Will those who pin finally win? – Pinterest & Engagement (Infographic)

What is interesting for marketers is how engaging Pinterest could be as the emerging new social network for pics and tricks. So which gender is using the platform the most? How much time are people spending there, and how much time compared to other social networks?

Here are some answers (US perspective) according to Wall Street Journal…
- Facebook stays as the most engaging platform with 405 minutes per month
- Pinterest and Tumblr come in second place with 89 minutes
- Twitter is number three with  21 minutes
- LinkedIn gets 17 minutes
- Google Plus only has 3 minutes

Please find the infographic “Pin it to Win it” from MDG Advertising as follows with some more interesting facts about some of the best performing social networks…

The value of being “Linkedin”

Although some people still mess about the value of social networking, some platforms have already proven their success and benefit for companies and brands. From a B2B point of view, LinkedIn and Twitter are probably the two platforms that make most sense to marketers.

If Facebook has some value for brands that might be seen more from a B2C perspective. LinkedIn and Twitter have immediate B2B business impact. And business people predominantly use it for people searches it seems to understand their 3 Ps of their business: profession, position and potential.

LinkedIn is the star in this space in terms of business input, lead generation and some deep information exchange with their groups. This infographic from OnlineMBA states some valuable and interesting data about LinkedIn…

- 150m+ professionals globally (LinkedIn company profile stats – February 9, 2012)
- 44m+ members in EMEA region (LinkedIn company profile stats – February 17, 2012)
- registered business professionals from over 200 countries
- executives from every Fortune 500 companies
- 74% have a college degree, 26% even a graduate degree
- 1% of users are responsible for 34% of the traffic
- 1 million new users every 12 days = equals 1 new user per second
- 69% of users with at least $60K annual income
- 39% of users with more than $100K annual income
- 2 Billion people searches in 2010

Why Social Commerce is not happening… yet

Many companies are asking when Facebook commerce is really taking off. Especially as some consulting companies like Booz see in Facebook an emerging market that might reach $30 billion within the next five years.

However people spend a lot of time on Facebook, social commerce is still low. And the reason is…? No other than those people fear in e-commerce: traditional security topics.

These are the findings of a survey that Harris Interactive did on behalf of Digitas last month in the US, polling 2,630 adults. 2,247 of them were identified as Social Media users.

The key findings of the study were…
- 75% indicate they would be more likely to purchase a product or service that a friend openly endorses via social media
- 55% don’t feel comfortable giving credit card information via social media
- 45% are somewhat comfortable however especially men between 18 and 54 with an income of $35,000 or more
- 34% are more likely to share info about a purchase they made on a social media site with friends than one made on a traditional e-commerce site
- 50.7% access Social Media sites close to a full hour per day on average via a mobile device

Spot On!
Virtual currency like Bitcoin or Facebook Credits seems to be a “NoGo” as the new currency model. 74% of the respondents stated they wouldn’t use virtual currency to pay for a purchase made on a Social Media site. Nevertheless, it seems that trust is a new link for brands to get money through Social Networks. 20% agree they would purchase products or services from their favorite brands on a Social Media site. So, another emerging trend could become that brands will use their merchandise shops and make it accessible through Social Media sites.

Pinterest: First facts & findings (infographic)

Pinterest is making the world crazy these days in 2012. Are you on it? Sure, most of the Social Media guys out there are exploring ways to make money with it. The funny thing is: You don’t need more than 16 employees to rock the Social Media sphere. That’s the actual size of the company.

A company called Lemon.ly collected some interesting data from the platform Pinterest. They found out that 10 million users are on Pinterest already, 97% of Pinterest’s Facebook fans are women, and it is obvious how the platform might have an influence on designers and marketers.

Some more findings and facts…
- 12 million monthly unique users
- 10,4 million registered users
- 9 million monthly Facebook-connected users
- 145% daily user increase in 2012

What is your perception of the platform? What is the main difference to picture and photo sharing platforms like Flickr, Picasa or Instagram? And what is the benefit using the platform from a business perspective?

