-
Website
http://www.chrisbrogan.com/ -
Original page
http://www.chrisbrogan.com/is-your-community-for-sale/ -
Subscribe
All Comments -
Community
-
Top Commenters
-
Ari Herzog
120 comments · 23 points
-
Don Lafferty
59 comments · 3 points
-
Danny Brown
77 comments · 28 points
-
Dale Cruse
65 comments · 2 points
-
gerardmclean
43 comments · 7 points
-
-
Popular Threads
-
While the Iron is Hot
1 day ago · 59 comments
-
I Was Wrong About Twitter Lists
2 days ago · 63 comments
-
The Visible Media Maker
1 day ago · 22 comments
-
Simplicity Trumps Most Other Emotions
2 days ago · 53 comments
-
How to Make Goals Happen- Part 1 – GoalBox
5 days ago · 65 comments
-
While the Iron is Hot
If you buy into everyone has his/her price... what's yours for your twitter account? What about a pay per tweet like Jason Falls did once for a non-profit? I know you wouldn't sellout, but what's that magic number?
Leon, Im glad I found you here. I wanted to message you on Twitter but of course I couldn't because clearly you dont follow me.
I did want to say that for sure you are taking it the wrong way. This is not how I treat my friends, this is social experiment that came out of a creative moment before I deleted my account.
but they probably wont know what to do with it and they will lose followers.
But it begs the questions can you create a twitter starter account? would it be cool to already have 1000 followers on twitter, it might because people dont seem to sure why we care or are following one another.
also, everyone is waiting to see who will monetive twitter first, so they can write a book and sell the information.
:)
However, another way that a community or followers have value is if they are motivated to do something by the person they follow. So for example if a person has 1000 followers and invites them to do something, say attend an online event. Let's say 300 of them do it. What would that be worth to the event sponsor, whether that be a charity to whom the 300 people gave money or a company with a new product that just got exposure to 300 people?
So in that regard, there is value to both the Twitterer who is followed, as compensated by their client and value to the followers for being introduced to the charity or product.
Now let's get back to the Baron thing. So what's the difference between that and the Wall Street Journal selling to Murdoch? I mean WSJ has subscribers, followers that pay them. So what's the big deal?
What if Andrew were selling Rocketboom? Would you feel as outraged? And yet, if you're a regular subscriber of Rocketboom, aren't you part of that community?
So what's the difference? Is Twitter more intimate? Why? Because we make it that way?
NOW what are you thinking?
Simply put? No. You can't sell a community.
You can sell a brand. You can sell an account.
But you can't sell loyalty of others.
If you, Chris Brogan, were to sell your twitter account - I'd quit following that account.
It's not the name that's important, it's the value gained from the person behind it.
Just as I stopped reading "Dear Abby" when it stopped being "Abigail Van Buren" and started being her daughter, I would not blindly follow a blog/twitter/whathaveyou just because it was originally founded by someone I admired.
What Baron offered, and what he is selling if he does is an "ACCOUNT" not a community. Communities are made up of people with a reason to have a bond. Accounts are just that.
It looks like he already has some bids and nine days to go.
- Adam DesAutels
Its worth knowing that what people think .. if you wanna sell your community ..like twitter.
I think the idea is gr..8 if he doesn't want to come back to twitter .. and no point if he is returning back.
sleepwell chris
What if a Twitter writer with a committed following said this: Friends, I'm going to take some time away from Twitter, it's a grind yet I realize there is plenty of information to share and perspectives to consider. In my place susie johnson, will submit tweets, direct you to research and even my longer blogs and vidcast that I will still continue to produce.
Please give susie a few weeks and your insights as she continues with similar ideas to mine, but others that I believe you'll find insightful.
What do you think? No good or would you give Susie a chance?
@martyj
Selling your account with followers no different than selling an email address to a spammer. I consider it a breech of trust. But unfollowing someone on Twitter is certainly easier than getting your address off the spambots.
@Marketing_Queen commented: "I wouldn't follow him if you paid me. Ummm or is that the next step?" Good point. That could be the next evolution in paid permission marketing. Compensate followers based on how often they are logged into Twitter, pay per click or any number of other ways I'm sure could be created. The account becomes just another broadcast medium hoping to catch a few eyeballs in the Twitterstream.
The mainstreaming of Twitter will see much of this. But, as long as it is easy to unfollow, individuals will always have the choice of what type of communication they want to be exposed to on Twitter.
Here's an example of a MySpace account up for auction on eBay that I just posted on Twitter. It has 28k friends. There are 10 bids so far with the highest bid at $150. http://twurl.nl/zglmhh
MySpace friends are probably less valuable than Twitter friends because there are many spam sites and lots of products sites on MySpace - movies, band, etc that will auto-friend you. So getting high numbers is much easier on MySpace than on Twitter. Even so if a MySpace account with over 25K friends only sells for $150 it is hard to manage any Twitter account being worth much more than that.
