Author Archives: John Koetsier

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3 out of 4 Americans have never heard of an ICO, 68% have no knowledge of Ethereum

Cryptocurrencies may have a market cap of $182 billion USD, and initial coin offerings (ICOs) may have surpassed venture capital as a means of raising early-stage money, but most Americans still have very little clue about either.

68.4% of Americans have never heard of Ethereum, Bitcoin’s little brother, according to a LendEDU survey.

There is currently about $30 billion of Ethereum circulating, although the price fluctuates constantly. After massive gains in recent months, there is almost $110 billion of Bitcoin in circulation. Bitcoin is much better known: 78.6% of Americans have heard of Bitcoin.

Get the full story in my post at Forbes …


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Blockchain and adtech: What’s interesting, what’s hard, and what the industry really needs

The promise of blockchain is extreme in almost every facet of technology. Having a common record book that everyone can see, and no one individual can alter, is a simple but stunning idea that could revolutionize advertising through more trustworthiness, lower costs, better transparency, and a renegotiated contract with consumers.

But not all blockchains are equal.

And some problems are harder to solve than others.

There are four major problems in advertising right now: fraud, privacy, complexity, and supply consolidation. Blockchain has the potential to address several of them, but probably not all. Before we address how blockchain can or can’t help, let’s summarize the core issues.

Get all the info in my post on TUNE’s blog …


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Artificial intelligence and commerce: 4 steps to bringing AI to market

Lyft’s head of machine learning Gil Arditi talked today at VB Summit 2017 about how to take AI out of the lab and into real-world products that provide competitive marketplace advantage.

Lyft, which just closed an additional billion-dollar round of financing led by Google, has an internal four-stage process, Arditi says.

Get the full story in my post at Forbes …


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Apple vs Facebook: 38% of mobile gamers have used Facebook’s ‘App Store’

Last week Facebook gave mobile game publishers in its Messenger platform the ability to monetize their games with purchases and ads, a direct challenge to Apple’s App Store supremacy.

Today, TapResearch released insight into who’s playing Messenger games.

And Facebook has a ways to go.

While 80% of mobile gamers use Facebook Messenger — more than double the number that use Snapchat — only about half of them have played a game inside Messenger. And of those, two thirds played some time in the last month.

Get the full story in my post on Forbes … 


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The best Android game has just 4.5% user retention after 30 days

Star Wars Galaxy of Heroes has been downloaded perhaps 50 million times. It’s a top-10 game for revenue. But 95 out of 100 people who install it on Android aren’t using the app a month later.

And it is the very best game on Android for mobile user retention.

Mobile user retention is bad, as everyone in the mobile app install business knows. But new data seems to show that Android retention rates — for top apps — are half or a third of those on iOS.

Get the full story in my post at Forbes … 


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Location-based mobile marketing: 5 key requirements for winning while not being evil

Location is one of the key components of modern marketing. But it’s also one of the most problematic, because it has huge potential for privacy violations.

Just this past week, it’s come to light that some telcos may be providing personal data including location to advertisers. A couple of months ago one of the larger weather apps, AccuWeather, was found to be transmitting location information to a data vendor, even when against people’s direct wishes.

So location-based mobile marketing can be tricky. It can be creepy. And, it can be illegal.

But it can also be incredibly useful. Try using Uber or Lyft without location sharing. Or Pokémon Go and other location-dependent games which rely on knowing where you are.

Get the full story in my post on TUNE’s blog …


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Why you really, really care about robots getting ‘human’ rights

In Estonia, where the digital state was invented, the government is hard at work on the legal status of robots. The question is: do artificial intelligences deserve “human” rights? Or any rights at all?

This may seem like a particularly lame way for EU bureaucrats to kill some time and spend taxpayer cash, slightly ahead of counting angels on pins, and just behind dictating rules around who can make cheese, or what wines qualify as “Burgundy.”

But it’s actually something that matters.

And not just in general, but to you, personally.

Get the full story in my post at Forbes …


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The #1 thing fake news can teach entrepreneurs about marketing

It might have won an election and disrupted public discourse, but the massive impact of fake news also has a critical lesson for entrepreneurs.

And entrepreneur Larry Kim just showed us how.

Kim, the founder of online advertising company Wordstream and current CEO of chatbot company MobileMonkey, recently ran a test to determine if fake news could actually disrupt an election. So he spent about an hour creating a fake news site — complete with a backwards CNN logo — and an accompanying Facebook page.

Get the full story in my post on Inc. …


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How to hack an election: $50, 60 minutes, and fake ads on Facebook

Facebook is finding thousands of ads that Russian interests may or may not have purchased with the intent of influencing the most recent U.S. election. Twitter and Google are finding evidence of similar meddling.

But can it work? Is it possible to hack an election via social media?

Entrepreneur Larry Kim decided to test that proposition.

He spent an hour creating a fake news website and a fake news Facebook page, bought just $50 worth of Facebook ads, and reached 4,645 people within minutes.

Get the full story in my post at Forbes …


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Less than 9% of marketers have a marketing system of record

There’s a core architectural flaw in most marketers’ tech stacks.

Out of all a company’s many functions and divisions, marketing stands isolated as a core and key function that does not have a single system of record.

Finance has a system of record: whatever accounting software the company has chose. Sales has a system of record: CRM. And business management, HR, and other divisions have a system of report, an ERP system.

Marketing? Not so much.

Less than 9% of marketers have a single marketing system of record.

Modern marketers deal in data. Prospects, customers, and fans are defined by who they are, how they feel about the brand, and what they do. But most marketers completely lack the central glue that ties together all the information they have: a system of record.

Get the full story in my post at TUNE’s blog …


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Vcommerce: The $57 trillion reason AI is now permeating every single consumer device

Every single consumer device that matters is now a trojan horse for the rapid introduction of AI assistants into our lives.

Think iPhone, Echo, Pixel, Chromebook, Pixel Buds with Google in your ear. Smart homes, smart cars, smart glasses, and speakers. And all of them with a voice, enabling v-commerce. Or, voice-powered commerce.

Google’s new Chromebook — the PixelBook — has a dedicated Google Assistant button. Android phones, of course, particularly those that Google produces itself, respond to “OK Google.” Apple’s laptops don’t have a dedicated button for Siri, but, in High Sierra, the latest version of Mac OS X, you can invoke Siri by pressing two buttons. iPhones, of course, respond to “Hey Siri.” Amazon, which has long has the Echo, now enables the invocation of its electronic genie via the Show, Connect, Echo Plus, Echo Spot, and Fire TV products. Sonos is in on the game. Microsoft’s Cortana is getting installed on smart speakers … and it goes on and on.

What’s happening?

Get the full story in my post at Forbes …


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The Chalk AR app is the future of education, service, and support

I can’t count the number of times I’ve tried to do remote tech support for my parents or other relatives, only to feel like Flint Lockwood asking his father to save the world in Cloudy With A Chance Of Meatballs.

It’s not easy.

Chalk, the new augmented reality app from Vuforia, aims to change all that. And it could end up changing much, much more.

Like education, remote service calls, tele-medicine, and anything where it’d be helpful to see what the person you’re trying to help is actually seeing, and mark up their (augmented) reality with your insights.

Get the full story in my post on Forbes …


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What external company reviews tell us about internal corporate culture

Everyone’s done it. Before you take that job, you check external sites like Glassdoor or LinkedIn to see what people say about the company you’re about to join.

The question is: can you trust those reviews?

According to new research by Workplace Dynamics, an employee engagement platform and Kununu, a Boston-based “workplace insights” company, you can. And it’s possible that those nasty reviews aren’t just disgruntled former employees after all.

Get the whole story in my post on Inc. Magazine …


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When you get featured in China …

… you can’t actually read the post that references your research. (Unless you speak a Chinese language.)

🙂

If you can … here it is, at Techweb China.


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OTT revolution: Winning in an everything streaming, all the time, everywhere world

What do you do if you are a media and entertainment company today?

Plain old cable TV viewing is down, with most shows seeing flat or no growth, and many declining. Netflix is on the rise, and the streaming giant is spending $6 billion on content in 2017. It’s already at 100 million subscribers, and has committed to spending $20 billion on new content in the future … which some say is not sustainable.

It’s not just Netflix

https://pixabay.com/en/netflix-remote-control-electronic-2705725/Streaming giant Hulu is spending $2.5 billion. Amazon is spending $4.5 billion. Apple is bringing a billion dollars to a multi-billion dollar fight.  HBO usually spends about $2 billion, but is probably upping its investment. Meanwhile, pro sports, the last bastion of live TV (beside politics and catastrophes), is streaming into the cloud too. Amazon is streaming NFL. Twitter is streaming live sports, news, and fashion. Facebook just launched Facebook Watch and will stream NFL highlights, UEFA Champions League games, MLB games, Crossfit Games, and World Surf League events.

And we haven’t even talked about ESPN, Crackle, Overstock, Warner Instant Archive, Tribeca, Snapchat, Vice Media, Twitch, Awesomeness TV, and dozens of others OTT, social, network, mobile, and other kinds of companies attacking the video streaming market. Oh, and maybe the biggest of all in terms of time viewed: YouTube.

Back in 2015 I calculated that Americans alone spend an average of 8,061 person-years on YouTube every single day.

