So, I just found a website that supports personal publishing with extensive comments, a la blogs, and allows you to make explicit connections to other people, a la Friendster. It also takes those ideas a step further — it utilizes your network to recommend content that will likely be of interest to you. And it does all this within a working business model which earns money for the site, while also being able to allow the writers a cut of the proceeds (similar to Google’s AdSense program).
Ready to learn who it is? Got a pen handy?
(cue “waaah-waaah-waaaaaaahhhhhhhh” sound.)
(For those who don’t know, I was Creative Director of Epinions from October 1999 to November 2000. You have me to blame for the logo and color scheme (designed by MetaDesign under my watch), as well as the design of the member center. Everything else has changed dramatically since I left.)
Yes, Epinions is “just a product buying guide”, though that wasn’t always going to be the case. A product buying guide was seen as a worthwhile proof of concept for a new model of supporting personal publishing. We figured that Epinions would evolve to include all manner of writing. The acquisition by Dealtime suggests that such a direction is pretty much dead.
While I get the parlor game aspect of Friendster, I’ve never quite understood the real value that people see in it. A personal network for network’s sake doesn’t provide a whole lot, except maybe introductions to people you want to date. In contrast, Epinions’ Web of Trust was designed so that your personal network would help you find and filter the massive amount of information available to you, providing you with content you’d be more likely interested in. (There were issues with jumpstarting the effectiveness of the Web of Trust — its impact was minuscule at the outset, and people didn’t really see the value.)
The other thing that Epinions offered was a financial model to pay writers. The idea is that if you wrote a review, and a lot of others read it and found value in it, you would be compensated with a cut of the advertising revenue that that page received. This, of course, requires the world to read and write within the domain of Epinions.com. I was asked in an interview why I had stopped writing movie reviews on my website, and instead did them all on Epinions:
“Why simply give away the work of writing a review when I can maybe earn some cash, maybe even recoup the cost of the ticket or rental? … If I want my thoughts on movies to be read by as many people as possible, it makes more sense to put it in a place devoted to movie information, such as the Movies area of Epinions, than on my personal site.”
The success of Google has dramatically reduced the meaning of “place-ness” for types of content. Through the Google search engine, you can find relevant writing on the entire web. And writers can utilize Google AdSense ads to monetize the traffic that Google sends you. As Matt pointed out, with a blog and some Google Ads, you can make some real money.
I don’t quite know the reason for this post. It’s not to say, “Harrumph! It has all been done before!” Because, well, Epinions hadn’t done it the way Friendster, Google, blogs, RSS, etc. have. It was something of a pioneer that couldn’t quite focus on what it’s essence was… Until it was decided the essence was “product buying guide.” This made short-term financial sense (it’s comparatively easy to make money sending people to merchants), but you have to wonder at what long-term vision cost.