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Michael Stelzner at the WhitePaperSource has produced a pretty in depth report on the social media marketing
industry. The industry now has enough years on it that this research is becoming more valuable to help make sense of this fast growing and often unwieldy area of the marketing mix.
The report is based on interviews of over 900 social media users of varying degrees. The findings are interesting in some areas and not so surprising in others. Some highlights include:
As it is with all research it is important to see how it measures up to your particular situation. These are interesting bits of data and can be convincing to the many new users that are currently just feeling their way around. It’s probably fair to say that almost everyone is feeling their way around social media though because the rules are being written and rewritten even as you read this.
Any advice for social media success?
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Ian Garlic Says:
March 25th, 2009 at 7:48 am
I ve noticed more and more people getting away from the discussion AND getting away from a message besides “Earn $27,000″ tomorrow. The great things about social media is that properly implemented, you do not need tricks, you (AKA your business) only need to know who you are and strive to learn who your clientele are. The answer to both of those questions needs to be as narrow as possible at first.
I believe if you keep in touch with the major trends and try to innovate along those lines, marketers and businesses will succeed in this burgeoning industry.
Angela Neilman-Smith Says:
March 25th, 2009 at 9:53 am
This actually pretty good information. I sort of had a feeling that this is how it was, but still surprised to find that it’s true. Thanks for the summary – I never would have read the white paper!
Christine Sierra Says:
March 25th, 2009 at 10:04 am
Nice recap. It has been interesting lately with discussions of whether Social Media is even an “industry”. I believe that just like other business channels, success is measured by how effectively you see the results your company needs in order to justify the practice.
It didn’t seem too long ago that most business marketing was done over the phone or through the post office, and then this funny phenomenon called “email” caught on and the phone was never heard from again. And we have all seen the effect email has had on direct marketing. All good things take time, you just don’t want to wait too long to get on board.
Justin Brooke Says:
March 28th, 2009 at 5:26 am
This goes to show that social media is important and that the wise publisher should know how to take advantage of social media.
Roberto Says:
March 28th, 2009 at 7:47 am
This is the proof that “social” adv is replacing “pure” adv
Roberto’s last blog post..First post on qmpeople blog. You’re welcome
Social media virtual book club « Life is what you make it Says:
March 28th, 2009 at 1:40 pm
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