Alert Blog Reviews

Facebook has drubbed MySpace on almost all fronts—in the media, with users, in growth, in traffic—except ad revenue. But expect that to change next year, according to eMarketer : “It will surpass its former rival, MySpace, in ad revenues in 2010, when marketers worldwide will spend $605 million on Facebook versus $385 million on MySpace.” The projections for next year show MySpace on a downward trend, falling from $490M worldwide this year to $385M next year. Facebook on the other hand is still climbing: from from $435M this year to over $600M next year. Meanwhile, overall social network ad spending is going up. eMarketer predicts 7.1% growth for total ad spend next year, bringing the total to almost $1.3B. Although they initially expected 2009 to see a downturn in revenue, now the stats show 3.9% growth over last year. Back in September, we saw that 20% of all online advertising was on social networks , with MySpace slightly leading Facebook (9.2% to 8.2%). I suppose we can expect the social share of online advertising to continue to grow—but not MySpace’s. The biggest factor contributing to Facebook’s revenue growth this year, according to ClickZ , is its growth. They reached 200M users in April —and just five months later, they’d added another 100M users . Now at 350M active users, Facebook has doubled in size since February of this year. Yeah, I’d say that would drive some revenue growth. What do you think? Will Facebook really pass MySpace? How has MySpace been able to retain its revenue lead for so long?

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Facebook Set to Pass MySpace Revenue Ahead of Schedule

I don’t quite ever remember a social network that I at first so loved, and then ultimately, so hated. Fortunately, the bad taste left in my mouth by MyBlogLog will likely go away at the beginning of the year–according to rumors that Yahoo will shutter the service. MyBlogLog had so much potential as a network that connected bloggers with their readers. So much, in fact, that Yahoo bought the company back in January 2007 . The ink was barely dry on the contract when the service simply started sucking: Removing MyBlogLog Widget – Too Slow Today MyBlogLog Reacts to Boycott, Reinstates Shoemoney MyBlogLog a Bunch of Schmoes? Forget Google, Now MyBlogLog Adds Friends without Your Consent That’s just a summary–and doesn’t include the now infamous event where a former Yahoo employee got egg on his face. You can argue that MyBlogLog suffered because of better solutions from Google and Facebook, but in the end, I believe the company’s former co-founder Eric Marcoulier hits the nail on the head: “So much of your company’s long term success when it’s acquired is based on the amount of executive juice it has. The only way it survives and flourishes is if you have an executive champion who promotes it internally. Shortly after we were acquired we were transferred away from our champion and under someone who didn’t feel the same way about MyBlogLog. In those circumstances, things simply slow down.” Or completely suck. I wonder how many other Yahoo products have suffered the same fate?

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MyBlogLog to Become NoBlogLog?

We’re in a new age now. As social media networks, particularly Twitter, become adopted by the mainstream media and corporate marketing firms, we’re seeing an evolution in the way that products are launched. Some might say that this is nothing new, that marketing has always been about capturing the current buzz machines and playing them to your needs, but I disagree. The difference between marketing methods of old and social media marketing is that customers have a say. The success of a social media campaign is dependent not upon how much money is spent, but upon the people being marketed to. If the message works and they like the product, the masses will Tweet it to the rest of the masses. If it doesn’t, the campaign might not even get past the initial push, and will likely spiral into oblivion. It’s All about the People There’s one factor that you can’t control, and that’s people. Knowing that, you have to make the most of what you can control, which are the tools at your disposal. In this case, we’ll be talking Twitter, but it also works for Twitter, Facebook, Email Marketing, and video. So how can you use Twitter for a product launch? Well, there are the obvious methods, such as using the TweetMeme plugin on your blog and product pages. People love to click these because it’s so simple, and I’m really amazed when I find a blog that doesn’t use it. Forcing Your Hand Another option is to create your own banner, with a built in link pointing to your launch page. Again, this works well because people can simply click and go…there’s no work involved. My friend Mike and I implemented this recently for our launch and within just a few days have noticed a huge difference in the buzz around our product. But just creating the banner might not be enough. If you want to create a contest or track the amount of ReTweets, you’ll need a hashtag or custom URL. We created both, so that we could track each message that we create. This is an example of setting a control, so that you can not only track the results, but split-test what works best. If one hash tag isn’t working well, you can try another. If one of your URL’s isn’t seeing the amount of on-page action that you’d like, you can adjust your copy to fix it. Real Time Tracking Once you have your campaign in place, and you’ve set the parameters, you need to find a way to track the activity. This is where Twitter Search comes in quite handy. However, since I’m not a huge fan of Twitter’s interface, I prefer to use clients like Tweet Deck or Seesmic to create custom searches. Of course, I’ll create a panel for my hashtag and possibly my URL, but I don’t stop there. The next step is to set up a Google Alert, using those same queries, so that you can catch any instances that Twitter Search might miss. This also allows you to capture the activity of sites like Topsy, which republish popular Tweets. Although Twitter Search will capture most of your action, Google Alerts will pick up the stragglers for you. Real Time Display Lastly, if you really want to take advantage of Twitter to capture the buzz and hype around your product launch, then it’s time to show the world what everyone is saying. You can do this easily by creating a custom search (they call them groups) in Tweetizen and then embedding the results on sales and contest pages. This does a number of things for you: It provides social proof It creates scarcity, which is a great way to capture a buyer’s attention It creates a sense of belonging when people see their name in the results I’ve seen a number of products use this recently, and even as someone that’s used to seeing this sort of thing, I was impressed by the sense of belief I had when viewing the results. The Total Package If you implement these techniques in your launch, you’ll have a set of controls that you can test and manipulate, which will help you know very quickly if your launch is going to be a hit. If you don’t see the activity you were hoping for, then you can either adjust your campaign or scrap it for another. If you pull it off, and the launch builds momentum, then you might get lucky enough to make the Twitter Trends list or get featured on a social media blog, like Mashable. The great thing about strategies like this, is that you don’t need any cash to get started, yet you can compete with anyone on the Web. Now that’s power. © 2008 TwiTip Twitter Tips . How to Use Twitter for a Product Launch

