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	<title>BIA/Kelsey - Local Media Watch &#187; Plus Spenders</title>
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		<title>Social and Mobile Crucial to Plus Spender SMBs Now and In the Future</title>
		<link>http://staging.blog.biakelsey.com/index.php/2014/03/05/social-and-mobile-crucial-to-plus-spender-smbs-now-and-in-the-future/</link>
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		<pubDate>Wed, 05 Mar 2014 16:10:49 +0000</pubDate>
		<dc:creator><![CDATA[Suzanne Ackley]]></dc:creator>
				<category><![CDATA[Local Commerce Monitor]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[Online/Interactive]]></category>
		<category><![CDATA[SMBs]]></category>
		<category><![CDATA[Social]]></category>
		<category><![CDATA[analytics]]></category>
		<category><![CDATA[media usage]]></category>
		<category><![CDATA[Plus Spenders]]></category>

		<guid isPermaLink="false">http://blog.biakelsey.com/?p=29412</guid>
		<description><![CDATA[<p>Plus Spender SMBs showed a wide diversity in media usage in BIA/Kelsey&#8217;s most recent Local Commerce Monitor™ (LCM) survey, Wave 17. Plus Spender SMBs consist of SMBs that spend an average of over $75,000 annually on media advertising and promotion.&#8230;</p>
<p>The post <a rel="nofollow" href="http://staging.blog.biakelsey.com/index.php/2014/03/05/social-and-mobile-crucial-to-plus-spender-smbs-now-and-in-the-future/">Social and Mobile Crucial to Plus Spender SMBs Now and In the Future</a> appeared first on <a rel="nofollow" href="http://staging.blog.biakelsey.com">BIA/Kelsey - Local Media Watch</a>.</p>
]]></description>
				<content:encoded><![CDATA[<p>Plus Spender SMBs showed a wide diversity in media usage in BIA/Kelsey&#8217;s most recent Local Commerce Monitor™ (LCM) survey, Wave 17. Plus Spender SMBs consist of SMBs that spend an average of over $75,000 annually on media advertising and promotion. This is in sharp contrast to the Core sample, for which the average annual media spend is under $3,000.</p>
<p>Social Media usage grew slightly year over year, while mobile usage showed significant growth. Traditional media, such as broadcast and newspaper, took a hit from the previous year.</p>
<p style="text-align: center;"><a href="http://blog.biakelsey.com/wp-content/uploads/Plus-Spenders-media-usage.png"><img class="aligncenter  wp-image-29414" alt="Plus Spenders media usage" src="http://blog.biakelsey.com/wp-content/uploads/Plus-Spenders-media-usage.png" width="672" height="504" /></a></p>
<p style="text-align: left;">Three of Plus Spender SMBs highest advertising and marketing priorities for the next 12 months are analytics, mobile and social.</p>
<p style="text-align: left;">&#8212; 62% of Plus Spender SMBs ranked Analytics as a very high or extremely high priority.</p>
<p style="text-align: left;">&#8212; 55.5% ranked Social Media as very or extremely high priority.</p>
<p style="text-align: left;">&#8212; 55% ranked Mobile as very or extremely high priority.</p>
<p>Core SMBs do not place as much urgency and emphasis on these marketing priorities as Plus Spenders.</p>
<p style="text-align: left;">Unlike Core SMBs, which tend to rely on their own data, Plus Spender SMBs want empirical information on media performance, analytics, customer comments in social media, etc.</p>
<p style="text-align: left;">Mobile has huge traction with Plus Spender SMBs. 44.5% report having a mobile website and 53.6% report they accept payments via a credit card reader. Core SMBs, on the other hand, have a long way to go with mobile as only 15% have a mobile website and 28% reporting accepting payments via a credit card reader.</p>
<p style="text-align: left;">Plus Spender SMBs are also more committed and sophisticated in their use of social media than Core SMBs, with 72% reporting they&#8217;re &#8220;extremely or very&#8221; engaged with their customers, compared to 61% of Core SMBs. 73% of Plus Spender SMBs monitor online comments about them, compared to 57% of Core SMBs.</p>
<p style="text-align: left;">Plus Spender SMBs already have an established digital presence on social, search and mobile &#8212; the opportunity lies in managing their engagement with customers through their digital properties.</p>
<p style="text-align: left;">We&#8217;ll be hosting a webinar and diving into the details about Plus Spender SMBs in the next few weeks.</p>
<p style="text-align: left;">For more information on BIA/Kelsey&#8217;s Local Commerce Monitor, check <a href="http://www.biakelsey.com/Research-and-Analysis/SMB-and-Consumer-Research/Local-Commerce-Monitor/" target="_blank">here</a>.</p>
<p>The post <a rel="nofollow" href="http://staging.blog.biakelsey.com/index.php/2014/03/05/social-and-mobile-crucial-to-plus-spender-smbs-now-and-in-the-future/">Social and Mobile Crucial to Plus Spender SMBs Now and In the Future</a> appeared first on <a rel="nofollow" href="http://staging.blog.biakelsey.com">BIA/Kelsey - Local Media Watch</a>.</p>
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