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The Internetz – Now and Later


Alex Lawrence: Vice Provost – Weber State University

Twitter: @_AlexLawrence (underscore before my name)

LinkedIn: /AlexOnLinkedIn

Facebook: /AlexLawrence

Blog: StartupFlavor.com

Presentation Download: slideshare.net/
Street Cred – Blah, Blah, Blah

 98,000+ Twitter Followers (Top 5 in Utah)

 5,000+ Friends and 8,500+ Subscribers on FB

 50,000+ Blog Subscribers (active in 2011)

 3,000+ LinkedIn Connections

 4,000+ FourSquare Check Ins

 1,200+ mobile apps downloaded

 Average 1,300+ clicks per link and 100K+ views per post
50M Users Put In Perspective


   Radio


 Internet


    iPod                        Years


Facebook


            0   5   10     15
Twitter Stats

 500M registered users

 Adding 500,000 per day

 73% of Fortune 500 have *active Twitter accounts

 340 million tweets per day

 1 billion tweets per week

 Largest VC raise in software history = $800M
Facebook Stats

 955+ million monthly active users

 50% log on once per day

 Average user has 130 FB friends

 543 million active mobile users per month

 30 billion pieces of content (links, news, blog
  posts, photos) uploaded per month

 Average user spends 12 hours/month on FB
Mobile Market Stats

 Average teen sends 1500 texts per month

 76% of all phone subscribers use texting

 Seven trillion texts sent in 2011

 With only 19% smartphone market penetration

 500,000+ iOS apps, 37% are free

 Within 5 years, mobile internet access > desktop access
Advertising $ Follows Eyeballs

                        1995    2010

Global Internet Ad      $55MM   $90B
Revenue
Ad Revenue Per User      $9     $86


Global Internet Users   6MM     2.2B
Facebook Ads

 Google AdWords market share is shrinking

 Facebook Ads growing but still imperfect

 Google+ designed to combat massive loss of eyeballs

 Search vs. Human Curation (social and sharing)

 9/6/12 article – losing to Twitter on mobile ad revenue
YouTube

 Television is actually moving to the Internet this time

 108M people
   Watch 1.3B videos
      Today

 Used to say ‘Broadcast Yourself’ – not anymore

 3rd most watched brand?
   OraBrush – tongue scraper in Provo
What Am I Watching?

 Square - accept payments
 UBER and Lyft - disrupt taxi, car wash and others
 Simple – financial institutions should pay close attention
 Republic Wireless ($19/month unlimited everything)
 Group buying 2.0 (flights, niche fashion, more)
 FourSquare and Yelp – location/phone based help
 App.net – paid social network ($50/year)
What Am I Watching?

 StockTwits – social stock broker

 Fiverr & Task Rabbit – cheap outsourcing in US

 TalkTo – text any business for a reply

 Vinny – power in the used car buyers hands

 Amazon Prime – same day shipping in entire US

 Mighty return of e-commerce (niche)
What Am I Watching?

 Apple Invading Everything
   Medical
   Home services
   Restaurants (order from mobile)
   Books (rent textbooks instead of buy)
   Movies (direct to home)
   Kids
   $35 tablet in India - $199 Amazon Kindle Fire
   Streaming audio service rumored (Pandora competitor)
What Does It Mean?

 Every site has to be mobile friendly

 Brands that connect online are winning & extending lead

 Internet marketing spend will be majority of budget

 Don’t actively work on a web strategy?
   Lose existing customers
   Lose future sales
   Lose your job
   Lose all kinds of opportunities (personal and professional)
Learn = Earn

 Websites to bookmark
   Learn to code - Codecademy.com
   TechCrunch – new tech companies
   GigaOm.com – general tech news (software & hardware)
   Gizmodo – gadets & hardware
   SEOmoz.com – search and social
   Topic specific blogs
     Sales
     Marketing
     Cutting edge hardware/software for you to adopt
Learn = Earn

 Pick two and become fluent
   Social
   SEO
   PPC
   Affiliates
   Email

 Google has all of the answers

 Not participating means someone else controls your
  brand (your name and/or your business)
Question & Answer

