Hi ,
two new users every second! You can follow the impressive growth of Bluesky live online. By the time you read this newsletter, there may be 24 or even 25 million users.
Bluesky is no longer a niche experiment. It’s the platform everyone in the marketing ecosystem is watching. But what does this mean for marketers and advertisers?
From Xodus to Bluesky
Born as a decentralized alternative to X, Bluesky has captured the attention of disillusioned social media users seeking refuge from Elon Musk’s policies and moderation issues. This Xodus or eXit, catalyzed by recent U.S. political events, signals not just a trend but possibly a paradigm shift.
Recently in Austria a group of important journalists and media makers are celebrating the farewell to X. More and more media professionals and opinion leaders are also bidding farewell to Elon Musk’s platform internationally.
Bluesky is gaining attention as a decentralized alternative to major social media platforms. Its key advantage lies in the AT Protocol, which allows users greater control over their data and content moderation. The platform is still ad-free, attracting those dissatisfied with ad-heavy competitors.
Potential for brands?
But while CEO Jay Graber insists on preserving user experience, history tells us monetization becomes inevitable as platforms scale. Meta’s Threads, for example, initially ad-free, is now rolling out advertising in early 2025.
No ads? Not exactly. Brands like Hulu, Netflix, and Duolingo have already set up organic presences, testing the waters. For marketers skilled in organic strategies, Bluesky could be a playground to build communities without the noise of over-optimized ad campaigns. The platform’s custom feed options and user-driven culture suggest a future rich with creative potential.
But all is not sunny. Rapid growth has led to moderation struggles. Trolls, spam, and harmful content are testing the platform’s resilience. Bluesky’s community-driven moderation and transparency are stretched thin.
Bluesky must also contend with Europe’s Digital Services Act (DSA), which enforces strict compliance on digital platforms, from transparency in user data to content moderation. While it has committed to these regulations, gaps in local representation and data reporting could hinder its EU ambitions.
Should you join?
Should brands jump in? For marketers, Bluesky is a double-edged sword. Without ads, there’s no immediate revenue stream. But its ad-free nature also fosters a premium, less cluttered user experience. Your audience and objectives are the key factors here. It also depends on your appetite for experimenting with organic reach while betting on Bluesky’s potential ad ecosystem.
Marketers are watching Bluesky closely. However, many are not yet convinced. They’ve seen similar hype before (Clubhouse?) and they’re not about to get caught up in another fleeting frenzy.