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How the Fortune 500 are using social media

A study was recently published by UMass Dartmouth on how the Fortune 500 are using social media, particularly Blogging, Twitter, and Facebook. In The Fortune 500 and Social Media: A Longitudinal Study of Blogging and Twitter Usage by America’s Largest Companies 2010, we can see that while a good portion of the Fortune 500 are embracing and leveraging social media, there are still a handful who don’t even have a presence.

A few key takeaways from this study:

  • 23% of the Fortune 500 have a blog, up 7% from 2008 (16%), but only 1% from 2009 (22%)
  • Retail has seen the largest ‘by industry’ increase thanks to the entry into blogging by Best Buy, Toys R’ Us and others
  • In 2009 the INC 500 had 43% of companies with a blog compared to the Fortune 500′s 22%
  • 60% of Fortune 500 have a corporate Twitter account
  • 9 of the top 10 companies have a Twitter account and consistently ‘Tweet’
  • 56% of Fortune 500 companies are on Facebook
  • 147 (29%) of the Fortune 500 companies do NOT have a Twitter or Facebook presence

If you’re interested in learning more about the Fortune 500 and their social media habits, be sure to check out 4 Ways the Fortune 500 adopt Social Media and 10 Fortune 500 Companies Doing Social Media Right.

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Categories: social media marketing.

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