A snapshot analysis of ireland's socially engaged banks - Twitter and Facebook

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Irish banks are now actively engaging and creating communities with their customers though social media - a very different story from 2012. This analysis compares Ireland's biggest banks and looks at key metrics to ascertain their relative success on both Facebook and Twitter. What tactics they are using to increase their "likes" and how they are using competitions and discussion on popular culture to drive conversations

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Social media has become an important way for banks to

build relationships with their customers and to reach a

younger audience.

A Snap Shot Analysis of Ireland’s Socially Engaged Banks on

Facebook and Twitter

Laura Berry - Digital Marketing Consultant

@lauram1berry

www.evolvedigital.wordpress.com

Some Key Insights• Customers are using social media for brand evaluation and

purchase options as well as customer service tool

• Banks are no longer shying away from complaints and are

acting quickly to appease disgruntled customers.

• Since 2012, marked changes in the way banks are

communicating with customers

• Edelman Trust barometer indicates mistrust in consumers in

financial institutions but sentiment is slowly improving

• Social media a transparent way for bank to re-establish this

trust

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Facebook• Key Takeaways (analysis 18.04.2014 – 02.05.2014)

• Bank of Ireland, AIB, KBC Bank and Rabodirect.ie are active

on facebook.

• Permanent TSB and Ulster Bank have facebook pages but

accounts are dormant.

• Banks are delivering customer service through Facebook,

responding to comments and wall posts and engaging with

customers with advice, competitions and comment on

popular culture.

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Comparison Metrics

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Fan Page Comparison

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Most Engaging Posts

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Most engaging

content type

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Competitive

Leaderboard

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Irish Banks Using

Twitter

The banks are creating live #hashtags for product launches,

sporting events to drive engagement

Twitter is a channel for customers to vent their frustration and

make complaints

Most successful accounts educate with news and advice – Bank

of Ireland and AIB

Most engaging accounts run Competitions rather than offers

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Twitter Account

Handles

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Top Line Account Stats

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

@ASKAIB Account

Analysis

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

@ASKKBCIreland

Account Analysis

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

@UlsterBank_Help

Account Analysis

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

@talktoboi Account

Analysis

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

Other Social Platforms

banks are using• Bank of Ireland are using Boards.ie again as

customer service tool

• Most banks have LinkedIn account to host

corporate Information and as a channel for

recruitment

• AIB have Flickr account

• YouTube popular for showcasing marketing

campaigns and product demos

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

A SNAPSHOT ANALYSIS OF IRELAND’S SOCIALLY ENGAGED

THANK YOU

LAURA BERRY

@lauram1berry