Marketing execs uninterested in social networks

29th November 2008 | Published in Social Media Optimisation

More than half of top chief marketing officers are indifferent about social networking sites such as Facebook and MySpace, despite their huge popularity.

According to a survey by Epilson, 55 per cent of marketing executive at leading brands are either not too interested (22 per cent) or not interested at all (33 per cent) in using social networks as part of their marketing strategies.

Just ten per cent of chief marketing officers said they are already using these social networking websites as part of their marketing plans.

However, 52 per cent of respondents said they do use internet forums and webinars, 47 per cent use email and 37 per cent use blogs.

Some 27 per cent said word of mouth and social networks are the tools they would most like to incorporate into their marketing mix.

Steve Cone, chief marketing officer at Epsilon, said: “These sites narrowly appeal to college and high school students, providing a challenge as far as measuring results and yielding a limited amount of actionable data.”


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Comments

  1. Gravatar
    Ian Hendry said on December 1st, 2008 at 4:21 pm

    If ONLY 47 per cent use e-mail, it doesn’t surprise me that 55 per cent can’t get their heads around the power of referral marketing that exists on social networks. Exactly what brands are these people responsible for? Coal tar soap, washing crystals and brass polish dubbing?

    Ian Hendry
    CEO, WeCanDo.BIZ
    http://www.wecando.biz

  2. Gravatar
    ScottB said on December 1st, 2008 at 4:32 pm

    I think the study refers to using email for marketing purposes and not simply day to day email usage! :)

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