SlideShare uma empresa Scribd logo
1 de 61
Baixar para ler offline
52 Things 
You Didn’t 
Know About
Vital Stats 
Began as “BuzzFeed Labs” in 2006 while 
founder Jonah Peretti was at Huffington Post. 
Peretti left Huffington Post in 2011 to work on 
BuzzFeed full-time. 
The site has roughly 150 million unique visitors 
each month and is projecting $120M in revenue. 
USA Today
Humble Beginnings
1 In 2001, Jonah Peretti tried 
to buy shoes with the word 
“sweatshop” embroidered 
on them. Nike rejected the 
order and their email 
response went viral. This 
experience made Peretti 
interested in learning how 
things go viral online. 
The Independent
"There wasn't Facebook or YouTube 
or Twitter, but I was able to reach 
millions of people purely by making 
something that spread through this 
decentralized network, where there 
was no gatekeeper -- it just spread on 
its own.” 
Jonah Peretti, Founder and CEO 
Wired UK 
2
In 2005, Jonah Peretti co-founded 
The Huffington Post 
where he was responsible for 
spreading content on the web. 
Using rudimentary analytics 
tools he could see which 
headlines weren't working and 
had another staffer - Andrew 
Breitbart - rewrite them. 
Wired UK 3
Jonah Peretti piloted elements of BuzzFeed's 
growth strategy while at The Huffington Post. 
His "mullet strategy" involves junky, high 
traffic content in the back to drive page 
views, with more serious, less-trafficked 
content on the site's front page. 
New York Magazine 
4
Thanks in large part to Peretti’s traffic 
wizardry, The Huffington Post had 30 
million monthly unique visitors when it 
was sold in 2011. These days, Huff Po 
sees about 50 million visitors a month, 
only 1/3 of BuzzFeed’s traffic. 
5 
USA Today
"It was interesting, but not as satisfying 
to make content for search… Instead of 
making content that the robots like, it 
was more satisfying to make content 
that humans want to share.” 
Jonah Peretti, Founder and CEO 
Wired UK 
6
BuzzFeed got its start summarizing trends on 
the web, posting only four times a day. Today, 
they publish four hundred items daily, 
originating much of the content from their 
own correspondents. 
Venture Village 
7
BuzzFeed’s 
Viral Philosophy
BuzzFeed has taken a non-traditional 
approach to content distribution that 
almost exclusively relies upon social 
sharing instead of print or broadcast 
channels. 
Chris Dixon Blog 8
9Jonah Peretti realized that the number 
of people bored at work is far larger 
than any traditional media company's 
audience. This “Bored at Work Network” 
(BWN) is a top target for BuzzFeed’s 
content. 
Scribd
10 BuzzFeed relies on passionate 
“maniacs” as keys to viral sharing. 
If you can tap into an audience 
of "crazy people" it will help you 
spread your content. 
AllThingsD
Content is more viral if it lets 
people express their personality 
disorders. BuzzFeed finds that 
narcissistic items do well on 
Facebook, blogs, and Twitter. 
People with OCD tendencies 
enjoy Wikipedia, online games, 
and comments. 
Scribd 
11
BuzzFeed data scientists take 
cues from the study of biology - 
specifically how quickly viruses 
replicate. They can tell what's 
working within an hour and use 
that info to promote on social 
channels or feature on the front 
page. 
Contently 
12
Contrary to some 
theories that celebrities 
and super influencers 
are the reason why 
content goes viral, 
BuzzFeed believes 
content becomes most 
popular when shared 
among small groups. 
New York Magazine 
13
14 BuzzFeed sees that readers will 
share content with their friends if 
the content “helps them promote 
their own identity,” even if that 
content is in the form of a native 
advertisement for a brand. 
New York Magazine
BuzzFeed uses a formula called “ViralRank” to 
determine in real time what content is being 
shared. By charting the “Viral Multiplier Effect,” 
BuzzFeed’s technology can optimize promotion 
of content that is spreading most rapidly. 
SlideShare 
15
16 Jonah Peretti says 
content producers 
should be more like 
Mormons (in green) 
than Jews. Evangelism 
is a core piece of 
Mormonism. Focusing 
on how an idea 
spreads can be more 
important than the 
idea itself. 
SlideShare
BuzzFeed’s 
Technology
17 
In BuzzFeed's early days, editorial was 
partially driven by tracking pixels that were 
placed on dozens of sites. These pixels 
determined which articles had the greatest 
likelihood of virality and the most popular of 
these articles were then featured on BuzzFeed. 
New York Magazine
Chris Dixon’s Blog 
18 
BuzzFeed has built their entire 
technology stack from scratch including 
their own content management system, 
analytics and servers. They believe this 
investment provides a measurable 
performance advantage compared to off-the- 
shelf solutions.
In redesigning their public 
dashboard, BuzzFeed followed "Six 
S's" to focus on the user. Now the 
platform is faster, less effort to 
interact with and easier to share. 
SlideShare 
19 
The Six S’s 
Simplicity - reduce complexity 
Satisfy - create excitement around BuzzFeed 
Speedify - make app feel fast and realtime 
Solidify - make app feel more solid and stable 
Sharify - bookmarkable/linkable pages 
Superiorify - iterate UI with testing & metrics
BuzzFeed uses data from 
social APIs to determine 
what people care about and 
how much coverage a 
subject receives. They use 
that info to determine what 
content to post. 
20 
Contently
Despite their heavy investment in 
technology, BuzzFeed also 
employs an editorial team that 
writes, produces, and curates 
content around different verticals. 
This hybrid technology + 
editorial business model is rare 
within venture-backed startups. 
Chris Dixon’s Blog 
21
BuzzFeed's CMS is 
specifically optimized for 
the BuzzFeed network 
and would likely not be 
as useful on other sites. 
Reuters 
22
BuzzFeed's technology teams 
work hand-in-hand with editorial 
staff to make tweaks that optimize 
the reach of their content. 
Cheering is heard from the weekly 
meetings between the product and 
content teams. 
Poynter 
23
Tech Editor Charlie Warzel notes that 
BuzzFeed’s CMS has "changed 
substantively nearly every week" 
since he's started working there. 
BuzzFeed 
24
Distribution
“Sharing will continue to be the 
primary distribution mechanism of 
content online. So if you are a digital 
publisher, and you're looking to reach 
a bigger audience, ask yourself if the 
content you're creating is designed to 
be shared. If not, welcome to the 
world of Sisyphus.” 
Will Hayward, VP Advertising 
iMedia Connection 
25
BuzzFeed's creative director says 
