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« The end of paid, the end of free | Main | Will code 4 food »

Social network targeting problem

Interesting that MySpace has been able to up its click-through rate by 80% by targeting ads more closely to its users when, according to a press release I just received from Webitpr, a third of social networking users falsify their personal details due to privacy concerns. What commercial value does a social network bring to the table? Deep insight about its users. Which value becomes...rather questionable if they're making up their details over privacy and ID-protection concerns. Oh dear.

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Are the two reports comparable? One is saying users enter fictional information on their identity in order to prevent ID theft - I would assume we're talking surnames, dates of birth and so on. The other is saying that MySpace is trawling site content to tweak adverts to appeal to their users - I would assume this means things that one wouldn't bother to falsify like musical tastes, friends and other interests. I think MySpace should do okay.

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