This week’s social media links

From the Zazoo blog:

Here are a few interesting stories about social media that have been published in the past few days:

Social Media Benchmarks: Realities and Myths

“….many clients still ask about benchmarks. They ask, ‘What are good CTRs, CPCs, CPMs, etc. so I know how my programs stack up?’ Well, there’s good reason those benchmarks are hard to find. Lacking a reliable source, I ran my own analysis over the last three years and came up with many eye-opening results…”

Australian Social Media Statistics Compendium

“With so many new social sites emerging it is very important for marketers to have Australian specific intelligence to determine which channels are the most attractive to pursue as part of your marketing strategy….”

How Accurately Can You Gauge the ROI of Social Media Tactics?

“Marketers are under constant pressure to measure everything they do. The result is often a default to tactics that are more easily and accurately measureable, regardless of their effectiveness. This is especially true in social media marketing which often requires qualitative measurement rather than quantitative metrics that are more familiar to online marketers….”

Online Marketing’s Evolution

“What’s the future of interactive advertising? Executives from interactive agencies and marketing technology tech companies tried to answer that question at two conferences this week in New York City. Discussions ranged from the challenges of working in social media, risks for agencies in using pay-for-performance models, one online marketing sector that’s thriving, and Amazon.com’s crowdsourcing initiative. Here are some takeaways….”

Social Media Fails To Manifest As Marketing Medium, Report Likens Twitter To TiVo: More Hype Than Reality

“Social media has reached critical mass, with 83% of the Internet population now using it… But for all the media industry’s hype and buzz surrounding social networks, microblogs, and other social networking platforms, the genre has failed to become much of a marketing medium, and in the opinion of the Knowledge Networks’ analysts, likely never will. The report, “How People Use Social Media,” finds that social media is having a profound impact on the way people connect with each other, but that it’s not becoming a very meaningful way for people to connect with brands, or advertising promoting brands….”

The Social Data Revolution(s)

“In 2009, more data will be generated by individuals than in the entire history of mankind through 2008. Information overload is more serious than ever. What are the implications for marketing?….”

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