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 ›
NOV 2008

Reaching Consumers at Work Could Be Next Great Frontier†

New Study Says 93% of Americans Consult Colleagues Before Buying

Advertising Age, November 3, 2008 — Before they make a purchase, 93% of Americans consult their co-workers for advice, according to a new study from Big Research on socializing in the workplace.

The study from the independent consumer-research firm was conducted via WorkPlace Media's "proprietary permission-based network" of over 920,000 U.S. companies across a variety of industries. WorkPlace is a media company that helps brands reach consumers at work.

Category: Marketing Strategy
Tag: word-of-mouth marketing

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