Global Social Media Checkup

The Global Social Media Check-up 2010

Methodology • The sample was the companies on the Fortune Global 100 list. The sample breaks down as follows: • 29 U.S. companies • 48 European companies • 20 Asia-Pacific companies • 3 Latin American companies. (Because of the small sample size, results for the 3 Latin American companies is included in the overall results, but this data is not broken out in the detailed analysis.) • Data was collected between November 2009 and January 2010. • “Active” accounts have at least one post in the past 3 months. • Outliers have been noted. • Data was collected by Burson-Marsteller’s global research team. Burson-Marsteller Evidence-Based Communications 2

Most Global Companies Use At Least One Social Media Platform More than one-half (79%) of the top 100 companies in the Fortune Global 500 index are using at least one of the social media platforms (Twitter, Facebook, YouTube or corporate blogs) considered in this study. Burson-Marsteller Evidence-Based Communications 3

Not Many Global Companies Use all Platforms Simultaneously Only 20% of the major international companies are utilizing all four platforms to engage with stakeholders. Global Companies Using All Four Platforms 30% 28% 25% 25% 20% 20% 15% 15% 10% 5% 0% Total U.S. Europe Asia-Pacific Burson-Marsteller Evidence-Based Communications 4

Global Companies Find Value from Engaging in Social Media Twitter is the most popular social media tool among Fortune Global 100 companies, with almost two-thirds (65%) having a presence on the social network. At least one-half are reaching audiences through Facebook (54%) and YouTube (50%). One-third maintain corporate blogs. Percentage of Fortune Global 100 Companies with... 70% 65% 60% 54% 50% 50% 40% 33% 30% 20% 10% 0% Twitter accounts Facebook fan pages YouTube channels Corporate blogs Burson-Marsteller Evidence-Based Communications 5

Those Who Are Active Have Multiple Accounts in Each Channel Global companies with Twitter accounts have an average of 4.2 accounts each, and AT&T, Nokia and Samsung have at least 15 accounts each. The number of blogs is also high, driven up by companies that have multiple blogs on their websites. Most often these blogs are all accessible from a single page on the company website, providing a consistent look and tone of the blogs, even if the subject matter of the blogs varies. Number of Accounts Per Company 5 4.2 4.2 4 3 2.1 2 1.6 1 0 Twitter accounts Facebook fan YouTube Corporate blogs pages channels Base = companies with at least one account Burson-Marsteller Evidence-Based Communications 6

Companies Recognize Value in Frequent and Sustained Engagement Many companies have high activity levels on social networking sites. The vast majority with active Twitter accounts (82%) have tweeted in the past week and at a high volume (average of 27 tweets each). Fifty-nine percent have posted on their Facebook fan pages, 68% posted YouTube videos and 36% blogged. Frequency and Volume of Social Media Participation Social Media site Frequency of Activity Percent with Activity # of posts Twitter Past week 82% 27 tweets Facebook Past week 59% 3.6 posts YouTube Past month 68% 10 videos Blog Past month 36% 7 blog posts Burson-Marsteller Evidence-Based Communications 7

Burson-Marsteller Evidence-Based Communications 8

Over 70% in the U.S. and Europe Have Twitter Presence Almost two-thirds (65%) of the Fortune Global 100 have Twitter accounts, including similar percentages in the U.S. (72%) and Europe (71%). The average is driven down by Asian companies with only 40% on Twitter; Asian companies primarily use social media to communicate with their Western stakeholders. Twitter Accounts 80% 72% 71% 65% 67% 60% 40% 40% 20% 0% Total U.S. Europe Asia-Pacific LatAm Burson-Marsteller Evidence-Based Communications 9

Companies in all Regions are Talking on Twitter The high volume of activity includes news, promotional information, product information, relevant research, customer service and, to a lesser extent, HR postings. Fortune Global 100 Activity on Twitter in Past Week Total U.S. Europe Asia-Pacific Percentage of Fortune Global 100 82% 82% 82% 84% Accounts with tweets Average Number of tweets 27 25 30 28 Burson-Marsteller Evidence-Based Communications 10

What Companies are Talking About on Twitter Deutsche Telekom Fiat UK used uses @FIAT_UK for @deutsch events and eteteleko promotions like m for Pink My Ride. announcem ents and news. The Home Depot customer care team uses @HomeDepot for customer service purposes. Burson-Marsteller Evidence-Based Communications 11

Stakeholders Want to Hear What Companies are Saying Companies in each region have an average of at least 1,000 followers for each account, with an overall average of 1,479 accounts, indicating that stakeholders want to hear what companies have to say on Twitter. Forty-two percent of global companies are being tweeted about. Particularly, almost one-half (48%) of U.S. companies are being tweeted about. Interest in Companies on Twitter Total U.S. Europe Asia-Pacific Number of Followers Per Account 1,489 1,732 1,081 1,769 Percentage of Fortune 100 Companies 42% 48% 36% 33% that Twitterers are Tweeting About Burson-Marsteller Evidence-Based Communications 12

