MySpace, Twitter, and Facebook are all the rage, but for most business owners there are better ways to stay close to customers
Myth 1. Social media sites are free:
Using social media sites isn't as easy or cheap as many people think.
Sure, most let you set up an account for free and you can integrate other services, such as your blog or Google's YouTube videos, at no charge.
But there's a significant cost: your time.
Because there's nothing worse than a site that's not current and to keep it current, someone's going to need to spend time.
Old information—a stagnant site, comments left without response—are death in the social networking community.
Myth 2. You need to be on all the big sites:
Besides spending a lot of time and effort, businesses who have succeeded with social networking sites generally focus on just a few of them.
Just because the media says it's cool to tweet doesn't mean it has anything to do with your business.
If you're going to to frequent social community sites, don't spread yourself too thin.
Myth 3. Social networking sites are for marketing:
Baloney. I've learned from other smart business owners that social communities are not for marketing. They're for service.
Myth 4. Social networking sites are the future:
Really? Some of these cool and trendy sites aren't going to be so cool and trendy in the near future.
The percentage of Twitter users in a given month who return the following month has languished below 30% for most of the past year, according to Nielsen Wire. And MySpace recently suffered a decline in monthly traffic volumes and remember GeoCities? Yahoo! is shutting it down.