Study: From Fakes to Facebook Friends

In a recent research Barracuda Networks released some findings of their study “Facebook: Fake Profils vs. Real Users” which analyzed a random sampling of 2,884 active Facebook accounts. The idea of the study was to identify key differences between average real user and fake accounts which are coming form attackers and spammers.

As of their popularity in terms of personal and business communication, Facebook is consistently fighting attackers on their network in order to save their real users from spam or even worse attacks. According to their own stats Facebook has less than 4% of content shared on their network marked as spam. By comparison we could use some stats from Symantec which found that 74% of spam comes from email – however this will be filtered before it comes to our inboxes. Nevertheless, Facebook is in a lawsuit with a marketing firm that they accused of “spreading spam through misleading and deceptive tactics”.

These are some interesting findings of the Barracuda Networks study.

Fake accounts have..
…more friends than real users – six times more!
…use more photo tagging – over 100 times more!
…claim to be bisexual – 10 times more than real users!
…claim to be female (97%!) – only 40% for real user!

“Likes, News Feeds and Apps have helped lead Facebook to its social network dominance and now attackers are harnessing those same features to efficiently scale their efforts. These fake profiles and apps give attackers a long-lived path to continuously present malicious links to innocent users.” Dr. Paul Judge, chief research officer at Barracuda Networks

The study was done with Barracuda Profile Protector tool and illustrates how attacks and spam on Facebook are structured to undercuts real “friendships” concept and trust of widely-used applications. So, marketers and private people should watch out and check before friending an account. No matter if you are more addicted to Facebook or Twitter than smoking and drinking…

Study: Active social networking engagement has tripled during working hours in one year

Are employees using social networks like Facebook or Twitter for private or business purpose? This is one of the question that management always asks me in workshops and seminars. Some new research called the “Palo Alto Networks Application Usage and Risk Report” could shed some light here. The report states explosive growth in global social networking and browser-based file sharing on corporate networks. In the last year, the activity has grown by 300% in active social networking (i.e. posting, applications) compared to 2010.

Some key findings of the study…

1. Social Media moves from passive to active engagement
Browsing Twitter at work alone grew by over 700% year-over-year which shows that the use of Twitter in the workplace has reached mainstream traction. Also Facebook usage has become more active with bandwidth consumption for Facebook Apps. Even more, Social Plugins and active engagement like posting has increased by 20% from October 2010 (5%) to December 2011 (25%) when measured as a percentage of total social networking bandwidth.

2. File sharing on social networks grows significantly
92% of the responding organizations reported that file sharing sites continue to be used on most networks. The report found 65 different browser-based file-sharing variants with an average of 13 being used in each of the organizations. The risks associated with browser-based file-sharing applications is based on the fact that these techniques are operating unchecked on corporate networks.

3. There is an evolution in types of traffic on company networks
While in earlier days, web applications using TCP port 80 were dominant, today it makes a minority of the traffic on enterprise networks for the first time ever with 25%, and 32% of the bandwidth observed. If companies don’t obey this development, it may cause problems as the standard web browsing-focused security model actually protects a minority of an organization’s traffic.

“Whether or not employees are using social networks or sharing files at work is no longer a question; this data clearly demonstrates that users are embracing and actively using such applications. Companies must determine how to safely enable these technologies on their networks so that users can maintain the levels of productivity that many of these applications can afford, while at the same time ensuring that their corporate networks and users are protected against all threats.” René Bonvanie, Chief Marketing Officer, Palo Alto Networks

Spot On!
Somehow these numbers might illustrate that companies and their bosses understand the value of Social Business and how the knowledge of employees might benefit from power of social networks. Especially the increase of the Twitter figures does not surprise at all, bearing in mind that European bosses support the use of Twitter for business purpose. And if you check out what people are actually doing on Facebook, then topics like consumer insights, work-life balance, or fun at work will reach different levels in organizations if CEOs or managing directors understand the real values of productivity.

