How critical is your social media strategy to the future success of your company? Social media is everywhere and is an intricate part of millions of people’s lives every day. The most successful companies are leveraging social media to build brand awareness, drive traffic and make conversions. Some recently compiled data by Vendasta, indicates just how influential social media has become and why you need to be out there. The following is taken directly from that report:
- There are 2.46 billion active users on social media (Statista)
- 2.7 billion people are active mobile social users (Statista)
- 78% of users use their smartphone for social media (Global Web Index)
- 94% of digital consumers aged 16-64 have an account on at least one social platform, and 98% have been active in the last month (Adestra)
- 23% of consumers aged 16-34 say that seeing a brand/product is “liked” on social media is a purchase driver (Global Web Index)
- Consumers aged 18-32 say social commerce is the most powerful purchase influencer for them (Global Web Index)
- Almost 40% of users follow their favorite brands on social media (Global Web Index)
- Companies agree that creating compelling content for social media is both the most effective (82%), and most difficult (69%) part of social media marketing tactics (Ascend2)
- 49% of marketers say that social media is the most effective channel to include in their digital marketing plan (Ascend2)
- 44% of local businesses said they depend on social media to generate brand awareness, and 41% depend on it to drive revenue (eMarketer)
- Almost 90% of marketers say their social marketing efforts have increased exposure for their business, and 75% say they’ve increased traffic (Social Media Examiner)
- 41% of marketers say that 10%-25% of their website traffic comes from social media campaigns (Regalix)
- More than 50% of marketers who have been implementing social media marketing tactics for two years have reported improved sales (Social Media Examiner)
- 40% of consumers have purchased an item online after seeing it used on Instagram, Twitter, Vine or YouTube (Simply Measured)
-Written by Kevin Sawyer
