Unit 6 Understanding Business Networks

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The main purpose of this report is to identify and understand the business networks. Business networking is an actual low cost marketing method for increasing sales opportunities and contacts, based on referrals and introductions-either face to face at meetings and gatherings, or by other contact methods such as phone , email, and increasingly social and business networking websites. Business networking deals a way to spread decision-makers which might otherwise be very difficult to involve with using conservative advertising methods. Many business use networking as a key factor in their marketing plan.

Operational Networking This is the network you need to have to basically get things done. It’s good relationships with the people in your critical path, your customer, your suppliers, your team members. Networking involves cultivating the relationships with people you need to accomplish your job. The network or group of people involved in the day to day functions of their jobs. …show more content…

These are professional connections that are flexible, that are not as knotted to the immediate job so that you can neglect and still get your work done today. But these are the contacts that allows you to remain to develop professionally, to target yourself with peers outside, to remain a bit on the cutting edgeof your profession. These are the network that people often use when they want to make a career move.
Strategic Network This allows people to share concepts about best practices in management, learn new methods and keep close tabs on improvements in business and technology.it helps people to see the superior picture and create their own visionary approach. Strategic networking is the hardest but most important if people want to become business