the model of creating content in 
traditional media is too heavily 
focused on creation and doesn't 
consider how content is distributed. 
BuzzFeed splits time 50/50 
between what the content says vs. 
how and where to say it. 
The Drum 
26
At Peretti’s previous employer, The Huffington 
Post, article summaries often generated more 
page views than the article themselves as they 
provided enough information to satisfy a user 
without requiring them to read the entire article. 
27 
Chris Dixon’s Blog
BuzzFeed is designed to avoid the 
standard "front page" of a newspaper 
where the news is neatly presented. 
Instead, BuzzFeed creates content 
that purposely resonates with select 
audiences, versus trying to be 
everything to everyone. 
The Independent 
28
BuzzFeed intentionally uses 
nostalgia to activate users. Creative 
Director Philip Byrne says it's a great 
way to tell a story about yourself via 
your online presence. 29 
The Drum
BuzzFeed's lists are 
designed to be mobile-friendly 
and social-friendly. 
50% of traffic 
comes from mobile 
devices and 75% of clicks 
come from social sharing. 
The Independent 
30
BuzzFeed has hired several 
notable journalists, including 
Ben Smith from Politico as 
Editor-in-Chief. This 
investment in journalistic 
talent is designed to 
produce breaking news 
stories that are shared by 
millions. 
New York Times 
31
Content 
Beyond 
Kittens
Quizzes were identified as a 
potential new media type for 
BuzzFeed after they conducted a 
year-end analysis of what content 
drove the most shares and it ended 
up being a quiz entitled, "Which 
Grease Pink Lady Are You?" 
Nieman Lab 
32
"What City Should You Actually Live 
In?" became one of BuzzFeed's most 
popular quizzes with more than 20 
million views. 
Nieman Lab 
33
Not unlike other media 
produced by BuzzFeed, 
quizzes are available for 
sponsorship by brands like 
HBO. The "How Would You 
Die in Game of Thrones"? 
quiz generated more than 1 
million views and 75,000 
Facebook shares for HBO. 
Techcrunch 
34
Nearly 70% of all of BuzzFeed’s quiz traffic 
comes from mobile devices. Managing Editorial 
Director Summer Anne Burton thinks this might 
be because people pass their phones around - 
transforming the quiz from digital to real-world 
social content. 
NiemanLab 
35
“The quiz is kind of like the broken-down-to- 
its-core of what BuzzFeed is — it gives 
someone something that they can relate to 
well enough that they can share it with 
others.” 
Summer Anne Burton, Managing Editorial Director 
Nieman Lab 
36
In addition to quizzes, 
BuzzFeed has created a new 
team dedicated to the 
creation of games. Instead of 
competing with large game 
franchises like Grand Theft 
Auto, the team will partner with 
BuzzFeed's editorial group to 
"pursue cool ideas". 
Techcrunch 
37
BuzzFeed's VP of Product, Chris 
Johanesen, explained the company's 
rationale for pursuing games is to shift 
the audience's relationship with 
content from consumption to 
engagement - similar to how readers 
currently engage with BuzzFeed's 
quizzes. 
VentureBeat 
38
BuzzFeed recently announced the creation 
of BuzzFeed Motion Pictures, a video-specific 
team that will create highly shareable 
video content. This team of 100 employees 
has produced nearly 2,000 videos with 27% 
eclipsing 1 million views each. 
Fortune 
39
Beyond the shorter videos that BuzzFeed 
Motion Pictures has produced, they are now 
starting to explore "serializing content and 
creating mid-range series for release on the 
Web broadly". 
Fortune 
40
41 
BuzzFeed is also 
experimenting with more 
direct collaborations with 
artists - including Jordan 
Peele (from Key & Peele) - 
by applying their data-driven 
approach to more 
Fortune 
"traditional" media.
BuzzFeed says it will not engage in the 
traditional ways of Hollywood where 
new ideas are pitched by writers and 
rejected by BuzzFeed. They want to 
encourage people to bring them ideas 
without fear of rejection like typical 
studios operate. 
Hollywood Reporter 
42
BuzzFeed's Michael Shamberg 
explains their video team will 
encourage experimentation 
with different types of shows 
or scripts that wouldn't 
normally get green-lit in 
Hollywood. 
43 
Hollywood Reporter
BuzzFeed's video team has 
three divisions focused on 
different content types: 44 
Hollywood Reporter 
Video 
(short-form content) 
Live Development 
(mid-length serialized content) 
Future of Fiction 
(long-form film, tv or transmedia content)
45 
BuzzFeed's impressive technology and 
existing expertise in producing lifestyle and 
entertainment content will help accelerate the 
growth of their new video team by using data 
and viewer feedback to optimize future 
content. 
Hollywood Reporter
"We understand our audience and 
shareable, creative video; and the brand 
understands the brand and brand 
message, and when you combine those 
two together is really great shareable 
content.” 
Jonathan Perelman, VP of Agency Strategy 
Fortune 
46
Agency of the 
Future?
Instead of depending on 
advertising agencies to 
create campaigns designed 
for social sharing, Jonah 
Peretti says they are 
building "the agency of the 
future for a social world.” 
New York Magazine 
47
Instead of banner ads or optimizing for search 
enginges, BuzzFeed monetizes their traffic 
through native advertising that drives users to 
a single article. 
Chris Dixon’s Blog 
48
On average, BuzzFeed's 
native advertising posts are 
receiving three shares for 
every ten paid views. 
New York Magazine 
49
Advertisers only pay for views created by 
BuzzFeed itself through promoted posts. Views 
generated from the virality of the content are 
free to the advertiser. 
New York Magazine 
50
Jon Steinberg, BuzzFeed’s former President, 
said that their production of branded, native 
advertising content is analogous to the early 
days of television where networks would 
produce branded shows partially because ad 
agencies were incapable of understanding 
television as a new medium. 
51 
New York Magazine
Even with all of BuzzFeed’s success, some 
advertising agencies are highly skeptical of 
the branded content that BuzzFeed produces 
because it's not "ownable by the brand.” 
New York Magazine 
52
NOTESHOW.COM 
Research for this presentation was compiled using 
NoteShow, a social knowledge network that allows 
companies to share their insights in real-time. 
/noteshow 
Icons from flaticon users Freepik, Icons8, 
Daniel Bruce, SimpleIcon, Icomoon, 
Designmodo, Elegant Themes, Catalin Fertu 
Information in this presentation 
was organized using canva.com

