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Social Media Target Analysis
Social Media Target Analysis
According to a recent report by Global Web Index which recorded the latest social media facts and statistics for the second quarter of 2013, Youtube and Twitter appear as male dominated sites whose populations are comprised of 60% men and 40%. The data shows that 25 to 34 year olds are the dominating age group for all three social media sites, followed by 18 to 24 year olds.
Laura Lora
According to a 2013 infographic A Case Study in Social Media Demographics by Online MBA, Facebook is largely dominated by the second wealthier class (47%) compared to Twitter which is (38%) populated mostly by $25K-50K income class. Both sites are ruled by Gen Y who fall under the category Some College.
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11% 9%
10% 15%
33%
$50,000 - $99,999
37% 38%
47%
$100000 +
Less Than HS Diploma High School Some College Bachelor's or Graduate Degree
24%
9% 10%
24%
9% 8%
57%
59%
According to a report by Global Web Index for the second quarter of 2013, Facebook has 59% of all internet users in North America as active users. Youtube has 27% but Google+ only achieves 15% and Twitter 25%.
Twitter 70% 60% 50% 40% 30% 20% 10% 0% Facebook Youtube
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Asia Pacific
Europe
Latin America
North America
Definitely a digital generation, 24% of 18 to 24 year olds admit to Googling themselves, placing it right behind drinking as a top five vice among youth today and surpassing smoking, illegal drug use and pill popping. The following data was extracted from The Curve Report 2013.
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18-24
USER PSYCHOGRAPHICS
Gen Y and Gen X suffer from FOMO, Fear of Missing Out, among other social media symptoms that are explained in The Curve Report 2013.
Accelerated Nostalgia The pace of life is so quick today that what happened a year
ago feels like history
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FOMO I often feel as though I am missing out on something interesting or important Entertainment Debt I feel like I dont have time to watch/listen to all of the media
that I have accumulated
e-Guilt I feel guilty when I dont keep up with my friends/acquaintances online OSD Obsessive Status Disorder; When I am experiencing different events, I often find
myself thinking in status updates
Virtual Reality If you dont have a profile on a special networking site you basically
dont exist
USER PSYCHOGRAPHICS
No matter how much they post, pin, and check in, social media users cant help but wonder if they are missing out. According to The Curve Report 2013, the FOMO increased from 25% in 2011 to 32% in 2012.
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0.5 0.45 0.4 0.35 0.3 0.25 0.2 0.15 0.1 0.05
Which statements do you agree with? Check all that apply. 18-24
25-34 35-49
When asked about their relationship with Facebook in The Curve Report 2013, respondents reported having a love-hate relationship with the site (46%) instead of saying its either a life necessity (31%) or a waste of time (23%).
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48%
42% 58%
45% 55%
It's become TOO BIG and impersonal The BIGGER it's gotten the better it's become
According to a recent report by Global Web Index which recorded the latest social media facts and statistics for the second quarter of 2013,
Facebook has become the place to put your photos.
Uploading and sharing photos as the #1 activity on the site from any device
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According to a recent report by Global Web Index which recorded the latest social media facts and statistics for the second quarter of 2013,
Twitter could be called the personal news channel.
Posting comments about daily activities is the #1 activity on the site from any device
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The change in active users between 2012-2013 shows an increase of 180% or higher for users 35-44 in all platforms. According to Global Web Index, this is followed by users 45-54 and 55-64 who show an 85% increase or higher compared to the increase of 70% or lower in age groups 25-34 and 16-24.
Laura Lora
Despite of existing in the fast-moving tech space, Facebook seems positioned to stand the test of time. According to The Curve Report 2013, a full 43% of people who are currently on Facebook believe that they will actively use the site forever.
