Special offer

Consumers Favor Brands On Twitter And Facebook

By
Services for Real Estate Pros with RealeFlix(R)

According to a study recently conducted by Chadwick Martin Bailey and iModerate Research Technologies, consumers prefer and are more likely to recommend products/services provided by companies who have social profiles on Twitter and Facebook.  The study was conducted using a sample size of 1,500 people and seemed to be primarily focused on Twitter and Facebook.

Consumer Impact of Brands Using Facebook And Twitter

As indicated by the graph above, 51%  of consumers are likely to buy from a company they are a fan of on Facebook.  In addition, 67% are likely to buy if they are a follower of that company on Twitter.

Similar results apply when it comes to providing recommendations.  While 60% of consumers are likely to recommend a company to others based on being a Facebook Fan of theirs, 79% of people following that company on Twitter are willing to do the same thing.

To better understand how consumers in this study viewed companies without a presence on Twitter or Facebook, they asked them the following question: “What does it say about a brand if they are not involved with sites like Facebook or Twitter?“  The answers among the demographic segments can be viewed in the following manner:

  • Females, Age 18-24: “It shows they are not really with it or in tune with the new ways to communicate with customers.”
  • Females, Age 50-54: “It’s EXPECTED that a company have some digital face – whether it’s on FB or Twitter I don’t know – but they need a strong electronic presence or you doubt their relevance in today’s marketplace.”
  • Females, Age 55-59: “If they’re not on Facebook or Twitter, then they aren’t in touch with the “electronic” people.”
  • Males, Age 35-39: “Either they are not interested in the demographic that frequents Facebook and Twitter or they are unaware of the opportunity to get more exposure in a more interactive method.”

How Are You Making Your Presence Known On Facebook And Twitter?

With survey results like these, there is no doubt the majority of consumers are interested in brands who establish a presence in social media outlets such as Facebook and Twitter.  The reason being is because consumers want to see brands that are willing to communicate on their terms.  In addition, it also gives brands the opportunity to market to their audience in a more casual and entertaining manner.

In other words, social networks give brands the opportunity to build relationships with their audience.

As a real estate professional, you can leverage social networks in the same manner.  People aren’t interested in hearing pitch after pitch; they want to learn about who you are as a person.  So develop those relationships, take a more personal approach to contacting people on social networks, and you too can develop customer loyalty and word-of-mouth recommendations for your brand.

Posted by

Subscribe to this Blog

Josh George
RealeFlix(R) - Camas, WA

With more people integrating themselves into the social networking phenomenon, chances are these results will increase even more.  As stated by some of the survey respondents, if brands are not utilizing these networks, it leaves the impression that they are not interested in communicating to consumers through preferential channels.

Mar 26, 2010 11:15 AM
Carolynn Santaniello
Seven Gables Real Estate - Orange, CA

Thanks for the data, Josh.  I love to hear social media works.  I have had fun building my brand on SM and look forward to a strong ROI on my time investment sometime soon.

@OCRealtress

Mar 27, 2010 01:49 AM
Karen Fiddler, Broker/Owner
Karen Parsons-Fiddler, Broker 949-510-2395 - Mission Viejo, CA
Orange County & Lake Arrowhead, CA (949)510-2395

Interesting.....I find nothing helpful on Twitter. My kids moved into and out of it very quickly. I'm wondering if older people use it more than the kids?

Mar 27, 2010 03:47 AM
Jan Laurie
JL Residential Styling & Staging - Nanaimo, BC

So much to learn. Thanks for the reminder and the nudge to get involved, start mixing with people of varying age groups and learn as we go.

Mar 27, 2010 04:06 AM
Carol Neu
Evergreen Realty - Big Bear Lake, CA
SFR, RCS-D - Big Bear Foreclosures

Thanks for the Great Info. This helps me to be more comfortable focusing. I'm a little surprised that LinkedIn didn't make the list though, as I hear it's a powerhouse within the corporate environment.

