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Showing posts with label social network. Show all posts
Showing posts with label social network. Show all posts
Tuesday, October 07, 2014

Ello Ello; Social Media Game Changer?

It's quite an achievement to be just 8 weeks old and people are championing you as the one to break the Facebook social media monopoly. That's whats happening to new social network 'Ello' though, with the link between the two also stemming from Ello's perceived dislike of Facebook. If you disagree with the Ello manifesto on their website you are then forwarded to Facebook's privacy page (a nice touch!). Their founder, Paul Budnitz, describes Facebook as "an advertising platform not a social network". The Irony is that you were probably made aware of Ello through Facebook. And to find you're friends on Ello, you'll probably have to write a status on Facebook asking them if they're on it!

However, we can't help but think of Diaspora, the once hyped social network. Everyone likes an underdog, but sustaining that takes something really revolutionary. It's early days and therefore it could go two ways, but the fact its exclusive and getting a lot of coverage means it has people's attention, and as a result it hit 50,000 new member requests per hour at some points last week. Tech experts have a mixture of positive and negative views on Ello with our favourite being the Verge calling it “a doomed utopia we can’t stop building.”

Paul Budnitz has a bit of a habit of making success stories from unlikely ventures, potentially a reason his Ello concept is being held in high regard. From a luxury bicycle company, Budnitz Bicycles to Kidrobot, a company that creates art toys and high end fashion accessories (Pharrell Williams is said to be a big fan!), Paul is used to scepticism in his ideas. With the social media space already overcrowded, someone like Budnitz might just be able to discover an unlikely niche.

What really sets it apart it how it plans to make money. Replicating the very successful concept of the iPhone/App store, in which users will be able to completely customise their own Ello with a combination of basic (free features) and add-on features. Its firm stance on being 'anti-advertisement' should be what sets it apart from other social networks.
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Sunday, August 24, 2014

Instagram has released a new of new features that could eventually revolutionise advertising on the platform. It's been two years since Facebook splurged $1 billion buying Instagram, and its remained relatively unchanged during that period, but these recent changes definitely echo the 'Insights' pages of its parent company.

These new changes could convince many brands that Instagram is a worthy marketing platform, receiving feedback and data is essential to anything that consumes time and resources. These changes could lead Instagram's change from simple photo sharing app to powerful social network for global brands.

So what's new? 

Account insights allows brands to see how they’re increasing brand awareness on Instagram through impressions, reach, and engagement.

Ad insights shows the performance of paid campaigns with brand analytics (impressions, reach, and frequency) for each individual ad delivered to the target audience.

Ad staging allows advertisers and their creative teams to preview, save, and collaborate on ad creative for upcoming campaigns.

  
Instagram state the reasons for these developments came as a result of brands requesting more info and feedback on their posts, in particular how users engage with them. Prior to this Instagram would send data to brands manually when requested for. The above features let brands monitor the reaction to posts and campaigns, while also suggesting most effective time to post.

Before we get too excited, Instagram's plans to role out the new tools very slowly, with US advertisers receiving them first, after fine-tuning through feedback additional brands will receive them in late 2014.
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