Mobile App Usage to Skyrocket in 2010

A report from DM2PRO and Quattro Wireless predicts mobile app usage will soar for 2010, though spending on social apps will stagnate even though marketers have already developed applications.

This year, the platform of choice is iPhone, although it came in second for 2009. Last year, Facebook was the top platform, with 78.9% of marketers using the social networking site for applications.

The primary reason marketers used a mobile or social application was engagement, though social sites were perceived better for engagement and other top goals including audience targeting, sharing, branding and reach.

Approximately 45% of marketers developed mobile applications to increase mobile usage by a target audience.


Source: eMarketer; January 21, 2010

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Social Followers Interested in Deeper Engagement

Many consumers who follow brands on social media sites expect something in return, such as a good deal on the product or service; however, a recent study demonstrated that some social media users are also looking for a form of deeper engagement.

A MarketingSherpa survey indicated that 65% of daily social media users followed or friended a brand in order to learn about special sales. On the other hand, only 46% of max connectors - those with 500 or more social connections - followed or friended a brand for this purpose. Rather, max connectors preferred to follow a brand to learn about new products, features and services.

Another survey by Razorfish indicated that 43.5% of consumers followed a brand on Twitter in order to learn more about exclusive deals and offerings. Other reasons consumers followed brands were because they were a current customer, or the brand posted interesting and entertaining content.

Source: eMarketer; January 22, 2010

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Nielsen Releases its 2010 Media Industry Fact Sheet

Nielsen recently released its 2010 Media Industry Fact Sheet containing a comprehensive overview of what and how people watch across a variety of media, including TV, mobile, online, radio, books and music. In 2010, we will see a continuation and acceleration of consumers connecting and watching more. Here is just a brief overlook at some of the statistics Nielsen released in its report:

Television
  • 114.9 million homes have at least one TV
  • 47.4 million homes are now HD capable
  • Almost 30% of households own four or more TVs
  • 99% of video content is watched on a TV set
Mobile Phones
  • There are 223 million mobile users (ages 13+) in the U.S.
  • 18% of mobile devices are smartphones (up from 13% in 2008)
  • There are approximately 150 million smartphone users
  • 120 million smartphone users surf on mobile web
Internet
  • There are 195 million active Internet users in the U.S.
  • Over one year, Twitter grew 500%
  • Time spent on social networking sites increased 277% in the U.S.
  • The average Facebook user spends about 6 hours per month on the social networking site
To read the full Nielsen report, which contains a wealth of statistics concerning the media industry, click here.

Source: Nielsen

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College Students Still Appreciate Facebook

Though statistics have proven Facebook's fastest growing audience is primarily older generations, Facebook continues to keep its cool among college students, according to an Anderson Analytics survey.

Facebook is the favorite website among college students in 2009, with almost 28% listing the social network site as their top choice. This is a large increase since 2005, when only 8.2% of college students picked Facebook as their top website. Only 6.3% of students chose Google, which came in second, as their favorite website of all.



Though websites and word-of-mouth are two of the most popular ways to obtain product information, social networks prove to be valuable information sources as well. Fifty-eight percent of females and 44% of males obtain product information from social networking sites such as Facebook.


Source: eMarketer; December 15, 2009

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Social Media is a Marketing Success

According to marketing pros, social media has found success as adoption and awareness continue an upward trend. A majority of companies have reported to be familiar with social networking, with ninety-one percent using at least one social media tool in 2009.

Social networking and blogging have shown impressive growth in 2009, by 80% and 45% respectively. Twitter has also shown strong growth in 2009, although reports from 2007 and 2008 are not available.

Wikis, blogs and social networks have topped the list of types of social media tools companies have successfully adopted. These companies were primarily using social media to measure hits, comments, leads or sales.


Studies also show how private companies are quickly adopting social media into their marketing plans. This year, nine percent of Inc. 500 companies did not use social media, compared to 43% in 2007.

Source: eMarketer; December 2, 2009

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Anonymity of Internet Brings Out Different Behaviors in People

A study from Euro RSCG Worldwide showed that people are more likely to behave more differently online than they would during face-to-face interactions. About 43% of respondents feel less inhibited online, according to research.

With people displaying less inhibited behaviors, brand marketers need to remain aware of how brand messaging is being distributed over the Internet, as consumers can display positive and negative behaviors. A little over 30% of consumers feel more empowered over the Internet to do things they have been wanting to do. Approximately one-fifth of the survey's respondents had already negatively spoken out about or at a company and its brand.



