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EFFECTIVENESS OF
BUSINESS THROUGH
SOCIAL NETWORKING
       SITES
INTRODUCTION
• A human social network can be a group of
  friends living within a city, or a group of
  college classmates who remain in frequent
  contact socially. It can also be a group formed
  specifically to accomplish a set of tasks over
  time.
HISTORY
• In 1994 yahoo released Geocities to connect
  the people within the city.
• In 1995 Theglobe.Com was launched that
  allowed the users to interact based on the
  interest.
• Instant messaging started in 1997 with AOL
  instant messaging and Sixdegrees.Com
• The new millennium saw many new sites like
  friendster, myspace, linkedin,
  facebook(however it was not opened to the
  world until 2009),twitter and so on.
SOCIAL NETWORKING SITES
• We define social networking sites as web
  based services that allow individuals to
  Construct a public profile within a bounded
  system, articulate a list of other users with
  whom they share a connection, and view and
  traverse their list of connections and those
  made by others within the system. The nature
  and nomenclature of these connections may
  vary from site to site.
• Social networking sites is all about connecting
  with people. We can connect with friends,
  family, acquaintances, same interest groups,
  follow fan pages and also connect with
  customers.
• There are 201 active SNS around the world.
Top 10 SNS
1. Facebook
2. Twitter
3. Linkedin
4. Youtube
5. Hi5
6. Skyrock
7. Friendster
8. 51.com
9. Orkut
10.MySpace
• Social media marketing refers to the process of
  gaining website traffic or attention through
  social media sites.
• Social media marketing programs usually centre
  on efforts to create content that attracts
  attention and encourages readers to share it
  with their social networks.
• A corporate message spreads from user to
  user and presumably resonates because it
  appears to come from a trusted, third-party
  source, as opposed to the brand or company
  itself.
• Hence, this form of marketing is driven by
  word-of-mouth, meaning it results in earned
  media rather than paid media.
SOCIAL MEDIA TOOLS
• The business people are mainly concentrating
  on the SNS to market their business.
• To promote the various activities about the
  business, product or the service SNS is the
  main technique used by the marketers.
• Small or big, starter or renowned the
  marketers are mainly concentrating on the
  Facebook, Twitter, Linkedin and blogs.
Facebook
Started on Feb 4, 2004 and was opened to the
   world in 2009.
Now it has about 1.2 billion users.
Facebook allows the users to LIKE the page the
   businesses have created.
It allows users to share photos, videos and no
   longer descriptions.
It also allows the users to link back to twitter page.
Today, brands increase fan counts on average of 9%
   monthly.
Twitter
Is the 2nd largest SNS with 300+ million users.
57% of all twitter Indian users have joined in less a
   year!
Products are promoted through twitter explained in
   short messages. They appear on follower’s home
   pages. They can be linked to product’s website,
   facebook profile etc so as to interact about the
   product online.
This interaction creates loyal interaction between
   the product and the individual.
Linkedin
Stands for its professional status.
It has 135+ million users globally most belonging
   to the age group of 25- 34.
It provides opportunity to generate sales leads
   and business partners.
A page can be created for the product where the
   company can promote and interact with
   customers.
Blogs
A site in which individual or group of users
   record opinions, information on regular basis.
Companies that recognize the need of
   information, originality and accessibility
   employ blogs to make their products popular
   and unique and ultimately reach out to
   customers who are privy to social media.
It can be linked to and from SNS.
Most Popular Social Media Tools
100
            92
 90               86
                         84

                                   78              79
 80   77
                                           72
 70                                                             68


 60


 50                                                                  2009 in %
                                                                     2012 in %
 40


 30


 20


 10


  0
      Facebook     Twitter          Linkedin            Blogs
Number of accounts
30

                         27

          25
25   24        24
                    23

                              21

20


                                        16

15
                                                             13

                                                     11 11                     Facebook
                                             10 10                    10
10                                                                             Twitter
                                    8



 5



                                                                  0        0
 0
90% use Social Media for business.

93% said Social Media is important for their business.
Benefits to the marketers
• When a survey was conducted about the
  benefits the business get, most of replied
  that, Business exposure was the foremost
  thing that they got leaving the increase in
  sales component in the last position.
Social Media Marketers Primary Benefits


                  43%

                                    88%



      49%


                                                        Business Exposure
                                                        Increased Traffic
                                                        Improved search
                                                        Created new partnership
                                                        Generated qualified leads
53%
                                                        Reduced marketing expenses
                                           72%
                                                        Improved sales




            56%

                             62%
• Researchers revealed that the businesses
  using the SNS from 3 years had an increased in
  traffic, quality leads and sales.
Marketers using Social Media Marketing for 3years




72%


                                 91%



                                                    Increased traffic
                                                    Improved quality leads
                                                    Improved sales




          79%
Marketer's method of measuring social media marketing success


                  18%




      25%                             60%



                                                       likes
                                                       retweeting, sharing n reposting
                                                       qualified leads of social media
                                                       time spent with brand content
30%                                                    increased sales
                                                       brand awareness




                                39%

            35%
Video marketing through SNS
• Apart from the normal marketing, video
  marketing through the SNS is increasing at a
  great pace, so as to make the customers
  aware of the product and service attribute.
• A survey revealed that in 2012 marketers will
  be using the SNS for sharing videos instead of
  posts and images.
Expansion of Video Marketing



      61%
                            77%




                                        Youtube
                                        Facebbok
                                        Blogs

73%                                     Twitter
                                        Linkedin

                                  75%




            75%
THANK YOU!!

