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STATS: Fortune 500 and Social Media

Fortune500_logo35% of the Fortune 500 corporations have an active Twitter account and 23% have a “public facing” corporate blog.

That’s according to a study, titled “The Fortune 500 and Social Media: A Longitudinal Study of Blogging and Twitter Usage by America’s Largest Companies.”

Other highlights below:

1. Insurance industry is Twitter savvy: The insurance industry is found to be the most Twitter active among the others. This probably doesn’t come as a surprise as we last learned how an insurance company used Facebook to determine a client’s health status and denied her insurance claims.

2. Four of the top Five consistently post on Twitter: They are Walmart, Chevron, ConocoPhillips and General Electric. ExxonMobil is the odd one out.

3. Podcast and video blogging: Both podcast and video blogging usage increased from 16% and 21% in 2008 to 19% and 31% in 2009 respectively.

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About Willis Wee

Founder of Penn Olson who is also an entrepreneur since 2005. He has had experience in crafting social media strategies for organizations such as Marriott Vacation Club, James Cook University, Reach Singapore and Unilever. Contact him at willis[at]penn-olson[dot]com

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  • http://www.penn-olson.com/2010/09/07/there-are-billions-of-tweets-per-month/ There are Billions of Tweets Per Month | Penn Olson

    [...] Twitter’s user base may be far lower than what Facebook has, but several studies have concluded that Twitter is preferred social tool for businesses, especially among the fortune 500 companies. [...]

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