Social Media Audience and the Arts an Introduction - revised

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    Social Media, Audience and the Arts An Introduction

    For students of the School of Culture & Communications

    The University of MelbourneAntony Hing - Sept 2011

    Social Media, Audience and the Arts An Introduction

    For students of the School of Culture & Communications

    The University of MelbourneAntony Hing - Sept 2011Image Thomas Hawk Flickr

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    Post GFC, social media and social commerce

    are the new global growth zones

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    Its a cloud thing, since the year 2000

    1 billion+ in social networks

    Online Ad Market $0 to $200B pa by 2015 140M new websites launched since 2008

    It might be called social but its also increasinglycompetitive!

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    Humans cant help it: we need to belong

    Seth Godin - Tribes

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    how they shop,live and learn

    Source: The Social Revolution Connecting with todays customer - George Hsu and Brian Halliganhttp://www.slideshare.net/HubSpot/social-revolution-connecting-with-todays-customer

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    Source: The Social Revolution Connecting with todays customer - George Hsu and Brian Halliganhttp://www.slideshare.net/HubSpot/social-revolution-connecting-with-todays-customer

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    Gamification where social began

    Source: Marigo Raftopoulos slideshare.net/Marigo/game-on-designing-for-a-playful-future

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    Gamification: a change tool for our future leaders

    Source: Marigo Raftopoulos slideshare.net/Marigo/game-on-designing-for-a-playful-future

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    and for solving todays problems

    Source: Marigo Raftopoulos slideshare.net/Marigo/game-on-designing-for-a-playful-future

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    Key Takeaway 1

    Whether you choose change,or change chooses you,

    consider how gamification can assist youand your teams best deal with newscenarios and futures, adopt new practices

    and help shape customer behaviour

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    Social Commerce Stars

    Socially EngagedLaggards

    Commerce Engaged

    Source: Trendmaster Global Web Index August 2011

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    Key Takeaway 2

    You have to look beyond Australia (and the

    other Laggard social economies) to trulyappreciate where the social universe andits digital natives are heading

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    12 months from now: beyond the PC

    1 year from nowCurrent

    Source: Trendmaster Global Web Index August 2011

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    Additional information and commentary: KPMG ViewPoint April 2011Scott Cass-Dunbar and Sean OByrne

    Social Commerce: $30B in 4 years to $? in 6 to 10 years

    Leaders are publishing their wayto success and claiming theTrusted Authority space.

    Why not you?

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    Barry Salzman, Googles Managing Director, Media and Platforms,"The Future of Display Ads: 7 Predictions for 2015 Jan 2011

    Social Advertising to

    reach US$50B in 4 years*

    * Of an estimated US$200B pie

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    Super-charged word of mouth will determinethe success or failure of brands

    What is the future value of non-social brands?

    The conversation around content is now king.

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    Key Takeaway 3

    Social media publishing tools are gettingeasier to use by the day.

    Groups is an example of howbusiness people with almost zero web 2.0experience can easily start publishing and

    growing their own communities of interest.

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    Social Media impacts all areas of Marketing

    Additional information and commentary: KPMG ViewPoint April 2011Scott Cass-Dunbar and Sean OByrne

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    Using Social Media To Aid Event Promotion

    Blogs

    Videos

    Tweets& RSS

    Posts &Reviews

    Games

    LocationBased

    Services

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    Reinforcing new modes and behaviours

    Source: Marigo Raftopoulos slideshare.net/Marigo/game-on-designing-for-a-playful-future

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    Source: The Social Revolution Connecting with todays customer - George Hsu and Brian Halliganhttp://www.slideshare.net/HubSpot/social-revolution-connecting-with-todays-customer

    The new Marketing Managers profile

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    Key Takeaway 4

    The practices of marketing, sales andbusiness communications will be amongthe first to change as social commerce

    becomes the new normal The actions of social are: connect,

    engage, interact, respond and be present.

