53 Percent Of Execs Believe They Must Adopt Social Business Or Risk Falling Behind

The company Jive is releasing a study today. The study will reveal that Social Business is increasingly perceived as a strategic executive imperative in the enterprise, with 78 percent of the executives surveyed admitting that having a social strategy is critical to the future success of their businesses.

Specific findings include:

  • Sixty-­‐six percent of executives believe that social applications for business represent a fundamental shift in how work will get done. 
  • Fifty-­‐three percent of executives believe they must adopt Social Business or risk falling behind. 
  • 57 percent anticipate “increased revenue or sales” as a result of implementing a Social Business strategy. 
  • Seventy percent of executives and 51 percent of millennials have downloaded at least 1 web-­‐based application for work use either on their mobile device or personal computer. 
  • Fifty-eight percent of executives and 58 percent of millennials did not seek or receive permission from a systems administrator or an IT professional before downloading or using apps in the workplace. 
  • Eighty-nine percent of executives, 88 percent of millennials and 76 percent of general knowledge workers believe that they and their teams would be more productive if they could dramatically reduce the time spent writing and reading emails. 

Read More...

  Source: Tech Crunch

Affluent social media users loyal, not seeking discounts

Wealthy social media users aren't following brands to get discounts and coupons. A new survey from The Affluence Collaborativefound those who pull in serious salaries follow a brand on social media because they like it.

However, The Affluent Collaborative's survey, reported by eMarketer titled  Why Do Affluent Consumers Connect with Brands on Social Networks found that those earning higher salaries, over $200k a year or more, are more likely to follow a brand  on social media out of loyalty - a compliment to those brands.

Less than a third (29%) of those earning $500k or more followed a brand for deals and discounts instead citing "I love the brand and want to follow it" (52.%) as their main motivator...Read More....

Source: Biz Report | Helen Leggatt

Is Twitter a time-waste for brands?

Size does not always matter.....

 

Is it more important to have massive amounts of random followers or should Brands look at the value of influencers. A recent Forrester Research report found that Mass Influencers (MI) are the consumers that brands, authors and businesses need to court. The problem? MI's are hard to find. Only about 16% of the total American online audience are considered Massive Influencer's. To find these massively influential consumers, the Forrester report indicates that brands need to do a bit more monitoring of social networks and posts about their brand, they need to better segment consumers on their lists of followers and then they need to engage.  Read More....

 

Say Hello to Screens that Say Hello

New Yorkers who commuted through New York's Penn Station last month may have noticed something a bit unusual: digital screens greeting passersby by name, offering customized video based on their preferences.....connecting via a mobile app ...delivered custom tailored mobile video..

Read more...

Source: Erik Sass | Digital Outsider

How Twitter is Changing: A new study reveals Twitter’s new direction

Twitter reportedly attracted more than 100 million users in 2010. While it’s not quite the size of Facebook, which currently serves as the digital residence of 550 million, its impact on media, culture and society is profound.  Read more  including stats on Social Biography, Profiling, Location from 2009 to 2010...

 

Source: Brian Solis