Monday, October 17, 2011

Universities Utilizing Facebook for Recruiting

Universities are working hard to harness the power of social media to help lure in prospective students and to build school spirit among current students. The number of schools from the survey sample who reported using social media has grown from 61% to 100% in just four years. Clearly, college admissions and public relations staff have discovered that Facebook is an efficient, cost-effective way to not only reach students, but also parents, friends, and family members who hold sway in the college decision-making process.

A recent article on Mashable.com outlines the seven top ways that schools are utilizing Facebook. The strategies range from basic alumni group pages and dedicated groups for admitted students to pages for the school mascot and downloads of wallpapers and decals. The University of Kentucky has gone as far as planting giant wooden symbols on campus that look like the Facebook place markers to encourage people to check in at various campus locations.


Many of the techniques that the schools are using are easily translatable into other business settings. Arts organizations, for example, could certainly utilize the virtual tour programming to create exciting 360˚ tours of their venues to help patrons navigate the venues upon arrival or to show the view from the stage, or other vantage points that the typical audience member never gets to see. As always, it all boils down to getting people engaged and interacting with you through social media networks.

"Ads are just answers"

Google is repositioning the way it looks at ads with its "answers" project (http://www.google.com/ads/answers/). It built on the idea that "maybe the best ads are just answers" and is broadening their advertising menu. From a marketing perspective, I think google is asking the exact right question: what information does the searcher need to make the best purchase. The factors they've identified thus far (aside from specific products) are video samples, proximity, and recommendations (+1). You can read more about the thought-process behind this new initiative here: http://googleblog.blogspot.com/2011/10/ads-are-just-answers.html.

As a consumer, I think this process opens up tremendous opportunities. Along the lines of the discussion we had on Saturday, I never click the sponsored ads...I just trust the organic search more and the text ads in the sponsor block provide no extra value. Ads with video content or that highlight the number of positive recommendations do create value for the company (a more informative/relevant ad) and the customer (getting me the answer I want).

One question that I wasn't able to find the answer to is, what is the pricing structure for ads with media content (such as video or graphics) since there certainly is a greater advantage to having that additional media.

Friday, October 14, 2011

Branded Captchas

Solve Media offers Type-in ads as an alternative to the captchas that have become so prevalent online. Based on the idea that one of the few times in which we give our undivided attention to any online message is when we type in a captcha, Solve Media has replaced the standard random letters and digits with a brand message. According to a report , http://www.mediapost.com/publications/article/159976/, which analyzed several Type-in campaigns, these new captchas appear to be very successful at increasing brand awareness and recall, although more so for Fortune 500 companies than for new brands. What is most interesting about Type-ins is that they are a new type of advertisement and one that is specific to the online experience in that the user is forced to engage with brand message. Perhaps the success of Type-ins will encourage different forms of online advertisements that move beyond passive viewing or the quasi-interactivity of clicking on an online ad.

Paper-book: where have my good times gone?

http://www.youtube.com/watch?v=pQHX-SjgQvQ

When I was a kid my grandmother was working in a book store in a small city. In my memories this book store was a place like nothing else, a kind of dreamland. I was a big fan of comics and it was so impressive to see all the fixtures full of books. Before looking at the draws page by page and reading the stories, the first contact with my heroes was the book itself. Seeing the books in the fixtures, taking one, looking at the cover, looking inside, taking another one… was my first pleasure. Then I sat in a quiet side of the store, focusing in one book from A to Z, and nothing else around could distract me. During these years I read so many comics like Tintin, Spiderman and the Smurfs. I bought my favorite ones and I was so proud to get them at home. While I was reading my grandmother was talking to the customers about the new releases, sharing her opinion and giving advice's about what to read.

These times are gone. I am no longer a kid, the book store has closed, like many other book stores are doing every day. The sales of books are going down… and the e-book appeared: digital and cold. No more pleasure to touch it, turn the pages, go back and forth. Nowadays we read on the same device as we consult our bank account.

But may-be I am too nostalgic. Have the e-books killed the book stores? I don’t think so. The book stores were closing anyway before the e-books occurred. The e-books represent a great opportunity to get people back to reading more. They give an access to reading to more people, like the ones who live far from the big cities. They give more choice than we can get in any book store. And they allow more writers to be read since it is easier to post a novella online than being “paper-published”.

So Tintin, I am pleased to see you again… in my i-pad. What? You are as well at the movie theatre in 3D?


Luxury Brands in the Digital Space

Like any other women my age, I have a bit of a taste for luxury brand bags and shoes. Shocker there, right? But I'm also a marketer and interested in how some of my favorite brands play in the digital space. And of course, most of them don't! Fashion houses like Gucci and Prada, which are historically elitist, have an opportunity to push themselves into the mainstream without losing their aura of exclusivity which has been an ongoing concern. Hence, the Digital Marketing Commandments for Luxury as pointed out by mashable.com. It's an interesting and fun read.. My personal favorite is the push towards actually spending time and money on digital media. You can't just repurpose content from a print ad and expect it to work in a social media campaign. Following these rules will help further elevate a lot of these brands by further creating a following and envy.

http://mashable.com/2011/10/11/digital-marketing-luxury-brands/

Give the Samwer brothers a break

While the whiz kids of Germany, the Internet entrepreneur trio of Samwer brothers have been wildly successful in starting, building, and selling more than 5 Internet companies over the past 15-18 years, they have continued to receive negative headlines because of their lack of comfort in speaking with media, public interviews, etc.

I agree that when they attend events like the annual IdeaLab conference, and other events around the world, they are expected to engage and speak with many colleagues, fellow entrepreneurs, and others in the same tech world. I believe it is a duty, to an extent, to "share" wisdom, experience, and knowledge with community once people have become successful as a method of good karma, and giving back to society. At the same time, I respect that many people - and no offense here because I am an engineer by education - but many of my strong techie friends and colleagues are not very socially comfortable. Their comfort zone is not in front of a camera, in front of a large group of people, or even meeting with shareholders for that matter. And so in many cases they prefer not to waste their time on things that are of not much interest. Rather, they love sticking to what they know and love, which is of course, creating, building, tweaking, and launching new and exciting tech ventures where they can get lost in the projects.

More power to 'em. Stick to what you love !

http://eu.techcrunch.com/2011/10/14/oliver-samwer-walks-out-of-an-interview-with-techcrunch/

Siri and Our Lives

While there was initial disappointment with the release of the iPhone 4s vs the anticipated "5", a few days have given us time to digest the impact that Siri might have on mobile technology. Siri is a voice recognition and assistance solution that's likely to change the mobile landscape as we know it. For example, instead of searching for weather you can ask the device if you need an umbrella, as you would a personal assistant. The device responds, "Rain is not in the forecast." These certainly seems like a natural progression, and it's interesting to note how much we've adapted to technology over the last decade. Certainly the next 10 years will usher in a period in which we better integrate with our electronic devices, and Google may have been one of the first to begin this trend with it's approach to search algorithms. At one level, Siri is the next level of search which has adapted to us (and our common conversational language) versus us adapting to an algorithm. The sky is the limit with this software.

