- Image via CrunchBase
cross posted from the iMediaconnection blog
A number of years back I recall hearing an incredibly prescient quote from Morgan Stanley analyst, Mary Meeker. The quote spoke about localization and personalization-and how these elements would be key drivers in the growth of the web as a commercial platform. While these concepts are fairly obvious today-at the time (I believe it was around 2003) it was not as obvious. Needless to say Meeker's statement had a profound effect on my work. Years later these notions have become fundamental elements of online marketing and are ingrained in my day-to-day operations (both professional and personal).
Localization Is Personal
With the onslaught of social networks, collaborative filters and search engines-there is no shortage of personalized content online. Localized content and services however are still fairly primitive, but remain one of the largest opportunities in digital commerce and communications. A bevy of new services aim to solve this problem, and it should come as no surprise that mobile phones are at the core of many of these services.
Geo+Social
Back in April Michael Arrington posted an epiphany he had about mobile social networks. This concept is one that I have been interested in for a while and could not have agreed with his commentary more (see my posts on what I was referring to as Social Networking 2.M). The value mobility adds to social network activity is-freedom from the shackles of the desktop-where social activity is largely virtual and often impersonal. Mobility adds a human element to social networks. The mobile phone adds presence and experience sharing to social networking. For those not following the space closely, I strongly recommend signing up for a few of the following applications:
- Loopt
- Whrrl
- Gypsii
- Twittelator (an iPhone app based on Twitter)
There are a lot more out there-this is my war chest.
Geo+Commerce
Having spent a significant amount of time focused on ecommerce, the promise of being able to search local, in-store inventory right from a mobile device is incredibly compelling. The marriage of clicks and bricks is something that marketers have sought after since the beginning of the ecommerce era. The marriage between online and offline marketing will be realized to a greater degree with the assistance of mobile commerce applications. Some applications you should be paying attention to in this space are:
One of the newer names in the space (the company is actually not new, they simply changed their name) is a company called Shopsavvy. They are incredibly hot this month due to the way in which their application takes advantage of the new T-Mobile G1 (powered by Android). The application combines the ability to scan bar codes, comparison shop both online and off-as well as a plethora of other features that include location and social media.
While I would never utter the words, "this is the year of mobile", I do feel that mobile devices are getting us closer to the second part of Mary Meeker's vision. Look out for further advances in the realm of localized content and services over the next year.