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This is an abridgedpublic version
oflearningsprepared for theWorld Federation ofAdvertisers.Full report is available on requestto WFA members:http://www.wfanet.org/en
Some background • Challenge posed
by WFA’s Digital Network • MB & Dynamic Logic agreed to help • Not about an arbitrary $ figure for media/ sales value • All about how to build brand and optimise fan pages• Bespoke reports already with participants – this report is an abridged overview of findings for industry learning • Many thanks to all WFA members who took part
Unique two phase research project:
combining two perspectives Phase 1 Phase 2Marketers Brand Fans• How are they approaching • How and why are they the use of social media? using brand fan pages?• What do they expect from • Are fan pages improving social media? brand opinions? How?
Listening is key to success
Ignoring social Thoughtfully integrated Jumping on media, program bandwagon — staying out of game "must be there"• Less relevant/current • Ability to listen to • Consumers see right and trustworthy consumers and through this — and it • Complete loss of understand their needs kills credibility control (consumers • Consumers co-own • Traditional marketing define the brand by the brand and approaches alienate themselves) evangelize consumersSource: Firefly Language of Love
Phase Two:Learning from ourbrands’ fans•
24 fan pages from large companies• Categories included confectionery, alcoholic and non-alcoholic drinks, personal care and telecommunications• US, UK, Australia, France, Germany and Sweden plus some global
We spoke mainly Visitors 5%to
existing fans... Fans 95%Virtually all page visitorscompleting our surveyswere registered fans. Fan Tenure (%) More than a year 9They had typically been 7-12 months 11registered for 3-4 4-6 months 20months. 2-3 months 32 Less than a month 19 Registered today 9
Bigger fan pages generally rated
betterBut number of fans doesn’t tell the whole story High Correlation: 0.28 FanIndex Rating Low 0 500,000 1,000,000 1,500,000 # of Fans
The FanIndex rating is a
compositemeasure Recommendation Overall opinion likelihood “Very favourable” “Very likely” FanIndex Rating Attention to brand Revisit likelihood posts “Very likely” “Pay a lot of attention, read them regularly”
We diagnose drivers of the
FanIndex ratingand then assess impact on brand measures Fan page Impact on attributes brand equity Impact on Fan page FanIndex brand content Rating appeal Benefits of Impact on being a fan engagement
Most pages we assessed aredelivering
well on trust Fan page attributes (agree strongly) % Easy to use and navigate 55 Trustworthy source of information 48 Clear and uncluttered 45 Fun and engaging content 43 Useful information 42 Stylish design 39 Wide variety of information 37 New and innovative 36 Information I was looking for 35
The Language of Love has
taught us:maintain trust through transparency Transparency Expertise Authenticity Familiarity Likeability TrustSource: Firefly Language of Love
Appear asnews, never They must
provide me with information,advertising. good knowledge about the brand so that I could share that with friends like an ‘expert’ -Male, 19Keep themguessingabout whatcomes next...
Fans most value news &
information;also contests and offers Fan Page Benefits (Top Box) % Latest news about the brand 62% New product information 61% Contests and giveaways 58% Sales, discounts, coupons and special offers 55% Allows me to show I like the brand 47% Enjoy reading other people’s thoughts and ideas 45% Access to free downloads and virtual gifts 41% I enjoy feeling part of a brand community 34% Allows me share my thoughts and ideas 32% It gives me a sense of status 13%
More frequent posts tend to
result in a betterFanIndex rating High 3 2 1 FanIndex Rating Correlation: 0.46 4 5 0 10 20 30 40 50 60 70 Low # of Posts
Checklist Contests/ Giveaways New product
Expected info Fun Expected Differentiator Variety Community Differentiator DifferentiatorRegular posts Expected Offers Trustworthy Expected brand news Expected Innovation Interaction Differentiator Differentiator
Conclusions• Fans pages of all
sizes can build equity and engagement, but as expectations increase, brands have to keep pace• Check your page against our expected checklist• Then differentiate by going the extra mile in a way which will achieve your specific brand objectives• Post and comment frequently. Beware campaign mentality: fan pages that ‘go quiet’ can have a detrimental brand impact• Commit considerable resource: community managers?
Further researchWhile this study has
provided some fascinating initialinsights, there is still much to learn. Millward Brown andDynamic Logic hope in future to extend this work withpartners to explore areas such as:• How responses to fan pages vary by category, country, user type• How attitudes to fan pages change over time• How attitudinal responses to fan pages link to behavioural and engagement metrics• How fan page quality relates to efficiency of fan recruitment and retention
Further informationFor further information about
this study, please contact:• WFA Rob Dreblow firstname.lastname@example.org• Millward Brown/ Dynamic Logic Duncan Southgate Duncan.Southgate@millwardbrown.com Juan Manuel Hernandez JuanManuel.Hernandez@millwardbrown.comContact MB or DL to conduct your own bespoke fan page assessment