Archive for Business of Blogging

Twitter / Pownce Killer…. Plurk?….

Someone sent me a direct message on Twitter recently asking if I had signed up for Plurk yet. I was curious so I did some quick research. Seems it is meant to be a better scalable version of Twitter with a few added features. 

So I signed up. You can follow us/me @BlogWorld. The guys at The Drill Down Podcast are big Plurk fans and think this could be a twitter killer and will almost certainly kill Pownce.

Well I never signed up for Pownce so I don’t know about that. As for Twitter, if Plurk doesn’t crash, slowdown, burp, etc maybe it will. However I like the visual presentation of Twitter better. That could be it’s just because I am used to it. Plurk also has a long way to go as far as adoption.

What a lot of early adopters and this certainly includes tech bloggers continually fail to realize is that most normal people don’t use services like Twitter, Pownce and Plurk. At least not yet.

Twitter is just starting to crack the mainstream blogging consciousness. Plurk is not even close to approaching that barrier.

Are you on Plurk?

what do you Think?

Rate this:
2.9
Sphere: Related Content

  • Pownce, Twitter, Blogs…So many places to update, so little time, does it matter?
  • Is Blogging Dead?
  • Web 2.0 Expo Twittering
  • Blogosphere roundup 4.18.08
  • Blog World Expo: Day 1 Kickoff!
  • If ARS Technica is Worth 25 Million What is Huff Po Worth?

    Just about two months ago 24/7 Wall Street included ARS Technica in their 25 most valuable blogs list and set the price market price at $15 million. If today’s reports of ARS Technica’s sale to Conde Nast are true the price was actually $25 million. That’s a 66% increase over 24/7’s valuation. Does that mean Gawker Media which topped the list at $150 million is really closer to $250 million?

    Does that make the Huffington Post worth $116 million =?

    Is TechCrunch then worth $60 mil? (side note does this purchase of ARS Technica by Wired’s parent company put a new spin on the recent Wired TechCrunch dust up?)

    One thing it certainly does is make everyone else on that list very happy today. It should make every other serious new media content creator happy as well.

    ,

    Technorati Tags:
    Rate this:
    2.9
    Sphere: Related Content

  • Using Blogs To Build Traffic For Your Podcast
  • Is Blogging Dead?
  • Huffington Post Goes Mainstream?
  • Can lightning strike twice?
  • New Media Rich!
  • Are Traditional Magazines Unbiased?

    And are blogs inherently biased?

    The answers to those two questions are no, and yes respectively. The recent Wired/Arrington dust up is just the latest in a very long series of charges and counter charges between blogs and traditional media.

    I am not picking any sides in this particular story. I read TechCrunch almost daily not because I am a techy and I am certainly not a tech investor but because there is always something interesting there and TechCrunch is at the center of the tech-Blogosphere. Which is one of the important communities at BlogWorld & New Media Expo.

    I Also subscribe to Wired. Along with Fast Company they are two closest traditional media outlets to the Blogosphere. Mostly in tech but they certainly touch on and report on several communities within the Blogosphere.

    Back to the issue at hand. Traditional media outlets for at least as long as I can remember have charged that their biggest advantage over blogs is that they are unbiased and have ethical standards and blogs are not and do not. (Study’s have proven otherwise).

    This charge has been made in every realm of traditional media, from politics, to sports, to tech, to reporting on the war in Iraq to you name the topic I guarantee you some journalist or editor in that community has written the exact same thing Betsy Schiffman wrote on her Wired blog (that’s ironic isn’t it) this Tuesday. Specifically the quote from Peter Sussman who serves on the Ethics Committee of the Society of Professional Journalists. (there can’t be any more credible source than that right?)

    We asked Peter Sussman, who serves on the Ethics Committee of the Society of Professional Journalists, for his take on the situation.

    “The one thing that newspapers still have over new online outlets is the brand, the name and the standards. They’ve told readers that by the mere presence of a story on the Washington Post, that it’s been through a rigorous analysis or edit and it is up to their standards. The assumption is that unless you hear otherwise, the content you see in the Post has gone through that ethical screening.”

