The impact of social media on brands is undeniable. As a part of a well thought out marketing campaign, social media can certainly help create results. Social media can also be very detrimental to your business if you are not paying attention to what people are saying about you. As social media continues to evolve and users become savvier, it’s good to look at information on why consumers “like” brands. A study has been released that not only details why consumers click the “like” button, it also looks at what marketers think the “like” means. The difference between why consumers “like” and what marketers think it means is surprising.
• Worldwide, the top reason consumers “like” a brand was because they are currently a loyal customer of the brand. Nearly half of consumers said that was the reason they clicked “like”
• 46% wanted to receive incentives or rewards for engaging with the brand, another 46% wanted to keep track of news on the brand
• 43% were looking for special savings or brand related events
• 30% said they found the page’s content agreeable and “liked” for that reason
• Roughly one in four wanted to have their voice heard or to help other customers
• Approximately one in five clicked “like” because they either wanted to recommend the brand to friends or wanted to engage other customers
• Marketers, mistakenly thought that the page’s content was the top reason why people “liked” a page. That view was held by nearly 60% of marketers surveyed
• Marketing professionals also put more stock in the customers need to be heard as a reason for the “like” – 41% of marketers thought people liked for that reason
• Marketers also vastly underestimated the customer loyalty factor. Just 24% of marketers thought that was a reason for the “like”
• They also did not put as much weight in consumers desire for savings as a reason for “liking” a brand
What Does This Mean To You
Maybe the reason some brands are more successful than others on social media is could come down to a misconception of what consumers are looking for. While the majority of “likes” worldwide may come from loyal customers, utilizing some of the other information can help you create loyal customers – and then get those loyal customers to be recruiters for your brand. Since every business is unique, ask your current fans or followers why they engage your company on social media. If the reason they “like” you is because they are looking for coupons and other savings vehicles, then make sure it is the focus of your social media efforts. But as we saw in a study last week – incentivize them to let others know how great your company is. Maybe give better offers for those fans or followers who refer other customers. These brand evangelists can be a big part of your social success. For more information on how social media can help your business move the needle, please contact your Orlando Sentinel Media Group representative or:
Al Fiala
Advertising Research Manager
407.420.5702
afiala@orlandosentinel.com
www.orlandosentinel.com/mediakit
Source: eMarketer; CMO Council


Socially Responding To Shoppers
Earlier this year, we had a post that talked about how consumers expect feedback through mobile devices. Dealing with customer complaints has always been important – the emergence of social media has made them extremely important. Bad reviews can impact your bottom line.
A recent released survey showed that only about of third of executives think
their customers comment or complain about their products & services through social media. Even if it is just a third of customers (I think the executives surveyed are underestimating how their customers are use social media), that means there is a great deal of negative information about your business and your products.
The survey also showed how companies are using social media to respond to
customer feedback:
What Does This Mean To You?
Nearly one in six companies hardly ever respond to FaceBook comments and almost 30% virtually ignore Twitter feedback. Just because comments or complaints originate socially is not a reason to not respond. In fact, because they are social in nature means that they have openly complained and their friends and followers have already seen it. Also, they will probably share the fact that the company did nothing to remedy the situation.
Comments, even negative ones, are a great way to engage consumers and increase loyalty. Everyone makes mistakes and a peace-offering to a customer can lead to a positive message that they share with their friends. This is just one part of social media management; does your organization have a strategy for social media? For more information on how to make social media work for you, please contact your Orlando Sentinel Media Group representative or:
Al Fiala
407-420-5702
afiala@orlandosentinel.com
Source: EMarketer; MarketTools
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Posted in Digital, Shopping, Social Media
Tagged comments, retail, social, socialmedia