introduction to social media
DESCRIPTION
Presented to Nike Southeast Asia Sales team on 24 May 2010.TRANSCRIPT
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Introduction to Social MediaIntroduction to Social MediaPresentated to Nike Southeast Asia Sales teamPresentated to Nike Southeast Asia Sales team
24 May 201024 May 2010
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Social MediaSocial Media
“Social media is a term used to describe the type of media that is based on conversation and
interaction between people online … Social media are media designed to be disseminated
through social interaction, using highly accessible and scalable publishing techniques.”
Wikipedia
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Social Media : a “Revolution”?Social Media : a “Revolution”?
“Is Social Media a fad or the biggest shift since the Industrial Revolution?”
Socialnomics – Social Media Blogwww.socialnomics.net
http://www.youtube.com/watch?v=lFZ0z5Fm-Ng&feature=player_embedded#!(About 1.9 million views)
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Social media has overtaken porn as the #1 activity on the web.
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“Seeing how the youth of the world now navigate and communicate and engage with each other is a
fascinating change we’re going through … The old media versus the new media transition is one of the great stories of our time. Being able to participate
within that is a fascinating opportunity.”
Charlie DensonPresident of the Nike Brand
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Why “revolution”? Why “revolution”?
How do people get information?
And at what price?
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Where people get informationWhere people get informationVersus last year …– Spending time online ↑56%– Listening to music ↑53%– Using my mobile ↑49%– Social networks ↑37%– Spending $$$ on music ↓36%– Watching TV ↓46%– Playing console games ↓50%
Source: MTV Circuits of Cool
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““Old” vs “New” mediaOld” vs “New” media
Newspaper circulation is down 7 million over the last 25 years
In the last 5 years, unique readers of online newspapers are up 30 million
Advertising is in decline:
– Newspapers by 18.7%
– TV by 10.1%
– Radio by 11.7%
– Magazines by 14.8%
Advertising is on the rise:
– Web by 9.2%
– Mobile by 18.1%
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Asian youth embrace SNSAsian youth embrace SNS
76% belong to at least one social network
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Asians lead in online social mediaAsians lead in online social media
China, South Korea, India and Japan lead in blogging, micro-blogging & social networksThere are around 88m bloggers in China out of a global population of 240m
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Where people get informationWhere people get information
Facebook gets over 250 million visitors a month80 million visitors from Asia – Ave 2.6 visits a day– Ave 24.5 minutes a day– ID 22.5m, PH 13.0m, MY 6.4m
There are over 12,000 Facebook pages and over 67,000 Facebook profiles that contain the word “Nike”
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Where people get informationWhere people get information
The recommendation by a friend online improves opinion of a brand, especially in Korea & China
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New GamersNew Gamers• Farmville on Facebook
gets over 75 million players a month; Mafia Wars, about 22 million
• Zynga (Farmville, Mafia Wars), the world’s biggest social games company, is estimated as to be worth as much as $5 billion
• Rick Thompson, founder of Playdom (Sorority Life), estimates that in the future, 90% of social network users will be play social games
• Revenue for China’s online game industry was estimated to be $3.57 billion in 2009.
• China’s online games market is expected to generate $9.2 billion in revenues by 2014
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Price of content = zero?Price of content = zero?
95% of songs downloaded last year weren’t paid for
There are over 20 million music videos on Youtube
It took me 11 minutes to download the last episode of Battlestar Galactica
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Price of content = zero?Price of content = zero?
“As more and more businesses become digital businesses, as more and more
services become software, as more and more products become downloads … the
inevitable destination is free.”
http://www.youtube.com/watch?v=RZkeCIW75CU“FREE! Why $0.00 is the Future of Business”
Chris Anderson, Editor-in-Chief, WIRED
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Today’s young peopleToday’s young people
• No longer turn to “traditional” media• Believe content is free• More “online” than “offline” friends• Influence each other re: brands (especially
online)
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Brands & social mediaBrands & social media
2,634 “Fans”! “Dissapointed with m1...have been with m1 for
almost 8 years and what they can offer for a recontract is oni a 50 bucks voucher??? I might
as well switch to singtel and and get the 100bucks off number porting and complete my
plan with the mio home. M1 is such a disappointment.”
“Worst customer service ever, especially for
corporate customers.”
“Im becoming a fan here to tell everyone dat m1's
services really suck.”
“M1 U totally suck! I have been a loyal customer for 10+ years & this is how U
treat your customers!!! ”
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Brands & social mediaBrands & social media
• Members: 23,325• Discussion
threads: 81• Related news
stories in Google News: 17• “Boycott” tshirt
designs: 3• Formal responses
from Singtel or Starhub: 0
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Does advertising still define brands?Does advertising still define brands?
25% of search results for the world’s top 20 largest brands are links to user-generated content
34% of bloggers post opinions about products and brands
(Socialnomics)
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Does advertising still define brands?Does advertising still define brands?
http://www.youtube.com/watch?v=5NTRvlrP2NU&feature=relatedViews: 3,140,990
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Or do the consumers define your brand?Or do the consumers define your brand?
“Nike Tiger Spoof” = 384 search results on YoutubeExample 1, Example 2, Example 3
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Relevance is a cornerstone of the Nike brandRelevance is a cornerstone of the Nike brand
“We continue to ask ourselves, ‘Are we staying edgy? Are we staying compelling? Are we staying interesting? Are we connecting with the youth of today the way we have for the past 40 years?’”
Charlie DensonPresident of the Nike Brand
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Brands & social mediaBrands & social media
What social media is NOT:• Social media is NOT advertising• It is NOT campaign-based• It is NOT about your agenda• It will NOT give you sales ROI
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Nokia N93 TVChttp://www.youtube.com/watch?
v=obMbxSTsF9Y
Fan filmhttp://www.youtube.com/watch?
v=YQrMvtchYSc
Celebrate fansCelebrate fans
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Brands & social mediaBrands & social media
What you should be doing in social media:• Social media allows for dialogue• Monitor all touch-points• Use it to test or bounce off ideas• Be everywhere your consumers are• Reward fans
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Thank You!Thank You!Miguel BernasMiguel Bernas
Chief Marketing OfficerChief Marketing OfficerMatchMove GamesMatchMove Games
[email protected]@matchmovegames.comLinkedIn http://sg.linkedin.com/in/miguelbernasLinkedIn http://sg.linkedin.com/in/miguelbernas
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