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Brands must look beyond the like icon

Garnering likes on social media does not always impact brand value

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S Swaminathan
Brands spend millions of dollars generating ‘likes’ and creating thousands of followers for their brands online. Two questions marketers are confronted with are: What is the true value of a ‘like’ on, say, a platform like Facebook and how does one measure the value of a ‘like’ in terms two specific metrics, brand affinity/preference and brand purchase intent/loyalty. The answers to these questions are not easy and building attribution for such scores is extremely complex. 

In a recent study by comScore and Facebook, it was found that people who liked the Starbucks Facebook Page or who had a friend who
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