Social Marketing Will Nearly Double To $2B+

/Social Marketing Will Nearly Double To $2B+

Social Marketing Will Nearly Double To $2B+

My great resource partner, eMarketer reports that social marketing is expected to reach $1.2 billion in 2007 – the majority on America. Brands are expected to spend $1.6B+ in 2008 with MySpace and Facebook accounting for most of the advertising. YOI!

Some more metrics:

  • About 40% of the US pop has visited a social networking site on a monthly basis in 2007
  • Many users create their own content (Blogs, picture sharing and UGM)
  • By 2011, over80% of the US teens and about 50% adults will be active on social sites

Are you feeling a little old, a little and a little behind?

By | 2008-04-24T21:10:00+00:00 April 24th, 2008|Social Media|0 Comments

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