Top 10 Brands, Services, and Startups of 2010

Today I started thinking about all of the startups, services, and brands that I was introduced to, influenced by, or impressed with this past year and it gave me an idea to do this post. Being an entrepreneur of sorts I do my best to stay aware of trends and absorb as much innovation and creativity from those that I respect as often as I can.  I know a lot of my friends do the same thing, every time a group of us are together someone usually brings up a new product or startup they have discovered and shares it with the group. I thought that this post would be a great discussion topic where I could list my top 10 favorite brands of 2010 and get feedback from the community on theirs and possibly Keith and I can roll all of these observations into a yearly wrap-up discussion podcast, The Best of 2010 on The Cotton Club Podcast. We would also like to have as many of you that are interested, to be on the podcast to discuss the brands and startups you are passionate about and why.

Please review my top 10 picks as a starting point and feel free to critique them or add your own by leaving your comments below.  If we are able to generate enough discussion with this post and we decide to do a show, we would love to have each and everyone of you on to voice your opinions / picks.  Again, the basis for this discussion is what Brands, Services, or Startups were you most impressed with in 2010?

  1. logo-gowallaGowalla – While I know that Gowalla isn’t technically a 2010 startup or anything, but I still think of them as a startup of sorts because there is no way they have reached their maximum market share by any means.  I have to put them on the top of my list simply because of all of the startups and iphone apps I have had the pleasure of explaining to my non-technical friends, this one has by far been the most fun.  I also see a company that has a ton of room to grow.  Recently they launched business tools which will allow business owners to leverage the power of geosocial networking and I think that once this rolls out there will be a mass adoption of the technology.
  2. logo-manpacks Manpacks – Not since my teenage infatuation with the Victoria’s Secret catalog have I felt more strongly about a company that sold underwear. I love the idea behind this company, let’s face it, we all feel more confident when we know we have on clean underwear.  Basically the concept behind this site is that men, or the women that love them, can go onto this site and purchase a subscription that will send them new underwear, t-shirts, socks, razors, etc., every three months to their door whether they need it or not.  This company was founded by two guys, one of which will be on an upcoming episode of The Cotton Club, so be sure to check back soon, it should run sometime in the middle of December.
  3. logo-hootsuite Hootsuite – While Hootsuite isn’t a new company, they made a move this year that I thought was pretty gutsy in that they started charging for some of their products. In this fast paced tech vacuum we live in we have grown accustomed to things always being free, look at how hard it was for Facebook to eventually become profitable and how Twitter is still trying to figure out ways to monetize their expansive network. I admire Hootsuite for stepping up to the plate and knowing when the time was right and that people finally saw the value of their product well enough to start recouping some of their startup investment by charging for their service.  Keith Crawford and I even interviewed Dave Olson from Hootsuite on The Cotton Club one evening, you can find that interview here… It was a great show.
  4. logo-toms Tom’s Shoes – Something that a lot of people might not know is that while I was in High School I worked several years in my Uncle’s shoe store after school and during the summer.  It was by far one of the coolest jobs I have ever had and not only did I have a blast doing it, but my Uncle also taught me a lot about life and business in general.  He was an expert when it came to customer service, everyone left that store with a smile and a new pair of shoes.  All of this to say that I like the shoe business, a lot of people were surprised that I am not running a shoe store right now. When I first heard of Tom’s shoes I went to their website, and I will be the first to admit that out of all the shoes I saw I only found two that I would actually wear out in public, but that’s just my weird taste I guess, and honestly I am probably not as hip as I once used to be.  This doesn’t change the way I feel about this company though, and how they have built it from the ground up.  You have probably seen the commercials for Tom’s shoes where they say that for every pair of shoes they sell they will give a pair to a kid who needs them around the world.  Not only is this an awesome reason to run out and buy Tom’s shoes, but it’s also an excellent marketing plan.  People will identify with a cause, or charity a lot quicker than they will just about anything else these days.  When you combine that with your product, I just don’t see how it can fail. (sidenote: I was already a huge fan of Tom’s shoes but when they partnered with Gowalla on a campaign, I loved them that much more.  Here’s a link to their campaign…)
  5. logo-starbucks Starbucks – Granted in a down economy it’s not nearly as easy to sell $5 coffee as it once used to be so a company has to look for ways to generate new revenue sources.  Full disclosure, I am a loyal Starbucks shareholder and have been for a long time now so I track their moves pretty closely.  When Starbucks first starting to fumble it was apparent to me that they had lost their vision a bit and that something was missing.  Finally everyone came to their senses and brought back Howard Schultz in 2008 who had the initial passion and vision that helped make Starbucks a household name. From that point on, in my opinion, Starbucks has been heading in the right direction again.  And kudos to them for introducing a new line of instant coffee’s that are competitively priced and available in a lot of supermarkets now.  Usually the inventor is the best person to re-invent something.
