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More than 50% of all small businesses derive benefit from Facebook

By now, it’s understood that social media networking and marketing are invaluable to business. It seems this may be particularly true for small businesses, who are now turning more of their resources toward online and social media marketing.According to a recent study conducted by eMarketer, more than half of all small businesses (55%) consider Facebook beneficial to their business. Other social media sites that were ranked as moderately or highly beneficial include Twitter, YouTube and LinkedIn. If you are a small businesses owner who has not yet ventured far into the world of social media, you may wonder, “Why do they consider these sites important?”

First and foremost? Businesses look to social media marketing to generate leads. Almost 60% of the small businesses surveyed said that “Lead Generation” was positively affected by social media marketing. Another top-rated and highly important benefit is keeping up with the industry. Any small business owner will tell you that it’s hard to compete when you’re not sure what the competition is up to.

Other reasons to take your business online and into the social media market include opportunities to improve your customer’s experience, ability to monitor what others are saying about your business and maintaining overall competitive intelligence. The information you can gather and monitor through social media networks will allow you to stay fluid, competitive and relevant to your market.

More information on our Facebook business pages.

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