Stat of the Week & In the News Compilation September/October 2012

September 24, 2012: “In the News” – [LINK]

Free Ride for Facebook “Offers” Comes To An End

If you’ve been using Facebook’s “Offers” feature with your business page, the free ride is over. According to the Wall Street Journal, Facebook began charging businesses last week to run new offers. The “Offers” pricing structure is similar to the “Promoted Post” feature, it will vary based on how many “Likes” you have and how much exposure you want, with a $5 minimum charge for smaller business pages. This move is certainly in line with Facebook’s need to further monetize its services to appease stockholders. While “Offers” may now cost money, the “Deals” feature is still free for businesses to use… for now.

September 27, 2012: “Stat of the Week” – [LINK]

5 million

Apple set new sales records last week, with the much-anticipated release of the iPhone 5. The company sold 5 million phones in just 3 days with 2 million phones sold within the first 24 hours, according to many sources including the International Business Times. Pre-orders for the first batch of iPhone 5s sold out inhours from Apple and all other vendors, the day pre-orders began–and that was just in the U.S. Today, the iPhone 5 launches in 22 countries with inventory already in short supply. Clearly, mobileusers–and smartphone owners in particular– have arrived in force. They are using their phones to read and write customer reviews, search for stores and inventory, and become more connected than ever on a more sophisticated

October 1, 2012: “In the News” – [LINK]

State of California to Employers & Schools, “Quit Snooping”!
California Ruling Bans Employers and Schools from Demanding Social Media Passwords

Last week, California became the third state to pass laws that restrict employers and post-secondary schools from requiring access to social media accounts. California joins Maryland and Delaware in recognizing that social media accounts are private by nature and that forcing an employee or student to grant access is an invasion of that privacy. As quoted in an article from Bloomberg, California Governor, Jerry Brown, says that California is “pioneering the social media revolution and these laws will protect all Californians from unwarranted invasions of their personal social media accounts.” This is a trend that will likely continue to expand as social media awareness and use increases.

October 12, 2012: “Stat of the Week” – [LINK]

48%

According to this article in the Atlantic, “Facebook alone refers more than 48% of small business web traffic.” If you include Twitter, which is responsible for 4% of web traffic, these two social media sites account for over ½ of all small business web traffic. It is becoming more important for small businesses to have and cultivate Facebook and Twitter presences. Just like traditional advertising, you want to be visible where your customers are but, unlike a billboard or newspaper ad, with social media you have the opportunity to engage and communicate not only with your customers but with potential customers as well. With almost 1 in 7 people in the world owning Facebook accounts, learning how to properly use it and other social networks to market your business is no longer optional.

October 29, 2012 – “In the News” [LINK]

In the News: Government & Business Embrace Social Media for Hurricane Sandy Notices

As Hurricane Sandy bears down on the East Coast today, evidence that social media as a common news source and method of instant communication is becoming more prevalent. According to Computerworld, everyone from private individuals, airlines, and Federal, State and local governments and emergency services are turning to social media to relay information. Google has setup an interactive hurricane map, Facebook itself set up a Hurricane Sandy community page, FEMA is using social media to update citizens, airlines are using it to update people on flights with over 10,000 flights cancelled today across the country and the American Red Cross has integrated social media into its “Hurricane” app which allows people to “update friends and family by simultaneously sending out messages on Facebook, Twitter, via text, and e-mail.” The hashtag #Sandy is the top trending topic in all areas affected by the storm. These actions validate that social media has evolved significantly from simply a way to let your friends know what movie you’re watching to a legitimate means of delivering news and information instantaneously to a lot of people all at once in a centralized location.

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