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http://ping.fm/xqAZ5 – an interesting report by Immediate Future (hi Katy) about the impact of online conversation on the Interbrand Top 100 global brand survey. This compliments Neoco’s new service of online conversation monitoring.

It is increasingly clear that the level of a brand’s engagement with the ever growing online community is beginning to have a direct correlation with that brand’s reputation. Social media is booming. Every day new statistics, white papers and articles appear discussing its continued growth. Independent market analyst Datamonitor has revealed how quickly the number of people participating in online social networking is growing: the UK currently leads Europe, in terms of membership, and is expected to Reach 27 million users – a threefold increase on today’s figures – by 2012

Across the globe, consumers are more connected than ever before, thanks to easier internet access, the rise (and reduction) in price of broadband and an increase in home usage. With the continual development of tools to aid communication, including blogs, Social networks and photo/video sharing sites, this trend looks set to continue.

But what exactly is social media? The term reflects the sharing of information, experiences and opinions through a series of widely available, easy-to-use tools. Very simple, very public, very hard to ignore.

According to VNU.net, nearly half of the online adult population around the world is a member of at least one networking site, with Facebook and MySpace between them housing over 170 million monthly active users.

Other social media activity is also continuing to grow at a frenetic pace. According to Wave3 research of active users:

* 394m watch video clips online
* 346m read blogs
* 321m read personal blogs
* 307m visit a friend’s social network page
* 303m share a video clip
* 272m manage a profile on a social network
* 248m upload photos
* 216m download video podcasts
* 215m download podcasts
* 184m start their own Blog
* 83m upload a video clip
* 160m subscribe to an RSS feed

Want more insight like this? Neoco send out a regular email with a collection of great facts and insight like this, combined with a series of workshops for that enable you to maximise that knowledge. Just get in touch with Benn for more info.

Tags  brand engagement Digital Facebook facts global immediate future insight interbrand MySpace online conversation PoNO PR report social media top 100 VNU.net Wave3 workshops