Has Plaxo gone blind?
Back when Plaxo first became popular, it was a marvelous tool because the days of losing one's most valuable asset/resource, contact information, were becoming numbered. Anyone using Outlook, and later Apple's Address Book, could rest assured that if they were a Plaxo user, their PC/Mac could crash and the electronic "little black book" would still be safe and sound.
That's still the case today, except that finding one's contacts on Plaxo now demands too many clicks. I know my contacts are safe on Plaxo, I just can't find them half the time.
Apparently Plaxo is bent on becoming the latest social network, like Facebook or LinkedIN. Only it never will be that popular because it's becoming the poster child for "jack of all trades, master of none".
It makes me wonder what possesses a company to pile on non-core functions like this. It's not just online businesses that do this. One time I worked for a hedge fund which used this weakness in its model: the manager would look for companies which had taken on so many extra lines of business that they were choking on them and losing sight of what they really did for the world that made them so popular in the first place. Midas (MDS) was a great example three or four years ago. He'd catch them at a particular inflection point, right when they were realizing they had to make a change and had brought in a new CEO to clean up and get them back on track. There were other factors but he picked up MDS at about $6 as I recall and sold it for $22+.
That really undscores the power of not just focus, but what the lack of it can do to rob you of your or your companies intrinsic or at least potential value.
Plaxo need to get back to rediscover what they are: an online address book and back-up utility for people's most valuable asset: their contacts.
Meanwhile, I was having a discussion about Plaxo today with some friends on, ironically, Plaxo about how the service has lost its sense of direction. As a kind of perfect punctuation to my response to their questions, Plaxo wouldn't let me post because it was 262 characters too long. Isn't that something a true social networking site would make clear? With Twitter I know my limit because the whole model is built around SMS, which has a de facto 140 character limit. Because that's all Twitter is. It's a tool for posting short messages out to the world. It knows that's what it is and it's not trying to be something else all the while. It's ultra focused.
In any case, my response to their questions pretty well sums up what I think Plaxo is missing. Just one man's POV, mind you:
The thing to keep in mind about social networking is that it can either be play or work. One of my favorite philosophers, in his book Problems of Work, defined work as "activity with purpose", while play has no particular purpose by comparison. Social networking like Twitter, can be used for play *or* for work. This article by luminary Guy Kawasaki might help bring social networking into focus--showing how to use it as tool and get something done with it. http://tinyurl.com/6fxmj9
Bob: I am a social networking hound and in fact use those tools to boost sales and PR for companies so there's no question about that area for me as far as its value.
My beef with Plaxo is that it has lost its way, I feel, by downgrading its core focus (online address book and back-up utility for said address book) and is trying to Be a social networking site at the same time. Fine if it wants to assist people in communicating to each other (as we are doing now), but to bury the Address Book feature (Plaxo's root function) and make it two or three clicks away upon signin, is a big mistake I feel. They are opening the door to someone rising up in their wake and silently cutting them off at the knees. You can't even determine which page on Plaxo (Addresses, Plaxo Pulse stream, Inbox, Calendar, etc.) of its many features should be your first page when you log in. That alone would probably have nullified my reason to write all this.
My point is, they have (had?) so much opportunity in the space of being an excellent utility for people to save their address book bacon, if you will, and the social networking space is so saturated (thankfully--gives me lots of tools with which to help my clients), that they are diluting their positioning. Will this mistake begin their slide into e-obscurity? It's too early to say.
And who knows, maybe they'll read this blog posting (something they have done before) and take note.
Rather than hold my breath for that, though, I'm going to suffer through the extra Plaxo clicks while I turn my eyes to the next developer of online, contact management back-up utilities, whoever that may be.
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