While only 5% of small business owners plan to hire new staff in the short term, nearly 26% are investing in social media, online advertising, and marketing.
Nearly 50% of SMBs have increased time spent on social media compared to a year ago; more than 1 in 3 small business owners dedicate 1-3 hours each week managing their social media channels and 10% spend more than 10 hours.
Most interestingly, 18% of SMBs report Facebook is the most difficult platform to maintain, followed by LinkedIn and Twitter.
Check out the infographic for more survey results:
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- Social Media, Internet, SMS, Apps - Incredible Smartphone Stats, Facts & Figures [INFOGRAPHIC]
- Are You Getting Bored With Social Media? [INFOGRAPHIC]
- Social Media, Your Business And The Law [INFOGRAPHIC]