Archive for the ‘Social Media’ Category

Friendship in a Web 2.0 World - How Social Networks Have Redefined Friendship

Sunday, October 7th, 2007

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I’ve been thinking a lot about friendship lately.

My tech event buddy and bub.blicio.us photographer Brian Caldwell recently posted a question on LinkedIn Answers “How do you define “friend” these days?

Now Brian is a highly intelligent uber-geek, LinkedIn 500+ power user and tech event social butterfly. His blog sports an entire community of users and his posts get more comments that his total number of published articles. So I was surprised to find that he felt a twinge of loneliness in his socially networked hi-tech world.

Me: “Dude, you know so many people.”

Him: “They’re all mostly acquaintances. I have no friends!”

Me: “What are you talking about? I’ll be your friend. Turn off your computer, get out of your house, and no, don’t buy Halo 3.”

As we mused about the concept of friendship in a Web 2.0 world, it became clear to us that it all boils down to time. Authentic, real-life relationships take time and effort, and when you’re spread too thin in a hectic, modern world, it’s hard to cultivate meaningful friendships.

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True friendship requires real-time time shared experiences

Yet it’s all very weird, because, online, my number of friends seems to be exponentially growing, with little to no effort on my part. Thanks to the social media revolution, all of sudden, people I’ve never met are connecting to me as friends, through shared interests and online community participation, in addition to the spam factor. Friends that have fallen out of touch for years, are finding me on Facebook in droves. In fact, my Facebook profile has a more active social life than I do.

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My infrequent Twitters have gathered a following. The growth of my LinkedIn Network has been on autopilot, increasing at a steady 10 connections a week, allowing me access to a whopping 1.7m people.

Web 2.0 has Redefined Friendship

Social networks have redefined friendship and the way we connect to each other, allowing us to maintain more relationships over time with a lot less effort than before.

According to Stowe Boyd:
From www.stoweboyd.com:

[T]he new nature of connected friendship is taking on the shape of the Web itself:

1. it is increasingly open (much of our fraternizing is in public),
2. tolerant of diversity (I disagree publicly with my friends, but I accept this as part of friendship, not a blind gang-like sharing of narrow perspectives; and they are from all over, all colors, all shapes and sizes)
3. bottom-up (its not because we work together, or because we are members of some organized group)
4. personal (I don’t belong to cliques, but am connected to individuals)
5. flowing (people’s relationships are constantly changing, and shifting in complexity).

Many would look at the new state of friendship and suggest that something has been lost when you don’t have a small group of friends that all know each other, that invite each other over to bbqs every weekend, and who all attended the same schools, workplaces, and places of worship. But I believe that we are moving away from a narrow, parochial, and inbred sort of friendship.

We look to ourselves — and our networks of contacts — to make sense of the world that confronts us, and we define right and wrong based on the meaning we find through personal affiliation, connection, and commitment.

Indeed, the enhanced connectivity that social networks afford, breaks down traditional models of friendship that are based on physical proximity, allowing individuals to connect more so than ever on shared interests, globally. Geographic boundaries to friendship have been completely broken down.

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Online friends from Tribe.net, enjoy beers in Iquitos, Peru, where we are attending a conference on Amazonian shamanism.

Have Social Networks Improved the Quality of Friendships?

Anne Truitt Zelenka, editor of Web Worker Daily, believes that friendships in the connected age are both higher in quantity and in quality.
From www.annezelenka.com:

More connectedness suddenly jumps us to a totally different curve of friendship quality vs. friendship quantity. You can stay in touch with many more people. You can give specially targeted support because you understand much better the contours and context of each friend’s life. You can connect and communicate with much less trouble than before, because you know when your friends are available and how best to reach them.

To a certain agree, I would agree with Anne. I look at my own life, I would describe friendship as a moving train. People get on, people get off. Except now, rather than disappearing from my life, they linger on the periphery, like a constellation of stars that I can, thanks to the social web, reach out and touch if the need or desire arises.

My web-unsavvy friends however, run the real risk of dropping out of my life - as people move, phone numbers and emails change. But these people are a minority these days. Overall, my net of friendship is cast wider, further, and stays intact much longer, and all of the sudden, I have friends, lots of friends who I’ve known for years. I derive a sense of comfort to know that all these people, with whom I’ve shared experiences and a connection, albeit for a moment in time, are still, somehow, in my life, although on the far, outer periphery of it.

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Which would you prefer? Meeting up with virtual friends in a digital world, or enjoying fine tea and fine company in nature?

