7 Reasons To Use Social Media To Grow Your Business

Its been a year of learning and I just have to share this great online video about the numbers, facts and figures on Social Media that have got me excited in 2009 about growing your business with some assistance from “Social Media Marketing”.

Here are some of the facts and figures to start you thinking and may give you reason to use Social Media to enhance and optimize your companies marketing online.

  1. 300,000 Businesses have a presence on Facebook
  2. Gary Vaynerchuk grew his family business from $4 Million to $50 Million on Social Media in 3 years
  3. Company sales with the highest social media activity increased their sales by 18% +
  4. Company sales with the least social media activity  reduced their sales by -6%
  5. Lenovo the computer company achieved 20% reduction in call center activity as customers go to a community website
  6. BK Whopper Facebook App produced a $400,000 Return for a $50,000 Investment including 32 Million free media impressions (that is like reaching the combined population of 19 states of the USA)
  7. BlendTec increased sales by 400% with a YouTube online video
YouTube Preview Image

So are you using social media in your online and marketing strategy in 2010?


  • http://buffamj.wordpress.com Michael Buffa

    First off, love the blog. Great resource with some great articles. I got you in my RSS and enjoy the new content. As for this article, I was expecting something a little different. I think these are 7 great “food for thought” reasons, but realistically most businesses aren’t going to get these types of results. Most companies don’t have money to develop apps, and most companies aren’t going to increase revenue in the millions because they get on social media. I’m sure you have an article out there now, but I’d love to hear your thoughts on more basic reasons to start becoming active on social networks ie, generate sales leads, establish relationships, etc.

  • Angie Schottmuller

    Great post, Jeff! I love the videos that Socialnomics makes, and somehow I missed this one. I often visit high schools as a guest speaker on “interactive marketing” and the music and statistics in their videos is very compelling.

    Another Socialnomics awesome video – Social Media Revolution: http://www.youtube.com/watch?v=sIFYPQjYhv8

  • http://newmediaangels.com Cemanthe

    Dude!! Your blog rocks :)

    Source of all of my social media information and ultimately my blogging hero!

    Keep up the good work and thanks

  • Madeline

    This is so true many business are missing the whole point. Results like theses make social media much more particular.

  • Hela Wozniak-Kay

    Watch this space Jeff. We’re cooking up a social media soup at #SnogTowers. And 7 is the magic number

    • http://jeffbullas.com Jeff Bullas

      Hi Hela, I look forward to it :)

  • http://twitter.com/mjserres Maria Jose Serres

    Do you have examples of 2012 businesses?

  • Nathaniel Monk

    Great post for anyone doubting the bottom line impact of social media!

  • http://www.qliqsoft.com/ Krishna Kurapati

    wow this is the true power of social media

  • http://www.optinlistsgroup.com/ craig parker

    Innovative post..its really work for business development but we need proper guidlines to extarct those usefull method’s..

  • http://spiderbook.com/ Spike

    Great post Jeff – the power of social media is phenomenal and utilizing it correctly is key! We are trying to aggregate social media content for a company and person on http://spiderbook.com and would love for you to check it out and let us know if you found it helpful/which additional features we can offer. We would love to help in the quest for gaining rich information & content via social media and other outlets. Cheers!