How The Top 500 Fastest Growing Companies Are Using Social Media

Great post. I love the data.

Great Stats – thank you Jeff

[...] have noticed that some of my articles such as a recent post  ”How The Top 500 Fastest Growing Companies Are Using Social Media“ that discusses the latest survey statistics and numbers, consistently rate very high in the [...]

[...] have noticed that some of my articles such as a recent post  ”How The Top 500 Fastest Growing Companies Are Using Social Media“ that discusses the latest survey statistics and numbers, consistently rate very high in the [...]

Nice content. Pretty fruitful, as i am using both blog as well as Social media.

Agree with all before, Great stats.
Love the stat: “There has been a 237% increase in blogging by the USA’s 500 fastest growing companies”

Awesome to see that companies aren’t just using social media to communicate, but to put out some quality content for our education.

Great post, Jeff!

I’ve added this to Evernote for future reference since I’ll be doing another presentation on social media and blogging for the practicing chiropractor during the first quarter of 2010. These are great stats to show that even the small business owner needs to have a presence online through blogs and social media networks. Thanks again for the time you took to put these stats together!

[...] på sociala medier än de 500 största Posted on December 15, 2009 by dojan En viktig och spännande skillnad mellan de 500 snabbast växande bolagen och de 500 största bolagen i USA, är deras användning av sociala medier. Enligt en nyligen gjord undersökning av The Center [...]

[...] this article from Jeff Bullas. Subscribe via RSS Related Bookmarks Tags RelatedTweeting More Ubiquitous Than Other [...]

[...] 9. I also subscribe to a web marketing blog, “Jeffbulla’s blog,” and the author posted the article “How The Top 500 Fastest Growing Companies Are Using Social Media.” [...]

This is one excellent post and so true. The next few years will be all about producing content and connecting authentically.

Jeff – I am getting tired of thanking you for your content. But this was another great one!!

One quick observation …..Is it just me or is Australia, and UK further ahead in the social media driven e-commerce channels. Would love to know your thoughts

Cheers,

Honestly…. I think the USA is still blowing every country away, in Social Media and eCommerce

Dear author,
Your article and detailed analysis on social media networks are excellent.
What you said is quite true.
I am happily surfing many world well known social media networks and with many leading news channels.
All my writings were published.
I am taking tuitions to high school students on English,regional speaking medias,and well versed in social studies.
Twitter had increased his users bases in attractive ways.
Hereafter, many leading,upcoming higher learning schools will allow or interact with these social media works for greater knowledge,free expression of their ideas and it will surely boost students knowledges on many fields.
Those who understand very well on these social media networks,then, it will be a pleasant alternative from boredom,unwanted chat with non conforming standard sects, using their times,sharing of their likes and dislikes on many subjects by very lively manners.
Hope to get more lively writings,findings on growing networks from you.
Best wishes.,

Excellent article and the statistics are mind blowing. Goes to show you the power of social media and the data reveals that it’s not going anywhere anytime soon..

I agree with Jeff, the US is way ahead of other countries especially in the inbound marketing field.

Great post, thanks for sharing!

RM

[...] } I have looked recently at how some of the top 100 and the top 500 of corporate America are using Social Media, so this new study by business.com is valuable as it [...]

An interesting study, but I’m not sure I understand their criteria. Tweeting at least once in the last 30 days isn’t the hallmark of an active Twitter account. And the occurance of @replies and retweets, while necessary for meaningful interaction, aren’t guarantees that meaningful interaction is happening.

I looked at some of the accounts mentioned. Conoco Phillips’ Twitter account is so clearly a prefunctory initiative, that I had to go to their website to make sure it was actually their account. Frankly, with that little thought or strategy invested, they’d be better off without it.

Chevron doesn’t come off much better, and neither does AT&T, GM, or a host of others. The study’s main criteria for identifying meaningful Twitter accounts – tweeting at least once a month and having a lot of followers – indicates a lack of understanding of how social media works. Social media may be unlike any other kind of marketing model, but there are still important criteria for developing successful implementations, like developing a clear strategy, creating corporate social media guidelines, linking all social media channels, dedicating and training staff, monitoring brand mentions, etc. When executed well, social media enables a brand, through the persona of its designated Tweeting employees, to engage, make friends, and form relationships. It’s a virtual meeting place where you can seek out your brand’s constituency and say, “How’re we doing? How can we help you?” Social media enables conversation. Conversation enables relationships. Relationships enable brand loyalty. Meaningful social media happens when companies stop talking AT their customers and start talking WITH them.

