LinkedIn Launches New Survey Business
Offering Adds New Line of Revenue to LinkedIn
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--LinkedIn, the world’s largest professional
network, today announced LinkedIn Surveys, a new service from the
LinkedIn Research Network that enables market researchers and investors
to solicit market intelligence from LinkedIn’s
network of over 30 million professionals worldwide, approximately half
of whom are IT and business decision makers.
With deep profile information on its members, who are working across all
segments of the economy worldwide, LinkedIn Surveys provides the scale,
reach, and targeting that market research firms need to complete
hard-to-fulfill B2B projects.
“More than ever before, sample quality and
reliability are of top concern to market research companies,”
said Scott Spry, COO, Phoenix Marketing International, a client of the
new service. “LinkedIn Surveys has allowed us
to quickly and cost-effectively obtain feedback from real professionals
who provide authentic perspectives.”
LinkedIn members who participate in a survey can choose from a variety
of rewards including gift cards from Amazon, Starbucks, Best Buy, or
make a donation to charities.
“LinkedIn overcomes quality and authenticity
issues that other sample providers face,” said
Dan Shapero, Director of Business Services, LinkedIn. “Because
of the public and self-policing nature of LinkedIn, members provide deep
and accurate profile information and they update that information
constantly.”
LinkedIn has conducted successful projects with six market research
firms, including Phoenix Marketing International and OTX, on populations
spanning business and IT decision makers, finance professionals, and
government employees across four continents.
Currently over 30 million professionals use LinkedIn to solve business
problems, manage their professional relationships and control their
professional identities online. LinkedIn members represent more than 170
industries, 150 countries, and include executives from all of the
Fortune 500 companies. LinkedIn is currently growing at a rate of half a
million new members a week. Members experience the benefits of the
purpose-driven network by finding new ways to interact and do business.
While standard LinkedIn accounts are free, the company earns revenue
through advertising, premium subscriptions, corporate solutions, job
listings, and now LinkedIn Surveys.
For more information, please email surveys@linkedin.com.
About LinkedIn
LinkedIn takes your personal business network online, giving you access
to people, jobs and opportunities like never before. Built upon trusted
connections and relationships, LinkedIn has established the world’s
largest and most powerful business network. Currently, over 30 million
professionals are on LinkedIn, representing all five hundred of the
Fortune 500 companies, as well as a wide range of household names in
technology, financial services, media, consumer packaged goods,
entertainment, fashion, and numerous other industries. LinkedIn is
backed by world-class investors including Sequoia Capital, Greylock
Partners, the European Founders Fund, Bessemer Venture Partners, Bain
Capital Ventures and now Goldman Sachs, The McGraw-Hill Companies and
SAP Ventures.
About LinkedIn Research Network
The LinkedIn Research Network is a division of LinkedIn that enables
market researchers and investors to conduct targeted primary research by
engaging LinkedIn’s network of over 30
million worldwide professionals; it also enables LinkedIn members to be
rewarded for providing professional expertise. A member of CASRO, the
LinkedIn Research Network represents the largest B2B-focused respondent
population available.