PS067-bazaarvoice-socialcommerce

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    PS067-bazaarvoice-socialcommerce - Presentation Transcript

    1. “Engagement in the Attention Economy” Social Commerce Summit: London, November 2008 www.ianjindal.com
    2. • Beyond 20th Century Marketing. If we can’t interrupt, what can we do? • Limiting factor in broadband age is time. Time = attention • Data + exchange -> the ingredients for new engagement • Data evolution - more meta... hypo? • Exchange formats - APML • The network effect: place and power. “Engagement in the Attention Economy” Social Commerce Summit: London, November 2008 www.ianjindal.com
    3. • 4Ps – Product, Pricing, Promotion, Placement • 7Ps – (people, Process, Physical evidence) • “New” 4Ps – Personalisation, Participation, Peer-to-peer, Predictive Modelling • SIVA – Solution, Information, Value, Access “So last century”
    4. • The house of many charms • Build it and they will come • Portals, outbound marketing... noise. Lipstick on a pig
    5. Journey towards the customer Data and activity
    6. • Data evolution – accurate – enriched – meta – actionable – mashed – semantic – autonomous & predictive Small revolution - data
    7. • Segmentation and metadata for increased relevance. • “Behaviour” is useful metadata - if you can capture it - ‘ignore ratio’? • Capture offline as well as online - warranties... Metadata
    8. • Turning metadata into a new service • Linking to commerce Metadata - new services
    9. Moving beyond the site Data is Action - “doing” not “viewing”
    10. • Making Social Networks “transactional” • You can “do”, not just “view” • From web to desktop • Web to web Microformats
    11. Microformats
    12. • In action... • Google - hCard format added to Search results. • One click to add the result to your address book. • Could do the same with calendar items, or recommentations Microformats
    13. The network: more is more
    14. • Reviews • Meta-reviews • Ambush Network effect - early examples
    15. Not just on your site...
    16. APML
    17. • Attention XML • What you look at, do, note, store, act upon.. • eg Amazon profile • Particls/ RescueTime • Impact on LinkedIn? Recommend- ations? • Passive preferences can be made active (eg watchlists and preferences). APML - In action
    18. • XML • Mashed and changed like other feeds and sources • Some level of pre-processing and ‘semantic’ structure... • Tastebroker.org Show me some APML!
    19. • RescueTime - personal monitoring across all applications • Fed to website • Could take an APML feed, filtered for shopping tastes? Research needs? Show me some APML!
    20. Show me the money!
    21. • Phorm • OIX • Mashup of data - above and beyond a single customer, advertiser, publisher or even ISP/network. • Mega meta Mega Meta
    22. The attention economy...
    23. Next?
    24. • GTD approach, based on ‘contexts’ • iPhone “knows” some of your contexts (eg near grocery store) • TomTom... • Data + exchange + preference + processing... Meaning and location leading to action...
    25. • You only see part of the picture • The customers only see part of the picture • Some aspects of ‘social’ are human, but others are machine - ‘spooky’ • Cost of interaction = cost of doing business • Openness and exchange - requires new business approaches • Even on ‘your site’ you’re no longer safe • The battle is for a share of attention Commercial Challenges
    26. Thank you. www.ianjindal.com

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