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 take on quite a white hat look in many of the purists’ 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’s idea of return does not have much spark as it relates to sponsored status updates on Facebook.
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’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’s idea of banning the practice of sponsored updates is sort of a moot point.
With the limits they have on "friends" 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 Ted Murphy 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.
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.
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 "friends" at once makes it also difficult.
Tags: Facebook, TechCrunch, Sponsored Status, Sponsored Conversations, Sponsored Tweets, ROI, Marketing, Social Media Advertising
I was just reading this morning on
Dennis Howlett
I am not sure that anyone in the tech world has written about
I used to have an office in Downtown Denver at a place called
It used to be that in order to be seen as an influencer or to be really taken seriously in your niche or genre, you had to be on someone’s blogroll. Being added to a blogroll gave you some credibility and it also helped you get read by others in your group. You got to be one of the cool kids if you were recognized on a blogroll. The goal was to get listed on a blog roll by someone with lots of readers as well. It also helped you get read by others, or it helped your voice get heard. Being on a blogroll was the gold standard.
I am wondering how this will play out but I just had an opportunity to read through a
I have been traveling quite a bit lately and that has caused me to get seriously behind on a large amount of work that I need to accomplish. I have finally caught up with my email inbox which usually hovers around 60 unread messages at any given time, which usually equates to the amount of Twitter bios I need to read to approve or discard. I began digging into the RSS feed readers (yes plural) that I have disregarded that have been so overwhelmed that many of the search feeds I have for the likes of “business blogging” and “social media consulting” are defaulting to the most it will store. In other words, I have much work and little time to get it done. I know I play this off with the idea that I am also the stay at home dad of 4 kids at the ages of 9, 8, 4, and 3, and that has some merit but for the most part I have times when they are sleeping or are not in the picture that I spend catching up but I still think I can be more efficient. I know I need to explain the title of this post. One of the things I need to catch up on that I have not been doing much of lately is finding what my mentors and friends and colleagues are talking about. One of the people I admire and one that I think has his finger on the pulse of my industry is
He took us out across the channel to our destination which was called "The Aquarium". Once I jumped into the crystal clear water I knew exactly why it was called that. I could see everything, and the coral structure and the brilliant fish colors were awesome. We swam and looked at puffer fish and many other varieties and then as I got out of the boat and said "WOW", I was handed a cool passion orange juice and was also given some breakfast. This is the life of the Captain, seeing the look on the face of those as I they exit the water after seeing Hawaii from underwater, and handing them some fresh fruit and breakfast. I would say that is a good salary there, but it doesn’t pay all the bills. I reflected that in my tip as I headed off and away from this Captain for what will probably be forever. Thanks Captain Tim and enjoy your job as only you can!
Latest Comments