"Social Media". It's all around us. But what retailers want to know is this: "Is it effective? That is, does it raise sales?"
So, we asked, and retailers answered. Did they ever! Retailers indeed are very active with social media!
And we also confirmed that retailers – at least, those who responded to our survey – are very focused on accountability. They too keep examining "Is it working? Is it effective? Is it driving sales?!?"
The survey gathered two kinds of feedback:
- Effectiveness ratings about each social media platform (from "Very Positive!" to "Not At All");
- Comments from the survey respondents (1/3rd of whom are multi-store operators).
You can see all the findings here on The ROI site, including:
- Verbatim recaps (yes, including those smartphone typos) explaining why or why not social media is "effective" for retailers.
- Explanations behind the ratings for each platform on the key question: "How has it INFLUENCED SALES?"
- And, of course, the full results from the survey (Which promotional tools have declined in use? Is social media paid advertising being used? And more real-world insights and observations.)
We were certainly intrigued to see how and why independent retailers are using and/or experimenting with social media. We think you will be too.
Go here on The Retail Owners Institute® site for all the info.

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