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Trends in Social Media ,[object Object]
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So what is Social Media? @Techczar
@Techczar ,[object Object],[object Object],[object Object],[object Object]
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“ Social Media is ‘word-of-mouth’ in the web environment.” - Tech Czar, sometime ago over a  martini @Techczar
@Techczar “ Over 80% of Americans Use Social Media Monthly.” - Forrester, The Broad Reach of Social Technologies 2009
“ 2/3 of the global internet population visits social networks.” - Nielsen, Global Faces: Networked Places, 2009 @Techczar
“ Social Media has overtaken adult entertainment and email as the #1 activity on the web.” - socialnomics,  Social Media Blog @Techczar
 
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Social Media Trends - 2011

Editor's Notes

  1. Groupon is a deal-of-the-day website that is localized to major markets in the United States. Each day, Groupon features an unbeatable deal on the best stuff to do, see, eat, and buy in your city. By promising businesses a minimum number of customers, Groupon get discounts you won't find anywhere else. It is called "collective buying power!” ) Other key participants LivingSocial, DailySwirl
  2. Quora is a continually improving collection of questions and answers created, edited, and organized by everyone who uses it. The most important thing is to have each question page become the best possible resource for someone who wants to know about the question. One way you can think of it is as a cache for the research that people do looking things up on the web and asking other people.
  3. 25,000,000 iPads 114,000,000 iPhones (includes 4 million iPhone 4S) 60,000,000 iPod Touches 18 billion apps
  4. Facebook Credits are a virtual currency you can use to buy virtual goods in all games on the Facebook platform. You can purchase Facebook Credits using your credit card, PayPal, a mobile phone and many other alternative payment methods. Facebook ad revenue is growing fast, but its currency system, called "Credits," is growing even faster.Facebook will collect revenue of $470 million this year from Credits alone, according to a new estimate from eMarketer, up from $140 million in 2010.Facebook in July began requiring that all merchants in its ecosystem use the Credits currency. The social network takes 30% of all transactions.