I was never a fan of the cocktail party-variety networking scene. I will never be one to dart around a room shoving business cards into people's hands. I prefer meaningful conversations with people, getting to know them and vice versa.
But social media networking? That's something different altogether. Done right, it's never a hit-and-run. Rather, it consists of building relationships over months and even years by sharing information – both professional and personal – through posts, comments and responding to questions in various online communities.
What's the return on investment, the ROI, for putting that kind of time into social media? Actually, it's called the RON – the "return on networking."
And for me, it's huge.
I've been on Facebook for five years; I also have Twitter, Google+ and LinkedIn accounts, among others. All totaled, I'm now approaching 100,000 friends, followers and connections. Those followers expose my name and message to their audiences every time they "like" one of my posts or share one of my links. Recently, someone re-tweeted something I'd shared on Twitter – he had 130,000 followers! That's a potential audience of 130,000 people I likely would have never reached otherwise.
Talk about exposure.
Who knows how many of those people may someday become my clients? Who cares? I'll still consider the exposure a good return on networking. Here's why.
The RON of social media isn't always tangible, not immediately, anyway. By establishing a continued presence online through regularly sharing content of use to my followers, I'm building my platform and my reputation as an expert. That grows in surprising ways – and it lives in surprising places.
A recent case in point: Late last year, I got a call from a prominent New York City hair stylist, the director of a salon in one of that city's premier department stores. He wanted to talk about some publicity needs and what my company could do to help him.
When I asked how he got my name, he explained he'd written some books over the years with a co-author, and she'd heard me at a speaking engagement.