No, I meant the adoption rates relative to population.

[...] Jeff Bullas’ blog on the topic compares how the Inc. 500 crowd fares in terms of embracing social media compared to the Fortune 500 crowd: [...]

I work with restaurants and help them understand how to use SM. These stats seem right on because the restaurants seem to be getting it as more and more as people talk about it and use it.

It’s neat to see things like Foursquare come on the scene and make social media so much fun. I always wanted to be a mayor. Now I’m working on it. Thanks for this helpful look at the growing trend of social media

Great point about adoption curves for different social media technologies. Also, not all firm’s would adopt and use at the same time. Adoption curves are directly tied to learning curves and the ease of use and understanding are also not all the same. For example, many Twitters triers have not made the leap to practical use of this very useful communications tool. In the case of Twitter, awareness of third party tools like TweetDeck tends to lead to increased use and ultimately adoption among triers.

Thanks for another great post Jeff. I often wonder how much time is allocated to monitoring and recording results of SM campaigns. It seems a lot of success stories relate to the amount of followers/fans and vague statements about how SM has improved relationship building. I’m presently researching good tools to monitor campaigns…so many to choose from so would be interested to hear of any recommendations.

Hey Jeff,
An excellent and very informative piece. The stats are rather impressive – once again proving the power and effect that social media has (if used properly) and the fact that it’s not just a fad! Thanks for sharing.

Interesting stat about video. I suspect it is leveling off because it is so tough to make really good quality, engaging short video. Once corps realize the value of good production, things like U-Stream can really take off.

Great stats, I can’t wait for these numbers to apply in canadian businesses. Should be in about 2 years time.

I still believe twitter and blog very important(Promosi: Parfum Laundry dan Deterjen Murah hanya di Deterjen Indonesia)

This is a great post. Thank you for sharing, Jeff!

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Holy Cow Dartmouth talks about how the top 500 corps are using Social Media http://ow.ly/2biDI

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It is amazing that businesses need to be “sold” on using social media. This is great data to support the case for deploying social media marketing. I believe that small-medium businesses could do very well with social media as they are much more “personal” that big companies will ever be.

Although completely subjective, I wonder how many of those companies would actually be considered doing a marginally-decent job at blogging, tweeting, FB’ing, etc. ?
I often encounter blogs/FB that are updated randomly and infrequently, or their tweets are lame at best.

*I’m going to refrain from citing examples but you know what I mean…

Great article, if only businesses in Australia would start to release that the most powerful advertising tool is word of mouth and the quickest way to generate word of mouth as we all know is through social media.

In the <iddle East, most companies are aware of the importance of including social media in their overall media relations and marketing plan, but lack the know-how to successfully create buzz online.

Hi Jeff, Great article! It’s interesting to see how companies are benefiting from social networking and that it is ever growing. Companies are also creating more and more URLs with various content geared to driving content-related traffic to their main sites. A tool that will prove useful in helping consumers find ALL of a particular company’s URLs at once is the new “Business Vanity Code”. There’s more about it at the following blog:
http://faceuser.blogspot.com/2010/08/businesses-can-now-list-all-business.html

Cheers Jeff,

These stats are great. Hopefully we can use them to convince New Zealand businesses that socail media is crucial. We are a bit behind in this area!

I believe the latest stats show that adoption rates are highest in Canada and Australia at the moment.

Obviously, per capita stats always show countries with lower populations as ‘top of the tree’, so remember that a 1% increase in adoption in Europe (731m people) is always going to be better from a company’s perspective that a 10% increase in Madagascar (19m people)!

Jeff,

Great stats as always!
We’re seeing a desire and need for video in healthcare. Educational reasons first on websites along with the exposure broadening through social media.

[...] or brand in ways that are only limited by your creativity. Two other recent studies showed that the Top 500 Fastest Growing Companies and the Top 200 Non Profits in the USA were the leaders in their use of Social Media and Twitter as [...]

Surprised to see “on line video” in the “levelled off or declined” category. Great information, thank you.