Buffer (application)

Last updated
Buffer
Developer(s) Buffer, Inc.
Initial releaseNovember 30, 2010;12 years ago (2010-11-30)
Stable release
4.1.2 / January 10, 2015;8 years ago (2015-01-10)
Platform Android, iOS, web
Size 13.5 MB
Available inEnglish
Website buffer.com

Buffer is a software application for the web and mobile, designed to manage accounts in social networks, by providing the means for a user to schedule posts to Twitter, Facebook, Instagram, Instagram Stories, Pinterest, and LinkedIn, as well as analyze their results and engage with their community. It is owned by remote company Buffer Inc.

Contents

The application was designed by a group of European experts in San Francisco, [1] most notably Joel Gascoigne and Leo Widrich. Gascoigne is currently the CEO of Buffer. [2] By August 2021, the team had reached 85 people working remotely from 15 countries in different parts of the world, more than 4.5 million registered users and over $16 million in annual revenue. [3]

History

Buffer began its development in October 2010 in Birmingham, United Kingdom by co-founder Joel Gascoigne, who established the idea of the social media application while he was in the United Kingdom. [4] Once he developed the idea he created a landing page to see if enough people were interested in the product to make it a profitable venture. After reaching a critical mass of registrations, Gascoigne built and designed the first version of the application software over a span of 7 weeks. [5]

On November 30, 2010, the initial version of Buffer was launched. It contained limited features which only allowed access to Twitter. Four days after the software's launch Buffer gained its first paying user. [6] A few weeks after this, the number of users reached 100, and then that number multiplied to 100,000 users within the next 9 months. [7]

In July 2011, the cofounders decided to move the startup venture from the United Kingdom to San Francisco in the United States, and Buffer was converted into an incorporation. Whilst in San Francisco, the cofounders dealt with the San Franciscan startup incubators AngelPad. This was due to the increase in cost after moving from Birmingham. Throughout December 2011, cofounders Joel and Leo were able to secure 18 investors to their company, after being refused by 88% of the people they met with to offer an investment to their company. [8] The investors include Maneesh Arora, the founder of MightyText, Thomas Korte, the founder of AngelPad, and Andy McLoughlin, the co-founder of the software company Huddle. [9]

Due to visa issues with the co-founders, the company's base shifted to Hong Kong in January 2012. Then in August 2012, following more visa issues, it migrated again to Tel Aviv, Israel. In October 2012, Joel Gascoigne reported that "1.5-2% of users are on the paid plan, so we’re currently on a $800,000 annual run rate". [10] In May 2013, the company's base shifted back to the United States, after the co-founders’ visa predicaments were resolved. [11] Around this time Buffer intentionally made its salary calculation algorithm public (along with the calculated salaries of its 13 employees; this number has since grown to exceed 80, almost all of whom opt-in to the salary-publishing culture). [12] [13]

Features

Free features

Buffer allows users to schedule posts sent through the application to the user's social media accounts (you can connect 3 social accounts via the free version). This feature can schedule and send posts to Twitter, Instagram, Facebook, LinkedIn and Pinterest. There are various default time slots in the application, which are based on the times during the day when social media users are most active online. However, Buffer does allow its users to mend or remove the default time slots if they wish to do so. [14] The free version of the application allows a maximum limit of 10 posts to be scheduled at any given time, and only allows the management of one social media account per social media website. Buffer also contains features that give post suggestions to users, and gives information on the number of clicks, retweets, likes, favorites, mentions and potential views each post has, which is based on the number of feeds that single feed would show up on. [15]

The Buffer application is compatible with three different platforms:

Buffer offers a paid plan, named Pro, which gives paying users access to additional features, such as the Feeds feature that adds an RSS feed to a user's Buffer profile, displaying suggested links from external websites chosen by the user. Additional features include analytics for the number of posts sent out and the number of active users over a span of time. The plan also allows an increased limit of 100 posts at any single time, and the option to manage 8 social account profiles. [17] On August 6, 2019, Buffer announced a new feature for paid plans - the Hashtag Manager. [18] The new feature allows paying members to create and save groups of hashtags directly within the Buffer composer.

