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	<title>One By One Media &#187; Blog Revenue</title>
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		<title>Someone Has To Pay For Free</title>
		<link>http://www.onebyonemedia.com/someone-has-to-pay-for-free/</link>
		<comments>http://www.onebyonemedia.com/someone-has-to-pay-for-free/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 18:36:01 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Blog Metrics]]></category>
		<category><![CDATA[Blog Revenue]]></category>
		<category><![CDATA[Media]]></category>
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		<category><![CDATA[Social Media]]></category>
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		<category><![CDATA[ComScore]]></category>
		<category><![CDATA[Facebook]]></category>
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		<category><![CDATA[Free]]></category>
		<category><![CDATA[Jason Calacanis]]></category>
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		<category><![CDATA[Social Media Consultant]]></category>
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		<guid isPermaLink="false">http://www.onebyonemedia.com/?p=922</guid>
		<description><![CDATA[

I have been writing this post in my head for a while after I was catching up on the drama that unfolded with Jason Calacanis and the people at Comscore.  If you have no idea what I might be talking about, you can read all about that flap on Jason&#8217;s Posterous blog, and certainly the [...]]]></description>
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<p><!-- sphereit start --><br />
<a href="http://www.onebyonemedia.com/wordpress/wp-content/uploads/moneybird.jpg"><img class="size-medium wp-image-924 alignleft" title="moneybird" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/moneybird-300x199.jpg" alt="" width="300" height="199" /></a>I have been writing this post in my head for a while after I was catching up on the drama that unfolded with Jason Calacanis and the people at Comscore.  If you have no idea what I might be talking about, you can read all about that flap on <a href="http://jasoncalacanis.posterous.com/why-we-should-boycott-comscore-and-perhaps-wh">Jason&#8217;s Posterous blog</a>, and certainly the echochamber that ensued following as <a href="http://calacanis.com/2010/01/25/about-14-posts-on-the-comscore-black-mail-program-any-missing-2/">compiled by Techmeme and listed out by Jason</a>.</p>
<p>In the tech world online and in social media circles we have been trained that we can do a whole lot of things for very little, and in most cases, everything we want to do has a &#8220;Free&#8221; application associated with it.  Things like YouTube, Blogs, Twitter, Facebook, Flickr, and a plethora of other things we &#8220;sell&#8221; to clients and companies that come in our toolkit we obtained for free or for very little investment.  Our investment at this point has been the time it takes to understand and implement the use of such tools.  This has been a very lucrative part of being a social media consultant and I suppose why you cannot swing a dead cat in a room and not hit one or two of the &#8220;experts&#8221; in our business.  Free is always easy to sell.</p>
<p>I have talked before about &#8220;<a href="http://www.onebyonemedia.com/old-media-a-job-and-new-media-a-hobby-the-problems-of-free/">The Problems of Free</a>&#8220;, and I also talked about how companies are using <a href="http://www.onebyonemedia.com/startup-companies-making-money-from-free/">free as a business model.</a> I want to turn back to the discussion or debate related to Comscore.  We have begun to expect companies to provide services online for free or for very little cost, and as I see it that proposes a problem somewhere in the chain.  Comscore cannot compete with Free.  Someone has to pay for free.</p>
<p>If you are providing a service online, or if you have the latest cool application and you offer it to your users for free, how do you make money?  I often ask many of the startups that come to me what their revenue model is and how they plan to make money.  This is usually followed of course with &#8220;How are you going to pay me?&#8221;  I am not yet providing &#8220;Free&#8221; for my own services.  Many companies have long drawn out plans with &#8220;ad revenue&#8221;, affiliate marketing&#8221;, or worse yet I get a blank stare of &#8220;we have not yet come to that part of the business plan.&#8221;</p>
<p>In the end, you have to pay for the service you provide, be it your time, servers, salaries, and long lunches at In-N-Out.  Comscore is having the problem explaining that they have to pay their bills.  We have to give our stockholders a piece of the pie and we have to pay our salaries and everything associated with the costs of giving you what you want.  They are not able to barter it all and they certainly cannot ask their employees to do it out of the goodness of their hearts, so they have to charge.  I am not sure whether Jason or anyone else has really come up with an alternative to charging for Comscore&#8217;s services, other than perhaps the aforementioned ad revenue or the like.  Someone has to pay for the free in the chain of the exchange.  The problem that I see is that Comscore is asking the customer to pay when others are offering it for &#8220;free&#8221;, but even in that instance, someone is paying for the free.</p>
<p>Photo via <a href="http://www.flickr.com/photos/publicdomainphotos/3970104400/">Photos8.com</a>
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		<title>Sponsored Status?  Not Facebook</title>
		<link>http://www.onebyonemedia.com/sponsored-status-not-facebook/</link>
		<comments>http://www.onebyonemedia.com/sponsored-status-not-facebook/#comments</comments>
		<pubDate>Tue, 11 Aug 2009 14:43:00 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[BTW]]></category>
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		<description><![CDATA[

I have been a follower of the sponsored conversations and sponsored tweets and the sponsored anything for a while now and I intend to keep on top of it because it does have somewhat of a effect on my business model although indirect. TechCrunch talks about banning sponsored status updates from their application.  This will [...]]]></description>
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<p><!-- sphereit start -->
<p><img height="61" style="margin: 5px; float: left" width="150" alt="" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/facebook1.png" />I have been a follower of the sponsored conversations and sponsored tweets and the sponsored anything for a while now and I intend to keep on top of it because it does have somewhat of a effect on <a href="http://bloggersforhire.com">my business model</a> although indirect. <a href="http://www.techcrunch.com/2009/08/11/facebook-proposes-to-ban-sponsored-status-updates/">TechCrunch talks about banning</a> sponsored status updates from their application.  This will take on quite a white hat look in many of the purists&#8217; eyes, but in my eyes if seems to be a horse of a different color.  As a social media consultant I always talk about the metrics and ROI of using some of these tools, and the business model given today&#8217;s idea of return does not have much spark as it relates to sponsored status updates on <a href="http://facebook.com">Facebook.</a>  </p>
<p>For the most part, sponsored conversations or updates or tweets or whatever the case is mostly about reach.  Part of that reach and probably what is most important to advertisers and brands is the amount of eyeballs.  Let&#8217;s face it, they are not banging my door down to put up banner ads here as I am not getting the reach they require, and that is exactly why Facebook&#8217;s idea of banning the practice of sponsored updates is sort of a moot point.</p>
<p>With the limits they have on &quot;friends&quot; there will never be the huge amount of eyeballs that brands and media buyers are looking for in a property.  My Facebook page will only ever have 5000 friends at the most.  That is not what they want.  They are looking for the biggest bang for their buck.  I do understand and argue that its not about the number of followers it is about the number of conversions, or how or who you influence, but that thinking has not reached the heads of the people that are signing the checks.  I think if I were to ask <a href="http://IZEA.com">Ted Murphy</a> the best way to sell the sponsored conversations it would be about your number of page views over the number of cool people you know.  </p>
<p>I think this has to do with a preemptive strike and more about what they have for plans down the road.  I do think however that with the addition of FriendFeed now in their crown jewels, it may also be a tell of what they have in store for a plan to for future looks of their new acquired service. As the FTC becomes involved and we see more and more of a crackdown these types of maneuvers will be quickly reversed or adopted but I applaud Facebook for taking a stand in this part of the controversy.</p>
<p>UPDATE:  I forgot to mention something I thought I should get into this post.  With the banning of sponsored conversations this also make it difficult to cross pollinate all of your networks with a sponsored post which in turn keeps the walled garden feel to Facebook which I think also helps their business plan.  Keeping third party applications from sending out a mass tweet/update/status message to all of your &quot;friends&quot; at once makes it also difficult.</p>
<p><small>Tags: <a rel="tag" href="http://technorati.com/tag/Facebook">Facebook</a>, <a rel="tag" href="http://technorati.com/tag/TechCrunch">TechCrunch</a>, <a rel="tag" href="http://technorati.com/tag/Sponsored+Status">Sponsored Status</a>, <a rel="tag" href="http://technorati.com/tag/Sponsored+Conversations">Sponsored Conversations</a>, <a rel="tag" href="http://technorati.com/tag/Sponsored+Tweets">Sponsored Tweets</a>, <a rel="tag" href="http://technorati.com/tag/ROI">ROI</a>, <a rel="tag" href="http://technorati.com/tag/Marketing">Marketing</a>, <a rel="tag" href="http://technorati.com/tag/Social+Media+Advertising">Social Media Advertising</a></small></p>
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		<title>Old Media A Job and New Media A Hobby: The Problems of Free</title>
		<link>http://www.onebyonemedia.com/old-media-a-job-and-new-media-a-hobby-the-problems-of-free/</link>
		<comments>http://www.onebyonemedia.com/old-media-a-job-and-new-media-a-hobby-the-problems-of-free/#comments</comments>
		<pubDate>Tue, 28 Jul 2009 22:12:41 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Advertising]]></category>
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		<description><![CDATA[

