Professional Social Networks

Below is a overview of key membership and usage statistics for LinkedIn, Facebook and Twitter from a great article on Social Media Today. The numbers support how these networks have grown and how influential they are in today’s business.

LinkedIn: LinkedIn has approximately 50 million users worldwide in 200 countries. The membership on LinkedIn is growing at roughly one new member per second. When LinkedIn launched in 2003, it took 477 days, almost a year and four months to reach the first million members. The last million took only 12 days. Executives from all Fortune 500 companies are LinkedIn members.

Facebook: Facebook has over 300 million members with 150 million that log in at least once per day. The fastest growing demographic on Facebook are 35 years and older and according to Facebook more than 2 billion pieces of content (web links, news stories, blog posts, notes, photos, etc.) are shared across the network, each week.

Twitter: Twitter has more than 32 million members with the segment of 45-54 year olds being the top demographic and 25-34 year olds following closely behind at second. It has been found in other studies that baby boomers and senior citizens are more likely to join Twitter than their grandchildren.

These findings are from The New Symbiosis of Professional Networks study. If you want to learn more I recommend reading the whole article:

The Big Three Social Networks Have Emerged as Professional Networks: LinkedIn, Facebook and Twitter.

Social Interaction Metrics

I recently found this good article on “Measuring Engagement”.

The article discusses engagement goals (what you want people to do) and what key performance indicators (KPIs) are good to measure.

Every client/company may have unique goals but I thought the final list was a good example.

1. Register for Alerts by RSS feed – to get new content
2. Views (videos, rich images, design concepts)
3. Use the design widget
4. Put the widget on their blog or Facebook, etc
5. Feedback (via the site)
6. Email subscriptions
7. Favorites (add an item to favourites)
8. Feedback (via the site)
9. Forward to a friend
10. Invite / Refer (a friend)
11. Social media sharing / participation (activity on key social media sites, e.g. Facebook, Twitter, Digg, relevant design forums, blogs etc)
12. Time spent on key pages
13. Time spent on site (by source / by entry page)

By tracking and measuring your user’s actions you then can start to focus on the user’s needs, likes and dislikes. In the end you give your audience the right tools and content they are looking for.