1. This is what Facebook has been reduced to. We’re now firmly in MySpace territory.

    This is what Facebook has been reduced to. We’re now firmly in MySpace territory.

  2. The Value Of A Facebook Fan

    Was just having a conversation with Ilya about Facebook fans, and one of the thoughts that came up in the conversation was:

    How would the way that brands perceive the value of a Facebook fan change, if we had no way to see how many fans other brands had?

    The idea being that the current era of social media centers most heavily around the collection of fans and followers as a means to validate your brand’s standing in the [social media] world. And the ability to see what everyone else has, makes brands and marketers constantly insecure about their own audience sizes. And this visibility into everyone else’s data fuels competition that drives us all to irrationally chase bigger numbers.

    Back in the day when all of our measurable stats were hidden from others (web traffic, click through rates, conversions, etc), we all focused solely on what mattered to our own businesses. We had no idea what the competition was getting, and that opacity freed us to focus on the metrics that dove our own bottom line.

    The openness of the social media era has clouded our judgement and forced us to spend big not just to build our audiences, but to make sure we build our audiences bigger than the other guys.

  3. Early last week, Facebook started to roll out its new Graph Search product, which amongst other things, is designed to “help you find people who share your interests”.

    Now that I’ve had a week or so to tinker around with it, I’ve got some early thoughts. 

    First off, I don’t immediately see a giant opportunity for brands. Not yet. The idea (at least as it’s been pontificated about) is that Facebook has had reams of social connection data, but has lacked intent - which Google has in spades. So an improved natural search, means intent, and that is a win for Facebook. Let us all rejoice.

    What remains to be seen though, is how users will interact with this search box, and if this behavior will open up future opportunities. I’m sure it will, but I just don’t see it quite yet. Besides, savvy marketers have had access to lots (not all, but lots) of this data through Facebook’s API for a while now, and it’s not clear to me that search has provided anything more to us advertising types, beyond a front-end UX and wrapper for the common folk to access.

    My second thought, is that while Google may not become instantly marginalized by Graph Search, another industry does. The line between online dating sites like Match.com and Facebook has always been a thin one, and Graph Search may have just erased it altogether.

    I’ve used sites like Match.com. I’ve even paid to use them. The value they’ve historically provided against Facebook, was that I could search on a ton of quirky criteria, and find single women, in a particular area, of a particular age, that liked a particular set of things that I liked too. So if I wanted to hone in on single 30-somethings in Somerville that I didn’t know already, that like the Celtics, and then see some photos and send them a message, Match was my best bet. And I was happy to toss them $19.95/month for the privilege.

    With Graph Search however, I can now do the same exact style of searching, right on Facebook. Including the messaging of strangers part, which is free, unless I want to pony up a dollar to ensure delivery to the said stranger’s inbox.

    Oh, and by the way…EVERYONE IN THE WORLD IS ON FACEBOOK. So whereas Match (and other dating sites) will only have inventory consisting of those men or women comfortable enough to have overcome the stigma that is online dating, Facebook doesn’t have that problem. They have scale, in that more or less everyone with a face is on the platform.

    So whether or not Facebook’s search product ever truly comes to compete with that of Google, who knows. But paid dating sites should start really re-thinking their model, because the game just changed in a big way.

  4. Have you guys seen this? It’s a new trend, where people promise each other things, if photos/pages get 1mm likes. It may seem silly and insignificant (because I guess it really is), but to me, its the sort of thing that is signaling a real shift in what Facebook is becoming.

    Back when Facebook first began to overtake MySpace, part of its appeal was in the rigidity and purity of the platform. It was the antidote to MySpace’s cluttered, blinking, cheap-o garbage. Facebook was the sophisticate’s social platform.

    But now more than ever, Facebook has become a wasteland of apps, ads and fads.

    2013 will finally be the year where Facebook exhaustion begins to take over in some truly noticeable ways. So to anyone out there thinking of investing in, or building a new generation of social platform, now is the time. The incumbent is weak and tired.

  5. Interesting. I hit a link to ESPN from Google, and they prioritize the sharing of the article to Facebook, over my reading of the article. Share first and then read. Or just share.

    Interesting. I hit a link to ESPN from Google, and they prioritize the sharing of the article to Facebook, over my reading of the article. Share first and then read. Or just share.

  6. "If you provide excellent content, social media users will take the time to read and talk about it in their networks. That’s what you really want. You don’t want a cheap thumbs up, you want your readers to talk about your content with their own voice."
  7. Seems appropriate that two totally indistinguishable and uninspired beers, independently ended up with two nearly indistinguishable and uninspired Facebook Timeline layouts.

