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April 17, 2013 07:29 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/UCj2rwjJ5co/
A Facebook Fan Is Worth $174, Researcher Says
A Facebook fan is worth $174 to a brand, up 28% since 2010, according to Syncapse, a social media marketing firm.
Syncapse worked with research firm Hotspex on a survey based on data collected from more than 2,000 U.S. panelists in late January and early February. The study compared Facebook fans and non-fans based and their corresponding product spending, brand loyalty, propensity to recommend, media value, cost of acquisition and brand affinity to arrive at the figure
Though $174 is an average figure, the value varies from brand to brand:
The reason, says Syncapse CEO Michael Scissons, is "what a consumer would spend on Zara vs. Coke." A higher average purchase price makes a fan more valuable. Read more...
More about Facebook, Business, and MarketingOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/UCj2rwjJ5co/
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