Spammers might want to purchase them but it wouldn't take long before people started unsubscribing in droves.
In the case of Twitter, you're buying a presence, really.
If Baron put up his Facebook account, that'd be a different story, because I can extract real data from it - names, email addresses, other contact information. At that point, it's a database, and we buy & sell databases all the time. What would I pay for that? The going rate is about $1.50 per valid identity on the commercial markets - you can buy header files from credit bureaus with roughly the same data for about $1.50 a head if you're buying in bulk.
For what it's worth - people are buying and selling your data all the time. Baron's just being transparent about it.
I'd be unlikely to follow someone who 'bought' an account or even took one over because I'd be suspicious of his/her motivations - but I'm also not the average twitter user.
It will be interesting to see what happens... but I don't think you can sell community - only access.
And honestly? it could hurt the brand/trust of the person selling it - would you trust him the next time he creates an account?
I didn't subscribe to or follow Andrew's 'account,' I followed Andrew and what he was saying. Based on that and assuming a buyer would know that a twitter account is more personal than, say, myspace accounts for sale, I'm more interested in what they would expect to get out of owning the account than why Andrew is selling it.
this is quite interesting. I'm not offended, we are all trying to make a living and toying around with such things just takes a little bit of courage (but careful, you can burn yourself...), but maybe that's also because I was (yes, WAS) not following him and therefor have no emotional attachment to that twitter account. To me it's exactly as you have said, it's like a telephone number that the wrong person is picking up.
I'll definitely be following this (let's not forget that Andrew studied philosophy, maybe this is a little study for him :-) ).
Cheers, Hans
So Andrew sells his account for, say, 150.00 and someone pays for a variable number of followers to spread a message to. But what if don't want the account? What if I'd rather pay Andrew 5.00 to talk about me or my brand 3 times. I don't retain control, and this don't "destroy" his community - it's all still there and in his hands.
Could PayPerPost's April Fool's PayPerTweet prank not be far off?
@chris not all "experiments" are harmless. Not everything in the "social space" is the same. Is twitter more intimate? I don't know but selling off the people who follow you in earnest without their consent is unethical. You don't need an "experiment" to know what we've know for years. Calling it is an experiment is a cop out. It's selling out your user base to the highest bidder and it's as command place in today's market as twitter. I simply expected more from our community leaders. Yes rocketboom was a leader in online content and I expect more. I'm hurt and disappointed. Again, just my 2 cents which I assume is all my opinion is worth on ebay anyway.
Now if the sale goes through, that person, will now have the Twitter presence formally known as Andrew Baron. The buyer is now the facade of Andrew. We technically have the same thing with Fake Steve Jobs. Unless the buyer uses the twitter account as Fake Andrew Baron, who knows that may work, that may not. It certainly did for Daniel Lyons. The only difference between the two is that one online presence is bought the other isn't.
It's a neat experiment. Kind of shady, but a neat thing to see what happens.
@tommyvallier in dark moments, i hope PayPerTweet is NOT far off. don't shoot me. i am NOT taking money to tweet stuff, but I AM AMAZED how many times a day i am asked to tweet things for others. just amazed.
there is a lot yet to be determined about valuing "audience" (i'd rather call them "participants" frankly) across ALL social media platforms.
i love Twitter and invest a lot of time there for the community, intellectual stimulation and support it gives me. i have also DEFINITELY gotten clients through it, just via old fashioned networking. for me it works.
but compared with investing that time in a blog, which *could* host ads if it caught on, the average (not a consultant) microblogger has little direct economic incentive to produce quality content. not saying that's what matters at Twitter. if you know me there, you KNOW that's not what matters to me.
BUT.
i'm just pointing it out. there are more questions here than answers.
Other than that, I frankly don't care one way or another about his attempt to sell the account, since he's being transparent about the whole deal. I'd probably be a bit peeved if it weren't Andrew anymore but he didn't tell people. But even then, I still have the power to walk away so imho, it's no big deal.
I'd probably still want to keep the original Twitter account name by creating a new one after renaming the old one, since people know it and will probably continue to look for it.
If he starts a new project like Rocketboom, it will have a heightened probability for success because he has exposure and reputation. This move could potentially ruin the latter, but he will still have more exposure than he did when he launched Rocketboom.
He can do what he wants with/to his reputation, but he is gambling with the personal brand equity he accumulated through Rocketboom.
So we all have to agree that there is a general social norm or contract that we are who we are online and offline- hopefully the same person. Not everyone abides by this rule (and it's why I find second life so confusing- relearning who I already know with different names and clothing...) Otherwise, it will be hard to forge online relationships that carryover to any trust relationship offline.
People aren't for sell, also this lead me to believe it was all about money in the first place.
I think his brand equity is going down.
