There is clear dissatisfaction with the current state of marketing among the social media mavens.

• Fred Wilson and Union Square Ventures are looking for companies to invest in to take advantage of this.
• BuzzLogic releases their conversational ad service.
• The Inquisitr moves from AdSense to Technorati Media, indicating a potential shift at b5 Media.
• Lookery is providing demographic information that is relevant to social media providers and shaping ad presentation that way
• A completely off-the-radar person such as myself realizes that there is gold in what holds the attention, and that’s not always the latest and greatest

So what can be done? Jeff Jarvis points out that the problem lies with measurement. I agree, as there is only value in a system where all of the people involved agree on what the metric of record will be, and how it can be validly captured.

Currently CPM is the agreed upon metric. In a feed based online world, how does a CPM model work? And, most importantly, why would I continue to place your ads on my site if all your doing is advertising to people based on the words on the page, rather than who is looking at the page and how often that page is looked at.

In effect, advertisers should be the ones thrying to figure out how to get into the community, get into the conversation. As an advertiser, don’t you want to be where the action is? But how do you find an engaged audience in an online world that makes a sand castle on the beach in a hurricane look stable?

The challenge for advertisers is to be able to find the active communities and conversations effectively. The challenge for content creators and communities is to understand the value of their conversations, the interactions that people who visit the site have with the content.

In effect, a social media advertising model turns the current model on its head. Site owners and community creators gain the benefit of being attractive to advertisers because of the community, not because of the content. And site owners who understand who visits their site, what content most engages them, how they interact with the system will be able to reap the greatest rewards by selling their community as a marketable entity.

And Steven Hodson rounds out the week’s think on communities by throwing out the subversive idea that communities are not always free (as in ‘beer’, not as in ‘land of’). If a community has paid for the privilege of coming together to participate in communal events and discussions, then can’t that become an area for site owners to further control the cost of advertising on their site?

While the benefit of reduced or no marketing content is the benefit of many for-pay communities, this benefit can be used by site owners by saying that an advertiser can have access to the for-pay community at the cost of higher ad rates and smaller ads. The free community is a completely different set of rules, but there are also areas in the free community that are of higher value than others.

In summary, the current model is broken. But there is no way to measure the value of a Twitter stream, a FriendFeed conversation, a Disqus thread, or a Digg rampage. And until there is, we are stuck with an ad model that based on the words on the page, and not the community that created the words.

Steven Hodson of WinExtra posted a screenshot of his personal Wordpress stats for the last three years last night. I then posted my stats for a similar period of time, and Steven shot back with some question about traffic, and the ebbs and flows of readers.

Being the stats nut that I am, I went and pulled the data from my own tracking data, and came up with this.

I made a conscious choice to analyze what year the posts being read were posted in. I wanted to understand when people read my content, which content kept people coming back over and over again. The chart above speaks for itself: through most of the last year it’s clear that the most popular posts were made in 2005.

What is also interesting is the decreasing interest in 2007 posts as 2008 progressed. Posts from 2006 remained steady, as there are a number of posts in that year that amount to my self-help guides to Web compression, mod_gzip, mod_deflate, and Web caching for Web administrators.

This data is no surprise to me, as I posted my rants against Gutter Helmet and their installation process in 2005. Those posts are still near the top of the Google search response for term “Gutter Helmet”. And improving the performance of a Web site is of great interest to many Apache server admins and Web site designers.

What is also clear is that self-hosting my blog and the posting renaissance it has provoked has driven traffic back to my site.

So, what lessons did I learn from this data?

1. Always remember the long tail. Every blogger wants to be relevant, on the edge, and showing that they understand current trends. The people who follow those trends are a small minority of the people who read blogs. Google and other search engines will expose them to your writings in the time of their choosing, and you may find that the three year-old post gets as much traffic as the one posted three hours ago
2. Write often. I was in a blogging funk when my blog was at Wordpress.com. As a geek, I believe that the lack of direct control over the look and feel of my content was the cause of this. In a self-hosted environment, I feel thta I am truly the one in charge, and I can make this blog what I want.
3. Be cautious of your fame. If your posts are front-loaded, i.e. if all your readers read posts from the month and year they are posted in, are you holding people’s long-term attention? What have you contributed to the ongoing needs of those who are outside the technical elite? What will drive them to keep coming to your site in the long run?

So, I post a challenge to other bloggers out there. My numbers are miniscule compared to the blogging elite, but I am curious to get a rough sense of how the long tail is treating you.