A blog for students of Professor Kagan's internet course to comment and highlight class topics. From the various channels for marketing on the internet, to multimedia and e-commerce business models, anything related to the class is fair game.
Friday, November 30, 2012
Social Media on the Rise in Retailing
This is an interesting bit of information posted in Womens Wear Daily (WWD) this morning. It shows that retailers are using social media more and more with the main focus being Facebook but a large push has been implemented with Pinterest. These platforms are obviously working for companies to be able to get to their core customers and engage them in sharing brand messages and products. Check out the statistics below -
SOCIAL MEDIA STRATEGY: According to a
BDO USA survey conducted in September and October, 86 percent of retail
chief marketing officers have included social media in their marketing
strategies, compared with just four percent of retailers back in 2007.
While Facebook was the focus of 99 percent of those who responded, one
in five said they were marketing on Pinterest this holiday season. In
addition, on the mobile front, 29 percent said the top priority were
flash sales and daily deals, while 23 percent said the focus was on text
messages. Another 20 percent said they were focused on mobile coupons.
Many retail respondents also said they were rolling out new forms of
mobile engagement, including in-store GPS and apps that provide product
reviews.
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