Archive for the ‘Social Media’ Category

Twitter To Be A Leader in Advertising Revenues

Published by admin on September 30th, 2011 - in Social Media

Twitter will earn $139.5 million in global ad revenues this year, up 210% from $45 million in 2010, according to a new forecast from eMarketer. By 2013, eMarketer estimates worldwide ad revenues at Twitter will reach nearly $400 million.

This forecast features a slightly lower 2011 ad revenue estimate than eMarketer’s previous estimate from January 2011—a result of Twitter’s slower-than-expected rollout of several advertising initiatives, including ad sales offices in markets outside the US and a platform enabling advertisers to buy ads on a self-serve basis. In January, eMarketer forecast that Twitter would have $150 million in ad revenue this year.

 

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Ninety-six percent of Twitter’s ad revenues will come from the US this year, eMarketer predicts, falling to 88% by 2013 when ad dollars from elsewhere in the world will make up a more substantial revenue stream. Twitter’s US ad revenues will still more than double during that time period, rising from $133.9 million this year to $351.6 million in 2013.

Are You Using Tumblr Yet?

Published by admin on September 23rd, 2011 - in Social Media

Tumblr, the social blogging site, has seen solid growth since its launch in 2007. More users are publishing on the site and viewing others’ posts, while brands, media outlets and marketers are experimenting with how best to leverage this growing community.

In its “State of the Media: Social Media Report Q3, 2011,” The Nielsen Company tracked Tumblr unique US visitors from May 2010 to May 2011 and found 183% growth in a single year. In May 2011, the site had 11.9 million unique visitors, up from 4.2 million one year earlier, and averaged  21,280 messages and links posted per day.

Combining elements of both traditional blogging and Twitter, Tumblr makes it easy to create posts that include photos, videos and links, and offers a more social element, including following other blogs and re-blogging posts. Fashion brands have quickly taken to the site, posting vivid photos of clothing and other items, while media outlets have made use of the site to share the latest news.

As more users create blogs on the site and marketers experiment with how their brands can be involved, Tumblr is likely to become a bigger player in the social space.

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Social Media Is Where To Find Consumers Online

Published by admin on September 19th, 2011 - in Social Media

The internet continues to become a more integral part of the American lifestyle.  As the access to information increases with more digital products and smartphones, the internet is the center of social life as it is the most convenient and consistent form of communication.  Americans spend more time on Facebook than any other website as it is great to communicate and to find those friends from yesterday.

In the U.S., social networks and blogs reach nearly 80 percent of active U.S. Internet users and represent the majority of Americans’ time online.  The value of the time consumers spend online and on social networks and blogs continues to grow, most visible through the influence on purchase decisions.  For instance, 60 percent of people who use three or more digital means of research for product purchases learned about a specific brand or retailer from a social networking site.  Forty-eight percent of these consumers responded to a retailer’s offer posted on Facebook or Twitter.As the influence of social media – and those using social media – continues to grow, it’s crucial for traditional media, retailers, brands and advertisers to understand how different consumer segments use and share content.  Nielsen’s “State of the Media: The Social Media Report – Q3 2011″ presents a snapshot of the current social media landscape and audiences in the U.S. and other major markets.

Additional Findings Include:

  • Social networks and blogs continue to dominate Americans’ time online, now accounting for nearly a quarter of total time spent on the Internet
  • Social media has grown rapidly – today nearly 4 in 5 active Internet users visit social networks and blogs
  • Americans spend more time on Facebook than they do on any other U.S. website
  • Close to 40 percent of social media users access social media content from their mobile phone
  • Social networking apps are the third most-used among U.S. smartphone owners
  • Internet users over the age of 55 are driving the growth of social network-ing through the Mobile Internet
  • Although a larger number of women view online video on social networks and blogs, men are the heaviest online video users overall streaming more videos and watching them longer
  • 70 percent of active online adult social networkers shop online, 12 percent more likely than the average adult Internet user
  • 53 percent of active adult social networkers follow a brand, while 32 percent follow a celebrity
  • Across a snapshot of 10 major global markets, social networks and blogs reach over three-quarters of active Internet users
  • Tumblr is an emerging player in social media, nearly tripling its audience from a year ago.

Source: Nielsen’s “State of the Media: The Social Media Report – Q3 2011″

Does Peer Pressure Work In Social Media?

Published by admin on September 17th, 2011 - in Social Media

On one level, the research that emerged from HP Labs Friday is unsurprising: we tend to bow to peer pressure, and it’s as true in social media as in real life.

But how much peer pressure does it take, and what other factors come into play? The answers may surprise you.

HP Labs computers scientists, including veteran online behavior researcher Bernardo Huberman, asked 600 participants to answer a few simple questions about online photos. Which of two baby pictures is cuter, and which of these two couches (above) would you choose to buy for a friend?

Whichever one they chose, the researchers rigged it so the other picture was shown to be more popular, using a Facebook-style Like system. The participants then had a chance to change their minds. Each time, however, they changed the number of Likes each picture got, and waited for a different length of time before giving them a second chance.

The result: 22% of people were swayed by the peer pressure — but only if there was a long gap between the first and second chance. Given the chance to change their mind immediately, only 14% of participants did so.

Most interestingly, people were only likely to change their minds if there were a moderate number of Likes on the other side. As soon as the Likes on their choice of picture were outweighed by 20 times or more, participants dug in their heels and stuck with their original choice.

