February 25, 2008

The "long tail" of the Oscars

The Oscars are a ratings dud. Nielsen Media Research says preliminary ratings for the 80th annual Academy Awards telecast are 14 percent lower than the least-watched ceremony ever. Nielsen said Monday that overnight ratings are also 21 percent lower than last year, when "The Departed" was named best picture. The least-watched Oscars ceremony ever was in 2003, when there were 33 million viewers. Nielsen has no estimate yet on how many people watched Sunday night, but based on ratings from the nation's biggest markets, the Oscars will be hard-pressed to avoid an ignominious record. The show had a 21.9 rating and 33 share.

Im not surprised. Two reasons:

First - The nominated films are not main stream entertainment anymore even though more people are watching more movies than ever before! Why? because the movies people are watching now are so fragmented and niche that one award show about a few nominees and a handful of actors is not relevant to them. The Oscars have seen better days as long-tail economics and niche entertainment becomes more prevalent.

Secondly - The ratings stunk because the production stunk! John Stewart was dying, the writing pathetic, the shows pacing awkward, the music drab and most of the winners were so self absorbed that they came prepared with absolutely nothing to say!!  What a embarrassment to the industry. The show was a complete dog. How many times are they going to seat Jack Nicolson in front of the audience just to bail out the host? The show needs to be more about movies than about the people who make them because the people who make them are boring! The Oscars should feature more movies in more genres and awards be given out to the end-product only. Leave the stars part of it but out of it. The Oscars need to be more relavant to more people and far more entertaining when presenting it. I think the show hit its peak with Billy Crystal and it will never be that great again. He knew how to deliver the Oscars! Bring him back and pay him as much as he wants to produce the Awards OR sell the show to cable and let it fade away to black. It’s not prime time faire anymore because there is better entertainment available that competes for primetime then the Oscars can deliver.

November 29, 2007

Social Network Mobile Marketing - 3 years off

I love how the mobile companies keep spinning their impending "Mobile Digital World Domination plot" every year and every year its the same. Honestly, I am a huge Mobile Marketing advocate and use my treo 700 in every way it was designed to be used but I just cannot recommend an aggressive Mobile strategy to any of my clients at this time. Sure, we'll design a SMS program or a Ring tone promotion but not Rich 2.0 Mobile Marketing and not certainly to Social Networks. Major Brands are having difficulty understanding and maximizing the digital marketing benefits of MySpace and Facebook as it is.

Let’s face it, Mobile Marketing has a very long way to go! By long I mean, in the digital world, three years. With that said, the carriers and the Social Networks haven’t made much progress in the last year but I suspect they will have a model and platform by 2010. Here are the headlines from last year and this year. In the meantime, I look forward to next years headlines!

LAST YEAR: If 2006 was the year of video, then 2007 will most likely be the year of mobile.

A lot of barriers still stand in the way (the carriers, compatibility across hundreds of devices), and it seems less likely that we’ll see the “YouTube of Mobile” - a startup that comes from nowhere to take the crown. Instead, we’re seeing launches like YouTube Mobile and MySpace Mobile - existing networks moving into the mobile domain. What’s more, the stats from M:Metrics show that European teens are far more mobile-savvy than their US counterparts when it comes to creating content and using social networks on mobile devices - this is one space where European entrepreneurs could get a head start.

THE YEAR: MySpace to Expand Mobile Offerings

The Internet unit of News Corp is in talks with all the U.S. wireless operators about featuring the mobile version of MySpace on their main data service menus or mobile phone decks.

Fox Interactive Media has launched a mobile version of MySpace.com, the most popular online teen hangout, and has an agreement to offer the service to customers of AT&T Inc, the biggest U.S. mobile service. But now, the company is "looking for other carriers to encourage their customers to use MySpace on their cell phones."

This comes as Facebook, YouTube, and other social networking services continue to broaden their cell phone-compatible services.

