Social media gives real time reviews
Monday, October 4th, 2010Social media has emerged as a platform for consumers to air their opinions on companies and products, broadcasting, re-tweeting and posting their views for millions of online users to see. A YouTube video by folk singer Dave Carroll, slamming United Airlines for their mistreatment of his $3500 guitar reached 9.2 million views in just 4 months. The video sparked an increase of complaints by other unimpressed customers and snowballed into mass criticism of the company. After nine months of several failed attempts to gain compensation and being rudely spoken to and treated by staff, Carroll decided enough was enough and made a sequence of three songs slating the company. As well as self promoting himself and his music, this is an extreme way of publicly criticising a company. The review is available to everyone and when it’s broadcasting such a negative message about the company, it can definitely be seen as an example that social media reviews should be held at the highest regard by companies.
Social media and networking could be seen as a mood ring for companies to look at, and instantly get an idea of their public brand image. They can also check how many people are receiving their message and more importantly digesting the information and using it. This real-time feedback allows companies to assess and act quicker, hopefully saving any damaging effects, or making decisions to better their status. Twitter has found that it can predict the films it believes will perform best in the box office by those films that are trended and mentioned most in the weeks leading up to the release of a new film.
Therefore, it is important for a company to have a strong presence on social networking sites, to reassure customers about their values and ethos. A marketing or branding strategy which didn’t have some focus on social media could be considered flawed. However, a social media image for some companies is sometimes seen as a too public or open to customers. It could be argued that an open image makes a company more appealing to the consumer, with no secrets or hidden messages it makes it considerably easier to trust a company who presents an uncompromised brand image.
With companies now very active on social media sites such as Twitter or Facebook, the message they portray is important and must represent the company values. Starbucks for example has 14 million fans and if they were to begin receiving material which may be unsuitable, then it is a vast consumer base to offend. It is very important to come across as natural sticking to the core values of the company not changing your style for social media, but portraying the core values of the company appropriately through the media vehicle. If used effectively, social media is an important factor in modern marketing, resulting in new subtle techniques to gain a prolonged interest in a company and their activities.