Showing posts with label Social Media Platforms. Show all posts
Showing posts with label Social Media Platforms. Show all posts

Sunday, March 22, 2015

Gems of Opportunity: Social Media Concept: "How To Beat Twitter With Blast It!"



Hello All,

Today's social media business model concept could be employed by Twitter to a degree. Since Twitter hasn't to this point experimented with a voluntary subscriber or one time fee pay scheme for regular users. As a source of additional revenue for the company aside from what they're doing already with advertisers.

This conceptual design also nearly dove tails onto the one I had shared last month. Which was the "Telecommunications Industry Concept: The Smart Pager (Beeper) Redux" . Since a service that is based off of the SMS (Short Message Service) is an ideal cross promotion for a smart digital beeper to utilize. A Twitter App could merely be developed by the company for users to download onto a smart digital pager. (otherwise come pre-installed onto the device itself).

Back in September 21st, 2009 on this blog site I posted a marketing campaign conceptual design. Based off the "Jackson Five" song of Rockin Robin it is a no brainer for Twitter to pursue. Here's the link to my blog entry back then "Ad Concept: Twitter Advertisement Campaign" .



Now back to the concept at hand today much as how "MySpace" was usurped by "Facebook" in the pioneers of social media. One day another social media platform could overtake "Twitter" at its own game. I call this so far fictitious social media platform as "Blast It!". Twitter has by design constricted itself to the SMS limit of 140 characters per Tweet. That restriction is a throwback from the 1990's or literally the last century. Recall my last month concept regarding Smart Pagers (Beepers) well the 1990's was the era when beepers were the predominant form of letting someone know you called. Ironically today hospitals, physicians, and certain law enforcement departments still utilize pagers today for an area wide alert signal.

My idea for "Blast It!" would upend the artificial ceiling of the 140 SMS digital character limit per Tweet. Much as I stated in the first paragraph of this blog entry Twitter could pursue an optional subscription package of incentives or a one time upgrade fee for users. To set a new limit per tweet beyond the 140 character limit message of the antiquated SMS era.

Nonetheless "Blast It!" would shrug off such a SMS vestige by blasting away such Tweet or micro-messaging limits in text. Before Twitter there were and still are "Instant Messengers" such as: AOL, Yahoo, ICQ, and X-Fire. The latter one was popular for gamers, but never fully recovered after it was sold off to Viacom in 2006. My proposed social media platform would automatically start off all Tweets at an incremental limit of 420 (3x140) digital characters. At triple the amount of today's Twitter service provides. Such a service could also allow users to have a message feed from Twitter of their personal account onto the "Blast It!" service. To rub it in the comparison in message sizes per Tweet and per Blast.

At the time I wrote this conceptual design business model was back in early November 2014. Before the FCC (Federal Communication Commission) ruling on Net Neutrality most recently regarding throttling. Throttling was the tactic ISP's (Internet Service Providers) wanted to utilize to charge for higher rates of transmission speeds as gate keepers. The reason I am bringing this up was that my concept of such a social media company would throttle free users after a set limit of Blasts per day (24 hour period). Perhaps as little as after the first 15 Blast messages a day a free user would be throttled with a delay timer per their next set of messages. This was to encourage Silver and Gold tier voluntary subscriber plans to take hold as a source of revenue for such a company.

These proposed monthly subscriber plans of Silver and Gold would be billed annually. Making free accounts in effect a Bronze plan user. However all accounts would be able to send still images and video cross-linking in their messages. With whatever else comes standard today in custom settings and lists set-up by a user. Next comes the upgrades as voluntary one time fee's where the "Blast It!" social media platform. Can elect to offer extensions in message character limits to both free users and subscribers at 560 (4x140) and respectively 700 (5x140) digital character limits per message. However those that elect to pay the one time upgrade fee amount would first need to go through the 560 character limit. Before unlocking the 700 character limit per message which is a cheesy way to generate additional revenue on accounts with such incentives.

Those accounts that elect for the one time upgrades can have additional incentives rolled into the fee. Such as reduction of throttling if its a free account user in the Bronze tier line-up. Have for subscribers the option to have increased speeds than a nominal speed Silver plan tier account. At the 700 character limit the incentive of a text to audio speech recognition app can be offered. So instead of reading your messages you listen to them as another feature rich offering.

When such a service did launch commercially for all users it could offer a limited Platinum tier Lifetime plan. Billed at $140 US annually to rub it into Twitter for their SMS dinosaur limits. Maybe after every successful anniversary date such a social media platform milestone is reached. The Platinum service tier plan could be brought back up for users to partake of in a promotional rate.