"We're having conversations with every carrier now about deck placement," Peter Levinsohn, president of Fox Interactive Media, told the Reuters Media Summit in New York.

"We think the mobile opportunity is significant," he said. "We know for sure there's a real strong demand for MySpace."


...OK


 

November 21, 2007

Is email old school and txt the future??

A flurry of blogs and news items on the Internet last week suggested that young Internet users are increasingly relying on instant messaging, texting, and social networking sites to communicate, often via mobile devices, and almost to the exclusion of e-mail.

One of those blogs, by Chad Lorenz at Slate, even asserted that "e-mail is looking obsolete," under the headline "The Death of E-Mail."

But the reality is much more complex. Some market reports and analysts predict that e-mail accounts will continue to grow as other messaging modes gain popularity and as use of the Internet expands globally.

And while teenagers under 18 appear to often eschew e-mail for social networks or IM, three college students under 21 said in interviews that they rely on e-mail as much as other modes of communication for complicated, lengthier or formal interactions, such as with professors, and with other students involved in group projects and other school work.

The college crowd

"I used IM a lot in high school, but my IM use decreased in college," said Matt Melymuka, a junior majoring in finance at Georgetown University in Washington. "I use e-mail a lot ... very frequently," he said, noting that he sends e-mail to professors about assignments and to other students involved in group projects for classes.

He estimated that the university sends about 10 broadcast e-mails every day on a range of subjects including public safety. "E-mail is the most formal and best means of communicating, definitely," he said.

However, Melymuka also declared himself a "pretty big" text messaging user, finding that sending text messages from his cell phone is more useful than e-mail for quick social interactions.

In similar fashion, Andy Tybus, a freshman majoring in mechanical engineering at the University of New Hampshire in Durham, said he checks e-mail at least three times a week to communicate with project group members and to monitor official messages from school officials. But Tybus also has a Facebook page that he checks daily for messages and a Treo wireless handheld that he uses to check and send e-mail.

Another UNH freshman, Ben Parker, who is studying music education, said he checks e-mail as many as three times a day to monitor changes in homework or ensemble rehearsals. The school's public safety officials also use e-mail to notify students about safety concerns. "A lot of students here use e-mail," he said. "You have to check it for classes and homework, so it's really important."

Still, Parker uses texting from his phone for quick message bursts about meeting others at a school concert, for example, and checks his Facebook page often to stay in touch with friends, he said.

The messaging habits of those three college students might contrast with younger Internet users, but they also support the premise that e-mail is not dead at all, one analyst said in an interview.

"E-mail is not dead. Just because newer methods are growing doesn't mean the old method of e-mail is dying. It's not a zero-sum game," said Alan Reiter, an analyst at Wireless Internet & Mobile Computing in Chevy Chase, Md.

Reiter sees the available modes of communication growing as the Internet grows, and sees younger users becoming savvy at several messaging modes, giving emphasis to one or the other depending on their age. Eventually, they will even adopt video messaging when the technology and pricing are within reach, he added. "We are really entering a multimedia communications age, and that means video," he said.

At least one market research company, Radicati Group in Palo Alto, Calif., supports what Reiter and others say: that e-mail is still growing despite growth in other messaging modes. Radicati said there are about 1.4 billion e-mail accounts globally and that number is expected to grow by about 200 million next year and by about 800 million in 2011.

Younger teens

One of the earliest studies of the messaging habits of young people was done in 2005 by the Pew Internet & American Life Project in Washington, showing that nearly half of 1,100 young people aged 12 to 17 preferred chatting via instant messaging to e-mail, according to phone surveys done in late 2004. Despite this trend, they said they still used e-mail more than instant messaging, and Pew has not done a comprehensive follow-up survey to track any changes.

However, one of the Pew study's authors, Amanda Lenhart, said in an e-mail interview that Pew has done a number of in-depth focus-group interviews since 2005 with the 12- to 17-year-old group showing that e-mail is still used by them for longer communication about subjects that are complex, while IM and text "are more like conversations, better for talking with peers." She said there is a "mix of individual preferences" that are partly determined by the type of communication device a teen is using.

