Nashville Technology Council

Nashville Tech Story (11/23/09)

[meta]marketer’s Kate O’Neill led the audience through key points to a strategic social media plan last week, as she introduced the group to a number of tools including Facebook, Twitter, and YouTube.  As the workshop began, the audience emphasized their need for understanding Social Media as a business promoter, the safety and privacy of these tools, and the proper etiquette for the use of these tools.

Kate began the workshop by emphasizing the importance of adapting to this form of marketing, and embracing these tools as the “new normal.”  An interesting statistic she pointed out is that Facebook is beginning to encroach Google in quantity of web traffic, and very soon might surpass it completely.  Another interesting point, thanks to @Bazaarvoice, is that 64% of consumers connected to brands on social media made their first purchase from that brand due to a digital experience.  This really laid down the ground rules of the importance of getting to know and understand this type of marketing.

Although it is extremely tempting just to dive in and start using these tools, Kate illustrated the importance of creating a strategy for your marketing efforts.  You should ask yourself:
-Who are you trying to reach?
-Who are the audiences you are trying to connect?
-What channel is appropriate to communicate with your audience?  
-What are the key concepts that you want to get across?
-What are the key terms you would use to describe that concept?  
-Who are your content contributors?

After defining your strategy, it is important to participate, but in the proper way.  So, what is the etiquette for Social Media use?  Kate referred to this as, “Think of it like a cocktail party…. light and interesting.”  She also emphasized the importance of not only talking about what you think is interesting, but make sure it will be interesting to your target audience as well.  In addition, she stated that it is essential to think about everything and make sure it is always back on a strategic level.

If you missed Kate’ presentation, and want to find out more, take a look at her slideshow below:

The Nashville Tech Story (8/18/2009)
by Jake Hird, Research Analyst for Econsultancy

The social media statistics I posted a few weeks ago seemed to strike a chord amongst the digital community, especially in highlighting just how big an issue this particular area of online currently is. So I’m happy to say that I’ve trawled around the internet to bring you some more snippets of useful data and awesome figures.

As before, all this information is likely to be out of date in six months or so, but until then, they’re reasonably recent facts and I feel they demonstrate the meteoric rise and importance of this rapidly evolving area of online.

In no particular order:

• Social networks and blogs are the 4th most popular online activities online, including beating personal email. 67% of global users visit member communities and 10% of all time spent on the internet is on social media sites. 
• If Facebook were a country, it would be the fourth most populated place in the world. This means it easily beats the likes of Brazil, Russia and Japan in terms of size.
• 80% of companies use, or are planning to use, LinkedIn as their primary tool to find employees during the course of this year. The site has just celebrated reaching their 45-millionth membership. 
• Around 64% of marketers are using social media for 5 hours or more each week during campaigns, with 39% using it for 10 or more hours per week. 
• It took radio 38 years to reach 50 million listeners. Terrestrial TV took 13 years to reach 50 million users. The internet took four years to reach 50 million people.  In less than nine months, Facebook added 100 million users.  
• Wikipedia currently has more than 13 million articles in more than 260 different languages. The site attracts over 60 million unique users a month and it’s often debated that the information it contains is more reliable than any printed Encyclopedia. 
• The most recent figure of blogs being indexed by Technorati currently stands at 133 million. The same report into the Blogosphere also revealed that on average, 900,000 blog posts are created within a single 24-hour period. 
• It’s been suggested that YouTube is likely to serve over 75 billion video streams to around 375 million unique visitors during this year. 
• The top three people on Twitter (Ashton Kutcher, Ellen DeGeneres and Britney Spears) have more combined followers than the entire population of Austria.
• According to Socialnomics, if you were paid $1 for every time an article was posted on Wikipedia, you would earn $156.23 per hour. 
• The online bookmarking service, Delicious, has more than five million users and over 150 million unique bookmarked URLs.  
• Since April this year, Twitter has been receiving around 20 million unique visitors to the site each month, according to some analytical sources.  
• Formed in 2004, Flickr now hosts more than 3.6 billion user images.  
• Universal McCann reported that 77% of all active internet users regularly read blogs.

Some Nashville related statistics, according to NashMash.com:

• There are currently 19,991 Twitter users in the Nashville area.
• One of the most influential Twitter users in the Nashville area is Dave Delaney of Griffin Technology.
• This month alone, more than 46,000 tweets have been posted on Twitter. 

For more information and other interesting articles revolving around this topic, visit www.econsultancy.com