I was reading through an article on Spiegel Online International and an interview of Chris Anderson, Editor of Wired magazine.  The article goes into detail as to the thoughts of Anderson and how he perceives the idea of new media.  I wanted to pull out some of the quotes from that article and comment on [...]]]></description>
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<p><img height="342" style="margin: 5px; float: left" width="225" alt="" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/free.jpg" />I was reading through an article on Spiegel Online International and an <a href="http://www.spiegel.de/international/zeitgeist/0,1518,638172,00.html">interview of Chris Anderson</a>, Editor of Wired magazine.  The article goes into detail as to the thoughts of Anderson and how he perceives the idea of new media.  I wanted to pull out some of the quotes from that article and comment on them.  The first of the comments that jumped out and smacked me across the face and it should others in the print media world was his take on the San Francisco Chronicle:</p>
<blockquote>
<p><strong>SPIEGEL:</strong> Your local newspaper, the <em>San Francisco Chronicle</em>, is fighting for survival. If it was to disappear tomorrow &#8230;</p>
<p><strong>Anderson:</strong> &#8230; I wouldn&#8217;t notice. I don&#8217;t even know what I&#8217;d be missing.</p>
</blockquote>
<p>In a word, OUCH.  Up to this point I was forming an argument in my head that the print media was another form of consumable information we all rely on for another take of a news story, but to say that a newspaper&#8217;s disappearance has not bearing on your world is a mind-numbing thought.  I wondered what Anderson would think if a statement about Wired would make him have talk differently if it were to shut down tomorrow?  I think he goes into the real reason why that wouldn&#8217;t happen, and a take similar to what I inferred with the <a href="http://www.onebyonemedia.com/the-changing-face-of-journalism-or-fixing-businessweek/">remaking of BusinessWeek</a>. His take on the cost of old media:</p>
<blockquote>
<p><strong>Anderson:</strong> The math of profit is pretty easy, revenues minus cost. You do your best on the revenue side and if you are not making money you lower your costs. The problem is not that there isn&#8217;t money to be made online, it&#8217;s just that our costs are too high.</p>
</blockquote>
<p>This seems like a no brainer but for some it seems that this is the mountain they cannot climb.  The problem is that there are people out there giving away the cow for free which is of course the book Anderson released.  He goes into the economy issue:</p>
<blockquote>
<p><strong>Anderson:</strong> Attention and reputation are two non-monetary economies. The vast majority of people online write for free. We&#8217;ve tried paying some of our bloggers and they thought it was insulting. They&#8217;re not doing it for the money, they&#8217;re doing it for attention and reputation, or just for fun. For example, two years ago, I started this Web site called <a href="http://www.geekdad.com" target="_blank" title="GeekDad">geekdad.com</a>. It&#8217;s about being a dad and being a computer geek. We&#8217;re writing about how to do things that are fun for kids and fun for dads. It&#8217;s a community project, everyone contributes for free but we now have an audience bigger than many newspapers. And there are an infinite number of sites like this out there.</p>
</blockquote>
<p>Not only are there an infinite number of sites out there that are doing just as he states, but they are doing it on budgets that most expense accounts could not cover in the traditional industry.  They are providing the news and they are doing it with close to nothing, which is completely game changing in this economy.  </p>
<p>I do like the end of the interview when Anderson is asked about charging for his book and they talk about &quot;time is money.&quot;  This is somewhat of a dichotomy since nothing seems to be actually free.  This could be part of the reason we are in this situation to begin with, someone did it for free.</p>
<p>[photo via <a href="http://latimesblogs.latimes.com/jacketcopy/2009/06/chris-andersons-free-borrows-freely-from-wikipedia-and-other-sources.html">LA Times</a>]</p>
<p><small>Tags: <a rel="tag" href="http://technorati.com/tag/Spiegel+Online+International">Spiegel Online International</a>, <a rel="tag" href="http://technorati.com/tag/Chris+Anderson">Chris Anderson</a>, <a rel="tag" href="http://technorati.com/tag/Free">Free</a>, <a rel="tag" href="http://technorati.com/tag/Old+Media">Old Media</a>, <a rel="tag" href="http://technorati.com/tag/New+Media">New Media</a>, <a rel="tag" href="http://technorati.com/tag/Traditional+Media">Traditional Media</a>, <a rel="tag" href="http://technorati.com/tag/Newspapers">Newspapers</a>, <a rel="tag" href="http://technorati.com/tag/Blogs">Blogs</a></small></p>
</p>
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		<title>Living in a Facebook World?</title>
		<link>http://www.onebyonemedia.com/living-in-a-facebook-world/</link>
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		<pubDate>Wed, 24 Jun 2009 20:22:09 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Blog Consulting]]></category>
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		<description><![CDATA[

For a long time I have been touting that we all live in a Google world.  We cannot seem to leave our house without first checking directions on Google, or order Chinese food without getting the local menu and number from Google, etc.  Many companies have come to us and asked, &#34;How do we get [...]]]></description>
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<p><img height="56" style="margin: 5px; float: left" width="150" alt="" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/facebook.jpg" />For a long time I have been touting that we all live in a Google world.  We cannot seem to leave our house without first checking directions on Google, or order Chinese food without getting the local menu and number from Google, etc.  Many companies have come to us and asked, &quot;How do we get on page one of Google&#8217;s search results?&quot;  That has been the mainstay of my presentations about why companies need to get into blogging and other forms of social media.  I have yet to figure into the mix, <a href="http://www.facebook.com">Facebook.</a></p>
<p><img height="57" style="margin: 5px; float: right" width="143" alt="" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/google.jpg" />Reading the article today that Wired put out about the <a href="http://www.wired.com/techbiz/it/magazine/17-07/ff_facebookwall">&quot;Great Wall of Facebook: The Social Network&#8217;s Plan to Dominate the Internet — and Keep Google Out&quot;</a>, I began to think of living in a Facebook world.  I never really considered these to be rivals in the big scheme of things as Facebook is a social network and Google a search engine, but I see now that there are many players all jockeying for position in world of the Internet.  </p>
<p><img height="66" style="margin: 5px; float: left" width="190" alt="" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/twitter_logo.jpg" />I also think there is another small player that might be making things interesting and that of course is the social media darling of the bunch, Twitter.  They can help perform the function of both search and of the social network.  All of it actually has to do with data.  As we begin to see the emergence of what I call 2009 The Year of Listening, more and more companies are concentrating on brand monitoring and reputation monitoring and how they can get into community and infiltrate them with their brand, their message and their mission.  Yes, it is all about the business after all and that is the company that will win.  Which one will provide the best of all worlds?  Right now we are still living in the Google world, but there are some other players in the Internet solar system.  </p>
<p><small>Tags: <a rel="tag" href="http://technorati.com/tag/Facebook">Facebook</a>, <a rel="tag" href="http://technorati.com/tag/Google">Google</a>, <a rel="tag" href="http://technorati.com/tag/Twitter">Twitter</a>, <a rel="tag" href="http://technorati.com/tag/Search+Marketing">Search Marketing</a>, <a rel="tag" href="http://technorati.com/tag/Social+Media+Marketing">Social Media Marketing</a>, <a rel="tag" href="http://technorati.com/tag/Social+Networks">Social Networks</a></small></p>
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		<title>New Media Marketing?  Is it taking a backseat?</title>
		<link>http://www.onebyonemedia.com/new-media-marketing-is-it-taking-a-backseat/</link>
		<comments>http://www.onebyonemedia.com/new-media-marketing-is-it-taking-a-backseat/#comments</comments>
		<pubDate>Thu, 09 Apr 2009 18:59:32 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Blog Metrics]]></category>
		<category><![CDATA[Blog Mining]]></category>
		<category><![CDATA[Blog Platforms]]></category>
		<category><![CDATA[Blog Revenue]]></category>
		<category><![CDATA[Bloggers and Blogs]]></category>
		<category><![CDATA[Blogonomics]]></category>
		<category><![CDATA[Business Blogging]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Search Engine Optimization]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Social Media]]></category>

		<guid isPermaLink="false">http://www.onebyonemedia.com/new-media-marketing-is-it-taking-a-backseat/</guid>
		<description><![CDATA[

Just reading over at Profy and Svetlana Gladkova asking the question, &#34;Twitter is a Popular Marketing Tool?&#34;.  The analysis is interesting on Svetlana&#8217;s piece and I think you should read it.  The thing that caught my eye was less about the written words and more about the graphic she had in the post.
  
The thing [...]]]></description>
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Just reading over at <a href="http://profy.com">Profy</a> and Svetlana Gladkova asking the question, &quot;<a href="http://profy.com/2009/04/08/twitter-huge-popular-marketing-tool-probably-no/">Twitter is a Popular Marketing Tool</a>?&quot;.  The analysis is interesting on Svetlana&#8217;s piece and I think you should read it.  The thing that caught my eye was less about the written words and more about the graphic she had in the post.</p>
<p> <img height="482" width="575" class="alignnone size-full wp-image-715" alt="online-business-tools1" title="online-business-tools1" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/online-business-tools1.png" /> </p>
<p>The thing that made me note this graph was the far right three forms of online tools being used, blogs, podcasts and Twitter.  I preach of course that these are the &quot;new media&quot; and that companies should be embracing them, but it is nowhere near the use of direct mail.  I was amazed at the lopsided view of this. Twitter is the new media darling and blogs are making somewhat of a comeback since breaking on the scene at the beginning of the century.  I am curious how the study was conducted and as I understand it it was conducted by <a href="http://www.webtrends.com">WebTrends</a>.  The study appears to address only the European companies but I think that the results can be indicative of what is happening here as well.  As the economy keeps dipping and we go back to the &quot;what works&quot; idea of marketing, I see the testing of social media to be take a backseat to the more measurable results of the past.</p>
<p><small>Tags: <a rel="tag" href="http://technorati.com/tag/New+Media">New Media</a>, <a rel="tag" href="http://technorati.com/tag/Twitter">Twitter</a>, <a rel="tag" href="http://technorati.com/tag/Twitter+Marketing">Twitter Marketing</a>, <a rel="tag" href="http://technorati.com/tag/Social+Media">Social Media</a>, <a rel="tag" href="http://technorati.com/tag/Social+Media+Marketing">Social Media Marketing</a></small></p>
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		<title>Blogging Networks Feeling The Economic Pain</title>
		<link>http://www.onebyonemedia.com/blogging-networks-feeling-the-economic-pain/</link>
		<comments>http://www.onebyonemedia.com/blogging-networks-feeling-the-economic-pain/#comments</comments>
		<pubDate>Sun, 01 Feb 2009 05:41:15 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Blog Revenue]]></category>
		<category><![CDATA[Blogonomics]]></category>
		<category><![CDATA[Mediasphere Radio]]></category>
		<category><![CDATA[Blogging Revenue]]></category>
		<category><![CDATA[Pajamas Media]]></category>

		<guid isPermaLink="false">http://www.onebyonemedia.com/blogging-networks-feeling-the-economic-pain/</guid>
		<description><![CDATA[

I have been following the story of Pajamas Media and the closing of their ad network operations as of April 1. This is not earth shattering news as we see the boom days of blog earnings begin to buckle under the economy and crash on the rocks caused by the storm. We have seen other [...]]]></description>
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<p><img src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/headache.jpg" width="133" height="196" alt="headache.jpg" style="float:left; margin-top:10px; margin-right:10px; margin-bottom:10px; margin-left:10px;" />I have been following <a href="http://www.windsofchange.net/archives/rip_pajamas_media_ad_network.html">the story of Pajamas Media</a> and the closing of their ad network operations as of April 1. This is not earth shattering news as we see the boom days of blog earnings begin to buckle under the economy and crash on the rocks caused by the storm. We have seen other networks close and cut back and have similar problems. As companies cut back on their ad spends it stands to reason that these forms of revenue will dry up or become scarce. i think this is not going to end any time soon.</p>
<p>One of the reasons ad networks were so powerful before was because they could leverage large page views and could funnel the eyeballs into one place better than companies looking to buy up ad space on single blogs. That trend has changed now as properties that have large followings have figured out how to leverage and negotiate their own advertising deals cutting out the middle man. The smaller single manned blogs are also more flexible and don&#8217;t need quite the investment to turn a profit. We are seeing a definite shift in the blogosphere and that shift will continue to transmogrify into a new model that is hopefully better.</p>
<p>I intend to discuss this further <a href="http://www.blogtalkradio.com/socialmediasphere">on my radio show</a> on Tuesday. I want to have a few or the blogging experts weigh in on this as well as discuss my ideas further. Join me on Tuesday at 5 p.m. PST as I discuss ad revenue and blog networks further.</p>
<p>[Headache photo via <a href="http://www.flickr.com/photos/pvera/120261604/">pvera</a>]</p>
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		<title>Budgeting Social Media Management</title>
		<link>http://www.onebyonemedia.com/budgeting-social-media-management/</link>
		<comments>http://www.onebyonemedia.com/budgeting-social-media-management/#comments</comments>
		<pubDate>Fri, 05 Dec 2008 06:25:39 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Blog Metrics]]></category>
		<category><![CDATA[Blog Revenue]]></category>
		<category><![CDATA[Blog Tools]]></category>
		<category><![CDATA[Bloggers For Hire]]></category>
		<category><![CDATA[Blogonomics]]></category>
		<category><![CDATA[Corporate Blogs]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Budgets]]></category>
		<category><![CDATA[Marketing Profs]]></category>
		<category><![CDATA[Paul Dunay]]></category>
		<category><![CDATA[Traditional Media]]></category>

		<guid isPermaLink="false">http://www.onebyonemedia.com/budgeting-social-media-management/</guid>
		<description><![CDATA[

Reading Marketing Profs Paul Dunay&#8217;s post regarding the company budget for social media I found it interesting specifically about the idea behind content creation. Paul states:

Ok but the real cost (again unlike the traditional media stuff) is in Content Creation to fill up those social media / new media channels &#8211; here is where the [...]]]></description>
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<p>Reading Marketing Profs Paul Dunay&#8217;s post regarding <a href="http://www.mpdailyfix.com/2008/12/social_media_budget_ratio.html">the company budget for social media</a> I found it interesting specifically about the idea behind content creation. Paul states:</p>
<blockquote>
<p>Ok but the real cost (again unlike the traditional media stuff) is in Content Creation to fill up those social media / new media channels &#8211; here is where the cost can get large. I happen to think I am very fortunate since I work at a consulting firm where many people are thought leaders &#8211; so we have no shortage of opinions <img src='http://www.onebyonemedia.com/wordpress/wp-includes/images/smilies/icon_wink.gif' alt=';-)' class='wp-smiley' /> </p>
</blockquote>
<p>He does not get into the costs specifically as he does with pricing the actual tools of social media. The tools he itemizes are:</p>
<p>A Blog;</p>
<p>A Podcast;</p>
<p>A Video;</p>
<p>A Wiki; and</p>
<p>A Community.</p>
<p>I refer to these things as tools as I also believe that applications can be used in a social media planned budget as well. The applications are mostly free to very inexpensive. I did notice he did not budget for the activities surrounding the likes of Twitter or other which enhance the above tools. Basically, they are free. He is correct however when he states:</p>
<blockquote>
<p>So unlike traditional media â€“ Print, TV and Radio &#8211; which can cost big money. Social mediaâ€™s upfront costs very little&#8230;</p>
</blockquote>
<p>You have to read through <a href="http://buzzmarketingfortech.blogspot.com/2008/10/media-budget-ratio-how-much-should-b2b.html">his original post regarding the overall budgets</a> to get an idea of the numbers, but I wanted to wrap my mind around the budget ideas first and foremost. The low cost of social media is right now making it a hot and much sought after way of accomplishing a company&#8217;s advertising, marketing and public relations strategy.</p>
<p>The real cost is the people that can manage this strategy, someone that can understand the uses of each tool and application and how to make it work for its intended use. This is where the budget has to be difficult to nail down. The person that is responsible for this doesn&#8217;t even have a job title or description these days. Is it the marketing person, the advertising person or the public relations person that handles this? What department do we charge for the implementation of this new way of handling our media? These are some difficult questions to answer. I am personally seeing many more job openings on job boards, and seeing recruiters provide the answers to the question of who to place in the position. The real question I have for Paul is the budget for the wage for this person. How much does your company expert in the leadership of social media get paid? Do you have a budget line item for a social media manager?</p>
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		<title>Twitter Keeps Flying But Magpie Makes The Money</title>
		<link>http://www.onebyonemedia.com/twitter-keeps-flying-but-magpie-makes-the-money/</link>
		<comments>http://www.onebyonemedia.com/twitter-keeps-flying-but-magpie-makes-the-money/#comments</comments>
		<pubDate>Tue, 25 Nov 2008 07:06:34 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Blog Platforms]]></category>
		<category><![CDATA[Blog Revenue]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Magpie]]></category>
		<category><![CDATA[TechCrunch]]></category>
		<category><![CDATA[Twitter]]></category>

		<guid isPermaLink="false">http://www.onebyonemedia.com/twitter-keeps-flying-but-magpie-makes-the-money/</guid>
		<description><![CDATA[

