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Social Media Tipping Point

By Archive User posted 05-07-2014 04:37 PM

  

For years, industry experts have proclaimed that the time will come when social media marketing is as effective as traditional marketing. Some are suggesting that the release of a very successful new album using only social media may provide a blueprint of future marketing successes and act as a tipping point.

Late last year, Beyoncé released her latest album, Drunk in Love, not with a flood of radio and TV spots, but instead using social media. It was a complete surprise and an overwhelming success. According to Apple, Beyoncé’s surprise album was the fastest-selling album in iTunes history, reaching No. 1 in the sales rankings in 104 countries. The album sold 828,777 copies in first three days, including 617,213 in the United States.

Admittedly few advertising campaigns will generate the interest of a music superstar like Beyoncé, but the question becomes is this a tipping point and if it is how can you take advantage of this tipping point. Clearly, the first step is to understand who uses social media.

Here is a short primer on the demographics of users from businessto2community.com:

  • 72% of all Internet users are active social media visitors
  • 89% are between the ages of 18 and 29
  • 72% are between 30 and 49
  • 60% are between the ages of 50 and 60
  • 43% are 65 or older
  • 71% access social media from mobile devices

The second step is understanding the benefits of using specific sites for specific services. This information is from Technorati’s 2013 Digital Influence Report:

  • Facebook users tend to “like” brands to learn about products and services (56%), keep up with brand-related activities (52%), and for promos (48%); some 32% interact with brands to provide feedback.
  • Twitter users follow brands mostly to keep up with brand activities (57%) and learn about products and services (47%); some 27% do so to provide feedback.
  • YouTube users engage with brands mostly to learn about products and services (61%), keep up with brand-related activities (41%), and provide feedback (23%).
  • Pinterest users follow brands primarily to learn about products and services (56%), keep up with brand activities (35%), and for sweepstakes/promos (28%).
  • Instagram users follow brands to keep up with brand-related activities (41%), learn more about products and services (39%), and make purchases (27%).

What do you think? Is the success of one music superstar a tipping point or simply another channel that can be used for successful marketing?

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