Since childhood my toy
store of choice has always been Barnes & Noble. The New York Times has called B&N
“by far, the largest bookstore chain in the United States,” (article)
and they are looking to expand their reach overseas in the near future. As you have probably guessed from my previous
blog posts, books and reading are a great passion of mine. Though B&N originated in 1873, it did not
open as a full-fledged bookstore under the name Barnes & Noble until 1917
in New York City (Wikipedia).
Since then, the store has grown in size and offerings. A traditional B&N will include sections
for DVDs, CDs, stationary/journals, novelty gifts, magazines
and a cafĂ© (Starbucks) in addition to books. However, it is B&N’s newest item which generates
the most buzz and the most profit: the
Nook, a tablet which offers “incredible reading and entertainment,” boasts the
website. Customers can choose from the NookHD+, HD, Tablet, Color, Simple Touch w/ Glowlight,
Simple Touch, and 1st Edition.
For the past three weeks I have used Social Mention, GoogleTrends, Twittalyzer, Facebook, Twitter and UnabashedlyBookish (BN Community blog) to follow the online exploits of the bookstore
giant and its famous Nook. Though the
Nook has a separate Facebook and Twitter page, for the purpose of
this blog, I will be focusing on Barnes & Noble’s company accounts. The purpose of my research is to see how being
such a large chain affects the company’s ability to focus on creating
relationships with and connecting to their customers.
Web presence
Barnes & Noble has done a fairly decent job representing themselves online, creating as previously mentioned, a Facebook page for both the company and one just for the Nook. They have followed the same model on Twitter, trying to connect to their customers in 140 characters or less.
Since branding is such an
important part of marketing, especially in large companies such as this, I
expected the pages to have a common theme.
Instead each is treated as a separate entity, with their Twitter account
containing no graphics at all.
In addition to their traditional social media sites, B&N
uses their website to drive sales, inform customers of new items and announce
special promotions. As they are
currently gearing up for the release of the Nook HD and HD+ on November 1st,
a graphic of the items has been on the homepage for at least the last
month. Also part of the website, UnabashedlyBookish promises new content each day, giving customers the opportunity to
engage in literary conversation with B&N staff and other customers. Spanning the six different B&N blogs, the
company maintains, there have been over 23,650 posts as of October 21st.
Data Doesn’t Lie
If we look at the company
using the online tool Social Mention over the course of three weeks, we
see steady increases in areas such as strength, going from 6%, jumping up to
23% and finally 32%. The reach also saw
a major gain, starting off at only 18% and then skyrocketing to 51% before a
final buoy set it at 62%. However,
sentiment and passion did not enjoy the same good fortune, each declining. Passion in B&N fell from 55% on October 9th
down to 35% on October 15th.
One week later on the 21st, passion had only rebounded by 1%,
leaving it at 36%. With regards to
sentiment, B&N saw a high on October 15th with a 6 to 1 positive
sentiment and then a drop to only a 3 to 1 ratio by the next week.
To see more linear
representations of the company’s sales over time, I used Google Trends to
look at the company over a 30-day and 90-day time span. (This interest was confined to United States
consumers.) Though both graphs show a
relatively high level of interest, the numbers seemed to have reached their
peak in mid-September and have been on a decline since then, with only brief
peaks. A few contributing factors may
have been the upcoming announcement of the new Nook products on
September 24th and pre-order sales for J.K. Rowling’s book “ACasual Vacancy,” released September 27th.
Looking at the Facebook page data for the company, there
has been a small increase from week to week in the amount of likes they have
received, growing from 1,468,873 likes on October 9th to 1,472,595
on October 18th. The largest
and more surprising increase came in the number of people talking about B&N,
jumping 6,726 people in just one week. While
not looking at the Nook Facebook page specifically, it is important to
note that while gaining 1650 likes, the page has dropped 5,373 people talking
about the Nook.
But what do all these
numbers translate to? Barnes & Noble
hopes it will translate to more customers engaging with them on the site so
they cannot only energize current customers, but cultivate new areas of growth
for the company. A number of posts ask
their followers to tell them what they are reading, or leave a question for an
upcoming author interview. One post on
October 5th asking B&N followers what they plan to read that
weekend received almost 1300 comments with 547 likes. A more recent post asked customers to tell
what DC comic book character they were being for Halloween, generating a number
of comments and almost 300 likes.
Unfortunately B&N has
not connected to its followers on Twitter as closely as it has on
Facebook. With 61,746 followers, the
company spends most of its time on Twitter answering customers. A trend seems to be that while positive
tweets are generally responded to quickly, angry tweets about poor customer
service or missing merchandise have to sometimes wait 2-3 days.
Looking at date from Twitalyzer for the company for the
most recent week of October 15th-21st, B&N is
categorized as a casual user. To make
more effective use of connecting quickly with customers, the company I believe
would benefit greatly from linking their Facebook and Twitter accounts so the
same posts go to both feeds. This will
also give a sense of continuity to both pages and could improve their analytics
from Twitter.
In
the coming weeks I plan to look more closely at how or if their response to
customers improves in both of their main social media sites. Since their new product is set to launch on
November 1st, it will be interesting to see if the company decides
to do any type of social media blitz surrounding the release and how they
respond to consumer issues directly following the release. Being such a large company can present a
challenge when it comes to meeting customer’s needs. If Barnes & Noble can create and sustain
a stronger online customer service response model, it will prove they are ready
to handle the groundswell and begin using it more to their advantage.