Posts Tagged Web 2.0

The Recession is Over - But the Inter World Trouble is Only Beginning For Second Life

Plummeting real-estate prices, fears of infrastructure collapse, theft from the stock exchange and a run on Ginko Financial with customers queuing at the bank for almost a week demanding their money back. Thats the challenge Second Life (the online virtual world) faced a year ago. Ginko Financial later collapsed and was confirmed to be a Ponzi scheme when the avatars could get no more money from the bank and Linden Labs (The creators of Second Life) intervened liquidating the bank and banning banks from their world. They also used their own version of a stimulus package to get their economy going again.



Second Life



A year on and the in-world (virtual) recession in Second Life would seem to be well and truly over with GDP growth of 94% over the same period a year earlier and a real world economy worth $50 Million a month. You see many residents (as the users of Second Life are called) buy and sell property, products and services in Second Life for Linden Dollars L$ - which have a real world exchange rate (currently about L$280 / US$1). Some virtual merchants have made millions of US dollars designing and selling their virtual merchandise to residents.

No surprise then that the lines between what in essence is a game, and the real world have become very blurred when there is so much money at stake. Recently 2 of Second Lifes merchants Shannon Grie and Kevin Alderman have launched a legal case against Second Life in a very real life court (A US District Court in the Northern District of California).



Grie and Alderman (A.K.A. Munchflower Zaius and Stroker Serpentine in second life) claim that Linden Labs failed to protect them when Linden didn’t do enough to stop other residents from pirating their merchandise, which includes a line of gothic boutique clothing and sex-themed products which enable residents to engage in virtual sex.



Lets hope the Justice hearing the case has either a great sense of humour or a vivid imagination :)

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Its Cool To Be A Geek

A GEEK according to Wikipedia is;

“A person who is interested in technology, especially computing and new media.”

There are also a number of other less charming definitions available (but we will ignore those for now).

I remember when I was growing up the word “Geek” was always used in a very derogatory fashion and you would do everything in your power to avoid being referred to as a geek. These days its not so, with tens of millions of self professed geeks on the web it seems to be the latest buzz and you are not quiet cool unless you are a geek.

There is good reason for this, geeks have shown the world that using technology and social media (Twitter, Facebook, Blogs, etc, etc) is a phenomenally powerful and fun way to communicate with people from around the corner and around the world.

Have a look at the video below and if you want to confess to being a geek - make your confession in the comment box below.

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Zombie Thinking In The Digital Age

Zombie thinking is mindlessly doing what has always been done while ignoring diminishing returns.  It might seem like an odd opener but it seems to be happening alot lately.  Consider General Motors, for many decades the ultimate blue-chip company ground into bankruptcy because of zombie thinking.  There are any number of explanations for GM’s fate, but the main reason seems to stem from the fact that they didn’t listen to their customers and continued to produce products that they didn’t want.

On a smaller scale many companies suffer from a similar fate with their online efforts.  The difficulty starts out with the assumption that online marketing is the same as traditional marketing.  This view was OK with Web 1.0, but with the phenomenal adoption of Web 2.0 all the rules have changed.

It’s difficult to define the differences between Web 1.0 and Web 2.0 in a single sentence - One simple explanation is Web 1.0 was a monologue and Web 2.0 is a dialogue.  Traditionally, brand owners created, distributed and controlled the message, it was very much a one-way feed.  Nowadays the situation is very different, consumers now have a real voice, both individually and collectively.

Yes you can try to get hip by creating a company blog, a facebook page and even a twitter account.  You can pull out your brand guidelines book and customise these pages with your company colours and fonts, but is anyone actually looking?

“People communicate with people on Social Media, not with companies”


So you decide to let some of your employees start communicating with your customers via blogs, twitter and facebook, you pull out your brand guidelines book, but you can’t find the section that deals with this, sounds familiar?

The truth is that the majority of companies have not yet gotten around to deciding how to deal with this opportunity, some have taken the step of blocking it because they don’t understand it (this happened many times before - remember companies blocking internet access and email because it was only a distraction).