  6. Moleskine and Field Notes (this was a tie)logo-moleskine Moleskine – I am a note taker, I have project notes archived in indexed storage boxes going back to the 1990’s that I can’t seem to be able to throw away.  I first started using the Franklin/Covey system and then migrated over to the DayRunner solution because their refill pages were easier to locate where I lived.  Over time I found myself keeping things like Contacts and Calendar dates exclusively in electronic format in Microsoft Outlook so my need for the enhanced systems for Dayrunner and Franklin just wasn’t there so I moved over to grid tablets that I would pick up at Office Depot but when I would pull one out in a meeting I always felt like it looked unprofessional, just like a glowing yellow legal tablet, I hate those.  Well, needless to say when I found out that I could get these rugged notebooks with a durable cover and binding that had grids so I could do my random sketches and notes on them, I fell in love immediately.  I have moved up to their largest notebook now and it’s absolutely perfect.  What’s really cool about Moleskin is how they have caught on w/ some of my friends too.  I can’t say anything that Moleskine has done in terms of marketing their product that has struck me as innovative but I will say that their dedication to their product and it’s quality is legendary, and that is often something consumers realize instantly and manufacturers take for granted. Just make good stuff and once consumers find out about you, they will be loyal.  The one thing that I think will help Moleskine eventually is for them to get more retail saturation, right now I have to go to Barnes and Noble in Little Rock to get a new notebook.logo-fieldnotes Field Notes – I often carry a secondary notebook around with me for quick things that are going to get torn out and not archived, for instance a shopping list, things to do around the house, yardwork, etc.  For occasions such as this I also like the field notes product. These are durable notebooks that also come with grid paper inside, I especially love their raven wing edition.  Something that I think helped these guys have some instant credibility was their relationship w/ 37 Signals, a lot of people may not know this but up until recently they actually shared an office together.  In case you aren’t familiar w/ 37 Signals, they are the people that brought Basecamp to the industry.  The one thing holding Field Notes back right now in my opinion is that they are even harder to find than Moleskine, in fact no where in Arkansas sells them. You have to go to Missouri to buy them or order them from the Field Notes website.
  7. logo-apple Apple – Granted, Apple is definitely not a startup by any means.  In fact I would say that a vast majority of their biggest fans weren’t born yet when they formed in 1976.  Before I go any further I should probably disclose that I am also a shareholder (even though I usually don’t buy stocks that don’t pay dividends).  I also purchased my first MacBook Pro last year and over the past year or so I have grown to appreciate their commitment to quality and innovation with their products.  I also carry an iPhone, that while it might not be the best phone in the world in terms of making a phone call, it will definitely run enough cool apps to make up for it.  I am not big on talking on the phone anyway!  I think Apple’s founder Steve Jobs first earned my respect when he took the iPod to a group of “experts” to see how they thought it would perform in the marketplace with consumers.  They studied the prototype and came back to him to say that they didn’t think it would do that great because it wasn’t small and silver like all of the other mp3 players on the market, and furthermore the wheel with lack of buttons didn’t appeal to them either.  Well, the rest is history.  Not taking no for an answer Jobs insisted on being different and by doing so he has gifted more innovation to the world than anyone else I can think of.  Arguably some could also throw Bill Gates into that same statement but I would much rather hang out w/ Jobs than Gates any day.
  8. logo-hulu Hulu – Hulu was launched in 2007 as a cooperative effort between several network giants that you would not typically see playing together nicely.  The thing is though, NBC, Fox, and ABC all stand to profit from their endeavor greatly because this thing has really taken off.  Basically Hulu streams network programs online on demand.  Let’s say you missed Two and a Half Men last night, no problem, watch it on your lunch break.  Their service is monetized by ad sales. Keep your eyes open for more and more exposure and placement involving Hulu.  It’s an awesome service.
  9. logo-facebook Facebook – It’s somewhat comical to think that Facebook was once a startup founded by a college kid who’s motivation was fed by his desire to meet girls. They have grown this network into something that even exceeded my expectations.  For a long time I viewed Facebook as the empire that would one day turn MySpace into a newer version of GeoCities, but with innovations and careful planning they have rolled out innovation like no other company I have ever known.  I can remember calling my partners one evening while I was reading about Facebook Connect and telling them that eventually this would be something that we would interact with on a daily basis for our clients.  For the most part that is already a reality.  I also really like how Facebook stepped up to the plate this year and realized the demand for a Geosocial product and delivered one, albeit not as fun as Gowalla or as easy to cheat as Foursquare, they still managed to incorporate something i do like, Deals.  I think that this is worthy of watching over the next year to see how it matures and how businesses become early adopters.
  10. logo-evernote Evernote – Evernote is a product that i use on an almost daily basis and that I have literally fallen in love with.  I have also heard a lot of my friends from within the tech community rave about Evernote as well.  It’s an extremely practical application that allows users to take notes, audio recordings, photos, etc. and archive them in a web-based solution that can be synchronized between desktop and mobile devices.  Evernote also allows for sharing as well.  I haven’t seen a lot of marketing innovation by Evernote to help grow their user base which tells me that it has primarily been a grass roots movement of satisfied users getting their name out there that has helped them grow.  Evernote almost didn’t make this list though, and I will be happy to share why…  I made a simple suggestion as to how I thought they could make their product a little more useful in one of their support forums or message boards, and I was quickly chastised and treated rudely from a “senior member” of their community who immediately started saying that my idea sucked and that Evernote would never do that.  Well, I kept my cool during the entire exchange on their message board and eventually a few others chimed in to agree w/ me and they thought my idea was actually good and they would like to see that as well.  I did tastefully ask the person who was so antagonistic with me on the message board to just Google my name and learn a little bit more about who I was and had accomplished in my career before he shot down my ideas, maybe I had had a few good ideas over the years and he should listen to me, or at least take me serious.  That was the last exchange I had from the “senior member” or whatever on the message board and I decided to take the tread down.  About a month later, Evernote added the feature that I had asked for in my post.  I never heard anything from them about any of this but I just thought it was a dangerous thing to have users instead of actual representatives from the company or community managers being the voice of your product to your user base.  I hope they change this, and it might be already.  They could at least send me a sticker pack for my negative experience…

