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Showing posts with label Social Media. Show all posts
Showing posts with label Social Media. Show all posts

Saturday, February 13, 2021

LinkedIn Stats and Nostalgia 02---14

If you are an old timer like me on social media and a social media bluff especially a LinkedIn hyper member like me, you will enjoy this nostalgia from past (2013). 

When you talk of LinkedIn, it is always with respect and or even reverence you talk about it. When I joined LinkedIn in 2008, it was just around 33 million members and Indian count around 10% approximately 3 million members

That was the time When Jeff Weiner took over as the CEO.  The transformation in LinkedIn in all too familiar and wellknown to merit a repetition here. The next evolution happened in june 2020, when Jeff Weiner evolveved from his position  of CEO to Executive Chairman. 

Ryan Roslansky, who took over in June 20200, has maintained seamless transition. The seven months period from then doesn't give you an of any leadership change at LinkedIn. 

LinkedIn growth from 2008 to the present gives me a feeling of a child growing up in my presence. The rearing process of LinkedIn from 2008 gives a feeling of joy and possessiveness , the same, that I would attach to my children.

I can proudly say that, I learned social media posting etiquettes and disciplines at LinkedIn.

Please go through the interesting infographics.

Thank you.


The infographic below is from nostalgic collection from 2013.

Posted 

Founded in 2003 Linkedin has over 706 million members, 50 million listed companies and is available in 24 languages with members in 200 countries. 43 percent of LinkedIn users are female and 57 percent are male. It is the largest professional network.

Top 45 countries by number of Linkedin members

RankCountryMembers
1United States171,000,000+
2India69,000,000+
3China51,000,000+
4Brazil45,000,000+
5United Kingdom29,000,000+
6France20,000,000+
7Canada17,000,000+
8Indonesia16,000,000+
9Mexico15,000,000+
10Italy14,000,000+
11Spain13,000,000+
12Australia11,000,000+
13Germany10,400,000+
14Turkey9,000,000+
15Netherlands8,330,000+
16The Philippines8,000,000+
17Colombia8,000,000+
18Argentina7,260,000+
19South Africa7,000,000+
20Chile5,000,000+
21Malaysia4,470,000+ 
22Nigeria3,910,000+
23UAE3,710,000+
24Egypt3,550,000+
25Belgium3,500,000+
26Sweden3,430,000+
27Saudia Arabia3,360,000+
28Poland3,170,000+
29Portugal2,910,000+
30Switzerland2,630,000+
31South Korea2,370,000+
32Denmark2,300,000+
33Romania2,280,000+
34Singapore2,260,000+
35Japan2,140,000+
36Taiwan2,050,000+
37Ireland1,740,000+
38Kenya1,740,000+
39New Zealand1,700,000+
40Israel1,670,000+
41Norway1,660,000+
42Hong Kong1,530,000+
43Czech Republic1,330,000+
44Austria1,160,000+
45Finland1,030,000+
User data was calculated using Linkedin search data and Linkedin official resources on about page

Summary of Linked Statistics 2020

  1. Over 706 million total members worldwide
  2. Over 72% of total members are outside of the United States.
  3. 55 job applications submitted every second
  4. 7 seconds between every Linkedin hire
  5. 50 million companies are listed on Linkedin
  6. 189 million+ members in North America
  7. 160 million+ members in Europe
  8. 190 million+ members in Asia
  9. 104 million+ members in Latin America
  10. 61 million+ members in the Middle East and Africa
  11. 20 million open jobs listed
  12. 90k schools listed
  13. Linkedin has over 33 offices and 16,000 employees
  14. Over 11 million+ C-level exec members globally
  15. 5.4 million+ small business owners members globally
  16. IT decision-makers 6.6 million+ members globally

The search trend for Linkedin has more than doubled over the past 10 years according to Google trends.

