So Facebook closed with a loss of 9.68 percent at $28.82, dropping below $30 for the first time and ending down more than 24 percent from its offering price of $38 on May 18.
To be honest I think it’s all a sham, some traders getting rich while others will end in the poor house.
Facebook does not have any real money making schemes like say Google, it’s advertising module is a joke and does not work and when it does it’s poor to say the least, that wont stop the advertisers throwing banners all over the place like in the late 90’s early 2000’s to try take advantage of the numbers facebook has.
However, it does have a huge database and following, it’s only saving grace as far as I’m concerned which of course is worth plenty, they just have to work out how to monetize it properly.
Well personally I see them buying RIM, you heard it here first folks, Yes Blackberry & Facebook could save each other.
Both need a helping hand at the moment, Facebook is thinking of getting into mobile and RIM needs a lot of help too, to marry could be the answer.
Looking into my crystal ball I dont see facebook being around for many a years, in fact I would be surprised to see it in say 10 years in it’s present form, the numbers and addresses they have in that database is all the wolves in the marketplace really need.
The stubling block will be Zuckerberg’s ego, we all have one, but something new always comes along, that may by Opera or RIM, but they need to do something new and different or at least work out the kinks in their advertising, or all that will be left will be the farm girls and boys playing games and the singles still using it as the dating site.
Social Media for some small businesses especially with small budgets struggle in todays market, well we may have found the answer, Social Outbreak.
This new program is aimed at any business who firstly would love a customized page on Facebook, Twitter or Youtube, and secondly they can do this at a fraction of the price most company’s charge to look after social media channels for you.
Content, this is most peoples worry, not a problem, feeds are available in different catogories for you to use so your facebook & twitter pages are kept up to date with fresh content. A user friendly admin panel gets you up and running with very little effort and should you get a problem, live help is available, all this for $100 a month.
Members get videos, webinars and a bag full of goodies to promote your new pages, you can even earn a few dollars by recommending it to your friends.
Is the revolution beginning? Check it out or Join Today and start getting seen on the biggest networks online.
It’s almost like a tragic love triangle, with Microsoft somewhere in the middle between Yahoo and Facebook. In case you missed the news, Yahoo is making a lot of fuss and bother over Facebook, and the more scrutiny that’s put into it it looks like it’s founded on some loose interpretations.
How is Microsoft stuck in the middle? While it doesn’t own Yahoo or Facebook, it does have it’s finger in both of their pools. With search and social sharing with Facebook and delivering the search results for Yahoo. Yahoo isn’t a stranger to suing others over what they see as patent infringement. They’ve also sued Google as well, which was eventually settled for some stock after a couple of years of duking it out. The difference there however, is that Yahoo may have actually won a case had they not settled. Google had began to use a similar idea to Overture’s pay per click and auction system, and Yahoo had bought the fledgling search engine. Even with changing, upgrading and innovating on the ideas, they were still taken from that basic idea that Yahoo effectively owned.
Where Facebook is concerned? Yahoo is on thin, shaky ground at best, and in la-la land at worst. Some of the points that Yahoo is going to attempt to sue? How about the “method and system for optimum ad placement on a page” which take literally on it’s own could allow Yahoo to sue any company or website using paid advertisements. If that isn’t a loose enough patent for you, how about the patent for dynamic page generation? PHP and any other database driven site or achitecture could technically be dinged on this point.
The key points which Yahoo has decided to press on in regards to Facebook infringing patents are hopefully met with a realistic view and not a literal one when the day comes. When all the points are taken together, Yahoo could almost translate any of them to suing the vast majority of the web, which is a twisted pipe dream in a literalists world.
Over the last couple of weeks people have been hacking and slashing at Google because they’ve rolled out a change to how your results pages show up when you conduct a search. They’ve dubbed the change “Search plus Your World” and the idea is you receive Google+ data while signed into your Google account and conduct a search. Personally, I really don’t see the issue with their idea and here’s why.
Number one reason, if you’re signed into your Google account, searching Google.com, why would it surprise you to find publicly available information from Google+ in your results pages if it’s relevant? And from all of the screenshots of the integrated social results, a click of a button and they’re gone. Another argument I’ve seen about Google integrating the information into the SERPs is they are prioritizing its own content instead of linking out to third-party sites, which arguably is the whole point of a search engine. Valid point to bring up, but again, you can simply shut the option off with a few clicks at most. In the online world where 800 million or so people are used to the “opt-out” model thanks to Facebook, it’s almost surprising that it’s taken this long for another major web player to try it. Twitter and Facebook even backed a small browser bookmark of sorts to help cull out the Google+ results from your results pages. It’s outraged enough people, that bloggers are already forcasting that Bing is the new King of Search.
It’s perhaps those last two points which contributed to my puzzlement. For all of the people up in arms with Google and switching over to Bing, I can only assume two things. You were born on January 1, 2012 and you don’t have a Facebook account; amazing really considering there are so many. Here’s a brief excerpt from an article stabbing at the changes Google has recently made:
The new feature is baked right into Google and aims to personalize your search results by including Google+ data when you are signed into your Google account.
