We provide social media consultancy, outputs, optimisation for blue-chip clients
Nothing New Definition of a social network: A platform or place allowing people to come together and share information Nothing new
Never bigger
Facebook has 200m users
Over 1 bn accounts registered
800k+ Britons network each month via mobile
Never bigger
Evolving fast Social Space(s) Evolving fast
Future social spaces Social space(s) Evolving fast
So with all this traffic, they’re raking it in?
WRONG! Whilst revenue are high, facebook making loss despite revenues of $300m in ’08 YouTube - losing $1.65m per day. (Techcrunch) Twitter- Still no business model or real revenues Yahoo with a similar visitor volume to facebook and has revenues of over $7bn. (Yahoo) Wrong
So how can brands get involved effectively?
Embrace your audience on their terms
Engage
Empower
Enlighten
Golden Rules
For example…
3.2m views
50% interaction rate
Piggy-back
But there’s no place like home…
Or lead the way…
Racing UK brings you Race-talk.co.uk
eircom brings you SoccerRepublic
eircom brings you SoccerRepublic
And it costs a fortune, right?
Partners / sponsors
Tactical Advertising
Subscription for premium content
UGC submission
And it costs a fortune, right? Added value Real-time research / feedback Word-of-mouth advocacy Cost of standing still
Return on Investment Tencent a chinese social networking platform with a completely different business model. Tencent’s network makes $1.2 billion in revenue. Only 12% of that is from web advertising
The future: small is beautiful Niche communities built either by or with the help of corporate sponsors More professional content More engagement More fun
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