Social Media Preso (2)

Social Media is Changing the Landscape for Marketers who will Face new Challenges June 2007

Consumer Generated Media Defined
Benefits
Entirely unaided
Large sample sizes
Real-time
Niche and mainstream
Audiences naturally segment according to psychographics, life stages and affinity
Blogs Message Boards Social Networks Newsgroups Discussion Forums Product Reviews Personal Web Pages 44% of U.S. online adults are content creators” (Pew Research) Any type of message, communication or media that is created by individuals and freely accessible to anyone for informational or entertainment purposes

New Communications Landscape "The power shift from media institutions to consumer communities means that marketers must track a diverse and growing range of influential voices." Peter Kim Forrester Research The Forrester WaveTM: Brand Monitoring, Q3 2006
Millions of new posts every day
Timely monitoring of consumer opinions
Analyzing impact on brands and products
Identifying online influencers
Participating in online discussions
Tracking potentially harmful issues
Coordinating message control
Interpreting content in multiple languages
The New Challenge for Marketers Bloggers Consumers Advertisers Publisher Media Bloggers Editors Journalists Consumers Are Now Actively Participating in Electronic Word-of-mouth Evangelism and Activism

The Influencers “ Consumers turning to each other online is not a fad anymore. Consumer opinions are the most valued consumer tools in a crowded marketplace.” Forrester Research CGM is the fastest growing segment of the Web, with more than 1 million new articles of content posted every 24 hours.

Consumers Trust Other Consumers
Consumers online are the most trusted source of information about brands.

The Challenges The growth in the number of blogs and the influence of social sites like MySpace and YouTube have companies scrambling to figure what it all means to their bottom line

The Challenges Brands have no meaningful way to track or understand the impact of consumer comments in these sites

The Challenges There is no effective solution for collecting content in real time to help clients influence perceptions and protect their brand

The Challenges There is no way to understand how PR campaigns are perceived in blogs to gauge results “… you cannot afford to close your eyes … they're simply the most explosive outbreak in the information world since the Internet itself. And they're going to shake up just about every business -- including yours.”

The Challenges It’s impossible to quickly access in-depth information about who are the most influential bloggers in each area

The Challenges Responding and participating in online communities is a manual process with no way to manage consistent messaging across teams

The time to pay attention is Social Media is now

Social Media Preso (2)

by Visible Technologies on Jul 26, 2007

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Social Media Preso (2) — Presentation Transcript