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Formspring Shuts Down

techcrunch.com

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Re: Formspring Shuts Down

#21
post #18

Earlier quoted context omitted.

Wufoo exited for 35 million. Although they didn't take 14 million in investment: just 118,000 according this: http://techcrunch.com/2011/04/25/wufoo-35-million-surveymonk...

I think Wufoo solves a REAL problem - Collection of useful data. That's why it appeals to businesses and enterprises. Whereas Formspring was more like a third party Facebook status box that served no real purpose (Their slogan was "Formspring is the place to share your perspective on anything."). The difference lies in the target audience - One was aimed at the consumer and the other at the enterprise.

Oh, I didn't know that. I thought they were a generic form site that pivoted into surveys.

Re: Formspring Shuts Down

#22
post #19

Earlier quoted context omitted.

Brutal ROI for writing a Q.

Direct questions hover around 1/1. Questions sent to followers, 5/1. It’s probably a higher engagement, albeit different, than Tumblr/Twitter/FB. When you ask a question on Twitter, how many of your followers respond? Very few. The nature of both sites is obviously different, but the engagement on Formspring remains pretty good. Also, there’s only so many times you can answer a question about your favorite movie, or…

I guess you meant to write 1Q/5R

Re: Formspring Shuts Down

#23
post #19

Earlier quoted context omitted.

Direct questions hover around 1/1. Questions sent to followers, 5/1. It’s probably a higher engagement, albeit different, than Tumblr/Twitter/FB. When you ask a question on Twitter, how many of your followers respond? Very few. The nature of both sites is obviously different, but the engagement on Formspring remains pretty good. Also, there’s only so many times you can answer a question about your favorite movie, or…

I guess you meant to write 1Q/5R

Not exactly.

Me asking 1Q to 5 users results in 5Q being delivered to the respective users. Out of 5, and depending on the quality of the question, the level of activity of these users, generally results in 1 to 2 responses.

Obviously the engagement is specific to the user asking the question. Some popular users easily reach a 75% engagement rate.

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