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USE OF SOCIAL MEDIA AMONG
BUSINESS JOURNALISTS
Trends in the use of Social Media by the global business
journalist community

Spring 2011
                                                      Abu Dhabi          London
                                                      Beijing            Milan
                                                      Berlin             New York
                                                      Brussels           Paris
                                                      Dallas/Ft. Worth   San Francisco
                                                      Dubai              Stockholm
                                                      Frankfurt          Vienna
                                                      Hong Kong          Washington
                                                      Johannesburg
HIGHLIGHTS
 Social media is the most increasingly influential source of information on
  stories published by business journalists
  – Though does not influence journalists to the extent of their own research or
     more traditional information sources

 On balance social media is seen to have a positive effect on the quality of
  journalism, and will be increasingly important to the angle and content of
  published stories

 Nine in ten journalists claim to have investigated an issue further for their work
  due to information sourced from social media
  – Two-thirds claim to have written a story that originated via social media,
     giving rise to up to one in seven of all published stories

 Twitter provides the most valuable sources of information, yet blogs are the
  most likely to be the foundation of a published article

 Journalists based in North America are more likely to use and believe in the
  importance of social media than those elsewhere

                                                                                       1
MAIN FINDINGS




                2
THE INCREASING IMPORTANCE OF SOCIAL MEDIA
          Many information sources have increased in importance over the past year, though social
          media (blogs and social networking sites) have shown the greatest rise in influence


                                                         Sources that have become more important in the past year
Blogs, micro-blogs e.g. twitter, message boards                                                                          43%

                           Social networking sites                                                       32%

     Real time subscrption information services                                               25%

 Business media (nat'l, int'l, trade press) - online                                          25%

                                      Google alerts                                           25%

                            Your primary research                                            24%

               Information direct from companies                                        21%

                                  Analyst research                              16%

                             Information from PRs                           13%

                             Online video services                  8%

Business media (nat'l, int'l, trade press) - in print              7%

                          Q. Which, if any, of the following information sources have become more important to you in the past year in terms of
                                                                                                                                                  3
                          influencing the content or angle of the stories you write or work on? Base: All business journalists (1,082)
THE INCREASING IMPORTANCE OF SOCIAL MEDIA
      The rising importance of blogs, twitter, message boards etc is greatest among North
      American and UK journalists. The increasing importance of social networking sites such as
      facebook or LinkedIn is lower among those in mainland Europe than elsewhere

                              Sources that have become more important in the past year

                                                                                                     43%

                                                                                                                  51%
 Blogs, micro-blogs e.g.
twitter, message boards
                                                                                                           47%

                                                                                31%                                      Global
                                                                                                                         North America

                                                                                  32%                                    UK
                                                                                                                         Mainland Europe
                                                                                          37%
 Social networking sites
                                                                                     34%

                                                                      25%


                     Q. Which, if any, of the following information sources have become more important to you in in terms of
                     influencing the content or angle of the stories you write or work on? Base: All business journalists (1,082),         4
                     North America (248), UK (524), Mainland Europe (251)
SOCIAL MEDIA - IMPACT ON QUALITY & FUTURE IMPORTANCE
           On balance social media’s impact on the quality of published stories is seen to be positive (by
           seven to one) and three-quarters believe its future importance in influencing content and
           angles of stories is set to grow


           Impact of social media on                                         Future importance of social media
            quality of written stories                                         on angle or content of stories


                       5%                                                                   5%
                  5%

                                         37%                                 23%
                                                                                                                                   Increasingly
                                                                                                                                   important role
Positive
Neutral                                                                                                                            Not an increasingly
              52%                                                                                            72%                   important role
Negative
Don't know                                                                                                                         Don't know