Once you couple SIRI with location services, you essentially have a personal assistant reminding you of places to go, errands to run, as you mindlessly shuffle through your neighborhood. Now your phone is an even stronger extension of your mind. Will Siri isolate us more or enable us to better integrate? Time will tell.

Thursday, October 13, 2011

The Social Media Perception Gap

A detailed analysis highlights the gap between what consumers want from engaging with brands on social media and what businesses think they want. When consumers were asked about their reasons for engaging with a brand on social media, the top two reasons were to receive discounts or promotions and to make a purchase. When businesses were asked this same question, the top two reasons were to learn about new products and to receive general information. This perception gap illustrates that there is much room for improvement in terms of brands increasing the effectiveness of their social media strategy. In order for brands to close this gap, they should start taking into consideration what their customers want when they engage with them on social media. The report also provides some very interesting insight on why consumers break up with brands.

http://www.briansolis.com/2011/10/i-think-we-need-a-break-its-not-me-its-you/

How to Measure Results in Digital Marketing

I found this really interesting video (3 minutes) on How to Measure Results in Digital Marketing. Brett Relander of Tactical Marketing Labs discusses the importance of measuring the results of your marketing efforts and provides tips on how to do it.

http://socialmediatoday.com/brettrelander/277233/how-measure-results-digital-marketing

He talked about the importance of Goggle Analytics and how to use to understand the customer behavior, segmentation, searches, keywords and most importantly there demand for your product

I work for a retail company and we use Google Analytics to manage customer traffic and understand customer behavior. We started a Baby products marketing campaign and Google Analytics played an important role to help us measure this digital marketing campaign.

Thanks Mo Khalid

Online advertising can pay off in-store

While the general rule is that online advertising is less efficient for CPG brands, a new report shows that digital ads help to drive in-store purchasing. This is great news for companies that are trying to crack the code of how to optimize online marketing for in-store payoffs. Coupons are the key driver now but it will be interesting to see how this advertising medium evolves in the years to come.
http://www.bizreport.com/2011/10/cpg-brands-find-online-ads-pushing-in-store-purchases.html

Translation in the Digital Age

I've often thought that though we consider the digital age to be tied to a "world wide web" the global nature of our communications remains relatively limited. Much of this, of course, centers around the issue of language. Roughly 328 million speak English-- around the same number of people who speak Spanish. Those numbers are dwarfed by the 845 million that speak Chinese and another 460 that speak Hindi. So in the world of digital marketing, how do you get your message out to a global audience?

Smartling is a new tech start-up aimed at helping users translate their digital content into multiple languages quickly and accurately. The company is featured in this month's Fast Company Magazine. The idea of localizing content is not new. However, it's often been more burdensome than many suspect and the potential for Smartling to help digital companies source their translation needs in a cost effective way is enormous.

Of course, what Smartling does not address is whether one message really is appropriate for all cultures. How a company targets their segments is something that must be considered carefully. What engages users in Wisconsin will not necessarily work in Beijing. Still, it's a step in the right direction...

Fast Company Article:
http://www.fastcompany.com/1787015/smartling-ceo-jack-welde-translation-localization

Facebook Totally Caved To Apple On Its New Mobile Platform


AFacebook announced a huge extension of its mobile platform today, and as long rumored, the company is going to be spreading its payment platform, Facebook Credits, to the mobile versions of all Facebook apps.



This could have been a blow to Apple, giving a way for developers to sell content -- like virtual goods, song downloads, or news subscriptions -- within iPhone apps without having to go through Apple's App Store and give Apple its 30% cut.



Except that Facebook won't let developers use Facebook Credits on the iPhone or iPad.



Here's the relevant bit from a post by Facebook's Luke Shepard that will appear on Facebook's Blog shortly:



Today, we are extending Facebook Credits to support mobile web apps. Facebook Credits is a payment system that provides a safe, easy way for users to pay for your content. The same policies are also extended to mobile web apps, requiring all games to use Facebook Credits as their exclusive payment mechanism. By requiring games to use Credits on both mobile web and apps on Facebook, we offer our shared users a simple and consistent experience when buying virtual goods in games. Native iOS apps and mobile web apps that are running within a Facebook iOS app may not use Facebook Credits. [emphasis ours]



Now we have a pretty good idea what took so long to get the iPad app approved -- Facebook and Apple were probably going back and forth over this point. Apple won.



The updated Facebook mobile platform has a lot of other features for mobile developers that help users discover and spread their apps, and a lot of these features were done in cooperation with Apple.



Bookmarks. When users install a Facebook app, bookmarks to the mobile version of that app will now appear within the Facebook app on iPhone and iPad. If users click on the bookmark, the mobile version of app will be launched -- unless users don't have it. In that case, they'll be guided to the iTunes App Store to buy it.
Requests. Facebook apps will now be able to send requests to mobile phone versions of the same app. For instance, if I'm playing a game on the Facebook Web site, and my opponent is playing on her iPhone, she'll see a notification whenever the app tells her something (like "your move, sucker.")
News feed. When mobile users see an app notification in their Facebook news feed, they'll now be able to tap on that notification to launch the app. Previously, users could see app notifications on the mobile version of Facebook, but couldn't interact with them.
Authenticated referrals. Whenever a user gets one of these notifications on their mobile device, they will be prompted to log in before launching the mobile app. This lets developers deliver a personalized experience.
The updates are available on iOS and Facebook's mobile Web site today, but are coming to Android native apps soon.
Developers can get all the details on Facebook's developer site. Facebook is also holding a Mobile Hack event on October 28 for interested developers.

Web Start-Up Froth and the Angel Investor

The WSJ published a story titled, "Web Startups Hit Cash Crunch" and there has certainly been considerable buzz about an impending crash. To wit: nearly one-third of daily deal sites have shut down this year, and many other "me too" business models are struggling to gain traction after raising cash.

The recipe for the froth seems pretty clear: a week economy is encouraging many people to take chances funding a start-up, while unpredictable public markets are encouraging investors to chase the next Google or Facebook. The problem is that most investors don't have access to start-ups founded by entrepreneurs with proven track records, since VC firms like, Sequoia, already have established relationships. While a lot of unlikely entrepreneurs are churning out business plans these days - and you never know, your neighbor looking for angel investors might have the next great idea - be very weary of the start-up mania that's occurring right now. Here are some tips for investing in a good start-up:

1) Truly understand the market and business model -- this seems obvious, but a lot of investors get caught up in ideas they don't entirely grasp. Do your homework and make sure the model can be monetized. I see far to many companies burning cash without a plan.
2) Make sure this is a unique model, and not another "Me too" company. While some clones will work or can be done better, the first mover advantage is huge. Just look at Craigslist.
3) Diversify -- most VC firms make 100% profits form just 10-20% of their investments (and don't expect to be seeing a success rate like that without serious connections). It's better to put $20k in 5 companies than $100k in one. Even great ideas, like mobile apps, can fail for reasons beyond anyone's control. The App Store and Google's algorithms can ultimately decide.
4) Vet management -- Lots of people have ideas, but far fewer are able to execute. And make sure at least someone on the team has experience in the market they're entering.

New Fourquare Feature: Radar

We're in an interesting era of content explosion in the mobile/digital world - as we get our hands on more info, recommendations, suggestions, reviews and deals, it seems that apps are constantely trying to notify us when there's something better or more exciting we could be doing. This trend is continued with Foursquare's newest feature - Radar.
Radar tells you what's going on around you and pushes those notifications even when the app is off. This assumption is that you'll want to be reminded to check out this new restaurant, or that your friends are meeting nearby. Foursquare really needs to get this right, because if the notifications aren't contextual, personalized and helpful, this could be the most annoying app feature I've ever heard of.

As we continue to evolve in the information overload space, it puts the onus on apps/mobile features to really curate content, as opposed to just blasting out whatever the last advertiser told them to.

Check out more detail here: http://techcrunch.com/2011/10/12/foursquar-radar/#comment-box

Wednesday, October 12, 2011

Facebook Analytics

http://www.brandingpersonality.com/new-facebook-analytics-tool/

Facebooks new analytics tool, "What people are talking about" is a great way to see how well your fan page is doing. The tool tracks metrics such as number of wall posts, likes, sharing things from the page, answering questions on a page, mentioning your page, and checking out your page. The tool also reports two new metrics that have never been tracked before - "Friends of Fans" which is exactly what it sounds like and "Weekly Total Reach", which reports how many people on facebook have referenced the page in any way, how many other pages have mentioned it and how many things on your page have gone viral.

The tool rolls up all of these metrics into a simple "What people are talking about" score which gives you an overall score on how well your page is doing.

Mobile devices are commanding a majority of web traffic

As everyone watches how SMARTPHONES and TABLETS will take over the world, it seems that they are steadily accounting for more and more of the web traffic each day. According to comscore, 7% of all web traffic stemmed from smartphones and tablets, most of the smartphone traffic coming thru a wi-fi connection .

As mobile web traffic continues to grow it will be interesting to understand which companies and industries will be fast movers to adopt compatibility with mobile web search, and which of those that will be left behind. How does one make the mobile web experience not only pleasant, but suitable enough that users will spend considerable time on their site or application? The retail industry has seemed to adopt the quick trend of mobile websites compatible for most phones. however, some companies even within the travel industry have failed to adopt a mobile web site format which may eventually hurt purchases - as consumers price search more and more each day.

Brands should be more and more cognizant of their mobile web presence to facilitate a customer friendly experience.


http://bits.blogs.nytimes.com/2011/10/12/mobile-accounts-for-7-percent-of-web-traffic-report-says/?ref=technology

Government initiative to increase digital literacy

The FCC is putting forth effort to provide basic computer training and subsidize broadband access. Is this a worthwhile effort, or a waste of taxpayer funds? In my humble opinion, this is an excellent endeavor akin to teaching someone how to fish to feed them for a lifetime, rather than bringing them a fish and feeding them for a day (or however the saying goes).

While the pessimist in me acknowledges that subsidizing broadband access may be abused and used for mischeif and harm, and that providing basic computer training can only go so far, the optimist in me believes that teaching computer skills and providing internet access will truly empower people for greater things. With 80% of Fortune 500 companies requiring appliations online, increasing digital literacy is as necessary a part of our society today as traditional literacy. Not knowing how to use a computer significantly handicaps one from being employed at most industries and positions: in this day and age, computer skills are necessary for anything from simple time entry and email communication, to writing reports and complex programming. Additinally, armed with computer savvy, one can search the internet for prospective jobs and submit the applications at the touch of a keystroke.

To succeed, these programs and partnerships which the FCC deploys must be well managed and closely monitored. With the rest of the world ahead of this curve (as diagnosed by the reference to South Korea in the article), we as the U.S. need to be cognicent of dynamically changing and conforming to the people's needs to be totally effective.

www.nytimes.com/2011/10/12/us/fcc-expanding-efforts-to-connect-more-americans-to-broadband.html?_r=1&ref=technology

U.S. Mobile Ad Spend To Pass $1 Billion For The First Time

Mobile advertising is still a small and young business when you compare it to how much money goes into digital—let alone offline—advertising and marketing campaigns. But there are some clear signs of it growing up fast: eMarketer says the U.S. is on track to have its first year of $1 billion-plus in mobile ad revenues.



EMarketer first floated its $1 billion prediction back in April, but now it is revising that number up to $1.23 billion.



What’s driving this fast growth? Increased confidence from advertisers in the medium, for one. But also the fact that these advertisers are getting better scale for their investment: by the end of this year, some 38 percent of all U.S. consumers will be using a smartphone, accessing the mobile internet at least one time each month, says eMarketer.



The $1.23 billion figure is nearly double the investment made by advertisers into mobile ads in the U.S. in 2010, which was $743 million. And eMarketer believes that by 2015, that number will go up by another $4 billion to reach nearly $4.4 billion.





In its calculations, eMarketer includes the three main areas of advertising on mobile today: display ads, search ads and messaging-based advertising, with ads viewed both on phones as well as tablets. But within that, some areas appear to be growing faster than others:
Search advertising has seen the most growth over last year, and eMarketer predicts it will nearly double in its revenue in 2011, to $349 million from $185 million in 2010. Video will also see 100 percent growth, although the starting point is very small indeed: it will make nearly $58 million in revenues, compared to $28 million a year ago. Video, in fact, will see the most growth in the next four years and by 2015 will be generating more revenue than banners/rich media generates today.



Display (which includes rich media and banner ads) is also showing strong growth, and is currently the second-largest format. Display will generate $376 million of revenue in 2011, it predicts, compared to $202 million in 2011.



And as you would expect, the oldest format, messaging, grew the least but it remains the biggest format for mobile ads today. Messaging will generate revenues of $443 million this year, compared to $327 million in 2010.



(The full breakdown of how each format will balance out compared to the others is detailed at the end of this post.)



What we cannot see from eMarketer’s figures is how advertising distribution/consumption—and crucially engagement—is comparing across smartphones versus tablets, and whether some platforms encourage more interaction than others. Given that tablet penetration is still low compared to smartphones, it’s likely that they are still carrying only a small part of traffic, but that they will be key to the rich media and larger (more premium) format growth over time.
eMarketer says that it bases its calculations on a “meta-analysis of mobile advertising estimates from research firms,” as well as company data from mobile ad networks, smartphone and tablet usage trends and interviews with executives.



http://paidcontent.org/article/419-u.s.-mobile-ad-spend-to-pass-1-billion-for-the-first-time-this-year/

What can Steve Jobs Still Teach us?