    I am sure Betsy and Peter practice ethical standards and believe what he has said and try very hard to live up to those standards but here is the rub for Betsy, Peter, and every other traditional media type who has ever uttered this mantra……

    WE DON’T BELIEVE YOU!

    When I say we I mean bloggers, I mean blog readers, I mean every consumer of every form of news media that has ever been written or broadcast. We simply do not believe you are without bias. Why should we?

    Time and time again bias in media has been proven, and when it isn’t proven we certainly have our suspicions.

    Isn’t it one of the tenets of good journalism to be skeptical?

    Why then do you not understand that the same rule applies to the consumers of traditional media content?

    Ever heard the old saying don’t believe everything you read?

    Ever heard the Mark Twain quote “Lies, Damn Lies and Statistics?”

    We have all heard the line about the “separation between Church and State” between editorial copy and ad-sales. Frankly that’s poppycock (I love it when I can figure out a way to throw poppycock into a post!). That’s why Consumer Reports the watch dog for consumers and the (allegedly) unasailable source of consumer product reviews had to quit taking advertising dollars. The moment you do, you create a conflict of interest. Mark Cuban addressed this in his keynote at BlogWorld last year.

    We don’t care if the ad-sales guy brings in the money, and the journalist writes the story and the editors edit and verify their story. We all know the publishers job is to MAKE MONEY. You are not and never have been in the news business. You are in the advertising business. Every journalist who writes for you knows where his or her checks come from. That doesn’t make them bad people and I am not saying they don’t try very hard to be unbiased in their reporting. I am quite sure they do. We just don’t believe there is zero influence in your writing.

    I have told this anecdote many times but for new readers here it is again. I have personally worked for more than one company that his written it’s own product reviews that have appeared in industry trade journals. Now that is about as bad as it gets but the fact is it is far more common than you might think.

    But bias doesn’t start or end with advertising. We all have our inherent biases. Our political views, the industry we are in, where we live, who our family works for, the stock we own, how old we are, our gender, the type of family environment we were brought up in, our economic status and millions of other influences that shape our view of the world. Each of these things affects the way we see and cover any story. Journalists are no different. Sure there may be some superfreak out there without bias but that would be the rare exception to the rule.

    Now here is where I will give journalism and journalists the credit they’re due. No doubt Journalists try to overcome their bias. Organizations like the Ethics Committee of the Society of Professional Journalists, in-house ombudsmen and editors are a fine example of those efforts.

    Many bloggers could learn quite a lot about journalistic standards and would do well to try and adhere to them. However Michael Arrington and Techcrunch may be many things but anyone who is more than casual reader would have to admit that they do try to adhere to some form of journalistic standard. To Mike’s credit he does disclose which companies he invests in. There is no doubt they have broke many big stories and have offered their readers interesting and informative content.

    Isn’t that what journalism is supposed to be all about?

    Rate this:
    2.9
    Sphere: Related Content

  • If ARS Technica is Worth 25 Million What is Huff Po Worth?
  • More on the Time Person of the Year Award
  • Are New Media Ethics different from Old Media Ethics?
  • How Big Could New Media Be?
  • The latest blogging for dollars story
  • How Big Could New Media Be?

    I was doing some research this morning on the difference between ad revenue online vs. print for the newspaper industry. For several years now print ad revenues for newspapers has been declining while online ad revenues have been increasing at double digit rates since at least 2004 (earliest statistics from NAA).

    As The Recovering Journalist pointed out in March of 2006, online ad revenue is basically replacing print ad revenue in the newspaper industry.

    That got me to thinking just how big could the New Media industry become?

    If you have ever heard me get on my soap box you know I believe new media represents the reinvention of newspapers, magazines, radio and television all at the same time. Eventually I guess you could throw feature length films in there as well ($26.7 billion). But lets just stick with the first four for now. 

    According to NAA the newspaper business is currently a $59 billion dollar industry.

    Broadcast radio sits at $21.3 billion.

    Broadcast TV $57 billion.

    The best number I can find for magazine publishing is $70 billion annually. This is a tricky category due to the segmentation between consumer, B to B, other niches and tendency of the industry to include trade show revenue  with print advertising but this seems like a conservative number. (If anyone has better data I welcome your input).

