Traditional media vs_social_media

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Social media Versus Traditional Media. A brief Study on Social Media ROI compared with TV, Radio, Newspaper and the web in general. The Study is based on Kuhcoon Infographic http://www.kuhcoon.com/

Transcript of Traditional media vs_social_media

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Pros and Cons

•  Social media campaigns are really inexpensive if compared to tradinional media campaign

•  Interaction level is very high as on social media you can suggest direct call to action bringing to an immediate conversion

•  Social media are highly measurable as KPI’s are strongly defined. A facebook campaign has insights on its wing t give you immediate roi

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Trends

•  Social media are rapidly improving their impact effectiveness.

•  Youtube is the 6th most viewed channel in Italy

•  Facebook has the largest number of people, 845 Million Worldwide and 21 Million in Italy

•  Youtube has 484 million user worldwide and 18 million in Italy

•  Twitter is rapidly increasing with 200 million Tweets per day

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CPM

•  CPM is the Cost per mille (CPM), also called cost ‰ and cost per thousand (CPT) (in Latin mille means thousand), is a commonly used measurement in advertising. Radio, television, newspaper, magazine, out-of-home advertising, and online advertising can be purchased on the basis of showing the ad to one thousand viewers. It is used in marketing as a benchmark to calculate the relative cost of an advertising campaign or an ad message in a given medium.

•  Social Media CPM is incredibly competitive and is the doorway to catch million of users with an affordable budget if compared to traditional media

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Social Influence

•  Social media is the most trusted driver in people’ s mind.

•  It’ s influence is double if compared to standard tv and radio commercial.

•  Users trust their friends and trust at most of all what their friends experience on social media.

•  The new conversion funnel is focused on friend’ s opinions and this opinion are delivered on social channels.

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Key evidences for Peole

•  Information’ s complexity is rising everyday and people’ s way of choosing whether to buy a product or to follow a company are strongly influenced by this rapidity.

•  People want to compare immediately a product price, whether the product is deliver by their door in 24 or 72 ours.

•  Traditional media are relegated in a brand awarness building position because people are passive towards them and cannot immediately ACT - CONVERSE-CONVERT.

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Key evidences for Brands

•  A company media investment, in the post 2008 scenario, are strongly ROI oriented.

•  Social Media are measurable and predictable, a company which invests 1.000 can exactly know how much will they earn in terms of earned-owned media and most of all in terms of conversion and sales

•  Investing in traditional media is higly expensive and has a no longer a strong impact on prosumers.

•  Prosumers want to be involved in the process and decision of buying a product and on social media they are able to do it everyday.

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Mario Corallo Social Media Manager Head of Social Media Business Unit DMC S.r.l. Gruppo FullSIX - www.fullsix.it http://www.facebook.com/FullSIX.it

Study based on Kuhcoon Infographic http://www.kuhcoon.com/

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