Study: Users follow brands for the deals

Razorfish report finds the biggest followers are deal-searchers or previous customers


Technology trends and news by Ronny Kerr
November 9, 2009 | Comments (0)
Short URL: http://vator.tv/n/bb6

16340

brandA new Razorfish brand report released over the weekend takes a closer look at how consumers are using the Web to interact with brands in new and powerful ways. For its 2009 Digital Brand Experience Report, Razorfish surveyed 1,000 U.S. "connected consumers," defined as those people who have broadband access, have spent $150 online in the past six months, have visited a social media site like MySpace or YouTube, and have interacted with digital media like photos or videos.

According to Razorfish, almost 40% of consumers have friended a brand on Facebook and/or MySpace, while 26% have done the same on Twitter. Of those Twitter users, 44% report that the possibility of exclusive deals or other special offers is what entices them to follow brands. For those who said they friended brands on Facebook and/or MySpace, 37% also cited exclusive deals as their primary reason for doing so.

Razorfish thinks this is unsurprising:

Dell has earned kudos from social media mavens for generating $3 million in sales from its Dell Outlet through Twitter. Starbucks has soared to the top of Facebook brand pages, with nearly 4 million friends, by offering fans coupons for free pastries and ice cream. And Whole Foods tops Twitter with 1.5 million followers by broadcasting weekly specials and shopping tips.

Beyond hunting for deals and the like, users seem to want to follow brands that they've already demonstrated their support for through purchases. 33% of consumers friend a brand on Facebook/MySpace and 24% do the same on Twitter because they are current customers of the brand already.

Razorfish believes the key to maintaining these relationships rests in the brand's ability to use the real-time social tools to interact with their customers and to continue to provide good service even after the purchase has been made.


Related companies, investors and entrepreneurs

Plogo_twitter-twitter_twitter
Twitter
Startup/Business
(6 ratings)
20045 views
Description: Where did the idea for Twitter come from? Jack Dorsey had grown interested in the simple idea of being able to know what his friends w...

Related news


0 comments

Create your venture's profile
Vator is short for innovator. If you have a new venture, create a profile so we can help you build awareness and a following. We'll distribute your voice to our users and our partners.

Latest company updates on Vator.tv

Smaato Inc.'s data was edited 33 minutes ago
Smaato Inc.'s data was edited about 1 hour ago
Smaato Inc.'s data was edited about 1 hour ago
Yield Software, Inc. was featured in a article: "Social media marketing, Part 3" about 1 hour ago
Outline a strategy and an objective See more
Rentcycle - Tim Hyer (Founder)
Greetings from The Rental Show in Orlando, FL! Day 1 exceeded expectations. I think the rental ...
See more about 5 hours ago, 2 thumbs up
© 2010 Vator, Inc.