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	<title>From the 21st Floor &#187; Socialnomics</title>
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		<title>Are You Up to Speed on Socialnomics?</title>
		<link>http://www.fromthe21stfloor.com/socialmedia/are-you-up-to-speed-on-socialnomics/</link>
		<comments>http://www.fromthe21stfloor.com/socialmedia/are-you-up-to-speed-on-socialnomics/#comments</comments>
		<pubDate>Sat, 08 May 2010 12:24:26 +0000</pubDate>
		<dc:creator>Fred</dc:creator>
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		<category><![CDATA[Social Media]]></category>
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		<description><![CDATA[Socialnomics, the economics of the social world and social media.  It isn&#8217;t a fad, it is here to stay.  Brands, companies, and industries have been paying attention &#8212; have you?  Erik Qualman, the author of Socialnomics has updated his video that has mind-blowing stats regarding the use of social media in today&#8217;s world.  It is [...]]]></description>
			<content:encoded><![CDATA[<p>Socialnomics, the economics of the social world and social media.  It isn&#8217;t a fad, it is here to stay.  Brands, companies, and industries have been paying attention &#8212; have you?  Erik Qualman, the author of <em>Socialnomics</em> has updated his video that has mind-blowing stats regarding the use of social media in today&#8217;s world.  It is an update of <a title="Social Media Revolution" href="http://socialnomics.net/2009/08/11/statistics-show-social-media-is-bigger-than-you-think/" target="_blank">his original one</a> that came out when he <a title="Socialnomics Book" href="http://socialnomics.net/the-book/" target="_blank">launched his book</a>.  Some of his interesting statistics include:</p>
<ul>
<li>If Facebook were a country it      would be the world’s 3rd largest  ahead of the United States and only      behind China and India</li>
<li>Social Media has overtaken porn      as the #1 activity on the Web</li>
<li>80% of companies use social      media for recruitment; % of these using  LinkedIn 95%</li>
<li>78% of consumers trust peer      recommendations</li>
<li>Kindle eBooks Outsold Paper      Books on Christmas <em>(COMMENT: I wonder how this will change next year with the iPad out)</em></li>
<li>Successful companies in social      media act more like Dale Carnegie  and less like Mad Men Listening first,      selling second</li>
</ul>
<p>Here is the latest video.  What do you think about the stats?  Anything jump out at you?</p>
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