Business Network can be increased by Social Networking Services .
Social networks make it easier to keep in touch with other contacts around the world. Specific cross-border e-commerce platforms and business partnering networks now make globalization accessible also for small and medium sized companies.
Different Business Networking Types are:
1.General business networking
Before online networking, there was and has always been, networking face-to-face. Such organized events are very well and alive today. For example, investigate your local chamber of commerce or rotary club for its calendar of events. "Schmoozing" or "rubbing elbows" are expressions used among business professionals for introducing and meeting one another, and establishing rapport. Through investing one's time meeting and understanding other professionals, one gains a sense of trust and is more confident to exchange referrals.
2.Face-to-face business networking
Professionals who wish to leverage their presentation skills with the urgency of physically being present, attend general and exclusive networking events. Many professionals tend to prefer face-to-face networking over online based networking because the potential for higher quality relationships are possible. Many individuals also prefer face-to-face because people tend to prefer actually knowing and meeting who they intend to do business with.
3.Exclusive business networking
The most influential and prestigious of networking alliances occur in exclusive business networking communities. Exclusive networking means, within a group of professionals, only one representative per specific industry is allowed to regularly attend and benefit. For example, in one such group of professionals, there may only be one kind of salesman from a particular industry. This way, this salesman benefits from his own kind of monopoly- He faces no competition. In this way, each member finds their position gratifying and valuable. Networking organizations have varying rules of membership, strictness, and accountability.
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- Manpreet Singh Bindra
- PATIALA, PUNJAB, India
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