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What if Social Media Dramatically Changes Our Industry…Tomorrow? Assessment of Social Media impact on Events & Exhibitions" Monday, September 14, 2009 by Stephen Nold President Advon Technologies Prepared For David Erich & Experient Team

Social Media Assessment

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Page 1: Social Media Assessment

What if Social Media Dramatically Changes Our Industry…Tomorrow?

“Assessment of Social Media impact on Events & Exhibitions"

Monday, September 14, 2009

by

Stephen Nold President

Advon Technologies

Prepared For

David Erich & Experient Team

Page 2: Social Media Assessment

Social media

an umbrella term

media (tools) designed for social interaction, created using highly accessible and scalable publishing techniques

online social conversations

transforms broadcast media monologues (one to many) into social media dialogues (many to many)

Changes people from content consumers into content producers

is a shiny new toy

Page 3: Social Media Assessment

Social media

Content/Conversation

Integrates technology, social interaction, and the delivery of words, pictures, video and audio.

Media/Tools

Social interface

I

customers

think are listen- Great!

But, are Yes -

they

ing?

Page 4: Social Media Assessment

Social media

Part of a comprehensive marketing mix

ToolsAn Approach

Page 5: Social Media Assessment

It is zillions of conversations that people are having…online…24/7…right now!

Page 6: Social Media Assessment

Social media is NOT

Inbound marketing

A single solution

A media

The message or content

Really that new anymore

Page 7: Social Media Assessment

What IF?• Most people starting using social media?

• Social Media was used more than email?

• There was a rush to adopt these tools?

• That people became the source of content - not editors and publishers?

• What if online education was the best way for people to learn?

Page 8: Social Media Assessment

What IF?• Most people starting using social

media?3/4 Americans use social technologyForrester: Growth of Social Technology, 2008

2/3 of the global Internet population visits social networksNielson: Global Faces and Networked Places, 2009

• Social Media was used more than email?Social Media is the #1 activity on the WebHuffington Post: Social Networking Sites Overtake Porn As Internet's #1 Search, 10/2008

Page 9: Social Media Assessment

What IF?• What if online education was the best

way for people to learn?“2009 US Department of Education study revealed that on average, online students out performed those receiving face-to-face instruction”U.S. Department of Education Study 

Page 10: Social Media Assessment

What IF?• SM was creating a

great marketing shift…

• becoming the most successful way to promote a brand…

• changing f2f marketing today…

• dramatically changing f2f marketing to becoming unrecognizable as we define it today…

Page 11: Social Media Assessment

What IF?

What if show organizers were already seeing success with Social Media?

What if Events were secondary to Social Media communities and our customers focused on creating online communities first and then offered live face to face interactions second?

Page 12: Social Media Assessment

NAB Results

1,500 Registrations – top performing strategy First-time attendees

• More Friends and Followers Twitter: 26 to 2,182; Facebook: 147 to 888; LinkedIn:

14 to 550

New strategic partnerships and relationships Database of 550 community leaders

Increased Web site traffic Up 14% from 2008; 50% new visitors Opening Day: 25K unique visitors – up 50% from 2008 Social Media sites rank in top 50 referring sites

Page 13: Social Media Assessment

Social Media is real

ValuableMay transformCan be monetizedHype and MythsOrganizations are trying to figure out how to adoptNo perfect answer

Experient could be a catalyst for change

Conclusions