5 social media mega-trends (english language version)

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5 Social Media Mega Trends 5 Social Media Mega Trends Twitter: @danielord Daniel Ord Rasmussen Click here for danish language version

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5 trends from the world of social media - the broad view. 1. In-house 2. Content strategy 3. Social shopping and Location based marketing 4. Influencers 5. Social Gaming

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Page 1: 5 Social Media Mega-trends (English Language Version)

5Social Media Mega

Trends

5Social Media Mega

TrendsTwitter: @danielord

Daniel Ord Rasmussen Click here for danish language version

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Our worldright now

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TV as a primary activity

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Offline newspapers

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TV (Youtube, Hulu, iPlayer)

Internet enabled devicestraditional “media” is migrating online

Ads (Adwords + Facebook)

News papers og news (blogs, Twitter, Flipboard... )

Books (eBøger)

Radio (podcasts)

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12-24 y.o. are online 2,5 hours a day

Danish Source: Dansk Statistik 2010

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60+ are online 38 minutter per day

Danish Source: Dansk Statistik 2010

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9 out of 10 are online more than one hour / day

Danish Source: Dansk Statistik 2010

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Source: http://www.socialbakers.com/facebook-statistics/denmark

2.7 mio. Danish Facebook profiles25. maj 2011

2%6%

12%

19%

23%

21%

7%

11% 16-17

18-24

25-34

35-44

45-54

55-6413-15

65+

Age percentages

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They spend an average of

on Facebook16 mins a day

Danish Source: Dansk Statistik 2010

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Source: http://info-architecture.blogspot.com/2011/03/social-marketing-to-millenials-by.html

Young people use social media to define themselves and demonstrate social capital

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“Every moment is sharable”- Charles Hull, Managing Director, Archrival | Dachis Group

Source: http://info-architecture.blogspot.com/2011/03/social-marketing-to-millenials-by.html

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Which leads us to...

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The Mad Men-model is dead

I have this product - sell it for me!

So, how’d it go?6 months later

Great!

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1In-house

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Bring skills in house!

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“Dell has trained more than 9000 people in the use of Twitter”

- Kerry Bridge, Global Digital Media Communications Manager, Dell Public Sector

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Dells daily reach on Twitter is greater than the 12 biggest American newspapers (WSJ, NYT,

USA Today, Washington Post ...)

Source: Kerry Bridge, Global Digital Media Communications Manager, Dell Public Sector

<

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It’s about getting closer to your clients and customers

The distance between you and them is shrinking all the time! Facebook, Twitter, message boards, reviews...

Biz Customer

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This means the devide between work and private life is changing. The two spheres are merging

Facebook does not shut down after 5pm or on weekend - au contraire

Work Privat lifeWork | Private life

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This demands new skills from your employees

Currently most prevalent in the creative and tech sectors

Source: http://hbswk.hbs.edu/item/6009.html

But the rest are coming...

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Quick, “easy”, cost effective

Lack of external perspective on your product can be a problem

Source: http://www.advertising-objective.com/in-house-agency-pros-and-cons.html

Pros

Cons

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Strategy

2Content

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You need to manage a growing online presence

But did we forget something vital?

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“The fallacy of incomplete logic: We need an app / Facebook Page / Twiter account because everyone else has one. ”

- Jonathan MacDonald, entrepeneur, at SMWF Europe 2011

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“You don’t see all the content from Facebook Pages. That’s why engagement is so important. You see the pages you engage with.”

- David Parfect, UK Sales Manager, Facebook at SMWF Europe 2011

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“Stop pretending content is somebody else’s problem”- Kristina Halvorson

http://www.alistapart.com/articles/thedisciplineofcontentstrategy/

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Use words and data that support engagement and interaction

http://www.boxesandarrows.com/view/content-strategy-the & http://www.alistapart.com/articles/thedisciplineofcontentstrategy/

Everything is content!

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“If people aren’t talking about you, they’re not talking about you for a reason. And the reason isn’t that they dislike you. They’re not talking about you because you’re boring.”

