How are your competitors doing in social media marketing?
Social Media is here to stay.
“Since the emergence of the social media networks decades ago, social media has continued to evolve. It offers consumers around the world newfangled and connected ways to engage with the people that matter to them. Now, years later, social media is still growing rapidly, becoming an integral part of our daily lives.” ~ Nielsen
Social media now takes up the majority of people’s media consumption. It’s undeniable that we are shifting into a new era of social.
“However, sometimes we need some compelling numbers to hinge on when speaking with others who might still be struggling to understand how to integrate social media into their overall marketing mix.” ~ HubSpot
Even if you are a veteran social media marketer, these stats will still give you some clues of the possibilities that the social media offers.
Let’s dig in and find out what’s the most interesting social media stats out there:
Amazing Social Media Marketing Statistics Every Marketer Should Know
Social Media Traffic
The “Provide and Pray” approach to social collaboration sees about a 10% success rate. Without a well-crafted and compelling purpose, most social media initiatives will fail to deliver business value. (Garner) Tweet This Stat!
Social Commerce and Customer Service
Almost half of online customers expect brands to provide customer service on Facebook, but only 23% provide it. Interestingly, much less people (only 17%) expect great customer service from Twitter. (emarketer) Tweet This Stat!
Social Media Ads
Twitter ad revenue to near $1 billion in 2014. According to the new forecast, more than half of Twitter’s ad revenues—about 53%—will come from mobile advertising this year, up from virtually no ad revenue from mobile in 2011.(eMarketer) Tweet This Stat!
Nearly half (45%) of advertisers say they use paid social media advertising for branding, such as raising awareness and influencing brand opinions. Just 16 percent say their efforts are primarily direct response-related, including driving product trails and site visits. (Nielsen) Tweet This Stat!
Before long, let’s take a closer look at this infographic uses data from the Pew Research Center to show what are the demographics for social media from many perspectives, including age, gender, race, household income, and more. It’s all vital information that marketers can use to target their social media audiences wisely.
What is your favorite social media related statistic? Have you come across any interesting social media stats that we have missed? Please give them a shout in the comments section below.