I came across this article and think its a good read. There are some interesting predictions here of what is going to not be around after 2009, one of the big ones arguing that Twitter better watch its behind. One of the reasons they target Twitter is that Twitter has no business model aka how on earth is the Twitter company itself actually going to make money? I have seen this argument many times recently and its a serious question to ask. In that article I just linked they argue that Twitter is just waiting to be bought up by some larger company and while this has worked many times in the past for other companies is this really a business model?
I myself have said a few times recently that I question Twitter's vitality. The basic premise of microblogging is here to stay but it just doesn't offer what other social networks can offer and its big downside is that you have to be a member of Twitter (the article also argues this point) But for me it seems so artificial. To say you have 500 followers, how about 5000? Are they really listening? Its rather easy to inflate these figures. Do they really mean anything? Do they have weight? Seriously ask yourself these questions as they relate to real estate. Now I would argue they are perfect if you just want a large following of people and your business is just getting traffic. If you need large amounts of traffic and your site runs on ad revenue by all means, Twitter away. But for real estate professionals who rely on local business is Twitter really going to help you? Maybe, but probably not. But it sure is fun right? But thats my point. Its fun for now but in a year or even less will you care? I don't think so. Not to mention as bandwidth costs come down sites such as seesmic might gain steam. 140 characters will seem antiquated as sending Morse code does today.
Anyways definitely read the article because it might give you direction for next year as far as your own business model. Sinking hundreds of hours into something that is most likely to fail seems hardly like forward thinking to me.
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