This is my baby…Facebook!

Here’s a trivia question to pull out at your next cocktail party, “Which website generates the most traffic?”  Unless you’re chatting with a social media fiend, your friend will most likely guess Google.  Wrong.  Facebook not only generates more traffic than Google, but accounts for 50% of the mobile internet traffic in the UK.  If you’re unsure of the effect social media has on your business, Erik Qualman will convince you with his mind-blowing video.  Of all the astounding facts Qualman shares in the video and on his website these are our favorites:

  • If Facebook was a country it would be the 3rd largest nation in the World.  Hmm wonder what the national anthem would be?
  • How long have you been reading this blog, 1 minute?  Well, in the past 1 minute 60 people joined LinkedIn.
  • There must be a lot of smart shoppers out there because Groupon will reach $1 billion in sales in less time than any company before it.
  • Don’t even try to read everything on Wikipedia.  If Wikipedia was a book it would take you 123 years to read the whole thing.
  • Looking for baby names?  In Egypt newborns have been named “Facebook.”
  • If you’re not worried about monitoring what social media users say about your business, you might be in big trouble.  90% of people trust their peers for recommendations (compared to 14% of people who trust paid advertising.)
  • You may have seen in commercials that 1 out of 5 relationships begins online, but Facebook is blamed for 1 out of 5 divorces.

If you haven’t jumped on the social media bandwagon yet, it’s past time to join the 93% of marketers using it.  Qualman will convince you that social media is a tool that can make or break your business.  So update that Facebook page, tweet at your followers, and maybe be the first to name your child LinkedIn!

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Posted on June 29, 2011, in Biz Tech, Biz Tips, Global Biz, Internet, Market Trends, Small Business. Bookmark the permalink. Leave a comment.

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