Pinterest Success in 2012

I have been seeing bloggers refer to “pinning” images on Pinterest for a year or more and just recently I finally got an account started. Pinterest required linking to my FB profile which was a dealbreaker, but I deleted the app and unlinked it afterwards. I was curious as to why Pinterest was different than other mood board sites (polyvore) I had seen that didn’t really impress me. At the same time I have been reading more about how Pinterest drives more traffic to retailer sites than Google Images, how women are the primary audience and why Pinterest traffic has taken off like a space rocket.

My take on the site as a web analyst, a woman and a user of the site may be different than the media’s perceptions. I concentrate on the behaviors and uses of the site and have listed my opinons on their growth/success here:

Some reasons I think Pinterest has been a growing site:

1. Images do say more than a 1000 words – They can make you feel hopeful, creative, inspired and motivated. Great images move people. That is why good photography is both art and marketing at the same time. (think Flickr/Instagram) What happens when you want to see that powerful/inspiring image again? Do you bookmark it? With your other 1,000 bookmarks? Blogging it has been better, but not everyone wants to blog and some people frown on hotlinking in your posts although that is what Pinterest uses. Flickr has been great with it’s searchable favorites image list, but not everyone likes Flickr like I do. Some people just want to link other people’s photos and not upload their own. Facebook is ok if you want to blast your friends with all the images you save/share about your home remodel project and make everything archived by the borg, but I really think image saving/sharing is out of context on your personal branding page. Capturing and sharing this image information has had a tricky history and Pinterest solved a problem we didn’t know we had.

2. People are busy and ideas are fleeting – Maybe this is the ADHD generation? I am a GenXer. I have way too much to do, a reasonable income and a very short attention span. I have a hard time keeping track of things that aren’t completely essential and ideas are on that list. In a personal example: With my process of moving around a lot in the last few years, my confidence in the house decorating department was a bit threatened from being a bit out of practice. I have made up for it with a huge file of images saved on my computer from design blogs. It was an old school solution to needing a place to look for ideas from images I already filtered and liked. Did it create solutions for my house? Yep, several rooms in the new house have been redone based on color pallettes from those photos. But in a day I may only see 1-3 photos I like from 50+ interior design blogs. In a year that is a lot to comb through and it isn’t share-able offline nor is it accessible from anywhere. So, Pinterest has recently proved more accessible and more shareable for keeping these images. Plus it is free for now. I could see them evolving into suggesting ad based photos by retailers based on your tags/likes/pins in the future.

.

.

3. Trends/Decisions are easier to analyze when you have all the information from multiple sources in one place. I find it difficult to make buying decisions in this day and age because in most every category there are too many brands, products, colors, choices, prices and options to keep straight. (information overload) Making a pinning board for new shoes you are considering buying takes a lot less time than going to the 5 stores in your area and trying to decide that way or ordering online from Zappos and having to return them all. Plus you can save that pic of that shoe you love but don’t need right now for later. Side by side lists and comparisons make shopping a little easier, but in most cases these wishlists really work on selling to you and others. Someone recommends something, you loooove it, click-click-bought. That isn’t really a bad consumer strategy. I have found that if I ever pass on an item and want to look it up to buy later, it is impossible/gone  with how short the merch time is in stores (online and off) and how styles change so vastly that it may never be seen again. (yet the things you’re never very thrilled with seem to pop up again and again in many different stores). Items/Pictures that are popular on Pinterest may have more staying/selling power due to the large audience or they may be more trendy when people move on to the next micro trend. I am not sure yet because there is a lot of churn in products these days, some people consuming constantly, others stopping completely.

4. Like TED some ideas are worth sharing. I enjoy seeing what my friends have discovered and pinned. It tells me what they are into, what is new, what really good ideas/recipes they want to share and hopefully some of those ideas are good for me too. I have found some interesting clever solutions for household annoyances this way. True, this may just mirror the offline world where women would share tips on household stuff while chatting in the yard, but it makes sense for other subject matter/industries too as long as there aren’t proprietary info in the photos and there is a collective community sharing information. This could be a marketing strategy if you have real solutions your product offers and the story can be told in an image that looks real.

5. The biggest reason? Discovery is a process that a lot of us get a big burst of happy from. It doesn’t matter if it is online discovering photos, reading a magzine, watching a TV show, taking a vacation or creating something like artwork or crafts. Many of us have jobs that are pretty specialized and we do a short list of things for the company and don’t have a lot of variety or creativity in our daily lives. I have found that I need some form of creativity (writing, photography, art, dance, design) in order to be happy and I have a feeling that this may be the case for others too. Even the simulation of creativity by discovering and learning from photos of how to keep wrapping paper on the roll with a sliced toilet paper core haves us that Aha moment and makes us feel happier, smarter & more connected. All this in an easy to use format and without requiring much reading for the ADHD generations.

6. Another reason it may be growing is that Pinterest is very accessible on iPads which can go anywhere in the home when you have time to look at it. (the app is just fair, I prefer the full site in the browser on an iPad) It is a guilty pleasure just like celeb blogs on some level. I think mobile/tablet use is making the site more addictive although probably not the main reason for it’s success. Now that retailers (Etsy) has added pin it button to their listings pages I hope more retailers do this to help promote their products. One thing is clear though, it will take 500+ views and likes before you find someone ready to buy, and you will probably have to have some familiarity/trust built with them first. Most people do a lot of window shopping/dreaming on the site, a lot more than buying. But that is part of marketing, getting the word out in the first place, or as some say, creating the need. A large enough audience may just be able to significantly impact sales too.

7. The more I think about it there are more reasons that this site works well and attracts people so quickly. An element of new sites that often works well is keeping the interface simple and the navigation self explanitory. (especially with people who don’t have a lot of time or patience) In this case the content/images take center stage and the navigation/functionality is uber simple and almost in the background. If/when they would like to expand on it they can build more complexity over time and teach the audience along the path to more features just as/or before they get bored with the current ones. Facebook has done this pretty well and has been able to innovate its way ahead of many other sites.

Any other reasons you think Pinterest is growing so quickly?

The Future of Marketing

I’ve been thinking about the future of advertising & marketing lately sincem y boss is off to SXSW this week. I’ve found that in the last decade there is a new trend that takes over as the next-big-thing in online marketing every 2 years.

Before that, the TV/Radio/Print models lasted for about 50 years. I used to think that we were looking for the next big model/philosophy for advertising and things would settle into a steady pattern for the next 20 years but I am beginning to doubt that is going to be possible.

