BizSugar.com › Social Media › Social Media will boost Business Influence

Social media networks can boost the level of influence a business has within a market or even impact buyer decisions. The explosion in social networks in recent years means brands like Facebook, Twitter, LinkedIn etc are actually driving economic activity through its ability to connect like-minded individuals or business for economic gain. Also these same social networks are championing more human forms of regulation and currency. Influence and reputation, (person to person exchange of information), has become part of the social media economic system and indicates that personal or brand trust will give a business more value than just pure financial transactions.