How Social Networks are changing consumer behavior

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    How Social Networks are changing consumer behavior - Presentation Transcript

    1. Nick Holmes à Court Head of Digital, Shifted Pixels [email_address] 02.9360.0777 Twitter.com/nickhac
    2. A quick survey
      • Websites
      • Online Booking Sites
      • Search Engines
    3.  
    4. Search Engines & Travel “ 88% of consumers who travel this summer will use the Internet to Research their trips” Claria Corporation Feedback Research Clickz - August 2005
    5. Search Engines & Travel “ 84% of internet users are comfortable with search engines - and on any given day 56% of people online use search engine” Pew Internet & American Life Project, 'Internet searchers are confident, satisfied and trusting' January 2005
    6. Travelers are computer savvy “ Two thirds of travelers used search engines to purchase travel arrangements” Travel Industry Association of America, 2004 Report
    7. Of people who bought online “ 82% bought airline tickets” “ 67% booked overnight accommodation” Travel Industry Association of America, 2006
    8. Why people book online?
      • Price efficiency
      • Comparison Shopping
      • Time Saving / Busy Lifestyle
      • Easy to see opinions / reviews
    9. What influences decisions? “ Following word-of-mouth, the Internet is the most used source for pre-trip travel information (used more than travel agents)” Roy Morgan, 'Online Travel continues to increase‘ Dec 2004
    10. Reviews and Influence “ In 2004, 44% of adults have rated a product, service, or person online” Pew Internet Project Data Memo "Online Rating Systems" October 2004
    11. Summary: Your customers are
        • Internet Users (more than most)
        • Researching Online
        • Purchasing Online
        • Listening to consumer created reviews
        • Actively reviewing your services
    12.  
    13. Web 2.0
      • Interaction and comment
      • 2 way medium
      • Sharing experience
      • People asking questions
      • Collaboration & Participation
    14. Web 2.0 & Social Networks
    15. Social Networks are Mainstream
    16. Social Networks = Conversations “ The web is a sea of conversations navigated by search”
    17. Social Network Conversations
      • Traditional word of mouth is enhanced, amplified and made more convenient through social networks
      • Unshackled From Time, Cant be erased
      • Hyper Connectivity
      • Examples
    18. Examples - Facebook
      • 240+ Social Networks
      • Facebook, Bebo, MySpace, Hi5, WAYN etc
      • Traditional word of mouth is amplified through social networks
      • HyperConnectivity
    19. Examples - Facebook
      • 240+ Social Networks
      • Facebook, Bebo, MySpace, Hi5, WAYN etc
      • Traditional word of mouth is amplified through social networks
      • HyperConnectivity
    20. Examples - Facebook
      • 240+ Social Networks
      • Facebook, Bebo, MySpace, Hi5, WAYN etc
      • Traditional word of mouth is amplified through social networks
      • HyperConnectivity
    21. Examples – HostelWorld.com
    22. Examples - Twitter
    23. Examples - WAYN
    24. Examples – Google Local Search
    25. When Search Meets Social
      • All experiences and opinion is available
      • Good experiences are amplified
      • Bad experiences are permanent
      • Recommendation systems gone bizerk!
    26.  
    27. Get Involved!
      • Listen
      • Learn
      • Engage
      • Add Value – Participate!
      • Create Relevant, Interesting Content
    28. Why Travel?
      • Experience the world
      • To Relax
      • For a unique cultural experience
      • For adventure
      • To meet new people
      • To escape life
      • For a special occasion (eg weddings)
      • For Business
      • Source LastMinute.com Travel Trends 2008
    29. Looking for in a Hostel?
      • Location
      • Price
      • Facilities
      • Close to friends/family
      • Good reviews by other travellers
      • Whatever I find first when im there
      • Source LastMinute.com Travel Trends 2008
    30. How to benefit from this?
      • Meet your customers needs!
      • Listen to your customers
      • Social Network Marketing
      • Add Value
    31. The Risks
      • You cant Suck
      • Badly Priced
      • You cant be evil
      • Lying will be caught out (unlike other marketing)
    32.  
    33. Get Involved
      • Search and listen
      • Be Friends with everyone
      • Answer every review
      • Participation is king!
      • Contact Me
        • 02.9360.0777
        • [email_address]
        • Twitter.com/Nickhac
      • Visit Shifted Pixels
        • ShiftedPixels.com/Blog
      We want to hear from you

    + nickhacnickhac, 2 years ago

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