Social media friends and followers still say they’re more likely to buy
Early research on becoming a fan of brands on Facebook or a follower on Twitter indicated that social media users with brand connections were more loyal and more likely to say they would buy the brand’s products than average. Over the past year, those kinds of connections have become more common, and many brands have grown their fan pages and Twitter followings significantly.
Longitudinal data from ROI Research suggests that growth has not diluted the power of social media connections, which still have a link with customer loyalty.
In 2010, 32% of US social network users told the research firm they were at least somewhat more loyal to brands they were fans of on Facebook. This year, that percentage ticked up slightly, to 34%.
Similarly, 40% of respondents in 2010 said they were more loyal to brands they followed on Twitter, rising to 46% this year. There was also a significant drop in the number of users who disagreed with that claim, from 21% to 13%.
At least half of Twitter and Facebook users said they had become more likely to talk about, recommend or purchase a company’s products after they began following the company on social media. And Twitter users showed a greater level of engagement than Facebook users across all these metrics, as well as in willingness to link to an ad for the product or attend a sponsored event.
Still, many users might want less communication from brands. More than 40% of social network users told ROI Research that brands should communicate with fans only once or twice a month, and another 26% thought weekly communication was sufficient. Only 10% of respondents wanted to hear from brands at least daily.