Social media marketing (2011)

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Š 2011 Social Media Marketing in Malta


Š Copyright ICON STUDIOS LTD. 2011 All rights reserved. Unless explicitly stated otherwise, all rights including those in copyright in the content of this document are owned by or controlled for these purposes by ICON STUDIOS LTD. Except as otherwise expressly permitted under copyright law, the content of this document may not be copied, reproduced, republished, downloaded, posted, broadcast, shared or transmitted in any way, in part or in full, without first obtaining ICON STUDIOS LTD.'s written permission. This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, ICON STUDIOS LTD., and its employees do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Š 2011 Social Media Marketing in Malta


Table of Contents Introduction

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Executive Summary

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Key Findings

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The Use of Social Media Marketing in Malta

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Top Social Media Concerns

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Time Commitment

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Common Tools

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Outsourcing

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Demographics of Participants

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About the Author

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About ICON

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Š 2011 Social Media Marketing in Malta


Introduction Social media is a term tossed around a lot lately, with networks such as Facebook, YouTube and LinkedIn on everyone’s minds and tongues. For businesses, these represent a new marketing opportunity to reach clients, engage directly with them and drive leads and sales. We have seen various success stories from big brands and companies worldwide, which have dedicated time and budgets to experiment with social media marketing initiatives. Even locally, some companies are at the forefront of these new channels, while others are still exploring their opportunities. However, we still know relatively little about social media usage by local marketers. The local online market is more appealing than ever before. As confirmed by the Malta Communications Authority (MCA) 7theCommerce Survey: September 2010, 65% of the local population uses the Internet, with a third of the online people using the Internet for social networking. This report gives insight into how local marketers are using social media. 55 participants shared some useful information on how they are engaging, what benefits they are getting and what they are concerned about.

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2011 Social Media Marketing in Malta

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Executive Summary In this research we gathered information from a sample of 55 local marketers from diverse industries with the intention of understanding their use of social media to promote their business. In this report you will find out about:

Usage of social media: We identified the percentage of companies using social media as part of their marketing efforts.

The most common social media concerns among marketers: Participants were presented with different scenarios and they could identify their most common concerns about social media marketing.

Time commitment: In this section we examine the extent of time businesses invest in social media, noting differences between younger and elder marketers among other factors.

Business benefits of social media marketing: What benefits are these marketers getting out of using social media?

Which social media tools are being used by local marketers: Learn more about the most common tools used by local companies. We will also see how factors like experience and type of business affect the results.

Upcoming social networks: Here we ask marketers about the tools they would like to learn more about for possible future use.

Outsourcing: We checked out whether marketers carry their social media efforts in-house or whether they engage a third party to do so. What tasks do they outsource, if any? This report gives insight in the use of social media in Malta. If you are not yet convinced about this emerging channel, see how marketers are using social media to promote their business. On the other hand if you are using social media but still new to it, check out what tools your counterparts are using and what you should keep an eye open for. Even if you are a social media expert, you may want to see if other marketers’ concerns are the same as yours.

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