83% of online population, ages 13 to 54, use social media, says new Knowledge Networks report; 47% participate weekly. However, less than 5% of social media users regularly turn to these sites for guidance on purchase decisions in any of nine product/service categories. In addition, only 16% of social media users say they are more likely to buy from companies that advertise on social sites.
The study, How People Use® Social Media, was produced as part of The Home Technology Monitor™, a service that provides highly accurate views of which media technologies people own or have access to, as well as how they are integrating those technologies into their everyday lives. The research was conducted from March 10 through 16, 2009, among 502 members of KnowledgePanel®, the only online panel based on a representative sample of the full U.S. population.
“Social media use” was defined as having visited any one of 27 social sites (see list at end of release) or having used social features on other sites. Participation in social media is indeed widespread among those 13 to 54; but when Knowledge Networks asked users whether they regularly turn to these sites when trying to make a purchase decision, the highest percentages among nine categories were 4%, for travel and banks/financial services. Responses for clothes/shoes, restaurants, mobile phone services and five other categories ranged from 1% to 3% (see table).
Almost two thirds (63%) of social media users agree that ads are a “fair price to pay” for use of these sites and features; but a much smaller proportion (16%) say they are more likely to buy from advertising brands. “Staying connected” – to friends and family, as well as meeting new people – is by far what is “most liked” (54%) about participating in social media.
The study also shows that:
- 34 percent of social media users report using these sites or features more often now compared to a year ago, while 18% said they use them less
- just 1% of the total online population – and the same proportion of social media participants – uses Twitter once a week or more
- 60% of social media participants say they only access these sites and features at home
In addition, the report covers such topics as how social media use affects media choice, feelings about advertising on social media, and differences between users and non-users of social media.
“Our findings show that marketers need to be prudent and people-centric in how they approach social media,” said David Tice, Vice President and Group Account Director, Knowledge Networks. “Social media users do not have a strong association between these sites and purchase decisions; they see them as being more about personal connection – so finding ways to embrace that powerful function is key. The fact that they are using social media more now than a year ago is a strong indicator that the influence of these sites and features is here to stay.”
Knowledge Networks specializes in solving complex, high-impact problems, providing extraordinary quality and service to leaders in government, academia, and business. We work closely with clients to create sound public policies, accurate social science research, healthy consumer-brand connections, and effective marketing and advertising. We have established respected practices in government & academic studies, media, marketing, and advertising. KN excels in study design, analytics, and custom panel creation; we deliver affordable, statistically valid online research through KnowledgePanel® – the only available probability selected, nationally representative Internet panel.