However, it is important to realize the stigma associated with online social networking is disappearing. For example, 57.6% of respondents disagreed with the statement that "online socializing is for sad, antisocial types." Finally, 48.7% of Internet users also find online interaction more convenient than offline interaction. Despite these results, it is important to blend offline elements into a marketing campaign in order to alleviate any negativity consumers have exhibited about a brand via social media.

Source: eMarketer; November 30, 2009

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Becoming Friends With Brands

Online brand interaction has proved to be powerful: at least 97% of consumers have been influenced to buy a product or service from a certain brand after an online experience.

A Razorfish study discovered that connected consumers - people who visit a community site, engage digital media and spent at least $150 online - were somehow connected to brands. Approximately 40% of these consumers have "friended" brands on Facebook or MySpace. The primary reason for this was to receive special offers and discounts for a brand's product or service.

Effects of "friending" a brand on Facebook or MySpace included recommending the brand to others, raised awareness and actually purchasing the brand's product or service.

Source: eMarketer; November 18, 2009

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Twitter a "Missed Opportunity" for Fortune 100 Companies

An interesting report from Weber Shandwick indicates that many Fortune 100 companies are still not taking full advantage of Twitter's popularity to connect with consumers, despite Twitter large user base.

The report points out that 50 million people worldwide currently use Twitter. Out of the 540 Fortune 100 Twitter accounts analyzed (owned by a total of 73 companies), 76% do not update often and 52% do not actively engage in the popular microblogging site. Why aren't companies using Twitter to its full potential if millions use Twitter?

Those companies that had active Twitter accounts were not making Tweets interesting enough to engage consumers; only about one-third of the accounts had a personality, which included the name and picture of whoever posted the Tweets.

The report also looked at the number of Tweets a company posted to its account. Seventy-six percent of the accounts had between 0 and 500 Tweets. Only a tiny percentage of blogs analyzed (1%) had 10,000+ posts. Weber Shandwick noted that companies are more likely to engage consumers the higher the amount of Tweets of value the company posts.

Read Weber Shandwick's full report, "Do Fortune 100 Companies Need a 'Twitter-Vention?".

Source: cnet News; November 17, 2009

Source: Weber Shandwick

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Social Media Use on Mobile Devices Provides Opportunity for Marketers

One of the fastest-growing mobile Internet activities, social networking, proves to have great impact on mobile Internet usage.

There will be an estimated 141.1 million mobile social network users worldwide by the end of 2009. That number is expected to skyrocket by 2014 to approximately 760.1 million, almost half of the mobile Internet user population.

According to a July 2009 report, Facebook is the top social network website users access on mobile Internet, with a 6.1% reach. MySpace, YouTube and Twitter take the second, third and fourth spots, respectively.

Though the mobile and social media channels are still emerging, causing premature estimates, the impressive numbers and promising user base open up developing opportunities for marketers. Some marketers have prepared to incorporate these channels into their marketing mix strategies, although programs are small and in experimental stages.

Source: eMarketer; November 12, 2009

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Younger Women Adapt to Social Media Easier than Older Women

A report entitled “Why Y Women?” by PopSugar and Radar Research indicates that Generation Y women are more likely to turn to their peers for brand information and product reviews, rather than experts and celebrities, unlike Generation X women.

Forty-two-percent of Gen Y women discover brands and products through social networking and status update websites, compared to only 22% of Gen X women. Additionally, Gen Y women are more influenced by blogs written by professionals as well as people they can relate to. On the other end of the spectrum, Gen X women (66%) are most likely to hear about product and brand information through an online newspaper or magazine.

Furthermore, the report says that 69% of Gen Y women call friends or tell them in-person about new products and brands; however, it is interesting to note that they are more likely to use social media resources to spread information about new findings than Gen X. For example, 28% of Gen Y will use a social networking site to share information about brands and products they like, versus 15% of Gen X.

Source: eMarketer; November 11, 2009

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Consumers, Brands and Social Media

Social media plays a role in how consumers are learning more about certain brands according to a joint study by Performics, the marketing branch of Publicis Groupe's VivaKi Nerve Center, and ROI Research, an analytics and technology firm.

Research shows that Twitter drives most consumers to look for a product on a search engine, with 48% searching for the product after reading about it on the popular micro-blogging website, compared to only 34% on other social media sites.

Michael Kahn, Performics Marketing Senior Vice President, said, "
Being in a social network is like going to someone's barbecue. People are talking about the experiences of their lives. The sharing experience that happens in the physical world also happens in the social."

