December 2009 Archive

A continuation on the predictions/educated guesses (see Part I)

• Burst of the free content bubble: Free content and access has been a bubble that is bursting as we speak.  More content will go behind walls with a resulting loss of web traffic.  This may not be a long-term solution, but because of the current competition between Google and Microsoft, content providers can access a revenue stream that makes sense for their brand and quality of content and does not solely depend on traffic figures.  Google vs. Microsoft war makes it possible for publishers to maneuver between the two and actually make money. Be ready for more protected content.

• True user centricity: User experience, more than ever, is about speed and user engagement.  Users expect immediate access even on a mobile platform.  Google’s blog recently had an interesting write-up on how important speed is to user experience; even minor slowdowns cause very high page abandonment.  Everything on a page will be sacrificed for speed.Prompts for immediate user input on the huge platforms (e.g. Twitter, Facebook, Google, Seesmic, etc…) have trained users to expect a similar experience across the web.  ‘What do you want?’ What are you doing?’ are the immediate and central questions.  Even brochure- like corporate sites will have to change their strategy to prioritize for these expectations.  Prompts of what users want will become central in favor of featured content and animation.
  Immediacy and engagement will be key to web experience more than ever.

We shall see what happens in 2010, see you then!

2010 should be an interesting year for developments in the digital and social media space because it has matured rapidly.  Realistic expectations are set.  The 3-digit Twitter growth rates are gone.  Social Media cannot overthrow entrenched repressive governments.  The hype has lessened, and we are farther along in understanding the role of digital and SM.

So here are some educated guesses/predictions for the upcoming year.  Please voice your feedback or add your own.

• Commoditization of services: Loyalty towards providers/publishers will erode for convenience.  The huge success of products like Seesmic (which allow you to use Facebook, Twitter, etc… from one dashboard) account for large amounts of activity and this is likely to grow.  So is it about Twitter or is it about status updates? Is it about Facebook or staying in touch with your network?  Is it about the actual iPhone or the apps?There are so many services and so much pressure to open the gates in order to stay competitive that it is the commodity services that work across platforms like Seesmic, similar dashboards, and app providers that will grow rapidly as a result.
  
  The service will become more important than the provider.

• Exclusive deals, not acquisitions: This goes back to an earlier post about the ‘Cold War’ between Microsoft and Google, and is rooted in content/service providers being able to play Google and Microsoft against one another.  Much like during the actual Cold War when various countries could go back and forth in their loyalties in order to get the best benefits and aid, in a similar way, publishers can forge relationships knowing they have options between the two.Because such conflicts are long-term, the publishers (e.g.. Yelp, Twitter, etc…) know they have time and are in no rush to sell off their complete sovereignty and would rather sign short term access deals to show revenue potential (precisely as Twitter has done recently). So therefore do not expect huge acquisitions.

Stay tuned for Part II…

Last month I had the privilege of taking part in a panel discussion at a Business Marketing Association breakfast in Chicago. The presentation was lead by Ray Villares from Symmetri Marketing – and the theme was the integration of search, social and mobile marketing. From a digital marketing perspective, this is really the holy trinity. Customers can now find you, and engage with you at anytime, from anywhere. Ray stated that mobile is the most intimate kind of communication – and I think that has some implications from a social media perspective. When a user is interacting with a brand via a mobile device, there is a real singularity of purpose in that moment. There aren’t 10 different windows open and programs running in the background. It’s just the two of you, and the soft glow of that tiny screen. Intimate indeed!

The opportunity is to take that relationship with the consumer to the next level. To provide something unique, something special. Maybe it’s a branded iPhone app. Maybe it’s the ability for a customer to text a keyword to enter a contest or receive product information. Maybe it’s the chance to submit a review of your product, service or establishment in nearly real-time. In any case, we have to ensure that the engagement is special. And at the very least – that our sites are optimized for mobile devices.

The biggest challenge is cutting through all the mobile noise. 100,000+ apps are available for download in iTunes, with thousands more for Android, Nokia, Windows Mobile, and Blackberry. And let’s not forget about the mobile web, text messages, and, oh yeah, phone calls. The most effective mobile marketing efforts seem to go beyond pure entertainment or gimmicks, and actually do something useful. I’m thinking of the AT&T “Mark the Spot” app and the Dunkin Run app. Both address a need in a unique way that can really only be offered by the companies themselves. So the questions to ask when considering mobile are 1) What can you offer your audience that no one else can, and 2) Does it make sense to explore mobile devices as a platform to address their unmet needs?

I’ll also add that I think marketers and communicators are going to have to start thinking about how to become a digital triple threat when it comes to search, social and mobile. Traditionally, these channels/platforms have been the domain of “specialists” (and I guess I’m one of them), but with the move to real-time, location-based engagement, these specialties represent the future of almost all digital interaction. This goes for advertising, PR, CRM, you name it. So how are you thinking about mobile when it comes to your 2010 marketing and communications strategy?