Who Almost Made the Cut?

I have several that I wanted to add but ran out of room.  One company that I think you should keep your eye on for 2011 is Footfeed.  Keith and I interviewed their CEO a few weeks ago on The Cotton Club and it was an awesome interview, you can listen to that here.

Another entity that I really wanted to add was the website TMZ but I was afraid there would be this huge backlash of people pointing at me and laughing but I have to say that as a web-preneur I am extremely impressed with how quickly this website (which is basically a daily blog) that covers Hollywood and Entertainment gossip has grown their community and quickly risen as a credible news organization. Harvey Levin and his people have worked hard and they beat the other network news outlets to the punch every time for late breaking Lindsay Lohan news we can’t live without.

Also absent from the list was Groupon. I really like what Groupon has been able to do w/ their startup.  They are already generating tons of money and on top of the world but I don’t think they are anywhere near their potential yet so I will likely have them #1 on my 2011 list.

Who Didn’t Make the Cut?

For the record, I still think Twitter is cool, but I didn’t really want to list them because I am still scratching my head as to their motive for a few decisions they have made this past year, the first being why in the world they decided to compete with the developers who have helped them grow by releasing their own app.  Another thing I question is the vision they have for profitability.  I worry how they can sustain themselves long term w/ their current model. However, one thing that I will say about Twitter that is favorable is that they are certainly a lot more stable now than they were a year ago.

I also didn’t mention Google in the list.  I am just not a fan boy, and I certainly can’t think of anything cool that they did in 2010 to impress me.  My heart still goes out to those 9 people who were sad to see Google Wave go way…

Also, absent from the list is Microsoft, who I can’t remember doing anything impressive or innovative in a while.  I also chose to exclude Adobe, while I am a huge fan of a few of their products like Dreamweaver, Illustrator, and Photoshop, I haven’t seen anything cool out of them in a while that was life changing for me.

So, what are your thoughts? What Brands, Services, or Startups were you most impressed with in 2010? Drop your comments below…

Also, as a sidenote, If you comment and would like to be on our year-end podcast (date to be announced later), be sure to add me on Skype: cotton.rohrscheib

EP:020 – The Cotton Club Podcast

thecottonclubpodcastsign_thumb This past week Keith Crawford, Luke Irvin, and I sat down with the CEO of Footfeed, Dennis Mink to discuss their brilliant iphone application. Footfeed is a new mobile geo location check-in aggregator network that brings together many web services so users can checkin to many networks simultaneously. Built from the ground up as a stand alone check-in service, Footfeed integrates APIs from Brightkite, Foursquare, Gowalla, Facebook (and soon Twitter, Google Latitude and Whrrl).

Footfeed features an advanced location matching algorithm that matches locations across different services so that users can check-in to multiple services with one click. Using the Footfeed mobile check-in app, users can have their location matched across the different networks connected to their account and check-in to all networks simultaneously. Footfeed also offers an API to developers and companies interested in adding multi check-in capabilities to their apps.

Footfeed was co-founded by Dennis Mink and Benjamin Floering and incorporated in January 2010. Dennis brings 12 years of experience in marketing and product development, having built two successful digital marketing agencies in Los Angeles. Ben Floering, who worked with IBM and AMD, is a senior software engineer and core code contributor to the Rails code base. In addition, Val Ornoy, a serial entrepreneur who most recently led business development in location-based services for Motorola, and a 14 year veteran in the mobile and tech space, heads up business development.

Have you tried Footfeed yet? If so, what are your thoughts??

EP:019 – The Cotton Club Podcast

thecottonclubpodcastsign_thumb_thumb[1] The big story today in our industry was the announcement that a lot of applications inside the Facebook social network exposed certain information about users.  Granted Facebook has done a lot to promote privacy within their platform, they even reinvented and simplified their privacy controls for users.  I don’t think that Facebook is solely responsible for the issues that were reported today.  Personally I think the application developers are the responsible parties.  (to read news reports on this topic, click here…)

Facebook jumped on this issue quickly and shut down several apps today until they could get the situation under control and remedy this PR nightmare before it got out of hand.  Personally I had two separate phone calls today from Facebook users asking my opinion on what I thought they should do.  Of course my first advice was to stop playing Farmville.  It’s a huge waste of time.  (Just kidding, don’t send hate mail)

Since this is a pretty hot topic, I decided to have Abbi Siler from Local2Social on The Cotton Club Podcast this evening to discuss the topic and clarify a few things as well as providing some tips and tricks to members of the Facebook Community.  If you would like to contact Abbi please feel free to do so, her email address is: abbi.siler@gmail.com, and her telephone # is: 501-786-3412. To listen to this interview, just hit the play button below:

The Hazards of Representing Client Brands Socially…

image_thumb_thumb[1] Last week my partners and I were discussing social media and how it fits into our spectrum of products and services.  Just like any business we want to bring as many products and services to the market as we possibly can that will increase revenue.  After all, that’s the name of the game right?  Whenever we get on the topic of social media I always run into a little resistance from my partners because they simply do not interact using social media like I do, nor do they follow the industry as closely.

This is not a bad thing at all, in fact I think this is a good thing because whenever I bring an idea relating to social media to them or to a client they will often times force me into a position of selling them on the idea and showing them how it can work. This has helped us avoid adopting things too early in a lot of cases and wasting our time and resources.  Typically if we recommend a social strategy for a client or ourselves internally, it’s usually something we have put a lot more hours into discussing than we can actually bill the client for. Granted that’s a bad thing for the bottom line but in terms of providing our clients with the best possible strategy it’s actually a good thing.

Interactive Agencies Should Make Money! Right?

Absolutely. Now, I am fixing to be extremely transparent and disclose some high level discussions between my partners and I just to make some points. We have played around with the idea of us adding social media representation to our list of products and services.  By Social Media Representation I am referring to our company monitoring our clients brands online and engaging their community on their behalf.  A social media agency of record more or less.

It Seemed Like a Great Idea at the Time…

I pointed out to my partners last Friday that I thought we should consider this as a way to increase revenue, especially since we have added new members to our team that are skilled in this arena.  The potential for clients to hand over their social media presence and paying us to manage it for them seemed pretty incredible. In fact, I had two or three clients in mind that I could walk into their offices tomorrow and sell them on this idea. Let me also state for the record, this is not a new idea by any means, a lot of companies out there are already doing this. Also, let me state for the record that I have nothing against those guys, a lot of them are probably my friends and I have a ton of respect for them but after a revelation this weekend I was forced to do a complete 360 this morning at our Monday morning team meeting.

