Social Enterprise Investigate

Using Social Networking For Business

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Executive Summary

Online social networking is the newest weapon to get more customers. The Internet research company Compete found that two out of every three people using the Web visited a social networking site. These websites have had a 109 percent growth since 2004 and seem to show no signs of stopping, Compete found. While popular teenage/young adult sites like Friendster or MySpace may not garner more sales for your business, there are plenty of social networking websites geared towards the entrepreneur, such as LinkedIn, Ryze and Spoke. Nowadays the hard part isn't finding a service, but finding the right service.

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