And here, is an excerpt from an article written in May 2011:
The worlds of SEO and social media were rocked the other day when Bing announced they will incorporate Facebook data into their search results for the most personal social-search integration to hit the web. What does this mean for the user? If you search for something on Bing and are logged into your Facebook account, you will see which pages, products and websites your friends Like and recommend high in the results, regardless of where that page ranks in the general SERP.
Perhaps Facebook should recite the idiom, people in glass houses shouldn’t throw stones, as Bing and Facebook have been at social search integration coming up quickly on a year of implementation.
An optimized website
What they say: Even if you don’t actually sell products online, a website gives potential customers and investors the opportunity to find out more about you and your company. For a website to be effective and bring new customers and investors to your doors it needs to be seen. Search engine optimization can help position your website on the first few pages of the search engines which means it’s much more likely to receive visitors.
As well as ensuring the copywriting on your website is optimized with keywords, you need to make sure your web developers or designers have created an SEO friendly website.
With 65,000 new websites coming online every day, not including new pages and blog added to existing websites daily the chances of you ever seeing high traffic and rankings without a BIG cost is near on impossible. Nobody ever mentions the cost do they.
Fact: Investment for marketing the website from approx. $1500 – $20,000 per month depending on size and your competition.
Active social media channels
What they say: Having a profile set up on Twitter, Facebook and LinkedIn (plus the numerous other social media networks) isn’t enough. For your social media campaign to be a success you need to continually interact with your network.
And to be honest who gives a crap what bus stop or pizza shop you’re at or what you have just eaten, Your top score on a farm game or flirting teens pretending while the parents are out. Get a life. Limited for business unless very local.
Fact: A full-time job to do it properly along with a full-time salary approx. $30,000 – $50,000 per annum.
An up to date blog
What they say: Blogging is one of the quickest and easiest ways to forge an identity for yourself online. Blogs allow you to share your expertise with your visitors and it encourages them to see you as a leading authority in your industry sector. As you build up your blog with opinion pieces, news stories and reviews you will create an online resource for your blog visitors.
Fact: Takes your time and money, time is money or employ someone to do it, another salary.
While there is a lot of information and help out there to get you started, do not be taken in by all the BS that people and company’s shovel out. Sure Google also has SEO guidelines which cover what you should and should not be doing in order to create a well optimized website. Check it out Rand at SEOMoz have a multitude of free blogs, videos and podcasts on their website to help people understand the basic (and more advanced) SEO techniques too, but the cold hard facts are it takes time, money and knowledge to be a real player. As I have said many times, pay peanuts and you will get monkey’s.
As a small business if you don’t have at least $20k a year to throw at marketing your online presence, forget it, you will never even scratch the surface, if some company gives you bullshit about the must have Facebook, twitter and rest accounts, run for the hills, these usually are the wannabe online marketers, with sharp tongues (usually forked) and snappy suits. You can get business from social, but it’s limited, search is and has been #1 from the start and will continue for a very long time.
Ask yourself what you do when you want something, whether on your phone, laptop or desktop, you search first.
Opinions are those of the writer.
It’s reassuring, that even though some businesses out there are slow to improve their websites or their online marketing toolset, the trend is slowly but surely shifting. While still only a fraction of the marketing dollars spent out there, the numbers are showing that around 17% of most businesses marketing budgests are being spent on online marketing. Any positive growth is good for everyone involved.
A great graphic depicting some of these changes has been put together, which outlines some of the changes coming about in the marketing world. In the US, 70% of the businesses out there have indicated that they will be increasing spending on social media advertising (Facebook, Twitter, Google+) and 64% also chimed in to add their budget is increasing for SEO as well. With consumers spending more and more time searching online for their next purchase, it’s much more advantageous to get into the game now, as opposed to later. The longer you wait, the greater your costs are going to be. Surprisingly however, it came back that 17% of businesses out there planned on increasing their marketing budgets on print media, which is much like buying stock in Yahoo these days. I kid, I kid, all jokes aside however, almost anyone out there who has a job has access to the internet. It should be no surprise that on average people spend 3+ hours browsing the internet. 84% of people who use the internet, spend their time searching for information on what has caught their interest, there are billions of searches per day.
There’s a great deal more information which can be gleaned from the stats, have a look and take a moment to conisder your marketing plans. Are you on the side of innovation and forward thinking? Or trying to cling to an outdated, unmeasurable stand by. Just remember that the longer you wait, the more difficult the game becomes.
It’s been just around a month now that Google+ became open for business, and Google remains undaunted in its effort to go toe-to-toe with Facebook.
Vic Gundotra, vice president in charge of Google+ said, “We are in an enviable position that we have people who come to Google, we are in this for the long haul… By Christmas you will see Google+ strategy coming together.”
Google+ has attracted more than 40 million users since it opened to the public , but has a long way to catch up with Facebook’s membership of approximately 800 million.
