Showing posts with label companies. Show all posts
Showing posts with label companies. Show all posts

Thursday, January 13, 2011

Study Shows Simplicity Is Top Customer Preference

It looks like the online space may have pushed the envelope just far enough with logins, memberships and requirements that the customer is pushing back. As a result companies and agencies alike are listening. Or at least they say they are in a survey conducted by Econsultancy, the 2011 Customer Engagement Report 2011 (Study for purchase here. Marketing Pilgrim receives no compensation for sales of report).

According to both companies and agencies surveyed, simplicity is the most important customer attitude regarding marketing to them. Please note that the majority of the respondents are in the UK followed by the rest of Europe then North America. The chart below is from the companies point of view. Of note, agencies had 61% reporting it as most important consideration.

As we move forward in the Internet marketing and social media space simple does indeed seem to be a constant mantra. Facebook’s possible Achilles’ Heel is just how convoluted and poorly explained most of its features really are. Marketers fight through the less than clear pathways to get to the answers but most regular folks don’t. If something simpler came along would there be enough momentum for people to jump ship? Interesting to think about isn’t it?

One other rather interesting result from the survey, which is quite interesting all the way through, is the continued disparity between companies and agencies regarding certain subjects. Agencies tend to side with the “everything is rainbows and unicorns that fart butterflies” camp while companies themselves see things differently. Note the following numbers regarding the importance of online customer engagement to companies. From the companies’ point of view, it actually dropped!

The agencies however see it differently in their fee driven world.

Does this mean some of the shine is coming off the online interaction apple? Maybe but not likely. However, it is something to watch moving forward. As the hype from the online industry gets exposed as such, more and more companies will be taking a real look at how they engage online rather than just taking the agency and industry bait hook, line and sinker.

It’s at that point in the maturation of the industry that the real innovation will take place. Once you can’t trick someone into believing that something is good for them you have to rely on that nasty thing called reality and make what is done fit neatly within it. Gee, what a bummer, huh?

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Wednesday, September 29, 2010

95% of Companies Have Tried Social Media; 40% Didn’t Inhale!

There are so many great findings in Econsultancy and bigmouthmedia’s Social Media and Online PR Report 2010 I barely know where to start!

This will probably be one of the few reports you’ll want to spend dollars on this year, although I will add one caveat: the data is skewed towards the UK. That aside, here’s a sample of some of the insights:

1. While 95% of companies have added social media to their marketing mix, 45% have either only “experimented” or not done anything in social media. Really? Do these companies also turn away 45% of all customers? They may as well!

2. If you think that’s hard to believe, take a look at this chart! With the exception of corporate blogs, there’s a decline in the use of every social media tactic under the sun! Maybe if these companies focused on more than “experimenting” with social media they’d find that it offers a long-term benefit to their business. Perhaps they focused too much on the immediate ROI and, when that instant gratification failed to materialize, became disillusioned.

3. And what about their PR campaigns? I am astounded that there has been a decline in the proportion of PR activity taking place online! What, was it too difficult to figure out? Was it just too hard to actually interact with journalists, bloggers, and other influentials? Was it easier to go back to blasting out press releases? Does someone need a hug? :-P

Want more? Wait til you see the astonishing findings on companies’ use of online reputation monitoring!

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