Affinitive’s Social Media Playground

I came across a recent report released by IBM titled “From Social Media to Social CRM” that any brand marketer developing social media marketing strategies should definitely check out (don’t worry, it’s a quick read you can tackle over lunch!)

IBM surveyed 1,000 customers around the world (including 350 executives) to understand what drives consumers to engage with companies via social media channels. The results show there is a major perception gap between what brands think consumers want versus what consumers really want:

• When asked what they do when they interact with businesses or brands via social media, consumers rank “getting discounts or coupons” and “purchasing products and services” at the top two activities
   

  but…
   
  In contrast, executives ranked getting discounts and purchasing products as the two activities consumers were least interested in doing (the exact opposite of consumers’ rankings!)

• Businesses are three times more likely to think consumers are interested in interacting with them to feel part of a community or engaged with their brand
   

  but…
   
  In contrast, those two actives were among the least interesting among consumers. Consumers are seeking value, whether it be information, advice, or a coupon. So while engaging with a company via social media may *result* in connectedness, the wish for intimacy with a brand is not what drives most of them.

The study advises (rightly so) that brands should not look at social media as an isolated program, but needs to be integrated across all other customer-facing initiatives. If you know your customer in one channel, you need to know them in other channels as well.

A successful Social CRM strategy is one that facilitates collaborative experiences and dialogue that customers value. But brands must understand consumers’ motivation for engaging with them.