MarketWatch Reveals New Community Site for Beta Testing

MarketWatch is brewing up what could be a grand way to combat Motley Fool CAPS and other investment communities. The site is now featuring its new Community Site open for Beta testing.

I was at the MarketWatch homepage today when I ran across the advertisement to check out their new homepage. Figuring it was a new site design I followed to find out I was wrong.

mwcommunity_hand_300×100.gif

I don’t know why they claim its “The New MarketWatch Homepage” because I just can’t see them replacing their current homepage with a community driven one.

The whole idea of the new MarketWatch Community is based on getting more participation from readers and members to leave comments, discuss MarketWatch articles, etc. As a result of an involved community you then increase monthly pageviews by a big amount, which then converts to more ad revenue.

If you look at the Community Homepage you can see what the main features are:

  • Tag Stories. The more people that tag stories the easier it is to find content related to what you are looking for. With the use of a Community tag cloud this will be accomplished.
  • Recommend Stories. Once you recommend a story it attains a 1 - 4 star rating which is averaged with all other voters. Top stories will then be featured on a seperate page which is basically a digg like function for just MarketWatch content.
  • Comment on Stories. This feature allows you to leave a comment with any story posted on the MarketWatch site. Recent comments and the most commented stories are then featured on the Community homepage.
  • Make Market Picks. you can predict the future performance of stocks with a simple click of the mouse and your opinion is then weighed in with the rest of the community. Make good picks and you can be featured on the homepage.

marketwatch community beta logo

These are great features that should make participating simple and straight forward for users. Now will user picks become a source of investment advice? Most likely not, but still it adds interaction and gives value to each individual visiting the MarketWatch site.

I think this is a great move for MarketWatch, and I can already seeing myself spending more of my time discussing articles and giving my two cents worth.

Have you used the MarketWatch Community yet? What do you think about its future?

More on this topic (What's this?)
Introducing Marketwatch Community Beta
Portfolio Metrics: Beta
Criticisms of Alpha and Beta
Read more on Beta at Wikinvest

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-- Posted by Blain Reinkensmeyer on October 15, 2007 at 6:35 pm --

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Comments on "MarketWatch Reveals New Community Site for Beta Testing" are closed.
Comment by Bubs
2007-10-15 20:01:05

I’ve never used it but will definitely check it out. It might also be a good way to get some exposure for blog owners

 
Comment by Jonathan
2007-10-15 21:06:08

There isn’t too much in the way of social media for investing. I’m looking forward to getting involved.

 
Comment by Aaron
2007-10-15 21:58:54

I think this is certainly a good idea. I have yet to use it, but I certainly will at some point. The CAPS site at Motley Fool has been very successful for them so it is no surprise that marketwatch would want to get a piece of the action.

 
Comment by thewild1
2007-10-16 01:11:37

yeah the community is a good idea. i use marketwatch all the time. i am surprised i didn’t catch that.

 
Comment by Aleks
2007-10-16 07:33:30

Not bad, but what most investing sites are missing are good old forums. You guys know of any good ones?
The one at forbes is terrible, same for investopedia.
I do not like the Fool’s forum layout as well.
Any better ones?

Comment by Blain
2007-10-16 10:35:32

I co-founded one on stocks over at falkininvesting.com. It has several thousand members and is decently active.

 
 
2007-10-16 08:00:46

Does Chris Perunna the owner of MarketWatch?

Comment by Blain
2007-10-16 10:33:13

nono, marketstockwatch, I wish he was the owner of marketwatch, that would be an amazing contact to have! lol

2007-10-16 11:25:37

Ah, my mistake.

 
 
 
Comment by thewild1
2007-10-16 17:18:17

Anybody want to be my friend? grin
http://community.marketwatch.com/thewild1

Comment by Blain
2007-10-16 17:25:51

Good idea, friended. Here is mine,

http://community.marketwatch.com/StockTradingToGo cool

 
 
Comment by Bubs
2007-10-16 20:42:46

Just signed up here is my link

http://community.marketwatch.com/traderbubs

 
2007-10-18 12:34:59

[...] data from ANY broker, not just one. Secondly, sites like Motley Fool CAPS and more recently the MarketWatch Community are in the ballgame and they are both [...]

 
2007-10-21 17:44:52

[...] MarketWatch Reveals New Community Site for Beta Testing (13) [...]

 
2007-10-22 13:21:04

[...] light of the new MarketWatch Community launch, I figure that would be a good place to cast our [...]

 
2007-10-29 00:49:48

[...] 8 Ways to Fight Stress from the Stock Market (11) [...]

 
2007-11-08 15:47:47

[...] you haven’t played around with the new MarketWatch Community Beta maybe now is the time you check it [...]

 
2007-12-03 13:14:35

[...] 5th Way to Learn: Join a stock community. Communities are a great place to meet other traders, ask questions, and just read through detailed conversations that provide a wide variety of investor experiences and insight. Some great sites include Covestor.com, EliteTrader.com, Motley Fool CAPS, and MarketWatch. [...]

 
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