Social Media is not about pageviews or click-throughs, it is about the audience size. Rich Ord shares some very interesting information with us about Social Media Advertising which should open our eyes to a “new” media where our – your – target audience is waiting for you. This is the new Advertising space for your brand. Are you aware of it?
In a article entitled “Social Media Advertising To Succeed“, Rich make some very interesting comments, so let’s look at them:
Rich says that while Social Media Advertising is still in its infancy, it will succeed. Social media is a totally different type of advertising platform when compared to information-oriented websites and we should never compare the these two with each other. We should also not compare pageviews or click-through between the two. They are completely different, it’s more about the size of the audience when it comes to Social Media, not just the visits.
Before I get totally sidetraked, he goes on to say that we live in a reality where Social Media delivers the holy grail for advertisers on the Internet. Wow, just think about it. We can clearly see the trends by just looking at what’s happening with Facebook, YouTube, MySpace, etc.
You don’t have to believe me, let’s look at the statistics Rich provides in the rest of the article:
“The top 25 social media networks delivered over 155 million unique visitors in Feb. 2008 with 70 percent coming from MySpace, Facebook and Classmates.com. Add in YouTube and Flickr and you get another 60 million totaling an estimated 215 million humans viewing social media monthly.”
“Compare that to television where an average 24-hour period delivers around 50 million unique viewers. The highest viewership day of the year, Super Bowl Sunday, has an estimated 110 million unique U.S. residents viewing television. Even over an entire month there is arguably less than 200 million total unique television viewers.”
“The Internet has become a powerful platform for advertisers to reach mass audiences via user generated video too. According to comScore Video Metrix, U.S. Internet users viewed over 10 billion videos online in the month of December alone. Imagine a 15 to 30 second commercial with each video view and the Internet seems ready today to compete with broadcast TV in delivering commercial views.”
These are staggering totals when you think about it. Personally, I am spending more and more time in front of my Notebook and Desktop as compared to watching TV. My wife is even worse than me…
Rich goes on with more interesting information. He says that “It simply doesn’t matter what the click rate is for Facebook, MySpace and YouTube because they reach huge audiences that major advertisers like Ford, Pepsi and McDonald’s can’t help but see the value in.”
“Click rates are a reflection of pageviews and social media sites similar to TV have a large overlapping audience that hang around them all day, every day.”
“According to Compete’s figures for every unique visitor to YouTube there are 54 pageviews. With Facebook, a unique visitor creates an amazing 564 pageviews in a month and on MySpace each person generates a staggering 1,110 pageviews.”
“The social media audience is loyal, large and habit-oriented just like broadcast TV. They also hit the prime youth-tilting demographic who are big spenders online and are considered a high value audience by ad agencies and advertisers. Ultimately, what advertisers value is the audience, not just the clicks.”
Well, there is no denying it, there is a huge audience out there who is generating their own content, waiting for the World to share it. Social Media sites are the tools we should use – the “New Media” where we all ought to be. Are you thinking about it, perhaps you should…
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