Oct. 18, 2010
With 500 million members, a movie about how it came to be and a 23-year-old founder who is the youngest “self-made” billionaire on the planet, it is no wonder Facebook is in the news and a part of research studies all the time. I recently came across a six-country survey from DDB on Facebook and brands and thought I would share some of the findings.
If Facebook were a country, it would be the third largest behind China and India (United States would be fourth). It added over 200 million users in less than a year. In May 2010, Facebook topped Google for weekly traffic in the United States. Here are a few more stats:
Based on much of the information I shared above, it is not hard to understand why Facebook is becoming such an important marketing vehicle for companies. But wait, there’s more:
Of people who follow brands on Facebook, 55 percent of them follow brands in the media/entertainment sector, 51 percent in the causes support sector and 46 percent in fashion/luxury goods. Ads are the primary driver to brand pages at 75 percent followed by a friend’s invitation at 59 percent. Personal research (web search) came in at 49 percent.
As to why people “Like” a brand on Facebook, taking advantage of promotional benefits came in first with 84 percent saying this is very important. Liking the brand, wanting to know about new products, access to exclusive information, being able to give opinions about the brand and to express support of the brand are a few others that followed.
Since following brands on Facebook, 36 percent want to buy the brand’s products more and 61 percent want to buy the brand’s product as much as before. A whopping 92 percent also stated they would recommend the brand to a friend after following it on Facebook.
Based on some of these findings, here are a few tips for making sure you are getting the most out of your brand’s Facebook Page:
All of this information makes a pretty strong point for a company to have a Facebook Page. However, don’t just start a Page because the research tells you to. Make sure you go through the proper planning phases before launching your Page to ensure your customers are truly receiving a benefit for connecting with your company.
To get our latest articles when they are posted, please subscribe by e-mail or RSS. Or, if you prefer updates through Facebook, please "Like Villing" using the link in the bottom red area of our sidebar navigation.