Linkedin Financials and Info

1. Microsoft paid 26.2 Billion at $196 per share for Linkedin in June 2016.

2. Linkedin has had a 20% year over year growth in FY20.

3. Linkedin generated over 6.7 billion dollars in revenue in 2019

4. Linkedin has tiered pricing for its plans

  • Premium Career $29.99 minimum per month
  • Premium Business $47.99 minimum per month
  • Sales Navigator $64.99 minimum per month
  • Recruiter Lite $99.95 minimum per month

Linkedin Demographic Statistics

1. More than 72% of Linkedin users are from outside the United States.

Outside US Linkedin Members
72%

2. Over 46 million students and recent graduates are on Linkedin

3. According to Statistica43% of Linkedin users are female and 57% are male

4. A breakdown of Internet users in the United States who use LinkedIn based on age by Statistica

  • 15-25 years old: 16%
  • 26-35 years old: 27%
  • 36-45 years old: 34%
  • 46-55 years old: 37%
  • 56+ years old: 29%

5. 29% of males online and 24% of females online use Linkedin according to the Pew research center.

6. 51% of college graduates use Linkedin which is an increase from previous years.

7. Recent data suggests 11% of people 65 or older use Linkedin

Linkedin Content Marketing Statistics and Info

1. There are currently over 50 million companies listed on Linkedin making it a great source for generating leads.

2. Over 92% of B2B marketers use LinkedIn to distribute content making it a top source for lead generation.

3. Linkedin has 15x more content impressions than job postings 57% of those are mobile making it a digital marketing powerhouse.

4. Linkedin has 9 billion content impressions and over 280 billion feed views annually in its userbase. This makes it a key for creating brand awareness for most companies.

5. Content shared across LinkedIn was up nearly 50% year-over-year in June 2020. Companies can also share content directly from their company page on Linkedin.

6. Linkedin had a 4X Year-over-year increase in Learning hours watched in June 2020 with an 89% increase in live streams sinch March 2020 making it a great source for lead generation.

7. 46% of social media traffic to your company site comes from LinkedIn.

8. 80% of B2B marketing leads from social media come through LinkedIn.

9. Linkedin has over 61 million senior-level opinion leaders and 40 Million in decision making positions making it a top spot for generating leads.

10. More than 1 million people are publishing articles on Linkedin as influencers creating quality content.

11. Article titles between 40-49 characters long perform best according to Okdork who analyzed 3000 blog posts

12. Having 8 images in your post is correlated with the most likes, views, shares, and comments.

13. How-to articles and list posts tend to perform the best according to Okdork they also make a point to avoiding creating question posts.

14. 2,000 words plus long-form content performs the best on Linkedin.

15. Content for articles should be written at an 11th grade level with a neutral tone.

16. Thursday is the best day of the week to post your article for the maximum number of views.

17. LinkedIn has stated that page updates which include links may see up to a 45% higher follower engagement compared to updates without links.

18. Members of Linkedin are 20x more likely to share a video on LinkedIn than any other post type

19. A Hubspot study reveals LinkedIn generates close to 3 times more conversions than Facebook or Twitter at 277%.

Linkedin Usage Statistics

1. 99.62% of Linkedin traffic is organic according to Similar web

2. More than 90% of recruiters use Linkedin weekly.

3. Linkedin internal research shows having a profile picture on your personal Linkedin page increases views 14x over profiles with no picture.

4. Over 2 Million small businesses use Linkedin to hire employees

5. Linkedin Traffic by source

  • 71.29% is direct traffic
  • 22.80% is from search
  • 2.51% is from email
  • 2.11% is from referral sites
  • 1.18% is from social
  • 0.10% is from display advertising
Source: Similar Web

6. According to Alexa, LinkedIn users spend an average of 10:35 minutes on the site each day with 8.46 Daily Pageviews per visit, and it ranks #58 in global internet traffic and engagement.

7. Data from Ahrefs shows Linkedin has 19,868,318,606 backlinks and 11,458,407 referring domains with a domain rating of 98. When creating a marketing strategy Linkedin should be near the top of the list.

8. Moz database shows that Linkedin ranks for over 15.7 million keywords in Google. Making it a top destination for marketers creating business-related quality content.

Linkedin Connection Statistics

According to Linkedin’s social media manager guide employees on average have 10 times the connections as their company has followers on LinkedIn.

Data from Linkedin shows the following most connected countries, industries, and job functions by an average number of connections.

