10 trends for social media in 2010 social media arizona 2010
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Presenation on 10 social emdia trends impacting marketers and businesses in 2010TRANSCRIPT
10 Social Media Trends For 2010
Before We Can Go Forward …
…We Must Look Back!
2009 - Tipping Point For Social Media
The name given to the moment when a virus reaches critical mass.
"Tipping Point“
Social Media Went Mainstream
Over 7M Unique Visitors with 1382% Growth
Over 300M Unique Visitors with 228% Growth
The Workers Have Appropriated the Means of Production
emarketer 2009
90M Americans generated content last year.
• 88% in social communities• 15% in virtual worlds• 25% on blogs
YouTube is the #2 search engine globally.
25% of search results for the top 20 brands linked directly to user generated content.
Mass Media Has Lost Its Effectiveness
Word of Mouth…
…Became World Of Mouth
HEY .. I JUST GOT A HOLD OF SUM GOOD OL' BRONX GRASS!! AND MAN ... I FEEL GOOD
Did We Jump the Shark?
What’s Next?
Trend 1. Social Media - Shift from Technology to People
It’s Not About Technology Stupid….
…Being Social is About Relationships
"Social media in 2010 will cease being the shiny new object and instead become part of the everyday lexicon of business.”
…Charlene Li
What Will They Write About Next?
Shift from Exploratory to Definition Phase
Budget Allocation Shifts to Social Media
Trend 2. The Struggle Continues: ROI & Social Media
TraditionalROI
Social Media
THE BIGBANG
“What do you want to measure – the “social” or the “media”?
- David Alston of Radian6
SocialMedia
ROIIncrease in Revenue
Decrease in Cost Time
Objectives:• Reach• Awareness• Coverage• Continuity
Measures:• # of visitors• # of page views• Time on site• Conversions
• Leads/Subscriptions/Sponsorships
Objectives:• Loyalty• Advocacy• Trust• Influence• Engagement
Measures:• Sentiment • Comments • Feedback • Mentions • Readership
Staffing; 60%
Outside Resources,
20%
Technology; 20%
Social Media Marketing Budget
Marketing Sherpa 2010
Social Media is not cheap
Social media does not scale efficiently
Social media does not deliver the frequency of revenue generating events
Social media does not deliver the velocity in time to value
But They Are NOT the Objectives
Warning, Warning.
Sales, Leads and Website Visits are Nice...
The Challenge for Marketers
In the transition of investment to Social Media:
• No value is created until someone has posted, referenced, commented or engaged with you.
• It takes real people & effort to make social media marketing pay off.
Brand
SEO
Community
Thought Leadership
Advocacy
Influence
Evangelism
Feedback
Sentiment
Service
Insight
Ideation
Collaboration
Awareness Engagement Listening Innovation
Ed’s Social Media Value Drivers
We will not understand the value of Social Media until we understand what is being said, who is saying it, what influence they have, the effect of
what they are saying and the effect of what we are saying.
Trend 3. The Long Tail of Community Grows
The Long Tail of Social Communities
20%Niche
CommunitiesMega
Communities
Co
mm
un
ity
/ M
emb
ers
hip
High
HighIntensity of Engagement
80%Sharing
Community Thought Leadership
“A community is like a ship; everyone ought to be prepared to take the
helm.”
...Henrik Ibsen
Community Thought Leadership
Traditional Thought Leadership
Community Thought Leadership
Company Driven(Brand as a Champion)
Community Driven(Many influencers &
advocates)Focused on Monologue Focused on
DialogueClosed Content Open ContentStated Position Evolving Position
Trend 4. The Convergence of Social-Mobile
Mobile Connections
Mobile phones will be the dominant Web accessing device
by 2013, outstripping PC’s (1.8Bn vs 1.7Bn)
Gartner 2010
30
Convergence of Social Mobile
30
Location Awareness
Social
Context
Social-Mobile
Meet My Big Brothers
U.S. Patent & Trademark Office: Yahoo is developing a search app which takes the location of the mobile device, a time of day, an event, information
from the user's calendar, past behavior, weather, social networking data, aggregate behaviors, information about proximity of a social contact.
Augmented Reality
Overlaying of digital information onto physical assets
Augmented Reality is Here
What does this mean for your Web presence?
How do you optimize in this environment?
What's your social media strategy?
How will you manage your brand experience?
Marketers: Ask Yourself This…
Trend 5. From CRM to Social CRM
CRM Essentials 2009
Trend 6. Social Gaming Goes Mainstream
Social Gaming Has Reached a Tipping Point
How Can Marketers Use Social Gaming?