  8. Nobody Cares About Your Brand’s History

    It’s been a little more than a week now since Facebook released Timeline for brands at their FMC event. This new brand page format was a terribly kept secret leading up to the event, and was more or less a quick gloss-over on the way to a multi-hour romancing of what can be most neatly summed up as “MOAR ADS” once the event itself finally arrived.

    Nevertheless, social media strategists and marketers went (and continue to go) berserk over this page restyling. Even saying things like this:

    It’s as if dozens of little corporate museums just launched on Facebook. (from AdAge)

    Now while that may technically be true, the problem is that these “little corporate museums” are likely to be about as popular as actual corporate museums. Which is to say, not very popular at all.

    As a creative type at heart, I am not immune to being in love with the possibilities of what Timeline presents, and I have no doubt that some brands will find really neat ways to leverage this format. However, as the cynical and jaded northeast pragmatist that I am, I can’t help but feel like…well, like the general public just won’t care about this in the long run.

    The two main issues that I immediately see here are:

    • Social media creation and consumption is still firmly entrenched in the present. Twitter feeds whiz by, Facebook newsfeeds update at a dizzying speed, and while every app on my phone may be recording what I’ve done (past tense), I only care about pushing the buttons and telling the world while I’m doing it (present tense). Rarely do I go back in digital time to re-live my OWN past, let alone the past of a corporation. Certainly Timeline aims to change this (as do apps like Timehop, which I admittedly love), but as shared experiences in the present tense continue to proliferate at a breakneck pace, one has to doubt if users will also have the desire to dig into corporate histories with any regularity.

    • The newsfeed still rules. When users consume content on Facebook, they are overwhelmingly doing so through their newsfeeds. And this is especially true when consuming content from “Liked” brands. Facebook Brand pages are rarely visited by fans more than once or twice on average, and being a user myself (and having watched/studied lots of other user behavior), I question whether or not those couple of visits will be spent scrolling through a deep timeline of corporate past and/or giving a shit about what that past contains.

      “Coke sponsored the 1928 Olympic Games? That’s great and all…but are there any coupons here?”.

    Coca-Cola is actually a nice proxy for the “who cares?” theory. They are the most popular brand page on Facebook with over 40mm fans, and a brand with a storied corporate past. Also one of the launch brands for Timeline, so they’ve got the benefit of a first-mover’s advantage here as well. Scroll down to their two oldest Timeline posts, and there is a sum total of 384 actions on them (comments + likes). That’s a 0.00096% “engagement rate” if you’re scoring at home. And again, this from the biggest brand, with one of the most famous histories of all.

  9. I’m Big In Indonesia

    For some time now, I’ve been getting Facebook friend requests from random Indonesians on a somewhat regular basis. I’d say as often as 2x per week on average.

    For the most part I’d been deleting them, and chalking it up as likely being spam, and potentially being some mistake.

    After some poking around, it would seem like it was in fact the latter, but for a far more interesting reason than some fumbly clicking. As it turns out, my last name “Teman” means “friend” or “friends” in the Indonesian language

    So my presumption is that a few times each week, some young Indonesian is introduced to Facebook, and one of the first things that he or she does, is search for “friends”. And since the Indonesian word for “friends” is “Teman”, I am one of the first results that shows up in search.

    Hence my steady flow of new Indonesian…temans.

  10. Even The Graffiti Artist Is Getting PAID On The Facebook IPO

    Amazing. The graffiti artist that painted the early Facebook offices, may be parlaying that job into $200mm.

    In 2005, Mr. Choe was invited to paint murals on the walls of Facebook’s first offices in Palo Alto, Calif., by Sean Parker, then Facebook’s president. As pay, Mr. Parker offered Mr. Choe a choice between cash in the “thousands of dollars,” according to several people who know Mr. Choe, or stock then worth about the same.

    Mr. Choe, who has said that at the time that he thought the idea of Facebook was “ridiculous and pointless,” nevertheless chose the stock.

    Many “advisers” to the company at that time, which is how Mr. Choe would have been classified, would have received about 0.1 to 0.25 percent of the company, according to a former Facebook employee. That may sound like a paltry amount, but a stake that size is worth hundreds of millions of dollars, based on a market value of $100 billion. Mr. Choe’s payment is valued at roughly $200 million, according to a number of people who know Mr. Choe and Facebook executives.

About me

Boston guy, creative thinker, digital doer, restless mind. I'm an advisor at Custom Made and Vice President, Digital/Social Strategy at Hill Holliday. Thoughts are my own.

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