Mais conteúdo relacionado

Mais procurados

Bring your IDEA to life
Bring your IDEA to lifeBring your IDEA to life
Bring your IDEA to lifeMark Briggs
 
Display advertising 2011
Display advertising 2011Display advertising 2011
Display advertising 2011Tim Sparke
 
Engage Influencers: The Social Challenge
Engage Influencers: The Social ChallengeEngage Influencers: The Social Challenge
Engage Influencers: The Social ChallengeAcxiom Corporation
 
Social Media For Prof+Biz Dev
Social Media For Prof+Biz DevSocial Media For Prof+Biz Dev
Social Media For Prof+Biz DevMike Robert
 
Harnessing the power of social media
Harnessing the power of social mediaHarnessing the power of social media
Harnessing the power of social mediaJeff Risley
 
Social Marketing
Social MarketingSocial Marketing
Social MarketingMark Logan
 
Unleashing The Tribe: small passionate communities
Unleashing The Tribe: small passionate communitiesUnleashing The Tribe: small passionate communities
Unleashing The Tribe: small passionate communitiesEwan McIntosh
 
Corporate reputation social age by john bell
Corporate reputation social age by john bellCorporate reputation social age by john bell
Corporate reputation social age by john bellJohn Bell
 
Springfield PRSA Presentation
Springfield PRSA PresentationSpringfield PRSA Presentation
Springfield PRSA PresentationJeff Risley
 

Mais procurados (11)

Bring your IDEA to life
Bring your IDEA to lifeBring your IDEA to life
Bring your IDEA to life
 
Display advertising 2011
Display advertising 2011Display advertising 2011
Display advertising 2011
 
Engage Influencers: The Social Challenge
Engage Influencers: The Social ChallengeEngage Influencers: The Social Challenge
Engage Influencers: The Social Challenge
 
Social Media Marketing Future Predictions
Social Media Marketing Future PredictionsSocial Media Marketing Future Predictions
Social Media Marketing Future Predictions
 
Social Media For Prof+Biz Dev
Social Media For Prof+Biz DevSocial Media For Prof+Biz Dev
Social Media For Prof+Biz Dev
 
Harnessing the power of social media
Harnessing the power of social mediaHarnessing the power of social media
Harnessing the power of social media
 
