February 10, 2012

Our metrics are failing

The most amazing thing about Leonard Cohen being number three on Billboard is that it only took 41,000 records to get there.

Adele’s been at the top end of the charts for 19 weeks now, but number one – Lana Del Rey – got there with 76,000 copies of her ‘Born To Die.’

Twenty years ago, record labels could buy truckloads of singles from key record shops to build momentum and heave records into the charts.

With no suggestion that Right Said Fred played the system, they topped the charts 20 years ago with ‘I’m Too Sexy.’ The song went platinum in the US, signifying over two million copies sold. I know that’s comparing albums with singles, but even the album (‘Up’) went gold, selling half a million copies.

The numbers are so much smaller now, but the cultural stakes are just as high. Are we in a time when it’s easier than ever to game the system?

In the last magazine circulation figures, FHM’s numbers halved. It’s now lower than The Monthly. But across the board, from Masterchef to Big League, magazine circulation was down in the final six months of last year compared to the same period a year before.

Australian Geographic, which dropped from 121 to 95 thousand in the same period, had more than 200,000 subscribers when it was sold to Fairfax in 1995.

There’s a lot of criticism around of social metrics like Klout, PeerIndex and Alexa. But clearly many old metrics are failing.

There are so many datasets: Spotify, last.fm or Rhapsody listens; pinterest, Facebook or Digg shares; views, downloads, tweets. Aggregating measures is a fraught process, at best, but in our splintered world don’t we need a way to make sense of it all?

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Talking deals not details at Digital Sydney

June 15, 2011

Sydney’s new approach to promoting a digital economy kicked off a week or two ago, and with architects, designers, lawyers and stacks of start up entrepreneurs in the crowd, I was glad to be there. (There was even an oversized cheque, for Ascender for their Digital Sydney branding job) But it ended up being a [...]

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Can loved up evangelists learn to reflect?

May 27, 2011

I’ve been on Twitter long enough that my followings have built up cumulatively, a few a week, to something that looks impressive on a cursory glance. Long enough that it’s really a big part of my life, and that I sometimes put hashtags into emails or refer to people by their Twitter handles instead of their names. Long enough to see it appearing in my job description from time to time. But… talk about Twitter tends to be either reductive criticism by people who don’t get it, or loved up recommendations from social media evangelists, which is what we all become, eventually.

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Remember #Pepsigate?

May 18, 2011
Thumbnail image for Remember #Pepsigate?

What’s new to me is the potential for science blogs to be a serious alternative to the often superficial coverage of science in the mainstream media. The panel talked about the way Nature/Science dominate their respective coverage. One of the most attractive things about science blogging is how by sharing ideas, by articulating ideas and by being exposed to ideas, it creates a fertile space for innovation.

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[Reading #8] Discounting, data stories and long journalism

May 1, 2011

1. Discounting So discounting is what retailers do – at Christmas, to seize the momentum of buying ahead of Christmas, and, in June, to get cash rather than debts on the books ahead of the end of financial year. But it’s something we all do. Think about the choice between watching TV or doing exercise. [...]

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