I just got back from the morning seminars at the IncentiveWorks conference and had the opportunity to hear Phil Barrett speak about Social Media and how it has evolved and how it will progress over the next 10 years. Interesting stuff. (He used a different type of video by commoncraft) It was also amazing to see just how easy it is for small business to harness the power of web 2.0 and use it to promote their product or service.
Take Facebook, for example. 75% it’s users check their account daily with the average visit time of 29.8 minutes. That is ludicrous compared to every other website in the world. Think about how this can help small business.
Videoblogging, RSS, feed aggregator, social bookmarking, and the social media release were amongst the other topics discussed. I highly recommend entrepreneurs get a basic understanding of social media…hey it can be free.





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Thanks for the link – i’ve uploaded a copy of the presentation to slideshare.com.
Do a search for impact of social media, or go to my blog and click on the link to the presentation.