Likewise, 30% of 3,000 active social networkers admitted to learning about a product, brand or service on a social network site such as Facebook and Twitter. Twenty-five-percent actually visited an online retailer's website after learning about the product on social media sites. Forty-four-percent of survey respondents have already recommended a product on Twitter and 46% claim they would recommend a product on Facebook.

Consumers are more tolerant of brand marketing messages than previously thought and open to online interaction in regards to various products, services and brands. To read more about how consumers are finding out about and recommending brands, read Laurie Sullivan's full article here.

Source: MediaPost Publications, Online Media Daily; November 5, 2009

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Younger Generations and Internet-Ready People Use Twitter the Most

Studies by the Pew Internet & American Life Project show that 33% of adults ages 18 to 29 are updating their statuses online using Twitter and other popular social networking websites. These findings contrast earlier studies by Pew that users ages 30 to 49 made up the primary group of Twitter-users.

Further research indicates that younger audiences are embracing Twitter and constantly updating their statuses. In May 2009 Sysomos reported 66% of Twitter users who revealed their age were under 25.

The Pew study also shows a trend among those who own multiple Internet-connected devices: the more Internet-ready devices users have, the more likely they will update their statuses. Likewise, of those who own four or more devices, 39% use Twitter or another status update social network website. On the other hand, only 10% of users who own one device are updating their statuses.

Source: eMarketer, November 3, 2009

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Paid Social Networking Revenue Expected to Increase

According to Piper Jaffray, paid social networking sites, such as LinkedIn, Classmates.com and MyLife.com, are doing well and are expected to increase in revenue by 2013.

In 2008, paid social media accounted for approximately $502 million in revenue. That number is expected to increase by 25% at the end of 2009 to $627 million. Piper forecasts that number to more than double to $1.4 billion by 2013 as a result of a combination of new, paid services from existing social media networks and increased use of premium services on websites such as LinkedIn and Classmates.com.

Social media leaders predict the best way to monetize social media is to offer a "freemium" service; that is, offer users the ability to access basic features for free, but charge a fee for premium content. For example, LinkedIn allows users to post job experience and browse other profiles at no fee; however, they must pay for a premium account to maximize search results, better organize contacts and contact certain people.

These findings also present an opportunity for free social networking sites, such as Facebook and Twitter, to explore revenue streams for users willing to pay for such services. The eMarketer report suggests users are willing to pay for content on social media websites as long as they "cater to specific market niches as opposed to broader, mainstream audiences."

Source: eMarketer, November 2, 2009

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Measurement of ROI Lacking in Many Social Media Programs

Business professionals are more likely to use social media for marketing purposes over any other business area according to a recent study by Mzinga and Babson Executive Education. 4 in 10 respondents reported they had used social media to help with internal collaboration and learning. 30% of professionals utilized social media for customer service and support, followed closely by use in sales and human resources at 25% and 21% respectively.

The vast majority of businesses had social media applications integrated within their existing websites. A little less than half of respondents noted that they deployed their social technologies through either a standalone community site or as a social widget from third-party sites.

Many businesses, however, have failed to implement any sort of protocol or system for measuring and tracking ROI on any of their social media programs. Only 16% of professionals claimed to have employed any methods to determine the success of their social media endeavors.

The main issue behind the lack of ROI measurement stems from the fact that many professionals were unaware that certain social applications had any ROI measurement capabilities at all.

Available applications such as Facebook Insights and Google Analytics can be useful tools in determining the success of your social media campaigns. Other basic methods such as counting the number of Fans or Followers can give you a rough idea of the ROI that your company may be obtaining.

Source: eMarketer, September 22, 2009

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What is your marketing priority for 2010?

According to a recent study published by Unisfair, marketer's top priorities for 2010 include new customer acquisition and customer retention and engagement. Thought leadership was also seen by many as an important factor to focus on for the next year. Creating a community for consumers was at the bottom of most marketer's to-do lists, with only 31% believing this to be a crucial focal-point.


It comes as no surprise that social media was by far the most popular marketing medium that US marketer's plan to focus on in the coming year. About half of the respondents plan to increase their marketing tactics in regards to SEO, E-mail campaigns, and virtual events. Conferences were less likely to be focused on, either because there are no pertinent issues to be addressed, or most marketer's view conferences as lacking in value.

26% of respondents saw LinkedIn as the top social networking tool proven to add marketing value. The fact that this service has touted itself as a professional network might help to contribute to this perception. 23% of US marketers believed Facebook, the most widely used social network, to be a good marketing platform as well. The micro-blogging service Twitter came in 3rd with only 17% believing it could add value to their marketing campaigns.