Have Social Networks Contributed to the Declining Quality of Friendship?

In his article “The Web Changes How We Define Friendship“, Steve Rubel ponders how friendship will look like in 10 years. While he recognizes that current Web technologies help scale friendship it in quantity and allows us to spread our networks spread far and wide, he juxtaposes this development with the observation that friendship is declining in quality.

Steve refers to a Wikipedia article on the Decline of Friendship, which states that, according to a 2006 study, “the number and quality of friendships for the average American has been declining since at least 1985. According to the study, “25% of Americans have no close confidants, and that the average total number of confidants per person has dropped to 2.” Steve, however, does not do much more than ponder whether the social web might have contributed to this trend.

Whether or not increasing connectivity is responsible for the declining quality of friendship, a recent study shows that heavy online users still possess the same number of close friends as the average person.

According to the ScienceDaily article Is Social Networking Changing The Face Of Friendship? the average person has a social network of around 150 friends, ranging from very close friends to casual acquaintances. However according to research by Dr Will Reader and colleagues of Sheffield Hallam University, online users say they have about the same number of close friends as the real-life average person. Furthermore, face-to-face encounters are still the most important factor in close friendships.

Why is this?
From www.sciencedaily.com:

Making friends can be costly, according to behavioural ecologists. While it might not be a very romantic view of friendship, making new friends involves an investment by committing time and energy to another person in the hope that they will provide reciprocal benefits in the future.

According to Dr Reader, face-to-face encounters are necessary in order to gather honest information about the individual. This honest information helps us decide whether that person merits the risk of our investment of time, energy, and trust into that friendship.
From www.sciencedaily.com:

The importance of honest signals is a fundamental concept in behavioural ecology. For example, a female song bird invests in a mate based on the quality of his voice, as this is an honest signal indicating the fitness of the bird. In the same way, people choose friends based on their “quality”, and this can only be assessed when there are honest signals being given.

“It’s easier to spot honest signals when meeting someone face-to-face using facial and bodily cues,” explained Dr Reader, “whereas it’s harder to spot dishonest signals online.”

The truth is, people present themselves very differently online than in real life. It’s hard to know if your cyber-friend is indeed who he or she claims to be. The Web allows you recreate yourself in whatever fashion you choose, so many people adopt multiple personalities and create a multitude of avatars. Companies routinely create profiles and join networks in order to seed forum discussions with buzz about their products. Six of your virtual friends may, in fact, really be one person.

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In a Web 2.0 world, friendship abounds. The social web has lowered the bar to friendship, allowing anyone to add anybody for any reason as a “friend”. However the more time we spend online in a race to acquire the most amount of friends (whoever dies with the most friends wins), the less time we spend cultivating authentic, real-life relationships. I believe that this can ultimately hurt us as individuals, and a society as a whole.

Why?

Friendship is a Component of Human Happiness

During my lunch break, I recently asked a co-worker Kay, who happens to be 90 years old, what she found to be the key to happiness in life. She immediately said, “Friends and family.” Then she went on to grumble on for the next hour how her friends have let her down.

People matter in life. Human beings are social animals, and thus the presence of rewarding friendships and family relationships bring a real quality of happiness, love, connectedness, joy, gratitude, fulfillment, etc, into our lives. These experiential qualities fail to traverse the vast barrier of cyberspace that separate us from our online connections, since, we, in truth, are relating more to our computer screens than the actual person beyond it.

Social networking sites don’t allow us to engage in acts of generosity, indulge in shared laughter, experience tenderness or love. Online communities and virtual friendships will never substitute real-life communities and face-to-face relationships.

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Even social networking sites like Dogster, Catster, and Hamsterster - which enable your pet to make online friends - will never truly replicate the beauty of inter-species friendships.

Effective Social Design Can Strengthen Real-Life Communities

We run the risk of spending far too much time online indulging in virtual interactions with fake people. Because our legion of online friends require so little maintenance, we run the risk of reducing the amount of effort we spend cultivating lasting, authentic relationships with real people. For this reason, social networking sites can serve to emphasize the social problems we are facing, such as loneliness, isolation, and lack of trust.

However, social networks can enhance our lives and happiness if used skillfully or designed skillfully. By bringing people together in real-time, based on shared interests, social networks that have been designed to include an offline component, like Upcoming.org or Meetup.com have a real ability to strengthen local communities and create new, real-life friendships.