Either we’re still evolving or we’re going to always be evolving from now on. I don’t see any stopping in the development of new devices that use the internet nor the methods in how people use them.

This could prove exhausting for companies having to add another “expert” to their teams every year or so instead of making sure their staff has time to learn on the job, which they really should do. It also means that unless there is a new person or time to learn for companies, their effective advertising will become less effective every year they use it just because behavior is changing so rapidly.

A look at what is hot now and what has been popular in the last 10 years.

Facebook seemed to be the biggest advertising/marketing trend of the year in 2010 and companies I work with have jumped on the bandwagon in 2010-2011. I think this is definitely where people are online for a large chunk of their day, turning it into a communication channel for your company isn’t as easy as it looks. I’ve been on FB since they opened it to people with a company email address and I have been hesitant to share that much personal info with a public database like that but the general public seems to either keep it fluffy in content or not care. Ads on the site do generate interest, but at lower click through rates than any other ad medium I’ve seen.

Twitter has also become laser-hot in the last 2 years and has exploded because of celebrity use and the popularity explosion of smartphones on the US market. Direct P2P marketing is the main method if twitter use in my opinion, and they really don’t charge for it in any way. The downsides here are that your tweets are really only alive for 1 day and then they die, and are taken out of the searchable database if someone is not a subscriber.

Blogs have been all the rage for the last 2-4 years but people have backed off lately because content farms were really making them look bad, content is expensive/time consuming to produce and all the blog ad networks that provided a reliable income from it have either gone under or are paying less than 20% of what they used to or have no inventory. So even if you’re hosting for $10 per month and paying some person in india $5 per article you really can’t make the Google AdSense $ to cover it anymore, and there are few networks paying more than $0.25 per CPM. And since you’re less likley to get blog traffic via search these days you have to build a loyal following, and that is either long hours researching cutting edge news content/analysis or going out and shaking a lot of hands in person. Bloggers typically don’t like people all that much. Also, RSS push notifications were supposed to make Blogs portable to any reader anwhere and instead they just became geeky things body understood and nobody used. Bummer. WordPress (and earlier TypePad and Blogger) were the real catalysts here. They gave regular non-programming people the ability to publish anything they want on the web for free without programming a site or knowing HTML. It was revolutionary until we all remembered how hard the Newspaper business really is and how it is far too time consuming to be profitable. Real bloggers blog because they love it, not to make money. Blogs are also a great way to publish content for free if your business is content, that’s not going away anytime soon.

Blogs were super valuable when they were super influential for Search. Search engines were the marketing darling of 2004-2006 and have slid in ROI ever since. Google has made higher minimum bids a regular practice and people have become desensitized to ads. These super targeted ways of reaching people with relevance have also been taken over by giant companies that used them for branding rather than content relevance and watered down their effectiveness. People have also noticed the spam in search and trust Google results less knowing people work the system. Some blogs gained traction as content/news sources that people subscribed to instead of newspapers and propelled real people into the reporting limelight, the rest became archives of people’s personal lives or were spammy and forgotten. Some people will probably stay with search as their core online activity for the rest of their lives because it made such an impact, but others are moving on.

SEO has been the secret marketing tactic of the last 5 years and it has only lasted that long because it has been so hard to build links for SEO and figure out how the algorithm has changed. Lately though companies have been gaming it more than ever and there is too much knowledge on how to Google Bomb something and people know garbage results when they see them. So, there has been more trust transferred to social networks where people rely on their network of friends to filter the news and just pass on what is really meaningful. This method isn’t about discovery or archiving like search was, it is about instant feedback and the trust of the people you know. Bing has not gained much traction and with Google as the only worldwide player, they will continue to do what they want to maximize profits and favor big companies rather than work on the algorithm and better understanding how people want information. SEO will always be needed and always be challenging.

Email is the old skool way to do things online and time spent in email these days is dropping significantly. People have taken their communication with friends to FB & Twitter and we know how to read/process email a lot faster than we did years ago, so less time is needed. Yet it is still the main method of communication/task management for businesses because of the electronic paper trail it creates for projects/accountability. Real Spam, marketing spam, inbox “work” association and other instant means of communication over the years have tarnished Email’s image. That said, millions of people are still tied to their email as an official method of communication that can reach the most people because it has been around the longest.

Analytics is also a trend but in my opinion this has been the most consistent of all in the last 10 years. It is basically looking at and interpreting data from websites and advertising campaigns and making sense of them in a way to make positive changes in the media/ad choices and web content/development to better serve customer’s and the companies’ needs. I hope more analytics programs allow better/easier integration with all links/ads/impressions across the web because this is the key to understanding customers. There have not been many companies willing to get into this ginormous database product area over the years because it is so costly and complicated to get it right. The looming battle over cookies and privacy could change some of the validity of the data if it means that we lose 50% of the data on visitors. More disclosure is needed with consumers to get a better understanding of how these systems work in order to overcome this.

Display Advertising online is the unpopular element to talk about here but this type of ad had grown dramatically in the last decade. You may think back to old times when Gator or WeatherBug installed spyware on your computer from banners and wonder how it would grow. Well a lot has changed. Seriously. As soon as post impression conversion tracking was created we understood that people see and read banners even though they don’t usually click. Waiting for someone to click is pointless in banner advertising. If you track who views each ad (with a random ID number in a cookie) and then who converts and lands on the thank you for purchasing page that is all you need to know. In this space we’ve also seen advances in brhavioral targeting based on demographic data people share with networks (Like your Yahoo or Google profiles) and retargeting based on which sites you’ve visited in the past and may be interested in again. The end result is that Display advertising works, but only if you buy a lot of it. Like millions of impressions and you track from the impression through conversion and not just the click.

Some recent trends that have fizzled are:

Surveys/Customer sentiment measurement gauges. They’re more annoying than useful for the consumer, pretty much a waste of time even with some small incentive. Unless you pay someone $10-$20 they’re not going to care enough to tell you the truth. Nobody wants to say something negative that gets someone else’s job in trouble. If you pay attention to your feedback through customer service you will probably find out more useful information.

Feedback/Comments/Rating Systems. These are a good tool if you have an engaged customer base. I’ve seen some work well like Amazon and Nordstrom, but others like travel sites and restaurant ratings just get slurped into Google as content and your site doesn’t benefit from the functionality. People do trust ratings from customers (real people) more than ads or third party rating systems.

