Nearly two-thirds of small businesses (66%) are spending more time on social media marketing in 2012 than they did last year, according to a survey from VerticalResponse.

In addition, the proportion of small businesses that have increased their social media budgets in 2012 is 4 times higher than the proportion of those that have decreased social budgets, the study found.

Below, additional findings from VerticalResponse.

Among the small businesses surveyed, a plurality (43%) dedicate six or more hours per week to social media marketing, 25% spend 6-10 hours per week, and 7% spend 20+ hours a week on social marketing.

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