Using Social Media: How Does Your Company Compare to Everyone Else?
InSites Consulting, together with sample and data collection partner SSI and the translation agency No Problem!, organized a survey of 1,222 managers and business owners from companies (+20 employees) in the US, Great Britain, The Netherlands, Belgium, Germany and France.
Eight Out of Ten American Companies are Present on Facebook, 45% on Twitter
Not only consumers find their way onto the popular social network sites, an increasing number of companies also use it. 80% of the American companies use Facebook, 45% have a Twitter account, 48% are present on LinkedIn and 31% use YouTube. These numbers show that American companies have evolved further in their social media usage compared to companies in Europe.
61% Listen to Conversations Between Consumers on Social Media
Four out of ten American companies listen to what consumers say about them on social network sites. "Social media makes conversations between consumers very transparent. 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 Prof Steven Van Belleghem, partner at the research agency InSites Consulting.
US companies are very successful in answering questions via social media as 83% of companies indicate they always deal with questions or complaints sent to them via social media. Still, only 54% 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% of the companies are integrating their social media approach into their overall corporate strategy while17% are currently mid-integration. More than 1 out of 4 (26%) 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," declares 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," concludes Van Belleghem.
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