Archive for February, 2010

Yahoo Partners with Twitter

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Yahoo has formed a partnership with Twitter to help boost the company’s social features. With this partnership, users will be able “to view the short, 140-character messages created by Twitter users, dubbed Tweets, directly within Yahoo sites as well as to publish their own Twitter messages without leaving Yahoo.”

Yahoo also plans to display a live stream of Tweets within other online properties including its email service and sites devoted to sports, entertainment and finance later this year.

[via Yahoo]

Twitter: 50-Million Tweets Per Day

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That’s right, Twitter now processes 50-million tweets per day, and approximately 1.5-billion tweets per month. This data comes from Twitter itself, as “Royal Pindom was measuring 27 million Tweets a day back in November, 2009.” Continue reading for a visualization video that “uses Twitter searches for phrases like ‘just landed in’, ‘arrived at’ to create a real time trend of movement based on social networking information.”

What Twitter doesn’t say is how many of its users are responsible for those 50 million Tweets, or on average how many Tweets a day comes from each user.

The Whys of Social Media: Facebook

Okay, let’s continue our series of the “whys” of social media.

This series assumes the following scenario: Your website is in order. Your brand is consistent. Your offers are converting. Your conventional media is efficiently deployed. Now, you have the time to explore what social media might do for your marketing. Or you’ve been told, point blank, to find out.

Given that, why would you engage with one social media outpost over the next? About a month ago, we covered Twitter. This week, we’ll cover the 800-lb gorilla of the space: Facebook.

Facebook
facebookFacebook is the juggernaut. 300 million members strong, with an app platform that boasts some of the most successful social games on the planet, and an advertising network that is beginning to generate a profit.

Seems like a likely space to reach out and engage prospects, doesn’t it?

Well, in short: maybe. The thing to remember about Facebook is that people are there to meet, interact with, and keep up with the friends they like and the causes they believe in. It’s not a place where people are allowed to hide behind aliases. It’s not a place where a brand can pretend to be a person. In Facebook, everything is tightly controlled–and most of its users like it that way, because their news feed is one of the most important aspects of their day. And they don’t take kindly to it being overrun by overtly commercial messages.

So . . . why would you want to get into Facebook?

There are a myriad of opportunities. Here are just a few.

To connect with fans.
If you already have fans–in other words, you’re an entertainment property, or a niche company with a rabid group of followers–you should set up a Facebook fan page. It’s going to be one of the best ways to aggregate your fans and give you a direct way to talk to them. But don’t think your responsibility ends at the fan page setup: fans want to hear what you’re doing, and what you’re planning, on an ongoing basis. Fans will ask questions, and they’ll expect answers. And fans sometimes get rowdy. So expect to spend some time managing your fan page.

To create a truly useful or entertaining app. Facebook’s apps platform allows you to create embeddable applications that reach out to friends through the power of the Facebook database. This has fueled some spectacular successes, most notably that of Zynga, a social game provider which has eclipsed every MMO, or “massively multiplayer online game”, in a few short months on Facebook. But beware: there are hundreds of thousands of apps. Unless yours is truly useful or entertaining, it’ll end up on the app scrapheap in short order. What can you do for people that nobody else can–and you’re comfortable with offering for free? If you have an answer to that question, it may be time to develop a Facebook app.

To simply advertise. Often overlooked is Facebook’s ad platform. Facebook ads can be micro-targeted to reach hyper-specific segments of the population. Want to reach only fans of The Family Guy? No problem. Want to target all the iPod Touch owners? Sure. This opens the opportunity for extremely specific offers that drive excellent results. Best of all, Facebook ads run at less than $1 CPM or CPC.

To run contests or sweepstakes. Social contests are great ways to build a contact base, and spread the word about your company. Facebook has a well-integrated contesting platform that makes running contests relatively simple and painless. Beware, however, of becoming a contest-only company.

To get meaningful feedback. Create a Facebook group to have greater interaction with your customers and prospects, use simple polling tools to get a read on what you’re doing, and invite a select group to preview products. Facebook’s demo is broad enough that this kind of ad hoc research is surprisingly accurate when compared to “the real thing.”

However, you may notice that we didn’t say Facebook was a great place to set up a fan page and wait for thousands of fans to simply show up. And that’s absolutely true. “Build it and they will come” hasn’t ever worked, and it doesn’t work on Facebook either.

But if you take the time, and build the base, Facebook can be a great place to launch your company into effective social media.

Yahoo-Microsoft Search Deal – What Does It Mean to You?

I reported Last week that the Yahoo and Microsoft search deal has been approved in the US and Europe. Microsoft will supply all results seen when searching Yahoo, for both paid and natural listings. Obviously there are huge technological issues to work through, but if all goes as planned, the partnership could be visible to consumers as soon as late 2010. Yahoo and Microsoft have also setup a site to explain the partnership in more detail.

So, what does this change mean for your business?

Yahoo and Microsoft currently combine for a little under 30% of the search market. Individually they don’t come close to challenging Google, but combined, they represent a sizable portion of the market. If you have been focusing your SEM and/or SEO efforts solely on Google, it may now be time to start paying attention to Yahoo/Microsoft.

It remains to be seen if this partnership will be able to steal a share of the search market from Google. Even at 30%, if you aren’t including Yahoo/Microsoft in your SEM and SEO plans, you could be missing out on a significant number of customers. This partnership makes reaching the non-Google searchers much more efficient for advertisers.

Microsoft and Yahoo Form Search Alliance

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It’s official, Microsoft and Yahoo have formed a search alliance. What this means is that “search ad inventory from Yahoo!, Microsoft, and their respective partners will be combined into a new unified search marketplace, giving advertisers of all sizes access to a combined audience of nearly 577 million searchers worldwide.”

Our aim is a high quality transition of advertisers and partners in at least the US prior to the 2010 holiday season. However, we may wait until 2011 if we determine this will be more effective.




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