Tuesday, June 22, 2010

B2B Social Media Marketing Spends to Increase

Posted by: Erin Wilson, Marketing Coordinator

Although social media is an extremely popular marketing tool for B2C companies, many B2B companies have been hesitant to jump on board. Recently, however, more and more B2B companies are adding social media tactics to their marketing plans. In fact, spending forecasts predict that they will continue to increase their marketing budgets to include social media.

Some B2B companies may still doubt the efficacy of social media, but a recent study featured in eMarketer found that “at least once a week, 33% of active Twitter users share opinions about companies or products, while 32% make recommendations and 30% ask for them.”  In other words, companies are being talked about whether or not they have a social media presence.  By joining and guiding the conversation, B2B companies can more effectively position their brands and generate leads.

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