Social media has become an important platform for business houses to reinforce brand messaging and to engage with customers, employees, candidates and prospects. To interact with customers companies use these platforms to influence customer opinions, provide offers and services and for hiring new employees, they use this platform to choose prospective employees in a targeted manner. They also use this platform to engage existing employees and increase their productivity. To increase the brand image in the digital world they use a combination of internal and external social media tools to generate ideas, evaluation and product launch. Some of the social networking strategies, which are critical for social media platforms, which can bring in massive results, are as follows.
Comprehensive strategy: A comprehensive social media strategy should be incorporated with other platforms along with Facebook and Twitter where customers, employees, candidates and prospective customers are talking about the company. Some of the platforms, which should be incorporated, are business-networking sites, industry specific sites, video sharing sites and country specific sites.
Communication model: Companies should use social media to as a two-way communication channel by posting surveys and questionnaires, getting customer, prospects and employees opinion about the products and themes related to the company business module.
Retain control: when companies outsource their social media management, they should ensure that they retain control of the editorial rights to what is being posted. This can be done by putting in place-automated approval workflows and escalation processes between the pot sourced firm and the company.
Set targets and analyze: Biggest factor to keep in mind when companies implement social media strategies are to set goals and analyze the performance against that of the competitor. Some of the analyzing strategies are conversation sharing and positive and negative comments for the company vis-à-vis competitors, increment in social media followers and time taken by users to comment
Social networking strategies if incorporated using the above methods properly can give maximum benefits to the company which in turn will increase the followership compared to competitors, improvement in sales, improved customer satisfaction and improvement in efficiency of the service rendered and employees productivity.

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