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Effectiveness of Social Networking Sites for Business Growth

  • 1.
  • 3. INTRODUCTION • A human social network can be a group of friends living within a city, or a group of college classmates who remain in frequent contact socially. It can also be a group formed specifically to accomplish a set of tasks over time.
  • 4. HISTORY • In 1994 yahoo released Geocities to connect the people within the city. • In 1995 Theglobe.Com was launched that allowed the users to interact based on the interest. • Instant messaging started in 1997 with AOL instant messaging and Sixdegrees.Com
  • 5. • The new millennium saw many new sites like friendster, myspace, linkedin, facebook(however it was not opened to the world until 2009),twitter and so on.
  • 6. SOCIAL NETWORKING SITES • We define social networking sites as web based services that allow individuals to Construct a public profile within a bounded system, articulate a list of other users with whom they share a connection, and view and traverse their list of connections and those made by others within the system. The nature and nomenclature of these connections may vary from site to site.
  • 7. • Social networking sites is all about connecting with people. We can connect with friends, family, acquaintances, same interest groups, follow fan pages and also connect with customers. • There are 201 active SNS around the world.
  • 8.
  • 9.
  • 10. Top 10 SNS 1. Facebook 2. Twitter 3. Linkedin 4. Youtube 5. Hi5 6. Skyrock 7. Friendster 8. 51.com 9. Orkut 10.MySpace
  • 11. • Social media marketing refers to the process of gaining website traffic or attention through social media sites. • Social media marketing programs usually centre on efforts to create content that attracts attention and encourages readers to share it with their social networks.
  • 12. • A corporate message spreads from user to user and presumably resonates because it appears to come from a trusted, third-party source, as opposed to the brand or company itself. • Hence, this form of marketing is driven by word-of-mouth, meaning it results in earned media rather than paid media.
  • 13. SOCIAL MEDIA TOOLS • The business people are mainly concentrating on the SNS to market their business. • To promote the various activities about the business, product or the service SNS is the main technique used by the marketers. • Small or big, starter or renowned the marketers are mainly concentrating on the Facebook, Twitter, Linkedin and blogs.
  • 14. Facebook Started on Feb 4, 2004 and was opened to the world in 2009. Now it has about 1.2 billion users. Facebook allows the users to LIKE the page the businesses have created. It allows users to share photos, videos and no longer descriptions. It also allows the users to link back to twitter page. Today, brands increase fan counts on average of 9% monthly.
  • 15. Twitter Is the 2nd largest SNS with 300+ million users. 57% of all twitter Indian users have joined in less a year! Products are promoted through twitter explained in short messages. They appear on follower’s home pages. They can be linked to product’s website, facebook profile etc so as to interact about the product online. This interaction creates loyal interaction between the product and the individual.
  • 16. Linkedin Stands for its professional status. It has 135+ million users globally most belonging to the age group of 25- 34. It provides opportunity to generate sales leads and business partners. A page can be created for the product where the company can promote and interact with customers.
  • 17. Blogs A site in which individual or group of users record opinions, information on regular basis. Companies that recognize the need of information, originality and accessibility employ blogs to make their products popular and unique and ultimately reach out to customers who are privy to social media. It can be linked to and from SNS.
  • 18. Most Popular Social Media Tools 100 92 90 86 84 78 79 80 77 72 70 68 60 50 2009 in % 2012 in % 40 30 20 10 0 Facebook Twitter Linkedin Blogs
  • 19. Number of accounts 30 27 25 25 24 24 23 21 20 16 15 13 11 11 Facebook 10 10 10 10 Twitter 8 5 0 0 0
  • 20. 90% use Social Media for business. 93% said Social Media is important for their business.
  • 21. Benefits to the marketers • When a survey was conducted about the benefits the business get, most of replied that, Business exposure was the foremost thing that they got leaving the increase in sales component in the last position.
  • 22. Social Media Marketers Primary Benefits 43% 88% 49% Business Exposure Increased Traffic Improved search Created new partnership Generated qualified leads 53% Reduced marketing expenses 72% Improved sales 56% 62%
  • 23. • Researchers revealed that the businesses using the SNS from 3 years had an increased in traffic, quality leads and sales.
  • 24. Marketers using Social Media Marketing for 3years 72% 91% Increased traffic Improved quality leads Improved sales 79%
  • 25. Marketer's method of measuring social media marketing success 18% 25% 60% likes retweeting, sharing n reposting qualified leads of social media time spent with brand content 30% increased sales brand awareness 39% 35%
  • 26. Video marketing through SNS • Apart from the normal marketing, video marketing through the SNS is increasing at a great pace, so as to make the customers aware of the product and service attribute. • A survey revealed that in 2012 marketers will be using the SNS for sharing videos instead of posts and images.
  • 27. Expansion of Video Marketing 61% 77% Youtube Facebbok Blogs 73% Twitter Linkedin 75% 75%
  • 28.