Google is looking at tying all of their current Apps and extensions into Google+ accounts, the goal being able to synch the whole mess together with Docs, Youtube etc. Eventually, Google aims to open the platform to outside developers to make games and other kinds of installable “apps” that have been part of Facebook’s success.
Google is moving slowly and cautiously to make sure its social network is a safe, stable haven for families, friends, and other associates who connect with one another in “circles” created at the service.
Gundotra acknowledged that Facebook has the advantage of a “network affect,” in that complex webs of friends are established there and people might find it daunting to up and relocate to Google+.
“The incumbent (Facebook) has a huge advantage, if you play the same game, you are not going to win… So we are going to do it differently.”
One of the larger contrasts between the two networks, Google+ offers much more discretion on what you share, with whom.
“We do not believe in over-sharing,” Gundotra said. “There is a reason why every thought in your head does not come out your mouth… We think a core attribute to being human is to curate.”
Google+ launched with a requirement that people use their real names online in order to let others find them more easily, but they are aiming to eventually allow people to use pseudonyms on your account as opposed to your real name. It’s been a thorn in the fledgling social network since early in it’s beta incarnation.
“We wanted this to be a product where you can discover people you know,” Gundotra said. “You don’t know ‘Captain Crunch’ or ‘Dog Fart’.”
Based on the rest of the discussion from the conference, it’s looking like Google can’t wait for Christmas to get here.
There has been blogs written many times about the cost of SEO and about how the return on investment is one of the highest in the marketing industry, there are times when optimization is just not in the budget. Whether you’re a brand new business with little to no marketing capital, or perhaps an aging business that needs to completely rework your advertising and marketing campaigns. Don’t fret however if you can’t pour vast amounts of money into organic SEO, there are still a couple of tricks you can do which can at least help you in your local marketplace.
First off, if you have a business, then you’ll have a name for it. There are a few free avenues you can explore to begin promoting yourself to your local area and if done right, your name will spread. Facebook, while primarily a social location for friends and families also has their own business listings. Instead of creating a personal profile, you create a business page with which you can begin to share information with your customers and clients in an open format. Within Facebook as well, you can use paid advertisements which will display on profiles which are interested in your business. Pre-qualified traffic can go a long way to helping your bottom line. The ad placements within Facebook do have a cost however, but the page listing does not.
Also tieing in with the free angle, using a Twitter account can be a creative way to send out advertisements for flash sales or discounts to your subscribers. Frequently updating your sales or hosting a conversation in your stream is a free way to generate buzz about your business and your products.
If you find that the information you need or want to share with your customers is too long for Twitter, having a branded blog is a great step forward to get the word out. Use your blog to promote new products which need a description, or a place to layout the details of an upcoming contest or sale. A blog is a free, simple way to get stories out to your current and future customer base.
Continuing in the realm of free, be sure to also create your Google Places page. Creating a quality page with all of your relevant location and contact information can place you within the organic search listings should you be part of the search terms entered. The Places pages are displayed just as the Google Maps listings used to be, typically at the top of the organic listings with their identifiable red arrow markings.
Those are only a handful of the free local advertising tools you can use as a business owner. When you’ve generated the traffic and are starting to improve your bottom line that’s when it’s time to take the plunge and invest in a quality built website and start building your brand on a wider scale.
The anti-trust hearings versus Google and their supposed stranglehold of the web has been continuing in front of the senate. There are people on all sides of the argument it seems, Google on the defensive, Microsoft and a few others decrying that they’ve been wronged by the search giant. And one of the most basic arguments that Schmidt has used to rebut all of the claims of unfair business could very well win the day. Schmidt’s defence basically says:
“Google faces competition from numerous sources including other general search engines (such as Microsoft’s Bing, Yahoo!, and Blekko); specialized search sites, including travel sites (like Expedia and Travelocity), restaurant reviews (like Yelp), and shopping sites (like Amazon and eBay); social media sites (like Facebook); and mobile applications beyond count, just to name a few.”
Now on one hand, yes Google can provide all of the services that are available on the web, but there are simply better options. If you’re big into social networking, Facebook is still the king, if you travel a lot you use Expedia to find tickets and deals. I’ve personally used Amazon, eBay and Kajiji to post and purchase items and even the smaller search engines like Blekko have their place and a few tricks that Google just can’t do.
So Schmidt’s argument that there are options available online, users just need to navigate to them, is utterly true. Google doesn’t so much have a dominance of the internet, as it has a dominating presence in the search arena. And there are many out there who would point out, Bing, Yahoo and the littls start ups like Blekko which come along, chip away little by little at that armour. Google’s search advantage or position isn’t going to disappear or diminish in any great capacity until a revolutionary game changer makes itself known, just as Larry and Sergei did with Google.
So don’t worry about Google’s “dominating web presence” so much, instead use your keyboard and mouse and investigate the alternatives. Just because one site offers similar products, doesn’t automatically mean you have to use them. After all, you wouldn’t call Coca-Cola to order some Pepsi.