In other words, Lenhart indicated that younger teens seem to be similar to other age groups in using messaging tools that fit the variety of their communications.

Some recent market analysis examines whether social networking communications might become a substitute for e-mail, which would be a major concern for Internet service providers running e-mail sites such as Hotmail and Yahoo mail. The Wall Street Journal recently reported that some Internet service providers are starting to incorporate social network functions into their e-mail systems to avoid losing network traffic, which is the basis of maintaining healthy banner advertising rates.

As recently as Nov. 6, Hitwise Intelligence in London noted that social networks are overtaking Web mail, at least in the U.K., by a thin margin. Hitwise said the top 25 social networks, which includes Facebook, Bebo and MySpace, accounted for 5.17 percent of all U.K. Internet visits by the end of September, compared with 4.98 percent for e-mail services such as Hotmail, Yahoo Mail, and Gmail.

"This confirms that social networks are starting to eat into the Web-based e-mail providers' dominance of the Internet messaging market," analyst Robin Goad wrote.

Analysts said they don't know of similar research in the U.S., but cellular service providers are "wising up to the new forms of communications," Reiter said. Although U.S. wireless operators took a long time compared with European operators to offer text messaging, they have been offering instant messaging options for several years. New QWERTY keypads and even the virtual keyboard on the iPhone have made typing and sometimes "thumbing" easy for users sending short IMs or longer e-mails, he noted.

In fact, mobile e-mail will be popular for some time even if the messages are very short, added Tole Hart, an analyst at Gartner Inc. That's partly because mobile e-mail can be readily recorded for long-term storage. Recently, carriers began to offer Facebook on wireless devices, including the BlackBerry, Reiter added. "E-mail isn't dying, but other forms are gaining in importance," he said.

And now, carriers are beginning to offer Facebook on wireless devices, including the BlackBerry, Reiter added. "E-mail isn't dying, but other forms are gaining in importance," he said.

November 15, 2007

I love a good Tech mashup: Online dating, video IM, Twitter and speed dating!

For the last year, I have been telling clients that "all the parts" are here now! There are thousands of great applications ready to license and integrate or the more informal term, "mash up" with each other. No need to build anything any more. We just launched a major project, an internal auction site for 14,000 Wrigley employees, that rivals ebay technology and integrated with a employee portal in less than a week and a half!

So, with that said, and on the bit more fun side, this is a tech mashup, but not for the shy and timid: Online dating, video IM, Twitter and speed dating! Better bring your "A" game guys! I got our invite to the closed alpha of WooMe. (thank you)  You sign up for a session - right now these are scheduled in the evening only - Pacific time.  Once your session begins you’re connected via video to another person - you have 60 seconds to make an impression. Once the minute is up - Boom, you’re automatically connected to another. Five in a row in five minutes. 

The UI is brilliantly simple:  a few keywords to inspire conversation…  some of her/his interests.  You can also give your impression of the person in ONE word.  For the most part only California surfer types are signed up - but the platform is interesting.  I can see this being applied to job fairs / recruiting events, even online networking events, without the cocktails…My tech pick and mash up of the week! 

wooing.jpg

November 05, 2007

More on Mobile Advertising but do users really want it on their cell phones?

I received so much flack last week from my last post about the slow adoption rate of Mobile Advertising that I had to write something more positive for my "Mobile Marketing" subscribers!  So today Google is bailing me out, sort of but I must tell you again, I'm still not sure consumers want ads served up on their Cell phones!  I wish somebody could clearly tell me the value proposition for the consumer?

I hope that Cell phone carriers will take a page from Satellite radio, TIVO or Internet radio and understand that people want to consume media and entertainment that does not disrupt the user experience with advertising that is not relevant or beneficial and are willing to pay for it NOT to occur!

