Future of Mobile Marketing Looks Bright

Mobile marketing has changed a lot in the past couple of years. Geo-targeting uses your smart phone’s GPS to find out where you are, allows you to “check in” to a location, and deliver targeted messages to you based on that information.

Leaders in the geo-targeting space include Foursquare, Gowalla, and Loopt (plus LooptStar). They are similar in many ways, but each offers a different twist on an increasingly familiar theme. They enable local businesses to find and attract consumers in new ways, such as offering coupons or special offers to regulars based on how many times they’ve come in. Like many start-ups, none have mastered the monetization aspect of mobile marketing, but there are clearly endless opportunities here.

In order to give people incentive to use the apps, various forms of social “rewards” are used that essentially turn exploring your city into a game. We are social creatures, and while some of these rewards may seem meaningless or frivolous, there is an attraction to them as they create an element of social status within communities. A large part of the appeal to people in large cities with lots of friends is to make sure you never miss the action, but I believe the jury is still out as to the real social value of this once the initial allure wears off a bit.

While this isn’t intended to be an in-depth review, I’ll discuss some interesting distinctions of each:

Foursquare – I’ve been on Foursquare for about a year now. It’s been amazing to watch the database of local places grow since it depended on the community to enter locations. Now it’s rare that I go somewhere that isn’t already there. The person who frequents a location the most becomes the “mayor” and some establishments give benefits for that position. You collect virtual badges for achieving certain things, like being in a place with at least 50 other people (Swarm) or hitting 4 clubs in one night (Crunked). You get the idea. Foursquare made a gamble by creating a new database of locations and friends, but it seems to have paid off. The most compelling thing about this is the special offers that are based on your location. When you check in somewhere, the app will tell you if there is a nearby special, or one at the place you are (a free drink for 10 check-ins for example). While Foursquare has exploded in the past year, I haven’t seen a congruent explosion of the specials offered by businesses.

headerLogo1 Future of Mobile Marketing Looks Bright

LooptStar is a spinoff of Loopt, which was historically a more informational type of app. Their new entry enters the “rewards” space more heavily. The thing that LooptStar does that I believe will give it an advantage is use Facebook Connect to leverage the largest existing social network rather than wait for everyone to find their friends on yet another new one. They were later to the game, but I believe this will give them an edge in the long run. In LooptStar you become a “boss” rather than a “mayor.” But the rewards look to be more tangible than FourSquare.

product star logo1 Future of Mobile Marketing Looks Bright

Gowalla benefits from being on all major mobile smart platforms, including Blackberry and Palm. They also rely on partnerships with existing travel-related services to offer “trips” and share those with your friends. While Foursquare provides community tips based on your location, Gowalla focuses more on directly exploring your friends’ favorite locations to learn more about what they like rather than the community at large.

Picture 181 Future of Mobile Marketing Looks Bright

All of these apps feature basic sharing with your Twitter and Facebook feeds to let people know what you’re up to. Yelp has entered the space by adding check-in to its feature set and you can bet that Google is going to be all over this with its massive business database and Android mobile platform. The problem these sites have is that they have established brand and culture that make it harder to break into new areas.

While this space is fascinating to watch, it still has a long way to go. The apps depend largely upon smart phones such as iPhone and Android, which represent the minority of the mobile market. Also, I feel that any app that requires you to actively check in to a location rather than simply knowing where you are is going to appeal more to geeks and early adopters than the majority of people. It can be very distracting to interrupt your social experience. “Wait guys… I have to check in here first…”

What’s the alternative? Remember Minority Report, when Tom Cruise’s retinas were scanned everywhere he went? In that version of the future, you didn’t even need a device to tell the network where you were. Cameras were so ubiquitous that they knew anyway. Scary? A bit. Possible? You bet.

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How Can Google Help Your Business?

How do you Google? Chances are you start most of your Internet research at Google.com. You might also have a Gmail account or use Google Calendar to manage your life. And it’s a safe bet you’ve used Google maps and have your own opinion about the street view trucks making sure everyone can see your house. But there is much more to Google than meets the eye.

Google is many things to millions of people. What started as an innovative way to search the Web back in 1998 has grown into one of the world’s largest and most successful companies, now delivering results for more than one billion searches every day using its highly guarded secret sauce. Put simply, Google is what makes the Web usable.

Recently Google has taken great strides to integrate its numerous products and services into a suite of business applications called Google Apps, which can help you with corporate email, shared calendars and documents, groups, websites, and video.

google apps2 How Can Google Help Your Business?

The services are all Web-based, which means you don’t have to worry about servers, maintenance, etc. Just make sure you have a Web connection, get through the basic set-up, and you’re good to go. All the services are seamlessly integrated with each other at a fixed low per-user cost. Google even provides a handy cost savings calculator if you’re using Lotus or Exchange.

As much value as the Business Apps give you, Google’s free apps can deliver even more value. I encourage you to look into:

  • Google Analytics to see how your Web site traffic is doing to improve marketing strategy
  • Google Alerts to have industry or brand-related articles and comments delivered right to your inbox
  • Google Reader to keep all of your blogs and RSS feeds in one place

Picture 13 How Can Google Help Your Business?

