Looking for a way to build your prospect database without glad handing at every after-hours event around town? While not applicable to every business, social networks make the perfect tool for gathering information on potential clients.
Aside from allowing you to gather contacts 24/7, online resources like Twitter, Facebook, etc. provide other tangible benefits. First, the prospect must opt in to follow your company. Unlike mass e-mails, advertisements, commercials and so forth, social networks net only folks who are interested in your operation. They must be – they signed up for more details.
If maintained properly and on a regular basis, this targeted approach tends to yield loyal fans. They check in from day to day, recommend friends become followers, and keep your business name at top of mind. Moreover, these accounts build a relationship – the most essential rule of marketing.
Social networks have been around for some time, so none of this is new. However, the methods we use to run a social network campaign have changed. Companies continue to concoct fresh approaches to get the most people inspired to sign up.
One of the more elaborate approaches involves holding a contest of sorts. The business announces its goal to reach online supremacy – or something like that. For example, Acme Beer pushes for 500,000 new followers. If they reach this number, they will give everyone a free shirt that says “Official Acme Brew Taster.”
The idea is to create incentive to not only sign up individually, but to encourage others to sign up as well. The participants, in a sense, become part of a movement. As a result, Acme Beer gets a half-million contacts for its database. Even better, those same people serve as living advertisements, wearing apparel (that they clearly wanted) that dons the Acme name. It’s cross marketing at its finest.
Other ideas for growing social networks – hence building a prospect database – include offering valuable advice (weight loss tips, recipes, etc.), coupon codes to other Web sites, to-be continued content, etc.
Remember, the end goal isn’t to draw everyone and everything, but to reach a core of people with a real interest in your business. After all, these are the folks who most likely want what you’re selling.

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