Eric Dahan - U.S. Travel Association · 2020-04-06 · •Snapchat has a young but engaged...
Transcript of Eric Dahan - U.S. Travel Association · 2020-04-06 · •Snapchat has a young but engaged...
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Eric Dahan
CEO and Co-founder
InstaBrand
Marianna Hewitt
TV Host and Founder of
Lifewithme.com
Henry Hornecker
Student
University of Oregon
Bill Karz
VP, Digital Marketing
Los Angeles Tourism
Dennis Yu
CTO
BlitzMetrics
The Next Generation of Social Media
Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
Source: Google
• Web and social
ecosystems are the most
valuable mediums in the
decision making process.
• Travelers visit 30+ sites in
the decision making
process.
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The Next Gen of Social Media Marketing
Source: Edelman & Boston Consulting Group
50%OF ALL TRAVEL SPEND
BY 2020 WILL BE
DRIVEN BY MILLENNIALS
180BESTIMATED 2014
TRAVEL REVENUE
BY MILLENNIALS
6of10MILLENNIALS SAY THEY
WOULD RATHER SPEND ON
EXPERIENCES
“More than 80% of millennials expect brands to develop content for them.”
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The Next Gen of Social Media Marketing
• Moving away from driving traffic off platform …
• Less opportunities for brands to drive consumers to their
website.
• Brands are now required to create new custom and engaging
content …
• New channels like Snapchat and Periscope require even
more content creation with zero opportunity for web visitation.
• Rather than being able to curate UGC, these new social
platforms require brands to generate the content themselves.
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The Next Gen of Social Media Marketing
• Instagram is the fastest growing social network among U.S. adults.
• 26% of the U.S. adult population is now on Instagram.
• More than half of young adults (18-29) are on Instagram.
• Data excludes U.S. teenagers and international users. It also excludes data on Snapchat.
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The Next Gen of Social Media Marketing
• Snapchat has a young but engaged audience.
• 70% of Snapchat users are women.
• 400 million snaps are sent per day.
• 71% of users are under 25 years old.
• 18% of social media users are on Snapchat.
• 77% of college students use Snapchat daily.
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How we “young” people are using social media
Henry Hornecker
University of Oregon
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Who is this guy???
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My social footprint
750 friends
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How I use social media
Daily use Use for
1 time / day Planning events and trips
10-20+ times / day Stay updated on sports &
______________________ entertainment
5-10+ times / day See pictures and videos of
_______________________friends
8 times / day Get a quick glance at what
_______________________my friends did last night
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Texting is social
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How we use Twitter
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How we use FB
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How we use Instagram
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How we use Instagram
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How we use Instagram
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How we use Snapchat
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How we use Snapchat
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How we interact with brands
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Relevant Entertaining Just plain stupid
Attractive vs. Non-Attractive posts
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Thanks For Listening
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The Rise of Influencer Marketing
• Faith in individuals is on the rise.
• Decision makers use a wide variety of influencers to
inform judgment (just as they use 30+ websites to make
a decision on travel).
• Influencers rise up and fall down in importance to
decision-makers.
• A single influencer may play a number of roles
throughout one decision process, or have a single
impact.
• Influencers depend on being known by other
influencers. Clusters enable a groundswell of opinion.
Source: Influencer Marketing (Brown & Hayes)
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The Rise of Influencer Marketing
Types of Influencers:
1. Idea Planters – thinkers in the industry who ask “what if?”
2. Predictors – influencers that ask “what next?”
3. Trendsetters – the early adopters [Social/Bloggers]
4. Proclaimers – these people mandate what and how
5. Aggregators – information gatherer/disseminator [@discoverLA]
6. Scopers – those that tell us what now (mapping out the limitations)
7. Recommenders – suggesting what you should do (passive and advisory)
[@discoverLA/Social/Bloggers]
8. Persuaders – those that tell you what you must do (closers) [TripAdvisor]
9. Negotiators – deciding how and how much [OTAs]
10.Validators – useful to prove the decision already made was low risk
Source: Influencer Marketing (Brown & Hayes)
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The Next Gen of Social Media Marketing
Write down 10 influencers …
1. _____________________________
2. _____________________________
3. _____________________________
4. _____________________________
5. _____________________________
6. _____________________________
7. _____________________________
8. _____________________________
9. _____________________________
10. _____________________________
Source: Influencer Marketing (Brown & Hayes)
Think of the people you
would ask to promote
your business if you only
had 10 letterheads left.
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The Next Gen of Social Media Marketing
Marianna Hewitt430,000 followers
#travel_withme
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
3.7 Million Followers700k Followers
WHO’S HOTTER?
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The Next Gen of Social Media Marketing
THE VALUE OF INFLUENCE
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The Next Gen of Social Media Marketing
3,700,000 followers1,000
$5.44 $20,128
or
120,000 engagement x $.25 = $30,000
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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The Next Gen of Social Media Marketing
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