Who to follow: serendipity or segmentation?

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PodCamp NH 2010One of the most hotly contested discussion topics at PodCamp NH this past weekend was the question of who to follow on social networks like LinkedIn and Twitter. As has been discussed many times before, some people believed in casting a wide net and following many, while others believed in being highly selective and following just a few. By the end of the discussion, I’m not convinced folks were any more clear as to which strategy to pursue.

Here’s a different way to look at the question: what are your goals? Broadly, there are two different goals you could be pursuing with your social networking strategy, segmentation and serendipity.

If you have a goal of creating a tight, highly valuable network where the only interactions you have are with people you know and trust, you’re effectively pursuing a segmentation strategy. You’re looking to get maximum value out of the content that comes from the network, at the cost of not having as much reach. This is especially effective when you want to target a very specific niche as a marketer.

If you have a goal of creating a broad, diverse network where you’re interacting with many people across many different industries and backgrounds, you’re pursuing a serendipity strategy. You’re looking to get maximum value out of the network itself, creating fruitful grounds for interconnections in your network and connections through you as its hub. This comes at the cost of a lack of focus in the content of the network. A serendipity strategy is especially effective when you’re looking to reach people in different pockets, pools, or verticals, as well as when you’re looking for new and different ideas.

Neither strategy is “right”. Neither strategy is inherently better than the other. One focuses on value through content, the other focuses on value through the network. Which strategy you choose depends on what kind of value you want. It’s also worth pointing out that neither strategy is black and white or as clear cut. You can still create some opportunities for serendipity while having a focus on content, and you can still create some opportunities to find content while having a focus on the network. It’s just a question of which value you’ll get more of.

Do you know which kind of value you want?


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Comments

7 responses to “Who to follow: serendipity or segmentation?”

  1. I’m actually pursuing a dual strategy – one set of SM properties is broad and serendipity based, plus 3 blog/twitter streams that are each more focused. Will it scale over the long haul? We’ll see….!

  2. I’m like Steve in that I’m trying both too. I have a bunch of Twitter lists that I use to segment niche topics about which I’m interested. I’m also broadly going after people in my region/city.

    Chris, I’d be curious to see your thoughts on the approaches and which tactics work best for each.

  3.  Avatar
    Anonymous

    You didn’t explain to me why I have to choose between the two, Chris.

    1. There are technical limitations to each. By default, the more people you follow (serendipity) the noisier it gets until you are developing your own custom searches and sorts just to hear basic information. By default, the fewer people you follow, the fewer opportunities there are for randomness, because Metcalfe’s Law scales exponentially with network size.

  4.  Avatar
    Anonymous

    I think the issue is perhaps which strategy to choose where, or even how to use tools like searches, feeds and even tweetdeck to maintain a bit of both at once.

    Twitter is great for serendipity for me, but also to follow niche conversations and become a part of them. LinkedIn is my general business channel, where I tend to be slightly more strategic.

    You can do both at once, just know when and why helps tremendously. Being purposeful lets you extract the most value.

  5. I love that you can see the benefits of both. I am personally on the fence and think .

    1. And that you’re saying neither strategy is “right.” Sometimes the conversation about how to use social media gets too wrapped up in the right/wrong mentality.

      I think certain networks also lend themselves more to one than the other. Twitter is more of a serendipity engine by design, whereas LinkedIn is more apt to be a segmentation engine. That’s not to say you can’t use them for the opposite purposes – Twitter lists are a great example of segmentation opportunities, for example. And you’re right, it all has to start from the goal, how you build the bridge from where you are to reach the goal, and which social networks make sense as support structures for that bridge.

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