The social media landscape is volatile and changes quickly. Just look at the scattered wreckage of Myspace or Friendster. Some commentators were even sounding the death knell for Facebook in the last few years. But as social networks have matured, they have established their individual spaces in the marketplace. Determining which networks to target and how to target them deserves consideration. Which channels have the highest potential for online sales? Who is actually using these networks?
Affiliate marketing isn’t the only strategy to have evolved recently. Influencer marketing has undergone a makeover of its own, becoming more transparent, more streamlined and more effective. If you have felt in the past that influencers do not offer the same transparency or sales-driven results as affiliate publishers, you might be pleasantly surprised by recent updates and changes in the industry.
Typically, the biggest mistake that most companies make is that when they connect, follow, or get followers, the relationship ends there. Just because you have followers or you follow others does not mean that you do not need to put in the work to develop a relationship. The fact is that you must be able to build a community that will maintain a good structure and will ensure the full potential for your business to succeed. Strong connections are often the result of your engagement with the community, so you need to participate and engage with your network. Otherwise, the people you are connected to will see you have no value and they will pay attention to other networks that are beneficial and offer them value.