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93% Expect Businesses To Have Social Media Presence

By Daya Baran at September 29, 2008 7 Comments  

According to a new survey, 93 percent of Americans believe a company should have a presence in social media, while an overwhelming 85 percent believe a company should not only be present but also interact with its consumers via social media. Almost 60 percent interact with companies on a social media web site, and one in four interact more than once per week. In fact, 56 percent of American consumers feel both a stronger connection with and better served by companies when they can interact with them in a social media environment. The survey called Business in Social Media was conducted by Cone and the it presents the findings of an online survey conducted September 11-12, 2008 involving 1,092 adults comprising 525 men and 567 women 18 years of age and older.

“The news here is that Americans are eager to deepen their brand relationships through social media,” explains Mike Hollywood, director of new media for Cone, “it isn’t an intrusion into their lives, but rather a welcome channel for discussion.”

When asked about specific types of interactions, Americans believe:

  • Companies should use social networks to solve my problems (43%)
  • Companies should solicit feedback on their products and services (41%)
  • Companies should develop new ways for consumers to interact with their brand (37%)
  • Companies should market to consumers (25%)

Hard-to-reach consumers

Men, a much sought-after target in the online space, are twice as likely as women to interact frequently (one or more times per week) with companies via social media (33% to 17%, respectively).

“The ease and efficiency of online conversation is likely a draw for men who historically do not seek out the same level of interaction with companies as women,” says Hollywood.

Likewise, of younger, hard-to-reach consumers (ages 18-34), one-third believe companies should actively market to them via social networks, and the same is true of the wealthiest households (household income of $75,000+). Two-thirds of the wealthiest households and the largest households (3 or more members) feel stronger connections to brands they interact with online.

“All of this is great news for marketers,” Hollywood explains. “Men and younger consumers are traditionally the most challenging to reach, while the highest income households are typically very desirable; here they are saying ‘Come market to us and interact with us online.’ This is really a license to put more energy and resources into this medium and do it effectively.”

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7 Comments

Andy Benkert said...

I’m a little skeptical of any report that purports to claim that 93% of Americans even KNOW what social media IS.

September 30th, 2008 at 9:40 AM
David Kaplan said...

Boston (September 25, 2008) – Sixty percent of Americans use social media, and of those, 59 percent interact with companies on social media Web sites. One in four interacts more than once per week. These are among the findings of the 2008 Cone Business in Social Media Study.

_____________

Please Note: Clarification on below. The following results refer to the 60% of Americans who use social media.

October 6th, 2008 at 6:04 AM
Robert Payne said...

While I certainly believe social media has a lot of positive implications for businesses, I’m with Andy on the survey data.

October 6th, 2008 at 8:35 AM
Sekhar Ravinutala said...

I had the same thought and did some searches. Turns out it’s 93% of Social Media users (NOT Americans overall). Daya, you might want to correct this.

See http://www.coneinc.com/content1182 for the original release.

October 6th, 2008 at 9:40 AM
Women In Consulting Blog » To Blog or Not to Blog, that Is the Question: Part II said...

[...] Expect Companies to Have a Presence in Social Media The WebGuild’s article focuses on a new survey conducted by Cone, a strategy and communications agency. Among other [...]

October 13th, 2008 at 5:16 PM
Jye Smith said...

That’s a big clarification!! But actually, I think it’s not important that people know what it is — they’ve been using it well because it was called anything. They never actually have to call it anything — it’s just an innovative and engaging service providing by X.

October 13th, 2008 at 5:27 PM
Roy Morejon said...

I wonder what these numbers look like now (July 2009) ?

July 1st, 2009 at 11:02 AM

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