THE SOCIAL MEDIA
REVOLUTION FOR
SMALL BUSINESSES
SMBs around the world look to increase social participation across the board
The biggest change in small-business marketing over
the past five years is the rise of digital media—
and especially the jump in importance of social to
SMB marketing. Consumer-facing firms especially
report benefitting from social efforts, and SMBs around
the world plan to increase efforts on virtually every
social channel.
Digital media have changed life in countless ways over
the past few decades, and small-business owners have felt
the effects as well. Asked in May 2013 by small-business
marketing solutions provider Constant Contact about the
ways doing business had changed in the past five years,
more than a quarter were using more automated business
solutions, and a whopping 84% were using more online
marketing tools.
Overall, the most common marketing tool used by
respondents was email, which was up 34 percentage
points over usage levels five years previously. But social
media marketing had skyrocketed from 10% of small
business to 87% in the same time period, the largest
increase by far for any digital marketing technique.
Social Media Examiner queried small-business marketers
around the world in January about how social media
helped their business: 89% cited increased exposure, 75%
increased traffic and 69% new marketplace insights. While
a relatively small 43% could say social media marketing
had definitely improved sales, a host of other benefits
including reduced marketing expenses, lead generation and
better search rankings were also mentioned.
The survey found the greatest increase in platform use
planned for YouTube and other online videos, followed
closely by Facebook, blogs, LinkedIn and Twitter. Most
small businesses still had no plans to use channels like
podcasts, social bookmarking, geolocation, Q&A sites or
daily deals.
% of respondents
Leading Marketing Tools Used by US Small Businesses
Now vs. Five Years Ago, May 2013
Email marketing
64%
98%
Online directories
21%
36%
Event marketing
20%
44%
Social media marketing
10%
87%
5 years ago
Now
Source: Constant Contact, "Small Business Then and Now," June 17, 2013
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Social Media Examiner also found the social marketing
needs of small businesses varied heavily based on whether
the businesses were consumer-facing or B2B. B2C
respondents said the most important social media tool for
them was Facebook, at 67%. By comparison, just 29%
of B2B small-business marketers chose Facebook, and
an equal number chose LinkedIn. B2Bs were also more
likely than B2Cs to report using LinkedIn, Twitter, blogs,
Google+ and forum sites, while B2Cs were more focused
on Facebook, YouTube and Pinterest.
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% of respondents
Change in the Use of Select Social Media Tools/
Platforms According to SMB Marketers Worldwide,
Jan 2013
Increase
Stay the same
Decrease
No plans to utilize
Note: in the near future; numbers may not add up to 100% due to rounding
Source: Social Media Examiner, "2013 Social Media Marketing Industry
Report," May 21, 2013
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YouTube/video
69% 17% 1%
13%
66%
28% 3%
4%
Blogs
66%
17% 1%
15%
65%
21% 1%
13%
64%
26% 2%
8%
Google+
53%
19% 1%
26%
51%
16% 1%
32%
Photo-sharing sites
38%
16% 1%
46%
Forums
29%
22% 1%
47%
Podcasts
24%
12% 1%
63%
Social bookmarking
17%
17% 1%
65%
Geo-location
16%
18%
2%
65%
Q&A sites
14%
11% 1%
74%
Daily deals
7%
11%
2%
80%
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