Monday, October 6, 2008

e-vangelist Survey Results

To get a better understanding about what turns a customer into an evangelist for a brand, product or service, we decided to do an online survey within our social media and business networks.

Using Surveymonkey.com, we generated four questions about customer evangelism, and some further ones to obtain demographic information:

1. What in your opinion turns customers into evangelists for a brand, product or service?
2. What brands, products or services are you an evangelist for (please list up to five, give a short description if the item is not commonly known)?
3. Do you frequently visit websites of these companies?
4. If yes, do you create, read or react (blog, forum, community and discussion posts) to content?

5. What's your gender?
6. What's your nationality?
7. Which country are you living in currently?
8. What's your age?

In total, the survey yielded 106 valid responses by the deadline we had set for harvesting the results (72 hours after putting it online).

Two thirds of our respondents were male, one third female. We had mainly respondents from Canada, followed by Germany, the US and the UK.

Most respondents regarded quality levels, service levels and trust as the most important things to inspire customer evangelism. The least important aspect according to our results were promotional activities and reward programs.














The most often mentioned brand was Apple, followed by Nike, Nokia, Google and Toyota (among all responses).














Among first responses (i.e., top of mind), the most mentioned brands were Apple, Nike, Nokia, Audi and IBM.














The segment with most responses was Electronics, followed by Food and Drink and Apparel (out of all responses).














However, regarding top of mind, the strongest segment was Electronics, followed by Food and Drink and Automotive. So these are segments people are thinking of more naturally when they're considering which brands they're evangelistic for.














Interestingly, there were strong divergences in the top 10 with regards to the ranking of segments, and even segments included in the top 10. Apparently, most people that considered themselves as recommending apparel to their peers, only thought of this after some thinking.














Surprisingly, 53% of respondents don't visit the websites frequently of the brands they endorse.














In total, 68 people mentioned that they don't generate content on the websites (however, this number includes the ones that don't visit websites at all. The respondents that generated content are almost equally distributed among the possibilities offered, but never above 10 responses.














It can be concluded that there is still a huge, untapped potential for customer evangelism even among our group's peers, which can be considered a sample of literate and heavy internet users.

Wednesday, September 24, 2008

Google Health

I remember that we had quite a lively discussion during one of our Strategy classes at Manchester Business School how much information we should put online, and which data you wouldn't want online.

We all were quite on the same side though that our personal health information should remain private, or at least accessible only to us in one place and maybe to our doctors or emergency personnel.

Now, Google has launched another gadget of theirs, Google Health (https://www.google.com/health), which allows you to store all your health information online.

How accessible will this be to e.g. future employers? Do we really need to have online access to something like this? Who takes care of this staying really private, and do users want to keep it private?

I'd be interested to have some thoughts on this...

Monday, September 22, 2008

Amazon strengthens its services in the B2B segment

Amazon announced this week that the company is further expanding its services into the B2B segment. The largest online store in the world is making use of its server parks and data transportation capacity and offers it to businesses seeking to distribute software, videos or images on the internet, but are shying away from the investment into developing their own IT infrastructure.

Of course this isn't a new business idea, virtual logistics services like these are already offered by a range of companies, but Amazon entering this business model shows that the market is still attractive, especially for big companies with the necessary strength to compete with the established players.

So Amazon still keeps reinventing itself, staying interesting this way and appealing to investors and customers alike. Well, if it works for Madonna, why not for Amazon?

The Semantic Web & Its Implications on Search Marketing

In his 2007 article “The Semantic Web & Its Implications on Search Marketing”, published on www.searchenginejournal.com, Michael Marshall claims that the developing phenomenon of personalised web searches is an important step towards the realisation of the Semantic Web, which will require in the end a re-assessment of today’s search marketing strategies.

However, many users of internet services like search engines have never heard of the “Semantic Web” before. In order to better understand the possible implications for the internet user on the one hand, and the internet or search marketer on the other hand, a definition of the term and the underlying technology is necessary.
The Semantic Web is the next development level of today’s World Wide Web, enabling computers to not only process the words on a webpage, but also to comprehend the meaning, or the semantics behind them. This will lead to improved co-operation between computers and people, by expanding the range of tasks in which technology can support human researchers.

