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Pew Survey indicates that blogging has lost its lustre, but do you agree?
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| Guest post by: Jon Hansen |
Article Overview: Earlier this week I received an e-mail from a fellow host on the Blog Talk Radio Network in which the link to a February 21st article in the Music Industry News Network titled "Social Media and Young Adults" was included. The article made reference to “Two Pew Internet Project surveys,” that revealed a noticeable “decline in blogging among teens and young adults,” and a “modest rise among adults 30 and older.” My associate thought that I would find this interesting in that besides posting between 2 to 4 articles on 4 (and soon to be 6) blogs each week, she was interested in getting my take on these findings as I have been a strong proponent of the important synergy between maintaining a blog in conjunction with one’s BTR show.
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Pew Survey indicates that blogging has lost its lustre, but do you agree?
Earlier this week I received an e-mail from a fellow host on the Blog Talk Radio Network in which the link to a February 21st article in the Music Industry News Network titled "Social Media and Young Adults" was included.
The article made reference to “Two Pew Internet Project surveys,”
that revealed a noticeable “decline in blogging among teens and young
adults,” and a “modest rise among adults 30 and older.”
My associate thought that I would find this interesting in that
besides posting between 2 to 4 articles on 4 (and soon to be 6) blogs
each week, she was interested in getting my take on these findings as I
have been a strong proponent of the important synergy between
maintaining a blog in conjunction with one’s BTR show.
The article reported “We often look to younger generations to see
where technology use might be headed in the future.” This being the
case, and as suggested by the article, does the significant decline in
bloggers between the 12-17 and 18-29 age groups mean that blogging has
in fact “lost its luster for many young users?”
I am of course pleased to share with you my response to my BTR
compatriot, because it provides an important perspective on why single
site blogs (which are confined to the familiar, and relatively narrow
communities upon which their readership was originally based), are
likely losing touch with the dynamic market changes that are taking
place as a result of the emergence of both social media and social
networking.
Here is the response, after which I will expand further on the concept of a “collective social media network.”
Great article Val, and one with which I was familiar – at least
from the study results. That is why a collective “social media network”
which includes blogs, Internet Radio and Internet TV is so important.
Just to give you an idea, I launched the PI Window on Business
Blog in June 2009 as a support adjunct to the PI Window on Business
Show on Blog Talk Radio.
In the month of June I had 217 visitors for the whole month. In
December 2009, the number grew to more than 6,100 visitors and, in
January 2010 almost broke the 10,000 mark.
If I was simply blogging without the PI Window on Business Show,
I doubt that the the blog would have gained any real traffic.
Conversely, as part of a social media network strategy it fills the
information/presence gap during the period in which I am not
broadcasting live.
With the new TV channels, there will be a third venue that will
collectively meet the market where they are in terms of a
conversational presence. Whats the saying about the sum being greater
than its parts?
Of course the above response reflects the new reality of a changing
world where we are no longer limited or perhaps confined to familiar
communities of convenience in terms of accessing the kind of
information that is meaningful to us.
In an excerpt from the fifth chapter of my newest book “The
Unsociable Business of Social Networks And Why The So Act Social
Network Will Change The World,” I make reference to the importance of
these expanded communities of purpose in the context of hives and
cross-pollination.
Chapter 5 – The Company You Keep . . .
” A man is known by the company he keeps.“
Aesop’s Moral
A famous Aesop’s fable “The Donkey and His Purchaser” relates the belief that one is known by the company they keep.
According to the fable, “A man wished to purchase a Donkey, and
decided to give the animal a test before buying him. He took the Donkey
home and put him in the field with his other Donkeys.
The new Donkey strayed from the others to join the one that was the laziest and the biggest eater of them all.
Seeing this, the man led him back to his owner. When the owner
asked how he could have tested the Donkey in such a short time, the man
answered, I didn’t even need to see how he worked. I knew he would be
just like the one he chose to be his friend.”
The above fable is quite interesting in that it speaks to
several factors that determine the sustainable interaction and
subsequent growth in relevancy of any social network. Specifically, is
there enough pertinent and productive activity to warrant the
investment of a person’s time in the network?
This is not a trivial question in that like the individual who
was interested in purchasing the donkey, we too “test” the social
networks to which we belong to determine if we are going to be an
active member or a absent profile.
Like the fable, we are also inclined to make said decisions with
regard to personal relevancy very quickly. For example, and referencing
Nielson.com stats for February 2009, Twitter was ranked as the fastest
growing site in member communities with a growth rate of 1382% followed
by Zimbio at 240% and Facebook at 228%. Yet despite this meteoric
growth, according to an April 28th, 2009 article by Mashable`s Pete
Cashmore, 60% of Twitter users “quit within the first month!”
Compared with both Facebook and MySpace continued Cashmore,
whose retention rate in their early start-up days was twice that of
Twitter’s, one cannot help but wonder about the long-term impact of a
social media world in which increasing fragmentation through the
emergence of new network platforms promises to further splinter the
market.
A trend influencer that is likely to become even more
disconcerting to Twitter based on the September 25th article in
Mashable by Ben Parr that asks the question “Has Twitter’s Growth
Peaked?”
The basis for the Parr question is tied to recent statistics
which indicate that “Twitter has hit a growth ceiling.” This position
is reflected in the fact that data shows a definite decline in areas
such as market share of US visits to Twitter, as well as US-based
search volume.
There are of course other factors that need to be considered
beyond the issue of retention, including the impact of what I refer to
as the hive and cross-pollination effect.
The hive/cross pollination concept or theory is based on the
observation that individuals will likely choose at most one or two
primary networks as their preferred platforms. That is, they will spend
the majority of their social networking time interacting within these
main “hives.”
While they may venture out into the vast social media world
visiting countless other networks, similar to the honey bee these
forays are ultimately geared towards gathering information and insights
to bring back to the hive to share with their established community of
contacts. This of course is the cross-pollination aspect of the hive
effect.
Simply put while static, single sites (re blogs, websites etc.),
that limit their cross-pollination activities to providing somewhat
passive links to other similarly myopic single site blogs or websites,
may have enjoyed the “nesting tendency” to which I had referred, market
dynamics change. Today’s 18 – 29 year old age group are tomorrow’s 30
something and older professionals. The time to engage them, in essence
to meet them where they are is not at that future date (because it will
be too late), but today.
Now I do not want you to think that I am eschewing the members of
today’s current market. In fact quite to the contrary and as the
following data will confirm, many of the business professionals of my
generation are keenly aware of the fact that the cross-pollination
effect is also generational. Reference recent studies which indicate
that unlike any other period in modern history, it is not uncommon for
companies to have up to four different generations employed within
their workforce at the same time, and you will get an idea as to the
increasing importance of this interaction between all age groups.
Nor can we discount the recent economic climate, and the fact that
long term unemployment numbers (which are at their worst level since
the late forties) have forced many to start their own home-based
businesses. Given that an aptitude in social networking and social
media is as essential to business success as are the PC, telephone and
business card, expanding one’s conversational reach through a
collective social media network that includes blogs, Internet Radio and
Internet Television ensures that you maintain expanding relevance that
includes the broad demographics of shared or mutual interest
communities.
I will use the very Alexa statistics regarding web traffic that most
bloggers still rely on as a means of validating their reach.
This blog (Procurement Insights) first published in May 2007.
According to Alexa the site’s overall rank is 1,065,882, with a U.S.
ranking of 252,419. The average reader demographic is in the 18-24 age
range, with a graduate school degree.
The PI Window on Business blog first began publishing in May 2009.
According to Alexa its overall rank is 1,014,248 with a U.S. ranking of
627,904. The average reader demographic is a college educated, 45 – 55
year old.
Now let’s look at two blogs serving the same industry sector as
Procurement Insights, Spend Matters and the E-Sourcing Forum. Spend
Matters, which is a fine blog that is generally well-researched and
written is a dedicated blog, while the E-Sourcing Forum is an extension
or and adjunct to a core business – in this case software vendor Iasta.
Referencing the Alexa numbers, Spend Matters which first began
publishing in November 2004 has an overall Alexa rank of 205,443, and a
U.S. ranking of 58,744. The demographic for the Spend Matters blog is
the same as Procurement Insights, that being the 18-24 age group with a
graduate degree. Keep this reference to demographics in mind, as I will
revisit it shortly.
Alexa did not provide the date when the E-Sourcing Forum first began
publication however, the blog’s overall rank is 1,858,734. There are no
numbers provided relative to a U.S. rank, however the age demographics
fall into the 25 to 34 range.
As a means of creating a point of reference for the above numbers,
let’s look at the Alexa rankings as it relates to the Internet as a
whole.
Facebook, which the Pew Internet Surveys cited as being the “social
network of choice” among adults 18 and older with 73 percent of adult
profile owners using the network, is ranked second in both the overall
as well as U.S. categories.
Blog Talk Radio, the network on which the PI Window on Business is a
featured show has an overall Alexa rank of 3,827 and a U.S. ranking of
908.
The LinkedIn social network, where PI Social Media manages a number of groups, has an overall rank of 35 and a U.S. rank of 17.
Finally and to provide a bit of a global perspective Ecademy, which
is the senior citizen of social networks having launched in the late
nineties, has an overall Alexa ranking of 5,864, and a U.S. rank of
8,919.