What Can Steve Jobs Still Teach Us? By: FastCompany StaffSeptember 14, 2011

What Can Steve Jobs Still Teach Us?
By Cliff Kuang
Apple's Leader has died at the age of 56, having recently stepped down as Apple's CEO. He wasn't trained as a designer or an engineer. But he was one of the greatest users of technology ever. That was his secret asset.

Paul Chinn/San Francisco Chronicle/Corbisn
In the wake of Steve Jobs's resignation [Ed. Note: And now, death], let's consider the greatest decision he ever made. It didn't happen in a garage in Cupertino, California, sweating with Steve Wozniak as they dreamed up a computer for the common man. Or in a conference room, as managers told him that no one would ever pay $400 for a portable music player. Or in another conference room, as new managers told him no one would ever pay $400 for a cell phone. Rather it was in an almost forgotten annex on the Apple campus.
Jobs had recently come back to the company after a 12-year hiatus working for two of his own startups: NeXT, which made ultra-high-end computers, and Pixar. He was taking a tour of Apple, becoming reacquainted with what the company had become since he'd left. It must have been a sobering, even ugly, sight--Apple was dying at the hands of Microsoft, IBM, Dell, and other competitors that were doing what Apple did, only cheaper and with faster processors.
In a dusty basement across the road from Apple's main building, Jobs found a solitary designer who was ready to quit, languishing amid a stack of prototypes. Among them was a monolithic monitor with a teardrop swoop, which integrated all of a computer's guts into a single package. And in that room, Jobs saw what middle managers did not. He saw the future. Almost immediately, he told the designer, Jonathan Ive, that from here on out they'd be working side by side on a new line of computers.

Jobs was ahead of his time: he saw usability as way more important than speed and tech specs.
Jobs may not be the greatest technologist or engineer of his generation. But he is perhaps the greatest user of technology to ever live, and it was to Apple's great fortune that he also happened to be the company's founder.



Those computers that Ive and Jobs worked on became, of course, the iMac--a piece of hardware designed with an unprecedented user focus, all the way to the handle on top, which made it easy to pull out of the box. ("That's the great thing about handles," Ive told Fast Company in 1999. "You know what they're used for.") That single moment in the basement with Ive says a great deal about what made Jobs the most influential innovator of our time. It shows an ability to see a company from the outside, rather than inside as a line manager. He didn't see the proto iMac as a liability or a curiosity. He saw something that was simply better than what had preceded it, and he was willing to bet on that instinct. That required an ability to think first and foremost as someone who lives with technology rather than produces it.



People often say that Jobs is a great explainer of technology--a charismatic, plainspoken salesman who is able to bend those around him into a "reality distortion field." But his plainspokenness had force because he always talked about how wondrous it would be to use something, to actually live with it and hold it in your hands. If you listen to Jobs's presentations over the years, he comes across not as the creator of a product so much as its very first fan--the first person to digest its possibilities.



It's when Jobs has fancied himself the chief creator, rather than first fan, that Apple has stumbled. His much ballyhooed Apple Cube, which was in fact a successor to the NeXT cube he'd developed, was an $1,800 dud. Even before his hiatus from Apple, in 1985, his meddling and micromanagement had gotten out of control. But the years away reportedly helped him begin ceding more responsibilities to others. He became less enamored of tech for tech's sake. He blossomed into a user-experience savant. A reporter who asked Jobs about the market research that went into the iPad was famously told, "None. It's not the consumers' job to know what they want." It's not that Jobs doesn't think like a consumer--he just thinks like one standing in the near future, not in the recent past. He is a focus group of one, the ideal Apple customer, two years out. As he told Inc. magazine in 1989, "You can't just ask customers what they want and then try to give that to them. By the time you get it built, they'll want something new."



Jobs has been criticized for exhibiting a ruthless and arbitrary perfectionism, scrapping a product because it didn't feel right, because some minor feature like a power button or a home screen seemed unresolved. (He notoriously tore through three prototypes of the iPhone in 2007 before finally giving the okay; he berated Ive over the details of the USB port in the first iMac.)


But that interpretation is unsophisticated. A myopic focus on details can destroy as much value as it creates. (Think about how often you've sat through a meeting with a boss who harped on details, killing an idea before you had a chance to explain what it could be.) Jobs certainly did not destroy value. True, he killed far more ideas than he let live--there are more than 300 patents under his name covering everything from packaging to user interfaces. But those that survive outweigh all the rest. His focus was, continually, on what it would be like to come at a product raw, with no coaching or presentation but simply as a new, untested thing.



The most obvious example of this hides in plain sight and is a fundamental part of every Apple product. From the 1970s to the 1990s, if you opened up a new gadget, the first thing you faced was figuring out how the damn thing worked. You'd have to wade through piles of instruction manuals written in an engineer's alien English. But a funny thing happened with the iMac: Every year, Apple's instruction manuals grew thinner and thinner, until finally, today, there are no instruction manuals at all. The assumption is that you'll be able to tear open the box and immediately start playing with your new toy. Just watch a 3-year-old with an iPad. You're seeing a toddler intuit the workings of one of the most advanced pieces of engineering on the planet. At almost no time in history has that been possible. It certainly wasn't when the first home computers were introduced, or the first TV remote controls, or the first radios. And it was something Jobs was driving for his entire career. Again, from 1989, Inc. asked him, "Do you sometimes marvel at the effect you've had on people's lives?" Jobs said: "There are some moments. I was in an elementary school just this morning, and they still had a bunch of Apple IIs, and I was kind of looking over their shoulders. Then I get letters from people about the Mac, saying, 'I never thought I could use a computer before I tried this one.'"