Companies are Responding to Others While some companies are just using social media as another channel to disseminate information, many are participating in dialogue with stakeholders. Thirty-eight percent of companies are responding to people’s tweets. About one-third (32%) are retweeting comments from others, particularly American companies (41%). Corporate Responses and Retweets 60% 49% 43% 41% 40% 38% 32% 25% 23% 28% 20% 0% Total U.S. Europe Asia-Pacific Percent Responding to People's Tweets Percent Retweeting Burson-Marsteller Evidence-Based Communications 13

Companies are Also Participating Volkswagen’s @Volkswagen, run by their US PR department, engages in conversations with other users. Verizon Communication’s @VerizonCareers retweets content to help followers. Burson-Marsteller Evidence-Based Communications 14

Companies are Also Following Others Not only are companies responding to people’s tweets, they are taking the initiative to follow others, building a more symbiotic relationship with Twitter users. In general, companies have more followers than people they are following. Number of Users Companies Follow 1,000 899 871 800 731 600 429 400 200 0 Total U.S. Europe Asia-Pacific Burson-Marsteller Evidence-Based Communications 15

Companies on Twitter Have Multiple Active Accounts Often activity on Twitter is led by a sub-division of the company or a regional office, and not by the corporate headquarters. Many of the Fortune Global 100 companies have multiple Twitter accounts; Samsung has at least 18 accounts and LG has 14, both driving up the Asia-Pacific average of 5.4 accounts. Number of Twitter Accounts Per Company 7 6.6 6 5.4 5 4.2 4 3 2.7 2 1 0 Total U.S. Europe Asia-Pacific Burson-Marsteller Evidence-Based Communications 16

Companies on Twitter Have Multiple Active Accounts For example, AT&T has multiple accounts for consumer information, corporate news, local search, different communities and business information. Burson-Marsteller Evidence-Based Communications 17

Over Half of Fortune Global 100 Companies Have Facebook Fan Pages U.S. companies are the most prominent on Facebook, with over two-thirds (69%) having fan pages. A lower percentage of European companies – albeit over half of them (52%) – have fan pages. Lower percentages of Asian and Latin American companies are on Facebook. Asian company Facebook fan pages are focused on Western stakeholders, not their local audiences. Facebook Fan Pages 80% 69% 60% 54% 52% 40% 40% 33% 20% 0% Total U.S Europe Asia-Pacific LatAm Burson-Marsteller Evidence-Based Communications 19

Companies With Fan Pages are Fairly Engaged Well over one-half (59%) of companies posted on their Facebook fan page in the past week, and a much higher percentage of European companies had posts (82%). Companies in Europe also posted more frequently (average of 5 posts in the past week) compared with the overall average (3.6 posts). Most company postings are about general company news, and product/promotion news that would be targeted to consumers. Activity on Fan Pages in Past Week Total U.S. Europe Asia-Pacific Percentage of Fortune 100 Fan Pages with 59% 46% 82% 51% Posts Average Number of Posts 3.6 2.1 5.0 3.8 Burson-Marsteller Evidence-Based Communications 20

Corporate Fan Pages Have Tens of Thousands of Fans The vast number of fans per page (average 40,884) demonstrates that people do want to engage with companies on Facebook. Number of Fans 60,000 53,941 50,000 46,400 40,884 40,000 30,000 23,971 20,000 10,000 - Total U.S Europe Asia-Pacific Burson-Marsteller Evidence-Based Communications 21

Fan Pages Provide Venues for Fans to Voice Opinions Many of the fans are active on the company pages, with 51% of the pages having “likes” from fans in the past week and 43% having fan-initiated posts. Facebook fan pages have a unique ability for allowing company stakeholders to initiate comments and present opinions in a single location for both the company and other stakeholders to see. Many comments are positive (i.e., “Love this!”) and some are specific complaints about products (many with company responses). Facebook Fan Activity on Corporate Fan Pages Burson-Marsteller Evidence-Based Communications 22

Fan Pages Provide Venues for Fans to Voice Opinions Vodafone UK’s 183,532 fans “like” and comment on posts. Target has 879,613 fans who like to interact and post on the company’s page. Burson-Marsteller Evidence-Based Communications 23

Companies Have Multiple Fan Pages As with Twitter accounts, some companies have multiple fan pages. Within one company there may be fan pages managed by different parts of the company, such as a regional division, a product division, or a research division. Asia’s average is driven up by Sony which has at least 15 fan pages. Number of Facebook Fan Pages per Company 6 4.9 4 2.1 1.9 2 1.6 0 Total U.S. Europe Asia-Pacific Burson-Marsteller Evidence-Based Communications 24

