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 p...