Social media marketing nabs 11% of online marketing budget
February 23rd, 2010 - Posted by Tim Freestone
There’s more to online marketing than banner and text ads. The latest study from MarketingSherpa estimates that paid search is good for 21 percent of online marketing spending and is topped only by the company budget, which picks up 27 percent on average. Social media is clearly no longer the object of dabbling, securing 11 percent of the online marketing budget: beating out search engine optimization (SEO) at 10 percent, online display advertising at 6 percent and other online marketing at 6 percent. But, social media marketing still hasn’t caught up with e-mail marketing, which claims 19 percent of the marketing budget.
Click here to receive enter:marketing blog updates by e-mail >>
[Source: MarketingSherpa]













