Tag - business

Why I hate it when people say “let’s ask our clients”

Yesterday I was pitching a totally innovative never-been-done-before six-figure customer support, training, and marketing initiative for a multi-ten-figure product line with extremely high gross margin to the board of an industry-leading company when someone piped up and said the same thing every scared decision-phobic exec always says when presented with a new idea:

Maybe we should do a focus group or something – ask our customers if this is something they would like.

So I was happy to see James Dyson’s quote at the Independent:

“You can’t go out and do market research to try to solve these problems about what to do next because usually, or very often, you’re doing the opposite of what market research would tell you. You can’t base a new project two years ahead on current market trends and what users are thinking at the moment. That sounds very arrogant. But it isn’t arrogance. You can’t go and ask your customers to be your inventors. That’s your job.”

Bloody right.

There’s a time and a place for listening to clients … but usually it’s not when you’re inventing some new product or service. People want what they know. They literally can’t want what they don’t know.

Innovation often comes from the edges – and sometimes that’s clients – but unless you’re incredibly smart at reading between the lines, focus groups usually tell you what you already know.

(In case you’re wondering, we’re reconvening next week to get to yes – or no.)

[tags] dyson, innovation, business, strategy, john koetsier [/tags]

Odeo acquired … what about the content?

Michael Arrington reports that Odeo has just been acquired

I’m still wondering – as I was earlier this year – what will happen to all the content that has been uploaded.

The last thing I want to see is any links get broken or content get deleted. Lots of people have podcasts on Odeo, and I for one have pieces of personal history, like this last message to my wife from her grandfather before he passed away:

powered by ODEO

[tags] odeo, sold, sonicmountain, podcast, john koetsier [/tags]

Microsoft & Yahoo: dumb and dumber

So Microsoft and Yahoo! are in takeover/merger talks. It’s getting major coverage. Is this a good idea?

Buying Yahoo! would be Microsoft’s dumbest move ever. Focus dilution, merge headaches, corporate culture clashes … the list goes on and one. Frankly, if I was Google or any other Microsoft competitor, I would be praying that they do buy Yahoo!

Microsoft’s niche – OK, ecosystem – is not the web. That’s not what they do best. They’re desktop and server. That’s where they win. It’s not clear to me that buying Yahoo! makes them any more web-native.

Microsoft would effectively be granting competitors a 6-month headstart – at least – while they tie themselves and Yahoo! up in interminable negotiations, strategizing, and what/who stays/goes triage.

Finally, Microsoft’s ace in the hole – one of them, anyways – is their massive cash hoard. That loot buys them 5-6 mulligans in just about any business sector they’re in. If they use up all or a significant part of their cash, they become that much more vulnerable to the consequences of screwing up.

And screwing up is easy to do when you take your eye off your ball.

Apple: welcome to life as Microsoft

It’s a great story to be the underdog … but it’s nicer to be the top dog.

Unfortunately, being top dog means being treated like one. Apple is now being hit with intellectual property and patent lawsuits almost weekly. The latest one, from Individual Networks, hits Apple where it hurts: the iTunes/iPod empire.

As AppleInsider reports …

Individual Network’s complaint accuses Apple’s entire music ecosystem of profiteering from iTunes sales and points to anything which can download copies of that content, including the iPod, as contributing to the reported damage. If won under ideal circumstances, the suit would grant the plaintiff not just royalties for every iTunes song or video sold but also a “reasonable” percentage of the revenue from associated devices such as all iPods. The Apple TV and iPhone may also be subject to a future ruling.

While it’s incredibly annoying that companies that do nothing but dream up squiggles on paper and then get them patented could potentially make billions off of others’ hard work of actually building a real product and a real business, that’s the business/legal world of the USA today.

Welcome to Microsoft’s world, Apple.

[tags] apple, legal, IP, patents, microsoft, john koetsier [/tags]

Entrepreneurs vs. wanna-bes

I get Perry Marshall’s AdWords/marketing email newsletters. Today’s had a section on entrepreneurs versus wanna-bes that I thought was really, really good:

  1. Wanna-be’s obsess about ideas. Entrepreneurs obsess about implementation.
  2. Wanna-be’s want more web traffic. Enrepreneurs focus on sales conversion.
  3. Wanna-be’s focus on positive thinking. Entrepreneurs plan for multiple contingencies.
  4. Wanna-be’s want to get on TV and get “famous.” Entrepreneurs build their list.
  5. Wanna-be’s seek a perfect plan. Entrepreneurs execute and adjust the plan later.
  6. Wanna-be’s wait for their lucky break. Entrepreneurs engineer four, five, six plans and execute them in tandem, wagering that at least one plan will get traction.
  7. Wanna-be’s fear looking stupid in front of their friends. Entrepreneurs willingly risk making fools of themselves, knowing that long-term success is a good trade for short-term loss of dignity.
  8. Wanna-be’s shield their precious ideas from harsh reality, postponing the verdict of success or failure until ‘someday.’ Entrepreneurs expose their ideas to cold reality as soon as reasonably possible.
  9. Wanna-be’s put off practicing basketball until they’ve got Air Jordans. Entrepreneurs practice barefoot behind the garage.
  10. Wanna-be’s believe what they’re told, believe their own assumptions. Entrepreneurs do original research and determine what paths have been already trod.
  11. Wanna-be’s believe they can do anything. Entrepreneurs do what they’re gifted for and delegate the rest.
  12. Wanna-be’s think about the world in terms of COULD and SHOULD. Entrepreneurs think in terms of IS and CAN BE.

To be honest, it’s a great checklist to check up on my own behavior. Am I acting like an entrepreneur or a wanna-be?

[tags] perrry marshall, adwords, entrepreneur, john koetsier [/tags]

Decision data/complexity matrix

Last week I finished up almost a month’s intensive investigation, analysis, synthesis, and creation, and planning.

We have a major product family that needed a huge refresh. The product manager for that line was transferred elsewhere in the company … and I got the file 3 weeks before a executive meeting in which I had to present the plan. Tens of millions of dollars are at stake.

So I had to plow through a ton of data, figure out what was happening with the line, understand it, decide where to take it, plan the new approach, formulate my presentation and style, and sell it to the top stakeholders.

That was an intensely interesting experience, and made me think about the relationship between data, complexity, and the quality of decisions. In honor of Kathy Sierra and her wonderful charts, I fumbled together this graph in 37 seconds or less:

decision-matrix.jpg

So here’s my back-of-the-envelope theory:

  1. With little data, decisions are a crapshoot. Who knows: might be right, might be wrong.
  2. With lots of data but inadequate synthesis, decisions are even worse. Still might be right and might be wrong, but even more likely than the little data scenario to be fuzzy, unfocused, and confusing.
  3. With even more data but extremely rigorous synthesis (lots of interesting but not ultimately relevant datapoints dying on the cutting room floor) you have the chance – repeat, the chance – to make good decisions that can actually be implemented in a clear, direct, and powerful way.

I’m sure there’s lots of holes in this bathtub analysis: poke away!

[tags] decisions, matrix, data, complexity, kathy sierra, analysis, synthesis, john koetsier [/tags]

Adlinks will ruin the web

fake-links.pngIf every page starts to look like this, we’re in big, big trouble.

All those links are fake links – ad links … what I’m going to call adlinks. This particular bit on nonsense is featured on /Film’s Indiana Jones story.

They don’t actually go anywhere that you might think they do, they’re only ads, and they’re either selling something at best barely related to what you’re reading about, or they’re just a way to benefit from adwords arbitrage (insert whatever pay-per-click program you wish, even Microsoft’s).

Plus, they’re too dense, meaning that the value of each individual link is less. And finally, since they bear no relationship to the story/post, they actually inhibit communication.

fake-links2.jpgWhen you mouse over them, they look like this.

Links are the roads and the currency of the web. When they don’t do what they’re supposed to do, we’re putting potholes in our roads. We’re inflating the currency.

And we’re pissing in our own well.

[tags] adlinks, ads, links, advertising, online, john koetsier [/tags]

Roses and chocolate

Why doesn’t anybody sell flowers and chocolate?

I need a few gifts for co-workers who are really doing an amazing job. I was thinking flowers and a box of fine chocolates. Why do I have to go to two different stores to do that?

Someone should sell both. I think they’d make a killing.

[tags] flowers, chocolate, gift, marketing, business, idea, john koetsier [/tags]

Kodak: Marketing with balls

Advertising this good deserves recognition:

This is marketing from people who have read the Cluetrain. This is marketing from people who give a damn. This is marketing from people who are having fun.

If all advertising was this good you wouldn’t need to skip commercials.

[tags] ad, advertising, kodak, kodak moment, guts, marketing, john koetsier [/tags]

Seriously out of touch 2.0

Was checking out Steve Poland‘s new Web 2.0 For Sale website after seeing it mentioned on Techcrunch.

Great idea, but the low price ($10 for a month’s worth of listing) seriously negatively impacts quality.

Right now there’s mostly lousy domain names for sale and out-of-touch naifs trying to sell unknown and unsuccessful social bookmarking sites for $2,000,000. I quote: “there’s two of us – we want $1 millions each.” Uhuh. That sounds likely.

Listings should be something like $100/month. Quality would go up.

[tags] web2.0, for sale, techcrunch, steve poland, john koetsier [/tags]

Russian chocolate: for men only?

I had no idea that chocolate was only for men. But then again, I’ve never been to Russia:

nestle-for-men.jpg

In case that’s not quite clear enough, there’s a warning on the back:

only-men.jpg

My niece just came back from Russia – visiting with her dance troupe. Amazingly, she attended a session in Catherine the Great’s private theatre. She also saw these wacky chocolate bars from Nestle.

Why are they only for men? I’d love to know the story – I can only guess.

Maybe manly Russian men don’t eat chocolate, and this is Nestle’s version of a Marlboro cowboy. Maybe the chocolate contains testosterone and other male hormones that would have deleterious effects on women.

If you know the marketing story behind this, let me know! (Please.)

[ update ]

My wife did a simple Google search and found this Russian site that explains chocolate for men.

An excerpt:

The idea of this product creation, intended only for men, is based on deep understanding of a modern man psychology. “The role of woman in a society is more and more increasing. A distinction between a woman and a man is gradually drawn. So much the men would like to have things, which will belong only to them. Considering this need, “Nestle” company developed a key idea of “untouchable man’s property”, which was laid in the basis of Nestle® Classic for Men strategic concept”,- Aleksandra Tarasinkevich, senior manager of trademarks of confectionery products department of “Nestle” company, says.

Interesting …

[tags] nestle, chocolate, men, russia, marketing, john koetsier [/tags]

Reasons & reasoning: why people buy what they buy

Saw a link to Clotaire Rapaille’s interview on The Persuaders on 37signals’ blog a couple of days ago … and I’ve been mulling it over ever since.

He’s a psychiatrist-turned-brand-marketer, and he helps companies understand what people are really thinking (as opposed to what they’ll tell you) and why they really do things (as opposed to how they explain themselves). An interesting part:

When we [are] born, we have the reptilian brain. The reptilian brain is there already. It’s part of survival; it’s breathing, eating, going to the bathroom. But then, in relationship with the mother, we develop the second brain, which is the limbic brain — emotions — and these emotions vary from one culture to another. In the relationship with your mother, you’re going to imprint, make mental connection about what means love, what means mother, what means being fed, what means a home, what means all the things that are very basic for survival. [These] are transmitted by the mother to you, and you create this mental connection in the brain — like a reference system, if you want, that you keep using. After a while, this system becomes unconscious. You do not even think about it. You know “Oh, this is a house; of course this is a house.” Well, for a lot of people around the world, this is not a house. A house might be a tent or made of ice or whatever, but this is not their reference system. It might be different for others.

Then, after 7, we have in place the cortex. The cortex is the last part of the brain that we develop, and that’s what we suppose to be “intelligent.” We are scientists, you know — numbers and stuff like that. Now, what is interesting is the cortex, we [are] kind of aware of that. We try to be intelligent, but the reptilian [part] we are not very much aware of it, and the limbic is more or less completely unconscious.

An interesting example of what he’s talking about, when asked what’s wrong with most market research:

They are too cortex, which means that they think too much, and then they ask people to think and to tell them what they think. Now, my experience is that most of the time, people have no idea why they’re doing what they’re doing. They have no idea, so they’re going to try to make up something that makes sense. Why do you need a Hummer to go shopping? “Well, you see, because in case there is a snowstorm.” No. Why [do] you buy four wheel drive? “Well, you know, in case I need to go off-road.” Well, you live in Manhattan; why do you need four wheel drive in Manhattan? “Well, you know, sometime[s] I go out, and I go — ” You don’t need to be a rocket scientist to understand that this is disconnected. This is nothing to do with what the real reason is for people to do what they do. So there are many limits in traditional market research.

But some examples he gives of people that are getting it right:

Some people understand the power of the reptilian in a very gutsy way. They don’t do all the analysis of the three brains, but [they get it]. For example, the Nextel campaign, “I do, therefore I am.” Right, bingo. This is not “I think, therefore I am.” And the campaign for the Hummer — the Hummer is a car with a strong identity. It’s a car in a uniform. I told them, put four stars on the shoulder of the Hummer, you will sell better. If you look at the campaign, brilliant. I have no credit for it, just so you know, but brilliant. They say, “You give us the money, we give you the car, nobody gets hurt.” I love it! It’s like the mafia speaking to you. For women, they say it’s a new way to scare men. Wow. And women love the Hummer. They’re not telling you, “Buy a Hummer because you get better gas mileage.” You don’t. This is cortex things. They address your reptilian brain.

Fascinating stuff, to me.

[tags] branding, marketing, Clotaire Rapaille, john koetsier, market research [/tags]

80% of the market is conservative

I popped into the local Toyota dealership a couple of days ago …

I’m looking for a car, and since our company is going through a lean transformation (essentially, we trying to grow a culture based on the Toyota Production System) I thought I’d check out the products of that process.

Unfortunately, while all of Toyota’s products are excellent mechanically, none of them stir my soul in the least. Camry, Corolla: bland as white bread. The Prius is interesting ecologically, but vanilla in terms of style. And so on …

I talked to the sales guy about it, telling him I was interested in something with style and aesthetic appeal, and he said that 80% of the market is conservative … buying 4-door sedans without too much regard for style and look.

Is that true? I sure hope not.

[tags] market, conservative, aesthetics, toyota, john koetsier [/tags]

Dreamhost on DMCA (versus MediaTemple)

Having had way too much experience with the negative aspects of the DMCA lately, I was pleasantly surprised to find an article at Plagiarism Today referencing DreamHost’s blog post on Dealing with a DMCA Crook.

I love the fact that DreamHost goes out of its way to be clear that the DMCA can be used with no legal basis:

While the DMCA does offer some major benefits to both copyright holders and web hosts like DreamHost – legal immunity, woo-hoo! – it’s not always used as a force for good. Occasionally, unscrupulous types (and I’m looking at you, Church of Scientology!) will attempt to use the DMCA as a cudgel to take down sites that they don’t like, even when they are clearly in the legal right under copyright law.

Even better is the fact that DreamHost stands up to those attempts:

Liability issues aside, we’re not about to knowingly help someone silence valid criticism by going along with false or overly broad DMCA Notifications.

I’m contrasting that with the treatment I recently received at the hands of my current host, MediaTemple.

There was an obviously non-infringing incident, a person who did not want criticism, and a DMCA takedown. Without doing even the least amount of fact-checking, MediaTemple told me to take down the content within 24 hours, or they’d do it for me.

When I talked to an individual at MediaTemple, I was told that this was corporate policy so that they were not at risk. That’s the legal immunity part.

The bigger risk, though, is that free speech suffers when merely alleging that an incident has occurred is the full and complete basis for censorship … at least in my opinion.

