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Foursquare’s Virtual Rewards

foursquare, a location-based social network, gives away so many points and “badges” to users that their personal pages can start to look like Boy Scout sashes.

It may seem over the top at first, but it”s a powerful way to encourage certain behaviors. In the Online Community Research Network’s recent report Key Factors Establishing an Online Community’s Culture Community manager were asked, “What steps have you taken to establish a new community’s culture?”

foursquare-badgesThe most popular response was “Recognizing positive participation.” Whether it’s for completing their profile, posting content, or helping to moderate a fractious exchange.

Foursquare encourages profile photos by restricting certain badges and rewards to people who (among other things) have a profile photo.

But they’re also laying the groundwork for a virtual currency and gift system, by giving users points for taking certain actions.

The actual rules for what earns you points are are in flux, which I think is a great idea. It gives them the freedom to adapt the process as it evolves, plus it  adds some mystery to the process, encouraging exploration.

They admit that (at this point) the point are only good for bragging rights, but that they may be used in the future for creating virtual badges for users and their friends.

And chances are they’re not being coy: They even ask users for ideas on how points could be used in the future!

1 Comment Posted in Encouraging Activity, Nurturing the Community

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Social Network For Forex Traders Currensee Raises $6 Million | paidContent

Social Network For Forex Traders Currensee Raises $6 Million | paidContent. Another great example of how to leverage the need for collaboration and information through a social networking model, and a vote of confidence for the business model with a new funding.

Currensee plans to make money by taking a commission when its members open new brokerage accounts—and potentially by charging for “premium information services.”

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If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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Social Networking for Social Change

Change.org is a great example of a social network that harnesses — or focuses — people’s passion. So many “me too” social networking sites lack this key ingredient.

If your social network is going to take off, it will need to tap into a passion or need powerful enough to get people signed up and engaged on an ongoing basis.

This isn’t an easy feat.

Luckily enough, people are crazy-passionate about millions of things. If you can provide a venue where people can share this passion, and — even better — generate enough critical mass to give them voice and momentum, the you have a community.

That’s what Change.org does so well.

No Comments Posted in Business Models, Nurturing the Community

If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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Leverage free apps, APIs, and web services.

I noticed the other day that Flixster is now using Meebo for their Instant Messaging feature.

With all of the free apps, APIs, and web services out there, there’s no shame in relying on other services to build out your service.

In fact, for a start-up social network, it would be crazy not to. It’s a great, low-cost way of testing the adoption of a new feature, without the cost of building it from scratch.

Ben Huh from I Can Has Cheeseburger notes as much in a piece for ThinkVitamin, where he gives 15 tips on how to take a community to the next level, one user at a time:

#5. Stop Engineering and Start Thinking About the Market
People who work in the technology industry tend to over engineer things. Don’t complicate your problems, simplify them. If you need to add a commenting system to your site don’t build it from scratch, download one. Whatever you do, do it quickly.

No Comments Posted in Social Networking Platforms, Social Networking Software

If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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Nielsen Report: New Moms Heavy Socializers

More parents are turning to social networking sites for advice and support, especially new mothers. According to a new report released in April 2009 by The Nielsen Company, “Becoming a mother is a dramatic inflection point and drives women to the Web in search of advice and a desire to connect with others in their shoes.”

2 Comments Posted in Nurturing the Community, Social Networking Industry

If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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Ning hits 1 million social networks

The Social reports that Ning’s one millionth site was recently created (about a fifth are currently active).

No Comments Posted in Social Networking Industry, Social Networking Platforms

If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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Baby Boomers Active in Social Media

Forrester’s newest report (via RRW) suggests that almost one in four younger Boomers (43-52) are active in social networks, up from 15% in 2007.

What’s more, nearly 70% of that group actively consume socially created content like blogs, videos, podcasts, and forums.

During a great interview with the founders of Ravelry yesterday for the soon-to-be-released eBook, they noted the wide age range of their users — passionate knitters and crocheters — that supports this research.

No Comments Posted in Social Networking Industry

If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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Voyeurism, narcissism, and vanity — in a good way.

Good post on building social networks that talks about voyeurism, narcissism, and vanity as drivers of user behavior. Add to this the fact that people love to evaluate, criticize, and pass judgment on others, and you have the High School Model of social networking.

That’s not a criticism, by the way. It’s crucial to understand these motivations and to harness them to make a social network, well, work.

Of course, the language will differ between sites, but even the most mature user is still flattered by followers, fans, friends, and connections.

No Comments Posted in Encouraging Activity, Nurturing the Community

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Write Your Own Terms

This is starting to look familiar…

Once again Facebook comes across as the heavy, and after a flurry of media coverage, has reverted to their old Terms of Service while they figure out how NOT to look like lawyers…

(It’s very telling that the new ToS were announced on the Facebook blog by their “Corporate Counsel for Commercial Transactions,” not a member advocate, community manager, etc.)

They’ve posted the Facebook Bill of Rights and Responsibilities. They should use this (and its language) as their ToS, instead of the old line “I know it says that, but what it means is this…”

The Lesson for Social Network Entrepreneurs:

You need to write Terms of Service (and a privacy policy) for your site. They key here is that YOU should write it.

But aren’t lawyers supposed to do that?

Well, lawyers will tend to provide a draconian, unreadable ToS that will make your members feel like, well, Facebook users.

So sit down and learn from the best, then create a first draft. After all, it is your business, your community, and your rules.

Don’t use big words, don’t try to sound like a lawyer.

Just explain what the ground rules are.

Looking for great inspiration?

Yahoo! gets it right with their real language approach.

Twitter sets the right tone (and puts Facebook to shame for continuing to claim the need for licensing rights):

Copyright (What’s Yours is Yours)
We claim no intellectual property rights over the material you provide to the Twitter service. Your profile and materials uploaded remain yours. You can remove your profile at any time by deleting your account. This will also remove any text and images you have stored in the system.

Can’t get any simpler than that…


No Comments Posted in Data Portability, Social Networking Industry
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If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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Facebook Trips Again

Facebook recenlty updated its terms, deleting a section that said users could remove their content at any time, at which time the license would expire. At the same time, they added new language that said Facebook would retain users’ content and licenses even after an account was terminated.

The company’s chief executive, Mark Zuckerberg, moved to reassure users on Monday that the users, not the Web site, “own and control their information.”

But as he did with earlier privacy concerns, he hasn’t really addressed the concerns — or changed the terms of service:

Still, the interesting thing about this change in our terms is that it highlights the importance of these issues and their complexity. People want full ownership and control of their information so they can turn off access to it at any time. At the same time, people also want to be able to bring the information others have shared with them—like email addresses, phone numbers, photos and so on—to other services and grant those services access to those people’s information.

But the point isn’t about my friends having access to my information, it’s facebooks claim to ownership, and the right to monetize it.

Important lesson on how NOT to deal with your members’ privacy concerns.

No Comments Posted in Data Portability, Nurturing the Community, Social Networking Industry

If you found this blog post helpful, then you'll love the hundreds of tips, real-life examples, and proven strategies that you'll find in my Hands-on Guide to Starting a Niche Social Network!

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