Archive for 16th June 2008

Internet: twice as influential as TV; eight times as print media

A new study, tracking and measuring the impact of the internet on consumer behaviour across three European countries (UK, France and Germany), suggests that the internet is twice as influential as television and eight times as influential as print media. These findings come from the Digital Influence Index study from PR firm Fleishman-Hillard and research firm Harris Interactive.

The study found that consumers were more likely to seek, and then to trust, reviews of products and services online than on television or in print media. They go to social media and product rating sites to get information on products, even if they don’t buy them online; trusting the opinions of others more than the push messaging of traditional advertising approaches. They go to the corporate sites when they want a more transactional experience, or are buying more commoditised items like utilities or airline-tickets.

There was evidence in the study of a disconnect between the sources people go to for information and the trust they put in these. In the UK, for example, 66% of online consumers said that the internet helps them to make better decisions, while only 28% actually trust the information companies provide on the web.

These findings are interesting and suggest that firms need to address these changing attitudes towards influence sooner rather than later. If online is eight times as influential as print media, then a significant push should be made towards getting your online presence right.

People like reviews and opinions, they want information from people like them rather than from the organisation making and selling the product. This is why people trust information from companies online less than they might. The best thing a company can do is to create an environment where people can post reviews and opinions. Join this conversation online and help to facilitate it.

We know that people trust each other more than they are likely to trust messages pushed out on corporate sites. So embracing the social element of online should be top of all brand’s marketing plans.

How social media changes the world for good

There’s a great set of slides from Neil Perkin about online communities and marketing. He shows how social media is changing and the impact it is having. How the changes in social media are permanent and having a profound impact upon communications.

I think the presentation is great and, although there are many out there talking about communities and marketing, this is really clear and a good tool to use with people getting used to the changes in media and communications and the opportunities and challenges this is presenting them with.

In particular I like the emphasis on both how social media is actually leading a fundamental change in what we understand by communiciations and marketing, but also on how it is actually a human and not technology-driven change. Social media is exactly that, social.

See Neil’s slides below: