New Feature: Social Media Takeaways

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October 5, 2007
I get a lot of industry news in my RSS reader and my inbox. You probably do, too. Typically I parse through it with a eye for what would be interesting to share with you here.

Lately, there have been some great examples of Top 10 or Top 5 lists of what's going on in social media, which I'm enjoying following.

But rather than acting as an aggregator, my goal in posting newsy tidbits is to give you a bit of commentary and perspective on each item as it relates to social media, marketing, PR and advertising. I call them Social Media Takeaways (SMT). I hope you'll find it helpful.

Online Advertising Up 27%
According the IAB and PriceWaterhouseCoopers, $10 billion was spent in the first 6 months of the year. Making up 41% of this was search, which is an increase over last year (via Just an Online Minute)
  • SMT: With search becoming increasingly important, now's the time to consider how a corporate blog might fit into your search strategy. With timely and relevant posts, your content is indexed and searched so that additional traffic can be brought to your company's site. Blogging is a natural for SEO.

The MySpace Crowd Migrates to Facebook
ComScore notes that Facebook attracted 69.3 million users in August, 33% more than in June. Visitors to MySpace declined 7.4% to 105.7 million. There are a number of reasons for the defection to Facebook, including more privacy, more functionality, less spam (you get bacn instead) and a cleaner look (via Bloomberg)
  • SMT: While there is a huge influx in Facebook traffic and we're seeing a boom in the resulting business uses of Facebook, don't count MySpace out yet. Steve Ballmer may think Facebook is just a fad, but you need to assess your marketing goals against where your audience is. And if they like sharing music on MySpace, then MySpace is still relevant for them. The bottom line is you should be aware of trends, demographics and new developments to make the most of them.

And that's all for this installment of Social Media Takeaways. What do you think of this new feature? Should I continue it? Do you have any news or insights that you can share from the past week?

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Posted by Scott Monty at 3:23 PM
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 Comments:

At 10/08/2007 1:18 AM, Blogger LaSandra Brill said...

Good insights Scott. Please keep up this trend, I prefer this over just an aggregator any day.

 
At 10/09/2007 2:36 AM, Blogger Len Edgerly said...

Very helpful! My initial reaction is to yearn for slightly more items, each slightly shorter.

 
At 10/09/2007 9:10 AM, Blogger Doug Haslam said...

First, thanks for the link!
And second, I love this idea-- much more to look forward to than the de.licio.us links pages, which I rarely read because I can never tell from the safety of my feed reader what the heck is in them

 
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About Scott

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Ranked by Forbes as one of the top 10 influencers in social media, he has been called "an unstoppable force of nature," "the best corporate social media lead on the planet," and Alan Mulally, the CEO of Ford Motor Company, called him "a visionary."

At Ford, Scott heads up the social media function and holds the title Global Digital & Multimedia Communications Manager. He is a strategic advisor on all social media activities across the company, from blogger relations to marketing support, customer service to internal communications and more, as social media is being integrated into many facets of Ford business.


Prior to joining Ford, Scott served as Consigliere for crayon and spent a number of years with PJA Advertising + Marketing, a boutique BtoB agency specializing in health sciences & high tech.

In addition to his professional responsibilities, Scott is an active blogger and podcaster. He writes about the intersection of advertising, marketing and PR at The Social Media Marketing Blog and also writes The Baker Street Blog and cohosts I Hear of Sherlock Everywhere, two literary undertakings. Scott has been featured in hundreds of news and business publications in print and on the web, in nearly dozens of books, and on a variety of mainstream media, including NBC, NPR, CNN and The Wall Street Journal. Scott is a recognized thought leader in the social media industry and frequently speaks at industry events.

Scott received his Master's in Medical Science from Boston University's School of Medicine concurrently with his MBA from BU's Graduate School of Management. He lives in the greater Detroit area with his wife and two young sons, golfs all too infrequently, and has a hidden talent for voice over work.

Oh, and one last little-known fact: Scott coined the Oxford Dictionary of English-accepted term "tweetup."

You may download a headshot here, courtesy of Rosh Sillars; a PDF version of Scott's bio is here .


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Scott speaks on social media at events, seminars and conferences around the world. His topic generally focuses on corporate use of social media, becoming an online spokesperson, and specifically on the progress that Ford has made in the recent past. If you're interested in booking Scott to speak at your event, please click here to submit a speaking request for Ford-related purposes or email me at speaking [AT] this site's URL (if you know what I mean) to send a general email request.. Scott's bio and headshot can be found in the "About Scott" tab above.



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Hi, I'm Scott. I'm the global head of social media for Ford Motor Company. This is my personal blog, where I share my perspectives on social media - the convergence of marketing, advertising and PR on the Web - for marketers, agencies, the enterprise and the individual. This blog contains my personal views. My bio is available here and my headshots can be found here.

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