“Consumers Combine Search, Social Media For Purchasing Decisions”
Posted by Joe CannonMore and more consumers are turning to the internet as part of the purchase decision journey. This article, “Consumers Combine Search, Social Media For Purchasing Decisions” (Inc., February 25, 2011) describes findings in a 10 page report titled “The Virtuous Circle: the Role of Search and Social Media in the Purchase Pathway” (links to the full report from GroupM Search) Some of the highlights include the finding tht almost half consumers use a combination of search and social media as part of their purchase decisions — with most of these consumers starting with search and later moving to social media.
The article and report throw around a lot of percentages, but I am always wary of using the percentages that are thrown around in these studies. For one thing this sample starts with Internet users. Second, this study was conducted by a firm in the “search” business. With those qualifications in mind, you can still see that search and social media are playing an increasingly important role in the purchase decision process. I believe that our text books have too much emphasis on outbound promotional activities — like advertising and personal selling — but this report suggest we need to have more understanding of social media and search. The recent edition of Basic Marketing cranks up our coverage in those areas.

OK, here you go fell B2Bers – two B2B examples in a row. This is an interesting interview with Intel’s global search manager who explains how Intel uses search as a marketing tool. The article is probably a bit technical for the intro course, but it helps explain some of the growth trends in online spending. Check out “