Friday, 16 December 2016

Users & Business

Advertise. This is what the common person does when it comes to their social media platform. Whether they are on Facebook advertising for a company or they are on Instagram advertising for a product. Most of the time, companies would contact the users and pay their users for pictures of their products to be promoted. Also, Instagram would additionally pay their users when they promoted other companies. However, when it came to Vine and their traditional users, those users would promote individual products, but Vine would not pay them; Vine didn’t do anything for their users, the users had to do everything for themselves (De Vries 85). Also, when it came to the users pay, third-party sources were the ones who would pay the users. That is why when it came to their fan base and the application being shut down a lot of their users were not happy. Vine did not execute their closing properly. They did not give the word to the users on what they were doing with the application and also how they could help them with future endeavours. A lot of the “Vine Stars” depended on this application because it became their jobs. For example, my friend Victoria Brocca has her a popular Instagram account because she is a make-up artist and I asked her if she ever considered Vine to do short videos of her tutorials. She said that she would not because Vine is not the ideal application to get business from whereas Instagram users contact her and send her their products for free to promote and keep.


De Vries, L.; S. Gensler; and P.S. Leeflang. 2012. Popularity of brand posts on brand fan pages: An investigation of the effects of social media marketing, Journal of Interactive Marketing 26(2), 83-91.

Vine & It's Users


This year, Vine decided that they would be discontinuing their media platform. This caused a huge uproar because of how popular Vine was. In 2012 this site became live, and since then it has grown into having over 200 million users, which then sparked the popularity. In 2016 they decided that Vine wasn’t going to be a social media platform anymore, so they decided to take it away from its users. However, the users were not happy about this because now their every day of source entertainment was gone. Also including those who dedicated their time and effort into creating Vines that started their stardom. In an article written by, Ismail Erkan called “Vine”: Do You Miss It?” it talks about how this engaging social media account had the ability to latch onto other social media platforms such as Facebook and Twitter in the sense of capturing more viewers, which then created more users (4). However because the Vine account has discontinued but still has kept the content online for users to still view their vines and other vines, people have changed their account names to their other social media names so that their following doesn’t drop. I am or was Vine user, but I never fully used Vine for what it was. I liked posts and “re-vined” them, but I didn’t put time in effort into Vine as some users to gain a huge following; like most users, I was only on Vine for the entertainment.






Erkan, Ismail. "Vine": Do You Miss It? Electronic Word of Mouth on the Social Networking Site, Vine." International Journal of Business and Information 9 (2014): 461-73. Print.


Vine Discontinuation & New App

     On October 27, 2016 Vine had stated that they would lay off 9% of their workforce, or roughly 350 people as they attempted to find a sustainable path forward (Wagner, 2016). The cuts were not company-wide, but were heavily focused on Twitter’s marketing and sales teams. Twitter declined to specify how many layoffs were affected at Vine or whether or not any employees were being offered new jobs (Wagner, 2016). It is unfortunate that Vine never became the destination that Twitter had hoped for but Twitter announced that they would not delete any Vines created for now, as they appreciate what their users have done with the app.
     After announcing its plan to shut down Vine, Twitter received a large number of bids. Twitter narrowed the pool from more than 10 bidders to around 5.  Several employees had quit, including Vine’s general manager Jason Toff, who returned to Google to work on virtual reality (Kokalitcheva, 2016).  The original co-founders of Vine also gradually quit and moved on to their next social app called HYPE, which is a live video broadcasting app that lets users add music and animations to their videos (Constine, 2016). For now, the app is only available to a limited number of users as the founders continue to test it.


Kokalitcheva, K. (2016). Vine’s Co-Founders Already Have a New App. Retrieved
            December 1, 2016, from http://fortune.com/2016/10/27/vie-founders-new-app-
            hype/

Wagner, K. (2016). Twitter will cut 9 percent of its workforce, or roughly 350

            people. Retrieved from http://www.recode.net/2016/10/27/13399872/twitter-layoffs-q3-   
earnings


Vine Ownership & Progression

Dom Hofmann, Rus Yusupov and Colin Kroll originally founded vine about three months before Twitter bought it, and they realized that Vine’s culture was going to shift towards creativity and experimentation. Vine was built in 2012 and Twitter bought them for $30 that fall (Kokalitcheva, 2016). The launch of video on Instagram in 2013 blunted its growth, and as with the rest of Twitter, its product added features at a glacial place. Eventually, Hofmann left Vine and went on to develop his own set of mobile apps and Yusupov was laid off from Twitter in 2015 (Kokalitcheva, 2016).
In the beginning of 2012, Mark Zuckerberg announced that Facebook had acquired Instagram for $1 billion and the deal was so sudden it took 2 days to finalize. Before that deal, Twitter offered Instagram $525 million before they chose Facebook’s offer (Byford, 2012). Instagram’s founder Kevin Systrom had told associates that he was not interested in selling, months before Zuckerberg’s call. At this point as well, Instagram had just completed a second round of funding, suggesting they were looking to remain independent. After this happened, by Systrom selling to Facebook, he lost an ally, which was Twitter’s founder Jack Dorsey (Robertson, 2012). He had supported Instagram and allegedly expressed interest in buying it in the past few months. Since the acquisition, Dorsey had apparently stopped using the service, though his company declined to comment officially (Robertson, 2012).
Twitter acquired Vine just weeks before it launched, spent several months tweaking it and finally debuted it to the world on January 24, 2013 as a standalone app with Twitter integration. Twitter’s CEO at the time and Vine co-founder Dom Hofmann posted the first video clip in a tweet using Vine. When posting a Vine on Twitter, they show you the clips embedded in the tweets instead of bouncing you to a web page (Robertson, 2013). Twitter did not integrate Vine’s technology and launch it as “videos” inside the Twitter app because Vine invented a new medium or art form, as Dorsey calls it.

Byford, S. (2012). Instagram agreed to sell to Twitter for $525 million before
            choosing Facebook, says NYT. Retrieved December 1, 2016, from
            twitter-sale-before-facebook

Kokalitcheva, K. (2016). Vine’s Co-Founders Already Have a New App. Retrieved
            December 1, 2016, from http://fortune.com/2016/10/27/vie-founders-new-app-
            hype/

Robertson, A. (2012). Twitter wanted to buy Instagram before Facebook’s purchase, says
            NYT. Retrieved from http://www.theverge.com/2012/4/14/2948528/instagram-
            facebook-acquisition-company-history

Robertson, A. (2013). Twitter’s upcoming Vine-powered video functionality teased by
            CEO. Retrieved from http://www.theverge.com/2013/1/23/3908078/twitter-ceos-

            tweet-demonstrates-upcoming-vine-video-integration