The only way that Mobile marketing will be effective for todays brands is when us "Digital Marketers; know exactly who owns the phone and if they want advertising delivered and if so, what kind of promotional offers do they want to receive, for free, as a result. Folks, that data is not available! Nevertheless, Advertisers are ready to move ahead with cell phone ads – even if the consumers are wary of mobile marketing and the industry is still debating how to keep from alienating consumers with unwelcome pitches!

   

$11 billion

Revenue projected from cell phone ads by 2011.

 

$1.5 billion

Expected cell phone ad revenue in 2007, double this year

“Advertising has dominated the first two screens, television and the Internet. It's natural that the next screen of advertising monetization is going to be the mobile screen,” said Craig Hagopian, co-chief executive and president of V-Enable, the San Diego maker of a voice-activated directory assistance service for cell phones to be available early next year.

In 2007, cell phone ad revenue is expected to double to $1.5 billion, according to The Shosteck Group, a market research firm in Silver Spring, Md. Worldwide spending on cell phone advertising could reach more than $11 billion annually by 2011, London-based Informa Telecoms & Media predicted earlier this month.

Almost 90 percent of 50 brand-name companies surveyed earlier this year by London-based Airwide Solutions said they will advertise on cell phones by 2008. In five years, more than half of the companies expect to spend between 5 percent and 25 percent of their total marketing budgets on cell phone advertising.

To help this process along, Google announced today, it is developing a free cell phone software package so the Internet search leader can more easily peddle ads and services to people who are not in front of a PC. Here we go...

Google's software looms as a significant threat to other mobile operating systems made by Microsoft Corp., Research In Motion Ltd., Palm Inc. and Symbian, which is owned by Nokia Corp. and several other major phone makers.

Google will not be making the phones, nor does it plan to stamp its prized brand on the devices. Instead, it will work with four cell phone manufacturers who have agreed to use Google's programs in their handsets. Consumers will have to buy a new phone to get the Google software because the bundle was not made for existing handsets.

The announcement ended months of speculation about the Mountain View-based company's cellular ambitions, the first phones equipped with Google's so-called "software stack" still won't be available until the second half of 2008.

Engineers have been working on the software for three years, dating back to a Silicon Valley startup called Android Inc. that Google acquired in 2005. The mobile software still bears the Android name in acknowledgment of its heritage.

"This is going to bring the Internet into cell phones in a very cool way," promised Andy Rubin, an Android co-founder who is now Google's director of mobile platforms.

Because Google's software will be free, it could undercut rivals who charge handset makers to install their operating systems. It also promises to make smart phones less expensive since manufacturers won't have to pay for software.

Google's system will also be based on computer code that can be openly distributed among programmers. That, Google hopes, will encourage developers to create new applications and other software improvements that could spawn new uses for smart phones.

"This is a shot that is going to be heard around the world, but it's just the first shot in what is going to be a very protracted battle in the next frontier of the mobile Web," said Michael Gartenberg, a Jupiter Research vice president.

So far, Motorola Inc., Samsung Electronics Co., HTC and LG Electronics Inc. have agreed to use Google's software in some of their phones. Both Motorola and Samsung already buy Microsoft's Windows Mobile in some of their phones.

The list of wireless carriers that have agreed to provide service for the Google-powered phone in the United States include Sprint Nextel Corp. and Deutsche Telekom's T-Mobile in the United States. China Mobile, Telefonica in Spain and Telecom Italia are among the carriers that have signed on to provide service outside the United States.

They are among a Google-led group of 34 companies that have formed the Open Handset Alliance. Other key players include major chip makers like Intel Corp., Qualcomm Inc., Texas Instruments Inc., Broadcom Corp. and Nvidia Corp.

So lets come full circle...

Jane Zweig, chief executive of The Shosteck Group, said that it's important for advertisers to give cell phone users the chance to opt in – or out – of advertisements.

