Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Riyadh Metro to begin partial operations next Wednesday: Report    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Al Qadsiah hands Al Nassr their first defeat in the Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Downing Street indicates Netanyahu faces arrest if he enters UK    London's Gatwick airport reopens terminal after bomb scare evacuation    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Small businesses in Kingdom invest SR9b in social media
Published in The Saudi Gazette on 04 - 04 - 2012

Small businesses in Saudi Arabia have already invested around SR9 billion in social media, Muhammad Badawi, specialist in social networks and author, said at a workshop held here Monday at the Jeddah Chamber of Commerce and Industry (JCCI).
Statistics revealed at the workshop revealed that social media grew to 2,000 percent in 2011 from 200 percent in 2009 due to “revolutions”. Ninety percent of the population have an account on a social media network with 195 friends in average for each user, it said.
The meeting discussed the role of social media in serving the interests of small businesses.
The hefty amount did not come as a surprise to him though, since small businesses are already promoting their products and services in social media specially through Facebook and Twitter.
Badawi, the author of “Birds of the Same Feather Flock Together”, in which he addresses what users should know about twitter, told the audience that the social media - which has been previously described as “untrusted fashion that will die” - proved that all these cliché are wrong.
He said people started to have trust and build more contacts since more use their real name on social media, which induces businesses to approach them.
Speaking about the popular social media Linkedin, Badawi said it has helped in recruiting 70 percent of employees in the US, adding that with some 2 million companies on the network, the website is now attracting 135 new users every second. Fliker, a photo uploading social network has now 6 billion uploaded pictures with millions of users logging in daily, he further said.
On Facebook, he said it has 800 million active users, with over 4 millions of them from the Kingdom, and 60 percent of them use Arabic as their language.
Eighty seven percent of the users are from Riyadh, 12 percent from Jeddah. Eighty seven percent of users are above 18, while women account for 32 percent of all users logging in from the Kingdom.
Twitter, on the other hand, is becoming more effective in the Kingdom, though US still stays on top in number of users, followed by Indonesia.
Twitter has now 400 million users, 2 million of which are from the Kingdom. Fifty two percent of them are women, 32 percent use their real names, and 83 percent have university degrees.
However, Saudi Arabia leads in terms of Youtube viewers, accounting for 82 percent of all videos being watched on the web, even exceeding the television viewers - as the average period of watching television is 130 minutes per person, while Youtube is watched 133 minutes. Some 36 million watch Youtube daily.
Badawi advised the new and existing businesses to approach the new media as their products are already been evaluated and discussed at social networks even if they are not aware of it. He noted that these social networks give an opportunity for businesses to see the criticisms and evaluate their products and services and stay in contact with their consumers.
Badawi added that based on experience, social media proved more efficient than popular newspapers being circulated in the Kingdom.
While they spent a total of almost SR12,000 to get their ads in newspapers that will not reach all audience, utilizing social proved more fruitful as it helped them reach their target audience.
Badawi said the mistake that existing businesses make is that they treat the new media in the same way they deal with advertising in traditional media, noting that social networks need to be treated differently and not by “offering a car or a lunch to a blogger” to write about a business.
He urged the small businesses to create creating an account, get the management which will need a specialist in new media, technician, reporter, researcher, and an analyst. “The most important thing is to remain active, not just create the account, and also keep an open channel with consumers instead of blocking ears,” he stressed. __


Clic here to read the story from its source.