International Parking Institute - Social Media Demystified

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    SOCIAL MEDIA

    4 February 2011 l International Parking Institute

    Ted Janusz

    Twitter, YouTube, Facebook,

    MySpace and LinkedIn DEMYSTIFIED

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    Did You Realize these Stats?: Nearly 247 million Americans are

    now Internet users thats 73 percent

    of the population.

    43 percent of online consumers belong

    to a social network.

    74 percent of social network users send

    messages to their friends as part of their

    daily routines.

    87 percent of parents of teenagers are

    online.

    96 percent of Generation Y participates

    in social media?

    Why Social Networking MattersDepartment store magnate John Wanamaker

    once said, Fifty percent of my advertising

    dollars are wasted. The problem is, I dont know

    which fifty percent.

    But there is one form of marketing that

    always works personal recommendations.

    Eighty percent of all purchases are not based on

    full-page newspaper ads, but rather on word-of-mouth advertising. And here is why:

    The average American adult has a direct

    sphere of influence of 52 people. Think about

    the number of contacts you have in your e-mail

    address book or the number of friends you may

    have on Facebook. Ill bet the number is even

    greater than 52.

    In addition, if you are an average adult, you

    know 400 peoplepeople you went to school

    with, work with or you know socially. If you

    assume that each of those 400 people knows

    400 others (of course, there would be some

    overlap, but lets keep it simple), you now have

    an immediate network of 160,000 people. Andif you assume that each of those 160,000

    people know 400, well, you are up to 1/3 of the

    U.S. adult population.

    And which are customers likely to sprea

    about your parking facility, good news

    bad news?

    Your average satisfied customer will tell fiv

    to eight others. Your average upset customer (

    you have any) will tell ten to 16. In fact, one

    five will tell 20 others how angry you hav

    made them, and Web 2.0 now makes it easi

    and faster for them to do so.

    Introducing Web 2.0Twitter, YouTube, Facebook, MySpace anLinkedIn are five applications we will discuss

    this article that are components ofWeb 2.0,

    theparking professional l www.parking.org/tpp l February 2011

    The average Americanadult has a direct sphere of

    influence of52 people.

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    popular term for Internet applications in which

    the users are actively engaged in creating anddistributing Web content.

    Web 1.0 probably consisted of the Web sites

    you saw back in the late 1990s, which were

    nothing more than fancy electronic brochures.

    Web 1.5 would have been something like

    Amazon or eBay, sites on which one could buy,

    sell and leave reviews. What Web 3.0 will look

    like is anybodys guess!

    Lets look specifically at the five Web 2.0

    applications previously mentioned.

    Tweet, TweetAccording a recent LinkedIn Research Net-work/Harris Poll, 69 percent of Americans do

    not know enough about Twitter to even have

    an opinion.

    Twitter is like text messaging, only you can

    also do it from the Web, explains Dan Tynan,

    the author of the Tynan on Tech blog. Instead

    of sending a message to just one person, you

    can send it to thousands of people at once. You

    can choose to follow anyones update (called

    tweets) simply by clicking the Follow button

    on their profile, or vice-versa. The only rule is that

    each tweet can be no longer than 140 characters.This is fine, but what is the business application

    of Twitter?

    The University of Oklahoma uses a Twitter feed

    for several reasons:

    Identify the best places on campus to park.

    Provide information on lot closures due

    to construction.

    Answer parking questions from the

    campus community in real time.

    A typical post from the universitys parkingstaff: Good Monday morning, drivers! Youll

    find open spaces (175) in the Asp Avenue

    garage and 150 in the Elm Avenue garage.

    The University of California at Irvine, Georgia

    State, and Texas A&M are just a few of the

    other universities that use Twitter to provide up-

    to-the-minute information on parking conditions.

    To get a quick introduction to Twitter, you

    can access an online guide from Tony Hsieh,

    the founder of the online shoe store Zappos and

    a Twitter evangelist, at www.twitter.zappos.com/start.

    To see how you can use Twitter

    promote your parking organization, please viwww.business.twitter.com/twitter101.

    To follow in real time what people are sayin

    about you and your parking facility on Twitte

    type in your search words at www.search.twitter.com

    Top Web SitesAccording to Google Trends, four of the to

    Web sites in the United States are:

    MySpace

    YouTube

    Google

    Facebook

    MySpaceTom Anderson and Chris DeWolfe designed

    Web site to provide a service at no charge

    regular people looking for a way to connect wi

    others having similar likes and dislikes. MySpac

    was initially popular with bands, who didnt wa

    to go through the hassle of creating and main

    taining a Web site, but sought a way to distribu

    their music, photographs, videos and oth

    information to their fans and would-be fans.

