Member Overlap at Various Social Networks

With the rise of Facebook and the arrival of the OpenSocial ecosystem, web site operators are left wondering about prioritization. Which social network(s) should I embrace, where should I invest my time, what site(s) offer the biggest bang for the buck if I build an application?

The folks at Compete have analyzed member overlap at various social networks and explain their findings in this blog post. The graph below shows those interactions.

Compete Social Network Member Overlap

Here are some of the highlights:

  • 20% of MySpace members are also Facebook members.
  • 64% of Facebook members are also on MySpace.
  • Bebo, Hi5 and Friendster all share more than 49% of their members with MySpace.
  • LinkedIn shares 42% of its members with Facebook and 32% with MySpace.

What it means: From a sheer size point of view, Facebook and MySpace are interesting but operators should not underestimate the reach of Bebo, Friendster, Hi5 and LinkedIn. Some of these social networks are very strong in different parts of the globe and, depending where your user base is located, could make interesting platforms for your applications. In addition, LinkedIn and Viadeo reach a business-oriented user base.

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Google is Spearheading the Launch of an Open Social Web API

Following this blog post yesterday about my speculation that Google is building a mobile development platform, the whole blogosphere announced this morning that Google is leading an initiative called OpenSocial that will see the launch an open social web API. This new API will allow social networks and application developers to work together using a set of standardized instructions. Partners currently include Google’s Orkut, LinkedIn, Hi5, Friendster, Salesforce.com, Oracle, iLike, Flixster, RockYou, and Slide.

Opening the Social Graph Barcamp

Flickr photo by magerleagues.

As Marc Andreessen said this morning on his blog,

This is the exact same concept as the Facebook platform, with two huge differences:

  • With the Facebook platform, only Facebook itself can be a “container” — “apps” can only run within Facebook itself. In contrast, with Open Social, any social network can be an Open Social container and allow Open Social apps to run within it.
  • With the Facebook platform, app developers build to Facebook-proprietary languages and APIs such as FBML (Facebook Markup Language) and FQL (Facebook Query Language) — those languages and APIs don’t work anywhere other than Facebook — and then the apps can only run within Facebook. In contrast, with Open Social, app developers can build to standard HTML and Javascript, and their apps can then run in any Open Social container.

TechCrunch explains in more details:

OpenSocial is a set of three common APIs, defined by Google with input from partners, that allow developers to access core functions and information at social networks:

  • Profile Information (user data)
  • Friends Information (social graph)
  • Activities (things that happen, News Feed type stuff)

Hosts agree to accept the API calls and return appropriate data. Google won’t try to provide universal API coverage for special use cases, instead focusing on the most common uses. Specialized functions/data can be accessed from the hosts directly via their own APIs.

What it means: this is a major announcement, maybe the biggest announcement of the year. Standardizing the social web will go a long way towards the explosion of social as a key element of the Web operating system and one more step towards the web becoming a gigantic word of mouth machine. You’ll want to embrace these standards.

Update: According to AlleyInsider, MySpace will announce today that they join the OpenSocial “alliance”

Update2: Techcrunch reports that blog software publisher SixApart is also joining. Bebo also.

Distributing Your Content and Services Leads to Innovation (Live from Web 2.0 Summit)

This morning, at the Web 2.0 Summit, Max Mancini from eBay was talking about “The Hows and Whys of Distributing Your Content and Services”. He discussed the importance for companies of opening up their content and services to the rest of the web and of avoiding the walled garden mentality. In passing, he mentioned the following platform statistics:

  • Facebook: 90,000 developers, and 5,000 applications since May 24, 2007
  • Google: “tens of thousands of active gadget developers”
  • Salesforce.com: 55,0000+ developers
  • eBay: 60,000 developers, 9,000 applications

He also said that in Q2 2007, of all new listings posted on eBay, over 55% of them came from web services tools. And a third of those came from third-party built applications.

What it means: by opening up their platforms to third party developers, these various players have increased their speed of innovation by “outsourcing” some of it to outside players. eBay is often too big to go after niche markets but developers can make a profit because they’re smaller/quicker. In return, the ecosystem gets stronger and customers/consumers benefit from it. Can you also imagine the cost to build all those applications? eBay takes a look at which applications are being used and will acquire smaller tech firms when third-party developed tools become core. So, more innovation, speed to market, cost savings and a stronger ecosystem. Can you ask for more?

Distributing Your Content and Services Leads to Innovation (Live from Web 2.0 Summit)

This morning, at the Web 2.0 Summit, Max Mancini from eBay was talking about “The Hows and Whys of Distributing Your Content and Services”. He discussed the importance for companies of opening up their content and services to the rest of the web and of avoiding the walled garden mentality. In passing, he mentioned the following platform statistics:

  • Facebook: 90,000 developers, and 5,000 applications since May 24, 2007
  • Google: “tens of thousands of active gadget developers”
  • Salesforce.com: 55,0000+ developers
  • eBay: 60,000 developers, 9,000 applications

He also said that in Q2 2007, of all new listings posted on eBay, over 55% of them came from web services tools. And a third of those came from third-party built applications.

What it means: by opening up their platforms to third party developers, these various players have increased their speed of innovation by “outsourcing” some of it to outside players. eBay is often too big to go after niche markets but developers can make a profit because they’re smaller/quicker. In return, the ecosystem gets stronger and customers/consumers benefit from it. Can you also imagine the cost to build all those applications? eBay takes a look at which applications are being used and will acquire smaller tech firms when third-party developed tools become core. So, more innovation, speed to market, cost savings and a stronger ecosystem. Can you ask for more?