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Social Media Directions NMHPaper

Social Media Directions NMHPaper

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Published by: api-576014 on Oct 27, 2009
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10/14/2013

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Copyright 2009
All Rights Reserved Social Media Directions
Page 1

The Answers to the Questions Provide the
Pathway to Solutions, Relations, Markets and
Conversations Yet to Be Discovered

Produced By
David Bullock
Jay Deragon

In Partnership With
Copyright 2009
All Rights Reserved Social Media Directions
Page 2
Table of Contents

What Is Social Media?................................................................................ 1 Systemic Effects of Social Media................................................................ 2 Is Social Media Strategically Relevant?...................................................... 4 Is Social Media Relevant & Relative?......................................................... 6 Where, What and Who?.............................................................................. 6 Does Where, When & What Matter?........................................................... 7 Does \u201cHow\u201d Come After \u201cWhat?\u201d................................................................ 9 Who Owns the \u201cHow\u201d Company?.............................................................. 10 How Much Does \u201cHow\u201d Cost?................................................................... 12 The Cost of How....................................................................................... 13 Where Do You Find How?........................................................................ 13 How Do You Learn How?......................................................................... 14 Why Use Social Media?............................................................................ 16 From Advertising to "Convert-ising".......................................................... 18 What Is Convert-ising?.............................................................................. 19 Do You Have Social Media Directions?.................................................... 21 About The Authors.................................................................................... 23

Copyright 2009
All Rights Reserved Social Media Directions
Page 1
What Is Social Media?

It seems that everyone is trying to define social media and how to measure its ROI.

I get asked \u201cwhat is social
media?\u201d from every client I

engage with. Everywhere I look
online, people are presenting
videos, presentations, white
papers and even books that

offer their spin on the definition of social media.

Since all this social stuff is fairly new and evolving, definitions change. So do people\u2019s
perception of what it is. After reading, hearing and watching everyone\u2019s definition, I
thought about their perspectives. Then I thought about whether these perspectives
effectively tell the story. Having something of a simple mind myself, I thought I\u2019d try and
condense the definitions down to something I hope is useful for everyone.

Social Media Is What?

When you break it all down,\u201csocial media is communications.\u201d Communications is
nothing new, except now the power of communicating has exploded with the
participation of hundreds of millions of people engaging in dialog one-to-one to
millions. If you haven\u2019t noticed, there are over 200 million blogs, millions of YouTube
video, billions of tweets, millions of individuals connecting on social networks. What are

all these people doing? Communicating!
How Are We Communicating?
Social technology has simply accelerated communications. Before, people and
institutions relied on phones, email, television, radio, marketing material and advertising
to communicate. Now they all rely on this process called social media. Social
media is a communications process leveraged by technology.

Yet the old process of communicating has shifted to a process that provides reach,
richness, and affinity and enriched collaboration efforts. By the way, it is all
instantaneous with no delays. Plus it pulls people and entire markets into conversations,
instantaneously. How are we communicating? Instantaneously!

Simply stated, social media is a communication process that is revolutionizing
everything tied to communication;which, by the way, happens to be everything.

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