Cool New Marketing Technologies: Caught and Served

Are you part of the social media revolution?

Here’s a quick five minute break from your Friday afternoon scramble before you depart for the weekend. I came across a great blog post over on socialnomics.net that is chock-full of statistics (all of which are sourced) about social media being “bigger than you think.” I’d like to think that I understand just how big of a change social media really is, but do you?  Check out the lively discussion within the comments on the actual post and the video that it all surrounds below.  Enjoy!

Tags: , ,

3 Responses to “Are you part of the social media revolution?”

  1. Greg Jones says:

    “78% of consumers trust peer recommendations, only 14% trust advertisements…” get involved or get left behind!

  2. Barbara says:

    Define, “peer.”

  3. Greg Jones says:

    Hi Barbara,
    The quote came directly from the video, the definition of “peer” in this case seems to be other consumers. Which restaurant should you dine at? Which book should you buy? reviews/recommendations on Yelp or Amazon are peer-to-peer and might prove more trustworthy to the consumer. Personally, I read yelp reviews before trying any new pizza place, and I review seller’s feedback before purchasing any books, so my peers have my trust. I’m sure the statistic is explained in more detail in the book.