Social Media (Presented to Hotbox)

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    Sharing 2.0

    Rondell T

    14 January 2010

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    WHATS THE FIRST THINGYOU THINK OF?

    Social Media

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    Blogs

    Wikis

    Photo-Sharing

    Video-Sharing

    RSSCSS

    News Aggregators

    Podcasts

    Social Networking Sites

    VirtualWorlds

    LivecastingUsage Monitoring

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    skittles.com

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    But what is it really?

    Social Media is a group of Internet-based

    applications that build on the ideological

    and technological foundations ofWeb 2.0,and that allow the creation and exchange of

    user-generated content. (Kaplan and

    Haenleina, 2009)

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    Again?

    Internet-based applications

    +

    ideological and technological foundationsofWeb 2.0

    =

    creation and exchange of user-generated

    content.

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    2 Perspectives on Social Media

    Blanket term for social networking sites (with

    specialized content sharing and monitoring

    functions)

    Current mode of digital technology both for

    online and mobile

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    THE RISE OF SOCIAL MEDIAHIGHLIGHTS

    THE LATENT POTENTIAL OF THE INTERNET

    AS AN ENABLER OF SOCIAL CONNECTIONS

    THAT ONLY BECAME POSSIBLE

    WHEN CERTAIN FACTORS CLICKED INTO PLACE.

    So what?

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    Also, because of this:

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    What had to happen

    so that online media could be social?

    Global Internet penetration and usage rates

    had to reach a tipping point

    Attitudes to the Internet had to evolve

    The (mythical) transition into Web 2.0

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    Internet for the world

    31 December2000

    360,985,492 users

    30 September2009

    1,733,993,741 users

    In 2009,

    25.6% of the

    worlds

    population

    were

    Internet

    users

    In 2009,

    25.6% of the

    worlds

    population

    were

    Internet

    users

    There was a

    380%

    growth in

    Internet usefrom 2000 to

    2009.

    There was a

    380%

    growth in

    Internet usefrom 2000 to

    2009.

    Source: Internet World Stats (2009)

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    Going Pro-Internet

    The rise of Search and Display on the Internet

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    Going Pro-Internet

    We are being watched, and thats A-OK.

    Dataveillance

    Participatory Surveillance

    Alternate Identities

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    Going Pro-Internet

    Go online and stay there!

    Theres truth to the

    Internet as a democraticmedium, as it caters toeveryones whims.

    And at the very least,theres always a needfor email.

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    So-CalledWeb 2.0

    Web 2.0 is a marketing term, a neat and tidy label, notgospel truth!

    Tim OReilly coined it in 2004 but then admitted thatLive Software would have been a better term. (Sholz,2008)

    The main difference between 1.0 and 2.0 is not thetechnology but the shift in attitudes and behaviourabout what should and can be shared by whom.

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    So-CalledWeb 2.0

    The ideology ofDoing Something for Nothing!

    Crowdsourcing = Free Labour

    The Amateur Web

    Everyones on it, but wheres the talent?

    Beyond money and fame

    Project Gutenberg

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    Fight!

    Businesses are using themasses of Internet giftgivers as a global pool of

    cutrate labor. (Carr, 2008)

    The Social Web helps in thepursuit of individual self-interest. (Scholz, 2008)

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    CONSUMERS NOWHAVEMORE CONTROL AND THEY KNOW IT.

    Again,

    so what?

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    Push versus Pull

    From awareness to advocacy

    People want to share what works and what

    doesnt.

    Advocates cannot be pushed around they have

    to be pulled in by what they want and need.

    Thus, social beings need social media.

    Ano daw?

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    WHEN YOU KNOWBETTER, YOU DO BETTER. OPRAHWINFREY

    What now?

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    Interactive continues to grow despitestrong economic headwinds

    Medium girded by its breadth ofoptions, from above-the-line to below-

    the-line Consumers increasingly embracing

    digital media in all forms

    Share shift by marketers from offline toonline to tap into the variety, reach,targetability, and effectiveness ofinteractive media

    Emerging platforms provide newopportunities for marketers to engageand learn from their customers

    Now, in 2010

    Marketing as Conversation. Listen, facilitate,

    and create advocacy. Co-create experiences

    with consumers.

    Media: The New Creative. Marketing message

    distributiontiming, context, and relevanceis

    as important as creative execution.

    Marketing + Math. Data quality, quantity, and

    accessibility have brought math to marketing.

    New digital tools, predictive models, and

    behavioral targeting will turn insight into

    foresight. Mind the Gap. Marketing spending in digital

    media is far from commensurate with consumer

    behavior shiftswhen will the divide between

    traditional and nontraditional media end?

    The Digitally Savvy Organization. Technology

    without an aligned organization, the right

    talent, and a progressive culture is inadequate.

    Functional skills are rising to the level of brand

    strategy.

    The Network Effect. Partnerships and

    collaboration among agencies, media

    companies, and marketers will grow in number

    and depth. New players will assume importantroles and continue to reshape the value chain.Source: IAB (2009, 2010)

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    Wait, theres more

    Social media as Liquid Media

    The web as Semantic Web

    Consumers as Prosumers Listen to them, they know what theyre talking about

    Sharing is viral good or bad. But bad reviews spread twice as fast.

    Innovate the field is still wide open

    Metrics Metrics Metrics

    Augmented Reality

    Holding Hands while Testing

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    References:

    Kaplan, A. and Haenlein, M. (2009) Users of the world, unite! The challenges and opportunities of Social Media [online] Available

    at: http://www.sciencedirect.com/science_ob=ArticleURL&_udi=B6W45-4XFF2S0-

    1&_user=10&_rdoc=1&_fmt=&_orig=search&_sort=d&_docanchor=&view=c&_searchStrId=1165610385&_rerunOrigin=goo

    gle&_acct=C000050221&_version=1&_urlVersion=0&_userid=10&md5=09da5c0d09975a3131888e1b2568f15d

    Scholz, T. (2008) Market Ideology and the Myths ofWeb 2.0 [online] First Monday, Volume 13, Number 3 - 3 March 2008 Available

    at: http://firstmonday.org/htbin/cgiwrap/bin/ojs/index.php/fm/article/viewArticle/2138/1945

    Landry, E., Ude, C., and Vollmer, C. (2010) HD Marketing 2010: Sharpening the Conversation: The Team and Tools You Need to

    Market in an Increasingly D

    igitally SavvyW

    orld [online]A

    vailable at: www.iab.com

    IAB (2009) Interactive Advertising Outlook 2009 [online] Available at www.iab.com