Study finds X banter with competitors is good for product launch
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Study finds X banter with competitors is good for product launch
""The degree to which social media engagement translates into sales has been an open question, but a new study shows playful banter can drive in-store visits.""
""The authors mean banter and not disparaging attacks; the tone must be playful, without a planned marketing strategy like the cola wars.""
""Engaging in a little banter with rival brands on social media notably drove offline sales, particularly for Popeye's after their product launch.""
""Chick-fil-A's engagement in banter with Popeye's likely boosted Popeye's sales, but did not generate a similar increase in store visits for themselves.""
A recent study reveals that engaging in playful banter on social media can drive sales, particularly evident during the 2019 interactions among Popeye's, Wendy's, and Chick-fil-A. The lighthearted exchanges led to a dramatic increase in tweets and a 54% rise in Popeye’s in-store visits. The study highlights that the key is spontaneous banter rather than intentional attacks, which can inadvertently benefit rivals. Chick-fil-A's engagement in this sort of banter likely helped Popeye's visibility, revealing the potential pitfalls of competing brands engaging online without strategic foresight.
Read at Phys
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