Wednesday, December 15, 2010

MMB 12/13

http://chestnuthill.patch.com/articles/top-10-coolest-gadgets-of-2010-4

Top 10 Coolest Gadgets of 2010
The list has the best new electronics that were released in 2010. Though I agree with most of the things on the list, I think it needs changes. For example, though the Kindle is really cool, I believe it's unnecessary and simply bad when compared to the iPad, so I thought it should be further down the list. I also thought the the Android was overplayed since the iPhone 4 is a lot better and much more popular. So, I would have added the iPhone 4 to the list and moved the Android phone further down. I also thought that 3D TVs should have been much higher on the list since they are just so innovative and basically the latest TV technology. I thought they should have at least been higher than the Kindle. Same with the Panasonic 3D camcorder. It should have been much higher on the list.

A few things that I definitely agreed with is the iPad and its place on the list. It's definitely number one since it opened up a whole new world of possibilities about computers and what, where, and when people will do work. The Dyson Air Multiplier seems like an amazing product also. It's basically a fan that is not conventional at all and it should have been on the list but it should be last (it is) because it is not as amazing as the other products. The Cio Mobile TV also seems great since it is really innovative and convenient. It can stream local TV stations like radio streams local stations. It seems great.

Tuesday, December 7, 2010

Products of 2010

Top products:

  • Apple iPad
  • Apple iPhone 4
  • Android
  • Kinect
  • Blackberry Curve
  • the new MacBook Air

Apple iPad:

The iPad was much anticipated. There were ads featuring a now signature jingle that stuck in people's heads which explained what the iPad can do. There were many newspaper articles on it and it was on the news for a while. The target audience was everyone. It has a touch screen and can virtually do anything a computer can do, camera, scanner, etc. can do. The public knew about this because it was on the news for so long. Apple also released amazing TV ads. Apple doesn't have official Facebook or Twitter pages, so it didn't but it benefited from social media because the iPad was really talked about on social media. Its competitors are the Kindle, Samsung Galaxy Tab, Lenovo IdeaPad U1 Hybrid, and basically all other tablets.

Kinect:

Kinect was marketed through ads on TV, internet, magazines, etc. The target audience was young people who like video games and/or people who want to have fun. With Kinect, no controller is needed. The motion sensor picks up movement of the body so nothing needs to be handheld. The public knew about this because of the ads and all the buzz around it. Kinect used Twitter and Facebook to publicize its release date and its release. Its competitors are the Wii.

Apple iPhone 4:

The iPhone 4 had been anticipated for a while so Apple used the buzz that was already going around to publicize the new iPhone. There were also ads telling people how convenient, useful and awesome the new iPhone was. Its target audience is everyone. It has the latest touch technology with FaceTime (which is like video chatting) and features a sleeker, more convenient design. The public knew about this product because of Jobs's announcement, ads, and the buzz surrounding it. Apple doesn't use social media but people on social media spoke about the new iPhone 4 a lot so it was publicized even more. Its competitors are myTouch, HTC HD2, Palm Pre, and all other smart phones.

Monday, December 6, 2010

MMB 12/6

Facebook is completely redoing its format. Its profile page, which was previously in no important order, now has the bio section right underneath the name. Then, it has a much larger photo section. People can also view histories of friendships more easily. The reason for this overhaul is to organize profiles better and to show who people actually are. Not all members get the new format today. People have to option of choosing the format for a while before Facebook mandates that everyone must switch over. Privacy is a huge flare up with Facebook right now. The Wall Street Journal a while ago showed many of Facebook's popular apps selling personal information to advertising companies. Rapleaf is a company that merges all online data about a person and sells the info to advertising companies to create a narrowed interest window on the Web. They use Facebook profiles and data to create the consumer profiles. Zuckerberg does not plan on creating a phone just for Facebook but plans on continuing to build software for phones. He also does not believe in going public. Facebook had the option of selling to Yahoo! in 2006 for a billion dollars but refused to.

In 60 Minutes, Mark Zuckerberg spoke of wanting to create more personal experiences on the Internet by transforming all of it into a social networking site. The highly competitive company expanded almost exponentially within the last few years. He then explained "hacking" and how Facebook encourages creativity and competition. He also explained the Facebook profile and messaging overhaul and new features on the website. When questioned about Facebook's dubious privacy issues, he defended Facebook and stated any apps which were selling information to ad companies were going against FB policies and would be deleted. He discussed lawsuits brought against him and the movie that was released about him. He also avoided saying anything bad about Google and stated that he did not want to be compared with them. He was later described as going from a "toddler CEO" to a "prodigy."

I like the redesign but I hope FB also improves its privacy options because if an outside company can access such detailed information, I would hate it. It definitely helps the social network because more people can access more information easier but it could also gain negative publicity because it's one more step towards less publicity.

Wednesday, December 1, 2010

EC 12/1

What is the future of online marketing?

The Internet is so young yet we already depend on it so much. As it grows, so will online marketing. The future is definitely bright and as more people join the Internet phenomenon, e-commerce will only become more influential. It will also grow more sophisticated as a younger generation moves into adulthood. Simplistic and old methods such as banner ads and email advertising are dying out due to the various disadvantages they present. Banner ads tend to force a person to keep clicking in order to exit the window and email often results in spam and identity theft.

The dominant models right now are pay-per-click advertising and search engine optimization. Search engine optimization will last as long as search engines do. The future of pay-per-click advertising is less clear because of constant "click fraud" where an ad is artificially clicked to make the advertiser pay. This rate could be as high as 40% of all clicks, which basically means that 40% of money has been wasted. The author thinks this method will only last if changes are made to it to make advertising more efficient.

The author predicts the search engine optimization will the most prominent way of advertising with the pay-per-click advertising in second place, and edited information releases in third. He/she warns, however, that anything can happen in the future.

I agree with the author that those forms of advertising will remain important but I think that social media will also have a huge impact on online marketing because many businesses also promote their brands and advertise their deals online. So I think that eventually social media will trump even search engine optimization when it comes to marketing because of its growing influence in people's daily lives.

MMB 11/29

An article from shreveporttimes.com states that this Black Friday was phenomenal. According to the National Retail Federation, the average person spent much more this Black Friday than the last and retail sales went up. Ads just for Black Friday were released by large retailers like Target aimed to telling customers how much people can save by shopping on Black Friday and many stores opened early.
Today is called Cyber Monday. More people buy stuff on Black Friday than on Cyber Monday but when the increases from last year are compared, Cyber Monday had a bigger increase in sales than Black Friday did.
Social Media incentives for Black Friday
http://www.cfnews13.com/article/news/2010/november/176859/Social-media-incentives-for-Black-Friday
If you check in at certain places through Foursquare or Facebook Places, you could get a certain percentage off your purchase or get free gift cards. Also, if people unlocked a certain badge on Foursquare, a certain percentage would be taken off the purchase or if enough people "liked" a deal on Facebook, the deal would be activated for those people. Businesses also tweeted about certain deals that they otherwise did not advertise about.