On the occasion of my 50th post about Millennials (wow, can hardly believe it myself), I did some digging on the social media phenomenon. While many believe it is values that define Millennials. Millennials themselves believe it is their use of the Internet, nothing defines Millennials on the Internet more than their use of social media. In March 08, McCann released Wave 3 of its Social Media Tracking Report based on a survey of 17,000 Internet users in 29 countries. Here are a few findings worth noting:
1. Social media is much broader than social networking. McCann defines social media as “Online applications, platforms and media which aim to facilitate interaction, collaboration and the sharing of content”. That includes blogs, photo and video sharing, podcasts, microblogs (Twitter), widgets, chat rooms and message boards, and more.
2. Social media’s reach is surprisingly high.. 83% of active Internet users watch videos, 73% read blogs. 39% have started their own blog (I am sure the number is even higher for Millennials, especially young women who are more into blogging than similarly aged guys, who favor gaming. In fact, McCann believes blogging rivals traditional media with a 70% weekly reach. 33% have a favorite blog they read regularly. “As a collective, the blogosphere rivals any mass media in
terms of reach, time spent and wider cultural, social and political impact.”
3. Social Networks have evolved into platforms to organise users’ internet experience. 74% use them to message friends. Social networks are becoming a ‘one stop shop’ for all internet needs: messaging friends, posting photos and videos, and unique applications. Consequently, they are becoming one of the most powerful ways to disseminate information.
The blurring of media and creators is nearly complete, as the popularity of Engadget with trendsetting Millennials makes clear. The ‘citizen’ journalist has become a reality and bloggers are becoming mainstream personalities. Need evidence? The NYT and Entertainment Weekly had this to say about www.pinkisthenewblog.com/home/:
“Pink is the new Blog: Must Star Hazer — Why This: Trent Vanegas may run the uproarious gossip roundup from his home outside Detroit, but he doesn’t need proximity to make riotous observations about celebs — often typed directly onto scary paparazzi photos.” — Entertainment Weekly
“Anyone looking for a case study in the convergence of homespun blog culture and market-driven mainstream media need look no further than pinkisthenewblog.com and its creator, Trent Vanegas … It’s Not Just a Blog, It’s a Brand”. — The New York Times
Finally, we have prospect of ‘Facebook: The Movie’. The New York Times reports today that West Wing creator, Aaron Sorkin, and Columbia Pictures producer Scott Rudin, are collaborating on a film about the creation of Facebook. They have set up a place on Facebook to participate. (Talk about media coming ‘full circle’!) Where did I read about it first? A blog of course!
