Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
  • more factoids ›
OCT 2007

Is Twitter a Valuable Tool, or Waste of Time?

Marketing Profs, October 30, 2007 — Is microblogging the latest fad or the next big thing? Microblogging is just like regular blogging, except it's limited to 140 characters. The leader in the space is Twitter. According to a recent blog post by Peter Kim, Twitter is now used by 6% of American online adults. That sounds about right to me, although Twitter power user Robert Scoble thinks the figure is "way too high." But if you want to reach an affluent, well-educated, early adopter audience, there might not be a better communication channel out there.

Category: New Media Marketing
Tags: Twitter, Blogs

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