5 Marketing Technology stories you might have missed 11-19-11

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MT5 – #13

Here are 5 Marketing Technology stories you might have missed. This week: online ads, mobile payments, ebook publishing and Microsoft toys with a new social network.

1. Socl – Microsoft is testing a social network

[link] Microsoft has a research project to test out a social media network it can call its own.

My Take: Yay! Another social media network!


2. The future of online advertising

[link] I love this story. It pretty much describes to a “T” how I feel about online advertising. Here are some great quotes:

one of the big reasons why online advertising has done so well is simply the negative one: online micropayments were a disaster, and never took off.

I’ve been looking at ads online for over 15 years now, and I’ve never wanted to click on one

It’s a known fact in advertising circles that only idiots click on ads — and yet advertisers still think that click-through rates mean something, and that a higher click-through rate means a better ad. It’s the measurement fallacy: people tend to think that what they can measure is what they want, just because they can measure it.

its quite astonishing, the degree to which we’ve collectively trained ourselves to ignore ads when we bring up a web page.

My Take: When I had to think about it, Felix is absolutely right. My eyes don’t see online advertisements and if I click on an ad, it was only by accident. The only ads I see are those that run before a video I want to watch – and everyone HATES those ads because they are commercials. So if online spends are a waste do you put all your money in print, TV, radio and outdoor display? Maybe not, check out the next article.

3. Flite – A cloud-based ad platform

[link] Flite provides a ad platform that allows the brand to use different media formats, including social media. The content can be changed in real-time. Click here to see an example.

My Take: This ad platform makes a lot of sense to me. Instead of paying someone do develop a static rich media ad you can buy a branded ad container where you can put in whitepapers, video, social media, etc. You can change the content as you need to and it allows you to integrate your online properties. Sounds pretty smart.

4. Square is tackling payment, publishing and loyalty

[link] Founded by twitter founder Jack Dorsey, Square started as a peer to peer payment app. From there Square is looking to move into other segments of the payment value chain. Square also has “Card Case” which is a payment system between merchants and customers [see video]

My Take: A cardless, cashless payment system seems great. I welcome the innovation, however, to start it looks like it will only be sensible in urban areas with lots of merchants and customers who find value in this disruption. I’m expecting this will take a long while to take hold.

5. How Ebook Lending Could Open Up New Marketing Opportunities

[link] You may have read that Amazon is providing new Kindle Fire owners with a trial subscription to Amazon Prime – a value add service that provides free two-day shipping, movie streaming and now a lending library.

My Take: This looks like Amazon is following the Apple playbook of hardware and software integration. [ipod + itunes] [kindle + Amazon store]. With so many options for online reading, I’m wondering how B2B players can best publish their materials to devices like the iPad, Android tablets and kindles.

GoMo is an initiative that aims to help businesses build mobile-friendly websites. And, in an era when three mobile devices are activated for every baby born on earth, GoMo couldn’t be timelier.

Consider these facts:

  • Web searches from mobile devices have increased 400% in the last two years.
  • Soon, more people will access the web from a mobile device than desktop computers.
  • Businesses can increase consumer engagement up to 85% with a mobile-optimized website.

But in spite of these compelling statistics, only 36% of American businesses have mobile friendly sites. Everyone else is missing out on a huge opportunity to reach customers in a new and very personal way.

As advertising professionals, this is exactly the kind of opportunity we should jump on. A campaign without a mobile strategy is really just not a complete campaign anymore. This is as rich and as crucial a field to be playing in as the internet itself was 15 years ago, and the time to do it is now.

And that’s where GoMo comes in. Visit the case study section of GoMo to learn more about how consumers use mobile and understand best practices for mobile sites. You can even run your site through the GoMoMeter for a personalized report on how to get mobile-friendly. Get smart about mobile, and get ready for a revolution in digital creative.

Republished with author's permission from original post.

John Refford
Natixis Global Asset Management
John Refford is a Financial Service professional with 17 years experience including 13 years management experience. John writes about Marketing Technology at his personal blog refford.com and at his personal twitter account @iamreff. His writings reflect his own opinions and not those of his employer.

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