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Category: Innovation

 

What Social Networking Needs

03/22/08

I learned a lot at the recent O’Reilly conference, “Graphing Social Patterns.” (You may have seen my coverage of the event at my other blog, and also on my Twitter page.) But the most interesting thing that was confirmed for me personally at this event was that, for social networking to really become successful from a business standpoint, it must somehow start to enable the one big missing element so far: commerce.  Advertising is not going to cut it as a sole business model, a fact that’s becoming increasingly evident.

With clickthrough rates continuing to decline, ad spending hardly going up in the current economic environment, and the lack of ad relevancy getting talked about more and more (especially on social networks!), suddenly advertising is not seen as the panacea it once was. It would appear that commerce—selling real stuff—must be the next big thing.

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Recommended Reading:

The Corporate Blogging Book

Absolutely Everything You Need to Know to Get It Right

by: Debbie Weil

test This book presents all the principles we practice here at NMW. It's the one we would have written on this very important topic ourselves -- if we weren't so darn busy!

Life 2.0

How People Across America Are Transforming Their Lives by Finding the Where of Their Happiness

by: Rich Karlgaard

test Conceived after the Tech Crash, this book captured an historic time in Silicon Valley, when people began searching for something more than the rat race they had known. My friend Rich took a short sabbatical from his job as Publisher of FORBES and flew his plane all over the country to interview entrepreneurs who had found happiness in the unlikeliest of places -- and he started right here in Minnesota.

Endorsements:

A random sampling of testimonials from clients and colleagues (refresh page for more)...

"Syntactica was faced with launching a new type of search-related product ... we retained Graeme ... (and) received a ton of national exposure, at a very affordable price. "

Ward Johnson
Cofounder/VP Bus Dev
Syntactica

"Really enjoyed working with Graeme, knows the technology and how to market it. Strong writing abilities, approachable, and a great personality ... extremely easy to work with."

Tony Keller
Senior Account Supervisor
S&S Public Relations

Blogroll:

Blogs I read regularly (refresh page for more)...

blog.pmarca.com

by Marc Andreessen...Thoughts from the Web pioneer and founder of social networking platform Ning.

PR 2.0

by Brian Solis...Documenting the convergence of social media, PR, and Web marketing

Groundswell

by Charlene Li and Josh Bernoff...Winning In a World Transformed by Social Technologies -- a blog by two Forrrester Research analysts.

Feld Thoughts

by Brad Feld...One of the most active and plugged-in early stage investors in Web 2.0 and Enterprise 2.0 technologies.

Micro Persuasion

by Steve Rubel...How technology is revolutionizing media and marketing....from an Edelman PR firm exec.

Release 2.0

by O'Reilly Radar/Jimmy Guterman...Insight and analysis on the business and social impact of key technology trends.

Linkroll:

Some tech / Internet / content sites I find useful in my work (refresh page for more)...

GigaOM

MIMA.org

Read/Write Web

GetGoMN

PaidContent

Minnov8

TechCrunch

Mashable