The hype around social media just keeps growing and growing. The problem is that many small businesses jump on the bandwagon without even analyzing whether or not it will be a waste of time for them.
Interesting infographic on small business use of social media. In the Vistage and TEC community, I still find very few companies - let's call it less than 5% that are using or leveraging social media in areas like recruiting, sales, marketing, lead generation, customer service, and employee engagement.
The tools, techniques, tactics are well described on hundreds of blogs. The cost is practically dirt cheap. Yet, very few companies are making the leap by getting started with something as simple as flushing out their LinkedIn Company Page.
Why is this? Usually I find small businesses and entrepreneurial companies to be the early adopters and innovators. In the use of social media the opposite is true. Small businesses are taking the conservative route and big brands are plunging in with tremendous resources.
The funny thing is that social media evens the playing field for competing with larger companies?
Why are small businesses and entrepreneurial companies late adopters of social media?
Barry Deutsch
Master Coach for Teaching Vistage/TEC Companies HOW TO drive Sales Through Social Media
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