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IntroBusiness networking is a marketing method by which business opportunities are created through networks of like-minded business people.

Business networking is a more cost-effective method of generating new business.

It's a great way to exchange ideas as well as referrals.

According to recent statistics, your chances of sealing a deal are 79% higher when business networking is involved. 

Since businesses are expanding globally, social networks make it easier to keep in touch with other contacts around the world.

Businesses are increasingly using business social networks like XING or professional business networking tools like Boardex as a means of growing their circle of business contacts and promoting themselves online.

Successful Business Networkers make online business networking an active part of their daily business routine, anything less is time wasting.

Executives spend an extra 11 hours a month online

A study run by online business networking service www.MeettheBoss.com shows that executives are spending an extra 11 hours a month online sharing their professional experiences and learning from their peers.

90% of respondents said they felt their time online was ‘very valuable’ to their daily role.

Finding answers for your business is one thing, but most executives have spotted more ‘individual’ advantages to this new phenomenon.

Face to Face - Takes place in person, as members of a local business circle share their knowledge and resources, leading to more lasting relationships.

"Schmoozing" or "rubbing elbows" are expressions used among business professionals.

Professionals’ tend to prefer face-to-face networking over online based networking.

Today’s business leaders look for people who are socially adept and ready to offer a real-time handshake, a smile, an interesting conversation and an intelligent presentation.

ICT in Business“ICT" business networking

approach rethinks -- and rebuilds -- the operating support from scratch, around two key business features: information contributions; (automated) information exchanges.

ICT …. is responsible for around half of productivity growth in modern economies.

Impact of ICT on BusinessThe use of ICT and technology has affected every

aspect of business, transforming not only the way that business is conducted but also creating new business sectors and jobs.

Some examples of the nature of this change includeMarketingFinanceOut of office workingNetworks

Where to Find Networking Opportunities We all know there are a lot of places online where

you can network and expand your professional connections

Some popular networking opportunities you may want to explore include:Conferences Meetings for professional organizations Community service events Tweetups Local business networking groups

 

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