31 January 2012

Facebook Likes Ain't All They Were Cracked Up to Be

"Advertisers use Facebook Likes as a kind of social media “Nielsen rating,” but the ratings are disappointing. Only slightly more than 1% of Facebook users who “Like” brands like Procter & Gamble or Coca-Cola actually engage with the brands, finds marketing researchers Ehrenberg-Bass Institute. Engagement can include viral marketing, like posting a clever ad from YouTube," reports Media Buyer Planner. "As AdAge describes, the Institute used one of Facebook’s metrics, “People Talking About This,” to track likes, posts, comments and so forth about the brands. The Institute tracked the metric for 200 top brands over six weeks. What they found is that 1.3% of those who like a brand bother to discuss, share or otherwise engage with the brand. They click the  Like button for the brand, then largely forget it." Read more.

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