Social Media Blog: Alterian Study Found Businesses Looking to Invest More in Social Media Marketing in 2010

Alterian company's 7th annual survey in which 1,068 marketing professionals around the world were surveyed, found that two-thirds are planning a social media marketing investment within the next 12 months.

Over 67% of those surveyed identified Social Media as either "critical to success" or "increasingly important" and about  40% said they would spend about 1/5th of their traditional direct marketing budget for social media activities.

This makes a lot of sense right?

Social media provides direct, instant, global access to hundreds of thousands of people. So it makes me wonder when I hear people tell me that they are still relying on the yellow pages for their leads or when people give me "we're a local company" as their reason for not engaging in social networks.

Come on folks. Lets get real here.. Social media marketing is not just important to the viability and long-term success of your company, it is becoming IMPERATIVE.

Stay in front of your customers and prospects and remain in business or else……(you fill in the blanks).

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