Do You Remember These Social Media Events?

Because it is fun and often revealing to look back into history, the following is a brief look at some interesting Social Media milestones. If you have other milestones not included in this lineup, via Mashable’s “The History of Social Media (InfoGraphic)”, give us a shout.  Here are some that stood out.

The First Email

How many people know this fact? We never thought it was this early in our evolution.

The Globe

Do you remember this social network? It was definitely a precursor of things to come in the Dot.Com meltdown.

Social Matrix: Is It Really This Big?

Conclusion

Friendster the grandfather of all social networks is still alive and well? It is interesting that few bloggers challenge the registered user statistics for all social networks. Twitter, a micro-blogging site, most likely mirrors blog attrition numbers yet nobody challenges them. Of the 190M+ registered users on Twitter, how many accounts are abandoned, run by bots, or the product of single users establishing multiple accounts? The same question for Facebook could reveal a much lower number of actual users. As we continue to see growth and adoption, what is the relevance of true registered user numbers in understanding the impact of each network? Only time will tell how far we have actually evolved.

Blue Angels’ Fog Cancelation Perfect Example Why Newspapers Are Failing

In what became a perfect example of why newspapers are failing business models, the Navy’s Blue Angels were forced to cancel their show, in San Francisco, yesterday due to fog conditions. The simple fact that fog was present forcing the Angels to cancel is not the reason American newspapers are going to go under–it’s the lack of breaking news delivery speed. Even worse? I wake up this morning and buy my local newspaper, the Marin Independent Journal a Gannet property, paying $1.25 for my “news.” Yet the news I wanted to read about, the most dominant story in the Bay Area, was not covered. Not even a mention in my Sunday edition.

Why Newspapers Will Fail

  • Mobile News: while a crowd of thousands stood around waiting for the Angels to reappear (after an initial flyover) one of the audience members announced that the show was canceled due to fog–he received the information off of his iPhone
  • Real Time vs. Their Time: if the “IJ” had run a story the next day on the show’s cancellation it would have at least been the opportunity for the paper to be more thorough by providing interviews or additional information.
  • Google Indexing-Where Are They?: In the most telling reason why newspapers will lose, a Google search “Blue Angels Cancel show” the top 10 results:
    • SF Chronicle #7 with no other newspapers in the top 20 first two pages of results
    • CBS, ABC, and bloggers dominated the news capturing the other 9 spots on page one

#1 Reason Why Newspapers Will Fail

Newspaper braintrusts do not understand that breaking news is not a commodity for monetization any longer. Bloggers and more agile online sources are crushing the newspaper industry at their own game. Even the name newspaper is no longer accurate. There is very little news in the papers that has not already been reported hours or even days before online.

Conclusion

Newspapers should monetize and sell their ability to create valuable commentary. Produce expert opinion, how to, or resource information. In essence, newspapers should follow the model of the most successful bloggers who have built audiences based on their ability to be perceived as a go-to source of information important to the audience

What is Cloud Computing? San Francisco’s Web 2.0 Expo Video Explanation

What is Cloud Computing? You may know the answer or you may actually think you know the answer. The following list of Web 2.0 experts know the answer. They are bringing the answer to you in various ways, with many benefits, and in a creative interview style. The question “What is Cloud Computing” was asked at the Web 2.0 Expo in San Francisco in September.

Do you know the answer?

The Players

Tim OReilly Dan Farber Matt Mullenweg Jay Cross Brian Solis Kevin Marks Steve Gillmor Jeremy Tanner Maggie Fox Tom McGovern Sam Lawrence Stowe Boyd David Tebbutt Dave McClure Chris Carfi Vamshi Krishna and Rod Boothby

Wine Marketing: Direct to Consumer Challenges and Opportunities

Vineyards

The acronym “DTC” aka direct to consumer is one of the most important concepts the wine industry as a whole must leverage in order to survive and thrive during our challenging economic times. Direct to consumer sales provide opportunities for  higher profit margins, increased special event sales, and to sell the ever vitally important wine club memberships. Yet with all that is riding on DTC, the awareness of the power of social media marketing as a sales channel remains under appreciated and under utilized.

Case in point, the Winebusiness.com “Direct to Consumer: 2009 Tasting Room Report.” Most interesting in this report are the hurdles or “barriers to maximizing DTC potential for all wineries. The reported challenges as well as  the opportunities to overcome the challenges may surprise you.

