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Using social media is the best way to promote your business brands. And with the explosive growth of social media, it is no wonder that a lot of companies are using social networking sites such as Twitter and Facebook.

A lot of marketers are now using social media and the numbers keep on growing. But these companies must understand how to employ effective methods and tactics in order to make the most of using a social media platform.

Remember that setting up an account is not enough. What is important is that there is participation and interaction among you and your audience. If none of this is happening then you are wasting your time. If you commit to making an account on a social networking site then you must be able to stay visible and active to your audience by doing regular updates. Keep them interested by constantly giving them useful information that is at the same time relevant to your brand.

Be humane. When people go to your account do not slap your company’s logo everywhere. Post a face to your profile, have a person’s name and have a good description. Make it more personal. Without doing so, people might think that you are becoming too self promotional. This could instantly make them lose interest because they will be thinking that you will just be pushing your products on them. It is ok to promote something but it should not be the main focus of your account.

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You must be able to engage with your audience. Try to start conversations by posting articles, videos and links that is relevant to your business. You should also comment on other people’s sites or pages so that they can check your own site as well. Having a social networking account is also a great way to listen to your customers and potential clients. By interacting with them, you get to harness trust and loyalty from them as well.

Aside from making use of social networking sites, you can also set up a blog. It is actually a great place to start employing social marketing strategies and you can set up links going to your blog from your profiles. Your blog can be your home base wherein you can directly promote your products to entertain those audiences who are interested and want to know more about your business and the services you have to offer

Following last year’s first version of my Social Media Landscape, I am induced to publish a new version to sync with the market’s latest evolutions. And I a not the only one: The Conversation Prism v2.0.

This new landscape is now spitted into four main usages (expressing, sharing, networking, playing) and is structured around social platforms which ambition is to cover each user’s needs.

Social Media Landscape (redux)

Social Media Landscape (redux)

The large size version is here : Social Media Landscape (redux).

Four Main Usages

The various tools and services displayed on this landscape are listed bellow.

1. Expressing tools allow users to express themselves, discuss and aggregate their social life:

2. Sharing tools allow users to publish and share content:

3. Networking tools allow users to search, connect and interact with each other’s:

4. Playing services that now integrate strong social features:

From Social Networks to social Platform

At the center of this landscape we will find former social networks, which have evolved to progressively integrate more and more functionalities and morphed themselves into social platforms. The notion of ‘platform‘ is particularly relevant since those network have the ability to host applications (mostly the one you find on the four main usages).

We can split social platforms into two groups: The First Generation which have been existing since more then 5 years and gather between 50 and 200 millions of users (Facebook, MySpace, Friendster, Bebo, Orkut, Skyrock, Hi5, Windows Live…) and The New Wave of social players which have a similar offering and a fast growing audience (between 20 and 50 millions users – Netlog, Imeem, Piczo, Lexode, Hyves, Buzznet, Xanga, Zorpia…).

I won’t enter in the debate to foresight which platform will grow faster or which will appeal the most to youth audience but I anticipate a rough competition for Facebook which is stile experiencing cash flow problem by sticking to the advertising model while those new social players have integrated micro-transactions and premium membership in their business model.

Google and Yahoo! are still absent from the social scene (wait, maybe not…)

You will also notice in this landscape the discretion of Google and Yahoo! which are ‘only’ represented by services that did not managed to break through the social scene (while being strong references, Blogger, YouTube, FlickR cannot be considered has dominant social platforms). Let’s be honest: MySpace and Facebook decently steal the spotlight from Google and Yahoo!.

Wait… maybe not if you consider Google as a being in a much more favorable situation with lower-level services like Gmail (one needs an email to register Facebook, right?) or Google Maps (can you count the number of social services relying on Google mapping tool?). Add to this there current cash situation and it leaves them plenty of time to sharpen their social strategy (Maybe by buying Twitter or FriendFeed, or booth!).

The same is true for Yahoo! which can rely on a massive user base (still outnumbering Facebook’s one) and essential social bricks like Delicious, Yahoo! Pipes, MyBlogLog and the promising Fire Eagle.

Did I mention Microsoft? Yes, Microsoft, those guys behind Hotmail, MSN and Windows Live. Ignoring them would be a big mistake and Mark Z. was more than happy to welcome them in FB’s capital.

From this pint of view, I expect a very thought battle around authentication services (Facebook Connect, Google Accounts…) allowing social platforms to exist outside of their boundaries and to export their members’ social graph. Big players like Google, Yahoo! and Microsoft have to emphasis their legitimacy as historical web players to keep control over their users.

I strongly recommend you to pay attention to those different services (yes, there is a life outside Facebook) and I shall meet you next year for a third version!