Social Media Facts

  • Americans now spend as much time on the internet as they do on TV.
  • 93% of Americans believe a company should have a presence in social media.
  • 90% of people trust the recommendations of consumer online opinions. (But only 14% trust advertisements)
  • Facebook builds customers!  51% of brand followers will purchase that specific brand.
  • Twitter builds even more customers! 67% of brand followers will purchase that specific brand.
  • 38% of businesses plan to increase their social media budget in 2011.
  • 16% of businesses plan to use social media for the first time!

 

*Cone Business in Social Media Study, Forrester Research, Neilson Trust in Advertising Report, Inside Facebook.