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Web 2.0

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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I found a few data points about U.S. internet usage in January from Nielsen, the media research firm, very interesting.

The first data set looked at the top 10 web brands in January.

top 10 web brands nielsen.png

Google was the most trafficked site in the month, with more than 153 million unique visitors, but Facebook was the most used site in the month, with the average user spending 7 hours on Facebook, more than three times as long as any other site.

All told, users spent nearly 816 hours on Facebook in January, compared to just 193.2 million hours on Google. That’s four times as long.

Interestingly, time on Facebook grew at a faster rate than total visits.

Nielsen also released some composite statistics on U.S. internet usage.

web usage average nielsen.png

The average user looked at more than 2600 web pages each month, but spent less than a minute on each page. That butterfly effect makes the 7 hours spent on Facebook even more pronounced.

The statistic made me wonder just how much the average web surfer is worth in revenue every month. I can’t think of any way to reliably build up a figure. To calculate it, you’d have to be able to estimate the average revenue per page for the web. If you figure that the average revenue per thousand users for a media enterprise is $25 — a guess that assumes three ad units with an average CPM of $7 — then our average surfer is worth $65 in ad revenue every month.

Assuming that internet access is costing about $75, then the average web users accounts for $130 per month in advertising and access charges.

Not a lot of revenue to go around.

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Facebook the most used site during the Super Bowl, Comscore says

February 10, 2010

The Facebook effect on The Super Bowl was significant, Nielsen reports. Overall, 12% of the people watching the most-watched TV program ever were online at the same time. Even more impressive: a quarter of all those people were on Facebook.

First hand experience tells me that Twitter was burning up with discourse during the [...]

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Social Content Curation, Facebook and Click-Throughs

February 5, 2010

An underlying premise of social networking is the authenticity and credibility of your social graph. When people who you have networked with digitally recommend information, experience or products, you are likely to lend their recommendations more credibility than someone you don’t know. Facebook and Twitter make this kind of socially-curated content sharing incredibly [...]

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Good reads, Jan 29, 2010

January 29, 2010

Hope everyone is having a great Friday. The focus of the good reads today? GDP, the iPad, why consumers are forcing the integration of marketing programs, and a pointer about getting your own personal web cred in order.
The Q4 GDP report is out. I’ll be posting on a couple of trends in [...]

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Survey shows 57% of workers use social media tools for business

January 27, 2010

Another item in the proliferation social media tools in our daily life:  the research firm IDC points to social media as being a driving force of “cultural and process change” for business, according to its new report, The Intersection of Web 2.0, Enterprise 2.0, and Collaboration: The Social [...]

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Good reads for Jan. 27, 2010

January 27, 2010

PaidContent digs in, with characteristic thoroughness, on the startling fact that Newsday has sold only 35 online paid sub. Interesting read with some comments from Newsday.
The Congressional Budget Office see the economy at a worst point in terms of jobs and debt, with stabilization and improvement occurring over the next two years. Brad [...]

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