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How ‘Social’ Is Your Social Media? …And Why It Matters!
36

How Social Is Your Media?

Oct 31, 2014

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Business

Jay Deragon

Many businesses are confused with the term social media. This presentation attempts to communicate the term and related dynamics in context with what an audience understands
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Page 1: How Social Is Your Media?

How ‘Social’ Is Your Social Media?

…And Why It Matters!

Page 2: How Social Is Your Media?

Putting Words Into Context

The adjective "social" implies that the verb (or noun) to which it is applied…is somehow more communicative, cooperative, & moderated by contact between people.

Page 3: How Social Is Your Media?

Words Into Context cont…

The word media refers to any tools used to store & deliver information or data 

Today’s social technologies enable people & businesses to create their own media

This media is a means of getting their own audiences…through attention, attraction & affinity

Page 4: How Social Is Your Media?

Markets Are Conversations

Billions of conversation are flow through the web daily. But static conversations get little attention.

Among 100s of millions of web sites, >80% have static content. The content never changes & subsequently does not engage "people" in relevant and rewarding dialog.

Page 5: How Social Is Your Media?

Is Your Media Static?

Static means showing little change, characterized by lack of movement or progression.  A ‘static conversation’ is one which doesn't progress towards improvement by either party engaged.

Page 6: How Social Is Your Media?

Is Your Business Static?

In business, if your not engaging with the market…you’re likely not making any real progress or movement towards a goal. In other words your business becomes static.

Page 7: How Social Is Your Media?

What Drives Social Media?

In today’s economy, traffic is an indicator of market engagement. Market engagement is an indicator of interest and attention.

Your Social Media presence can draw attention, but unless you are providing progressive content (rather than static content), your not creating an attraction, an affinity, or subsequently…an audience. Get It?

Page 8: How Social Is Your Media?

Where Is the Market Looking?

Page 9: How Social Is Your Media?

Common ‘Visitor’ Data

Page 10: How Social Is Your Media?

Is Their Traffic Progressing?

Statistically stable. In other words static! These brands spend in excess of $300

Million on advertising They are attempting to be “social”…but their

content and news is old! Most Old Media Doesn’t drive what’s needed:

“Social Media”

Page 11: How Social Is Your Media?

Does Old Media Attract Revenue?

Page 12: How Social Is Your Media?

Forbes Magazine

Page 13: How Social Is Your Media?

Why Is Traffic Down?

Forbes’ site forces viewers to view an ad when you enter the site

Then they try to trap you into registering for their site before you can view the content

Anti social behavior does not keep an audience: 20% reduction in traffic resulted (Yr 1)

Stealing time & productivity is Anti Social

Page 14: How Social Is Your Media?

Business Exchange

Page 15: How Social Is Your Media?

What Is The Difference?

Consider the traffic of Business Exchange vs old media sites - which has the greatest % chg?

The answer is clear. “Interest in Media” has changed from the old model to the new model…driven by consumers. 

Business Exchange is driven by the media created by the people rather than by the traditional model of media

Page 16: How Social Is Your Media?

Why Is Traffic Important?

Page 17: How Social Is Your Media?

How Important is Social Media?

Page 18: How Social Is Your Media?

Why Search Is Important

Page 19: How Social Is Your Media?

How Do You Rank?

Traffic Creates Ranking Ranking Indicates Engagement Engagement Creates Connections Connections Create Relations Relations Create Opportunity Opportunity Creates Revenue

Page 20: How Social Is Your Media?

Why You Need Social Media?

77% of all Internet users read blogs. 45% of all Internet users have started blogs. 30% of blog readers spend most of their time reading

news and current affairs blogs. 25% of blog readers spend most of their time reading

opinions on products and brands. 36% of Internet users think more positively about

companies that use blogs. 32% of Internet users trust bloggers opinions on

products and services.

Page 21: How Social Is Your Media?

How’s Your Web Site Doing?

Page 22: How Social Is Your Media?

Google Search Trend: ‘Social Media’

Page 23: How Social Is Your Media?

What is your Competition Doing?

They are learning quickly They are positioning They are engaged They know it is important They are after your customer

Page 24: How Social Is Your Media?

The Latest Facts Say A Lot

Is YourBusinessBest in Class?

Page 25: How Social Is Your Media?

The ROI From Conversations

Page 26: How Social Is Your Media?

Push vs. Pull: Which Is Better?

Page 27: How Social Is Your Media?

Self Center Conversations

How responsive are you

when engaged w/a self-centered

person, or someone who

ignores you, or someone

who never responds

to your needs.

Get it?

Page 28: How Social Is Your Media?

Conversational Currency Cycle

Page 29: How Social Is Your Media?

Creating Currency Is A Process

Page 30: How Social Is Your Media?

Word Of Mouth Marketing

KFC sold out of Chicken within a few hours!

Page 31: How Social Is Your Media?

Conversational Currency

It’s Not about You It’s Not just about Product It’s Not about “Spam” It’s Not only about “Networks” It’s Not About “Pushing” It IS About “Conversation”

Page 32: How Social Is Your Media?

The Science of Networks

Six Degrees Message Propagation Market Engagement To Be Heard: Be seen To Be Seen: Listen Listen To Add Value

Page 33: How Social Is Your Media?
Page 34: How Social Is Your Media?

Where Is Social Media Going?

Page 35: How Social Is Your Media?

Let’s engage in ‘Conversation’

What Did You Get From This Presentation? What Does Your Business Need? Where Should You Start? What Do You Need? Will You Make The Needed Changes? How?

Page 36: How Social Is Your Media?

Thanks For Your Time!

The World Is Yours At the Click of a Mouse

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www.relationship-economy.com