Posts Tagged ‘new york times’

Is Facebook dying?

Thursday, September 3rd, 2009

By Robert Lockard

Is Facebook starting to die? That’s the topic of an astonishing New York Times article, entitled “Facebook Exodus.” Author Virginia Heffernan starts by pointing out:

The exodus is not evident from the site’s overall numbers. According to comScore, Facebook attracted 87.7 million unique visitors in the United States in July. But while people are still joining Facebook and compulsively visiting the site, a small but noticeable group are fleeing – some of them ostentatiously.

Telluride, Colorado ghost town

I’ve written about Facebook several times in the eHarbor Blog, usually noting its strength and rapid growth. Along with Twitter, it is leading the social-media revolution – or fad – that could change search engines and other aspects of the Internet. This article grabbed my attention and demanded I discuss it.

You should definitely check out the New York Times article because it tells five stories about individuals who left Facebook for a variety of reasons. They are all quite compelling. One felt his privacy was violated by Facebook, and another felt she was wasting too much time on the website.

The feelings of privacy violation are completely understandable, and perhaps even unavoidable. Facebook is a social network so its information is not meant to be completely private. Perhaps people’s concerns are just the result of their own carelessness in posting too much information or not studying the rules to keep it hidden. Or maybe it’s a combination of shifting, hidden or hard-to-understand rules, as well as people’s decisions not to read the fine print.

The last paragraph in the New York Times article sums it all up nicely:

Is Facebook doomed to someday become an online ghost town, run by zombie users who never update their pages and packs of marketers picking at the corpses of social circles they once hoped to exploit? Sad, if so. Though maybe fated, like the demise of a college clique.

You can find the rest of this blog entry on the new Social Media Blog on Submit Solution when it is published. The new Submit Solution redesign is almost ready, and it will get most of our Internet marketing blog entries from now on, while the eHarbor Blog will mostly be about eHarbor, Inc.

The photo of the ghost town near Telluride, Colo. is from Flickr, and it is courtesy of Rob Lee.

New product Kindles hope for news publishers

Wednesday, May 6th, 2009

By Robert Lockard

Technology might actually be a boon for traditional media providers, thanks to Amazon’s new version of Kindle, called Kindle DX.

Kindle displays the New York TimesIf you read my blog posts on the New York Times and news media in general, you know that traditional news providers seem to be in trouble. Their revenue keeps falling, readership is mostly in decline, and other factors point to a shift in the way people gather news.

This Kindle development is a welcome bit of good news.

I read about Kindle in an article in Computer World, entitled “New Kindle creates new challenges for publishers.” This sounds quite exciting. The previous Kindle version had a six-inch display, but the new one will have a 9.7-inch display, making it easier to read books, newspapers, magazines and other content.

Instead of facing the problem of providing news free of charge, news publishers might actually be able to pull in decent revenue with portable devices like this. The New York Times has already been offering its content to Kindle readers for a monthly fee, but it is expected to lower that fee for the new version.

This is certainly a good opportunity for news publishers, but it comes with a few question marks. Since the technology is so new, it might be difficult to tell what price consumers are willing to pay. Also, news websites and blogs are still popular, and it might be difficult to persuade people to give up their free news sources for a portable, paid service. Cell phones can be used to read news articles, but they are much smaller, so maybe this is a viable option.

Amazon is the first to delve into this new industry, but there will surely be competitors soon, and that could also help news providers by giving them more avenues to sell their content through.

I’m glad to share this positive story. I might write a follow-up blog entry about the Kindle product after it debuts. We’ll wait and see. Stay tuned for more ecommerce stories like this in the eHarbor Blog.

The photo of Kindle and the New York Times is from Flickr, and it is the copyright of jocke66.

New York Times struggles to stay afloat

Wednesday, April 22nd, 2009

By Robert Lockard

I read a Bloomberg article that said the New York Times is facing a large drop in revenue and is trying to cut back on its expenses to stay in business. The article is entitled, “New York Times Sees Further Ad Drop After Loss Widens.”

Tiger staying afloat in water

The New York Times is learning the hard way that ecommerce and online media are changing the way people gather information and the way marketers advertise their products to customers. They’re trying to stay afloat by cutting jobs, reducing their staff’s salaries and selling property and other assets to try to make up for lost advertising revenue.

All of this is prolonging the inevitable. Old media will have to adapt to changing conditions or go the way of the railroad.

For better or worse, Facebook, Twitter and other social-media sites are revolutionizing communication and information distribution. Marketers are shifting their advertising dollars online because it is much more cost-efficient to do so. Print faces serious challenges because of this.

One quote in the Bloomberg article stuck out to me above all the others. Thyra Zerhusen, managing director of Optimum Investment Advisors, said the New York Times has “to do a better job monetizing their online revenues.”

This seems to be a common theme for companies looking to make a profit online. Online marketers save money by hosting a website instead of renting space at a mall, but they need to understand doing business online is a big change from the old way of doing business and it requires different approaches to earning a profit.

I recommend going to Magellan Commerce’s redesigned website to find resources that can help you succeed online. These include search engine optimization, website design, and more.

You can also go to other eHarbor, Inc. affiliates: Submit Solution and Real Estate Promoter.

The photo of the tiger staying afloat is from Flickr, and it is the copyright of fPat.

Facebook’s growing pains could transform social media

Thursday, April 16th, 2009

By Robert Lockard

Facebook is one of the highest-profile members of the social-media revolution that took hold of the Internet four years ago. One question on many people’s minds is: Is Facebook on the verge of becoming profitable and going public? That might be a giant step for the social-media industry.

Man with a book for a face

I read about Facebook’s amazing growth and current struggles in a Fortune magazine article, entitled “Is Facebook losing its glow? The article points out a lot of interesting statistics about the company, such as:

- 850 million photos are uploaded to Facebook every day.

