{"id":2998,"date":"2009-03-11T21:51:44","date_gmt":"2009-03-12T04:51:44","guid":{"rendered":"http:\/\/www.web-strategist.com\/blog\/2009\/03\/11\/weekly-digest-of-the-social-networking-space-march-11-2009\/"},"modified":"2009-03-12T05:05:14","modified_gmt":"2009-03-12T12:05:14","slug":"weekly-digest-of-the-social-networking-space-march-11-2009","status":"publish","type":"post","link":"https:\/\/web-strategist.com\/blog\/2009\/03\/11\/weekly-digest-of-the-social-networking-space-march-11-2009\/","title":{"rendered":"Weekly Digest of the Social Networking Space: March 11, 2009"},"content":{"rendered":"<p><center><a href=\"http:\/\/www.web-strategist.com\/blog\/category\/digest\/\" title=\"Photo Sharing\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/farm2.static.flickr.com\/1015\/1276273363_74359af1c1_o.gif\" width=\"480\" height=\"98\" alt=\"digest3\" \/><\/a><\/center><\/p>\n<p>I&#8217;m respecting your limited time by publishing this weekly digest on the Social Networking space, which I cover as an industry analyst. By creating this digest (I started this over a year ago) it really helps me to stay on top of the space I cover.<\/p>\n<p>I&#8217;ve created a new category called <a href=\"http:\/\/www.web-strategist.com\/blog\/category\/digest\/\">Digest (view archives)<\/a>. Start with the Web Strategy Summary, then quickly scan the succinct and categorized headlines, read text for my take, and click link to dive in for more.  <\/p>\n<p>Subscribe to this blog in your <a href=\"http:\/\/feeds.feedburner.com\/WebStrategyByJeremiah\">feedreader<\/a>, or use the email subscription box in the right column.  Or you can <a href=\"http:\/\/feeds.feedburner.com\/WebStrategyByJeremiahOwyangSocialMediaWebMarketingDigest\">subscribe to this <em>digest <\/em>tag<\/a> only and not receive my other posts.<\/p>\n<blockquote><p><strong>Web Strategy Summary<\/strong><br \/>\nFacebook launches redesign, indicates that the web is moving faster to real time with Twitter-like features.  Social Networks grow in online activity, it&#8217;s becoming a mainstream activity. Jive made a lot of noise with their new product launch (Social Business Software) yet the market needs to see the product &#8211;beyond vapor.  <\/p>\n<hr>\n<p><strong>Redesign: Facebook becomes more real time<\/strong><br \/>\nFacebook does a redesign (<a href=\"http:\/\/blog.facebook.com\/blog.php?post=59195087130\">read the pronouncement<\/a>), <a href=\"http:\/\/www.techcrunch.com\/2009\/03\/04\/facebooks-response-to-twitter\/\">and makes it real time<\/a>, you can see a variety of screenshots, <a href=\"http:\/\/www.businessinsider.com\/screenshots-of-facebooks-new-real-time-homepage-2009-3\">all showing the real-time life streaming features<\/a>.  They are clearly watching what Friendfeed and Twitter are doing.<\/p>\n<p><strong>Usage: Social Networks 4th most popular online activity.<\/strong><br \/>\nNielsen Online shows that: Social networks and blogs are now the 4th most popular online activity ahead of personal email, Member communities are visited by 67% of the global online population, time spent is growing at 3 times the overall internet rate, accounting for almost 10% of all internet time, <a href=\"http:\/\/server-uk.imrworldwide.com\/pdcimages\/Global_Faces_and_Networked_Places-A_Nielsen_Report_on_Social_Networkings_New_Global_Footprint.pdf\">PDF, Nielsen Online, March<\/a> <\/p>\n<p><strong>Launch: Jive attempts to redefine a category, yet where&#8217;s the product?<\/strong><br \/>\nJive has launched a new major version of their platform called <a href=\"http:\/\/gobigalways.com\/jive-launches-the-next-big-enterprise-application-category\/\">Social Business Software (SBS)<\/a> software which is intending to redefine this space as a new category for enterprise software.  Will they succeed?  It depends if customers are ready to adopt this phrasing &#8211;I&#8217;ll be watching.  I want to get a product demo &#8211;beyond slides then I&#8217;ll blog some of my findings.  Update: Scoble has a video interview with Dave the CEO, <a href=\"http:\/\/www.youtube.com\/watch?v=6QnpkImbux4&#038;feature=channel\">see part 1<\/a> and <a href=\"http:\/\/www.youtube.com\/watch?v=P76E7SPkWRo&#038;feature=channel_page\">part 2<\/a>. First video focuses on the famed tattoo.<\/p>\n<p><strong>Economy: Social Networks help cash strapped firms and brands<\/strong><br \/>\nForbes indicates that companies, marketers and PR professionals that want their money to go the distance <a href=\"http:\/\/www.forbes.com\/2009\/03\/06\/wpp-public-relations-markets-equity_communications.html\">are looking at social networks<\/a>.