Social
media can be a powerful tool, not just for promoting a product, but
also for detracting. Positive comments on Facebook or tweets arguably
publicise a customer’s love of a product much wider than it normally
would do so. On the flip side of this social media coin a negative
experience is also shared to many more people.
The
rise of celebrity followings on social media sites (I'm referring
mostly to Twitter now) has created a hierarchy of customers within a
customer base. Let me explain, Lady Gaga with her 11.73 million
followers tweets about a poor experience a friend of hers had on the
phone to company x gives all those followers (at least those who were
online) a bad impression of company x's brand. Even someone with only a
couple thousand or followers could create real loss of revenue for a
company.
Yet
it is worth highlighting the nature of friends or followers on social
media compared to your close group of friends and family. On many
people’s social networks they will not just have close friends and
family but also old acquaintances from school, university and work plus a
whole host of other casual “friends”. It is fair to assume that you
will take the advice of a close friend over someone who you haven’t seen
in recent years.
Another
point to take note of is a recent study by Forrester Research and GSI
Commerce stating that social media has almost no effect on online
purchasing. But I believe this research is too narrow in its definition
of social media. The term is not just the realms of Twitter and
Facebook, it is also in the form of online forums and customer reviews
on sites like Amazon as well. A whole host of positive reviews is
undoubtedly going to make one product more popular than one with large
numbers of negative reviews.
The
growth of social media has and will have a profound effect on feedback
and managing the customer experience and much is still unknown on the
topic. Whatever the effect, companies must engage with their customers
before the customer has the chance to publish their frustrations. Social
media has vast capabilities to share thoughts, companies need to ensure
those comments and tweets are positive and not negative.
Tom Lynam
For more info please visit fizzback.com
Tom Lynam
For more info please visit fizzback.com