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15. Usage Patterns
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In order to make the most of the marketing potential in Social Networking, it is imperative to understand how consumers adopt new kinds of physical products and new methods of communication. This gives a fillip to marketers on how they can adapt to the new method of communication.
All the industries have realized the importance of social networking and increased their social network marketing budget significantly even when the overall marketing budget took a beating. The increase in the budgets ranged from 40% to 80%; internet based retailing ranked the highest, followed by media. Manufacturing, Travel and Computer hardware and software remained in the next level. Education and Healthcare took the final rung at 40%. |
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