Source: eMarketer, September 21, 2009

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posted by Matt Sidman @ Monday, September 21, 2009 - 8:00 AM
 

Does Social Media Influence Your Travel Decisions?

A recent study by Ad-ology Research found that over half of US Internet users have not used the Internet to research travel-related topics, preferring instead to do so offline and through other means. Not surprisingly, Airfare was the number one topic Internet users researched, followed close behind by hotel and motel rates and availability. Golf vacations were the topic least likely to be researched, with only 2.7% of respondents claiming that have ever searched for such info.

Meanwhile, it seems that social media does not have a great effect on travel decisions. Only 23% of respondents claimed that they had been somewhat or significantly influenced by blogs, micro-blogs, forums, and social networks. However, companies have tended to have a high success rate with users who can in fact be influenced.

For example, both United Airlines and JetBlue have utilized Twitter to post cheap airfares, and have had significant success in influencing visitors to book a ticket over people who have not visited the micro-blogging service.

Source: eMarketer, September 15, 2009

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Social Media: A Source of Value and Concern for Executives

As social media continues to remain the popular trend, it comes as no surprise that most company executives see it as adding considerable value to their company and brand. Over 80% of US management, marketing, and HR executives polled view social media as having a positive effect on customer and client relations, in addition to building their company's brand. Almost half believe that it also improves employee morale.

The number one reason most executives use social media was for building up their brand and increasing awareness. Networking was the second most popular use, followed by customer service, sharing of work-related project information, and competitive monitoring. Sales prospecting and research were two of the least popular motives for utilizing social media resources.


Still, there are some executives who refuse to use social media at all. The main reason is a lack in knowledge of social media in general, and how to best use it in a corporate setting. In addition, the issue of security and confidentiality is a big enough concern to stop many executives from any involvement. There is also a worry that social media and social networking sites may have a negative effect on employee productivity.


Source: eMarketer, September 10, 2009

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10 Levels of Intimacy in Today's Communication

How we communicate has recently been transformed by Web 2.0 and Social Media. Today, our lives are more connected on a global scale than ever… it truly has become a world economy.

However, it is interesting to see how this technology, though making it significantly easier to interact with our peers, has also altered how intimate our interactions are with each other.

The graphic below is a neat representation of the present most popular forms of communication. It ranges from 10 as the most intimate to 1 as the least intimate. Communication in the most intimate range involves visual or auditory interaction, whereas the least intimate forms lack this.
The ranking in this graphic is definitely a matter of opinion and subjective in nature. Would you categorize these 10 levels in a different way?


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posted by Matt Sidman @ Thursday, August 20, 2009 - 1:19 PM
 

Advertisers Hesitant to Sponser User-Generated Videos

Given the popularity of online video services such as YouTube and Google Videos, one could make the assumption that these services also produce the greatest advertising revenue. The graph below counters this point, revealing that in reality broadcaster networks possess the largest revenue share.


By 2013, US ad-supported online TV revenues are predicted to jump from $448 million in 2008 to $1.45 billion, a total increase of about 224%.


The overall spending in online video advertising is also projected to grow significantly, and by 2013 reach as high as $4.09 billion.


The amount of revenue that TV companies receive in ad revenue is still small in comparison to the funds they pull in through traditional advertising. However, some analysts predict this gap to close in the next few years.

Source: eMarketer, August 5, 2009

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posted by Matt Sidman @ Wednesday, August 5, 2009 - 9:37 AM
 

How Effective is Twitter as a Promotional Tool?

As overall Twitter use continues to expand, so too has the interest of advertisers for using the service as a promotional tool. However, a discrepancy exists between consumers and advertisers over the effectiveness of Twitter as a medium for promoting products and services.

While the majority of users seem to agree that Twitter is somewhat effective for promotions, it seems as if advertisers trend towards being more optimistic. In contrast, more consumers believe that the service is not effective for this purpose.

These findings show that there might need to be broader consumer acceptance of Twitter before the service can be considered an effective marketing tool.

