Sunday, December 28, 2008

How newspapers can optimize use of social media

Martin Langeveld writes:

Why is it important for newspapers to get into social networking? Basically, because of Metcalfe's Law, which says that the value of a network is proportional to the square of the number of nodes, or users, on it. A news site that just delivers news to readers, uni-directionally, is not a network. Once you do build a network with good interactivity, the amount of traffic on it grows exponentially, much faster than the number of users does. To readers, the value of this lies in the connections made, the content shared, the community created. To the owner of the network, in turn, it will leverage much greater revenue potential.

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