Benefits of Social Media Marketing Graph Social Media Examiner 2012

Social Media Industry Report – 2012

The Social Media Examiner recently published their 4th annual social media marketing industry report. Each year they interview marketers about how they are using social media to grow and promote their businesses.

For the 2012 report, they interviewed over 3,800 marketers to determine:

  • The top 10 social media questions marketers want answered
  • The time commitment
  • The benefits of social media marketing
  • Commonly used social media services
  • Social media sites people want to learn more out
  • How B2B vs. B2C companies use social media
  • How marketers are using other forms of marketing
  • Outsourcing of social media management

Benefits of Social Media Marketing

One section of the report that I found most interesting was the benefits of social media section. The top 5 benefits of social media marketing that marketers have seen are:

  1. Increased exposure
  2. Increased traffic
  3. Provided marketplace insight
  4. Generated leads
  5. Developed loyal fans

Below is a graph from the annual report that shows the percent of marketers who have seen specific benefits from using social media marketing.

Benefits of Social Media Marketing Graph Social Media Examiner 2012

An interesting change from the 2011 to 2012 report is the percent of marketers who said social media marketing helped to improve search rankings. In 2011 62% of the marketers interviewed said that their search rankings improved, but only 55% of the marketers interviewed in this year’s report saw a benefit. I found this change very interesting since I have experienced improvements in search rankings using social media campaigns in the past. After examining the report further, it appears that those who saw improved search rankings were investing more than 10 hours a week in social media, have at least 3 years experience, or are selling to other businesses (B2B companies). There appears to be a direct correlation between the amount of time invested and experience on search ranking. However, industry is a large factor, as only 50% of businesses who sell to consumers saw a significant increase in their search rankings.

Benefits of Social Media Takeaways:

  • B2B companies are more likely to grow business partnerships using social media than B2C companies.
  • Spending 6 hours or more a week on social media shows a significant increase in lead generation.
  • Small business are more likely to see an increase in lead generation than large companies.
  • Those with 3 and more years experience managing social media see a significant increase in all the measured benefits compared to those with less experience.
  • Over a third of all mid-sized and large companies have not seen a reduction in their marketing expenses. This is very interesting, I wonder if social media is seen as an additional marketing effort not a replacement for other marketing at this time.
  • A not surprising find, social media is great for generating site traffic. 74% of marketers saw increases in site traffic when investing minimum 6 hours a week in social media.
  • B2B companies use social media for gaining marketplace insight much more than B2C companies.
  • B2C companies have a much larger increase in their loyal fan base when using social media than B2B companies.
  • There is a direct correlation between amount of time invested in social media and acquiring loyal fans. More Time Invested = Increase in Loyal Fans

Check out the full 2012 Social Media Marketing Industry report on the Social Media Examiner site.

How To Drive Traffic Between Social Media Platforms

A social media strategy involves the collaboration of multiple platforms, using the best features of each platform is necessary to create a successful strategy.

While Twitter should often be used as an “announcements” platform, Facebook can be used to build conversations through sharing more detailed and insight based content.

Example:

You find an interesting article on an industry trend that your would like to share. How you share the content will vary by platform:

  • A tweet would include the article title, a link, and a hashtag.
  • A Facebook post would include the article title/link and 1-2 sentences on what the article is about/why you think the industry trend is important.Pinterest
  • A pin on Pinterest would include the image in the article and a blurb about the article/trend.

Mashable posted a great article on how one platform can be used to drive traffic to another; how to drive traffic from Pinterest to YouTube. Pinterest has become one of the top 5 sites for referring traffic, now tied with Twitter. As we begin to understand the power of Pinterest, and how to use it best (in relation to the other big social media powers) we will learn how to best feature content on each platform.

Check out the Mashable article here:

Need More YouTube Views? Try Pinterest.

How the 10 Most-Followed Brands are Leveraging Pinterest

Photo SearchPinterest is definitely catching the interest of big and influential companies, mostly fashion and media based companies. Including, one of may favorite websites, Mashable!

Magazine companies have seen the advantages of the new image based social media, including Real Simple and Better Homes & Gardens. Both of these magazines benefit from Pinterest because decorating tips are best translated through images. Kate Spade New York is leading the way for fashion brands on Pinterest, with almost 17,000 followers. Instead of waiting to see the newest ad in a magazine, customers can go on Pinterest and peruse all the newest looks.

One company that interests me greatly, it is not a media or fashion company, it is Whole Foods. While it may seem odd that a speciality grocery store has almost 15,000 followers on an image based social media platform, but it makes sense. They have figured out exactly how to portray their brand and company values through images with pictures of gardening, recipes, and food specials.
Via mashable.com

Via Scoop.itBeing Your Brand

Image: Danilo Rizzuti / FreeDigitalPhotos.net