As I was growing up in rural Colorado, we had plenty of opportunities to see magpies in their environment. They were usually standing over the latest roadkill. Basically they are scavengers. They get fed from nothing they have done on their own but finding the opportunity. I draw that picture to my own mind and [...]]]></description>
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<p><img src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/magpie.jpg" width="239" height="193" alt="magpie.jpg" style="float:left; margin-top:10px; margin-right:10px; margin-bottom:10px; margin-left:10px;" />As I was growing up in rural Colorado, we had plenty of opportunities to see magpies in their environment. They were usually standing over the latest roadkill. Basically they are scavengers. They get fed from nothing they have done on their own but finding the opportunity. I draw that picture to my own mind and drawing the metaphor of the name and bird over to thinking about the latest company and their attempt to monetize from the efforts of others. I am speaking from the recent launch of a advertising site that is asking people to use their <a href="http://www.twitter.com">Twitter</a> stream for advertising purposes. I am speaking of <a href="http://be-a-magpie.com/">Magpie</a>. I had a chance to hear of this from my friend <a href="http://geekmommy.net/">Lucretia Pruitt</a> (<a href="http://twitter.com/geekmommy">@geekmommy</a>) on Twitter itself.</p>
<p>I spoke about the idea of a <a href="http://www.onebyonemedia.com/twitter-is-the-epitome-of-social-media/">third party monetizing Twitter</a> earlier today. I think that Twitter needs to get on board with a private beta or an alpha or a something. I know they have been wrestling with this like most others on how they take something and make money at it. They throw ads on it and sit back and hope the sales guys can turn a profit. I&#8217;m not in the boardroom of Twitter and this is probably already a part of their behind the scenes workings. At least I hope so given their latest offer of $500 Million from Facebook. To turn down an amount like that you have to have your reasons. I know they say Facebook is overvalued but that is another blog post completely.</p>
<p>Frankly they may do well to have Magpie or another third party prove the ability to make it work and then just take some of the money they have and buy it up. I&#8217;m sure that they would not have a problem to make that happen unless of course the price tag of the company was too high and in that respect they merely block the company from the API and not allow them to use twitter for that purpose. The terms of service clearly allows for them to do what they feel is best for Twitter:</p>
<blockquote>
<p>We reserve the right to alter these Terms of Use at any time.</p>
</blockquote>
<p>Magpie spends the time the effort and energy to monetize the system, gets everyone used to the fact that Twitter now shows up with ads in the streams, or in the background and companies bring the ads and back the money truck up to the Twitter dock.<br />
I have seen and read about the idea that the people on Twitter are calling the Magpie service the <a href="http://payperpost.com/">PayPerPost</a> (Ted Murphy&#8217;s company that used bloggers and their blog content for advertising, now known as IZEA) of Twitter. People forget that PayPerPost was not real popular with the blogging elite or the purists, yet the investors and VC types have been writing checks to the group on a regular basis. I can foresee the same thing happening for the folks at Magpie. They are beginning to get some traction and according to <a href="http://www.techcrunch.com/">TechCrunch</a> people that use their service are bound to <a href="http://www.techcrunch.com/2008/11/23/be-a-magpie-is-payperpost-for-twitter/">make some decent money</a>.</p>
<p>[photo via <a href="http://www.flickr.com/photos/ukwildlife/2296622422/">Neil Phillips</a>]</p>
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		<title>Black Friday&#8211;Are We Seeing The Demise of Blogging Networks?</title>
		<link>http://www.onebyonemedia.com/black-friday-are-we-seeing-the-demise-of-blogging-networks/</link>
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		<pubDate>Wed, 30 Jul 2008 19:28:24 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
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I have been watching the recent demise of one of my favorite blogging networks called Know More Media. A business blogging network with its focus on the business world. I have been reading Easton Ellsworth&#8217;s blog since it&#8217;s inception at Business Blog Wire. As I understand it they intend to discontinue paying their bloggers as [...]]]></description>
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<p>I have been watching the recent demise of one of my favorite blogging networks called <a href="http://www.knowmoremedia.com/">Know More Media</a>. A business blogging network with its focus on the business world. I have been reading Easton Ellsworth&#8217;s blog since it&#8217;s inception at <a href="http://www.businessblogwire.com/">Business Blog Wire</a>. As I understand it they intend to discontinue paying their bloggers as of this Friday on August 1, 2008. <a href="http://www.ensight.org/archives/2008/07/25/open-letter-to-know-more-media-founders-team-and-bloggers/">An open letter from Jeremy Wright</a>, CEO at b5Media to the leadership at Know More Media was my first alert to this happening. <img src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/dead.jpg" width="216" height="146" alt="dead.jpg" style="float:left; margin-top:10px; margin-right:10px; margin-bottom:10px; margin-left:10px;" /></p>
<p>I have also been following the rumors, innuendo and some of the people involved with the blogging network at Weblogs, Inc., a blog network company that was purchased by AOL, and the idea that they too may be stopping the payment to their bloggers for the content that they are providing. They are supposed to also learn their fate on August 1, 2008. I would say that this Friday could be referred to as Black Friday as it relates to the blog networking agencies.</p>
<p>What is the cause of this demise? I believe there are two components to this dilemma and it starts with the economy and the ad spends we are seeing in the online marketing realm. I too have felt the economic crunch with companies that were early adopters to enter into the social media arena. Experimental marketing such as the kind I provide, is usually the first to suffer the cuts of companies tightening their belts to prepare for the new downturn. Companies using blogs to market their products and services are still seeing the advertising as experimental not being able to yet show a return on their investment. Measurement of social media marketing is still in it&#8217;s infancy and companies are falling back on what they believed was working before they began to experiment and then experience tougher times. The economy has taken its toll. Advertisers are repositioning their budgets to go to something more stable and more quantifiable.</p>
<p>Another problem I see is the way blogging networks are managing their properties. Some of the companies that are in trouble with their networks are those companies that are not flexible and have the ability to move with the market. The leadership of these companies are beginning to see what happens when you rest upon your laurels and get too comfortable with a business plan that really must grow with its market and adapt to market changes. Leadership continues to take profit and not go back to those leaner times. In addition, since the sale of Weblogs, Inc., we have seen the emergence of social networking sites like Facebook and Myspace and the explosive emergence of microblogging sites such as Twitter and other applications. These blogging networks must also evolve to adapt these tools to make them a part of their own properties. They may have some components in place, but for the most part relying on their bloggers to keep them profitable is a tough chore for those bloggers and it will not last forever.</p>
<p>What do I see for the future of the likes of blogging Networks? I see smaller niche networks fracturing off to make single networks and written by perhaps multiple bloggers. We are seeing the emergence now of social sites such as in the food realm, the sports realm, and the automobile industry and other hobby type sites. The mommy blogs have embraced the idea of community and are some of the best in the business at making a social group made of many bloggers. The only problem we are seeing is the bloggers themselves are not making money from these groups. It&#8217;s an advertising property for the owners. Groups that are joining as a member/friend/follower of the group as a whole are becoming their own target market. They are generating content for the group and it all ends up in one place. They have built in forums for discussion, they have feeds that are brought in from each member of their own member blogs, and they have a Facebook look with each community member owning a certain part of the real estate. We see it now with FriendFeed Groups and other places.</p>
<p>Some of the players like b5 and others are still able to show profits because they have positioned themselves to give the best product. I believe even b5 has adjustments that they make on a regular basis to bring in new properties and cutting off the parts of the network that are bringing their number down. A type of survival of the fittest as it relates to their participating core. The problems we face have to do with metrics and what those with money see as the value. I have heard tell that those that have a target audience with the most impressions are the most valuable and are riding that wave. It seems Jeremy Wright is able to continue to surf that wave.</p>
<p>What do you think. What is the new thing to replace networks? Do you think networks are here to stay? As we all become our own citizen journalists, how can we monetize that content, or is their a different way of thinking for advertisers. These are questions I get and wrestle with on a regular basis. Any ideas?</p>
<p>[photo via <a href="http://www.flickr.com/photos/benny_bloomfield/2038196123/">Benny Bloomfield</a>]</p>
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		<title>Technorati Changing The Way It Does Business</title>
		<link>http://www.onebyonemedia.com/technorati-changing-the-way-it-does-business/</link>
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		<pubDate>Sat, 01 Mar 2008 05:49:33 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
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 Technorati has been an icon of the blogosphere since Dave Sifry began the company to track blogs and provide bloggers with statistics and search.&#160; It was the first thing people downloaded to their blogs, and the first part of setting up a blog.&#160; They seem to have lost that celebrity status.&#160; There are so [...]]]></description>
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<p><a href="http://www.onebyonemedia.com/wordpress/wp-content/uploads/richardjalichandra.jpg"><img style="border-right: 0px; border-top: 0px; border-left: 0px; border-bottom: 0px" height="164" alt="richardjalichandra" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/richardjalichandra-thumb.jpg" width="244" align="left" border="0"/> Technorati</a> has been an icon of the blogosphere since Dave Sifry began the company to track blogs and provide bloggers with statistics and search.&nbsp; It was the first thing people downloaded to their blogs, and the first part of setting up a blog.&nbsp; They seem to have lost that celebrity status.&nbsp; There are so many companies that have been cracking away at that Technorati keystone that it appears they may crumble.&nbsp; I have been waiting to hear some news from the Technorati camp and it appears that <a href="http://www.techcrunch.com/2008/02/29/technorati-to-launch-blogger-advertising-network/">news is bubbling up</a> as reported by <a href="http://www.techcrunch.com">TechCrunch</a>.</p>
<p>When I talked with Richard Jalinchandra in Las Vegas at the <a href="http://www.blogworldexpo.com">Blog World Expo</a> in November, he mentioned then that Technorati was in for some changes and that he wanted to lead the company back to its glory days.&nbsp; He couldn&#8217;t talk then about what he was doing but it seems that the cool stuff I expected and the things the head of marketing, Aaron Krane,&nbsp; talked about on my <a href="http://www.blogtalkradio.com/socialmediasphere/blog/2007/11/20/T-Rati">Social Mediapshere</a> radio show would make them a shining star again.&nbsp; I didnt expect them to enter the advertising arena.</p>
<p>Tris an I questioned them on why they were not indexing search results past six months and it looks like they may be rethinking that with adding an advertising component to their search.&nbsp; Arrington states:</p>
<blockquote><p>Technorati will certainly be competing head to head with FM, although sources say <strong>theyâ€™ll focus on the long tail of the market</strong> as well (FM only takes larger sites). The network will be a self-serve exchange for bloggers (and other publishers) as well as advertisers. Ad units will include both display and text ads, and will allow units to be charged on both a CPM and CPC basis. <strong>(emphasis added)</strong></p>
</blockquote>
<p>I was hoping that Technorati would be adding some features that would be more than just another way for bloggers to add a revenue component to their blogs.&nbsp; I want to see them return to an application I would run to five times a day because they offered a way to see stats and a something that was cool to experience as I did back in the day.</p>
<p>This is part of the reason I have hooked my wagon to the folks at <a href="http://www.lijit.com">Lijit</a>*.&nbsp; I certainly see that they have ideas to make their &#8220;wijit&#8221; something that is a first add-on to a blog.&nbsp; I am not sensing that Technorati has that coolness factor in mind.&nbsp; I certainly understand that after raising $20M in funding you might want to start thinking of making money and perhaps they will change the way they run their business and we have only seen the beginning of their new glory days.&nbsp; It appears Richard is doing his job of CEO and is running the company in the best interest of those investors, but I for one want to see them do some things they used to do, only better.&nbsp; Don&#8217;t make it about the page views make it about the blogger and a company that every blogger loves to use.</p>
<p>[<a href="http://www.flickr.com/photos/briansolis/2185885102/">photo</a> via <a href="http://bub.blicio.us/">Brian Solis</a>]</p>
<p>*Lijit is a client and I do some evangelism for them.</p>
<div class="wlWriterSmartContent" id="scid:0767317B-992E-4b12-91E0-4F059A8CECA8:054b0b3e-b8fd-4a8e-890b-28e056daaa2d" style="padding-right: 0px; display: inline; padding-left: 0px; float: none; padding-bottom: 0px; margin: 0px; padding-top: 0px">Technorati Tags: <a href="http://technorati.com/tags/Technorati" rel="tag">Technorati</a>, <a href="http://technorati.com/tags/Dave%20Sifry" rel="tag">Dave Sifry</a>, <a href="http://technorati.com/tags/Richard%20Jalichandra" rel="tag">Richard Jalichandra</a>, <a href="http://technorati.com/tags/Aaron%20Krane" rel="tag">Aaron Krane</a>, <a href="http://technorati.com/tags/Mike%20Arrington" rel="tag">Mike Arrington</a>, <a href="http://technorati.com/tags/TechCrunch" rel="tag">TechCrunch</a>, <a href="http://technorati.com/tags/Lijit" rel="tag">Lijit</a>, <a href="http://technorati.com/tags/Social%20Mediasphere" rel="tag">Social Mediasphere</a>, <a href="http://technorati.com/tags/Blog%20World%20Expo" rel="tag">Blog World Expo</a></div>
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		<title>Startup Companies Making Money From Free</title>
		<link>http://www.onebyonemedia.com/startup-companies-making-money-from-free/</link>
		<comments>http://www.onebyonemedia.com/startup-companies-making-money-from-free/#comments</comments>
		<pubDate>Wed, 20 Feb 2008 23:22:44 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
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I have been thinking about the comment left on my post about Blog Talk Radio and their attempt at monetizing their application.&#160; Then I read today over at HipMojo the article about why companies that are basing themselves on ad revenue will fail.&#160; It helped me formulate my own opinion about how companies in the [...]]]></description>
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<p>I have been thinking about the <a href="http://www.onebyonemedia.com/blog-talk-radio-learns-monetization-and-forces-endorsements/#comments">comment left on my post</a> about <a href="http://www.blogtalkradio.com">Blog Talk Radio</a> and their attempt at monetizing their application.&nbsp; Then I read today over at HipMojo the article about <a href="http://watchmojo.com/web/blog/index.php/2008/02/20/why-most-vc-backed-ad-supported-companies-are-doomed-to-fail/">why companies that are basing themselves on ad revenue will fail</a>.&nbsp; It helped me formulate my own opinion about how companies in the tech world are struggling with making money.&nbsp; It is a dance that seems hard to learn.</p>
<p>The game plan seems to be along these syllogistic lines.</p>
<ul>
<li>Come up with an application that fills a need.</li>
<li>Develop the application.</li>
<li>Launch it and see if it scales, get user feedback and adjust its use accordingly.</li>
<li>Begin to build your user base until you reach some determined tipping point number. (This is probably the most difficult step in the overall business plan.)</li>
</ul>
<p>These are the initial outlines I have seen.&nbsp; During this period you may have an angel investment or a small first round to get to the tipping point number.&nbsp; The next step is where it gets tricky.&nbsp; Now that we are at our initial goal, how do we make it profitable?</p>
<p>Companies have built the trust and admiration of their users by providing a great application that is free and useful.&nbsp; The users are making it an integral part of their lives.&nbsp; The company has developed and gathered this large community.&nbsp; They must leverage that into real money.&nbsp; As I see it, they have but two choices, advertise or begin charging for the service they once before gave away for free.&nbsp; A blend of these two would be a third choice.</p>
<p>Advertisers want eyeballs and reach.&nbsp; The users are what they seek, and the more the better.&nbsp; It&#8217;s all about the page views and the numbers generated from people.&nbsp; Fewer users, the less they pay for your real estate.&nbsp; Increasing page views and users increases revenue.&nbsp; This is a hard fact as CEO&#8217;s try to guide the company to profitability.&nbsp; If an application has 100,000 users it is worth more to an advertiser than 10,000 users.&nbsp; Companies sell to advertisers and tell them, &#8220;We have 100,000 users at X amount of page views.&#8221;&nbsp; The media buyers line up for those numbers.&nbsp; Problem is, companies such as Blog Talk Radio have to sell based on those numbers, but then they must get the customer or users to get behind the plan. If they ask the users permission perhaps they only have 50,000 of the 100,000 users that will allow ads.&nbsp; Now their property is worth 50% less to advertisers, and they don&#8217;t make money at that level.</p>
<p>Their second choice.&nbsp; They begin charging the users for using the service.&nbsp; Or as I indicated above the third choice, charging those that elect not to have advertising on the application a premium. The third choice allowing both opt in and opt out income.&nbsp; This is risky as you may chase off users that were really sold on the application that was free, but not so warm to paying a fee for the service, or having advertisements show up on a usually clean page.&nbsp; </p>
<p>It&#8217;s a chess match played by advertisers and CEO&#8217;s and ultimately users.&nbsp; How can they all be happy?&nbsp; I&#8217;m not sure that is entirely possible but their must be a compromise somewhere.&nbsp; Companies are struggling to be profitable, advertisers are cutting their spend to increase their return on their own investment, and meanwhile, the user holds the power of being part of the community and whether the user wants to sell their eyeballs.</p>
<p>I have been touting 2008 as &#8220;The Year of The User.&#8221;&nbsp; Companies have been building their user base.&nbsp; The power the users hold with their attention and their eyeballs and presence make the other parties to the dance want to court them.&nbsp; I&#8217;m not sure the answer, but I think ultimately it will raise the cost of advertising, and may force a new metric not based upon the number of eyeballs and page views.&nbsp; Who flinches first has not been determined.</p>
<div class="wlWriterSmartContent" id="scid:0767317B-992E-4b12-91E0-4F059A8CECA8:82cd62c8-c032-41a4-87c2-0aff86a51a8f" style="padding-right: 0px; display: inline; padding-left: 0px; padding-bottom: 0px; margin: 0px; padding-top: 0px">Technorati Tags: <a href="http://technorati.com/tags/Blog%20Talk%20Radio" rel="tag">Blog Talk Radio</a>, <a href="http://technorati.com/tags/Startups" rel="tag">Startups</a>, <a href="http://technorati.com/tags/Revenue" rel="tag">Revenue</a>, <a href="http://technorati.com/tags/Advertising" rel="tag">Advertising</a>, <a href="http://technorati.com/tags/Business%20Plans" rel="tag">Business Plans</a>, <a href="http://technorati.com/tags/VC" rel="tag">VC</a>, <a href="http://technorati.com/tags/Year%20of%20the%20User" rel="tag">Year of the User</a>, <a href="http://technorati.com/tags/Monetization" rel="tag">Monetization</a></div>
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		<title>We Live In A Google World</title>
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		<pubDate>Thu, 07 Feb 2008 17:28:10 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
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		<description><![CDATA[