Get all the insight in my full post on TUNE’s blog …


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This tech startup founder offered to donate his kidney in an attempt to get funding

A startup is a baby, in a very real sense. And while some become insanely successful, lifting their founders to Zuckerberg or Musk status, others fail, and their “parents” pay a staggering price that can leave them depressed, unbalanced, and even suicidal.

That may be the case of one Montreal-based founder who recently messaged me on LinkedIn.

His startup was going broke, and he was planning to donate his kidney for exposure, hopefully leading to a $500,000 funding round. I have changed his name to protect his privacy:

Get the full story in my post on Inc. Magazine …


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Facebook Messenger crashing instantly on iOS 11; crash log references ‘CryptoTokenKit’

Facebook Messenger appears to be crashing almost instantly for some iPhone owners. A mobile developer suspects the culprit may be an obscure “CryptoTokenKit” found in the latest version of the software.

Facebook’s massive messaging platform has over 1.2 billion users. But potentially hundreds of millions of iPhone owners who are upgrading to Apple’s latest operating system, iOS 11, may not be able to use the app until Facebook updates it.

I stumbled across the problem personally by updating Messenger on September 18, and then upgrading to iOS 11 yesterday, the 21st. Messenger now opens for about two seconds and immediately quits, repeatedly and reliably, even after a full phone restart.

Get the full story in my post at Forbes …


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Facebook Q3 ad revenue will be up 47%, Citi report suggests

A report from Citi Research suggests that Facebook’s next earnings report will show a 47% year-over-year increase in ad revenue.

In addition, at least one agency which manages $1 billion in social advertising spend on the social platform says that combined spend on Facebook and Instagram grew 88% year-over-year in July, and 73% year-over-year in August.

That’s extremely strong performance.

See my post on Forbes for all the details …


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2017: Global app install fraud is 7.8% and will cost marketers up to $2B

How much global adspend flies out the window right into fraudster’s pockets? Potentially as much as $2 billion dollars a year in app install campaigns alone.

Mobile marketers spent $5-6 billion dollars on mobile app install campaigns last year in the United States alone. I can’t find any independent analyst’s global estimates of the app install market size for 2017, but historically, the U.S. has accounted for 30-50% of the global app install market. In 2014, for example, it was 40%, and the market has grown quickly in Asia and other parts of the planet since then.

mobile marketing kpis retail appsGiven that Yahoo’s mobile analytics division Flurry estimated the global market at $6 billion way back in 2014, the total is certainly north of $10 billion for 2017, and is more likely as high as $15 billion.

So how much is fraud?

Get the full story in my latest post on TUNE’s blog …


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Mobile ad fraud: Twice as high on Android as iOS

Ad fraud is twice as high on Android devices as it is on iOS smartphones and tables, according to a recent report by Datavisor.

The report, which studied 140 million app installs across almost 500 ad networks and publishers, says that average app install ad fraud on Android is 5.8%, while on iOS it is 3%.

The app install business was almost a $6 billion business last year in the U.S., the report says, citing eMarketer, while Business Insider estimated it to be $5.5 billion. I’ve studied mobile ad fraud extensively, and I’ve estimated the size of the global market at north of $10 billion in 2017, and possibly as high as $15 billion.

App install fraud occurs when fraudsters fake app installs, falsely claim credit for legitimate app installs, or use malicious apps to download real apps onto real users’ devices without their knowledge.

Get the full story in my post on Forbes …


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49% of Apple Watch owners likely to upgrade to the new Apple Watch 3

Half of current Apple Watch owners are likely to upgrade to the new version that Apple will start shipping on Friday, according to data from a 2,500-person survey by Fluent.

If true, this means that Apple should sell 15 million units over the next 12 months without adding a single net new Apple Watch owner, since the company has sold about 32 million Apple Watches to date. Add in some net new buyers, and Apple has a shot at selling more Apple Watches over the next year than it has since launching the device category in April 2015.

Get the full story in my article on Forbes … 


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In iOS 11, apps will engage or they will die

In 2015 I downloaded an app called Touch of Modern. The company behind it is a retailer that sells cool modern products for men, including furniture, watches, a gadgets.

In 2016 I barely touched the app. Maybe never.

In 2017 I ordered perhaps $2,000 worth of product right from the app.

After downloading and installing iOS 11 today, it struck me that if iOS 11 had been around in 2016, I might never have had the opportunity to see the app icon on one lazy weekend, tap it out of sheer boredom, browse the products, and so get sucked back into buying cool stuff that I barely use. And Touch of Modern would have been out $2K in potential purchases … without ever knowing it.

Get the full story in my post on TUNE’s blog …


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Tesla CTO JB Straubel: The One Key to Great Networking (And The Single Biggest Mistake)

Networking is critical to success. Unfortunately, the way many people network is also critical to why they fail.

