Loic Le Meur takes a stab at predicting Twitter’s future and lists 30 predictions on his blog. Here are some related to local media:
- “It will reach masses of people”. Reaching masses of people means “mass media” but with a strong local tangent.
- “Status updates will be open across social software. All social software will have status updates”. I make the same claim in the “perfect local media company” presentation I’m doing at the Local Social Summit tomorrow.
- “We will laugh thinking we were updating them all manually. Location will be one of the most widespread status update”. From a local point of view, expect mobile devices to ping Twitter with our permission.
- “Live reviews of any place and product will deeply influence it though”. Ah! Couldn’t agree more. This is the biggest opportunity and threat for traditional local media.
- “Promos by brands and retailers will have big success for last minute deals”. This will be the core monetization model of real-time conversations and search for local media. Newspapers & coupon companies are already well positioned for this kind of product. Directory publishers not so much.
- “Talking to shops and restaurants via Twitter will become standard and will get opt in coupons as we enter a shop, based on location”. This is the natural evolution for small businesses. First they will listen, then they will engage and offer promos.
- “Hyperlocal news sites with Twitter geotagging feature”. Obviously, Twitter will be a powerful broadcast mechanism for local news.
- “Google will have its own Twitter and won’t acquire Twitter”. This means traditional media publishers will have to contend with two (three if you count Facebook) major worldwide competitors (or coopetitors depending how you see the world).
Le Meur is also the organizer of the LeWeb conference happening in Paris in December. I will be attending the conference as an invited blogger.
3 thoughts on “Twitter's Future According to Loic Le Meur”
At least one of these assertions is a righteous one : “Google will have its own Twitter and won’t acquire Twitter” ; unless it could be “Google is making its own twitter already” , by modifying extensively GoogleReader (but in the Google way : you have to be curious to discover and use them, and no communication about it for now) and popping up Wave (which is having all the media frenzy) .
not sure about Twitter yet, but I am at least testing it out now — but people can follow me at http://twitter.com/KenYPTalk