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What consumers want from brands right now - Part 1
New data from Sprout Social reveals that four out of five consumers believe society is more divided today than ever before. Asked what factors contribute to society’s fracturing, 72% point fingers at government and political leaders, and over half of consumers (55%) say social media is to blame.
But despite the negativity, people remain hopeful. Hopeful that social media, for all its flaws, can actually heal society’s divisions and reconnect people with one another. Ninety-one percent of consumers believe social can connect people, and 78% want brands to use social to bring them together. Unlike partisan public figures, brands find themselves uniquely positioned to foster connections between people online.
How brands today benefit when they facilitate connection on social.
This video explains why consumers see brands as ideal facilitators of connection and how brands can establish meaningful relationships with consumers by acting as connectors first and sellers second.
I am Raj Pavi, creator of AI Insider, an AI powered SEO Tool which we use inhouse to outrank any of your competition. If you have any digital marketing assistance, please dont hesitate to contact us. Our site is www.DCDigitlas.com
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Key findings
Brands are no strangers to social. But, by and large, brands have only just begun to realize the value of truly connecting with consumers and treating social as more than a channel for promotion. Here are the top five findings from our research on the business value of building connections through social channels:
People believe brands and social media can power connections. Despite feelings of division, 91% of people believe in social’s power to connect people. More specifically, 78% of consumers want brands to use social to help people connect with each other.
Social is the number one channel for brands to connect with consumers. When asked which communication channels give brands the best opportunity to connect with their customers, survey respondents ranked social media as number one.
Connection breeds loyalty and bottom line growth. Investing in relationships with consumers directly impacts business revenue and strengthens customer loyalty. When customers feel connected to brands, more than half of consumers (57%) will increase their spending with that brand and 76% will buy from them over a competitor.
Real people are the key to authentic relationships. Consumers want to learn more about the people behind their favorite brands. Seventy percent of consumers, for example, report feeling more connected when a brand’s CEO is active on social. Additionally, 72% of consumers report feeling similarly when employees share information about a brand online.
People want brands to connect them to other people. And they don’t mean only those with similar mindsets. Sixty-two percent believe social can unify people of different backgrounds and beliefs, and more than half (52%) expressed interest in connecting with individuals different from them.
Connection is the new currency
Our newsfeeds today overflow with constant breaking news stories and examples of leaders pitting one group against another. All the political strife can make it a challenge to find a true connection. But while 72% of consumers cite government and political leaders as playing a significant role in dividing society, people have a much more favorable outlook when it comes to brands.
Their expectations for brands are high. Consumers expect brands to serve as connectors, whether that means fostering connection with their own customers or bringing together people with different perspectives. In fact, nearly two thirds (64%) of consumers want brands to connect with them, while just under half (49%) expect brands to bring people together toward a common goal.
But what defines a connection between a brand and consumers?
For starters, it’s not just about a brand’s popularity. Metrics like audience size and pageviews matter, but they say little about consumer sentiment or why someone stays loyal to a particular company. A growing number of followers, for example, doesn’t reveal why someone feels an attachment to a specific brand or if a shopper is truly loyal to one business over another.
When asked to reflect on their relationship with brands, two thirds of consumers equate feeling connected with trust. Furthermore, 53% of people say they feel connected when that brand’s values align with their own. And more than half (51%) say their relationship with a brand starts when they feel the brand understands them and their desires.
Of all the communication channels available to them, consumers point to social media as providing brands the greatest opportunity to truly connect with their audiences. Other effective channels for connection include TV/radio advertising, email and direct mail to consumers’ homes. Social ads round out the top five.
Category | None |
Sensitivity | Normal - Content that is suitable for ages 16 and over |
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