Social network advertising clearly has a bright future, and the prospects for future growth were confirmed by a new forecast from Borrell Associates, which predicts massive growth in ad revenues this year. Overall the Borrell report, "The Social Networking Explosion: Ad Revenue Outlook" has social network ad spending increasing 68% from $4 billion in 2009 to $7.5 billion in 2010, then continuing to grow every year to about $38 billion in 2015. The 2015 figure will represent approximately a third of all U.S. online marketing spending. My only question is: Where is this ad spending going to happen? ...Read the whole story
Speculation that Facebook will allow all Open Graph-enabled Web pages that serve up in searches when a member clicks on the "like" button surfaced Friday, but a company spokesperson dismissed reports. ...Read the whole story
Healthcare marketers should be at the center of the social revolution and using the above as a framework, we can all begin to deliver against its promise. ...More
The next step, and one that the more traditional types in the industry haven't entirely made, is to get better at creating really compelling experiences within the digital services in which they now play. But just as it is with kids and play -- as any parent knows, play is a child's work -- this, too, will develop into a stronger understanding about how to make digital, social services work as marketing applications. ...More
As business marketers, we feel obligated to participate in social media. But beyond the basics of setting up a Facebook page and Twitter profile, marketers are still finding ways to measure results. While some believe the intangible benefits of having a voice for your brand engaged in various social media channels is reward enough, other marketing departments need to provide the CMO and CEO with a more quantifiable answer. The best way to accomplish this is by demonstrating the value social media brings to lead generation. Not just lead quantity (volume), but lead quality (scoring) and conversion rates. But tracking ...More