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15/08/2007

Some Very Big Numbers

Just back from holiday and am still digesting what’s been written while I was away. While I’m pondering it all and also penning a new post, I thought I’d share some Facebook stats I’ve just found quoted, sourced to Facebook themselves :-

  • Over 150,000 registrants daily. That's 1 million a week since January.
  • 35 million current users as of this week
  • Half users are outside college.  That number was zero in Sept. 2006.
  • 0ver 40 billion page views in May 2007
  • Average visitor stays 20 minutes
  • Most growth is among people over age 25.
  • 47,000 Facebook groups.
  • #1 photo sharing app on the web. 2.7 billion photos on site.
  • More than 2000 applications. The Top 10 are: Top Friends, Video, Graffiti, MyQuestions, iLike, FreeGifts, X Me, Superpoke!, Fortune Cookie & Horoscopes. The smallest of these has over 4.5 million users.
  • London the biggest Facebook city with nearly 1 million users registered in the London Network

Out of all of this the part I actually find most interesting is the 2.7 billion photos....thats a lot of tags, links and entry points for users to invite their friends to sign up

Those are some very big numbers and they have got one hell of a virtuous circle of growth. Inevitably this will slow but I'd be very amazed if Facebook is just the passing phase or flash in the pan some people are claiming it is!

03/08/2007

From the Classifieds to the Personal Ads

Google's recent declaration of intent to assemble the most comprehensive database of personal information has shed some light on the future evolution of recruitment and digital media. Google’s ultimate aim is to use the data at its disposal to make the experience of its users much more tailored and rewarding.

The future of advertising will be all about Personalisation.

Rather interesting was the example that Google’s chief executive, Eric Schmidt, gave during this announcement "The goal is to enable Google users to be able to ask the question such as 'What shall I do tomorrow?' and 'What job shall I take?'."

It is obvious that Google see the digital age and its targeting capabilities as being the primary avenue for candidates to secure their ideal career. It’s also apparent that the digital age represents huge opportunities to engage in effective and accountable dialogue with prospective candidates across a range of industries and geographies.

With Google purchasing the ad serving technology firm Doublclick, MSN buying aQuantive, the owner of Atlas ad serving tracking technology and WPP buying 24/7 Real Media, the leading players have at their disposal the tools to monitor and track online users behaviour like never before.

As a result they will be able to provide industry leading tailored messages in their conversations with target audiences. As we all know, having a conversation with someone who actually ‘knows you’ is more engaging and has the propensity to become a longer term relationship.

With The Age of Dialogue comes real value for the job seeker, a bespoke service can be offered, it's as if you have your own personal recruitment consultant without all the disadvantages that a real life one can bring.

It’s important to note that this new era and its technology truly brings the job seeking conversation beyond the realms of job boards. This is why, more than ever, Job board needs to be harnessing the technology that enables them to really know the job seekers on their site and more importantly provide them with the personalised service that meets their career needs.  If they do not provide this service they will be supplanted and become redundant.

Having attended a Fish4jobs breakfast meeting this morning about their job search functionality, it was interesting to see that they recognise this and are providing amongst other things, RSS feeds and Amazon type search functionality for their job seekers. This is just the start and obviously this is the area of development that will determine which job boards survive moving forward.

02/08/2007

The trialogue has arrived

I did not write this but thought you would find it interesting - so for those of you who want to read the original source.

http://www.i-level.com/resource-centre/opinion-pieces/trialogue.php

For lazy people - here is the trialogue

Andrew Walmsley, co-founder of i-level
13 June 2007

When Moses climbed the mountain to collect a set of tablets, he wasn’t expecting a consultation exercise. No focus groups had been conducted, and no quantitative research. The tablets came with commandments on them, and there was a certain amount of implied definitiveness that came with that term.
And media’s been pretty much like that for most of the several thousand years since then. A small number of people told a large number of people what they thought, and there was very little opportunity for the mass to respond – and if they did, it was subject to the editorial control of those in power.
Which is why when the web appeared in 1994, people started getting excited. A new paradigm was emerging, they said. In the future, where there previously had been a monologue, there will be a dialogue. Consumers will be able to respond to communications just as easily as they can receive them, and the implications for brands are enormous.
I went to a conference in 1996 in Edinburgh, where hundreds of marketing and media folk debated hotly the exciting opportunity this new world of dialogue would bring their brands. We spent three days talking about how brands would be able to have a dialogue with consumers, and that this would be a more powerful means of communication because of the level of involvement that consumers would have.
Throughout the debate it was clear what benefits a dialogue with consumers could have for brands. The trouble was, there wasn’t much in it for consumers. Speaking for myself, I don’t really want to have a dialogue with Persil, or Sainsbury’s or Yoplait. I don’t even want to have a dialogue with Audi or Vodafone or Selfridges, in which I would normally be expected to be considerably more interested.
Ultimately I want them to get on with being them. Make my clothes clean, connect my calls – the hygiene factors are important, but the emotional elements are just as much theirs too, and I either buy into them or I don’t.
So the ability to create real, meaningful dialogue often ended up being too costly, too difficult and often simply too much work for the value generated.
But emerging over the last few years has been a new dynamic, infinitely more powerful than the dialogue ever promised to be, more threatening, more revolutionary and more valuable.
When we look back in another ten years, we will see that the true impact of digital media was not to find new ways to connect brands to consumers, but in connecting those consumers (or “people” as they like to refer to themselves) to each other.
This simple fact has created a new ecosystem.
Now, people collaborate together to create software, which they release back onto the web where it outperforms the ‘commercial’ competition. They share information about medical conditions, challenging the authority of the medical establishment. They co-operate to drive down fuel prices, publishing the cheapest price for your postcode. And they join forces to bring down brands who let them down, publishing video of underperforming products.
The age of the Trialogue has arrived.
The challenge this poses for brands is that they’re no longer handing down the tablets. Their consumers have relegated them to the position of supplier, and are talking about them, not to them.
Whilst this is a threat to those who adhere to the status quo, it’s an opportunity to those brands who can reinterpret themselves as facilitators. They recognise that the bulk of the discourse will take place between consumers, and their role in this is to enable, empower, listen and just occasionally, talk.
The trialogue will influence every aspect of marketing, from product design (threadless.com) through to product recommendation (tripadvisor.com), and its potency derives from opportunity brands now have not to talk at people, but to be a small part of billions of their conversations.