The road to success with Web 2.0 is a challenging one.  If you accept the basic principle of putting your people out in front of your brand you will have many difficult questions to address.

In addition to the areas you will already have covered such as, tone of voice, phrases to own, tense etc, you will now also need to provide guidelines on grammar, personal exposure (what you can reveal about yourself), politics, religion, interests, passions, etc.  Additionally, you need to start a campaign to monitor mentions of your company on the wire and decide whether or not your policy is to respond to every post, how to deal with criticism and even what to do with positive mentions and compliments.

There is also the discomforting fact that what your employees write doesn’t get sanitised by your PR and Legal departments, this actually gets at the essence of what Web 2.0 is about, if every statement were to be sanitised through the corporate mill there may be no message left at the end of it and after all your customers are looking for human interaction not polished corporate spiel accompanied by a ten page legal disclaimer.

One company who has stepped up to this challenge particularly well is Microsoft, for many years Microsoft was the company that everyone loved to hate, over the past couple of years Microsoft has used the power of its own people to put a personal face to the company and re-vitalise the brand in the eyes of its customers.  They refer to each of their employees as “Brand Ambassadors” and give them the responsibility to represent the Microsoft brand to the world in a very personal way.  For one, I think they have achieved remarkable success.

Here are a couple of tips to guide your efforts;

  • Dont ignore Web 2.0, its not going away anytime soon
  • Do participate in conversations but don’t try to dominate
  • Do use Buzz Monitoring Tools
  • Do update your brand guidelines to set some ground-rules for your employees engaging with customers on-line
  • Dont be afraid of making the odd mistake, afterall we are all human
  • Do let people have a little fun with this

“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” Charles Darwin

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A glimpse of the future with Google Wave

I highly recomend watching this video of the keynote speech on Google Wave. Its 1 hour, 20 minutes but if you want to see the future of the web take the time.

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Blue Skies For Clouds Computing?

Increasingly companies are realising the vast potential cloud computing has to offer.  Like many others the New York Times has recently created a new website which gives users a fully searchable archive of all the articles it published between 1851 and 1922, that’s about 13 million articles.

More impressively, it has done this without installing any new servers or bandwidth.

How did they do this? Simple! They used Amazons cloud computing service offering.

Cloud computing is one of the most promising new uses of technology we have seen in a long time.  Just a few years ago if you wanted to do something on the web, you needed to go out and buy servers, software, etc - get it all connected to the internet and then start worrying about your project.

With the advent of Web 2.0 and the usage of “The Network as a Platform” this has all changed.  Cloud computing has the nice advantage of having software, hardware and bandwidth as a pay as you go service.

Many organisations are now looking at cloud computing and realising that it makes a lot of sense, instead of having to dedicate precious resources keeping their own data centres running they can opt to pay someone like Amazon, Google, Microsoft or Dell a modest fee to worry about keeping all the hardware, infrastructure and software running 24/7 for them.

It probably works out a lot greener and less expensive too.  Traditionally companies scaled their data centers and bandwidth to deal with their busiest periods.  This often meant way over specified connections and processing power that was well under utilised 95% or more of the time.  As we all know, servers running waiting for someone to use them cost us all a lot in terms of money and carbon footprint.

Google has been a big proponent of this technology, providing services like GMail, and it Google Apps which provide email, calendar, word processing, spreadsheets and storage to any web connect device - no software required.

Since Google launched it enterprise apps in early 2007 it has already in excess of half a million subscribers using the service.  Microsoft has just followed suit launching “Office Live” and Microsoft On-Line.

These are excellent tools for individuals and small businesses who don’t want to invest in all the software, servers and data centers typically required to run simple tasks like email and word processing.

But what about larger enterprises? It is true that there is some resistance to implementing these services, however, take Coca Cola for example; It has recently signed a deal with Microsoft that will effectively move all it email and documents off its own network and onto Microsoft Live.

There are some concerns about security and data sensitivity, after all if you embrace cloud computing you do need to trust the company providing you with this service and ultimately that is going to be an individual call for each company.

Trust me, this is one of the biggest developments since the sliced pan.

www.amazon.com/aws

www.google.com/apps

http://www.officelive.com/

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