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In just a few short years, social networks have become deeply entrenched as a means for consumers and businesses to connect online. Consumers spend more time on social networks than on any other category of sites, according to the latest social media report from NM Incite/Nielsen. That amounts to roughly 20 percent of their total time online using personal computers and 30 percent using mobile devices. Total time spent on social media in the U.S. across PCs and mobile devices has increased 37 percent to 121 billion minutes in July 2012.
This article is great. We at Flash Purchase (an e-commerce startup) have used minimal capital on advertising and have still had success solely through social media. No doubt this is the future.