IM Instant Messenger. Some people still use IM as a method of chat, but it never became the hub for activity that we thought it would. AIM and Yahoo had it after ICQ and never really capitalized on it. GMail and Facebook added this as an additional functionality making the original IM programs kinda obsolete when people could do everything in one place.  Skype is the one standalone place this may live on. Skype’s claim to fame is video calls via internet and free voice over internet calls to anyone else online with Skype. Yahoo IM does this too but nobody really seems to use it there. Maybe they should have had that featured in their TV commercials.

Affiliate networks. These were all the rage in 2003-2004 and they have been a big reason for the prevalence of spam in blogs, social networks and search. Farming your online marketing out to people who are not responsible for the brand of your company and will do anything to make a buck is an invitation to get played. A lot of the payouts have dropped from these systems have been shut down or have less than 20% of the payout they once did for a conversion/lead. The message here, don’t trust anyone who says it’s “easy”. Some high level revenue sharing or lead trading relationships between large companies make sense but should always be handled in person by people not through 3rd party electronic networks.

Video may be a success for many people (including cats) but for most of us (and companies) it is still out of reach and vastly misunderstood. From a behavior standpoint, people can’t watch video/audio at work while at their desk because it is too noticeable that they’re not working (the largest audience base that the internet has) and the video content is not searchable because there is no transcription of the content automatically to make it searchable or translateable into different languages. Most people don’t know how to edit video and companies don’t want to pay thousands of dollars for this either. Editors may also have a tough job going through thousands of hours of content in the future to find the meaningful stuff. Professional content creators like TV/Movie studios still have the upperhand here in creating really good quality video and we may not have affordable tools and education for a while yet. Monetizing it is another problem and YouTube is an example of really popular sites not making enough money to really pay the bills since they rely on Google to subsidize them. I think Video may get easier if there are good online video editors (with good tutorials) that become available cheaply.

The Question & Answer format completed by volunteers/users of the site. Yahoo Answers is moderately successful from a search perspective but the general public never caught on and a lot of the answers were pretty bad. I never understood why companies never took advantage of answering questions as a way to create permanent links to their site for people looking for their products/solutions. Now Quora is trying to do the same thing somehow combined with Twitter. More companies seem to be embracing it but again the success of the site depends on the quality of the answers and without paying someone how good do you think it will be when the newness wears off?

Wikis. I wanted Wikis to be big. I am such a fan of Wikipedia and I also work in an industry where sharing content is a daily occurence. Wikis help when you need a reference material to be updateable quickly within a group. It served the encyclopedia niche really well and not many other companies needed something like this.

Now that I have rehashed the past and the present, where does that leave us on the footsteps of SXSW needing to understand what is next?  Some ideas I have may not be fully developed, but that is what the future is all about, speculating.

1. We need more databases, more user friendly-visually configurable-cheap-secure-web based databases. We have a lack of public knowledge about how to collect, maintain and report on multiple databases in marketing. This has only been for the IT and Web departments in the past, we need to free the data to become accessible to more people, although probably not everyone wants that. Some people may find that overwhelming and it does take experience to understand multiple layers of marketing and the effects it has on the data. We also need to find more user friendly ways to link separate database systems like analytics with accounting or orders and web ad servers. We need to resolve traffic flow/identity across all of them in order to understand things better, and we need more processing power to do this. It is also getting easier to collect data at so many points in everyone’s day on so many networks. We need ways to process all these potential new forms of data from wearable sensors to car/directional related sensors to all the video people post online that has no text for content. Basically we need to find better ways to process and understand all this data.

2. Mobile use is exploding but in my opinion very few web functions work well on phones due to the small screen and the variable network connectivity. Email works, Facebook also works. Twitter was made for phones. Advertising was not. How to monetize this channel is a challenge, as is how to reach new consumers in a relevant way while on these devices. One thing is clear, a mobile phone is with someone all the time, possibly even while they sleep, and people very loyal to their smartphones. The checkin-foursquare thing has caught on for some functions and some needs but it is not widely excepted. (more relevant to brick and mortar businesses offline) There is still frustration when full website functionality isn’t included in a mobile design and there is confusion between apps and mobile websites for consumers and marketers. This all may get resolved in time because of popularity. A Nielsen poll found that 41% of the respondents used their cell phone in the bathroom. We’re also not sure if tablet computers fit into this category or not yet. We will see more advertising opportunity on Mobile in the future but it should always be paired with regular Display & Search advertising (and offline) to make the connection.

3. Cloud computing, bye to VPNs and servers and hello to clouds. Also hello to more hacking, more data loss and more outsourcing of IT jobs to somewhere else. This can be a good technology to make your content/data/work available wherever you are.

4. QR codes, maybe? Eh? We get how to use them, not sure what the point is for the consumer? Coupons? Wireless rewards points systems? How do you get this data into your existing order and web analytics database systems?

5. Internet on TV and vice versa. The internet being an on demand database of content you can choose to watch at any time makes a programming schedule obsolete. Live events will have a certain lure but otherwise people will use Google TV, Apple TV, Netflix to access content while using the web in their living rooms all at the same time. Video chat will be better when its on your TV too. This will be very tricky for advertisers. In an on-demand world nobody will wait for a commercial anymore and it will have to be all subscription based. Companies will have to partner with content creators to get products seen, mentioned if there are no commercials.

6. Fragmentation. People may get tired of the constant need to reformulate their entire communication method with family/friends/work every two years and just pick something and stick with it at some point, but in the mean time we will have a lot of noise from a lot of signals all clamoring for a consumer’s attention and that means that they listen less to each of them. This makes marketers have to work harder to be louder and more frequent in their messaging and in turn makes consumers turn it off or change methods yet again. I find that to combat fragmentation you have to advertise on more mediums to be seen in more places. Billboards, Radio, Online & Mobile for example all at 4:30 pm advertising the evening news.

7. Task management – this is the factorization of web and white collar workers. Log into a closed system and a task list tells you what you have to do today and how long you have to do it. No critical thinking allowed without flexibility and more of a contractual-short term-task relationship with highly skilled workers. This could mean people work from home from anywhere, but forget the benefits of collaboration or connection with your job. It may improve productivity to a point, but at some point it is hard to motivate someone to do something as fast as possible when they’re not personally invested in the business (or getting rewarded that way) and working remotely.

