Thursday, November 17, 2005
Social Media
Biz 2.0 blog: " . . the Flickr purchase helped ignite a larger strategy. Thanks to a new generation of managers like Butterfield and Fake, Yahoo is starting to see
how user-generated content, or "social media," is a key weapon in its war
against Google (GOOG). That upstart in neighboring Mountain View may have a better reputation for search, it may dominate online advertising, and it may
always win when it comes to machines and math. But Yahoo has 191 million
registered users. What would happen if it could form deep, lasting,
Flickr-like bonds with them -- and get them to apply tags not just to
photos, but to the entire Web?" Content and user experience and Community will be how you win the Customer. Craigslist and Google Base are prime examples.
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