Monday, December 15, 2008

More Companies are Dabbling in Social Media

David Ranii at emphasizes the growing popularity of social media marketing. He points out that social-media marketing is spreading as companies including SAS, Red Hat, Blue Cross and others recognize the benefits of blogs, online video and social-networking sites such as YouTube, Facebook, Twitter and more.

Ranii says, "According to Forrester Research, the number of social-media "spectators" -- people who read or watch social media -- has increased from 48 percent last year to 69 percent of people who venture online."

Personally, I feel more companies will engage in social media marketing in 2009. Marketers will have to find better ways to measure the impact that social media expenditures have on sales given the current state of the economy.

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