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How Brands Are Using Social Media For Market Research [INFOGRAPHIC]

Social media provides a number of benefits for brands of all shapes and sizes across almost every industry, such as raising awareness of products and services, boosting website traffic and driving sales.

But it isn’t all about marketing, as this medium is also a fertile source for research, and brands are quickly catching on – a recent survey revealed that 65 percent of firms rated “marketplace insight” as one of social media’s top perks.

This infographic takes a closer look at how brands are using social media for customer research.

(Source: Pagemodo. Clipboard image via Shutterstock.)

Mediabistro Event

Build a Social Business with the Digital Producer at Anderson Cooper 360°

Keynote Speaker Ella ChickWe're kicking off our upcoming June Social Media Marketing Boot Camp session with a special keynote presentation by Ella Chick (left), the digital producer at Anderson Cooper 360°. She'll discuss how the network uses social media for breaking news and leverages social media to draw attention to organizations and causes. Learn more about our program and register here.