“We are very much in the early days in terms of successful deployments of ads on cell phones,” she said. “There is a lot of potential for mobile advertising. But how it will play out and how revenue distribution and revenue share play out are the big question marks. And no one has really figured out whether end users want this on their cell phones.”

Thank you Jane.

 

November 01, 2007

Mobile Advertising, Mobile entertainment...Mobile mobile mobile!! Ok, enough.

Mobile Advertising, Mobile entertainment...Mobile mobile mobile!! Ok, enough. I still don't see it and no matter what they say, Mobile Marketing is still not here. I know there are companies like Vibes  in Chicago doing great business, creating and managing Text messaging campaigns and they are growing by leaps and bounds but I have tell you that its not ready for the masses any time soon!

Let me tell you a story. My wife and daughter and I were at that Chicago Jazz festival. We always like to attend and sit on the lawn and listen to great music by great performers along with 30,000 of our closest friends. During the performance they ran a Text messaging promotion that asked patrons to text into a game that asked 3 Jazz related questions and if you answered them correctly you would win a complete Jazz festival wardrobe, Hat T-shirt etc.. However, and this is key, there were only 3 top prizes awarded each night. So being the Techno/Jazz geek I am, I said lets do it and lets ALL try on ALL our phones to insure that one of us might win. So throughout the course of the evening we all answered each trivia question (with my help) and waited to see if one of us won. Well, no only did one of us win, all THREE of us won the only three prizes that were awarded that night. After a good laugh at all the T-shirts we won that we didn't need, we went to collect our swag. I thought there was a mistake and would be others certainly won but NO - the promotion people confessed that nobody was really participating at all in the TXT promotion they had run all weekend. In fact, they weren't surprised at all that all three of us won! Now I understand a Jazz festival is far different then Lollapalooza or the Warped tour but the promotion should have had more traction then it did. Bottom line is that I don't think people want to their phones violated by Madison avenue.I'm not sure I want to receive Ads on my cell phone and I'm not sure I want to advise my clients on it.

Now with all that said, I believe wireless marketing is inevitable and when it arrives it will be huge! My friend Ken Rutkowski of www.KenRadio.com  offers an extremely compelling report and it is so important that I am "Mashing it" with this Blog today. I would highly recommend that you subscribe to Kens site and reports. He is extremely knowledgeable and a terrific speaker. His report is as follows:

Opportunities for Mobile Advertising
85% of Adults own a mobile phone, compared with 71% who have a landline or home phone - and 63% of mobile phone owners agreed that their phone is very personal to them, according to a poll conducted by Harris Interactive. 30% of mobile phone owners recall seeing or hearing an advertisement on their mobile phone in the past year, suggesting that a dominant advertising model to reach the growing demographic of mobile phone users has yet to emerge.
                                 
* Regarding the kind of m
obile ads they find acceptable, respondents were most favorably disposed toward sponsored text links that appear as a result of internet searches (26%).

                                 

* Close behind were audio ads that play instead of ringing when waiting for someone to answer a call (21%), and a text message from a company (20%).

                                 

* Among those who have ever called 411 from their mobile phones, commercial (74%) and restaurant (72%) phone and address listings are the most frequently sought-after types of information.

                                 

* When asked about their current and anticipated cell phone use, about half of mobile phone owners (49%) said they are already using their phones for more than just calls, including sending and receiving text messages (36%), and taking, sending and receiving photos (24%).

                                 

An inherent difference between the mobile and PC environments is that mobile searchers want to find information and then immediately act on it. The mobile environment lets advertisers reach consumers at the point of decision, and an advertising model that connects the two when intent is at its highest will do for mobile what clicks did for the web.

                                 

* Younger adults are significantly more likely than their older counterparts to own a mobile phone than a landline: among those 18-34, 89% own a cell phone or smart phone, but only 57% have a landline.

