Many small businesses have already experienced the benefits of social media and have started actively engaging with current and potential customers. A new research by VerticalResponse discovered that there's been an increase in investment and efforts in social media marketing by smaller organisations, however they still struggle with the workload and the lack of time.
VerticalResponse conducted a survey with almost 500 small-business owners to find out how much money and time they spend on social media. Here's what they found:
- 43% of small businesses spend 6 or more hours weekly on social media, 7% spend more than 21 hours a week.
- 66% of surveyed businesses are spending more time on social media this year in comparison to 2011.
- 90% of small companies are on Facebook, 70% on Twitter and 50% on LinkedIn.
- 55% of small businesses have a blog with 43% publishing a blog post at least once a week.
- 1/3 of CEOs/owners want to spend less time on social media and focus on growing their business instead.
- 1/3 of small companies post on social networks every day; 32% post on Facebook at least once a day and 29% tweet at least once daily.
- Finding and posting content is the most time-consuming activity.
- Small businesses are spending more on social media at a faster rate than the overall marketing budget – 22% have increased their social media spending compared to a year ago.
- To publish and analyse their activities 36% of small businesses pay for such services with 57.5% spending $26 a month for it.
The four main conclusions after analysing all data were:






