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5 Social Media Stats and Anecdotes

30-Social-Media-Statistics-Anecdotes

Adam Schoenfeld, CEO at 20 Decibels (Cheddr Media Inc.), assembled this terrific list of social media statistics and anecdotes.

The presentation included highlights from numerous reports and studies that demonstrate the rapid adoption of social media for marketing and outreach, including spending projections, penetration estimates, survey data, and specific examples covering all types of businesses.

  1. Social media spending is expected to increase from £463 million in 2008 to £2.1 billion in 2014, a 34% compound annual growth rate (CAGR)
  2. Over 40% of people have “friended” a brand on Facebook or MySpace
  3. 20% of tweets are about products such as invitations for product information, answers or responses from peers, or directly communication by brand representatives
  4. 58% of people said if they tweet about a bad experience, they would like the company to respond to their comment
  5. Facebook’s estimated valuation is upwards of £ 6.5 billion

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Here are another 20 amazing Social Media facts.....

http://econsultancy.com/blog/5324-20+-mind-blowing...