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December 12, 2007

2008 to be year of the 'personalized social network' says John Jantsch

Jjantschcloselow My friend John Jantsch, of Duct Tape Marketing fame, says "I don’t really think that the mySpaces and Facebooks of the world are that important for the typical small business as they stand today."

However, he does suggest they make good sandboxes to learn the skills needed to implement for business use later on.  It's "not what you can get out of them for gain today, but what you can learn by using them for practical gain tomorrow," says John.

He predicts that we'll see a post-bubble movement to what he refers to as "personalized business networks." Small businesses will be creating niche-targeted social networks of their own.

I agree that such a movement will take place, though I question how successful many of these can be. (And, John, I'd love to hear your thoughts on the matter.) It takes a significant user-base to gain enough traction to make a social network viable and too small a number would limit its potential, or so it would seem.

I mean, think about it. Let's say, for example, that you visit the forums/discussion boards section of a small business socnet. If there is very little activity, what are you likely to think? There's not much going on and it's probably not worth your time to hang around, right?

It's the same with blogs. You visit a blog that has little if any comments (like, uh, this one) and you question whether the blogger has anything of significance to say. It just stands to reason.

Don't get me wrong. I'm pro small business all the way and would love to see them be successful in using conversational media as a marketing tool. (I've long held the belief that small businesses are the ones who can make the best use of blogs for marketing purposes.)

I'm optimistic this strategy will prove itself over time. I suspect that it will be a matter of trial-and-error, much as was the case with business blogs.  One thing's for sure, I and many others will be looking to John to not only champion this movement, but shepherd it as well.

PS: See his article Social Networking with Training Wheels featured in the latest edition of John's newsletter.

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Comments

Paul,
"I don’t really think that the mySpaces and Facebooks of the world are that important for the typical small business as they stand today."

MySpace for business: highly unlikely.

Facebook: John couldn't be more wrong.
Does he not see the value of small businesses making personal connections? All business is done by individuals that are people. Facebook allows a personal connection unlike anything we have ever seen before. It fundamentally changes the way in which people communicate.

It is like saying that listening or connecting with your clients and prospects on a personal level is not important. John would say the exact opposite.

The path for businesses and brands on facebook is not yet clear to many people/businesses. It is crystal clear to me.

Cheers!

Rodney Rumford
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