Tuesday, April 03, 2012

New research report sheds light on social media marketing

Michael Stelzner, founder of Social Media Examiner, has launched the 2012 Social Media Marketing Industry Report and what's more he is encouraging its distribution throughout the marketing world.

Available as a 42 page PDF report the research, to which we made our own modest contribution, is based on the collective input from 3,800 marketers, so represents a bang up to date insight into what is happening with social media as a marketing tool right now.

So lets take a quick look at the major findings.

  • A significant 83% of marketers indicate that social media is important for their business.
  • A big issue for some 40% is the wish to master how to measure the return on investment (ROI) of social media and find customers and prospects.
  • Video marketing and YouTube figure at top spot for increased investment in 2012 as rated by 76% of marketers.
  • And Google+ is attracting interest which only 40% currently use, with 70% wanting to learn more and 67% planning on increasing Google+ activities.
  • The top 3 benefits of social media are:-
    • generating more business exposure - 85%
    • increasing traffic - 69%
    • providing market place insight - 65%
  • The top 5 social media networks and marketing tools, in order are:-
    • Facebook
    • Twitter
    • Linkedin
    • blogs
    • YouTube
  • But social media is recognised as taking a lot of time - 59% spend 6 hours or more each week on social media and 33% invest 11 hours or more. That's over a quarter of a nominal 40 hour week!
  • Perhaps in view of this time commitment we might expect more than the 30% who do to outsource this work.
The full report is packed with interesting questions about social media and numerous charts mapping the current state of play.

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