10 Benefits of Social Media for your Startup

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Benefits of Social Media for your Startup

There are the 10 benefits of social media for your startup :-

  1. Increase in Exposure – 85% of marketers noted gains in business exposure due to Social Media.
  2. Increase in Traffic – Traffic increase in the 2nd most important benefit gained. 76% reporting positive results.
  3. Brand Recognition – By using consistent effort on Social Media, a company can build a reputation for its brand around your company’s values, benefits, and advantages.
  4. Lead Generation – 58% of marketers using social media marketing platform enjoyed an increase in Lead Generation. 65% of small business owners were more likely than others to generate leads.
  5. Improved Search Rankings – 55% of marketers on social media experienced improvement in search rankings. The more the time invested on social media the better because the rankings.
  6. Marketplace Insights – 65% of marketers use social media as a marketplace intelligence booster, Those spending 6-10 hrs/week were most likely to gain market insights, while 73% spending 11 hrs/week also saw gains.
  7. Growth of Business Partnership – Companies spending the most time on Social Media Marketing endeavors were found to gain the most Business Partnership. 52% grew Business Partnership in this way.
  8. Improved Sales – A significant 45% have indicated increase in sales. 53% of small businesses with 2 or more people experienced sales increase. But it has to be kept in mind that it takes time to reap the benefits. 50% of the marketers who experienced sales increase has used social media marketing for at least 3 years.
  9. Reduced Marketing Costs – Marketing expense reduction was experienced by 46% of businesses.
  10. More Loyal fans – 73% of B2C marketers are more likely to develop loyal fan base through social media than B2B marketers (58%).

Also Read – Twitter 280 characters limit – Giving you more characters to express yourself

3 COMMENTS

  1. Hi Abhinandan Kumar,

    I saw you tweeting about technology and I thought I’d check out your website. I really like it. Looks like Abhinandan Kumar has come a long way!

    Building a mailing list like you are is so important too, I think people would really like to be signed up to what you have to share.

    Good job on the social buttons, social media is so powerful these days

    Good job with the Yoast plugin SEO is so important these days.

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