What is Social Media?
Social Media-
A form of online marketing characterized by the use of user-submitted and community-moderated content sites. Social Media is designed to be disseminated through social interaction, and supports the human need for social interaction with technology. Social interaction includes that with social news sites, social networks, social bookmarking sites, photo, and video sharing sites in order to deliver a marketing message.
Social Media Stats
Twitter
*The company holds exact numbers close to their chest, but it's estimated that Twitter currently has between 6 - 10m global users and this is growing rapidly.
Facebook
*Facebook grew by over 3 million unique visitors during the month of September 2009 from 92.2 mil unique visitors in August 2009 to 95.5 unique visitors in September 2009.
YouTube
*If YouTube were a country, it would be the third most-populated place in the world.
Resource: www.econsultancy.com