                      Q. On balance would you say social media have a positive or negative impact on the quality of information you write?
                      Q. Do you think that social media will or will not play an increasingly important role in providing content or angle of       5
                      the stories you write? Base: All business journalists (1,082)
SOCIAL MEDIA - IMPACT ON QUALITY & FUTURE IMPORTANCE
         Business journalists in North America are most likely to believe in the positive impact of social
         media on the quality of published stories and on social media’s potential impact in influencing
         the angle or content of published stories

          Impact of social media on                                                      Future importance of social media
           quality of written stories                                                      on angle or content of stories


                  Positive       Negative                                                              Increasingly              Not increasingly
                    (%)            (%)                                                                important (%)               important (%)


Global
                    37                5                                Global
                                                                                                              72                          23


North America
                    44                6                                North America
                                                                                                              77                          19


UK
                    38                6                                UK
                                                                                                              71                          24


Mainland Europe
                    30                4                                Mainland Europe
                                                                                                              69                          27




                    Q. On balance would you say social media have a positive or negative impact on the quality of information you write?
                    Q. Do you think that social media will or will not play an increasingly important role in providing content or angle of     6
                    the stories you write? Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
CURRENT INFLUENCE OF SOCIAL MEDIA
 Nine in ten have been prompted by social media to investigate an issue further for their work;
 three-quarters by blogs and half by twitter. Two-thirds of business journalist say that at least
 some of their stories originate from social media, around half of which is from blogs

                            Use of social media to prompt investigation or as the foundation for a
                            published story

                                                                                                                      74%
                 Blogs
                                                                                     47%


                                                                                       49%
Micro-blogs (eg twitter)
                                                                    33%


                                                                                  45%
Social networking sites
                                                          25%                                           Prompted to investigate
                                                                                                        an issue
                                                                           39%
      Message boards                                                                                    Written a story
                                                      22%


                Q. Have you ever read any information posted on a blog, micro-blogging service or social networking site that has
                prompted you to investigate an issue further for your work?                                                           7
                Q. Have you ever written a story which originated from any of the following? Base: All business journalists (1,082)
STORIES SOURCED FROM SOCIAL MEDIA
    Though two-thirds say that at least some of their stories originate from social media, few say
    that it is the basis for a great proportion of them. Overall, around one in seven of all stories
    may originate from social media - slightly higher in N. America than in mainland Europe

Proportion of stories sourced from
           social media                                                                                            Stories originating
                                                                                                                   from social media
              2%                                                                                                           (%)
                    8%
                                               Almost all                           Global
                                                                                                                           14
  33%
                                               The majority
                                                                                    North America
                                                                                                                           17
                                               About half
                             38%               A minority                                                                  15
                                                                                    UK
                                               Hardly any
                                               None                                 Mainland Europe
                                                                                                                           11
      19%




               Q. What proportion of your stories would you say originate from information you sourced from social media
                                                                                                                                         8
               sources? Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
MOST VALUABLE SOCIAL MEDIA INFORMATION SOURCES
  Twitter is seen to provide the single most valuable insight for published stories, followed by
  blogs and two of the major social networking sites, facebook and LinkedIn


                              Social media sources that provide most valuable information
                              – Top 3 mentions
                   Twitter                                                                                        28%

          Blogs (various)                                                               18%

                facebook                                                            17%

                 LinkedIn                                                        16%

Message Boards (various)                   4%
                                                                                        twitter       Blogs    facebook   LinkedIn
              News sites               3%                                                 (%)          (%)        (%)        (%)
 Google (including Alerts)          2%
                                                              North America               29            19       21         16
                     Xing        1%
                                                              UK                          30            18       13         17
             RSS Feeds           1%
                                                              Mainland
                                                                                          22            16       19         16
                 YouTube         1%                           Europe



                Q. Which social media sources provide you with the most valuable information for your work?
                                                                                                                                 9
                Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
CURRENT USE OF SOCIAL MEDIA
              Half of business journalists tweet, upload information to networking sites and write blogs.
              Only one in five post messages to message boards. North American journalists lead the way,
              while those in mainland Europe are less likely to post information

