Tag: Ibibo

  • Social Deluge

    The last time I’d written about Bebo was a year back, in the context of AOL buying it, and a tongue-in-cheek suggestion of getting Kareena Kapoor (whose nickname is Bebo) to be the brand ambassador when they launch in india. Recently,Medianama reported that they were launching this month.  According to ContentSutra, they will be talking to content producers in India to further their strategy of ‘conversations around media content’. The Social Inbox also sounded interesting – “a utility that combines Yahoo Mail, Gmail, AOL Mail and Twitter feeds, and also helps users discover content they’re interested in”. I can’t help but remember Rediff’s attempts at Orkut and Facebook integration.

    AOL recently said that it was confident about Bebo doing well in the long run, and was for now, concentrating on getting users, more than revenue. In an interview with Paid Content, Joanna Shields, President, AOL People Networks, talked about the AIM client based strategy that gives it a wider reach than say, a Facebook. By aggregating feeds from various networks onto AIM, AOL allows people to be connected with friends’ activities in   sites like Flickr, Twitter etc, even without them being on it. Bebo has been busy with quite a few things recently – Lifestream – a basic Friendfeed like aggregator; Social Discovery Engine – which leverages profile data  to recommend related music, videos and people; Lifestory – puts uploaded photos, events, and (soon) videos into a scrollable, chronological series of postage stamp icons at the top of members’ profile pages. In the long run, Bebo is also planning to allow its users to subscribe to updates from other users, brands, bands, and celebrities, whose updates will then appear in their LifeStory timelines. (via TechCrunch) This could provide revenue opportunities.

    In the US, AOL has migrated all its AIM user profiles to Bebo, thereby doubling Bebo’s presence in the US, thanks to AIM’s massive popularity. The Lifestream is now one gigantic feed that will have updates from you and all your friends on Flickr, Twitter and Delicious, Facebook, MySpace and YouTube, and the moment you link a service to Bebo, it keeps track of  your new friends there too. And with Social Inbox, the lifestream updates, AIM updates and emails can all land up there.

    Now, how good are bebo’s chances in India? The last Comscore report on social networking in India shows that Orkut is far ahead of Facebook, which has BharatStudent, hi5 and Ibibo following it relatively closely. I’m a bit familiar with Ibibo, thanks to their properties that are heavily publicised on TV, but since I’ve never been the target audience of any of those properties, I have never tried out the site. I don’t know about their revenues, but I am not sure if building properties which are quite tactical in nature is a good way to build long term equity for the site. During the tenure of the property, there will be heightened interest and traffic surges, but sustainability is a big question. I also read recently that Bixee, owned by Ibibo has ventured into several verticals – finance, shopping and auto. I’m really not sure where this is heading especially with web 18’s presence in these spaces and several other independent entities who are strong in these verticals. The way Ibibo’s traffic is declining (-50%) I think they need to relook.

    There’s definitely a space for another social network, even in what some would call a  cluttered space, provided it differentiates from the existing ones, and gives the user a reason to try it out. I’m really not sure how random invites like the ones from hi5 work. They don’t, for me. While the AIM strategy for Bebo works well for the US market, I don’t think it can work that well in India, (inspite of the GMail connection) though it will give Bebo a start, along with the existing AOL users.

    From a product standpoint, the lifestream goes where Facebook still really hasn’t (despite having copied commenting on status messages and the ‘Like’ feature from Friendfeed, and the real time stream from Twitter) – updating friends’ activities on other services in your lifestream. Will that be too much of a deluge for users, we”ll have to see., the Facebook redesign response will give a clue. It also remains to be seen whether Facebook will tear down the ‘walled garden’ and integrate these services quickly, or will only pursue the internal activities+ Facebook Connect way of adding activity feeds. If it does not, the more social version of Friendfeed could prove an irritant for Facebook. The difference maker, however, could be the content tie-ups (Medianama reports this to be the start) and what Bebo will do to ensure that conversations happen around it.

    until next time, a new socialite 🙂

  • Talking Shop

    My post last week– on the topic of communities that individuals will initiate or will be part of, also made me think of organisations and brands, and what communities they would start/be part of. To begin with, perhaps there would have to be forks in the road, which hopefully would merge again at some point of time. Paths to accommodate employees, potential employees, consumers, suppliers and so on.

    If word of mouth is the primary marketing tool, it is important to get the organisation in order, and employees to believe in themselves and the place they work in, before transparency can be taken to the outside world. According to this RWW article, based on an Accenture report,  a large number of millenials (those born between 1977-97) expect their companies to accommodate their IT preferences, and if they don’t, they turn rogue and use technology that is unsupported and unsanctioned by their corporate IT departments. Social networks are great examples, according to the study, 59% use them inspite of their IT!!

    I’d written on this subject earlier, highlighting a few tools, that could help bring transparency to the employee and potential employee facing part. Recently, I came across a few more things that would help in these efforts. SocialCast (via Startup Meme), which provides ‘simple, smart messaging for team communication’. Meetsee, “Your personal virtual office ..filled with rich ways to communicate, share content, collaborate on documents, and build rapport between remote co-workers”. I also read that LinkedIn has made portions of company profiles public. As of now, they have 160000 profiles. I quite liked the career path feature under ‘Related Companies’. (eg.Take a look at Amazon’s profile.) What I’d like to see is companies taking this as an opportunity to converse more than a one way communication. LinkedIn can actually make a premium service out of this. Companies could also start off with using some existing apps on LinkedIn like Company Buzz, presentation apps, Huddle and Polls, each of which could add dimensions to their LinkedIn presence.

    On another front, brands are still grappling on how to utilise social media to reach out to their consumers. The question of where to have these conversations also still hangs. Both would obviously depend on the intent. Unfortunately, a lot of brands are seeing social media as just another broadcasting platform – a mentality of  ‘ah, the herd is on twitter, lets push the communication there’. Judging from the way the crowd responds to say (the most recent example) Ibibo, #FAIL.

    Like I said, it boils down to intent – making better products, addressing customer issues, using customers for R&D and so on. Chris Brogan has a wonderful post on what he calls ‘cafe shaped conversations‘. It made me consider the perspective that its perhaps not meant for every brand/organisation. That while there are advantages, for these advantages to achieve a scale that makes it worthwhile, might take quite some time for some organisations, because they aren’t built that way (?)

    But its also true that consumers don’t wait for the brand/company to start the conversation. And they like to band together. The communities at Facebook and Ning are great examples. I also came across a new site – Brand Adda, a community that revolves around brands, products and services. I first thought a 2.0 version of something like MouthShut but there new features added, which also allows for interaction initiated by the brand. Explained well in their FAQ. Perhaps they’re closer to GetSatisfaction. From a brand perspective, the conversation tools might be easier to handle than say, a SocialToo, which allows polls on Twitter. I’d like to see how this develops, since there’s definitely potential.

    The tools, irrespective of which stakeholder they address, are becoming increasingly significant. According to a recent study by Forrester, the % of people who trust the company blog as a new source is at a low 16%, right at the bottom of the table. This, I agree, is not a reflection on the concept of blogging, but more on the intent of companies which in turn, is translated into the content they post on the blog. And the path – blogs, twitter, LinkedIn etc are quite inconsequential if the intent is not sorted out first.

    until next time, connecting people…and companies..

    PS. A good resource on social media. Go on, there are free e-books.