While Google’s unofficial slogan has emerged as “Don’t be evil,” prominent tech leaders such as Steve Jobs have publicly objected to Google’s claims of holistic do-gooding. Let’s face it, Google is still an enormous company with responsibility to its shareholders. Good and money don’t always line up conveniently in that model, despite the best intentions.

Google continues to face challengers in the search space, such as Facebook, especially as social media continues to fundamentally change the way people access the Web and search for information. More and more people would rather get answers from people they know than the search giant. But stay tuned — Google may just master social search yet.

Keep your eyes open for Google’s latest experiment to revolutionize the way American’s access the Web with the fiber-to-the-home network.

Let me know if you have any questions about Google for Business or increasing your search rankings!

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Facebook Lets the Cohen out of the bag

Last week I was attempting to surprise my girlfriend by taking her to see Leonard Cohen in concert. At some point I must have RSVP’ed to the event on Facebook, as you can see from the screenshot she saw on her Facebook page the day before the show. Facebook invited her to the show by telling her that I was attending! Since I had told her to block off the night, it wasn’t too hard to put it together. (Well, that and the fact that I made her listen to Leonard Cohen songs all week. :)

This reminds me a bit of the Beacon advertising disaster Facebook tried launching a couple of years ago.

Lesson: If you are trying to surprise someone, don’t tell the biggest gossip hound on the planet — Facebook!

Picture 182 Facebook Lets the Cohen out of the bag

Reporting From Second Life

If you’re curious about journalism entering the virtual age, this is worth a watch:

Try Digg.com for URL Shortening

There has been a lot of discussion recently about URL shorteners, which have exploded in popularity due to the limited character count in Twitter (140 characters). Rather than wasting precious message space sharing a long URL, turn it into a small one that redirects people to the proper place.

TinyURL was the most prominent one initially, but many have sprung up, each offering various services and features. The allure is being able to track the specific URL that you created, which means that you can track your social influence by seeing who passes on your version of the particular link.

Bit.ly is one that does a good job of providing metrics and analysis to help you figure out where your link has travelled, but Digg.com is getting into the game. They have devised an elegant approach where you simply put a URL after “http://digg.com/” and it automatically turns it into a shortened URL, displays the site you linked, and a toolbar across the top with more options. Try it out:

http://digg.com/astekblog.com

URL shortening doesn’t come without implications for the structure of hyperlinks, which still rule the Web roost. Adding one more layer of interpretation has the potential to slow things down, cause more errors, or just complicate the system. Additionally, you should be aware that search engines place a substantial amount of weight on the keywords that you have in your URL, so if you are relying on inbound links (and who doesn’t?), it’s worth considering that search engines will not count these shortened URL’s in the same way as the permalinks you’ve worked so hard to optimize. For example, notice the category and title keywords in the URL for this blog:

http://www.astekblog.com/index.php/marketing/try-diggcom-for-url-shortening/

I see URL status moving in two directions, which should each be considered and used appropriately. 1) Permalinks (links that search engines see and won’t change like the one above) will continue to be essential in creating and classifying content on web sites. We will use search engines to reach these links. 2) In the social sharing world, shortened URL’s will gain more popularity as people start tracking their individual influence. It’s natural for Digg to get on this bandwagon since the entire point of Digg was to give people credit for “digging” URL’s, sharing them and gaining notoriety for finding cool things. Perhaps one or the other will win out. If it’s the latter, then sites will need to start building this social tracking capability directly into the permalinks themselves, which must be short enough to share.

It’s not going to take long for monetization to enter this game, where people receive more than social currency for initiating a link chain. One’s social network will become an even more valuable tool as advertisers begin to see the value of tracking recommendations amongst individual people. These recommendations will be more directly attributed to sales, which gives companies incentives to offer cash compensation or commissions to people who did the referring.

What’s Your Personal Message Space Worth?

I’m seeing more “free” offers come through friends feeds, such as on Twitter. I even participated in one, as an experiment. As always I encourage people to do whatever they want with Twitter, but we must consider the value of the collective attention spans we attract. The more people we reach see ads from you, the less they will value what you have to say. The number of ads you present is inversely proportional to the likelihood they will choose to continue hearing what you have to say.

We all now have the power to control what we hear and when we hear it, and that’s what’s new.

Now, the ads I’m seeing in particular on Twitter are for Macheist: I bought the @MacHeist 3 Bundle. 12 Top Mac apps worth $900+ for just $39 AND I just got Delicious Library 2 FREE! http://mhtweet.com/uQ1gyd

I happen to be someone who would be interested in this ad, as Macheist is a great program, but I’m torn. I know that many of the people who follow me wouldn’t be interested and would therefore just read it as a message I was passing on, however even less personal and constructive than a retweet. The social stream starts to feel more like a traditional ad campaign or SPAM in this context. Only now I have to weigh other factors such as personal trust. I know that the people I know will keep it to a minimum, and if they don’t, I (and others) will decide whether or not to keep listening.

