Posts Tagged ‘Facebook’

Strategery from Jesse Stay

Wednesday, June 16th, 2010

Michael Stelzner interviews Jesse Stay to great effect.  Essentially, I agree with Jesse about the benefits of FB connect.  An important point that often is hidden is the impact FB connect can have on existing web sites – it can really obviate the need for adding tools for social networking to a corporate site.  I can see an argument for them, but I think it really threatens the business of say Kick Apps or Leverage Software.

Michael Stelzner

In this video I interview Jesse Stay, co-author of I’m On Facebook Now What? and founder of SocialToo. Jesse talks about Facebook and how Facebook Connect can help you build a stronger online community.

You’ll also hear about Jesse’s Twitter strategy using multiple Twitter accounts and the tools he uses to stay on top of social media. Be sure to read the takeaways below.

 
Here are some key points Jesse talks about in this video:

What Jesse Likes About Facebook

  • Facebook Connect enables you to embed simple html right on your own website.
  • One example of good use of Facebook Connect is the Huffington Post where you can log in with Facebook Connect to see what your friends are doing there.
  • Another example with Facebook Connect is Digg. When you log in to Digg with Facebook your friends on Facebook automatically become your friends on Digg
  • Jesse like the Us Weekly Facebook Fan Page
  • FBML for Fan page administrators to add custom fields on Facebook. You can learn more about FBML in Jesse’s book, FBML Essentials.

Biggest Facebook Mistake

  • Mixing business with personal by not using privacy controls. You must set your privacy settings to control what is seen by the different audiences you have.

….

More at the link – check it out!

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Facebook makes welcome change

Tuesday, May 25th, 2010

Well, Facebook, it’s about time.  ‘Course this is the usual type of action with Facebook. Introduce some poor interface along with a major change(s), receive massive dissatisfaction from the user base, probably sell some stuff to advertisers, then roll back a fraction of the major changes with some new functionality.

MG Siegler

 

On stage today at TechCrunch Disrupt in New York City, Facebook’s vice president of product Chris Cox announced that starting tomorrow, Facebook will be rolling out “drastically simplified” and improved privacy controls. He didn’t give any details, but did suggest that they should alleviate some of the recent privacy problems Facebook has faced.

Ever since the recent wave of privacy backlash began following Facebook’s f8 conference, Facebook has been saying they were listening to feedback and would respond. No less than CEO Mark Zuckerberg has been talking about the issues very publicly. He has said they “missed the mark” and “made a bunch of mistakes.” He also has said they are working on a “simpler way to control your information.”

That starts tomorrow, apparently. Stay tuned for more details.

Amazing to me that Facebook keeps getting away with this.  Do they ever stop?

Social Media Initiative managed by Spredfast

FB profitable on $2B in revenue? Not buying it…

Thursday, March 4th, 2010

Will FB get $2B in rev in 2010?  That would be something like 4-5x growth over the past year.  Unless it is mostly Zynga and by extension the text spam companies paying it (and by extension you Farmville players), I am not seeing it.  But the WSJ says its possible (from TechCrunch).

Jason Kincaid

…While the article covers a lot of familiar territory about Facebook’s past, there’s plenty of new information too. Of note, the article says that Facebook executives have “discussed how revenues for 2010 could hit between $1.2 to $2 billion” — figures that exceed even the $1.1 billion InsideFacebook’s Eric Eldon reported yesterday (clearly, the number is looking big). The article also asserts that Facebook is working on a tool for sharing your physical location with Facebook (something that we’ve been hearing about for quite a while, and that I believe will be key in the future).

Oh and Kincaid reports on this other nugget:

There are also a handful of interesting anecdotes about Zuckerberg. According to the article, a Facebook engineer once wrote an internal memo called “Working With Zuck”, in which he warned other employees not to hope for much in the way of back-patting from their CEO, explaining they should not “expect acknowledgment for your role in moving the discussion forward; getting the product right should be its own reward.”

Well, that’s great. Would love to work for that guy.
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Good for CoTweet – bought by ExactTarget

Tuesday, March 2nd, 2010

Well how about that.  Good for CoTweet.

