March 19, 2010 Social Media: It’s Not Just for Geeks Anymore
Susan Marks, CEO - Pinstripe Introductions 2
TEN YEARS AGO There were no social networks
TEN YEARS BEFORE THAT The web didn’t exist
What is Social Media? 6 “Social media is a fundamental shift in the way people communicate via real-time conversations online.”
In Other Words…. 7 Web 1.0 Read Web 2.0 Interact
In Other Words…. 8 Web 1.0 One Way Web 2.0 Two Way
Yet Another View…. 9 Web 1.0 Media to Person Web 2.0 Person to Person
10 Did You Know …?
YEARS The length of time it would take you to view every YouTube video
12 100,000,000 The number of YouTube videos viewed every day
13 3,600,000,000 The number of photos archived on Flickr.com as of last June
14 5,000,000,000 The number of minutes spent daily on facebook
15 6,500,000,000 The amount of money contributed to the Obama by 3M online donors
16 8,000,000,000 The number of minutes spent on facebook … DAILY
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Did you know? 18
Miracle on the Hudson – USAir Flight 19
The Social Media Backlash: “Motrin Moms" Social Media Fail 20
DaVita – Best Practices Social Recruiting 21
#IranElection Crisis on Twitter 22
StockTwits 23
24 Ning – Our Site for VWR
Ning – Customize Your Own 25
26 Why Should You Care …?
27 4 OUT OF 5 AMERICANS USE SOCIAL MEDIA TOOLS Forrester, The Growth of Social Technology Adoption, 2009
28 2/3 OF THE GLOBAL INTERNET POPULATION VISIT SOCIAL NETWORKS Nielsen, Global Faces & Networked Places, 2009
29 SOCIAL MEDIA IS LIKE WORD OF MOUTH – ON STEROIDS
30 SOCIAL MEDIA IS LIKE – NETWORKING ON STEROIDS
The Conversation Prism 31 Blogs Micromedia Social Networks Video sharing Geo-location Reviews & Ratings Customer Service Events Wikis Live-casting Photo sharing Music sharing Document sharing Social Bookmarking
32 What Does It Mean For Me…?
Why Should I Care … It’s All About Networking! 33
Social Media & Your Personal Brand 34 Social media amplifies your personal brand
Managing Social Media 35
Decide on which site(s) you want to have a personal profile Getting Started 36
An interconnected network of experienced professionals from around the world, representing 150 industries and 200 countries What is ? 37
LinkedIn – Power of Your Network 38 Direct contacts, full contact information available. Contact information not available, can access through your connections and connections shared with the contact. Total number of people user can contact, can view their information, but not contact information
LinkedIn – Getting Started 39 Follow step by step instructions to populate your profile Click here to register and start creating your profile.
LinkedIn – Linking w/Other Professionals 40
Over 75 million users and growing rapidly Approx. 50 million tweets are sent every day Just hit the 10 billionth tweet (March 4) What is ? 41
Go to and sign up for an accountwww.twitter.com Follow a few friends to get started – Visit a profile and click “Follow” under the person’s image – i.e. Twitter – Getting Started 42
A social networking site for individuals; Over 400 million active users (8 th largest country) Over 100 million users currently access Facebook through their mobile device More than 5 billion pieces of content shared each week More than 1.5 million businesses have active pages on Facebook What is ? 43
Facebook 44
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LISTEN ENGAGE MEASURE 46
Tools to Manage Social Media 47
Tools to Manage Social Media 48
Managing Your Brand 49
WBL Members & Their Organizations What are WE Doing? 50
How do YOU measure up? 87% have a LinkedIn profile (119 people) 36% have a Facebook profile (49) 7% have a Twitter account (9) WBL Summit Attendees & Social Media 51
How do YOU measure up? 12% on zero social networks (16) 52% on one social network (72) 31% on two social networks (42) 5% on three social networks (7) WBL Summit Attendees & Social Media 52
How do your ORGANIZATIONS measure up? 73% have a LinkedIn profile (83 companies) – but only 3% have a user group 36% have a Facebook page/group (41) 34% have a Twitter account (38) WBL Organizations & Social Media 53
How do your ORGANIZATIONS measure up? 25% on zero social networks (28) 29% on one social network (33) 24% on two social networks (27) 22% on three social networks (25) WBL Organizations & Social Media 54
#hcsm is the recognized hashtag #FDASM is an example of a specialty hashtag institutions-through-the-wild-waters-of-social-media-a-talk-with- john-sharp-of-the-cleveland-clinic/ institutions-through-the-wild-waters-of-social-media-a-talk-with- john-sharp-of-the-cleveland-clinic/ all-healthcare-ceos.html Healthcare Social Media 55
Building Relationships Generate Real Time Feedback - listening Disseminate information quickly to internal and external constituencies Engaging with potential partners, new product/service ideas - learning Tips - Social Media 56
Content Interaction Commitment Tone / Authenticity Have an opinion or perspective Tips - Social Media 57
WBL Summit Attendees & Social Media 58
WBL Summit Companies & Social Media 59
Slideshare & Scribd 60
A REMINDER … What happens On Doesn’t stay on
As I Close - A Word of Caution … 62
What’s your ROI – Return on Ignoring? Final Observations 63
“For companies, resistance to social media is futile. Millions of people are creating content for the social Web. Your competitors are already there. Your customers have been there for a long time. If your business isn’t putting itself out there, it ought to be.” - BusinessWeek, February 19,
“If you don’t like change, you’re going to like irrelevance even less.” - General Eric Shineski, Retired Chief of Staff, US Army 65
Thank you! Sue Marks, CEO Pinstripe Connect with me! Questions? 66