Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication...

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Transcript of Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication...

Page 1: Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication media hardly know place, especially social networking-based media. • “Social networking”

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Page 2: Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication media hardly know place, especially social networking-based media. • “Social networking”
Page 3: Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication media hardly know place, especially social networking-based media. • “Social networking”

Social Media Evolution

• Digital communication media hardly know place, especially social networking-based media.

• “Social networking” = social graph + apps.

• Most innovation happening at the app. level.

• Social media apps. are a big part of this.

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Page 4: Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication media hardly know place, especially social networking-based media. • “Social networking”

definingcommunity

where you livewhere you work

where you go

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People want to know more about where they are...

...but how do they find out?

...get relevant information from trusted sources?

...and share it with their friends?

What happened here?

Where should we go now?

Where can I get skinny jeans?

Joe’s coffee. Rules.

A Local Problem

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People find, share, and discuss places using virtual Sticky Notes - containing text, images, audio, or video.

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• Channels are groups of Sticky Notes based on brands or topics that users can subscribe and contribute to.

• Channel content can be user-generated, editorial or any combination of the two.

Project RunwayGuide to NY

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Aggregate Interact

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How it Works

Editorial Content

User-Generated Content

Marketing & Promotions

RELEVANCEFILTERS

LocationInterest

Social NetworkTime

SOCIALIGHT

PLATFORM

+

WAP, Java, SMS

Web

*API

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Case study: Late London

• Targeted at the 500k young people out every Saturday night in Central London.

• Text LATE to 88811 to find cool late-night bars and clubs that are open around you.

• Solves the ‘11pm problem’: what do do after the pubs close.

• Combines user-generatedand editorial content.

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Page 11: Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication media hardly know place, especially social networking-based media. • “Social networking”

Case study: Project Runway Guide to New York

• Project Runway is the top show on NBC property, Bravo Television.

• Judges Heidi Klum and Tim Gunn, along with current and past contestants of the fashion-focused reality show, create Sticky Notes covering New York City, complete with insider information.

• Fans text SEW to BRAVO (27286) to join the Socialight Channel and access local tips.

• Promoted via on-air, outdoor, and web.

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Page 12: Social Media Evolution - Columbia Business SchoolSocial Media Evolution • Digital communication media hardly know place, especially social networking-based media. • “Social networking”

trust ! relevance

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location ! relevance

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2007

2008

2009

2010

2011

2012

$371 $742 $1,113 $1,484

$999

$622

$372

$181

$90

$30

US Mobile Search Advertising Spending

Source: Emarketer, 2008 (Millions of Dollars)

Real growth emerges as more capable devices and packages spur usage

Initial building & experimentation phase

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Socialight Mobile

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TO: 88811

MSG: LATE

SMS WAP Application

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Soci

alig

ht W

eb

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Thank you.

Contact:

Dan [email protected]

mobile: +1 917 494 5856skype: melinger

socialight: dan

36 East 12th StreetNew York, NY 10003

Visit:

mobile: web:video:

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blip.tv/file/218742/

socialight.com

m.socialight.com