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Twitter – Making Money for small and medium enterprises by Niche Money

Twitter is now being used by Small and Medium Enterprises as it’s the way forward in marketing strategy according to O2 (mobile operator).

O2 have recently surveyed 500 SMEs (Small and Medium Enterprises) and have showed that 17% of them are using Twitter and a quarter of that segment have been new joiners the last few weeks. A third of the SMEs have saved around £1000 using Twitter Marketing and 1 in 10 have managed to save near £5000 on recruitment and marketing expenses.

It has been suggested that one of the reasons for this sudden explosion in Twitter Marketing is due to the current economic client – they are forcing the smaller businesses to find alternative ways for cost effective marketing, recruitment outlets and customer services. Twitter looks to be the way to do this and so far it has been successful.

Twitter have boosted confidence to 28% of the SMEs as it has helped them stay in touch with similar-sized businesses. Twitter has been chosen by 2 in 5 of the SMEs over Facebook and LinkedIn to make or save them money.

A further data breakdown shows that nearly three quarters of the companies surveyed recognised Twitter’s cost-saving and marketing advantages, 42% saw the medium to be useful as a means of staying in contact with customers and suppliers, and 34% felt they could use it monitor their competitors.

There is a geniune opportunity for Small and Medium Enterprises and business to raise their profiles and increase efficiency due do the simplicity of Twitter.

Here is a quote from an online social platforms expert:

Twitter can be used by businesses in a huge variety of beneficial ways. From spreading latest product news to answering customer queries, increasing brand awareness by appearing as an authority in your area, monitoring your brand online or even interacting with like minded business to achieve common goals. No matter what your company does, there will be a beneficial use of Twitter if approached in the right way. Although the exact implementation will be different in each case, the common foundation is that Twitter can be a valuable and exceptionally low cost addition to your marketing activity.

You too can make money from Twitter but the key to doing that is to build a large collection of followers.

Learn how to build your Twitter Followers and make money – How To Twitter For Profit and Make Money With Twitter

Article Source: Twitter – Making Money for small and medium enterprises

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