Do Social Networks Work in Affiliate Marketing?
Dave at the Affiliate Programs Blog made an interesting post about reaching terminal velocity with social networks…
“I love social networks, I truly do. I use nearly all of the top services on a regular basis, from Digg, Delicious, Newsvine, Myspace, LinkedIn, and others. I’m actively participating in over 10 social networks in one way or another (and I’m not counting forums that I participate on or email lists I belong to). But in all reality, I’m reaching a social networking terminal velocity.”
The phenomenon of social networking has certainly spread into the everyday existence of affiliate and online marketers. Rarely are contacts or potential partners not available for linking on a platform such as LinkedIn or MySpace. Many marketers are also pointing to RepVine as a potential place for finding contacts and keeping in touch.
However, in reality what sort of business or potential business deals are done on these networking sites? Are they worth the time invested in terms of realized actions that result from participating? How has your program or site benefited from participating on LinkedIn or MySpace or RepVine?