Yahoo swears it isn’t going to screw up Tumblr — but how realistic is that promise?

Following on from my earlier post about the Yahoo/Tumblr deal, an interesting take on whether Yahoo will live up to the promise not ‘screwing up’ the popular blogging platform. (Via GigaOM)

Gigaom

As the dust begins to settle from one of the most significant acquisitions in web-land since the Facebook/Instagram deal (s fb), the warm glow of euphoria created by Yahoo’s (s yhoo) $1.1-billion takeover of Tumblr has given way to the harsh reality of blending — or, more importantly, not blending — two vastly different companies and cultures. In a statement about the deal, Yahoo CEO Marissa Mayer promised not to “screw it up,” a comment undoubtedly aimed at the sensitive community of Tumblr fanatics. But is it even possible for Yahoo to keep this promise?

Even before the news was confirmed on Monday, critics with long memories were reminding anyone who would listen about Yahoo’s track record with acquisitions, which has some rather notorious bumps in it, including two major ones known as GeoCities and Flickr. Those two deals alone have made many question whether Yahoo will be able…

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Google Glass

The Wonderful World Of Wearable Tech

The way that technology is now a part of our daily lives is extraordinary. Who would have thought that you could have a map, a GPS tracker, pedometer and a telephone in the palm of my hand today?

The race for manufacturers to create devices that we can wear is becoming more prominent in our daily lives. When Nike teamed up with Apple 7 years ago with the Nike+ system to keep track of runs, it helped the sportswear giant develop a greater connection with their customers (pun intended) by creating products that utilised this system. It also helped Apple to tap into Nike’s market though their synergistic ties, developing apps and hardware that enabled owners to track their runs, map routes and sync their music with their workouts.

Nike further extended their adventures in technology by releasing the FuelBand and setting up the Accelerator program in 2012, aimed at leveraging their technology through their API and SDK for Nike+.

The widely reported, Kickstarter-backed Pebble watch project is another wearable device that enables you to operate certain functions of your smartphone without reaching into your pocket. The device also enables developers to create applications for the watch, ranging from fitness to…

Google are planning to gain a foothold through the creation of Google Glass, an augmented reality device worn as a pair of glasses that displays information to the user in a similar format to a smartphone, operating via voice-activated commands.

Such a device offers many application and product collaboration opportunities for Google. By marrying technology and fashion through Glass, manufacturers can create products with aesthetic appeal that target a new customer demographic, or adapt their current range of products to accommodate Glass, thus extending the lifecycle of eyewear products in developed markets.

Privacy issues?

Despite the potential possibilities that Google Glass presents, there may be some drawbacks regarding Glass’ functionality, most notably the privacy issue. The trade-off with ‘free’ internet services such as Google, Twitter and Facebook is that your input (personal data) becomes a commodity that such services use to generate advertising revenue through the creation of targeted, personalised ads.

Furthermore, being tracked using such products like Glass does raise personal security concerns about who has access to the data and how it is protected. A Fast Company article outlines a list of places that are likely to be resistant to the use of Glass in certain public and private places.

What does it mean for marketers?

Marketers need to consider whether wearable tech is relevant to their company activities. Architecture and design companies, outdoor adventure or athletics companies may find wearable tech products useful to their business, for instance, especially in terms of the different functions and options that such technology provides. Another consideration is whether wearable tech complements their target market. Such products could be seen by a company’s target demographic as pointless or a privacy infringement. Conversely, they could embrace the technology and see it as way of simplifying daily activities, perhaps even provide opportunities to discover new things they would not have thought about.

Either way, wearable technology is not going away any time soon, and I believe that if Google can strike the balance between protecting customer privacy and providing a purposeful product with numerous applications, they could make the world a much smaller place.

What are your views on wearable tech? Please comment below or tweet me @ChuxOnye

Yahtumb

Yahoo’s Tumblr Dryer – What Next?

Yahoo’s purchase of Tumblr for $1.1bn is another move by Marisa Mayer to bring the internet giant back to its former competitive edge in a modern way. Having purchased Summly, a news summarization app for $30m in March, these are exciting times for Yahoo. What ways can they maximise the potential benefits from these purchases?

Tumblr is a very popular blogging platform, with over 109 million active blogs and over 50 million blog posts (as seen today). Its popularity stems from the simplicity it offers users in creating and sharing content through Tumblr’s simple design and social networking capabilities. Such user figures provides Yahoo the opportunity to monetize the platform, however there has already been some backlash against this move, with some users migrating their blogs to rival platform WordPress. Mayer has promised not to “screw up” Tumblr, which is a stark reminder to Yahoo’s fateful journey with Geocities.

Additionally, Tumblr has a strong mobile presence which Yahoo is aiming to improve with notable updates to its Y! Mail and Flickr mobile apps. Flickr could be a key platform, especially with its photo capabilities which complements with the ease of sharing content via the blogging site.