                                   All who post information on social media sites


Micro-blogs (eg
                                                               52%
    twitter)
                                                                                                               Micro-       Social
                                                                                                 Blogs                                  Message
                                                                                                              blogs, eg    network
                                                                                                  (%)                                  boards (%)
                                                                                                             twitter (%)   sites (%)
    Social
                                                               52%
networking sites
                                                                             North
                                                                             America
                                                                                                  61             65          67           19


          Blogs                                            48%               UK                   50             58          49           26

                                                                             Mainland
                                                                             Europe
                                                                                                  31             26          42           12
      Message
                                21%
       boards



                        Q. Do you post information on the following?
                                                                                                                                               10
                        Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
USE OF SOCIAL MEDIA MONITORING
Few business journalists anywhere in the world use social media monitoring tools to track
content in the social media space


              Use of social media monitoring services to track trends

         2%5%                                                                                           3% 6%



                                                       Yes


                                                       No


                                                       Don't know
        92%                                                                                            91%

 All business journalists                                                            All who write stories originating
                                                                                            from social media


             Q. Do you currently use any social media monitoring services (such as Radian6, Nielsen’s Buzzmetrics, CisionPoint
             or ComScore’s Social Analytix) to track trends of social media content on companies, their products or services?    11
             Base: All business journalists (1,082), all who have written a story that originated from social media (669)
PARTICIPANTS AND METHODOLOGY




                               12
PROFILE OF PARTICIPANTS
        Half of participants have editorial responsibility for their publications, and most publish online.
        Participants are based across the world, the majority in the Europe and North America


                     Job Function
                                                                    Outlet: All publishing stories in…
Editor                    5%
Reporter                2%
                       7%                             … online
                                                                                                                         62%
Freelancer                                           publications
Correspondent        16%                       … specialist trade
                                   51%                                                                        47%
Researcher                                     print publications
Producer
                       18%                       … national print
Other                                                                                            32%
                                                  publications

                       Location                    … newswires                11%

N America                                        … regional print
                               23%                                          9%
UK                                                publications
                     23%
Europe ex. UK                                       … broadcast
                                                                           8%
                                                      media
Asia Pacific (2%)
Middle East (2%)                                  … other outlets         7%
Rest of World (1%)           48%

                                                              Q. What is the usual outlet for the stories you work on?
                                                                                                                               13
                                                              Base: All business journalists (1,082)
SURVEY METHODOLOGY
Online quantitative survey research with business media across the world,
designed to understand use of Social Media* in informing and influencing
published stories

 Online data collected in Q4 2010
 In total 1,082 business journalists from more than 35 countries took part
  – North America (248 responses)
  – UK (524)
  – Mainland Europe (251)
  – Asia Pacific (26)
  – Gulf (18)
  – Rest of World (15)
 Covers the online, print and broadcast media
 Includes editors (around half of responses), correspondents and freelancers

  *We define social media as ‘media for social interaction, using highly accessible and scalable technology
  or web-based technologies to broadcast individual or group commentary’




                                                                                                              14
For more information please contact:

Andrew Gunn, Director
socialmediasurvey@brunswickgroup.com
+44 20 7396 5346

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2011 Brunswick Study on the Use of Social Media Among Business Journalists

