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What’s the value of social media and why are businesses so slow to respond?

admin on Feb 12, 2010

Ad-ology’s study of 1100 small business owners, Small Business Marketing Forecast, shows that 50 % of small businesses think that lead generation is the biggest benefit of social networking.

Percentage of how useful the most popular benefits were perceived:
50 %: Generating leads
45 %: Keeping up with the industry
44 %: Monitoring online conversation
38 %: Finding vendors/suppliers

Even though 67 % stated that social media is a good way to increase business, 39 % of those surveyed said they did not plan to use social networking in their marketing plan in 2010. Why? Well, I guess it’s quite common to think that our customers aren’t computer savvy, not online and have no clue when it comes to social media. But is it really so? I think it’s time to stop thinking that our target groups are on a caveman level. It’s neither fair nor true.

/ylva.


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One Response to “What’s the value of social media and why are businesses so slow to respond?”

  1. Ylva Vitorovic Says:

    speaking of cavemen and social media:
    http://www.socialmediaexaminer.com/social-media-funnies-if-cavemen-were-bloggers/


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