|
November 12, 2010 – 6:18 pm |
Abdul Fattah Ismail |
|
|
|
|
Good afternoon, everyone. We are back with the Weekly Blueliner Newsminer, starting now.
1. The Joke Is On Tweeter
This case shows the dark side of social media. More people are paying attention in the cyberworld than anticipated, and the wrong comment will burn you. In this story, a man from South Yorkshire in the UK tweeted a joke about bombing a local airport when it shut down due to inclement weather. Ironically, the ruling on a piece of legislation from the 1930s. Honorable Jacqueline Davis in a quote from The Guardian, “The tweet was menacing in its content and obviously so. It could not be more clear. Any ordinary person reading this would see it in that way and be alarmed.” It is too facile to say that censorship is in play when participating in an online community. Twitterati are challenging the rise of legal infiltration online with a Spartacus hashtag, but they should be honest with themselves. Tact is king.
2. Internet Space Squeeze
Online growth could reach a limit by Spring 2011, according to a founding father of the Internet. Vint Cerf believes that business are too focused on securing advertisers to meet their revenue quotas while forgetting the need to upgrade their internet protocols. According to the story, iPv6 is the latest version of internet protocol that enables trillions of unique IP addresses to float online. Cert feels that this will open up innovation between mature Western markets and the emerging ones of Asia. He has spoken with government officials in the White House and industry leaders in London to drum up awareness, and will intensify the campaign. This feed is one worth monitoring.
3. Wal-Mart Offers Free Shipping Online. For 60,000 Items.
Target and Amazon have already reached out with e-commerce deals that last through the holiday season. Wal-Mart reaches out with this deal, but the amount of items available is paltry. It is a similar model for how they solicit customers to purchase products in their mortar spaces. The store advertises rock bottom prices for featured items, but then displays better quality at the full price. This strategy has worked tremendously over the years, but it is far less effective online due to the infinite availability of choices. Target, in comparison, will offer free shipping on more than 800,000 items starting November 21st. Consumers must spend $50 to trigger the benefit, but that should be negligible with the expected rise in consumer spending. It seems like Wal-Mart is more interested in making the consumer think about clicking rather than pushing a full online strategy. Just my take.
4. Newsweek, Daily Beast Merge
The headline barely caused a ripple, mainly because both entities are struggling without an identity right now. They have had better days with once intriguing content, but have bled money over the past few years due to a poor business model with too little deftness for the impending onslaught of technology. As the article states, the three executives running the ship (Barry Diller, Tina Brown, and Sidney Harman (taking on a new venture at 92!) bring vastly different management styles. Who will be the one shepherding the strategy, especially as news content moves online and graphic design becomes a bigger point to luring customers? Newsweek once had a definable place in the weekly coverage, when I was a young kid. That seems like two hundred years ago. I’m not alone with the sentiment.
5. Media M&A Are Costlier in ’10
As the stock market percolates for the private sector, the value of corporate entities are rising as well. It is another sign that an economic turnaround, albeit slow, is coming along. The Federal Reserve recently conducted a second round of quantitative easing until late ’11. The MediaPost note says that media deals at cash flow multiples rose up to 50% to 10.5 times EBDITA (earnings before depreciation, amortization, and taxes) from a rating of 7 in late 2009. In plain English, companies are gaining net income. They have yet to figure out how to deploy those earnings, be it in technological strategies or new forms of advertising. If they would wake up and employ new media candidates, we’d be all the better for it.
That’s the Blue News this Friday. Have a good weekend.
Posted by
Abdul Fattah Ismail
Posted in
7 Pillars of Digital Marketing, blog, Blog Marketing, Business News, Digital Media, Interactive Marketing, Marketing, Social Media Marketing |
No Comments »
Tags: Blueliner Marketing, blueliner marketing llc, digital marketing agency nyc, weekly blueliner newsminer