The top 5 most connected countries are:

  • UAE with 211 average connections
  • The Netherlands with 188 average connections
  • Singapore with 152 average connections
  • The United Kingdom with 144 average connections
  • Denmark with 143 average connections

Top 5 most connected industries are:

  • Staffing and recruiting with 702 average connections
  • Venture capital and private equity with 423 average connections
  • Human resources with 380 average connections
  • Management consulting with 304 average connections
  • Online media with 303 average connections

Top 5 most connected job functions are:

  • Human resources with 415 average connections
  • Product management with 324 average connections
  • Business development with 283 average connections
  • Marketing with 272 average connections
  • Consulting with 244 average connections

Linkedin Popularity Compared to Other Social Networks

Recent data shows the following percentages of adults who use social media while Linkedin is the top site in the business world it still lags behind other social media platforms.

  • Youtube at 73%
  • Facebook at 69%
  • Instagram at 37%
  • Pinterest at 28%
  • Linkedin at 27%
  • Twitter at 22%
[ data source ]

Additional data shows the demographics usage between Linkedin, Facebook, and Instagram. Linkedin is used slightly more by men worldwide than women though the gap is small.

Members in the range of 30-49 years of age are the largest demographic that use Linkedin.

% of U.S. adults who use each social media platformFacebookInstagramLinkedin
Total69%37%27%
Men63%31%29%
Women75%43%24%
Ages 18-2979%67%28%
30-4979%47%37%
50-6468%23%24%
65+46%8%11%
White70%33%28%
Black70%40%24%
Hispanic69%51%16%
High school or less61%33%9%
Some college75%37%26%
College graduate74%43%51%
Urban73%46%33%
Suburban69%35%30%
Rural66%21%10%
data source ]
[ data source ]

Linkedin vs Xing

Xing has more than 18 million members which is much smaller than Linkedin’s userbase of 706 million. However, Xing’s impact on the European market more prominent. Xing has over 18 million users in the DACH (Germany, Austria, and Switzerland) area while LinkedIn currently has only 15 million.

Linkedin continues to see year over year user growth and with no strong competitors insight, it will continue that trend for years to come.

Thursday, January 5, 2017

Did you know? Facebook knows how much money you make and the stores you shop in! 01-05









 

Facebook already knows a lot about your online activities and you are pretty much aware of it. But a
new media investigation has revealed that the social networking giant buys data on your offline activities without your knowledge.  

The information that Facebook collects can include things like how much money you make, the stores you shop in, and even the number of credit cards you own, according to the investigation by ProPublica.

At the heart of the issue is that the tech giant gives users little indication that it buys far more sensitive data about them than what the social media platform declares it knows.

Facebook uses algorithms to categorise its users in tens of thousands of micro-targetable groups for advertisers.

"Facebook's site says it gets information about its users 'from a few different sources'," ProPublica said in its report on Tuesday.

"What the page doesn't say is that those sources include detailed dossiers obtained from commercial data brokers about users' offline lives. Nor does Facebook show users any of the often remarkably detailed information it gets from those brokers," it added.

"They are not being honest," Jeffrey Chester, Executive Director of the Center for Digital Democracy, was quoted as saying.

"Facebook is bundling a dozen different data companies to target an individual customer, and an individual should have access to that bundle as well," Chester noted.

View at the original source

Tuesday, July 7, 2015

Why the modern world is bad for your brain 07-07

Why the modern world is bad for your brain

In an era of email, text messages, Facebook and Twitter, we’re all required to do several things at once. But this constant multitasking is taking its toll. Here neuroscientist Daniel J Levitin explains how our addiction to technology is making us less efficient




 Daniel J Levitan: ‘When trying to concentrate on a task, an unread email in your inbox can reduce your effective IQ by 10 points.’


Our brains are busier than ever before. We’re assaulted with facts, pseudo facts, jibber-jabber, and rumour, all posing as information. Trying to figure out what you need to know and what you can ignore is exhausting. At the same time, we are all doing more. Thirty years ago, travel agents made our airline and rail reservations, salespeople helped us find what we were looking for in shops, and professional typists or secretaries helped busy people with their correspondence. Now we do most of those things ourselves. We are doing the jobs of 10 different people while still trying to keep up with our lives, our children and parents, our friends, our careers, our hobbies, and our favourite TV shows.

Our smartphones have become Swiss army knife–like appliances that include a dictionary, calculator, web browser, email, Game Boy, appointment calendar, voice recorder, guitar tuner, weather forecaster, GPS, texter, tweeter, Facebook updater, and flashlight. They’re more powerful and do more things than the most advanced computer at IBM corporate headquarters 30 years ago. And we use them all the time, part of a 21st-century mania for cramming everything we do into every single spare moment of downtime. We text while we’re walking across the street, catch up on email while standing in a queue – and while having lunch with friends, we surreptitiously check to see what our other friends are doing. At the kitchen counter, cosy and secure in our domicile, we write our shopping lists on smartphones while we are listening to that wonderfully informative podcast on urban beekeeping.

But there’s a fly in the ointment. Although we think we’re doing several things at once, multitasking, this is a powerful and diabolical illusion. Earl Miller, a neuroscientist at MIT and one of the world experts on divided attention, says that our brains are “not wired to multitask well… When people think they’re multitasking, they’re actually just switching from one task to another very rapidly. And every time they do, there’s a cognitive cost in doing so.” So we’re not actually keeping a lot of balls in the air like an expert juggler; we’re more like a bad amateur plate spinner, frantically switching from one task to another, ignoring the one that is not right in front of us but worried it will come crashing down any minute. Even though we think we’re getting a lot done, ironically, multitasking makes us demonstrably less efficient.

Multitasking has been found to increase the production of the stress hormone cortisol as well as the fight-or-flight hormone adrenaline, which can overstimulate your brain and cause mental fog or scrambled thinking. Multitasking creates a dopamine-addiction feedback loop, effectively rewarding the brain for losing focus and for constantly searching for external stimulation. To make matters worse, the prefrontal cortex has a novelty bias, meaning that its attention can be easily hijacked by something new – the proverbial shiny objects we use to entice infants, puppies, and kittens. The irony here for those of us who are trying to focus amid competing activities is clear: the very brain region we need to rely on for staying on task is easily distracted. We answer the phone, look up something on the internet, check our email, send an SMS, and each of these things tweaks the novelty- seeking, reward-seeking centres of the brain, causing a burst of endogenous opioids (no wonder it feels so good!), all to the detriment of our staying on task. It is the ultimate empty-caloried brain candy. Instead of reaping the big rewards that come from sustained, focused effort, we instead reap empty rewards from completing a thousand little sugar-coated tasks.

In the old days, if the phone rang and we were busy, we either didn’t answer or we turned the ringer off. When all phones were wired to a wall, there was no expectation of being able to reach us at all times – one might have gone out for a walk or been between places – and so if someone couldn’t reach you (or you didn’t feel like being reached), it was considered normal. Now more people have mobile phones than have toilets. This has created an implicit expectation that you should be able to reach someone when it is convenient for you, regardless of whether it is convenient for them. This expectation is so ingrained that people in meetings routinely answer their mobile phones to say, “I’m sorry, I can’t talk now, I’m in a meeting.” Just a decade or two ago, those same people would have let a landline on their desk go unanswered during a meeting, so different were the expectations for reachability.

Just having the opportunity to multitask is detrimental to cognitive performance. Glenn Wilson, former visiting professor of psychology at Gresham College, London, calls it info-mania. His research found that being in a situation where you are trying to concentrate on a task, and an email is sitting unread in your inbox, can reduce your effective IQ by 10 points. And although people ascribe many benefits to marijuana, including enhanced creativity and reduced pain and stress, it is well documented that its chief ingredient, cannabinol, activates dedicated cannabinol receptors in the brain and interferes profoundly with memory and with our ability to concentrate on several things at once. Wilson showed that the cognitive losses from multitasking are even greater than the cognitive losses from pot‑smoking.

