Why is Facebook worth
$82.9 billion?! Twitter,
$4.5 billion?! And Hyves, taken over by TMG (Telegraaf Media Groep) for an estimated 40 to 80 million euro..
Companies miss opportunities when they are not familiar with or even aware of social media sites like the ones named above or youtube, linkedin, reddit, wordpress etc.

The largest opportunity is the
company's image, that can be influenced by the available social media tools! It builds a
fundament for a company or organisation with
much lower costs than the old fashioned way of advertising and PR. It facilitates
control over companies' products, services and business (or personal) image. There is an
easy and quick anticipation on seasons and unexpected situations and
new customers can be attracted easy and quick to facilitate in a greater market share!
It is
the place to meet/connect with each other, for friends - family - and colleagues.
The advantages of a Social Media Policy within a company are at first that it creates trust and therefore appreciation. It reduces the bridge between older and younger employees and improves the internal communication and cooperation. > act on it!