Tag - myspace

Twitter: it's not about size, it's about reach

I saw this story on a Hollywood news site earlier today. It’s basically an article dissing Twitter for not being as big or effective a marketing vehicle as some have cracked it up to be:

Why was everyone in the movie business so excited about Twitter? Probably because of its potential, more than anything. The speed and the scale of word-of-mouth on Twitter seemed to manifest a terrifyingly powerful tool, one in which Hollywood was unprepared for.

The actual reality has been something less.

Surveying 1,500 moviegoers last September, research firm OTX found that as a source for word-of-mouth about films, Twitter actually lagged far behind rival social-streaming platforms such as Facebook and MySpace, as well as just basic interaction with family, friends and co-workers.

via The Twitter Effect Isn’t What Hollywood Thought | TheWrap.com.

But the article misses the point. Right now, and for all of its life to date, Twitter has not been the biggest social network, or social news network, or news sharing space … whatever you want to call it.

But Twitter has two things going for it:

  1. You saw it first here
    Twitter is where news breaks … it’s always on Twitter first, before it’s on any other social network, or most news sites.
  2. Reach is more than size
    How many people you reach is much more important than the simple size your network. If you’re connected with just 5 people, but each of them re-tweets your messages to 500 more … you have a lot of reach. Because of this viral nature that is fundamentally different than Facebook or MySpace … Twitter users have far more potential (and in many cases actual) reach.

The potentially confusing thing is that a large art of that reach is actually on Facebook, MySpace, and other social platforms … because many Twitter users will allow their updates to flow through the internet to all their other online accounts. I personally get far more comments on Facebook on my Twitter postings than I do on Twitter … so anyone who heard of something from me probably heard it “on Facebook,” even though it was originally posted on Twitter.

So while I’m not trying to be a Twitter apologist or fanboy … there are some significant factors to consider when estimating the value of interacting in the various forms of social media.

The rise and fall of MySpace

It was also becoming clear that, unlike many other internet sensations, MySpace could earn its keep. Within 15 months of the acquisition, revenues had leapt from about $1m a month to $50m a month: half came from advertising sold by the new sales team that News Corp had installed, the rest from the Google deal. As advertisers rushed to target the site’s rapidly expanding audience, offices were opened in Japan, South Korea, China, while a free music service was launched at considerable expense.

But by the beginning of 2008, things began to sour. Facebook, a rival social network that was simpler and easier to use, was gaining momentum and starting to grow more quickly than MySpace. Murdoch confidently told the world that MySpace would make $1bn in advertising revenues in 2008 – but the company missed its target. Users began to desert the site, which had become cluttered with unappealing ads for teeth straightening and weight-loss products. News Corp executives could hardly hide their displeasure, and in April this year, DeWolfe left, closely followed by most of his senior management team.

via FT.com / Reportage – The rise and fall of MySpace.

LinkedIn, Facebook, MySpace in metaphor

He’s hardly an unbiased source, but I like how the new CEO of LinkedIn defines three of social networking’s heavyweights:

“LinkedIn is the office, Facebook is the barbecue in the backyard, and MySpace is the bar,” says Hoffman, referring to the three major social-networking sites battling it out for millions of consumers and billions of dollars in online ads.

Rings true with me.

LinkedIn is where I connect with business professionals, contacts, co-workers, and partners. Facebook is for friends, acquaintances, and old classmates. MySpace … I’m not sure if I remember my MySpace login information. (Perhaps that says something about me as a married 30-something with kids!)

By the way, if you’d like to connect with me on LinkedIn … please feel free!

I hated MySpace; now I hate Facebook

So I got an account on Facebook a couple of weeks ago.

It’s protection – in the personal SEO era, you need to lock up accounts on popular services with your actual name. Amazingly enough, I’m John Koetsier on Facebook.

After being on the service for all of about 25 days, I’ve already formed some conclusions:

  1. Facebook is the anti-MySpace
  2. MySpace is gaudy and busy; Facebook is boring
  3. MySpace is full of ads; haven’t seen many on Facebook
  4. MySpace is web 1.0; Facebook is web 1.0 too. Only difference: it’s designers weren’t on LSD
    (I know, I know Facebook is doing all kinds of API deals, I know, I know, it’s a platform now … blah, blah, blah. I’m talking about the visual feel, the scent you get from using it. It’s all been done so, so, so many times, and it’s all very 1.0)

  5. MySpace was programmed by Hammy, the hyperactive squirrel in Over the Hedge, and few things work as advertised; Facebook actually works, which is good, but still does stupid stuff.

Case in point: check out this screenshot from the homepage of Facebook …
facebook.png

Facebook wants me to give it access to my online email so that it can check if any people that I sent messages to and from are also on Facebook … it’s an auto-friend feature.

Cool? Uncool.

I don’t have a Hotmail address. Or a Yahoo, MSN, AOL address. I don’t know too many self-respecting technically-proficient over-20 people do. (I have a Gmail account, but that’s mostly for subscriptions and possibly spammy stuff.)

So the feature is useless to me. But can I get rid of it? Can I edit it? Can I dismiss it? No, no, no.

So every visit to the boring uninspired homepage of Facebook is punctuated by the uselessness to me of the largest element on the page.

And that’s just annoying.

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