Will consumers spend more money when they’re exposed to a brand’s message on social media?
That’s the question Ogilvy PR’s social media practice, 360 Digital Influence, and analytics firm ChatThread sought to answer when they
looked at the spending and consuming habits of 404 fast-food customers.
The answer to this question: yes—fast-food consumers do spend more when they’re exposed to branded social media content.
According to the researchers, they will spend anywhere from two to seven times more than consumers who didn’t encounter a brand’s message on social media.
When customers were exposed to social media and another type of media, they’re spending and consumption increased even more, the study found. When social media was combined with PR, the increase was a whopping 17 percent.
Despite social media’s impact on sales, fewer people in the study (24 percent) said they had interacted with branded content on social channels compared with that on television commercials (69 percent).
You can take a look at a SlideShare presentation on the research from Ogilvy’s Irfan Kamal and ChatTread’s Dr. Walter Carl
here.
In the meantime, here’s an infographic summing up the results of the study: