VSCPA Richmond Chapter: Social Media Presentation

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The Power of Social Media November 24, 2009 > Tina Lambert, CAE | VSCPA Vice President of Member & Public Relations

description

Presentation given to the Richmond Chapter of the Virginia Society of Certified Public Accounts on the power of using social media.

Transcript of VSCPA Richmond Chapter: Social Media Presentation

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The Power of Social MediaNovember 24, 2009

> Tina Lambert, CAE | VSCPA Vice President of Member & Public Relations

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What the heck is Web 2.0 & social media?

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BlackPlanet.com, Flickr.com, Reunion.com, aSmallWorld, Bebo, Blue Dot, Bolt, Broadcaster.com, Buzznet,

CarDomain, Consumating, Couchsurfing, Cyworld, Dandelife, DeadJournal, DontStayIn, Doostang,

Ecademy, eSPIN, Facebook, Faceparty, Flickr, Flirtomatic, Fotki, Friends Reunited, Gaia Online,

Geni.com, GoPets, Graduates.com, Grono.net, Hyves, imeem, Google, Infield Parking, IRC-Galleria, iWiW,

Joga, Bonito, Last.fm, LibraryThing, LinkedIn, LiveJournal, LunarStorm, MEETin, MiGente.com, Mixi, MOG, Multiply,

My Opera Community, myYearbook, Netlog, Nexopia, OUTeverywhere, Passado, Piczo, Playahead, ProfileHeaven,

Pownce, RateItAll, Reunion.com, Searchles, Sconex, Shelfari,Soundpedia, Sportsvite, Studivz, TagWorld,

TakingITGlobal, The Doll Palace, The Student Center, Threadless, TravBuddy.com, Travellerspoint, Tribe.net, Vampire Freaks,

Vox, WAYN, WebBiographies, Windows Live Spaces, Woophy, XING

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The Social Media Landscape

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SOCIAL MEDIAIS AN UMBRELLA TERM…

THAT DEFINES THE VARIOUS ACTIVITIES THAT INTEGRATE TECHNOLOGY, SOCIAL INTERACTIONAND THE CONSTRUCTION OF WORDS, PICTURES,

VIDEOS AND AUDIO.

http://www.wikipedia.org

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It’s also a fancy way to describe PEOPLEhaving CONVERSATIONS online.

Photo by Kris Hoet

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• Blogs

• RSS

• Widgets

• Online Chat & Listservers

• Wikis

• Social Networks

The CONVERSATIONS are powered by…

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• Social Bookmarks

• Podcasts & Videocasts

• Video Sharing Sites

• Photo Sharing Sites

• Virtual Worlds

The CONVERSATIONS are powered by…

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Why should I care aboutWeb 2.0 & social media?

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Is Social Media a Fad? Socialnomics.net

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Reason #1SOCIAL NETWORKING SITES ARE THE MOST POPULAR SITESNEXT TO GOOGLE AND YAHOO — AHEAD OF PERSONAL E-MAIL.

Nielsen, Global Faces & Networked Places, 2009

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Reason #2SOCIAL MEDIA HAS BECOME A FUNDAMENTAL PART OF GLOBAL BUSINESS AND WILL CONTINUE TO ALTER THE CONSUMER EXPERIENCE.

John Burbank, CEO of Nielson Online, 2009

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Reason #3TIME SPENT ON SOCIAL NETWORKS IS EXPLODING –3X FASTER THAN OVERALL INTERNET RATE.

Nielson, Global Faces & Network Places, 2009

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Reason #4THE IRS USES SOCIAL MEDIA. IF THEY CAN DO IT, CAN’T YOU?

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IT’S NOT A FAD. IT’S A FUNDAMENTAL SHIFT IN THE WAY WE COMMUNICATE.

The old communication model was aMONOLOGUE.A >>> B

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The new communication model is a DIALOGUE. A<<<>>>B

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MEET YOUR FUTURE EMPLOYEES, PARTNERS, CFOs, CEOs…

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What are some of the advantagesof Web 2.0 & social media?

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• Transparent/open• Inclusive• Authentic• Vibrant• Consumer-driven

Old way… New way…

• Controlled• Organized• Exclusive • One sided• Product-driven

Only 14% of people trustADVERTISEMENTS.A >>> B

78% of people trust RECOMMENDATIONSof other consumers.A<<< >>> B

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• Cheaper • Stickier • Viral • Interactive• Visible• Global• Changes quickly• Connects

Some more ADVANTAGES…

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FOUR WAYS SOCIAL MEDIA CAN HELP YOU TODAY

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GROWYOUR BRAIN

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FINDYOUR CALLING

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BUILDYOUR NEST

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MAKESOME DOUGH

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How do I get on theWeb 2.0 & social media highway?