Companies Have Multiple Fan Pages Sony has different fan pages for different products and divisions. Burson-Marsteller Evidence-Based Communications 25

U.S. Companies are Most Likely to Have YouTube Channels Fifty-nine percent of U.S. companies in the Fortune Global 100 have YouTube channels compared with 52% in Europe, 35% in Asia-Pacific and 33% in Latin America. Entertainment/electronics and auto companies are most likely to have YouTube channels. Proportion of Companies with YouTube Channels 70% 59% 60% 50% 52% 50% 40% 35% 33% 30% 20% 10% 0% Total U.S. Europe Asia-Pacific LatAm Burson-Marsteller Evidence-Based Communications 27

Companies are Actively Adding Videos to Their Channels The majority of companies (68%) with YouTube channels have added videos in the past month. YouTube Activity in the Past Month Total U.S. Europe Asia-Pacific Percentage of Channels with 68% 77% 62% 71% Posts Average Number of Videos 10 12 10 5 Posted Burson-Marsteller Evidence-Based Communications 28

Viewers Want to See Videos from Companies Viewers are actively watching corporate videos. There was an average of 38,958 views per video channel. Many viewers also maintain a relationship with the company via YouTube, with an average of 452 subscribers per channel and 54% of the channels boasting comments from viewers. Viewer Activity on YouTube Total U.S. Europe Asia-Pacific Subscribers Per Channel* 452 576 389 383 Video Views Per Channel* 38,958 49,027 19,912 73,456 Percentage of Channels with Comments 54% 50% 52% 71% from Viewers *outliers have been removed Burson-Marsteller Evidence-Based Communications 29

Global 100 Companies on YouTube Companies like BMW are frequently uploading videos to keep consumers entertained. BMW’s videos elicit comments and engagement from fans. Burson-Marsteller Evidence-Based Communications 30

Companies Have Multiple YouTube Channels Companies with YouTube channels have more than one. While Asia-Pacific companies in the Fortune 100 are least likely to have a YouTube channel, those that do (i.e., LG, Sony and Hyundai) have more than one. Number of YouTube Channels per Company 3 2.0 2 1.6 1.7 1.3 1 0 Total U.S. Europe Asia-Pacific Burson-Marsteller Evidence-Based Communications 31

Blogs Are More Popular In Asia-Pacific One-third of the Fortune Global 100 companies have active blogs. Corporate blogs are even more popular in Asia-Pacific, partly because Asian corporations are still more comfortable with online communications where they can closely manage the conversation. 60% Global 100 Companies with Blogs 50% 40% 34% 33% 33% 25% 20% 0% Total U.S. Europe Asia-Pacific LatAm Burson-Marsteller Evidence-Based Communications 33

Frequency of Blog Posts Varies Greatly Companies with blogs publish updates with a variety of frequencies. Only 11% of active U.S. company blogs had posts in the past three months as compared to 83% of European blogs and 77% of Asia-Pacific blogs. The U.S. blogs also had fewer blog posts. However, 90% of the U.S. blogs had responses from readers demonstrating that they found the blog content engaging, even if it was relatively infrequent. Blog Activity in The Past Month Total U.S. Europe Asia-Pacific Percentage of Blogs with Posts* 36% 11% 83% 77% Average Number of Blog Posts 7 3 10 14 Percentage of Blogs with Comments to Posts 76% 90% 73% 71% *An active blog was defined as one with at least one post in the past 3 months. Burson-Marsteller Evidence-Based Communications 34

Those With Blogs Have Multiple Blogs As with other forms of social media, companies that have blogs tend to have multiple blogs. Multiple blogs allow multiple voices from the company to demonstrate expertise in their specialty area. Number of Corporate Blogs Per Company 10 8.9 8 6 4.2 4 3.1 2 1.5 0 Total U.S. Europe Asia-Pacific Burson-Marsteller Evidence-Based Communications 35

An Evidence-Based Approach to Social Media Burson-Marsteller Evidence-Based Communications 36

1. Monitor Your Own – And Competitors - Social Media Presence • There are software platforms available that allow you to not only monitor content but also track influence and sentiment. • Conduct frequent searches on Twitter, Facebook, YouTube and via online search to see what your stakeholders are saying about you – and also what stakeholders find when they seek you out. • Analyze the chatter about your company. It is valuable data that can serve as a focus group of thousands to help you define your messaging moving forward. • Also, monitor what is being said about your competitors. Recognize that this information is critical to managing the company’s reputation online. • If you find corporate accounts developed by your employees, brands or business units identify the source and ensure that the account is aligned with your overall Corporate Social Media Strategy Burson-Marsteller Evidence-Based Communications 37

