Web Reputations-SVPMA Oct2010

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    Web Reputations(Avoiding Social Media Landmines in PM)

    F. Randall Randy Farmer

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    Also available free on the companion blog & wiki at http://buildingreputation.com

    2010 F. Randall Farmer & Bryce Glass

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    Why Web Reputation Mattersto Product Managers

    Increasingly cropping up on your B2C and B2Broadmaps because it creates value

    Many reputation models for different needs

    But, Choosing poorly can have a disastrousimpacton your products success!

    2010 F. Randall Farmer & Bryce Glass

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    5 things we get wrong about reputation

    Its the People, Dummy One Reputation to Rule Them All All I Need is Five Stars Competition is Always Good Negative Karma Will Out the Bad Guys

    2010 F. Randall Farmer & Bryce Glass

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    2010 F. Randall Farmer & Bryce Glass

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    A conversation

    Hi! Bill! Hows the family, Robert?

    2010 F. Randall Farmer & Bryce Glass

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    Our Wendy will be going to Harvard next year!

    2010 F. Randall Farmer & Bryce Glass

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    Really! Im curious why Harvard?

    2010 F. Randall Farmer & Bryce Glass

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    Why, it has the best reputationespecially for law.

    2010 F. Randall Farmer & Bryce Glass

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    Did she consider Yale?

    2010 F. Randall Farmer & Bryce Glass

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    Yes, but we like Harvards proximity.

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    Wont that be expensive?

    2010 F. Randall Farmer & Bryce Glass

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    Well make tradeoffs if we have to its worth it for mylittle girl!

    2010 F. Randall Farmer & Bryce Glass

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    Reputation Defined

    2010 F. Randall Farmer & Bryce Glass

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    The Reputation Statement

    2010 F. Randall Farmer & Bryce Glass

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    Bill & Roberts Entire Conversation (and Meal!) AreMade of Reputation Statements

    2010 F. Randall Farmer & Bryce Glass

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    People reputation is Karma, and itisspecial

    Karma is user reputation within a context Karma is useful for building trust between users, and between a user and the site Karma can be an incentive for participation and contributions Karma is contextual and has limited utility globally. Karma comes in several flavors - Participation, Quality and Robust Karma is complex (via indirect evaluations), and formulation is often opaque Personal karma is displayed only to the owner, good for measuring progress Corporate karma is used by the site to find the very best and very worst users Public karma is displayed to other users, which makes it the hardest to get right

    It should be used sparingly

    It is hard to understand, isn't expected, and easily confused with contentratings.

    It shouldn't be have a socially negative value. It encourages competition in some users, and may discourage others.

    2010 F. Randall Farmer & Bryce Glass

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    Reputation is

    information used to make a value judgment

    about an object or a person.

    everywhere!

    hard, but karma is harder!

    2010 F. Randall Farmer & Bryce Glass

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    One Karma To RuleThem All!

    2010 F. Randall Farmer & Bryce Glass

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    Global Karma? We need it, Right?

    2010 F. Randall Farmer & Bryce Glass

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    Case Study: FICO as Global Karma

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    Lots of Little Karmas vs. One Big Score

    2010 F. Randall Farmer & Bryce Glass

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    So

    One Karma To RuleThem All!

    Reputation is always in context!

    2010 F. Randall Farmer & Bryce Glass

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    All I Need Is Five Stars

    Or Thumbs Up Or Digg-style Voting

    Or a Like Button

    2010 F. Randall Farmer & Bryce Glass

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    Interface-First Design

    2010 F. Randall Farmer & Bryce Glass

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    One of these things is not like the others

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    Consider YouTube

    2010 F. Randall Farmer & Bryce Glass

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    Look Familiar?

    http://youtube-global.blogspot.com/2009/09/five-stars-dominate-

    ratings.html

    2010 F. Randall Farmer & Bryce Glass

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    Great videos prompt action; anythingless prompts indifference. Thus, theratings system is primarily being used

    as a seal of approval, not as aneditorial indicator of what thecommunity thinks about a video.

    Shiva Rajaraman, Product Manager

    2010 F. Randall Farmer & Bryce Glass

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    Evolution too far? Like and Dislike

    2010 F. Randall Farmer & Bryce Glass

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    Do You Need a Downvote?

    From How To Build Dioramas by Sheperd Paine

    2010 F. Randall Farmer & Bryce Glass

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    So

    All I Need Is Five Stars?

    2010 F. Randall Farmer & Bryce Glass

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    Instead

    Let the Context Determine the Inputs

    Be Sparing Ask for Only What You Need

    Downplay the Downvote

    2010 F. Randall Farmer & Bryce Glass

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    Competition is Always Good!

    2010 F. Randall Farmer & Bryce Glass

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    We built a point system intoConsumating because we thought givingdirect feedback to people about their

    conduct on the site would encouragethem to be nice to one anotheryou geta thumbs up when you are nice (treat!),and a thumbs down when you are a

    douche (electric shock!)

    Ben Brown, Internet Rockstar

    2010 F. Randall Farmer & Bryce Glass

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    The Competitive Spectrum

    2010 F. Randall Farmer & Bryce Glass

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    So

    Competition is fine if the context calls for it

    Dont assume competition where there is

    none.

    Competition forKarma will generally escalate.

    2010 F. Randall Farmer & Bryce Glass

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    Negative Karma Will Out the BadGuys

    2010 F. Randall Farmer & Bryce Glass

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    The Good Guys and The Bad Guys

    2010 F. Randall Farmer & Bryce Glass

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    Cautionary Tale: A Virtual Mafia Shakedown

    2010 F. Randall Farmer & Bryce Glass

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    Cautionary Tale: A Virtual Mafia Shakedown

    2010 F. Randall Farmer & Bryce Glass

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    Cautionary Tale: A Virtual Mafia Shakedown

    2010 F. Randall Farmer & Bryce Glass

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    Karma Meaninglessness and Bankruptcy

    2010 F. Randall Farmer & Bryce Glass

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    Private Karma: Yahoo! Answers Case Study

    Yahoo! Answers community content moderation system results

    Metric Baseline Goal Result Improvement

    Mean time: fromReport to Removal

    18 hours 1 hour? ?

    Report evaluationerror rate

    10% 10%? ?

    Customer care costs100%

    $1 million per year10%

    $100,000 per year?

    ?

    2010 F. Randall Farmer & Bryce Glass

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    Private Karma: Yahoo! Answers Case Study

    Yahoo! Answers community content moderation system results

    Metric Baseline Goal Result Improvement

    Mean time: fromReport to Removal

    18 hours 1 hour 30 seconds120x goal

    2000x baseline

    Report evaluationerror rate

    10% 10%

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    So

    Karma is Complex (built of indirect inputs)

    Public Karma is Positive Karma

    ????Karma Will Out the Bad Guys

    2010 F. Randall Farmer & Bryce Glass

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    Karma is Complex (built of indirect inputs)

    Public Karma is Positive Karma

    SecretKarma can Out the Bad Guys

    2010 F. Randall Farmer & Bryce Glass

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    How Product Managers can cope with WebReputation Systems

    Many reputation models for different needs Check out http://buildingreputation.com and/or

    get a copy of the book!

    Choosing poorly can have a disastrous impactonyour products success!

    But you now have some tools for avoiding theworst problems!

    2010 F. Randall Farmer & Bryce Glass

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    Any Questions?

    2010 F. Randall Farmer & Bryce Glass