Trying to justify a new social media marketing initiative? Wondering just how much to invest? Pondering why NBC decided social media failed to draw audiences during the winter Olympics? Just how much is social communication worth, anyway?
If you’re selling mini tablet computers, that social recommendation could be worth as much as $28 per device and if you’re Jaguar it could be worth a staggering $9,336, according to a new study that tackles the thorny question, just what is a social media share worth?
The “Return on a Share” study, commissioned by ShareThis and conducted in late 2013 and early 2014 by research firm Beresford Research, (Westport CT) both confirms that the opinions and recommendations of people in our social networks have significant impact on our purchasing behavior and that impact has a quantifiable cash value of a 9.5 percent lift...
Research identifies social media ROI. Encouraging news for social marketers.