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Facebook and LinkedIn communities are made up of profiles that overwhelmingly represent real people. Their user agreements mandate that in order to participate, your profile must be you. Both Facebook and LinkedIn ask friends and connections to validate each other which makes it hard to maintain a fake persona for long. For this reason, these social networks have attained a high degree of trust, which in turn, enhances the sites’ stickiness and growth.

What is “True Friendship” in a Web 2.0 World?

Thanks, to the social media revolution, never before have I had so many friends, indeed, friends who’ve I’ve never even met, friends I don’t need to meet, call, or email. Yet, amidst the abundance of friends, the question arises - who are my true friends?

In order to answer this question, I needed to come up with a definition of true friend. For this I turned to my friend and close confident Vanessa Silva, whose relationship skills, generous nature, and warm, welcoming presence tend to make her central hub for a wide community of diverse individuals.

She said, “True friends show up when you need them.”

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I think a really good litmus test for true friendship would be the drop-dead factor.

I wonder, if I were to suddenly drop dead, who would know? Would my online friends even notice? My Facebook profile certainly would carry on by itself as if nothing happened.

Who is engaged enough in my life who would wonder why I have suddenly disappeared from the scene and moreover, care enough shift their routine to check up on me? The only people who would know would still be my family and close confidants - relationships that thrive entirely offline.

Now in answer to your question, Brian:

A true friend will take you in at 11pm when you’re having a day from hell and let you smoke his last cigarette.

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Claim Your Blog on Technorati

Thursday, October 4th, 2007

Claiming your blog on Technorati establishes that you are the author or co-author of the blog, which allows you to use other Technorati services that can help increase its visibility. Claiming your blog is fast, easy, and can send more traffic to your site.

Why claim your blog on Technorati?

Claiming your blog on Technorati is like sticking a flag pole in the vast expanse of the rapidly expanding blogosphere. While this might seem like a futile endeavor in a world with over 106 million blogs, there are some social media marketing benefits:

  • You can have your name, photo, bio and blog description appear on Technorati search results that are related to your blog.
  • You can tag your blog for as many as 20 categories in Technorati’s Blog Directory, which can increase your visibility and traffic.
  • You can have a chance to be a featured blog on Technorati’s home page.
  • You can have access to additional tools and services.

How do you claim a blog?

If you are already a registered user of Technorati, click on the My Blogs tab and scroll to the Claim a Blog section at the bottom.

If not, click on the “Claim your blog now link.”
and create a Technorati profile, after which you will be taken to the blog claim page.

Enter your blog url. Now you have 2 choices:

1. Quick Claim Activation - certain blogging platforms like WordPress or TypePad enable you to quick claim your blog using your blog user name and password.

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2. Post Claim Activation - claim your blog by pasting the auto-generated code into a blog post and publish it. It needs to appear as an active hyperlink on the home page of your blog to work.

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Click on “Release the Spiders”. Once Technorati has verified your blog, you can delete the blog post.

Next, customize your blog info. Here you can add a short custom description of your blog and tag your blog for up to 20 categories.

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Done.

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Life as a Geek Marketer

Friday, September 14th, 2007

I was reading Steve Rubel’s blog Micro Persuasion and came accross his article “The Geek Marketer“.

I realized his blog post totally described trajectory I’m currently on and it put into perspective some of the challenges and triumphs that come with this hybrid role.

What I observe most frequently in my job are the tensions that arise between my company’s Marketing Department and our Internet Group. At the heart of the matter is the fact that these departments speak different languages, and the ensuing head-butting is “all very Mars and Venus” indeed.

According to Steve:
From www.micropersuasion.com:

With CEOs demanding accountability and time spent online climbing, chief marketing officers are on a push to embed technology into every facet of their strategy. But marketers and technologists are not exactly two peas in a pod. They speak different languages. Marketers like GRPs (gross ratings points). Geeks like APIs (application protocol interfaces). Dilbert mercifully pokes at these differences. It’s all very Mars and Venus.

Enter Geek Marketers. These cross-trained specialists are fluent in both worlds and bridge them. They are marketers by trade, yet they also have a hard-core interest in technology and social anthropology. As curious individuals, they are constantly studying how digital advances are changing our culture and media. Armed with these insights, they regularly apply them in a marketing context by working closely with brand teams to codify new best practices.

