New Smartphone Study Shows Dramatic Shift In Culture: Smartphone Users Spend More On Virtual Goods In Games
Posted by Valerie Jennings, CEO of Jennings Social Media Marketing
A new study indicates there’s a dramatic shift to “smartphone culture,” where people are using social networks and downloading media such as games on their phones, according to Magid Media Futures: Mobile 2011. Among the findings, smartphone users spend more on virtual goods in games than social networking users do.
Here is the article which highlights the key findings from the study. It seems like we all need to understand the changes that smartphones are bringing with them. I will share more on this topic as articles circulate online. Please let me know if you see anything that we should share: valerie @ jenningssocialmedia.com.
Smartphone ownership grew 35 percent from 2010 and the installed base is expected to reach half of the U.S. population in a few years.
About 45 percent of smartphone users play games on their phones. Smartphone owners are three to five times more likely to play games, use social networks, and access the internet from their phones, in comparison to traditional feature phone owners.
Magid found that among those who play games on their phones, the majority use the phone as their primary gaming device. Of those who do not play smartphone games, 55 percent said they may start playing in the next 12 months. One third of smartphone gamers who have not spent money on smartphone games say they may start in the next 12 months.
In 2010, only 10 percent of respondents said they were interested in buying in-game virtual goods on smartphones. This year, the number is 46 percent. Smartphone users spend more money on games and they spend more money, in comparison to social networking games. About 13 percent of smartphone gamers have bought virtual goods on their phones, spending an average of $67 last year. By comparison, social networking users spend $25 a year. About 8 out of 10 social network gamers have not spent any money over the past year in social games.
The survey was conducted online and included 2,482 people, of whom 2,051 were between the ages of 18 and 64. Data were collected from April 15 to April 20.
Mashable: Watch the Space Shuttle Launch LIVE!
Posted By Valerie Jennings, CEO of Jennings Social Media Marketing
Update: Space shuttle Atlantis has been cleared to embark on the final mission of NASA’s space shuttle program at approximately 11:26 ET today.
Mashable.com: How Social Shopping Is Changing Fashion Production
Posted by Valerie Jennings, CEO of Jennings Social Media Marketing
The fashion industry is one of the biggest social media marketing opportunities. I want to share this article by Mashable.com regarding the fashion industry’s growth via social media marketing!
Fashion editors and department store buyers have long had the biggest say in what parts of designer collections make it to market. This pattern is changing, however, thanks to a more social web culture and better tools to facilitate online voting, purchasing and even customization.
Advertisers to Spend $1.7 Billion on Social Networks in 2010
Posted by: Carlee Vellinga
Social networking sites are implementing creative methods for presenting advertisements to their users. Businesses recognize the impact of advertising on sites such as Facebook and Myspace. This article by Adam Ostrow at mashable.com shows that U.S. advertisers are expected to spend more this year on social networking sites.
Advertisers to Spend $1.7 Billion on Social Networks in 2010
The latest numbers from eMarketer project that advertisers will spend nearly $1.7 billion in the U.S. on social networking sites in 2010. Worldwide, spending will hit $3.3 billion according to the report.
The numbers represent a significant bump up from estimates published by the research firm at the end of last year, when it projected $1.3 billion would be spent on the space in the U.S.
B2B Social Media Budgets to Increase to $54 Million by 2014
Posted by: Micah Pratt
Until recently, business to business companies have only minimally utilized social media marketing, but that is expected to change. Here is an article from emarketer.com that explains why business to business companies will likely increase their social media spending.
B2B Spending on Social Media to Explode
Despite social media marketing’s sizable popularity, business-to-business (B2B) companies are still fairly new to the discipline. According to a November 2009 survey from Business.com, 73% of B2B respondents who were using social media had less than two years of social media marketing experience.
But now that social media has caught on in the sector, spending forecasts suggest that big increases are coming.
“B2B participation in social media marketing is steadily increasing, and marketers are beginning to see opportunities to generate quality leads and position themselves as thought leaders in their industries,” said eMarketer’s Evelyn Jung, author of the new report “B2B Social Media Marketing Heats Up.”
Social Media Can Change The World Through Common Ground
By: Valerie Jennings
I would like to share the words of JR Johnson with you all from his blog post on Mashable. I’m compassionate about the views he’s expressed, and I hope you find them beneficial as well.
Social Media Can Change The World Through Common Ground
November 15th, 2009 | by JR Johnson
J.R. Johnson is founder and CEO of Lunch.com, a user generated content platform focused on finding common ground, and host of the Lunch for Good event series.
There’s been a rising interest in the concept of “social media for social good.” In large part, that discussion has been focused on cause-related social good. I have a different take, related more to the greater good of humanity as a whole. To my view, the Internet, specifically social media, has the potential – and responsibility – to make the world more thoughtful and tolerant by showing people their shared common ground.
Valerie Jennings 
Cassie Stubs
Katie Stumpf
