Peter Krasilovsky reports today about Yahoo Exec VP Hilary Schneider’s keynote at the Kelsey Local ’07 conference this week. Schneider…
emphasized that the company is really zeroing in on local to play a major role in Yahoo’s growth plans. Local search’s share of overall search within Yahoo went from 11 percent to 14 percent in 2006, and local search itself grew 28 percent in the last four months, per ComScore.
Yahoo divides local as:
Further:
Yahoo Local itself is pretty well built out, with 6,000 city pages and 80,000 zip codes. But it only has 600 neighborhoods. “There are obviously many more than that,” says Schneider. “ We have a long way to go.”
Yahoo looks at the local market as:
That title is a clever quote from Britt Blaser’s latest post. Thanks to David Weinberger for pointing in that direction. Blaser writes:
The People Law trumps the Power Law. There are five principles I’m playing with lately:
1. The size of your audience confers limited power
2. A network’s value is the square of its nodes (Metcalfe)
3. Network nodes are significant only when they’re verbose
4. Most conversation is among nearby nodes
5. Only interactions count, and the richest count most
I recommend a visit to check out the charts and graphs and his detail… good stuff. Most of these points jibe with what we’re finding with Front Porch Forum. E.g., under point three he states that the purpose of online social networking is face-to-face interaction. That’s what Front Porch Forum is all about… and it works because the people on the online network by definition live in the same neighborhood.
Looks like a great event shaping up next week… all about local online: DRILLING DOWN ON LOCAL ’07 – The Annual Silicon Valley Summit. Organizer Peter Krasilovsky blogs about it here. Most of the mainstream heavy hitters appear to be on the agenda. I wonder how many locally based entities will attend and/or speak vs. national and global efforts that deliver “local” from afar?
Put another way, how much “local online” is delivered by local business (and other entities)? Might be an interesting question for the good folks at the Business Alliance for Local Living Economies, the Institute for Local Self-Reliance, and my friend and author Michael Shuman (Going Local, The Small-Mart Revolution).
Regardless, I wish I could be there next week… sounds like a powerful conference.
David Wilcox writes from London this week about how nonprofits, associations and trade unions are surrendering ground to social networking websites. Reminds me of online citizen journalism taking a bite out of newspapers. Wilcox:
It used to be that you joined associations because it was a way of meeting like-minded people and getting help, facilities, information and other things difficult or costly to organise for yourself. These days it is much easier to find people and resources online, and to mix and match these assets into project teams, communities of practice, and informal networks.
Further, he cites a forthcoming report from the NCVO ICT Foresight team:
The connections that ICT facilitates suggest that some organisations may increasingly be bypassed and that power may shift away from top-down hierarchical organisations and towards more fluid and participative networks where there is less need for a centralised ‘bricks and mortar’ coordinating organisation.
Leon Benjamin, author of Winning by Sharing, is even more explicit:
I think the problem is leadership. The reality is that leaders of VCOs and NGOs aren’t equipped to lead in the 21st century’s networked economy. And this isn’t their fault, but they need to accept help from people who can create the conditions that enable leaders to emerge, and then step aside. This isn’t their time now.
Just before he died, Peter Drucker said at Davos in Switzerland, “community-building talent is the single most precious resource in the modern world.” Let me briefly explain why.
Online community service poviders like Ezboard and CommunityZero, and Bebo and MySpace, to a certain extent have created leaders who in some cases, have literally started movements, with huge numbers of supporters and advocates. EzBoard has over half a million discrete ‘clubs’, each with a leader, covering a vast array of subject matter. These leaders often deliver an experience that enriches people’s social and professional lives. More so than the associations and unions that are supposed to serve them. These are our leaders of the future.
Smalltown.com landed $3M in new funds recently to ramp up it’s model of local online. Peter Krasilovsky reports:
Smalltown [is] an IYP site with social aspects via reviews, calendars and (now) Top 10 lists. Five months after launching SME-oriented sites in San Mateo and Burlingame, Smalltown has announced three new Bay Area locales, added video uploads, hired a VP of Sales, and begun a Google campaign.
This is a very interesting effort:
Usage-wise, Rucker says he’s got 3.5 percent of the launched communities visiting on a weekly basis. About 1.8 percent have registered, which gives them the right to review sites, etc. Rucker is aiming for a registered base of three percent.
After six months, Front Porch Forum has about 17% of Burlington, VT registered.
And I just heard that i-neighbors has a new version of their service up and running, although I don’t have any details.
Ghost of Midnight is an online journal about fostering community within neighborhoods, with a special focus on Front Porch Forum (FPF). My wife, Valerie, and I founded FPF in 2006... read more