Geek Marketers create competitive advantage through rapid-fire testing and learning. The people I know in this role are shepherding the development, testing and measurement of all kinds of groundbreaking marketing programs. Their pilots span from the simple, such as building RSS feeds, to the complex, creating multifaceted community programs. Often they are paired with people like me, who are in a similar role on the agency side.

What Kind of Skills or Knowledge Sets do Geek Marketers Possess?

I ruminated on this question, came up with a list, and then posted the question on LinkedIn. I have to bow out to Marshall Clark Director of Search at FirstRanked for coming up with a far better list than mine.

Here’s the list that includes Marshall’s 8 year expertise and my “getting there” experience - it’s by no means cumulative. Feel free to add any additional skills you feel should be included.

Geek Marketer Marketing Skills:

• Search Engine Optimization
• Search Engine Marketing (PPC)
• Viral Marketing
• Social Media Marketing
• Guerilla Marketing
• Internet Strategy & Development
• Interactive Market Research
• Website Analytics
• ROI Tracking & Analysis
• Website Conversion Optimization
• Affiliate Marketing
• Community Development
• Online Reputation Management
• Website Development
• Blogging
• Web 2.0 Syndication
• Podcast/Videocast Production

Geek Marketer Technical Skills:

• HTML
• CSS
• PHP
• JavaScript/AJAX
• MySQL
• Apache Server Administration
• Java Administration

What Do Geek Marketers Read?

Gosh, the list of geek-centric internet marketing blogs out there seems endless, but here are some top picks:

Analytics Geek Marketers

Of course we mustn’t forget the analytics geeks, who are a special breed of their own. They are hard-core number-crunchers who use their mathematical expertise to understand consumer behavior, such as Satnam Singh, from the Consumer Insight Group of Avenue A/ Razorfish. Their knowledge of Excel will make you cry.

If you are an analytics geek and data makes you hot, Satnam recommends you check out Avinash Kaushik’s list of Top Ten Web Analytics Blogs.

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What Is a Social Media News Release?

Thursday, September 13th, 2007

The social media news release, also known as SMR, is a next-generation news release that integrates traditional and emerging forms of communications. SMRs incorporate social media features such as hyperlinks, social bookmarking, multimedia, comment and trackbacks.

Social media news releases are a powerful way to generate enormous buzz and create engaging dialogue among journalists, bloggers and other readers across the participatory web about your company and products.

Furthermore, SMRs offer all kinds of SEO benefits through viral linking.

This video from webitpr give a fantastic overview of the social media news release.

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Discovery Acquires Treehugger for $10M - the Masses Get Greener

Wednesday, August 8th, 2007

TreeHugger moves one step closer to its mission of greening the mainstream. Last week, Treehugger, the stylish, Webby Award-winning eco-blog, was acquired by Discovery for, rumors say, approximately $10M.

Discovery Communications, owners of the Discovery Channel, boasts a large network of online and television properties. Its acquisition of TreeHugger allows it to buy a piece of Web 2.0 cool. However, Discovery intends to look to TreeHugger for strategic direction on its Green initiatives, allowing this social media success story to reach the non-tech savvy masses in unprecendented ways.

TreeHugger is an award-winning blog whose mission is to make the mainstream sustainable. TreeHugger, currently ranked 16 on Technorati, serves more than 1.5 million unique visitors a month and has attained 50 million page views since its humble beginning as a MBA class project, nearly 4 years ago.

Other TreeHugger initiatives, like TreeHugger.tv, and Hugg - the eco-Digg are immensely popular within the Green community.

Discovery is TreeHugger’s Perfect Partner

While TreeHugger was courted by 15 large companies over the past year, the partnership with Discovery was a match made in Green heaven. In spite of interest by a number of compelling parties, TreeHugger did not compromise on its values and its original vision… and waited until the perfect partner came along.

“We had many conversations and concluded that we needed a partner with a sizeable, international audience, a kindred brand and a high level commitment philosophically and financially to green, “said TreeHugger Founder, Graham Hill.

Discovery, which reaches 1.5 billion subscribers around the world, with, primarily, high-quality, nature-related content, was a perfect fit. Furthermore, Discovery has committed over $50M towards the development of Green content and programming for its various online and offline channels, including a portfolio of leading Green web sites.

TreeHugger will play an active role in defining Discovery’s Green initiatives, such as its global multiplatform initiative, Planet Green, which includes the first 24/7 eco-lifestyle TV network, which will be launching in 50 million homes in 2008.

