February 10, 2012

Is Social Media a Lost Cause for Home Based Businesses?

Business Week recently published an article called “Debunking Six Social Media Myths” by B.L. Ochman. The six myths he attempts to debunk are:

• Social media is cheap, if not free
• Anyone can do it
• You can make a big splash in a short time
• You can do it all in-house
• If you do something great, people will find it
• You can’t measure social media marketing results

Ochman raises some legitimate issues throughout the piece. For example, he’s absolutely correct that you’re not going to become a star overnight. He also points out that unless you work to drive traffic, people won’t learn about your products or services, not matter how great they are. However, by the time you’re done reading the article, you might feel discouraged about being able to leverage social media marketing for your home based business.

A home based business can find success at social media marketing. Some of the “myths” are not myths at all if you implement sound marketing strategies. Social media is new medium, but proven marketing tactics and philosophies remain the same. Here’s a debunking of 4 myths that Ochman debunks:

Social media is cheap, if not free, for the purposes your home based businesses will most likely use them for. There are many free tools to help you along the way.
• Anyone can do it, if you’re willing to learn what it takes to succeed with social media.
• You can make a big splash in a short time, if you define a big splash as doubling your web traffic or making a profit each month.
• You can do it all in-house, and even assign tasks to your spouse and children who excel at working online.

If this is all new to you, learn more about social media and business marketing here.

Image Source: Bruno Neves

VN:F [1.9.13_1145]
Rating: 0.0/10 (0 votes cast)

Related posts:

  1. How Businesses Can Leverage Social Media
  2. Nonprofit Businesses Can use Social Media to Get More Money
  3. Palringo Releases Location Based Group Chat
  4. What is Social Recruiting for Businesses?
  5. 4 Common Myths About Blogging
About bosmol

We are a Social Media blog based on trending stores on various topics related to social media, Facebook, Twitter, LinkedIn, Internet Marketing, Social Bookmarking, Smartphones, SEO, and many other topics. We have been around since 2007 based out of Los Angeles, California. Subscribe to us to receive the latest news and updates first. Please feel free to comment back.

  • http://sellinginformationproducts.net John Soares

    As someone fairly knew to social media, I wonder about how good the return on investment of my time will be.

    I've been active on Facebook for several months, and I'm just starting with Twitter. (And I'm following seooptimizers!)

    VA:F [1.9.13_1145]
    Rating: 0.0/10 (0 votes cast)
  • http://www.findseniorhomes.com Senior Homes

    We can not deny that it is the spring time for social media network nowadays. Internet marketing, search engine optimization, social media are mediums for this.

    VA:F [1.9.13_1145]
    Rating: 0.0/10 (0 votes cast)
  • http://www.articleshout.com Free articles

    Anyways, social media is such a broad term, it covers a large range of websites. But the one common link between these websites is that you are able to interact with the website and interact with other visitors.

    VA:F [1.9.13_1145]
    Rating: 0.0/10 (0 votes cast)
  • http://www.myrtlebeachvacationrentalsbyowner.com/ Sara

    Ive got some large fan pages 10k fans plus and honestly the people will run to whatever page i post on it but they rarely if ever buy or register for anything I have noticed

    VA:F [1.9.13_1145]
    Rating: 0.0/10 (0 votes cast)
  • http://www.logoinn.com/graphic-design.brochure.aspx Brochure Designs

    well i don't think so.

    VA:F [1.9.13_1145]
    Rating: 0.0/10 (0 votes cast)
  • http://www.cirtexhosting.com/video-hosting.shtml Video Hosting

    All your points have awesome meaning and I have completely understand all. You are absolutely right that social media is the best option for show our skill to all. If we have some creative knowledge then other people will find us. We don't need to find anyone. We can make a big splash in just short time from our home.

    VA:F [1.9.13_1145]
    Rating: 0.0/10 (0 votes cast)
  • http://www.seogp.com/ SEO Company

    i don't think so that social media can lose our business promotion, but through social media we get lot of traffic and getting updated with different people to share our ideas and information with them.The most popular social media site is Twitter and Facebook.

    VA:F [1.9.13_1145]
    Rating: 0.0/10 (0 votes cast)

Switch to our mobile site