Marketing Factoids

  • Only 16 percent of consumers trust what they read on blogs source ›
  • 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 ›
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NOV 2007

Grow More Comfortable with Web 2.0 Tools

KenRadio, November 14, 2007 — More than 36% of Web users “highly trust” the information they receive from friends and acquaintances in their online social networks, according to a new social internet survey by Faves.com. The number jumps to 90% when including those that “moderately trust” their social network contacts. In contrast, just 4% highly trust content/opinions from vendors or advertisers, 4% highly trust comments on blogs or forums, and 3% highly trust news communities such as Digg or Reddit. The same survey found that 34% of respondents visit a social-networking site at least weekly.

Tag: web 2.0

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