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How to Use Twitter for a Product Launch

I know us Americans tend to view the entire world from our point of view, so it’s easy for us to think that the entire world rotates around Facebook and Twitter. Not so! Vincenzo Cosenza has compiled a world map of social networks–highlighting which networks are the most popular in each country. As you can see, head to Brazil and you’ll find Google’s Orkut thriving. Take a trip to Russia and you’ll see Facebook clone Vkontakte holding firm. I was able to find a similar map from June 2007. It’s easy to see just how quickly Facebook is taking over the world: PS. If you prefer tabled data, here’s the 2009 breakdown: ( via )

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Want to See the Most Popular Social Networks in the World? There’s a Map for That!

Back in July, Facebook was challenged by the Canadian government about some privacy concerns around third party apps and information shared that was taken about users. Many wondered how the social media giant would handle the situation. Would they thumb their nose at the information police? Would they stand up to the Canucks? Well, that was answered in August when they folded like a cheap card table and rewrote their policies to meet Canadian concerns . Well, if that was a precedent then the folks who run the Facebook Legal team fan page (Is there really one of these? I just made that up) are about to get real busy. You see there are several privacy groups who are up in arms about the latest privacy policies handed down by Zuck and the boys. According to the WSJ’s MarketWatch Ten privacy and consumer groups announced Thursday they’ve filed a complaint with the U.S. Federal Trade Commission alleging that Facebook Inc.’s privacy-policy changes violate federal law. The Electronic Privacy Information Center said in a statement that it and nine other groups are urging the FTC “to open an investigation into the recent changes made by Facebook … and to require Facebook to restore privacy safeguards.” These kinds of things usually sound a lot worse when they are first brought to light. Ok, so let’s stand in Facebook’s shoes and let this one sit for a second and let the scariness of the FTC (Federal Trade Commission) being called on to investigate your company’s privacy policies go away. Hmmm. Doesn’t seem to be working this time. Why? Well, because this could be a real serious deal for Facebook. They went from cruising along and just gathering more and more steam in their quest to become a money making machine to now being a social media whipping boy……again. While what they have been accused of lately (breaking a valued trust with their users by making their information, all of it, public unless opted-out) isn’t sleazy on a Tiger Woods like level, it is a serious issue. That’s not good. Now add on the possibility of the US government (you know the one that thinks it can do everything for everyone so no one needs to think for themselves anymore) being asked by not one but 10 privacy advocates to take a look at your policies. There probably were happier endings envisioned by the Facebook folks on this one, like huge profits from data being available to mine and sell. EPIC said in its statement that the service “should not be allowed to turn down the privacy dial on so many American consumers,” adding that the changes “violate federal consumer-protection law.” As they say in some parts of the world “Them thar is fightin’ words!” Of course Facebook has something to say about all of this. In a statement, a Facebook spokesman said: “We’ve had productive discussions with dozens of organizations around the world about the recent changes, and we’re disappointed that EPIC has chosen to share their concerns with the FTC while refusing to talk to us about them.” The spokesman, Andrew Noyes, also said that Facebook discussed its privacy program with regulators “including the FTC” prior to its launch. Well, shame on EPIC for telling on Facebook after the company worked so hard to grease the skids to prevent this very thing from happening. By the way, how productive a meeting is can be pretty subjective. In other words, there is no mention of groups endorsing what Facebook did, just a statement that they met and talked. Look this may turn out to be a non-issue. The FTC may decide to not act on the request of these groups but it might be hard for them to do so. Of course, with Facebook letting the world know that they spoke to the FTC before this move was made may make some wonder just what kind of ‘agreements and understandings’ may have been reached. Whatever they were, they may now be null and void if there is enough of a stink raised. So what looked like a pretty strong year for Facebook may end on a sour note. They’ll get over though just like they did with Beacon. Apparently that gaffe was either forgotten or it’s the policy of the company to see just what it can get away with until someone slaps their hands or slaps them with an investigation. Your thoughts? Pilgrim’s Partners: SponsoredReviews.com – Bloggers earn cash, Advertisers build buzz!

