Thursday, October 13, 2005

Really Simple Syndication

Really Simple Syndication (RSS) is a lightweight XML format designed for sharing headlines and other Web content. The format has been active in the developer community for a couple of years, and is fast gaining acceptance of the average user.

Recent reports suggest that less than 2% of the adult internet surfers are currently subscribers of RSS. Now that is a very small number, but it is growing rapidly at the rate of more than 40% every month. And why shouldn't that be - afterall, the temptation of being able to dynamically subscribe ( or unsubscribe ) to the content that you are interested in is hard to resist, especially when the facility comes for free.

The rapid growth of RSS as a media for information dissemenation has also captured the imagination of interactive marketers and they are beginning to figure out ways to monetize this channel. But the question everyone is asking is - "How good is 40% growth per month given that the base is a miniscule 2% of adult internet surfers ? How soon is RSS going to be a BIG enough media channel that we can monetize from it ?"

Since RSS started off as a channel for the developer community as the next cool thing, no one ever cared about the usability of this channel. Infact, most of the users don't even know what RSS is even though a majority of news sites prominently display the "RSS", "XML" or "Atom" symbols today. To top that, the user who dares to click on one of these symbols is displayed an obscure XML file and does not know what to do with it.

If RSS is to become a BIG channel for information dissemenation going forward, someone would need to figure out how to market RSS as a service to the users and also make sure that it is really simple for the end users to subscribe and read the RSS feeds. It goes without saying that efforts have already started on both fronts, with companies like "Feedster" taking on the challenge of marketing the RSS service to the end users and companies like "Google" bundling easy to use RSS readers with their popular products like "Desktop Search". With interactive marketing majors putting their weights behind this new media channel, it shouldn't be long before this channel tips.

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