This seminal concept was envisioned by Sir Tim Berners-Lee, the scientist who is also credited with inventing the WWW. In a 2001 article, Berners-Lee stated that “most of the Web's content today is designed for humans to read, not for computer programs to manipulate meaningfully. […]The Semantic Web will bring structure to the meaningful content of Web pages, creating an environment where software agents roaming from page to page can readily carry out sophisticated tasks for users.” In order to do so, new technologies are needed that can be implemented in the existing World Wide Web, to set tags on pages to give them a structure, and to interpret these tags from a different work station to understand how the person setting the tags has expressed himself. The computer still doesn't truly "understand" any of this information, but can now manipulate the data much more effectively in ways that are useful and meaningful to the human user.

If properly designed, the Semantic Web will assist the evolution of human knowledge as a whole because it will not only make information more accessible to us, but give us an opportunity to share our way of thinking and comprehending the world with other people.

This sharing of knowledge through the Semantic Web will be, according to Marshall (2007), a revolution in the way personalised web searches are organised and utilised by internet users. Already today, some services are using personalised search based on previous searches with the engine, to provide more meaningful results as the amount of data available continues to grow exponentially. The Semantic Web, however, will give access to the experience and knowledge other users have gained while researching the same or a similar topic, giving more relevant results to the internet user and thus increasing the benefit from the amount of time employed to perform a specific search.

However, the utilisation of Semantic Web technology will not only mean opportunities for the legions of internet users performing searches every day, but also for companies marketing their services and products through search marketing. As the Semantic Web will render searching easier and more meaningful for each user, it will also aid companies to identify their target customer more clearly: who he is, what he needs and WHY he thinks that he needs it, enabling the marketer to target his focus group in totally new and more precise ways.

If Marshall is right, this will lead to a major shift in the way Google, Yahoo! and their competitors are optimising their searches, and are selling these services to companies that are coming up as “sponsored links” and similar for any given topic. Currently, the links are assigned based on a variety of factors, such as keyword matching, keyword density and ranking – with the Semantic Web, it will be possible to understand how the consumers are thinking, to establish “hidden relationships” between topics and to thus exploit marketing in ways not possible with the current level of information available.

The algorithms of the Semantic Web will not only have access to the experience and knowledge of the current user, looking maybe for “holiday packages to Hawaii”, but also to the tags set by all previous users who were searching for the same or similar set of expressions, plus the underlying trends that the Semantic technology is now able to process. This will trigger a range of related searches, performed solely by the computer and will return a whole new range of sponsored links, some not even directly related to the search, but still within the scope of interest of the person performing the search.

However, in order for results to be meaningful, there has to be a high level of security in the way websites and search results are being tagged by internet users, and there lies the biggest challenge for the Semantic Web technology: to prevent malicious, Spam-based, or simply incorrect tagging that will later lead to incorrect results on personalised semantic searches and thus would trigger ineffective marketing, resulting in investments by companies into internet marketing without the desired effects.

Another danger lies hidden in the very advantage of the Semantic Web: following the collective knowledge and experiences of other users may not result in the desired outcome or the correct destination. The fact that everybody thinks something is right doesn’t make it the truth. The possibility that such personalised searches can be based on the wrong perception of others will again lead to ineffective marketing, as the user will have followed his predecessors blindly like a lemming.

In order to be truly useful, the Semantic Web will thus have to overcome these shortcomings, so that search marketing can be used in truly effective ways that were not possible with the World Wide Web. If Spam, misinterpretation, bad tagging and similar factors can be eliminated or at least restricted, then the Semantic Web will be a powerful tool indeed, for the internet user and the internet marketer alike.

Internet marketing will thus keep gaining importance, as it will be addressing consumers in a personalised and appropriate way, regarding their expectations, desires and their way of thinking, segmenting the market down to the level of one. If executed correctly, the Semantic Web will lead marketing to its ultimate incarnation.

Monday, September 15, 2008

First Things First

To everyone who will read this.

My name is Nick Weichsler, I'm currently a Full Time MBA student with Manchester Busines School, on exchange at Sauder School of Business in Vancouver, B.C.

This blog was created as part of a course in E-Marketing, and will focus among other things on the development of the Semantic Web and its implications on Search Marketing.

So, why did I choose this topic?

I'm continuously looking out for new developments in technology and marketing, having been the Vice President of the Business Technology Club at Manchester Business School, and the developments in the Semantic Web will probably change the way we search for information on the web.

Internet Marketing blends my two main interests in business: new knowledge and innovative technologies on the one hand, and how to market them to the consumer to improve his experience and lifestyle, so I'm very excited about this subject.

Blog soon,

N.