A decisive factor that aided Steve Jobs was fortuitous timing. He came of age just in time to become a founding father of the personal-computer movement. And he was still young enough when he returned to Apple, in 1997, that his own instinctive sense of what a computer might become could be brought to life. In the 1980s and 1990s, computers were sold on their speed and technical capabilities. But by 2000, these features had largely become commoditized--it no longer mattered how fast a computer was when basic issues of usability and integration became paramount. What did speed matter if you didn't know what all the menus meant, or if you were hit with pop-up errors every time you clicked your mouse?
Before 1997, Jobs was ahead of his time: The computers he made were overpriced for the market, because he thought that usability was more important than capability. But as computers reached maturity and became a staple in every home, his obsessions became more relevant to the market. Indeed, many of Apple's recent signature products, such as the iPad or the iPhone, were ideas first conceived in the 1990s or even the 1980s--they had to bide their time.
Jobs is ahead of his time in other ways too: He has taught his entire organization to play in the span of product generations rather than product introductions. Apple designers say that now, each design they create has to be presented alongside a mock-up of how that design might evolve in the second or third generation. That should ensure Apple's continued success for a long time, aided, of course, by the tremendous momentum that Jobs's leadership has provided the company.
It's not clear that anyone else at Apple will possess Jobs's same talent for looking at Apple's products from the outside view of a user. Tim Cook, his anointed successor, proved his worth by revamping Apple's production processes and supply chain. That talent is vital to running the business and has increased Apple's profits by untold billions. But being able to break apart the nuances of sourcing is the exact opposite of being a usability genius: Cook's career has largely been spent focusing on precisely those things the consumer never sees.
Does Cook have an in-house product critic who could stand in Jobs's place? Will Cook have as close a working relationship with Ive as Jobs did? Will Ive even stay? And did Jobs create an entire organization that reflects his balance of concerns--for the back end, yes, but for usability first and foremost? The biggest risk is that Apple takes for granted that its superior design will forever demand a price premium. That might lull it into thinking that Apple itself is great, rather than its products. But Apple, all along, has only been as good as its last "insanely great" thing.
"What would Steve do?" has long been a mantra at Apple (albeit often unspoken). No doubt his example and presence will persist in the organization. The world's most valuable company has one man's vision at its core, in roots that go back 30 years. The unanswered question for Apple is: Who's dreaming its future now?

Monday, October 10, 2011

If a Tree Falls in the Internet...

I've been reading a lot about the famine in East Africa, and below is an interesting article highlighting the "full court press" of online efforts to mobilize awareness and, subsequently, action. This highlights questions I have about reach and results of online campaigns. On the topic of reach, I can't help but wonder if the only people that read the messages are those that are already drinking the proverbial kool-aid. Clearly online media is great for deepening relationships with existing supporters, but what about acquiring new customers. I'd love to know more about growing your online audience in a meaningful way - I've certainly seen gimmicks in the nonprofit community where we do "$1 for each like" and then I just force my friends to like our pages; but are they a meaningful audience or just people that hide our posts as soon as they subscribe to them. Additionally, I would love to see statistics regarding how "calls to action" online indeed motivate action. Last week I saw a quick stat that said that asking your friends to 'retweet' something will cause that message to be 'retweeted' 4x more than posts that don't make that ask. So that's something, but I wonder more about the results of actions that encourage people to make a purchase or a donation -- something that calls for real action rather than a virtual cut and paste. In "direct mail" we look at cost per dollar raised. What are the statistics that measure success of an online campaign? Some formula that measures revenue against audience? Clearly measuring friends/followers accounts for something...but certainly that isn't enough. I welcome any suggestions for resources on benchmarking.

http://mashable.com/2011/07/29/africa-famine/

New FB Tool lets you track how well your fan page is doing

http://www.brandingpersonality.com/new-facebook-analytics-tool/

Facebooks new analytics tool, "What people are talking about" is a great way to see how well your fan page is doing. The tool tracks metrics such as number of wall posts, likes, sharing things from the page, answering questions on a page, mentioning your page, and checking out your page. The tool also reports two new metrics that have never been tracked before - "Friends of Fans" which is exactly what it sounds like and "Weekly Total Reach", which reports how many people on facebook have referenced the page in any way, how many other pages have mentioned it and how many things on your page have gone viral.
The tool rolls up all of these metrics into a simple "What people are talking about" score which gives you an overall score on how well your page is doing.

Facebook and LinkedIn for recruiters

In the past three months, two of my colleagues have left the company for jobs found through LinkedIn. In both cases, neither of them were actively looking for jobs and they were simply recruited through their profiles. One went to Paypal and the other went to Google. I had been skeptical about the effectiveness of social media sites to actually find jobs but I have since been proven wrong.

In a recent article, Mashable proposes that while employers use LinkedIn for recruiting executive positions, they prefer finding recent graduates via Facebook rather than LinkedIn. This came as a surprise to me as Facebook seems like a farther stretch for recruiting purposes. According to online recruiting research lab Potentialpark, more than one-third of the top 100 employers in Europe have a Facebook Page for recruitment purposes. Among other things, they find Facebook more engaging, scalable, and effective in branding.

Given that companies want to find the best talent it is not surprising that they are active in the social media space. It reminds us once again to be mindful of our social media activity as it can be both helpful and hurtful to our job opportunities.

Go here for the full article: http://mashable.com/2011/10/09/recruiters-prefer-facebook/


Sunday, October 09, 2011

Smartphone Usage

I recently came across an article on eMarketer.com that comments on Smartphones and what device implies about its users (http://www.emarketer.com/Article.aspx?R=1008626).

What is most amazing about this article is that you could have spent 15 minutes on a new york city subway observing individuals on their morning commute and reached these same conclusions. You'd likely notice that nearly everyone getting off at wall street or any other midtown location would be carrying a blackberry-- mainly because it's the only approved mobile device by their IT departments. You also likely find few apps downloaded to that device. When you are in a "work mindset" one of the last things you are going to do is download a facebook app or angry birds to your phone. If you are anything like me you'd reserve the app downloads for your personal phone.

So, Mr. eMarketer what does my cellphone say about me? Crack open my purse and you'll find my blackberry (for work) and my Android phone (for personal use). Due to company mandates you cant merge these two devices so I carry them both around. Do I count on two device "lists"? I'm still the same person. I've got the same annual income and purchasing habits. I'm just as likely to book a major trip, buy electronics, purchase apparel online, and consume media wherever I am. I'd expect that the landscape and personalities of consumers and their smartphones will continue to evolve especially if consumers continue to own multiple devices.

What's even more interesting is that instead of having one device to make my life better I seem to have way too many. At a recent conference I marveled at how heavy my bag was. Inside was the following: 1 blackberry, 1 android, 1 iPad (for taking notes), 1 iPod (for exercising) and 1 laptop (to log into company systems). I'm curious what eMarketer would say about that one? I'm either uber connected or just the victim of way too much technology!


What Do Facebook Pages Mean For Companies?

As posted by one of my classmates, Facebook recently added a new metric to assess the success of a Facebook fan page beyond its "like" count called "people talking about." This new metric seeks to gain a more accurate measure of Facebook status for a brand and takes into account comments, posts, and activity related to the brand.

The top 10 Facebook pages in terms of Likes compared that with the top 10 for People Talking About are as follows: http://mashable.com/2011/10/09/top-facebook-brands-talking-about/.

Famecount provides detailed data on brand Facebook pages as well as brand presence on other social media: http://www.famecount.com/facebook-rank/Worldwide/all/Brand.

Ultimately, the big question is, how does this social media and brand presence translate to dollars and cents for these companies? Are certain fans more valuable than others? I.e., do they spend more and/or are they opinion leaders? Does social media work better for certain brands as opposed to others? Do firms who have products that can be purchased online see a more direct impact to the bottom line from their Facebook presence?