Marketers can use Social Gaming to:
Foster Engagement
Create Tools for Contribution
Syndication of Branded Content
Foursquare (Yelp Meets Farmtown)– Location-based check in
reality game– If Yelp is about the restaurant,
Foursquare is about the Mac & Cheese at the restaurant
– Gaming-Competition• Rewards for checking-in• Badges• Mayor of an establishment• Free business sponsored giveaways
for members
Trend 7. The Monetization of Social Media
Social Gaming Is Monetized
Major brands will shift their online marketing focus away from
traditional campaign micro-sites and towards community platforms as social media begins to dictate their marketing activity in 2010.
“We would like to place our activities and brands where people are, rather than dragging them to
our platform,…” Coca Cola Marketing Manager
Social Marketizing
Mobile local search ad revenues are expected grow to $130 million by 2013, with mobile local searches increasing to 35% of all searches by 2013… BIA/Kelsey, 2009
I Saw it on Facebook!
Most social media advertising is traditional banner or the ubiquitous fan page
“The challenge is understanding...how you get everyone into the mindset of
creating a continuous stream of content.”
Jo Lyall, Head of Invention and Digital, Mindshare
“The battle is now to understand how to continue engagement with a consumer outside of a campaign site I’ve driven them to. It’s a much more complicated
planning challenge.”
Cheryl Calverley
Senior Global Manager, Unilever
Is my product the kind of product people want to talk
about?
The Challenge for Marketers
Trend 8. The Evolution of Marketing Role
The Times They Are a Changing
Leadsloth, MIO 2009
We Tell You Tell us what you think of what we tell you
Lets tell each other
80% of Your Customers Now Find You CMO 2009
52
Marketing as a Publisher
CustomerConversation
Context
ContentOptimization
Trend 9. Security & Data Privacy Grow in Importance
Increasing Web 2.0 Risk
Cyber attacks take advantage of the trust factor prevalent among users of social media tools and
sites. They can quickly capture passwords, infiltrate the social network and replicate their attack and load key logger or other malware.
Facebook Privacy PolicyInformation We Receive Information You Share With Third PartiesHow We Use Your InformationHow We Share InformationHow You Can View, Change, or Remove InformationHow We Protect InformationOther Terms
The value in social media companies is in the relational data they hold on you.
Trend 10. Social Optimization
Hundreds of channels, tens of tactics, many personas =
Need for Social Media Optimization
1. Blogs (Johnson & Johnson, Delta Air Lines)2. Bookmarking/Tagging (Adobe( ), Kodak)3. Brand monitoring (Dell, MINI)4. Content aggregation (Alltop, EMC)5. Crowdsourcing/Voting (Oracle, Starbucks)6. Discussion boards and forums (IBM, Mountain Dew)7. Events and meetups (Molson, Pampers)8. Mashups (Fidelity Investments, Nike)9. Microblogging (method, Whole Foods)10. Online video (Eukanuba, Home Depot)11. Organization and staffing (Ford, Pepsi)12. Outreach programs (Nokia, Yum Brands)13. Photosharing (Rubbermaid, UK Government)14. Podcasting (Ericsson, McDonalds)15. Presentation sharing (CapGemini, Daimler AG)16. Public Relations – social media releases (Avon, Intel)17. Ratings and reviews (Loblaws, TurboTax)18. Social networks: (British Airways, Saturn)19. Sponsorships (Coca-Cola, Whirlpool)20. Virtual worlds (National Geographic, Toyota)21. Widgets (Southwest Airlines, Target)22. Wikis (Second Life, T-Mobile Sidekick)
5 Rules of SMO (2006)• Increase your linkability.• Make tagging and bookmarking easy. • Reward inbound link.• Help your content travel. • Encourage the mashup.
Social Media Optimization: implementing changes to optimize a site so that it is more easily
linked to more highly visible in social media searches on custom search engines (such as Technorati), and more frequently included in
relevant posts on blogs, podcasts and vlogs..Rohit Bhargava
New Rules of Social Media Optimization
SEO
• Keywords• Links• Attributes• Density
SEM• Web design• Creative• PPC mgt.
SMO
• Sharing• Engagement• Community• Syndication
RMO
• Listening• Responses• Advocates• Sentiment
Online Brand Experience
Reporting & Analytics
Thank You
Blog: marketinggimbal.com
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References
• Several blogs & sources were used in the research of this presentation:– http://www.briansolis.com/– http://www.chrisbrogan.com/– http://darmano.typepad.com/– http://www.linkedin.com/pub/manish-mehta/9/1b1/795– http://www.marketingsherpa.com/exs/SocialMM09excerpt.pdf