I have been preaching to people as long as I remember that &#8220;We live in a Google World.&#160; I happened upon a post today by Owen Thomas (no I&#8217;m not a Valleywag reader, I thank Techmeme) about Google and its global market share.&#160; He refers to a chart done by Efficient Frontier Insights showing the [...]]]></description>
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<p>I have been preaching to people as long as I remember that &#8220;We live in a Google World.&nbsp; I happened upon a post today by <a href="http://valleywag.com/353593/why-googles-unstoppable">Owen Thomas</a> (no I&#8217;m not a Valleywag reader, I thank <a href="http://www.techmeme.com/080207/p37#a080207p37">Techmeme</a>) about Google and its global market share.&nbsp; He refers to a chart done by <a href="http://blog.efrontier.com/insights/2008/01/global-sem-brea.html">Efficient Frontier Insights</a> showing the market share of the search engines across the globe.</p>
<p><a href="http://www.onebyonemedia.com/wordpress/wp-content/uploads/globalsem.png"><img style="border-top-width: 0px; border-left-width: 0px; border-bottom-width: 0px; border-right-width: 0px" height="147" alt="globalsem" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/globalsem-thumb.png" width="244" border="0"/></a> </p>
<p>Obviously as the chart shows, Google is enjoying the lion share of search marketing.&nbsp; Some say it is because they are more targeted with their technology.&nbsp; Others say it is because they have more advertisers and more publishers.&nbsp; I think it is because they do search better than any other company.&nbsp; It will be interesting to see if Microsoft is able to capture a little more piece of the pie and if they can put a dent in the market share owned by Google.&nbsp; When I hear that Yahoo is thinking of outsourcing&nbsp; its search to Google, it does not give me much confidence that Microsoft is getting the best in search from Yahoo, and obviously its search engine at MSN is not making much of a race of search in its own right.</p>
<p>UPDATE:&nbsp; For a deeper analysis check out <a href="http://watchmojo.com/web/blog/index.php/2008/02/07/if-yahoo-outsources-search-to-google-who-wins/">HipMojo.com</a></p>
<p>
<div class="wlWriterSmartContent" id="scid:0767317B-992E-4b12-91E0-4F059A8CECA8:2e943f9c-6fe7-432c-840b-05d6e5591daa" style="padding-right: 0px; display: inline; padding-left: 0px; padding-bottom: 0px; margin: 0px; padding-top: 0px">Technorati Tags: <a href="http://technorati.com/tags/Google" rel="tag">Google</a>, <a href="http://technorati.com/tags/Owen%20Thomas" rel="tag">Owen Thomas</a>, <a href="http://technorati.com/tags/Techmeme" rel="tag">Techmeme</a>, <a href="http://technorati.com/tags/Efficient%20Frontier%20Insights" rel="tag">Efficient Frontier Insights</a>, <a href="http://technorati.com/tags/SEM" rel="tag">SEM</a>, <a href="http://technorati.com/tags/Search%20Engines" rel="tag">Search Engines</a>, <a href="http://technorati.com/tags/Search" rel="tag">Search</a>, <a href="http://technorati.com/tags/Microsoft" rel="tag">Microsoft</a>, <a href="http://technorati.com/tags/Yahoo" rel="tag">Yahoo</a>, <a href="http://technorati.com/tags/MSN" rel="tag">MSN</a></div>
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		<title>Let the Facebook Auction Begin&#8230;Do I hear $10 Billion?</title>
		<link>http://www.onebyonemedia.com/let-the-facebook-auction-begindo-i-hear-10-billion/</link>
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		<pubDate>Tue, 25 Sep 2007 00:06:01 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
				<category><![CDATA[Announcements]]></category>
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		<description><![CDATA[