- Seth Godin

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“Goal: Thought leadership in the tinned coloured chemical business”

- Russ Lidstone, EURO RSCA London om Dulux “Let’s Colour”

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These guys didn’t think their content through

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Gilbert Gottfried

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Kenneth Cole

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“If content is king, context is God.”- Gary Vaynerchuk

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It’s not rocket science

But it’s also not just “target audience” talk

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Example

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But remember:

- Alfred Korzybski, semantiker i 1900-tallet

“The map is not the territory”

The real world keeps changing: It’s ok to get lost

Just update your strategy and keep planning ahead

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Location Based

3Social Shopping

Marketing

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“A social shopper is someone who taps into the para-social network surrounding a shopping experience”.

- Kate Howell, Managing Director, Immediate Future

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Original: JC Mighty, Aurora Fashions

Website = Shop

Social media = coffee shop, where people talk about you

Email = shop window

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Social media = coffee shop, where people talk about you

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“We are now an audience with an audience”- Brian Solis, web marketing hotshot

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Retail hacking

Source: Wired US 12/10

“Shopping is a contact sport”

“Hacking” the regular way of shopping via social mechanisms online

Cupons, deal sharing, “loop-holes”, tricks ...

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Charlotte Harrison

38 y.o.

Actually gives away food

Mother of two

Competitive

Source: Wired US 12/10

Doesn’t do it for money

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Buys groceries worth $78.15

Pays $1.77

Get’s $2.85 back because a red bell pepper was incorrectly priced

Profit of $1.08 + goods worth for $78.15

Result

Source: Wired US 12/10

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But that’s not the only way to do things anymoreThey do the hacking themselves

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Expanding retail hacking

Groupon does the work for you

Group purchasingX amount commit to purchase to “unlock” offer

Offered $ 6. bill. by Google i Dec. ’10, turned it down - now estimated to be worth $25+ billion!

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Offline again with location based services

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Foursquare

“If I earn the Gym Rat badge, that says something about me that a couple of stamps on a punch card or scan of a loyalty card cannot.”

Tristan Walker, head of business development, Foursquare

http://mashable.com/2010/11/19/foursquare-pepsi-safeway/

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Special Offers

Loyalty unlocks, price deals etc.

Revealed at check-in

Maintained by the businesses themselves

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Safeway & PepsicoNew kind of “loyalty scheme”

Checking in at Safway earned customers VonsClub-points

Points equate discounts on Pepsi products

Auto-check-in at cash register possible

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Avg. mount of friends is roughly 150 global - they follow you around the net via the Social Graph

From e-commerce to f-commerce

Facebook credits

- can be linked to online stores

Our Social Graph says a lot about our purchasing habits

Kilde: Jan Christiansen, Facebook Nordics

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Facebook Check-in Deals

Part of Faceb0ok Places

Revealed at check-in

“Regular” offers

Group offers (check in with 10 of your Facebook friends to unlock something)

Loyality unlocks

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Facebook DealsLinked to offline stores

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Facebook Social Deals

Testing phase in 5 major US cities

Focussing on “events”

First time Facebook Credits can be used for “physical” purchases

No discount!

Instead social functionality built in

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Influencers4

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Get used to it

Some of your customers are more important than others

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That “one” guy is an influencer, a gatekeeper

We’ve gone from talking to many to reach one, to talking to one to reach many

Afsender

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“People Rank is the new Page Rank.”- Azeem Ashar, CEO Peer Index

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Peer Index

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Klout

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“If you don’t have a Klout or Peer Index score of above 50, you don’t even get an interview [in Silicon Valley]. This will have come to London by 2012.”

- Thomas Power, chairman Ecademy, SMWF Europe 2011

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Click-through-rate on blogs with high Peer Index scoring authors are higher

Azeem Ashar, CEO Peer Index, SMWF Europe 2011

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Microblogging will be mainstream in 2-5 years (says the Gartner Hype Cycle)

Kilde: Gartners Hype Cycle

This will only get more important!

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Project designed to find “lead users” in digital tourism

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Gatekeeper online media

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Jesse get’s 300.000 views on his presentations (link)= influencer?

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Gaming

5Social

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40 % of time spent on Facebook is spent gaming

Source: Bill Clifford, VP Global Ad Sales, Wild Tangent

Average age of social gamer in the UK is 30 - 39

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$1 bio. 2010

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$1 bio.