Buffer for Business

Buffer for Business is an extension of the Buffer application intended for managing social media accounts for businesses and corporations. It launched in 2013. It contains a similar interface to Buffer, but with additional features, including:

The costs of Buffer for Business differ depending on the scale and size of the potential user's business. The categories are:

Buffer for Business produced over 10% of the company's total revenue in December 2013. [22] In 2014, the app was used by over 2,500 publishers and agencies. Organizations that use Buffer for Business include About.com, Fortune , and Business Insider . [23]

Popularity and growth

After its establishment in 2010, Buffer's total revenue per year increased to $1 million in January 2013, and then crossed $2 million in September of the same year through the growth of customers using the application. By September 2013, Buffer gained 1 million users, with around 16,000 paying users. The number of posts shared through Buffer application crossed 87,790,000 posts and the number of accounts that were used through the application reached 1,266,722, with an average of 70 posts per account. [24] By February 2014, the number of Buffer users reached 1.3 million. The organization's annual revenue reached $3,900,000, a 38.3% increase since December 2013. [25]

Acquisitions

In December 2015, Buffer acquired Respondly, [26] a social media customer service and brand monitoring tool, which it has since rebranded to Reply. According to the terms of the contract, the cost of the acquisition was not released. [27]

Partnerships

Buffer is partnered with various other software applications and companies. Most notably, Buffer is an official Facebook Marketing Partner under Community Management. [28] Additionally, Buffer has partnerships with WordPress, Twitter, Zapier, IFTTT, Feedly, Pocket, Shopify, Reeder, and Quuu.

Security

In October 2013, Buffer's system was hacked, allowing the hackers to get access to many users’ accounts. This resulted in the hackers posting spam posts through many of the user's social media accounts. On October 26, 2013, Buffer was temporarily suspended as a result of the hacking. Co-founder Joel Gascoigne sent an email to all users, apologizing about the issue and advising Buffer users about what steps they should take. Buffer was then unsuspended within the same week. [29]

Daily, launched in May 2014, was an iOS app developed by Buffer that helped users manage their social media accounts on Twitter, Facebook, LinkedIn and Google+. In the app, a user could accept and share, or dismiss, suggested links and headline through Tinder-style swiping gestures. [30]

In March 2015, Buffer launched Pablo, a social media image creation tool. Its aim is to create engaging pictures for social media within 30 seconds. [31]

