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	<title>Stylo Creative Communications &#187; engaging your audience</title>
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		<title>Thoughts on Facebook’s 5th Birthday</title>
		<link>http://stylocreative.com/2009/02/13/thoughts-on-facebook%e2%80%99s-5th-birthday/</link>
		<comments>http://stylocreative.com/2009/02/13/thoughts-on-facebook%e2%80%99s-5th-birthday/#comments</comments>
		<pubDate>Fri, 13 Feb 2009 22:40:38 +0000</pubDate>
		<dc:creator>Marco Bouwer</dc:creator>
				<category><![CDATA[What's New]]></category>
		<category><![CDATA[networking]]></category>
		<category><![CDATA[social media]]></category>
		<category><![CDATA[brand management]]></category>
		<category><![CDATA[corporate socializing]]></category>
		<category><![CDATA[engaging your audience]]></category>
		<category><![CDATA[facebook]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[MySpace]]></category>
		<category><![CDATA[social utility]]></category>

		<guid isPermaLink="false">http://www.stylocreative.com/?p=442</guid>
		<description><![CDATA[Just after lunchtime on January 8th, CEO Zuckerberg announced on the company's blog the near unthinkable - the website had just added its 150 millionth member.  "If FB were a country, it would be the eight most populated in the world, just ahead of Japan, Russia, and Nigeria." he wrote.  Incredible.  In August 2008 the site's 100 millionth user signed up (Facebook blog).  Amazing.  This means that since then approximately 374, 000 people have signed up... every day!]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-460" href="http://www.stylocreative.com/2009/02/13/thoughts-on-facebook%e2%80%99s-5th-birthday/facebook-logo2/"><img class="alignleft size-thumbnail wp-image-460" src="http://www.stylocreative.com/wp-content/uploads/2009/02/facebook-logo2-150x62.jpg" alt="facebook-logo2" width="150" height="62" /></a>On Wednesday, February 4, 2009, Facebook (FB) celebrated its 5th birthday.  Who could have guessed that this company, founded in a Harvard dorm room in 2004 by Mark Zuckerberg, a then 20-year old undergrad, would grow so fast to become the social networking and Internet phenomena that it is today?  Although not the first social media networking site of the twenty first century, FB is indeed changing the way marketing and advertising is strategized, just like social networking is revolutionizing the printed news media (See <a href="http://tinyurl.com/cvovvj">http://tinyurl.com/cvovvj</a>).<br />
 <br />
Just after lunchtime on January 8th, CEO Zuckerberg announced on the company&#8217;s blog the near unthinkable &#8211; the website had just added its 150 millionth member.  &#8220;<em>If FB were a country, it would be the eight most populated in the world, just ahead of Japan, Russia, and Nigeria.</em>&#8221; he wrote.  Incredible.  In August 2008 the site&#8217;s 100 millionth user signed up (<a href="http://tinyurl.com/6x6eyj">Facebook blog</a>).  This means that since then approximately 374, 000 people have signed up&#8230; every day!  According to ReadWriteWeb.com Myspace took 3 years to reach it&#8217;s 100 million members, while it took FB 4yrs and 6 months to accomplish the same milestone.  However, where MySpace&#8217;s numbers are declining (<strong><a href="http://tinyurl.com/5kare7">Mashable</a></strong><strong>)</strong>, FB is fast gaining ground.<br />
 <br />
This exponential growth shows that social utility sites such as FB works better as more people become members.  The more members, the more value added.  This is the classic <a href="http://en.wikipedia.org/wiki/Network_effect">Network Effect</a>.  Some sources estimate that more than half of all FB users sign in every day.  According to FB more than 3 billion minutes are spent on the site each day!  A statistic to make your manager cringe!  (The Network Effect again &#8211; you go there &#8217;cause all your friends and family are there already.)</p>
<p>It&#8217;s a marketer and advertiser&#8217;s dream &#8211; a captive, easily reachable audience meeting in a central location.  Not only that, but FB&#8217;s search options enable you to zoom in on extremely specific target audiences, or FB groups.  In addition, what makes social media &#8211; and FB in particular &#8211; so unique, is the &#8220;place&#8221; - or psychological mindset of your audience &#8211; where you meet them at.  &#8220;<em>FB is a social utility that helps people communicate more efficiently with their friends, family, and coworkers</em>&#8230;&#8221;, states the official FB Company Factsheet.  Visiting FB is like relaxing on the couch and watching a TV sitcom after a day of grind at the office.  Your mindset is different.  You are ready to meet people.  You&#8217;re relaxed and more accepting of outside influences and suggestions.<br />
 <br />
From a business perspective FB presents a definite paradigm shift with regards to marketing and brand management.  FB is a platform that facilitates the sharing of information through social interaction, in a trusted environment.  It is certainly not an advertising and marketing platform.  It is also not a tool for listening to and tracking consumers of your brand.  It goes beyond that, it is about engaging your audience and becoming one voice in a thousand.  It&#8217;s about putting the &#8220;social&#8221; in front of &#8220;marketing&#8221;.<br />
Apart from some remarkable responsive corporations like <strong><a href="http://tinyurl.com/d2vvqd">Coca-Cola</a></strong> and BMW, the corporate world is too slowly waking up to FB&#8217;s possibilities.  Everyone wants a part of it, and no-one wants the competition to have the first say in the global discussion forum that is FB.<br />
 <br />
But fools are rushing in.  Many companies, large and small, are setting up their business presence on FB, instead of tasking expert communicators with the job.  The wrong message could cost you, and public opinion (read FB-opinion) is a fickle thing.  Let the experts take care of your online corporate socializing.  You&#8217;ll thank them.<br />
 <br />
Contact SCC for a free consultation.</p>
<p>By <a href="http://http://www.stylocreative.com/about/" target="_blank">Marco Bouwer</a></p>
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