SMB's Use of Social Media Difficult to Measure
Recent news coverage suggests that a growing number of small and medium-sized businesses (SMBs) are flocking to sites such as Facebook and MySpace to market their products and services. But how profitable they find these networks - and the actual number of firms actually embracing social media - is still up for discussion.
Unfortunately, two recent studies on SMB adoption of social media marketing do little to clear up this confusion.
A recent online survey by Internet2Go and MerchantCircle assessed small business marketing practices among members of the MerchantCircle member base. It found that out of 2,500 responses, 45.2% say they have a Facebook page for their business and 46% have a presence on Twitter - in the form of either a business or personal account or both.
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