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If you're a small business owner using social media, chances are you're beating out your larger competitors. According to a recent report, small businesses using socal media are likely to see these benefits:

• Increase Traffic – 72 percent
• Improved Search Rankings – 62 percent
• New Partnerships – 59 percent
• Better Sales – 48 percent
• Reduction in Marketing Costs – 59 percent for self-employed, 58 percent for SMBs
• Twice as likely to find qualified leads

Of course, there's a catch. This only holds true if you are willing to put in the time. The results also show that the more time business put in, the more results they'll reap.

Full story at Small Biz Trends.

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