Your market dynamics can make or break your business — such fine margins when it comes to modern market dynamics. The rise of social media has helped the customer to become smarter and more adaptable to change. Social media research for targeting the right audience, identifying the right customer has hence become even more important.
Understanding the basic terms
Before I dive deep in to the facts and numbers, here are a few important things to understand
- The market analysis has been carried based on a primary research through questionnaires by Pew Research Center
- The target audience for the survey is American audience. The accuracy of survey results when shifted to Pakistan may slightly vary.
- The sample size includes more than 1,500 people – considered all as legal adults.
- We have only compiled the statistics available in public domain – we do not take responsibility of factual inaccuracies in the data.
- The primary goal of this article is to simplify the relative importance of various social media platforms to modern marketers.
Now that we are done with the formalities, time to proceed into the data sets. This promises to be a truly enticing prospect actually.
First Choice Social Media platform
Facebook has a massive lead when it comes to the primary choice of a social media platform. According to official Facebook data, the social network has a global daily active user base of 1.12 billion. It figuratively and literally towers above all its competitors and that’s even with considering Instagram a separate entity.
How to read the data?
79 percent of online adults, which is roughly 68 percent of all Americans, use Facebook. The numbers shown in the graph and table are not mutually exclusive. To simplify, this means that people who use Facebook also use other social media platforms.
Out of 100 individuals in a set of random people – 79 of them are aware of Facebook and use it. A staggering number by any standard indeed!
Gender, Age, and Education statistics
If you are a marketer and have a product that appeal to a particular gender, this is probably one set of information that will come handy for you.
The insights and how to read the information
- You may be confused for a second that the numbers do not add up to a full 100. Well, this is because they are not supposed to add up to a 100 in this case. Sticking strictly to Facebook as an example, out of 100 men interviewed (after sample set adjustment), 75 of them will be primary users of Facebook. Out of 100 women, 83 will be using Facebook as social network.
- Twitter almost has an even split between men and women in terms of usage. Pinterest and Instagram are heavily skewed towards women. As a marketer, if you are targeting women as your main target — now you know which social media to really invest on. I did talk about this information being super useful, didn’t I?
- LinkedIn remains the only social network where men are the majority users. This information will become even more interesting when we will compare this with the numbers of 2017.
- People over the age of 65 are comfortable with using Facebook. While Instagram, Pinterest, Twitter, and LinkedIn lose their user base, Facebook only gets stronger. A testament to the marketing genius of Zuckerberg in a way and also a key indicator for any marketer interested in the segment.
Financial stability analysis
Facebook follows its theme of dominance and almost trumps every other network with ease.
Some other key highlights:
If we delve into Facebook highlights, we can also see that major users of Facebook come from the United States. The next entry is India, and in both the case of LinkedIn and Facebook, these two countries make the top two. Despite US having plenty of issues with Mexico, Facebook is still loved in the region and Mexico is at number 5 in terms of Facebook users. This is one wall that Trump and his builders will have plenty of difficulty building, so it seems. The audience by percentage using Facebook highlights as source show
- US: 12% of the Facebook audience
- India: 10% of the Facebook audience
- Brazil: 7% of the Facebook audience
- Indonesia: 5% of the Facebook audience
- Mexico: 4% of the Facebook audience
Twitter despite its financial problems continues to grow as a social engagement platform. The survey indicates that almost 40 percent people prefer Twitter for Social Customer Service. The nature of Twitter to provide a quick response is still something that Facebook does not possess. That won’t stop Facebook from trying though, as we reported that Facebook is launching ‘Story feature’ to mimic Twitter.
LinkedIn’s About page is actually one of the most comprehensive pages that we have ever come across. It provides a great quick snapshot of the company and something that tells how clear the vision is.
We have used statistics from Pew Research Center and Facebook Analytics shared publically by the company.