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Social Media and Co-ops
By Wade Kwon
@WadeOnTweets
What is social media?
And why is it important?
YouTube
• Videos … that's it.
• People are watching 2 billion
videos a day.
(most of them … about cats)
• Every minute, 24 hours of video is
uploaded.
YouTube
• 18-55, evenly divided by gender,
and spanning all geographies.
• What spurred greatest jump in
YouTube videos?
YouTube
• Best use: Show the value of your
co-op.
Facebook
• Life online
• 500 million users
• As seen in the movies
• The biggest social network
• Easy way to do focus group
Facebook
• Best use: Listen to and interact
with your customers.
LinkedIn
• 80 million users
• Resumes + social networking +
recruitment
• Great recruiting tool
LinkedIn
• Many options
– groups,
– Q&A,
– "Likes,”
– status updates,
– even video
LinkedIn
• Best uses: Recruit talent, monitor
industry changes.
Twitter
• Real-time unlimited engagement
(open vs. closed)
• 100 million users
• 300K new users per day
• 55 million tweets per day
• 37 percent use phones to tweet
Twitter
• Best use: Monitoring and research.
– service problems,
– brand mentions,
– competitors.
When picking a social
media channel …
• Are your customers there?
• Does it fit your brand?
• Does it fit your business goals?
Decision time:
Join the social media
revolution,
or
watch the world pass by.
Today’s slides
http://itswa.de/powersouth-slides
wade@wadekwon.com
birminghamblogging.com
@WadeOnTweets

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