I've been playing a lot recently with a new social bookmarking site called the StyleHive . (If you're asked for a login and password, the username is "hivedemo" and the password is "bumblebee) Before you make the obvious and snarky assumption such as "Fantastic, just what the world needs, another Web 2.0 Social Bookmarking Site ", let me explain why I think this is one is cool.
First, it's very graphical. One problem I have with de.licio.us and related Folksonomies is that they look like shit. Sure, function over form, simplicity and all that jazz, but the fact remains that their UI's blow. Here's My StyleHive Page . Looks a lot better, which brings me to my next point.
The Hive is shopping-focused. Like social networking software 2 years ago, there's been a huge proliferation of companies doing every flavor of tagging, community and user-created content. Underlying it all, is some value, but as we know, the business model for most of these folks is an acquistion by Yahoo.
Here's where I'm going with this. Recently, it's become interesting to rollup a bunch of popular blogs into networks like Weblogs Inc. -- the idea being that as a conglomeration, they manage to acheive enough scale to interest major advertisers. But their sales pitch to advertisers is still a hybrid of two opposing pieces of logic -- The first is an early adopter one " Blogs are where trends start -- 1 blog begets 10 blogs and so on and so on" and the second is a mass media one "We've stitched all these early-adopting fringe blogs together and now have the scale of Yahoo"
The problem is, as John Battelle beautifully points out in The Search that the further you get from the Search Box, the less valuable your advertising/eyeballs/online real estate is. That's because when someone's doing a search is often at that magical moment where they're ready to buy -- they enter the name of the thing they want in the search box, and . . . . that's when you advertise to them. It's the power of owning the user at that moment that allows Google to deliver the killer feature to advertiser, Cost-per-Click pricing.
Now obviously none of these Web 2.0 services are in that enviable type of position. In fact, most of them are hard pressed even to get strong CPM rates. But for the few that have really compelling audiences, StyleHive has the potential to stand head and shoulders above the crowd in terms of value. If I have the choice to advertise on say, Digg or the StyleHive, the Hive is much more interesting. Why? Because people will be tagging and sharing the web and forming communities around the stuff they aspire to own. And, if the folks at the StyleHive exectute correctly, those people really will be the precious tastemakers that brand marketers am desperate to reach. And because it has viral characteristics and a mainstream aesthetic, they may actually be able to achieve scale.
If they don't become huge, they'll at least go down in history for having created the first Web 2.0 service that my wife likes. Take that, Flickr .