embrace the disruptiongrowth in digital advertising outpaces market average • overall, ad...
TRANSCRIPT
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EEmmbbrraaccee tthhee DDiissrruuppttiioonnSeptember 15, 2014
Presented by Perry D. DrakeAssistant Professor of Digital & Social Media Marketing
University of Missouri - St. Louis
ee
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Showrooming
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Another Disruption!
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A Major Disruption is Occurring
• Emerging technologies and media are causing amajor disruption in every aspect of life,everything we do– The Consumer– The Brand– Education– Communications– Transportation
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State of Mobile
As of 2012 mobile subscriptions were moreprevalent than electricity or clean drinking water
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Mobile Today
As of this year mobile penetration is at 100%!
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Population
Mobile Subscriptions
7.1
7.1
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014*
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And..
Mobile now exceeds PC Internet usage for firsttime in history.
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Now get this…
As of 2013, college students own on average 6.9devices.
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Teens more concerned with the technology in theirhand than the label on their clothes… can we all say
wearable technology!
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Human attention span is shrinking from 12 seconds in theyear 2000 to 8 seconds today*
11* National Center for Biotechnology Information
Nothing comes without a price!
This little guys has an attentionspam of 9 seconds
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Social Media Diversification Required
• Remember it is no longer just Facebook, Twitterand LinkedIn.
• There are many more players on the market thatare gaining quick popularity.
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Is Facebook Dying?
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Hum, I wonder why Rachel’s son is not on Facebook?
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Facebook now at 1.28 Billion ActiveUsers in 2014 and GROWING
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By 2015 it will surpass the population of China!
The Recession
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Where are the Teens?
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a 3 % drop in active teens
ComScore, 18-24 year olds
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Today there are 255M Twitter Users
16China has the most twitter users at 35.5 million
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Growth In Digital Advertising OutpacesMarket Average
• Overall, ad expenditures will continue to grow, but by 2018, it is expected that digital spend willrepresent 37% of all ad spending!
• Career opportunities being driven by the dollars!• By 2018, digital spend for advertising projected to reach $82.3 Billion.• Advertisers are pouring money into the digital space. (Data provided by eMarketer)
TV Ad Spend 2018 less thanDigital as percent of total pie.
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Percent of Marketers Using SocialMedia to Market their Businesses
18Source: Social Media Examiner, 2013
This percent is up from 94% in 2012
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Level of Importance to Business
19Source: Social Media Examiner, 2013
A significant 86% said that social media was important to their business!This percent is up from 83% in 2012.
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a disconnect…
20Source: Social Media Examiner, 2013
Over 60% of those surveyed spend less than 10 hours per week on thesesocial media efforts deemed important to business!
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What Percent of Airports Are UsingSocial Media?
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Source: Simpliflying, 2012
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How Are Airports Using It?
22Source: Simpliflying, 2012
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Why is Social Media so Important?
23Source: Online Social Media, 2013
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A New Dynamic is Being Formed
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Do Not Take Entry into Social MediaLightly….• Take it nice and slow• Determine your voice• Survey others in the space to follow and engage with• Create your editorial calendar for consistency• Develop your community• Have the right tools in place to listen and engage• Set rules of engagement• Have a social media crisis management plan in place
….it is a complicated road to travel
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Tools for listening include…
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Start with Hootsuite
• Allows you to listen to any conversation• Keyword triggered• Helps plan your social media posts for your
content calendar• And best yet, it is free
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Professor Drake’s Hootsuite dashboard showing several conversation streamsincluding the keyword UMSL, #UMSLDigital, @pddrake and Tampa Airport.
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A Netbase Social Sentiment Analysis
29Note: Netbase or Radian6 will run you about $500 a month for minimum support.
http://www.web-strategist.com/blog/2013/07/30/people-love-uber-but-not-taxis/
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Avis responds to some but not others…
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No response to this tweet.
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Hope they checked that Klout score!
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Klout is a score based on your level of influence across allthe social media channels
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Channels for Engagement
• Twitter• Facebook• Instagram• Vine• Foursquare• YouTube
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Potential Uses of Social Channels
• Monitor Foursquare airport check-ins to engageand push out offers
• Promoted Tweets for certain hashtags orkeywords
• Enticing travelers to capturing “real” airportmoments via Instagram, Vine or YouTube forcontests.
• Find influencers that travel a lot and engage withthem, creating advocates
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Example of Engagement
• Find the conversation• Engage• Get them to take off line• Convert
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Afternoon Workshop Agenda
• Effective ways to deal with negative online posts• How to respond to negative reviews• Maintaining your online reputation• Effective ways to deal with negative online posts• How to respond to negative reviews• Maintaining your online reputation• How to handle an irate and demanding customer• Building your social media marketing plan• Twitter and Facebock best practices
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The “Minority Report”…our Future?
http://www.youtube.com/watch?v=7bXJ_obaiYQ
I know I can’t wait, what about you?
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Perry D. Drake
Assistant Teaching Professor, College of Business Administration, University of Missouri – St. Louis
& Academic Director of Business, School of Professional and Continuing Studies, University of Missouri – St. Louis
---------------------------------------------------------------------------------------------------------------------
Follow me on Twitter: http://www.twitter.com/pddrake
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All about UMSL| Digital Press: http://professordrake.wordpress.com
Drake Company Website: www.drakedirect.com
Book Website: www.optimaldm.com
UMSL Email: [email protected]
Secondary Email: [email protected]
Mobile (best): 914-299-4879
UMSL Direct Line: 314-516-6490
UMSL Fax: 314-516-6827
Perry’s Contact Information
Perry’s wife, Rhonda, lovesthe fact that he is so
transparent. She knowswhere he is every second of
the day!