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In some online markets, monopolies are created through UX

Several months back, I was fortunate to hear a lecture from Peter Thiel on creating a monopoly. According to Thiel, a company must have some combination of these variables to own a market: Brand Scale cost advantages Network effects Proprietary technology Great companies like Apple, have all of these things.  According to Thiel (chronicled by [...]

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Virtual Bazaars

Driving out of downtown LA was a bit of a pain in the ass this morning. Between CicLAvia and the Fashion District bazaar, it was complete chaos.  In DC, I might have turned up my iPod and reminded myself to breath slowly but still being somewhat new to LA, I was able to distract myself with what [...]

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The Role of the Echo Chamber in an Economic Crisis

Brian Solis has authored an op/ed aimed at redefining “how startups (not solely tech companies) view and define early adopters and the ‘echo chamber’ in order to gain momentum in order to ‘cross the chasm’ to the next tier of evolution, adoption, and monetization.” Reading through the article I couldn’t help but reflect on the [...]

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Ad Revenue to Impact Lifespan of Blogs

There are strong indicators that the initial blogging rush has slowed considerably. In July 2006, there were 175,000 new blogs posted per day compared to 120,000 as of March 2007 according to Technorati and according to Gartner, there are already over 200 million ‘ex-bloggers’ accounted for. In the midst of the blogging craze, a small [...]

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Life After Google

Over a decade ago when I was a senior at Hawken School I can remember listening to a conversation between Dr. Carr, our headmaster at the time, and our IT manager (whose name I can’t remember). The year was 1996 and Google had yet to reach omnipotence. As a matter of fact, Netscape and Yahoo! [...]

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Continued efforts to leverage word-of-mouth

Adweek recently published a good recap. of the social marketing landscape that lays out the current brands active in the space, and several of the companies that are attempting to bring services to market that somehow leverage word-of-mouth. The article does a good job representing the spectrum of approaches that social marketing agencies are taking [...]

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Survey Results on Perceptions of Social Media

A study was recently conducted by TWI Surveys, Inc. on behalf of the Society for New Communications Research that explored current awareness and knowledge of social media, as well as prioritization of social media. The study used a survey method amongst a sample of 260 senior PR and marcomm professionals. According to SNCR: 70% are [...]

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Wall Street Journal Coverage of Influencers on Social Media Sites

I somehow missed this when it first came out, but was recently directed to a fantastic Wall Street Journal article on a new wave of influencers and figured it was worth a blog posting. I suppose it is simply a natural law that power-law distributions will gradually emerge in any controlled system – even those [...]

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Strayform Introducing New Economic Model

TechCrunch covered start-up Strayform recently and their business model sort of piqued my curiosity a bit. The basic gist of it is that music producers and consumers sign-up for a community where the consumers can basically sponsor the producers. I don’t know how successful the site is, especially because their branding and general design strike [...]

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White Paper on how Social Media is Impacting PR

The Council of Public Relations Firms has recently sponsored a white paper examining how social media is influencing the PR industry (PDF). The paper is authored by Paul Rand from Zocalo Group and Giovanni Rodriguez from Hubbub who use a combination of primary research (elite interviews with several media execs.) and secondary research (analysis of opinion polls [...]

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