Socialnomics

PLEASE WATCH THIS VIDEO BEFORE READING

http://www.youtube.com/watch?v=sIFYPQjYhv8&feature=related


Last Tuesday I went to this Conference in at the Fayetteville Towncenter in Fayetteville, Arkansas called the Hospitality Summit.

One session I attended was very very informative. It was about social media and its impact in the world. Facebook, Twitter, and other social media outlets is not some kind of fad, it's the future. I remember getting on Facebook when I was a junior in high school, some 5 years ago. These were the days when you had to be invited by a friend who was already on Facebook. It was a private social network. When I got on to the Bentonville High School Network there were only 39 other students on the network. In 5 years Facebook went from 5-10 thousand members to over 200 million members!

Some hotels like the Palms in Las Vegas have taken advantage of this outlet and now advertise on Facebook offering great deals to stay at their property. Arkansas Tourism Dept has a Twitter, Facebook page, and Iphone Apps advertising great deals on tourist attractions.

This is the new trend. We will no longer search for products and services; they will find us via social media!