Obviously, as with any marketing effort, these are difficult and complex questions to answer, but I think it is fair to say that significant brand presence on Facebook and Twitter is crucial for most, if not all, consumer companies.

For those looking for a detailed study, take a look at this PDF: www.syncapse.com/media/syncapse-value-of-a-facebook-fan.pdf.

Saturday, October 08, 2011

How Sir Richard Branson keeps his social media alive?

      There are a lot of well-known companies who treat social media as something new and mysterious. Business people of older generation used to run their businesses in a certain way and switch to online 'world' seems awkward for them. As it turns out, companies are more likely to create new departments with 'Chief Twitter Officer' and 'Chief Facebook Officer' ect to delegate those online duties to other people. But not Mr Branson. Although, he is a very experienced 'old school' guy in business, he still gets on with new online trends very well and approaches social media in his own unique way. Well, as usual.
      Unlike other companies Virgin Group keeps Twitter, Facebook and Google+ equally active all the time. Branson himself posts a lot about his activities and events held by Virgin America,Virgin Galactic etc. He thinks that this is the best way to hear from his customers what they really think about the service. They inspire companies do their best in order to give consumers what they want. Also it is a very good opportunity for a company to catch latest trends in the field. Overall, Branson is satisfied with the existence of social media because it helps him to share what he is doing and hear comments on it immediately. Moreover, he thinks that this is also a very organic way to stay 'global', so talking to people is much more efficient than  listening to managers and marketers.
      Social media is also a very good channel for Branson to promote Virgin Unite, a non-profit foundation of Virgin Group. By creating an awareness about his philanthropic efforts, Mr Branson can tell other people that the business he runs serves good purposes. For example, Virgin America's Twitter channel drove lots of donations to educational charities in a very short period of time.
     Virgin group also has its blog on the main website which is held my Branson. He thinks that an opportunity to talk closely to his customers as well as with new entrepreneurs allows him exchange feedback and new ideas for further implementation. Regardless of lack of time, Branson posts online constantly and finds this process very natural and organic. He says that if these thoughts do not come to your mind naturally, if you do not really want to share them with others, social media is not for your company. A truly 'social' company should be active 24 hours off-line as well as on-line, and only this can keep it close to people.
    

Thursday, October 06, 2011

Steve Jobs and the creation of media we know today

A lot of articles have sprung up about Steve Jobs and the legacy he is leaving behind. Some question the future of innovation and technology now that the icon is no more.

I found this article in BusinessWeek particularly insightful about the impact Steve Jobs has had on the manner in which we consume media, especially music, magazines, and books. The article argues that the iPod actually helped save the global music industry, which was in decline by creating the iTunes store through which music could be previewed and purchased, legally. The article refers to the iPod as a “disruption” that although wasn’t the first in its category, was successful because it combined the technology with the content, making both available to the user through one platform.

The iPhone is referred to as a “ground-breaking” media consumption device, which created a new lingo of “apps” that everyone was racing to put their content on. The iPad, similarly, changed the way people consumed news and published media, choosing to read The Economist and The Wall Street Journal on their iPads rather than the traditional paper forms. Apple also disrupted the model Amazon has worked hard to set-up through it’s offering, the Kindle. Instead of using market dominance, Apple used an “agency-model of pricing” with publishers and retailers. Even though this model didn’t dislodge Amazon’s status as number one in the industry in terms of book sales, it certainly increased the competition.

In conclusion, Steve Jobs managed to disrupt and change the traditional ways in which we have consumed media, a change that will have considerable implications on how and what new technology is created next.

http://www.businessweek.com/technology/steve-jobs-and-the-continuing-disruption-of-media-10062011_page_2.html

As though there wasn’t enough to do already on Facebook…

Facebook now has a new tool. If you were just about using the “Like” icon, they have now included a new metric called “people talking about” as part of their page insights and analytics.

The statistic is featured on Pages below the “Likes” in order to incentivize Page “owners” to create more updated content that is more comment worthy, thus drawing more people to that particular page. In addition, the metric will also measure user-initiate activity on the page such as posts and comments or further sharing that page with other people. Even “checking-in” to the Page would be measured from now on.

Other metrics such as “friends of fans” and “weekly total reach” are designed to help digital administrators and brand managers understand better how their content is being viewed and shared by fans. All these new metrics will be featured soon under a “Facebook Gestures” banner. While this is good news for marketers to help understand the activity better, the metric does not (yet) differentiate between positive and negative feedback. Therefore volume is not the only metric they should be assessing.

http://mashable.com/2011/10/02/facebook-people-talking-about/



BI: The CEO Of Coca-Cola Reveals Why The Company Will Never Make Alcoholic Beverages

article can be found at http://www.businessinsider.com/muhtar-kent-coca-cola-2011-09

This short but illuminating interview with Coca Cola head Muhtar Kent is worth reading. It talks about managing a brand everyone knows, making it fresh (with vision), and thinking critically about the marketplace. Muhtar talks, specifically, about the ease with which big brands and successful companies can get caught up in simply maintaining the status quo. He also positions the relationship with the bottling companies of Coca Cola in a positive light. He is adapt at utilizing media moments to set and advance his agenda...whether it be shedding new light on an iconic brand, portraying a positive management outlook, or discussing a broad vision for the company (2020 Vision). Worth reading given all the case studies and discussions we have had at CBS over Coke.

Facebook login for Spotify

I was so glad to see this Mashable article on Spotify now requiring facebook login to use their service as this is something that really bugs me.

Yes, I'm a facebook user. However I religiously avoid facebook apps - I know there's already a ton of information out there about me, but I just don't see the point in linking it all together into one platform where my every move on the internet is tied to my facebook account (that's what Google is for). I hate websites that require you to login with your facebook account - its never clear whether they're going to post things on my wall, contact my friends, advertise to me or add me to their mailing list.

When facebook login first came out, I remember everyone being really excited over consolidating accounts - now you don't have to create a username and password for every site you want to interact with. But in today's world of phishing/hacking, do we really want one login to grant access to all those sites as well?

