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8 Social Media Trends
That Matter
And How they Apply to Business
@Laurie Shook
Where Shall We Start? Pick a picture, and away we go!
Big Data & Social Analytics
š Customer service, PR, Marketing earliest
“sweet spot” for social media
š Next phase: applying “Big Data”
available in social media to impact
other business areas
š Ticker Tags: Uses social media trends to
alert investors in advance of stock price
changes
š Other uses: Forecasting based on
weather; inventory; product
requirements; process improvement
Chewbacca Mom viral video &
Hasbro stock price
Video Comes Alive
š People remember 10% of what they
hear; 65% of what they see
š Infographics are 3X more likely to be
shared
š Live streaming took off with Periscope in
2015; Facebook Live brings easy video
creation and distribution to built-in
audience live & later
š Implications for business: Do visual
always. Do video now, as much as
possible. Do Facebook “Live” now. The Eye by Tony Tasset
Social Commerce
š $3.3 B in US Sales tracked to Social
media
š Facebook and YouTube introduced
360 ads for immersive experiences
š Pinterest drives $50 average sale
š 2 M pin product pins daily
š 93% use Pinterest for purchase
planning
š Introduced buyable pins
Source: Social Media
Today
Chats & Chat Bots Pique Curiosity
š Messaging Apps gaining strength
š WhatsApp, Facebook Messenger
š Chat bot – Chatter robot or conversational
agent
š Siri, Cortana, Alexa
š Automate routine transactions
š Save us from IVR jail!
Source: TechCrunch, 2016
Mobile Phone Lovers
š More Google searches occur on
mobile than desktop
š Nearly 80% of time on social is via
mobile
š Mobile ordering apps poular:
Starbucks, Dunkin Donuts, Chick-fil-A
š Implications. Your website MUST be
responsive or mobile friendly
š Implications: Plan to leverage
location information and evaluate
mobile ordering.
Mobile Phone Lovers,
Banksy, Bristol.
Social Comes to the Enterprise
š 2/3 of Social Media’s Value lies in
improving collaboration and
communications within and across
enterprises (McKinsey Global Institute)
š What’s the stumbling block?
Usability? Security? Purpose?
š Facebook for Business being trialed
š Potential for LinkedIn/Microsoft
Employee Advocacy
š Employees have 10X the followers
and 8X the social engagement as the
brand
š Apps exist that help curate,
customize and track content for
employees, such as SocialChorus
š Successful example: Zappos
š Mainstream examples, AT&T,
Starbucks
Social Media Today
What Social Media Strategies Should I Use
for My Business?
š Different trends apply to different
businesses
š Mobile ordering great for chain retail
š Video great for all types—solopreneur,
non-profit, SMB, enterprise
š Different platforms depending on business
š Should have a good business with a good
product before you focus too much on
social!
business2community
Social Media Can Overwhelm
30
20
18
14
0
10
20
30
40
50
60
70
80
90
Category 1
Chart Title
FB Instagram Snapchat Twitter
Average Minutes per day ranges
from 82 to 110 minutes
Prioritizing Focus Areas
Non-profit; Solopreneur SMB Enterprise
LinkedIN Sales; recruiting;
thought
leadership; Pulse
B2B Sales; Pulse;
recruiting
Facebook Events; ads;
posts; boost
Posts, Events;
boosts; ads;
Posts; Events;
boost; ads;
Posts; boosts;
ads;
Twitter News; events Amplification Customer
service; news
Instagram; If visual appeal If visual appeal If visual appeal B2C yes; B2B
depends
Pinterest If product
related
If product
related
Website Yes Maybe Yes Yes
Snapchat Marketers Dabble Research
8 Social Trends that Matter
And how they apply to business
Laurie Shook
Lauriejshook@gmail.com
@LaurieShook on Twitter and Facebook
972-767-9291

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8 social media trends that matter

  • 1. 8 Social Media Trends That Matter And How they Apply to Business @Laurie Shook
  • 2. Where Shall We Start? Pick a picture, and away we go!
  • 3. Big Data & Social Analytics š Customer service, PR, Marketing earliest “sweet spot” for social media š Next phase: applying “Big Data” available in social media to impact other business areas š Ticker Tags: Uses social media trends to alert investors in advance of stock price changes š Other uses: Forecasting based on weather; inventory; product requirements; process improvement Chewbacca Mom viral video & Hasbro stock price
  • 4. Video Comes Alive š People remember 10% of what they hear; 65% of what they see š Infographics are 3X more likely to be shared š Live streaming took off with Periscope in 2015; Facebook Live brings easy video creation and distribution to built-in audience live & later š Implications for business: Do visual always. Do video now, as much as possible. Do Facebook “Live” now. The Eye by Tony Tasset
  • 5. Social Commerce š $3.3 B in US Sales tracked to Social media š Facebook and YouTube introduced 360 ads for immersive experiences š Pinterest drives $50 average sale š 2 M pin product pins daily š 93% use Pinterest for purchase planning š Introduced buyable pins Source: Social Media Today
  • 6. Chats & Chat Bots Pique Curiosity š Messaging Apps gaining strength š WhatsApp, Facebook Messenger š Chat bot – Chatter robot or conversational agent š Siri, Cortana, Alexa š Automate routine transactions š Save us from IVR jail! Source: TechCrunch, 2016
  • 7. Mobile Phone Lovers š More Google searches occur on mobile than desktop š Nearly 80% of time on social is via mobile š Mobile ordering apps poular: Starbucks, Dunkin Donuts, Chick-fil-A š Implications. Your website MUST be responsive or mobile friendly š Implications: Plan to leverage location information and evaluate mobile ordering. Mobile Phone Lovers, Banksy, Bristol.
  • 8. Social Comes to the Enterprise š 2/3 of Social Media’s Value lies in improving collaboration and communications within and across enterprises (McKinsey Global Institute) š What’s the stumbling block? Usability? Security? Purpose? š Facebook for Business being trialed š Potential for LinkedIn/Microsoft
  • 9. Employee Advocacy š Employees have 10X the followers and 8X the social engagement as the brand š Apps exist that help curate, customize and track content for employees, such as SocialChorus š Successful example: Zappos š Mainstream examples, AT&T, Starbucks Social Media Today
  • 10. What Social Media Strategies Should I Use for My Business? š Different trends apply to different businesses š Mobile ordering great for chain retail š Video great for all types—solopreneur, non-profit, SMB, enterprise š Different platforms depending on business š Should have a good business with a good product before you focus too much on social! business2community
  • 11. Social Media Can Overwhelm 30 20 18 14 0 10 20 30 40 50 60 70 80 90 Category 1 Chart Title FB Instagram Snapchat Twitter Average Minutes per day ranges from 82 to 110 minutes
  • 12. Prioritizing Focus Areas Non-profit; Solopreneur SMB Enterprise LinkedIN Sales; recruiting; thought leadership; Pulse B2B Sales; Pulse; recruiting Facebook Events; ads; posts; boost Posts, Events; boosts; ads; Posts; Events; boost; ads; Posts; boosts; ads; Twitter News; events Amplification Customer service; news Instagram; If visual appeal If visual appeal If visual appeal B2C yes; B2B depends Pinterest If product related If product related Website Yes Maybe Yes Yes Snapchat Marketers Dabble Research
  • 13. 8 Social Trends that Matter And how they apply to business Laurie Shook Lauriejshook@gmail.com @LaurieShook on Twitter and Facebook 972-767-9291