Tumblr’s reach, coupled with Yahoo’s financial clout and relative internet business expertise could see this deal being very beneficial to both parties. What would be important for Yahoo is to ensure that the Tumblr experience is not compromised in preference for the pursuit of monetization.

What are your views on this deal? Please comment and tweet me @ChuxOnye

Top 25 Most Engaged Brands on Twitter via Nestivity

Twitter has become a key platform for brands to connect with and engage with their customers. Efforts to build a strong community can be a challenge, however these 25 brands seem to be doing something right.

Top 25 Most Engaged Brands on Twitter

Infographic courtesy of Nestivity.

So what are your thoughts on the list? Are these the top 25? Are they really effective?

Please leave your comments below or carry the discussion further with me on Twitter @ChuxOnye.

An interesting post regarding the luxury consumer and their actions from marvinscorridor.com

New World Marketing: Infographic

Magic Number Three: 3 elements for a modern-day marketer to ponder

3 Is A Magic Number

“Three is a magic number” – Schoolhouse Rock

Since I’ve started writing my marketing blog, I have come to realise that other blogs that I have visited and read have this common habit of writing lists. Lists are rather useful ways of distilling a multitude of thoughts about one subject. From topics such as the top three inbound marketing strategies for mobile apps to 25 sneakers to own before you die, lists are a useful way of increasing visitor traffic, gleaning reader’s opinions and objections to your ‘definitive’ lists and generally showing you know your topic (supposedly…). Ironically, from my own general reading and discussions with a good friend of mine on the field of marketing has highlighted some interesting points in this current internet/data/technology era (I deleted all three because I couldn’t make up my mind). Anyhow, I digress. Here are the three elements that a modern-day marketer should consider for future market and business development.

1. “Free” products

When you consider how some ideas were conceived (i.e. Dropbox, Spotify, Farmville, Google Docs, etc.), they created services that people could utilise and get to grip with for ‘free’. The ‘Freemium’ model is a useful model, especially for start-up companies, to acquire a large user base where a portion of them can be converted into paying customers.

Consider Dropbox for example, which is a cloud storage service where users are initially offered 2 GB free storage. For a user to increase their storage capacity, they can either through referrals (500 MB per referral, up to 18 GB = 36 new users) or by subscribing to their ‘Pro’ plan for even greater storage (starting at 100 GB). Dropbox is an exponent of the ‘freemium’ model, taking advantage of rapidly decreasing prices in storage space and the shift towards cloud computing to increase the number of users and to generate income from power users derived from their user base.

Such models do need to be scrutinized, as they can be rather costly if they are not ‘leveraged’ properly in terms of the product/service offering, however they can be very successful for growing a business, as Dropbox can testify.

2. Marketing the product OR the product does the marketing?

Some companies are market/marketing driven whilst others are product-driven, relying on its relative strengths for the marketing sales pitch. Take Microsoft and Apple for instance. Here is the Microsoft advert for their Surface tablet.

Microsoft Surface Commercial

Apple iPad Commercial

As you can see from these commercials, Microsoft has gone for the more visual, dramatic, let’s-put-on-a-song-and-dance approach in showing off their Surface tablet, whereas Apple have gone for the ‘Let’s show you what the iPad and the iPad mini can do’ approach. Microsoft package and wrap up their product in the most glamorous fashion, marketing it in a way where it sells you the dream. Apple’s approach is clean and minimalistic, showing the product in action and its features. There’s no right or wrong way in how to market or promote a product, however the approach a marketer should decide on depends on how they want to present their offering to their target market and customer.

3. Innovation

How were Nintendo, Nokia and Google initially founded? Nintendo initially started by making playing cards back in 1889. Nokia’s first steps as a company was as a Finnish paper manufacturer back in 1865, and Google’s story started as an search engine called ‘BackRub’ from the creative minds of Larry Page and Sergey Brin back in 1996.

Where are they now? Nintendo is now one of the biggest computer game console manufacturers across the globe, creating iconic characters such as Mario, Zelda and Donkey Kong. Nokia is one of the world’s biggest manufacturers of mobile phone devices, creating classic models such as the 5110 and the current Lumia 920. Google is now the web’s go-to page for search results and has expanded into other areas, from creating the Android mobile platform to offering map services on the internet. Despite Nintendo and Nokia being many years older than Google, who are the gifted genius wunderkid, what has kept these three global icons continuing their longevity is innovation.

Through constant change and adapting to future needs and disrupting existing business models and paradigms, these companies have survived the test of time whilst maintaining their brands by pushing new boundaries and frontiers in their respective fields. Who would have thought Google would be competing with Nokia in the mobile industry?

These are my thoughts on the elements that a modern-day marketer must ponder in order to create new markets and develop and grow their business respectively.

What are your thoughts? Please comment and connect with me via Twitter @ChuxOnye and via LinkedIn.