socialmedian: Study: Fastest Growing US Companies Rapidly Adopting Social Media

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Study: Fastest Growing US Companies Rapidly Adopting Social Media

Source: ReadWriteWeb

Aug 15, 2008

Summary

A one year follow up on a study of social media adoption at 500 of the fastest growing companies in the US has found that familiarity with and use of blogs, podcasting, wikis, online video and social networking has skyrocketed in 2008 to nearly double what it was in 2007. 77% of respondents now report at least some use of a social media tool in their business.

The University of Massachusetts Dartmouth Center for Marketing Research performed the study for Inc. Magazine and their findings confirm what previous studies have argued as well: social media use is now a major, mainstream activity.

The Findings

The study was written up on Robin Good's excellent blog Master New Media.

According to the study's authors, "26% of respondents in 2007 felt that social media is "very important" to their business and marketing strategy. That figure rose to 44% in approximately one year. It is clear that this group of fast-growing companies considers the use of social media as a central part of its strategic plan."

Social networking is the most familiar of the technologies. In 200

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