    That gives us a grand total $2.7 trillion dollars in annual revenue up for grabs. Do I expect New Media to steal every dollar away from traditional media? No but those, revenues will not remain static either. 

    Predictions of on line ad revenues eventually equaling their print and broadcast counterparts are numerous so it is only logical to conclude that for new media content creators time is on our side and the revenues will eventually come. That doesn’t mean every blogger will be rich (more on that in another post) but it does mean a lot more will be able to earn living doing it regardless of the genre of their content. And many thousands of bloggers, podcasters, Internet TV and Radio broadcasters will in indeed make it big and become “rich”.

    So if you are passionate about your content, keep working hard and one day you very well may be more than just “Internet famous”.

    Rate this:
    2.9
    Sphere: Related Content

  • I found this funny
  • Social Media Landscape
  • looking to improve your SMO?
  • About
  • Another day another conference
  • Should Bloggers Blacklist PR Firms?

    I agree with much of Stowe Boyd says in his post about PR Spam but I am going to be the devils advocate here and I am hoping we can agree on what I am about to say.

    If you are a professional journalist, or editor covering a particular industry or topic then part of your job is fielding PR pitches for products in that industry.

    Think of it like a buyer working for a major department store. Let’s say they buy mens clothing. That person’s job is to buy things from people they know, and people they don’t know. In fact a good buyer is actively searching for, and appreciatively receiving unsolicited emails and cold calls from people they have never met who are trying to sell them some new line of clothing they have never heard of. Why?

    That new line of clothing just might be the next big thing.

    It is that buyer’s job to diligently review that line and listen to that sales pitch to decide if buying that line would give his company a competitive advantage.

    A buyer who only buys from his friends and buys lines he already knows about is lazy and should be fired for not doing his job.

    In Journalism and PR it is the same thing. Journalists and editors should be actively seeking new stories, from new companies about new products and learning about them with enthusiasm to give their publication an advantage by breaking stories before their competitors.

    Will you occasionally get pitched something that is irrelevant to you or that is personally uninteresting to you? Of course. Too bad. Get over it or get a new job. Now if the same PR firm keeps sending you irrelevant information it is entirely appropriate to contact them and politely ask them to knock it off. If they keep “spamming” you then you should complain about them publicly until they get a clue.

    Now here is the difference and the fine line between bloggers and “real” journalists. If blogging is a hobby for you and you don’t really consider yourself a journalist, or you don’t really know what journalism is or means then it is understandable that you might be offended when you receive an email from a stranger pitching some product you have never heard of.

    Stowe offers some great advice in his post:

    I also suggest to bloggers and journalists to do as I have done, and post a persistent link on your blog called ‘How To Pitch Me’ or the like, and state how others ought to — and ought not to — pitch you.

    By the way small companies are the ones who are most hurt by being ignored. Big companies will always find ways to get their message out. They have the money and resources to change tactics and to kiss and make up to whoever they have offended. And don’t try to tell me that publishers don’t forgive when they are adequately sucked up to after being offended.

    Small companies do not have access, do not have the resources or the cash to pursue every single media outlet in the world that might cover their product individually. It is impossible. So if you get what you consider to be “spam” from a small company take a moment to send them a polite email and explain that you don’t like the way they pitched you and offer them some free advice. Most likely they will appreciate the advice and you might just get the inside scoop when that company makes it big.

    If the polite approach doesn’t work you can always blacklist them. It’s your blog you can do whatever you like 8).

    **update**

    Todd Defren defends his ably defends his firm and his profession.
    Infopinions points out the difference between Lifehacker’s reaction and Chris Anderson’s.

    Jeremy Pepper prefers OG PR.

    PR Interactive says They aren’t teaching this kind of stuff in school:

    While I can’t speak from the professional side, I can agree with him from the academic side. As a recent grad, I can tell you that I have had minimal exposure to pitching the media. This is, obviously, very difficult to do in the classroom setting, and most of my internships would let me pitch only when everyone else was swamped with bigger clients. For many of my peers, ,

    Brian Solis says:

    >Nowadays, any mistake made in PR is really an occupational hazard where one wrong move can cause a domino effect that has the potential to eradicate months or even years of hard work.

