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BizReport : Social Marketing : March 04, 2009
Study: Gen Y visits, doesn't join branded networks
According to a recent study Generation Y continues to be a question mark when it comes to social marketing. Researchers with the study found that while Generation Y visits branded or fan pages on social networks less than half actually join those sites. While visits are good, many marketers are banking on these consumers joining in - and buying more products later.
The study, from The Participatory Marketing Network (PMN) and Pace University's Linden School of Business' Interactive and Direct Marketing Lab, found that 62% of Gen Y consumers have visited a branded or fan page within a social network but only about 48% actually join the sites.
And there is one more mixed message from these consumers: while more than 80% notice social network ads 74% reporting 'infrequent' clicks and 36% report not clicking on ads at all.
Although these percentages are not horrible, it is an indicator that Generation Y is still not being engaged in the social marketplace. All is not lost, however. Researchers found that those who are joining these branded sites are doing so for product updates (67%), to view promotions (64% and to view or download content (41%).
There is one more encouraging find: Generation Y consumers do report a willingness to join a separate social network in order to manage brand interactions (51%).
Tags: branded microsites, branded social network pages, social marketing
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