Ideas Blog

Asia’s Rise

Written by Marc on December 2, 2009   2 Comments

Asia shouldn’t be underestimated, it is growing so quickly that it will rival the power balance the West holds in this very generation. In this revealing video from TED India Hans Rosling depicts Asia’s Rise.

There is clearly a rise of infographics going on in the web. Just like meta data gives us information about data (data about data), infographics enhance what would otherwise be very vanilla looking graphs. Infographics appeal to humans because we are visual creatures.

In his video’s on GapMinder or TED you can see other examples of how Hans adds a new dimension of time to create dynamic infographics. The result is that he can get the data across in ways that static words and numbers can’t.

Creating customer attention

Written by Marc on November 13, 2009   2 Comments

In Alvin Toffler’s world of information overload, our businesses have a constant struggle with diminishing attention offered by customers. To tackle this the creation of a per customer communications profile can help. The metaphor is a pre-nuptial. It specifies how your relationship will exist between your business and your customers. How you create this communications profile can vary from a social unwritten contract like a retailer has with their customer or it might be more explicit like a form your customer fills in to specify when and what correspondence they want to receive from your business.

Every piece of communication you send to your customer demands their time. There is an equation that roughly says the more you demand then the less attention the customer will probably give your demands. If you annoy them too much, they stop listening and reading. So logically you can attribute a cost to each piece of communication. This attention economy is all about treating this attention like a commodity. Every single email, letter or phone call is an exchange of value. If you are selling something and not giving anything then you are spending a large piece of the attention dollar the customer affords you. If you give education then it is lower. If you solve a problem or save their time then you will probably be adding to the attention piggy bank you have with that customer. They will want more.

So you can design this relationship so both you get more attention and the customer gets more value. If you can monitor customer behavior and reaction so as to understand how they would like to relate to your business rather than how much, then you can grow the attention piggy bank. The customer will give you more time because you have created a bespoke or targeted approach to their communication needs, to solving their problems or giving them the actual information they want rather than fire the 12 gauge information shot gun at them. The catch is that this costs time or else money to automate it.

There are many approaches to move to a communications profile model and some very interesting business models are springing up to help businesses achieve this. Companies like Datarati are dealing with medium enterprise in this area using bleeding edge technologies like Marketo. It’s a data driven approach that at the end of the day will have a robustness above the implied or gut feel approach that most business owners currently rely on. Other simple things that can be done by small business are forms that asks customers what they want from your business when they become a customer. Many inexpensive email systems now have features built in to give you insight into customer behaviour so you can provide them with just what they want and when they want it without even asking them.

This is all about the customer deciding rather than the business. Put the customer first, then the business and sales will follow. Listen and watch their behaviour or ask them what they want rather then serve up an overload of communications and information.

All business will be done this way in the future so it really is just about how fast you get there.

Photo by See-ming Lee

Web 3.0 Data Generation

Written by Marc on July 9, 2009   0 Comments

Ever wondered what Web3.0 is shaping up to be? There are two things generally agreed in the technology industry. It’s not clear and it’s complex.

The following presentation on this topic is from my talk at CeBIT Webciety this year. The topic was What web Web3.0 will look like. This is all about the "Data" and the "Data Generation". Concepts such as the Semantic Web, Data-on-Data and more recently the Datarati have evolved in recent years to deal with the concepts.

If you are interested in the data area and how to use your business data to influence your business then Will Scully-Power’s blog is a great read. Previously of MarkSydney (part of the M&C Saatchi Group) he is seeding a new business in the data space.

We generally upload our presentations to Slideshare. See ~ Saasu | Marc Lehmann | Peter Cooper