Do you speak Spanish? If yes, you should definitely have a look at the following study conducted by IZO, a specialized consultancy firm in Customer and Social Media Experience Management. Check http://www.izo.es/twitterengage/ for the website or http://www.izo.es/twitterengage/informe-twitter-engage.pdf for the pdf. For those who can’t read Spanish, we have been so kind as to summarize the most important findings of the study in this blog post. You can thank us later!
IZO analyzed the Twitter behaviour of 75 of the biggest Spanish companies in the most important economical sectors. 76% of these companies are present on Twitter and taken into account for further analysis. Some basic findings:
Why do companies tweet?
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To inform and communicate (82%)
- To launch promotions and special offers (67%)
- To maintain and create customer relationships (60%)
What do companies tweet?
Companies tend to tweet mainly about themselves. Less than 1 out of 10 Tweets is a RT, and only 27% of the Tweets are conversations. Even worse: 30% of the companies involved never engaged in conversation using an @mention during the study!
This self focus is also reflected in the number of followers and friends: while 46% of the companies have over 1000 followers, the same percentage follows less than 100 users. 13% doesn’t even follow anyone! There’s a big gap between the average number of followers and friends: 2556 versus 924. One giant piece of advice for companies: Talk less and listen more!
Which companies are tweeting?
Fashion and tourism&transport companies showed the highest penetration on Twitter: all of the companies in the study were active on Twitter. The lowest penetration was found among distribution and insurance companies: respectively only 38% and 54% of the sample in these sectors was active on Twitter.
But let’s not forget that creating an account is only the first and the easiest step. The quality of the account is more important than the existence of it. Regarding conversations, it’s Telco that turns out to be the best student of the class: 56% of their Tweets were replies. Automobile, Energy and Banking are less conversational with less than 20% replies, besides some exceptions.
What about InSites’ Ultimate Twitter Study?
We are looking forward to compare these results with our own, and we hope to gain some extra insights out of the Ultimate Twitter Study by using a broader research method and a bigger sample.
- We will run text analytics on the corporate Tweets, but also on the @mentions sent to those accounts.
- We will compare the results from this text analysis with those from a survey completed by conversation managers, to check whether what companies say is the same as what they actually do. Next to that, we will also match the results from the surveys completed by conversation managers (companies) with those of the ones completed by consumers. Do companies do what consumers want?
As I said before, we are really looking forward to the results and implications of our Ultimate Twitter Study, and we hope it will inform, interest or surprise you too.