$2 bio. 2012

2010

(projected)

Source: SMWF EU 2011

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Biggest social gaming company is Zynga

50 mio. people are playing their games at any given time

250 mio. play them in total

Source: Zynga

They are responsible for Farmville, Cityville, Frontierville, Villeville...

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“We don’t sell ads. We sell advertising as content.”- Manny Anekal, Glolbal Director of Brand Advertising, Zynga

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Price: $1 mio. for 24 hour global roll-out

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“10 mio. people engaged with content in 24 hours - many still have it. That’s millions if not billions of impressions”

- Manny Anekal, Glolbal Director of Brand Advertising, Zynga

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Do we want brands in our content?

Are we ready to accept true branded content?

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Serious games?

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Looking at Farmville can make one fear for the future of the human race.

But all is not lost! Games can do good, too!

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“The opposite of play isn’t work, it’s depression”- Jane McGonigal - Reality is Broken

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“Gaming unleashes our natural ability to be the best version of ourselves.”

- Jane McGonigal - Reality is Broken

Positive stress, that people enjoy overcoming

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ARG = alternate reality game

Mix of offline and online

World Without Oil

Proven: Participants have managed the financial crisis better beacuse

they took part

Goal: Save oil in real life. Tracks stats online and get points, take part in

community etc.

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Wrap-up

1. In-house2. Content Strategy3. Social Shopping | Location4. Influencers5. Social Gaming

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Let’s [email protected]

Twitter: @danielord

.com

Think we can help? See next slides for what we do

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What we do: Innovation- og concept developement

We help organizations navigate in the new world of digital media

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www.seismonaut.com

Courses, workshops, seminars, conferences, speaking engagements...

Digital strategy, business developement

“Campaigns”, idea catalogues...

Digital concept developement

Digital business developement

Digital competency building

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http://www.flickr.com/photos/bugmonkey/2844115494/sizes/o/http://www.flickr.com/photos/wookiewookie/3304930395/http://www.flickr.com/photos/kullarmark/4445692593/sizes/l/http://www.flickr.com/photos/kareneliot/2710464400/sizes/o/http://www.flickr.com/photos/matt_hintsa/3410080063/sizes/l/http://www.flickr.com/photos/avantard/2323153190/sizes/l/http://www.flickr.com/photos/oewf/2924217723/sizes/l/http://www.flickr.com/photos/amphalon/3368393146/in/set-72157615623434624/http://www.flickr.com/photos/umpcportal/4581962986/sizes/o/http://www.flickr.com/photos/bixentro/5041277503/sizes/o/http://www.flickr.com/photos/mr_gumby/3015678163/sizes/z/http://www.flickr.com/photos/claudio_ar/2668101751/sizes/l/http://www.flickr.com/photos/feuilllu/302001867/sizes/o/http://www.flickr.com/photos/marcoarment/1955464307/sizes/l/http://www.flickr.com/photos/karla_k/2776839587/sizes/l/http://www.flickr.com/photos/michaelrubottom/5616898183/sizes/o/in/photostream/http://www.flickr.com/photos/pickard/99396908/sizes/o/in/photostream/http://www.flickr.com/photos/mirka23/4002590852/sizes/o/in/photostream/http://www.flickr.com/photos/letscolour/5101964700/sizes/l/in/set-72157625209691148/http://www.flickr.com/photos/sophos9/4596452112/sizes/l/in/photostream/http://www.flickr.com/photos/localcelebrity/4004841539/sizes/o/in/photostream/http://www.flickr.com/photos/blucier/5548818034/sizes/l/in/photostream/http://www.flickr.com/photos/affsum/3846975530/sizes/l/in/photostream/http://www.flickr.com/photos/aleksiaaltonen/2452924948/sizes/l/in/photostream/http://4.bp.blogspot.com/_-VNLrjHV420/TVAS0ipO4uI/AAAAAAAAAGE/dB59EvPoTjQ/s1600/Thomas+Power.jpghttp://www.flickr.com/photos/eschipul/3344142759/sizes/l/in/photostream/http://www.flickr.com/photos/jpmatth/5698219359/sizes/l/in/photostream/http://www.flickr.com/photos/sshb/4105817714/sizes/l/in/photostream/http://www.flickr.com/photos/roboppy/95539801/sizes/l/in/photostream/

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