Source: eMarketer, August 4, 2009

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posted by Matt Sidman @ Tuesday, August 4, 2009 - 8:41 AM
 

Top 10 Corps Who Have Best Leveraged Social Media

Below is a breakdown of the top 10 corporations that have done the best job using social media accordingly to social media leaders in North America (Feb 2009). It's interesting to see that no particular industry owns the space - it ranges from politices to fast food.
Source: eMarketer, July 24, 2009

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posted by Laura Ragno @ Friday, July 24, 2009 - 8:09 AM
 

Social Networks Popular with Gays & Lesbians

A Harris Interactive poll from May 2009 shows that gay and lesbian Internet users were more likely to be social network members than heterosexuals. For example, 55% of them were on Facebook, versus 46% of heterosexuals - see more information in the graph below:

Source: eMarketer, June 22, 2009

Additionally, 55% of homosexual Internet users read blogs vs. 38% of hetersexuals from the same study.
This Internet behavior is extremely helpful to advertisers for the types of messages they want to put out in the marketplace and where they will have the most return on their investment.

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posted by Laura Ragno @ Wednesday, June 24, 2009 - 8:09 AM
 

Women Who Blog

Studies prove that women really do love social media. More than half of women internet users in the U.S. are interacting with social media in some way. Stats show this group not only reads blogs, but are publishing to them also. When putting together an online marketing campaign, it's obvious this demographic cannot be ignored!





Source: eMarketer, June 5, 2009

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posted by Harry Gold @ Friday, June 5, 2009 - 7:19 AM
 

The Problem with Social Media in the Office

There is some good news and bad news about workplace social media.





Source: eMarketer, May 27, 2009


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posted by Harry Gold @ Wednesday, May 27, 2009 - 8:11 AM
 

The Future of the Social Web: In Five Eras

1) Era of Social Relationships: People connect to others and share
2) Era of Social Functionality: Social networks become like operating system
3) Era of Social Colonization: Every experience can now be social
4) Era of Social Context: Personalized and accurate content
5) Era of Social Commerce: Communities define future products and services

Click on images to enlarge.



Source: Web Strategy Website

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posted by Harry Gold @ Tuesday, May 12, 2009 - 10:46 AM
 

Facebook Reaches 200 Million Users

Facebook has reached 200 million users and college students are not the only ones using joining anymore. Facebook has had a high increase of female women over 55 in the past 180 days. Both male and females between 35-44 have also been fast to join within the last couple of months. Click on image to enlarge to see full stats.
Source: eMarketer, April 10 2009

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posted by Harry Gold @ Monday, April 13, 2009 - 11:56 AM
 

Marketers Moving to Social Media

Marketers are now changing their tune about social media sites. 63% of the companies surveyed planned to increase their social media marketing budget in 2009.

Note: *vs.prior year,** North America (73%), Europe (17%), Asia-Pacific (9%) and South and Central America (1%)

Social networking advertising spending worldwide is and will continue to grow throughout 2013.

Note: growth rates calculated based on unrounded figures


Below is a chart showing tactics used by best-in-class companies worldwide. 39% established a method for engaging consumers in online conversation, while only 18% establish a method for driving brand advocacy/customer referrals.
Source: eMarketer, March 23 2009

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posted by Harry Gold @ Monday, March 23, 2009 - 8:29 AM
 

Everybody Loves Social Networking, Except Some Advertisers

In 2008, $2 billion was spent advertising on social networking sites, and that is expected to grow to about $3.5 billion by 2013.


Europe has increased its socializing by 13.6% between 2007 and 2008. To see the breakout by countries, click on the below graph to enlarge.

Source: eMarketer, March 19 2009

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posted by Harry Gold @ Friday, March 20, 2009 - 6:08 AM
 

YouTube Hits 100 Million

In January 2009, YouTube received more than 100 million unique visits. This made YouTube one of the most widely viewed video sites in the US.
User-generated video will continue to grow throughout 2013. Below is a chart that shows the content type and its growth from 2008-2013
Source: eMarketer, March 18 2009

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Social Nets and Blogs More Popular Than E-Mail

According to Nielsen Online, E-mail is no longer the most popular activity online (besides surfing the web for info). Social networks and blog sites are now getting more attention. In December 2007, E-mail was ahead of social networks, but by the end of 2008, fell behind. Social networks and blogs beat out E-mail by less than 1%.


Click on images to enlarge.


Source: eMarketer, March 17 2009

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posted by Harry Gold @ Tuesday, March 17, 2009 - 8:53 AM
 

Podcasting Goes Mainstream

Podcast audience is growing, and will continue its growth within the next four years. It is expected that by 2013 37.6 million internet users will be downloading podcasts.




Click on graph to enlarge and you can see the podcast demographics between 2006 vs 2008.

