How much sales can be increased
by promoting through Social Media?
Online Business Forum, Business Social Media, Iasi, 15th of June, 2010
The source of graphs is socialmediaexaminer.com.
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How much sales can be increased by promoting through Social Media? Online Business Forum, Iasi, 15th of June, 2010
3. Back to basics: the community = the essence of Web2.0
Every new social media account is ... a blank page!
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4. The benefits of social media marketing
The number-one benefit of social media marketing is gaining the
all-important eyeball.
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5. The commitment for social media marketing (hours/ week)
56% of marketers are using social media for 6 hours or more each week
and 30% for 11 or more hours weekly
7. How business types vary the time commitment
16.7% of all businesses invest 10 hours per week in social media efforts
8. The age factor
The median time for all groups (except the 60- to 69-year-olds) was
10 hours per week.
9. Social media helped me to close business
73.8% of marketers
who have been using
social media for years
report it has helped
them close business
10. Generated exposure for my business
Even with a minimal
time investment, the
vast majority of marketers
(78% or higher)
indicated their
social media efforts
increased exposure
for their business.
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11. Resulted in new business partnerships
53.1% of people
who've only invested a
few months with
social media marketing
report new
partnerships were gained
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13. Social media outsourcing
The larger the organization, the more likely outsourcing is taking
place. For example, 25.7% of large businesses and 25% of
mid-sized businesses are currently
outsourcing, compared to only 10.6% of sole proprietors.
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