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February 17, 2010

The publisher's gold mine

There appears to be a growing trend among content publishers of using targeting technologies to focus and solidify their relationships with their customers, rather than passing customer data to their ad network ecosystem. Although the benefits of this type of  process shift seems obvious, you wonder what took publishers so long to figure this out.

The core driver of a relationship with a consumer is the product or service purchased (and I define this as the entirety of the relationship, the product includes advertising, the product or service itself, any supporting documentation, the website, customer service, basically any interaction between the consumer and the provider is part of the product).  In the context of this trend, it refers specifically to publisher content; the parameters and content that defines my search for a specific piece of information or publication speaks volumes about who I am, and is one of the most valuable elements of consumer data available. The consumer’s interaction with the publisher’s content is effectively handing the key to the kingdom to the publisher. The publishers then, oddly enough, immediately toss this data to the ad networks, where it immediately becomes diluted, taken out of context, and resold over and over.

There is a hierarchy of intimacy in any consumer transaction; the most direct connection is when it is just the buyer and seller, the least direct is when multi-channel or advertising networks enter the equation. The more entities involved in the transaction, the more diluted the relationship becomes, because more people are getting their little piece of the consumer. Because publishers are the source, they are in the perfect position to claim the moral high ground. Depending on what the publisher is offering (and we’ll skip the most obvious example), they have an unprecedented opportunity to genuinely connect with the customer. Why in the world would a publisher give something that valuable to an ad network? Money? They can make way more money by hanging onto the information and cultivating a profitable long-term relationship on their own. The ad networks are already picking up vast quantities of information as consumer troll the web, the additional data the publishers provide is a relative drop in the bucket to the ad network, but a relative gold mine to the publisher. It looks like publishers are finally starting to figure this out, and given the overall trends in publishing, not a moment too soon.

March 03, 2009

The Mobility of Rich Media Content

The mobile internet has been defined as the 7th mass media channel. For those unfamiliar with the expression, the prior six mass media channels are print, recordings, cinema, radio, television, and the internet, which is distinct from the mobile internet. What makes this particularly interesting are the usage numbers; 900 million personal computers in use at the end of 2007, 1.3 billion internet users, but over 3.3 billion mobile subscribers (including 798 million WAP users- the mobile version of the internet, and 2.4 billion people using their phones for SMS texting). Not only the usage numbers for mobile internet far larger, they are growing far faster than the numbers for the traditional (PC-centric) internet.

Why do these numbers matter? Because they indicate a permanent shift in how people receive and send information. It’s a reasonably safe assumption that if you’re reading this, you have a PC somewhere, which you access frequently. It’s an ironclad assumption you have a cell phone, which is always with you, and always on. Is your PC always with you and always on? Unlikely, even if it’s a small laptop.

In addition to the always on/always with you convenience of mobile devices, the other core influence for the mobile experience is the size of display real-state on a mobile device; the small footprint forces efficiency in visual communications. Combine that with text limitations of 140 characters per SMS message, and you have literally billions of people who are evolving to a lifestyle where they only receive information in bite-sized chunks.

Because mobile devices are now the dominant information tool for the mass-market, there is also a corollary shift underway in how information is created, managed, and delivered. This is one area where rich media component content management systems are actually ahead of the curve; these systems were designed against standards that demand a minimalist efficiency (such as DITA), and are set up on the assumption that fast access and pithy delivery are the key drivers.

Similar to the social sites need for a hierarchical rich media content management infrastructure, the mobile internet requires structured access to broad stores of information, but delivered with a more condensed payload, a faster cycle time, and lots more potential for re-use and syndication. Traditional CMS systems are going to find themselves in a world of hurt with this new model, while component content management vendors are going to be facing a near Greenfield opportunity.