Still worried about your location data – think about funding Foursquare

Image representing Dennis Crowley as depicted ...

Image by DennisCrowley.com via CrunchBase

This is not to ridicule the outcry against Apple and Google tracking their users’ locations (after all, Apple is also adding cloud based video services and the iPhone 5 may be much faster) but the location based services and local services like Groupon and the Google afterthought in the field are set to burn up the competition and create a mass momentum that may in fact propel a new set of social media and brand services that make it impossible to serve the customer without meaningful location data. This latter solution may even be preferred by those in the building that are entrepreneurs and owners of small businesses and trading outfits like food stalls, pizza companies that are really benefiting from the social media visibility of their brands/businesses.  Meanwhile Google is probably depending on location services as it scales Latam business to twice its size this year (just 2-3% of GOOG revenue)

As of now, four square is about to hit the $5 billion valuation soon as the pe funding round envisaged by 4sq looks at pricing it for $500 million.

In the latest sign of the Internet gold rush, location-based service Foursquare Labs Inc. is looking to raise fresh funds at a price that would value the three-year-old start-up at as much as $500 million, people familiar with the matter said.

That valuation could be a stretch for Foursquare, which gives users the ability to get deals or connect with friends by “checking in” wherever they are, but so far pulls in little revenue, the people said.

Chief Executive Dennis Crowley is leading the effort and would like to raise $20 million to $40 million

Read more: http://online.wsj.com/article/SB10001424052748703387904576279380019110022.html#ixzz1KRQ3hKVh

 
Image representing Apple as depicted in CrunchBase

Image via CrunchBase

Who is shopping for services in India AND China online?

Basic creditcard / debitcard / smartcard graph...

Image via Wikipedia

You must have noticed thru the two years of Advantage social / Advantage zyaada/ Advantage Brands our use of content systems from the blogverse has been incidental and for rebuilding social capital

Google in fact does realise that and does not list our analyses in blog pages, listing it in the main search results pages..one of the popular ones with both bing and google and Facebook being “Bank results season” others of course almost all business topics with Advantages.us before and after it. Twitterone has survived too. the purpose of the catcalls – to look for the needle in the haystack, the paying proposition…thence the title of this piece. Though bloggyish, this post also will not be a narrative of my travails and tribulations much so because that would at best be a paying blog/blogger and i am trying to harness the social web and the global financial markets with a bigger idea. I am of course catching the most picky topics so many brands have done exactly the things i liked or “asked” them to do and so did many sports rise in the social world so most of my readers do have an instant opportunity to become instant competitors when they come across the right words to launch their inner demon ( the good guy, the achiever) from the millions on offer. But the thornier question is to find the way to profits and greenbacks while creating and preserving profits and brands for you without resorting to the flailing tactics of the hitherto Wall Street champion, WSJ or even the Pearson media property the FT.

The digital media of iPad, Kindle or the web properties of Facebook and Twitter are closer to the utopia but even these cannot claim to have it good in that cradle of human consumption for the next two decades. Oreos and Mac and Cheese might still have a better chance than the digital business models in getting paying customers here in Asia. And there in, lies my pain..

For others who have the funding and the people to back the ideas, they might consider the following as essential requirements in selling services on this side of the sunshine line:

1. A value proposition that does not need anything more than a bare visit to the property to prove its worth. India and China consumers and corporate customers are very much concerned with the intuitive buy in and not reams of proposals and analysis

2. An ability to continuously deliver a paying surprise. Services products especially need to withstand the torment of time and patience and produce winners like clockwork, like your sports stars we’d rather buy a daily Venus Williams than a once an Olympics Agassi..

