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THE POLITICAL AND ECONOMIC POWER OF SOCIAL MEDIA Charles Mok

Political and economic power of social media final-28.1

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Hong Kong Ideas Center Jan 28 2013

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Page 1: Political and economic power of social media final-28.1

THE POLITICAL AND ECONOMIC POWER OF SOCIAL MEDIACharles Mok

Page 2: Political and economic power of social media final-28.1

Social media has become ubiquitous2

How many of you actively use at least one social media everyday?

How much time do you spend on social media? How many platform do you use it on

PC, tablet, smartphone, smart TV? Facebook, Twitter, Weibo, Google+, Foursquare?

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A networked population3

Household broadband penetration rate - 86.6% (August 2012, OFCA)

Mobile penetration: 222.6% (August 2012, OFCA) Mobile internet penetration rate [2.5G and 3G/4G mobile

subscribers]: 59% (August 2012, OFCA) 54 percent are on social networks, 4 million social network

users in HK 100 percent reported some sort of mobile device (many

reporting multiple units)

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Social Media – a changing force4

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Social media is much more than the platforms

Social Media

Technology

Behaviour Lifestyle

Relationships

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Communications landscapeDenser, more complex, and more participatory

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Discussion Forums

Social networking

Online media

Mobile applications

Media sharing

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Rumors are spread quickly7

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But eventually truths are exposed8

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Social media in business and politics9

Politics Business

Build relationship with stakeholders and influencers

Build relationship with customers

Disseminate information quickly to shape public discourse

Respond to market competitors

Call for action especially signature campaign, rally, protest etc.

Call for action through sales promotion and discounts

The need to manage and respond to crisis

Manage and respond to crisis

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Social media has the power to make a leader10

Source: Barack Obama facebook

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Source: Facebook, Tencent Weibo

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…and the power to unmake one12

Source: Facebook

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…power to bring revolution to the square13

Source: flickr

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…and the power to show the voice of people online and offline

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Source: Facebook, Google Trend

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Application of social media in politics15

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Social media and public policy16

Source: Facebook

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Engage in public speech and shape the agenda

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Source: Facebook

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Disseminate information…

Source: Facebook

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…and call for massive and rapid action19

「 D&G門口萬人影相活動」Source: ODN

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Strengthen civil society by articulating and debating

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Source: Facebook, Twitter

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Rewriting the rules

Government

Opinion leaders

Traditional media

Political groups

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Social Media: medium to

influence and empower the civil society

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How social media shapes public opinion22

Media production(video, photos, text)

Dissemination with opinion by sharing

Echo by influencers via social media

Pick up by traditional media (multiply influence)

Forming opinion through conversation

Collective action and urge for change

From ideas to opinions

From conversations to actions

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Case studies

Mobilization in networked politics23

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Stop Express Rail Line campaign (2009-2010)

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Call for action with social media

Source: http://maaa-c.blogspot.hk, Facebook

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Gather and inform through online media25

Source: 香港獨立媒體

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Online mobilization by both supporting and opposing camps

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Source: Facebook

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Mobilization via social media27

Source: Facebook

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Live broadcast via tweets and photosRe-tweet and tagging (#stopXRL)

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Source: Twitter, Twitpic

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Spreading tactical messages via social media29

Source: Wikimedia Commons (by Hkfotopoint), 香港獨立媒體

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Anti-nationalist education campaign(2011-2012)

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Source: Facebook

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Building exposure and audience31

Source: Facebook

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Building alliance32

Source: Facebook

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Power of ‘like’ and ‘share’33

Source: Facebook

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Generating support from wider public34

Source: Facebook

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Mobilization through social network35

Source: Facebook

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Power when social media meets traditional media

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Source: Apple Daily, Facebook

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Obama’s Q&A session on social media37

Source: Twitter, Google+, Reddit

Twitter

Google+

Reddit

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Community’s wisdom – E-Petitions @ Number 10 UK

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View and sign and see Government responses to completed petitions

Aim – enable as many people as possible to make their views known

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The White House – We the People online petition

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Request to impeach Obama received an official response from the White House

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……

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Use of social media in public consultation

Attempt to consult through Facebook: 3-hour ‘forum’ on Facebook《運輸基建.公眾參與前瞻》

Source: Facebook

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Use of social media in public consultation

Act Now campaign

Source: Facebook

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Use of social media in public consultation43

Attempt to consult via Facebook: Land supply consultation (reclamation outside Victoria Harbour)

Source: Facebook

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Hong Kong GovernmentSocial media and Apps

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Source: GovHK

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HK Government: Purpose of Using Social Media

Online political participation as a trend Showing ‘openness’ in policy formulation Raise Government's online presence Strengthen communications between Govt and

citizens (esp. young people) Participate in online debates to shape public

opinion

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The need for engagement Points to consider

What is the purpose? What are the target audience?

E-engagement46

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E-engagement

Points to consider (cont’d) Are the tools/platforms right for the

purpose/audience? A 'managed' approach for the campaign Connect to the campaign in the 'real world' How to measure the results?

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Typical Constraints Faced by Governments

Balance between transparency and bureaucracy Mentality toward open government Lack of guidelines / rules of engagement But, these concerns are not too different from

those of the corporate world

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Issues to consider49

Engagement: Genuine or for ‘show’? Stage in policy formation: early stage or at the

end? Result of engagement: Responsive or ‘black-hole’?

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HK Government’s new stance on online strategy to shape public opinion?

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Source: TVB

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Social media in business51

Marketing Product Development

Sales Customer Service

Business Management

Crisis Management

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Marketing52

The draw: reach, relationship, engaging in conversation, influence by peer

Example: Ikea Facebook Showroom (2009)

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Product development53

YouTube: new product demonstrations Twitter: reach larger audience and receive quick feedback Facebook app: social co-creation with ‘fans’Example: Crowd-funding for product development

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Sales54

Special promotion Contests Lucky draw

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Customer service

Resolve disputes Address issues

Source: Facebook

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Business management

Human resources – training, recruitment Internal communication – instant messaging, video

conferencing Collaboration – cloud storage and real-time collaboration

platform

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Crisis Management:Executive apology - FedEx

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Source: Youtube

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Looking ahead: prospects of social media58

‘SoLoMo’: Social, location, mobile Visual content rules in storytelling Social in Search Big data Business value: From marketing to productivity

improvement and process streamlining C-suite driving social media adoption: From

bottom-up to top-down

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Where to start?59

Identify your objective Choose your metrics and tools Listen Connect and engage Act and evolve

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Thank you

Charles MokLegislative Councillor (Information Technology)[email protected]: Charles Mok BTwitter: @charlesmok

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