 We all know at some point Facebook will be given a value.&#160; If not just for the purpose of a price tag for the moguls out there to aspire to achieve.&#160; It seems that the Wall Street Journal believes that price may be $10Billion or more.&#160; The article states:
Microsoft&#8217;s approach to Facebook in recent [...]]]></description>
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<p><a href="http://www.onebyonemedia.com/wordpress/wp-content/uploads/windowslivewriterletthefacebookauctionbe.doihear10billion-fe73facebook.jpg" atomicselection="true"><img style="border-right: 0px; border-top: 0px; margin: 0px 10px 5px 0px; border-left: 0px; border-bottom: 0px" height="56" alt="facebook" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/windowslivewriterletthefacebookauctionbe.doihear10billion-fe73facebook-thumb.jpg" width="150" align="left" border="0"/></a> We all know at some point Facebook will be given a value.&nbsp; If not just for the purpose of a price tag for the moguls out there to aspire to achieve.&nbsp; It seems that the <a href="http://online.wsj.com/article/SB119065193646437586.html" target="_blank">Wall Street Journal</a> believes that price may be $10Billion or more.&nbsp; The article states:</p>
<blockquote><p>Microsoft&#8217;s approach to Facebook in recent weeks with proposals to invest in the fast-growing site is part of the software giant&#8217;s effort to catch up with the Internet rival Google. If successful, Microsoft&#8217;s talks with Facebook could give it an up-to-5% stake in the closely-held startup &#8212; a stake potentially valued at roughly $300 million to $500 million, the people familiar with those talks said.</p>
</blockquote>
<p>I think that if it&#8217;s worth $10Billion to Microsoft, why not $20Billion to Google.&nbsp; If nothing more than to drive a stake into the heart of the <a href="http://www.gapingvoid.com/Moveable_Type/archives/003388.html" target="_blank">monster we know as Microsoft</a>.&nbsp; If we get enough of the foxes in the hen house, we could see a bidding war of the big boys, which will be a historical acquisition of a stake in a company that is showing signs of the next big thing.&nbsp; I say that tongue in cheek of course, because I believe Facebook has them right where they want them.&nbsp; Now what do you suppose they will do with them?</p>
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		<title>Searching For A Local Business: Old vs. New</title>
		<link>http://www.onebyonemedia.com/searching-for-a-local-business-old-vs-new/</link>
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		<pubDate>Mon, 10 Sep 2007 19:51:39 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
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		<description><![CDATA[