3. Find a paying club to back you. Individuals and Credit Card customers are unlikely to buy more than groceries or laptops, offices, resident associations and even midwives clubs are more likely to buy subscriptions, consulting services or even taxi services. ( fleets just have to charge lesser than a taxi to sign up, and they’ve hardly done anything else anywhere else in the globe)

The caveats are many and stay the same much because of entrants like the WSJ and Apple:

!. Most global services/ design brands end up looking at a premium/luxury niche alone in these markets – Great for profits but still not likely to tap even 5% of the Consumption club in these countries across the new towns, the boom towns and the always forever towns

2. Do a little soul-searching when you do your staffing..Most global services brands make more than a few costly hiring mistakes when they come in the open door and it is difficult to overturn these later..typically a lot of European brands could attest to such an experience ( and Kraft of course :) )

3. Go on a media binge – it pays. IT’s ok in the caveats, really. That is the lesson early advantage seekers may have learnt already. This market rewards public presence tremendously. Get good PR and make it work continuously. Buy more advertising, just to sell the name for a few first months and then for the services ideally. The caveat – these markets can be very suspicious of a name they have just heard and reward the competitor who irrespective of product or service quality is louder and more lucrative for the distributors

4. last but not the least, despite the lower likelihood of unemployment, the number of free hangers-on who will never write a word for or against you or actually analyse their own pronouncements before making them will stay in the high millions for every trusted advisor you sign here. WOM – what’s that?

Facebook Places? Nah! just try the games | Advantage social

2011 Honda CR-Z photographed at the 2010 Washi...

Image via Wikipedia

This is where Bloomberg caught it

Honda Motor Corp.’s campaign for its new CR-Z car features the hybrid vehicle in some colorful roadside billboards that can’t be seen from a freeway.

The ads are on display in Facebook Inc.’s virtual game “Car Town,” as Honda advertises on the social-network site for the first time today. The game, which allows users to collect and customize cars, has 3.1 million users. It was released on Facebook two weeks ago by Cie Games Inc.

Brands are turning to social networks to reach an audience with leisure time on its hands and the patience to sit through branded messages. Walt Disney Co., Electronic Arts Inc. and Google Inc. have all bought games makers in recent months to benefit from millions of users signing up to play.

Honda joins the august company of Starbucks, Pepsi, P&G and not to forget Coke’s brilliant virality as brand spends on social media increased by two times their 2009 budgets and the resultant Facebook executives are trying hard to keep all the gaming revenues on board as well apart from being one happy property for all brands seeking to reinventing their digital self. Most social brand offshoots are a distinct stream of thought and social conscious hoping to merge into their brands mainstream value for a ‘new me’ that is more persistent. Meanwhile even in conservative markets interactive product placement times and budgets are also likely to jump from $3.6 billion in the US and $600 million in Europe. (Europe has new laws on Product placement as designated by the common market execs).

The social media progress charts : A 2010 refresh

Facebook vs Twitter

Facebook continues to draw huge crowds in 2010 crossing 3 billion visits in April 2010, while Twitter managed 147 million visitors from 21 million users. However as we tweeted, most discussions on the winnability and success of Facebook and Titter were dominated by Twitter as the platform, while the answers leaned towards the heavy usage of facebook. Apparently the tale is divided by the very fact that no one wants to discuss anything meaningful on Facebook, managing their dominant usage of facebook for the personal sphere of influence and not really as a social site for business. A simpler answer for Facebook’s continued success would thus be a simple advertisr friendly approach that the platform has propagated and that brands have lapped up by the score.

The question is whether Twitter can convert this tirade of meaningful social discussions ( including 3 out of 4 reactions to facebook) that happen on Twitter and except on facebook happen to be mostly about Twitter. While paid subscription models and even paid blogs have failed to take off thus ending the high ideals of those who wanted a paying internet / digital proposition, the advertising based models seem to have been jettisond to early by us cognoscenti on Twitter. Promoted Tweets is not the answer in terms of reach but facebook ads meaning to propagate brands and social causes are a necessary hit.

Nevertheless, as most of the talk is about twitter, there would seem to be some basis to this continued banter about Twitter's innovative reach and effectiveness for business. Stock analysts also find it to be a continuing draw, instant opinion being quite a hit in this volatile world and unless you want to discuss a movie with all your bev y of friends, saying it on Twitter seems to get it done.