8. Digital Archives – People are not able to really keep tabs on all the digital information in their lives. I feel this with digital photos. If Flickr didn’t exist with all my photos tagged and dated I wouldn’t be able to find anything with image names like DCIM21531 and file folders of random events on my computer that aren’t backed up. (ok that isn’t true, my tech husband just started an automated backup on an external drive he put away in a safe place, but until now it had never happened before). What about medical records for someone’s entire life history? What about family history? Emails, correspondence, daily diary blogs and other forms of electronic data? My brain can’t really remember everything and creating an archive to refer back to is an appealing idea. I also feel like I need a secure place to subscribe to in order to save/manage all this content and I’d pay for it gladly. Especially f they sent me a backup version of it on a drive in the mail. It also would serve as an archive for people if someone passes away.

9. Content managers – they used to be called Editors and paid a lot more money. Now they get paid to know the content subject matter and be an expert and may be responsible for writing the content themselves.

New Media and New Information Paradigms

I have been hearing about the demise of the newspapers, the rise of search/social networking/new media and the internet fragmentation concept for years now. (almost a decade?) And I just read about it again today with the newspapers secretly meeting to try and sort out monetization methods to save their business. At the same time I am a Guinea pig living through this time of change/shift in how people find information, use information and consume things. Here are some of my observations although not in a concise dissertation format yet. 

• We are at an odd time in internet evolution, on pause between big developments. We got email, IM, web sites, RSS feeds, Blogs, social networking and now Twitter. We don’t need more services or ways to interact on the web. We need better all inclusive ways to connect and consume all in one. Ways to make the experience more relevant and more inclusive of many kinds of content at the same time. Not wasting our time.
• I can’t help but notice that at 33 I have never really “read” a newspaper. This indicates to me that newspapers were not that important back in the 1980’s to my generation when their profits were healthy and the internet was but a dream for most of us. (Except being something to line litter boxes and bird cages with.) I hate the size format, I hate the ink and I always have. I actually like the ads though, especially the Sunday fliers. 
• Weeks go by without my watching any TV. This started about 3 years ago when I got high speed internet. It’s not that I don’t like TV, I just don’t have time to sit for 2 hours plus and I know if i sit down I won’t get up and get anything accomplished in the evening/weekend. And I don’t like overly repetitive things. I was watching the sell that house shows on HGTV to get ideas about how to sell mine and after about 3 I got it and didn’t need to watch any more. Reruns aren’t nostalgic to me really, more just boring. And reruns is all Cable TV is about.
• The only TV I will drop everything for is Top Gear UK. When it is in Season we trek over to my parent’s house and watch wwith extended family weekly. Everybody drops everything to watch that show. It makes you laugh, it makes you dream of fancy cars and it inspires you to take grand adventures regardless of what the outcome is.
• This leads me to a general cluelessness about a lot of local and newsworthy (?) events. Things like buses that are Hijacked and what the weather will be tomorrow. I also find that these things weren’t essential to me in the first place. I carry an umbrella, what’s the big deal?
• I find myself focusing on things I’m interested in. Maybe this is the political polarization people speak of? I read my marketing emails/newsletters/blogs as well as home design blogs and write my own blog as well. I check status on Facebook/Twitter/Flickr and maybe update if I have something interesting to say. And I work a lot. I also am always investigating 2-3 new directions for my work/career. Not all of them pan out, but they help me figure out what is evolving that I need to know about.
• I do still use the phone (yes the land line). It is the best way to reach my parents and Steve’s parents. Steve’s parents email but mine are not really into it. And we try and go visit once a week in person. In person time still matters.
• I am a book reader because I am a train commuter. I have been for years now and it has created a small library of business/marketing/analysis books. I order from amazon when I see something I like and then go consult the pile of books for something new.
• And that is all I have time for. Now with a husband (fiancee really for one more month), 3 cats, 4 litter boxes, a yard, wedding planning, condo selling, house hunting, family organizing, laundry, food shopping & cooking I am overbooked. I don’t even get to skype/call my friends very often. A party invite seems really daunting these days with the schedule we keep.
• I wonder about new media uses and if we will really care about anything not personally relevant to us in the future? Will a police chase matter to everyone in Chicago or just the people who live by the highway where it happens? Will we be less distract-able by sensational news and distracting entertainment? Will we be able to channel the news, information and analysis we really need into our lives and ignore the products/content we really don’t care about?
• On the other side of the coin, how will we ever discover new things? I find myself looking to find out what is happening on the internet a few times a week and look to Google News and the Yahoo home page. Not the Trib. Yet somehow the list at these sites is always limited and not really anything relevant either.
• There has to be something in-between a completely open fire hose of information and one select rss feed with just content from one niche area. There has to be some middle ground between being hijacked by ads for 20 minutes of a 60 minute program on TV and not knowing at all where to find a dress for my rehearsal dinner when my usual 5 clothing websites didn’t pan out. (who has time to go to a mall?) ((and why does Google shopping suck when the main search is generally good??))
• People won’t pay for news. Period. They will pay for some kind of extra relevant cool service though. They will pay for innovation, new products that are noticeably better for some reason. Things that simplify your life.
• Ads should not be integrated more with content as if they were the content. It blurs the line in what is really true and what is marketing speak. And although they may pay the bills for a while, people will eventually figure it out and abandon that medium that does this.
• We need another search player. Google is not enough and although they do some things well, I am not a fan of everything they create. I would like more companies to work on real time indexing of information as well as historical archiving to keep information accessible if anything happens to Google’s accessibility. At some point people will be so hooked they will be able to charge for a (low cost) subscription to the search engine itself. 
• More people need web enabled phones with internet use active. I just read yesterday that out of 57 million people in the US with internet capable mobile phones only 18 million have internet enabled! (netpop stat comparing us to China) 31.5% of the people with internet use phones don’t even pay for internet access? (only 13% of all the cell phones total) This is a huge hurdle to making info more relevant and accessible because people carry their phones everywhere. Things like bigger screens, flatter profiles and easier software app use on these phones will help the adoption rates improve. 
• Identity management and security is also a problem. We might like something like OpenID but only if sites still allow anonymous comments too. Privacy and being able to say something important without being hunted down in person for your opinion necessary for getting people to adopt this identity management software and make our lives easier between all the hundreds of web sites and e-commerce activities we do in a day and consolidating that information for our own personal use.   
• Data mining is going to have to improve. If statistics are wrong 25% of the time like stated in the Numerati book, we really need to combine automated data crunching with human decisions about data more often. Numbers are meaningless without someones explanation. This completely changes what and how data is configured, crunched and reported and can determine/undermine your results even if you manage to collect it perfectly.
• All this plus the only way out of a recession is through innovation. We’re waiting.

Can ordinary people manage the risk in the stock market for their retirement?

