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#thinkTrends
thinkLA Trends Breakfast




                           #thinkTrends
Mormons in Paris
News and Entertainment
  You Love To Share




                   30 Million
                   Unique Visitors

                     Google Analytics | comScore Global 17M
the viral web in realtime

                 The Big Question
• How can you spread your ideas and make them “go
  viral” on the web?

• I have been answering this question by creating
  media, working on political campaigns, starting
  companies, and collaborating on research

• I will share some of what I’ve learned in the past 10
  years
Key Concept:
       The Bored At Work Network

• Millions of bored office workers blog, Tweet,
  Facebook, and IM all day

• The BWN is bigger than the BBC, CNN, or any
  traditional media network

• A decentralized network that enables media to “go
  viral” if ordinary people enjoy sharing it
The Bored In Line Network

• I used to hate mobile

• Now I love it

• Over a third of BuzzFeed traffic is mobile

• You can’t go viral if you content can’t be viewed and
  shared on the mobile web
Early Viral Media
Experiments
2001:
Nike ID Launches
the viral web in realtime
the viral web in realtime
the viral web in realtime
hanging out with close friends!




                      OMG! Good Morning
                      America with Chelsea
The biggest misconception about viral

Quality is all that matters
  • Quality content automatically goes viral on its
    own
  • The best content is the most viral
  • The “best” ideas always win
  • Quality matters, but isn’t enough
the viral web in realtime
Which Is Higher Quality:
Judaism or Mormonism?
the viral web in realtime

Performance Metrics
The Mormons realize that success is...

          The Idea
              +
      A Way To Spread It
The viral distribution strategy is as important
               as the idea itself!
The Science Behind BuzzFeed

                   R=ßz
• ViralRank measures the “social reproduction rate” of
  media

• It is the key metric to show what is getting shared and
  linked on the social, realtime web

• Organize site to maximize how content spreads
Viral Optimization
                                       Viral     R = 0.8
                                      Content

                                       Viral
    Promotion                         Content
                                                 R = 0.3

                                       Viral     R = 0.1
                                      Content



•    We test R values in realtime and promote content with a
     higher rank

•    BuzzFeed editors, users, and advertisers can try lots of
     ideas and the platform maximizes distribution for Viral Lift
We Use Machine Learning
              To Predict Social Hits
•   We know what’s viral
    before
    it’s viral
•   Regression analysis and
    machine learning
    approaches
•   Data assets provide
    economies of scale and
    moats
Dashboard Technology
                   Built For Social
• Measure Social Lift and
  Earned Media

• Scalable and measuring
  billions of events per month

• Used by 300M UVs of top
  publishers like: Time,
  Huffington Post,
  Daily Mail

• And all our brand advertisers
What Spreads
Depends on the
Platform

Google vs. Facebook
Google World View:
The key is connecting people with
     information they need
Facebook World View:
 The key is helping you express your
feelings and connect with your friends!
Emotional Reactions
Social Takes Over The World

• As social media matures, the basset hounds, memes,
  and personal updates were joined by breaking news,
  original content, and substantive articles

• People are already getting everything they want, all
  mixed together, in their Facebook and Twitter feeds

• BuzzFeed is maturing along with the social web
BuzzFeed Needed To
 Evolve With Social
BuzzFeed’s First Scoop
Women
Sports
Animals
Sneak Peek:
BuzzFeed LA
Do on Youtube What We’ve Done on Facebook
and Twitter
                  • Lightweight, low cost, social-native
                    content just like BuzzFeed.com

                  • Youtube Grants ($300K Q1), more in 2013

                  • LA Bureau
Do with Entertainment reporting in 2013
    what we did in Politics in 2012
•   Richard Rushfield and Kate Arthur, LA
    reporting heavyweights

•   Start with a team of 12

•   Scoops and entertaining content for the
    social web, Special Operations team

•   Digital journalism no longer a sideshow
    in Hollywood
Aggregating worked
for Search
Scoops
and Quality Reporting
work for Social
How Can The Same Site Publish This...
...And This???
Edit was first,
but now the big shift to
Social is coming
to Advertising
100% of our Revenue
             is Social Content Marketing




• No banners
• “Story Units” have 1%-2% CTRs,
   Over 10x industry average
• Programmed by viral rank
Social advertising is
      Word-of-Mouth marketing
          at Internet scale
“What comes to mind when you think about General Electric (GE)?”




   Control Group
   Control Group
   Via Social Media
   Via Social Media




  “We see social branded content as a great way to engage.”
    — Paul Marcum, Director of Global Digital Programming & Marketing, GE
We’re Already Doing This With Brands In Every
       Vertical That Cares About Social
Virgin Mobile
BuzzFeed
Case Study
64
Source: Vizu/BuzzFeed
...And A Few Other
Examples
Social Can Make Ads Great Again
Cheatsheet:
13 Ways To Go
Viral
…make content YOU would share yourself

        …don’t focus on tricks

             …be yourself

           …try lots of ideas

         …don’t ignore mobile
…have a heart
…content is about identity
…capture the moment
…cute animals deserve respect
…humor is inherently social
...nostalgia is inherently social
…human rights are inherently social
…don’t post things people are
   embarrassed to share
Concluding
Thoughts...
Takeaways

•   Learn from the Mormons — have an idea and a way to spread it

•   Understand your platform — different content spreads on Google
    vs Facebook