<\/p>\n<p><strong>Ads: Social Networks should couple with Oscars<\/strong><br \/>\nInteresting thought piece by CEO of Nielsen Online who suggests that social network adoption goes mainstream &#8211;esp during <a href=\"http:\/\/www.adweek.com\/aw\/content_display\/community\/columns\/other-columns\/e3i7362e28f2f885808af3708a7df985c88\">Oscars, giving advertising opportunities for brands<\/a>. I say don&#8217;t limit this to just the Oscars, but look at other large TV events.<\/p>\n<p><strong>Identity: MySpace rolls out MySpace ID<\/strong><br \/>\nSimilar to other identity systems, this allows third party sites to access a <a href=\"http:\/\/venturebeat.com\/2009\/03\/04\/myspaceid-more-social-content-for-the-web-and-a-way-forward-for-myspace\/\">MySpace users information and network contacts<\/a>.  Critics suggest that it&#8217;s too complicated and <a href=\"http:\/\/blog.socialmedia.com\/myspaceid-getting-an-upgrade\/\">doesn&#8217;t support SSO<\/a>.  Why don&#8217;t they use OpenID?<\/p>\n<p><strong>Revenue: Tencent&#8217;s Monetization a Model <\/strong><br \/>\nThis interesting post suggests that <a href=\"http:\/\/abovethecrowd.com\/2009\/03\/09\/how-to-monetize-a-social-network-myspace-and-facebook-should-follow-tencent\/\">China&#8217;s IM social network Tencent be a model that Facebook and MySpace copy<\/a>.  The stats? &#8220;TenCent was founded in 1998, has 355 million users,  US$1.2B in annual revenues, and a US$11.2B market capitalization.&#8221; The challenge is that social networks act differently depending on each culture, deployment and features.  Sure figure out what worked, but don&#8217;t expect it to work the same in Western markets.<\/p>\n<p><strong>Deployment: HiveLive<\/strong><br \/>\n<a href=\"http:\/\/community.hivelive.com\/posts\/accb20c95f\">Thoughtworks launches<\/a>s community powered by Hivelive, which is intended to be a customer focused community.<\/p>\n<p><strong>Opportunities for Twitter<\/strong><br \/>\nTwitter has a few business opportunities, and this Business Week article shows that some of the opportunities include <a href=\"http:\/\/www.businessweek.com\/magazine\/content\/09_11\/b4123051875731.htm\">rich data about what people think and prefer<\/a> &#8211;including celebrities.<\/p>\n<p><strong>Social CRM: Neighborhood America buddies with Microsoft<\/strong><br \/>\nAlthough I&#8217;ve not seen what they are working on, they&#8217;re indicating <a href=\"http:\/\/community.neighborhoodamerica.com\/blogs\/blogpost\/ea4df14d-61e5-4942-8bae-7696912a78ad\">that they&#8217;re going to connect with Microsoft&#8217;s Dynamic CRM<\/a>, this is a trend, as we know that Leverage Software comes pre-integrated with SalesForce CRM.  Expect to see more of this in the upcoming months.<\/p>\n<\/blockquote>\n<hr>\n<p>I&#8217;m listening: If you&#8217;re a social network, or widget company, I want to know of your news, send me an email, or leave a comment below.  Help me stay up to date but first, read <a href=\"http:\/\/www.web-strategist.com\/blog\/2009\/03\/05\/pr-scorecard-for-social-media-vendors\/\">how to score your announcements<\/a>.  <\/p>\n<p><strong>Hungry For Social Networking Stats? <\/strong>Then you should see my collection of <a href=\"http:\/\/www.web-strategist.com\/blog\/2008\/11\/19\/social-networks-site-usage-visitors-members-page-views-and-engagement-by-the-numbers-in-2008\/\">Social Networks Stats for 2008<\/a> and <a href=\"http:\/\/www.web-strategist.com\/blog\/2009\/01\/11\/a-collection-of-soical-network-stats-for-2009\/\">2009<\/a>.  Bookmark them, then share it with others as I continue to update it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I&rsquo;m respecting your limited time by publishing this weekly digest on the Social Networking space, which I cover as an industry analyst. By creating this digest (I started this over a year ago) it really helps me to stay on top of the space I &hellip; <a href=\"https:\/\/web-strategist.com\/blog\/2009\/03\/11\/weekly-digest-of-the-social-networking-space-march-11-2009\/\" class=\"more-link\"><span>Continue reading<span class=\"screen-reader-text\">Weekly Digest of the Social Networking Space: March 11, 2009<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,50],"tags":[],"class_list":["post-2998","post","type-post","status-publish","format-standard","hentry","category-digest","category-social-networking"],"_links":{"self":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/2998","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/comments?post=2998"}],"version-history":[{"count":0,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/2998\/revisions"}],"wp:attachment":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/media?parent=2998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/categories?post=2998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/tags?post=2998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}