Archive for August, 2008

The Future of Social Media Sites

Sunday, August 31st, 2008

The current proliferation of social media sites is the most pervasive phenomenon on the Internet today. Not since the dot.com explosion has the there been an Internet trend that is so widespread in its popularity. The comparison with the dot.com growth is in fact one that is made by many industry observers, and while there are a number of clear similarities, there are also some important differences.

It is expected that by early 2009, all the various social media sites will have more than 1 billion members. That number is predicted to grow until 2010, with a leveling off on the number of new members expected by 2012.

The combined revenue from these sites, which in 2007 reached almost $970 million, is estimated to balloon to a whopping $2.4 billion by 2012.

Membership growth in social media sites varies greatly from region to region. The Asia Pacific region accounts for the lion’s share of users, with 35% of the total users expected by the end of 2007. EMEA accounts for about 28% of all users, North America follows closely with 25% percent, and the Caribbean and Latin America trails behind with 12% of all users.

With the inevitable crowding of the social media site industry, many observers feel that consolidation of the market is a sure thing. This has given rise to some predications that the smaller individual social media sites will be swallowed up by the bigger players in the field. Some experts feel however that this is not necessarily the case. In particular, social media sites with a focus on special interests are expected to survive the trend towards consolidation.

The extensive hype and excitement currently surrounding social media sites is perhaps what inspires the comparison to the dot com boom, but in the midst of all the buzz, there is a certain degree of trepidation felt by many as well. While many investors are naturally excited about the potential of social media sites, the fact that these types of web sites have not been proven for the long term is causing some hesitation.

The promise of riding on the wave of the next big Internet phenomenon is a tempting prospect, but it is tempered by the uncertainty of social media sites as a long term sustainable industry. The most cautious industry observers have even gone so far as to suggest that most social media sites would do well to hold off on an IPO for the time being.

The founder and chief executive of Facebook, Mark Zuckerberg, has officially stated that his despite his company’s spectacular growth, Facebook is still many years away from flotation.

While there is no doubt that social media sites are a genuinely groundbreaking innovation that is changing the way we communicate in many significant ways, past experience with similar Internet phenomena shows that the hyper charged atmosphere of excitement cannot last indefinitely. The industry is currently characterized by easy capital, plenty of media attention and widespread user curiosity-all of which directly boosts creativity-but all that will come to an end eventually.

This does not mean that there is no future for social media sites. On the contrary, the future is just as bright as ever and at this relatively early stage of the game, it is hard to predict just how huge the whole industry can get. What companies and investors should do however is to adapt their approach to be prepared for the changes that will inevitably come in the future.

In a report published in 2007, Ri Pierce of Grove Technology and an analyst at U.K.-based Datamonitor has detailed a few suggestions that will help companies deal with the changes. Many of these suggestions revolve around understanding market strategies and various technological developments.

One of the most important things that companies can do to roll with the punches is formulate a two pronged approach to deal with the hothouse atmosphere that the industry is currently experiencing as well as the eventual cooling off that is sure to follow. This strategy will involve companies becoming more heavily involved in establishing and maintaining the infrastructure that is needed to run these types of web sites. They would also do well to find effective means by which to support social-networking services, especially in the aspects of scalability and availability.

As for the social media sites themselves, the most effective means of ensuring continued popularity is through social media optimization. There are a number of ways commonly used to do this but five rules have been particularly effective in attaining this goal. Formulated by Rohit Bhargava, these rules are: Increasing the linkability of your social media site, making the tagging and bookmarking process easy for your audience, rewarding inbound links, helping your content travel, and finally encouraging mashups, which are web applications that combine data from more than one source into a single integrated tool.

Web Site Link Building Techniques (Volume 2)

Sunday, August 31st, 2008

A website thrives and indeed survives on the number of hits it receives from its target audience. This may sound pretty obvious but it is amazing how many new web sites seem to disregard this basic tenet, more often than not to their own detriment.

While the creation and subsequent presence of effective links within your website is a crucial factor in ensuring that your website is well optimized for search engines, it is still only one factor and you should take the time to explore other means by which you can achieve a successful search engine optimization (SEO) campaign.

This article will be focusing primarily on Link development but you would do well to be aware of the other factors of successful SEO such as the Text component, which involves the use of various words and phrases that your target audience will most likely types into search queries and the Popularity component which has to do with the number and quality of links pointing to a Web site.

One of the most important things to keep in mind and one that eludes most first-time web developers is that high-quality link development takes a considerable amount of time. There is simply no way to get around this fact and many web developers who resort to the use of spidering software as opposed to actual human efforts are bound to experience less than satisfactory results.

Link farms have as of recent times already garnered an unsavory reputation but for those who are new at this it bears repeating that you should avoid these at all costs. In almost all cases, a text link that you purchase from a link farm will have absolutely no value and therefore have no use for you. Be wary of sites that feature several links that obviously have nothing to do with each other and are irrelevant to that particular site’s theme and general content. This is not a hard and fast rule however, as there are many reputable sites that host a large number of links. Take your time to determine which ones can actually be of value to you.

Relevance is of course of primary importance and to this end you should make sure that any links that you host on your site are relevant to your content and general theme. You can help ensure this by targeting most of your link purchases to sites that have the same subject matter as yours. This will result in a better link profile that will eventually translate into more publicity for your site and higher visibility in search engine results.

One of the easiest considerations to miss when you are in the midst of a link buying frenzy is whether the domain name that you are buying the link from is actually still operational. Many domains that are in fact expired still show up in Google so you may unwittingly fall for one of them. Check the status of the domains in question yourself and if they are expired it may be best to avoid them and save yourself the money; they probably will not be of any use to you.

Probably? Yes, because in some cases, even if the domain has expired it could still be of some use to you if it has good backlinks. Whether a site is good or not is largely dependent on the quality as well as quantity of its backlinks. Both active and expired domains can have a favorable backlink profile so do not automatically discount a domain just because it has expired.

You should of course always check your links for page ranking and make sure it is the current page ranking and not a fake one. http://www.digpagerank.com/ is a good site to check your current page ranking.

One of the most important factors that can affect the quality of a backlink is the number of outbound links. Generally speaking, a good quality backlink will have as few outbound links as possible. The total number of outbound links on a page will also have an impact on the value of a particular page.

You should also consider the possibility of buying links as a means of increasing traffic to your site as opposed to buying links for the purpose of increasing page ranking. This could potentially provide more direct benefits and even profits for you.

Some other things to keep in mind: contextual links are supposedly seen by Google as being more natural and therefore will prioritize these over other links. .gov or .edu links are not treated as special in any way by Google so consider carefully the benefits of hosting such links. Look for a site that has similar keywords to yours for a better ranking in Google search engine results page. Finally, it would be best to avoid purchasing a site wide text link if all the other outbound links on that site have nothing to do with the site in question.