More Small Businesses Finding Customers on Social Sites

Posted on July 16, 2010

While many marketers struggle with how to measure social media marketing return on investment, some businesses are finding at least one hard metric where their efforts have paid off—customer acquisition.

According to a February–March 2010 survey from office services firm Regus, smaller companies see the most success, with nearly half of small businesses around the world having acquired a customer through social networks. Large companies were less successful, but more than a quarter had seen social success through customer acquisition. This was despite large companies being more likely to devote budgets to social marketing.

Successful Use of Business Social Networks for Customer Acquisition, by Company Size, Mar 2010 (% of companies worldwide)

Interesting statistic that show more small businesses are reporting increased customer acquisition through their social networking activity.

Posted via email from Mandala Life Media

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