InSites Consulting, a consulting business based on analyzing consumer behavior and turning it into valuable insights for companies, released the results of a social media survey of more than 1,200 company managers around the world.
Key conclusions:
- High social media usage in American companies. The usage in the U.S. is higher than in Europe.
- Six out of 10 American companies listen to consumer conversations on social media. Eight out of 10 American companies answer client questions and complaints via social media.
- High usage does not imply true integration; the social media approach is too often disconnected from general company management.
- A digital gap is growing in the corporate world. Companies which are already investing a lot will do so even more in future. Companies which are currently not investing in digital media are also not planning to do so. These companies need to engage with their target audiences in order not to miss out on them.
Eight out of 10 American companies are present on Facebook, 45 Percent on Twitter
Not only consumers find their way onto the popular social network sites, an increasing number of companies also use it. Results show 80 percent of the American companies use Facebook, 45 Percent have a Twitter account, 48 Percent are present on LinkedIn and 31 Percent use YouTube. These numbers show that American companies have evolved further in their social media usage compared to companies in Europe.
Over half, 61 Percent, listen to conversations between consumers on social media
Four out of 10 American companies listen to what consumers say about them on social network sites. “Social media makes conversations between consumers very transparent," stated Prof. Steven Van Belleghem, partner at the research agency InSites Consulting, in a prepared statement. "Companies can quite easily discover what people are saying about their products and services. An increasingly growing group is strongly interested (and with good reason) in this real-time feedback from the market,” states U.S. companies are very successful in answering questions via social media as 83 percent of companies indicate they always deal with questions or complaints sent to them via social media. Still, only 54 percent of the companies in this survey also talk to and actively participate in online conversations with consumers.
High usage but low integration of social media
The survey showed that companies find it very important to be present on social network sites. However, this does not always mean their strategy in doing so is well thought-out. A mere 11 percent of the companies are integrating their social media approach into their overall corporate strategy while17 percent are currently mid-integration. More than one out of four (26 percent) of the American companies are not even doing anything on social media! The integration is at similar levels compared to the European status. “A huge number of companies feel external pressure to be present on social media. Unfortunately this very often results in static corporate pages where nothing really happens. It too often leads to mere presence, not engagement with people. In doing so, companies create enthusiasm among their customers which in the end turns into disappointment,” declared Van Belleghem
A digital gap is emerging in the corporate world
Chances are that there will soon be a digital gap in the corporate world. This survey shows that companies which are already investing a lot in new media will do so even more in the future. Companies which are not investing much yet are not intending to do so. “Even though there is a clear digital evolution and pull among clients, there are still companies that are not convinced that they too have to go with the evolution. The risk for these companies is that, in a rather short term, they will miss out on an important target group in their market. It is time for these companies to observe, facilitate and join these conversations through e.g. consumer consulting boards or social media observation techniques”, concluded Van Belleghem.
About the survey:
These conclusions come from a survey organized by InSites Consulting, together with sample and data collection partner SSI and the translation agency No Problem!. A total of 1,222 managers and business owners were interviewed from companies (+20 employees) in the U.S., Great Britain, The Netherlands, Belgium, Germany and France.
