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‘What Does Social Media Success Mean to Your Business?’ Show

Conquering social media is a vital component of 21st century businesses, whether small or large. Social media success to connect with clients, customers or interested advertisers/developers is hugely important to not just sustaining a business, but growing it. Yet, as this infographic illustrates, almost half of participants do not use any form of social media to get their product, service or message out there where interested parties actually have a chance of jumping on the opportunity.

The main method of social media that is currently being utilized by businesses is Facebook. Almost everyone’s on Facebook and it’s a great place to spread information, but it is more personal along the scale of social networking sites. Even better for networking and businesses are Twitter and LinkedIn, where respondents indicated their use at 4% and 15%, respectively.

Currently, social media and all the opportunities businesses are missing are being treated as a second thought. But in the coming years, what is going to define the longevity of business success will be how they are able to capture the market -- a key aspect being the web-based population. Vital to this is social media success.
Trend Themes
1. Increasing Social Media Utilization - There is a growing trend of businesses recognizing the importance of using social media to connect with their target audience and maximize their opportunities for growth.
2. Diversification of Social Media Platforms - As businesses realize the limitations of relying solely on Facebook, there is an emerging trend of utilizing other social media platforms like Twitter and LinkedIn to expand their online presence and reach a larger audience.
3. Elevating Social Media to a Strategic Priority - Businesses are starting to understand that social media success is no longer an afterthought, but a critical factor for long-term success in capturing the market and engaging the web-based population.
Industry Implications
1. Digital Marketing - Digital marketing agencies can capitalize on the increasing demand for social media utilization by offering comprehensive social media strategy and management services to businesses.
2. Technology - Tech companies can seize the opportunity to develop innovative tools and technologies that enhance social media engagement and allow businesses to effectively communicate and connect with their target audience.
3. Consulting - Consulting firms specializing in social media can help businesses elevate social media to a strategic priority by providing expert guidance and support in developing effective social media strategies and campaigns.

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