Facebook and Twitter are wastes of time and money for brand relationship marketing, concludes a report by Forrester Research. As a story in Fast Company magazine highlights, a recent Forrester study found that posts from top brands on Twitter and Facebook reach just 2% of their followers. Engagement was even worse; only 0.07% of followers actually interacted with posts. Fast Company cites this conclusion by Nate Elliott, vice president and principal analyst at Forrester: "It’s clear that Facebook and Twitter don’t offer the relationships that marketing leaders crave. Yet most brands still use these sites as the centerpiece of their social efforts—thereby wasting significant financial, technological, and human resources on social networks that don’t deliver value." So what's a better digital bet for relationship marketers? Try e-mail, which gets delivered more than 90% of the time compared with the 2% delivery of Facebook posts, Elliott advises. "If you have to choose between adding a subscriber to your e-mail list or gaining a new Facebook fan, go for e-mail every time," he writes. For the article, see http://www.fastcompany.com/3038801/brands-are-wasting-time-and-money-on-facebook-and-twitter-report-says
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