                                 

* Younger mobile phone owners are considerably more likely to use their phones for more than just phone calls (74% of adults ages 18-34 versus 20% of those ages 55 and up)

                                 

* Men are more likely than women to use their phones to check email, access the internet for something other than search and download, and find information using a search engine.

                                 

* 57% mobile phone owners anticipate using their phones for more than just making and receiving phone calls over the next three years

                                 

* Younger mobile phone owners more likely than their older counterparts (75% of those ages 18-34 versus 33% of those ages 55 and up)

                                 

IQ Report

                                 

According to the study, cell phone users are demonstrating unique attitudes and behaviors toward their cell phones, including a feeling of a personal connection with their cell phones; adoption of mobile services outside of calling; a predilection for text vs. email; a movement from landlines to cell phones; and openness to mobile advertising.

                                 

* In addition to 63% of mobile phone users who agree that their phones are very personal to them, 44% also say their phones have strengthened their personal relationships.

                                 

* Women are more likely than men to say so - 66% vs. 60%

                                 

* Younger mobile phone owners are especially likely to feel that their phones have strengthened their personal relationships - 60% of those 18-34 vs. 37% of those ages 35+.

                                 

* Women are more likely than men to admit that when their mobile phone rings they drop everything to answer it - 39% vs. 33% men.

                                 

* Men, on the other hand, are more likely than women to agree that their phones have made them too accessible - 55% vs. 50%.

                                 

* Women are more likely than men to now use their phones to send or receive text messages (38% vs. 33%), and to take/send/receive photos (27% vs. 21%).

                                 

* Men are more likely than women to use their phones to check email (12% vs. 7%), access the Internet for something other than search and download (11% vs. 5%), and find information using an internet search engine (9% vs. 6%).

October 31, 2007

What can website demos do for your company?

Website demos are the next significant development in the evolution of professional online self-service. Think about how many times you’ve been on a website with no idea of where to go, what to do or how to get anywhere in the site? Drop-downs, roll-overs, submenus, search bars, pop-ups, banner ads, scrolling bars all add to the confusion!  Believe it or not, the internet and navigating a website is still foreign to many professionals and consumers alike.

A webdemo provides a fast and efficient way for companies to demonstrate just how to use the website, its value to the customer and help direct a user to create a certain action. A webdemo is viewable from any computer, anywhere. No need to install an application. Just launch your browser and watch the show. Unlike a video webcast, webdemos demonstrate the value of a website, product or service. webdemos, webmercials or webtutors can target various users such as customers, prospects or field agents.

Still don't understand? Let me show you the Demos that Networks has done recently. These Demos are highly produced with full motion, professional voice over and a compelling soundtrack to keep it moving!!

To view Web demos we've produced; click  http://www.ntwks.com/webdemo.html

What can website demos do for your company?    

  1. Promote and Explain Features and Benefits of Your Site
    Demos are the ideal solution when you want to draw attention to certain areas of your website or explain how to do something.
   
  1. Improve the Customer Experience
    The conversational and helpful nature of our demos will engage your customers and make them more comfortable with your site.
   
  1. Reduce Customer Service Costs with Online Self-Service
    Demos are proactive tools that empower customers to help themselves before they call or email your customer service team.
   
  1. Convert Casual Users into Subscribing or Registered Members
    Demos help you quickly illustrate the value of sitemembership.
   

Distribution  is Key

Demos are a cost-effective and innovative way to promote site features and benefits, improve the customer experience and reduce costs by providing online self-service. Here’s a partial list of distribution options to ensure that your web demos reach the widest possible audience:    

  • Website       (homepage, help section, dedicated demo center, product detail pages)
  • Include       demo links in newsletters and other marketing emails
  • Help       buyers track their orders with demos in confirmation emails
  • Direct       mail with demo CD collateral
  • Embed       links within email signatures
  • Internal       product education and sales training

Lets us help build a Web demo for your site or service -

Just call me, toll free -  Mark Wilhelms at Networks 1-877- Siteability – 1-877-749-3224 


October 25, 2007

Another Tech bubble is coming and its real this time.