Social Marketing
Social MarketingSocial Marketing
Social Marketing
 
Unleashing The Tribe: small passionate communities
Unleashing The Tribe: small passionate communitiesUnleashing The Tribe: small passionate communities
Unleashing The Tribe: small passionate communities
 
Corporate reputation social age by john bell
Corporate reputation social age by john bellCorporate reputation social age by john bell
Corporate reputation social age by john bell
 
Springfield PRSA Presentation
Springfield PRSA PresentationSpringfield PRSA Presentation
Springfield PRSA Presentation
 
Ben Huh The Power of Humor - SIC2012
Ben Huh The Power of Humor - SIC2012Ben Huh The Power of Humor - SIC2012
Ben Huh The Power of Humor - SIC2012
 

Destaque

Company Presentation Teksika.
Company Presentation Teksika. Company Presentation Teksika.
Company Presentation Teksika. Teksika
 
Daily annoucements book clousure uptodated- 24.04.2015
Daily annoucements book clousure uptodated- 24.04.2015Daily annoucements book clousure uptodated- 24.04.2015
Daily annoucements book clousure uptodated- 24.04.2015RAFI SECURITIES (PVT.)LTD.
 
Companies financial result updated on 1 st june 2015
Companies financial result updated on 1 st june 2015Companies financial result updated on 1 st june 2015
Companies financial result updated on 1 st june 2015RAFI SECURITIES (PVT.)LTD.
 
Companies financial result updated on 27 june 2016
Companies financial result updated on 27 june 2016Companies financial result updated on 27 june 2016
Companies financial result updated on 27 june 2016RAFI SECURITIES (PVT.)LTD.
 
Financial announcements uptodate 16 december 2014
Financial announcements uptodate 16 december 2014Financial announcements uptodate 16 december 2014
Financial announcements uptodate 16 december 2014RAFI SECURITIES (PVT.)LTD.
 
Manual400 a800a 1scc303002m0204
Manual400 a800a 1scc303002m0204Manual400 a800a 1scc303002m0204
Manual400 a800a 1scc303002m0204pahito2006
 
Daily annoucements book clousure uptodated-10.08.2016
Daily annoucements book clousure uptodated-10.08.2016Daily annoucements book clousure uptodated-10.08.2016
Daily annoucements book clousure uptodated-10.08.2016RAFI SECURITIES (PVT.)LTD.
 
Companies financial result updated on 25 march 2016
Companies financial result updated on 25 march 2016Companies financial result updated on 25 march 2016
Companies financial result updated on 25 march 2016RAFI SECURITIES (PVT.)LTD.
 
Price-list Kavaler
Price-list KavalerPrice-list Kavaler
Price-list KavalerTeksika
 
Financial announcements uptodate 17 december 2014
Financial announcements uptodate 17 december 2014Financial announcements uptodate 17 december 2014
Financial announcements uptodate 17 december 2014RAFI SECURITIES (PVT.)LTD.
 

Destaque (15)

Company Presentation Teksika.
Company Presentation Teksika. Company Presentation Teksika.
Company Presentation Teksika.
 
Daily annoucements book clousure uptodated- 24.04.2015
Daily annoucements book clousure uptodated- 24.04.2015Daily annoucements book clousure uptodated- 24.04.2015
Daily annoucements book clousure uptodated- 24.04.2015
 
Companies financial result updated on 1 st june 2015
Companies financial result updated on 1 st june 2015Companies financial result updated on 1 st june 2015
Companies financial result updated on 1 st june 2015
 
Companies financial result updated on 27 june 2016
Companies financial result updated on 27 june 2016Companies financial result updated on 27 june 2016
Companies financial result updated on 27 june 2016
 
Propositos Educativos
Propositos EducativosPropositos Educativos
Propositos Educativos
 
Financial announcements uptodate 16 december 2014
Financial announcements uptodate 16 december 2014Financial announcements uptodate 16 december 2014
Financial announcements uptodate 16 december 2014
 
Manual400 a800a 1scc303002m0204
Manual400 a800a 1scc303002m0204Manual400 a800a 1scc303002m0204
Manual400 a800a 1scc303002m0204
 
52thingsyoudidntknowaboutbuzzfeed-141008113713-conversion-gate01
52thingsyoudidntknowaboutbuzzfeed-141008113713-conversion-gate0152thingsyoudidntknowaboutbuzzfeed-141008113713-conversion-gate01
52thingsyoudidntknowaboutbuzzfeed-141008113713-conversion-gate01
 
Bab 1
Bab 1Bab 1
Bab 1
 
Daily annoucements book clousure uptodated-10.08.2016
Daily annoucements book clousure uptodated-10.08.2016Daily annoucements book clousure uptodated-10.08.2016
Daily annoucements book clousure uptodated-10.08.2016
 
Companies financial result updated on 25 march 2016
Companies financial result updated on 25 march 2016Companies financial result updated on 25 march 2016
Companies financial result updated on 25 march 2016
 
Price-list Kavaler
Price-list KavalerPrice-list Kavaler
Price-list Kavaler
 
Financial result updated on 02 march 2015 (1)
Financial result updated on 02 march 2015 (1)Financial result updated on 02 march 2015 (1)
Financial result updated on 02 march 2015 (1)
 
