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Business Buffet

SD026 - The State of Social Media in 2020

Business Buffet

Ed Bejarana

Marketing, Business, Business Strategies, Entrepreneurship, Business Tips, Small Business, Leadership

1981 Ratings

🗓️ 8 April 2020

⏱️ 6 minutes

🧾️ Download transcript

Summary

In today's episode, Phil talks about a keynote presentation he witnessed at Social Media Marketing World from Michael Stelzner. Michael Stelzner is the CEO of Social Media Examiner which runs the Social Media Marketing World conference in San Diego...

Transcript

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0:00.0

Today's episode of the Business Buffet Side Dish is brought to you by F1 for Help.

0:06.0

Welcome to the Business Buffet Side Dish.

0:09.0

This is a quick snack on a specific area of business.

0:12.0

Today we will present a concise element you need to run your business.

0:16.0

Remember to visit business buffet.page or listen to wherever you get your podcasts.

0:21.8

It's snack time.

0:23.2

Hello and welcome again to another business buffet side dish.

0:26.3

My name is Phil Anderson.

0:27.3

And today I'm going to talk about an important keynote presentation.

0:31.6

I witnessed at Social Media Marketing World in San Diego over a month ago from Michael Stelzner.

0:37.4

Now Michael Stelzner is the CEO of Social

0:40.5

Media Examiner, which runs the Social Media Marketing World Conference in San Diego every year. I might

0:46.6

mention that Social Media Examiner is one of only a handful of places I personally routinely visit

0:53.1

to get up-to-date information on all social media

0:56.7

platforms. If you're a small business owner who runs your own social media, it behooves you to

1:02.5

visit their site often. This was their eighth consecutive year of this conference, which had

1:08.4

six keynotes and 94 other sessions on all things social media.

1:13.6

During his opening keynote, Michael Stelzner talked about social media marketing in 2020,

1:19.4

what the newest research reveals. Here are some of those highlights. In the United States,

1:26.0

only 50% of consumers trust businesses now. More than 60% of

1:32.0

Americans don't trust Facebook with their personal information. People are losing faith in

1:38.0

marketers and the platforms we use. As for advertising on Facebook, there is more competition as there are more than 7 million

...

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