Social CRM (customer relationship marketing) can be a very powerful business tool. For example, establishing a Facebook page allows people who like your brand and the way you conduct business to Like your page, which creates a venue for communication, marketing and networking. Through social media sites, you can follow conversations about your brand for real-time market data and feedback.
Ether is an interesting way to make money on Facebook. This website will allow you to add an app to Facebook and you can then give advice to people over the phone. If you’re good at giving advice, you can make some money. While this probably isn’t everyone’s cup of tea, if you’re into music, check out MusicBlaster. You can create a music store right on Facebook and then sell music from BlastMyMusic. For every song sold, you make 5%.
If you are apparently 'wasting' time on the social media, it is the time you need to act smart and do not fo it for free. With no dearth of the startups and companies trying to make a mark on the social media sites, the demand of the SMM is quite high. You will be required to manage different social accounts be it facebook, twitter, Pinterest, Snapchat, Reddit to name few and oh! Even Quora.
Another survey conducted (in 2015) by Pew Internet Research shows that the Internet users among American adults who uses at least one social networking site has increased from 10% to 76% since 2005. Pew Internet Research illustrates furthermore that it nowadays is no real gender difference among Americans when it comes to social media usage. Women were even more active on social media a couple of years ago, however today's numbers point at women: 68%, and men: 62%. In the United States, a 2018 survey reported that 88 percent of people 18-29 years old have at least one social media account. Over 60% of 13 to 17-year-olds have at least one profile on social media, with many spending more than two hours per day on social networking sites. According to Nielsen, Internet users continue to spend more time on social media sites than on any other type of site. At the same time, the total time spent on social media sites in the U.S. across PCs as well as on mobile devices increased by 99 percent to 121 billion minutes in July 2012, compared to 66 billion minutes in July 2011. For content contributors, the benefits of participating in social media have gone beyond simply social sharing to building a reputation and bringing in career opportunities and monetary income.
Users typically access social media services via web-based technologies on desktops and laptops, or download services that offer social media functionality to their mobile devices (e.g., smartphones and tablets). As users engage with these electronic services, they create highly interactive platforms through which individuals, communities, and organizations can share, co-create, discuss, and modify user-generated content or pre-made content posted online.