While I can understand MediaTemple not wanting to accept any legal risk whatsoever, I wholeheartedly applaud DreamHost for shouldering their part of the burden of the ongoing fight to keep freedom free.

Kudos to DreamHost!

[tags] dreamhost, mediatemple, dmca, legal, risk, censorship, john koetsier [/tags]

iBegin: local businesses online

Just so you know, I’m getting paid $50 to write this review of iBegin. I belong to the ReviewMe service, and get an invitation to review a product or site every couple of weeks. I accept about half of them.

Here’s why I decided to do this review of iBegin:

  1. I went to the iBegin site
  2. I clicked on Washington state, where I spend a significant amount of time
  3. I clicked on Bellingham, a city I’m in frequently
  4. I clicked on Landscape Contractors … a service I’m currently in need of
  5. … and there were 15 or so businesses listed

‘Nuf said: I clicked accept review and started this article.

Available where I am
Why? I’m fairly used to new online businesses coming out that are going to revolutionize XYZ offline category … but when you go visit, they offer services in San Francisco, New York, and maybe Mountain Village, CA. Then, over the next few months, they add major cities around the US – usually in order of population. In other words, they’re only useful if you’re in a major urban center.

Seeing that iBegin is useful in a smallish Pacific Northwest city is pretty cool. If it wasn’t, I wouldn’t have accepted this review.

Plumbers aren’t online
The other thing, however, that interests me about iBegin is that it addresses a major problem: plumbers aren’t online. Joe Butt-Crack doesn’t have a website … and that’s a problem.

Why? Because when I need information, I go online – and so do an increasing percentage of people. White pages, yellow pages – I don’t like pages. I like Google, and I like the web. So it’s important that local businesses have an online presence. Since Joe’s never going to start a blog and is probably not too likely to pay his teenage cousin $50 to put up a cheesy 1-page business card … someone’s gotta do it for him.

Taking it deeper
When you actually click on a business name, you get all the basics: address, contact info, etc. You also get a Google Maps view of where they are.

What I’d like to see in addition to that is some social media features. In other words, feedback from clients … “I used Joe, and he’s great,” etc. etc.

In other words, do for local businesses what TripAdvisor does for hotels. I’m sure iBegin has that in mind and will likely add it … I’d like to see it sooner rather than later.

You can actually do something like now, because it’s a wiki and therefore editable, but that might not be totally obvious to people. Some kind of simple star rating might be a little easier, and some slightly more structured way of adding feedback and giving businesses a score (like buyers/sellers on eBay) would be useful.

[tags] ibegin, paid, review, reviewme, local, business, john koetsier [/tags]

8 steps to perfectly pitching bloggers

If you scroll down you’ll notice I recently added a blogroll-ish type of feature to bizhack: Autoroll. I don’t add a lot of flare to my blog because I like to keep it simple and clean and fast-loading, but I kinda wanted to this time. You would too if you got a nice email like the one I got.

So nice, in fact, that it’s an example of the perfect pitch for bloggers in 8 simple steps:

  1. Suck up (a little)

    From what I read, your blog seems to cover a lot of interesting topics around technology,marketing and corporate blogging. Your blog is quite visible (I found you in the first results of Technorati), so I guess you must receive loads of messages.

    Sucking up is always good. (By sucking up, I just mean being polite and maybe, just a little, exagerating on the positive side when commenting on someone else’s accomplishments.)

  2. Be humble

    We are just a small tech startup running a beta test for a new widget for blogs.
    As the topic of your blog fits pretty well with the type of high end blog we are looking for, it would be very interesting if you could join our AutoRoll beta test.

    No-one helps jerks or egomaniacs, so even if you’re achingly hip and working for the most blood-spatteringly cutting-edge sexy startup in the world, pretend you’re just a couple of guys in a garage fighting hard to do something cool.

  3. Simply explain the widget

    What’s all about? AutoRoll is the blog roll of your readers. It’s a widget that displays links to blogs your readers are visiting the most often.

    Nothing confusing here. Perfect. But intriguing enough to make me continue to read.

  4. Simply explain what it does

    How does it work? We trace the number of visits of each unique reader on each blog that has installed AutoRoll. The more often a reader visits a specific blog, the greater his affinity is with this blog.

    Hrm … the possibilities …

  5. Simply explain the benefits

    What are the benefits for you? First of all, you will provide your readers with a very entertaining blog roll, based on other readers with similar reading habits. Moreover, you will get highly qualified incoming traffic for your blog. Indeed, as other similar blogs display your blog on their AutoRoll, they will feed you with new readers with a strong affinity with your blog.

    Entertaining my readers is a top priority, of course (as I listen to Nirvana’s Teen Spirit). And getting fed with new readers is delicious and nutritious.

  6. Include a strong close

    It takes 1 minute to install: http://autoroll.criteo.com/

    Almost true, too yet. Impressive.

  7. And suck up just a little more

    I would be really interested in your personal feedback on this widget.
    Thanks for your help.
    Regards,
    Peter
    Project Manager CRITEO

    OK, I like to help people out when it’s possible.

  8. Include a link to your blog

    www.criteo.com
    http://blog.criteo.com/

    So easy to forget this elemental element of pitching to … bloggers.

Filling up on horsepigcow

Haven’t been over to see Tara at HorsePigCow lately (my feed reader dropped her when her blog moved and I’ve been lazy etc.) but she’s doing some incredible stuff and posting some really good good thoughts.

Two I wanted to highlight …

About public speaking or (I think) presentations in general. This one is from her speaking coach.

“It’s not what you say, it’s how you make people feel.”

Love it. Not – as Tara says – that content is irrelevant. But … the key is the emotions people leave with. Are they understanding, trust, happiness, insight? Or confusion, discontent, mistrust?

And about structural holes and the people who fill them. Hint: you want to be a hole-bridger, filler, dweller.

Opinion and behavior are more homogeneous within than between groups, so people connected across groups are more familiar with alternative ways of thinking and behaving. Brokerage across the structural holes between groups provides a vision of options otherwise unseen, which is the mechanism by which brokerage becomes social capital…The organization is rife with structural holes, and brokerage has its expected correlates. Compensation, positive performance evaluations, promotions, and good ideas are disproportionately in the hands of people whose networks span structural holes. The between-group brokers are more likely to express ideas, less likely to have ideas dismissed, and more likely to have ideas evaluated as valuable.

Whoa. Put that in your pipe and smoke it! (This one is from Ron Burt.)

(In case you’re wondering why I’m posting stuff like this, my blog is my memory. ‘Nuff said.)

[tags] tara hunt, citizen media, horsepigcow, john koetsier, public speaking, social brokerage, structural holes, ron burt [/tags]

Odeo being sold … what about the content?

Obvious Corp is is selling Odeo.

What worries me is whether or not audio I’ve recorded there will survive the transition. Like my wife’s grandfather’s last phone message. Like my my daughter’s thoughts on the Narnia move.

Ev says they’re selling it lock, stock, and barrel:

To clarify, what we’re talking about is selling odeo.com and studio.odeo.com, including all code, the domain, brand, database of three million MP3s, etc. Not a company, but a site and platform that could be ramped up to something much bigger.

… but will there be some kind of clause protecting existing recorded audio? I sure hope so. Any company buying it would be very foolish to immediately anger the existing user community by distrupting access, but you never know.

[tags] odeo, obvious, sale, john koetsier [/tags]

Seth Godin’s advice for me (and you?)

A couple of weeks ago 37signals mentioned they were having a fireside chat with Seth Godin and Mark Hurst. They asked for questions; I submitted one.

Today I was very happy to learn that mine was one of those chosen – and even happier that Seth gave a great, great answer:

A couple of reader questions:

John Koetsier, 22 Jan 07, for Seth: “I have a million startup ideas (ok, my potential biz list is about 20 ideas long) but limited time. What’s the best strategy: go deep on one idea, or try 3-4 simultaneously? Time is limited, obviously, money is as well. Rifle or shotgun: what would you do?”
Seth
I think this is a false dichotomy.
rifle implies all your eggs in one basket.
get it wrong and you go home.
shotgun implies that you throw stuff at the wall and see what sticks
half assed, in other words.
I think there’s a different approach.
Matt
what’s that?
Seth
We start by understanding that in any industry, there are dues to be paid, things to learn, people to know.
A base of code to be written, or concepts to understand.
If you go shotgun, you’ll resist that. You’ll flutter and flitter.
Always waiting in the supermarket line, switching lines,
never getting to the front.
BUT
So, I say, pay your dues. Concentrate your effort.
Matt
Good point.
Seth
At the same time, understand that you will never be right about fashion.
You’ll never get the story perfect.
And if all your eggs are in one basket, you’ll study too much
you’ll test too much
and you’ll be afraid to go go go
and so, build your platform
and be sure your platform leaves room for many riffs, many shots, many attempts to get it right.
At Yoyodyne, we changed our business plan COMPLETELY every four or five months.
Our core beliefs stayed, our software base stayed, our people stayed
but our business changed.
end of riff
Mark
if i can attempt an echo.. be tight on the foundation; be loose on what you build off it
Seth
yeah, like that.
Mark
i agree that context is so important – content may change, emerge, whatever
Matt
Sounds like you need to have a foundation, but one that can float as opposed to being anchored.
Seth
it’s the attitude, Matt. If your attitude is, “we built this foundation, we will continue to reinvest in it, AND we will always be willing to radically change our story and our deliverables” then I think you win.

Wow. Thanks for that great, great advice, Seth. That’s really, really helpful.

B2B marketing, web-enabled

Marketing Sherpa has a great case study on B-B marketing via multiple media, including the web, by B&B Electronics.

Some of the key findings:

  • “Google kicks butt. By far 75% of our PPC-driven names come from Google. Ask is also decent, but not dramatic. MSN is still weak and Business.com can be hard to use.
  • Triggered email timing tests ended up a wash. Turns out folks opened and clicked about the same whether they were getting emails weekly or monthly.

Lots of samples of campaign creative here too ..

Potpourri linkage

I have this shockingly bad habit of saving browser windows in tabs in the Mac OS X dock for days on end, unable to get rid of them until I’ve done something with them.

Sometimes I can get away with sending them to del.icio.us. Other times I just have to blog them. This is one of those cases …

5 Reasons Why Enthusiasm is Better than Confidence
Scrumptiously delicious brainfood … and good reasons to distrust confidence. A must-read.

  1. Confidence is about you – enthusiasm is about your subject
  2. Confidence is about you (again) – enthusiasm is about others
  3. Confidence is impressive – enthusiasm is infectious
  4. Confidence is certain – enthusiasm is creative
  5. Confidence is serious – enthusiasm is fun

The most compelling parts of Seth Godin’s The Big Moo
OK, I won’t re-list them. Just go check ’em out. Then you’ll probably want to buy the book, too.

. . .
. . .

Phew, that feels so much better. Now I can kill my browser window.

[tags] seth godin, confidence, enthusiasm, john koetsier, linkage [/tags]

Anti-advertising: IBM mainframe ad

This is the best IBM advertising I have ever seen:

I can’t remember where I saw it – sorry! – but someone was blogging about this as the Jon Stewartization of corporate communications. Smart, funny, ironic, not too self-serving, not too serious, very aware of stereotypes and opinions of others.

Love it!

Instant mood changer: CEO wealth meter

If you want to feel bad but you’re feeling good, or if you want to feel good but you’re feeling bad, I have the perfect solution for you:

The CEO Wealth Meter

Today, Steve Ballmer is work almost $200 million more than yesterday. Google’s Eric Schmidt is up $150 mill or so too. That’s gotta be a downer if you, like most, have a $1500 mortgage payment due at the end of the month.

On the other hand, Michael Dell dropped $80 mill. That’s gotta suck. Larry Ellison of Oracle lost $40 million of net worth – nasty. Barry Diller of InterActiveCorp, on the other hand, lost just $2 mill – must be an amateur.

