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BizReport : Social Marketing : December 16, 2007

Social-networking - approach with caution

The buzz surrounding social-networking, along with the mega-successes of the likes of Facebook, MySpace and Bebo, is hard to ignore, but a new report suggests that businesses take a step back and not get swept along in the crowds clamoring to take advantage of this new channel.

by Helen Leggatt

In the recently released report, “Three Potential Pitfalls of Corporate Social Networking”, Gartner advises businesses to consider three particular points before investing in a social network.

Gartner's report makes the point that the hype surrounding social-networking doesn’t necessarily mean the technology is mature enough for it to be regarded a critical business component.

The author, Brian Prentice, particularly stresses that businesses should ensure the protection of personal intellectual property and to consider the preference of the majority to use “non-professional external networks” such as Facebook and MySpace.

And finally, the report suggests that it is the content, not the technology, from which social-networking gets its value.

Tags: intellectual property, social networking

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