I am beginning to think there is no way an average American can invest in the market and make any money for their retirement in a 401K. I was reading this morning that 5 and 10 year returns in the portfolios of most mutual funds are negative now when they calculated in the huge losses from recessions in 2001 and 2008 and the beginning of 2009. (Q1 hasn’t been kind) 

As an investor (for my 401K) I look at that and say: yuck! Why would I put my money in something that has no long term value?

My fiance sent me this article saying that now 20 and 30 years are the benchmarks for best overall performance in mutual funds and stocks in the market. Yikes! 20-30 years? Who has that much time before retirement? Who can invest for that long anyway?

When you consider that most people’s salary starts dropping when they reach their 50’s (because employers don’t value old employees and can’t spend time/money updating their skills) you really have 25 years max to work with as far as investments for retirement.

You start your first real paying job with a 401K at age 25 and you may not be fully employable by age 50 although you will likely live to the age of 80 or 90.  There’s your 25 years to save and invest for 30-50 years of retirement.

I also think there is something else going on here affecting the 20-30 year market profit numbers. The US Markets benefited from a long term technology/innovation and growth curve from WWII to the 1980s. Personally, I think that was a one time deal and we will never see that kind of long term prosperity again.

Why? 1. Because we don’t understand enough about technology to innovate on that level again to create that much growth. 2. Because the US has higher paid workers than anywhere else in the world and everything gets manufactured and produced (and serviced) somewhere else. 3. Because we’re too complacent and have too much entitlement as a country of workers. Work creates wealth, not shell games with securities.

That brings up another point: We’ve been playing a shell game with our economy since the 1980’s. De-regulate, re-regulate, stimulus, fix, fund, trade, outsource, sell, leverage, whatever… It’s all a shell game to us worker bees and the internet has been the only significant improvement in technology to create new industries and jobs in the last 20 years. We need more than that to survive and prosper as a nation and a world.

I don’t know about you but I can’t stand to take that much risk with my money. I have some in a 401K but mostly my retirement is locked in a 5 year CD IRA at 5.25% that was a promotion this fall when banks wanted more cash reserves. I changed companies in 2006 and rolled over the old 401K to a bank in 2007 because I knew the 10 year recession was coming soon and I didn’t want to risk timing it.

There will always be people who game the market and come out ahead, but those of us without finance degrees, huge money to invest in undervalued markets or inside scoops will never really profit on the whole. Many of us will get out exactly what we put in and maybe less considering our lack of  investment prowess. So, in that level of risky why not just put it in the bank? Positive 3-5% sounds a lot better than negative 40%.

I hate the inflation argument that says that 3-5% isn’t enough to make money after inflation. Guess what? Inflation has been very low and inflation doesn’t stop when you have negative returns either. I’d rather have some money dependably than none at all when prices are higher. 

You may be asking why I want more innovation and less investment in the market? Doesn’t investment in the market lead to more innovation?

NO. Most of the mutual finds and stocks you can buy that are highly rated are in huge old (one trick pony) risk averse companies that have already peaked and can’t figure out how to do anything new. They sell shares to raise cash and then have old people make decisions like the old days. Venture Capital,  new small businesses and Universities are the place where innovation happens. If I could invest in those, I would. But then again I don’t have millions of dollars and apparently I won’t any time soon.

What are the best proven ways to fund your retirement and create wealth then?

1. Have a side job for extra income you can save (part-time weekends or evenings a few nights a week)

2. Own rental property for extra income (you need to live near it for this to work)

3. Have fewer kids if you’re contemplating having a family (ok we don’t always control this, and we love kids, but nobody is going to debate that they are expensive) 

4. Own a smaller home (smaller mortgage = smaller amount in interest paid (lost) to the bank)

5. Don’t go into debt on credit cards or car loans (hello! 25% interest, MONTHLY! on some cards)

6. Live frugally generally, keep your cars 10 years, don’t buy new clothes every month and don’t buy big ticket items like TVs and Computers every few years. Spread out the expenses over the long term.

7. Share what you have with others. Seriously, knowledge, help with projects, donating time and donating items you no longer need, as well as hand me downs between families help kids and neighbors live better within their means and help the community live better too.

8. Take care of your health. Eat less junk, lower fat, lower salt, lower carbs. Exercise daily. Take vitamins. Don’t work in an industry that has a side effect of cancer. Visit the doctor regularly and if something comes up treat it early, it will cost so much less in the long run. Heath issues start in your 30’s and get more frequent in the 40’s, 50’s and 60’s. Expect to pay more every decade for health costs in your life/budget.

These are all real tactical changes we can make to save more money monthy and yearly that will get better returns than the stock market and help prepare for inflation. What else do you think can help?

How GM should restructure for a Government Bailout and streamline Brands and Cars

How can GM save itself from Implosion? Which GM brands and cars should bekept and which should be cut?How many jobs can be saved in Detroit? Should GM, Ford and Chrysler be saved at all? Will the consumer demand for vehicles (cars) ever pick back up again? These are all good questions.

Everyone is all a buzz about the American Car companies and their pitch to the Government saying that “bankruptcy isn’t and option” so give us billions in free money that has no strings attached and we can spend on anything we want. Ouch! I think congress was right to send them packing the last time they showed up in private jets and asked for money, and we have learned that in the other bailouts, the banks aren’t spending their money on what it was “proposed” for so more oversight is needed for any government bailouts of companies.

Back to my thoughts on GM specifically, since I am not an expert on Ford or Chrysler.

GM has some opportunities to be successful in the future but much of that opportunity comes at the cost of getting rid of the past, completely and starting over from scratch.

Almost every GM car or truck sold in the last 10 years has been either: inferior in quality, reputation or design. They also tend to make cars for segments that people don’t need and then wonder why people won’t buy them even when pushed. (Hello: SUVs) I read yesterday that the 4 brands that GM intends to keep are Buick (yay!), Cadillac (ok), Chevy (a necessity) and GMC (WTF?). 

I think they should throw all the brands out and come out with 5 new ones with distinctive market segments and niche products. Here are the segments in automobiles that I think will be big in 10 years that GM or any car company needs to invest in, and cut everything else:

1. The new shiny reliable car below $8,999. Developing countries and low income people in developed nations will need this kind of transportation as the cost of transportation increases consistently. (think college kids and retail hourly wage workers) It isn’t sexy or cool or updated every year. It is a 5 year design of an extremely reliable and simple car and only available in 1 color and maybe with 2 seats. If people want variety they can customize on their own. These cars are cheap super basic transportation and low cost is what sells them and fuel efficiency is also important. They have to be more reliable than a used car or this won’t work. Think old VW Beetle, Geo Metro, India’s Tata, China’s Cherry Motors or simpler version of a Honda Civic/fit.

