69% of Companies Focus on Twitter

Tuesday, March 2, 2010

Posted by Reshma

What struck me the most is that 61% of companies feel their measurement of the return on investment (ROI) from social media is either poor, or very poor. It could well be that these companies are looking for ROI in the wrong places.

Sixty nine percent of those surveyed said that Twitter is their most used social media channel–beating out other social media options such as a company blog, social networking, and video. It’s a staggering number, when you consider that Twitter is still in its infancy and arguably lacks any robust tools that businesses can use to their advantage. This high percentage of use suggests that companies are looking for the "easy" option, when it comes to social media. After all, it takes less than a minute to set up a Twitter account, whereas a corporate blog could take days–or weeks!

You could argue that more companies would find satisfaction in their ability to measure the ROI of social media, if they turned their expectations from direct traffic and instead focused on the improvements they are making towards the sentiment of their brand.