Facebook Flops in Customer Satisfaction, Wikipedia Wins
Though Facebook is the dominant social media platform, consumer satisfaction with the industry giant is low—with users citing concerns over privacy, security, technology, and advertising—whereas satisfaction with nonprofit Wikipedia is more favorable, according to a survey from ForeSee Results for the American Customer Satisfaction Index (ACSI).
Wikipedia also generates consumer activity: 10% of Wikipedia users have purchased products of services that were recommended on the website—an impressive number for a site that actively polices and prevents blatant marketing efforts.
Still, with some 500 million users worldwide, Facebook represents a huge commercial opportunity: 16% of Facebook users have sought recommendations for products and services on the site and 12% have purchased products that were recommended.
Below, other findings from the 2010 Annual E-Business Report for the ACSI, which ranked customer satisfaction across e-business categories, including social media, search, and news portals.
Low Social Media Consumer Satisfaction
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At this point, I don't think customer satisfaction's a major concern for Facebook because, despite all privacy concerns, users still find the service valuable.
Moreover, "16% of Facebook users have sought recommendations for products and services on the site" might not seem much, but for Facebook and companies that places ads there it means 80 million eyeballs.