According to HubSpot's 2011 State of Inbound Marketing Report, small businesses plan to spend 29% of their lead generation budget on social media and blogs, while businesses with 50+ employees plan to spend 9% of their budget on these two tools.
Overall, from 2009 to 2010, these busineses increased their budgets for social media and blogs by 67%.
These two categories, social media and blogs, have the lowest cost for lead generation.
Simply stated, small businesses are spending more and more of their hard earned dollars on the cheapest way to get new business: social media and blogs.
As a small business owner, what steps are you taking to increase your business in a cost efficient manner? May I suggest that you return to the top of this page and reread the information from HubSpot to glean a few ideas?
Come on, Old Dog, don't make me "sit up and beg" you to take bold steps to help yourself!
Thank you for sharing 41 seconds of your day,
Smitty
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