 Presentation available at Slideshare:

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Heber Valley Economic Summit 9-7-12

  • 1. The Internetz – Now and Later Alex Lawrence: Vice Provost – Weber State University Twitter: @_AlexLawrence (underscore before my name) LinkedIn: /AlexOnLinkedIn Facebook: /AlexLawrence Blog: StartupFlavor.com Presentation Download: slideshare.net/
  • 2. Street Cred – Blah, Blah, Blah  98,000+ Twitter Followers (Top 5 in Utah)  5,000+ Friends and 8,500+ Subscribers on FB  50,000+ Blog Subscribers (active in 2011)  3,000+ LinkedIn Connections  4,000+ FourSquare Check Ins  1,200+ mobile apps downloaded  Average 1,300+ clicks per link and 100K+ views per post
  • 3. 50M Users Put In Perspective Radio Internet iPod Years Facebook 0 5 10 15
  • 4. Twitter Stats  500M registered users  Adding 500,000 per day  73% of Fortune 500 have *active Twitter accounts  340 million tweets per day  1 billion tweets per week  Largest VC raise in software history = $800M
  • 5. Facebook Stats  955+ million monthly active users  50% log on once per day  Average user has 130 FB friends  543 million active mobile users per month  30 billion pieces of content (links, news, blog posts, photos) uploaded per month  Average user spends 12 hours/month on FB
  • 6. Mobile Market Stats  Average teen sends 1500 texts per month  76% of all phone subscribers use texting  Seven trillion texts sent in 2011  With only 19% smartphone market penetration  500,000+ iOS apps, 37% are free  Within 5 years, mobile internet access > desktop access
  • 7. Advertising $ Follows Eyeballs 1995 2010 Global Internet Ad $55MM $90B Revenue Ad Revenue Per User $9 $86 Global Internet Users 6MM 2.2B
  • 8. Facebook Ads  Google AdWords market share is shrinking  Facebook Ads growing but still imperfect  Google+ designed to combat massive loss of eyeballs  Search vs. Human Curation (social and sharing)  9/6/12 article – losing to Twitter on mobile ad revenue
  • 9. YouTube  Television is actually moving to the Internet this time  108M people  Watch 1.3B videos  Today  Used to say ‘Broadcast Yourself’ – not anymore  3rd most watched brand?  OraBrush – tongue scraper in Provo
  • 10. What Am I Watching?  Square - accept payments  UBER and Lyft - disrupt taxi, car wash and others  Simple – financial institutions should pay close attention  Republic Wireless ($19/month unlimited everything)  Group buying 2.0 (flights, niche fashion, more)  FourSquare and Yelp – location/phone based help  App.net – paid social network ($50/year)
  • 11. What Am I Watching?  StockTwits – social stock broker  Fiverr & Task Rabbit – cheap outsourcing in US  TalkTo – text any business for a reply  Vinny – power in the used car buyers hands  Amazon Prime – same day shipping in entire US  Mighty return of e-commerce (niche)
  • 12. What Am I Watching?  Apple Invading Everything  Medical  Home services  Restaurants (order from mobile)  Books (rent textbooks instead of buy)  Movies (direct to home)  Kids  $35 tablet in India - $199 Amazon Kindle Fire  Streaming audio service rumored (Pandora competitor)
  • 13. What Does It Mean?  Every site has to be mobile friendly  Brands that connect online are winning & extending lead  Internet marketing spend will be majority of budget  Don’t actively work on a web strategy?  Lose existing customers  Lose future sales  Lose your job  Lose all kinds of opportunities (personal and professional)
  • 14. Learn = Earn  Websites to bookmark  Learn to code - Codecademy.com  TechCrunch – new tech companies  GigaOm.com – general tech news (software & hardware)  Gizmodo – gadets & hardware  SEOmoz.com – search and social  Topic specific blogs  Sales  Marketing  Cutting edge hardware/software for you to adopt
  • 15. Learn = Earn  Pick two and become fluent  Social  SEO  PPC  Affiliates  Email  Google has all of the answers  Not participating means someone else controls your brand (your name and/or your business)
  • 16. Question & Answer  Presentation available at Slideshare: