Exploring social business strategy

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Entries Tagged as 'social media'

Is topix REALLY becoming the local, online watering hole?

March 5th, 2010 · 2 Comments

TechCrunch had an interesting article yesterday on Topix. The central message was that it had quietly become the “local watering hole” for small towns, as evidenced by the total comments on the site (now in the 100 M range).  It then went on to make the claim that the reason people like myself haven’t been [...]

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Tags: marketing · social media

Thinking about some Facebook usage statistics

February 4th, 2010 · No Comments

I spend most of my working life researching how collaborative technologies – particularly social media – are impacting business strategy. My academic background is in economics. So when The Economist does a special report on something like social networking, it always gets my attention. And as with most articles in the publication, I always find [...]

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Tags: business · marketing · social media

The Web 2.0, good sushi, and a wonderful case of creative destruction

January 14th, 2010 · No Comments

When it comes to the Web 2.0 and the process of “creative destruction”, a lot of people associate it more with the latter word than the former. After all, we hear story after story of entire industries being washed away – and what replaces them simply doesn’t provide a livelihood for nearly as many people.
So [...]

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Tags: economics · social media

Recent research: SeatGeek – using data to empower customers and alter industry dynamics

December 18th, 2009 · 1 Comment

Last week I wrote about The Hipstery, focusing on the concept of using data to create and leverage “blind spots”. This week I’m going to talk about SeatGeek – a relatively new start-up that uses existing data to empower customers, and potentially alter the dynamics of the secondary ticket industry.
What SeatGeek does is gather information [...]

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Tags: business · economics · social media · unbounded data

StickK: I love this idea, partially because I also came up with it

December 9th, 2009 · No Comments

Very early in my career, I was told there are very few new ideas out there – if you’ve thought of it, somebody else probably has as well. What’s rare is for people to actually do something with the idea. So I find it quite amusing when I see people get all upset about somebody [...]

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Tags: business · social media

Seeking out new ideas, and why being open isn't always better

December 2nd, 2009 · No Comments

I do research for a living. A lot of it tends to centre on the Web 2.0. And the Chairman of my research group wrote Wikinomics. So I spend quite a bit of time out looking for new companies and business models, with a particularly keen eye for things that are “opening up”. But to [...]

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Tags: business · social media · wikinomics

Localbacon: improving the customer experience by making them pay

November 30th, 2009 · No Comments

In most cases, getting something for free is preferable to paying for it. But now always. One example I’ve always found intriguing on this front is online dating sites. If you’re (say) a very attractive female, it’s HIGHLY likely that you will be inundated with messages from potential suitors. But by making the suitors pay [...]

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Tags: business · economics · social media

Stigmergy, community building, and social media

November 27th, 2009 · 1 Comment

On Monday my colleague Naumi Haque sent me a link to an interesting article by Professor Francis Heylighen titled “Why is Open Access Development is so successful? Stigmergic organization and the economics of information“. It provides a great overview of open access / self-organizing systems in relation to traditional economic theory, but the part I [...]

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Tags: economics · social media

Twitter popularity and Marvel Comics: an interesting difference between follower and list counts

November 20th, 2009 · No Comments

As part of my ongoing research, I’ve been paying close attention to developments around Twitter’s “list” feature (launched in October) – “A great way to organize the people you follow and discover new and interesting accounts.” Yesterday I stumbled upon an interesting finding (that has me scratching my ahead a bit) in relation to follower [...]

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Tags: business · social media

Twitter, and the challenge of innovating while having an open API

November 12th, 2009 · No Comments

I was just reading about the Trouble at Twitter – how U.S. visitors were down 8% in October – on Tech Crunch. The CEO mentions that they’re hoping a “slew” (currently a couple) of new features will help revive growth on the site – such as the retweet button, lists, and geolocation features. It very [...]

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Tags: social media