Translation: if there’s a large number of people who disagree with us, we’re stubborn as hell. If you want to persuade someone to change teams, make sure their side does not appear to be outrageously unpopular, crushed by a giant weight of evidence. That, as I’m sure you’re thinking too, could explain a whole lot about politics.

Huberman’s advice for marketers? “Rather than overwhelming consumers with strident messages about an alternative product or service, in social media, gentle reporting of a few people having chosen that product or service can be more persuasive.”

Check out the full study, in PDF format, here.

Facebook Removes Life Support on Places

Published by admin on August 24th, 2011 - in Social Media

Rest in peace, Facebook Places. At least that’s what all 6% of the people who actually used it might be saying. It looks like Foursquare is going to win the
location-based check-in service battle, as Facebook announced yesterday it would be killing the Facebook Places check-in feature within its mobile app.

Facebook’s Places feature, released a year ago, was thought by many to be a viable competitor to other popular check-in apps like Foursquare and Gowalla,
given Facebook’s large user base. However, by last October, only about 6% of Facebook users were touching the service.

Facebook did reveal that, while it is killing Places, it will optionally add locations to users’ status updates or pictures. How useful will it be? Only time will tell, but we think not that useful.

Other check-in applications like Foursquare and Gowalla are likely doing the opposite of mourning Facebook Places’ death. Foursquare, which now has over 10  million users and more than half a million businesses offering deals in conjunction with check-ins, has been especially active lately, recently adding
the ability for users to check-in to specific events rather than just the venues associated with them. The company has also partnered with several daily deals sites (LivingSocial, Gilt City, Zozi,  AT&T Interactive, and BuyWithMe), providing better deals to customers that check-in.

Read more: http://blog.hubspot.com/blog/tabid/6307/bid/23555/Facebook-Kills-Places-Foursquare-and-Gowalla-Rejoice.aspx#ixzz1Vy15xYbE

StumbleUpon Passes Facebook in Social Media Market Share

Published by admin on August 22nd, 2011 - in Social Media

According to StatCounter’s measurements, StumbleUpon has just surpassed Facebook and now delivers more than half of all social media referral traffic in the U.S. StumbleUpon founder and CEO Garrett Camp tweeted the newsthis afternoon.

Facebook achieved this goal in April of 2010, but StumbleUpon was already well on its way. At that time, StumbleUpon already gave twice as many referrals as Twitter. StumbleUpon’s user experience is fanciful and fun, but its traffic power for publishers is quite serious. While the other social networks make the headlines, StumbleUpon has been a quiet success story. In light of today’s news, it won’t be so quiet for long.

Social Media Market Share

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Source: StatCounter Global Stats – Social Media Market Share

What Does Google+ Mean For Your Brand?

Published by admin on August 15th, 2011 - in Social Media

Google+ is red hot in the marketing buzz world.  Are you thinking about what it could mean for your brand?  Here is a nice slideshare from Publicis Modem UK as published on slideshare.  Enjoy and comment.

 

 

 

Google+ May Surpass Facebook in the Future

Published by admin on August 8th, 2011 - in Social Media

Google new social-networking service may grow to claim 22 percent of online U.S. adults in a year, passing Twitter Inc. and LinkedIn Corp. to be the second-most-used social site after Facebook Inc., a survey found.

Google+ has signed up 13 percent of U.S. adults and will add 9 percent over the next year, according to the survey from Bloomberg/YouGov. In the same period, Facebook will lose about 2 percentage points of U.S. adults to keep 69 percent of that population, while Twitter and LinkedIn continue to grow their portion of users.

Started in late June, Google+ is growing faster than Facebook and MySpace Inc. did in their early days. The service, which lets people connect with and manage groups of friends on a website, gained about 25 million users worldwide in less than a month, estimates market researcher ComScore Inc. (SCOR) Facebook has more than 750 million active users.

The results showed Twitter will add almost 3 percentage points of U.S. adults online over the next year to claim 20 percent of the population. LinkedIn will also have signed up 20 percent of those people, after gaining almost 2 percentage points within the year, the survey found.

Among survey respondents who had signed up for Google+, 45 percent said they read content on the site every day, compared with Facebook’s 62 percent of users. Twitter has 42 percent of its users return daily, while LinkedIn has 8 percent.

Google+ usage is likely to take away from the time people spend on Facebook, the survey found. Some 30 percent of people who use both services said they plan to reduce the amount of time they spend on Facebook.

 

Use Digital Marketing to Target Weekday Mothers

Published by admin on July 29th, 2011 - in Mobile Marketing, Social Media

 As the family’s chief purchasing officer, mothers are VIPs to marketers. And to reach moms, marketers are wise to invest in digital advertising.

When the Coalition for Innovative Media Measurement and Media Behavior Institute surveyed US moms about the media activities they engage in during weekdays, they found that among both millennial and Gen X mothers, mobile usage was most common—even ahead of television.

Target Weekday Moms with Digital Media

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Other favorites in the digital area among moms of all ages are going online, social networking and emailing.

And when it comes to advertisements, another survey of moms by About.com could lead to the conclusion that the type of ads that engage mothers are those best experienced online. For example, 51% of moms said “ads that provide detailed information about how I can use a product” grab their attention. After all, it is difficult to offer much detail in a 60-second TV spot.

Some 39% of About.com’s respondents pointed to “visually appealing ads,” while another 21% were attentive to interactive ads like polls, quizzes and games.

© G3 Marketers 2011