Here's a year-to-year trend from 2009 to 2010 in the changes in Twitter trending topics. This data first appear on Ad Age and was compiled by trend tracking company What The Trend.
In Simon Dumenco's Ad Age article, he summed up the changes as: "In essence, Twitterers seem more and more interested in entertaining themselves and each other with hashtag musings than tweeting about commercially-produced entertainment."
When you compare the spending on social media marketing from August 2009 to February 2010, overall there's an increase of 60% in the budgets (from 3.5% to 5.6%). Similarly, the planning for the next one to five years shows a similar level of consideration as well: in August 2009, social media spending was thought to be 6.1% for the next year and 13.7% for the next five years; and now, it's more like 9.9% in the next year and 17.7% in the next five years.
And since this was a survey of CMOs, it's a good indication that these budget predictions may get some traction, rather than just being a fond wish of industry pundits. So we know we are in for some interesting growth in SMM, just watch out for folks/firms offering social media solutions too good to be true.... most often they simply are too good to be true!
And since this was a survey of CMOs, it's a good indication that these budget predictions may get some traction, rather than just being a fond wish of industry pundits. So we know we are in for some interesting growth in SMM, just watch out for folks/firms offering social media solutions too good to be true.... most often they simply are too good to be true!

