Smaller Companies Are Beating Larger in Social Media

U.S. Number of Social Media Followers August 2010
Small companies and businesses can sometimes feel overwhelmed at the idea of competing against big companies and their huge war chests of marketing monies. They wish there was a way to even the playing field a bit.

Enter social media.

Social media gives companies a way to reach customers cost-effectively. Instead of designing a mailer and paying postage to 10,000 customers at a cost of about $6,000, or printing a newspaper insert at a typical cost of $1000’s, a business can open a free Facebook or Twitter account, type a message and press the send button.

All you need is to know your audience, have some creativity, and make good offers.

A recent look at the number of Twitter followers and Facebook Fans of grocery stores by Pace Communications is a fun example. (see the chart at the bottom of this post)

In the grocery store battles, Walmart, Target, and Whole Foods have the most fans and followers by a large margin. We’d expect that, right? They’re big stores with big budgets able to hire the best and pay for the goods.

But I wondered about the number of fans or followers by grocer size. What if a smaller grocer is gathering a huge fan base while a much larger chain is not. If so, maybe the smaller chain is the one to watch for innovate, effective use of social media.

So, I took the liberty of tabulating Facebook fans per store and Twitter followers per store to get a feel for who is building an audience well. (see the full table below)

Per store, Wegmans (75 stores, 1,066 Facebook fans per store, 119 Twitter followers) is beating Walmart (2,906 stores) almost 2 to 1 in Facebook fans and 10 to 1 in Twitter followers.

Meanwhile, Whole Foods (279 stores) beats out every other grocer measured by more than 50 to 1 in Twitter followers per store. This includes beating out Walmart (2,906 stores), Safeway (1,486 stores), Kroger (2,470), everybody.

Whole Foods is attracting, on average, nearly 6,500 customers per store. That has got to help save on ad costs and bring in new business. Maybe there’s something we should pay attention to there.

So take heart smaller companies, social media may level the playing field. The continuing question is, how to use it well.

Grocer Stores Facebook
Fans
Twitter
Followers
Facebook
Fans/Store
Twitter
Followers/Store
Target 252 1,605,920 30,478 6,373 121
Whole Foods 279 311,717 1,793,104 1,117 6,427
Wegmans 75 79,974 8,892 1,066 119
Trader Joe’s 333 234,587 4,823 704 14
Walmart 2,906 1,584,683 32,754 545 11
Meijer 191 77,228 6,803 404 36
Costco 487 134,023 4,909 275 10
Price Chopper 119 30,761 2,304 258 19
HEB 280 34,238 4,057 122 14
Harris Teeter 157 16,363 85 104 1
Alberton’s 237 23,926 184 101 1
HyVee 204 20,067 1,796 98 9
Bj’s Wholesale 171 16,646 446 97 3
Sam’s Club 567 41,611 3,456 73 6
Safeway 1,486 98,203 3,195 66 2
Giant Eagle 174 9,647 2,331 55 13
Marsh 104 4,225 345 41 3
WinCo 70 2,530 3,004 36 43
Food City 105 3,511 43 33 0
Lowes Foods 107 3,263 1,356 30 13
Pathmark 143 4,047 38 28 0
Ingles 202 5,514 1,840 27 9
Food Lion 1,604 34,221 2,221 21 1
Weis 165 3,475 219 21 1
Brookshire’s 155 3,153 443 20 3
Publix 1,012 16,957 63 17 0
Kroger 2,470 24,391 3,354 10 1
GFS Marketplace 117 1,071 380 9 3
Save Mart 244 2,171 1,050 9 4
Big Y 56 296 193 5 3
Winn Dixie 515 2,385 8 5 0
Fiesta Mart 50 129 44 3 1
Bi-Lo 308 501 2,847 2 9
Super Valu 252 356 302 1 1
Aldi 1,014 1,259 0 1 0
Market Basket 61 0 0 0 0
Schnucks 106 0 563 0 5
Bashas’ 131 0 617 0 5
Raley’s 134 0 1,147 0 9
Roundy’s 154 0 15 0 0
Stater Brothers 167 0 0 0 0
Smart & Final 277 0 0 0 0
A&P 408 0 0 0 0
Houchens 435 0 0 0 0