Posts Tagged "Technology"

Last week, I attended Merkle’s impressive CRM Super Bowl (aka CRM Executive Summit) in SoBe.  Having worked with Merkle for just over a year now, I am always impressed with the strategies and tools they bring to the table for their clients.

2 common themes peppered throughout the conference were that this is the year that mobile and SaaS CRM platforms will take off.  Barry Judge, CMO of Best Buy, emphasized that the next 12 months would be the time that mobile hit.  I feel like I’ve heard that line for at least the past seven years.  With 2+ million iPads sold, the new iPhone 4, increased Android (Froyo) handsets and the upcoming release of Blackberry OS 6, it’s hard not to be wide-eyed at all the potential money making opportunities in mobile; however, there is still too much fragmentation amongst the market to scale at the level experts preach mobile hitting.  I don’t think 2010 will be the year mobile CRM climaxes…not even close.

SaaS CRM platforms are out in full force (I work for SaaS provider Dukky).   It really is amazing to see how the cloud has allowed companies to focus on niche CRM SaaS platforms.   Brands are starting to become more comfortable with having their valuable data run on the cloud enabling them to cash in on the speed and flexibility of running on the cloud.  Just look at the recent news about Enterprise 2.0 company Jive.

The next big thing will be technology that allows brands to channel all of this data into a few measurable and useful results.  It’s uncanny that we have all this individual user data, but brands are still marketing to them as mass demographics.  I don’t think the 30-second spot is dead (or the other traditional formats); but the decision makers are in denial about their business models.  Agencies and consultancies that focus on this change are going to be the Mad Men of the new generation.

Thoughts?

I’ve been intrigued with History Channel’s recent product America: The Story of Us. Last night, I caught up with my DVR to watch Episode 6 (Heartland).  One entrepreneurial story covered was that of R.W. Sears.  It obviously struck me from an entrepreneurial aspect; but it really dawned on me that in the 100+ years of advertising & direct response marketing innovations we have undergone, we are in the exact same spot from which we began in the 1870s.  The quick story on Sears:

Once the four standard time zones were created (reduced from 8,000!), Sears bought a handful of unwanted pocket watches and through the use of Morse Code sold them to other train station attendants using the trains to make deliveries.  The next year he expanded his product offerings by getting products to farmers and their families in the Midwest that had limited access to stores for products such as bicycles, sewing machines and even automobiles.  At its maximum, the catalog was over 700 pages!  People ordered what they needed and received it in a relatively timely manner.  Less than 20 years later, he was fulfilling 30,000+ orders per day.

So how have we not evolved in over 100 years of direct marketing?

Big brands are freaking out and having to work harder than ever for customer loyalty because customers are back in control with word-of-mouth discourse that can be released to thousands of people on impulse.  That impulse is very real and very measurable. Customers tell brands what they want and not the other way around.  When I think about it, the time of Mad Men (1950s) to let’s say 2000 were really an anomaly in our nation’s history with regards to advertisements.  Brands used to push and tell people what is popular.  The people are back in control of their buying habits.

The only difference between now and the 1870’s is that the scope of access has dramatically increased.  I can now go to Google to find my favorite sewing machine* at the lowest price and then virtually truck on over to Facebook to instantly discuss my potential purchase with thousands of my sewing buddies*.  Relatively soon, I will use my Android-based GoogleTV to purchase my favorite advertised sewing machine* (based on my Facebook viewing habits) at its lowest price in the middle of my favorite History Channel show.

*Disclaimer: I do not sew!  That is all.

An acquaintance of mine, Josh Martin, today asked, “What is Twitter’s future?”

It’s a question that has been asked many times and answered many ways over the past 15 months or so.  Many who attended SXSW this year were hoping for some earth-shattering insight into Twitter’s next big thing and were largely underwhelmed with the announcement of @anywhere.

Here are 3 future areas of development I see for Twitter:

TwitterSense: I’m more anxious to see Twitter release and ad revenue model similar to that of Google’s AdSense.  Many 3rd party apps such as HootSuite are already doing this, but I bet stakeholders in Twitter are dying for a piece of this action.

Loyalty Marketing: An area being severely overlooked in my eyes as I see many opportunities to tie dollars back to loyalty marketing campaigns.  @CoTweet, which was recently acquired by @ExactTarget, has the right model.  Who will adapt it for the loyalty marketing space?  With my company, Dukky, our clients’ offers are shared across Facebook 3 times more than Twitter; but Twitter redeems at 10 times the rate of Facebook.

B2B Twitter: This is CoTweet’s bread and butter; but no one has really pushed the boundaries of selling internal business Twitter technologies.  For instance, at tech conference all of us geeks go to town with our hash tags to communicate; but do people really efficiently utilize this in other industries such as healthcare or industrial machines?

These are a just a few future growth areas I see for Twitter.  What do you see?

Recent research by In-Stat found the following:

*Almost 20% of game-playing respondents to an In-Stat consumer survey report downloading games from Internet sites other than their mobile carrier’s site.
*Of the 2,000 respondents, 29.5% reported playing games on their mobile handsets.
*In-Stat predicts the global mobile gaming market will top $6.8 billion by 2013.

Source: Cellular News

Stats surrounding mobile advertising are always out of this world because no one really has a clue where it’s going to go.   My curiosity runs high in this market because, like everyone else, I see so much potential.  However, like several other advertising mediums, it lacks a standard structure.

Google’s Android is about to release on the T-Mobile G1 in an attempt to compete with the iPhone.  Right now, a ton of money exists in the application market, but it is subsidized by user-purchases not advertising.  However, only 20% of cell phone users use smart phones (Blackberry, Android, iPhone), so how do companies capitalize on the rest of the market aside from ringtones, SMS and MMS?

What do you see as the next big step in mobile advertising?

Last night, I was texting my friend in New York about the New Orleans Hornets’ chances in the upcoming NBA Playoffs. He and I were going back and forth for a bit. I realized that his messages were one page and mine were two every time. My Blackberry Pearl has been affecting my real life texting capabilities. The Pearl has been great, and many have commented on the quickness and accuracy of my thumbs to spit out messages; but it has stolen my true SMS capabilities. I sent my first SMS in 2002 and worked hard to hone my craft. I’m scared to go back to a regular phone now. Maybe it’s like riding a bike, and I’ll relearn it easily if need be.

They say you learn something new every day.

Lately, I’ve been putting a lot of time into honing my SEO skills. A great starting point for anyone beginning on this trek is to use the vast array of free tools out there. A great starter tool is Google Analytics. I’m amazed the amount of information I get out of it. I can track anything from my most popular article to how fast a user’s connection speed is. The most fun feature to me is the geography because I can see where all of my users are located down to the county…err Parish if you’re in Louisiana…line! I have readers all over the United Sates as well as Poland and Jamacia.

Anyway, being from New Orleans and traveling much of the state, I was surprised to learn of a place I’ve never heard of…Killona, Louisiana. Apparently it is only like 25 miles from where I grew up and in the same Parish (St. Charles) as a girl I dated. Anyway, I thought this was neat to learn about a new place in this manner. Much love to my readeR in Killona!

Killona Stats

Recently, I’ve had a few conversations about emerging media and technology with corporate marketing heads. For many companies, they are just now thinking about or starting emerging media departments. One of the common themes that quickly come up is my view on the upcoming generations and the role mobile will play. I’m quick to bring up two points in each conversation.

One, as Cyriac Roeding pointed out earlier this year, the content has got to be redesigned for mobile applications. Companies can’t afford to simply re-purpose online content and then redistribute it amongst cell phones. Too many companies are doing this, and it’s a waste of time. This is discussion for another post though.

The second point I bring up is that companies must start looking past cell phones and iPods. People, especially Gen-Y and early adopters, are about to take their living rooms with them. Recently, I’ve seen Intel ads for a new processor scattered amongst technology sites and LinkedIn. Intel is working on a chip that powers nothing more than a simple computer….no big hard drive, no DVD player, etc. They are designing chips for laptops that won’t be much bigger than a PSP. Need space? Today, you can grab a 250+GB hard drive the size of passport for under $200. My future laptop need be nothing more than a screen, keyboard and USB port. Check out these pictures of the future Lenovo line courtesy of John Bancroft.

Lenovo Mobile Internet Device

Stack of MIDs with Apple iPhone

Here’s an Intel Netbook via Engadget.

My life would be so easy if I could put everything I need in my jacket pocket. The future of music will be streamed not downloaded. I already mentioned my 250GB USB drive. With the power of Google, new frontiers in social media and the upcoming breakout of Web 3.0, I may not even need that large hard drive except for backup purposes. I could be streaming my life to that little device.

Obviously, the emergence of these devices will help define the direction of mobile advertising. But, how fast will companies digest these new processes? They have to think past the mobile phone with SMS. Companies need to start having more conversations with their consumers. This is one area where I see Twitter becoming so powerful. I can’t believe I’m saying this, but GM is already starting to take the lead on Twitter. I’m glad but surprised. They’re having active conversations with their customers. Now, will they truly hear them?

I wish I’d been born in my 8 year-old Godson’s generation (no official title given yet) because by the time he’s college, he may not have to carry anything more than some sort of laptop and Kindle combination.

I just registered for this Cisco web conference on April 3rd. I’m excited about it. The conference will have some great minds speaking about making your business Web 2.0 (I hate that term) compatible. The conference will demonstrate how these emerging applications can be applied to any type of business. Some of the speakers include: Don Tapscott, Jeremiah Owyang, Robert Scoble and David Knight.

If you’re a small business owner in any industry, work at an ad agency or a newly formed emerging media department, then this will probably be beneficial for you to watch.

Check out the details here. It looks like they’ll have it up for you to view until December 31st, but I think you still need to register.

Declining use of email?

Research suggests that teens rarely use email to communicate. They prefer to send text messages to each other. Considering that they are more likely to be in contact with each other during the day by phone than computer, that makes sense.

But do you think this will continue once they enter the workforce?

In other words, is disinterest in email a factor of their youth, or do you think they will continue to shun email as they get older?

And if so, will business correspondence change as a result?

___________________________________________________________________________________

A business owner on my LinkedIn network posted the question above today. At the time of this writing, I saw many good responses to her question (you can read it here). Some excerpts and common themes were:

“E-mail is the ideal way of sharing documents, files and information in workgroups that are working dispersedly around the globe.”

“Reality is that once you enter the workforce and are no longer able to drop what you are doing to text someone, texting goes away.”

“E-mail will continue to be the medium of choice until a better system comes about. SMS messaging is nice to get something quick out, but you cannot write a business proposal in SMS format, etc.”

I read some good answers, but here are my thoughts. Working in advertising can be an intense daily life…a typical life cycle of an idea is: CMO gets a new idea, passes the responsibility onto his marketing team, they throw it to their agency which in turn has to completely revamp the plan they created yesterday for yesterday’s idea, vendors’ plans get scrapped, which they’ll hear about two weeks later. With all these channels much can get lost along the way just like the telephone game we used to play as children.

Email may decline but it’s still largely useful for storage and lengthy conversations. People used to think phones would die off completely because of email. When I worked in my dad’s company at 12, I remember hearing that phones would be obsolete in ten years. I use one every day. It may not be a land line, since I only use my mobile or Skype; but voice communication is still vital to business. Email is now, and will be more so, used as a filter. It is another ring in the degrees that separate us, and it’s becoming the least credible because anyone has access to it. I used to work for CBS and anyone had access to any employees email in any division of this massive corporation. I doubt seriously Sumner Restone was replying or even reading the emails sent to him unless a screener deemed it necessary. The people he needs to speak with know how to get him. SMS is not the future of Gen Y workers, but mobile is.

I’ll use Mark Cuban as another example, the seemingly rebel owner of the Dallas Mavericks and successful entrepreneur, and dub him the “most tech savvy CEO.” He has a very popular blog which routinely gets at least fifty comments per post. Anyone can email ideas or suggestions to him from the blog. You can find him on Facebook, MySpace and I’m sure countless other social networks. The point is that if you really know him or he wants you to know him, then you will have another way to touch base with him outside of email.

My Blackberry provides you the opportunity to touch base with me via AIM, Yahoo, Google Talk, SMS, MMS or email; and if you have my Blackberry PIN, you can get me on Blackberry Messenger too. And after reading all of those, there are still methods that I’m not using where business is being conducted. I don’t actively use Second Life or WOW, but I know people who would never have otherwise worked together are so now because of their common interest in MMORPGs. All of these niche worlds create new places for people to meet and congregate. Content delivery and quality are being reconstructed to be more efficient and effective in mobile delivery. Intel is about to release a chip that will power a laptop the size of a PSP because some people just need a laptop to run applications not a full blown system. I travel often and don’t need a laptop with huge amounts of storage and/or a DVD player. For around $200, I can buy a 250GB USB hard drive no larger than a Passport and a program that will store and play presentations/movies/games/pictures/etc. I can put the new laptop and hard drive into my jacket pocket…the cell phone into my pants pocket. The point of bringing up the laptop is to illustrate another incentive for content providers to rethink the quality of delivery.

Working in business development, I routinely call media directors, planners and buyers at advertising agencies. Everyone wants a piece of their time. Everyone has something new to show them. The bottom line is that they’re not going to put your idea in front of their client unless it’s A) a better way to do something they already use, B) a game changer that they can’t miss out on or C) they trust you. “C” is the most important because the other two are least likely. They don’t check voicemail at all because they know that, unless they’re waiting to hear back on something specific, it’s probably not anything important. If I want to get in touch with some of the decision makers, I know to try them via SMS, IM or BB Messenger. I even have two senior level ad execs that prefer I get them on Facebook because it doesn’t get flooded with random emails and newsletters…they control their environment. Last week, I had a conversation via SMS with a WPP exec that was attending an AAAA Conference in Orlando. His voicemail, in NYC, said he would be out all week not returning phone calls.

One of the many things my father taught me about running a successful business is that you must change to stay ahead of the curve. In his case, it was all about using new technologies to reinvigorate an old industry…tying things no one else was willing to try.

In recruiting Gen Y and eventually letting them run organizations, people don’t have to become experts on every form of communication or shift entire groups around those methods; but it’s important to be knowledgeable of those forms, and, if needed, hire experts to educate you on them. If you’re older than Gen Y, don’t be scared…reach out and/or listen. If you’re in Gen Y, as I am, be cognoscente of the fact that you will need to grace the presence of the next generation repeating the cycle of older generations today.

Beta vs. VHS…Laser Disc vs. DVD…HD-DVD vs. Blu-ray…

Winners: Sony, Blu-ray Content Providers, Us (Consumers)

Losers: Toshiba, Apple Microsoft, Anyone Else Trying to Win the Living Room

These are some expensive battles that take place. Sony is always a high stakes player. I keep wondering when they’re going to learn their lesson; but after all their risk taking, it seems like they will finally win a battle. Even when they first introduced the Sony Vaio laptop computer line, they only allowed for Sony memory card to be accepted. They’re always trying to control mediums. It’s a risky game they play because they put all of their resources into the development of a standard, and they will have to endure years of loss because the only people buying Blu-ray anything are early adopters or people that don’t know any better. Combining both is a very small section of the market.

Last week, Netflix and Best Buy said they will go predominantly Blu-ray. Last month, Time Warner said it will make Blu-ray exclusive. Today, Toshiba has said to cede its place in the battle.

My initial thoughts are that Sony will be having a very good Christmas 2008. Sony has not only won a huge format battle, but they have taken a huge step in locking up the War of the Living Room. Apple is one loser in this situation. They have been largely successful with their iPod/iTunes creations, but they aren’t making much headway with Apple TV…for a variety of reasons. Aside from Toshiba, Microsoft is the biggest loser in this war. PS3 has been lagging behind XBOX 360, but sales are expected to either match or surpass those of the XBOX 360 this year. Nintendo Wii has been the most popular and biggest surprise, but the target market is different. The majority of their customers are not the coveted 18-34 year-old male but everyone else. That’s just fine with Nintendo, and they’ve done a fabulous job of targeting “everyone else.” A little unscientific proof…I’m friends with a 22-year old male and about a week before Christmas everyone in his sports club received the highly coveted Nintendo Wii as their prize for a tournament win (around 150 units!). The majority of the men tried to sell/auction them, so they could use the cash to buy an XBOX 360 or Sony PS3.

Before today, the main factor for the projected increase in sales was the price drop on PS3 and that more movie titles have opened up for the PS3. The XBOX 360 has an add-on HD-DVD player, and the PS3 is built with a Blu-ray player. Sony has just taken a huge leap in the War of the Living Room, and this will now be an even larger determining factor in the lead they take over Microsoft. The 18-34 year old market can go out to buy a PS3 for its video game capabilities and Blu-ray technology. This one system can now immediately quench the needs of the typical 18-34 year-old male. It offers a high-end gaming system, Blu-ray player and will finally allow users to buy Blu-ray discs with confidence enabling them to maximize the use of the LCD TVs they invested in last year. Savvy parents will also see the value in the system as well. They can buy a PS3 to meet their child’s video game and Disney Blu-ray needs.

I’m anxious to see Sony’s movement in 2008.

I recently wrote about the Apple iPhone release and my predictions/concerns for the product. One of my concerns was why Apple (a great brand) chose at&t (a largely confused brand) to handle its coverage. An article from Business Week here presents some nice light to the question.

Anyone that knows me is aware that I’m a huge Apple fan. The first computer
my dad put me on was an Apple II back in the day. I lost touch with the
company until my freshman year of college when I worked on a Mac network.
It was around the time that Apple released the first iMacs and brightly colored
iBooks. Steve Jobs has been great at turning Apple around and making it a
player once more. Enough has been written about that over the past 10
years. Under his leadership, not only has Apple been great at reinventing
itself, but it has learned from their mistakes…unlike Sony. For
instance, the iPod. They made it available to Mac and Windows users
whereas the Apple of old would have made it Mac only. Recently, they have
made iTunes Plus which will let users share music without restriction.

I’ve been waiting for awhile to write about the iPhone, so I figured I’d
wait till the hype was at its peak and then scribble. Well, tomorrow is
the day. And as I sit here in the

Atlanta
airport waiting to hit NYC, I’m seeing about every 3rd person with an iPod and
every 2nd person with a cell phone/Bluetooth ear piece attached to their
heads. Apple has finally put a true convergence of these two
together…the Motorola ROKR didn’t count. The screen is the latest
technology to hit the consumer markets and it’s reported to be remarkably easy
to use (check out WSJ’s Walter Mossberg for the latest preview). The idea
of the ‘true’ Internet and not a dumbed-down version of it and is supposed to
be fantastic. You’ve seen the commercials, so you know what you’re
looking forward to seeing. My two favorite things to follow are business
and sports. Within the professional realm of both, I’ve learned to detach
emotion from both (unfortunate reality of pro sports). I have an
old G4 Powerbook, an iMac, 2-iPods and am a shareholder (bought it at $35…YEAH!).
Needless to say, I’m emotionally involved with Apple, but my parents always
taught me tough love.

