

News Archive
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
Fortune 100 (Slowly) Embracing Social Media
February 25, 2010, 11:38 am
Yes, it’s like a slow-mo hug: the 100 largest Fortune 500 companies are accepting and integrating social media into their marketing strategies. BUt for many of them, it’s a one-piece-at-a-time proposition. A study by Burson-Marsteller shows that many Fortune 100 companies are trying one or two popular social media avenues, few have taken an integrated, whole-hog approach to social media.
In short:
- 65% have active accounts on Twitter
- 54% have a Facebook fan page
- 50% have a YouTube channel
- 33% have corporate blogs
- 20% (inclusive) use all four platforms
This appears to be both good news and bad news. While it’s clear that even very large companies see the usefulness of social media, many companies are trying only one thing, or only one thing at a time. That can be a good way to find the right fit for your company—because not all social media work well for all companies and industries&mdahs;but it can also be a road to discouragement if one or more of your efforts isn’t the right one for you.
It also shows that the Fortune 100 are slightly less apt to adopt these media than companies in general. As Andy mentioned earlier, 69% of companies are on Twitter (even though most of them aren’t sure what they’re getting from it), 57% have social media profiles, 51% are using video and 44% are blogging.
Of course, as I mentioned before, it’s possible that many of these channels just aren’t right for the Fortune 100 companies. Video seems especially hard to use—although it’s still significantly more popular than blogging.
Of course, a better metric isn’t necessarily how much they’re doing, but what they’re doing with it. A well-used Facebook Fan page can be a better tool than a disparate and seldom-updated blog, YouTube channel, podcast and Twitter account. So how much are they using these media?

Maybe it’s just that blogging isn’t as sexy as it used to be, but it’s a little sad that they’re only posted seven times a month, don’t you think? (No word on how many of them had a blog when that was the thing to do.)
Meanwhile, the report shows that the Fortune 100 haven’t yet found the best way to use Twitter—though different companies are experimenting with retweeting and conversing, posting announcements and using it for customer service. They do, however, average tends of thousands of Twitter followers, Facebook fans and monthly video views on YouTube, so clearly, they’re doing something right in those channels.
What do you think? Have you seen the Fortune 100 or other large companies using social media well, or do you think they’re just throwing everything against the wall (one thing at a time) to see what sticks?