2. Get Top Management “Buy In” • Encourage senior management to be aware of – and, optimally, participate in social media - to foster appropriate participation by employees on behalf of the company. Setting a positive example is the best method of social media leadership. Burson-Marsteller Evidence-Based Communications 38

3. Develop a Social Media Strategy • Base the strategy on overarching business objectives. • Ensure a cohesive brand voice and corporate message. • Establish the strategy on continuous social media involvement, not just “campaigns.” The social media dialogue is on-going and your presence must be constant also. • Include resourcing and budget into the strategy that reflect a commitment to continuous engagement in and measurement of social media. • Conduct a Social Media Check-up to validate the organization’s current online positioning. From there, it becomes more intuitive to develop a strategy that meets business goals and is measurable. Burson-Marsteller Evidence-Based Communications 39

4. Define and Publish a Social Media Policy • Acknowledge that the company realizes social media is becoming a critical part of the way people communicate. • Provide parameters for employees to engage in social media on behalf of the business and define the implications around their participation. • Allow for flexibility and creativity within a framework to give employees critical guidance to leverage social media on behalf of the company. • Ensure that employees understand both the policy and the strategy and have resources available if and when they have questions Burson-Marsteller Evidence-Based Communications 40

5. Develop an Internal Structure • Ensure your employees understand both the policy and the strategy and have resources to turn to if and when they have questions. • Have a well defined structure around social media management within the organization. For some organizations that may involve one employee in the communications function who is the known manager of your social media strategy. In others it may involve a task-force approach with several employees taking responsibility for different areas. • Avoid an onerous process for your organization’s social media involvement, but have simple guidelines that are flexible within the established framework can prevent a chaotic social media presence. Burson-Marsteller Evidence-Based Communications 41

6. Contribute to the Community • Take your cues from what stakeholders seem to be asking for and let them influence your presence. For example, if consumers are asking about product specifications online, create a Twitter account with updates about new products and product hints and tips. If stakeholders are complaining about product and service issues, develop a social media channel to receive and respond to these issues. • Use an authentic personal tone and provide content that is of value to users. This involves creating content that contributes to the community and helps them meet their needs as opposed to always providing content that is marketing or promotional in nature. If your social media presence is organized and consistent, stakeholders will find you and turn to you as a resource. Burson-Marsteller Evidence-Based Communications 42

7. Participate in Good Times and in Bad • Leverage negative feedback from stakeholders as an opportunity to share the company’s point of view or set the record straight. While there may be instances where a company should refrain from commenting, in general stakeholders will be more impressed to know the company is listening to complaints and trying to rectify problems. • Develop a process in advance that defines how and when to respond to negative content or misinformation posted in social media. This may involve assessing influence of the social media site, the reach of the content, the authority of the author, or the tone of the dialogue and then deciding whether or not to proceed. • Do not leave incorrect information unchallenged. Social media content is highly searchable and can live forever. More often than not, responding provides a mechanism to “be on the record” and ensures that others who access the content also learn your point of view. Burson-Marsteller Evidence-Based Communications 43

8. Be Prepared to Respond in Real Time • Be prepared to respond to a social media crisis immediately. The social media conversation takes place in real time, and even 24 hours may be too long to address a viral chain of negative dialogue about your brand. Responding immediately can stave off reputation damage that may take months to repair. • Consider running a social media crisis simulation to put your crisis response strategy to the test. Burson-Marsteller Evidence-Based Communications 44

9. Measure the Impact of Your Social Media Engagement • Determine key metrics to track, such as numbers of followers, types of comments from stakeholders, tone of comments, in order to gauge how well your social media strategy is working. • Conduct research with stakeholders to determine how your message is coming across and if stakeholders are finding the company responsive via social media channels. • Consider social media engagement as another part of the marketing and communications mix and incorporate social media measurement in the organization’s broader measurement of overall brand reputation and sales. Burson-Marsteller Evidence-Based Communications 45

Contacts United States: Latin America: EMEA: Erin Byrne Felix Leander Daniel Jorg Chief Digital Strategist Digital Strategist EMEA Digital Practice Lead 212.614.4824 (305) 347-4392 +41313567362 Felix.Leander@BM.com Daniel.Jorg@bm.com erin.byrne@proofdigitalmedia.com www.Twitter.com/fleander www.twitter.com/danieljoerg www.twitter.com/erinbyrne Unites States: Asia Pacific: B.L. Ochman Charles Pownall Managing Director of Emerging Media Digital Strategist Proof Integrated Media 65 6829 9350 b.l.ochman@proofdigitalmedia.com Digital Strategist www.twitter.com/whatsnext Charles.Pownall@bm.com www.twitter.com/cpownall Burson-Marsteller Evidence-Based Communications 46

Global Social Media Checkup

by Burson-Marsteller on Feb 21, 2010

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Global Social Media Checkup — Presentation Transcript

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