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Transcript for Social Media Revolution

Time Content
00:00 → 00:04

Is social media a fad?

00:05 → 00:07

Or is it the biggest shift since the Industrial Revolution?

00:08 → 00:11

Welcome to the Revolution

00:14 → 00:16

By 2010 Gen Y will outnumber Baby Boomers

00:17 → 00:19

96% of them have joined a social network

00:19 → 00:22

Social media has overtaken porn as the nº1 activity on the web

00:22 → 00:25

1 out of 8 couples married in the U.S. last year met viea social media

00:26 → 00:28

Years to reach 50 millions users

00:29 → 00:31

Radio, 38 years

00:32 → 00:34

TV, 13 years

00:34 → 00:35

Internet, 4 years

00:36 → 00:37

Ipod, 3 years

00:39 → 00:42

Facebook added 100 million users in less than 9 month

00:43 → 00:46

Ipod application downloades hit 1 billon in 9 month

00:47 → 00:49

If facebook were a country, it would be the world´s 4th largest

00:49 → 00:50

Aunque ...

00:51 → 00:54

China´s QZone is larger with over 300 million using their services

00:56 → 00:58

2009 US Department of Education study revealed that on average,

00:58 → 01:01

online students out performed those receiving face-to-face instruction

01:01 → 01:04

1 in6 higher education studens are enrolled in online curriculum

01:04 → 01:07

80% of companies are using LinkedIn as their primary tool to find employees

01:07 → 01:10

The fastest growing segment on FAcebook is 55-65 year-old female

01:10 → 01:20

Ashton Kutcher and Ellen DeGeneris have more twitter followers than the population of Ireland, Norway and Panama

01:23 → 01:25

80% of twitter usage is on mobile devices.

01:25 → 01:26

people update anywhere, anytime

01:26 → 01:29

Imagine what that means for bad customer experience

01:30 → 01:32

Generation Y and Z consider e-mail passé

01:32 → 01:35

In 2009 Boston College stopped distributin e-mail addresses to incoming freshmen

01:35 → 01:44

What happens in Vegas stays on Facebook, Twitter, Orkut, Bebo, Flickr, digg, myspace, youtube

01:44 → 01:47

Youtube is the 2nd largest search engine in the world

01:47 → 01:50

100,000,000 videos

01:52 → 01:55

WikiI is an Hawaiian term = Quick

01:55 → 01:58

Wikipedia has over 13 millon articles

01:58 → 02:01

Studies show it´s moreaccurate than Encyclopedia Britannica

02:01 → 02:02

78% of these articles are non English

02:02 → 02:06

If you are paid $1 for every time an article was posted on Wikipedia, you would earn $136.23

02:06 → 02:08

per hour

02:08 → 02:13

There are over 200,000,000 Blogs. 54% of bloggers post content on tweet daily

02:13 → 02:19

Word of mouth... World of mouth

02:20 → 02:22

25% of search results for the world´s top 20 largest brands are links to user-generated content

02:22 → 02:26

34% of bloggers post opinions about products & brands

02:26 → 02:31

Do you like what they are saying about your brand?

02:31 → 02:36

better...

02:37 → 02:41

People care more how their socail graph ranks products and

02:41 → 02:44

services than how Google ranks them

02:45 → 02:48

75% of consumers trust peer recommendations

02:48 → 02:53

Only 14% trust advertisements

02:54 → 02:58

Only 18% of traditional TV campaigns generate a positive ROI. 90% of people than can TIVO ads do

02:58 → 03:02

Hulu has grown from 63 millon total stream in April 2008 to 373 millon in April 2009

03:02 → 03:05

70% of 18 to 34 years old have watched TV on the web

03:05 → 03:09

only 33% have ever viewed a show on DVR/TiVo

03:09 → 03:14

25 % of Americans in the past month said they watched a short video on their phone

03:15 → 03:18

35% of book sales on Amazon are for the Kindle

03:19 → 03:23

24 of the 25 largest Newspapers are experiencing record declines in circulation

03:25 → 03:30

We no longer search for the news, the news finds us ...

03:30 → 03:33

In the near future we will no longer search for products and services

03:34 → 03:38

they will find us via social media

03:39 → 03:42

Social MEdia isn´t a fad, it´s a fundamental shift in the way we communicate.

03:43 → 03:45

More that 1.5 million pieces of content (web links, news stories, blog posts, notes, photos, etc.) are shared on Facebook

03:46 → 03:47

Daily

03:48 → 03:50

"It´s the economy stupid." James Carville, 1992

03:51 → 03:54

"It´s a people driven the economy stupid." Erik Qualman, 2009

03:55 → 03:57

Successful companies in socail media act more like Dale Carnegie and less like David Ogilvy

03:57 → 04:00

Listening first, selling second

04:00 → 04:03

They act more like party planners, aggregators and content providers than traditional advertisers

04:03 → 04:07

Still think socail media is a fad?

04:08 → 04:11

Welcome to the World of Socialnomics

04:12 → 04:15

Are you ready?