Brand Likes May Be Overrated
With the advent of social media
marketing, many companies and marketing departments judge their successes based
upon how many people “like” a page or a post on Facebook, Instagram, or another
social media platform. Many marketing
departments would consider a post or a page with a lot of likes a major
success, and would move on from there.
Academia has a different attitude towards the posts. Research has been done by the Harvard
Business School to prove out the following questions: if a person likes a brand
or a product on social media, are they more likely to buy it; and do these
likes influence their friends’ buying patterns?
A
lot of the folks that liked the brands or the products then influenced at least
3 friends to do the same, through either emails or social media invites. The products that the individual liked then
rewarded that person for the brand outreach with a coupon or a free version of
the product. In conclusion, liking a
brand or a product on Facebook, Instagram, or another social media platform
does not directly translate into a conversion to a customer.
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