December 12, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Marketing News

 

Social Media To Be A Significant Player In Small Business Promotional Campaigns

Written by Ken Gaebler
Published: 5/26/2011

Facebook is being used more often by small business owners for promotion in 2011 than it was in 2010.

The 2010-2011 U.S. Small Business Marketing Activity and Spending Study conducted by Access Markets International revealed positive marketing trends in small business news.

Social Media in Small Business Promotion

The study found an increased number of smaller firms are investing in advertising and promotional activities, and overall spending is expected to grow by 4 percent in 2011 - an improvement over the stagnant, hesitant nature of small businesses during 2010.

Social media marketing is predicted to be the most prominent method of advertising in 2011, with an estimated growth rate of 35 percent.

"In 2010, we saw a significant drop in the number of small businesses actively investing in any marketing activities," says Jacqueline Atkinson, research manager at AMI New York. "Boosted confidence in the economy is leading many firms to return to advertising and promotional tactics and experiment with new channels, such as online digital media."

Supporting these findings is another recent study conducted by Webs, called the Small Business Social Media Survey. A reported 1,132 small businesses owners were quieried, and more than 77 percent said they plan to increase the portion of their marketing budget they spend on social media in 2011. 

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our Entrepreneur News

If you enjoyed this article, you can find plenty more like it on our site. We cover important news stories for entrepreneurs. In addition to breaking news for entrepreneurs, we also have tons of useful articles that cover common small business challenges like writing a business plan, preparing a marketing plan, getting publicity and much more.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors