Disconnect Between Consumers and Retailers

Today, there is a big disconnect between consumers and retailers with regard to social media priorities. In fact, consumers most want to read about deals. Yet, many firms place too little emphasis on this.

Take a look at these posts for some information on consumer expectations:

 

Disconnect Between Consumers and Retailers

Now, we address the social media disconnect between consumers and firms. Because, the disconnect must be be understood. And it must be fixed!

According to Jennifer King for eMarketer:

“Retailers produce loads of different content types for social media platforms. But are their posts in line with their consumers’ preferences? In May 2018, Survata did a survey for Sprout Social. And it found social media retailers aren’t prioritizing the types of content that consumers want. And what consumers most want — not surprisingly — is value.”

“The Survata survey found that marketers prioritize posts that tell a story (58%). Yet, about one-third (37%) of Internet users said they wanted that type of content. Meanwhile, consumers reported wanting to see posts on potential savings as they scroll through news feeds. In fact, 72% said they want posts about discounts and deals. Yet just 18% of marketers said they prioritize that kind of content.”

“In May 2018, Bizrate Insights conducted the eMarketer E-commerce Insights Survey. The results? Nearly three-quarters of Internet users consider discounts or coupons important or very important. Whenever they make digital purchase decisions. And younger consumers are the most likely to place a higher value on the offers.”

Consider these findings from the Sprout Social study. It further highlights the disconnect.

Disconnect Between Consumers and Retailers
 

This entry was posted in Online Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 7: Communicating with the Customer, Social Media and Retailing and tagged , , , , . Bookmark the permalink.

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