  • 1. USE OF SOCIAL MEDIA AMONG BUSINESS JOURNALISTS Trends in the use of Social Media by the global business journalist community Spring 2011 Abu Dhabi London Beijing Milan Berlin New York Brussels Paris Dallas/Ft. Worth San Francisco Dubai Stockholm Frankfurt Vienna Hong Kong Washington Johannesburg
  • 2. HIGHLIGHTS  Social media is the most increasingly influential source of information on stories published by business journalists – Though does not influence journalists to the extent of their own research or more traditional information sources  On balance social media is seen to have a positive effect on the quality of journalism, and will be increasingly important to the angle and content of published stories  Nine in ten journalists claim to have investigated an issue further for their work due to information sourced from social media – Two-thirds claim to have written a story that originated via social media, giving rise to up to one in seven of all published stories  Twitter provides the most valuable sources of information, yet blogs are the most likely to be the foundation of a published article  Journalists based in North America are more likely to use and believe in the importance of social media than those elsewhere 1
  • 4. THE INCREASING IMPORTANCE OF SOCIAL MEDIA Many information sources have increased in importance over the past year, though social media (blogs and social networking sites) have shown the greatest rise in influence Sources that have become more important in the past year Blogs, micro-blogs e.g. twitter, message boards 43% Social networking sites 32% Real time subscrption information services 25% Business media (nat'l, int'l, trade press) - online 25% Google alerts 25% Your primary research 24% Information direct from companies 21% Analyst research 16% Information from PRs 13% Online video services 8% Business media (nat'l, int'l, trade press) - in print 7% Q. Which, if any, of the following information sources have become more important to you in the past year in terms of 3 influencing the content or angle of the stories you write or work on? Base: All business journalists (1,082)
  • 5. THE INCREASING IMPORTANCE OF SOCIAL MEDIA The rising importance of blogs, twitter, message boards etc is greatest among North American and UK journalists. The increasing importance of social networking sites such as facebook or LinkedIn is lower among those in mainland Europe than elsewhere Sources that have become more important in the past year 43% 51% Blogs, micro-blogs e.g. twitter, message boards 47% 31% Global North America 32% UK Mainland Europe 37% Social networking sites 34% 25% Q. Which, if any, of the following information sources have become more important to you in in terms of influencing the content or angle of the stories you write or work on? Base: All business journalists (1,082), 4 North America (248), UK (524), Mainland Europe (251)
  • 6. SOCIAL MEDIA - IMPACT ON QUALITY & FUTURE IMPORTANCE On balance social media’s impact on the quality of published stories is seen to be positive (by seven to one) and three-quarters believe its future importance in influencing content and angles of stories is set to grow Impact of social media on Future importance of social media quality of written stories on angle or content of stories 5% 5% 5% 37% 23% Increasingly important role Positive Neutral Not an increasingly 52% 72% important role Negative Don't know Don't know Q. On balance would you say social media have a positive or negative impact on the quality of information you write? Q. Do you think that social media will or will not play an increasingly important role in providing content or angle of 5 the stories you write? Base: All business journalists (1,082)
  • 7. SOCIAL MEDIA - IMPACT ON QUALITY & FUTURE IMPORTANCE Business journalists in North America are most likely to believe in the positive impact of social media on the quality of published stories and on social media’s potential impact in influencing the angle or content of published stories Impact of social media on Future importance of social media quality of written stories on angle or content of stories Positive Negative Increasingly Not increasingly (%) (%) important (%) important (%) Global 37 5 Global 72 23 North America 44 6 North America 77 19 UK 38 6 UK 71 24 Mainland Europe 30 4 Mainland Europe 69 27 Q. On balance would you say social media have a positive or negative impact on the quality of information you write? Q. Do you think that social media will or will not play an increasingly important role in providing content or angle of 6 the stories you write? Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
