MySpace vs. Facebook Comparison Video
Jeff Hoffman prepared a nice video on the statistical differences between MySpace and Facebook. This video is about 9 minutes long and is worth the time. The comments I posted in response to this material follow:
Jeff does a real nice job of presenting data on the demographic differences between Facebook and MySpace. What is most clear to me is that the demographics of both sites are shifting rapidly. There are people who have been successful building networks on Facebook and who are now working to do the same on MySpace. So I wouldn’t ignore MySpace based on this information.
However, given limited resources, Jeff objectively delivers the message to businesses to spend time marketing on Facebook vs. MySpace. For me there remains a very serious question when considering Facebook vs. all other marketing tools. That is whether Facebook should be used at all. I don’t see compelling evidence of the value for companies spending time developing social networking on Facebook. However, I advise all companies , entrepreneurs, and solopreneurs to be actively developing a presence on at least Facebook. I offer that advice because I believe we are just at the beginning of understanding how to market effectively on social medial sites including Facebook.
Thank you Jeff for this video and I look forward to more content on this topic.
Steve Pohlit, President
IR Consulting, Inc
http://www.IRConsultingInc.com
PS One comment I failed to include is the potentially high ROI for paid advertising on Facebook and MySpace. This should be tested.
———————-
Just Released from my new business consulting site: The Key Issues That Must Be Addressed Before You Buy Any Business of Any Size.
Click Here For The Free Report
Steve Pohlit
http://www.stevereports.com
Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies to rapid increases in revenue and profits with a sustainable growth rate. Don’t miss my FREE Report: How To Make More Money With Your Business Now and Long Term I am building my practice and welcome new client inquiries. Call me for a fee consultation at 727-587-7871 Remember many of my business building articles can be found at Steve Reports and my prosperity building tool (best tool ever for helping you manifest your goals and dreams) is The Prosperity Tool Chest and guiding articles posted very often at Prosperity Tip








“One path to answering this question is to consider the different functions within a business. For example, a typical accounts payable function currently is not enhanced by an iPhone. Account payable staff have the resources to do their job. Alternatively a technical field representative who is mobile could very well benefit from continually developing iPhone technology.
I appreciate this question as the use of cell phones and technology devices including the Blackberry and iPhones is a very topical question with business owners who I guide to making more money with their business.
In summary I am not an advocate of a universal policy allowing or prohibiting such devices. My advice is to decide at the functional level.”
Recently Entrepreneur.com Published An Article On Squeezing Out Profits In Tough Times actually titled “Less is More” This is an area where I have considerable experience and expertise. Today, I submitted my comments which followed the logic of my FREE Report offered at IR Consulting, Inc. and mentioned for the readers of Entrepreneur the availability of this report.
Last night I was reviewing the update to Traffic Jam which is John Reese’s site and it really is marvelous so I encourage you to look at my Blog Rush widget on the right side of this page and click through and sign up for an account for your blog. Then your blog entries feed Traffic Jam. A word of caution: if your blog is new I would wait until you have a reasonable volume of posts before applying for an account, as that is one of the criteria for acceptance. One of the values of Traffic Jam is for you to quickly see blog content published in your area of interest. When you do I recommend commenting on the blog posts and including your site links which is a great way to get back links to your site.
In summary, published content is one of the actions that add credibility to your business. I am more focused on publishing certain of my content in areas most likely visited by my target audience. The Wall Street Journal, Business Week, Entrepreneur Magazine are examples of where I have published content recently.
With the increasing volumes of information being published primarily as a result of more blogs coming on line daily, it is in your best interest to identify where your target customer is most likely to be visiting. Then focus on attracting their attention with content that delivers value and demonstrates you know what you are talking about.
Sending all my readers the energy of vibrant health, happiness and prosperity.
Steve Pohlit
http://www.stevereports.com
Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies to rapid increases in revenue and profits with a sustainable growth rate. I am building my practice and welcome new client inquiries. Call me for a fee consultation at 727-587-7871 Remember many of my business building articles can be found at Steve Reports and my prosperity building tool is The Prosperity Tool Chest