2. Super eco friendly green cars. This segment has a product range from cheap eco friendly basic cars to luxury eco friendly status comfort cars. Performance isn’t really a priority but style and design is. Comfort comes at a price but miles per gallon is always in the 50-75 mpg range for all vehicles. Leather heated seats is an option on the lux ones. Think Toyota Prius and GM Volt. A 5-door option is nice here too. Eco people are practical people. Plug in charging in your garage and solar panels in roof are also great pluses if the cost can still be comparable to a non-eco car. People need to have one of the eco cars start at $15,000.00. Then fancier ones can be higher priced. Pricing people out of the market is bad for business, you loose sales and customers to people who do have the affordable eco cars.

3. Business/Industrial/Delivery Trucks & Vans. No consumer needs a truck unless they live in the mountains of Colorado or live on a ranch, but telling people they needed huge over-sized utility vehicles for their family use has been a strategy used in the past 15 years to re-purpose existing designs to new markets. This era is over and the SUV needs to die except for people who have 5 kids. (relatively few) There is a continued opportunity to sell trucks to businesses that deliver, transport and create large products in the US but it is a far smaller division of the company and of sales. And living in the US and seeing firsthand how people use these vehicles for business should give GM an insight that the Japanese, Chinese and German car companies don’t have and lead to building and innovating better vehicles.

4. And most importantly: The everybody car. I think GM has no way of recapturing a significant part of the 4 door family sedan but there is an opportunity to innovate it. There have been a few cars that are appealing to everybody because they contain multiple category characteristics. (um, crossovers without the truck part plus luxury) The everybody car I am talking about is the 5 door hatchback sedan. Don’t think 1970’s! Think of the Prius and Saab 9-3 when it was a 5 door, think Subaru WRX. More needs to be done in developing practical sexy cars like this because they take over where SUVs left off. You can haul things in them and get good fuel economy at the same time. You can even structure them for performance and luxury and fuel economy at the same time. So, the 5-door sport/luxury/green/family sedan is the everybody car of the future. Will GM make it and market it properly? (it could be the volt if they lux it up a bit)

5. The Luxury Performance car. Lastly, GM needs a super-car or luxury flagship vehicle that basically walks on water and inspires a generation. (more than the Pontiac solstice) These cars aren’t always profitable themselves, but they make the other brands you own more profitable and can make your brand one that people believe in. How Toyota and Honda don’t have one I don’t know, but maybe that is why they do so much racing now?  The Corvette makes Chevy feel cool, the R8 made Audi sought after. Vipers dying off made Chrysler seem even less cool and less reliable. Plus so few people will be able to afford a luxury performance car in the future that this will need to be a niche business with limited production.

And for fun here is what I think of the brands GM currently has:

Keeping Buick: Buick makes an extremely reliable car (yes like Honda/Toyota reliable) so this is a good place to start and they get 25-30 MPG. What Buick needs is a few smaller car options and even better fuel economy without sacrificing the comfort, luxury and quality that people need and love. They do need a new logo though, that doesn’t look like the 3 old 80’s shields.

Keeping Cadillac: Caddy is all about Flagship dream cars and it may share a few parts with Buick so there are manufacturing cost efficiencies there.  Caddy needs to keep innovating on performance, style and (surprise) eco materials and fuel economy.

Keeping Chevrolet: Chevy has been the all American fleet of everything (soup-to-nuts) vehicles for a long time. Many of the other brands aren’t needed because Chevy offers most everything. They cover work trucks, family sedans, performance cars with the Vette and with the Volt an eco car of the future. They should make them less fugly though, because they aren’t selling against other lux GM brands anymore, they are selling against Toyota and Honda’s flagship cars. 

Keeping GMC: Wouldn’t it have better to just sell trucks under one brand as Chevrolet since we need so few trucks? I am at a loss on this one. GMC offers nothing new, interesting or innovative at all. (yuck)

Cutting Saturn: Apparently this is just Opel cars from Europe now.  The Saturn brand name needs to die since it means cheap, flimsy, crappy, cars that break down a lot and are ugly. Re-release Opels under the Opel name? How about Vauxhall in the US? We like them.

Cutting Pontiac: Well Pontiac has been loosing it’s battle to streamline its designs and be a sleeker performance division of GM because of it’s cheap finishes and lack of quality. Plus the dealers don’t really help here either when they don’t look like a performance dealership. I think the concept of performance only exists at the same time with luxury because who will pay all that money and not want to be comfortable in their car? And quality in finishes and reliability is ultra important. As Pontiac is now, it should be cut and their logo scrapped.

Cutting Hummer; Duh! Sell it to the Norwegians or Russians or UAE or something. Wherever it is cold and has mountains or endless oil. The military division of Hummer should be retained and put into Chevy for developing military/industrial products.

Cutting: SAAB Well we saw this coming. They made an over engineered car un-reliable so GM deserves this one. From personal experience I will never buy another Saab again because of the reliability problems and obviously no one else is either. This is typical GM strategy, cut quality, save money, increase profits in the short term, piss off customers, loose customers, wonder why they can’t win customers back after costing them 5K in repair bills. Basically if you screw someone over financially once, they never forget it. This should not have happened because Saab had a lot of potential, but it’s pretty impossible to fix now.

 

Hallmark Keepsake Christmas Ornaments & Website Issues

I have been a Hallmark Keepsake Christmas Ornament fan since the late 1980’s when we discovered them. I was in Jr high at the time and the thought that a Christmas tree ornament could commemorate anything you want it to was liberating and fun. We ended up buying several ornaments each year until we had a full Christmas tree of just Hallmark Ornaments and white lights. We still buy hallmark keepsake ornaments every Christmas if they continue the series that we like. The classic cars, classic trucks and classic historic airplanes are three that my brother collects. He is determined to have a transportation only tree at some point, and after 15 years he is getting close to that. My mom and I prefer more winter and holiday themed ornaments and have bought some of the light and magic hallmark Christmas ornaments over the years.