I'm really torn on this issue, but at least in the past I always had the option to log in with an email. Spotify's move to require a facebook login makes me nervous - is this the new direction for websites? Is this a good thing? I welcome disagreement and discussion on this, because I definitely could be swayed in either direction. See article below:

Should Spotify Users Be Required to Have Facebook Accounts? [POLL]
Posted: 26 Sep 2011 08:32 PM PDT

Spotify has come under a lot of fire for a recent decision to force users to use Facebook to sign up for its streaming music service. The change, made not long after Facebook’s f8 developer conference on Thursday, removes the option of signing up with an email address and a password. Instead, users have to use Facebook Connect.
Here’s how Spotify explained the decision in a statement:
“To us, this is all about creating an amazing new world of music discovery. As most of our users are already social and have already connected to Facebook, it seemed logical to integrate Spotify and Facebook logins. We already use Facebook as part of our backend to power our social features and by adopting Facebook’s login, we’ve created a simple and seamless social experience.”
Spotify goes on to explain that it believes the change makes it easier on the user, since they don’t have to remember yet another username and password.
SEE ALSO: Spotify Comes to Facebook [PICS]
There are a lot of people that are unhappy with the decision. The company’s GetSatisfaction account is filled with angry and confused responses:
“I just don’t get it. Before you had access to every user of the web, and now you are restricting membership to people who like and trust Facebook. If you want to make more money, improve your service, add better features and provide a better product. It’s the only way to win the freemium battle, not ridiculous moves like this.”
Spotify is trying to leverage the reach and power of the world’s largest social network to grow its user base and distinguish itself from the competition, but has it gone too far?

Tuesday, October 04, 2011

Too much advertising: the Laffer curve and the social media

In the seventies the theory of the economist Arthur Laffer was very popular. One potential result of the Laffer model (Laffer curve) is that increasing tax rates beyond a certain point would become counterproductive for raising further tax revenue. Isn’t it the same with social media? Isn’t increasing the social mediaa in our daily life beyond a certain point would become counterproductive for developing communication and network? Isn’t source of pressure, overwhelming and even stress? A kind of nightmare?

Every day we receive tons of emails in our personal, work and University mailboxes. Plus many text messages. And if we don’t check Facebook, Tweeter and LinkedIn we can miss something important! The more we check and respond, the more we are solicited. Like a never-ending spiral.

And trying to reduce or stop seems to be as challenging as trying to stop smoking - well I assume since I don’t smoke. Who has never received advertising emails on his/ her mailbox? But do you remember having asked for receiving these emails? And have you ever try to unsubscribe? Very challenging! First, finding the “click here to unsubscribe” link on the email is difficult. Usually when it is easy to find you are re-routed to a new page asking your Login and Password. What Login? What Password? And if you pass the Login and Password ambush, the process to unsubscribe is more difficult than getting a 750 score at the GMAT. So much information requested and you if you are not careful you will subscribe to more newsletters and emails instead of unsubscribing to the original one. Any wrong click will add your email to friend-websites involving more advertising emails in your mailbox tomorrow.

So please Mr and Ms social media advertisers, stop overwhelming my mailboxes and websites. It is in the best interest of everybody.

Sunday, October 02, 2011

The Growth and Unknown Potential for Augmented Reality

While Metaio hosted an Augmented Reality conference in Munich, Germany last week, the field is clearly continuing to grow in popularity, yet the potential remains somewhat mysterious and unknown at this time. Well, that's my opinion anyway. As more companies pop up with unique business models and fascinating, innovative, futuristic-movie-style ideas for the Augmented Reality (AR) industry, it's exciting yet tough for me to understand which areas of AR will hit the big-time and generate serious revenue and profits. I hope the market does not offer financial investment, accolades, and undue praise for "cool" and innovative AR business models that are not focused on generating true financial returns. As we all witnessed during the Internet boom of the late 1990's, many futuristic Internet companies raised significant cash and went public at insanely-inflated valuations because the market hype supported it. As the majority of those firms went bust and people lost millions (billions?) of dollars, a handful have survived and prospered over the past 8-12 years. Some of those that have survived actually had business models in the 1990's that yes, did in fact, focus on revenues and profits. And whether these new AR firms are started by college-age brainiacs or dropouts, or graduates of top business schools (like Columbia!), I hope they all have the good sense to draft their business plans with the same basic themes of growth, revenue model, competitive advantage (Greenwald!), scalability, and returns on investment.

Because without these essential elements, any business is doomed to fail, unless of course fantasy (or heavy risk-absorbable) investors continue to pour the $$ into the firms with hopes that one day, somehow, some way, there will actually be revenue and profits. Anxious to see how amazing Augmented Reality truly is, and who can creatively tap the potential (profitably, of course).

Facebook: The Future of Marketing

Hi guys,

I found this really interesting article on Face book as future of Marketing. Face book has approximately 550 million members, Hence the reason why face book is being valued at $50 billion, a number which is way bigger than its current cash flow and futures expected growth. It’s the number of members and marketing opportunities, which lead to such a high valuation.

http://www.littleandking.com/white_papers/facebook_future_marketing.pdf

Thanks

Mo Khalid

Saturday, October 01, 2011

Fashion Brands Use Augmented Reality

The NY Times article, Brands embrace an augmented reality brought me back to a 90s classic film that I, along with every other high school girl across America, must have watched over a thousand times- it was called Clueless [and if you say you’ve never seen it, well, your lying].

There’s a scene in the movie where Cher, Alicia Silverstone’s character, virtually tries on every outfit in her closet to prepare for a big date (turns out the guy was gay, but that’s another story). A picture of herself appeared on her computer screen and she could actually see how her outfits looked on her without physically trying them on. It was brilliant. Why didn’t we have one? Why did we have to spend hours trying on clothes when Cher could just press a button? The idea seemed so futuristic to us back then, something out of the Jetsons. My friends and I would all daydream that one day, we’d be able to do that too...Well, as it turns out, that day has arrived.

AR, the acronym used for this technology, is a new trend that fashion brands are using to help customers visualize what their products look like on them without trying them on. Does this particular shade of red go with my skin tone? Will the cut of the trousers make my butt look big? Just take a look at the screen and you can decide for yourself. Customers can use virtual controls to adjust the garment’s position, change the color & size and show your friends [for approval].

Research has shown that customers are responding well to AR because it not only makes shopping easier, it’s making it fun too. Sure, AR has been experimented with different types of products in various industries, but in the fashion world, it seems to just ‘fit’.

The Financial Times recently reported that the AR market for handheld devices in the US alone was predicted to grow from $6 million in 2008 to $350 million in 2014. That’s a pretty optimistic projection. Here’s what we know: About 2% to 3% of all online browsers actually make a purchase, compared to 20% to 40% of shoppers that purchase offline. In addition, online return rates are unusually high at 25% to 40%, partly because customers have no idea what the clothes will look like once they’re on. These numbers led to the idea that if customers could get the ‘at the rack’ experience online, it could potentially change the way we shop. And so, the race to make the perfect virtual changing room began. From scanning booths to size-matching kiosks, the purpose of these innovative technologies is the same- to replicate a person’s proportions and encourage them to shop, both on and offline.

It’s true that AR will never be real – we won’t be able to physically touch the material and see how it feels, but I’ll take what I can get. Visualizing myself in an outfit by looking at myself on a screen is a great first step and I’m excited to see how this technology is going to change the way we shop.

16 years later, I think Cher would wonder what took us so long.

Is Amazon As Smooth As Silk?

