Big companies more sociable than ever, survey finds

Big companies more sociable than ever, survey finds
Social media used by more than half of large businesses; lots of monitoring going on
AUG 16, 2011
Social networking has gone mainstream for America's biggest companies. The majority of Fortune 1000 companies now use social media — not only to promote their brands, but also to eavesdrop on their customers, according to a recent survey. Consultant firm Capgemini asked 302 Fortune 1000 company senior executives about their activities on social media sites such as Facebook, and 52% said they had a presence on social networks. The executives are even more interested in keeping tabs on what consumers are saying about their companies and products, with 57% saying they monitor online conversations. Much of the time, they lurk quietly in the background, and 41% said they only respond to an online conversation when a customer poses a direct question. The marketing department is in charge of social media monitoring in 64% of companies. The respondents were split about evenly on whether they outsource oversight of social media, with 48% saying they do it in-house.

Latest News

Is Wall Street's AI risk analysis right for RIA portfolios?
Is Wall Street's AI risk analysis right for RIA portfolios?

Anthropic's Millennium partnership moves AI from reactive tool to proactive risk monitor — but other wealth tech leaders question its fit for RIA practices.

AI is resetting trust in wealth services, says Advisor360's new CEO
AI is resetting trust in wealth services, says Advisor360's new CEO

Milind Mehere offers perspective on why ambient AI, not smarter models, will define the next decade of wealth tech.

Ex-indy rep turned phony finfluencer gets two years in prison
Ex-indy rep turned phony finfluencer gets two years in prison

Kenneth Thom, 42, reinvented himself as a finfluencer known as “K Money.”

Trump sued over Truth Social's paid early-access data feed
Trump sued over Truth Social's paid early-access data feed

A press-freedom lawsuit filed in Manhattan challenges the president's $100,000-a-month Truth API service used by trading firms.

Zero-fee IRAs quietly cost savers up to $1,400 a year, PensionBee study finds
Zero-fee IRAs quietly cost savers up to $1,400 a year, PensionBee study finds

Research reveals six hidden costs inside "zero-fee" IRAs, with one investment mistake potentially amounting to $170,000 over a 30-year period.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income