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to Social Media and Business An Introduction H. Jessica Armstrong 2011 IWV Economic Outlook Conference

An Introduction to Social Media and Business

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Presentation for the 2011 IWV Economic Outlook Conference held at the Kerr McGee Center on Feb. 10, 2011 in Ridgecrest, CA.

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Page 1: An Introduction to Social Media and Business

to Social Media and Business

An Introduction

H. Jessica Armstrong 2011 IWV Economic Outlook Conference

Page 2: An Introduction to Social Media and Business

“Social Media is the democratization of

information, transforming people from

content readers into publishers. It is the

shift from a broadcast mechanism, one-

to-many, to a many-to-many model,

rooted in conversations between authors,

people, and peers.”

Page 3: An Introduction to Social Media and Business

COMMUNICATIONS MEDIA

Space defined by media owner

Brand in control

One way/ Delivering a message

Repeating the message

Focused on the brand

Entertaining

Company created content

SOCIAL MEDIA

Space defined by consumer

Consumer in control

Two way/ Conversation

Adapting the message

Focused on the consumer

Influencing, involving

User created content

Page 4: An Introduction to Social Media and Business
Page 5: An Introduction to Social Media and Business

Social media is

changing business.

Page 6: An Introduction to Social Media and Business
Page 7: An Introduction to Social Media and Business

People ARE talking about your business or organization

– offline and on.

Page 8: An Introduction to Social Media and Business

Smaller customer base = Better engagement. Better relationships.

Page 9: An Introduction to Social Media and Business
Page 10: An Introduction to Social Media and Business
Page 11: An Introduction to Social Media and Business

For a business, this would be tragic.

Page 12: An Introduction to Social Media and Business

Social media is big, evolving and here to stay

Page 13: An Introduction to Social Media and Business

96Percentage of Gen Y that have

joined a social network.

Page 14: An Introduction to Social Media and Business

50+Fastest growing demographic for

Facebook and other social media.

Page 15: An Introduction to Social Media and Business

LISTEN.

Page 16: An Introduction to Social Media and Business

You can't know where

you're going until you

know where you've

been.

Page 17: An Introduction to Social Media and Business
Page 18: An Introduction to Social Media and Business
Page 19: An Introduction to Social Media and Business

It's about them.

Page 20: An Introduction to Social Media and Business

Thank you.Photos & Graphics

Slide 1 – Flickr photo from KayVee.INC

Slide 3 – Recreated from “What's next in Media” by Neil Perkin. www.slideshare.net/neilperkin/whats-next-in-media

Slide 4 – By Brian Solis and JESS3. www.theconversationprism.com.

Slide 6 - Flickr photo from Intersection Consulting

Slide 7 - Flickr photo from lovestruck

Slide 8 - Flickr photo from fensterbme

Slide 9 - Flickr photo from Intersection Consulting

Slide 10 - Flickr photo from maczydeco

Slide 11 - Flickr photo from whurley

Slide 12 - www.facebook.com/notes/facebook-engineering/visualizing-friendships/469716398919

Slide 15 - Flickr photo from Wildebeest

Slide 17 - Flickr photo from Intersection Consulting

Slide 18 – Own screengrab from YouTube

Slide 19 - Flickr photo from Jenser (Clasix-Design)

Stats & QuotesSlide 2 – Brian Solis. www.briansolis.com

Slide 13 & 14 - Pew Research Center's Internet & American Life Project, Aug. 2010.

Questions?

Visit the IWV Economic Outlook

Conference blog at www.iwveoc/blog or

email me at [email protected].