I’m a strong believer in waiting past the first generation (1G) of anything
before purchasing. I waited until the 3G iPod before I bought one, 2G
iMac, the 3G of my current car, etc. The Blackberry Pearl was the most
recent major 1G purchase I’ve made in a long time. There are several
reasons I always follow this rule such as money, bugs, etc. However, as I
type there are lines wrapped around at&t and Apple stores nationwide with
people in the cult. Thank God for these people. I will never be the
one standing outside for tickets, toys, standing outside the movies for the
next Harry Potter or whatever; but those the people that help create the market
and drive new technology. Apple is limiting to 2 per customer. I’m
excited that I will happen to be in NYC tomorrow to see all of this
unfold. My friend Darren Herman said that people have lined up 4-days in
advance in

Manhattan

!

Having said that, here are my predictions for the iPhone:

SHORT TERMFrom a functionality
perspective, I think most people’s expectations will probably be exceeded and
surprised. People see the ease of a new product on TV and usually think
about the burgers at their favorite restaurant that never quite looks like the
picture.

The gadget geeks will be more than satisfied
with their product, but I don’t think Apple will hit the corporate customers as
hard they are expecting and that includes the usual trendy small business
owners. Unfortunately, Microsoft Outlook still rules the day as a
personal organizer and there is no option to sync with this program like there
are with Blackberry and Treo. Any webmails such as Gmail and Yahoo won’t
be a problem, but most companies of any size don’t use this.

A major surprise I’ve had is Apple’s
partnerships with at&t, and the reason is I’ve not been impressed with much
at&t has done from a customer service or innovation perspective; whereas,
for the most part, I’ve had the exact opposite experience with Apple.
Their Genius Bars in their stores are just that…genius. Their open
discussion forums online and phone tech support is just wonderful. They
have become a leading poster child for the ‘customer experience.’
Everything at&t and Cingular in this realm was (and still is) absolutely
terrible. Regardless of Apple’s intentions, will customers be able to
differentiate the two when they start having problems? My 18-year old
sister can go into an at&t store right now and ask a question about a phone
and most likely get someone her age that doesn’t know and/or doesn’t
care….she can go into an Apple store and get someone of any age to help with
any product with passion.

$500? They did this with the 1G iPod which
kept me from it. $60…the data plan and only 450 minutes…if it ran on the
3G network maybe Skype would be a great option here. Sony is having
a rough time with their PS3 and in close danger of losing many loyal
users. There are many factors but one of them is the high price
tag. Sony has had the same problem with their PSP and have come down to
the level of the Nintendo DS. Will Apple duplicate? Likely not, the
market will drive their price down just like the hundreds of MP3 players did
for the iPod.

WiFi support is lacking as a
whole and the phone will run on an older EDGE technology. It’s hard for
me to imagine taking full advantage of the iPhone capabilities on the EDGE
network…I know because my Pearl
runs on it. I’m almost wondering if it’s a better idea to pay $29.99 a
month for T-Mobile’s Hotspot program rather than at&t’s $60 data
plan. To me, there are more Starbucks/Borders/Barnes and Nobles etc. with
Hotspots (see article on T-Mobile’s Tripe Threat) than there are random WiFi
networks.

LONG TERM…I’m curious to see what this does for the cannibalization
of Apple’s iPod. I’m sure they have it in the plan, since they have 80%
market share; but I’m anxious to see it unfold.

Since the addition of iTunes plus now allows users the share
music freely and other companies such as RIM begin to push the envelope of
smart phones, will Apple lose their dominant position on the music
industry. There are already touch screens out there much more advanced
than the one being released tomorrow.

Does Apple have a plan to become the Google of the hardware world?
Basically buying companies and putting them on a shelf to keep them from
competing.

I haven’t heard many speak about it, but this will be the first form of iPod
with Bluetooth. So, yes people will be sharing music, but think about the
opening for advertisers and user-generated media. I’m excited about this
because we could begin to see some pretty funky stuff.

BOTTOM LINE: I’m excited about the release and anxious to hear
about the new experiences. I have faith in Apple but not at&t, so I
think whatever goes wrong will be taken care of; and I’m pretty sure I’ll
become a 2G/3G user.