Future or Fad: Social Networks for Business Applications - Presentation Transcript
Monica Xxxx, Sastry Xxxx, Ruth Xxxx, Mary Xxxx, Christopher Xxxx. February 24, 2009 Management Information Systems Dr. Xxxx, XXX-XXXXX
Internet or mobile-based social spaces
where people can connect,
communicate,
create and share content
with others. 1
All logos are registered trademarks
Social Networks - Types
Profile
Centered on information about members
All logos are registered trademarks
Virtual
On-line, virtual interaction
Content
Centered around specific content
Social Networks – Statistics 2
ftom Joshua Levine, Business Gets Social:
Corporate Usage of Web 2.0 Explodes,
January 08, 2008
Social Networks - Function
Common elements include:
Member profile
Ability to add members to contact list
Supported interaction between members
Must join the “network”
Members share a common interest
Social Networks - Function
Business opportunities include :
Target marketing
Focused customer service
Improved employee communication channels and productivity
May be used for screening candidates for employment
Facebook - Infrastructure
Founded in February 2004
A social utility that helps people communicate more efficiently with their friends, family and coworkers
Digital mapping of a person’s social connections
Utilizes technologies that facilitate the sharing of information
No cost to sign up and people can interact with those they know and trust
Facebook - Functionality
Core site functions include “Profile,” “Friends,” “Networks” and “Inbox”
Includes standard tools such as “Photos,” “Notes,” “Groups,” “Events” and “Posted items”
You can create an application, or upload an application created by another Facebook member
Facebook - Design Technology
Uses the scripting language PHP to build dynamic pages
One of the largest MySQL installations using multi-language RPC framework
Easily connects multiple subsystems written in any language, running on any platform
It is the largest global user of the open-source caching system memcached
Facebook - Interface Design
Offers a development platform enabling companies the chance to deeply integrate with its website ( www.facebook.com ) and access millions of users
Top priority is privacy, giving users the tools to control the flow of their information
Social Networks - Sample
The Humane Society, the nation’s largest animal protection organization
The Human Society uses YouTube, Facebook and MySpace to post updates, blogs and videos
As part of its Facebook page
Visitors learn about activities through video and blog posts
As part of its MySpace page visitors
Donate using a widget
Sign a petition to end the slaughter of horses
Read about the recall of pet food on its blog
Social Networks - Strengths
Build a strong community of customers/supporters and employees
Market feedback/data collected by Facebook
Targeted advertising
Can create a business profile and special promotions
Test market new products or ideas
Social Networks - Strengths
Customer service
Provide support forum for customers
Post how-to videos for customers/users
Can use multiple mediums to promote brand awareness
Facebook, MySpace and YouTube are among the top ten most-trafficked sites in the world and in the top five in the US with 90 million active users sited for Facebook 3
Social Networks - Weaknesses
Sites are uncensored/open forum
Security
Competitors malicious activity
Dedicated resources of time and money
Uncertain future
Recommendation
Define clear strategies and objectives
Measure and understand results
Research and test the waters first
Monitor site
Gain a real understanding of the medium
Use tools such as Google Analytics or StatCounter to track traffic volume
Face to face is still more productive for internal business communication
Thank You - Questions
Footnotes
1. What are Social Networking Services, retrieved from http://fraser.typepad.com/socialtech/files/social-networking-overview.pdf .
2. Social network statistics retrieved from http://www.changewave.com/freecontent/viewalliance.html?source=/freecontent/2008/01/alliance-010808-Business_Gets_Social.html#top
3. Social network usage retrieved from Facebook fact sheet and http://www.alexa.com/site/ds/top_sites?ts_mode=global&lang=none
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