I had the pleasure of meeting Nick Aster, a San Francisco web developer and one of the founding members of TreeHugger, in October 2006. During this time, I was in deep in the throes of launching Mariri Magazine, a rainforest webzine powered by Joomla! Nick graciously agreed to an informational interview on the art of online publishing. After an hour-long conversation, I realized my tiny rainforest webzine had a long, long way to go.

I was, and still am, obsessed with understanding the secret to launching a successful online magazine, how to develop develop a never-ending flow of compelling content, create community, and monetize traffic all on a shoe-string budget. TreeHugger began with far bigger budget than I - seed funding from Graham Hill, eco-design entrepreneur, which was enough to support a team of 4-5 Presidio World College Sustainable MBAs to develop and the launch the site full time.

TreeHugger’s content is excellent, thanks to its ability to pay writers around the world for blog posts. Its highly engaged community generates new content daily. It has great ads, and is able to earn enough revenue from sponsorships and ad placements to provide each of its team members with a modest income.

TreeHugger is the “hip” in the “hippy”. Rather than bombard the masses with the unpalatable, guilt-ridden message of most conservation activists, TreeHugger succeeds because it appeals to the consumer in all of us.

Graham states, “99.9% of us are not going to wear loincloths and live in a commune. They are going to continue to buy things, so why not have them buy good things?”

Sources:

This Week’s Podcast with Treehugger by Heather Green

TreeHugger Acquired by Discovery Communications for $10M

TreeHugger Acquires Discovery Communications

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Why Wikipedia Dominates SERPs

Thursday, July 26th, 2007

Lorna Li and Jimbo Wales

I think Jimbo Wales is brilliant, but I must confess my love-hate relationship with Wikipedia.

As a blogger/ web publisher I love linking to Wikipedia, because the information is clear, concise, and easy. However, as a search marketer, I know I am contributing to Wikipedia’s inexorable rise to the top.

According to SeoChat, “Wikipedia has somehow hit on Google’s magic formula for reaching the top of search engine results pages (SERPs).” How so?

Wikipedia is a User-Generated Content Machine

As of July 20, 2007, Wikipedia has approximately 7.8 million articles in 253 languages. According to comScore Media Metrix, Wikipedia had about 47 million unique visitors, making it the 9th largest Web property that month.

Source: ClickZ

It is the largest, most extensive, and fastest growing encyclopedia ever compiled. Written collaboratively by volunteers around the world, editable by anyone with access to the Internet, it is a user-generated content machine. This massive volume of content, updated daily by tens of thousands of volunteers all over the Web, is an all-you-can-eat buffet for search engine spiders.

Wikipedia’s Site Architecture is Structured for Success

It has minimal code bloat and the HTML/XHTML validates. Wikipedia provides a clean indexing path for search engine robots. The interlinking structure is masterful, especially since, according to some SEOs, search engine spiders do not differentiate between inbound links from external sites and narcissistic internal page links. Google bots love Wikipedia’s site architecture, which is a model that SEOs ought to strive for.

Wikipedia Link Love - All Take, No Give

Search engines see inbound links as popularity votes and Wikipedia has about 2.5 million of them. Furthermore, these are high quality back links because the anchor text is frequently the keyword that relates to the page. Links from other growing collaborative Wikipedia projects, such as Wiktionary, Wikiquote, Wikibooks, Wikisource, Wikimedia Commons, Wikispecies, Wikinews, Wikiversity, and Meta-Wiki will, no doubt, add to the link love.

Early this year, Wikipedia added the <rel= “nofollow”> attribute to all outbound links in order to neutralize and discourage link spam. Many SEOs see this act to be as brilliantly diabolical as the orchestration of the Twin Tower attacks.

Why?

More than discouraging link spam, which can be effectively handled by a number of anti-spam tools, the <rel= “nofollow”> attribute ensures that Wikipedia rises to the top of SERPs.

How?

Link juice is the passing of page rank from one site to another. The <rel= “nofollow”> attribute instructs search engines that the outbound hyperlinks should not influence the destination page’s ranking in the search engine’s index.

The end result is that Wikipedia’s inbound link juice grows exponentially as people all over the Web link to it, but Wikipedia shares no link love at all through its external links. This juice-hording action is the dynamic that drives Wikipedia to the top of Google SERPs. Wikipedia is, in essence, a link hole - a black hole on the Web that sucks all the links in, but lets no links out.

Why do SEOs Hate Wikipedia?

