Entrepreneurs Need to Pay Attention to Social Media
Tuesday November 17th 2009, 11:44 am
Filed under: Entrepreneuring

Amy Porterfield of Social Media Examiner shares important news on what is happening in the world of social media. Here are a few of the major recent findings:

By 2010, 26 Million (1 in 7) U.S. adults will use Twitter monthly. Studies have shown that in 2009, Twitter will be accessed by 18 million U.S. adults on a monthly basis (which is a 200% increase over 2008). It will continue to grow an estimated 44% in 2010.

In September 2009, Facebook officially hit 300 million users, making the social networking site nearly as large as the U.S. population.

Americans spend 17% of online time on Social Media sites. Americans are now spending a lot more time on social networking sites as social media platforms continue to grow. There has been a 6% increase in time spent at social networking sites.

Advertisers are paying attention to this trend as online ad spending increased by 119% to $108 million in August 2009.

Check out the full article here: http://www.socialmediaexaminer.com/5-must-read-social-media-marketing-studies/


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