DEBATE ON
SOCIAL MEDIA CHALLENGES
By
Hammad Siddiqui
http://hammadsiddiquiblog.com
Email: hammadlinks@gmail.com
WE ARE CONNECTED!
   Individuals and companies are increasingly engaged
    in social media activities. Some are using it for
    advocacy, some for branding, but some still think it as
    a medium for youth to explore friendships, others feel
    it is an excellent medium for engaging people in
    debate, keep friendships and relationships alive.

   The fact of the matter is that more and more people
    are now using social media for one reason or
    another. Some have concerns and some are
    confused. Perhaps this is the due to various age
    brackets, education level and language barriers,
    demography and digital connectivity.
EARLY DAYS OF SOCIAL MEDIA
 Bulletin Board Systems
Followed by:
 CompuServe
 America Online (AOL),
Followed by:
 Lycos
 Altavista
 Dogpile
FIRST REVOLUTION

Yahoo and Yahoo Groups
&
classmates.com and sixdegrees.com
REAL THRUST STARTED IN 2000

 Launch of Linkedin
 MySpace in 2003

 and Facebook in 2004
REAL REVOLUTION STARTED IN 2008

 Twitter
 Youtube

 Blogs

 Google+

 ……………….and many more
STATISTICS ON SOCIAL MEDIA USERS

 Facebook: 955 million active users
 Twitter: over 500 million users

 LinkedIn: 174 million members

 Google Plus: 170 million

 Tumblr: 69 million blogs

 Instagram: 80 million users

 Pinterest: over 11 million registered users
CORPORATE USAGE OF SOCIAL MEDIA
   In 2012 the Fortune Global 100 are mentioned 10.4 million times per
    month with Twitter transmitting 5.6 million of those conversations. This
    represents a growth in Twitter conversations of over 700% in just 2
    years.

   Corporate YouTube channels are averaging over 2 million views.

   On Twitter 79 percent of companies are engaging via retweeting and
    @mentions.

   On Facebook 70 percent of brands are are responding to comments on
    their walls and timelines.

   In the last twelve months Google+ and Pinterest have entered the social
    networking ecosystem. Companies have quickly embraced these
    channels with nearly 50 percent of the Fortune Global 100 on Google+
    brand pages and 25 percent on Pinterest.
FOLLOWING ARE 10 PUBLIC OPINIONS ON
SOCIAL MEDIA CHALLENGES
    Information overload is a major issue for me. Too much is floating on
     social media which ultimately confuses the decision making process.
     Also I am facing a major challenge in monetizing my social media.
     There are so many options; I am unable to find the one that is best
     suited for me?

   I think, the biggest challenge with social media is how to be ethical.
    There no control on spreading rumors, abusing and threatening.

   Biggest challenge - many companies are using it and they have no idea
    why. Just because it is 'hot' or their competitors are on it. The biggest
    challenge in my opinion is educating the market to treat social media as
    just another marketing channel.

   I would say that the biggest challenge is the growing number of social
    media platforms. Off course, Facebook is the most popular one, but
    Twitter, Linkedin, Google+ and now Pinterest!
CHALLENGES CONT….
   Social media faces several challenges - most of them revolving around
    the "So what?" question.
    - We're on Twitter/Facebook/LinkedIn. So what?
    - We have a blog. So what?
    - We have 1,000 likes and 2,000 Twitter followers. So what?
    - We have a social media 'strategy'. So what?

   For companies there are three major social media challenges. First is to
    decide when to start their social media activities. Second is to decide on
    things that they should not be doing on social media and the third one is
    to decide on which social media platforms are relevant to them.

   The biggest challenge of social media is to engage my followers in
    productive discussion. They all have their timeline that might not match
    with the time when I update my social media!
CHALLENGES CONT….
   In my opinion, the biggest challenge for businesses to calculate
    Return on Investment (ROI). A number of businesses are using
    Facebook and Twitter for promotion, but they are unable to do the
    cost benefit of using social media.

   I think social media is too time-demanding. It is almost additive
    and keeps us engaged in responding to tweets that are not really
    important and can easily be ignored.

   As a large company, fake followers, and fake hits are the major
    cause of concern for us. We have recently started using social
    media for promoting our brand. But we are still not sure if we are
    getting any real benefits out of our social media activities.
    Perhaps it’s a relatively long-term investment!
I WOULD LIKE TO DEBATE:

 Is there a need for an online forum for
  conducting social media trainings?
 Will various social media companies
  collaborate in developing a curriculum for
  imparting social media training programs?
 Is there enough appetite for a commercial
  venture for training social media on common
  user and professional user level?
 What is next in Social Media?

