Yelpers don’t want complexity.  They just want lovely free parties where they can be happy.  Nothing wrong with that, frankly.  Sounds good.  Actually.. really, really good.

But happiness does not sustain itself all the time… those parties may be no more if something doesn’t happen… and fairly fast.  I did just notice a new feature called “Things I Love” on the yelp profile main page.  This is worked in so as to create highly targeted advertising for the members.  If they like dogs, they can market dog food.  If they like their fiance, they can market wedding vendors.  It is a brilliant idea, but I already chatted about how Facebook’s model doesn’t work.  Even running a couple tests produced some negligible and even odd results.

So, when JP Morgan suggests that 2009 will be the year that the ad model fails…. my ears perk up and I wonder a couple things.  Namely, will there be unexpected opportunities if they are not able to get ROI or make these things profitable?

This is fascinating, and social media is so big right now… ballooning, saturating, and a media darling which has gotten an almost cult of personality like focus in the news.

I cannot imagine that they will make it profitable, nor can I imagine it going away.

What do you think is going to happen?  I think that a lot of these sites don’t have strong business leadership, and there is a lot of panicking going on right now.  As long as they focus on the business more than the parties….

I think we will live to review another day.

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