Social Media in Marketing

Social Media in Marketing

by HISCEC Staff February 6, 2010 - 4:24 pm
Those who are tapping into the marketing potential of social-media applications claim increased brand awareness, enriched relationships with clients and prospects, additional press coverage, increased event attendance, increased booth traffic, and even increased sales as direct results of their campaigns.

The following statistics and analysis represent some of the highlights culled from the 2010 Social Media in Marketing Survey. The following chart ranks the five most popula social-media applications used in exhibit marketing, event marketing and general marketing:

Exhibit Marketing

1. Social-Networking Sites
2. Professional-Networking Sites
3. Microblogs
4. Blogs/ Microsites
5. video-Sharing Sites

Event Marketing

1. Social-Networking Sites
2. Blogs/ Microsites
3. Microblogs
4. Professional-Networking Sites
5. Video-Sharing Sites

General Marketing

1. Social-Networking Sites
2. Professional-Networking Sites
3. Blogs/ Microsites
4. Microblogs
5. video-Sharing sites

Hours per week that the participants dedicated to strategizing, executing, and monitoring their social-media presence:

49% 1-5 hours
18% Less than 1 hour
13% 6-10 hours
11% 11-20 hours
4% 31-40 hours
3% 21-30 hours
2% More than 40 hours

Perspective of the participants in regards to the value and importance of social media as a marketing tool in 2010:

46% - Increasing somewhat
30% - Increasing strongly
13% - Remaining consistent
8% - Don't know
3% - Decreasing

Reasons why participant's companies have never used social media as part of their marketing efforts:

22% - Lack of time to dedicate to social media
20% - Lack of knowledge on social media
11% - Inability to control branding/ messaging
10% - Target market is not interested in social media
8% -  Inadequate internal IT resources
6% - Prohibited by corporate policy
6% - Not sure
5% - Lack of financial resources
4% - Don't believe it is worth the investment
4% - External regulatory issues
4% - Other

The overall results showed more advantages than disadvantages when it came to integrating a social media strategy as part of the marketing plan. For more information on the survey results and methodology, visit www.exhibitorweblinks.com.


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