    6 February 2011 l International Parking Institute

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    YouTubeYouTube was started by three former employees

    of PayPal, and then sold to Google about a year

    later for $1.65 billion dollars.Unlike the other Web sites we discuss here

    that allow for the posting of words and photos,

    YouTube is the number one video-sharing Web

    site. Best of all, you can post your video on the

    site for free. A simple Flip video camera

    (priced at under $150 on Amazon.com) can do

    the trick for you.

    What is the business application of YouTube?

    Lets examine three successful examples:

    Fast Pass Parking officials at the University

    of Texas at San Antonio have posted

    a short video promoting Fast Pass, a

    pre-loaded debit card. Blendtec A Utah-based manufacturer of

    blenders, armed with a total marketing

    budget of $50, decided to post a series of

    videos entitled Will it Blend? In these

    videos the company attempted to pulverize

    items such as golf balls and iPods. The first

    eight episodes resulted in three million

    downloads in a week. Even better for

    Blendtec, they sold out of the $600 blender

    in the first 24 hours.

    Diet Coke + MentosCheck out the

    geysers this combination creates! WhileCocoa-Cola stayed away from promoting

    this phenomenon (perhaps out of fear of

    litigation), Perfetti (the maker of Mentos)

    jumped in with both feet, posting both a

    large link to YouTube on its Web site and

    sponsoring its own contest. In the process,

    they sold a lot of mints.

    The key to business success on YouTube:

    Do not post a video of someone from your

    department in a head shot saying blah-blah-blah.

    Nobody will view it. To be noticed by the

    younger audience you are trying to attract on

    YouTube, be sure to be humorous, offbeat or

    very personal.

    And take good care of your customers. What

    kind of damage do you think United Airlines

    customer Dave Carroll has done with his

    humorous little video United Breaks Guitars

    on YouTube? So far the video has nearly 10

    million views from around the world.

    Google

    Rather than using the Yellow Pages, 97 percent

    of consumers now use the Internet to shop locally.

    Ninety percent of these searches start with a

    search engine.Consumers use Google, the most popular

    search engine with over a 70 percent market

    share, over a billion times each day. To make

    sure that your parking facility has a presence

    there, register for a free Google Places listing at

    www.google.com/places.

    FacebookFacebook was originally created by Mark

    Zuckerberg, intended for use by his fellow stu-

    dents at Harvard University as The Facebook.

    It was meant to be an online replacement of thebook one receives as a freshman when entering

    a college or university containing photos and

    other information about incoming freshman

    classmates. Within 30 days, about half of the

    students of Harvard had a profile on the site.

    Facebook soon spread to other Boston area

    colleges. Presently, approximately 85 percent of

    all college students have a profile on Facebook.

    Why does Facebook matter?

    According to ComScore, in May 2009, Facebook

    for the first time surpassed MySpace in th

    number of users in the United States.

    Facebook has been able to overtak

    MySpace as the number one social networkinsite in the world because it no longer has th

    stigma that it is just for high school or colleg

    students. Anyone may now join Facebook.

    The fastest growing segment of users

    Facebook is now neither high school nor colleg

    students, but rather females age 55-65. Why

    With the rest of their family on Facebook (th

    average user spends an hour a day on the site

    its the best way for them to keep up with th

    stories and the photos of their children an

    grandchildren!

    According to Social Media Revolutionhere is the number of years it took each of th

    following to reach 50 million users:

    Radio 38 years

    Television 13 years

    The Internet 4 years

    iPod 3 years

    Facebook has added 100 million users in th

    last nine months!

    According to the Facebook Global Monito

    here is a listing of the percent of a country

    citizens (not just the percent of those citizenwho are online) who currently maintain

    profile on Facebook:

    Iceland - 53 percent

    Norway - 46 percent

    Canada - 42 percent

    Hong Kong - 40.5 percent

    United Kingdom - 40 percent

    United States - 35.5 percent

    Chile - 35 percent

    Israel - 32.5 percent

    Bahamas - 30.5 percent

    8 February 2011 l International Parking Institute

    But people dont connectwith youbecause you are promoting

    yourself to them. People connect withyou because you are informing them.