Wikipedia’s domination of SERPs, makes it the object of fear, loathing, and secret envy among search engine optimizers (SEOs). At the heart of the debate is concern over the proliferation of amateur content on the Web, in addition to the ability of meritless and sometimes empty Wikipedia pages to outrank pages with better quality content.

Wikipedia Proliferates Amateur Content

Wikipedia is the logical starting point for information on general subjects on the Web. But it’s written by anonymous authors whose expertise is questionable. Wikipedia content is more often than not, not based on original research, but a re-writing of work performed by others - knowledge built by scanning other sites. However, its influence on the Web is so powerful, that it threatens the survival of more authoritative sites that pay for original content by diverting monetizable traffic to the Wikipedia universe.

While far better content written by experts might exist on the Web, its impossible for a search engine spider to determine what quality content is. Because Google ranks sites through an algorithm that cannot tell the difference between great content and regurgitated garbage, it bases relevance on the number of inbound links.

For this reason, Wikipedia occupies the top 5 positions for most all keywords, even for pages that are staged for future entries, but that are currently devoid of content. Wikipedia is the 800lb gorilla that always wins.

Wikipedia’s NoFollow Tag Sucks

The NoFollow Tag actually does nothing to discourage link spammers. Link spam can be effectively handled by link spam tools. Furthermore, Wikipedia’s legion of volunteer administrators can effectively identify and eliminate said link spam. If Wikipedia is all about community, it can at least friggin’ reward community participants who add valuable reference links to Wikipedia articles and enrich the global knowledge base with a little link love.

What To Do About Wikipedia?

Wikipedia will not go away. But if you can’t fight ‘em, join ‘em.

Green businesses, social enterprises, social activists don’t stand a chance against an 800 lb gorilla like Wikipedia - you will never outrank Wiki. However, your expertise has immense value in the world and deserves to be included in the Wikipedia’s knowledge base. Post relevant content, enhance Wikipedia articles and use your site as a reference. You will not gain any SEO advantage by dropping links, but you could get some traffic.

Reclaim Your Link Love

Practice safe link love - reclaim your Google juice by using the rel=”nofollow” attribute for Wikipedia.

Download this Wikipedia NoFollow plugin designed for WordPress.

Sources:

The Ultimate List of DoFollow and NoFollow Plugins

Top 50 US Web Properties, June 2007

Web Site Architecture Structured for Success

Wikipedia Conquering Google First, World Next?

Wikipedia Takes our Money & Links, Gives Nothing Back

Why Is Wikipedia On Top in Search Results?

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Make Me Sustainable, Please!

Monday, July 16th, 2007

I have to admit, as much as I preach about the environment, I harbor an awful, nagging sensation deep down inside that I am not as sustainable as I’d like to be.

I routinely leave my home in a mad morning rush for work, forgetting to shut off the ceiling fan. I agonize over which is worse, tossing out clear plastic bags, or using water to wash them. My laptop is on 24/7. The microwave I never use is perpetually plugged in. In fact, every single electronic item I own seems to be plugged in, always. I realize I have too many electronic gadgets that I dread to imagine buried in a landfill. I also happen to love international travel - and I know that no matter how eco I am, the jet fuel gets me every time.

I hope and pray to meet someone who can take me by the hand and Make Me Sustainable.

Fortunately, there’s now a Web 2.0 application that can help make us all be sustainable. Make Me Sustainable is a Web site that calculates your carbon footprint and allows you to set goals and take actions that will reduce your ecological impact.

You start off by selecting some basic indicators about your home and transportation. It then calculates your carbon footprint and energy costs.

What’s interesting is that its calculator, or Carbon and Energy Portfolio Manager (CEPM), will track monetary savings incurred through footprint reducing actions, as well as calculate your carbon reduction per year in tons. Even niftier, to highlight your real-world impact, it translates your reductions into estimated number of trees saved and number of cars taken off the road.

According to the Energy Information Administration (EIA), the average American’s carbon emission is 20 tons. In order to offset 20 tons of carbon, 1,263 American motorists would have to stop driving for one day.

Even with 3 long international flights a year, at 7.9 tons, perhaps I’m not so bad after all.

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StumbleUpon New Ways to Drive Traffic To Your Site

Thursday, July 12th, 2007

StumbleUpon is a social application that allows you to discover Web sites, people, videos, online communities, product information and more in a manner very much like channel-surfing, but for the Web.

How does StumbleUpon Work?