•   The big shift to social content is coming — get ready for it

•   People love the Paris Cafes — stay close to what makes us
    human

•   Use the “13 Ways To Go Viral” — they really work!
thinkLA Trends Breakfast




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thinkLA Trends Breakfast 2012 - Jonah Peretti

  • 4. News and Entertainment You Love To Share 30 Million Unique Visitors Google Analytics | comScore Global 17M
  • 5. the viral web in realtime The Big Question • How can you spread your ideas and make them “go viral” on the web? • I have been answering this question by creating media, working on political campaigns, starting companies, and collaborating on research • I will share some of what I’ve learned in the past 10 years
  • 6. Key Concept: The Bored At Work Network • Millions of bored office workers blog, Tweet, Facebook, and IM all day • The BWN is bigger than the BBC, CNN, or any traditional media network • A decentralized network that enables media to “go viral” if ordinary people enjoy sharing it
  • 7. The Bored In Line Network • I used to hate mobile • Now I love it • Over a third of BuzzFeed traffic is mobile • You can’t go viral if you content can’t be viewed and shared on the mobile web
  • 10.
  • 11. the viral web in realtime
  • 12. the viral web in realtime
  • 13.
  • 14.
  • 15. the viral web in realtime
  • 16. hanging out with close friends! OMG! Good Morning America with Chelsea
  • 17. The biggest misconception about viral Quality is all that matters • Quality content automatically goes viral on its own • The best content is the most viral • The “best” ideas always win • Quality matters, but isn’t enough
  • 18. the viral web in realtime Which Is Higher Quality: Judaism or Mormonism?
  • 19. the viral web in realtime Performance Metrics
  • 20. The Mormons realize that success is... The Idea + A Way To Spread It The viral distribution strategy is as important as the idea itself!
  • 21. The Science Behind BuzzFeed R=ßz • ViralRank measures the “social reproduction rate” of media • It is the key metric to show what is getting shared and linked on the social, realtime web • Organize site to maximize how content spreads
  • 22. Viral Optimization Viral R = 0.8 Content Viral Promotion Content R = 0.3 Viral R = 0.1 Content • We test R values in realtime and promote content with a higher rank • BuzzFeed editors, users, and advertisers can try lots of ideas and the platform maximizes distribution for Viral Lift
  • 23. We Use Machine Learning To Predict Social Hits • We know what’s viral before it’s viral • Regression analysis and machine learning approaches • Data assets provide economies of scale and moats
  • 24. Dashboard Technology Built For Social • Measure Social Lift and Earned Media • Scalable and measuring billions of events per month • Used by 300M UVs of top publishers like: Time, Huffington Post, Daily Mail • And all our brand advertisers
  • 25. What Spreads Depends on the Platform Google vs. Facebook
  • 26. Google World View: The key is connecting people with information they need
  • 27.
  • 28.
  • 29. Facebook World View: The key is helping you express your feelings and connect with your friends!
  • 30.
  • 31.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38. Social Takes Over The World • As social media matures, the basset hounds, memes, and personal updates were joined by breaking news, original content, and substantive articles • People are already getting everything they want, all mixed together, in their Facebook and Twitter feeds • BuzzFeed is maturing along with the social web
  • 39. BuzzFeed Needed To Evolve With Social
  • 40.
  • 42.
  • 43. Women
  • 47. Do on Youtube What We’ve Done on Facebook and Twitter • Lightweight, low cost, social-native content just like BuzzFeed.com • Youtube Grants ($300K Q1), more in 2013 • LA Bureau
  • 48. Do with Entertainment reporting in 2013 what we did in Politics in 2012 • Richard Rushfield and Kate Arthur, LA reporting heavyweights • Start with a team of 12 • Scoops and entertaining content for the social web, Special Operations team • Digital journalism no longer a sideshow in Hollywood
  • 51. How Can The Same Site Publish This...
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  • 55. Edit was first, but now the big shift to Social is coming to Advertising
  • 56. 100% of our Revenue is Social Content Marketing • No banners • “Story Units” have 1%-2% CTRs, Over 10x industry average • Programmed by viral rank
  • 57.
  • 58. Social advertising is Word-of-Mouth marketing at Internet scale “What comes to mind when you think about General Electric (GE)?” Control Group Control Group Via Social Media Via Social Media “We see social branded content as a great way to engage.” — Paul Marcum, Director of Global Digital Programming & Marketing, GE
  • 59. We’re Already Doing This With Brands In Every Vertical That Cares About Social
  • 61. 64
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  • 67. ...And A Few Other Examples
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  • 69.
  • 70. Social Can Make Ads Great Again
  • 72. …make content YOU would share yourself …don’t focus on tricks …be yourself …try lots of ideas …don’t ignore mobile
  • 79. …human rights are inherently social
  • 80. …don’t post things people are embarrassed to share
  • 82. Takeaways • Learn from the Mormons — have an idea and a way to spread it • Understand your platform — different content spreads on Google vs Facebook • The big shift to social content is coming — get ready for it • People love the Paris Cafes — stay close to what makes us human • Use the “13 Ways To Go Viral” — they really work!
  • 83.
  • 84. thinkLA Trends Breakfast PRESENTING SPONSOR SUPPORTING SPONSOR #thinkTrends