Source: eMarketer, March 4 2009

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The Social Media Oscar Race

$64.3 million was spent on the advertising for the five Best Picture nominees for an Oscar in 2008. Below you can see the breakout where Benjamin Button had the most ad spending $31.0 million in the US.

Regardless of the money spent for advertising, the night of the Academy Awards, social networking took full effect with viewers twittering about these films. Slumdog Millionaire lead with 6,369 tweets during the broadcast. Below is the breakout of the five film nominees:

* Slumdog Millionaire: 6,369
* Milk: 3,617
* The Curious Case of Benjamin Button: 1,110
* The Reader: 814
* Frost/Nixon: 543



Source: eMarketer, March 2 2009

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posted by Harry Gold @ Monday, March 2, 2009 - 8:18 AM
 

Web and Social Networking Use in Latin America

Social networking is most popular with Latin American Web users; especially sites such as MySpace, Facebook, Hi5, and Sonico.

Note: *Argentina, Brazil, Chile, Columbia, Costa Rica, Ecuador, Mexico, Peru, Puerto Rico, Uruguay, Venezuela

Source: eMarketer, January 26 2009

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Inventory: Moving Products Online

Increasing spending to reach viewers


Source: eMarketer, January 9 2009

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posted by Harry Gold @ Friday, January 9, 2009 - 6:55 AM
 

Blogs Can Ease Customer Communication

Readership has grown and so has consumer trust.

A BuzzLogic and JupiterResearch study done August 2008 shows that over the past four years, there has been a 300% growth in monthly blog readership

Note: n=2,210; in the past 12 months

Blog readers are also becoming increasingly influenced with their purchase decisions, and taking more action after viewing an ad on a blog.



Note: n=122

Source: eMarketer, December 30 2008

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Focused Social Networks Build Community

Narrow topical appeal draws highly engaged users


Note: n=1,319 who have never used the internet to research an ailment or get drug treatment information


Note: n=137

According to respondents, customer engagement (85.4%) is the key benefit of social media marketing, leaving customer service in the bottom with 17%.

Source: eMarketer, December 29 2008

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Social Networks: Millions of Users, Not so Many Marketers

Source: eMarketer, December 17 2008

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Have Students Graduated from E-Mail?


Source: eMarketer, December 15 2008

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AOL Readies High-Stakes Social-Media Debut


Source: The Wall Street Journal, December 10 2008

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Learning to Work with Social Networks



Source: eMarketer, December 2 2008

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Where Do Online Viewers Go for Video?


Source: eMarketer, November 24 2008

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College Students and Teen Web Tastes



Source: eMarketer, November 19 2008

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Behind the Numbers: MySpace and Facebook

Source: eMarketer, November 19 2008

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posted by Harry Gold @ - 8:49 AM
 

Talk, talk, talk, talk, talk.


Source: eMarketer, November 17 2008

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Messaging Preferences By Age Group

According to DMNews, the trend of messaging preferences for the younger population is SMS and Instant Messaging, whereas internet users ages 24-64 strongly prefer e-mail as their communication method.Source: DMNews, October 27 2008

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Retailers Get Social with Facebook

According to statistics, the top three social networking sites used by US online retailers are Facebook, MySpace and YouTube.
According to statistics, the top three social networking sites used by US online retailers are Facebook, MySpace and YouTube.
Source: eMarketer, October 29 2008

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Getting Clever About Social Media

According to statistics, US online social network advertising has significantly increased from 2007 to 2008 as more companies are becoming clever about social media.Source: eMarketer, October 24 2008

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Shaking Up Online Shopping

Source: eMarketer, September 26 2008

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Why brands choose to invest in social media

Source: DMNews, August 18 2008

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Social Networks Get Down to Business


Source: eMarketer, August 2008

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posted by Harry Gold @ Monday, August 18, 2008 - 10:29 AM
 

Recession-Proof Interactive Marketing

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posted by Harry Gold @ Wednesday, May 28, 2008 - 12:46 PM
 

Social Media's Influence in the Consumer Buying Process

Not only is social media rocking the marketing world in terms of brand building and growing awareness, but according to a recent report by eMarketer, social media has a strong influence on consumers in the purchase funnel.

74% of consumers agree or strongly agree that they choose a product based on information they found online; specifically, customer service anecdotes.


The source of this information varies from search engines to blogs and discussion forums, among other user-generated content web sites.


Even more interesting is the data showing exactly when consumers are looking for this information. The majority are doing social media research during early shopping research or when trying to decide between a few different products. This information shows how important brand building in the social media marketplace really is, especially for consumer brands looking to drive sales and e-commerce.


