Blurring Social Networking lines

ET had a story sometime back on how sites like Facebook, LinkedIn etc are helping SMEs and entrepreneurs gain business. It adds on to my belief that when the target is niche market segments, the net is the best medium to try out.The more encouraging part for me is that since these media are working for them, they even plan You Tube ads. So, they grow the medium, and the medium grows them!!

Yes, social networking is not exactly the most known thing in the world, as this article would argue, but as far as online behaviour goes, the Indian stats are a bit encouraging on some parameters. And, with efforts like these, our internet penetration figures might start looking up sonner rather than later.

So what have the social networks been upto? Lets start with business networking, where I’ve been reading about a lot of new launches. A new business network called ZaaBiz has been launched in India. More details on its activities can be found here.

Konnects hopes to bridge the gap between Facebook and LinkedIn. According to them, Facebook has not been designed for business purposes, while LinkedIn is too restrictive. So, Konnects has come out with a few features, that will even enable even fresh graduates, who don’t have many years of work experience or projects to show, to share the projects they’re working on. Konnects, based on your profile, will reccomend groups and discussions that you should be part of, and plans to introduce IM and VoIP integration in the future. (via Mashable) I think all these together make it a very differentiated value proposition.

The third interesting new site I came across is Publictivity. It aims to use social networking to boost productivity, by allowing users (in organisatons)to create work groups, and share information, files and it even has a video viewing mechanism. What I loved the site for, and it has nothing to do with the service, is that they have used Dunder Mifflin (of The Office fame) and an option to chat with Dwight!! Awesome example!!

The last one I came across is 2Vouch, an Australian social recruiting website which offers referral rewards, with an option to donate to charity also. Companies don’t have to pay to advertise, they only need to pay if they hire a candidate. (via Mashable) The concept is interesting but I wonder about possible loopholes. Is it, for example, possible for a company to get the contact details of a candidate and then route it through other means?

So, what has LinkedIn been upto meanwhile? For one, it’s been adding small features, like highlighting the sections of a profile that have changed, since you last saw it. (via Digital Inspiration) It has added enhanced group features, that includes a centralised group hub page. (via Tech Crunch). It has also tied up with CNBC to air content generated by its users on CNBC. (via PluggdIn) I share the view that most of these are quite basic features, and LinkedIn not only needs to be adding such things much faster, but introducing innovations too.

This is of more significance, when we consider that the competition is not only new business networking sites, which are coming out with some neat innovations and targeting specific requirements, its also generic social networking sites like Facebook, if we go by certain studies, which raises the possibility of  business networking on Facebook superceding that on LinkedIn.

Speaking of social networks, the interesting part is that inspite of the demise of entities like Yahoo Mash, new social networks still seem to be popping up. I read a post on Fwix, which, in addition to a great GUI, also shows the user, the most trendy information going on in his locality, by aggegating about 500000 stories per day. It also allows add on services, the list includes YouTube, MeetUp, Eventful Delicious, Twitter, Flickr and just about any you can think up. BBC has also launched its radio social networking site Radio PoP. And the omnipresent Google, in addition to its own social network Orkut, has opened up another front by adding a twitter-like ‘following feature’ to its blogging service – Blogger, so that users can now become ‘fans’ of other blogs. They have integrated it with Google Reader, and also plan to integrate Google Friend Connect into this, which brings it closer to creating blog based communities. (via The Inquisitr)

There are new tools that are emerging in the social media space. How Sociable, which allows you to track your brand in the social media space; Lotame, an online advertising agency that is looking at changing the way advertising happens in social media,  Edopter, a way to discover and share trends in fashion, lifestyle, music and so on. New models are on the horizon, like contextual search in social media. The tools are there, its now for individuals and brands to make sure that they are used to their full potential. Like this article correctly states, business can no longer afford to ignore social media, and what GM has done – launching an anti-misinformation site, is perhaps a great start.

until next time, socialise