4 reasons small businesses struggle with social

A new Wall Street Journal Online survey sheds light on the challenges facing small and medium-sized businesses (SMB) with social media.

I say that with two hats on. As an MD of an SMD, I can relate to these business challenges. On the other hand our clients are global brands, so we know their challenges too – we help them overcome them. That said, I am not sure they are hugely different:

1) No time for social

Social media isn’t free. There are hidden (and often substantial) costs in terms of time and content. The survey said that 48% of SMBs spent less than 5 hours per week on social.  Creating content, connecting and engaging with customers and partner is time consuming. It needs dedication and focus.

2) No dedicated resourcing

Over 60% of small businesses have no dedicated resource. This doesn’t have to be new headcount, but instead carving out some time in one person’s day, every day, to give the social the love it needs. It also helps with accountability.

3) No measurement

A whopping 42% of small businesses don’t understand the value of social. They are either not measuring it or they just don’t think it has value. If you can’t measure it, you can’t improve it.

4) No social channel strategy

It’s interesting that while Twitter is the third most popular social network, only three percent of SMBs think it has most potential to help their business. Way out in front is Facebook and LinkedIn.  I think this belies a lack of understanding about social channel strategy. It’s horses for courses –  I would argue they all have huge potential to add value, depending  objectives. So for our clients with heavy customer service interaction, Twitter is often paramount.  Our content heavy clients also find Twitter a brilliant way to quickly distribute and sign-post their content. That said we know that LinkedIn can be more effective from a lead generation perspective for some clients.

The statistics in their article come from a  survey was conducted in January 2013 by WSJ/Vistage International, involving 835 small business in the US. The full article can be seen at the WSJ Online

Graph courtesy of Emily Maltby & Shira Ovide, Small Firms Say LinkedIn Works, Twitter Doesn’t, The Wall Street Journal

 

Latest Posts

Design and disability are so often discussed in terms of basic “accommodation” and “access,” yet my visit to the V&A’s Design and Disability exhibition completely shifted that perspective. Rather than framing disability as an issue to be fixed, the exhibition presents it as a culture, a rich set of identities, and a radical design force shaping practice from the 1940s right up to today.
Read More
Lurkers are your biggest audience and they’re deciding in silence. They watch in feeds, sanity-check you in comments, communities and reviews, then repeat whatever proof is easiest to quote internally. That’s why social feels harder, it’s no longer a click machine, it’s an answer surface. Ofcom shows AI summaries are now common in search results, and YouTube remains the UK’s biggest social utility by reach and time spent. If your story is inconsistent, your evidence is scattered, or your customer proof is buried, lurkers can’t do the job of trusting you for you.
Read More
Pinterest has rolled out a brand-new Media Planner inside its advertising tools, and it’s designed to make planning and managing Pin campaigns a whole lot simpler. In short? It gives you a clearer view of what you’re running, who you’re targeting, and what results you can expect…
Read More