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Show me the money
@guyclapperton
I have over 4.5K followers
• And they’ve all sent me £7.50!
• I have £33,750
• New car, deposit on a house..?
That was, of course, a fib
So what are we all doing on social
media?
Social is sharing
• Twitter links
• Facebook links
• Buzz links (just kidding…)
• Music links through Ping, Blip.fm etc.
Social is influencing
• Facebook claimed 50% of its active users use
its site every day
• 35m FB users upgrade their status every day
• There were 27.3m Tweets every day by the
end of 2009
Source: econsultancy.com
Social is not making money
• Let’s exclude the leisure use
• Paid-for newspapers available for nothing
• Murdoch derided for Times Paywall
Think about it…
• Facebook slated every time it tries to
monetise user info
• Twitter claims to be about to sell ads but isn’t
yet making a profit
• Users being trained to expect stuff for
nothing?
Stuff you can have for free
Accounts
• Twitter
• Facebook
• Google Docs
• Spotify
• LinkedIn
• Buzz (again, a few people
do!)
Stuff
• Music
• Office automation
• Video
• Photo storage
• Social networks
• Business networks
Nobody wants to pay for
anything
So where does this become
sustainable?
Real life
• Stuff costs
• Food, mortgage isn’t free
• Disconnect
Influence v profit
It has become entirely possible to be very
influential on Twitter etc. without making any
profit whatsoever. There are online
measurements available. Free, of course.
Times Paywall
• Much derided
• “Murdoch will lose influence”
• But is a tenth as many paying users a bad
thing?
No model
• How does this work?
• Where do we complain?
• Where’s the money for innovation?
Prepare for change
This can’t go on forever
There needs to be a debate
• Sensible, rational
• Discussion on how we make this sustainable
• A lot of businesses depend on stuff for which
they’re not paying
Culture shift
• Generation expects freebies
• Ironically they’re going to be stuck with our
bills
• Is this a slow-moving double whammy?
Conclusions
• Current model is like the sixties – full of
idealists who want to offer everything for free
• We may be due the seventies/eighties –
reality check plus recessions!
Guy Clapperton
Clapperton.tel
A quick word about .tel
• .Tel has kindly sponsored me to appear here
• Online business card – updatable by mobile
phone
• One point of contact for all devices

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Guy Clapperton: Show Me The Money: A Sanity Check For Monetizing Community

  • 1. Show me the money @guyclapperton
  • 2. I have over 4.5K followers • And they’ve all sent me £7.50! • I have £33,750 • New car, deposit on a house..?
  • 3. That was, of course, a fib So what are we all doing on social media?
  • 4. Social is sharing • Twitter links • Facebook links • Buzz links (just kidding…) • Music links through Ping, Blip.fm etc.
  • 5. Social is influencing • Facebook claimed 50% of its active users use its site every day • 35m FB users upgrade their status every day • There were 27.3m Tweets every day by the end of 2009 Source: econsultancy.com
  • 6. Social is not making money • Let’s exclude the leisure use • Paid-for newspapers available for nothing • Murdoch derided for Times Paywall
  • 7. Think about it… • Facebook slated every time it tries to monetise user info • Twitter claims to be about to sell ads but isn’t yet making a profit • Users being trained to expect stuff for nothing?
  • 8. Stuff you can have for free Accounts • Twitter • Facebook • Google Docs • Spotify • LinkedIn • Buzz (again, a few people do!) Stuff • Music • Office automation • Video • Photo storage • Social networks • Business networks
  • 9. Nobody wants to pay for anything So where does this become sustainable?
  • 10. Real life • Stuff costs • Food, mortgage isn’t free • Disconnect
  • 11. Influence v profit It has become entirely possible to be very influential on Twitter etc. without making any profit whatsoever. There are online measurements available. Free, of course.
  • 12. Times Paywall • Much derided • “Murdoch will lose influence” • But is a tenth as many paying users a bad thing?
  • 13. No model • How does this work? • Where do we complain? • Where’s the money for innovation?
  • 14. Prepare for change This can’t go on forever
  • 15. There needs to be a debate • Sensible, rational • Discussion on how we make this sustainable • A lot of businesses depend on stuff for which they’re not paying
  • 16. Culture shift • Generation expects freebies • Ironically they’re going to be stuck with our bills • Is this a slow-moving double whammy?
  • 17. Conclusions • Current model is like the sixties – full of idealists who want to offer everything for free • We may be due the seventies/eighties – reality check plus recessions!
  • 19. A quick word about .tel • .Tel has kindly sponsored me to appear here • Online business card – updatable by mobile phone • One point of contact for all devices