64% of Small Businesses Think Social Media Is Unnecessary [STUDY]

 By 
Todd Wasserman
 on 
64% of Small Businesses Think Social Media Is Unnecessary [STUDY]
Mashable Image
Credit:

Hiscox, a small business insurance provider, polled 304 decision makers for U.S. businesses with between one and 249 employees in June. Of those polled, just 12% considered using social media a "must" for their business. However, 50% of respondents said they couldn't do without word-of-mouth marketing. Just 4% said the same about social media marketing.

According to eMarketer, a whopping 64% of those polled said social media was either not necessary or not something they had an opinion about. Of those small businesses that were using social media for marketing, Facebook was the most common vehicle, followed by LinkedIn.

Nicole Perrin, senior editor at eMarketer, says she's not surprised by the results. "We typically don't see that they see this as the be-all, end-all," she says, noting that small businesses often lack the resources to execute a social media marketing plan. "They're still very focused on traditional word of mouth and very used to traditional marketing."

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!