When the economy gets jittery, marketing budgets get cut. For most companies with limited resources that is a fact of life.

Yet, as we have said time and again, the trick is knowing how to market smarter with less money, to achieve better results than before. Enter Social Network Marketing stage left.

Social network marketing combines the power of word-of-mouth with the massive reach of the Internet so that the online community actually helps you get your message out. Watch this slideshow for a 2 minute crash course on what Social Network Marketing is and why it is vital for your business.

Well, last week MarketingSherpa announced the results of a survey on current Marketing Trends in the Economic Downturn that found that 48% of businesses plan to increase their spending on Social Network Marketing, placing it as the top way to win new business in these tough times. (See chart below)

Social Network Marketing is no new marketing fad, but a powerful strategy that is quickly gaining widespread acceptance. Almost half of the businesses surveyed see Social Network Marketing as the way forward and want to do more of it.

Ready to wizen up your marketing so you see more results for less money?

Contact us to learn more about how you can manage your own Social Network Marketing campaign with little outside help, once it’s set up and running!

Comments

One Response to “48% of Businesses spending more on Social Network Marketing to tackle the downturn”

  1. Jersey Stewart on December 7th, 2008 9:59 pm

    Hello, I have been searching for information about marketing. I feel this information will help me a great deal. I will be following you for now on. I hope to learn more. Thank you and keep up the good work.

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