Social Media and Web Metrics Dinner Party Conversation

Ok class it’s time to throw out bits and pieces of useless information to astound the people you’re talking to this weekend at the dinner party that you have to go to. Usually when you go to these things, you try to seek out the tech-y guy or person. But ultimately what happens is they try to impress you with what they know and think YOU don’t know nothing. It’s at this point you drop of this on them.

 

Social Media

So some how, things shift to talking about social networks, you went to get a drink and bam, somehow they’re talking about how America’s youth is effed up because of Myspace and Facebook and is populated by amped up testosterone laced males. At which point you chime in and say:

Actually Facebook has more female users than male. In fact, of the 57 million users on Facebook, 56% of them are female.  It’s at this point that you now have their attention and they all start looking at you. Which is when I silently thank Marty Fahncke for throwing that tidbit of his up on an article in Electronic Retailer

So now they are wanting more.  So thanks to Marty I throw this one out: DID YOU KNOW…that Linkedin has 17 million members with every Fortune 500 company represented? Or that the average age of the LInkedin user is 41?   Hopefully none of them ask what Linkedin is, but invariably there WILL be someone within the group who asks.

So while they’re chewing on that someone will of course ask, How many members use MySpace? And with total confidence you answer 200 million members, 110 million of which are “active”. Whew. You have them eating out of your hand right now.

Time to drop some good stuff on them now.

Web Metrics

Did they know that the average American spends 30 hours per month online with October being the heaviest month for usage? Thanks comScore Or that Ann Arbor had the highest internet penetration in the U.S.? According to The Media Audit

Think the majority of users are the 18-31 user? Think again. Leading the way for tops in internet usage are the 44-62 year olds. In 3rd place are the 32-43 year olds and behind them are the 63+ demo followed by the 12-17 year olds according to emarketer

The audience around you will grow and the questions will now vary. But they will all have a tech feel and flavor. Someone will no doubt ask, what site they should go to in order to get a good feel for the pulse of say the blogosphere. I’ll mention that shel israel has a really interesting and observant blog that should at least warrant a stop by as does Seth Godin who always has some great points about all things marketing related.

But maybe that’s too deep for you and you need  some sites that are light on the copy and heavy on engagaing you for awhile. Where can you go you ask? Go here and check out what streams from Kevin Kelly’s consciousness.

I grab another drink while I see some grabbing napkins to write on. I blurt out that I always enjoyed this blog just because it’s put together well, and its always got something that helps me learn and understand and yet is not so technical. Jaffe Juice fills that need.

From the Jaffe Juice site: How many social media experts does it take to change a lightbulb?

Uh oh, I think you’re starting to glaze over, too much info. It happens to everyone who doesn’t live and breath and digest this stuff on a daily basis. Thats cool though. For that I will throw Matt Creamer at you, he always has some interesting links to pass on as does Nathan Gilliatt but it may be a little to techy for you. But then again, when this conversation started you thought you knew your stuff anyways. You do Twitter don’t you?

 

5 Ways to Market to Baby Boomers.

With the crush of all things social these days. I want you to look at this Facebook stat.

– 3 million age 25-34
– 380,000 age 35-44
– 310,000 age 45-63
– 100,000 users age 64+

I know, it’s tough to ignore the 24-34 demo. but more importantly are the “other” almost 800,000 Facebook users. Even more so are the Boomers who use Fcaebook. these are technologically “hip” users who have adopted quite nicely to social networking.  But that’s not the point here. The point is that because of the fracturing of all things related to advertising, marketing and how it now translates to the internet, grabbing eyeballs has become more about marketing to niche’s.

Which leads us to a very wealthy niche. The Boomers. Anyone born from 1946 to 1964. This is a very materialistic group that spends a lot of money and thus  a group that you need to market to.  So below are 5 ways to market or sell your product to them:

1)  First off they have the cash and they are going online to find out how best to spend that money. More importantly, they are looking for ways to invest that money. Using the internet as a vehicle to educate, inform and advise the growing boomer nation is a great way to market to them Niche #1: The internet. Niche suggestion: Retirement and Real Estate web sites.

2) The Second way is to don’t assume that #1 is true. Boomers are cocky, they still think they can do the things that they did in their 20’s and 30’s. Because they have the money, they will do or try things like new hobbies, new toys, new families. new gadgets. Niche #2 is to advertise products that speak to the fountain of youth. using the internet, print and television and cell phones. Don’t forget the power of mobile marketing.

3) With nothing better to do, Boomers will want to start-up a new business, invest in a new business, start a new career or go back to school to learn a new trade or craft. Niche #3 Education. Investing in New Businesses, and Starting a new company.  Higher Ed schools have not tapped this to its fullest potential.

4) Social Networks. You have 800,000 people on social networks that are boomers, what are they doing? What are they talking about? Is it where the next party is? No that would be the 18-25 demo. The folks are talking about the first 3 niches. They are talking about new ideas, new ventures, and wondering where to turn. They are at their most viral. If they find a site or source or resource that gives them a warm and fuzzy, you’ve got them all.

5) Health Care and Insurance and Travel. These are some of the most talked about topics with boomers. Pick a niche and they will finid you. But make sure you tailor and cater to the fact that your audience is not the 25-33 demo. You cannot speak to them the same way. Do some homework.

If you can wrap your arms around this group, then the sales will start flying. the key is to understand that you have to drill down to the niche. Think long tail key word…It’s a term we use in internet marketing and SEO but it really applies here in that you don’t want to market just to baby boomers. You wan to pick a niche, and then a niche of the niche.

What do you think it will take to get them to part with about a trillion in spending power?