August 22nd, 2011 // 4:05 pm @ mceja
The chart below shows on average how much a start-up spends on social media marketing.
At maturity, a small business spends an average of 32 hours on social media per site and per month. We recommend small business to focus the trifecta of social media: Linked In, Facebook, and Twitter.
In order to properly manage and monetize its social media marketing, a company spends on average 96 hours!! Below is a quick summary to show the cost effectiveness of hiring professional marketing firms.
This does not need you to start with a budget of +$2k, but it does point out that by focusing in-sourcing vs. outsourcing you maybe penny wise and pound and foolish. Contact us to develop the best social media marketing plan.