The new Social Media Revolution Video.

Erik Qualman just released a „refresh“ of the socialnomics video published a few months ago. Since the numbers in social media developments are so quickly evolving, this refresh seems about time.

If you just want to see the numbers and stats, you can visit Eriks blogpost here. If you’re from outside the US, chances are that you might not be able to see the youtube-video due to music rights regulations in Europe.

(Note to Erik: Next time also publish a video without the music, which is the only reason for Youtube blocking the video).

Here is the video embedded from vimeo:

Social Media Revolution 2 (Refresh) from Erik Qualman on Vimeo.

A social network for sharing credit card transactions?

Now how is that: you just purchased new shoes from Zappos, books from Amazon or anything else from the mall nearby. Wouldn’t you just love to tell everyone about whatever you bought with your credit card? No? Yes? If so, here is the perfect social network for you: Blippy. Mindsproutmarketing explains the new kid on the block:

In a nutshell, Blippy is a service that lets members automatically share their credit card transactions as they make them. Not only will members see the amount of your purchase, but they’ll also be privy to the place of purchase and items included in the transaction.

I am just not sure, why anyone would want to do this? Nevermind data privacy or simply modesty about one’s purchases. How about data security?

According to a 2009 study conducted by Javelin Strategy and Research, there were 10 million victims of identity theft in 2008 in the United States. Nearly half, or 43 percent, of all identity theft observed was through stolen wallets and physical paperwork, whereas online methods had accounted for only 11 percent. However unsettling these figures are they haven’t stopped the thousands of people who are clammering to become members of Blippy. Founders insist that their state-of-the-art encryption will protect data from being stolen or reused.

So what is it good for?

Instead of gasping at prices or snickering at purchases, members are actually exchanging details about great finds and super bargains. Even more common, is discovering places to shop that are off the beaten path and alerting others to special discounts to be found. Blippy can really be described as something similar to a tweet-feed based on shopping.

Along these same lines, stores could alert shoppers about local deals and make recommendations based on items previously purchased. Marketing firms could review spending habits to understand consumers and deliver targeted products and services that would be more appealing to them.

In the meantime, trend experts predict that Blippy is the next big thing. Giving the world a sneak peek inside your wallet is definitely a way to channel discussion on spending habits and connect with other people with similar interests by way of spend pattern.

Somehow I am not convinced. Consumers in the US might be willing to share their purchase history. It is the nation of credit cards (and credit crisis for that matter), but I can’t see that kind of social network take off, at least not anywhere else. Not everything that can be done, should be done or is a good idea.

From a marketers perspective, it seems to be a fantastic idea. Many companies are very eager to get their hands on information on spending patterns well beyond their own product range. So I assume that the business idea of blippy is very much focused on reselling the data of the social network participants. But this is, of course, just my 2 cents.

Location based apps developments.

Foursquare and Gowalla are continously improving and updating their services. Latest news:

Foursquare is cracking down on cheaters. If your phone’s GPS determines that you’re not close to where you want to check in, you are not rewarded any points or mayorships.

Unfortunately, this doesn’t work with my iPhone, it won’t let me check into my Office, even though I am sitting in it. Looking at Google Maps, though, it seems that my GPS does indeed place me correctly.

This is a good move nevertheless. In the last month during my trip to Thailand I could well check into locations here in Hamburg whenever I wanted, enabling me to keep up the battle for the mayorship of your office here…

Gowalla in the meantime adds realtime feeds and activity streams based on the PubSubHubbub protocoll. This should enbale much more interesting mashup opportunities (since it is apparently faster than the user-specific RSS feeds that Foursquare uses). If this is the case it could yield an important differentiator for Gowalla, which to me seems to desparatly need something to effectively compete with the larger competitor Foursquare.

Off to Thailand

Finally vacation! The first long holiday since September 2008, when I travelled along the west coast of the US. This time I am going to visit Asia – Thailand to be precise. In the same way I kept a travel diary during our trip in 2008, I will again update www.urlaubsnotizen.de (in german) on an almost daily basis, depending on internet availability on all those islands I visit.

Have fun reading!

The secret success of Second Life.

In a blobpost by Leander I was linked to some statistics published by emarketer.com about the growth of Second Life in the last 3 years. It’s amazing to see how their user base has grown round about 30% since their „hype“ in 2007, and time spent within the world increased by ca. 20% during the last year.

In terms of money: the economy of Second Life has also greatly increased. The amount of money changing hands has increased to $567 Million!

That sounds like Second Life is slowly gaining ground, however this time without the hype that diluted their numbers. Now that all the hype seeking geeks, journalists and other curious cats have left „the building“, Second Life grows their natural user base, who ever that might be. It would be interesting to get some stats on their user base, anyone have a hint where to get that?

Waving or buzzing – Google’s new Buzz.

So Google has launched „buzz“, which is a social network simulating extension to GMail, if you ask me. You can share photos, videos, status messages – and people can follow your profile, see what you share and comment on it in real time. Apparently. I haven’t found anyone yet to „buzz“ with.

It’s supposed to be an attack on sites like facebook or tools like twitter. I just wonder, if it is strong enough to get people of these two other services. They are quite sticky already, especially facebook, since they’re offering lots of functions, games, content upload options, etc. – and quite many people have established their network on facebook, it will take some persuading luring these network-settled people over to a new network.

Anyway, how does that align with Google Wave? Will they integrate the two at some point? Or will Buzz just be for sharing, chatting and connecting while Wave will be more about real collaboration? We’ll see… And see this video here, it explains the main points in less than 2 minutes:

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(UPDATE: here is another good take on the whole launch, including the relation to Wave.)

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