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Consumers are driving the social conversation, often revealing their intent to switch services
NEW YORK, November 19, 2015 – Brandwatch, the leading social intelligence company, today launched its Telecommunications Industry Report featuring social insights and analysis around 25 telecommunication businesses across the globe. The report findings show that telecom companies like AT&T, Verizon and Sprint all have high social visibility and while the telecom industry is fairly mature in terms of social customer service, an opportunity exists to take advantage of applying social intelligence to support other business initiatives. For the full Brandwatch Telecommunications report, please visit: https://www.brandwatch.com/reports/social-insights-on-the-telecommunications-industry/
Of note, the report revealed findings around users’ intent to switch telecom services (AT&T, Sprint or Verizon), generally peaking around brands’ major offers and campaigns. Sprint drove the highest volume of mentions when they offered the iPhone 6S for $1. DirectTV’s offer to pay customers $500 to switch to AT&T drove over 1,000 mentions. Meanwhile, Verizon actually generated more organic intent to switch over to their service despite having fewer sales campaigns – for example, their “Share a Bad Experience” social campaign generated over 800 mentions.
This type of research allows brands to identify which events and campaigns are actually creating an interest to switch services; data they can bring to the boardroom.
In comparison to other industries, telecom brands are ahead of the game when it comes to Twitter adoption and are considerably active on the social network. The Brandwatch findings showed that telecoms brands tweet 156.98 times and post on Facebook 2.44 times per day. As compared to other industries:
Brandwatch’s report revealed that for telecoms brands, the audience is not only driving but initiating most of the social conversation, controlling nearly 80 percent of the total chatter on Twitter. Yet 32.7 percent of that conversation is audience responses to brands’ Twitter posts. Meanwhile, brands are responsible for 20 percent of the conversation, consisting mainly of replies to users concerns and questions.
The methodology behind the report was to measure telecom brands across five categories: social visibility, general visibility, net sentiment, reach growth, and social engagement and content. The report was created from the analysis of over 3.27 million social conversations from Twitter, Facebook, blogs, forums and news sites, focusing on 25 telecommunication companies including, AT&T, Verizon Wireless, Sprint, DirecTV, and BT.
Other key findings include:
“Telecoms brands have been quick to improve responsiveness and lower call center costs by implementing robust social customer service programs, but they’ve yet to fully realize the potential for social intelligence to support other parts of their businesses,” said Alberto Ares, telecommunications sector lead at Brandwatch. “The good news is the industry trend is to adopt more social-driven strategy and the winning brands will be the ones infusing social insights into business operations in a nimble and actionable way.”
To download the full report, please visit https://www.brandwatch.com/reports/social-insights-on-the-telecommunications-industry/. Additionally, the fashion and luxury industry has been updated with October data in Brandwatch’s Social Indices rankings, which can be viewed here.
About Brandwatch
Brandwatch is the world’s leading social intelligence company. Brandwatch Analytics and Vizia products fuel smarter decision making around the world.
The Brandwatch Analytics platform gathers millions of online conversations every day and provides users with the tools to analyze them, empowering the world’s most admired brands and agencies to make insightful, data-driven business decisions. Vizia distributes visually-engaging insights to the physical places where the action happens.
The Brandwatch platform, ranked highest in customer satisfaction by G2Crowd in the Spring 2015 social media monitoring report, is used by over 1,200 brands and agencies, including Cisco, Whirlpool, British Airways, Sony Music, and Dell. Brandwatch continues on its impressive business trajectory, with more than 50 percent of revenues now from North America and strong tech industry backing from venture capitalists including Partech Ventures, Highland Europe, Nauta Capital, Gorkana and independent investors.
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