70 percent of small businesses using social networks for promotion
Social Networking Trends Add commentsMore and more businesses are taking their messages and products to the Internet via social networking websites that allows people to say what they need. Social media enthusiast believe its a new way to spread word of mouth and its easier and quicker to communicate. Social networking site allows users to upload and share information Networkers also use the social networks to let customers try products, remind them of current offerings and give followers special deals like free food.
A study from Access Markets International reports nearly 70 percent of small businesses in western countries use social media. The trend is not far when even developing countries like India will catch up with the trend. Although the usage of social media among Indian users has grown phenomenally over the past 12 months, but there is heaps of potential to go further.
According to a recent study by Edison Research, 51 percent of active users follow companies, brands or products on social networks. Companies also are using social networks to send coupons and specials to customers. The engagement of the consumers through social networks is quick and responsive. It attempts to break the schakles of how traditional media works. The future for brands, corporations and small companies is definitely social media especially when it delivers results in cost-effective and quick way. The only thing that needs to be addressed is an investment in time as no profits are reaped with immediate effect.
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