Social media technology is spreading throughout companies to build relationships between the corporation and its consumers.  This new technology has surfaced to provide these opportunities to create connections and improve conversation.  While there are benefits to using the technology, some companies are slow to pick up on it.

 In a survey done by Roberto Rocha for the Montreal Gazette, he found that only 18% of the people surveyed actually use forms of social media for their companies, but 75% of the respondents said they use a form of social media by themselves.  Also, 60% of the companies surveyed do not have any type of social media in the works, so there is no potential for expansion in this area. 

 There are many reasons why a company might refuse to see the potential opportunities for growth that social media provides.  David Wallace, co-founder and CEO of SearchRank, provides some reasons.  Some of these include that a company does not know who would write the blog, it costs too much, and there is no control

 Another reason he provides is that there is no one who could monitor any of the social media sites.  It all ties back to the fear of measuring the results of your actions.  Wallace explains how companies feel that their staff is too busy to deal with these social media sites and everyone has something else to do.  While this might be somewhat true, Wallace points out that when the Internet came to the forefront, companies hired in-house groups to manage their websites.  If a corporation has a company website, they have to have someone running and maintaining that site.  Whoever this person is most likely has the knowledge and the resources to update their system to include social media sites and monitor them. 

 Companies should not ignore this opportunity to engage customers because it is becoming the norm.  Most companies probably have someone capable of taking on this task anyway.  By entering the social media world, a company can grow and create relationships they didn’t have before.  Measuring the impact of social media sites should not be a roadblock.