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    theparking professional l www.parking.org/tpp l February 2011

    Why has social networking, especiallyFacebook, become so popular?Social networking allows so much more than

    e-mail or text messaging. In addition to writing

    on someone elses wall, Facebook allows for

    the sharing of photographs and videos. Facebook

    is the number one photo-sharing site on the

    Internet, with 2.5 billion photos uploaded to the

    site each month. At a glance, you can see and

    read what all of your friends are up to. And

    because you choose your friends on Facebook,you can virtually eliminate spam, and spam

    composes up to 90 percent of all e-mail.

    What is the business application of Facebook?People have a profile on Facebook, whereas a

    business has a page.

    You and I can have friends on Facebook,

    while a business has fans. Over 1.6 million

    businesses now have Facebook pages.

    For example, Seton Hall University and

    Rutgers University have parking-specific

    Facebook pages with updates on parking andother transportation services.

    To create a page for your parking facility on

    Facebook (which is free), first register for a

    Facebook profile.

    To quickly get started on Facebook, view the

    instructional video at www.eightoclock.com.

    The Differences Among the PopularSocial Networking SitesMySpace is a social networking site for bands;

    and other music and entertainment.

    Facebook is a site at which you can poke yourfriends, play games, and post photos on your

    profile and comments on your friends walls.

    LinkedIn, on the other hand, is like the

    corporate boardroom. No fun and games here,

    this site means serious business. It was the

    last major social networking site to allow

    photographs. Even now, each LinkedIn user

    exhibits only one.

    LinkedInLinkedIn is a professional contact database

    launched in May 2003 by Reid Hoffman,formerly of PayPal. Its members can create a

    profile and network with its more than

    million members in 200 countries. Membe

    include executives from all Fortune 500 companie

    LinkedIn has the oldest, and wealthiest, use

    of the major social networking sites:

    Average age 41

    Six-figure household income

    Two-thirds are male

    Four-fifths have college degrees

    Four Quick Ways to Maximize YourParticipation on LinkedInA question I often get asked in my conferenc

    presentations is, Ive signed up on LinkedI

    Whats next?

    Though LinkedIn does not come with

    users manual, you dont need to be a comput

    whiz to derive immediate benefits fro

    the site.

    Here are four quick and easy ways to maximiz

    your participation on LinkedIn:

    1) Groups To network with as many people ayou can, join as many relevant groups as you ca

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    99 Percent Information and

    One Percent Promotion

    The key to social networking tools is to have

    lots of connections, says Guy Kawasaki, the

    original Macintosh evangelist. Its a numbers

    game. The more people who are connected to

    you, the more opportunities you have.

    But people dont connect with you because

    you are promoting yourself to them. People

    connect with you because you are informingthem.

    Kawasaki concludes by saying, You need to beinforming people 99 percent of the time and then 1

    percent of the time you can promote your business.

    The New Free TV or Newspaper?In my conference presentations, attendees often

    ask me, Give me the bottom line, how can I use

    social networking sites to make money?

    There is a danger for businesses to view the social

    networking sites as the new television or newspaper,

    but on which a business can advertise for free.

    If you are going to go there, you had better go

    for the right reasons, says Seth Godin, author ofthe best-selling book on marketing, Purple Cow.

    And if your reason is to sell more stuff, please

    dont bother. Its not going to work. People dont

    care about you. They just dont.

    On the other hand, if you can use social

    networking sites as ways to connect to real

    people, just for that sake alone, not because you

    want to sell anything, then its a great way to

    spend a half hour a day.

    Godin concludes, And what we are finding,

    as a by-product of that yes, in fact, your

    business will do better, because you are a trusted

    member of the community. Not because youare trying to sell stuff.

    Successful marketing using any of the Web 2.0

    applications means an ad cannot look like an ador

    else it will be rejected immediately by the social

    networking visitors. Your customers on averag

    are subjected to 1,500 to 5,000 advertising impre

    sions each day. (Just walk into your neighborhoo

    superstore!) Since they have successfully learn

    how to block most of these interruptions, yo

    clients are six times more likely to read an artic

    from you than an advertisement. n

    Ted Janusz is a professional speaker, authand marketing consultant and will be speakin

    at the 2011 IPI Conference & Expo in May

    Pittsburgh. He can be reached at ted@januspr

    sentations.com or 614.440.7487.

    theparking professional l www.parking.org/tpp l February 2011