😉

[tags] ceo, wealth, money, john koetsier [/tags]

Why Apple left Cisco at the altar

When I read this post on Cisco’s blog explaining what’s going on with the iPhone name from their perspective, it’s completely obvious why Apple didn’t do the deal: Cisco wanted not just a licensing agreement or the sale of a trademark but a business relationship … in a sense, Cisco wanted in:

Fundamentally we wanted an open approach. We hoped our products could interoperate in the future. In our view, the network provides the basis to make this happen—it provides the foundation of innovation that allows converged devices to deliver the services that consumers want. Our goal was to take that to the next level by facilitating collaboration with Apple.

(I’ve bolded the most revealing sentence in Cisco’s blog post.)

Interoperability is something Apple is very reluctant to do unless there are extreme benefits (e.g., RIM-style push email via Yahoo, world’s-best search/maps via Google) to the end user (and Apple).

And it’s hard to see how a mobile phone relationship with Cisco could have realistically provided any substantive business benefits for Apple.

[tags] apple, iphone, cisco, trademark, IP, john koetsier [/tags]

Two ways Apple can avoid iPhone lawsuit payouts

apple-iphone.pngApple launched the iPhone without first clearing the intellectual property rights. That’s hubris of the first order. But there’s still two ways they can avoid paying legal fees in Cisco’s ensuing lawsuit.

  1. It’s not an iPhone, it’s an Apple iPhone
    See the image at the top right of this post? That’s new on Apple’s site as of today … it wasn’t there yesterday. Yesterday it was just iPhone … no Apple logo in front of the name. What Apple can claim is that the product is an Apple iPhone … not just an iPhone. As such, the iPhone trademark may not apply. Hrm …

  2. Yes we’ll pay, but not as much as you want
    Apple may just be dragging their feet on the contract … they’re willing to sign, but not at the price Cisco wants. So this may just be a tactic to reduce the price a little … maybe by the same amount as an extensive and long trademark defense court battle? Maybe …

But pay Apple will, of that there is no doubt. Either in licensing fees or legal.

[tags] iphone, trademark, apple, cisco, john koetsier [/tags]

web2.0 and the cost of production

This post is a follow-up to my recent web2.0 monetization post.

In order to make money in the web 2.0 world, you need to reduce the cost of product to almost zero. That’s because the means of web monetization are almost all very marginal.

(See my list in linked post above if you don’t agree. If you don’t – great! Share your secret.)

So how do you reduce your cost of product to almost zero? There are three ways I can think of:

  1. Outsource
    Get your infrastructure built cheaply, at least when starting up. India, China, Eastern Europe, developing Asia, whatever. Get it built cheap.

  2. Crowdsource
    Build something that increases in value as people use it and share it. (And, as should be obvious) build something that has enough value that people will use it even before other people have started using it.) Note that when I use the term crowdsource, I don’t mean use people to build your empire. I mean providing something with enough built-in utility that people will freely decide to use your services because your services meet a need they have.

  3. Automate
    Google has two huge assets: a great search platform and a great advertising platform. Both are almost completely automated … they run by themselves. Build something that runs by itself – the fabled perpetual motion machine – and find a way to make penny every cycle, and you’ve just built yourself a wealth engine. (Of course, it’s the almost completely part that some people forget.)
[tags] web2.0, monetization, startup, production, costs, entrepreneur, john koetsier [/tags]

Whose convenience, precisely?

I detest the theatres that want you to order your tickets online … and then charge you a “convenience fee.”

convenience.png

Whose convenience are we talking about? Obviously, not the theatre’s. Whose convenience should matter to the the theatre? Obviously, ours!

If offering online tickets really was convenient for the theater as well as being convenient for us the convenience “fee” would be a convenience “discount.” And yet we stand in long lines at the theater, waiting to pay, waiting to enter. Rather inconvenient, wouldn’t you say?

Tell me again why I shouldn’t wait for the DVD to come out.

. . .
. . .

As an afterthough, let’s not even talk about the miserable usability of a form that, although every price class is the same price class, still has three price classes. Intelligence abounds.

[tags] theater, convenience, fee, john koetsier [/tags]

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