Study: Web-traffic boosts in-store sales

In a recent study the research companies comScore, Accenture and dunnhumbyUSA found some significant relevance between in-store sales and a company’s web presence. The study was based on a panel of CPG customers and one million U.S. Internet users who have given comScore explicit permission to have their online activities continuously measured and matched to their in-store brand buying behavior provided by dunnhumbyUSA.

The report comes to the conclusion that consumers who visit a website prior to their shopping experience in a company store spend 34% more with that company and 57% more on products or services based on their specific industry sector. It also states that visitors of brand websites are frequent buyers of the brand in retail stores. It shows that 42% more of these clients finish their transactions than non-visitors. Furthermore, website visitors are also heavier buyers in a brand’s product category. They are spending 53% more in their category dollars than non-visitors.

“Since website visitors have higher affinity to the brand and the overall product category, there is an opportunity for brand marketers to drive loyalty through personalizing the website experience, catering to the preferences of their best customers.”John LaRocca, Vice President, Strategic Partnerships, dunnhumbyUSA

And again another study highlights the importance of content marketing as the new emerging trend in marketing. Shoppers were more aggressive in their approach to understand and evaluate their purchases prior to their visit in shops as a result of the massive information access through the web. According to the research, content marketing plays a significant role here. So, campaigns on the web not only add value to web shopping but also -and for some companies and brands more importantly- will help to drive and boost in-store habits and sales – apart from positioning a brand’s capability.

“Marketers who create compelling (brand) website experiences for consumers are extremely effective in driving incremental and profitable in-store sales. Analysis shows that consumers visiting the best of the 10 CPG brand websites evaluated in the research study, spent over 200% more on the brand than non-visitors.” Jerry Lohse, Senior Director, Accenture Interactive

Based on the fact that Brafton reported some weeks ago that the average consumer visits more than 10 web pages before a purchase decision, this study marks an important point in the relevance between online and offline shopping. This might be catalyzed by the new opportunities that smartphones, tablets or Augmented Reality (see real-life community shopping) offer, and shows the straight relationship between the two shopping experiences which more and more merge to one close shopping cycle.

Spot On!
More companies are realizing that offering web shoppers the same information and service as in-stores will lead to more purchase at both ends of the shopping cycle: online and at offline locations. The challenge for companies is to differentiate the shopping experience by using SoLoMo (social – local – mobile). Here the question for the future will remain whether in-store shopping needs to become more of a lifestyle experience or adventure to attract more consumers to join in-store activity (see IKEA Sleepover), or wether people will want to have real people around them and thus make it a social reality world, rather than a social web world…

Study: Web economy expected to double in G20 by 2016

We all know that the web economy is exploding at the moment in terms of activity and users. In the next four years the value of the web is expected to achieve a valuation sum growing from 2.7 to 4,2 trillion pounds. This means that the value of the web economy in the G20 countries is nearly going to double in the next four years.

The global web user base is expected to increase foe 1,9 to 3 million users by 2016 – almost half the world’s current population. All these findings are based on a new report commissioned by the Boston Consulting Group. Still, the report also states that there is at present no standard way of measuring the parts of web economy that is ‘digital’.

Boston sees the growth in the evolution of the mobile web access as 80% are assumed to access the web via smart mobile phones. Thinking back to 2010, which is just about two years back, mobile internet access accounted for just over 4% of the G20 economies. The study makers claim that each household has an approximate valuation of 2,000 pounds worth of purchases online before buying.

Some more key conclusions from the study…



- Digital transformation is key for companies. Companies have to build their digital assets and reduce the digital liabilities that limit their ability to tap rich opportunities. People, processes, and organizational structures need to change and adapt them to the digital world.

- IBM forecasts 1 trillion devices to be connected to the Internet by 2015. This has an effect on the ways companies interact with customers and run their supply chains but also how traditional industries have to build their business.



