140Char

As an Englishman (albeit one with a degree in American Studies), I’ve followed the U.S presidential nominations with a fairly casual interest, and with a slight leaning towards one candidate, but not enough that I’m going to talk about it.

Instead, I’m going to proclaim this the ‘Twitter Election’, and the sign of how news and reporting is changing for the better. First up is Twitter’s own Election 2008. It’s fascinating to watch the opinions and messages appearing every second, although the fact that it seems to be based around the keywords of candidates names means I’m tempted to tweet about McCain oven chips and see if it appears!

What’s interesting is how public service broadcaster C-Span has integrated Twitter, Blog coverage, Video, a Debate timeline and a keyword list into the ‘Debate Hub‘. It’s a great example of how ‘aggregation of sources of information provides a starting point for a media company to add it’s own expertise and reason to provide something of value.‘ Sorry, thought that sentence was worth highlighting, although other people have been saying the same thing for a while.

I’ve talked in the past about Twitter providing a news mechanism that trumps mainstream media for events like earthquakes. And I’ve taken a look at what mainstream media needed to do to utilise the new tools available or become increasing irrelevant.

But events like the death of Heath Ledger, or the various earthquakes around the world had a much more striking effect for those that were on Twitter at the time than for the majority of non-microbloggers waking up hours later and being perfectly happy with the coverage they were broadcast - because they weren’t up at 2am to witness how radically different it could be.

This time, it’s an event which has been flagged up in advance, allowing the word to spread - and it’s increasingly being adopted by various mainstream media sources to a greater or lesser extent, allowing far more people to see the benefits of microblogging over traditional coverage.

And I predict we’ll see more and more of this in the coming months, even with controversies like the decision from an U.S. newspaper and website to Twitter live from a child’s funeral. Whether or not it was the correct way to treat that particular situation at the current time, it’s a sign that the boundaries are shifting, and going past simply acknowledging Twitter coverage. And for microblogging to hit the mainstream, the boundaries need to be a long way further down the road than the mass adopters.

I think it’s also the reason for Twitter moving towards grouping, as much as for users. It’s why I was interested in the previously posted quote by Ev Williams, saying that groups are coming. I don’t think it’s necessarily about just Twitter for enterprise as an inward facing tool. I think in Twitter’s case it will also be about groups and tools for outward facing use by companies, which is why they’ve been seemingly slow to respond to Yammer, Present.ly etc.

It’s about raising routes to monetise from enterprise, but also providing the tools to grow the userbase to drive significant revenue. Facebook does OK at 100 million active users per month - Twitter has about 2.5 million registered used. And that mainstream exposure could be the push it needs.

It took me a couple of passes to get the value of Blip.fm as opposed to existing streaming radio online like last.fm. At first, for some reason, it wasn’t running properly and playing each track in turn for me, which didn’t help! But now it’s becoming a great way to discover new music recommended by my friends, even if I normally revert to streaming my last.fm library for longer periods. The two compliment each other is the same way as someone like John Peel complimented by record collection, but I couldn’t always make it through an entire show before some obscure German techno forced me to change radio station.

Blip.fm helps me find new music by effectively allowing users to Twitter with each song they choose, giving it some context, or publicly proclaiming their love for it etc. And I can aggregate these choices into my own list, give ‘props’ to other users for good choices, and filter the overall stream via my friends, just as I would with Twitter.

Where it might give a clue to revenue streams for microblogging is in offering the direct link to buy any track as an MP3 via Amazon. So if I like a particular track or artist, the opportunity to make a quick impulse purchase is always there - and it’s backed up by allowing me to listen to the track based on recommendations by my friends.

The only weakness is that not every track is available, and I need to be aware that I want to listen to this track offline, in my car, on an Ipod, at the time that I’m experiencing it…or be able to find it easily, and at the moment there’s no way to search my Playlist, or add individual songs to my Amazon wishlist.

But if what if this model was more widely applied - to offline magazines and books for example. And to products as well? One Twitter Affiliates scheme which wasn’t tied into a sole retailer, but operated as an aggregation service to allow me to recommend almost anything, and offer a direct link?

It’s probably the quickest and simplest method of monetising the Twitterati. And people can be persuaded to link their recommendations to returns for themselves or even for charity, as something like Squidoo shows.

It would be possible to test the theory if individuals listed book recommendations etc via existing Amazon etc affiliate accounts, but this may lead to confusion and disappointment if it isn’t flagged up as such before an unsuspecting user follows the link - but Twitter and the extra 20 characters could flag referral posts quickly and uniformly.

The only question for me is who tries it first - Twitter, or an enterprising external team? Anyone know a good developer?