Looking For Success on Social Media Part 2

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Looking For Success on Social Media Part 2


Oct 9, 2009 by Mark Maier

To continue our look at Social Media and how our clients can use it for advertising, The Center For Media Research released and interesting post along with research on industries that are advertising on the channel....

Year-over-Year% Change in Online Advertising Spend by Industry (U.S., August 2009)

 

Estimated $ on Top Social Network Sites

YOY% Growth

Industry

Aug-08

Aug-09

On Social  Networks

 On All  Sites

Entertainment

$1,097,700

$10,012,800

812%

40%

Travel

$473,700

$2,198,200

364%

-11%

Business to Business

$683,400

$1,941,700

184%

-8%

Automotive

$1,110,200

$3,085,800

178%

 -26%

Health

$1,131,500

$2,754,900

143%

8%

Web Media

$11,231,800

$26,855,700

139%

30%

Software

$526,400

$1,202,500

128%

-29%

Financial Services

 $3,233,900

$6,415,900

98%

-10%

Public Services

$6,836,500

$13,203,100

93%

13%

Telecommunications

$12,449,500

 $23,550,300

89%

-1%

Consumer Goods

$1,913,400

$3,349,200

75%

8%

Hardware & Electronics

$654,000

$1,022,900

56%

-47%

Retail Goods & Services

$8,101,400

$12,556,800

55%

-12%

Source: Nielsen AdRelevance


Where do the specific industries gravitate towards?...

Top US Social Networking Sites For Advertising By Industry (Ranked by Display Ad Impressions for August 2009)

Industry

Social Networking Site

Automotive

Facebook

Business to Business

Facebook

Consumer Goods

Facebook

Entertainment

MySpace

Financial Services

MySpace

Hardware & Electronics

MySpace

Health

Facebook

Public Services

Facebook

Retail Goods & Services

Facebook

Software

Facebook

Telecommunications

Facebook

Travel

Facebook

Web Media

Facebook

Source: Nielsen AdRelevance

I am not shocked to see Facebook being a dominant factor with most industries, I guess the shock was that MySpace did well with Hardware & Electronics & Financial Services.  My Space has always been a force with Entertainment, especially music and bands because they made an application that works well for any genre.  Setting up your property with a Facebook Club and getting your audience to become your "fans" is an important step for success.  Then being careful with the communications you put out to those fans becomes the issue.


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Readers Comments
Paul
October 9, 2009 1:32 PM
Myspace is on the way down. Websites like these are like NightClubs. They are the hot spot for a limited amount of time before something else pops up. I know many people who use facebook, but deleted their Myspace profiles


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