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Facebook’s Privacy Policy Produces Plea to FTC

So you are bit.ly and you just suffered through the announcement that your already crowded area of the Internet space has been sat on by the 800 pound Google gorilla with their announcement of the arrival of their own URL shortening service . That can make for a rough day. Sure competition is a good thing because all ships rise with a rising tide. Google makes those tides rise so fast sometimes though that the little ships get tossed in the air and don’t always land well. Well, bit.ly is trying to do its part in making the URL shortening industry a little more interesting. They have announced their new Pro service. One wonders if they needed to announce it a little more hastily than anticipated considering the new “Google’s in the URL shortening house!” scenario. At any rate they are offering a chance for users to provide customized / personalized / whatever-ized shortened URL’s for those looking t stand out from the crowd. Their blog’s description goes a little something like this : As part of our initial beta program, we’re making custom URLs available to a limited number of large and medium-sized Web publishers and bloggers, including AOL, Associated Content, Bing, Clicker, The Daily Telegraph, foursquare, GDGT, Hot Potato, The Huffington Post, IGN, kickstarter, Meebo, MSN, /Message (Stowe Boyd), The New York Times, OMGPOP, oneforty.com, The Onion, slideshare, someecards, TechCrunch, The Wall Street Journal Digital Network — which includes WSJ.com and MarketWatch.com — and blogger Baratunde Thurston (baratunde.com). Users and publishers benefit from the additional transparency that this private-label service provides. When you see a short URL like nyti.ms, you know the destination web site before clicking on the link. OK, good if you are one of the big boys. Goes on the wish list of most others. In addition the service is introducing a new dashboard as well. Go check out the picture at their blog which has itty-bit.ly print for you to strain over. The readable words from bit.ly about the dashboard are We’re also excited to be introducing a unique real-time dashboard that will provide publishers with even more information about their bit.ly traffic. It’s a real-time view of how a given publisher’s content is being distributed across networks like Twitter, Facebook, and MySpace and services like email, SMS, and instant messenger. Now, I have to admit that this is cool. It’s fun to see this kind of innovation from someone other than the big names. I can’t help but wonder though just how long this kind of innovation will be available now that Google has entered the space. I have been a fan of Google for quite some time but it is starting to feel a little too ‘big brotherish’ at times. When Google talked about the 3 S’s of their URL shortening service (security, stability and speed) all I could think about is the speed with which they are going to take all of the air out of the room for the little guy in this space and determine who may be allowed to stick around. What if Twitter decides to remove bit.ly as their default URL shortener and creates Twi.tr for their own branding purposes? There may be too much muscle for a player like bit.ly to stick around no matter how much innovation they provide. Am I overreacting here? I’m sure you will let me know because that’s your job here at Marketing Pilgrim. Let’s hear it.

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A bit.ly of Interesting News

AOL continues to travel into the brave new world that it is venturing into as the lines have been cut that once attached it to TimeWarner. Of course, there will be a lot of scrutiny which often leads to criticisms but that’s just part of doing business. Another part of doing business as a solo act is to make sure that you lean more toward ‘lean and mean’ which may mean trying to shed some business units that are not going to be helping AOL address its core competencies (which is another matter seeking clarity so feel free to chime in if you are from AOL). TechCrunch is reporting that ICQ, which was purchased by AOL back in the Roaring 90’s (I am not even sure that term makes any sense but I am sticking with it) is getting attention from Google and DST (Digital Sky Technologies) whose biggest splash in ’09 was giving more money to Facebook . ICQ, which AOL acquired in 1998 for $400 million, has 33 million worldwide monthly users, according to Comscore. But 8.3 million of those are in Russia, where it hold the no. 1 spot for instant messaging. That explains DST’s interest. It also explains some of Google’s interest as they struggle to get a proper foothold in that market. We concentrate heavily on the Internet marketing world for the English speaking world but the growth for companies like Google etc are in the large international audiences. Consider that Google has introduced 38 new search products over the last 70 days and language translation is heavily featured. Of course there would be significant interest in acquiring a ‘ready made’ audience in Russia. Is DST thinking the same way for Facebook? Why not, especially when the rumored price for ICQ and its users was somewhere north of $250 million but not likely anywhere near its price of 11 years ago. It could be a true bargain. . As with many business activities timing is an important part of the measure of success or failure. Since AOL is in a position to move ICQ and please its shareholders the timing may be right for a little showdown at the Siberian Corral between DST and Google. Interesting: yes or nyet?

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From Russia, With Chat?