Joel has some candid comments and thoughts on why working with Dell feels a bit like buying a used car. He also has some interesting thoughts on the notion of segmenting customers within a Web site.
Archive for 2006
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Tuesday, August 1st, 2006All the news that’s NOT fit to print…
Thursday, July 13th, 2006Many agree that blogging is really changing the face of journalism. One of the best things about journalists (especially columnists) who blog is that they now have an outlet to publish more content that isn’t necessarily appropriate for their regular column. I subscribe to an ESPN column by Bill Simmons (The SportsGuy) and I get immediate notification of when he publishes a new column or news-bite. That alone is pretty convenient.
But take The Orlando Sentinel’s ‘Taking Names’ column by Scott Maxwell. His blog gives him a place to talk about each day’s column and to share stories about the column that a reader would find interesting. His recent coverage of ‘Lynum-gate’ has given readers a chance to see how the column has evolved…and to learn more than the column could ever hope to reveal.
Want to see a good example of this? Check out one sports columnist’s case in point about Will Ferrell not always having a sense of humor!
How do you tell a customer from a click?
Saturday, July 1st, 2006Microsoft is asking this question in its campaign to win advertising dollars from Google. The campaign is built around a recent study by Web analytics specialist, WebSideStory. The study compares major search engines/portals where pay-per-click advertising is utilized. Surprisingly enough, Google comes in dead last among major search engines in terms of the percentage of conversions derived from its pay-per-click ads.
The possible explanations are pretty interesting. WebSideStory commentary on the study suggests that portals (where rich content and hand-holding are prevalent) appeal to a more purchase-hungry demographic. Google, on the other hand, is built upon a foundation of simplicity and speed; perhaps this audience is less inclined to buy. More likely, however, is the rising prevalence of click fraud: pay-per-click’s dirty little secret (which isn’t so secret anymore).
For those who don’t know about click fraud, check out the Wikipedia entry for a quick explanation. Mark Cuban has a pretty good take on how big the problem is becoming. Intuitively, my hunch is that Google takes the biggest hit from click fraud because of its size and reputation…almost the same way that Microsoft is the largest target for viruses/worms from would-be hackers. Apple fans have always bragged that they’re better at virus protection than Microsoft; not much of a claim, though, when the overwhelming majority of viruses are written for Windows–not MacOS.
What does all of this mean? Things are clearly heading toward the pay-per-acquisition model instead of the pay-per-click model. Google appears to be testing something along these lines that would limit click fraud severely. I have a hundred questions in terms of how this would be implemented, but I love the direction.
Subscribing to Web Pages
Thursday, June 22nd, 2006Many people still don’t know about RSS, a tool that lets one subscribe to updated Web pages or blogs. Brian offers some ideas on how to make RSS more mainstream. Seth Godin has some interesting comments about this. All of this was sparked by Steve Rubel’s list of “35 Ways You Can Use RSS Today.”
Information as an Incentive
Wednesday, June 21st, 2006For a customer, information is an incentive. An asset.
I received an email from Brooks Brothers today inviting me to visit the firm’s Web site to learn how to tie various tie knots. The presentation is well done. It’s built in Flash, is animated, and very user-friendly. It motivated me to go because I have always been curious about various tie knots. There was something in it for me…and the incremental cost to Brooks Brothers was virtually nil. I didn’t buy anything today, but perhaps I will in the future.
A marketer can use information to get a prospect to do something. I wonder why more marketers don’t use it more often.
Most ads I see focus on what’s in it for the company, not what’s in it for the customer. Take this week’s (6/26/06) issue of Time Magazine. I had it on my desk and picked it up to do a quick poll. Of the first twelve ads in the magazine (from Apple and Land Rover to Edward Jones and LG), all had Web site addresses. But the calls to action were about them, not me. One told me that the site would help me find their store (so I could give them my money). Another told me that the site would explain to me how well the product performs (so I could be convinced to give them my money). Several offered me the very exciting prospect of ‘learn[ing] more’ or ‘find[ing] out more’ (so I could give them my money, I’m sure).
LG, maker of HD televisions, would be better off offering me some sort of information. How about this: “Confused about HD? Please visit our Web site to download your free copy of Consumer Reports’ comparison report on different television projection types.”
Edward Jones, investment agency, would get a lot more mileage out of me with an information incentive. Perhaps something like this: “Curious about saving and investing? Log on to our site today to see the top 10 investing mistakes that baby boomers are making today.”
Creating and uploading this information costs nothing to these companies. Creating the impression that it’s ‘all about them’ (and not about me) does.
Netflix RSS
Friday, June 16th, 2006I’ve noticed recently that Netflix is using RSS feeds for a number of things. Most interestingly, the company is allowing customers to subscribe to new release announcements. It makes it easier for customers to stay active with their accounts–a sure issue for customer retention.
Many tend to assume that RSS is just for blogs. It’s important to remember that it can be used for a number of different applications beyond just blogs.
Common Question
Thursday, June 15th, 2006I get a very common question (or variance thereof) when I talk to people–especially businesspeople–about blogs: ‘why does anyone care about blogs’? Restated, ‘why would anyone want to read about some stranger’s vacation’? Restated again, ‘why would anyone ever care enough to read a blog about someone’s sick cat’?
My answer, in short, is another question: ‘why is America obsessed with reality television’? Perhaps it’s not an original parallel, but our society loves the trivial and true.
Somewhere in some broadcast board room years ago, some TV executive probably asked the question: ‘why would anyone ever want to want to watch a group of college grads living together in a random city’? Or, ‘why would anyone ever want to watch a group of strangers compete for an immunity idol on a deserted island’? I could go on but I won’t!
Agree or disagree with the parallel?
Google dominates Yahoo and MSN for market share
Thursday, June 1st, 2006Google has done something that has to have Steve Balmer and Bill Gates of Microsoft along with David Filo and Jerry Yang of Yahoo very frustrated. As of April 2006, Google accounts for 1 of every 2 searches performed in the United States according to Nielsen/Netratings. I have Google set as my default search engine at home and here in the office. The other interesting nugget Nielsen/Netratings shows is how frequently people are searching for major department stores through searches as opposed to just typing in the name in the address bar of their browser. Hopefully with Home Depot receiving more searches than Wal-Mart, it means people in the Gulf States are getting ready for today’s official start of Hurricane season.
Nike + iPod = ?
Tuesday, May 23rd, 2006Reuters is reporting that Nike and Apple are collaborating on a device to send wireless signals from your shoes to your ears…no, this isn’t a joke!
Walking through the Blogosphere
Tuesday, May 23rd, 2006Having trouble keeping up with my RSS feed-reading lately, but coming across some really great posts…
- Liz Dunn from Technorati makes a good point about why you should read both mainstream news and the blogosphere.
- Rob talks about the first mover versus copiers
- Josh tells us about all things RSS at Yahoo!