Mobile Publishing: Mygazines

In an increasingly mobile world, the need for content on Smart Phones and tablet devices can’t be ignored.  But how much should companies be investing to stay on the cutting edge?   With mobile applications still in their infancy and the cost of app development seemingly unmanageable for most small companies, the search for reasonable alternatives begins.   

Mygazines offers a great option for anyone from a freelance writer to a large publishing company looking to make their content mobile-ready, at a reasonable cost.  The service has some impressive marketing functionality as well, with options for content sharing, social media integration, built in RSS feeds and video integration.  The only catch is that the services requires a browser to launch; which takes most e-readers off the market.

Today, the need for app development may be dependent on a number of factors including; industry specific requirements, the types of content being displayed and the price customers are willing to pay to get what they want.   For everyone else, there’s solutions like Mygazines to meet customer needs without breaking the bank.

140 Characters

When Twitter first launched and I heard it had a character limitation I thought “how can users say ANYTHING meaningful in 140 characters?” Originally, Twitter seemed best suited to following celebrities and letting followers know what you were doing – serving a limited (not to mention easily duplicated) function at best.

Though it may have been slow to catch on, Twitter has evolved into something much bigger.

In business to business publishing, “news trackers” have become increasingly common to provide customers with relevant, timely information, with short headlines that help users filter what they do and do not want to read in greater depth. As the need for content on mobile devices has increased, limitations to the amount of content people want to view on their phones has pushed publishers to adopt a similar model to Twitter’s character limitations.

Today, even Twitter is used more as an information source than it is as a way to keep track of specific people. Rather than follow Chris Brogan to know what he had for lunch, we follow him for the the valuable knowledge and information to which he can connect us.

An evolution in the way Twitter is used has seemingly revolutionized the way that we filter information.

Web Evolution – A History of Web Design Over the Past 20 Years

Below is a graphic developed by KISSmetrics outlining the evolution of web design since the world’s first website was launched  in 1991.

In only 20 years the definition of a “web presence” has evolved to the point that today, many argue that traditional websites are becoming obsolete.  When discussing the promotion of his new book, Guy Kawasaki recently suggested that he didn’t need a website to reach his target customers, but a Facebook page instead.

Static websites are a thing of the past and concepts like collaboration and crowd sourcing are becoming web standards.  Of course, the evolution will continue and even these concepts will become old news (probably even faster than traditional web pages).  The infographic below is a great reflection of where we’ve been in such a short period of time.  One can only speculate what this chart will look like 20 years from today.

Top 5 Ways to Stay on the Cutting Edge

With the pace at which the online landscape is evolving, it’s easier than ever to become complacent and fall behind competition.  Businesses that are making the transition online need to recognize the importance of paying particular attention to factors that are likely to affect the future direction of their industry.  The following is a list of what I believe are the best ways to stay on the cutting edge and position your organization for the future.

1.  Know What Your Competition is Doing

While we’d ideally like to be ahead of our competition, knowing what they’re doing today will give pointers to where they are headed.

2.  Listen to Your Customers

They may not be able to tell you exactly what they want, but gaining insight to how they’ll use your products is essential to building irreplaceable solutions.

3.  Hire for technical expertise

Today everything is happening online.   If you don’t have the technical expertise, you’ll be left in the dust.  Even worse, the longer you wait to adapt to new technologies the harder it will be to get back into the game.  

4.  Do as an Entrepreneur Would

With the pace at which businesses and technologies are moving today, bureaucracy should be avoided at all costs.  Put decision making in the hands of people capable of making the right decisions and give your products a chance to grow.

5.  Involve Organizational Youth in Decision Making

A colleague recently told me that he heard “if you want to understand why Blackberry Messenger (BBM) is so popular, you’ll have to ask your kids”.  The youth may not have as much experience, but in many cases they’re closer to the innovations that will allow your business to flourish. Don’t forget their voice.

Aflac Looks for New Voice

Known for it’s strong social media presence, Aflac (and its trademark duck) recently entered some unfamiliar waters… hot water.

After making a number of insensitive cracks about the recent disaster in Japan, the voice of the Aflac duck was relieved of his duties.  As a result, the insurance company was in need of a new voice to represent its brand through the various social media platforms that it has been active on over the last several years.  However; what could have been a public relations disaster has been parlayed into a creative social campaign designed to find the next voice of the Aflac duck.

Aflac’s quick response to the situation distanced the brand from the opinions of  the its former spokesperson.  While incidents like these are unfortunate, the company’s deep involvement in social media allowed it to reach customers quickly to involve them in a search for a new voice.  This involvement has not only helped people forget about the recent comments, but will also undoubtedly lead to a voice that customers can resonate with.

Would You Pay for Online Content?

A recent poll conducted by SmartBrief on Social Media asked readers if they believed media companies and publishers should charge for online content.

