A lot of people may think that banks don’t need to have social media profiles. With the rise of mobile and online banking, banks such as Scotia Bank Jamaica and NCB Jamaica are utilizing Social Media. While they aren’t the only banks using social media, let’s see who does social media better between the two biggest names in Jamaican banking.
With 45,754 Likes, Scotia Bank Group Jamaica post frequently including pictures, texts, and links to their website. They also utilize the advertising feature that Facebook offers which helps them to get more likes. They receive quite a few comments from their fans. However, their responses to these comments (though excellent) are few and far apart.
With 15,589 Likes, NCB Jamaica Limited has a lot of ground to cover in the Number of Likes Category. However, their page has a personality that captures information inside NCB and outside in the world around them. One of their recent posts spoke about Emancipation Day. Their posts include text only, photos & links to their website. They receive quite a few comments under their posts & on their page, most of which they respond to. They also feature a lot of giveaways which help to get new fans & keep current fans involved.
Having 4,592 followers @ScotiabankJM respond to all tweets they are mentioned in. They actively engage and assist the followers through their tweets. They tweet frequently and consistently often including links to products and photos of posters. They also show followers the 2 ladies that manage the page which gives them a sense of familiarity allowing them to match a tweet to a face.
However, they don’t seem to feature anything other than answering customer questions. There are very few tweets that are not replies (and we all know we only see replies to people we follow) which can make their page seem inactive.
Having 5,235 @ncbja has an active twitter page. Tweets are frequent and consistent. They linked their Facebook page to their Twitter account so most of their tweets are actually forwarded Facebook posts. This helps to keep major messages uniform across all platforms in addition to getting twitter followers to Like their Facebook page. . They RT & respond to tweets they are mentioned in which shows that actually keep track of their Twitter account. However, while it’s good to link your Facebook and Twitter accounts, you should have posts that are Twitter-exclusive
With 299 videos and 76 subscribers, the Scotiabank Jamaica YouTube channel features videos of commercials, special projects, sponsored events, corporate seminars & every other thing they can possibly video. Their YouTube efforts are commendable. However, there is very little integration of these videos into their other social media pages such as Facebook and Twitter. Additionally there is no easy to find link to their Facebook and Twitter pages on their YouTube Channel page.
With 42 videos and 34 subscribers, the NCB Jamaica YouTube channel includes commercials, videos showing internal company changes, & videos of competition winners. They also integrated their other social media account directly into their channel’s banner. However, their YouTube account is not frequently active with their last activity being 5 months ago, w think it’s time for a new video NCB.
Neither brands are on Instagram or Vine
In terms of overall followers Scotia Bank Jamaica has the edge over NCB Jamaica by a clear margin. In terms of Facebook it would have to be a tie because NCB has the better online personality & is better at interacting with fans but their 15,000+ fans are no match for Scotia Bank’s 45,000+ fans. In terms of Twitter Scotia Bank wins. Scotia responds to mentions which is a big thing to twitter followers (who WILL unfollow you if you don’t reply to them) and their personality is felt (especially with them telling us who we’re talking to). NCB’s Twitter account was too robotic, especially because of the lack of supplementary tweets to add to the Facebook-post-turned-tweets. In terms of YouTube, while both Scotia & NCB have very few subscribers, Scotia Bank wins hands down. They have more views and are FAR more active (come on NCB… “Last Active 5 Months Ago” ???).
That means that overall Scotia Bank Jamaica does social media better when compared to NCB Jamaica.
However, to be quite honest both Scotia and NCB have a far way to go in terms of efforts.
Stop relying on the fact that you have a lot of customers. You need to be more hungry for fans, followers, subscribers. Integrate all your social media pages and give them all equal attention. Respond to comments on Facebook frequently and consistently (not just when you see or you feel like it). Tell the 2 ladies managing your Twitter page their doing a great job, but they need to find ways to get more followers (which I know is easier said than done). Invest in your videos a bit more. Better quality. Better editing. YouTube could be what makes Scotia unique among all other banks capitalize on that.
Your efforts are excellent. However, when it comes to social media, the turtle doesn’t win the race. Your strategies are excellent but the fans won’t come to you, you need to go to them.