- Companies such as Amazon, Apple, Facebook, and Google shape the Internet, in China this might be Baidu and Tencent or in Russia Yandex.

- The power of digital experience goes far more local in terms of impact on everyday life, reflecting economic, political, national characteristics and social influences specific to individual countries.

- The “Millennials” have different expectations as employees, consumers, and citizens. TheArab Spring protests and grass-roots “occupy” movements in the West are the most visible manifestations of the power of the Millennials to shape society and commerce.

Spot On!
Seeing the rapid economical and market changes, the intensity of competition will improve and increase. Companies and brands will need to plan more flexible in terms of their strategic approaches how to reach clients than in earlier years when long-term planning cycles were the common status. Today, it will be important to create an adaptive strategy planing and restructuring process.

PS. A challenge might be if evangelist entrepreneuers like this guy spread market distraction and confusion….

Top 3 Ways Web 3.0 Will Change Workflow

There are many ways to bolster the productivity of your workforce. You could bring in a business speaker to inspire the inner entrepreneur in your employees. You could offer financial incentives for reaching certain benchmarks. You could also upgrade the technological infrastructure of your office. Preparing for Web 3.0, for instance, will require all companies to rethink business as usual and adopt a wide-ranging portfolio of new online tools and services. The advent of Web 3.0 has already made a lasting effect and we can expect this trend to continue. Here are the top 3 ways it will change the workflow in the business landscape:

Real time collaboration. Complex projects can now be undertaken simultaneously by multiple people across vast distances. The software as a service model now so common with cloud computing services is making it so that documents can be synchronously changed on-line using Google docs and other services. This enables businesses to maintain a diverse and mobile workforce that can execute and launch projects outside the traditional constraints of an office. Web applications that facilitate real-time communication, such as Skype, also allow for non-location based business meetings between clients across the world. In the future, this should help reduce the energy demands of the modern office, as well as the broadband and IT requirements of the typical company.

Virtual reality communities. So far, the best example we have of a vibrant virtual reality world that has bred its own economy, global population, currency, and infrastructure is Second Life. In the future, many people will conduct the majority of their business transactions through sites like this. Everything from trade shows to business meetings to the stock market exchange could take place in an online virtual reality space. At present, VR systems are strengthening the efficiency of workplace environments by offering better visualization tools to manufacturers.

Ubiquitous smartphone use. As cell phones continue to be viewed more as online tools and replace PCs as the preferred method of web activity, we can expect businesses to adopt their widespread use. Smartphones are also increasingly used for journalism, file transfers and real time communication. Expect smartphones to be the pen of the future.

Web 3.0 will be making considerable headway in marketing, social media, and business protocol in the coming years. Many analysts expect it to dramatically change the way companies operate. Real time collaboration, virtual reality, and increased smartphone use are just three of the ways this change will be manifested.

The Social Media Rockstars – Community Managers (Report 2012)

Being a community manager in a company or a community center is the most popular position people can have in these Social Media times. Not only is this the person in charge of the engagement cycle of all Social Media topics but moreover that they become the main public touchpoint of the Social Media conversation of the brand or company, and thus their reputation becomes one of a kind of a rockstar…

Still, many brands and companies still hand over the Social Media responsibility to junior level people or trainees who then have to engage and manage their online communities. Would you say this is clever, or wouldn’t it be better to hand over the responsibility to a chief culture officer or an experienced market brain?

Socialfresh published an infographic and report data that illustrates the work, the tasks and capabilities that a community managers need to be able to cover. And these are some of the findings they provide.

Community Managers..
… commit most of their time with content, respectively online conversations
… 67% come from a brand side vs. 33% form an agency side
… are far more females than male (65% vs. 35%)
… have an average age of 30 years, however the 31-40 year olds make most money
… see more success on Facebook (52%) than any other platform
- gets an average salary of almost 62.000 USD

Ok, the salary is not rockstar-like but their chance to become one of the top 50 Social Media influencers is a sweet potential outlook…

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