A third of companies with revenues exceeding $100 million each (and 43% of all companies) are using Facebook to connect with customers in local markets around the world, according to a study from Harris Interactive.
45% of companies aiming to reach customers internationally have set up social media fan pages, and 54% who did said it was effective.
By comparison, 69% have created websites, and 81% of this group said it was effective.
Only 30% had used paid media social sites, and 51% found it effective.
Obstacles cited by brand managers when using social media outside the US were:
Brand managers stating reasons for not using Facebook as: