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Posts Tagged ‘MySpace’

Anatomy of a successful social network

January 6th, 2008 |

Author: Kevin Harrington

Shuzac

How many hours a week do you spend on Bebo, Facebook or MySpace?

I read this on Shuzak.com: “The Nobel Prize winning free-market economist, Milton Friedman, believed that when left alone, people will intelligently act in their own best interest, and that the market will coordinate their actions to produce outcomes beneficial for all. In other words, the wisdom of crowds depends upon the rational wisdom of the individual.

“Friedman was a genius, but he never came across MySpace or he would have retracted his belief on consumer rationality.

“MySpace and its cousins are bacteria feeding off the irrationality of the wisdom of the crowds. MySpace has taught us that even though the customer is not always right, it is, nonetheless, detrimental to prove them otherwise.”

Now there’s someone with an opinion! Read the rest at http://www.m4th.com/Articles/Article.php?Article-Title=Anatomy-of-a-Successful-Social-Network

Posted in Marketing |

Tags: Bebo, Facebook, Friedman, MySpace, Shuzac, social networking |

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User generated newspapers

June 27th, 2007 |

Author: Kevin Harrington

Metro SE

We’ll be cooking our own food in restaurants next! Or making our beds in hotels!

Essentially a free newspaper is going to pay bloggers and then use some of the content in their newspaper. Fabulously simple remodeling of the whole process.

See this well written article http://www.springwise.com/media_publishing/free_daily_pays_bloggers/

My recommendation to people is, “Maintain your own web presence. Keep control of your own Internet identity.”

Providing your content to other sites like MySpace, Facebook etc is all well and good but where will they end up? None of us knows. Use these sites and share your ideas and opinions but keep hold of your own web presence as well.

It is also worth remembering that the majority of the world’s population don’t use social/business network sites or use RSS feed readers. I know, unbelievable isn’t it?

Posted in Marketing |

Tags: content, Facebook, internet, MySpace, social networks, user generated, web |

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