The next big thing

The next big wave of innovation just may be co-ordination services.

When you think about it, the web has given us huge amounts of data at our fingertips, but created the problem of dealing with all the options we have. Usually we want only a very few options from which to make a choice, the more tailored those options are to our needs, the better, but we are now being deluged.

Think about the co-ordination of travel needs of inner city residents and transport. Often they do not need a car much, but when they do, a standard rental is not always convenient. Enter Zipcar. Travel planning is made easier by the on line room booking systems, AirBnB co-ordinates those plans with the needs of owners of non hotel facilities that people may like, and a bit of extra cash. The list goes on.

The current “scandal” of horsemeat in Findus products in Europe, and the Jindi cheese Listeria recall in Australia highlight the frailties of food safety sensative supply chains. We have the cpability to make the whole chain absolutely transparent, every product traceable, and if we used it, the problems would be gone. The challenge is the collection, analysis and delivery of the data, co-ordinated with the need for the data.

Co-ordinating and organising all this data, seamlessly, instantly, across all your devices and locations should be a fertile field of innovation. 

Facebook cracks the monetisation code

The value of Facebook has tanked since the IPO last year, largely because after the hype, people wondered how the returns would be delivered when the obvious source, advertising, does not really work on Facebook. 

However, Facebook is in the throes of launching an extensively re-engineered search facility, “Graph Search“. This facility will enable placement of extremely focused advertising in situations where the search being conducted is for things other than friendly e-conversation. This change potentially removes the barrier to successful adverting on Facebook, the disinterest in anything commercial when interacting with friends.

This Wired article on Graph Search offers detail, but essentially, the new search facility reflects peoples networks as a graph, or network chart, and the search capability can interrogate the network, and answer questions, with extensive auto-complete suggestions based on your previous activity.

Google cannot get at the data held by Facebook, that is a huge resource of people, networks, preferences, links, and reviews  that can now be leveraged in searches conducted from within the Facebook community.

Similarly, the power of Linkedin is the connections between people and their work. Want to see who is connected to someone at a competitor, supplier, potential customer, and so on? now Facebook will be able to do it, perhaps better than Linkedin, particularly for the under 35’s.

An underutilised aspect of Twitter is the search capability, when used well, it is an enormously valuable addition to a Google search, and contains links that enable a deeper dive from any starting point in a topic. Other services like Pinterest also now chase the available advertising dollars, making media choices a complex nightmare.

Graph Search makes the battle for on line advertising even more interesting, and will add some extra lead into the saddlebags of newspapers as they try to monetarise their offerings. News Corp is in the middle of splitting their operations, separating newspaper film and television assets globally, restructuring to enhance revenue generation options, already having paywalls in place for their newspapers.  Fairfax is expected to introduce some level of paywall sometime in the next few months in an effort to stem the bleeding.

As the search capabilities improve, and paywalls emerge, the attraction of  free sources of information will increase, with the minor irritation of the presence of advertising. Facebook now appears to not only to be in a position to cash in on their huge network, but to potentially extensively disrupt the current web and remaining legacy media advertising options.

3 simple Powerpoint tips for Christmas

 Everybody, well almost everybody, uses Powerpoint. Some use it well, many use it poorly, and some are just appalling.

We have all sat through that presentation by somebody we thought had something to say, and they said it all on packed, almost illegible slides, which they then read to us!

Sigh!

So here are three simple, practical steps to take to make a boring presentation engaging, assuming of course that what is to be said has merit in the first place. No way to make a silk purse…………

    1. Use big fonts, the bigger the better. You therefore cannot get much on a slide, so need to distill the information down to the idea you are trying to convey. If you cannot distill the verbiage down to a few words that is the core of the message, work on your message, not the presentation.
    2. Use photos, drawings and graphics that convey a message, one per slide. As above, plus it gives you a visual hook onto which to hang a story. There are millions of images on the net, there will be many that convey the core message in a memorable way, you just have to find it.
    3. Do things in threes. For some reason my psychological friends can probably recite, our brains work in threes, we can remember three, and sequences of three, using this innate ability helps to organise your thoughts and presentation, and creates a flow for the audience.

If Powerpoint no longer does it for you at all, eventually the world does move on, then something like Prezi evolves, and simply makes the old stuff look, well, old.

 

Seeing beyond the obvious

Innovation is all about seeing beyond the obvious answer, making the connections others miss, recognising cause and effect relationships differently.

Most also accept that with training, our bodies perform better, we run faster, further, jump higher, etc.

Surely it is the same with our brains? The more we stretch the boundaries in our nuts, the better we become at doing it. Therefore, it seems to be pretty sensible to do some training. The cryptic crossword in the local paper, deliberately inserting yourself into situations that are different and uncomfortable,  and even, yes I am assured by my 30 year old son with a couple of  degrees, playing some of the more creative video games (cannot bring myself to do that one).

I often start a workshop, presentation, and even casual conversation with a conundrum of some sort to try and get the juices going, so these two posts from Holly Green are gold.

The more things change………..

Comment on digital media, the opportunities, challenges, and pay-offs  is largely made by people engaged in the business, and they are different.

In a previous life, I dealt with a series of advertising agencies in the great days of the radio/mag/TV triumvirate of advertising, spending a “shedload” of money. 

In those days, the personnel engaged in the industry all seemed to live, work, and play east of St. Leonards (in Sydney, Australia), while most of my consumers lived west of Lidcombe. Whilst these may locations may not be as different as night and day geographically, there were fundamental  demographic, ethnic, cultural, and economic differences that, had to impact on their consumption behavior, and the manner in which they consumed and responded to advertising.

It is a reasonable assumption to think that the democratisation of media enabled by the internet would change these demarcation lines, at least blurr them, but instead they have seemed to have redefined them as obsessed, or otherwise by digital media, as noted by Bob Hoffman.

Consumers use the net as a tool, and like all tools, they use them differently depending on their skills, inclinations, experience, and where they are. However, the tool now understands how, where, when, and why it is being used, by whom, and responds accordingly. In this terrific post by Avinash Kaushink, consumer purchase behaviour, and the manner in which the data can be leveraged is examined, with Ash’s usual forensic eye.

 

 

 

The two purposes of productive advertising

“Change behavior, before you try and change attitudes”.

These were the wise words delivered to me by Hugh McKay, 30 years ago, and I have never forgotten them, and am constantly reminded as I see people justify something they have done that is different, unexpected, or inconsistent.

Behavior is easier to change than attitudes, so get to the behavior first, then again, and slowly, attitudes will alter to accommodate the altered behavior.

Therefore if you want to have effective advertising, focus on which behaviors you want to change, and worry about attitude later, but generally, you need not worry, it will take care of itself.

People are the same as they were 50 years ago, 500 years ago, the things they own and want have changed absolutely, but what motivates people has not. Just look at the behavior that Shakespeare wrote about, greed, jealousy, love, ambition and  regret, they are still all with us.

The net is just like an electronic yellow pages. When you know you want something, you go to it to find the best buy, what meets your specs, etc, but you do not create demand in the yellow pages, similarly, you do not create demand on the net, the best you can do is generate awareness of your offer.

Make sure that the two fundamental purposes of advertising are not mixed.

The first is to create awareness,

The second is to create demand.

These two things are not the same, and the communication strategy used must be consistent with the potential of the medium and the manner of the message to achieve it.