Articles of the Day
Posted in Internet, Digital Media & Software, News on October 3rd, 2007 by daveliuConnected Consumers Love Web 2.0, But Not On Mobile - Findings from a new Avenue A|Razorfish study confirm that brands and advertisers aiming to reach “connected consumers” need to focus on targeting their niche with easily distributed, customizable, socially charged content–but not necessarily on their mobile phones.
Turner Partners With Kaneva On Virtual World Extensions - Turner Broadcasting System’s New Products Group has signed a one-year deal with Kaneva to build and test virtual world extensions of its entertainment properties.
Industry Pros Weigh In On Yahoo’s Search Upgrade - Yahoo rolled out new search upgrades on Tuesday–giving consumers the option to refine queries on the fly with the Search Assist feature, as well as bundle images, video and other rich media content into the organic search results. It’s the blended search feature that’s got search pros talking.
Product Placement Moves Online - Although product placement has been around for a long time, it is taking on greater importance in the marketing mix as studio executives ponder their options in a shifting media landscape. Online properties are finding ways to leverage intense consumer interest in product placements. As mentioned previously, sites such as SeenON! and StarStyle offer visitors information about the apparel, accessories, furniture and gadgets that appear in the latest movies and on television shows.
Retail E-Commerce Eyes Retention - E-commerce spending in the United States is expected to grow 18% in 2007 to $259 billion, reflecting increased consumer comfort with online shopping. That is almost $1 of every $10 spent across all retail channels. But with such growth comes higher shopper expectations. In a Q&A, eMarketer discussed e-commerce and retailer issues of the day with Scott Silverman, executive director of Washington-based online retail lobby Shop.org.
Google to Hit $600 on Strong Web Spending - Unrealistic valuations in the blogosphere haven’t hurt Google shares in early morning trading on Wednesday, which continue their upward trajectory towards $600 per share. Reaching that milestone would be in line with Wall Street’s thinking, as 33 of 36 analysts recommended buying Google shares.
Microsoft Sees Future In Media - Thirty-two year old Microsoft Corp. has been a software company for most of its life, but media is its future, CEO Steve Ballmer said at a media event in Paris on Tuesday. As growth in operating system and desktop software slows, Microsoft expects that within four to 10 years, 25% of its revenues will come from advertising. Part of the reason for the change is the growth of free, ad-supported Web services offered by Google; consumers no longer need desktop software to write documents and create spreadsheets, which has left the technology giant searching for new sources of revenue. The other reason is opportunity: “All marketing will be digital sometime in the next 10 years,” said Ballmer.
Publishers Eyeing Blogs As Takeover Targets - The next Internet land grab could come from the blogging sector, as major publishers swoop in to take over the Web’s big name brand blogs. Many cover the tech sector: TechCrunch, GigaOm, Boing Boing, Ars Technica. Time Warner’s AOL, for example, recently bought the consumer technology blog, Engadget. Blogs have a terrific business model (the name brand ones do at least): They’re cheap to set up and run, reach large, loyal audiences and make money.
Google Valuation Sparks Blog War - Silicon Valley Insider Henry Blodget, a former Wall Street analyst who was banned from the securities industry for life for giving Web companies’ valuations he knew were outrageous, started a blog war on Tuesday. He outlandishly predicted that Google, nearing $600 per share, could be on its way to $2,000. According to Blodget, “$2,000 a share would mean a market cap of about $750 billion, which-given a reasonable time horizon-just isn’t that far-fetched.”