In a world where the consumer gets to create and control his media, products and services must simply be good to survive. What’s interesting is that as more of my friends participate in promotions like the one above (three so far), the more compelled I feel to participate. This is for two reasons. One, I know that I won’t annoy them by sending it back, and in fact will reinforce their decisions to post. Two, some of this just boils down to basic peer pressure. If ten of my friends get something for free that I want, do I really want to be left out?

Having said that, I’m a huge believer in the power of word of mouth marketing, and this certainly falls into that category. It’s just a little more blatant than someone sharing that they enjoyed using a product. In this case, I’m not even sure my friends have used the product yet at all, which is why it feels less credible. I do appreciate the transparency of the message. It’s very clear where it came from, why it came to me, and what I could get out of it, which makes for a quicker assessment of value.

Twitter Makes No Money

I think it surprises most people to learn that Twitter (and Facebook for that matter) are not profitable enterprises. It takes more than extreme growth and steady usage to make money, as explained in this post urging us not to forget lessons learned from the dot-com bubble bursting. Personally I feel that there are opportunities to monetize Twitter than haven’t been full explored. There is money to be made in the spin-off apps such as Twitterrific, which syndicates ads from The Deck in order to provide a free version.

The problem is an antiquated method of procuring profit from eyeballs. Many of the tactics that used to work simply don’t fly in the social media world. I’m not against making money, trust me, but we need to get more creative about it. Word of mouth marketing exists on Twitter. I have purchased a few items that I can trace to friendly tweets. But no one from those companies knows it.

twitter money2 Twitter Makes No Money

We’re Going to Have to Pay For Our News

And it’s a good thing. Since the newspaper industry, much like the music industry, resisted the Internet rather than embracing it, they shot themselves in the foot. Rather than proactively identifying opportunities they missed the boat entirely and are now suffering badly. Reminds me a bit of how Kodak could have OWNED digital photography if they had a bit of vision a few years ago. Instead they are playing catch-up, too.

In the newspaper’s race to play catch-up, they started giving it all away for free since that was the culture. We all grew up on a free Internet (I even remember when we used to think there would be no ads. HA) and that is being threatened in various ways.

The opportunity now is for newspaper’s to collectively demonstrate their worth by asking people to pay for the content they provide. Everything business has to do this, they have just been around so long they took their status and distribution model for granted.

I’ve been a little hard on mainstream media and probably sound like I want social media (blogs, etc.) to replace it. That’s not quite right. I believe they are complementary and both necessary. We need in-depth reporting and someone who can afford to put a correspondent in Iraq. We also need citizen journalists who are not influenced as directly by big business.

Here is a good explanation of why media must charge for web content. I think the key to pricing lies in micropayments, which use new technology to charge a very small amount of money (cents not dollars) for each piece of material you consume rather than paying full price for a newspaper you only read part of anyway. We just need to find a way to make it work on a small, local level.

Read this great article describing some real world ramifications of a future without mainstream journalism from The Atlantic. Kinda scary.

How to Write, Publish, and Market Your Book in a Web 2.0 World — No Really

:)

Super Bowl Ads Without URLs

A particularly great game this year, though I felt that the commercials were lacking. The word “sleazy” was used by some party-goers to describe the GoDaddy ads, but the ends have always seemed to justify the means for Bob Parsons. The Doritos snow globe ad was entertaining and Audi was fun.

What makes the ads really fun is dollar betting. At the beginning of each commercial break, we’ll each throw down a buck and guess what type of ad will come up first (soda, beer, car, etc.). Side bets are common, and at one point someone started betting that there would or wouldn’t be a web site listed in the ad. I was intrigued and took a few of these bets.

I wasn’t as sensitive to it before, but this revealed quite plainly how many large non-dotcom companies didn’t list their web site on the final “info screen” of the commercial. Three that stood out were Toyota, Budweiser, Audi, and Heineken. I’m not alone. Regarding the Audi ad, Michael Lebowitz of Forbes said, “Jason Statham is a good choice. Funny, but doesn’t rely completely on gags. A solid spot, but where’s the URL? Am I going to be asking that all night long? It’s 2009, right?”

My interpretation of this is optimistically to believe that it wasn’t simply a gross oversight from these companies, but that they have determined that people find them through search engines. Certainly with well-known brands like these, the appropriate web site comes up immediately through a Google search.

But at the end of the day, putting your web site URL on as much of your marketing material as possible is the best bet. People have come to expect it, and to an extent are comforted by it. Every ad has a final page of info to leave a lingering impression, or reinforce existing impressions. So why not take up a small piece of this valuable real estate to point people to your web site? Even if they are right about people using search engines to find them (or I’m right about giving them the benefit of the doubt), is it ever worth losing the minority of people who aren’t?

Consider especially that these ads will be posts to thousands, if not millions, of web sites as embedded YouTube videos. The more info about your company that you can put in the video itself the better since all the other pieces might not make their way to the viewed web site.

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