Mar 27, 2010 04:09 AM
Scott Baker
www.eHomeReports.com Coldwell Banker Realty - Liberty Township, OH
Realtor Homes for Sale Cincinnati/Dayton Ohio

Well I guess that helps to realize the importance of these 2 social networks. I had no idea, Thank you for the information.

Mar 27, 2010 04:11 AM
Anonymous
Jolene Anderson

Josh

Thank you for this useful information. Social media is here to stay... it wins political campaigns and bet of all it is "free" compared to traditional advertising models. As professional realtors we can can take advantage of these  resources to connect with a global network of buyers.. Yahoo!

Mar 27, 2010 04:40 AM
#8
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Josh,

Thank you for this great information.  Yes, we expect the brands to wake up and understand the new marketing options.

Mar 27, 2010 04:42 AM
Jane Taylor
RE/MAX Realty Group - Gaithersburg, MD

I need a Twitter lesson!  I've got an account that someone spammed BIG TIME!  I don't get -- but I want to!!

Mar 27, 2010 05:05 AM
Gene Riemenschneider
Home Point Real Estate - Brentwood, CA
Turning Houses into Homes

I am working on it.  I have Facebook and Twitter, but probably need to learn to use them better.

Mar 27, 2010 05:30 AM
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Josh:  I guess that lets me out.  When I see a product that proudly says they are on Facebook and Twitter, and that I can either friend them or follow them... I pretty much totally disregard them.  Who cares ?

Mar 27, 2010 06:50 AM
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

And... the last place I am going to go... to "learn about someone as a person..." is Twitter.  Again... not only "who cares?" but... how silly !  Sorry... just not my speed... so don't try and "follow me" on Twitter... cuz I'm not there.  I am probably actual out meeting with a real live person... doing something with them... and actually... "getting to know them."

Mar 27, 2010 06:52 AM
Patsy Overton
Patsy Overton Interiors, Atlanta, Georgia - Duluth, GA

This is good info. Josh.  I have accounts on both Twitter and FB, but am not that active on FB.  Sooooo time consuming!  On the other hand, I LOVE Twitter and wish I had jumped on the bandwagon much sooner. 

Mar 27, 2010 07:22 AM
Tamara Inzunza
Realty One Group Capital - Alexandria, VA
Close-In Alexandria and Arlington Living

I seem to have more success with Facebook, but am still tweeting away!

Mar 27, 2010 08:17 AM
Fred Sweezer Sr. CMI, LLC.
Hud Certified 203K Consultant - Long Beach, CA
HUD 203k Consultant

Facebook is very effective

Mar 27, 2010 10:43 AM
Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

I am really glad to hear that data--- I have really been working on building my facebook following, and fanpage.  Thanks for the post!!

Mar 27, 2010 11:11 AM
Ty Lacroix
Envelope Real Estate Brokerage Inc - London, ON

Josh:

Your post motivates me to jump on the bandwagon, no more procratinating!

Ty

Mar 27, 2010 11:38 PM
Sherry Laursen
Remax Premier Group - Wesley Chapel, FL
MAKING YOUR REAL ESTATE DREAMS A REALITY

I have a facebook account that I use, just the basic personal page, not a big fan page or anything like that. But I do mention real estate things on there every now and then just to remind people that I am a REALTOR and I have received referrals from there several times.

Mar 28, 2010 01:56 AM
Josh George
RealeFlix(R) - Camas, WA

Thank you everyone for your comments and feedback.  As you can tell, social media is definitely a controversial topic.  Some find it as an effective marketing medium, others have either not tried it or have seen little to no success.

After reading the comments, I see there are a few people that are interested in learning more about Twitter and Facebook.  I just want to extend the invitation out to everyone that you are welcome to contact me if you want to learn more about social networking.

Mar 29, 2010 04:24 AM
Sherry Davidson
Davidson Realty, Inc. - Saint Augustine, FL

Social media is such a great tool for leads and to establish presence in your business. I enjoyed reading the post and seeing the statistics!

 

Peyton Davidson, VP of Marketing and Social Media

Mar 29, 2010 05:25 AM