Traditional Shopping Crushes Online Shopping in Social Media
Over the past week, we have had two of the biggest consumer shopping events of the past year - Black Friday and CyberMonday. The media buzz about each of these artificial shopping holidays has been enormous. That caused me to ask - who won the shopping PR war, Black Friday or Cyber Monday? (Note: Schwartz has some clients that capitalized on one or both of these shopping events).
While it seemed obvious to me that Black Friday would dominate traditional media (who can resist a live shot of the lines at 3 a.m., pushing and shoving?) - what would be the case in the social media world, where there was likely a bias towards online shopping?
Last night, I used Radian 6 to conduct a quick audit. The results were surprising. Black Friday crushed CyberMonday when it came to the amount of discussion in the social media world (blogs, Twitter, etc.). The chart below tells the story:
Overall social media coverage volumes for Black Friday were much greater than CyberMonday (and the spike around the actual day was much higher as well). Aggregating data, Black Friday has 84% of the overall share of voice, with CyberMonday securing 16% (482,000 to 95,000).
That is interesting and shows that Black Friday dominated the discussion. But how did it do with key message penetration?
When it comes to promoting deals and discounts, retailers were more effective overall with CyberMonday compared to Black Friday.
Overall, 45% of CyberMonday coverage highlighted deals or discounts, while just 31% of the coverage of Black Friday highlighted deals or discounts. Much of the rest of the coverage was around opening times, lines, etc.
The channels used to communicate the deals were interesting.
Fully one in four deals were communicated via Twitter. With 52% of Black Friday Deals and 64% of Cyber Monday deals communicated on blogs.
What conclusions can we take from this?
1) Both Cyber Monday and Black Friday are very successful when it comes to generating discussion in the social media space, although Black Friday coverage was overwhelmingly dominant.
2) Retailers do a relatively good job communicating deals around both events, although as a percentage, retailers do a better job around CyberMonday.
3) Traditional and social/online work well together in retail, just like they do in public relations.
Note: For my fellow measurement purists. Variant spellings of both BlackFriday and Cyber Monday were used to catch as much as possible.
Tags: Black Friday, consumer, cybermonday, measurement
Posted by Mark McClennan on December 1, 2009 at 9:46 AM
