Marketing | Environment | Culture

Tag: web

Who Trumps How Many: This Week in Startups with Jason Calacanis

Earlier, in my brief examination of social whoring, I included a mention of “who” being more important than “how many.”  The basic idea: 10 Twitter followers truly locked in to you – your persona, your concept, your product, your service or your brand – are more valuable than 1,000 followers who are just hanging on for the follow-back.  Not genius, but fundamental and oft overlooked.

For several  months, I’ve been watching This Week In Startups with Jason Calacanis.  This morning, I realized that a) I should bring this excellent, entertaining production to your attention and b) it perfectly illustrates the idea.

Regarding TWiST itself: It’s a YouTube channel under the This Week In web TV network.  It’s a round table format about – obviously – startup companies, entrepreneurship, venture capital, angel investing, founders, CEOs, etc.

Guests have included Gary Vaynerchuk, Groupon founder Andrew Mason, David Heinemeier Hansson of 37signals, the founding developer of WordPress, the director of search at Bing, the founder and CEO of Gowalla, the founder and CEO of EventBrite and more than a hundred others.  Themed segments and episodes include Shark Tank (very frequent, idea pitch and judgment), Founders Roundtable, Global Meetups and more.

Regarding who versus how many: Dozens of the episodes (of which there are 120 or so) have fewer than 100 views.  Most have views in the 100-1,000 range.  A handful of views are in the 2,000+ range.  Total subscribers … 402.  Note: this does NOT take into account the live audience of each show.

A traditional take on these kinds of numbers – unimpressive.  A local television station provides 2,000 simultaneous views for even poorly-watched programs.  Though insanely inane, other YouTube channels have far greater reach – like ShaneDawsonTV2 with 250,000,000+ video views and 1,600,000+ subscribers.

So how do Calacanis and company land sponsorship from leading software companies like email service provider Mail Chimp?  (Note: my ESP of choice is BombBomb, who’s putting video inside the inbox).  Those few hundred subscribers and few thousand viewers represent a tight, high quality community of entrepreneurs, tech/web people, investors and financiers.  It’s probably as dense a concentration of these types as you can reach.

I guarantee that buy isn’t on an old school cost per thousand basis.  I’d also bet that if you looked at the sponsorship (however it’s structured) on a CPM basis, the CPM would be astronomical compared to most online buys.  There’s a premium on concentrations of smart, shrewd, softwarey people.  Yes, I made that last adjective up.

The point?  Sure, more viewers and subscribers would be good for TWiST, but who makes up that audience is far more important than how many there are.

Here’s an embed of a recent episode with Tony Conrad, co-founder of About.Me (sold to AOL for $800M four days after launch) among many other projects and successes.  If for no other reason, you should watch this to learn how the About.Me team lined up that killer url – obviously a fundamental piece of their overall strategy.

More on Jason Calacanis on Wikipedia.
Follow Jason Calacanis on Twitter.
Check out my About.Me page.

The Mesh: Marketing, Environment, Culture

For a class I’m taking this semester in the MBA program at the University of Colorado-Colorado Springs, I got to choose and review the online marketing book of my choice.  The deliverables included a formal book review, a blog post, a video and an in-class presentation.

With my first two choices gone (David Meerman Scott’s The New Rules of Marketing and PR and Hubspot’s Inbound Marketing), I turned to Rework from the guys at 37 signals.  Rework turned out to be a little too general business for the purposes of the class, but I did write it up here earlier.

Fortunately, a brand new, big idea book was recommended by Seth Godin as I was still in search mode.  I ordered, read and reviewed The Mesh: Why The Future Of Business Is Sharing by Lisa Gansky.

book, business, marketing, online, social, mobile, GPS, businesses, share, sharing, share platform, access, ownership, Lisa Gansky

Cover: The Mesh

The Mesh was very obviously a labor of love for Gansky, whose personal and professional passions are evident in the book’s concept, premises, tone and style.  The describes her vision, illustrates it with examples and backs into the broader driving and enabling trends making Mesh businesses and strategies possible and advantageous right now.  It’s this drawing together of otherwise disparate observations that makes her book feel so fresh.

I’ve already written a review and collected several links for the class blog post.  Here, I thought I’d take a minute to observe how it so nicely connects the themes and sub-heading of this blog – marketing, environment and culture.

Marketing The Mesh argues in favor of a business model that both threatens traditional companies and creates opportunities for new ones.  A Mesh company or a Mesh strategy employs: a core offering that’s shared (access rather than ownership); web, social and mobile networks; increased customer interactions; increased layers of information and analysis of data; and offers that are more and more timely, relevant, personal and location-based.

Think Netflix versus Blockbuster.  Both rent DVDs, but Netflix is, at its core, an information company dedicated to making it easier and easier for customers to find, watch and review movies and television shows.  Meanwhile, Blockbuster is in bankruptcy protection.

Zipcar was another key example in the book.  With your mobile device, you can locate, select, reserve and unlock one of dozens of individually-named Zipcars parked around your city.  Each transaction provides data about who, when, where and how long the car is used.  Zipcar’s partnered with all kinds of other businesses in complementary ways to provide more – and more personalized – value to each customer.

Environment One of the underlying themes behind the share concept is an increasing population and limited resources.  The increasing population is also increasingly urban; this density is required for share platforms to scale properly.  At the same time, it’s clear that our disposable consumer culture is unsustainable.  Mesh companies need highly durable goods from their suppliers.  Through frequent and repeat use of shared goods and real-time data collection, Mesh businesses will understand each product’s strengths and weaknesses, like when and how it’s likely to fail.  While demanding greater durability from suppliers, they’ll be in a unique position to provide information to aid in that mission.

Culture There are many broad, cultural themes in The Mesh.  For example, acceptance and adoption of share platforms requires a shift away from ownership toward access and sharing.  Gansky also covers customers as communities within the same share platform.  So many of the factors that permit the Mesh characteristics and driving and enabling factors to be observed and formally captured in a book are temporal and cultural.

All three themes – marketing, environment and culture – are ever-present in this quick and fun read.  I recommend it to marketers, entrepreneurs, environmentalists, futurists and anyone broadly interested in what’s happening out there right now.

My blog post for class that’s loaded with links can be seen here.

My video review can be seen here:

 

Mesh, The Mesh, meshy, companies, company, business, businesses, Zipcar, Crushpad, Kickstarter, thredUp, Prosper, Roomorama, Netflix

Seven of the dozens of examples provided by Lisa Gansky to illustrate her concept of The Mesh.

Reading “We Are The Web” – Better Late Than (N)ever

I’m completely late to the party on this one, but the distance created by my tardiness gave me enhanced appreciation for Kevin Kelly‘s 2004 essay “We Are The Web.”

It was most famously published in Wired in August 2005.  He’s conveyed it in a variety of ways since then, including edited and retitled versions.  It’s also echoed significantly in his 2007 TED presentation, embedded below.

Rather than restate the essay’s key points, I’ll only advocate for your exposure to the essay and its points through your own efforts.

I copied, pasted then printed it on 9 pages.  Contained therein are snapshots of the web and our relationship with it in 1995, 2005 and 2015.  The history was useful.  The forecast felt genius for the clarity and simplicity in its expression.  The whole piece really came together for me toward the end; ironically, it was as he was slaying the once-popular vision of “convergence.”

I’d not read Kelly at all, so it was all fresh to me.  I know neither how novel his concepts are, nor who else is writing on or adjacent to them.

Again, this video includes all the themes and many of the specific points made in “We Are The Web.”  If this presentation is of any interest to you, I highly recommend giving the original essay a read.

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