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How Social Media are Revolutionizing Media and Markets Paul Gillin PR Lifelines in Health Care April 10, 2009

How Social Media are Revolutionizing Media and Markets

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Social Media is disrupting the media equation by making it possible for organizations and institutions to interact directly with their constituents without the involvement of media organizations. This is an empowering benefit, but it also presents risks to companies that work in highly regulated environments. This presentation looks at the dynamics of the new social media with a particular emphasis on their implications for the health care industry.

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Page 1: How Social Media are Revolutionizing Media and Markets

How Social Media are Revolutionizing Media and

Markets

Paul GillinPR Lifelines in Health Care

April 10, 2009

Page 2: How Social Media are Revolutionizing Media and Markets

Motrin Headache

Page 3: How Social Media are Revolutionizing Media and Markets

The “Mom Response”

More than 15,000 tweets More than 400 media stories And 3,500 blog entries And then there’s YouTube…

Courtesy Digitas

Page 4: How Social Media are Revolutionizing Media and Markets

Mass Media Pickup

Courtesy Digitas

Page 5: How Social Media are Revolutionizing Media and Markets

New Media Rules

New voices are gaining influence

Marketers are becoming publishers

You can now control the message

Use all means at your disposal

It’s cheap if you know the tricks

Page 6: How Social Media are Revolutionizing Media and Markets

2008 Newspaper Layoffs

Source: Erica Smith (graphicdesignr.net)

Page 7: How Social Media are Revolutionizing Media and Markets

Media Facts

Direct mail performance is declining Traditional media is contracting Teens watch TV 60% less than their

parents Teens are online 600% more than their

parents In 1965, 80% consumers could be reached

with three 60-second TV spots In 2002, that required 117 TV spots

Page 8: How Social Media are Revolutionizing Media and Markets

The New Media

Page 9: How Social Media are Revolutionizing Media and Markets

Traditional communications

Page 10: How Social Media are Revolutionizing Media and Markets

New reality

Page 11: How Social Media are Revolutionizing Media and Markets

The Many Arms of Social Media

Courtesy RightNow Technologies

Cost to user = $0

Page 12: How Social Media are Revolutionizing Media and Markets

The Numbers

Active blogs on the Internet: 25-40 million Social networks: 2,900 Social network service providers: >100 Active Facebook members: 175 million Corporations with social media campaigns:

>300 Photos on Flickr: 3 billion Daily Twitter messages: 6 million Pres. Obama’s Facebook friends: 5.9 million

Page 13: How Social Media are Revolutionizing Media and Markets

How We Share InfluencePRE MEDIA AGE MASS MEDIA AGE SOCIAL MEDIA AGE

Consult a professional

Readers letters

Phone in; TV / Radio

Talk to shop worker

Personal blog

Social network page

Widgets

Photo sharing site

Chat rooms

Message boards

Video sharing site

Comments on blogs

Comments on websites

Viral emails

Wish lists

Ratings on retail sites

Reviews on retail sites

Auction websites

Social Bookmarking

Chat room

Price comparison sites

Social shopping sites

Talk face to face

Consult a professional

Readers Letters

Phone in; TV / Radio

Talk to shop worker Phone call

Talk face to face

Phone call

SMS

Email

Instant Messenger

Talk face to face

Talk to shop worker

Consumer influence channels

Source: Universal McCann Erickson

Page 14: How Social Media are Revolutionizing Media and Markets

Meet the new influencers

Steve Hall

Philipp Lenssen

Paige Heninger &Gretchen Vogelzang

Page 15: How Social Media are Revolutionizing Media and Markets

Conversations Go Mainstream

Page 16: How Social Media are Revolutionizing Media and Markets

New Kids On The Block

“Active reach in what Nielsen defines as "member communities" now exceeds e-mail participation by 67 percent to 65 percent. What's more, the reach of social networking and blogging venues is growing at twice the rate of other large drivers of Internet use such as portals, e-mail and search.” 

-MediaWeek, 3/9/09

Page 17: How Social Media are Revolutionizing Media and Markets

The Power of Friending

Profile Friends

Groups

Page 18: How Social Media are Revolutionizing Media and Markets

Put Communities to Work

Needs Definition

Product Architecture

Iterative Development

Field Testing

Viral Marketing

Peer Support

Page 19: How Social Media are Revolutionizing Media and Markets

Just For Consumers? Think Again

Oil & Gas Pros

Manufacturing Engineers

FarmersEngineers

Physicians

Page 20: How Social Media are Revolutionizing Media and Markets

Take It To the Public

Reinforce Brand

Create Brand Ambassadors

Educate Customers

Bypass Gatekeepers

Page 21: How Social Media are Revolutionizing Media and Markets

Grass-roots promotion

Page 22: How Social Media are Revolutionizing Media and Markets

Go Where the Audience Is

Page 23: How Social Media are Revolutionizing Media and Markets

Lobbying

Page 24: How Social Media are Revolutionizing Media and Markets

Awareness

Page 25: How Social Media are Revolutionizing Media and Markets

Product Development

Page 26: How Social Media are Revolutionizing Media and Markets

Ear to the Ground

Page 27: How Social Media are Revolutionizing Media and Markets

Secrets of Engagement

Embrace the power of micro community Speak to people as people Enable sharing and linking Filter and aggregate for insight Make it a club Show that you care Never edit or censor

Page 28: How Social Media are Revolutionizing Media and Markets

Success Takes Time

Daily visits 3X to 4X week 14 averageConsider spinoffs

53+

Make top 10 results for targeted queriesTraffic becomes self-sustaining

40-52

Gain search tractionGenerate inbound links

14-39

Build awarenessShow steady growth

1-13

GoalWeek

Page 29: How Social Media are Revolutionizing Media and Markets

Thank you!

Paul Gillin

508-202-9807

[email protected]

www.gillin.com

Twitter: pgillin

Available on Amazon or from NewInfluencers.com

Available on Amazon or from SSMMBook.com