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    Rising demand for professional content is

    coinciding with a surge in social commerce

    Source: Trendmaster Global Web Index August 2011

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    Professionals never had it so good

    Source: Trendmaster Global Web Index August 2011

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    Key Takeaway 5

    Those who learn how to originate andpublish content in a professional waywill be sailing into blue oceans

    Even if you dont originate content,curating and re-publishing it can still bea blue ocean activity(a blue ocean is a zone of demand with few or no competitors)

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    Source: Trendmaster Global Web Index August 2011

    Midway through 2011 the hot zone is:

    social film entertainment platforms

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    Source: Trendmaster Global Web Index August 2011

    Films are at social medias epicentre

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    Source: Trendmaster Global Web Index August 2011

    A film site

    Films are at social medias epicentre

    Managed their profile

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    Source: Trendmaster Global Web Index August 2011

    Films are at social medias epicentre

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    Key Takeaway 6

    Film and video are in the hot zone of social media. Convert your messagesinto formats that are film and videofriendly

    Be prepared to make them of

    professional quality

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    What is the principle of social film?

    If a diverse film culture is ever going to flourish, we have tomove towards a new model , where filmmaking is recognised as

    an ongoing conversation between filmmakers and their audiences

    Ted Hope, producer of over 50 films(eg American Splendor, 21 Grams, Adventureland)

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    Social film - a case studyProject Borneo by Virgo Productions

    Aim: Use educational film to save Orangutans

    Teaser: http://youtu.be/Oc_KeQE8luM (google Project Borneo)

    If film success is dependent on its viewing audiencethen use of Social Media has enabled:

    The building of awareness, early in the film-production phaseamong millions of school kids and teens worldwide,Action Agent clips on YouTube to generate strong audiencemomentum throughout the casting process

    school kids, teens and parents from all over the world to feela strong sense of involvement, even though film release isprobably over a year away.

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    Key Takeaway 7

    As film goes social, Participatory Film-making will become a new way toenrich the movie experience and evenallow fans to be part of the movie itself

    It will lead to more innovation in crowd-

    sourcing.

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    The problem in the film industry is

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    Film audiences struggleto find films they like,

    while filmmakers struggleto find their audience,

    because.

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    Each year so few films gain release!

    20,000+

    1,100

    Feature films produced yearly

    Admitted at Festivals & Marts

    Typical Cinematic Release

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    How is 1,100* new films for660,000,000* people

    sustainable for thousands of excluded filmmakers?

    satisfying for tens of millions of movie-goers? desirable for the film industry?

    How much bigger would the marketbe if more films were accessible?

    What of stories needing to be toldthat arent?

    What of creating a better filmexperience?

    * Data extrapolated from MPAA Theatrical Market Statistics 2009 and Marche Du Film Focus 2009 reports

    h d i d h fil i

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    * Extrapolated from research on consumer categoriesdiscussed in social networks by Universal McCann Wave 5, 2010

    The desire to deepen the film experienceis why so many people talk film

    in social networks!

    ~ 500 million people shareopinions on movies*

    I share opinions

    I write / create content

    I seek info when I need it

    I seek info to keep up to date

    Movies

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    Engaging super influencers and power users

    Avids have their identitystrongly bound up in film.They like to read and gainknowledge about films.Avids use a greater variety of sources and efforts to findfilms

    80 million

    extrapolated from Universal McCann Wave 3, 4 and 5

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    Key Takeaway 8

    Audiences are not all equal!Some clamour louder and drive social

    change more than others these are yourchange agents and the ones whom youneed to find and engage with soonest.

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    answering a global need

    Movr.com where the worlds film fans, filmmakersand industry professionals will choose to: socialise,recommend movies and share great film experiences

    You are welcome to join Movr.com but please note it is still in pre-release modeand your confidentiality is appreciated

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    Key features will bereleased in phases .

    iPad and Android tabletversions coming soon

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    You are welcome to join Movr.com but please note it is still in pre-release modeand your confidentiality is appreciated

    Trade Sales some examples

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    Trade Sales some examples

    estimated: US$50 - $100M

    estimated: US$20 - $30M

    US$280M all cash deal

    In US$18.9B merger betweenVivendi Blizzard and Activision

    US$700M accumulated700,000+ subscribers since

    2005, subscribers pay US$58pa

    US$8.5B

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    Key Takeaway 9

    Social networks are eco-systems that canaggregate very high economic value, bothfor the operator and those who can pluginto the platform. Its also why to growbrand equity, marketing plans mustintegrate social media.

    h l d

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    Authorities include

    Tom Smith Global Web IndexSusan Rice-Lincoln

    Natalie TranBrian SolisMari Smith

    Brian HalliganTim Bajarin

    James SchramkoDavid Rogers - Columbia Business School

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    Key Takeaway 10

    There are plentiful online resourcesfrom great thought-leaders

    Get prepared, skilled, practiced andconnected

    Better yet aim to become a trusted

    authority in your niche!

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