Well, the next one in the 2010 refresh is on the plateau for digital books, we having chosen to bite the bullet and make the comment in the here and the now. Interestingly, USA would have us believe they have declared the world wide web within its borders! Wonder if that will even be questioned in this decade!

Also, the FIFA world cup dominated Twitter most of June hitting 6 million plus tweets on the day USA and England were both playing for the honors. Though at less than 20% of the impact in weekly trends, there were other meaningful topics too in the Top 3 with the new Lizzie Mcguire movie at #3 and the Lakers win at #2 (whatthetrend.com) This week of course there is that corner in SW1 that will vie for the honors with the cup of joy, Nadal having come out par for the course.

It’s Facebook F8 vs Twitter Chirp | Advantage social

Facebook vs Twitter series 31/800

Facebook Developer Garage and probably many others would soon be targeted by marketing vuffs for the events they are. When the F8 is held later this month followed by Chirp on Twitter, the Location and Like arguments of Facebook will hit another crescendo and Twitter ‘s @anywhere will go gaga about the liking of all that you browse with the Like button from Facebook vs the social knit experience of @anywhere. What can we say – It’s a wonderful life. It actually could also make for more than a few lighthearted moments on the social boards, esp. if they start calling in landed celebrities and not so busy political movements to these dias’ or platforms. We have decided to call Social browsing, the time spent on Facebook Twitter and any remaining social networks, soon to include significantly your time on Amazon and the newspaper sites as @anywhere goes live and iPad gets more user friendly.

This social browsing, may perhaps not spearhead anything more commercial than its current state in the discernible future as some stronger brands start taking their social visibility more seriously with Cash approved during FB and twitter’s Celebrations last festive season ( The period Oct 2009 – Dec 2009 was the hottest for both the surviving networks) The next layer of recommendation engines incl. Foursquare may well be significant players on the iPad and maybe even a new reinvented Kindle, but the dollars would come from the brands and not the cognoscenti and the twenty somethings browsing their working time away.

It’s tiring really. Without its commercial value, any invention is only useful to its inventor and the social web would have to do more than press F8 to sing all the way to the bank.

Some Facebook facts | Digitalabuzzblog.com

Did you know that 70% of Facebook users come from outside the United States, all of them spend an average 55 minutes on Facebook daily and become fans of 4 pages every month, sending 13 friends requests! Great analysis by Aden Hepburn.

Get that award now!

Facebook vs Twitter series 25/800

Let’s play get that picture puzzle..Here is the image of the day..The Twittersphere’s shortlists for the Shorty Awards. Yes, that is the other Twitter innovation after analytics that I am sure Twitter also wants to get in to. Awards ( We bagged a cool dozen for each of our 4 top properties with Postrank, but we are not featured here on the Twitter based Tweet shorts, oops, awards!)

A great list in itself though. and some of them look spammy already, aaggh must be just the subjects.. did you find the dozen you like who aren’t there? Go vote next time, or tell us who you’ll like. Twitter can definitely invent an award gala. With basis in its own analytics.

Tickets at http://shorty.eventbrite.com/ (NYC event)

Tickets at http://shorty.eventbrite.com/ (NYC event)

Facebook will never have social awards, it’s a rather personal experience, your friends can be paid to laugh at your jokes, right? You know I can put the audio clip of New York, New York into this post now? From my ‘subscription service’ at Last.fm

ALSO NONE of the POWER150 BLOGGERS ARE ON ANY OF THESE AWARD LISTS. A sure shot sign of a haywire local meme discriminating againsh the performing and even the privileged by some misguided twittering masses. All revolutions turn out bad eggs like this in the end!

