Yada Yada Nada?
Before delving into the world of social networking as a way to promote a higher ed institution, consider the marketing implications.
March 2007

It happened in November. At Stamats, we received our first RFP to help a college develop a webpage for Facebook. It was a harbinger of things to come. Now, every time I turn around, it seems like people are talking about social networking and its possible use as a higher education marketing tool.

But should colleges and universities make a foray into social networking?

Before we go any further, let's define social networking. The term was first coined in 1954 by sociologists to describe the process of how individuals connect and interact. The advent of the web (a term that literally implies "network") has dramatically changed how we create, use, and fuel social networks. In most cases, the terms "network" and "social media" can be used interchangeably.

According to the Pew Internet and American Life Project (www.pewinternet.org), which produces reports that explore the impact of the internet, a social networking site is an online place where a user can create a profile and build a personal network that connects him or her to other users. Members use these media to share opinions, insights, experiences, photos and video, and perspectives with each other. It's important to remember that this sharing is often unedited, instantaneous, and worldwide. In many cases, it is also unintended.

As soon as social networks become formal, predictable, or rule-bound, the membership tends to melt.

The purpose of these sites, simply, is to build community. They are, quite literally, a place for members to hang, to get to know, and to be known.

In the past five years, such sites have rocketed from a niche activity into a phenomenon that engages tens of millions of internet users. According to Pew, more than half (some 55 percent) of American youth ages 12 to 17 use online social networking sites.

There are literally thousands of social networks around the planet. Cyworld in South Korea claims 15 million members. Classmates.com claims 40 million. Reunion.com has 25 million members. Friendster has another 29 million.

For colleges and universities interested in social networking, the big two are Facebook and MySpace. Facebook claims 12 million members and MySpace claims 130 million.

Amanda Watlington, an online social media guru, says that what is truly astonishing is the creative effort plowed into blogs, podcasts, and vlogs (video blogs) by members. Every 24 hours, she says, visitors to the popular video search engine YouTube upload more than 65,000 new videos, and users view 100 million video clips per day.

Before we look at the marketing implications of social networking, I want to offer a handful of observations gleaned from my research and interviews with both college marketers and students.

Big numbers attract attention, but the reality is this: As a college or university, you are interested in only a very, very small percentage of that big number. The challenge, of course, is sifting out the small percentage of students and others that are interested in your message in a way that is effective and efficient. So far, no college has cracked the code.

There seems to be an "unwritten rule" of social networks: As soon as they become formal, predictable or rule-bound, the membership tends to melt. Edgy is king...and queen.

In 2005, Rupert Murdock purchased MySpace for $580 million. And in October 2006 Google purchased YouTube for $1.65 billion. These are serious investments by companies that are aggressively looking for ways to reap the benefits of that investment.

In most cases this means more advertising, typically banner or contextual ads. There have also been a few instances where social networking sites have sold the personal data of members. For the new owners, e-community seems to be synonymous with e-commerce. The news release announcing the YouTube purchase contained an important line: "Following the acquisition, YouTube will operate independently to preserve its successful brand and passionate community." Said one student, "Yeah, right."

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