Social Media Marketing 2010 Wedding Industry(2)

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The wedding industry in the U.S. is a $72 billion dollar industry in which only a few are profiting from because the remainder have yet to realize that social media has leveled the playing field - allowing everyone to compete and succeed in any economy.

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  • 3mil businesses 5mil users where are you?
  • Social Media Marketing 2010 Wedding Industry(2)

    1. 2.   Welcome to the  World of Socialnomics TM
    2. 3. Social Media ROI - Return on Investment 300,000+ businesses have a presence on Facebook Over 4.5 million people on facebook with 10 million joining each day. Where Are You?
    3. 4. Social Media ROI - Return on Investment Did you notice...   +18% increase in company sales  with social media - 6% for companies without
    4. 5. Social Media ROI - Return on Investment Websites...when was the last time you visited your website? Do you have a blog? Are you blogging? Why should you blog? 133,000,000 number of blogs indexed by Technorati since 2002 346,000,000 number of people globally who read blogs
    5. 6. Social Media ROI - Return on Investment Still wondering...   Why should you blog? Let's ask Dell
    6. 7. Social Media ROI - Return on Investment November 8th, 2006                                       Why Dell doesn't understand blogging August 8th, 2007   Dell came through, thanks to my blogging , and replaced my laptop with a brand new Inspiron 1501 Today - 2010... The company (Dell) blogs with a real human voice that makes them accessible and open in five languages (including Norwegian, because a talented employee wanted to do it).
    7. 8. Social Media ROI - Return on Investment I have heard it a million times … “No one is making money on Twitter.”  “Twitter isn’t ready for business.”  Obviously, Dell saw something these nay-sayers did not. Within two-years, Dell used Twitter to generate $6.5 million in orders for PCs, accessories and software.  Dell’s Twitter account, DellOutlet, has grown to almost 1.5 million Followers.  In fact, Dell is so confident in using Twitter as a sales tool that there are currently 34 official Dell twitter r accounts maintained by 100 Dell employees spanning multiple divisions and global territories.
    8. 9. Social Media ROI - Return on Investment   $6.5   million dollars in sales!   34 twitters accounts -  all free! 100 employees $2,000,000 maybe?
    9. 10. Social Media ROI - Return on Investment Ford    Volkswagon        Zappos            Naked Pizza...   and YOU!
    10. 11. Social Media ROI - Return on Investment Average $ spent on a wedding...$20,000.Multiply that out by the number of weddings each month and you get an astronomical figure!!! 2.3 million couples wed every year in the US . That breaks down to nearly 6,200 weddings a day or 43,400 per week or 173,600 per month.
    11. 12. Social Media ROI - Return on Investment $72 billion per year is spent on weddings
    12. 13. Social Media ROI - Return on Investment the average age of a bride in the US is 25.3 average age of a groom is 26.9 average number of guests invited to a wedding is 178
    13. 14. Social Media ROI - Return on Investment Wait, there's more! $19 billion per year is spent on wedding gift registries over 91 percent of all to-be-weds register for gifts. The couple receives gifts from an average of 200 guests most wedding guests spend between $70 and $100 on a gift
    14. 15. Social Media ROI - Return on Investment   $8 billion per year is spent on honeymoons  with the average honeymoon budget is $3,657
    15. 16. Social Media ROI - Return on Investment More industry specifics... 80 percent of weddings are performed in  churches or synagogues
    16. 17. Social Media ROI - Return on Investment • 99 percent of newlyweds take a honeymoon • t he average couple will spend three times more on their honeymoon than a regular vacation • 40 percent of honeymooners will travel within the United States, about 60 percent will travel to a foreign country • honeymoons usually last 7 to 9 days • the most popular destinations are Las Vegas, Hawaii, the Caribbean, and Jamaica
    17. 18. Social Media ROI - Return on Investment Are you seeing any opportunities here? They just need to be taken advantage of...
    18. 19. Social Media ROI - Return on Investment And with the leveling of the playing field through social media and social media marketing, surely you can take part substantially in a $72 billion a year industry.
    19. 20. Social Media ROI - Return on Investment It's time to get your  game on!
    20. 21. Social Media ROI - Return on Investment The bend in the road  is not the end of the road  unless you don't make the turn. Wishing you success in 2010.                -Jaymes Grace
    21. 22. Social Media ROI - Return on Investment For more information on Social Media Marketing in your industry email me directly at JaymesGrace@gmail.com Or visit or fan page at JaymesGrace.com or our website by the same name - www.JaymesGrace.com

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