
Facebook edged out Google with

Google dominated the top spot as the most visited site in America during 2009 and 2008. MySpace was the No.1 visited site in 2007; it’s now No.7.
From the big picture, 68 percent of Canadians use the Web. This is believed to be the highest penetration in the world, according to comScore, an Internet measurement company tracking global access.
France and Great Britain have equal ranking of 62 percent, followed by Germany, 60 percent, and the United States, 59 percent. About 17 million Canadians, or 53 percent of the population, have Facebook accounts.
We, at WMB, believe the stats are telling because they show millions of consumers have access to social networks and potentially just about any business with an interactive Web presence.
Web comments people make about products, services, and companies is input from consumers, who have direct exposure or experience, or know someone who has it.
Facebook and Twitter see

Taking things a step further is a report, “Communability and Social Media Study,” done by

The report findings come at a time when recession-strapped companies are turning to social media marketing as a more affordable way to promote products and services.
The trend coincides with the uptick in the community base of social networking sites. Facebook just passed the 300 million user mark and provides a vast traffic volume for retailer branding efforts.
But Facebook and Twitter aren’t

WMB agrees with Lauren Freedman, president of the e-tailing group, who says:
“All merchants must test and understand how to effectively deploy it (community and social media) for their brands to retain customers, encourage sales, and avoid abandonment to competitors who’ve better embraced its marketing potential.”
What’s The Future?
Increasing sales is the ultimate goal for adopting social media marketing, but Freedman’s study found three concerns by retailers.
First, brands want to put their own spin on their products and services, and mitigate “brand degradation” from consumers already using sites such as Facebook.
Second, retailers want to be seen as up-to-date in their online presence, not out of touch.
Third, study participants fear their customers will leave e-commerce sites for others that are more socially engaging. It’s akin to hanging out with the most upbeat and “cool” site.
The e-commerce study found

Still, customer reviews are at the top by a wide margin, with 78 percent of those polled listing that information as the No. 1 social media tool for generating sales, and 61 percent listing it as No.1 in driving customer engagement.
The bottom line: Social networking isn’t just about online talk. It’s about marketing – yourself, your company and your products.
This post is by TechMan, WMB co-author. Please share this post!
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