Social Media Strategies and Technologies

There are thousands of presentations on “social media” but there are five absolute must read presentations if you are interested in understanding this space and leveraging the best practices.

1. Why people are called the  “New Medium”? : The new trusted media in the world is - You + Your friends + Their friends.

2. Social Media : Evolution or Revolution? - Why everybody is  talking about it.

3. Introduction to Social Media - understanding the basics of new media platforms.

4. What the F**K  is Social Media : Noise vs Signal? - In social media think about conversations not campaigns.

5. Social Media ROI : Measuring the Essential? - You cannot manage it if you can’t measure.

Inspired by the famous “shift happens” video series, now we have a  social media revolution video that portrays how fundamental shift in the way communication between people, brands & companies is taking place through social web and how it shapes the future?.

Welcome to the new revolution called Socialnomics :

This is really inspiring presentation for all social media enthusiasts, the following quote in this video was simply awesome.

Successful companies in Social Media act more like Dale Carnegie and less like David Ogilvy. Listen First, Selling Second.

What is your take on Social Media?.

I came across a recent study by Rusell Herder & Ethos Busines Law on 438 randomly selected management, marketing and human resources executives within companies across the United States. This report high lights the important aspects like, “what are the top social media channels used by Corporate Brands in U.S.A?”, “what is the perceived value of social media?”, “what are the reasons for using social media?” etc.

According to this report :

Fifty-one  percent  of  senior  management, marketing  and  human  resources  executives fear  social  media  could  be  detrimental  to employee Productivity,  while  almost  half  (49%)  assert  that  using  social  media  could damage company reputation.

Despite these apprehensions, social networking is being accepted as a key communications strategy.

Top social media channels used by corporates in USA:

• Facebook - 80%
• Twitter - 66%
• YouTube - 55%
• LinkedIn - 49%
• Blogs - 43% and
• Wikipedia - 24%

While the perceived value and top reason’s why companies want to use social media channels are “Enhance relationships with customers”  and “listen to what consumers are saying about their brand or product” but it is  also used to monitor their employee’s, competitor activities.

While many social media enthusiast’s complain that companies should use online channels for crisis communication but the view points of corporates  are different :

The primary reason’s why companies don’t use social media are:

You can read the entire report below:

What is your perspective?,do you think companies must use social media?