Networking exceeded physical boundaries even before the pandemic.
However, the shift to remote and hybrid workplaces and the rise of gig-based opportunities presented the need to align networking with modern trends. Thus, digital networking has taken the stage, and its importance will likely continue in the upcoming years.
One study by Forbes exploring the use of virtual meetings and conferences as a substitute for in-person contact reveals that the greatest benefits of digital networking are:
- Time efficiency – 92%
- Cost savings – 88%
- Location and timing flexibility – 76%
- Allowing the participant to multitask – 64%
- Increased productivity – 55%
- Ability to archive sessions – 49%
- Reduced peer pressure – 16%
As a significant part of digital networking, platforms like LinkedIn or specialized industry forums effectively connect professionals and communities globally.
With the rise of AI technology, it’s also likely for networking to progress in this direction.
In fact, Farhan Siraj, Co-Founder and CEO at OSHA Outreach Courses, states that in the coming years, it will be crucial to how one leverages AI for networking.
“There is already a plethora of tools that promise to connect professionals through specialized algorithms. However, there are some extremely below-average tools in the market.
To utilize AI effectively, you must first learn to separate the wheat from the chaff.
After this, you must learn to approach those you have found through AI. This is where your cold networking skills will be crucial. You must respect the boundaries and preferences of potential connections and work towards steadily building a relationship,” says Siraj.
Finally, another aspect worth exploring, according to Young Pham, Editor Manager at Biz Report, is the metaverse.
Pham explains: “The digital realm continues to expand, with the emergence of the metaverse presenting a novel and exciting dimension for networking.
In 2024, professionals should consider joining digital forums, including those within the metaverse, where like-minded individuals congregate.
These platforms facilitate seamless interaction, information exchange, and collaboration across geographical boundaries.
As the metaverse gains momentum, being an early adopter can provide a competitive edge in expanding your network.“