Fascinating Social Media Facts of the Year 2010
Fascinating Social Media Facts of Year 2010 | Social Media Today
2. In terms of the impact of social networks on advertising, word of mouth is the popular option with 78% of customers trust peer recommendations on sites. While, only 14% trust advertisements.5. An average user becomes a fan of 2 pages every month.
7. 25% of search results for the world’s top 20 brands are linked to user-generated content.
11. * In a sample survey of 2884 people across 14 countries, on an average, users log in twice a day to social networking sites and 9 times a month on professional websites.
13. * In a sample survey of 2884 people across 14 countries, people have about 195 friends on an average.
16. An average Facebook user spends about 55 minutes a day on the site.
21. Average user is connected to 80 community pages, groups and events
22. Average user creates 90 pieces of content each month
26. **Over 150 million people engage with Facebook on external websites every month.
27. **Two-thirds of comScore’s U.S. Top 100 websites and half of comScore’s Global Top 100 websites are integrated with Facebook.
29. The most popular YouTube video – Justin Bieber, Baby ft. Ludacris has had over 374,403,983 views
30. ** YouTube receives over 2 billion viewers each day.
31. ** 24 hours of video is uploaded to YouTube by users every minute.
32. ** 70% of YouTube users are from the United States.
33. ** More than half of YouTube’s users are under the age of 20.
37. There are over 181 million blogs.
38. 34% of bloggers post opinions about products and brands.
41. ** Two thirds of bloggers are male.
46. 54% of bloggers post content or tweet on a daily basis.
47. 80% of Twitter users use Twitter on mobile devices.
50. **There are over 110 million users of Twitter currently.
53. Of the 60 million users of LinkedIn half of them are from outside US.
55. 80% companies use LinkedIn as a recruitment tool.
56. **Every second a new member joins LinkedIn.
62. **69% of users edit Wikipedia to fix errors.
63. **73% of Wikipedia users edit Wikipedia because they want to share knowledge.

Reputation management is as important as a dynamic social media strategy
If you work hard and spend millions a year obtaining new visitors to your website, should you not also take the same care in managing the reputation of your brand through other people’s comments online?
Hotels Seek Quicker Redress on TripAdvisor Reviews - NYTimes.com
“The world of the Internet and particularly social media has pretty much outstripped ethical guidelines, and some legal ones as well,”

Book piracy is “about to arrive on a massive scale”
Your time is up, publishers. Book piracy is about to arrive on a massive scale – Telegraph Blogs
a conservative estimate this month suggests there are 1.5-3 million people looking for pirated eBooks every day

Music business in great health… less so for record companies
It is a bit late to try to charge people for downloading music. Revenue will have to come from other potential sources.
What’s working in music: Having a ball | The Economist
(IFPI, an international trade group, reckons that 19 out of every 20 tracks downloaded are illegal) that it ought to be possible to make serious money from persuading people to make the switch.

Eventually all companies will fail
A good strategy is once your current product becomes successful, start to think and build the next product which is the killer product of your current one.
Every living organism contains within itself the seeds of its own destruction, so do companies. It happened to Microsoft and will happen to Google next, once the PR tide turns against it.
At one point companies become too big, too successful…”evil’. From a psychological standpoint, humans like a winner…but only for a limited time. Once the winner is in place for too long, it is human nature to join the ranks of the winner’s enemies. Human beings resent to feel like losers for too long.
A good way to avoid this at the corporate level is to split your business into smaller, independent units under a totally different brand. Even better if they seem to compete with the market leader, which can be owned by yourself, the market leader, behind the scenes.

Creators Step in to Defend YouTube
Deeplinks Archives, May 2010 | Electronic Frontier Foundation
“We can now be our own television and cable stations and our own record labels and record stores. We suspect that the threat that truly concerns Plaintiffs is not copyright infringement but just competition.”

Best Connected Individuals Are Not the Most Influential Spreaders
In a social network, most nodes are not linked to each other but can easily be reached by a small number of steps. This is the so-called small worlds network

Better Jobs Advice: Six-Figures Without M.D.
Better Jobs Advice: Six-Figures Without an M.D.
If you want to collect a six-figure salary, a medical degree certainly won’t hurt. Collectively, physician jobs dominate the list of the nation’s highest-paying positions, holding nine of the top 10 most lucrative jobs. But there’s good news for the rest of us: Although statistically more education means better pay, you can land a very high-paying job with just a bachelor’s degree and considerable work experience.

Why Big Companies Almost Never Notice Disruptive Innovation
Why Big Companies Almost Never Notice Disruptive Innovation | Techdirt
So stop worrying about some big, successful company copying your idea. If it’s really innovative, they probably won’t even notice it… until it’s too late.

25 Best Paying Jobs for Women
Better Jobs Advice: 25 Best-Paying Jobs for Women
But is salary disparity between genders the issue or is it something deeper?

