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Social Media Revenue Growth Model 1/3

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    @MisTribus - Revenue Growth Model

    Social Media

    Revenue GrowthModelKevin Shockey

    Founder, Mis Tribus Corp#revgrow

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    1 man walking

    BS in Computer Science 85; MS inInformation Science 89 (+25 yrs)

    Founder: SNAP, Dnde Es.com, Mis

    Tribus Author:

    Dondequiera

    Guagua Pblica

    OReilly Radar Editor in Chief of Tux Magazine

    Speaker: OSCON, LinuxWorld, SD

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    DonDees.com

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    DonDees.com

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    Dondequiera

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    Take-aways

    Revenue growth is built onfoundation of:

    A viable business model

    Ability to iterate products tocustomer

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    Take-aways

    Social Media requires:

    Integration in marketing strategy

    Computer Science (Math)

    Constant engagement

    Metrics

    Alerts

    A maximum strategy Tools

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    How much is an Octillion?

    How many Internet users arethere?

    By 2015 there will be 3 Billion

    How many websites are there?

    Around 100 Million

    How devices are connected to theInternet?

    By 2015 there will be 1 Trillion

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    How much is an Octillion?

    300,000,000,

    10,000,000,000,

    1,000,000,000

    27 Zeros

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    How much is Infinity?

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    Human Limits

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    Human Limits

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    Human Limits

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    Human Limits

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    Confessions of aComputer Scientist

    We have failed miserably Reliability

    Ease of Use

    Simplicity

    Automation is the only tool tohandle an Octillion

    Besides sales IT is by far the most important

    department

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    Just Do it!

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    Not A Popularity Contest

    Blind pursuit of likes, friends,connections, or followers

    Have to answer the criticalquestion: Now what?

    Not a silver bullet

    Must have a viable business model

    Cant implement and forget

    Deliver value

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    The BiggestSocial Graph Wins

    All major networks:

    FB, LI, Twitter, & YouTube

    All the large networks:

    Flickr, Tumblr, Hi5, & MySpace

    All the small networks:

    About.Me, Paper.li, PhotoBucket &chat.pr

    Metcalfes Law

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    Metcalfes Law

    Metcalfe's law states that

    the value of a

    [telecommunications

    network] is proportional

    to the square of the

    number of connected users

    of the system (n2).

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    Metcalfes Law

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    Metcalfes Law for Social

    NetworksMetcalfe has proposed the

    value of a [social

    network] is proportional

    to the logarithm of the

    number of connected

    nodes.

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    Metcalfes Law for Social

    Networks

    linear

    exponential

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    Now What?

    Markets are conversations

    Marketing is NOT a conversation

    Marketing is JOINING the

    conversation

    Marketing creates value forrecipient

    Social Media Optimization

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    Max Strategy

    > 300,000,000,000,000,000 PointsOf Contact (POC)

    Multi-dimensional

    Keyword driven

    +10 video sites

    +10 image sites

    +10 social networks

    +10 blogging/micro blogging

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    Social Media Funnel

    Every POC leads back to yourlanding page

    Need tools to manage:

    Duplication

    Consistency

    Attention to detail

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    Call to Action

    got permission?

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    Ask for the Sale

    Use your permission to:

    Ask for more permission

    Give value with their keywords

    Download content 4 free

    Point out related content

    Suggest related material in anotherbusiness area

    Ask 4 the sale 80/20 Rule

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    Social MediaMarketing Review

    Just do it! Join the conversation!

    Maximize your POC

    Funnel everything to your landingpage

    Ask for permission

    Ask for the sale

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