In The Graying Of MySpace, Online Media Daily today reports that more than half of MySpace'smembership is now over 35, up 40 percent from last year, while 18-24 year-old membership has declined 50 percent, from 44 to 30 percent. Writer Mark Walsh, summarizing a recent comScore press release, observes:
While MySpace and Friendster skew older--with people 25 and older accounting for roughly 70 percent of their user bases--more than one-third of Facebook visitors are 18 to 24, as expected for a college-oriented site. Xanga was the most popular with teens, drawing 20 percent of its audience from that age group. The comScore figures encompass all visitors to the sites, not just registered members.
“While the top social networking sites are typically viewed as directly competing with one another, our analysis demonstrates that each site occupies a slightly different niche,” said Jack Flanagan, executive vice president of comScore Media Metrix, in a prepared statement.
The initial obvious implication:
For marketers, the research suggests that MySpace is increasingly becoming a mainstream Internet portal. “The type of advertising it has today is for the youth market,” said Sarah Fay, president of Aegis' interactive ad agency network, Isobar, U.S. “But as we move forward, I'm sure that brands are going to start to speak to other types of audiences on MySpace.”
For now, however, the middle-aged MySpace users I've spoken with -- those who'll admit to using MySpace -- tell me they turn off the MP3 intros and hold their noses when they log-in. Most use MySpace only for the free profile, which doubles as a website (albeit one that's ruggedly misdesigned), email, and file-sharing. They'd like to use it for other purposes, too, but can't. Amid the promotions from aggressive bands, amateur video producers, and aspiring pornstars, there's not much about MySpace that respects their lifestyles or serves their needs.
The obvious follow-on implication:
MySpace (and MySpace wannabees), and the advertisers and the ad agencies who use them, need to integrate their teams with people who share demographics with the majority of MySpace's users: people who are middle-aged or older, with jobs and families, interests more diverse than pop music and social bling, and loads of disposable income. Until they do, they'll fail to create an environment that produces trust and transactions among this mature (but please, not "old") majority. MySpace gets killed by Google and Yahoo in terms of people buying and selling things; and of course, in terms of ecommerce. Now we know why.
What would a better-aligned MySpace look like, and how would it work? Not like today's MySpace.
Rupert, perhaps it's time to bring in some gray hairs and incorporate in your team who are more seasoned and experienced, with relevant cultural perspectives. You can then create a product that the majority of your users enjoy: one that respects who they are, provides what they need, and gets them to do more for your pocketbook than click on links.