StumbleUpon recommends sites based on your personal preferences and the recommendations of friends and other websurfers like you. A simple 2-level rating system allows you the opportunity to pass on or give your opinion on any webpage with a single “thumbs up” or “thumbs down”. The community rating system enables StumbleUpon to make better recommendations as you stumble along, providing an increasing level of relevance over time. These ratings also connect people sharing unique combinations of interests. Stumblers can share their favorite web sites and interact with other users to further improve their web surfing experience.

How do you become a Stumbler?

All you need to do is simply download the free StumbleUpon Toolbar. As part of the installation process, you choose which topics you are most interested in. Done.

Why is StumbleUpon cool?

Since StumbleUpon technology functions in an entirely different way from search engines, which gravitate to the large, established, and highly-optimized sites, it is a fun, relaxing way to discover entirely new sites that might never be found on Google.

Since I became a Stumbler, I’ve stumbled upon websites showing low-impact Hobbit-like woodland homes, a real-time map of global carbon emissions, Sam’s mailbox picture collection, Greenpeace’s map of the gigantic North Pacific trash vortex, the incomprehensibly abstract dontclick.it experiment, and the Free Hugs Campaign, which, corny as it seems, both made me laugh and moved me to tears.

Oh my God…StumbleUpon is addictive.

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Social Media Optimization with StumbleUpon

Thursday, July 12th, 2007

Social media optimizers have long touted StumbleUpon’s usefulness in driving new direct traffic to your site. A number of social media optimization experiments have demonstrated StumbleUpon’s ability to generate a significantly larger amount of traffic than other social media sites.

Last June, Social Media Optimization performed an experiment to see What Social Media Sites Send Traffic.

They deliberately picked 2 blogs that were unknown, with no existing backlinks to them: The Story of Tea, and Shopping for Tents.

The number of visitors from each social media site for both posts combined were:

* Stumbleupon.com – 512 visits
* Reddit.com – 65 visits
* Digg.com – 12 visits
* Fark – 8 visits
* Indianpad.com – 7 visits
* Google Referral - visits
* Technorati.com – 3 visits
* Netscape.com -3 visits
* Myweb2.search.yahoo.com – 2 visits
* Newsvine – 1 referral

Interestingly, StumbleUpon sent 5 times more traffic than all of the other social media sites combined.

Furthermore, they discovered that StumbleUpon delivered the best quality traffic. While Digg and Fark visitors left the site immediately after reading the blog post, 67% of StumbleUpon visitors went past the landing page and visited at least one other page on the sites.

In January, SEOmoz released a piece of linkbait for a site called Drivl, called Every Single Mythbusters Myth EVER on One Page. In a period of 5 days, StumbleUpon delivered over 13,000 visitors.

Does StumbleUpon Traffic Convert?

Let’s pause and think about this one.

StumbleUpon is a social discovery site - with a hidden ad network. Web publishers can buy placements from StumbleUpon that guarantee a certain number of page views from StumbleUpon users per day. The cost is a minimum of $0.05 per visitor.

One one hand, while advertisers can reach a highly targeted audience, user interest areas are still fairly broad categories, like “ecology” or “Native American”. Furthermore, when users “stumble” they are in “discovery” mode, not “shopping mode”. So it is not surprising that ads displaying a product (relating to a broad interest area) that the user was not specifically searching for would convert terribly.

In February, SEOmoz published statistics on their Conversion Rate Tracking For Signups, which showed referrals from various sources, StumbleUpon included. For SEOmoz, “conversion” was registering on their blog for free.

StumbleUpon sent 55,599 visitors, but only 22 people signed up - the 0.03% conversion rate being the worst of the bunch.

Suppose SEOmoz paid $0.05 per impression for StumbleUpon’s paid inclusion program. That would have amounted to nearly $2800 for only 22 conversions, a whopping $125 cost per acquisition (CPA).

Conclusions?

  1. If you have good, linkable content, expect StumbleUpon to send you a few visitors.
  2. If you have amazing content, expect overwhelming response.
  3. When creating linkbait, take into account that page’s “Stumbleability”.
  4. Use StumbleUpon for brand awareness, and think twice about paying for it.

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eBay’s $75M Purchase of StumbleUpon is “Not a Drug Induced Hallucination”

Wednesday, July 11th, 2007

Two weeks ago I went to StumbleUpon’s summer party at 111 Minna Gallery, San Francisco’s Soma district, conveniently located downstairs from their office and a fortunate 3 blocks from my house. Complimentary beer, wine, and champagne flowed all night long, and San Francisco’s tech crowd was happy.

