Posts Tagged ‘Hotspex’
Why You Might Want To Consider Having An Active Facebook Page
There is significant debate over whether creating and managing a Facebook fan page is worth the time and investment.
A recent study conducted by Syncapse and Hotspex suggests it is. In their June 2010 review of 20 consumer brands, ranging from Nokia to Secret to McDonalds, they found:
- The average Facebook fan spent $71.84 more than the non-fan on a given brand
- They are 27.7% more likely to continually use the product
- They are 40% more likely to recommend the product
- Affinity for the brand is 2.5 times that of the non-fan
Furthermore, Syncapse and Hotspex positions the average fan value at $136.38 versus a non-fan, using a formula that incorporates actual spend, loyalty, recommendation, earned media value and acquisition,
It’s no surprise that people who “like” a brand on Facebook have a greater affinity for a brand; Syncapse and Hotspex has now assigned a dollar value to it. The whitepaper can be downloaded from Syncapse.
If your audience is on Facebook, it’s time to reevaluate how you can interact with them.













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