Russ Poldrack, a neuroscientist at Stanford, found that learning information while multitasking causes the new information to go to the wrong part of the brain. If students study and watch TV at the same time, for example, the information from their schoolwork goes into the striatum, a region specialised for storing new procedures and skills, not facts and ideas. Without the distraction of TV, the information goes into the hippocampus, where it is organised and categorised in a variety of ways, making it easier to retrieve. MIT’s Earl Miller adds, “People can’t do [multitasking] very well, and when they say they can, they’re deluding themselves.” And it turns out the brain is very good at this deluding business.













































Image credit : Shyam's Imagination Libraary



 ‘Asking the brain to shift attention from one activity to another causes the prefrontal cortex and striatum to burn up oxygenated glucose, the same fuel they need to stay on task.’ Photograph: Alamy

Then there are the metabolic costs that I wrote about earlier. Asking the brain to shift attention from one activity to another causes the prefrontal cortex and striatum to burn up oxygenated glucose, the same fuel they need to stay on task. And the kind of rapid, continual shifting we do with multitasking causes the brain to burn through fuel so quickly that we feel exhausted and disoriented after even a short time. We’ve literally depleted the nutrients in our brain. This leads to compromises in both cognitive and physical performance. Among other things, repeated task switching leads to anxiety, which raises levels of the stress hormone cortisol in the brain, which in turn can lead to aggressive and impulsive behaviour. By contrast, staying on task is controlled by the anterior cingulate and the striatum, and once we engage the central executive mode, staying in that state uses less energy than multitasking and actually reduces the brain’s need for glucose.

To make matters worse, lots of multitasking requires decision-making: Do I answer this text message or ignore it? How do I respond to this? How do I file this email? Do I continue what I’m working on now or take a break? It turns out that decision-making is also very hard on your neural resources and that little decisions appear to take up as much energy as big ones. One of the first things we lose is impulse control. This rapidly spirals into a depleted state in which, after making lots of insignificant decisions, we can end up making truly bad decisions about something important. Why would anyone want to add to their daily weight of information processing by trying to multitask?

In discussing information overload with Fortune 500 leaders, top scientists, writers, students, and small business owners, email comes up again and again as a problem. It’s not a philosophical objection to email itself, it’s the mind-numbing number of emails that come in. When the 10-year-old son of my neuroscience colleague Jeff Mogil (head of the Pain Genetics lab at McGill University) was asked what his father does for a living, he responded, “He answers emails.” Jeff admitted after some thought that it’s not so far from the truth. Workers in government, the arts, and industry report that the sheer volume of email they receive is overwhelming, taking a huge bite out of their day. We feel obliged to answer our emails, but it seems impossible to do so and get anything else done.

Before email, if you wanted to write to someone, you had to invest some effort in it. You’d sit down with pen and paper, or at a typewriter, and carefully compose a message. There wasn’t anything about the medium that lent itself to dashing off quick notes without giving them much thought, partly because of the ritual involved, and the time it took to write a note, find and address an envelope, add postage, and take the letter to a mailbox. Because the very act of writing a note or letter to someone took this many steps, and was spread out over time, we didn’t go to the trouble unless we had something important to say. Because of email’s immediacy, most of us give little thought to typing up any little thing that pops in our heads and hitting the send button. And email doesn’t cost anything.

Sure, there’s the money you paid for your computer and your internet connection, but there is no incremental cost to sending one more email. Compare this with paper letters. Each one incurred the price of the envelope and the postage stamp, and although this doesn’t represent a lot of money, these were in limited supply – if you ran out of them, you’d have to make a special trip to the stationery store and the post office to buy more, so you didn’t use them frivolously. The sheer ease of sending emails has led to a change in manners, a tendency to be less polite about what we ask of others. Many professionals tell a similar story. One said, “A large proportion of emails I receive are from people I barely know asking me to do something for them that is outside what would normally be considered the scope of my work or my relationship with them. Email somehow apparently makes it OK to ask for things they would never ask by phone, in person, or in snail mail.”

There are also important differences between snail mail and email on the receiving end. In the old days, the only mail we got came once a day, which effectively created a cordoned-off section of your day to collect it from the mailbox and sort it. Most importantly, because it took a few days to arrive, there was no expectation that you would act on it immediately. If you were engaged in another activity, you’d simply let the mail sit in the box outside or on your desk until you were ready to deal with it. Now email arrives continuously, and most emails demand some sort of action: Click on this link to see a video of a baby panda, or answer this query from a co-worker, or make plans for lunch with a friend, or delete this email as spam. All this activity gives us a sense that we’re getting things done – and in some cases we are. But we are sacrificing efficiency and deep concentration when we interrupt our priority activities with email.

