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social media sites

eMarketer shared an interesting piece of research from the University of Maryland’s business school this week.

small bus social media use.pngThe survey looked at the use of social media tactics by small business.

The key takeaway: Small businesses are rapidly adopting social media. 75% have created a company presence on sites like Facebook and 69% say that they actively post status updates and articles of interest on those sites.

Twitter was used by about one quarter of the respondents, while almost 40% say that they blog.

This is an explosion of activity from the SMB sector. It makes sense: social media tools are easy to use and internet users are spending more time on social media sites than any other venue. The SMB social media adopters are just following their customers.

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Brian Solis took the time last week to dig into some of the trends and the demographics at top social media sites.  He was struck by the rapid growth at Facebook and Twitter over the past year, and wanted to get a better feel for what was characteristic of the users driving the changes in the market.

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The change at MySpace was offset by strong, although deteriorating fundamentals in user engagement.

According to the report, U.S. visits to all social networks was up by 62 percent from September 2008 to 2009. Except of course, at Myspace and myYearbook. From 2008 to 2009 each experienced a significant erosion in visits by -55 percent and -40 percent respectively. The good news for MySpace however, is that the network topped the charts for average time spent in the network. And, as engagement is a key metric for social media, this data is critical to the future of MySpace engineering, innovation, and the ecosystem it creates moving forward. But, that engagement level is slipping, as it reflects a 12 percent loss of attention year-over-year.

This is a very interesting analysis that goes beyond the basic topline numbers we see reported each month. You can see the entire post here: http://www.briansolis.com/2009/10/the-great-social-divide-twitter-facebook-traffic-surges-myspace-fades/

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An Inman post sparks a galvanizing discussion about how to use social media

April 10, 2009

A claim that social media doesn’t sell houses from a Agent with WebCred sparks a lively discussion.

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The Facebook traffic effect: Creating a search schism and a content opportunity?

March 18, 2009

A few thoughts on the implications of Facebook referral traffic for Google.

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From Netscape to Google to Twitter….Really?

March 13, 2009

From Netscape’s Open Directory to Google to Twitter.

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