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Jared Hamilton
From: Jared Hamilton
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JD Rucker

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Exclusive Blog Posts

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5 Tips on Delegating Tasks to Underperforming Employees

No matter how carefully you hire or how well you manage your human resources, some employees simply don’t perform to the level you want them to. They…

Most Valuable Insight Finalist - Doug Van Sach

Most Valuable Insight Finalist - Doug Van Sach

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What to Expect as Driverless Cars Go Mainstream

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5 Ways to Upsell Without Sounding Like a Pushy Car Sales Rep

5 Ways to Upsell Without Sounding Like a Pushy Car Sales Rep

One of the keys to making a profit is the upsell. If you want to claim a heftier commission, upselling is a necessity. However, upselling is an art that sa…

Most Valuable Insight Finalist - Jim Roach

Most Valuable Insight Finalist - Jim Roach

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What is the Network Effect?

There has been much debate over the past couple of years over the value of social media to business. Most agree that it's effective for some business types, but few would say that it has an effect on the majority of business, particularly local ones such as car dealers.

In reality, social media has a place in nearly every business in the world that relies on such things as online advertising, customer reviews, and word-of-mouth word-of-click marketing. Even local businesses are able to draw tremendous benefits when they utilize social networks in the right manner.

This graphic by our friends at GetSatisfaction breaks down "The Network Effect." Some will see this and still dismiss social media as a something that doesn't apply to them. Before you make those sort of judgments, ask youself something. What drove you to this article in the first place?

Click to enlarge.

What is the Network Effect

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