A Debate on Social Media Challenges

  • 1.
    DEBATE ON SOCIAL MEDIACHALLENGES By Hammad Siddiqui http://hammadsiddiquiblog.com Email: hammadlinks@gmail.com
  • 2.
    WE ARE CONNECTED!  Individuals and companies are increasingly engaged in social media activities. Some are using it for advocacy, some for branding, but some still think it as a medium for youth to explore friendships, others feel it is an excellent medium for engaging people in debate, keep friendships and relationships alive.  The fact of the matter is that more and more people are now using social media for one reason or another. Some have concerns and some are confused. Perhaps this is the due to various age brackets, education level and language barriers, demography and digital connectivity.
  • 3.
    EARLY DAYS OFSOCIAL MEDIA  Bulletin Board Systems Followed by:  CompuServe  America Online (AOL), Followed by:  Lycos  Altavista  Dogpile
  • 4.
    FIRST REVOLUTION Yahoo andYahoo Groups & classmates.com and sixdegrees.com
  • 5.
    REAL THRUST STARTEDIN 2000  Launch of Linkedin  MySpace in 2003  and Facebook in 2004
  • 6.
    REAL REVOLUTION STARTEDIN 2008  Twitter  Youtube  Blogs  Google+  ……………….and many more
  • 7.
    STATISTICS ON SOCIALMEDIA USERS  Facebook: 955 million active users  Twitter: over 500 million users  LinkedIn: 174 million members  Google Plus: 170 million  Tumblr: 69 million blogs  Instagram: 80 million users  Pinterest: over 11 million registered users
  • 8.
    CORPORATE USAGE OFSOCIAL MEDIA  In 2012 the Fortune Global 100 are mentioned 10.4 million times per month with Twitter transmitting 5.6 million of those conversations. This represents a growth in Twitter conversations of over 700% in just 2 years.  Corporate YouTube channels are averaging over 2 million views.  On Twitter 79 percent of companies are engaging via retweeting and @mentions.  On Facebook 70 percent of brands are are responding to comments on their walls and timelines.  In the last twelve months Google+ and Pinterest have entered the social networking ecosystem. Companies have quickly embraced these channels with nearly 50 percent of the Fortune Global 100 on Google+ brand pages and 25 percent on Pinterest.
  • 9.
    FOLLOWING ARE 10PUBLIC OPINIONS ON SOCIAL MEDIA CHALLENGES  Information overload is a major issue for me. Too much is floating on social media which ultimately confuses the decision making process. Also I am facing a major challenge in monetizing my social media. There are so many options; I am unable to find the one that is best suited for me?  I think, the biggest challenge with social media is how to be ethical. There no control on spreading rumors, abusing and threatening.  Biggest challenge - many companies are using it and they have no idea why. Just because it is 'hot' or their competitors are on it. The biggest challenge in my opinion is educating the market to treat social media as just another marketing channel.  I would say that the biggest challenge is the growing number of social media platforms. Off course, Facebook is the most popular one, but Twitter, Linkedin, Google+ and now Pinterest!
  • 10.
    CHALLENGES CONT….  Social media faces several challenges - most of them revolving around the "So what?" question. - We're on Twitter/Facebook/LinkedIn. So what? - We have a blog. So what? - We have 1,000 likes and 2,000 Twitter followers. So what? - We have a social media 'strategy'. So what?  For companies there are three major social media challenges. First is to decide when to start their social media activities. Second is to decide on things that they should not be doing on social media and the third one is to decide on which social media platforms are relevant to them.  The biggest challenge of social media is to engage my followers in productive discussion. They all have their timeline that might not match with the time when I update my social media!
  • 11.
    CHALLENGES CONT….  In my opinion, the biggest challenge for businesses to calculate Return on Investment (ROI). A number of businesses are using Facebook and Twitter for promotion, but they are unable to do the cost benefit of using social media.  I think social media is too time-demanding. It is almost additive and keeps us engaged in responding to tweets that are not really important and can easily be ignored.  As a large company, fake followers, and fake hits are the major cause of concern for us. We have recently started using social media for promoting our brand. But we are still not sure if we are getting any real benefits out of our social media activities. Perhaps it’s a relatively long-term investment!
  • 12.
    I WOULD LIKETO DEBATE:  Is there a need for an online forum for conducting social media trainings?  Will various social media companies collaborate in developing a curriculum for imparting social media training programs?  Is there enough appetite for a commercial venture for training social media on common user and professional user level?  What is next in Social Media?