Adam Ostrow

CoTweet, the Twitter CRM tool used by several massive brands including Best Buy and Ford, has been acquired by ExactTarget, an email marketing firm.

In a statement, ExactTarget CEO Scott Dorsey said,” By combining the power of ExactTarget and CoTweet, we can provide businesses a complete solution to tie together all formsof interactive communications and drive deeper customer engagement online.”

While perhaps not a widely known name in the social media space, ExactTarget is a major player in email marketing, generating $114 million in revenue for 2009. The company has also raised a massive $140 in venture capital, most recently securing $75 million this past December.

I think this combo actually makes perfect sense.  I could also have seen a DemandMedia or Adobe or Yahoo scooping them up.  I wonder what other companies are like CoTweet running around…

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Finally a Facebook revenue scheme I get

Friday, February 26th, 2010

Facebook money… facebook’s way of making money.  Annoyed by Facebook applications?  Hoping FB does something to curb their ubiquity on your stream?  Well, don’t look now but Facebook’s incentives just got twisted.  By taking a cut of the applications through Facebook Credits, FB will have every reason to make sure high performing apps make it in front of the most people.  And this revenue stream I understand.  So is Facebook ultimately a massively multiplayer online game system?  I’d say yep.

Samuel Axon

 

Facebook will soon roll Facebook Credits out to even more application developers, so it has publicly announced that it will take 30% of the revenues earned for goods sold via Facebook Credits.

Facebook Credits make up Facebook’s virtual currency; the currency became available to some users last Spring. Those users could buy gifts with it. Facebook then made a deal that gave users the ability to purchase Facebook Credits with their PayPal accounts and offered Facebook Credits as a currency option to several application developers, including uber-huge game-makers Playfish and Zynga.

Facebook says it’s taking the 30% cut so it can invest “heavily in the ecosystem” by educating users and marketing to them about the currency, testing out incentives to get people to try the credits out, and seeding credits to get people comfortable with them.

Now if I could only find my way around facebook again…

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Facebook spam or do they really like me…

Wednesday, February 24th, 2010

Seems the past few days I have been hounded by Facebook spam, and not just the type from Farmville or Mafia wars requiring more manure or glocks (am I even saying that right).  Back in the day, MySpace and Friendster both didn’t have any of this… then it was all they had (but I sure thought all those friendly ladies were really interested in me, especially when my only photo was a picture of the earth from space).  In my view, the spambots were the start of the end for those sites.  Now, Facebook seems to be catching them relatively quickly, so maybe they can prevent the takeover.  But I wonder how much of their growth is real and what the spambots will do to the current user base.

Oh and sorry for the spotty posting.

Social Media Campaign managed by Spredfast

Social Application Developers taking it on the chin

Monday, April 20th, 2009

So InsideFacebook and Allfacebook.com are continuing to tout facebook’s growth and in some cases the relative stability of monthly active users for social applications as evidence that the new redesign has only meant good things for app developers, facebook, and the world in general. However, as I have mentioned before, the only applications which have benefitted from these changes are the quiz apps which I guess were already making great use of the feed forms and LivingSocial which keeps making people fill out little lists (not actually all that different from the chain letter demanding 25 things about me). Great. Those apps are just wonderful.

Meanwhile, I have searched high and low for comment about app/widget developers Slide and RockYou and I haven’t seen anything since this latest redesign. The AllFacebook blog actually had a post that does mention that their apps have declined significantly in monthly active users (MAU), but then they go on to claim that since MAU across all apps are flat since the redesign, then the redesign didn’t really hurt app developers. But come on – how many more lists can I make on Facebook and give a damn? I’ll say it, since no one else seems to on the internets these days: Slide and RockYou are screwed. Kiss the $100M+ VC money in them good bye.