Source: eMarketer Report, 2008

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posted by Harry Gold @ Tuesday, April 29, 2008 - 7:57 AM
 

Worldwide Podcast Listeners

According to eMarketer, the number of Internet users who download podcasts is on the rise worldwide, with a worldwide average of 48.8% in 2008, an increase of 27%!

In the U.S., 29.5% of Internet users download podcasts in 2008, up 15.2% from last year.

Source: eMarketer

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posted by Harry Gold @ Friday, April 25, 2008 - 6:24 AM
 

Where to Find Video Consumers with Household Incomes $100,000+ Online

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posted by Harry Gold @ - 6:13 AM
 

Anatomy of a Blogger

According to the BIGresearch Simultaneous Media Survey, the typical blogger is:
  • Male (53.7%)
  • Average age of 37
  • Slightly lower than average income ($55,819 vs. $56,811)
  • Better than average education (14.3 years of education vs. 14.2)
  • Ethnically:
  • Using more forms of new media than the average person
All data is based on the 26% of all adults who say they regularly or occasionally blog.

Source: BIGresearch, Center for Media Research

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Forrester Predicts Surge in Global Enterprise Web 2.0 Spending by 2013

According to Forrester Research, enterprise spending on Web 2.0 technologies is rapidly growing and expected to continue this upward trend. With an anticipated compound annual growth rate of 43%, enterprise Web 2.0 spending is expected to reach $4.6 billion globally by the year 2013.

The graphic above breaks down business spending on social networking, RSS, blogs, wikis, mashups, podcasting, and widgets, the current popular growing technologies of Web 2.0.

The full Forrester report includes an analysis of enterprise Web 2.0 spending across North America, Europe and Asia Pacific as well as an analysis of the challenges facing vendors, particularly in the IT space, with Web 2.0. Check out the full report here.

Source: Forrester Research, Inc.

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posted by Harry Gold @ Tuesday, April 22, 2008 - 5:29 PM
 

Top 10 Blog Sites

According to Nielsen Online, Blogger (a Google site) is the #1 blogging site as of March 2008. WordPress, not too far behind, is experiencing rapid growth, with an approximately 162% increase in unique visitors over the past year **, compared with Blogger's 51%.

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posted by Harry Gold @ - 1:29 PM
 

Top 10 Social Networking Sites

According to Nielsen, MySpace is still the #1 social networking site. While Facebook maintains its second-place position, its audience grew 98% in one year, compared with only 8% growth of MySpace. Similarly, networking site LinkedIn increased its audience by 319%, becoming the fourth-most-popular social networking site.

Source: Nielsen Online

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posted by Harry Gold @ - 1:05 PM
 

Expected Growth in User-Generated Video

According to Screen Digest, streams of user-generated video are expected to increase by 25% in the next four years. The ad revenues from these videos are expected to increase over 85%.

Source: eMarketer Report, 2008

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posted by Harry Gold @ - 12:49 PM
 

Marketers Embracing Social Media

According to a recent report issued by the Society for New Communications Research, marketers are beginning to embrace social marketing.


The report explained that while standard metrics for online marketing, such as search engine ranking and web traffic, are still useful in evaluating social media, the most important and useful metric is simple awareness and engagement of users.

Specifically, blogs and online media were cited by marketers as more effective to younger (18-25) audiences. As far as blogs and podcasts, some important points in determining how to become influential included frequency of posting, page visits and site meter rankings.

Source
: "Social Marketing Makes Marketers Warm and Fuzzy," Marisa Peacock, CMSWire

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posted by Harry Gold @ Thursday, April 10, 2008 - 9:22 AM
 

International Online Video Watching

According to a recent eMarketer report, some elements of social media are experiencing rapid growth in other countries, especially online video in Western Europe.

A JupiterResearch study showed that the percentage of UK Internet users watching online video jumped from 8% in 2006 to almost 30% in 2007.


Even more interestingly, a survey by Isobar found that while 90% of the French online audience ages 15 to 49 had seen at least one video ad in May of 2007, about 55% of these people went on to visit the Web site of the brand that was being advertised. About 33% searched online for information about the advertised product, and over 22% requested more information. A whopping 20% of these online video viewers then actually went on to buy the product!

Source: eMarketer Report, April 2008.