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Total
18-24
25-34
35-49
22%
23% 19%
23%
Forever
The leading driver of purchase is Peer Recommendations on Facebook or Twitter (24.8%) While reach is a starting point, relevance to the topic and relationship with the brand are two other important criteria Genuine content that is original and personable works best
to Census.gov, online advertising revenues rose 22% in 2011 and 15% in 2012. These are estimated to rise 14% in 2013 and 13% in 2014
US
online retail sales increased around 14% to $200 billion in 2011 and another 14% to $231 billion in 2012
Keyword search revenues and online video advertising have significantly contributed to growth
2%
Recommendations on FB or Twitter
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7%
Commercial on TV
8%
25%
Shared Link Friend's Pinterest Pin Blog
8%
11%
14%
Magazine Ad Other
12%
13%
to an analysis of data on Top500Guide.com, an Internet Retailers online subscription database of global e-commerce metrics, these are the Top 10 internet retailers on Twitter as of November 6th, 2013.
Internet retailers are measured in terms of effectiveness by the percentage of web site traffic and mentions on Twitter
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According to an infographic created by Crowdtap, users largely rely on social media in the purchasing process.
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64.8% of shoppers use social media to find the perfect gift 92% of consumers trust earned media over all other forms of advertising 44.3% of shoppers discover deals through peer recommendations 67% of shoppers purchased a gift they found on social media 25% selected Peer recommendations on Facebook or Twitter as their leading driver of purchase
POSITIONING
Jalin Gibbs
Jalin Gibbs
Mission Statement:
give people the power to share and make the world more open and connected
Jalin Gibbs
High number of users mirrors how Facebook is positioned in consumers minds Facebook has created an atmosphere of fun and connectivity, Facebook has something to satisfy every user
600
400 200 0 2004 2008 2012
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Twitter executes mission statement by allowing users to constantly be connected to friends, celebrities and important news.
YOUTUBE
An easy and fast site where countless videos are found and shared which can be used for entertainment, educational and/or lifestyle help purposes Mission Statement: To provide fast and easy video access and the ability to share videos frequently
SURVEY
Wanted to gain insight on how consumers feel about Youtube and if they are satisfied
Jalin Gibbs
Surveyed 30 people: (5) 17 and Under (15) 18-25 (6) 26-34 (4) 35 and over
RESULTS
Do you use Youtube? What do you use Youtube for?
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RESULTS
Do you think Youtube can be improved? Does Youtube live up to their Mission Statement?
Jalin Gibbs
No
Yes No
Mostly used for entertainment and tutorials Consumers believe that they are doing their best in providing fast and easy video access and the ability to share videos frequently People can use other video sharing platforms, however, Youtube has gone above and beyond making sure that they can satisfy every user by providing such excellent service Youtube does not need to be improved, it is efficient and has every type of video imaginable for anyone
Jalin Gibbs
SOURCES
http://www.eyeflow.com/a-swot-analysis-for-twitter/ http://www.digitaltrends.com/web/youtube-to-help-ad-makers-make-ads/ http://www.emarketer.com/Article/Facebook-Sees-Big-Gains-Global-Mobile-Ad-Market-Share/1010171 http://www.dreamgrow.com/top-10-social-networking-sites-by-market-share-of-visits-may-2013/ http://fforward.co/the-stagnation-of-facebooks-payments-business/ http://www.digitaltrends.com/social-media/no-its-not-just-your-eyes-facebook-ads-are-getting-bigger/ http://madmobilenews.com/twitter-ipo-starts-with-mobile-centric-focus-2502/#.Um2wis2PFhs http://www.nytimes.com/2013/10/05/business/twitters-ipo-plan-has-an-international-focus.html?_r=0 http://www.digitaltrends.com/web/youtube-to-help-ad-makers-make-ads/#ixzz2iyF1k0j0
SOURCES
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ntrolName=IndustriesSurveySearch
http://zephoria.com/social-media/top-15-valuable-facebook-statistics/ http://mashable.com/2013/08/21/social-media-shopping/
SOURCES
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http://visual.ly/10-surprising-social-media-statistics
http://www.brandwatch.com/2013/08/social-media-stats-in-perspective/ http://www.internetretailer.com/2013/11/08/twitters-top-10-retailers http://www.mediabistro.com/alltwitter/how-brands-use-twitter_b47994 http://www.dazeinfo.com/2013/10/17/twitter-q3-2013-revenue-profit-growth-report/