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03.22.2011

Is NFC the final link in the chain

NFC of Near Field Communication seems to be the word of the moment. In essence its the technology that allows 2 devices to swap information - payment, data over a small physical distance. From ticketing with an Oyster card through to quick payment with your phone its pretty cool and simple technology. The phone play is where it starts to heat up. At present the new Google Nexus 2 phone has got the technology, but Apple are still holding back. A mistake I thought, but was corrected by someone recently with "Apple don't make mistakes, Google do".

Since the web really launched, it has been direct response clients that have really ruled the roost, they made Google famous, responsible for underwriting most of the technology that runs the web and drove the whole ability to pay and transact online. The FMCG market and small ticket retailers have been very much left behind and a little confused. Its tough to sell beer online.

Online DR has been the darling of the web for a long time. It wasn't just a marketing tool for many, it was a full end to end business from initial touch to sale and service at the other end. Many of these businesses chuckled quite happily at retailers with shops, seeing the ball and chain of legacy.

But NFC seems to be the final link in the chain. We have seen the claiming back of technology by the people through the rise of social and now as smart phones continue to blur the edges of small computers and big phones, the good old fashioned outlet seems to be coming back into fashion. Not only location based services like Gowalla or Foursquare, but the ability now to really start to link into purchase and "on the move" behaviour.

For a long time brands haven't really leveraged their non cash assets or realised them as a marketing tool. On pack, instore, at event all suddenly seem very exciting and very relevant, all we needed was to wire them up, which is where NFC will come into its own. Bricks and mortar coming back into fashion and if anything being the competitive edge (perhaps this is why the second word of the moment is the "Pop Up Shop").

I suspect Google will make it work and Apple will inspire us with it. Exciting times ahead.

03.21.2011

Social media milestones

Great visual by David Armano at Edelman Digital

02.10.2011

Next generation media

Latest "Next Generation Media" from Aegis. Oddly enough trying to find relevant up to date stats is more difficult than you may think. Makes good reading

02.08.2011

Business model canvas

Looking at how digital technology can truly integrate into an organisation, one model that I came across was the business canvas which has been developed by the guys at Business Model Hub - a community and rattle bag of what appears to be some very smart and open people.

The model maps out key organisational components - value on the right and operational efficiency on the left. Money in vs money out. Value proposition in the middle. Great.

Couple of things came out. Firstly how does or could digital add value or efficiency into each area. Starting on the right.

Customer segments

Who are our current customer segments. Normally we define them by how we reach them. Young men who eat 4 bags of crisps, like to go out with their mates and are thinking about buying a car, are invariably distilled down to 18-24 year old men as that's the only size brush you have to paint with. With digital we can get into community areas, passion groups ... and reach them.As Clay Shirky said

"Tools that provide simple ways of creating groups lead to new groups, [...] and not just more groups but more kinds of groups."

Customer Relationships

What is the nature of your relationship with your customer? Just sell to them? Ask them? Involve them? Meet them afterwards and talk to their friends

Channels

This is really where most head resource gets used and most money spent. Which are the usual channels to reach our usual customers, So fairly easy, how are you using (getting excited about) digital to reach your customers.

I won't go the whole way across the canvas, but you get the idea. How are we engaging our resource? assets? people? Suppliers?

As you go through the exercise you realise that where digital technology really comes into it own is to start to facilitate and link boxes, that don't historically get linked. Using suppliers as a channel? Customers as a resource? New relationships through how we change activities? but some great work comes out when you link them up (I'm a huge fan of arrows and turning them round and thinking - "What would that look like"

Trendwatching.com show this perfectly when they look at how the canvas can describe emerging models.

.. but its the organisational effect that is very exciting. How do you decentralise digital thinking? How do you get your people and customers empowered and involved? That's where the opportunity of mapping out really helps.

The first 10minutes of this great video from Best Buy nails the point of how if done well, technology really starts to break down the inter-departmental boxes.

1. Getting customers to review your advertising

2. Suppliers to act as a route to market

3. Your team to develop your product

Best Buy CEO Brad Anderson in conversation with Peter Hirshberg at Google Zeitgeist from peter hirshberg on Vimeo.

This isn't new, but what I thought was great was that it gave a framework to engage an organisation and to map out value and actions. Planned brilliance vs an occasional cry of "Ureka" coming from the ghetto.

As always any feedback would be more than welcome.

01.21.2011

JWT 100 Things to watch in 2011

The annual JWT 2011 trend report, which is always informative and great that they share it. Thanks

View more presentations from JWTIntelligence.