Asia's top companies double their social media presence compared to last year - New study finds most are still focused on pushing information rather than engaging in dialogue
| Singapore, October 26 2011 - More than 80 percent of companies listed on The Wall Street Journal's Asia 200 Index have a corporate social media presence, up from 40 percent last year, according to the 2011 Asia-Pacific Corporate Social Media Study by leading global public relations firm Burson-Marsteller. Showing dramatic growth, the top companies in Asia closed the gap with Fortune 100 companies, where 84 percent of companies use social media channels for corporate marketing and communications. "The fact that twice as many Asian multinationals are using branded social media channels this year compared to last underlines the opportunity for global corporate communications on digital platforms based in Asia," said Bob Pickard, President and CEO of Burson-Marsteller Asia-Pacific. "Companies in Asia are approaching Western levels of adoption but there's a long way to go when it comes to community engagement in cultures where 'face' remains more important than Facebook." |
Key findings from the study include:
- 81 percent of top Asian companies have a branded corporate social media presence, over double the figure for 2010 and in line with the 84 percent of Fortune global 100 firms
- 31 percent of companies use at least three social media channels, up from three percent in 2010
- 19 percent of companies still have no official corporate social media presence
- 30 percent of companies use social networks for corporate marketing and communications, up from 20 percent in 2010
- 28 percent of companies use micro-blogs for corporate marketing and communications, up from 18 percent in 2010
- 62 percent of social media channels surveyed were inactive, and the same percentage of companies do
not promote their social media channels on their homepages
"Companies in Asia currently lack the perspective and resources to develop and protect their brands in a strategic, structured and measurable manner using social media", said Charlie Pownall, Burson-Marsteller's lead digital strategist for Asia-Pacific. "Asia-based corporate decision-makers expect web-based crises to impact their businesses in the next twelve months; hence we expect a much sharper focus on proactive reputation management and greater participation in online conversations going forward."
The percentage of leading companies in Asia with dedicated video sharing channels is up 50 percent over last year to 12 percent. This is still below the global average of 57 percent as found by the Fortune 100 Social Media Check-up. Video is hugely popular on the Internet and easily drives conversation, but the great majority of company video sharing channels are product marketing vehicles.
"To reach and persuade stakeholders today, it is not just the vocabulary and tone of corporate marketing and communications that must evolve," said Bob Pickard. "More important, companies must adopt a mindset that puts listening and acting genuinely and transparently front and centre. And, they must understand how to deal with negative feedback expressed publicly that could resonate and escalate."
View the Study on Slideshare
View the summary presentation on Slideshare
About the Burson-Marsteller Asia-Pacific Social Media Study
The Burson-Marsteller Asia-Pacific Social Media Study is a review and analysis of social media activity by 120 major companies across 12 markets in Asia-Pacific; Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. The companies surveyed comprise the top 10 companies per country as ranked in the 2010 Wall Street Journal Asia 200 Index.
About Burson-Marsteller
Burson-Marsteller is the leading public relations consultancy for organizations communicating in Asia-Pacific and internationally. With a presence in the region dating back to 1973, Burson-Marsteller Asia-Pacific today includes 35 offices and affiliates in 16 countries integrated seamlessly into a global network operating in 98 countries. Our Evidence-Based approach to communications provides our clients with effective, data-driven programs delivered through multiple channels and focused on tangible, measurable results. Our regional team of more than 700 professionals offers a powerful combination of local knowledge, sector expertise and global communications reach. Burson-Marsteller, established in 1953, is a leading global public relations and communications firm. Burson-Marsteller is a part of Young & Rubicam Brands, a subsidiary of WPP (NASDAQ: WPPGY), the world's leading communications services network.
|