    What Brian says is true but it is also wrong and shame on bloggers who hold PR professionals to an unreasonable standard. Show me a blogger who hasn’t posted inaccurate information one time or another or flamed someone and later had to apologize for it and I will eat my hat. We all make mistakes.

    Btw Brian nails it in defining SPAM. It is not any email you deem to be unwanted.

    Broadstuff disagree’s with Brian’s definition…..He’s wrong.

    more to come I am sure.

    Rate this:
    2.9
    Sphere: Related Content

  • Jim Kukral to Lead Monetization Track
  • Sponsoring Memeorandum and Ballbug
  • Blogosphere roundup 4.18.08
  • Bloggers Working Themselves to Death
  • Blog service providers agree to register; censor bloggers for Chinese Government
  • Gary Vee on The Big Idea with Donny Deutch

    Gary Vee is just the latest new media guest on The Big Idea. Remember the episode with Robert Scoble, the blogger bus and BlogWorld Exhibitor Mogo Mouse?

    Check out the segment with Gary Vee here.

    Gary has his second appearance on Conan May 12 coming up and his book coming out May 13.

    On another note Donny knows New Media is a Big Idea. Wouldn’t it be cool to get Donny to do a Big Idea show from BlogWorld?

    Rate this:
    2.9
    Sphere: Related Content

  • Can lightning strike twice?
  • Here we go
  • Working for a newspaper starting to look a lot like blogging.
  • Is Blognation Dead or Just in Suspended Animation?
  • Sitting on the floor for the 1.0 to 2.0 philosophies talk
  • Using Blogs To Build Traffic For Your Podcast

    That is the topic of Scott Bourne’s talk at NAB. Here is the big take away:

    If all you do is build a blog and create show notes from your podcast you will build your audience. If you learn that one thing today then you will have gotten your money’s worth.

    Scott has several other good tips:

    • Use your blog to build relationships and convert your audience into a community.
    • Sell ads on your blog to ad revenue to your podcast.
    • 4 – 5% of your readers are bold enough to comment.
    • Create an archetype to be provocative drive traffic
    • Visit KDPaine’s Media Measurement blog to find out which keywords will help drive traffic to your blog and podcast.
    • Pick 10 keywords no more to be effective and avoid risk of being branded a spammer. Then focus on three to really own.

    Interesting note here. Just like Tim from French Maids, Scott says he has been involved with traditional media since he was 16 years old but has never had more fun or felt more connected to his audience than he has since he has been blogging and podcasting. 

    Rate this:
    2.9
    Sphere: Related Content

  • Blogs are hot
  • John Chow on Driving Traffic to your Blog
  • Where do you stand on Net Neutrality?
  • Peet’s Coffee and Power Plugs…things you need at a conference
  • Twitter / Pownce Killer…. Plurk?….
  • New Media Rich!

    Tim Bourquin from New Media Expo has a must read post up today. Here is a small excerpt:

    In the “old days” anyone who was famous in the media had the big bucks that naturally accompanied that fame. But these days, there seems to be a whole lot of folks that are “Internet famous” because of blogging, podcasting, Twitter, flickr, etc. and yet need to ask their audience for donations in order to buy a better microphone. It’s a bizarre and ironic result of the ability for anyone and everyone to start producing content and gather an audience.

    I think we just need to be patient and if you look at the history of traditional media you will see lots of similarities to where we are today but more on that later. Tim Continues:

    Twitter, blogs, podcasts and new media in general have created a wave of “famous” people - people with a “wealth” of attention and inbound links, but can’t pay their bills at the end of the month. Worse yet, some seem to think that if you do find a way to make your living successfuly, you’ve “sold out” and are no longer true to your audience. That’s a shame and it needs to change.

    The “link” and “attention” may be the currency of the Internet, but until someone can show me how to pay my mortgage by linking to my bank once a month, that just doesn’t fly with me.

    A commenter on Tim’s blog Trey hit on it, and another commenter Nick touched on it as well. I will begin to play the broken record I have been playing for a couple of years now. We are at the beginning of this “new media” thing. Of course very few are getting rich. (quite a large number are making some kind of money) . Most people in this “industry” don’t even realize they are in an industry. Many of them are just hobbyists with no real aspirations to grow beyond that (like Nick’s analogy to bands).

