There’s a new online social community dedicated to financial news that launched quite recently and has quickly become a familiar name and location for personal finance bloggers to visit.
Tip’d joins several other financial web resources out there such as
- PF Buzz, developed by Pinyo, a fellow personal finance blogger who writes for the Moolanomy blog
- Pfblogs.org developed by Flexo, another personal finance blogger who writes for Consumerism Commentary
- the Business and Finance categories of social bookmarking and media sites like Reddit, Digg, Stumble Upon and Mixx
- and others I’ve mentioned in this article about personal finance resources on the web.
Of all the sites out there, Tip’d reminds me most of PF Buzz, both of which at first glance appear to have similar features and goals.
I first heard of Tip’d when I was contacted by its community directory, Muhammad Saleem, who shared with me their philosophy:
Social news in the traditional format (like Digg) has too broad a focus to do justice to any specific niche. Given the political and economic climate, and people’s renewed interest in the finance sector (as well as personal finance) we think now is the perfect time to launch Tip’d, a social news site focused specifically on the business and finance vertical. Also given how Digg is moving forward, we feel that it will be in the publishers’ best interest to diversify their social news traffic sources, and Tip’d would be a great place to start for any industry site for that long-term, targeted traffic.
A quick check of the site and its profile reveals that it is backed by a strong team of entrepreneurs and experienced social media marketers, among them Andy Hagans and Mu Saleem. If you look closely, you’ll also notice that a familiar personal finance blogger is part of the team — Jim Wang of Blueprint for Financial Prosperity.
Here’s how Tip’d works: anyone can submit financial articles and news that they deem interesting enough to attract votes and trigger discussion, much like what you see in Digg. Users submit an article which picks up votes when people click the “Tip It” button. Users can share their comments by clicking the “Discussion” link under each submission. All sounds familiar? It’s the same mechanism you’ll see in most social news sites. With this intuitive interface, it should be pretty straightforward for anyone to become part of the Tip’d community.
As you’d expect, Tip’d has been described as a more targeted “vertical” Digg that’s dedicated to focused categories like investing, personal finance, business and real estate. I do think it’s interesting that several such online sites now exist that embody this premise, but it remains to be seen which one (or few) will take the ball and run with it. A social site will require critical mass to gain visibility and develop its community but given that Tip’d has the experience of top Diggers, SEO masters, social media experts and the solid support of personal finance sites behind it, I’d expect it to do very well in the social media realm.
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Tipd.com is a great growing finance community that I recommend everybody to join. As they can gain a lot of valuable information from the quality content that is submitted within the community by its users.
I’ve only visited Tip’d a few times, but I certainly like what I see. As you say, they have put together a talented team and I expect good things from them.
When the cost to participate is nil, I don’t see why someone wouldn’t give it a try, you know? I was particularly impressed with the team when I was first introduced to it, it has a lot of internet veterans.
I want to join this to build the community. I think community is very important in the online world.
This is a great community! I have really enjoyed being able to use this community. They are really easy to use and provide you with all of the financial sites, including sites that are not related to financial markets.
It seems as this is going to be a new competitive market in the social networking industry: personal finance communities and other niche social networks. Will definately help advertisers target their audiences, I am currently evaluating tip’d as I have been a huge advocate for pfbuzz the past few months.
There were some neat articles on the Tip’d site, thanks for sharing. It is cool to see the social media aspect being embraced and expanded upon in more and more niches. Really, I get a large part of my news through social sites and it is always nice to find a new one!
Thanks for tipping me off about this new site. I will have to check it out.
Thanks for pointing them out. I’ll go give it a look see.
Makes sense to target the financial niche. I wasn’t aware of Tip’d and will definitely review their site.
This looks like it could be a winner because there’s actually some decent content on there. It certainly has to be better than Digg and Propeller which have only ever sent me a trickle of visitors.