Today, Microsoft paid $240 million for a 1.6 percent stake in Facebook which creates an appraisal value for the 3 1/2-year-old Internet hangout at $15 billion! Thats 500 times Facebooks annual revenues of $30 million dollars. Now, keep in mind $240 million to Microsoft is like a couple of hundred dollar bills to you and I. Microsofts weekly cashflow is way more than $240 million and they can spend it like we buy a round of drinks down at Jillys on Rush. Nevertheless, its a 500 times revenue evaluation!

This is significant for several reasons:

1) It demonstrates just how badly the world's largest software maker wants to deepen its relationship with a startup.

2) It represents and further validates Social Networks and the importance it will play in brand marketing and consumer behavior in the future.

3) Microsoft finally trumped Google after losing previous high-stakes bidding battles involving a stake in AOL and ownership of online video sharing pioneer YouTube and Internet ad service DoubleClick Inc.

This feels an awful lot like the last bubble. There is clearly a pattern evolving and we are going to see much more of it. The difference is that unlike the tech bubble of 2000, which I experienced first hand, the startups of today have real business models with real revenues and real management to grow the business.

To illustrate this new bubble, remember in 2005, News Corp. paid $580 million for outright ownership of MySpace.com, the only social network larger than Facebook! With this investment, Microsoft established Facebook's current market value at $15 billion less than four years after Mark Zuckerberg started the Web site in his Harvard University dorm room.

I love it. Just like the old days, only better and real, for once. As a final note, I don't think Mark Zuckerberg can fully appreciate the position he is in right now and the significance of his deal since he was only 12 years old during the last bubble. I'm sure he doesnt care much either. God bless America and God bless the American Entrepreneur.

October 24, 2007

Some of the best things in Internet life are free!

Like most of us who care about the rest of the world, I've been watching the devastating wildfires in California and cannot fathom the loss of not only natural habitat for animals and natural beauty but the vast destruction of private homes and property. As much as I like to spend time looking at new and fun applications and opportunity in web technology, there are also some very practical uses that don’t get nearly get enough attention and ought to!

I wonder if the 1300 plus odd home owners who have lost their homes thus far have the proper insurance to cover their loss? Do they have home inventories? Do any of us really have a solid inventory of all our household possessions and if we do, how do we store it? How do we update it easily? And how do we prevent it from getting stolen, burned up or damaged in a flood?

The most helpful tool I have found to manage household inventory is at KnowYourStuff.org KnowYourStuff.org is where you can download the Insurance Information Institute (I.I.I.) new home inventory software for free!

This software makes creating a home inventory fun and easy. Once you have completed your inventory, it is easy to keep your information up to date

Enter the III! The mission of the Insurance Information Institute (I.I.I.) is to improve public understanding of insurance -- what it does and how it works.

For more than 40 years, the I.I.I. has provided definitive insurance information. Today, the I.I.I. is recognized by the media, governments, regulatory organizations, universities and the public as a primary source of information, analysis and referral concerning insurance.

Each year, the I.I.I. works on more than 3,700 news stories, handles more than 6,000 requests for information and answers nearly 50,000 questions from consumers.

In addition to direct contact with the media, individuals and organizations, the I.I.I. publishes a host of helpful pamphlets and books ranging in subjects from 9 Ways to Lower Your Auto Insurance Costs to the I.I.I. Fact Book. The Institute does not lobby. Its central function is to provide accurate and timely information on insurance subjects. Questions concerning I.I.I. membership should be emailed to members@iii.org.

 
The Know your stuff software has the following features:

 
Creating a New Inventory

When you start the program for the first time, you should click on the "new" button on the upper left hand corner of the screen.

 
The Wizard

The set-up wizard will then ask you a series of questions, including the names of the rooms in your house.

