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Mon, Sep 28 2009

Business and Social Media

After a couple of journeys this week during which I was sat opposite people who banned any social media interaction in their companies…I was surprised to see emarketer reporting that 86% of people surveyed are using social media within their business.

How they are using is interesting

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I found this chart interesting because I would have expected marketing to be higher, internal collaboration slightly lower and customer service again higher. I see social media in the future having a growing importance internal and especially externally customer service wise. I see social media much more suited to conversations rather than messaging…which means in the long run, the tools will create more value from a customer service front rather than a selling front.

In terms of how social media is used

businesssocialmedia2

Again I am surprised the integration is not higher as that makes sense, even if you use applications or social media sites as your main conversation hubs. However more worringly and possibly why there remains cynicism such as I faced this week, is the following graph

businesssocialmedia3

Now to me this is stupid! Never has it been easier to measure the success of your goals – and yet only 16% of people are measuring which actions work.

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Comments

  1. By Al Williams

    I couldn’t agree more with your apparrent disgust in the lack of ROI measurement! It is really not that difficult. If you are measuring sales in store it is not unreasonable to use a voucher code or direct response tactic. If you are measuring website sales then analytics CAN be used to measure response to a specific social media campaign then track the visitor journey all the way to the ‘thank you page’.

    No excuses!

  2. By Greg Smith

    proper social networking is vital for the success of a business. Many companies do not utilize the ability to educate their audience about the produects and services they provide. I recently joined thebizsociety.com for free advertising and the ability to interact with consumers. I was also able to join a networking group and expand my business through referrals and word of mouth marketing. Hope this was beneficial for you.