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Monetizing Facebook Group Application For Business: Social Media Network Multi-Level Marketing Tips and Tricks

By Tisha Gordon

In our past issue we went over a few tips for creating wealth on Facebook. In this issue we are going to talk about using Facebook marketing and Facebook Groups for your business.

This Facebook Group Application has recently been revived by the social networking site, making it more efficient and friendly for its users. Note that that unlike Fan pages, the Groups application is not recommended for use if you're developing a target market. A group can be kept secret or open should the moderator chooses to do it. With Groups, the members are able to start discussions, put up links as well as photos.

However, at the present the Facebook Group Application has a reduced ability if you are using a Fan or Business page although one is still allowed to have an open group using the said pages. To get the most out of this application, some businesses either assign a team to manage it using a personal account or be mindful when including contacts to their Facebook business page. The business owner can also perform this directly.

Let's quickly go over a few ways to apply social media management and using the Facebook Group Application to your advantage:

As A Way To Interact With Other Businesses Within The Industry You're In

Whichever industry you are part of, a good discussion on the key points and issues of the community is one way to develop your status whether through conventional meeting places or through casual discussions in a medium like Facebook. For other business owners, this could suggest talking to competition and disclosing things that they aren't expected to. Then again, they'd be amazed to know that a lot other advertisers are willing and eager to share what they know. So don't hesitate to talk about and moderate a closed or open discussion (whichever you prefer) with other internet marketers. You might just harvest some benefits you wouldn't have had otherwise.

- As An Assistance Group

Are you dealing with a handful of snags in advertising and marketing? In case you need to discuss some internal issues with the admin, how do you go about it? With Facebook for Business, you can conveniently do this with as much openness or privacy as you want.Employees will appreciate the written support and this will help them feel like they're not alone in solving the problem. You and your team will also be able to post some accomplishments at the wall and who knows? This might even turn out to be an inspiration for everybody.

- As a Call for Corporate Social Responsibility

Are you interested in running a fundraising activity inside your crew? How about if you need to correspond with the charity your company is affiliated with? Facebook will give your efforts a sense of openness and will also help you be more organized with the call for volunteers. If you decided to make the discussion open or accessible to everyone, your customers and other companies might even involve themselves.

- As a Way to Update Field Workers Regular interaction among the employees is an essential aspect of any business. All businesses must be able to communicate with everyone in the team quickly and easily. Anything that needs to be talked about internally can be done so at the comforts of your very own laptop wherever and whenever you are through Facebook Groups. Discussions can be done through chats as well as posting of updates at the wall.

That's it for today's issue. Make sure to read the next one. We are going to talk about the right way to interact with you Facebook friends & fans.

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