The past few posts I’ve been focusing my research and attention on the phenomenon of social media. I have to admit it fascinates me, but the goal of course is to make it work, from a business stand point. How can online social networking help your business? And how do you choose from the hundreds of sites that make this available?

I’m going to deal with a number of well-known sites, each one I have reviewed in the last few weeks. Now I’m going to list out each service’s pros and cons so they can all be compared.

Pros:

• Networking Intensive
• Open and chatty community
• real time answers.

Cons:

• Time intensive
• Navigation not intuitive
• Leans towards the internet savvy

Pros:

• Great way to “poll”
• Close to Real Time but simple to use
• Ability to automatically feed blog posts

Cons:

• Too much down time
• Often Tweeple are more interested in getting follower than networking
• Superfluous information

Pros:

• Community Opportunity
• Clean Profile look - user friendly
• Ability to create applications, events and blog posts

Cons:

• Audience not “marketing” friendly
• Networking more social
• Ability to be tagged in notes and images that may not be work appropriate

Pros:

• Massive Audience
• Forum opportunity
• Widely-Accepting to advertising

Cons:

• Spammy
• “Bathroom wall of the internet” - reputation isn’t great
• Friend Collectors instead of clients

Pros:

• Simple, Clean, Business-friendly
• Opportunity to get business feedback
• Chance to get reviewed by clients

Cons:

• People may “reject” your link because they don’t remember you
• Many users don’t check-up on their profile regularly
• Not all people network with others they actually know

Pros:

• Viral effect for blogs
• Simple way to get noticed
• Easy to use

Cons:

• Many people “digg” things because their friends do, not because they like it
• Hitting the front page of Digg has been known to crash websites from too much traffic
• Millions of submission to compete with

Pros:

• Easy for any website
• Allows for site indexing
• Allows for reviews and keywords

Cons:

• Takes a little more time
• Can be bad for niche sites with advertising
• Allows the opportunity for people to rate you negatively

Pros:

• One of the longest standing Social Bookmarking sites
• Allows you to import bookmarks
• Ability to share of keep private based on user needs

Cons:

• Usefulness is merely just an extra link without good user connections
• A hassle without a toolbar extension
• Format is not instinctive

Are there any other social media sites you’d like to see reviewed and added to this list? Let me know what business tools you use.

Tags: Business, del.icio.us, Digg, Facebook, Linked-In, MySpace, Online Social Networking, Plurk, Social Bookmarking, Social Media, StumbleUpon, Twitter

This entry was posted on Saturday, July 19th, 2008 at 1:21 am and is filed under Business Suggestions, Internet Research, Veribatim. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.