30.01.2014 Views

Summary

Summary

Summary

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

2.3.4. Target Market Behavior<br />

“Social media has overtaken pornography as the #1 activity on the web,” says Erik Qualman<br />

of Socialnomics. 7 There is no denying that social media had changed how businesses consider their<br />

marketing mix and new businesses leveraging on this new marketing channel. Consumers have also<br />

changed their reading habit drastically due to the emergence of social media.<br />

For the consumers on social media platform, they respond better to advertisements that drive<br />

conversations and not unidirectional message. 8 Many companies make the mistake of constantly<br />

writing about their product and services without engaging in a conversation with their supporters.<br />

Top brands and companies know this and constantly engage their fans with interesting posts and<br />

even surveys. For example, The Simpsons, which is the 7th most popular Facebook page at January<br />

2013 9 , asked their fans to submit their trivial questions for the Simpsons game. The post boosted<br />

over 6,200 “shares” and over 56,000 “likes” out of a total of 63 million fans as of 8 th Apr, 2013.<br />

Another phenomenon that Eric Qualman noted was that the “shelf life of conversations has<br />

been dramatically shortened” due to the great abundance of blogs and other social media like<br />

Facebook, Twitter and Foursquare. Back in 2000, a blog post could solicit comments for about a full<br />

week, but now, it had been reduced to three to four days. Older posts are seldom dug out and<br />

commented because they are already archived “old” news.<br />

Consumers are also less willing to log in to other platforms and prefer everything to be<br />

within the reach of their preferred social network such as Facebook. For example many artists on<br />

Wretch.cc, the blogging platform where the artist first started out, complained about the decreasing<br />

traffic that they had been receiving over the past few years, so they had shifted focus to Facebook.<br />

Even readers of Evacomics commented that they prefer to receive updates within Facebook so they<br />

do not have to leave the social media site and can keep track of their comments and replies.<br />

Consumers are also getting used to reading on the go, which means that they can carry their<br />

7 Qualman, Erik. Socialnomics: how social media transforms the way we live and do business.<br />

Hoboken, N.J.: Wiley, 2013. 207.<br />

8 Ibid., 137.<br />

9 Darwell, Brittany. "Top 25 Facebook Pages January 2013." Inside Facebook. WebMediaBrands<br />

Inc., 1 Jan. 2013. Web. 7 Apr. 2013.<br />

.<br />

10

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!