Importance Of Networking In Business

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Abstract: Networking is the single most powerful marketing tactic to accelerate and sustain success for any individual or organization. Networking is building connectivity so as to share and benefits from relationship. It helps individuals, organizations and communities to reach greater goals. It seems clear, then, that the ability to network effectively is an important skill for people to possess. Networking provides the most proficient, most enduring and most productive tactic in building relationships. No matter how experienced and educated we are, we will do better off when we are in situations where we have people we know. Network is of the best ways in creating contacts and expanding our set of connections. Networking is helping individuals…show more content…
It establishes business contacts with important people and makes easier to create link in the community. It also seeks new career opportunities, Facilitating win-win relationshipships, creating referral network, accelerate your professional development, and develop knowledge resources and networking resources to enhance your effectiveness. Some importances of networking are: Importance of networking in business 1. Build relationships: Today’s, in doing business we aren’t not facing local competitors but foreign competitors so building relationships means building businesses. Building relationships matters in business because when consumer is making the decision of dealing business with they are likely to be more comfortable with the one having a relations because they can trust someone who they know well. 2. Creating new avenues for your business: Business models can expire and altered in ever changing economy and technology but with networking business can create a new avenue for the organization to do business. 3. Stand out: Networking allows the business to stand out from competitors because customers trust them because of the impact networking provides. 4. Attract and retain customers. 5. Meeting new prospects 6. Getting referrals to new prequalified…show more content…
It is very important to personally and professionally to have a work-peer relationships even if they don’t last beyond this job. Some of the reasons why networking with work-peer relationships is important are: 1. To get information. When there is any relation information is exchanged. So, the more information we got it is more likely that it will be useful in the work and help in fulfilling the job, navigating any politics at workplace and avoiding anything that jeopardize career. Either it is formal, or just a gossip or insights we need ongoing and vast amounts of information to do well in career. 2. To build relationships. Even the most shy person or introverted out there needs to connect with others at some level. It helps us belong and comfortably contribute as part of the cultural fabric we are in. Relationships help validate us as people. 3. Help during trouble. It helps to have someone to whom you can trust that it won’t get broadcast. Having close contacts we can share our issues in times of trouble and advice for any advice or
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