Home News B2B companies lack social media strategies
B2B companies lack social media strategies
Monday, 03 October 2011 10:23

The businesses are investing financially in social media, but are not backing this up with clear strategies to their staff.


Although B2B companies are investing financially in social media, they are not backing this up with clear strategies to their staff on the use of social media or by investing in the people resources necessary to make it work effectively.

In fact, less than 12% of organisations surveyed have full time social media teams in place, according to the new research by PwC.

Sean Mahdi, director in PwC’s digital transformation practice said: "Social media is changing the way people work, shop, receive service and relate to one another. Businesses also need to change the way they engage with customers, whose trust is increasingly invested in their peers, rather than in the brands with which they interact.

"The results of our survey demonstrate that, although B2B is investing in social media, they appear to be doing so with limited strategies that don’t fully exploit social media in the way that B2C is doing, There is evidence that sectors you might expect to be proficient in this area such as Technology and Entertainment and Media have much better tools and processes in place, but the majority of B2B organisations have much work to do to effectively use this 'new' medium to interact with their clients and customers."

Brand loyalty


The report examines the ways social media can be used not only as a tool to drive sales, but also as an opportunity to create loyalty to a brand, demonstrate transparency and responsibility in all aspects of the businesses operations and to use it as a way to participate in a two way dialogue as opposed to the traditional one way communication model.

"As embracing social media represents a significant change to the way in which many organisations interact with their customers, a social media strategy is essential. Becoming a social business requires insight on many fronts: about your customers, about what your brand stands for; and about the additional value that you can provide your customers through social media engagement," Mahdi concludes.


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