The "Blast It!" social media conceptual platform is just a notion to be a direct competitor to Twitter. An Arch-Nemesis if you will with a wink and nod to their success, but taking their business model and super sizing it. Since when Twitter launched it didn't have an inkling on how to commercialize themselves. They had to rework their service just to become commercially viable for investors and stakeholders. Without the Linchpin of advertisers Twitter doesn't have any other source of general revenue at least for only the commercial accounts. The general population of regular accounts wouldn't have the incentives I'm listing here for the fictitious "Blast It!" platform. Maybe someone at Twitter should wise up before a young upstart beats you at your own social media game or business model. (Unless Twitter buys them out first)

Time will tell who will be the usurper to beat Twitter, just like Facebook bested MySpace.

Ivan "Atrayo" Pozo-Illas, has devoted 21 years of his life to the pursuit of clairvoyant automatic writing channeling the Angelic host. Ivan is the author of the spiritual wisdom series of "Jewels of Truth" consisting of 3 volumes published to date. He also channels inspired conceptual designs that are multi-faceted for the next society to come that are solutions based as a form of dharmic service. Numerous examples of his work are available at "Atrayo's Oracle" blog site of 11 years plus online. Your welcome to visit his website "Jewelsoftruth.us" for further information or to contact Atrayo directly. 

Friday, August 17, 2012

Revenue Concept: "Alternative Facebook Revenue Streams"

Hello All,

Today I wanted to take this concept into a particular recent occurrence in the world of business finance. At least in how it relates in particular to the company of "Facebook" which had a rocky IPO launch. In many ways I'm an outsider peering into the realm of the social media giant itself. Aside from this truth I just wanted to contribute in creative thought to the struggle facing Facebook currently. In how to garner differential revenue streams outside of the classic two dimensional passive advertising clicks from users.

Below is my stab at Facebook's dilemma in how to address its fundamental pioneering model of social media. As to how a proven platform creates capital sources of income for itself in the long term. If I'm esteemed enough to get any official attention from the executives of Facebook or Mr. Mark Zuckerberg himself. Than keep in mind I try to balance these three key features for the future of Facebook. With a sense of social awareness in regards to privacy concerns and consented opt-in participation from the common user.

First, to create a Demographic Consumer Behavior Agency In-House unless it has already done so in a certain regard. Many in the consumer behavior tracking industry may balk that Facebook would enter into their domain. But, this is a given due to the sheer number of global users to Facebook nearing 1 billion members. At first this proposed internal consumer behavior tracking agency is for its own use in generating income for the company from its member base. If proven worthy it can scare the industry at large and muscle into the domain of other consumer tracking sentiment behavior agencies.

What this internal agency will do is act as a gate keeper to its commercial clients many of whom have Facebook fan pages. Taking aggregate consumer behavior metrics from such opted in corners of the corporate fan pages. That scales upwards the simplistic "Likes" system already in place. Used by a common metric of a data set by industry watchers of any of a slew of commercial brands in the marketplace. For example Facebook for its part will create what I'm coining as a "Facebook Alert System" for its commercial clients. This will be better explained in my second point of this broad conceptualization for Facebook's unique revenue streams to come into form.

There is also the case of the Internet TV phenomena taking us here in the States by storm. Many users are "Cutting the Cord" as it has been referred by others on the Internet. Basically mobile and other computer devices be they PC's or Notebooks are replacing the household television. Causing the cable and satellite provider companies to catch up to the consumer where they're congregating on the Internet. If Facebook for its part can create a social media platform demand to make Tv viewers world wide. To consider its site as a Meta Hub Portal for catching all Internet Tv channels and broadcasters as a jumping off point. A nexus of consumers of all ages will consider Facebook as the "TV Guide" of the Internet Age.

For its part Facebook does not need to become a broadcaster itself. Just a portal jumping board to all known and little known venues of Internet television. Whereby the aforementioned Facebook internal demographic consumer behavior sentiment agency will track all these incoming data sets. To later utilize it for its own purposes and/or repackage the data to become a social media "Neilsen" type agency all its own.

Second, to create what I term as the "Facebook Alert System" for its commercial fan page clients. As an evolution beyond the simplistic "Like" phenomena taking the Internet by storm. To capitalize on this trend to give Industry watchers something to ponder for themselves. The "Facebook Alert System" is a time sensitive opportunity afforded to opt-in consumers to a commercial clients fan page. Where based on hours and not the quantity of users to pull on the promotional offer. Facebook's Internal consumer behavior agency will track the metrics generated on behalf of its commercial clients for a fee.

