Why some companies fail at Twitter

Image
IANS New York
Last Updated : May 04 2015 | 12:22 PM IST

You may find shopping at a Nike showroom or visiting Starbucks for your favourite coffee a reason to cheer you up but according to a latest study, these two brands are among those who are failing at corporate tweeting.

A data analysis by the Harvard Business Review (HBR) has revealed that among top 50 companies that handle their Twitter accounts better are American Airlines, Bank of America, Kraft Foods, Dish Network, Verizon and Facebook.

Other big names in the list are Microsoft, Wal-Mart, Intel, Kraft, Whole Foods, McDonalds, Lowes, Amazon.com and FedEx.

Starbucks share the "worst 50" space with Burberry, American Express, Allergan, Nike, Johnson & Johnson, United Health Group and Hewlett-Packard.

For the study, the team used data analysis to identify patterns and quantify degrees of engagement.

After analysing 350,000 tweets across 300 companies, they were able to pinpoint which brands are winning at Twitter and which are not.

"Social media is not merely a place for people to chat with each other and for brands to talk at their customers," the HBR report stated.

"For a new generation of consumers who get their news and form their views about the world primarily on social media, it is an essential proving ground," it further read.

Empathy is a vital component for corporate tweeting.

"In our view, empathy consists of three components: reassurance, authenticity and emotional connection. Empathy goes beyond simply solving a problem. It involves making a customer feel valued," the HBR study noted.

Why companies like Starbucks are ranked so low on Twitter?

The reason behind this may be because inquiries at Starbucks Twitter account are responded by a presumed bot that simply provides users an e-mail address, idigitaltimes.com reported.

These companies need to spruce up their social media strategies, the report concluded.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 04 2015 | 12:14 PM IST

Next Story