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RECAP: 5 Important Statistics For Marketers

statisticsWe know we have been overwhelming you with all the numbers and percentages and we are sorry.

To make sure you don’t forget or miss out on anything significant, we would be regularly highlighting some of the more important statistics that marketers should take note of.

Let’s start with 5!

#5. Each Negative Social Media Comment Costs 30 Customers

The stats: It was reported that for every negative customer review posted on social sites like Facebook, Twitter and YouTube, a company loses 30 customers. Viral could go both ways.

What should marketers do: Tracking social media buzz is almost as important as planning for a successful social media campaign. Prevent small issues from turning into major headaches. Rectify any problems by communicating with users. Every negative comment resolved is 30 customers saved.

#4. Grandma Online Shops More Than You

The stats: eMarketer reported that users above 65 year old are more likely to engage in e-commerce activities than any other age group.

What should marketers do: Make your website friendly to seniors by having features that make reading and navigating easy for them (think enlarged text and button size!)

#3. 4 in 10 “Friended” A Brand On Facebook Or MySpace

The stats: A large proportion of users follow a brand on Twitter and most do that because of exclusive offers. @delloutlet would be the classic example.

What should marketers do: The most obvious step is to provide offers and discounts. We have some tips prepared for you here.

#2. Marketing Spending in Recession Pays

The stats: According to the “Small Business Marketing Health Check” report from Hurwitz & Associates, small businesses that are doing well also increased marketing spending. A coincidence?

What should marketers do: Spend more (but wisely) during the recession and come out of it strong. It does not have to be in terms of dollars. Putting in time, effort and creativity could bring more returns than monetary investment.

#1 The Twitter Demographic

The stats: Twitter users are mostly college educated and fall between the age of 18 to 49.

What should marketers do: Don’t market to the wrong crowd!

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About Sarah Chong

Co-founder and editor of Penn Olson. A laid-back marketing student otherwise. Loves social media and twitters about everything! (yes even about the stranger who chants to himself) A huge Harry Potter movie fan who is extremely scared of geckos.

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