This morning saw the launch of the Diffusion Facebook & Politics research report, with the results of one of the most comprehensive assesments of how the Conservatives, Labour Party and Liberal Democrats are using the platform. We examined the profiles of over 169 MPs on Facebook, 564 prospective parliamentary candidates and the official Facebook presence of the three main political parties.

Why did we go to all that effort you may ask? Well, one of the most powerful criticisms of the social media industry is its propensity to jump on the latest bandwagon, often aided and abetted by a media eager to write about the next big thing. Recent coverage on the use of social media in the forthcoming general election has been an interesting case in point.

From the acres of press coverage devoted to it over the last 12-months, it would be easy to assume that Twitter is the only show in town. While few would argue that Twitter has provided a vibrant new platform for political discourse, we believe its significance is being over-stated.

It’s worth taking a moment to step back from the hype and look at the cold hard facts. Facebook remains the big beast of the social media world, with four in ten people in the UK (24m) active users of the platform. 18 million of those are estimated to be aged 18 and over.  Analysis from Hitwise for February 2010 shows that Facebook now accounts for over half (51%) of all visits to social networking sites. This compares to just 2% of all such visits to Twitter.

Social media and social networking sites specifically, have the potential to play a key role in the online campaigns of all political parties in the forthcoming general election. However, scale, reach, functionality and engagement will be critical success factors. This is why we believe that Facebook, not Twitter is likely to be the most significant platform employed to energise and organise party activists on the ground and influence undecided voters.

Some of the key findings from our research have been reported today in the Guardian and Metro, causing quite a stir in political circles. Our headline findings show that the Conservatives are, to date, clearly winning the Facebook election battle.  We will be releasing more detailed findings from the report over the next few days, so watch this space!

It’s been a day of high political drama with The Sun announcing that it’s turning its back on Labour to endorse the Conservative Party at the next general election. Nobody would accuse us of underestimating the importance of online media and digital platforms, but we would never be naive enough to assume that when it comes to political campaigning or PR in general, that national newspapers no longer matter.  However, surprisingly, this seems to be the agreed attack line adopted this morning by Labour spokespeople being interviewed about The Sun’s decision.

Everyone from Lord Mandelson to Charlie Wheelan to the Guardian’s Michael White have been on the TV and radio claiming that The Sun’s explosive decision to back the Tories doesn’t matter in today’s internet age with falling newspaper circulations.  Labour MP Kerry McCarthy, the parties new media chief even went so far as to claim in a Tweet last night that “Labour doesn’t need The Sun. We’ve got Twitter.”  As wonderful as Twitter is, it won’t have been read by close to 8 million people this morning, alongside a full-colour pull-out poster detailing what the paper claims to be Labour’s shortcomings.

There were some interesting Twitter sentiment analysis carried out yesterday by the team at Tweetminster in response to Brown’s speech, which classed 53% of tweets as positive with 21% negative.  The analysis is great to see but I don’t think it tells us anything more than lots of delegates at the Labour Party conference and supporters were on Twitter yesterday afternoon.  I don’t think Twitter is significantly Labour supporting, so again McCarthy’s claim of ownership over the platform for Labour seems rather misguided.

The pure online impact of The Sun shouldn’t be underestimated either. This morning it’s launched a Google Adwords campaign bidding on keywords including ‘Gordon Brown’ and ‘Labour Party’ which state  “The Sun endorses The Conservative Party for the next general election.” The paper’s FeelingBlue campaign has already translated onto Twitter within hours.

Ultimately lets not forget the 23 million plus unique users per month to Sun Online. Beyond pure news coverage The Sun’s website will be a key battle ground for seeding video attack ads and virals during the election campaign – following today’s switch it’s a battle which Labour’s online team will struggle to win.