Small Business Social Media Statistics: Insights and Trends [2024]

July 18, 2024 0 Comments

Adoption and Usage

  1. 91% of small businesses were active on social media in 2021, up from 86% in 2020.
  2. 63% of small business owners reported social media marketing as effective.
  3. 61% of small businesses dedicate 5 or more hours weekly to social media marketing.
  4. 87.7% of US marketers in businesses with fewer than 100 employees use Instagram.
  5. 80% of B2B marketers use LinkedIn to distribute content.

Platform Preferences

  1. 74% of small businesses prefer Facebook for customer engagement.
  2. 66% of Pinterest users buy products after seeing promoted pins.
  3. Instagram and TikTok are popular among young consumers, with businesses targeting these demographics.

Content and Strategy

  1. Only 32% of small businesses have a well-defined social media strategy.
  2. 94% use organic content for social media marketing.
  3. 41.6% incorporate video content into their social media profiles.
  4. Many small businesses create their own content to build a unique brand voice.

Advertising and Budget

  1. 35% of small businesses planned to increase social media marketing budgets in 2021.
  2. 76.5% of small-to-medium-sized businesses run ads on social media platforms.
  3. Small businesses see a median ROI of 133% from social media advertising.

Engagement and Metrics

  1. 61% measure social media success by engagement.
  2. 43% of small businesses say social media is one of their most effective lead generation channels.
  3. 88% of consumer purchases are influenced by social media recommendations.

Consumer Behavior

  1. 54% of social media users research products on platforms before purchasing.
  2. Social media is used as a primary customer service channel by many small businesses.