Financial announcements uptodate 17 december 2014
Financial announcements uptodate 17 december 2014Financial announcements uptodate 17 december 2014
Financial announcements uptodate 17 december 2014
 
JHortill
JHortillJHortill
JHortill
 

Semelhante a 52thingsyoudidntknowaboutbuzzfeed-141008113713-conversion-gate01

52 Things You Didn’t Know About Buzzfeed
52 Things You Didn’t Know About Buzzfeed52 Things You Didn’t Know About Buzzfeed
52 Things You Didn’t Know About BuzzfeedEvgeny Tsarkov
 
How to Use Social Media for Your Brand - Social Media Week New York Takeaways
How to Use Social Media for Your Brand - Social Media Week New York TakeawaysHow to Use Social Media for Your Brand - Social Media Week New York Takeaways
How to Use Social Media for Your Brand - Social Media Week New York TakeawaysScreenburn
 
thinkLA Trends Breakfast 2012 - Jonah Peretti
thinkLA Trends Breakfast 2012 - Jonah PerettithinkLA Trends Breakfast 2012 - Jonah Peretti
thinkLA Trends Breakfast 2012 - Jonah PerettithinkLA
 
How to Make Your Content More Shareable on Facebook
How to Make Your Content More Shareable on FacebookHow to Make Your Content More Shareable on Facebook
How to Make Your Content More Shareable on FacebookEric Athas
 
Get Buzzed
Get BuzzedGet Buzzed
Get BuzzedDT
 
Reaching New Audiences - Connecting to Your Audience Online
Reaching New Audiences - Connecting to Your Audience OnlineReaching New Audiences - Connecting to Your Audience Online
Reaching New Audiences - Connecting to Your Audience OnlineJonathan Coffman
 
Stuff I watch so you don't have to. Version 1
Stuff I watch so you don't have to. Version 1Stuff I watch so you don't have to. Version 1
Stuff I watch so you don't have to. Version 1Chris Birt
 
Introduction to hyper-local media, part three: issues, challenges and futureg...
Introduction to hyper-local media, part three: issues, challenges and futureg...Introduction to hyper-local media, part three: issues, challenges and futureg...
Introduction to hyper-local media, part three: issues, challenges and futureg...Damian Radcliffe
 
AEJMC12 State of the Industry: ONA
AEJMC12 State of the Industry: ONAAEJMC12 State of the Industry: ONA
AEJMC12 State of the Industry: ONAJody Brannon
 
Aejmc12 ona-brannon
Aejmc12 ona-brannonAejmc12 ona-brannon
Aejmc12 ona-brannonJody Brannon
 
Brumbizz Monetization Strategy
Brumbizz Monetization StrategyBrumbizz Monetization Strategy
Brumbizz Monetization StrategyShana Hinds
 
How to be a Killer Social Media Advocate and Sell it to Your Boss
How to be a Killer Social Media Advocate and Sell it to Your BossHow to be a Killer Social Media Advocate and Sell it to Your Boss
How to be a Killer Social Media Advocate and Sell it to Your BossRed Shoes PR
 
MO Association of CVB's
MO Association of CVB'sMO Association of CVB's
MO Association of CVB'sJeff Risley
 
[Whitepaper] Morden PR- The Art & Science of integrated media influence
[Whitepaper] Morden PR- The Art & Science of integrated media influence[Whitepaper] Morden PR- The Art & Science of integrated media influence
[Whitepaper] Morden PR- The Art & Science of integrated media influenceHiệp Hội PR Việt Nam PRSVN
 
Social Media for Caregivers
Social Media for CaregiversSocial Media for Caregivers
Social Media for CaregiversRed Shoes PR
 
Rebooting Media: The Digital Publishing Revolution for a Fully Social Web
Rebooting Media: The Digital Publishing Revolution for a Fully Social WebRebooting Media: The Digital Publishing Revolution for a Fully Social Web
Rebooting Media: The Digital Publishing Revolution for a Fully Social WebChris Kollas
 
Journalists And Social Media June 10, 2009
Journalists And Social Media June 10, 2009Journalists And Social Media June 10, 2009
Journalists And Social Media June 10, 2009nancyshute
 
Facebook: Creativity at Scale #CannesLions / #OgilvyCannes
Facebook: Creativity at Scale #CannesLions / #OgilvyCannes Facebook: Creativity at Scale #CannesLions / #OgilvyCannes
Facebook: Creativity at Scale #CannesLions / #OgilvyCannes Ogilvy
 
Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...
Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...
Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...Ryan Holiday
 

Semelhante a 52thingsyoudidntknowaboutbuzzfeed-141008113713-conversion-gate01 (20)

52 Things You Didn’t Know About Buzzfeed
52 Things You Didn’t Know About Buzzfeed52 Things You Didn’t Know About Buzzfeed
52 Things You Didn’t Know About Buzzfeed
 
