When rumors like these start flying, it’s normally a bad sign, but it doesn’t mean it can’t be fixed. The Social Network’s meteoric rise and subsequent decline in users to Facebook has created these rumors, but there are still strengths that can be exploited. If they are going to make it, they will need to make some changes, but more importantly, they will need to rethink their focus and reimpose their will through marketing-guided changes.
Instead of making it the easiest platform to spam and game, they need to appeal to their current best demographic, teens, pre- and post-, and create ways for them to stay with MySpace instead of defecting as they get older to Facebook or someone else. More importantly, they MUST expand to the business sector. Sounds ridiculous, I know, when you consider the current state of the company and the growing disdain towards its inner-workings. Stay with me while Continue reading What can fix (I mean save) MySpace?
Posting pictures or posts to your MySpace page via mobile device is not new. AT&T and T-Mobile have been doing it for a little while now. What makes this news about Verizon different is that their strategy is one of “hurry up and wait.”
Instead of jumping in and creating platforms using the current 3G technology, they are putting most of their eggs into the 4G basket. Video is the prize to be won, the segment of social networking via mobile that they are targeting. Currently, downloading video to mobile devices isn’t hard. The problem is with uploading.
Of the 308 companies interviewed by Forrester Consulting, 58.4% said that they prohibit “playing” on social networks such as Facebook and MSpace. The common sense reason is that if they are social networking, they aren’t working.
The counter argument is that by allowing a specified amount of time to be used for social networking or whatever other “toys” are available, the overall team spirit and job satisfaction will increase.
Social ads. It will get a lot of flack from users, possibly forcing some of them to leave. There will be public outcry, conspiracy theories about data mining and privacy abuse, and thousands of the millions of users flocking towards an alternative, either back to the MySpace account that they left last year or onto the next hotness in social networking, whatever that will be.
As of now, Facebook.com has more to it than is probably necessary. One of their latest brainchildren, a voting option on their news feed feature, may be a useful monetizing tool through market research and by proving the validity of their advertising products. The question is, would you vote for mundane items, such as a friend changing their profie picture?