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posted by Harry Gold @ - 9:00 AM
 

US Online Video Viewers As a Percent of Internet Users and Total Population

Growth and projected future growth of US online video viewers


Source: eMarketer Report, 2008

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posted by Harry Gold @ Tuesday, April 8, 2008 - 12:06 PM
 

U.S. Online Social Network Advertising Spending



Source: B to B magazine

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posted by Harry Gold @ - 10:30 AM
 

Top Video Stream Brands

According to the Nielsen Online VideoCensus, the top 10 video stream brands for February 2008 were:

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posted by Harry Gold @ Tuesday, March 25, 2008 - 6:35 AM
 

Social Media Map

See it up close at: Click Here


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posted by Harry Gold @ Sunday, March 16, 2008 - 3:36 PM
 

Six of Ten Wealthy Online Consumers Participate in Social Networks

The number of wealthy* online consumers involved in social networking activities has dramatically increased from 27% in 2007 to 60% in 2008. At the same time, the number of over-55-year-old wealthy consumers in social networks jumped 5x from 9.8% to 49%.
*"Wealthy" was defined in this study as an average income of $287K and average net worth of $2.1 million

Source: MarketingCharts, The Luxury Institute, 2008.

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Video Sharing Sites a Hot Topic Entering 2008

According to last week's article in AdWeek, "Study: Traffic to Video Sites Doubles," daily traffic to YouTube and other video sharing web sites has nearly doubled in the past year. Factors attributing to this increase include:
  • Increased broadband penetration
  • The popularity video sharing sites have recently gained in men, younger adults and college graduates
  • More videos are online than ever before
  • 22% of Americans say they shoot their own videos, and 14% post them online (3x increase in less than a year)
While the overall traffic number to video sharing sites is up from 33% to a staggering 48%, other audiences are responding extremely well to the newly-popularized online content. The number of teens visiting video sharing sites has gone up by 160%, while the number of women has increased by 120%. Also, discounting older and younger adults, the number of adults aged 30-49 who visit video sharing site increased by 100% in the past year.

This is great news for skeptics about social media, as is the growing presence of Google Universal Search, which includes click-to-play videos on its first page of natural search content, as well as maps, images, etc. Online video will certainly be one of the hottest topics in online media for 2008.

Source: AdWeek, January 2008

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What Media Resources Are Americans Turning to for 2008 Political Candidate Information?

eMarketer recently reported some interesting news about the 2008 Presidential Campaign. While most Americans still turn to traditional resources such as TV, radio, newspapers, etc. for their information, a growing number of people are turning to the internet, including news video online, online debates and video blogging. The most interesting tidbit of this chart is that the demographic turning to the internet the most seems to be the 65+ age range, which contradicts most internet growth demographic statistics. This demographic turns to online debates more than any other, and also represents a large portion of the news video online viewers.

More people turn to internet for 2008 Presidential Campaign news
In the wake of this information, eMarketer explained, "Although 2008 isn't predicted to be a breakout year for online political ad spending, political information sites look to be a hot draw. Marketers and advertisers considering placements on such sites may want to start looking at their target consumers' political leanings."

Source: eMarketer Report, 2008

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Tracking Capabilities in Question by Many Interactive Marketers

According to an interactive marketing survey by Sapient, senior-level marketing respondents do not feel very confident that their organization can track campaigns across multiple channels in real-time. The following table illustrates the responses:

The two channels in which marketers place the most confidence in their tracking ability are email and search
The least confidence of all was cited for the social networking channel. This channel, however, has the highest anticipated increase in marketing analytics spend for 2008 according to the survey.

The two channels in which marketers place the most confidence in their tracking ability, according to the survey, are email and search. 38% of respondents said search resulted in the highest ROI to their organizations. 28% of marketers plan to increase search spending in 2008.

The biggest hurdle to measurement and accuracy, according to respondents, is the difficulty to compare metrics across channels.

Sapient Chief Creative Officer, Gaston Legorburu, concludes "In 2008, marketers will seek the ability to seamlessly incorporate social networking with their other channels, including search and email, and the capability to monitor and measure performance to ensure they are achieving optimum results."

Source: Sapient, January 2008

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posted by Harry Gold @ Friday, February 8, 2008 - 7:24 AM
 

2007 Internet Growth

According to a recent report by comScore, The 2007 U.S. Internet Year in Review, the top-gaining internet properties in the past year have included social media giants Facebook and Wikipedia. The number of Facebook users grew by 81%, while Wikipedia site visitors experienced a 31% increase. Craigslist.org also represented a top-growing property, with a 74% rise in visitors in the past year.

Top growing internet sites include Facebook, Wikipedia, and Craigslist

Source: MediaPost Research Brief, February 6, 2008

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