Twitter and Facebook - Now What?

Okay, despite my greatest effort to avoid the issue, too many people are focused on Twitter and Facebook. How can you use these tools to build a business? I'm here to tell you to calm down, take a deep breath, and realize that social networking can certainly help you with your online marketing but isn't all it's cracked up to be.

What do I mean? We'll if you are trying to earn a million bucks using social networking sites, then I'm here to tell you that you are going to be disappointed. Personally I think Facebook is a great tool for spreading the work and creating awareness. In fact, I recently spoke to an individual who heads up social marketing for a packaged goods company.

His company uses Facebook to create groups around product themes and launch events. For example, developing a video contest where people use his product and submit videos. By having a fan page, you can reach a large network of individuals and create something of interest. The tie back to product sales may be a little loose, but using Facebook to "spread the word" is really the essence of the social networking tool.

This is very similar to what Nike did years ago by giving athletes and jocks a free pair of Air Jordans. They were influencers and Nike understood that once an influencer puts something on, others want it. Think about Facebook this way and you should come up with some pretty innovative marketing ideas.

As far as Twitter is concerned, I'm at a loss. This is like Cirq De Soleil - taking the best part of the circus and making it the show. Twitter is the same - taking the best part of Facebook (updates) and building a site around it. If you're popular enough to have hundreds of followers, indirectly mention a website or product you're using and you'll drive traffic.

That's about the full extent of social media right now. If you have additional uses or successes, share them in the comments...