Tag: social media marketing research

Social media marketing is seen as important by female business owners

However, a study shows that there are more people who value it than are actually using it.

Recent research is indicating that female business owners are feeling quite optimistic, overall, about the way that their companies will be performing over the upcoming year, and that many of them feel that social media marketing could play a notable role in helping to enhance outcomes.

That said, a surprising number of women business owners are not using this technique, despite the value they assign it.

The research from the National Association of Women Business Owners and Web.com Group, Inc., showed that 89 percent of women feel that their business performance will be positive throughout this year. This is an increase of 8 percent over the figures that were registered last year when women business owners were asked the same question. Among those who participated in the survey, most said that social media marketing was important for building relationships with customers.

In fact, 85 percent of women business owners felt that social media marketing was important for this purpose.

However, at the same time that this vast majority expressed that they felt this way, only 67 percent of this same group said that they were currently using one of the social networks in order to connect with customers. At the same time, only slightly over half felt strong enough in their ability to build a presence over social media in order to achieve this goal. When all was said and done, only about one in every four female business owners are posting comments at least one time per day.Social Media Marketing - Business Woman

Among those that were posting over social media, the preferred site was also surprising. Although Facebook is by far the largest social network and it receives the highest amount of traffic, it was still used by only 21 percent of the respondents. LinkedIn had the top spot at 25 percent. This could suggest either that women prefer the latter network or it could also indicate that many of the survey participants were marketing business to business – for which LinkedIn would be the top choice.

This year could be a defining one for social media marketing, as the perception of its value continues to rise, but at a greater rate than its adoption among this demographic.

Social media marketing outperforms display ads

As the environment continues to mature and grow it is pushing other techniques aside.

Recent analyses and reports are showing that social media marketing is not only greatly expanding in its use and effectiveness, but it appears to be achieving its goals at the expense of display advertising.

Using social networks is proving to be much more appealing to consumers who are growing weary of other ad forms.

Recent research by IZEA, a social sponsorship startup, has revealed that after having surveyed 10,000 brand marketers, social influencers, and social media consultants, approximately one in three marketers are equally weary of display ads as has been seen from the side of consumers. On the other hand, social media marketing appears to be continuing to expand and mature on every level.

The social media marketing study revealed that actions in this area are improving in every direction.

Social Media Marketing StudyFor example, the use of sponsored photos has increased to 33 percent in 2013 after having been only 24 percent at the same time last year. Moreover, 29 percent of marketers said that they had been using Pinterest’s sponsored pins opportunity, said the report.

IZEA also pointed out that when comparing the revenue generated by sponsored images with that of display ads, it is the sponsorships that bring in more money according to 55.7 percent of the participants in their study.

At the same time, though, the rise of promotions and advertising in social networks has led to a notably greater demand from influencers. In fact, these individuals who are highly connected should now increasingly expect to receive brand compensation for making mention of the products or services that they are selling, said the report. Twenty six percent of influencers have said that the amount of time that they spent in the maintenance of their social presence can now be compared to the hours that they would apply to full time employment.

Equally, though, social media marketing remains a confusing environment, as a considerable percentage of influencers have not yet completely mastered the best practices for compensation disclosure, as the FTC now requires that this must occur when a substantial reward is traded for the creation of content.