Page 338 - Using MIS
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306       Chapter 8  Social Media Information Systems


                                                                     Social Network 2
                                         Social Network 3
                                                                User
                                                                  4
                                         User                                            Social Network 1
                                         10                        User
                                                                    5                User
                                            User                                      1
                                             11                User
                                                                6
                                       User                                                           Wedding
                                        12                                           User          Photographer’s
                                                                                      2              Facebook
                                                                                                       Page


                                                               User                  User
                                                                7                     3
                                           Social Network 4            User
                                                                        8


                                                                    User
                                                                     9

        Figure 8-6
        Growing Social Networks



                                    followers. In this way, social media may allow users to convert social capital into financial capi-
                                    tal. Some famous celebrities get paid more than $10,000 for a single 140-character tweet! 12

                                    Using Social Networks to Increase the Strength of Relationships

                                    To an organization, the strength of a relationship is the likelihood that the other entity (person
                                    or other organization) in the relationship will do something that benefits the organization. An
                                    organization may have a strong relationship with you if you write positive reviews about it, post
                                    pictures of you using the organization’s products or services, tweet about upcoming product
                                    releases, and so on.
                                       In the previous example, the photographer asked a client to like her Facebook page and
                                    wedding photos. To the photographer, the number of friends the client has in her social network
                                    is important, but equally important is the strength of the relationships. Will the client’s friends
                                    like the photographer’s page and photos? Will they retweet the client’s success story? If none of
                                    the client’s friends like the photographer’s page and photos, then the strength of the relation-
                                    ships is weak. If all of the client’s friends like the photographer’s page and photos, then the
                                    strength of the relationships in the client’s social network is strong.
                                                                                              13
                                       In his autobiography, Benjamin Franklin provided a key insight.  He said that if you
                                    want to strengthen your relationship with someone in power, ask him to do you a favor. Before




                                    12
                                     SponsoredTweets.com maintains a list of celebrities, number of their followers, and their price for a sponsored
                                    tweet.
                                    13 Founding father of the United States. Author of Poor Richard’s Almanac. Successful businessman; owner of a
                                    chain of print shops. Discoverer of groundbreaking principles in the theory of electricity. Inventor of bifocals, the
                                    potbelly stove, the lightning rod, and much more. Founder of the public library and the postal service. Darling of
                                    the French court and salons and, now, contributor to social network theory!
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