 I can remember the first time I had my name appear in the phone book after I purchased my first home.&#160; Like Steve Martin in the movie &#8220;The Jerk&#8221;, I danced around and shouted, &#8220;I&#8217;m somebody now&#8221;.&#160; Back then of course, I think computers were something in sci-fi movies, and the Internet had not [...]]]></description>
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<p><a href="http://www.onebyonemedia.com/wordpress/wp-content/uploads/windowslivewritersearchingforalocalbusinessoldvs.new-c2d9yellowpages3.jpg" atomicselection="true"><img style="border-right: 0px; border-top: 0px; margin: 0px 10px 0px 0px; border-left: 0px; border-bottom: 0px" height="180" alt="yellowpages3" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/windowslivewritersearchingforalocalbusinessoldvs.new-c2d9yellowpages3-thumb.jpg" width="240" align="left" border="0"/></a> I can remember the first time I had my name appear in the phone book after I purchased my first home.&nbsp; Like Steve Martin in the movie &#8220;The Jerk&#8221;, I danced around and shouted, &#8220;I&#8217;m somebody now&#8221;.&nbsp; Back then of course, I think computers were something in sci-fi movies, and the Internet had not yet been thought about.&nbsp; But I can still see that brand new version of the white pages all clean and crisp with my name right there alongside the other 30 people that shared my name.</p>
<p>I was recently watching television when the new <a href="http://www.dexknows.com/displayhome.ds" target="_blank">Dex</a> advertisement came on and I had a trip down memory lane.&nbsp; I am still amazed that anyone would be spending much time looking at a Yellow page book in the modern era of finding everything through search.&nbsp; I think the last time I used a yellow pages directory it was for a booster seat for the kids to reach the table better.&nbsp; </p>
<p>Then I saw a related article recently put out by <a href="http://www.emarketer.com/Article.aspx?id=1005242&amp;src=article1_newsltr" target="_blank">eMarketer.com</a>.&nbsp; The article states that online local advertising will reach 2.9 billion in 2007, which is only 13.4% of the total online advertising market.&nbsp; The study and article are an interesting look at local advertising.&nbsp; It made me wonder about the dollars being spent on traditional offline products such as the yellow pages.&nbsp; I also wondered whether what they were being told about the results they would get as business owners and placing the ads.</p>
<p>I can remember the game back in the day of Yellow page advertising, companies wanted to somehow be listed first in their niche.&nbsp; If they had a plumbing business, they would call it AAA Plumbing, because then they would be listed as the first alphabetical result listing in the book.&nbsp; We are not that far off now with the way companies are clamoring for that all important number 1 placement in search results.&nbsp; Now we are doing it with SEO and other tactics.&nbsp; The&nbsp;ideal is still the same and that is&nbsp;to be that first listed business under plumbing.&nbsp; Even though advertising is drastically changing since the old days, in some respects it stays the same.</p>
<div class="wlWriterSmartContent" id="0767317B-992E-4b12-91E0-4F059A8CECA8:a5bdd719-7620-4e88-8452-9fe22e8e3e2e" contenteditable="false" style="padding-right: 0px; display: inline; padding-left: 0px; padding-bottom: 0px; margin: 0px; padding-top: 0px">Technorati Tags: <a href="http://technorati.com/tags/Search" rel="tag">Search</a>, <a href="http://technorati.com/tags/SEO" rel="tag">SEO</a>, <a href="http://technorati.com/tags/Business%20Blogging" rel="tag">Business Blogging</a>, <a href="http://technorati.com/tags/Business%20Listings" rel="tag">Business Listings</a>, <a href="http://technorati.com/tags/Findability" rel="tag">Findability</a>, <a href="http://technorati.com/tags/Yellow%20Pages" rel="tag">Yellow Pages</a>, <a href="http://technorati.com/tags/Advertising" rel="tag">Advertising</a>, <a href="http://technorati.com/tags/Online%20Advertising" rel="tag">Online Advertising</a></div>
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		<title>Google Is The Number 1 Lead Generator</title>
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		<pubDate>Tue, 24 Jul 2007 03:30:01 +0000</pubDate>
		<dc:creator>Jim Turner</dc:creator>
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		<description><![CDATA[

 At least in our company, we get most of our client&#8217;s through Google searches done by companies looking for a blogging consultant or looking to hire a blogger for their company.&#160; I ran through our client list to see the number of companies that have contacted us to provide a professional blogger or to [...]]]></description>
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<p><a href="http://www.onebyonemedia.com/wordpress/wp-content/uploads/windowslivewritergoogleisthenumber1leadgenerator-12e57logo-google.gif" atomicselection="true"><img style="margin: 0px 10px 0px 0px" height="179" alt="logo-Google" src="http://www.onebyonemedia.com/wordpress/wp-content/uploads/windowslivewritergoogleisthenumber1leadgenerator-12e57logo-google-thumb.gif" width="248" align="left"/></a> At least in our company, we get most of our client&#8217;s through Google searches done by companies looking for a blogging consultant or looking to hire a blogger for their company.&nbsp; I ran through our client list to see the number of companies that have contacted us to provide a professional blogger or to consult them on a social media campaign.&nbsp; One of the things that struck me was that a large number of them that had reached us or found us as a result of a Google search.</p>
<p>The conversation that prompted me to look at this in this light was a phone call from a prospective client.&nbsp; We had discussed our services and he was happy with our business model and thought that we would probably do business in the future.&nbsp; He then told that he had a difficult time finding a service such as ours, but eventually had found it through search.&nbsp; He explained the roundabout way he happened upon our site, and I recognized a common theme to his search.&nbsp; Everyone of the other clients had a similar story.</p>
<p>As a small business without a corps of sale people and without a huge marketing budget and a advertising team providing our message, we rely solely upon word of mouth, and being findable.&nbsp; I preach the same to each of our clients.&nbsp; In order for your business to be successful, it has to be findable.&nbsp; It&#8217;s nice to see the sermon actually works for me as well.</p>
<p>&nbsp;</p>
<div class="wlWriterSmartContent" id="0767317B-992E-4b12-91E0-4F059A8CECA8:be0115a7-565c-45b1-b6cb-bed0c0924078" contenteditable="false" style="padding-right: 0px; display: inline; padding-left: 0px; padding-bottom: 0px; margin: 0px; padding-top: 0px">Technorati Tags: <a href="http://technorati.com/tags/Google" rel="tag">Google</a>, <a href="http://technorati.com/tags/Search" rel="tag">Search</a>, <a href="http://technorati.com/tags/SEO" rel="tag">SEO</a>, <a href="http://technorati.com/tags/SEM" rel="tag">SEM</a>, <a href="http://technorati.com/tags/Blog%20Consulting" rel="tag">Blog Consulting</a>, <a href="http://technorati.com/tags/Social%20Media" rel="tag">Social Media</a>, <a href="http://technorati.com/tags/Social%20Marketing" rel="tag">Social Marketing</a>, <a href="http://technorati.com/tags/Findability" rel="tag">Findability</a>, <a href="http://technorati.com/tags/Blog%20Evangelist" rel="tag">Blog Evangelist</a>, <a href="http://technorati.com/tags/Bloggers%20Fore%20Hire" rel="tag">Bloggers Fore Hire</a>, <a href="http://technorati.com/tags/Hiring%20A%20Blogger" rel="tag">Hiring A Blogger</a>, <a href="http://technorati.com/tags/Professional%20Bloggers" rel="tag">Professional Bloggers</a>, <a href="http://technorati.com/tags/Social%20Media%20Consulting" rel="tag">Social Media Consulting</a>, <a href="http://technorati.com/tags/Lead%20Generation" rel="tag">Lead Generation</a></div>
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