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THE POWER of
     REAL-TIME SOCIAL MEDIA




Importance of research to advance society
       and solve today’s problems
             beverlymacy@gmail.com
                  @beverlymacy
Thank You for Inviting Me to #VCU!

               • Empower Yourself

               • Lead the Way

               • Change the World



                                     2
The Way We Communicate Has
      Changed Forever
Consider the Following…

      One Tweet – a message with no more
      than 140 characters – turns into $33
      million-plus in Haitian disaster relief

      A Town Hall meeting on transportation
      systems in Orange County, California is
      viewed in real-time
      -Russia
      -Western Europe
      -Asia

      Former struggling competitors are
      thriving by sharing customers

                                                4
Why Now?


       Free
    Technology


    Communications
Digital Shift Global
Natives      Recession




                         5
Digital Natives
•DIGITAL NATIVES, Generation Y, Generation Net
    Global “YOUTH BULGE”

•Males /Females under 35 years of age
•In U.S. 90 million - outnumber Baby Boomers 70 million




    Beck, John C., Wade, Mitchell. “Got Game: How the Gamer Generation is Reshaping Business Forever.” Boston, Harvard Business School Press, 2004. 1-2.




                                                                                                                                                           6
What is Real-Time?




The Now Lens
                     7
Social Media is Everywhere
•   Corporate Communications
•   Media + Public Relations
•   Sales, Marketing, Customer Service
•   Journalism, Healthcare, Retail, Automotive
•   Government, Entertainment, Education
•   Hospitality, Restaurants
•   Emergency Management
•   Philanthropy



                                                 8
Social Media’s Global Reach




                              9
Communication Has Changed Forever
        The Voice of the Individual aggregates into a



                                           Global Voice
                                           Truth
                                           Authenticity
                                           Transparency
                                           Adding Value


Wael Ghanim, Google Marketing Executive



                                                          10
Fortune 100 Global Corporations

• The number of companies
  being talked about on Twitter
  increased by 90%
  over the last year




•   Resource: Burson-Marsteller Global Social Media 2011 Check up




                                                                    11
Social business +
social technology =

Social Change

                      12
What This Means to YOU
• Research is being reinvented
  •   Identification of Knowledge
  •   Creation of Knowledge
  •   Quality Assurance of Knowledge
  •   Dissemination of Knowledge
  • BE A LEADER
  •   http://tinyurl.com/4huokol



                                       13
The Research Cycle



      Locating High
         Quality
      Collaboration
      Dissemination




                      14
Local application of global knowledge pool




                                         15
Social Media and Research
•    "A new survey shows that social
    scientists, humanists, and biologists
    are increasingly using Facebook and
    Twitter to share research."

•   The report states, "Researchers are
    using social media tools to support
    every phase of the research lifecycle:
    from identifying research
    opportunities to disseminating
    findings at the end. They may not be
    the same tools, and they are certainly
    not the same researchers, but social
    media are most definitely making an
    impact on scholarly workflow.“


                  http://www.ucl.ac.uk/infostudies/research/ciber/social-media-report.pdf


                                                                                            16
Research in Real-Time
• New availability of
  data
• Ethical
  considerations –
  promoting truth
  and avoiding error
• Social Responsibility
• Balancing
  confidentiality and
  openness
• Integrity


                                      17
Twitter Predicts Box-Office Sales

• Researchers at HP Labs discover
  Twitter can predict Box Office
  sales
• 2.9 million tweets from 1.2
  million users over three months
• Used two performance metrics:
      • Buzz
      • Likeability

• The model was 97.3% accurate
  in predicting opening weekend
  box office
•   http://www.fastcompany.com/1604125/twitter-predicts-box-office-sales-better-than-
    anything-else


                                                                                        18
Using Twitter & Facebook Search
•   Filter news - "banking news" ,        •   CI Experts:
    “pharma news”                              • Tara Calishain @research buzz
•   Scanning Trends                            • Acute Intelligence @aquteintel
    http://twitter.com/Competia/trend-         • The Association of Independant
    spotting/members                               Information Professionals @AIIP
•   Follow a company or brand                  • Freepint @freepint
•   Build a network of spotters                • Compete @compete
     • Who you follow, who do they             • Ian Smith @citweetz
         follow
•   Get answers, ask questions
     • Build trust, be curious, be
         specific
•   Facebook Groups
•   Listen for complaints in unofficial
    groups
•   Industry news and opinions
•   Current and former employees of
    competitors
                                                                                     19
NEW STUDY on Search and Social




http://groupmsearch.com/research




                                      20
Social Media For Social Good
•
Welcome to My NOW Lens




http://www.youtube.com/watch?v=kC3NZR7CsA8&feature=related
Why Should We Care?
IF NOT FOR YOURSELF, THEN FOR YOUR EMPLOYEES, CLIENTS
& CUSTOMERS

•100,000 people a day are joining a community somewhere
around the world

•Clients and consumers are relying on each other for buying
decisions
    “Reviews are the New Advertising”
    “Conversation is Currency”

•Be aware of how to harness these platforms for your own
professional and personal branding

•How to educate yourself about the impact and use of
                                                              23
social media to stay relevant
National Labor Relations Board




http://bit.ly/bM4IsR



                                   24
The Power of Real-Time Social
               Media Marketing

•   View today through the NOW LENS
•   Strategies
•   Learn to Manage the Conversation
•   “Conversation is Currency”
•   Harness the Power of the Crowd
•   Nurture your Share of Voice
•   Execute Locally.
•   Think Globally.