How to Use Social Media for Your Brand - Social Media Week New York Takeaways
How to Use Social Media for Your Brand - Social Media Week New York TakeawaysHow to Use Social Media for Your Brand - Social Media Week New York Takeaways
How to Use Social Media for Your Brand - Social Media Week New York Takeaways
 
thinkLA Trends Breakfast 2012 - Jonah Peretti
thinkLA Trends Breakfast 2012 - Jonah PerettithinkLA Trends Breakfast 2012 - Jonah Peretti
thinkLA Trends Breakfast 2012 - Jonah Peretti
 
How to Make Your Content More Shareable on Facebook
How to Make Your Content More Shareable on FacebookHow to Make Your Content More Shareable on Facebook
How to Make Your Content More Shareable on Facebook
 
Get Buzzed
Get BuzzedGet Buzzed
Get Buzzed
 
Reaching New Audiences - Connecting to Your Audience Online
Reaching New Audiences - Connecting to Your Audience OnlineReaching New Audiences - Connecting to Your Audience Online
Reaching New Audiences - Connecting to Your Audience Online
 
Stuff I watch so you don't have to. Version 1
Stuff I watch so you don't have to. Version 1Stuff I watch so you don't have to. Version 1
Stuff I watch so you don't have to. Version 1
 
Introduction to hyper-local media, part three: issues, challenges and futureg...
Introduction to hyper-local media, part three: issues, challenges and futureg...Introduction to hyper-local media, part three: issues, challenges and futureg...
Introduction to hyper-local media, part three: issues, challenges and futureg...
 
AEJMC12 State of the Industry: ONA
AEJMC12 State of the Industry: ONAAEJMC12 State of the Industry: ONA
AEJMC12 State of the Industry: ONA
 
Aejmc12 ona-brannon
Aejmc12 ona-brannonAejmc12 ona-brannon
Aejmc12 ona-brannon
 
Brumbizz Monetization Strategy
Brumbizz Monetization StrategyBrumbizz Monetization Strategy
Brumbizz Monetization Strategy
 
How to be a Killer Social Media Advocate and Sell it to Your Boss
How to be a Killer Social Media Advocate and Sell it to Your BossHow to be a Killer Social Media Advocate and Sell it to Your Boss
How to be a Killer Social Media Advocate and Sell it to Your Boss
 
MO Association of CVB's
MO Association of CVB'sMO Association of CVB's
MO Association of CVB's
 
[Whitepaper] Morden PR
[Whitepaper] Morden PR[Whitepaper] Morden PR
[Whitepaper] Morden PR
 
[Whitepaper] Morden PR- The Art & Science of integrated media influence
[Whitepaper] Morden PR- The Art & Science of integrated media influence[Whitepaper] Morden PR- The Art & Science of integrated media influence
[Whitepaper] Morden PR- The Art & Science of integrated media influence
 
Social Media for Caregivers
Social Media for CaregiversSocial Media for Caregivers
Social Media for Caregivers
 
Rebooting Media: The Digital Publishing Revolution for a Fully Social Web
Rebooting Media: The Digital Publishing Revolution for a Fully Social WebRebooting Media: The Digital Publishing Revolution for a Fully Social Web
Rebooting Media: The Digital Publishing Revolution for a Fully Social Web
 
Journalists And Social Media June 10, 2009
Journalists And Social Media June 10, 2009Journalists And Social Media June 10, 2009
Journalists And Social Media June 10, 2009
 
Facebook: Creativity at Scale #CannesLions / #OgilvyCannes
Facebook: Creativity at Scale #CannesLions / #OgilvyCannes Facebook: Creativity at Scale #CannesLions / #OgilvyCannes
Facebook: Creativity at Scale #CannesLions / #OgilvyCannes
 
Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...
Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...
Trading Up The Chain: How To Make National News in 3 Easy Steps (Excerpt from...
 

