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	<title>Planet Saad &#187; Social Media</title>
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		<title>POWER OF &#8220;MEGA TWEETERS&#8221;</title>
		<link>http://www.planetsaad.com/2010/01/19/power-of-mega-tweeters/</link>
		<comments>http://www.planetsaad.com/2010/01/19/power-of-mega-tweeters/#comments</comments>
		<pubDate>Tue, 19 Jan 2010 22:15:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[twitter]]></category>

		<guid isPermaLink="false">http://www.planetsaad.com/?p=200</guid>
		<description><![CDATA[There are only a few users with more than a million followers on Twitter. A few of them might be flukes (Ashton Kutcher   ?), but most are not. They are celebrities such as Britney Spears and Oprah Winfrey or popular media sites such as The Onion and New York Times. I call them [...]]]></description>
			<content:encoded><![CDATA[<p>There are only <a href="http://wefollow.com/top">a few users </a>with more than a million followers on Twitter. A few of them might be flukes (Ashton Kutcher <img src='http://www.planetsaad.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' />  ?), but most are not. They are celebrities such as <a href="http://twitter.com/britneyspears">Britney Spears</a> and <a href="http://wefollow.com/Oprah">Oprah Winfrey</a> or popular media sites such as <a href="http://twitter.com/TheOnion">The Onion</a> and <a href="http://twitter.com/nytimes">New York Times</a>. I call them &#8220;mega tweeters&#8221;.</p>
<p><span id="more-200"></span>If you can get more than a million followers somehow, would you be &#8220;powerful&#8221; or influential as well? It&#8217;s the infamous chicken-and-egg problem: Unless you are already influential, it&#8217;s hard for you to get a million followers &#8211; and if you do not get a million followers, you can&#8217;t become a very influential tweeter. Well a million is just an example. But you get the point.</p>
<p>So what could you do with a million followers? I will give you just one simple example. The example is based on a real first-hand experience. I have modified the numbers a bit to maintain confidentiality, but these numbers are not very far off from the actual numbers.</p>
<p>Primary source (and in most cases, the only source) of revenue for blogs is advertising. Most advertisers pay by CPM (cost per 1000 impressions) &#8211; that is, if a particular ad is served 1000 times, they would pay the publisher a certain amount. Let&#8217;s say there are 20 display ads on any page, and let&#8217;s say average CPM from ads is $5. That would amount to $100 for 1000 impressions. Please note that I have highly simplified the value chain and numbers.</p>
<p>So when I write a really good article &#8211; I mean really good that kicks ass &#8211; on my site, I can get pretty decent number of views (I do not monetize my personal blog though). If I write the same article on a popular site, I get several times more views. Obviously the range of number of views you get on one site vs the other is huge, but the number is a function of three things in general: (i) quality of the article, (ii) popularity of site it is published on, and (iii) popularity of people (or tweeters) who read it.</p>
<p>Sometime back I wrote an article on a fairly decent site. The article was pretty well done too &#8211; at least people seemed to like it (or they highly disliked it &#8211; many times a controversial article can actually get more hits). I got like 300 &#8220;retweets&#8221; on it in just a few hours. After a few days, number of hits had peaked out as it typically does. But then all of a sudden everything changed. A mini celebrity (no, it wasn&#8217;t Britney Spears, though I wish it were), who has more than a million followers and is a legend in technology and venture capital community, apparently liked my article and retweeted it. The message went on to his more than a million followers. The number of retweets almost doubled in a matter of couple of hours. Number of hits on my article was already in 5 digits, but it almost got doubled as well.</p>
<p>So in the end let&#8217;s imagine this. If I had 20,000 views before the &#8220;mega retweet&#8221;, the article was earning $2,000. After the retweet, the revenue shot up to almost $4,000! Less than a 140 character message can put more than $2,000 in your pocket! (Do not get overexcited though: getting this many hits is not easy)</p>
<p>So my first question to you is this: If you get lucky enough to get more than a million followers, would you simply promote good writings and take a share of the revenue? Second, are you still skeptical of social media in general and Twitter in particular?</p>
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		<title>SHARE YOUR THOUGHTS ON EFFECTIVE SOCIAL MEDIA MARKETING</title>
		<link>http://www.planetsaad.com/2009/06/15/share-your-thoughts-on-effective-social-media-marketing/</link>
		<comments>http://www.planetsaad.com/2009/06/15/share-your-thoughts-on-effective-social-media-marketing/#comments</comments>
		<pubDate>Mon, 15 Jun 2009 20:17:57 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://66.147.242.89/~planets5/?p=86</guid>
		<description><![CDATA[Let’s say you were launching a consumer facing web 2.0product like Yelp, Youtube etc., where network effects are huge and receptiveness at launch can make or break the product or company. Cuil is a great example of a company failing at the launch, though it was more due to bad product than bad marketing. But [...]]]></description>
			<content:encoded><![CDATA[<p>Let’s say you were launching a consumer facing web 2.0product like Yelp, Youtube etc., where network effects are huge and receptiveness at launch can make or break the product or company. Cuil is a great example of a company failing at the launch, though it was more due to bad product than bad marketing. But question remains: How can you rise above the noise with tons of other companies trying to grab the market? I hear you that product should be compelling and differentiated enough for users to use it, however product quality aside, how do you effectively market your product in social media? There are millions of users on social media today. Most influencers can are most likely on social media as are most end users. Industries with large network effects simply cannot afford to ignore social media. <a href="http://www.itvale.com/2009/06/share.html">Read the full article »</a></p>
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		<title>IN DEFENSE OF FACEBOOK</title>
		<link>http://www.planetsaad.com/2009/05/24/75/</link>
		<comments>http://www.planetsaad.com/2009/05/24/75/#comments</comments>
		<pubDate>Sun, 24 May 2009 20:07:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[facebook]]></category>

		<guid isPermaLink="false">http://66.147.242.89/~planets5/2009/05/24/75/</guid>
		<description><![CDATA[This is not a blog on &#8220;in defense of&#8221;, but I wanted to paint a picture that is different from what many people tend to think of Facebook. A CEO in one of my classes called Facebook and third party developers “rubbish”. I argue that there are several third party developers who are making tons [...]]]></description>
			<content:encoded><![CDATA[<p><span style="color: black;"><span style="font-size: small;">This is not a blog on &#8220;in defense of&#8221;, but I wanted to paint a picture that is different from what many people tend to think of Facebook. A CEO in one of my classes called Facebook and third party developers “rubbish”. I argue that there are several third party developers who are making tons of cash on Facebook platform. Facebook has built a thriving platform, which is growing fast and can be a great source of additional revenue for Facebook. </span></span><a href="http://www.itvale.com/2009/05/in-defence-of-facebook.html">Read the full article »</a></p>
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