                                         25
GO CHANGE THE WORLD!




THANK YOU.
beverlymacy@gmail.com
@beverlymacy




                                           26
                                      26

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The power of real time social media 4-2011 vc uv3

  • 1. THE POWER of REAL-TIME SOCIAL MEDIA Importance of research to advance society and solve today’s problems beverlymacy@gmail.com @beverlymacy
  • 2. Thank You for Inviting Me to #VCU! • Empower Yourself • Lead the Way • Change the World 2
  • 3. The Way We Communicate Has Changed Forever
  • 4. Consider the Following… One Tweet – a message with no more than 140 characters – turns into $33 million-plus in Haitian disaster relief A Town Hall meeting on transportation systems in Orange County, California is viewed in real-time -Russia -Western Europe -Asia Former struggling competitors are thriving by sharing customers 4
  • 5. Why Now? Free Technology Communications Digital Shift Global Natives Recession 5
  • 6. Digital Natives •DIGITAL NATIVES, Generation Y, Generation Net Global “YOUTH BULGE” •Males /Females under 35 years of age •In U.S. 90 million - outnumber Baby Boomers 70 million Beck, John C., Wade, Mitchell. “Got Game: How the Gamer Generation is Reshaping Business Forever.” Boston, Harvard Business School Press, 2004. 1-2. 6
  • 8. Social Media is Everywhere • Corporate Communications • Media + Public Relations • Sales, Marketing, Customer Service • Journalism, Healthcare, Retail, Automotive • Government, Entertainment, Education • Hospitality, Restaurants • Emergency Management • Philanthropy 8
  • 10. Communication Has Changed Forever The Voice of the Individual aggregates into a Global Voice Truth Authenticity Transparency Adding Value Wael Ghanim, Google Marketing Executive 10
  • 11. Fortune 100 Global Corporations • The number of companies being talked about on Twitter increased by 90% over the last year • Resource: Burson-Marsteller Global Social Media 2011 Check up 11
  • 12. Social business + social technology = Social Change 12
  • 13. What This Means to YOU • Research is being reinvented • Identification of Knowledge • Creation of Knowledge • Quality Assurance of Knowledge • Dissemination of Knowledge • BE A LEADER • http://tinyurl.com/4huokol 13
  • 14. The Research Cycle Locating High Quality Collaboration Dissemination 14
  • 15. Local application of global knowledge pool 15
  • 16. Social Media and Research • "A new survey shows that social scientists, humanists, and biologists are increasingly using Facebook and Twitter to share research." • The report states, "Researchers are using social media tools to support every phase of the research lifecycle: from identifying research opportunities to disseminating findings at the end. They may not be the same tools, and they are certainly not the same researchers, but social media are most definitely making an impact on scholarly workflow.“ http://www.ucl.ac.uk/infostudies/research/ciber/social-media-report.pdf 16
  • 17. Research in Real-Time • New availability of data • Ethical considerations – promoting truth and avoiding error • Social Responsibility • Balancing confidentiality and openness • Integrity 17
  • 18. Twitter Predicts Box-Office Sales • Researchers at HP Labs discover Twitter can predict Box Office sales • 2.9 million tweets from 1.2 million users over three months • Used two performance metrics: • Buzz • Likeability • The model was 97.3% accurate in predicting opening weekend box office • http://www.fastcompany.com/1604125/twitter-predicts-box-office-sales-better-than- anything-else 18
  • 19. Using Twitter & Facebook Search • Filter news - "banking news" , • CI Experts: “pharma news” • Tara Calishain @research buzz • Scanning Trends • Acute Intelligence @aquteintel http://twitter.com/Competia/trend- • The Association of Independant spotting/members Information Professionals @AIIP • Follow a company or brand • Freepint @freepint • Build a network of spotters • Compete @compete • Who you follow, who do they • Ian Smith @citweetz follow • Get answers, ask questions • Build trust, be curious, be specific • Facebook Groups • Listen for complaints in unofficial groups • Industry news and opinions • Current and former employees of competitors 19
  • 20. NEW STUDY on Search and Social http://groupmsearch.com/research 20
  • 21. Social Media For Social Good •
  • 22. Welcome to My NOW Lens http://www.youtube.com/watch?v=kC3NZR7CsA8&feature=related
  • 23. Why Should We Care? IF NOT FOR YOURSELF, THEN FOR YOUR EMPLOYEES, CLIENTS & CUSTOMERS •100,000 people a day are joining a community somewhere around the world •Clients and consumers are relying on each other for buying decisions “Reviews are the New Advertising” “Conversation is Currency” •Be aware of how to harness these platforms for your own professional and personal branding •How to educate yourself about the impact and use of 23 social media to stay relevant
  • 24. National Labor Relations Board http://bit.ly/bM4IsR 24
  • 25. The Power of Real-Time Social Media Marketing • View today through the NOW LENS • Strategies • Learn to Manage the Conversation • “Conversation is Currency” • Harness the Power of the Crowd • Nurture your Share of Voice • Execute Locally. • Think Globally. 25
  • 26. GO CHANGE THE WORLD! THANK YOU. beverlymacy@gmail.com @beverlymacy 26 26