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finals? summer starting?
both are so large now, cyclical stuff will start to set in. particularly w/ facebook.
Part of what's bad about experiencing a long, awesome increase in traffic like MySpace has is that you get cocky. You don't update things that need updating, you don't lock down things that need locking down. You kind of just do what you can and ride the wave. Every major competitor of MySpace has been doing a lot more than that for the last year, so theoretically, minus the audience, these competitors are already in better shape.
I checked MySpace traffic usage data as estimated by Hitwise U.S. usage data, and the dip you see with Alex is not present. Then again, I was only looking at U.S. usage data. There, in fact, could be a dip outside of the U.S., but it's a very U.S.-centric site. Back to my original point: Alexa is great and it's free, but it represents Alexa users.
You'll notice that most of the MySpace defenders focused on the chart and explanations about seasonality, etc. But no one's denying the substantive issues that point to MySpace's vulnerabilities.
MySpace has peaked. It has hit a wall that is a combination of people realizing it's not really that cool after all, and (most importantly) the incredible frustration one feels when MySpace craps out - an almost daily occurrence.
You can't have one of the biggest sites on the internet if it's down several times a week. Instead of rushing to add useless features, they should have been strengthening their infrastructure. Now they will pay for that mistake, just like Friendster before them.
That being said, MySpace may have reached its peak, at least in the US. Analysts should keep in mind though that International markets are just starting to be unsing social networks, which might change the game.
"Do your children wear the same clothes, shoes, hairstyles to school that you did?"
It also doesn't help that the most prominent folks in many communities speaking to parents about MySpace, and blogging happens to be law enforcement officials. When you think about it, that's not only bad, but sad. Bloggers need to be educating others about this Web 2.0 space, not agenda-laden law enforcement folks.
Spring-break-Spring-shmake, the downward trend coincides with the MYSPACE IM launch - if you understand MYSPACE, you will expect PV's to be canobilized by IM because most MYSPACE pages are "chats" - so, an "offline" chat channel in the MYSPACE community means that (some of) the conversation moves off the web-pages and into IM. The reach curve above seems to support this theory - it also seems to be hitting some upper bound which may be the big story here. I'm not an insider, so don't have the data, but to me it looks like the IM tool's seen positive adoption - which is probably a good thing from a cost control perspective.
All this discussion about teens and Guy's asked 6 of them? That's a good starting point and I need to go see what he came up with but it's just that, a place to start developing questions and figuring out where to go. It doesn't tell us what's happening beyond the world of those 6 kids. But at least Guy's talking to actual teenagers.
Until we have a clear demographic breakdown of Alexa's installed base, it seems totally nuts to think that it would have any strong relationship to teen usage. Why would a teen download the thing in the first place? If they're on a family computer where someone older installed it, sure. But we don't know and there's nothing cool about Alexa from a teen's perspective, I would guess. But then we're all guessing from what I can tell.
But if it is logical that some teens will move on and the older user base of MySpace (like myself who, like a lot of music folks, are still finding it useful) is already annoyed at the tech problems, MySpace has serious problem ahead since I don't really see MySpace addressing any of these concerns.
Adding videos that I can't watch on my Mac just isn't enough. I get the feeling that they're focusing on the monetization issue at the expense of the product and I doubt I have to explain myself to anyone that agrees with that point.
It's fascinating to watch, that's for sure.
Bebo and Nexopia are not taking users away from MySpace. No one is leaving MySpace for these sites. Bebo is big in Ireland and New Zealand, where MySpace was never dominant. Nexopia hasn't grown in a year. Check the traffic charts.
People love to cite Friendster's demise as the example of teens "fickle" behavior. Big news #1: teens didnt use Friendster. It was 18 & up and teens were barely aware of it by the time it peaked and "went away." Big news #2: Friendster peeked at a paltry 1.5 million US uniques per month before it leveled out and now sits at 1 million US users a month. Myspace on the other hand, has grown its US uniques every month and is now at a whopping 49 million US uniques. It's a little harder to disappear when you have 49 million people instead of 1.5 million. These stats come from Nielsen netratings, a professional paid traffic search guide. It tells you a lot more than Alexa, and its more accurate.
MySpace is here to stay.
Right now, the biggest usage of MySpace is comming from teens. It's a fad, everyone has it, everyone talks about it. It's what's cool and popular. But as the current teens who have it grow older, they'll start using it less. And the younger generation won't jump onto MySpace as quickly. Younger kids don't want to just copy what older kids are doing. They want to look for individuality from their older brother or sisters. Sure some might jump on the bandwagon because they want to be just like their siblings and such, but in reality younger generations are going to look for something BESIDES MySpace because MySpace isn't new and hip. It's so old and what the past generations used- they won't be a copycat
Just like fashions, MySpace will fade for the simple reason of the human drive for individuality. You can personalize a MySpace all you want, but as long as the older kids used to do it, it's not ganna be the same for the younger generation
-Kevin
http://capitalregionpeople.blogspot.com/2006/06...
It's frustrating to make 20 attempts to log in and it's worse to have to check daily to see if things are working on your site. The music and video issues are frequent and now with people figuring out the easy way to spam the system with fake accounts and viruses it may not be worth all the hassle that it takes to login to the thing.
They just started MySpaceIM but I can't see anyone signing up for it to use a new IM service when they can use AIM or Yahoo and programs like Trillian let you do both at the same time all in one smaller, non-spyware loaded program.
MySpace may just need to redirect and work on itself to fix the major turnoffs they have created themselves.
Rp