What will it cost to get your name out there and quickly build brand awareness? According to the B2B magazine increasing numbers of businesses are turning to this new model of marketing for quick brand building and awareness. Many of those companies have reaped the benefits in revenue for having stepped out of the cookie cutter mold of traditional marketing. A projected annual growth ranges from 32-34% and with Social Media Marketing being the fastest growing channels, a reported $716 million spent in 2009 is estimated to increase to around $3.1 billion in 2014. As more consumers are turning to the web for their information, this has created an immense opportunity for Businesses to reach out the masses and grow awareness.
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