Your Customers Aren't Listening

Your Customers Aren't ListeningWe appear to have a bit of a disconnect on our hands.

According to a recent study by IBM’s Institute for Business Value, there’s a significant divide between how companies want to leverage social media channels, and how their customers use them.

For example, more than 60 percent of executives surveyed believe social media will fundamentally change the way they do business. Seventy percent of executives reported that their company has at least one profile on a social media site.

However, more than half of consumers (55 percent) said they do not engage with businesses using social sites. They don’t trust them, and are worried about privacy and spam issues if they engage.

“But that’s just for prospective customers,” you say. “With my customers, I’m good.”

If that was your response as well, 70 percent of executives polled agree with you. But only 38 percent of consumers think connecting with businesses via social media will have a positive impact, and a third think it won’t matter at all.

I don’t think this means social media isn’t a viable channel for prospect and customer engagement. But it clearly implies we have a lot of work to do in order to make it more meaningful and tangible in driving customer behavior.

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Matt HeinzMatt Heinz is principal at Heinz Marketing, a sales & marketing consulting firm helping businesses increase customers and revenue. Contact Matt at matt@heinzmarketing.com or visit www.heinzmarketing.com.

Matt Heinz

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No Comments

  1. scifin on July 21, 2011 at 10:25 am

    Matt
    I agree with this article, the problem comes down to trust. Someone with a great technology or idea realizes that they do not have the resources to fight a large company.

    I think that the companies have to give a face, an executive to contact.
    This maybe beside the point, but I do not deal if I can help it with companies that have recorded telephone voice answering either.

  2. Amber King on April 29, 2012 at 10:50 pm

    Social media is one medium to engage with customers. We have to bear in mind that most of the consumers and prospects go online almost everyday. We should never take for granted the power of social networks.

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