Photo courtesy of Scott Beale of Laughing Squid

Now, I thought it was kind of odd that eBay, an online auction house and e-commerce site, would buy StumbleUpon, a Web 2.0 website discovery platform for an eyebrow raising price of $75 million. Was eBay simply trying to buy a piece of the Web 2.0 cool, or is there indeed a compelling financial motive?

The StumbleUpon community has grown 150 percent year over year, by word-of-mouth only, delivering approximately five million new recommendations a day to its roughly 2.3 million highly-engaged users. But 2.3 million users is barely a drop in the SNS market.

Source: TechCrunch

For most of us, StumbleUpon a free, easy-to-download toolbar that sits benignly in your browser window and, from time to time, takes you on a fun journey into the far reaches of the Web.

Look below the surface, one will find a hidden ad network with an interesting revenue model and profound implications for paid search.

You see, the sites presented by StumbleUpon’s system, are, in fact, not purely random. Web Publishers can buy placements from StumbleUpon that guarantee a certain number of page views from StumbleUpon users per day. The cost is a minimum of $0.05 per visitor.

Advertisers are thrilled because they reach a highly targeted, attentive audience - provided they show something interesting enough to avoid getting thumbed down. Users are unfazed - since the site is related to their interests, most of the time, they can’t tell the difference.

StumbleThru eBay Shopping

StumbleUpon’s new StumbleThru component, launched 4/20 this year, is thought be the bigger motivation for eBay’s acquisition. With the explosive growth of online destination sites like Flickr , MySpace, and Wikipedia it is near impossible to find meaningful content amidst the millions of pages on domains with exponentially expanding user generated content. eBay included.

StumbleThru allows users to stumble, semi-randomly, through the pages of a specific site just as if they were stumbling the entire Web. Imagine stumbling through the universe of eBay auctions, or listings of products at eBay’s, Half.com. Hmmmm.

According to Seeking Alpha, a provider of stock market opinion and analysis, while the purchase price might be startling, from a marketing perspective, eBay’s purchase price of $75 million is “not a drug induced hallucination.”
From internet.seekingalpha.com:

With about 2.3m users…eBay is paying approximately $37 per head. As a lead generation fee, that’s not much more than what eBay pays affiliate network sites. If someone, for example, creates an eBay account and than makes one bid on an auction to activate the account, eBay will pay a lead referral fee of around $25-35 plus a revenue share of won auctions.

With five million web recommendations thrown out a day, and now, some large portion of those being sure to go to eBay sites, eBay is effectively gaining a new marketing channel for a fixed upfront fee.”

Stumble Upon also generates revenue. It’s probably not a cash cow, but it has managed to survive with almost no outside investment. (It closed on an angel investment round in 2006). Mix that revenue to cover operating expenses and then ask: is the value of converted leads, and web marketing, over the next year or two enough to justify the price? That’s debatable, but consider one more number in the calculation: $41 .

$41 would be the CPM (Cost per thousand impressions or thousand displays of a web advertisement) if the only way to value this deal were in the terms of advertising and the advertising price. Specifically: At 5m impressions per day, over 365 days, assuming no growth or churn, StumbleUpon will serve 1.825b page views in a year. Broken down to CPM, or increments of 1000 displays, that equals a fee of $41 per ad (e.g. $41 CPM). (The math is the purchase price divided by Impressions in units of 1000)

If the combined actual revenue from Stumble Upon plus lead generation revenue (from converted new eBay customer sign ups or increased transactions generated from in–site stumbling) generates $20m, the CPM rate would adjust down to about $30 (same math but with the purchase price lightened by $20m to account for the revenue income). Go one step further and split that cost over two years and the CPM is down to a not so crazy seeming $15? So, in the terms of marketing expenses is the valuation of this deal absurd? Doesn’t seem so. $50m would have been better, but $75 is not a drug induced hallucination.

eBay is not buying Stumble Upon for revenue; it’s buying them for marketing and it’s buying them as a tool to help its other businesses. That’s particularly necessary these days when eBay’s retailing businesses are growing more slowly.

Within a marketing framework, there is a clear value proposition. And using marketing/advertising metrics to back out the price, the valuation isn’t crazy.

Sources:

eBay Acquires StumbleUpon: 8 Reasons Why

eBay’s StumbleUpon Acquisition: Confirmed at $75 Million

Why eBay’s StumbleUpon Purchase Actually Makes Sense

StumbleThru : Site Specific StumbleUpon Released

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