Defining Twitter by more than the numbers

Twitter user growth

Twitter reported its financial results for the second quarter 2014 this week:

  • Q2 revenue of $312 million, up 124% year-over-year
  • Q2 net loss of $145 million and non-GAAP net income of $15 million
  • Q2 GAAP EPS of ($0.24) and non-GAAP EPS of $0.02
  • Q2 adjusted EBITDA of $54 million, representing an adjusted EBITDA margin of 17%

Depending on which media report or commentary you read, it’s either an unimpressive financial performance, or a strong performance to silence critics.

Either way, a common view in mainstream media reports is that the results exceeded financial analysts’ expectations.

One other significant element in the earnings announcement is growth in the number of users, as the Financial Times chart above shows – a consistent increase every quarter since mid 2010 to arrive at today’s number of 271 million average monthly active users, an increase of 24 per cent over the same period last year.

The combination of financial results that exceed expectations and continuing user growth are facts that the stock market and investors like. Indeed, the FT’s report includes a bottom-line statement:

[...] Shares rose to $51.25 in after-hours trading, the highest price since Twitter reported its first results as a public company in February, prompting the stock to plummet. The stock is almost double the price at which Twitter listed last year.

One other aspect I find interesting relates to what Twitter is, ie, how people now describe Twitter.

In media reports, you’ll see it described variously as a “micro-blogging service” – that moniker arose in the very early days of Twitter – or a “social-networking service,” both labels used in a BBC News report. It’s a “social network,” says the Telegraph. The FT calls it a “messaging platform” while The Wall Street Journal says it’s a “social media company.”

And Twitter? How does the company describe itself? From the ‘About’ paragraph in the earnings report:

Twitter (NYSE: TWTR) is a global platform for public self-expression and conversation in real time. By developing a fundamentally new way for people to create, distribute and discover content, we have democratized content creation and distribution, enabling any voice to echo around the world instantly and unfiltered. The service can be accessed at Twitter.com, via the Twitter mobile application and via text message. Available in more than 35 languages, Twitter has 271 million monthly active users. For more information, visit discover.twitter.com or follow @twitter.

Compare that to the mission statement on the Twitter corporate page:

Our mission: To give everyone the power to create and share ideas and information instantly, without barriers.

And note the latest user metrics on that page:

  • 271 million monthly active users
  • 500 million Tweets are sent per day
  • 78 percent of Twitter active users are on mobile
  • 77 percent of accounts are outside the U.S.
  • Twitter supports 35+ languages
  • Vine: More than 40 million users

Clear?

Just a bit less minimalist

Strokes

About a month ago, I made a big change to this website when I redesigned it and combined the blog with my business website, with both on the same single domain.

At the time, I talked up my strong feeling about a minimalist approach to a presence on the social web, doing away with all the clutter that tends to populate so many websites with widgets, ads, popups galore, and more.

If you observed that change and have visited this site since then, you’ll notice another change if you’re reading this on the site itself rather than via the RSS feed or syndication elsewhere.

I’ve reverted to a website based on the Genesis Framework – in my view, the best foundation for self-hosted WordPress sites – with the eleven40 Pro child theme presenting the content you see and enabling you to interact with it on whatever device you use to come visiting. It’s HTML5 and mobile-responsive.

Why the change?

In short, Decode, the minimalist theme I switched to, presented a number of challenges that I couldn’t resolve without either getting to know more about PHP coding and CSS than I was able to commit time to, or hiring an expert.

There was a major issue surrounding how the site worked on mobile devices. I was hearing about odd experiences some people had reported where browsers on iPhones and iPads crashed when trying to load content from the site.

To fix that in the short term, I installed the WPtouch mobile theme, which did the trick. It’s a great addition to any WordPress site but not what I wanted as it needed more work that I was willing to give time to to make it behave consistently with the primary look-and-feel of the Decode theme.

I’d also experienced some weirdness with sudden changes in formatting to content after it had been published.