Common Barriers to Maximizing DTC Potential

  1. Compliance and Shipping: (39 percent) believe issues of compliance and shipping “still outweigh all other barriers
  2. Lack of Resources: (17 percent)  people, time and money
  3. Effective Technology and Systems: (13 percent)
  4. Acquiring Customers: (13 percent) aka lead generation
  5. Marketing Tools: (13 percent) believe a lack of DTC marketing tools like customer relationship marketing (CRM) and Web analytics

Opportunities to Maximizing DTC Potential

  1. Tasting Room Software: according to the report there are many online systems available to greatly reduce the challenges of shipping and compliance
  2. Lack of Resources: the three resources in question are people, time, and money. The answers should include social media marketing training to help key employees. The other solution is to hire a social media marketing agency to perform monthly marketing maintence and run your marketing program
  3. Effective Technology and Systems: nothing was specified. The obvious technologies that could improve DTC sales would be a blog and a social media marketing plan-strategy to engage with consumers on Facebook, and Twitter. Placing laptops in the tasting room so consumers can directly fan your Facebook winery page or follow your Twitter account(s) creates a bridge from real world to online world.
  4. “Acquiring Customers”: this challenge (lead generation) could be addressed with a DTC Twitter strategy in concert with a Facebook company page for customer relationship management
  5. Marketing Tools: CRM would be the role of a strategically implemented Facebook company page that engaged consumers and created “Call to Action” messaging.  Web analytic measurement tools could be implemented to measure each message delivered in specific channels including the blogosphere, Facebook, and Twitter for the messages relevance or effectiveness

20 Google Facts That Will Surprise You

FoxNews , Post Tribune, &  The Courier News published this deansguide article 9-8-09

Google is the most influential force behind the proliferation of social media. Yet many of us think we know everything or close to everything we need to know about Google. In an eye opening article by Search Engine People’s Ruud Hein “20 Things You Don’t Know About Google” you can learn something new and in most cases be very surprised at what you did not know. Here is Ruud’s list and my impressions.

20 Google Facts

1. Adwords accounts for 99% Google’s annual revenue; dg: that seems obvious but we are just warming up

2. Google’s advertising revenue in 2008 was $21 billion; dg: incredible and more than I imagined!

3. 1.35% of the US’ Adwords advertisers make up 80% of Google US ad revenue; dg: this goes beyond the 90-10 rule

4. Adwords as we know it used to be called Adwords Select. The top banner position was sold old school style through a program call Adwords Premium; dg: I did NOT know that fact

5. The first Adwords Select ad was in 2000 for live mail-order lobsters; dg: you have to start somewhere, a precursor to WebVan?

6. Google’s pricing mechanism where the winner pays the runner up’s price was devised to prevent super-inflated bid prices but the second-price auctions resulted in higher prices for Google right away; dg: brilliant strategy

7. In 2009 Google began showing ads based on their previous online activities. User patterns are segmented in 20 categories and roughly 600 subcategories; dg: this will continue to expand and be refined

8. In 2008, 80% of 80,000 typo-squatting domains in the US alone were funded through Adsense; dg: that is a bit alarming

9. Google’s query forecasting models are founded in their efforts to understand and predict Adwords pricing and click patterns; dg: again this will continue to be refined

10. Although it doesn’t like to talk about using user data, Google cross references everything. “We have temperature data, weather data, and queries data, so we can do correlation and statistical modeling.”; dg: this is part of the power and “secret sauce” that makes Google

11. In the last 10 years Google’s latency has gone from 1000ms to 200ms.

12. In the last 10 years Google has made seven major rearchitecture changes.

13. Compared to 1999 Google’s index is now 100x larger but they update it 10,000 times faster; dg: growth and speed continue to be a Google staple and it is another building block that keeps them ahead of the other search engines

14. Google cataloged its trillionth web page in 2008; dg: with one trillion cataloged web pages will any company ever challenge Google’s supremacy in the search industry?

15. To translate one sentence Google does a million lookups in a multi-terabyte data structure.

16. To punish itself for artificial link inflation (paid links) Google penalized itself in 2009 by lowering the PageRank of it’s Japan domain from PR9 to PR5; dg: why not across the board?

17. Since January 2009 Gmail regularly beats YouTube in market share by US visits and is the 2nd most popular Google property; dg: very surprising considering Youtubes viral capabilities

18. The 3 largest traffic drivers for Gmail are Google, Facebook — and Yahoo! Mail…; dg: oh yea Yahoo helping Google is a bit like the Red Sox helping the Yankees–hard to understand

19. To encourage developer teams to move to new servers Google uses auctions where teams bid how many extra computers dedicated to their service it would take for them to move; the lowest bidding team wins.

20. In 2007 Google announced it will award $20 million to the 1st private team which builds a robot — and puts it on the moon; dg: my money is on Mark Cuban who is never shy about a challenge or the type of publicity this challenge would generate