AmCham Macedonia Fall 2014 (Issue 43) | Page 31

ANALYSIS Social media gets down ... continued from page 7 This a tool that helps brands seed their messages via social media users, since people are likely to listen to their friends than an official brand message,” says McCann’s Pesevska. What about the company website? For the last 20 years or so, companies the world over have poured big time and money into building and maintaining their individual websites. It seems like that is rapidly becoming unnecessary since fewer and fewer people are likely to visit them. According to the “Wave 6” study, consumers are moving “away from increasingly siloed brand websites, viewing them as specialist or one dimensional experiences compared to those offered by social media.” The study shows a 13% decrease in visits to single brand websites, a trend expected to continue. And this downward trend was most obvious among 16-24 year old survey respondents. Allweb’s Buldioski says that he wouldn’t recommend that companies eliminate their websites. “That is the brand’s home, where you can do whatever you want. The brand owner sets the rules there, so you’re in control. But brands do need to find ways to make their sites more social and give users a fresh experience, which takes some research, time and other resources.” The business case Akin to the rather sudden importance of launching a company website in the mid-1990s, the shift toward social media for marketers is about remaining relevant to the next generation of customers, who have different expectations and habits than their predecessors. As with any paradigm shift, companies will need to invest resources to learn about, test and finally change current practices in order to adapt to the new reality. The shift to social media for companies could reduce costs for everything from providing customer support to recruiting new employees. After all, social media offer companies direct, electronic communication with potential and current clients, employees and partners. This should translate to a significant reduction in resources applied to other channels meant to achieve the same ends – think call centers, brick and mortar storefronts and the like. It should also mean an exponential increase in the effectiveness and reach of their current efforts for a fraction of the traditional cost. Winning with Customers ... continued from page 12 It is also more efficient, with a measurable ROI that offers an organic way of promoting products and helps generate leads (social netw