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WHAT  IS SOCIAL  MEDIA ?
SOCIAL MEDIA   IS AN UMBRELLA TERM THAT DEFINES THE VARIOUS ACTIVITIES THAT INTEGRATE TECHNOLOGY, SOCIAL INTERACTION, AND THE CONSTRUCTION OF WORDS, PICTURES, VIDEOS AND AUDIO. www.wikipedia.org
More Simply Put: ā€œ Social Media  is people having conversations online.ā€
The conversations are powered byā€¦ ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],(ā€¦just to name a few)
WHY IS IT  IMPORTANT?
Reason # 1 India has the  FOURTH  largest number  of Internet users in the world, with  81 MILLION  users. India is behind the US (220 million), China (210 million) and Japan (88.1 million). www.economictimes.indiatimes.com
Reason # 2 India has an estimated  46 MILLION   active Internet users come from urban area.  www.livemint.com
Reason # 3 An average Indian Internet user spends 28 MINUTES  per visit, and has 25 VISITS A MONTH .   Which is ā€œnearlyā€ 12 hours a month? www.comscore.com
Reason # 4 SOCIAL-NETWORKING SITES  ARE OFFICIALLY  MORE  POPULAR THAN PORN SITES TIME, OCTOBER 13, 2007
WIKIPEDIA Almost 4,000,000 articles
100,000,000  videos  (65,000 new videos/day)
200,000,000 blogs
1.5 million   Residents
73%   of active online users have read a blog Source: Universal McCann Comparative Study on Social Media Trends April 2008
45%   have started their own blog
39%   subscribe to an RSS feed
57%   have joined  a social  network
55%   have uploaded photos
83%   have watched video clips
ā€œ THEREFORE IN2011, IF YOUā€™RE NOT ON A SOCIAL NETWORKING YOUā€™RE NOT ON THE INTERNET ā€™ā€™ IAB PLATFORM STATUS REPORT: USER GENERATED CONTENT, SOCIAL MEDIA, AND ADVERTISING
ITā€™S NOT A FAD. ITā€™S A FUNDAMENTAL  SHIFT IN THE WAY  WE COMMUNICATE.
The old communication model  is a  monologue.
Only  18%   of  TV ad campaigns generate positive ROI
90%   of people who can skip TV ads, do.
The average person is exposed to 3000   advertising messages a day
BUT  78% OF PEOPLE TRUST THE RECOMMENDATIONS OF OTHER CONSUMERS. NIELSEN ā€œTRUST IN ADVERTISINGā€ REPORT, OCTOBER 2007
AND ONLY  14% OF PEOPLE TRUST ADVERTISEMENTS.
14%  VS.   78% HMMā€¦.
The Social Media Communication is a  dialogue.
Which means itā€™sā€¦. TRANSPARENT AUTHENTIC VIBRANT CONSUMER-DRIVEN
And itā€™s NOTā€¦ CONTROLLED ORGANIZED PRODUCT-DRIVEN
ā€œ Content is the new democracy and we the people, are ensuring that our voices are heard.ā€ Brian Solis, ā€œThe Social Media Manifestoā€
THEY ARE TALKING ABOUT YOUR BRAND. RIGHT NOW . THATā€™S WHAT YOU WANTEDā€¦
34%   post opinions about your products & brands on their blog
36% think more positively about companies that have blogs
32% trust bloggersā€™ opinions on products & services
SOCIAL MEDIA ā€œ IS ONLY GOING TO BECOME MORE PERVASIVE  AND WILL PLAY A CRITICAL FACTOR IN THE SUCCESS OR FAILURE OF ANY BUSINESS.ā€ BRIAN SOLIS, SOCIAL MEDIA MANIFESTO, AUGUST 21, 2007
SOURCE: UNIVERSAL MCCANN COMPARATIVE STUDY ON SOCIAL MEDIA TRENDS APRIL 2008 % Ever done Wave 1 Sep 06 Wave 2 Sep 07 Wave 3 Sep 08 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Start my own blog/weblog Leave a comment on a news site Read blogs/weblogs subscribe to an RSS feed Create a profile on a social network Download a podcast (pre-recorded radio / audio show) Watch video clips online Welcome to the future
WHY THIS TREND IS  HERE  TO STAY ?
cost of storage has gone down... Reason # 1
BROAD BAND   has gone from NICE  to have to a   MUST  have commodity Reason # 2
MORE PARTICIPATION Reason # 3 content tool of production
India is the world's  'youngest'   nation  Reason # 4 the average age is just 24.9   years
THE TRAIN IS LEAVING THE STATION. WITH OR WITHOUT YOU.
HOW DO I GET ON THE TRAIN ?

