Friday, May 6, 2011

Nuggets from Social Media Summit


Cisco hosted a two day conference in partnership with Ragan Communications. Here’s some interesting nuggets.

  • 57% of B2B companies acquire customers through corporate blog and 67% through Facebook.
  • 70% of customers using social media to connect with friends and families. 23% connect with brands.
  • Who owns Social Media? Public owns it and businesses must just engage.
  • What brands think their customers want from Social Media and what customers actually want are very different.
  • Messages to businesses on using Social Media – If you don’t lead others will and you won’t be in control.
  • 54% of companies still block Facebook because they see no business value.
  • Social Media is not just Facebook and Twitter. It is your blog, video site, product reviews and anything where people talk about you.
  • 34% of Americans have used Social Media to rant or rave about a company, brand or product.
  • Facebook fans are 28% more likely to continue using a product than non-fans.


Flickr photoshttp://bit.ly/iwjRM5
Twitter tag#ragancisco
Books recommended
Facebook Era by Clara Shih C

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