Jun 03 2009

Social Media = ?

Read an interesting survey today that kind of confirmed some of my suspicions, at least preliminarily. You can read it here. The gist of the survey is that people are using social networking to chat with and build networks of friends and colleagues, but not buy stuff. That makes sense to me. I’ve always thought that the social media piece, as it pertained to growing business or selling products, seemed kind of questionable, at least and unproven at best.

I come to this opinion first and foremost as a user. I like to get my hands on stuff that I hear my friends talking about, and that has influenced a lot of purchases over the years, but there’s a higher likelihood that I’ll read about something, hear a review on NPR, or just generally pick up something that I heard about through word-of-mouth. I’d love to get other folks opinions on this, as the monetization of these services and the possibility of growing business through social media is getting a lot of press these days.

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