For a small business just starting out, budget is a primary concern. A big expenditure in a business’ budget is marketing.  You have to get your name, face and brand out to the masses, and using traditional advertising methods like print, TV, radio, and even new media strategies can be expensive.

Have you considered social media? I know there are a lot of questions out there about social media, how it works and why it’s a good gateway to business marketing, so here are a few reasons why I think it can be a great place to start for a small business.

1. It’s Free: When your on a budget, nothing beats free. The majority of social media outlets are free to use. Though there may be a time commitment, there is a great deal of value in the fact that marketing can be allocated elsewhere while you grow your business.

2. It’s Easy: Most social networking sites walk you step-by-step through the setup process and many even let you know how complete your profile is and what you can do to make it a more complete profile. For Blogging, Wordpress has its Famous 5 Minute Install that for beginners can take longer but still very reasonable and straight forward when following instructions.

3. Unlimited Exposure: With Social Media platforms like Facebook averaging 25-30M new followers per month, the possibilities of exposing new potential customers and clients via social media eclipses rival marketing methods in the short and long term. You can’t search a TV or Billboard audience for potential connections.

4. It Builds Lasting Relationships: The sole purpose of using social media is engaging and building relationships. People want to do business with people they have a relationship with. Using social media platforms is an excellent way to build relationships that foster respect with your target audience. Lasting personal relationships, lasting business relationships!

5. SEO Power: When it comes too online presence, SEO is king. Everyone wants the Google Juice that puts them at the top of the charts. Blogging the right way can play a significant role your business’ search engine presence.

So what are you waiting for? Give FREE social media a try today. You wont regret it tomorrow and neither will your business!

Since I started sharing Social Media with business professionals in Hampton Roads, I have come across success driven people from all industries! Though many are wary of the seemingly unpredictable affects social media can have on their careers, none have been more resistant to riding the social media wave than those from compliance based professions. Financial Planners, Stock Brokers, and Mortgage Brokers for example are professions that are heavily regulated by company policy. Ironically, many compliance based professions have the potential of receiving the most benefit from using social media platforms.

So the question is, how can compliance based professionals use social media without getting fired? The key is developing a strategy that takes the information emphasis off of you as the individual but still gives you the opportunity to be a valuable source of information for your friends, and clients. The foundation of your strategy is branding, or in this case, re-branding. If people is your business, your face and your personality is your brand. In the social media world, you have to be a little creative and develop a separate brand or personality in the blogosphere.

As long as the internet has been around people have been using it to create a new identity for themselves. The beauty of the internet is that anonymity is automatic. You start with a blank sheet of paper and with a little creativity you can draw your own picture essentially developing a new personality or brand online. Though Social Networking Profiles are centered on names and faces, blogs are centered on information.

Assume Your Social Media Alter Ego

As a compliance based professional, you can use your blog to express your opinion and be a source of information and expertise ‘anonymously.’ Then, use your social networking profiles like facebook and twitter etc. as a pointing device to this great information you’ve located online. People are smart and they will get the message. “Person X is always posting the best stock tips… she must be a stock broker or know a good one.” Bam! You’re in there.

If you are in a social profession, social networking is essential to your survival long term. Everyone in your target market is flocking to social media and they are looking to do business with people they can relate with and connect to. Be that person and seize the social media moment that can make your career!