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 ›
  • more factoids ›
AUG 2008

Social Networks Get Down to Business

Think of them as digital water coolers—surrounded by thousands of workers engaged in serious business conversations.

eMarketer, August 18, 2008 — Do business and socializing mix?

Apparently so. As the number of business users of social networks continues to increase, advertising expenditures will rise, too. In the US this year, advertisers will spend $40 million to reach a business audience on online social networks, and that is just the beginning. According to eMarketer projections, that ad spending will reach $210 million in 2012.

Category: New Media Marketing
Tags: B2B, Social Networking

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