Twitter’s great user friendly additions

The Twitter saga has cottoned on to a new bug, Twitter apps like Tweetdeck trying to outdo Twitter in user friendly innovation. Did we crow about the lists to you? Just the tweets you want to track, then the brilliant search feature which looks great too towards the end of 2009 and now hover cards..yes simple tweet profile info on each face/image you see and on every mentioned twitter id, maybe later even each link? But great catch-up work from Twitter..after all it is a graphically leaning world and it is very few who are good with creating good looks. ( Even Facebook gets boring with the blue lines all the time, at least they keep trying to change the UI every week, lol!

And the add on from Tweetdeck and details of the Postrank invention next week..as also Hoot and Twittercounter and those you paid for that amazing looking functionality…next week, because the lid is coming off Twitter’s own production right now..google buzz is still not couting as competition, maybe never will..most probably!

BTW, a great conference is on if you have a Twitter app idea. Anyone can get a Twitter app idea, I’m making a virtual stock exchange on Twitter for celebs and sports men, it’s an idea..The conference series is to be titled Chirp!

More experimental analytics | Twitter Tools

This one gives a brilliant history of my tweets..just the right amount of info to make my scheduler wonder why this info?

Some Live streaming Options off the hook | Advantage Social

It’s here. Our primary reason for inventing Bell’s grand device, or this hellish broadband competition where everyone’s changing providers every three months just a 100 years later (more) The eponymous podcast has gone live.

A lot of the work of the world gets done using Cisco and Nortel’s Video Conferencing Systems and all that infrastructure. For the consumer, they all are beyond the wallet..A lot more of the brands are getting a whiff of it with digital media revenues picking up speed in the last few months. This boom is riding what essentially started with downloading songs, and the iTunes store was one of the first in the legally validated ones with a great repertoire of mostly audio, not even 7-8 years back.


In these last two-three years however, these developments have just raised the bar to where people expect more uninterrupted direct telecasts / webcasts on the web for work, for play and with twitter and Facebook among others, just plain instant fun. The business model is definitely unproven. It is the fancy or a vector of the amount of fancy taken by each new user, that has pushed money behind most of these ventures almost instantly. The latest one is ustream.tv. After a $11.1 milion financing in April 2008 from Asia Centric Doll Capital Management(DCM). Please get all the linked links at Mashable and FT, for all the stories that led to this one.

DCM has backed Intuit’s Paycycle, Cisco’s Arroyo and quite a few NASDAQ listed network companies.  After the early round Ustream.TV got a $75 million dollop from a group led by Softbank( these guys manage to get a group every time) Ustream gets 50 million unique views a month and 10 m users but depends on advertising for revenue. Kerrplunk!

There are others in the video live streaming business with flawless reproduction. The infamous You Tube is getting on the job with the latest hot button game from India. The $2 billion IPL franchise has given exclusive rights to You Tube to get its matches telecast live to millions across the globe. the #1 in Sports, NFL has been pretty up to it with Videos on the web as well. Through the available audio streaming for live games, it has done well commercially with the products. The time delayed Video snips and the entire repertoire available online has been able to let them make a boast about their online business and the NFL Network. The game videos are a big success on the Itunes store afterwards, but lastng arrangements have not been made. The live score trackers would be an amazing model to recreate for IPL and others in the Soccer world that want to compete for the game

I love my 12seconds.tv  I find a lot of young urban followers getting on it in my tweetdeck beta since last year. Livestream.tv was a screaming success with MSA and Zhu Min natting in Davos about our new Economy with Larry Summers and Dominique Strauss Kahn from the IMF. in.com is among some others who got tired of even thinking of making a commercial case and have put all the Viacom business channels on the web free in live streaming.

I am still a little sensitive about Online advertising though. Except on a few select sites like Hula.com and NFL, it is mostly of a denigrating quality and does not seem like a lasting basis for revenue. Catch the latest video viewership numbers? These could simply be live streaming numbers in a couple of years?

Online video viewing is more ubiquitous than ever. According to comScore, in the month of December 178 million people watched 33.2 billion videos, with the average viewer watching 187 videos per month in the U.S.

MASHABLE

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