A few months ago, I wrote about Vitrue’s study on the value of a Facebook fan being worth $3.60; and last week, Syncapse released a similar study and assigning a $1.36 value to a fan. The 18 page comprehensive study can be downloaded here but here are some key findings:
Product Spending: Facebook Fans spend, on average, $71.84 more than non-fans over a two-year period
Brand Loyalty: Facebook fans are 28 per cent more likely to continue using a brand than consumers who are not fans on Facebook
Willingness to Recommend: 68 per cent of fans are ‘very likely’ to recommend a product to family and friends (as opposed to 28 per cent of non-fans)
Brand Affinity: 81 per cent of fans feel a connection to the brand (versus only 39 per cent of non-fans)
Earned Media Value: Incorporating all of the above factors, the average value of a Facebook fan is $136.38 to an organization
