Wednesday, June 29, 2011

Chapter 2


The first thing I learned in this chapter is the power of social networking. A trusted network is not a new concept; it can be defined as a group of like-minded people who have come to together in a common place to share ideas, thoughts, and information of themselves. These networks, which today contain more than 100 million people, have been utilized by advertisers to develop trust and create influence among consumers to increase their sales. By embracing social networks, digital connections, and the online experience the advertisers are taking advantage of a new way of selling and there has the potential to become bigger than the product they are selling. The ultimate goal for social networking is to build trust within a given community and the advertiser must utilize this through newsletters, blogs, comments, telephone, email, instant messages, audio, and photographs. These things must be used collectively for social, professional, and educational purposes to build that level of trust.

The chapter continues by comparing the three big social networks: Facebook, Myspace, and Linkedin. Facebook has 425 million members, Myspace with 76 million users, and Linkedlin with 60 million users. Facebook is by far the most popular and most widely recognized but is similar to Myspace in that it is an interactive international web site that allows its members to create a network of friends, personal profiles, groups, and photos. Reading through this chapter is the first time I learned the details about the functions of Linkedin. Linkedin is a professional contact database emphasizing connections. Different from Facebook and Myspace in that you can view friends, of friends, of friends profiles as long that they are all connected through their profiles.The point of this is to emphasize that we are all interconnected and we can use social networking to build trust and provide effective social contacts.

You can see companies using social media in the example of Southwest Airlines who used Twitter to their advantage. The engaged customers on Twitter, built a following, cultivate relationships, and monitored activity. They launched a 48-hour fare sale using nothing more than social media and public relations to promote their airline, with no paid advertising. The result, the airline achieved its top two sales and website traffic days in the airline’s history

For what I’ve seen of social media, it sometimes can get frustrating for other forms of advertising. The consumers no longer hear advertising messages as clear if it is not surrounded by social media, this almost forces advertisers to fully embrace social networking. As a consumer I was initially annoyed with advertisers using social media to get in contact with me, I thought it was just another way for them to spam mail. But now, as an advertising major, the use of social networking is unbelievable to me still. I first started as a 7th grader with Xanga, blogging about my middle school feelings. There was a limited amount of networking, with the use of groups being the only thing I utilized. I think it’s amazing to see how far social media has come since then, it only seems to be getting bigger and more powerful with each new feature and with each new message. Companies and advertisers not fully embracing this social networking movement with their public relations attempts would be a bad move for their business. It is a powerful moment that isn’t disappearing anytime soon, only growing. The key to networking is to participate.

1 comment:

  1. Hahaha Xanga that's awesome. Yes I think the key with advertisers and social media is balance: using the tool in a beneficial way for your audience, give them an incentive to connect and share with you and build a relationship -- otherwise you're just talking at people and they'll be annoyed.

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