Harnessing Social Media Possibilities for Business Growth

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Harnessing Social Media Possibilities for Business Growth Taslim OKUNOLA Managing Partner at ByteMars

Transcript of Harnessing Social Media Possibilities for Business Growth

Page 1: Harnessing Social Media Possibilities for Business Growth

Harnessing Social Media Possibilities for Business GrowthTaslim OKUNOLAManaging Partner at ByteMars

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The Evolution of Social Media

2001

Friendster was

launched

2003 &

2004

MySpace and

Facebook were

launched

2005 &

2006

YouTube and Twitter

were launched 1bn

2015 &

2016

Facebook, WhatsApp and Messenger hit

1bn users.

2009 &

2010

WhatsApp and

Instagram were

launched

2011 - 2014

1bn

Snapchat was

launched. YouTube hit 1bn users.

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28%28% of the time spent online is spent on Social Media

Social Media Numbers

Source: GlobalWebIndex

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1.721.72 hours is spent on social media daily

Social Media Numbers

Source: GlobalWebIndex

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Social Media Disruption Key features:

● Filters using advanced tech● Integrations● User in control● Personalization

Just some figures:

● 150m active users● 7bn daily video views● Worth $20bn

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“It is no longer a question of whether to use social media but how”

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Social Media Checklist

● Know your goals

● Know your target audience

● Pick your platforms

● Decide on your content strategy

● Know your competitors

● Do a social media audit

● Track, analyze and optimize

Things to know...

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Stakeholders of Social MediaUsers

Advertisers Social Platforms

Source: The Art of Digital Marketing

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Media TypesPhoto credits: Indra PR

Source: Indra PR

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Content Planning

Plan it out Integrate Manage Adapt

Source: The Art of Digital Marketing

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Principles of Social Media

Focus Quality Share

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Principles of Social Media

Influence Accessibility Reciprocity

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Human is the new cool

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“Be human without losing your brand”

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Engagement > Followers

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Be Reactive

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Be Reactive

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“Never stop testing and optimizing”

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Questions & AnswersAsk Me Anything

Taslim [email protected]

@taslimokunola