New State of Social Media Marketing Report From Awareness, Inc. Identifies Top Trends and Challenges Facing Marketers
BURLINGTON, MA--(Marketwire - Sep 13, 2012) - Awareness, Inc., provider of on-demand social marketing automation software, today announced results of its State of Social Media Marketing Survey, available in the report 'The State of Social Marketing Report: 7 Major Findings & In-Depth Analysis'.
The survey, which Awareness conducts bi-annually, was administered in July 2012 and received responses from 450 marketers from a cross-section of industries, company sizes and levels of social marketing experience. Survey respondents represented executive and senior management roles (45%), mid-level management (28%) and marketing support roles (15%). Content areas covered in the report include:
"Our State of Social Media Marketing report reveals that brands struggle to measure ROI, despite the volume of marketers with social media presence and experience," offered Brian Zanghi, CEO of Awareness, Inc. "Brands remain ill-equipped to tie their social marketing initiatives to business results. However, companies experienced in social marketing are applying new technologies to identify and segment prospects and buyers, such as social CRM and social marketing automation to drive business value."
Survey Findings
Overall, the report revealed that marketers have yet to tap into the full potential of social. Few are using key enabling technologies such as social CRM, which when adopted more widely, will be used to integrate social prospect and customer data with traditional sales and marketing data, providing a layer of insights that will help marketers be more effective and efficient in the social age. Only 16% of marketers who responded to the survey are currently using a social CRM, although an additional 21% plan to by this year's end. Socially mature brands are adopting Social CRMs faster -- brands with a social marketing budget of over $100,000 have a social CRM adoption rate of 44%, with an additional 26% who plan to use such a system by the end of 2012.
While 68% of marketers state they are interested in further expanding their social footprint, followed by an interest in publishing content more frequently, a full 50% see the need for tighter integration between social and the rest of marketing and 35% want better integration between marketing and the rest of the business. This metric points to a maturation of social marketing, as integration of social data with other marketing disciplines creates a more complete customer picture.
Savvy marketers are interested in measuring their effectiveness, by measuring ROI, brand effectiveness, and customer engagement. To measure revenue generation, marketers look to:
In addition to these key findings, the State of Social Media Marketing Report identifies top-level trends including the leading challenges faced by marketers, cited as proper ROI measurement (58%) and managing and growing social media presence (44%). More mature organizations cite their top challenges as measuring ROI (64%), full integration with the rest of marketing (41%) and integration specifically with lead generation and sales (32%).
"We expect leading social marketers to apply new frameworks and strategies to measure social ROI, including a growth in social prospecting and social scoring to turn the broader social web into a lead generation pipeline," says Zanghi.
The State of Social Marketing Report: 7 Major Findings & In-Depth Analysis is available for download here.
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