Potential Impact of Blogging on Businesses
There was a time of static web
pages where the content did not change for months or even years. Maintaining
the “What’s New” page had proved less effective in terms of introducing new
ideas, products or services that a business offered. It also relied on visitors
who were already familiar with the business website to read these updates. It
had little or no impact on generating more sales. Advertising on the internet has
always been very expensive and takes a substantial portion of the budget. But
now is the time of Social Media realm and blogging introduced a revolutionary
idea to advertise and market new products or ideas globally.
Blogging has now become a major
tool for a business to announce what it is up to. From entrepreneurs and small
businesses to large global firms, everyone is taking a keen part in blogging.
It has secured its position in the market and major firms have dedicated staff
just for blogging. It has become so
effective that in 2013 Yahoo paid $1.1 billion to acquire Tumblr, a blogging
company that hosts 170 million blogs.
There are many free blogs such as
Wordpress, Bloggers, Goolge+, etc. These free blogs can be used to introduce
and advertise new products to the global market within minutes. It also raises
business’ web presence and it can generate more traffic to its website. Visitors can read the blog, post their
responds, provide feedback and share it with other people. Blogging also
establishes the company as an expert and authority in its area of business.
It is very simple to create and
easy to maintain blogs. It is also very cost effective method to expand
customer base by keeping them informed with new products. Businesses can blog
on the existing platforms such as WordPress, Google+ etc. or they can also
customize it and incorporate in on their own business website. Search Engine
Optimization (SEO) to generate more traffic to a website relies heavily on
blogs.
One of my friends is an immigration
lawyer who used to work for a law firm. Two years ago, she started writing her own
blog about latest immigration reforms. She was doing it as a hobby initially,
but as she started getting recognized for her expertise and thousands of people
were reading her blogs, she decided to start her private practice. She created
her own website and incorporated her blog in it. She also became a member of
lawyers.com, lawguru.com and few other such sites where she answers visitors’
questions and provides legal consultation. As her blogs gained popularity, she
was recognized as an expert and 94% of the visitors to her blog decided to hire
her for her services. She is now paying almost nothing to blog but generating
$8,000-$10,000 monthly in new and repeat clients.
This is just one example of how
blogging generated more sales for a small business. Multi-billion dollar
corporations have recognized its importance and are maintaining their own
blogs. With the tremendous popularity of social media, blogging has become an
essential part of a company’s online profile. It is very cost effective, user
friendly and promotional tool with marked improvement in company’s sales.
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