At last week’s Waterloo Innovation Summit, Tesla CTO JB Straubel talked about working with the best of the best — like Elon Musk. Straubel, who was on the founding team that started the iconic electric car company, also talked about the biggest mistakes young professionals make when starting to spread their wings and network.

Networking, he admitted, is essential … even if he hates it.

See the rest of my post at Inc. Magazine …


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86% of marketers can’t consistently measure customers’ cross-device activity

You want to understand your customers, which means you want to understand their journey. How do they become customers, and what steps do they follow on their path? And, is digital compressing the traditional marketing funnel from weeks to days, even hours, as Facebook’s Sheryl Sandberg has suggested?

We surveyed 647 marketers about the value, technology, and problems with customer journeys. We also asked marketing influencers — including media, analysts, CMOs, and journalists — how customer journeys work, what’s wrong with them, and if marketers should even bother.

Mobile and other new technologies make customer journey mapping more challenging, because they increase the number of options.

But they can also make it simpler.

First, let’s briefly look at the challenges.

Get the full story in my post on TUNE’s blog …


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Augmented Reality Spending Exploding 11X To $36.4B in 2023, Greenlight Says

Apple just released ARKit and Google just released ARCore in the last few months. But revenue for augmented reality devices and content will hit a massive $36.4 billion in 2023, according to Greenlight Insight’s newest report.

That’s 11 times higher than the estimated $3.4 billion in revenue in 2019.

Current devices in the space include Microsoft’s Hololense, Google’s second version of the Google Glass, and the Meta 2. Apple’s new iPhone X and high-end Android-powered devices are the thin edge of the wedge driving augmented reality experiences into the consumer consciousness.

We’re about to see a lot more devices, however:

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Jay-Z’s Much-Dissed Music Service Tidal Now Third In App Store Revenue For Music Apps

Remember Tidal, the lossless music streaming platform that everyone loves to hate? It’s now the 27th top-grossing app on the iOS App Store and the third-highest-grossing music streaming service, according to App Annie.

That might not be Pandora or Spotify money, and sure, it’s behind Supercell’s super-successful Clash of Clans game, but it’s not chump change either.

And it’s a big swing from being the most-laughed-at app app of 2016.

Get the full story in my post on Forbes …


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Apple’s New FaceID Will Make It Easier For Police To Access Your iPhone X

Apple revealed its new FaceID today in the Steve Jobs theater on its campus in Cupertino, California. Law enforcement officials who have had trouble unlocking Apple phones in the past must be salivating at the news.

While in one way FaceID is more secure than the company’s TouchID, which uses your fingerprint to open your phone, it’s also more insecure.

Get the full story in my column at Forbes …


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The battle for the future of commerce and retail

Sears’ revenue dropped $3 billion in 2016. Macy’s net income dropped 43 per cent, and JC Penney generated $5 billion less revenue in 2016 than it did in 2011.

But in the last year alone, Amazon captured almost $102 billion more stock price growth than all of its retail competitors combined.

What’s happening? Is it a retailpocalypse?

It almost seems that way, especially with Amazon’s recently completed acquisition of Whole Foods. Amazon cut food prices by almost halfimmediately, and $40 billion in market value vanished from new grocery competitors Kroger, Costco, Target, and Walgreens overnight.

Amazon certainly makes a convenient target …

Read the full story on the University of Waterloo’s website.


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Apparently, I’m a top-15 global influencer on sales

I would never have guess this, but apparently, I’m a top-15 global influencer on sales.

That’s surprising, because I focus on tech. Specifically, mobile, AI, IoT, AR/VR, and a few other broad areas in martech and adtech.

Ah well … I’m happy to be influential at something 🙂

Here’s how Onalytical determines influence, by the way. The TL;DR version? People who show an interest in a topic, have a strong social following, influence other people on thatose topics, and connect stakeholders tend to be influencers.


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Excellence is not easy.

Excellence is not easy.
 
I played some ice hockey with my 14-year old son Aidan today. He got frustrated because his cross-ice saucer passes were ugly and wobbly.
 
The problem? We hadn’t been on the ice all summer.
 
How could he be great, if we hadn’t practiced in four months?
 
It made me think: too many people expect excellence at no cost. They expect to be able to be good at something instantly, or at least quickly.
 
In other words, they’re dreaming.
 
Anyone who is excellent at anything difficult and worth doing well has put in long hours of effort, practice, and energy. They’ve endured sucking, worked hard to win skill, passed through tears and blood to graduate to competence, and eventually, have sweated their way to excellence.
 
Expecting easy success is the surest route to failure. Expecting the process of achieving excellence to be hard, painful, sometimes humiliating, and often humbling is the path that will lead to investing dedicated time and effort.
 
And dedicated time and effort do, over time, usually lead to success.

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