By Cameron | Mar 22nd, 2010 | Research-Social Media |

Facebook fans and Twitter followers of a brand are more likely to buy the brand’s product or recommend it to a friend, according to a study by Chadwick Martin Bailey and iModerate Research Technologies.
1,500 consumers in the study found:
- 60 percent of Facebook fans are more likely to recommend brands they are a fan of on Facebook
- 79 percent of Twitter followers are more likely to recommend those brands since becoming a follower of the brand on Twitter.
More than half (51%) of Facebook fans and 67 percent of Twitter followers are more likely to buy the brands they follow or are a fan of.
Social Media Marketing strategies are catching on today, in many incarnations including award winning concepts like the Queensland Tourism Boards “Best Job in the World” campaign, and Coca-Cola’s Blogger travel contest, but Chadwick Marting Bailey’s Vice President John Mendelsohn says “… social media is not the silver bullet that some pundits claim it to be, it is an extremely important and relatively low cost touch point that has a direct impact on sales and positive word of mouth …”
Us folks at Pulledin agree, social media marketing is a powerful communications strategy that should be employed in solid advertising and marketing strategies, but social media marketing needs to be combined with other strategies to be most successful.
Pulledin’s own social media marketing services are so inexpensive that even small businesses can afford them — Clients can communicate with an unlimited amount of consumers with our most basic social media profile administration package starting under $20/day with tax.
John Mendelson added, “Companies not actively engaging are missing a huge opportunity and are saying something to consumers — intentionally or unintentionally– about how willing they are to engage on consumers’ terms.”
Perhaps the biggest reason Pulledin needed to blog the Chadwick Martin Bailey and iModerate study was because the study found that people view brands not engaging in social media as out of touch.
When asked: “What does it say about a brand if they are not involved with sites like Facebook or Twitter?” respondents replied:
- “It’s EXPECTED that a company have some digital face — whether it’s on Facebook or Twitter I don’t know — but they need a strong electronic presence or you doubt their relevance in today’s marketplace.” Female 50–54
- “Either they are not interested in the demographic that frequents Facebook and Twitter or they are unaware of the opportunity to get more exposure in a more interactive method.” Male 35–39
- “It shows they are not really with it or in tune with the new ways to communicate with customers.” Female 18–24.
- “If they’re not on Facebook or Twitter, then they aren’t in touch with the “electronic” people.” Female 55–59
Related articles by Zemanta
- Twitter and Facebook Influencing Purchase Decisions (proactivereport.com)
- Social Media Users More Likely to Buy From Brands They Follow (pamorama.net)
- Social Media Pays: People More Likely to Buy from Brands they Follow (marketingpilgrim.com)
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| July 17, 2010 @ 12:43 am
johnhaward says:
Interesting blog. It would be great if you can provide more details about it. Thanks a lot!