Social Media Marketing Makes More Money

By Social Editors • on July 30, 2009

InternetNews – Does social media marketing boost the bottom line? The answer is a resounding “yes,” according to a recent study that cites a correlation between brands with social media campaigns and higher earnings.

Companies that had the highest levels of social media activity — and engagement — increased revenues by as much as 18 percent on average over the past year, while the least active realized a six percent dip in sales, according to research from social media platform Wetpaint and digital consulting firm Altimeter Group.

The report comes at a time when recession-strapped brands are increasingly looking to social media marketing as a more affordable alternative to traditional forms of both online and offline advertising.

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