Time to get stuck into this week’s stats roundup.
This time we’ve got news about voice technology, consumer loyalty and news consumption.
Before we kick things off, remember that you can also download the Internet Statistics Compendium for lots more.
A third of B2B marketers are tracking sales from social
A new report by IF has found that 33% of marketers are tracking sales through social media, with social platforms driving sales upwards of £50,000 per month.
However, some B2B marketers are less adept at measuring social value, with 58% not rating their ability to measure social at all. More than one in 10 marketers also appear nonchalant about the benefits – 13% suggest that social media measurement is neither important or unimportant.
Senior marketers are much more optimistic, with 67% being confident that their ability to measure social will improve in the next two years, and 50% of them planning to increase resource and budget investment in the next 12 months.
More marketing teams planning to restructure in 2017
An increasing number of marketing teams are restructuring to cope with technological challenges, according to new research by Technology for Marketing, the IDM and Pure360.
In a survey, 33% of marketing teams said they expect to become more specialist in 2017, with just 3% becoming generalist in their expertise. However, just 12% of marketers said they exclusively ‘own’ the marketing technology they rely on, instead turning to partnerships with IT and external technology teams to get results.
This highlights the need for restructuring, with marketing teams having to move away from all-purpose marketing managers towards specialist roles, agencies and freelancers.
UK consumers more trustworthy of familiar brands
Outbrain suggests that UK consumers place greater trust in familiar brands, with 77% of survey respondents citing them as a reliable source of information.
In comparison, 67% say they trust content shared by their own friends on social media, while three in five people believe relevant content from even unfamiliar brands to be trustworthy.
Research also shows that consumers place more trust in traditional publishers as opposed to social media or blogs, with two-thirds of respondents believing that content from the likes of The Guardian or The Sun is reliable.
Traffic to betting websites surge ahead of the Grand National
Hitwise has analysed the key data behind last years’ Grand National, looking at its demographic in comparison to other racing events.
It found that betting websites saw a 35% increase in online traffic in the week of the race last year, with those searching for betting and racing sites most likely to be between the ages of 25 and 34.
It also discovered that people who earn over £100,000 are 161% more likely to visit racing and betting sites in the week of Royal Ascot. Meanwhile, people aged 18-24 years old are most likely to visit Sky Bet over the week of Royal Ascot, whereas those aged 55 and over are more likely to choose At The Races.
37% of smartphone owners are using voice technology
According to a new report by Mindshare, voice technology has the ability to drive a greater emotional connection with brands.
A study carried out by Neuro Insight found that emotional activity was twice as high when consumers voiced a brand question rather than typing it out. People also find it much easier to use, as 50% less brain activity occurs when processing an answer delivered by voice.
The technology is already becoming prevalent among smartphone users, with 37% using voice technology of some kind at least once a month and 18% using it at least weekly.
Reasons for using voice technology
Aldi and Lidl are struggling to build shopper loyalty
An ICLP survey has revealed that Aldi and Lidl are struggling to build consumer loyalty despite an ever-growing market share. In a survey of over 1,000 people, 37% of Tesco shoppers and 34% of Sainsbury’s shoppers felt that their custom and loyalty was rewarded. In contrast, just 16% of people said the same for Lidl and just 9% for Aldi.
Similarly, only one in four Brits believe that they get something back when they share their personal information with a supermarket. 52% of Sainsbury’s shoppers and 35% of Tesco shoppers said that they have benefited from sharing data, compared to 26% of Aldi shoppers, and 20% of Lidl shoppers.
UK retailers are failing to invest in AI and machine learning
A Qubit report on the future of retail tech suggests that the majority of brands are failing to invest in artificial intelligence, despite recognising its potential.
While 82% believe that machine learning will have an impact on the retail sector, just 48% are currently using it in their business. As a result, 82% of companies are planning to invest less than £1m to introduce new tech, while 22% are planning to invest less than £50,000.
Effective data collection appears to be hindering AI, with just a third of retailers having a strategy to collect and analyse data across all their channels.
Digital performance of luxury brands is improving
Research by ContactLab shows that there’s been a significant improvement in many luxury brand’s digital performance over the past year.
The Digital Competitive Map found that Burberry still has the strongest digital presence of 32 international fashion and luxury brands, with Louis Vuitton and Gucci also remaining stable in comparison to the previous year.
An overall 5% increase in the digital performance of 32 brands is said to be due to a focus on geographical localisation, a wider range of languages used on brand websites, and strong email campaigns. However, some are still lagging behind on social, with only half of the 32 brands using Instagram and only 10 having Snapchat accounts.
Consumer loyalty reduced by the threat of security breaches
A report by Retail Week and Cisco has highlighted the impact of data breaches on both consumers and retailers.
In a survey of 2,000 consumers, 72% said that they would be unlikely to do businesses with a company that has experienced a data breach. If their own personal data had been breached, nearly nine out of 10 respondents said they would reduce spend if the retailer did not take steps to quickly correct the problem.
Lastly, only 9% of consumers would rule out taking legal action against a company if a data breach has occurred. However, 53% said they would definitely consider it and 38% would give it due consideration.
US news consumption on the rise
Finally, a study by Nielsen has found a rise in news consumption in the US. Consumers spent 73.5bn minutes consuming news content in the average week last year – an annual increase of 18%.
Insight suggests that the rise is due to an ‘unrelenting flood of stories’ resulting from events like the presidential election. To put this into context, the typical consumer dedicated 18.5 hours to this activity a week in 2016, compared to just over 16 hours in 2012 when the last presidential election was held.
National cable television has been the main beneficiary of the rise, claiming 20 additional minutes of weekly attention in the first month of this year compared with the average from last year as a whole.