    As Trey pointed out when radio first came along DJ’s weren’t rich, very few musicians were rich in the early days either. Actors weren’t rich when movies first came long. Athletes certainly weren’t. Sure they might have been famous but they were lucky to eek out a living. Sound familiar?

    As those industries matured the money came. What brought the money?

    First audience then advertisers and sponsorships. Along with those things came producers, distributors, and of course managers who took their cut.

    Even today there are bands with very little “fame” who make a damn good living playing their brand of music. While countless others who may have more talent make little to nothing. In most cases the difference is a good business sense or a manager who has that business sense to go along with their talent.

    Good content creators are not common, great content creators are rare. There are very few Madonna’s or Elvi, or Harrison Ford’s and a lots of character actors with bit parts or working in commercials. There are hundreds of thousands of musicians playing small clubs or making jingles for commercials and countless waiters out there who consider themselves actors, singers and artists.

    In fact it is a testament to the awesome power of new media that so many people are making money or even making a living and in some cases getting rich already. Anyone see the recent list of the 25 most valuable blogs?

    Gawker media worth $150 million? Huffington Post $70 million? TechCrunch $30 million? Yes those are subjective estimates but by any measure the owners of those sites are “rich” at least on paper.

    What New Media has done is to lower the barrier of entry for all of us. At least some musicians were able to make a living without being “Rock Stars” before new media came along, but radio broadcasters? Actors? Producers? Writers?

    No way. You needed to land a job with the local paper, network affiliate, movie studio or land a book deal with a publisher. Not any more. I am not saying we have cut out those middle men, but they are no longer mandatory to success. Now you can be successful on a much smaller scale with very little to zero investment. You can scale your “brand of content”.

    That doesn’t mean that all other business rules are out the window. If you believe yourself to be a great content creator who should be rich and famous but don’t know how to make money doing it, then learn or find yourself a manager who does, or go to work for a network that can help you make money.

    By the way New Media has opened lots of doors for folks in those more mature industries of entertainment. Quite a few traditional journalists, photographers, etc are now striking out on their own to make a living with new media. BlogCritics, and The Politico would be two great examples of that. Founded by traditional journalists who are now creating and controlling their own content and syndicating it back to traditional media. Sports like MMA that used to be drowned out by the MLB,NFL and NBA have new ways to reach their fans and new doors that may have never opened to them without new media.

    So be patient my friends. The money will come and like so many other things Internet related, it will come at warp speed compared to traditional media’s history.

    One last note if you are serious about learning how to monetize your content then Tim’s show is a great place to do it, and of course so is BlogWorld.

    Rate this:
    2.9
    Sphere: Related Content

  • BarbieGirls.com exemplifies how the Internet is changing
  • Enter Media 2.0
  • How Big Could New Media Be?
  • Edelman’s latest
  • Matt Cutts: no Google doesn’t hate you, just your code–SEO tips from Google
  • The 25 Most Valuable Blogs

  • Technorati Hompage Revamp, Refocus on Blogs
  • If ARS Technica is Worth 25 Million What is Huff Po Worth?
  • Q: What do Stocks, Blogging and Vegas all have in common? A: InvestorVillage
  • Online vs. print news advertising
  • Blogs are hot
  • Should your business be blogging?

    If you are a business owner, or work for a company that is thinking about blogging then read this excellent post by notable blogging guru and all around smart guy Dave Taylor:

    Finally, your bonus question is when to start blogging for your business, and I would say that the best answer is start writing your business blog entries immediately. It doesn’t really matter if you’ve been in business for six months or aren’t opening the doors for another eight weeks: your blog is a way to get noticed, to gain visibility, to engage your current and future customers and to participate in the ongoing discussion in your industry. If you’re trying to gain visibility for both yourself and your business, why wouldn’t you get started as soon as possible?

    You really should read the whole thing.

    Rate this:
    2.9
    Sphere: Related Content

  • Do you blog for your home business?
  • NZ Bear on the Fox Business Channel
  • How personal is too personal?
  • LA Times sees value of blogging
  • Business Blogging According Cisco