No, content wants to be free – 48.73%
Online content should be based on a “freemium model” – 28.48%
Yes, there will be buyers for all kinds of relevant information – 22.78%

The results weren’t surprising, but point to a couple of issues that publishers need to be aware of going forward.

  1. The increasing availability of content online is making credibility an important element of a publisher’s ability to charge for use.  Almost 30% of respondents thought that a “freemium model” was an appropriate approach, meaning potential customers would have access to a limited selection of content free of charge.  This approach gives exposure to the content and let’s potential purchasers see the product quality before making a decision.
  2. A person’s willingness to pay for content is partially dependent on their demographic and the type of content they’re interested in acquiring. For example, a professional that needs credible information as a part of their work responsibilities is more likely to pay for content than someone look for casual reading.
  3. The missing piece to most content you can find online (other than confirmed credibility) is the context.  Generally facts are easy to come by; however, the explanation of a trained professional is likely to have a much higher perceived value.  (See http://www.newmediacy.wordpress.com for  more information on the New York Times new pay-for-content plan).

My answer to whether or not publishers and media companies should charge for content is, it depends.  Customer demographics, the purpose of the communication and the ease of acquiring similar information elsewhere are just a few of the many considerations that need to be made before making a decision.  Content marketing has become an important component of the marketing mix for companies hoping to gain credibility with their target market, and the social landscape is increasingly used to facilitate the conversation.

The Daily

On February 2nd, the Daily became available on Apple’s iPad app store with a mission to provide a unique online news experience specifically for the iPad.  For some time the publishing industry has struggled to monetize online news content because of the availability free information on the Internet, but the creators of the Daily appear to be taking a step in the right direction.

Below is an overview of the Daily and some of it’s unique functionalities:

Described as living news, the Daily “combines text, image, sound, video and movement to tell stories that come alive the more you touch, swipe, tap and expolore”.

3 Reasons It’s Different

  1. Much of the Daily’s content is opinion-based, differentiating it from free sources of information that focus primarily on “the facts”.
  2. The Daily has been built specifically for the iPad, offering a superior viewing experience to competing offerings.
  3. It’s customizable and interactive; customers can indicate preferences including local weater and their favourite sports teams.

Recognizing that potential customers may need to experience the Daily to understand it’s value, the product is available for free on a two week trial.  Regularly the Daily is sold for only $39.00 a year or $0.99 a day.  If you don’t yet see the value proposition, I suggest you give it a try.  If nothing else you’ll get a taste for the direction the publishing industry is heading and the new formats publishers are testing to enhance the value of their content.

Guy Kawasaki: Enchantment

In the video below, marketing guru Guy Kawasaki talks about his latest book “Enchantment:  The Art of Changing Hearts, Minds and Actions”. Guy discusses what he views as the pillars of enchantment; likability, trustworthiness and great cause.

It’s clear that while marketing contributes to the bottom line, it’s great products that are the cornerstone for any company’s success.  Marketing can optimize the success of a product offering, but without quality products it’s unrealistic to expect enchantment be achieved. What makes your products great?

Social Media Metics and ROI

Since the emergence of social media marketing as a way of maintaining a continual dialogue and brand recognition with customers, brand marketers have struggled to understand the true impact of their online efforts.

Syncapse recently published a whitepaper on  understanding Facebook fan value and key return on investment indicators.  I recommend that any brand marketer interested in better understanding the online landscape and the value of engaging customers through social media platforms read it and consider how to provide relevant content to potential customers (and convert them to brand ambassadors) online.

Similar to a Twitter follower, a Facebook fan will be more valuable if they have a true interest in your brand and product offerings.  The number of facebook fans a brand collects is less important than who those fans are.  In other words, quality trumps quantity.  Knowing who is following your brand will go a long way in understanding their value and the return on your online activities.

What does your company do to assess the quality of your social media following?

OpenTable Does Valentine’s Day the Right Way

In my most recent post I asked readers what Groupon could have done differently to avoid the grief they received from customers as a result of a misleading Valentine’s Day coupon.

But whose responsibility is it to indicate that prices may be higher than normal on Valentine’s Day?  Should customers be expected to know that prices are subject to change on certain holidays?

After booking my Valentine’s Day dinner through OpenTable I recognized a disclaimer at the bottom of my confirmation e-mail:

“Holiday Reminder:  This is a confirmed reservation for Valentine’s Day.  Given that some restaurants create special menus, you may wish to contact the restaurant for details about any prix-fixe menus and pricing.  Thank you.”

This simple disclaimer about a seemingly obvious condition protected OpenTable from potential Valentine’s Day scrutiny. OpenTable took the opposite approach to Groupon recognizing that it would be ill advised to assume a customer’s understanding of special circumstances. With new channels of online distribution at our disposal, we mustn’t forget the increased complexity of sales transactions and the importance of clear communication with potential buyers.