SlideShare a Scribd company logo
Impact of Social
Media
Zach Leeper
Marketing Standpoint
Marketing - the action or business of promoting and selling products or services, including
market research and advertising.
Key Points -
● 50% of world population is under the age of 30
● 96% of millennials have joined a social network
● Bigger the market, Bigger opportunities
● Marketing increases sales when done properly
● Appeals to a target audience
Years to Reach 50 Million Users
Radio - 38 years
Television - 13 years
Internet - 4 years
Ipods - 3 years
Facebook had over 200 million users within its first year.
Social media is the quickest way to reach a broad spectrum of people.
Facebook
Facebook alone tops google for weekly traffic and google is the most visited search engine.
The fastest growing demographic on Facebook is Women aged 55-65
71% of Americans use Facebook
Currently has 2.6 billion users
If facebook were a country, it would be the largest country in the world.
Education/Workforce
We are getting to the age where kids are becoming technology fluent at a very young age
The U.S. Department of Education stated that kids learn faster and out preform kids that took
traditional face to face classes.
80% of companies use social media to recruit employees
Social Media Has Many Benefits
1-8 couples married in the U.S. met through social media
Universities has stopped using emails and use social media to reach their students
Market to whoever has social media (Which is Millions of people)
Advertisements spread faster online than word of mouth
Bloggers
34% of bloggers post opinions of company products
This is free advertisement of your product. Just hope you have a good product
Blogging shows/Streams are the most watched videos on YouTube and YouTube is the second
most used search engine behind google.
Advertisements out, Social Media Is In.
Advertisements on commercials and other forms of ads are becoming outdated.
Not only are they becoming outdated, they are becoming untrustworthy.
78% of consumers trust peer recommendations vs only 14% trust advertisements
Advertisements cost Millions of dollars, let people review your product for free with Social
Media
Technology
Technology has made its way into the market and it is here to stay
Kindle outsold paper books on Christmas
24 out of 25 of some of the largest newspaper companies are recording record low numbers
Conclusion
With as many users that social media has it makes great sense to use more social media.
When you use social media your market opens up so much which gives you a lot of potential for
growth and new customers.
With social media you can also hire a staff to run a social media page and answer direct
customer questions. Social media and great customer service can be one dynamic duo. With
this staff you can also monitor customer reviews and correct the product or market differently.
“We don’t have a choice on whether we do social media, the question is how well we do it” - Erik
Qualman

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Impact of Social Media

  • 2. Marketing Standpoint Marketing - the action or business of promoting and selling products or services, including market research and advertising. Key Points - ● 50% of world population is under the age of 30 ● 96% of millennials have joined a social network ● Bigger the market, Bigger opportunities ● Marketing increases sales when done properly ● Appeals to a target audience
  • 3. Years to Reach 50 Million Users Radio - 38 years Television - 13 years Internet - 4 years Ipods - 3 years Facebook had over 200 million users within its first year. Social media is the quickest way to reach a broad spectrum of people.
  • 4. Facebook Facebook alone tops google for weekly traffic and google is the most visited search engine. The fastest growing demographic on Facebook is Women aged 55-65 71% of Americans use Facebook Currently has 2.6 billion users If facebook were a country, it would be the largest country in the world.
  • 5. Education/Workforce We are getting to the age where kids are becoming technology fluent at a very young age The U.S. Department of Education stated that kids learn faster and out preform kids that took traditional face to face classes. 80% of companies use social media to recruit employees
  • 6. Social Media Has Many Benefits 1-8 couples married in the U.S. met through social media Universities has stopped using emails and use social media to reach their students Market to whoever has social media (Which is Millions of people) Advertisements spread faster online than word of mouth
  • 7. Bloggers 34% of bloggers post opinions of company products This is free advertisement of your product. Just hope you have a good product Blogging shows/Streams are the most watched videos on YouTube and YouTube is the second most used search engine behind google.
  • 8. Advertisements out, Social Media Is In. Advertisements on commercials and other forms of ads are becoming outdated. Not only are they becoming outdated, they are becoming untrustworthy. 78% of consumers trust peer recommendations vs only 14% trust advertisements Advertisements cost Millions of dollars, let people review your product for free with Social Media
  • 9. Technology Technology has made its way into the market and it is here to stay Kindle outsold paper books on Christmas 24 out of 25 of some of the largest newspaper companies are recording record low numbers
  • 10. Conclusion With as many users that social media has it makes great sense to use more social media. When you use social media your market opens up so much which gives you a lot of potential for growth and new customers. With social media you can also hire a staff to run a social media page and answer direct customer questions. Social media and great customer service can be one dynamic duo. With this staff you can also monitor customer reviews and correct the product or market differently. “We don’t have a choice on whether we do social media, the question is how well we do it” - Erik Qualman