simplify360
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Our entry for Simplify360's Casia 2014TRANSCRIPT
Stage 1
ThePreliminar
yRound
Team Name: Phoenixus
Name of first member: Bhavya ShahCollege Name: Symbiosis Institute of Media and Communication, Pune
Name of second member: Karishma ChanglaniCollege Name: Symbiosis Institute of Media and Communication, Pune
WHAT IS SOCIAL MEDIA?
WHAT IS SOCIAL?
Relating to the society or an organization through formal and informal gatherings
MEDIA IS A COLLECTIVE MEANS OF MASS COMMUNICATION
WHAT IS MEDIA?
“Social media will help you build up loyalty of your current customers to the point that they will willingly, and for free, tell others about you”
The overarching problem is that everyone sees and uses from a different perspective”
You can buy attention (advertising).You can beg for attention from the media (PR). You can bug people one at a time to get attention (sales). Or you can earn attention by creating something interesting and valuable and then publishing it online for free.”
“The more passionate and argumentative I get the more followers and friends I make online.”
“You are what you share.”
Network
Impressions
Digital
Medium
ConsumerInteraction
Marketing
Publicity
Conversations
Content
Feedback
Online
Participation
Websites
Reach
Apps
User
Global
User Generated
Connections
Viral
Share
SEMIOTICS OF SOCIAL MEDIA
USES AND CATEGORIES OF SOCIAL MEDIA WEBSITES
Social Media
Blogging and Micro BloggingProfessional NetworkingData Sharing
Community and Social Interaction
THE SOCIAL MEDIA HYPE
Everyday, 66% of internet users
spend 6 hours or more on social
networking sites
2.5 Billion Pieces of
Content are shared
everyday on Facebook
5700 Tweets happen every
second
Facebook has the greatest impact on purchase behavior
at 47%
Revenues through
social media have increased by 106%
Every second two new members join LinkedIn
21,000 years of music have been played on
Facebook and 500 years of video have
been played on YouTube
$658 Billion dollars was
plugged into the American
economy because of revenue
through social networking sites
SWOT ANALYSIS OF SOCIAL MEDIA
Strengths
Weakness
Opportunities
Threats
Review your Web site with the user
experience in mind.
Participate by listenin
g, watching and learning the basics first.
Develop a
social media plan that
allows you to influence and engage
with your
target market
.
Identify top
keyword
phrases and
include them
in your profiles
and posts.
Monitor
online conversations from key
influencers and
engage in two-
way communicati
on.
Set up Google alerts
for keywor
ds to receive e-mail update
s of new
content.
Post opinions and comments on other blogs,
profiles and
postings.
MONETIZING SOCIAL MEDIA