4 Easy Ways to Use Social Media to Boost Business Development

When one considers the fundamental activities that drive an effective social media strategy—having a list of prospects, researching contact information, collecting and distributing information to prospective clients, to name a few—it becomes evident that there is nothing new here. Those activities have always been the fundamental building blocks of acquiring new business. Yes, the methods that were used in the past are different, but the basics remain the same.

Of course, the time that would be required to execute all of those activities old-school style would make such a thing a near-impossibility to accomplish. Think about it. You would need one person to manage databases, another person to research, print, and distribute articles and other items of interest, and another to scour the marketplace for new prospects using telephone directories and other print products. A private secretary, an intern or two, and half of your available work schedule would be an appropriate manpower requirement to attempt such an undertaking. You have probably worked in a company (or may do so currently) where these activities are still being executed in this way. If so, you already know what kind of time commitment is involved to make this effort worthwhile.

The incredible power of the Internet, and specifically the technological power of social media, has completely transformed this heretofore labor-intensive set of tasks into a very manageable and minimally time-intrusive process that can be managed by just one person—you. Once implemented, it takes very little time to execute, and it needn't interfere in any way with your normal selling activities. There are a number of social media marketing advantages, all driven by technology, that make this possible. The more significant ones would almost certainly include the following:

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