Social Media Survey

- Image via CrunchBase
Econsultancy recently conducted a survey to determine how big a role social marketing and online PR is playing for a cross-section of over 1000 businesses.
Report findings:
- Almost two-thirds (64%) of companies say they have experimented with social media but have not done much.
- Micro-blogging (i.e. Twitter) is now the most widely adopted social media tactic, used by 78% of company respondents.
- Just under half of companies (46%) are not yet using reputation or buzz monitoring tools to understand what is being said about their brand.
- Nearly a third of respondents (31%) are not spending any of their budget on social media.
- There is a mixed view of the benefits of Twitter, with almost a third of respondents (31%) saying that there are tremendous opportunities available.
- The biggest barrier to better social media engagement for companies surveyed is the lack of resources (54%).
The report seems to indicate that social media is still not being used in a large scale due to a lack of resources as opposed to a lack of desire. This is good news for all the individuals and businesses that offer their services for these techniques.
If you are interested in reading the whole 68-page report, it can be purchased from econsultancy.com.
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