The "Facebook Alert System" will have two tiers one being what I call as "Vanilla" and the other as "Premium" candidates. All new comers that consent to the opt-in alert system will supply the common fare consumer personal information. Beyond that comes the activity usage of the alert system itself like a flow chart come to life. Various sorts of Vanilla candidate offers will be made available on a time sensitive basis. Depending on the commercial client that will make these unique offers through their corporate branded fan page. Of which Facebook will provide the accounting and technical expertise in running such a mechanism itself. Offers will range from the tried and true: rebates (with proof of purchase), coupons (mobile use or print out), free samples, free trial periods, customer loyalty program enrollments, surveys tied to a raffle, etc...

That above is the Vanilla candidate entry level list for consumers that opt-in outside the privacy concerns for the most part in origin. For each offer that a Facebook user claims similar to the generic advertising click. Facebook gets paid a tiny fee via the alert system that it administers for its commercial clients. Now if that very same consumer Facebook user converts that promotional offer into an actual proven trackable sale. Facebook gets paid a higher fee yet still from its commercial client. This is where the Premium candidate list of consumer users is generated from sales that graduate the consumer to this tier. Those proven repeat consumer offers that themselves generate into somewhat reliable sales from its commercial client. Will offer upgraded incentives in value to the consumer from what was offered in the Vanilla candidate consumer list. Besides these secondary offers will be made in kind to the opt-in corporate fan page user. Exclusive sweepstakes / contests just for this pool of Premium list users. Meaning a higher chance for the user to potentially win a prize of some sort at any given time. Free branded merchandising offers tied to a confirmed sale, Extra supplemental points aside from the standard loyalty reward program from a commercial client (ie Airlines) on confirmed purchases. Extended free trial periods beyond those commonly provided via the Vanilla candidate pool of consumers. For every offer claimed by a Premium candidate consumer Facebook again gets paid a fee, perhaps higher than the Vanilla list. Since these are high quality consumer leads that have proven their purchasing behavior to the commercial client and Facebook that tracked the metrics themselves. Again for a converted sale from such a claimed Premium offer Facebook gets paid a higher fee yet still.

Third, capitalizing on what "Zynga" provided to Facebook making them a gamers platform all their own as an unintended consequence to Facebook's surprise. Facebook will take a page from "Zynga", perhaps even contracting them to fulfill a portion of this 3rd feature for Facebook itself. Converting a portion of a commercial clients fan page into an Interactive Gamification Zone. Where corporate branded games similar or vastly different from what Zynga has offered in the past. Is developed for its commercial clients which in turn Facebook collects a service fee for offering such a mechanism to its consumers. Consider it in many ways a subscription fee for utilizing such a gaming zone service branded to the commercial clients needs and wants.

Now to piggyback onto what the "Facebook Alert System" provided with its Vanilla and Premium candidate offers consumer list. This Interactive Gamification Zone will introduce games that after certain objectives are reached in game play. The consumer Facebook user will receive faux currency or tokens, perhaps the Facebook currency that is already in place for the games hosted on its site. If not the Facebook currency than a custom corporate branded faux currency for game play purposes. These rewards collected by the Facebook consumer user that has opt-In to a commercial clients fan page. Since that's the only manner in order to gain access to these hopefully quality games of all types. Since a cheesy game will garner shitty results for its commercial clients.

Here again comes Facebook's internal consumer sentiment behavior tracking agency to repackage data sets for its commercial clients. For either a fee or as part of the service contract for this feature of the Interactive Gamification Zone. Facebook users collecting these tokens or faux currency will redeem them for consumer offers provided by the commercial client. Again following the similar pattern of the "Facebook Alert System" feature set. For every offer a consumer redeems from their personal pool of tokens Facebook collects a fee from its corporate client. Mimicking the traditional getting paid for clicks per advertisement seen. If that consumer offer claimed from within its commercial clients fan page game is redeemed into a trackable converted sale. Than again Facebook gets paid a higher fee for the conversion of the offer into a bonafide sale.

These are very unique endeavors I can envision that Facebook can utilize for its own sake in regards to revenue streams for its capital income outlays. For my part consider this my own humble manner in giving my gratitude to Facebook for its social media platform. That has had a positive impact in my life. I may be naive in placing this directly on Facebook's lap without any sort of recompense. Well as the story goes I do this in all sincerity and not in hubris as what goes around comes around.

Be well Facebook for all our benefit.