Amazon announced that it's getting into the web browser game this week with the launch of Silk which will be featured on the new Kindle Fire. I personally didn't expect Amazon to ever make this move, but given its push to cloud computing and Silk's split browser construct, it actually does make a lot of sense. The real win here for Amazon deals with the advent of super data collecting above and beyond what the retailer already knows thanks to purchase behavior. With an overlay of browsing behavior, Amazon can build even more robust customer profiling, which at the end of the day can generate more sales. The kicker for the consumer is that Silk uses predictive technology to pre-cache the next potential move for the customer based on usual behavior. Definitely an interesting move. I'll be interested to see how successful Silk proves in the long run.

www.mashable.com/2011/10/01/silk-smooth-amazon

Facebook 'Timelines' Trouble

Timelines.com, a site which provides tools for making multimedia timelines, has filed a lawsuit against Facebook. The company claims that Facebook's upcoming rollout of its new digital-scrapbook-like timeline feature is infringing on its trademarks and creating confusion for users of their service.

It was reported by Mashable that Facebook added fuel to the fire by replacing the Timelines.com Facebook page (http://www.facebook.com/timelines) with a redirect to a page showcasing Facebook's new timeline offering. If that was true, the Timelines.com page has since been restored, which would seem to indicate that Facebook is responding.

News stories on the topic are speculating that the suit may force Facebook to halt the "timeline" release. But at least right now, the information Facebook is putting out publicly seems to indicate that Facebook Timeline is moving forward as planned. The Facebook Timeline intro page doesn't mention any delays. I followed some instructions posted online about how to get a sneak peek at what my own timeline profile will look like, and found a notice at the top informing me that my timeline profile will go live on October 8th. Who knows, maybe Facebook figures if worse comes to worst it will just buy Timelines.com and put the issue to sleep.

Google Real Time Analytics

http://www.distilled.net/blog/web-analytics/review-of-googles-real-time-analytics/ Google has launched a new real time option for its web analytics tools, allowing users to see their web traffic in real time. This is an excellent tool to measure the impact of an announcement/promotion etc. For instance a user will be able to see the immediate impact of tweeting about a new service offering or how customers respond to a news item. Interestingly, Google also announced a paid enterprise version of its web analytics tools, Google Analytics Premium, which collects more data and includes more sophisticated tools.

Yahoo No longer a Leader

From Yahoo's glory days in the early 90's to its painfully slow comeback, it's a little sad to see an innovative company fall so far behind. The NY Times article, Once a Leader, Yahoo Now struggles to Find its Way, makes predictions on why this happened to Yahoo. With money, publicity and innovation on its side, sometimes its the mere shift of focus on the wrong variable that can bring a company to the brink of collapse (not that I'm suggesting Yahoo is going to collapse, but we've seen many leaders in the dot com boom fail i.e Friendster). The writer suggests that Yahoo, like AOL directed its vision on digital content while Google and FaceBook invested their dollars on building mobile and social networking services that attract users AND advertisers. Although Yahoo still has a huge audience, second only to Google, advertisers are after 'more profitable prey' which includes social networks, video sites and smartphones.This is a clear example of how innovation isn't permanent--companies must continue to progress in this evolving industry (being on top one day doesn't mean you won't be on the bottom the next).
I often wonder how these companies, with so much financing and resources to support them, could make such a fundamental mistake --> not listening to its customers. Sure, the CEO of Yahoo was just fired for her management decisions , but I think the real change needs to be in the company's strategy and vision- they need to refocus their attention in the direction their customers are taking them in. And that is the only way they'll survive.

Brazilian Author Unveils the Secrets of Social Media

Brazilian author Paolo Coelho, most famous for writing the wonderful book The Alchemist, is featured in both the New York Times and the Wall Street Journal this week. He does have a new book coming out soon, but that’s not what the fuss is about. What they want to know is how Coelho, an established 64-year-old author, has managed to embrace social media as a tool for selling his books. He is even—gasp—posting content online for free!


The Times writes: “Years ago he upended conventional wisdom in the book business by pirating his own work, making it available online in countries where it was not easily found, using the argument that ideas should be disseminated for free.” Coelho is showing the book industry that it does not have to shy away from the online universe. By posting some of his books online, he has discovered that those readers who enjoy his writing will then go out and buy the physical book, disproving the dominant theory that if the content can be accessed for free, the consumer no longer has an incentive to buy the actual product.


In an effort to grow his readership, Coelho has taken to social media where he now has more Facebook followers than Madonna. In the piece that Coelho himself wrote for the Wall Street Journal, he writes: “When I started using social media, without any assistance or planning, two things guided me: the curiosity to find out who reads my work and the challenge of writing on such a different platform.” Writing in both English and Portuguese, Coelho feels that social media is a way to involve his readers in his work; using platforms like Twitter and Facebook, Coelho is able to talk about ideas he is researching or to spark discussions about his writing. He also encourages discussion among readers on his blog on topics largely unrelated to his books.


Apparently his system is working; in 2010 only Justin Bieber managed to beat out Coelho as the most influential tweeting celebrity (as determined by Forbes Magazine). What Coelho has come to realize is that “the art of writing is not limited to the printed book—it is the act of communicating a message.” So, instead of just using Facebook and Twitter to promote his latest novel, he has created what he describes as “reading in 20 seconds,” which corresponds to the length of time he imagines is the maximum amount of time the average person spends on a single webpage. The key, Coelho discovered, is that readers can tell the difference whether he is writing, or a designated representative, and it’s Coelho they want. Therefore, Coelho has truly dedicated himself to maintaining the online community, spending upwards of three hours every day on his social media sites. It takes time, but it seems that the payoff is certainly worth the effort.

Game App with Columbia Ties

The New York Times ran an interesting article this week on Sportaneous, a free iPhone app aimed at pick-up sports. The idea centers around users creating a game and then inviting others in their area to join for, say, pick-up basketball. The concept is great. The trouble has been getting anyone to use the system. Apps based on crowd sourcing need just that-- a crowd. Without participating users there is no real value.

Recognizing the short-comings of Sportaneous, the App developers are now targeting the Columbia community. Columbia grad students, the developers seem to have hit on something. By aiming at a community they know well, the user base has quickly risen from 100 to 900. There was even a campus wide game of Quidditch organized recently.

The article is interesting in that it addresses several key issues around app development and digital marketing. An idea or quality product are not simply enough. One must get your message out there and build a dynamic and engaged user base. Starting with a community you know well is the most logical and effective use of time. There is also an issue of scalability. If the developers succeed in tapping a significant market share of the 20,000+ Columbians on campus, the potential to replicate the model around other universities is great.

At a minimum, the article makes me a little curious. Perhaps a game of pick-up basketball really is in my future.

Sportaneous:

http://www.nytimes.com/2011/10/02/nyregion/for-the-sportaneous-app-an-uneven-success.html?ref=technology