Go Ahead ! Ignore Social Media

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    Go Ahead ! Ignore Social Media - Presentation Transcript

    1. Go ahead !! Continue to ignore social media Richard Meyer http://www.richsblog.com Online Strategic Solutions
    2. Internet growth is amazing •  Years to Reach 50 millions Users: –  Radio (38 Years), TV (13 Years), –  Internet (4 Years), –  iPod (3 Years) –  Facebook added 100 million users in less than 9 months…iPhone applications hit 1 billion in 9 months. –  If Facebook were a country it would be the world’s 4th largest between the United States and Indonesia. –  The fastest growing segment on Facebook is 55-65 year-old females
    3. But marketers still struggle…
    4. Even though •  Social Media has overtaken porn as the #1 activity on the Web
    5. And 4 in 5 Online Adults are active in Social Media
    6. and BLOGs are an outlet for consumers voices •  There are over 200,000,000 Blogs •  54% = Number of bloggers who post content or tweet daily. •  25% of search results for the World’s Top 20 largest brands are links to user- generated content. •  34% of bloggers post opinions about products & brands Because of the speed in which social media enables communication, word of mouth now becomes world of mouth
    7. In fact word of mouth is trusted •  76% of consumers rely on what others say, while 15% rely on advertising* *Socialnomics  Quealy,  Interview:  John  Gerzema  
    8. And TV advertising is dying •  Only 18% of traditional TV campaigns generate a positive ROI
    9. But social media networks continue to grow
    10. And different demographics=different reasons for accessing social media sites
    11. Twitter growth is talked about but penetration remains low among general online population
    12. And let’s not forget that a wealth of information is available online free of charge •  Wikipedia has over 13 million articles… some studies show it’s more accurate than Encyclopedia Britannica…78% of these articles are non-English
    13. So then why aren’t marketers embracing social media????? They don’t know enough about social media and even when they implement a program they don’t how to measure it’s effectiveness
    14. Social Media is main stream and evolving •  More than 10,000 websites use Facebook Connect, a service that lets Facebook users log in to affiliated sites using their Facebook account and share information from those sites with their Facebook friends. –  About 30 million Facebook members access it through mobile devices. •  Twitter users spend 66% more dollars on the Internet than non-Twitter users*. •  LinkedIn has more than 365,000 company profiles. More than 12 million small- business professionals are members of LinkedIn. *  Comscore  
    15. But who is using social media and why?
    16. But be aware that Boomers are passing the torch •  By 2010 Gen Y will outnumber Baby Boomers….96% of them have joined a social network. •  Generation Y and Z consider e-mail passé…In 2009 Boston College stopped distributing e-mail addresses to incoming freshmen
    17. Demographic segments are changing marketing
    18. What to do ? •  Successful companies in social media act more like party planners, aggregators, and content providers than traditional advertisers
    19. But all too often •  Marketers are stuck in traditional marketing and advertising models. •  They prefer to interrupt us with irrelevant information.
    20. Stop thinking like marketers and start thinking like customers •  It’s not about great marketing anymore it’s about a great brand experience on ALL touch points from HR, customer service and products. •  If you really want customers to listen don’t talk and link people together as people not as segments..
    21. Remember your website is not about you..it’s about users Business  &  Brand   Users  needs  and   Objec0ves   wants   Successful  companies  carefully  balance  business  and  brand  objec0ves  with   user  needs  as  website  visitors  will  spend  less  than  5  seconds  on  site  looking  for   informa0on  they  need.  
    22. Things you should be doing NOW •  Website Metrics-Your website metrics should tell a story and identify opportunities for continuous improvement. Forget numbers that don’t tell a story. •  eMarketing People-A balance of a marketing background and understanding of how people use the Internet today. A person who can bridge the gap between IT and marketing. •  Update and optimize-Ensure that your website is updated and optimize it for your users based on what you learn. •  Identify social media threats-Consumers are talking about you and not all of it is nice. If you ignore it it can damage your brand.
    23. Above all •  Realize that traditional marketing is dead. •  You don’t control your message, consumers do. •  One person with a BLOG can do a lot of damage to any branding campaign you implement so identify key influencers and engage them by listening. •  Hire people who are passionate about marketing and understand the who, what, where and why of Internet marketing. •  Become a catalyst for change in your company. Let executives know what is happening but more importantly why it’s happening.
    24. Who are you? •  Rich Meyer •  20 years of marketing experience and Internet consultant who realizes that everything marketers do has to meet business and brand objectives •  My Blog's –  http://www.richsblog marketing Blog –  http://www.onlinestrategicsolutions.com My Company –  http://www. Richardameyer.com Online CV –  Twitter: Rich Meyer –  Linked In: http://www.linkedin.com/in/richardameyer

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