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Social Media Marketing and Web 2.0
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What is social media? A different way to socialize using the web
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What are social networks? A website with a database
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What is social media and Web 2.0? Harnessing collective intelligence Trusting consumers as co-developers Engaging consumer experiences Participation Trust economy Word of mouse
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The old vs. the new Web 1.0Web 2.0 EyeballsHands Britannica onlineWikipedia Personal websitesBlogging CMSWikis DirectoriesTagging StickinessSyndication Instant messengerTwitter ConferencesUnconferences
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Harnessing collective intelligence
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Trusting consumers as co-developers
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Engaging consumer experiences Community users remain customers 50% longer, spend 54% more than non-community users and visit 9 times more than non-community users
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Participation Participation is key 1) Advertise 2) Create elements in online space 3) Create own platform or environment in online space
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Trust Economy
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Word of Mouse
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Keys to success in webspace Be creative Be honest Be unique Be aware of who your audience is Update frequently Be transparent
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You have to be real to succeed!
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The Web is changing how we do business Trust economy Gift economy
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Social media is driven by the consumer not driven by business and is currently experiencing growth
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The Social Networking has grown 12.7% from November 2006 to April 2007. In Canada from April 2006 to April 2007 Facebook grew 2424% YOUTUBE grew 616% MySpace grew 135%
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70% of Americans aged 15-35 use Social Networks Fox Interactive Networks
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Half of YouTube’s audience is over 34 MarketingVox
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17% of Sony PlayStation owners in America are aged 50+ The Observer
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Craig Newmark, owner and inventor of Craigslist Craig Newmark has said that this is a time of ‘creative destruction’ and that he has a ‘great deal of sympathy for people who run the printing presses’. He went on to say that it isn’t journalism that is becoming obsolete; rather the delivery methods are changing. ‘Even the kids realize news is important. The problem is that paper is too expensive’.
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How to create a Web 2.0 strategy
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Internal Conversations
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One-to-one conversations
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One-to-many
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KNOW CONTROL vs. NO CONTROL You have to KNOW your audience so that you don’t have a NO control situation.
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NO control http://www.youtube.com/watch?v=t8XxcOj3Seo
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KNOW control
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The Streisand effect A term used to describe a phenomenon on the Internet when there is an attempt to remove/censor something backfires and the information ends up receiving more attention.
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What this means …. Companies can no longer control the message but they can manage the results if they are aware of which channels of communication their audience is using.
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Examples of Social Media RSS feeds UGC (user generated content) Social networks Blogging Podcasts
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RSS Feeds http://www.youtube.com/watch?v=0klgLsS xGsU http://www.youtube.com/watch?v=0klgLsS xGsU
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UGC (user generated content) UGC is now the brand Consumers now create and change the brand (you no longer own your brand) (youtube) Consumers market the brand It’s not “with” your brand, it’s “in” your brand
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Social Networks http://www.youtube.com/watch?v=6a_KF7 TYKVc http://www.youtube.com/watch?v=6a_KF7 TYKVc
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Blogging An online journal, a way to tell a story 102 Million blogs, 120,000 blogs started each day It is not reporting – nor do people expect it to be
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“Newspapers increasingly reference Bloggers as sources in stories. In just 2 ½ years this has grown from almost nothing to a significant input to media” Factivia
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Blog Demographics 42% of all Canadians have read a blog Blog use in Canada is most popular among those: With household incomes of $60,000 or more (44%) Men (48% vs. 35% among women) Younger adults aged 18-34 (50%) Those with post-secondary education Ipsos-Red, June 2005
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Blogs need to be frequent. Web 2.0 has created a low attention span. A blog should be posted a MAXIMUM of 3-4 days apart.
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Podcast http://www.youtube.com/watch?v=OEmss 2lg-ug http://www.youtube.com/watch?v=OEmss 2lg-ug
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Tools of the trade Google Reader Google News alert Technorati Google Tagging Del.icio.us Facebook iTunes YouTube
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Google Reader http://www.google.com/reader/view/#overview -page http://www.google.com/reader/view/#overview -page Another option: http://www.google.ca/ig?hl=en http://www.google.ca/ig?hl=en
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Google News Alerts http://www.google.com/alerts?hl=en&t=1
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Technorati RSS Add popular, relevant blogroll (a blogroll is a listing of websites that often appear as links on web logs). http://technorati.com/people/technorat i/CanadianWildlifeFed http://technorati.com/people/technorat i/CanadianWildlifeFed
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Google Search engine Determine how well your site is doing
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Tagging The assigning of keywords to online content to help users search that content more effectively.
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Del.icio.us Social book marking which uses tags http://del.icio.us/TobiMichelle
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Facebook Virtual read News feed Over 41 Million Canadians have visited Facebook.
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iTunes iTunes is a media player used for transferring music, photos and videos
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YouTube YouTube is a popular free video sharing website which lets users upload, view, and share video clips.... Tobi – http://youtube.com/profile?user=TobiMichelleMhttp://youtube.com/profile?user=TobiMichelleM
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Old media doesn’t die, it just evolves
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