Friday, May 12, 2023

Networked Business

Many businesses utilize networking as a key element in their marketing plan. It helps to develop a strong feeling of trust between those involved and plays a big part in raising the profile of a company. Suppliers and businesses can be seen as networked businesses, and will tend to source the business and their suppliers through their existing relationships. As well as with the companies they work closely with. Networked businesses tend to be open, random, and supportive, whereas those relying on hierarchical, traditional managed approaches are closed, selective, and controlling. These phrases were first used by Thomas Power, businessman and chairman of Ecademy, an online business network, in 2009.

Additionally, social media has made a positive impact on networking as it also has allowed for more openness and inclusivity. To be successful with social media, it is vital to consider and plan an approach that can be maintainable and reliable. The best method is to put time aside weekly and make a plan for a few days a week and block off time to improve a social media approach.

Read more, here.

WHERE WE MEET
Anderson’s Catering
1286 Callen Street
Vacaville, CA 95688

EVERY WEDNESDAY
from 11:30am to 1:30pm

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