Facebook Changes to App Functionality, Fan Pages to Pages

Thursday, April 9th, 2009

Facebook’s recent redesign also resulted in a number of changes to the ways applications interact with the Stream and how Fan Pages are now Pages (who does this product marketing? Dave Morin? Sorry, but this nomenclature is really difficult for the rest of the world. You know what the first thing people see when they go to www.socialagency.com? Our home PAGE. Then they navigate to other PAGES. Interestingly, the web had this system of calling everything PAGES for a few years before Facebook came along and started calling business profile listings in their system PAGES. OK – end rant. Jackasses. OK – really end rant). Now applications can’t put items into the Stream (which used to be the newsfeed which kind of exists but no one sees it…uh-oh, feel another rant coming on…holding back) without direct user interaction. E.g. to put a story on the Stream, the app must pop up a dialog which specifically asks the user to place the story. Now some might think this is better b/c now every user action that makes it to the Stream has been explicitly authorized to be there by the user. But from an application developer’s perspective, it is miserable. In the past, an application could post to the newsfeed after the user took some sort of interesting action on the app, but did not have to put a glaring popup in the user’s face. Those actions could have occurred in a variety of places in the use of the app. In my view, this change will result in 1) a gradual decline in the number of apps able to make use of forcing users to send messages to the stream, 2) more users blocking more apps from their stream entirely, 3) a reduction in meaningful app usage overall on Facebook. If the only apps that are successful are the ones that constantly exhort the user to post to their stream, and those are largely characterized as list builders and quiz apps, then fewer and fewer people will take them over time – they will just get boring (at least I hope so, b/c I really don’t care what rock band from the eighties you are – no, really I don’t – don’t do it, don’t post the results of that quiz to your stream – don’t). Ah, this post is too long now, so I don’t have room or time at the moment to get into all my thoughts on the Fan Pages -> PAGES (I have more than the screaming above), so I’ll post again shortly.

Facebook Redesign

Wednesday, April 8th, 2009

We haven’t said much about the Facebook redesign and the other changes in functionality. In short, I don’t care for the redesign. I get Twitter and the need for people to broadcast inanities at all hours of the day (I know, Twitter can be used for much more than that). But I just don’t/didn’t use Facebook in that way. Seeing what an acquaintance ate for breakfast this morning simply doesn’t start my day off the right way. I forget where I saw it, but Facebook makes a very good CRM for your friends. Great way to keep up, see the major events in people’s lives, offer condolences when warranted. And I would be willing to stay on all day to occasionally stumble upon such info. But I always found the statuses to be the least compelling aspect of the site. Now they are the most prominent. I know that Facebook has introduced all sorts of filters to block unwanted Stream spam, but frankly, since they introduced the spam to me (unlike Twitter where I have done it to myself) I am a little pissed that I have to go create a whole bunch of filters – which will likely mean that I will eventually miss one of those big life events that I was using Facebook to stay abreast of in the first place.

I think it is great for Facebook to move fast and innovate – they have to in order to make sure they don’t get eclipsed by some other service just as they overtook MySpace. But as nature shows us, not every evolutionary change is a positive one. This one is bad.

I am not the only one who has reacted this way. The following sites had plenty to say:
Facebook Haters reach a million strong

Top 10 Missing features of facebook redesign

Facebook goof cripples controversial homepage poll
There were many, many more where those came from.

Longhorns Contain Social Media Disaster

Tuesday, November 11th, 2008

As many of you know, I am a huge fan of the University of Texas Longhorns Football team.  Recently, the Longhorn’s sophomore backup center, Buck Burnette, was dismissed from the team.  Burnette posted a racial slur on his Facebook profile page about President-elect Barack Obama.

In a statement to The Associated Press, Burnette apologized and said he made a “terrible decision” to post a text message he received about Obama’s victory that contained a racial slur.

It’s an unfortunate incident for all parties involved but I not only agree with the decision to dismiss Burnette from the team but also the swiftness and process in which the decision was made. Longhorns head coach Mack Brown immediately kicked Burnette off the team for “unspecified violations of team rules”.

With the emergence of social media and its many forms of communication, controlling the message about your organization both from within and from outside your organization has become difficult. Establishing rules and business processes around your organization’s social media is essential.  Here are a few suggestions:

  1. Today’s corporations and organizations need a rigorous social media engagement policy.
  2. All organizations must regularly educate staff (and players in this instance) about acceptable use of social media.
  3. Effective online monitoring systems must be engaged to alert organizations as to the conversations taking place about them.