Some of the smartest minds in social media gathered recently at the Society of New Communications Research (SNCR) Symposium at Harvard for a discussion of the group’s latest research findings. This is my third year attending the event and it has been hugely interesting to see the progression of each of SNCR’s studies. A couple of trends really POPPED for me this year…
Surprisingly, corporations are still behind the curve with social media adoption. Nora Ganim Barnes (University of Massachusetts Dartmouth) found this in the Social Media Adoption Trends Among Inc. 500, Fortune 500, Higher Education and Charities study. While many of the world’s biggest brands have a presence on social media platforms, Fortune 500 and Inc. 500 companies are still behind Charities and Higher Education in their use of social media to communicate with stakeholders. The proof is in the pudding. Check this out:
What does this tell me? While many companies “get it”, there is still more work to do in educating consumer brands (our clients) on the value of social media in helping them to connect with their customers. With changing media consumption habits, the methods in which we communicate must also continue to evolve!
While corporations still have some catching up to do, media and journalists are using social media for their story-telling and reporting in a BIG way. In a separate session, Jen McClure and Don Middleberg presented the “3rd Annual SNCR/Middleberg Survey of Media in the Wired World”. In this study, it was found that 90% of journalists say that their reliance on social media has increased significantly in the past year. 75% of journalists are using Facebook in generating content. 70% are using blogs. 69% are using Twitter. 54% are using online video. 53% are using Wikipedia. 31% use LinkedIn and 28% use citizen photos.
So, to those Fortune 500 / Inc. 500 corporations that have not yet adopted social media as a significant portion of their communications strategy, you might want to take another look at what the cool kids (i.e. influencers and journalists) are doing!
Thanks to SNCR for organizing yet another great Symposium, as well as for honoring 360PR’s work with the Ball brand National Can-It Forward Day campaign in the Excellence in New Communications Awards.