According to a study recently released by WorkPlace Media the answer to the question posed in this blog's title is no. The overall impact of a brand's presence on social networking sites is minimal in
terms of impact and perception, according their conclusions.
The major findings in this study state that 96% of respondents said their opinion of a product brand did not change if that
brand had no presence on a social networking site, and only 11% of social
networking users reported following any major brand through a social networking
site, and just 12% of respondents said their opinion of a brand changes if that
brand maintains a social networking presence.
In addition, the study found that only 25% of respondents recommend a business/product via a social network site and just 18% acted upon a business/product recommendation from a social networking site.
Stephanie Molnar, CEO of WorkPlace Media, says "When it comes to influencing
brand perception and purchase decisions... social networking... has a long way
to go."
Well, the opinion of this writer is what would you expect? Much of the social media environment was built upon the premise of "keeping in touch." Facebook was started so college friends could connect, Twitter began with the simple thought of "what are you doing," LinkedIn was the business version of Facebook and You Tube was created to upload and share videos. And if you check into the histories you'll see all of these social sites (and more) are still in their infancy.
Think about it, if the goal is to connect with friends, family, coworkers, business associates, laugh over a video, then it makes sense that it is not a brand influencer ... yet. The key word here is yet. As the social networking sites continue to evolve (and they are evolving ... who doesn't get irritated when someone tweets what they're having for lunch), a brand can have an impact. But the brand must think like a person, not a product, not a service, but a person.
You might be thinking what a stupid thought, brand think like a person ... bear with me ... people connect with each other, they gain value, support, help, enjoyment, etc. by sharing life ... a brand can do the same. A brand can offer value, insight, support, help, enjoyment by sharing its attributes with people who are interested or part of a community. What a brand shouldn't do is think like an advertiser and just blanket the social sites with offers, deals and more. This is mass advertising, not social networking.
And as us in the industry grow in understanding of evolving social media, the better we can help brands think like a person. In a year from now, I would love to see this study again ... because smart people are already figuring this out. That's my thought, what's yours.
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