 
Adding Items

Now that you have setup your home, you can begin to add items to your home inventory room by room. On the left hand side of your screen you will see a list of rooms. First, click on the room where you would like to add an item and then click on the "+ item" button on the left hand corner of your screen. When you make a significant purchase, add the information to your inventory while the details are fresh in your mind.

 
Adding Photographs / Receipts

When you add an item to the room, you will see an upload option for pictures and receipts. For photographs, you can use images taken with your digital camera. If you don't have a digital camera, you can scan print photographs into your computer or you can save the photos with a copy of your home inventory report. The same goes for receipts.

 
Printing Your Report

There are a number of report options available to you if you want to print a report of your home inventory. Click on the "print" button on the upper left hand corner of your screen.

 
Storing Your Project

Keep your inventory along with receipts in your safe deposit box or at a friend's or relatives home. That way you’ll be sure to have something to give your insurance representative if your home is damaged or destroyed. For detailed information on where to store your project

 
So, while it may be too late for the unfortunate people in Malibu to inventory everything, we can all learn a lesson and use the marvelous freeware that the internet provides us all! KnowYourStuff.org is only one of many!  

October 23, 2007

Social Media's Marketing Impact and Opportunity!

Many companies think of the internet like television: consumers are expected to sit patiently and absorb the branded message, and then act accordingly. Now, with the rise of Web 2.0, the internet is much more than a broadcast channel. With the ever-increasing social use of the web, websites are becoming venues for discussion of ideas, opinions and transactions. Social networking is the framework in which these conversations happen. Our challenge as digital marketers is to leverage the power of these new social networks to create innovative brand experiences.

We have been working on a customer acquisition promotion involving Social Networks, namely MySpace and Facebook. One can find many brands offering promotions and coupons to drive traffic such as Chilies and TGI Fridays. Our client will drive new customers to retail service centers as well. The challenge we are having is that while it may be interesting to utilize SN’s as a vehicle to drive traffic it is also very time consuming and expensive for a Client to do so.  We’re experimenting now and understanding what can and should not be done when branding on Social Networks.

For instance, whether to allow customers to create their own messages around products or services is the first important questions when starting a SN Program because if you’re successful, you will get feedback, lots of it!  This feedback may not be what you will want to read. Chevrolet recently created a tool enabling users to build their own commercial, resulting in a highly successful viral marketing campaign.  However, there are risks-- as brand managers no longer control the content, the brand is out in the wild. During the recent Chevy campaign, for example, environmental activists created negative ads.

On the other hand, user-generated content enables a firm to leverage marketing's best tool: a satisfied and loyal customer. Social networking “Greases the wheels” of consumer reviews by emphasizing the ratings and reviews that users care most about-- those from their friends in the networks. Therein lies the gold!

Social Networking sites will enlist 230 million active members by the end of the year and will keep attracting new users until at least 2009, according to an analyst report. Revenues from social-networking services will hit $965 million this year, swelling to $2.4 billion by 2012. Growth in the membership of social-networking sites varies dramatically by region, Asia Pacific will account for 35% of global social networking users by the end of this year, followed by Europe, the Middle East and Africa with 28%, North America 25, and the Caribbean and Latin America 12%. Parks Associates found that 80% of broadband users aged 18-25 use social networking sites on a monthly basis.

72% of social networking users would stop using a site if they were required to pay a monthly fee of as little as $2. Advertising looks like the obvious alternative, but the research suggests that nearly 40% of respondents would stop visiting a social networking site if it contained too many ads.

Social networking is not going away and corporate brands and services will have to contend and blend Social Network Marketing Tactics into their Marketing/Media mix. This will be expensive and firms will emerge as experts in the area. Social Network Marketing in some way, is the ultimate consumer touch point but will require "Brand honesty", Corporate and Environmental responsibility and thorough and sincere consumer dialog and feedback to be effective.

The Future of Fun


Via BuzzFeed
Powered by TypePad