Franchise Update Magazine Issue IV, 2011 | Page 49

from 55 percent in 2010 to 62 percent in 2011. Not a good sign. He also found the number of visitors submitting lead forms dropped from 1.9 percent in 2010 to 1.3 percent this year. One conclusion that can be drawn from the Web.com survey: franchise recruitment websites need fresh content that provides answers and is updated regularly. Grow Market Lead For the first time, this year’s study evaluated brands on how they are using social media. Jon Carlston found there’s much room for improvement. Social mystery For the first time, this year’s study evaluated brands on how they are using social media in their franchise recruitment efforts. Jon Carlston, vice president, social development at Process Peak, evaluated each of the 110 brands. He examined how brands are providing opportunities and information through social media tools such as LinkedIn and Facebook. He found there’s much room for improvement. “Despite LinkedIn being the social network that most franchisors believe has the most direct application to franchise development, 59 percent had never updated their profile,” he says. (Kudos to the 41 percent who did.) He also found that more than half of the brands he looked at don’t mention franchise opportunities on their Facebook pages. “Given that Facebook represents the world’s biggest online audience, we were surprised to find that franchisors were not taking advantage of this to grow their systems,” he says. Franchisors must be more active in allowing Facebook fans to “take action and inquire about a franchise,” he says. Also, he recommends that franchisors should take advantage of the tools Facebook provides. “Facebook allows you to have custom-built applications on your pages to display franchise micro-sites, collect leads, and frame in map locators—all at no charge.” Can’t beat that! Stay tuned for next year’s results. n Franchiseupdate Issue I V, 2011  47