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Important of Social Media

  • 1. WHAT IS SOCIAL MEDIA ?
  • 2. SOCIAL MEDIA IS AN UMBRELLA TERM THAT DEFINES THE VARIOUS ACTIVITIES THAT INTEGRATE TECHNOLOGY, SOCIAL INTERACTION, AND THE CONSTRUCTION OF WORDS, PICTURES, VIDEOS AND AUDIO. www.wikipedia.org
  • 3. More Simply Put: ā€œ Social Media is people having conversations online.ā€
  • 4.
  • 5. WHY IS IT IMPORTANT?
  • 6. Reason # 1 India has the FOURTH largest number of Internet users in the world, with 81 MILLION users. India is behind the US (220 million), China (210 million) and Japan (88.1 million). www.economictimes.indiatimes.com
  • 7. Reason # 2 India has an estimated 46 MILLION active Internet users come from urban area. www.livemint.com
  • 8. Reason # 3 An average Indian Internet user spends 28 MINUTES per visit, and has 25 VISITS A MONTH . Which is ā€œnearlyā€ 12 hours a month? www.comscore.com
  • 9. Reason # 4 SOCIAL-NETWORKING SITES ARE OFFICIALLY MORE POPULAR THAN PORN SITES TIME, OCTOBER 13, 2007
  • 11. 100,000,000 videos (65,000 new videos/day)
  • 13. 1.5 million Residents
  • 14. 73% of active online users have read a blog Source: Universal McCann Comparative Study on Social Media Trends April 2008
  • 15. 45% have started their own blog
  • 16. 39% subscribe to an RSS feed
  • 17. 57% have joined a social network
  • 18. 55% have uploaded photos
  • 19. 83% have watched video clips
  • 20. ā€œ THEREFORE IN2011, IF YOUā€™RE NOT ON A SOCIAL NETWORKING YOUā€™RE NOT ON THE INTERNET ā€™ā€™ IAB PLATFORM STATUS REPORT: USER GENERATED CONTENT, SOCIAL MEDIA, AND ADVERTISING
  • 21. ITā€™S NOT A FAD. ITā€™S A FUNDAMENTAL SHIFT IN THE WAY WE COMMUNICATE.
  • 22. The old communication model is a monologue.
  • 23. Only 18% of TV ad campaigns generate positive ROI
  • 24. 90% of people who can skip TV ads, do.
  • 25. The average person is exposed to 3000 advertising messages a day
  • 26. BUT 78% OF PEOPLE TRUST THE RECOMMENDATIONS OF OTHER CONSUMERS. NIELSEN ā€œTRUST IN ADVERTISINGā€ REPORT, OCTOBER 2007
  • 27. AND ONLY 14% OF PEOPLE TRUST ADVERTISEMENTS.
  • 28. 14% VS. 78% HMMā€¦.
  • 29. The Social Media Communication is a dialogue.
  • 30. Which means itā€™sā€¦. TRANSPARENT AUTHENTIC VIBRANT CONSUMER-DRIVEN
  • 31. And itā€™s NOTā€¦ CONTROLLED ORGANIZED PRODUCT-DRIVEN
  • 32. ā€œ Content is the new democracy and we the people, are ensuring that our voices are heard.ā€ Brian Solis, ā€œThe Social Media Manifestoā€
  • 33. THEY ARE TALKING ABOUT YOUR BRAND. RIGHT NOW . THATā€™S WHAT YOU WANTEDā€¦
  • 34. 34% post opinions about your products & brands on their blog
  • 35. 36% think more positively about companies that have blogs
  • 36. 32% trust bloggersā€™ opinions on products & services
  • 37. SOCIAL MEDIA ā€œ IS ONLY GOING TO BECOME MORE PERVASIVE AND WILL PLAY A CRITICAL FACTOR IN THE SUCCESS OR FAILURE OF ANY BUSINESS.ā€ BRIAN SOLIS, SOCIAL MEDIA MANIFESTO, AUGUST 21, 2007
  • 38. SOURCE: UNIVERSAL MCCANN COMPARATIVE STUDY ON SOCIAL MEDIA TRENDS APRIL 2008 % Ever done Wave 1 Sep 06 Wave 2 Sep 07 Wave 3 Sep 08 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Start my own blog/weblog Leave a comment on a news site Read blogs/weblogs subscribe to an RSS feed Create a profile on a social network Download a podcast (pre-recorded radio / audio show) Watch video clips online Welcome to the future
  • 39. WHY THIS TREND IS HERE TO STAY ?
  • 40. cost of storage has gone down... Reason # 1
  • 41. BROAD BAND has gone from NICE to have to a MUST have commodity Reason # 2
  • 42. MORE PARTICIPATION Reason # 3 content tool of production
  • 43. India is the world's 'youngest' nation Reason # 4 the average age is just 24.9 years
  • 44. THE TRAIN IS LEAVING THE STATION. WITH OR WITHOUT YOU.
  • 45. HOW DO I GET ON THE TRAIN ?

Editor's Notes

  1. THATā€™S WHAT YOU WANTEDā€¦