I’m highly confident that none of those issues will arise with the Genesis Framework-based foundation now in place.

In preparing this site today for relaunch, I was greatly aided by using a terrific tool called Design Palette Pro, a premium WordPress plugin designed to work with Genesis that lets you customize many appearance elements of a Genesis child theme without having to edit any code.

So here is version 6 of NevilleHobson.com! Hope it works for you – let me know if it does or not.

The meaning of 100 million Facebook likes

ShakiraColombian singer Shakira has set a new social media record after becoming the first person ever to reach 100 million likes on Facebook. The milestone has formally been recognized by Guinness World Records.

In its report, TheJournal.ie says that the only other page which has more likes than hers is Facebook’s own Facebook page. And 100 million likes has a sharp perspective when you consider it from a metrics point of view as The Wall Street Journal does:

[...] That’s 8% of Facebook’s universe of 1.28 billion monthly active users around the world.

The Journal also notes in its credible report that along with her Facebook fame comes spam, fakes and other headaches, undoubtedly needing an army of overseers to run the Shakira brand on Facebook (and elsewhere on the social web).

And Shakira herself – what does she think of this pinnacle of fan love? Guinness World Records reports her saying in a video message:

“I am honoured and humbled about reaching this milestone, because it’s one that’s purely about connecting with my fans from all parts of the globe. Social media and specifically Facebook has helped myself and other artists bridge the gap between the stage and the audience.  We’ve been able to create a conversation, where both artists and fans can share with one another their thoughts, achievements, the most important moments of their lives in photographs and videos, and have a real, ongoing dialogue.”

And Facebook?

Justin Osofsky, Facebook’s VP of Global Operations and Media Partnerships, said: “The combination of Shakira’s global appeal, her authentic engagement with fans and her use of Facebook as a multi-media platform has positioned her to achieve the incredible milestone of 100M fans.”

Creating a conversation, authentic engagement and a platform where those things happen. A powerful combination.

Take a look at Shakira’s Facebook page (that now shows well beyond 100 million likes).

Would you be happier without Facebook?

99 Days of Freedom

If you were not happy – outraged, even – with how Facebook behaved over the mood experiment they conducted last month, an experiment from a Dutch creative agency might be right up your street.

What Facebook did was manipulate information posted on nearly 700,000 users’ home pages that showed that the social network could make people feel more positive or negative through a process of emotional contagion.

Now Dutch creative agency Just has come up with 99 Days of Freedom, a call to action for Facebook users to demonstrate their disapproval of Facebook by switching off from the social network for 99 days.

[...It] asks users to refrain from Facebook use for a period of 99 consecutive days and report back on how the hiatus affects personal notions of happiness. The initiative’s website, 99daysoffreedom.com, provides a set of simple user instructions, which include posting a “time-off” image as a profile picture and starting a personalized, 99-day countdown clock. From there, participants are asked to complete anonymous “happiness surveys” at the 33, 66 and 99-day marks, with results posted to the initiative’s website as they’re compiled. The initiative will also host a message board through which participants can post anonymous accounts of how an extended break from Facebook is impacting their lives.

It’s a kind of mood experiment in reverse.

It’s also a cool initiative that gets Just a lot of attention for its imagination and creativity, as well as for the initiative itself. If it gets traction, it could focus considerable public attention on broad issues of online behaviours, manipulation of those behaviours by social networks, what companies do with our personal information, how we spend time online, etc – all hot topics today and great ones for ongoing public debate and discussion.

In its press release announcing 99 Days of Freedom, Just also talks about the amount of time people spend on Facebook:

[...] According to Facebook, its 1.2 billion users spend an average of 17 minutes per day on the site, reading updates, following links or browsing photos. Over a three-month period, that adds up to more than 28 hours which, the initiative’s creators contend, could be devoted to more emotionally fulfilling activities – learning a new skill, performing volunteer work or spending time (offline) with friends and family.

