Social Media Revolution What Matters And Why

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    Notes on slide 1

    Readers Digest just declared bankruptcy. Purchased for $1.6 billion just two years ago, that investment is now worthless This is not a matter of big media vs. Internet; it’s big media vs. small media

    Great slide capture of some of the key players so far

    About 30% of all TV ads are vaporized by Tivo today

    Favorites, Groups & Events

    Social Media Revolution What Matters And Why - Presentation Transcript

    1. Social Media Revolution Paul Gillin Author, The New Influencers Secrets of Social Media Marketing
    2. Chaos Theory
      • Small Is the New Big
      • Less Marketing is More Marketing
      • Gain Control By Giving Up Control
      • Publication Is a Beginning, Not an End
    3. From This
    4. To This
    5. Old Media Facts
      • Magazine newsstand sales off 12% in 2008, 22% in 2009
      • TV Guide sold last year for $1; Readers Digest in Chapter 11
      • 2009 TV station ad revenue down >20% ( B e rnstein Research)
      • Q2 radio ad revenue down 22% ( Radio Ad Bureau)
      • NBC prime time audience down 14.3% in the past year
      • Cost of reaching 1,000 households with 30-second TV spot in 1986: $8.28
      • In 2008: $22.65 (Media Dynamics)
      • NBC and CBS execs have publicly suggested the networks could become cable channels
      • Age of average network evening news viewer: 63
    6. New Media Facts
      • Teens watch 60% less TV than their parents. They spend 600% more time online (Arthur W. Page report)
      • Twitter membership up 1,400% last year (Nielsen)
      • If Facebook was a country, it would be world’s fifth largest
      • % of Americans under 33 on social networking sites: 67
      • % over 55: 9
      • Word-of-mouth marketing spending to hit $3B by 2013
      One-third of Americans under 40 say the Daily Show and Colbert Report are replacing traditional news outlets.
    7. Traditional communications
    8. New reality
    9. AOL Hell June 20 June 24 June 26 June 21 June 23 July 14 Today Vincent Ferrari
    10. Customer at the Center The Way We’re Going
    11. The Numbers
      • Active blogs on the Internet: 25-40 million
      • Social networks: 2,900
      • Social network service providers: >100
      • Active Facebook members: 175 million
      • Corporations with social media campaigns: >300
      • Photos on Flickr: 3 billion
      • Daily Twitter messages: 6 million
      • Pres. Obama’s Facebook friends: 5.9 million
    12. Influence 2.0 Ben Popken Editor in chief
      • 18 million monthly visitors
      • 30-40 daily articles
      • Full-time staff of seven
      • 500 references in Wall Street Journal & New York Times
      • More than 34,000 references on Digg.com
      Ed Magedson Founder
      • 30 million monthly visitors
      • 322,000 published reports
      • More than 30 lawsuits
      • Never sued successfully
    13. Meet the new influencers Philipp Lenssen Steve Hall Paige Heninger & Gretchen Vogelzang
    14. Self-Appointed Celebrities
    15. So Many Choices
    16. Tools at Your Disposal
      • Discussion Forums – tactical and impersonal
      • Blogs – The online equivalent to publications
      • Microblogs – Short, fast and frequent
      • Podcasts – Add depth, lose interactivity
      • Social Networks – Listening posts
      • Social Bookmarking Sites – Drive awareness
      • Online Video – Flexible but complex
      • E-mail Marketing – Ties it all together
    17. New Publishing Lifecycle Becomes a blog entry Feeds a podcast Stokes a white paper That gets tweeted! Begins as a tweet
    18. Publish Everywhere
    19. Promote Yourself
    20. Engage Popular People
    21. Self-Syndication Then Now Server User Search
    22. RSS Is For Machines, Not People
    23. Credibility Through Validation Source: Elliance, Inc.
    24. The Way We Were
      • Message
      • Impressions
      • Reach & Frequency
      • Retention
      • CPM
      • Recall
      • Share of Voice
      • Coverage
      • Rate Base
    25. The Way We’re Going
    26. Fiskars Swag
    27. Social Network Essentials About Me About Others Our Interests
      • Niche markets are:
      • Knowledgeable
      • Engaged
      • Responsive
      • Helpful
      • Spenders
    28. New Concepts
      • Friend
      • Friend in Common
      • Follower
      • Profile
      • Group
      • News Feed
      • Poke
      • Wall
      • Connection
      • Answer
      • App
      • Hash tag
    29. Secrets of New Media
      • Be comfortable
      • Be distinctive
      • Be brief
      • Be kind
      • Be honest
      • Be offbeat
      • Be genuine
      • Be shareable
      • Be generous
      • Be funny
    30. Be Remarkable!
    31. Be Genuine “ We want to make production values as high as they need to be to tell the story, but not so high that they get in the way of the story. If we started using typical TV commercial product shots, our audience would tune out.” Stephen Voltz, Eepybird.com
    32. Thank you! Paul Gillin 508-202-9807 [email_address] www.gillin.com Twitter: pgillin Available on Amazon or from NewInfluencers.com Available on Amazon or from SSMMBook.com
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