Now if we were to stop at this point and base our expectation of
reach on simply the rankings alone, one might conclude that order of
ranking, particularly in the purchasing and supply chain world, is a
reflection of overall reach. But here’s the thing . . . where you are
today is in actuality a reflection of what you did yesterday. In short,
and drawing an analogy based on a PowerPoint slide from a famous Colin
Powell speech, today’s experts may have reached (and passed) their peak.
Let’s look at another interesting Alexa statistic.
While having an overall ranking of 1,014,248 in terms of site
traffic, according to Alexa’s “Percent of global Internet users” who
visit the Procurement Insights blog, for the most recent 3-month period
said traffic has increased 50%. In the last 30 days, traffic has
increased 1,100%.
Let’s compare that to the growth rate for the top quality Spend
Matters blog. During the same 3-month period, the traffic increase was
15%, while in the past 30 days the increase was 4%. (Note:
considering that the Spend Matters and Procurement Insights blogs share
the same demographics, which has had the greatest growth and likely the
greatest reach during this past 3-month period?)
During this same period, the E-Sourcing Forum had a traffic increase
of 5% for the most recent 3-month period, and a 70% decline in traffic
over the last 30-day period. (Note: another point to consider
beyond Procurement Insights reaching an expanded and likely new
community of readers, is that Spend Matters had only a 4% growth in the
past 30 days, while the E-Sourcing Forum lost 70% in terms of traffic.
Other blogs such as Sourcing Innovation and Supply Chain Matters were
also down by 40% in the same 30 day time frame.)
Once again referring to the cross-pollination factor, especially as
it relates to the “collective social media network” concept, the PI
Window on Business Blog, which it is important to note was just
launched this past June (9 months ago), has already achieved what the
Procurement Insights Blog took close to 3 years to do in terms of the
overall Alexa ranking. Think about that for moment, only 9 months.
In the previous 3 month period the blog’s percentage increase in
traffic was 420%. While the pace for the last 30 days has slowed down
considerably by comparison to only 20%, it still presents a pretty
solid track record.
As a means of creating a broader industry perspective relative to
what these growth numbers actually mean, Facebook experienced an
increase in traffic of 19.76% over the same 3-month period, and a 3.32%
increase in the last 30-day period. Blog Talk Radio had a 11% and 6%
traffic increase respectively, while LinkedIn saw their traffic
increase 55.3% and 14.5% during the period. Ecademy had a 25% increase
in traffic for the 3-month period, and a 9% decrease in the most recent
30-day period.
Here is the point, the PI Window on Business and Procurement
Insights Blogs, along with the PI Window on Business Show represent the
core franchises in the PI Social Media Network (which now includes the
PI Inquisitive Eye and TV2 Young Entrepreneurs Internet Television
franchises and corresponding blogs).
Based on the cross-pollination factor within the collective social
media model, the three year old Procurement Insights Blog is in the
midst of an amazing growth spurt in terms of reach as a direct result
of the reach of the PI Window on Business Blog and Show. The benefits
are of course reciprocal in that the PI Window on Business Blog would
not have experienced the accelerated growth it has had to date without
the tie-in to the PI Window on Business Show.
There is of course a great deal more to this than merely traffic
numbers, such as the quality of content, the publishing of books, the
participation in social networking sites and co-operative placements
such as when the On-Demand Player for the PI Window on Business Show is
posted on a guest’s web site.
This is why I do not put stock in the Alexa numbers alone in terms
of verifying reach because at the end of the day to be truly effective
and engaging, you have to meet and serve people at their
points of comfort and familiarity. Driving traffic to a single site
doesn’t accomplish this because ultimately you hit a peak in which you
end up creating a community of comfort and familiarity for yourself and
not one of purpose or progressive change for others.
Tying this back into the article on the Pew Survey results, if in
fact we do “look to younger generations to see where technology use
might be headed in the future,” putting all our eggs in the proverbial
one basket (re blogs) while ignoring the emergence of the other social
media and social networking venues means that some of the best insights
may very well be lost as the eyes and ears of the market will be
looking elsewhere.
We merely have to see what is happening in the newspaper industry to
realize that sustainable relevance is not a given. With venerable
dailies such as the New York Times and Washington Post struggling
against mounting losses, despite their foray into the realms of
electronic publishing, this is a message that needs to be heard.
Especially taking into account media industry veteran J. William Grimes
predictions that all daily newspapers will be gone within 5 years.
It is my sincere hope that today’s blogs do not end up being a
footnote in the annals of social media simply because bloggers limited
their reach to the venues with which they were most comfortable.
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