Friday, March 28, 2008

Pew Study Illustrates Difficulty in Determining Social Media Impact

Proponents of social media have generally highlighted its biggest advantage as being the potential to "upend" the media landscape by shifting the power from a few large, established players to a more decentralized environment that delivers a broader perspective, free of biases. However, a new study by the Pew Center paints a much more complicated picture.


The study says that despite social media's potential to create a more diverse media culture, the reality is that even when it comes to new media, most consumers typically turn to the ventures of the established media companies that have dominated the media world for decades, if not longer. The research shows that blogs and other social media outlets are attracting a smaller than expected audience and that rather than creating a culture devoid of elitism, all that's happened is the elites now come from a broader class consisting of more than just individuals with media backgrounds. In other words, the barons still rule, just not the media barons of old.


The biggest trend, according to the study, is that news today is thought of not so much as a product, but as a service. Consumers are changing their preferences when it comes to consuming news by opting for everything from traditional, full-form news stories to 40-character briefs sent via e-mail.


As far back as 2006, I was saying that we've been in a "blog bubble" of sorts that is causing us to avoid fully examining the potential impact of social media and keeping us from using it in the right way. Unfortunately this latest study seems to say loud and clear that while social media has value, PR pros and others advocating its use would be well advised to give it a more thorough examination than has been done in the past. Frankly, we owe it to our clients and to the reputation of our industry as a whole.

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