The Value of Networking in Small Business (Essay Sample)
DISCUSS The Value of Networking in Small Business AND ITS IMPACT
source..
The Value of Networking in Small Business
Nelson Mandela
Studypool
The Value of Networking in Small Business
The digital age creates a platform to which a small business can grow and flourish or fail to rise. The success of a small depends on the capabilities of a digital leader, digital literacy in networking has proven that businesses must comply with the changing marketing strategies and venture into the future (Hadad & Bratianu, 2019). This paper will explain various strategies that a small business can use to maximize networking.
The first strategy for maximizing referral network in a small business by offering exceptional customer care services. The focus on customer care services should be on quality and the speed of the services they offer. Quality and speed must be constant to meet the needs of the clients that will get them to come back and refer other clients in need of their services. By establishing exceptional customer care services, a business can now set up earning platforms through referrals that will enable the business to grow its customer base and eventually grow exponentially.
The digital era has ushered in the social media services that are vital for networking and marketing in a business. A small business can utilize the use of social media to market its products and services, networking through social media can be done through Facebook pages and websites and blogs that are customer-oriented and easy to navigate. Social media offers a platform that a business can benefit from by learning the needs of customers and the areas of improvement through feedback and suggestions. Social media also offers an easy mode of sharing the business services at a click of a button through the referral programs ( Griffith & Hoppner, 2013).
Small business can either fall or succeed on the
Other Topics:
- Identifying the Stock Price ScandalDescription: Enron is an example of a publicly traded corporation that was involved in a stock price scandal. Corporation is an independent and legal entity formed following the statutory requirements (“Nature of Corporation” 1). This company was founded in 1985 and became one of major suppliers of gas and electricity...1 page/≈275 words| 1 Source | APA | Business & Marketing | Essay |
- Business StrategiesDescription: Apple has been successful for the last few years because it has created a competitive advantage. One way through which it has been able to create a competitive advantage in an industry that is so tough is the quality of its products (Dess et al., 2018)....3 pages/≈825 words| 1 Source | APA | Business & Marketing | Essay |
- Changes Affecting Marketing Business & Marketing EssayDescription: Marketing can be defined as a management process in which products (goods and services) move to the customer from concept. This process entails product identification, demand determination, price decisions, as well as distribution channels’ selection (Brunswick, 2014)....4 pages/≈1100 words| 8 Sources | APA | Business & Marketing | Essay |