The subjective conclusion will appeal to many users, to be sure. My view is that many other users will be quite comfortable from an emotionally-fulfilling perspective – or any other one – with spending 28 hours on Facebook during any three-month period.

You could apply the same argument to Twitter, Google+, LinkedIn… Horses for courses.

Still, 99 Days of Freedom is an interesting experiment and it will be equally interesting to see how it goes, how many people sign up to do it – 16,748 when I looked at the website just now – and what conclusions arise at the end of each person’s 99 days. I’d love to see a brand try it!

Give it a go?

Enjoy life!

 

Yo: Possibilities

Yo

Have you tried Yo yet? The new social messaging app for iOS and Android devices has certainly attracted a great deal of buzz this past week.

I first heard about Yo in an FT post on June 18 that described it thus:

[...Yo is] messaging without the messages. All you can do with Yo is send a friend a notification saying “Yo”. The entirety of the app is a list of friends’ usernames, one tap of which sends them a “Yo”, which arrives with a cheeky intonation of the colloquial greeting and the name of the sender. Each Yo can mean whatever you want it to mean – or have agreed beforehand with your friend. Ultra-simplicity brings wide-open scope for personal interpretation.

So what would you do with Yo? Here’s what the developers say in the description about Yo in Google Play:

The simplest & most efficient communication tool in the world.

Yo is a single-tap zero character communication tool.

Yo is everything and anything, it all depends on you, the recipient and the time of the Yo.

Wanna say “good morning”? just Yo.
Wanna say “Baby I’m thinking about you”? – Yo.
“I’ve finished my meeting, come by my office” – Yo.
“Are you up?” – Yo.

The possibilities are endless.

We don’t want your email, Facebook, there is no search, no nothing. just Yo.

Open the app, tap Yo, that’s it.

It’s that simple. Yo

Minimalism in mobile social messaging – I find the idea quite appealing!

Not everyone does, though. Writing in TechCrunch, for instance, Sarah Perez says, “Yo is a fad. Nothing more.” In my Twitter circle, Rachel Miller says, “Certainly simple to use, but baffling as to why you would!”

While it may well turn out to be a fad ultimately, and may continue to baffle in the meantime, Yo is attracting more than just buzz in the form of investor promises of $1.2 million. It’s also reportedly been hacked, but that doesn’t seem to bother its fans (currently at least 500,000 users according to Business Insider).

And then there are brands and marketing.

Brand Republic reports that Yo’s Israeli inventor Or Arbel has a big imagination:

[...] Arbel claims brands could get involved in a number of ways including Starbucks using it to let customers know when their order is ready, airline Delta informing people when their friend’s plane has landed, and Gap informing people when they have a sale on.

Someone will do one or more of those things, you can be sure. Whether it’s any of the companies Arbel cites remains to be seen.

Potential to keep an eye on.

By the way, the word ‘Maxroom’ in the screenshot above is my Yo handle. Say Yo! if you’d like to connect.

#FutureComms14 has what you’re looking for

#FutureComms14

Just one day to go until #FutureComms14 takes place in London, on Wednesday June 18.

If you’re looking for answers to questions like:

  • Where is PR, communications and social media heading?
  • What does your brand need to do to adapt?
  • Content marketing versus the Big Idea?
  • Do brands need to think like media companies?
  • How can brands tell more compelling stories?
  • Which skills, technologies and platforms are critical for success?
  • How can we measure more smartly?

…then this one-day conference is the event for you.

“FutureComms14 brings together some of the world’s leading speakers and practitioners to inspire us to rise to the communications challenges of today and the near future,” declare Mynewsdesk, organisers of this event, who expect more than 200 people to be there.

To get a good sense of what you can expect on the day, check out this recording of a Google+ Hangout on Air panel discussion last month with some of the speakers – Deirdre Breakenridge, Danny Whatmough, Paul Sutton and me, Neville Hobson.

And check the tweetchat from last week. Fast and furious! Still time to get your ticket

Hashtag: #FutureComms14