
Most of the buzz about social media concerns Twitter, Facebook, LinkedIn and the like, and how they can drive traffic and revenue for consumer brands. That social marketing hubbub is exciting, but it drowns out the quieter but much larger impact private online communities can have on business-to-business firms and their customers. In these intimate online venues, customers and companies can convene to plan and build for the future, collaborating in ways that will never happen in the public eye. Private online communities offer secure spaces for customer intimacy programs, product innovation summits, and peer-peer idea exchanges. Small groups of people with common interests come together to share information and support complex decisions, such as who are the best lawyers in a specific legal niche, or the proper steps for installing and rolling out a complex H.R. software package, or where to train employees on presentation skills. Key benefits for their sponsoring organizations include generating ideas and information that fuel business innovation and customer satisfaction. As businesses and individuals discover the strong operational returns they can get from these communities, they are creating a quiet but powerful social business revolution.Read the rest of this article on Forbes.com HERE. Author Credit: Vanessa DiMauro, the chief executive of Leader Network.