52thingsyoudidntknowaboutbuzzfeed-141008113713-conversion-gate01

  • 1. 52 Things You Didn’t Know About
  • 2. Vital Stats Began as “BuzzFeed Labs” in 2006 while founder Jonah Peretti was at Huffington Post. Peretti left Huffington Post in 2011 to work on BuzzFeed full-time. The site has roughly 150 million unique visitors each month and is projecting $120M in revenue. USA Today
  • 4. 1 In 2001, Jonah Peretti tried to buy shoes with the word “sweatshop” embroidered on them. Nike rejected the order and their email response went viral. This experience made Peretti interested in learning how things go viral online. The Independent
  • 5. "There wasn't Facebook or YouTube or Twitter, but I was able to reach millions of people purely by making something that spread through this decentralized network, where there was no gatekeeper -- it just spread on its own.” Jonah Peretti, Founder and CEO Wired UK 2
  • 6. In 2005, Jonah Peretti co-founded The Huffington Post where he was responsible for spreading content on the web. Using rudimentary analytics tools he could see which headlines weren't working and had another staffer - Andrew Breitbart - rewrite them. Wired UK 3
  • 7. Jonah Peretti piloted elements of BuzzFeed's growth strategy while at The Huffington Post. His "mullet strategy" involves junky, high traffic content in the back to drive page views, with more serious, less-trafficked content on the site's front page. New York Magazine 4
  • 8. Thanks in large part to Peretti’s traffic wizardry, The Huffington Post had 30 million monthly unique visitors when it was sold in 2011. These days, Huff Po sees about 50 million visitors a month, only 1/3 of BuzzFeed’s traffic. 5 USA Today
  • 9. "It was interesting, but not as satisfying to make content for search… Instead of making content that the robots like, it was more satisfying to make content that humans want to share.” Jonah Peretti, Founder and CEO Wired UK 6
  • 10. BuzzFeed got its start summarizing trends on the web, posting only four times a day. Today, they publish four hundred items daily, originating much of the content from their own correspondents. Venture Village 7
  • 12. BuzzFeed has taken a non-traditional approach to content distribution that almost exclusively relies upon social sharing instead of print or broadcast channels. Chris Dixon Blog 8
  • 13. 9Jonah Peretti realized that the number of people bored at work is far larger than any traditional media company's audience. This “Bored at Work Network” (BWN) is a top target for BuzzFeed’s content. Scribd
  • 14. 10 BuzzFeed relies on passionate “maniacs” as keys to viral sharing. If you can tap into an audience of "crazy people" it will help you spread your content. AllThingsD
  • 15. Content is more viral if it lets people express their personality disorders. BuzzFeed finds that narcissistic items do well on Facebook, blogs, and Twitter. People with OCD tendencies enjoy Wikipedia, online games, and comments. Scribd 11
  • 16. BuzzFeed data scientists take cues from the study of biology - specifically how quickly viruses replicate. They can tell what's working within an hour and use that info to promote on social channels or feature on the front page. Contently 12
  • 17. Contrary to some theories that celebrities and super influencers are the reason why content goes viral, BuzzFeed believes content becomes most popular when shared among small groups. New York Magazine 13
  • 18. 14 BuzzFeed sees that readers will share content with their friends if the content “helps them promote their own identity,” even if that content is in the form of a native advertisement for a brand. New York Magazine
  • 19. BuzzFeed uses a formula called “ViralRank” to determine in real time what content is being shared. By charting the “Viral Multiplier Effect,” BuzzFeed’s technology can optimize promotion of content that is spreading most rapidly. SlideShare 15
  • 20. 16 Jonah Peretti says content producers should be more like Mormons (in green) than Jews. Evangelism is a core piece of Mormonism. Focusing on how an idea spreads can be more important than the idea itself. SlideShare
  • 22. 17 In BuzzFeed's early days, editorial was partially driven by tracking pixels that were placed on dozens of sites. These pixels determined which articles had the greatest likelihood of virality and the most popular of these articles were then featured on BuzzFeed. New York Magazine
  • 23. Chris Dixon’s Blog 18 BuzzFeed has built their entire technology stack from scratch including their own content management system, analytics and servers. They believe this investment provides a measurable performance advantage compared to off-the- shelf solutions.
  • 24. In redesigning their public dashboard, BuzzFeed followed "Six S's" to focus on the user. Now the platform is faster, less effort to interact with and easier to share. SlideShare 19 The Six S’s Simplicity - reduce complexity Satisfy - create excitement around BuzzFeed Speedify - make app feel fast and realtime Solidify - make app feel more solid and stable Sharify - bookmarkable/linkable pages Superiorify - iterate UI with testing & metrics
  • 25. BuzzFeed uses data from social APIs to determine what people care about and how much coverage a subject receives. They use that info to determine what content to post. 20 Contently
  • 26. Despite their heavy investment in technology, BuzzFeed also employs an editorial team that writes, produces, and curates content around different verticals. This hybrid technology + editorial business model is rare within venture-backed startups. Chris Dixon’s Blog 21
  • 27. BuzzFeed's CMS is specifically optimized for the BuzzFeed network and would likely not be as useful on other sites. Reuters 22
  • 28. BuzzFeed's technology teams work hand-in-hand with editorial staff to make tweaks that optimize the reach of their content. Cheering is heard from the weekly meetings between the product and content teams. Poynter 23
  • 29. Tech Editor Charlie Warzel notes that BuzzFeed’s CMS has "changed substantively nearly every week" since he's started working there. BuzzFeed 24
  • 31. “Sharing will continue to be the primary distribution mechanism of content online. So if you are a digital publisher, and you're looking to reach a bigger audience, ask yourself if the content you're creating is designed to be shared. If not, welcome to the world of Sisyphus.” Will Hayward, VP Advertising iMedia Connection 25
