The online professional network Xing has acquired Socialmedian, a social network news delivery platform. This purchase will enable Xing to offer business news to their more than 6 million users.

Since Social Media Marketing is a relatively new sector marketers have just started to test its many possibilities, sometimes engaging in very successful viral actions but in the learning process also committing what have already been identified as “errors” due to the Social Networks and communities environments and their “logical” behavior.

Some of the mistakes are:

• Fake profiles, content or interaction: You have to be honest and transparent to gain respect and succeed in the long term.
• Ignore other users, instead of engage in the community interaction
• Sell without giving first. You have to help the community before trying to sell or promote yourself
• Trying to participate in too much networks at the same time. You have to identify the most relevant, important ones for your niche to be able to engage as a highly valued user
• Not being constant. You have to participate often enough and be always alert of what it is being said.

Here are many others suggestions of what to avoid while interacting in Social Networks:

• 7 Deadly sins of Social Media
• 7 Stupid Social Media Mistakes – Are you making them?
• Social Media Marketing Mistakes And How to Avoid Them

Because of its 10th Anniversary Google has made available its 2001 search index! .. among other celebration options and activities.

We have searched for “Social Media Marketing” to test it and confirmed that back in 2001 “Social Media Marketing” didn’t existed yet… take a look:

Social Media Marketing Search Results in Google back in 2001

The biggest photo sharing community Flickr has released a useful new functionality: a fullscreen slideshow.

You can view not only pictures but also videos in the slideshow, and share it or insert it in your own site.

This is the official “demo” posted in Flickr announcement:

Are you a Flickr user? If so, have already use this new functionality? What do you think about it?

According to brimdeforest.com the Family History Department of the Mormon Church has made an unsolicited bid to acquire Facebook. The offer would be around $5 billion dollars! (It seems that the Church has enough money to make this kind of investments.)

Read more about this in: Mormon Church Makes Bid To Acquire Facebook

Do you think Facebook could be really sold to the Mormon Church?

A lot have been written about the concepts and the power of Social Media. That’s why the best way to introduce you to them is with a series of compiled resources -articles, tutorials, videos- that have been already published by authorities in this field.

Let’s start this series with the beginning: What is Social Media Marketing?

According to Wikipedia:

Social media is the use of electronic and Internet tools for the purpose of sharing and discussing information and experiences with other human beings.

If this explanation is too “vague” for you, why don’t you watch this quick video where social media concept is introduced with an easy to understand analogy:

This presentation also gives us an excellent overview about Social Media landscape, its importance for business and a comparison with other type of media:

Finally, here it is a compilation with the best Social Media concept explanations:

• What is social media? by Scobleizer
• 15 Free Social Media White Papers and Ebooks by Mashable
• What is social media? by bigmouthmedia

After having read about the basic Social Media concept: Are you already a Social Media active user? What is the value that you perceive of the Social Media as a user? Do you think Social Media will become the next big “area” for online investments?

Today we launch Social Media Watch.

Social Media Watch purpose is to become a useful online resource, where Internet marketers, social media and Web 2.0 enthusiasts will be able to:

• Stay updated with the most recent social media news
• Read articles with in depth analysis and reviews about the most important or interesting social media events, networks, tools and services
• Have access to a list of the most important social media networks and services organized by their different categories or areas of “action”
• Get tips, advice and guides about social media and Internet marketing strategies
• Interact with other social media enthusiast and Internet marketers
• Much more to come!

We invite you to subscribe to our RSS feed and stay tune to start getting fresh social media information!