In fact, now that the news is out, I get the feeling that his Twitter account will already be toast. No-one likes to be seen as a commodity to be bought and sold. I certainly don't.
Think about how many new twitter tools have come out lately, and how many ask you for your twitter password?
http://marketing-seo.com/twitter/tweet-jacking....
Baron should at the very least give a public promise that all private messages will be deleted.
You buy/sell information.
You buy/sell brands.
You buy/sell websites.
You CAN'T buy/sell personality.
I think the only thing Andrew is going to prove is that some people will pay a lot of money for something that will be totally worthless.
I think what is more interesting is that maybe he is proving that rich entrepreneurs who do not know twitter or what it is about will get misled into thinking they are buying something of value. This may be the beginning of the next web bubble bursting, just very slowly.
We have a great thing going on here - SM, the voice of the people, communincation, etc. But as you mention, what happens when that communication is sold to another company? Certainly the purchaser will have intents/goals that differ from the sellers - the overall message would change.
Chris, your theory has a good deal of potential, but when that happens aren't we "cattle" again? If the buyers also buy the pen names as well, only the acutely attuned may have any insight to such a change.
This could eventually lead to the resurgence of oneway communications (advertising) that make most consumers cynical, morose and apathetic towards brands.
More thoughts here: http://alwayson.goingon.com/permalink/post/26367
Being part of something, even a blogging community, makes it much more personal. Meaning, if a blog were sold to another entity then most persons of that community feel a sense of betrayal and will look for another community in whcich to be a part of.
This isn't about community, its about publicity. About a year ago, they decided to sell their Vloggie award (http://rocketboom.wikia.com/wiki/Vloggie).
Before that, is was advertising for sale (http://digg.com/tech_news/Rocketboom_to_Sell_Ad...)).
I don't call this social media. I call it an irrational love of Ebay. Are they paying for this kind of advertising? Or, how much Ebay stock does Andrew own?
Take care.
Tony Katz
Honestly, assuming that there is some monetary value attached to a Twitter account of a well known person, wouldn't Hugh's action last week degrade the value of Andrew's?
Of course, in my book a Twitter account in the name of an individual has no monetary worth. It has value to me if it's the actual person using it to share and interact with the community. If Andrew (or Scoble, Brogan, Rubel, Winer) were to sell their Twitter account and another person started to post using it - I'd drop it immediately. I'm interested in the thoughts and interactions of the people I follow, not the name that it's posted under.
Like I said though, interesting...
Scenario #1 After this fascinating experiment goes viral, Andrew will change his mind at the last minute, smile, and enjoy the increase in followers, publicity and more.
Scenario #2 Andrew gets a surprising chunk from ebay; the buyer gets a short boost of hits and then a gradual drop-off of twitter followers (the ones that would be of value); Andrew is relieved from the burden of a tool he wasn't using and enjoying; a mass of new twitter accounts are created by those with copy-cat ideas; @HilaryClinton sells her account to Obama for...oh wait, she's only got 3k followers to his 23k...well, he still buys it cause he's nice.
Kudos for getting people thinking about many key questions here Andrew (whether or not you thought it would bring up so many questions about community, value, etc.)
-Leif
www.SparkSocialMedia.com
To me, that shows that he wasn't interested in using Twitter to connect to people but to build up another audience willing to consume his content. While there is room for that on Twitter, I don't see it transferring well through just some random eBay auction.
He does have a disclaimer at the bottom that people may unfollow but his intention to sell his followers seems shallow.
People sells businesses everyday, a friend of mine is selling his Bar, that doesn't mean he is selling his usual guests as well (even though this represent a value in the beginning).
Think about people working in a big company, happens everyday and we say "we got sold" even if it is not like that, we know we can find another job if we don't like the new owners.
So a twitter account is a business? yes, you don't get money directly from it but if you twitt smart you may end up having 1500 followers that you can influent about something (or not) and this is a possibility that could lead you to make some money out of it.
Do I like it? personally no, as I don't like people selling and buying databases, bad shows on tv, etc. etc.
One of the most fascinating things to me is the growing fluidity of the web's current landscape and the challenges it will continue to create for existing and emerging businesses alike.
The gradual erosion of brand loyalty is an amazing thing to watch - Google is destroying the search market right now but if a more powerful search engine with an equal or better interface landed tomorrow who WOULDN'T jump ship in a heartbeat?
That said the delay in adoption rates will serve as a bottleneck to extreme instability. I wouldn't classify myself as an early adopter but I eagerly follow those of you who are and it has been a real eye opener. It has been interesting to see how some of you who exist at the center of these new web developments have already tired of Facebook's weaknesses and moved on while everyone else is still very much overwhelmed by the myriad of options.
These dynamics will serve those who purchase "communities" or blogs well since I imho it will mean that - while aggressive users will likely bail and follow the other members of their particular community - everyone else will just be learning about a popular site or product and file in (or remain)...for a time.