Marketing 2.0 - Part 2
Thursday, August 14th, 2008So as I was saying we need to look at these markets and work out why they failed. They strained under the burden of the many start-ups that saw the pot of gold and chased it. But, and here’s the fun part, they spent more time trying to apply existing real world laws to a medium the likes of which have never been experienced! What we are facing today is a massive change in the global economy! With the amazing One Laptop Per Child style programs being run by open source heroes like Ubuntu’s creator we are going to see the rate of growth of users online pale in comparison to the phenomenal figures generated by the capitalist world!
These Open source networks are putting information in the hands of people who have never seen clean water! Who live day by day struggling to get by in a capitalist world with little to no experience of the vast resources that have become available on the internet! But the really exciting thing is that they are taking to it like ducks to water! Parents are using their children’s networks, each laptop works as its own wireless transmitter allowing distribution to stretch wider audience than has ever been conceived!
So what does all this mean when considering your marketing plan in the next five years?
Good Question.
I won’t pretend to know the answer here, as the answer is ever evolving as technology continues to be produced. What I will say is that I believe that we need to rethink the way we market online as a result. We will need to give away information to draw the customer, we will have to interact. It is no longer a case of whether we can afford to do it, kids are learning to program in schools! The thing that a smart marketer does online is give away information… that and provide free entertainment.
But how do I make money of this!?! I hear some of you cry. Won’t I give away my secrets?
Wake up call people. There are no secrets any more (Case in point Google Street View: check out the SMH photo editorial here). I want to build a portable air conditioner for $10? I find it online. I want to make traffic lights go green on demand? Well I dunno if it’s true but there’s a video on how to do it on the internet! No matter how many people I talk to it never ceases to amaze me how unique their own browsing habits are! What you are doing by giving away information to these people is getting them to talk about your product.
By interacting with your client you are encouraging them to talk about your product and how it affected their lives being involved with your business… and you can’t get a much better endorsement than that.






