Archive for the ‘Web 2.0’ Category

Blog-traces on the web

Freitag, Februar 15th, 2008
  • english
  • german

Currently I am doing plenty of research on corporate blogs initiated by large companies for my master’s thesis. Consequently, the WayBackMachine on archive.org has become one of my favorite internet tools. Many companies that failed with their approach to the blogosphere have tried to cover their traces, but WayBackMachine can make these traces visible and display older versions (as long as you know the URL). It displays the old fixingBlog as well as the deleted content of the SAP Executive Blogs and the only 5-month-lasting Mercedes-Bluetec-Blog. All these blogs are interesting and good for quite a few lessons learned. But I’ll write more about that later… :-)

Blogoscoop and the secret of the blogosphere

Montag, Februar 11th, 2008
  • english
  • german

Matthias Schwenk from bwl zwei null really makes me curious as he announces to start Blogoscoop, a new blog-ranking-tool for the German blogosphere. Together with Martin Kunzelnick as developer he promises a tool that will become a benchmark service and also hints to a future international expansion. Though the secret is still securely kept in place, Matthias’ involvement signals a big thing – I’m excited.

BBC personalized

Freitag, Februar 8th, 2008
  • english
  • german

The BBC is just testing a personalized main page for users. It’s similar to iGoogle but in my opinion features a nicer design (more magazine-like). The additional benefits are rather limited. But it seems that one will be able to watch/listen to BBC lifestreams .

BBC beta

The Long Tail of Web 2.0

Dienstag, Januar 29th, 2008
  • english
  • german

In the February issue of the German marketing magazine Absatzwirtschaft, one can read an interesting analysis of the Long Tail for eCommerce applications in today’s web 2.0. I would like to refer to this issue and put the thoughts up for discussion.

Traditional management/economics has focused on Pareto’s 80/20 rule – i.e. that usually a company makes 80% of its revenues from 20% of its products. A a consequence offline-companies have sought to hype “hit products”. Hence a huge gap existed between e.g. Hollywood blockbusters and small productions, huge differences arose between star author’s royalties and less pushed book authors. Consequence? A focus on mainstream and a neglecting of niche products.

The establishment of the internet changed this picture . With the new medium it was now possible to display and sell an almost endless number of products – independent from storage or shop-window capacities. Amazon, as a first pioneer in eCommerce, offered far more title than the ordinary bookshop around the corner. This concept works successfully and shows the strategic adaptation. Amazon now makes a large part of its revenues (25%) through title that are not stocked even by large bookshops (> 100,000 titles).

Web 2.0 has accelerated this development. On the one hand, social aspects enable customers to quickly search and find products that are more suitable than mainstream, on the other hand the growing network leads to tapping niche groups that could not be reached before or that were too scattered to profitably address their needs. Furthermore, digital products from eBooks to movies allow to use the Long Tail even for the very last product.

Long Tail

To leverage Long-Tail-benefits as a company, the magazine Absatzwirtschaft has selected five success factors:

  • Minimal Storage-Cost
  • Minimal Sales- ad Marketing-Cost
  • Flexible Sales-Structures
  • „Endless“ Selection of Products
  • Minimal Price

Of course movie and book business are exemplary branches fort he successful use of these new possibilities and trends. However, I think there are plenty of lessons for strategists and companies that have not yet mastered the way into the web 2.0. Especially companies with a much differentiated portfolio (especially service companies) have a good chance to tap new business and sales areas.

“Publish” – and now?

Montag, Januar 28th, 2008
  • english
  • german

For those who always wondered what actually happens with their blog-posts once they press the publish-button, Wired has created an excellent visual explanation of this complex process here.

Published

New: Trendmap 3

Montag, Januar 28th, 2008
  • english
  • german

The new Trendmap 3 designed by the Infomation Architects is online:

Trendmap 3.0

Especially interesting is part of the logic that has been behind the creation of the map. Very cool and very realistic.

Web 2.0 in antique thermal baths

Dienstag, Januar 22nd, 2008
  • english
  • german

To visit my girlfriend I have recently been spending a lot of time in Rome. So I also spent my last weekend in the eternal city and with fantastic sunny weather and 17 degrees Celsius we decided to visit Ostia Antica, an excavation site a bit outside of Rome. I can only recommend this trip, because it shows a large well-preserved ruin area in contrast to the mostly patchwork-style sites in Rome’s city center (which of course is still very impressive). Only in Ostia Antica one gets a close-up picture of the kind of lifestyle in the past and one gets a feeling of what it could have been like to walk through the streets of ancient Rome. Here, on a huge area one finds the ruins of the former port colony and the impressive remains of ancient architecture. But actually I don’t want to go much in detail about history.

Terme di Caracalla

What is more interesting here, is a train of through that arouse when we were standing infront of a huge thermal bath. There we heard another tourist talk about the characteristics of such bath facilities and she compared it to the modern internet. At first, this thought seemed a bit absurd to me, but the longer I think about it, the more I come to the conclusion that she makes a point – for me, Web 2.0 is simply the continuation of an antique cultural accomplishment.

To follow this though one has to know some facts about the thermal baths in ancient Rome. These facilities were extremely spacious. The Thermae of Caracalla for instance could host 2000 people. It did not only offer bathing, it also contained large libraries, conference rooms and places for all kinds of service such as hair dressers. Possible activities were extremely manifold and usually directed towards entertainment or interaction (e.g. with friends or business partners). And last but not least – the entrance was for free. So to conclude, the thermae were a standard destination for various activities of an individual.

Therefore, I think that a comparison to today’s Web 2.0 is not that strange. The internet is for almost everybody accessible at low cost. It features a very broad usability for various purposes (private and professional) and is a basis for many different business models focussing on entertainment or services. The only thing that I am asking myself now is: what has happened in the meantime, allowing the negligence of such multifunctionality, establishing a focus on functionally separated areas (e.g. TV for entertainment, shopping centers for consumption, professional facilities for business relations). Here, technology seems to have found a way to return something very essential to people; something that had been more and more abandoned by a specializing economy. This tendency seems to prove that the internet and the simplification of matters through the Web 2.0 with its low transaction costs have vitiated the „Economies of Scale“-theorists for some branches.