  • 8. CURRENT INFLUENCE OF SOCIAL MEDIA Nine in ten have been prompted by social media to investigate an issue further for their work; three-quarters by blogs and half by twitter. Two-thirds of business journalist say that at least some of their stories originate from social media, around half of which is from blogs Use of social media to prompt investigation or as the foundation for a published story 74% Blogs 47% 49% Micro-blogs (eg twitter) 33% 45% Social networking sites 25% Prompted to investigate an issue 39% Message boards Written a story 22% Q. Have you ever read any information posted on a blog, micro-blogging service or social networking site that has prompted you to investigate an issue further for your work? 7 Q. Have you ever written a story which originated from any of the following? Base: All business journalists (1,082)
  • 9. STORIES SOURCED FROM SOCIAL MEDIA Though two-thirds say that at least some of their stories originate from social media, few say that it is the basis for a great proportion of them. Overall, around one in seven of all stories may originate from social media - slightly higher in N. America than in mainland Europe Proportion of stories sourced from social media Stories originating from social media 2% (%) 8% Almost all Global 14 33% The majority North America 17 About half 38% A minority 15 UK Hardly any None Mainland Europe 11 19% Q. What proportion of your stories would you say originate from information you sourced from social media 8 sources? Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
  • 10. MOST VALUABLE SOCIAL MEDIA INFORMATION SOURCES Twitter is seen to provide the single most valuable insight for published stories, followed by blogs and two of the major social networking sites, facebook and LinkedIn Social media sources that provide most valuable information – Top 3 mentions Twitter 28% Blogs (various) 18% facebook 17% LinkedIn 16% Message Boards (various) 4% twitter Blogs facebook LinkedIn News sites 3% (%) (%) (%) (%) Google (including Alerts) 2% North America 29 19 21 16 Xing 1% UK 30 18 13 17 RSS Feeds 1% Mainland 22 16 19 16 YouTube 1% Europe Q. Which social media sources provide you with the most valuable information for your work? 9 Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
  • 11. CURRENT USE OF SOCIAL MEDIA Half of business journalists tweet, upload information to networking sites and write blogs. Only one in five post messages to message boards. North American journalists lead the way, while those in mainland Europe are less likely to post information All who post information on social media sites Micro-blogs (eg 52% twitter) Micro- Social Blogs Message blogs, eg network (%) boards (%) twitter (%) sites (%) Social 52% networking sites North America 61 65 67 19 Blogs 48% UK 50 58 49 26 Mainland Europe 31 26 42 12 Message 21% boards Q. Do you post information on the following? 10 Base: All business journalists (1,082), North America (248), UK (524), Mainland Europe (251)
  • 12. USE OF SOCIAL MEDIA MONITORING Few business journalists anywhere in the world use social media monitoring tools to track content in the social media space Use of social media monitoring services to track trends 2%5% 3% 6% Yes No Don't know 92% 91% All business journalists All who write stories originating from social media Q. Do you currently use any social media monitoring services (such as Radian6, Nielsen’s Buzzmetrics, CisionPoint or ComScore’s Social Analytix) to track trends of social media content on companies, their products or services? 11 Base: All business journalists (1,082), all who have written a story that originated from social media (669)
  • 14. PROFILE OF PARTICIPANTS Half of participants have editorial responsibility for their publications, and most publish online. Participants are based across the world, the majority in the Europe and North America Job Function Outlet: All publishing stories in… Editor 5% Reporter 2% 7% … online 62% Freelancer publications Correspondent 16% … specialist trade 51% 47% Researcher print publications Producer 18% … national print Other 32% publications Location … newswires 11% N America … regional print 23% 9% UK publications 23% Europe ex. UK … broadcast 8% media Asia Pacific (2%) Middle East (2%) … other outlets 7% Rest of World (1%) 48% Q. What is the usual outlet for the stories you work on? 13 Base: All business journalists (1,082)
  • 15. SURVEY METHODOLOGY Online quantitative survey research with business media across the world, designed to understand use of Social Media* in informing and influencing published stories  Online data collected in Q4 2010  In total 1,082 business journalists from more than 35 countries took part – North America (248 responses) – UK (524) – Mainland Europe (251) – Asia Pacific (26) – Gulf (18) – Rest of World (15)  Covers the online, print and broadcast media  Includes editors (around half of responses), correspondents and freelancers *We define social media as ‘media for social interaction, using highly accessible and scalable technology or web-based technologies to broadcast individual or group commentary’ 14
  • 16. For more information please contact: Andrew Gunn, Director socialmediasurvey@brunswickgroup.com +44 20 7396 5346