Read the Business Week article, Social Media Will Change Your Business.
Social media has many definitions, and generates much philosophical (including ethical), psychological, sociological and technological discussion of late. Interestingly, much of the discussion about Social Media happens via various Social Media.
To be very simple, Social Media are technology-based systems intended to enable and enhance various forms of interaction between and among people. The most well known forms of Social Media usage are:
- Internet forums
- podcasts
- blogs (short for the the contraction of web log...a blog author/owner or 'blogger' posts content and readers can post replies and/or comments)
- wikis (wikis, from the Hawaiian word meaning "fast", are like blogs where anyone with permission can originate a post and/or comment on other people's posted content)
- picture sharing
- video sharing
- music sharing
- IM (Instant messaging)
- Telephony over the Internet
Popular Social Media Applications:
All of these perform one or, more commonly, a combination of several of the activities listed above. Keep in mind that the list that follows is merely a small sub-set of an ever-growing universe of Social Media.
- TypePad (blogging, with many other social media options)
- Google Groups (reference, social networking)
- Wikipedia (collaborative reference)
- MySpace (social networking)
- Facebook (social networking for students...explicitly not for grownups!)
- YouTube (social networking and video sharing, with many blog-like features, such as posting comments, etc.)
- Flickr (photo sharing)
- Microsoft IM (Instant Messaging)
- Twitter (social networking with blogging features)
- Skype (telephony and real-time video, with social networking aspects)
- Mybloglog (social networking aggregation of other social networks)
- Technorati (aggregation and indexing of postings on blogs)
- Weblogs.com (aggregation and indexing of other blogs)
- Plaxo (social networking and aggregation)
- LinkedIn (social networking)
- The list goes on and on...
The discussion of Social Media could be a very long one; however, several points are essential for any company considering strategic use of social media for business purposes.
- Not all social media are appropriate for business use. In fact, many social media systems explicitly prohibit commercial use.
- Some systems, notably Facebook, is only for social networking among youth.
- There are two social media types that have been proven to increase the volume of traffic to commercial websites. They are:
- Blogs in combination with the essential aggregation services.
- YouTube
- Depending on the nature of a business's products, MySpace and be an effectively tool,
especially if the target segment is young (as in 20-something) and the product is music-oriented or certain crafts.
- I mentioned MySpace, as one of my clients is a world-famous violinist/fiddler (Darol Anger). Darol has created a MySpace page and he swears that it has driven much traffic to his "real" website, www.DarolAnger.com.
- Most MySpace pages are extremely amateurish (Darol's is an exception)...that is more or less the appeal of it to many people. As an example, one of the part-time employees of one of my businesses has a MySpace page that would make a professional designer cringe. That being said, his MySpace page does what he wants it to do--make him a recognizable "rebel" personality at large music festivals where he sells his glass products (note: he is an emerging glass artist)