Until recently, each of the many different modes of communication we used signalled its relevance, importance, and intent. If a loved one communicated with you via a poem or a song, even before the message was apparent, you had a reason to assume something about the nature of the content and its emotional value. If that same loved one communicated instead via a summons, delivered by an officer of the court, you would have expected a different message before even reading the document. Similarly, phone calls were typically used to transact different business from that of telegrams or business letters. The medium was a clue to the message. All of that has changed with email, and this is one of its overlooked disadvantages – because it is used for everything. In the old days, you might sort all of your postal mail into two piles, roughly corresponding to personal letters and bills. If you were a corporate manager with a busy schedule, you might similarly sort your telephone messages for callbacks. But emails are used for all of life’s messages. We compulsively check our email in part because we don’t know whether the next message will be for leisure/amusement, an overdue bill, a “to do”, a query… something you can do now, later, something life-changing, something irrelevant.

This uncertainty wreaks havoc with our rapid perceptual categorisation system, causes stress, and leads to decision overload. Every email requires a decision! Do I respond to it? If so, now or later? How important is it? What will be the social, economic, or job-related consequences if I don’t answer, or if I don’t answer right now?




 ‘Because it is limited in characters, texting discourages thoughtful discussion or any level of detail, and its addictive problems are compounded by its hyper-immediacy.’ 

Now of course email is approaching obsolescence as a communicative medium. Most people under the age of 30 think of email as an outdated mode of communication used only by “old people”. In its place they text, and some still post to Facebook. They attach documents, photos, videos, and links to their text messages and Facebook posts the way people over 30 do with email. Many people under 20 now see Facebook as a medium for the older generation.

For them, texting has become the primary mode of communication. It offers privacy that you don’t get with phone calls, and immediacy you don’t get with email. Crisis hotlines have begun accepting calls from at-risk youth via texting and it allows them two big advantages: they can deal with more than one person at a time, and they can pass the conversation on to an expert, if needed, without interrupting the conversation.

But texting suffers from most of the problems of email and then some. Because it is limited in characters, it discourages thoughtful discussion or any level of detail. And the addictive problems are compounded by texting’s hyperimmediacy. Emails take some time to work their way through the internet and they require that you take the step of explicitly opening them. Text messages magically appear on the screen of your phone and demand immediate attention from you. Add to that the social expectation that an unanswered text feels insulting to the sender, and you’ve got a recipe for addiction: you receive a text, and that activates your novelty centres. You respond and feel rewarded for having completed a task (even though that task was entirely unknown to you 15 seconds earlier). Each of those delivers a shot of dopamine as your limbic system cries out “More! More! Give me more!”

In a famous experiment, my McGill colleagues Peter Milner and James Olds, both neuroscientists, placed a small electrode in the brains of rats, in a small structure of the limbic system called the nucleus accumbens. This structure regulates dopamine production and is the region that “lights up” when gamblers win a bet, drug addicts take cocaine, or people have orgasms – Olds and Milner called it the pleasure centre. A lever in the cage allowed the rats to send a small electrical signal directly to their nucleus accumbens. Do you think they liked it? Boy how they did! They liked it so much that they did nothing else. They forgot all about eating and sleeping. 

Long after they were hungry, they ignored tasty food if they had a chance to press that little chrome bar; they even ignored the opportunity for sex. The rats just pressed the lever over and over again, until they died of starvation and exhaustion. Does that remind you of anything? A 30-year-old man died in Guangzhou (China) after playing video games continuously for three days. Another man died in Daegu (Korea) after playing video games almost continuously for 50 hours, stopped only by his going into cardiac arrest.

Each time we dispatch an email in one way or another, we feel a sense of accomplishment, and our brain gets a dollop of reward hormones telling us we accomplished something. Each time we check a Twitter feed or Facebook update, we encounter something novel and feel more connected socially (in a kind of weird, impersonal cyber way) and get another dollop of reward hormones. But remember, it is the dumb, novelty-seeking portion of the brain driving the limbic system that induces this feeling of pleasure, not the planning, scheduling, higher-level thought centres in the prefrontal cortex. Make no mistake: email-, Facebook- and Twitter-checking constitute a neural addiction.