This year might be the one exception to the rule, and it is mostly Hallmark’s fault. For some reason they don’t carry hallmark Christmas ornaments at Jewel food stores anymore. Maybe they aren’t as popular anymore? Maybe people have gotten tired of collecting them? Anyway there are also no Hallmark stores in downtown Chicago where I work and none in Oak Park where I live. So, trekking out to get these is getting more complicated. I wanted to order them on the Hallmark Website and in addition to the site being horribly organized and impossible to finding things THEY DON”T EVEN SELL THEM ONLINE!!! (what kind of organization system classifies ornaments by which series is starting and ending when everyone else just knows them by the cars theme? or their subject matter)  WTF? Why wouldn’t a site like Hallmark have an ecommerce site? After all they have done to promote their brand they use the website just to drive people to an offline store? Have they learned nothing about the Internet since 1996??

I am an internet marketer so this is my business to know how people use the internet and what they want, and I can tell you for sure they do not want to have to shut off the computer, find their car keys and drive an hour to a flipping store. It is called point and click buying and last year more than 31 BILLION dollars were projected to get exchanged for goods online at Christmas. Why would Hallmark not want a piece of the pie? I think old people making risk averse decisions like this for a large company (who don’t know how or want to spend money to develop a website) end up screwing the company in the long run as they totally alienate the younger demographic. I can’t see the myspace or facebook generation being lured to a store to buy something when they twitter that they have to go to the bathroom online. I wish Hallmark would wake up and smell the propane and get with the way real people do business and shopping online.

National Marketing Email Unsubscribe Day September 1st on Labor Day

Get your life back (and time) from your inbox. Unsubscribe from email newsletters and marketing messages on Labor Day September 1st.

I am proposing that everyone take (an hour or so of) time on Labor Day to clean out your overloaded email boxes and unsubscribe to the emails you always delete or file to read and never come back to. If you have not read it in a month or longer or you delete the email newsletter or marketing messages every time you see them, just scroll down to the end of the email window and click the unsubscribe link.

I think that everyone has the best intentions when they subscribe to email newsletters and marketing messages. I have subscribedto a lot of them over the years and only this week did I finally get to my breaking point when hundreds of messages were commonplace after only a few days away from the computer. Most were from companies I had purchased things from in the past, social networking sites that send you an email every time something happens, blogs which send updates via feedblitz and news sites that send news and links as they happen. Oh and the ubiquitous google alert on anything I was a fan of or working on at that moment. There were also some marketing newsletters from publications that write about the industry that I work in but as time has gone on some were relevant and others, not so much. Sometimes you also have to subscribe to and email newsletter in order try it and see what info they send. If you get all kinds of stuff that isn’t helpful, it’s time to unsubscribe.

I am guessing I unsubscribed to around 100 email newsletters. Everything from travel sites with airfare updates to flights to Paris to the Anthropologie and Nordstrom sale newsletters. (I’m sad to see those go but I never buy anything there, too expensive) I aim to take back the 3-4 hours a week it took to weed through all these alerts and updates on everything from celebrity news to Chicago entertainment options. I still get some alerts and some emails I am actually using but we will see if I can weed it out further and regain another hour of my week back.

If you think about it, you only have so much free time after work and why would you want to be mildly entertained by marketing messages when you could be out living your life? Or writing your own email messages to real live humans.

Update: I went from 150 messages in a weekend and 100 messages a day to 45 messages in a weekend and about 40 messages per day in the email account that was in question. I still have another email account I have not completley pruned and my work email that also needs pruning but this is a start! Information overload and email overload have been taking place too long. I aim to get my time and life back.

Update: I just spent the last 2 months ignoring this email box after it was initially pruned. What happened? I got 2,000 email messages and had to spend my christmas vacation cleaning it out. I took about 3 hours on 12/20 and about 3 hours on 12/29 to read, skim, file, delete and unsubscribe through this list of 2,000 emails. I also had to change alerts to weekly from daily and reroute some newsletters that are useful to a new email address I use more often. I hope now that the box won’t need as much maintenance but as soon as I get the list down more marketers seem to get my address and start emailing me. Most of what I unsubscribed from today was newsletters I never signed up for in the first place. Some were others I had a hard time letting go of (Etsy and Chicago Mom’s Blog) but knew it wasn’t going to get read.

Are you going to unsubscribe to more emails in 2009?

Google is not making us Stoopid in the Attention Crash Its Productivity Stupid

This article by Nick Carr in the Atlantic last month brought up some interesting points about the attention crash and Google in regards to whether these innovations are hurting us more than helping in productivity. This article on marketing brought up some more points today.  I have been through this internet addict cycle and back again and maybe some of my experience can help those looking to prune back the hedges of web information overload (or overlord) in their life.

Is Google Making us Stopid? I think not!

First off, I don’t agree that Google makes us stupid (or stoopid) but I do think it influences how we consume information and creates a false sense of know everything because we are plugged in every day, searching on every idea that comes to mind and reading a million blogs, emails, widgets and feeds every day. If we have full Internet access at work, good luck getting any work done if your company doesn’t block perezhilton and facebook.

We live in an era of information overload and we skim everything and really read and absorb nothing. No one can consume at this rate. People are stressed out by the number of media sources they have to keep up with daily (and on weekends) and we feel constantly inadequate because of all the bragging that goes on about successful products launched, and big money made on the net.  It’s no surprise then that we are constantly driven to consume more information and media to fill the brain with more discovery serotonin and yet we feel that we aren’t getting anywhere since most of us aren’t paid to consume this information and analyze it for a living. It is very contrary to most of our life goals with our jobs and families.

I started blogging and consuming massive amounts of media in 2002 and was completely burnt out by  2005 from a mix of Scoble, MicroPersuasion and every social networking site available plus news, alerts and emails. (plus following every move of the google monster as it grew) I did not really get much done at work, luckily I was very good at my job so I could get it done in less than the time allotted and I tried to move my real job towards this social media category. I was consumed by all the feeds, blogs, feedbliz emails, IMs, regular emails, networking sites and Flickr. It didn’t get me anywhere I wanted to go though, except the inside track on some new things I could talk about socially before other people knew about them.  (big deal) I ended up looking for a new job instead. My job seemed uninteresting and unimportant compared to the new, exciting and really important things happening on the web. This despite being the one thing that paid my mortgage.

So,what’s an internet marketing girl to do when all this media does relate to your job somewhat but it is also crushing your life? 

1. I did find a job with greater flexibility and more use of my media knowledge. But I also turned a lot of the media off.

2. I abandoned RSS feeds. Too many to keep up with. Too little importance to my life.

3. I stopped blogging everywhere for nothing and just maintained a few blogs that really mattered and one that provides some small side income.  