  • 32. BuzzFeed's creative director says the model of creating content in traditional media is too heavily focused on creation and doesn't consider how content is distributed. BuzzFeed splits time 50/50 between what the content says vs. how and where to say it. The Drum 26
  • 33. At Peretti’s previous employer, The Huffington Post, article summaries often generated more page views than the article themselves as they provided enough information to satisfy a user without requiring them to read the entire article. 27 Chris Dixon’s Blog
  • 34. BuzzFeed is designed to avoid the standard "front page" of a newspaper where the news is neatly presented. Instead, BuzzFeed creates content that purposely resonates with select audiences, versus trying to be everything to everyone. The Independent 28
  • 35. BuzzFeed intentionally uses nostalgia to activate users. Creative Director Philip Byrne says it's a great way to tell a story about yourself via your online presence. 29 The Drum
  • 36. BuzzFeed's lists are designed to be mobile-friendly and social-friendly. 50% of traffic comes from mobile devices and 75% of clicks come from social sharing. The Independent 30
  • 37. BuzzFeed has hired several notable journalists, including Ben Smith from Politico as Editor-in-Chief. This investment in journalistic talent is designed to produce breaking news stories that are shared by millions. New York Times 31
  • 39. Quizzes were identified as a potential new media type for BuzzFeed after they conducted a year-end analysis of what content drove the most shares and it ended up being a quiz entitled, "Which Grease Pink Lady Are You?" Nieman Lab 32
  • 40. "What City Should You Actually Live In?" became one of BuzzFeed's most popular quizzes with more than 20 million views. Nieman Lab 33
  • 41. Not unlike other media produced by BuzzFeed, quizzes are available for sponsorship by brands like HBO. The "How Would You Die in Game of Thrones"? quiz generated more than 1 million views and 75,000 Facebook shares for HBO. Techcrunch 34
  • 42. Nearly 70% of all of BuzzFeed’s quiz traffic comes from mobile devices. Managing Editorial Director Summer Anne Burton thinks this might be because people pass their phones around - transforming the quiz from digital to real-world social content. NiemanLab 35
  • 43. “The quiz is kind of like the broken-down-to- its-core of what BuzzFeed is — it gives someone something that they can relate to well enough that they can share it with others.” Summer Anne Burton, Managing Editorial Director Nieman Lab 36
  • 44. In addition to quizzes, BuzzFeed has created a new team dedicated to the creation of games. Instead of competing with large game franchises like Grand Theft Auto, the team will partner with BuzzFeed's editorial group to "pursue cool ideas". Techcrunch 37
  • 45. BuzzFeed's VP of Product, Chris Johanesen, explained the company's rationale for pursuing games is to shift the audience's relationship with content from consumption to engagement - similar to how readers currently engage with BuzzFeed's quizzes. VentureBeat 38
  • 46. BuzzFeed recently announced the creation of BuzzFeed Motion Pictures, a video-specific team that will create highly shareable video content. This team of 100 employees has produced nearly 2,000 videos with 27% eclipsing 1 million views each. Fortune 39
  • 47. Beyond the shorter videos that BuzzFeed Motion Pictures has produced, they are now starting to explore "serializing content and creating mid-range series for release on the Web broadly". Fortune 40
  • 48. 41 BuzzFeed is also experimenting with more direct collaborations with artists - including Jordan Peele (from Key & Peele) - by applying their data-driven approach to more Fortune "traditional" media.
  • 49. BuzzFeed says it will not engage in the traditional ways of Hollywood where new ideas are pitched by writers and rejected by BuzzFeed. They want to encourage people to bring them ideas without fear of rejection like typical studios operate. Hollywood Reporter 42
  • 50. BuzzFeed's Michael Shamberg explains their video team will encourage experimentation with different types of shows or scripts that wouldn't normally get green-lit in Hollywood. 43 Hollywood Reporter
  • 51. BuzzFeed's video team has three divisions focused on different content types: 44 Hollywood Reporter Video (short-form content) Live Development (mid-length serialized content) Future of Fiction (long-form film, tv or transmedia content)
  • 52. 45 BuzzFeed's impressive technology and existing expertise in producing lifestyle and entertainment content will help accelerate the growth of their new video team by using data and viewer feedback to optimize future content. Hollywood Reporter
  • 53. "We understand our audience and shareable, creative video; and the brand understands the brand and brand message, and when you combine those two together is really great shareable content.” Jonathan Perelman, VP of Agency Strategy Fortune 46
  • 54. Agency of the Future?
  • 55. Instead of depending on advertising agencies to create campaigns designed for social sharing, Jonah Peretti says they are building "the agency of the future for a social world.” New York Magazine 47
  • 56. Instead of banner ads or optimizing for search enginges, BuzzFeed monetizes their traffic through native advertising that drives users to a single article. Chris Dixon’s Blog 48
  • 57. On average, BuzzFeed's native advertising posts are receiving three shares for every ten paid views. New York Magazine 49
  • 58. Advertisers only pay for views created by BuzzFeed itself through promoted posts. Views generated from the virality of the content are free to the advertiser. New York Magazine 50
  • 59. Jon Steinberg, BuzzFeed’s former President, said that their production of branded, native advertising content is analogous to the early days of television where networks would produce branded shows partially because ad agencies were incapable of understanding television as a new medium. 51 New York Magazine
  • 60. Even with all of BuzzFeed’s success, some advertising agencies are highly skeptical of the branded content that BuzzFeed produces because it's not "ownable by the brand.” New York Magazine 52
  • 61. NOTESHOW.COM Research for this presentation was compiled using NoteShow, a social knowledge network that allows companies to share their insights in real-time. /noteshow Icons from flaticon users Freepik, Icons8, Daniel Bruce, SimpleIcon, Icomoon, Designmodo, Elegant Themes, Catalin Fertu Information in this presentation was organized using canva.com