A blog for students of Professor Kagan's Digital Marketing Strategy course to comment and highlight class topics. From the various channels for marketing on the internet, to SaaS and e-commerce business models, anything related to the class is fair game.
Monday, June 07, 2010
"Rate This Product" Hits Your Corner Store
Stickybits, the company that allows consumers to scan barcodes & add comments on products with their iPhones, has announced that it has signed PepsiCo as its first sponsor. This arrangement allows Pepsi to appear as the first"bit" before any others, directing consumers to Pepsi's social media campaign. This upgrade to "official bits" is Stickybits' attempt to start monetizing a new potential source of ad revenue. The success of this strategy, however, will depend on consumers' willingness to start scanning and viewing or adding product ratings while shopping at their local stores.
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