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References

  1. ↑ Eric Eldon (20 December 2011). "Sharing Scheduler App Buffer Raises $400,000, Gets Kicked Out Of US". TechCrunch. Retrieved 15 April 2013.
  2. ↑ Buffer Team. "Team". BufferApp. Retrieved 30 October 2014.
  3. ↑ "Buffer". Buffer. Retrieved January 3, 2020.
  4. ↑ Doherty, Jon (21 January 2013). "Talking Marketing with Leo Widrich of Buffer". johnfdoherty.com. Retrieved 30 October 2014.
  5. ↑ Gascoigne, Joel (16 February 2011). "Idea to Paying Customers in 7 Weeks: How We Did It". Buffer Blog.
  6. ↑ Widrich, Leo (19 September 2013). "From 0 to 1,000,000 Users the Journey and Statistics of Buffer". bufferapp.com. Retrieved 30 October 2014.
  7. ↑ Siu, Eric (26 July 2012). "How Guest Posting Propelled One Site From 0 to 100,000 Customers". searchenginewatch.com. Retrieved 30 October 2014.
  8. ↑ Widrich, Leo (19 September 2013). "From 0 to 1,000,000 Users the Journey and Statistics of Buffer". bufferapp.com. Retrieved 30 October 2014.
  9. ↑ Widrich, Leo (20 December 2011). "The 17 Awesome Investors in Our 400000 Seed Round-and How We Met Them". bufferapp.com. Retrieved 30 October 2014.
  10. ↑ Goran Duskic (18 October 2012). "Joel Gascoigne tells why he is focused on the lean startup approach and customer happiness". WhoAPI. Archived from the original on 1 March 2016. Retrieved 17 February 2016.
  11. ↑ Widrich, Leo (19 September 2013). "From 0 to 1,000,000 Users the Journey and Statistics of Buffer". bufferapp.com. Retrieved 30 October 2014.
  12. ↑ Stuber, Sophie (5 February 2020). "This company published every employee's salary online. Did it make pay more equal?". Guardian. Retrieved 1 October 2020.
  13. ↑ Cooney, Samantha. "Should You Share Your Salary With Co-Workers? Here's What Experts Say". Time. Retrieved 1 October 2020.
  14. ↑ Moreau, Elise. "Buffer App Scheduling Tool for Twitter, Facebook and LinkedIn". WebTrends. Retrieved 30 October 2014.
  15. ↑ "Buffer for Social Media: Twitter & More By Buffer, Inc". Itunes. Apple. 23 October 2014.
  16. ↑ Moreau, Elise. "Buffer App Scheduling Tool for Twitter, Facebook and LinkedIn". WebTrends. Retrieved 30 October 2014.
  17. ↑ "Social Media Management Tools | Buffer Awesome Plan". buffer.com. Retrieved 2018-05-09.
  18. ↑ Read, Ash (2019-08-06). "Announcing Hashtag Manager: A New Tool to Help You Save and Organize Hashtags for Instagram". Resources. Retrieved 2019-08-08.
  19. ↑ Dugan, Lauren (18 December 2013). "Buffer For Business: Powerful Analytics, Team Collaboration And Data Exporting For Twitter". Media Bistro. Archived from the original on 31 October 2014. Retrieved 30 October 2014.
  20. ↑ Cooper, Belle Beth (12 December 2013). "Introducing Buffer for Business: A Simpler and More Powerful Social Media Tool". Buffer App. Retrieved 30 October 2014.
  21. ↑ "Buffer for Business". Buffer for Business. Retrieved 30 October 2014.
  22. ↑ Widrich, Leo (8 December 2013). "How Much Revenue Did Buffer for Business Generate for November?". Buffer App. Retrieved 30 October 2014.
  23. ↑ "Buffer for Business". Buffer for Business. Retrieved 30 October 2014.
  24. ↑ Wagner, Kurt (19 September 2013). "Tweet-Scheduling App 'Buffer' Hits 1 Million Users". mashable.com. Retrieved 30 October 2014.
  25. ↑ Gascoigne, Joel (5 February 2014). "Buffer January Update $3,900,00 Run Rate, 1,320,813 Users" . Retrieved 30 October 2014.
  26. ↑ Williams, Owen (2015-12-17). "Buffer expands into social media helpdesk as it acquires Respondly". The Next Web. Retrieved 2018-07-11.
  27. ↑ "Buffer Has Acquired Social Media Customer Service Tool Respondly! Here's the Full Story". Open. 2015-12-17. Retrieved 2018-07-11.
  28. ↑ "Facebook". facebook.com. Retrieved 2018-07-20.
  29. ↑ Jantsch, John (28 October 2013). "How You Handle Controversy Speaks Volumes About Your Brand". Archived from the original on 17 November 2014. Retrieved 30 October 2014.
  30. ↑ Lunden, Ingrid (26 June 2014). "Daily, A New App From Buffer, Uses Tinder Gestures For Finding And Sharing Content". TechCrunch. Retrieved 30 October 2014.
  31. ↑ Gayomali, Chris (2015-03-05). "Buffer's Speedy New Tool Makes It Easy To Overlay Text On Your Twitter Pictures". Fast Company. Archived from the original on 2019-11-24. Retrieved 2019-11-24.
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