Even in the Social Era, Consumers Want Offers
November 1st, 2009 by Joe MeleTags: brands, incentives, interactions, offers, promotions, social, Social advertising, social influence, Social Media
In all of the hoopla over social changing the way that brands communicate with customers, we have to remember that the basic things that consumers want from brands has not changed.
A few studies highlighted by eMarketer last week can help us keep grounded in what we should be focused on as we evolve our marketing communications to the social space. Yes, consumers want interactions with brands, but they don’t want to be friends with brands - at least not most brands. What consumers want from brands is still the same: value, help in making purchase decisions, and reliability.
According to research from Cone and from Lightspeed, consumers still want:
- Information
- Incentives
- Service
This does not, however, change what consumers want and need from brands. We can trip all over ourselves trying to figure out how many friends or fans we want to collect. More important than how many fans we have is what we are offer them.
Particularly in this still recovering economy and in this coming holiday season, consumers want and need reasons to pay attention to brands. Brands that offer them value, take care of their customers, and provide that extra “something” - offers, information, etc. - will win the favor and cash of consumers.
Yes, social media is a new and exciting space, but the basics of relationships between brands and customers should not be forgotten. Indeed, they should be amplified rather than changed.
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2 Responses to “Even in the Social Era, Consumers Want Offers”
Very good article. I will tweet it!
I think your take is spot on for 90% of brands. But for the 10% that are sufficiently interesting, the consumer may also want to build a relationship with the brand for the sake of building a relationship with the brand. This helps if the brand has a human face. The best example of this would be music groups or bloggers (also brands) which build real relationships with fans by acknowledging Tweets and MySpace friends requests, validating the person’s place in the community and reciprocating the users interest.