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A. Listen

>Immerse yourself in conversations

>Visit social sites to observe

>Ask your coworkers, kids who…

>Remember, it’s a dialogue, not amonologue

>Set up a profile

>Friend 25 people you know

>Begin to converse

B. Participate

C. Getting Started

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D. Traffic Signs

>Privacy: Customize what the public and your 'Friend' lists can see about you (professional v. personal)

• Create ‘Friend’ groups

• Edit privacy settings

>Etiquette: Once you’re riding the social media highway, remember to obey common Internet traffic rules of thumb.

>Policy: Obey or set company guidelines for participation.

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E. Test Drive

• 7 million users > 1,382% increase in one year > largest age group is 35-49

• It’s simple> Communicate short (140-

character) bursts of information to the people that subscribe to your updates

> These updates are known as “tweets.”

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Twitter 101: Commoncraft.com

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How do I get started? 1. SET UP AN ACCOUNT

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How do I get started? 2. ENTER PROFILE INFO

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How do I get started? 3. FIND OR FOLLOW FRIENDS& GROUPS

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Tweetdeck

> Runs on your desktop

> Multiple accounts

> Friend & search columns

> Facebook & Myspace

> iPhone app

How do I get started? 4. SELECT TOOL TO POST & READ TWEETS

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How do I get started? 4. SELECT TOOL TO POST & READ TWEETS

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FOLLOWING

@usernameDM (Direct Message)

RT (Retweet)

#HASHTAG

TweetUpShortened URL

How do I get started? 5. LEARN THE TWITTERVERSE

TWEET

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How is the VSCPA involvedin Web 2.0 & social media?

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• RSS • Podcasts • Blog (CPACafe.com)• Microblog (Twitter.com/VSCPANews)• Photo sharing (Flickr.com)• Video, Videocasts (YouTube, Coming Soon!)• Social networking (LinkedIn, Facebook groups• Online communities targeted to different

practice areas, including e-mail listserves• Visit “Social Media” section

of www.vscpa.com

New MULTIMEDIA & ONLINE OFFERINGSto enhance membership

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OTHER social media for CPAs

• Wiki: www.wikicpa.com

• Blogs: www.cpacafe.com > www.cpablogger.com > www.cpasuccess.com > http://bigfouralumni.blogspot.com

• Videos & Media:www.financialfitness.com > www.aicpa.org/Media+Center >www.feedthepig.com

• Learning: www.cpalearning2.com

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RESOURCES on social media

Blogs

www.TypePad.com

www.WordPress.com

www.BlogLines.com

Microblogging/Tracking

Twitter: www.Twitter.com

TweetDeck: www.TweetDeck.com

TwitterBerry: www.orangatame.com/products/twitterberry

HootSuite: www.HootSuite.com

Tweetie: www.atebits.com/tweetie-iphone

Hashtag: http://hashtag.org

Google Alerts: www.google.com/alerts

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RESOURCES on social media

Social networksFacebook: www.Facebook.comLinkedIn: www.LinkedIn.comPlaxo: www.Plaxo.comHubStreet: www.HubStreet.com (a new one for CPAs and lawyers)

Multimedia sharing sitesYouTube: www.YouTube.com (videos)Flickr: www.Flickr.com (photos)Picasa: Picasa.Google.com (photos)SlideShare: www.Slideshare.com (slidedecks)

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RESOURCES on social media

PodcastingiTunes: www.apple.com/itunes(for finding and listening to podcasts)Audacity: audacity.sourceforge.net(for recording / editing podcasts)

WikisPB Wiki: www.PBWiki.comWikiSpaces: www.WikiSpaces.com

Virtual worldsSecond Life: www.SecondLife.com

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CONNECT with me/us

Tina Lambert, CAE

VSCPA Vice President, Member & Public Relations

• Phone: (804) 612-9416

• E-mail: [email protected]

• Web: www.vscpa.com

• LinkedIn: www.linkedin.com/in/tinalambertwww.linkedin.com / search for “Virginia Society of CPAs”

• Facebook: www.facebook.com/TinaLambert1www.facebook.com / search for “Virginia Society of CPAs”

• Twitter: www.twitter.com/TinaLambertwww.twitter.com/VSCPANews

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THANK YOUvery, very much!