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Social Media CSO Breakfast Club April 9, 2008

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Page 1: Social Media

Social Media CSO Breakfast Club

April 9, 2008

Page 2: Social Media

AGENDA

• Discuss and understand social networking behavior

(how people make decisions)

• Understand how a new set of behaviors has emerged

over the Web» Scale and efficiency

» Empowered communities

» Limitless storage

» Engagement (buying engine not selling engine)

» “Database of intentions” - John Battelle

• Review of social media tools and how they are best used

• Why your companies need to do this

Page 3: Social Media

SOCIAL MEDIA DEFINED

• Social media can be defined as the platforms and tools that

make social networking behavior scalable and efficient

• Information and advice about what products to buy is now being

given, peer to peer, on a huge scale

• That’s a little scary if you don’t understand it

Page 4: Social Media

HOW DID SOCIAL MEDIA CHANGE THE GAME?

• Allowed for communities to form - forums, message boards

• Access to opinion leaders/experts – open comments

• Social behavior subverts hierarchy

• Gave enormous scale and efficiency- distribution

• Search (anonymous researcher)

• The Web is a buying engine and not a selling engine

Page 5: Social Media

TOOL FAMILY: SOCIAL NETWORKING

Social Networking

Related Tools:

Description:

• Web sites where friends (or colleagues) can build profiles, share information, and post updates

• “Facebook helps you connect and share with the people in your life.”

• This is an entirely new way to connect and will eventually replace email if it hasn’t already

Page 6: Social Media

TOOL FAMILY: BLOGS

Blogs

Related Tools:

Description:

» Articles are published in reverse chronological order.

» Posts are organized by categories and tags allow for greater context.

» The ability to comment gives blogs their social character.

Page 7: Social Media

TOOL FAMILY: SOCIAL BOOKMARKING

Social Bookmarking

Related Tools:

Description:

» Social Bookmarking is the practice of storing, searching and managing bookmarks on the Web.

» Instead or saving bookmarks using folders, we use tags to organize them and share them out in the open.

Page 8: Social Media

TOOL FAMILY: MICROBLOGS

Microblogs

Related Tools:

Description:

» Microblogging is a form of publishing that allows people to write short posts, i.e, Twitter’s 140 characters.

Page 9: Social Media

TOOL FAMILY: VIDEO SHARING

Video Sharing

Related Tools:

Description:

» There are several types of online video.

» Time shifted videos that are found on YouTube and live streaming video that we see on Ustream.TV and QIK.

» These services allow you to broadcast live from anywhere that has an Internet connection. 

Page 10: Social Media

TOOL FAMILY: WIDGETS

Widgets

Related Tools:

Description:

» Widgets are chunks of code that are embedded into Web sites allowing for Live and interactive content such as polls and slideshows.

» They are popular with blogs and social networking Web sites because they are portable, social, and easily shared throughout the network.

Page 11: Social Media

Why Should We Care?

Why should you care about Social Media?

1.Communities have formed on the Web where your products and services are discussed.

2.The outcome of this is that opinion leaders have emerged who hold influence over the community

3. Their thoughts and opinions are amplified over the Web, where

4.They are easily indexed by search engines *and* act as source material for the main stream media.

5.Companies that do not embrace this concept will lose market share.

Page 12: Social Media

What Are You Going To Do About It?

What Are You Going To Do About It?

1.Your marketing team has asked for this

2.They have goals that you have been asked to enable

3.These are long term initiatives that are not going away

4.Work with them on these goals

Page 13: Social Media

QUESTIONS

Questions?

Page 14: Social Media

THANK YOU

Page SandsDirector of Social [email protected]

410-327-0007 x 1240