The Future of Online Marketing
He said, “We may be ahead of the curve right now, but our competitors are going to catch up. If we adopt your strategies, where will we be when the competition does too?” (Paraphrase)
I said, we’ll still be ahead. The reason is simple – we understand social media. The future of online marketing is people will no longer search for what they want to buy, they will ask their friends/contacts for recommendations or the needed information will naturally come to them.
I’ve been thinking and teaching this for a while…but I didn’t know how it was going to happen. Now I know how and the unanswered question is when.
made Microsoft, with its history of monopolistic bullying, appear marginally but noticeably less evil to the outside world, and especially to the independent software developers that are his core audience.
Frankly, I really went to see him, but Phil Windley stole the show. Dr. Windley is a top Utah technology blogger, CTO and co-founder of Kynetx. Basically Dr. Windley explained how relevant content would be instantly delivered to web users…without having to track user’s personal information.
The Kynetx version is called the “Live Web” and could bring consumers conveniences like knowing automatically when their refrigerated food is going to expire. (That data is already on the bar code.) How about automatically generating an expense report based on flight info and foursquare checkins?
Kynetx may not be the company that creates, defines or owns this market, but they’ve certainly got a chance. Regardless, someone will. Imagine only seeing online ads for things you’re interested in. No more spam!
How about news? Only see the topics you’re interested in. Never see another headline about (insert your least favorite sport, celebrity, politician here.) If you ever want to hear about that topic, you’ve got a friend on Twitter, Facebook or LinkedIn who is an expert and will share.
Now that we know the what and the how, the question is when. That’s exactly the question I asked Dr. Windley and Mr. Scoble when I got the opportunity to speak with them. Neither would venture a guess. That’s a fair answer too. It’s not about the technical ability, it’s about the controllers of the data/technology giving it up. The tech exists now, it’s a matter of coordinating it all.
Proprietary information is what creates value. However, we’re looking at a system where information yearns to breathe free, but businesses still need to make a profit. That’s where the delay lies. Until a profit model is demonstrated, consumers are going to be stuck in the current model of spam and unsolicited herbal Viagra ads.
Marketers are stuck in a sort of purgatory right now too. We know the old methods don’t work, but management insists upon using them. Forward thinking management wants to see a return on investment for their social media marketing dollars.
I’m of the opinion the smartest investment, whether business or personal, is in connecting with people. Connecting, not selling. When the Live Web or Web 3.0 comes around…and it will…sooner than you think…the business/person/brand with the best people connections will come out ahead. If you can manage that task cheaply and effectively through social media…it’s even better.
Contact SEO by Swaby
Salt Lake City, UT
Business Insight Correspondent for:
|Chris on Misusing Social Media in Ameri…|
|Jerry Martin on Steve Cloward and Reputation…|
|John Clark on Steve Cloward and Reputation…|
|J Martin on Steve Cloward and Reputation…|
|karl on Steve Cloward and Reputation…|
Archive by Month
- September 2013 (1)
- January 2013 (2)
- March 2012 (1)
- June 2011 (1)
- April 2011 (1)
- March 2011 (5)
- February 2011 (1)
- December 2010 (1)
- November 2010 (5)
- October 2010 (3)
- September 2010 (5)
- August 2010 (11)
- July 2010 (11)
- June 2010 (14)
- May 2010 (1)
- April 2010 (7)
- March 2010 (10)
- February 2010 (14)
- January 2010 (16)
- December 2009 (15)
- November 2009 (23)
- October 2009 (43)
- September 2009 (31)
- August 2009 (8)
Contact Me on SEOmoz
Check out the SEO Services Marketplace
- Your ‘Not Provided’ Percentage In Google Analytics Is Only Going Up fb.me/6qqQQrB6b 2 months ago
- Don't Outsource Sales wp.me/pC60V-jk 3 months ago
- seobraintrust.com/huge-news-abou… fb.me/2LSi8u705 3 months ago
- Man tweets for weed; job goes up in smoke fb.me/2k6UeY2G8 3 months ago
- fb.me/26XxB94t2 4 months ago
- Don’t Outsource Sales
- 2012 in Review
- The 10 Commandments of Social Media
- How to Network for a Job Using Social Media
- Groupon & Living Social Cover Story
- What is the Value of Twitter?
- How to Add RSS to Facebook
- Mark Zuckerberg Comes to Utah
- How to Add Photos to a Facebook Business Page
- The Future of Online Marketing