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The Business of Social
Media
Some things we’ve covered,
some things we’ve left out…
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Traditional Media
Content Production
One to Many Communication
Performance / Talent
Distribution
Promotion and Marketing
Audience Measurement (Nielsen, Google Analytics)
Advertising / Sales
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Some terms and issues
Positioning (ID – Identifiable Difference)
Branding, USP
Spec spots, storyboards, mock-ups, pitching
Developing creative ideas, target audience
CPM, CPP or PI ads
ROI for client
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Digital Media
History of computer & Internet development
Hypertext, TCP-IP, Tim Berners-Lee, August 1991
Original ideas – extension of traditional Media
‘Web 2.0’
Users, not audience
PI becomes PPC
CTR becomes a way of measuring success
Google creates effective search algorithm, creates need for
SEO tools – People get to you through what portal?
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Social Media
Content Production
Dynamic and Flexible Communication
Performance / Talent
Distribution
Promotion and Marketing
User Measurement (analytics)
Advertising / Sales (banner ads, video ads, PPC, viral)
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Social Media
Recent studies about changes
Edison-Triton / Arbitron-Edison research
Building an online presence
Web site / design, usability, keywords, SEO
Blogging & Tweeting
Social media interacting
Everyone is a publisher
It’s about interactivity, individual personal choices—not selecting
as part of a crowd
Traditional non-media businesses must have media savvy skills
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Effective Internet Presence
What to be / what not to be
What to publish / what not to publish
Importance of LinkedIn
Personal Branding (MC Hammer)
Move outside your space – comments on targeted blog sites,
reviews posted elsewhere, etc.
Own your own name
Dealing with Digital Dirt
-- read your own reviews? Comments?
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Building a Web Site
HTML and CSS
Javascript
Webs, Weebly, Wix and more
WordPress-based web page
Future of web sites – anchor location?
Building and using apps
Which is easier for mobile media devices
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SEO
Google style search engines: algorithm, crawls the web,
indexes based on keywords and other algorithm code
Knowing how results come to the top allows a savvy user to
show up high in search results
Google and others change in response, users change in
response
CTR (success of ad campaign); how page is coded (links,
images, page titles, etc.);
Bottom line: not manipulation but dynamic content
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Build it, then…you’re lost in the
crowd.
Advertise, analyze and measure – SWA – SWOT analysis
Marketing Plan – Social Media Marketing
Google Analytics, Clicky, etc.
Tools like Google Trends: delivers charts that portray how
often a particular search term or terms is entered relative to
the total search volume across regions of the world, and in
various languages.
Google Insights can help you determine which messages
resonate best.
Calculate ROI
Challenge of Social Media ROI
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Variety of online activities…
Creating connected distribution outlets (blog, Twitter, Facebook,
YouTube channel, etc.
Wikis, SecondLife, Pinterest, Snapchat …
Creating and distributing RSS
Podcasts
newsfeeds
iTunes
PodcastAlley
Any ‘newsreader’ service
° Putting a video in your standard distribution is NOT a podcast
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The Business Part
You need users
You need to be able to measure what you do
You can use free / WOM but also likely will need paid
advertising
Google AdWords / Yahoo! Search Marketing etc.
Back to ROI
Reality of building / reality of maintaining
Example 1 ('Queen of social media')
Example 2 (Millennials & News)
Will you be Example 3?
(outline links)
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