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Beth Murphy, Digg June 9th
The emergence of social media is transforming how people consume news, opening up new ways to discover content
Traditional PR models becoming less effective
Massive shift in consumption of news
and Gen Y increasingly shun traditional print and broadcast, relying on online news
For the first time, more people (35%) say they rely mostly on the Internet for news than cite newspapers (Pew Research survey)
Share of 18-24 year olds who didn’t seek news the previous day has risen from 25% to 34% in the last 10 years (Pew Research survey)
Only 7% of Digg users agree with statement “I can be adequately informed by watching news on TV” (Magid 08 Study)
New rules of Communications
Old model focused on landing stories in leading publications doesn't yield same results
Our favorite print media brands and magazines will shrink or disappear
Audiences will shift and fragment
Fewer, overworked reporters: 50% of journalists are considering a new career (PRWeek/PR Newswire Media Survey 2009)
Online increasingly more powerful
Silicon Valley as "media valley" Growing sources of brand-agnostic destinations: Digg, Yahoo!, Google
Source: Compete April 09 0
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
35,000,000
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Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09
Digg
Y! News
CNN
USA Today
NYT
Google News
WSJ
Monthly Unique Visitors
Democratization of online sources
News is consumed in small bites 24/7, often breaking news
Tip #1: Online is even more important than you think
Prioritize key influencer/blogger relationships
Tip #1: Online is even more important than you think
Slow death of the press release and rise of multiple channels
Digg outreach ….
Press Releases 4 Town-Halls 6 Live meet-ups & events 10 Videos 35 Blog posts 100s Tweets, Facebook, other 1000s Digg staff in comments 5,000+
Tip #1: Online is even more important than you think
Online destinations and forums to influence conversation
Tip #2: Supersize your social media channels
Tip #2:Supersize your social media channels
Tip #2:Supersize your social media channels
Tip #2:Supersize your social media channels
Keep an online dashboard of conversations
Tip #3: Listen and evaluate real-time
Evaluate response across singular or multiple channels
Tip #3: Listen and evaluate real-time
Tip #4: Video as new communication tool Digg Feature Launch
LinkedIn C Round – Investors rationalizing 1B Valuation
Tip #4: Video as new communication tool
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