- 8 million videos are uploaded to Facebook every day.

- 70 percent of Facebook’s users are outside the United States.

- Facebook’s revenue in 2008 totaled $280 million.

Those are impressive numbers. And to think that in 2004 hardly anyone had ever heard of Facebook. Or Twitter, MySpace or YouTube, for that matter. Clearly, these websites are doing something right to become so successful, and people around the world want to be a part of them.

But Facebook has yet to make a profit because it relies mainly on advertising for its revenue. And online advertising is cheap, as any newspaper or other traditional media provider will tell you. I’m not sure how social-media sites will earn a profit without eventually charging their customers a fee for some services.

Online consumer spending is expected to increase in the next several years, and a growing number of marketers are climbing onto the ecommerce bandwagon. Maybe social-media sites can take advantage of this trend, too.

But they might lose a large number of current and potential subscribers. Facebook bases its whole business model on generating new customers, so it might be difficult for it to transition to developing the quality of its customers instead of quantity.

Speaking of social media and marketing, on April 14, 2009, I attended Hubspot’s largest Webinar ever, which was called “How to Use Social Media to Attract More Customers.” Brent Leary, co-founder and partner of CRM Essentials, led this awesome presentation. I hope to discuss the lessons I learned at this Webinar in a future blog entry.

I just can’t help pointing out that the Fortune article had several obvious spelling and grammar mistakes. I pointed out mistakes in the Wall Street Journal and New York Times, so I think it’s fair to do the same in Fortune magazine.

- Most of that came directly from banner ads, and a substantial chunk was still coming from a deal with Microsoft in which the Internet behemoth sold traditional banner ads, which cost as little as $0.15 cents per one thousand ads shown to users.
This is a common mistake. $0.15 cents is equal to $.0015. When people say this they usually mean $0.15 or 15 cents, not both.

- In 2008, the company brought in an estimated $280 milion.
In Spanish, this would be the correct spelling of “million,” but not in English.

- More than 131,000 users became a fan of the national pizza franchise saw traffic to its site jump 253%.
This is a clear case of rewriting a sentence and forgetting to make it fit together properly.

I have another really cool thing to share from this article, but I’ll save that for another blog entry. Be sure to check the eHarbor Blog to stay posted on good news in the world of ecommerce, search engine optimization and other topics like these. You can also follow us on Twitter.

You can take advantage of SEO tactics and succeed in the world of ecommerce with the help of eHarbor and its affiliates, which include Magellan Commerce, Real Estate Promoter and Submit Solution.

The photo of the “facebook” is from Flickr, and it is the copyright of _Max-B.

Step 1 to topping Google: Make content king

Friday, February 13th, 2009

By Robert Lockard

Content is king. If you don’t have great content on your website, you’ll probably never have much success attracting Web traffic.

In my last blog entry, I talked about the importance of using search engine optimization in your ecommerce strategies. But how exactly do you do search engine optimization? That’s the $64,000 question. This is the first of a series of steps you can take to get on the right track to the top of search engines, like Google, Yahoo and MSN. Some of these are fairly common-sense, but others might require a little more in-depth knowledge of Web design. Experts in eHarbor’s divisions, Magellan Commerce, Submit Solution, Real Estate Promoter and Direct Home Find, are a great resource for figuring out all of the complex details of SEO.

Lion overlooking his kingdom

The first, and most important, step to achieving SEO is to create content that is relevant and interesting to your customers. Writing content that grabs the right people’s attention and gives them something of value is the best thing you can do to get them to your site. Otherwise, people won’t see any reason to come back to your site, even if it pops up first on search engines.

Having a great-looking website with good organization is important, but filling that site with excellent content is where the most essential work lies. You must research who your targeted audience is and what their main concerns and questions are. Then create content on those topics to answer their questions so they will see you as an authority on the subject. Another benefit of having great content is that it will get the attention of other
bloggers/webmasters, persuading them to link to your site. This is the best offsite way to achieve SEO. It can’t be just any content, though; it has to be high-quality content, if you want to gain respect and business.

Good grammar and spelling are also a big part of creating good Web content. If your text is littered with glaring spelling errors, you won’t look like an expert, no matter how good your research or information is. For example, check out this article from the New York Times entitled “Economy Shed 598,000 in January.” I noticed several problems with the grammar and punctuation of this article, causing me to question how much I can trust the information in it. Here are some of the problems:

- In the third and tenth paragraphs, “Over all” is used when “Overall” would be the correct term.

- In the ninth paragraph, we find this: “average weekly earnings climbed $614.72, up $1.67.” I believe the author meant to say “average weekly earnings climbed to $614.72, up $1.67.” Otherwise, that would be an incredible jump of both $614.72 and $1.67.

- In the twelfth paragraph, they forgot to put an a in “the new report offered no hint that bottom was in sight.” I checked back a little after the article was published and I noticed they had fixed this error, so that’s a good sign.

- The author forgot to put a period at the end of the last sentence of the eighteenth paragraph.

These are all fairly minor errors, but they show that even the work of the New York Times, which has the benefit of being edited by some of the top editors in the business, can still have mistakes. It appears that they corrected almost all of these mistakes in their updated version, so it’s nice to see they take care of quality after the fact. The point is that you should not only do your homework and add relevant content to your website regularly, but you should also make sure that what you put on your site meets the quality standards your readership expects.

As I mentioned at the beginning, this is just the first part of this series. We’ll cover several other ways to achieve SEO in upcoming blog entries. Be sure to come back to the eHarbor Blog often for updates. I am indebted to Google’s SEO Starter Guide for much of the information in this blog entry. The photo of the lion is from Flickr and it is the copyright of law_keven.