Do You Understand Social Media Value?
from Online Marketer Blog (tip to Miriam Kagan):
ROI Of Social Media For Gen Y Audiences (And How To Convince Your Boss)
Generation Y – roughly those aged 13-29 – are among the strongest consumers and influencers. And while social media like Facebook, delicious, and Flickr have garnered media attention, many businesses are still wary of dipping a toe in the social media water.
I argue that we can gauge return on investment (or influence) for Gen Y by looking at their buying power and online behavior and therefore that it is imperative that (most) businesses participate in social media. Plus, I will give you the research to back up these assertions so you can prove it to your boss.
Read more here.
(image courtesy of jbhill on flickr)