Web 2.0 does aid business… we have the number to show it.
Wednesday, September 16th, 2009It’s easy to get wrapped up in new technology, and see benefits to your business in investing in one form or another, without any hard facts to back your views up.


Thats what makes the the resent McKinsey Quarterly “Global Survey” so interesting, they asked companies about the benefits gained from using various Web 2.0 tools, both internally and externally. Blogs and video where seen as important tools for both internally and externally however surprisingly microbloging services (read twitter) where seen as much less useful. If that is just down to a currently low take-up of such services by non tech businesses, of if twitter really isn’t the best way to reach an audience, is maybe something that need further research, however anecdotal evidence suggests it’s the forma.

Technologies such as wikis, podcasts, ratings and tags were less useful, but still benefited customer relationships for about one-quarter to one-third of companies worldwide.
More than one-half of respondents (52%) said Web 2.0 tools increased marketing effectiveness, while 43% reported higher customer satisfaction and 38% reduced marketing costs.
Businesses in the high-tech/telecom industry were most likely to report customer-related benefits of Web 2.0, at 65%, followed by business/legal/professional services firms, at 60%.
Companies cannot simply adopt these technologies and expect their customers to use them en masse, however. Among firms reporting measurable benefits from Web 2.0, 74% said it was important to integrate the tools with other forms of customer interaction, and 52% said marketing the Web 2.0 initiatives themselves was a best practice.






