+1 for Social Media
This week, a new social media platform has emerged. It’s called Path, a photo-based social networking site that limits your connections to a mere 50 friends and whose name is very poorly optimized for search engines. The creators of Path have chosen to make these connection limitations because they believe that the more exclusive a person’s network is, the more willing they are to share any and all content. That sounds about right. Essentially, they want you to feel safe uploading anything you want. Unfortunately, it’s only available as an iPhone app, which means I cannot test drive it. Non-iphone users can create an account online. But that’s it. No photo uploading or anything. I’ve reserved my username already. Now I just have to wait until it comes to webOS or can be used online.
This is a very interesting concept for social media, for sure. But how will they monetize the site in the future? Without extensive user profile information or text-based content, it’ll be difficult to do any segmenting or targeting. I suppose these are features that can be rolled out with ease in the future. And I’m probably thinking way too far into the future. First, Path needs to gain a solid user base. Second, they need to really promote a worry-free content-sharing environment (something that is not prevalent on Facebook or Twitter). Should they achieve these two, I would say that they are on the right path to becoming a major player in the social media space. If not, then… eh.

(photo via psfk)
+1 for Facebook
We all know Facebook is king of social media, but with their announcement of a new “messages” feature, it seems like they are one step closer to becoming king of the internet. The new feature will give all users an @facebook.com email address and though Zuckerberg emphasizes that it is neither email nor an email killer, it sure does sound like encroachment into Google’s territory. Should Google be worried? I think in the long run, yes, they should. It’s easier for Facebook to do what Google does than it is for Google to do what Facebook has done. It’s kind of like McDonald’s v. Starbucks where Facebook is McDonald’s and Google is Starbucks.
In the short run, it seems like the feature is getting negative responses. But honestly Monica, how many times does Facebook roll out a new feature without the masses whining and complaining about how much they hate it? Give it a couple months and people will eventually just adapt – since we’re all too addicted to quit and all. We’re all eventually going to give Facebook more content that they can use to better target us. The ad industry should be ecstatic.