4. I cut out radio, TV, papers and magazines with the exception of TIME Magazine (because I need something to read on the train) and Netflix (because I don’t have cable and like to have something decent to watch once or twice a week after work). (radio was cut out because of the train also, if I was still driving to work I would listen to NPR)

5. I won’t lifestream (too invading of my privacy) and dislike twitter (I don’t need another internet addiction). This means I miss a lot of info and some trends but I don’t get worked up about it because I found that most of these super mini-micro-trends never make it to mainstream anyway.

6. I unsubscribed to a boatload of emails and started a new email account that was less spammy.

7. I also stopped reading a lot of blogs. The only ones I read now are bookmarked as links in my browser and if I don’t find something useful there for a few weeks I delete them. (or if they are friends they get linked into LJ) And I can’t read the buzz building blogs of Forester, Scoble and Giga Om. Scoble is great but no one can keep up with that man. (he is a 24 hour blogging machine!) Forrester and GigaOm are always wrong. I am sick of being led astray into an area that doesn’t fit or benefit mainstream business. I did start reading PerezHilton though. Its quick, about 5 minutes, scan through what looks interesting/funny and skip the rest.

8. I also have kind of cut back on signing up for every site beta that comes up because there are millions of them and the purpose of these sites has gotten further away from positively influencing my life in the past few years and more about distracting me. I still sign up for some, but by the time the beta password comes in, I usually find it wasn’t that relevant after all.

9. I stopped checking in on social networks daily. Once a week is enough. And flickr gets updated maybe once a month.

10. Oh yea, I also got a boyfriend and found that being with him was much more rewarding than being online all the time consuming information about everyone else’s successes.

I have come back from the attention crash and maybe some of these tips can help others. Yea, some of these blogs are going to see traffic drop but we will all be able to sleep better at night and work better during the day as a result. And when your family and mortgage are counting on it isn’t that really what is most important?

Some things I still do that have survived the internet pruning:

1. Subscribe to feedbliz emails for about 10 blogs directly related to the media I work with and personal finances. (frugal living type topics since we are in the middle of a recession)

2. I keep up with emails from work and friends.

3. Use IM to converse quickly and the phone (gasp!) for longer conversations.

4. Read TIME magazine weekly. It has evolved into a much hipper, savy, snarkier mag than you think.

5. Check the news on the yahoo login page for my personal email for news.

6. Keep up with google alerts on terms related to my work, friends and family. I guess this is super targeted and as behavioral as one can get. You would have thought they would have put ads in Google alerts by now.

7. Blog on my personal blog, marketing blog and other blog about once a week. That is about all I can keep up with.

8. Most weekends I am offline entirely. If I want to spend time with real people it has to be out of the house and therefore offline. Plus laundry and dishes need to be done sometime!

9. I have a cut off time whether all the stuff is done or not because sleep is more important to me than you might think. I try and got to bed by 10 or 11 but 12 is the cutoff for sure.

10. I remain anonymous and aliased online because I want to be able to say what I think when I want without the fear of someone’s difference of personal opinion affecting my professional or personal life.

So, in summary I think my findings indicate that it’s not Google that is making us Stupid (or Stoopid) it’s ourselves and the decisions we make about how we will spend our time (and money).

Updates abound…

A recap of some random things floating around in my head this morning:

1. The Golden Globes were anti-climactic without a big star studded event surrounding the awards. I actually don’t think anyone cares who the best actors or movies were this year when they can’t see those people live on TV at that moment. I don’t think anyone thinks any of these winners are any better this year because they didn’t see the people behind it or the big showy spectacle. I suppose it questions the validity of these kind of award shows. Do people care at all who wins? Is it indicative of better quality entertainment? Is it just a publicity blitz for the entertainment business in general?

2. The Christmas decorations are much harder to put away than they are to put up. And more exhausting.

3. Sinus infections suck. I woke up with what I thought was the beginning of one, but hopefully allergy meds have solved this. I feel better now.

4. The reviews about the movie The Kingdom were wrong. It is a very good movie in the sense that it examines alot of information about a problem and lets you make up your mind about what to do about it. I prefer that to just a canned solution that they impose on us, especially since no one has found the solution anyway. 

5. I am swamped at work again. So please don’t expect a lot of posts here in the next few weeks. It’s going to be busy so I probably won’t be able to post.

6. New trends in Internet marketing continue to emerge on blogs and a lot of newsletters I have gotten in the past few weeks. They are right in that people are more fragmented than ever, but I don’t think we know enough about the people we want to target to really make use of all this technology yet. Few marketers I have ever met really know who they are looking for (and all their demographic info) to sell their products to. Just buying a bunch of media with a broad audience and guessing isn’t very smart. ROI will jump with better information from product and consumer research on existing customers and analysis for trends among them to target new people. The ROI process has a limit between the cost and conversion data only.

7. Being friends with an ex is harder than it looks. I was moving in that direction ok, but Kev wasn’t. I think he wanted to be able to go back, but alas you never really can. He just said he wants to not talk for a while and I resepect that. I am sorry though that he can’t do just friends because he is a good friend that I hate to loose. I do understand his situation though and hope that in the future has friends that are gals that aren’t going to blur the line as being more and that he is ok with that. 

8. Chicago Sketchfest was great. So many talented performers so little time. Plus you run into a million people you know there!

9. I’m doing ok on my goals for the year so far. Although it’s only been 2 weeks. I haven’t lost much notable weight (only about 2lbs) and saved a ton of money yet, but I haven’t given up or messed up big yet either.

10. My parents will get to meet Steve for the first time this weekend I am both nervous and excited at the same time. I am sure they will all get along, but I still hope it goes well in a slightly nervous way. Things are going really well between us and I hope that it continues. It is good to be comfortable and happy in a relationship and not have to worry about loosing it or something bad happening. It seems like I just trust this more than I usually do. Now we get to add the rest of the family to the mix and see if it holds up.

Six Creative Uses for RSS « eMarketing & New Media Trends

Six Creative Uses for RSS « eMarketing & New Media 

I thought that this was a good article, it outlines that RSS is still not used as much as it should be considering how versatile it is. Sometimes it has to do with a lack of technology knowledge about feeds and other times by the limitations of your reader. I have gotten away from feeds though for a different reason entirely, there is just too much info out there to keep up with, so I gave up trying in mid-2005. I am happier now to just read things as I run across them rather than having to see that all my feeds have been read and subscribing to everything I see that had one interesting post back in 2004. I do think that rss has more to give as far as mashing up content and re-purposing it as well as searching and delivering info also, but we haven’t really seen good user interface WYSIWYG tools for non-programmers yet to really access that potential. I hope in 08 things evolve further and RSS is a big winner.