Perhaps you’re still wondering if your company or organization should be getting involved in new media. Have you started participating yourself (Facebook, LinkedIn, Blog, YouTube) to become personally familiar with it? It’s kind of hard to evaluate a medium you’re not familiar with.
I just saw some interesting new data on how Inc. 500 companies are making use of social media. Here’s a chart comparing their use in 2007 (green) with 2008 (blue). You can click on the image to see a bigger version of it.
Research Highlights:
* Four out of five companies in the Inc 500 rate social media technology as important or very important;
* 21% of the companies are podcasting and 39% blogging;
* The number of companies blogging and podcasting has doubled in the last year;
* The Inc. 500 are adopting new media technologies much quicker than Fortune 500 companies.
The research suggests that companies that are using social media & new media technologies are growing faster than other companies.
The research was done by the University of Massachusetts Dartmouth Center for Marketing Research. You can download the study, which I recommend.
Via Podcasting News.
The blogosphere continues to grow and amaze people in marketing. I remember when I first talked about it and some of my friends thought I was crazy to think that anyone would really read blogs, much less consider them as “tools” of communications. Times have changed.
My favorite place to keep up with what’s going on in my new media world is eMarketer. They’ve got a new report out, “The Blogosphere: A Mass Movement From Grass Roots,” which has some interesting information. Here’s a couple of excerpts:
More importantly, by 2012, more than 145 million people—67% of the US Internet population—will be reading blogs at least once a month. That is up from a readership of 94 million in 2007, or 50% of Internet users.
“A big factor driving the increases is the niche orientation of the blogosphere,” says Mr. Verna.
Like podcasts, blogs tend to appeal to specific audiences. Accordingly, much of the demographic targeting that marketers work so hard to achieve in the mainstream media is already done for them.
“Furthermore,” adds Mr. Verna, “the rates at which blog readers notice and click on ads suggest that they are a well-primed audience.”
Where are you placing your advertising these days? Same old, Same old or . . . . . .
I haven’t been doing much updating here lately due to the extensive amount of online event coverage projects we’re involved in. In just the last couple weeks that has included the National Agri-Marketing Association Convention, Alltech International Animal Health & Nutrition Symposium and National Association of Farm Broadcasting’s Washington Watch program. During that time I was posting on multiple blogs daily and we started a new concept called Agwired Mobile and AgWired Live TV (using Ustream.tv). Additionally, we’re really incorporating Twitter into the AgWired community and you’ll find my most recent Tweets at the top of the AgWired site.
It’s just a continuing development of the community we’ve developed and our way to be in the online conversation. If you’d like to get a perspective on what that means then you should check out this post on “From the X Degree.” via Teaching Online Journalism
You might want to say that we’re just “early adopters” and that somehow this means that since not everyone in America is doing this or consuming this then perhaps it’s not something your company or news organization should be doing. Tempting if you’re afraid of the future I guess. However, it is the future of journalism and how people will and are consuming news.