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	<title>e-Commerce Club &#187; Social media impacts</title>
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	<description>E-Commerce- The Future of Tomorrowâ€™s Global Business Phenomenon</description>
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		<title>The Acceptability of Online Blogging as a Business Venture</title>
		<link>http://www.ecommerceclub.org/the-acceptability-of-online-blogging-as-a-business-venture.html</link>
		<comments>http://www.ecommerceclub.org/the-acceptability-of-online-blogging-as-a-business-venture.html#comments</comments>
		<pubDate>Wed, 15 Apr 2009 14:09:47 +0000</pubDate>
		<dc:creator>julius Mamaril</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[New Business Venture]]></category>
		<category><![CDATA[webpreneurship]]></category>
		<category><![CDATA[bloggers world-wide]]></category>
		<category><![CDATA[Blogging a global phenomenon]]></category>
		<category><![CDATA[Blogging as a business venture]]></category>
		<category><![CDATA[interesting content online]]></category>
		<category><![CDATA[Social media a global phenomenon]]></category>
		<category><![CDATA[Social media impacts]]></category>
		<category><![CDATA[widget economy]]></category>

		<guid isPermaLink="false">http://www.ecommerceclub.org/?p=3</guid>
		<description><![CDATA[Looking at the proliferation of personal web pages on the Net, it looks like very soon everyone on Earth will have 15 megabytes of fame. ~M.G. Seriam Rationale The current revolution in personal writing and instant publishing is called blogging. A business blog is an informal, easily maintained way to regularly communicate with your customers [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="text-align: justify;"><em><span style="font-size: 10pt; font-family: Verdana;">Looking at the proliferation of personal web pages on the Net, it looks like very soon everyone on Earth will have 15 megabytes of fame. </span></em></p>
<p class="MsoNormal" style="margin-left: 1in; text-align: justify; text-indent: 0.5in;"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal" style="margin-left: 3.5in; text-align: justify; text-indent: 0.5in;"><span style="font-size: 10pt; font-family: Verdana;">~M.G. Seriam</span></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span style="font-size: 10pt; font-family: Verdana;"> </span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span style="font-size: 10pt; font-family: Verdana;"> </span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span style="font-size: 10pt; font-family: Verdana;">Rationale</span></strong></p>
<p class="MsoNormal" style="text-align: justify;"><strong><span style="font-size: 10pt; font-family: Verdana;"> </span></strong></p>
<p style="text-align: justify; line-height: 200%;"><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">The current revolution in personal writing and instant publishing is called blogging. A business blog is an informal, easily maintained way to regularly communicate with your customers and employees. Unlike traditional media that require lead time for publishing, blogs are frequently updated, often daily, online journals of opinions, information and links to interesting content online.</span></p>
<p class="MsoNormal" style="text-align: justify; line-height: 200%;"><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Blogging is a global phenomenon, with people from all over the world recording their thoughts, experiences, ideas and opinions to be read by anyone and everyone who might be interested.   Studies show that people increasingly often turn to blogs rather than news channels if they want to understand the situation on the ground in crisis situations, for example during <strong><span style="font-family: Verdana; color: windowtext; font-weight: normal; text-decoration: none;">Hurricane Katrina</span></strong> and the tragic situation in New Orleans. There are some fascinating accounts coming out of Baghdad, <strong><span style="font-family: Verdana; color: windowtext; font-weight: normal; text-decoration: none;">Afganistan</span></strong>, and <strong><span style="font-family: Verdana; color: windowtext; font-weight: normal; text-decoration: none;">China</span></strong> â€“ in fact if one is interested in a place, one can find someone there blogging about it!</span></p>
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<p class="MsoNormal" style="text-align: justify; line-height: 200%;"><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Reading blogs is a way of engaging with ideas and opinions that have emerged from the passions and interests of real people. Bloggers do not usually have an agenda other than to explore the world around them â€“ a very few have businesses to plug or products to endorse but its apparent straightaway if thatâ€™s the case â€“ and most are just using this medium to contribute to the discussion of things happening in the world and draw attention to issues they think are important.</span></p>
<p class="MsoNormal" style="text-align: justify; line-height: 200%;"><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> </span></p>
<p class="MsoNormal" style="text-align: justify; line-height: 200%;"><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">There has been a lot written about the passive nature of peopleâ€™s lives in this media rich age: bombarded with television, adverts, news reports and opinions with little incentive to engage the brains at all! Yet the phenomenal growth of blogging â€“ there are an estimated 48 million blogs in cyberspace, up from just 100,000 two years ago, according to blog search engine <strong><span style="font-family: Verdana; color: windowtext; font-weight: normal; text-decoration: none;">Technorati</span></strong> â€“ means that people are obviously not satisfied being the passive consumers of media, they want to contribute to it too.</span></p>
<p style="text-align: justify; line-height: 200%;"><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Two years ago, media agency Universal McCann started the most extensive global survey on social media. Here are the highlights of the study as summarized by the authors:</span></p>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Social media is a global phenomenon happening in all markets regardless of wider economic, social and cultural development. If you are online you are using social media</span></li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Asian markets are leading in terms of participation, creating more content than any other region.</span></li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">All social media platforms have grown significantly over the three Waves</span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> </span>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Video clips are the quickest growing platform, up from 31 % penetration in Wave 1 to 83 % in Wave 3</span></li>
</ul>
</li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">57 % have joined a Social Network, making it the number one platform for creating and sharing content</span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> </span>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">55 % of users have uploaded photos</span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> </span></li>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">22 % of users have uploaded videos</span></li>
</ul>
</li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">The widget economy is real</span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> </span>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">23 % of social network users have installed an application</span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> </span></li>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">18 % of bloggers have installed applications in their blog templates</span></li>
</ul>
</li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Blogs are a mainstream media world-wide and as a collective rival any traditional media</span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> </span>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">73 % have read a blog</span></li>
</ul>
</li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">The blogosphere is becoming increasingly participatory, now 184 m bloggers world-wide</span><span style="font-size: 10pt; line-height: 200%; font-family: &quot;Courier New&quot;;"> </span>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: &quot;Courier New&quot;;"><span><span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">The number one thing to blog about is personal life and family</span></li>
</ul>
</li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">China</span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;"> has the largest blogging community in the world with 42 m bloggers, more than the US and Western Europe combined</span></li>
</ul>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Symbol;"><span>Â·<span style="font-family: &quot;Times New Roman&quot;; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none;"> </span></span></span><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">Social media impacts your brandâ€™s reputation</span>
<ul>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">34 % post opinions about products and brands on their blog</span></li>
<li><span style="font-size: 10pt; line-height: 200%; font-family: Verdana;">36 % think more positively about companies that have blogs</span></li>
</ul>
</li>
</ul>
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