30 Jun 2013

Social media pays off for small, midsize businesses, study says

Author: ballsejoebe | Filed under: About

Small and medium enterprises (SMEs) that use social media are 56 percent more likely to increase their revenue, according to a recent report by research analysts at several organizations. Around 28 percent of SMEs that were using social media promotions reported a revenue increase, compared to 18 percent of all businesses, according to the MYOB Business Monitor, released by the market research firm MYOB. A recent report by Deloitte Access Economies , Connected Small Businesses , also recently found small businesses that actively use digital technologies such as social media and online marketing could see an average annual revenue increase of $350,000 a year

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Social media pays off for small, midsize businesses, study says

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