A blog post by Sean Corcoran sort of got the ball rolling on this and then I spoke with several friends inside the industry in depth on this topic and we all came to similar conclusions…  Providing social media representation for a client can be dangerous, ineffective, and a huge liability.  Now, if you are a client, or maybe a potential client, and you are reading this, here’s a few reasons why I don’t want to provide representation to you:

We Don’t Know Your Business Well Enough…

As a founding partner in a reputable interactive agency and someone that has delivered hundreds of client projects over the past decade I will be the first person to say that in order for a project to be successful you have to practically immerse yourself in your clients business.  You need to have a good understanding of what their goals are, that’s a given, but you also need to know which products need to be in the spotlight and which ones should be on page 3.  You also need to know who the clients target audience is, and how best to reach them. These are just a few things that come to mind regarding the scope of a project.  Granted, an argument can be made that by understanding these things about a business would classify us as knowledgeable but does it really?  Let me layout an example…

Let’s say we are representing a client that sells camping equipment by monitoring their brand socially and we discover this tweet:

I bought a tent from @CompanyX yesterday and didn’t realize the zipper was defective until we got to the campsite. #CompanyX #Fail

Okay, I think we can all agree this is bad and Company X needs to respond quickly to this escalating situation. Again, Company X is completely unaware that this tweet just got broadcasted to all 1000+ of this guys twitter followers and they are relying on us to represent them in the best possible way.  I think we can all agree that whoever this guy is certainly deserves at least a new tent out of the deal, but do we have that authority to replace a $500 tent?  Probably not immediately, and it would require a few phone calls to Company X on our part to see how they wanted to proceed with this situation.  Meanwhile this tweet is still marinating for everyone in the social landscape to see, for all we know this guy may also share his tweets on Facebook as status updates, therefore further exposing the bad experience to his friends…

Let’s say we call Company X as soon as the situation arises, which most likely won’t be the case, realistically it could be an hour or two or maybe even longer before we spot the tweet and then the time it takes for us to reach Company X to see how they want us to handle it.  All of this in a world where things happen so quickly, this is not doing Company X or their consumer any favors.  Quick resolution is the only response to a situation like this.  In our phone call to Company X we get a different response than what we had anticipated, they laugh and then proceed to say that this guy must not have read the directions and then go on to inform us that their zippers have a tiny piece of plastic inserted between the pull and the track before leaving the factory to keep them from sticking together while they are on the retail shelves.  All of this over a tiny piece of plastic, but here’s the big picture, if Company X had someone internally monitoring their brand via social media, they could have resolved this before it got blown out of proportion and shared with 1000+ potential consumers.  See my point?

As a client we know that Company X has an awesome line of tents and camping equipment and we know exactly which tent models make them the most money, but how could we have ever known about that tiny piece of plastic inserted at the factory?

That’s Why They Have Community Managers…

A trend that I have been following with many of today’s top companies is the addition of a new employee who’s duties consist entirely of monitoring their brand online.  I highly recommend clients that can afford this to do so as opposed to trying to outsource this.  Another common practice today is to hand these responsibilities off to a current employee in addition to their existing job duties.  I am not as keen on this as the first option but in a tight spot this could potentially work, the only advice I have for anyone considering this is to make sure whoever gets awarded this responsibility is trained and understands social media.

Having the Wrong Person can be Worse than Not Doing Anything…

Let’s say that Company X has a person monitoring their social brand and they don’t display compassion or interest in helping others, the idea to enter into social media can come back and bite you quickly.  One bad social media exchange can cost you down the road.  Let’s also say that you hire someone who doesn’t engage community members or is slow to respond, this can also be detrimental to your brand. As consumers, we like engagement from the brands we use.

Liability and Getting Sued…

Another reason I don’t want to represent your brand socially is the huge liability it places on me.  I am a huge proponent of fiduciary obligation and giving our clients their moneys worth.  Many times this includes going beyond the scope of a project and doing things for free, that’s just a fact of life in our industry sometimes.  In the long run if it means it will keep the client happy and add to the overall success of a project, we usually go that extra mile.  In my opinion with brand representation it’s a little bit different.

Let’s say that Company X has a competitor that is aggressively attacking Company X’s products quality and integrity.  How Company X responds to these attacks is extremely important and should be worded carefully.  Just one slip of the tongue so to speak could land Company X in a lawsuit with their competitor pretty quickly.  Anyone who has participated in a head to head marketing campaign knows that this is a reality and it happens all of the time.  In most cases large sums of money in damages are awarded to one company and the other is left holding the bag for a huge legal bill on top of whatever damages are assessed.  In the event that this should happen to a client we represent I would totally expect them to look to us as being responsible.  This is not a place that I want to position a company that I love and have worked hard to make successful. I am sure that as a potential client, and a business owner, you can respect my position on this.

It’s About Engagement, Listening to Your Consumers Helps You.

One of the first rules of success in retail is having exactly what your target audience is looking for.  The best way to do this is to interact with your target audience and get their feedback, especially if you are also the manufacturer.  I think sometimes businesses get locked into a mode where they have on blinders when it comes to their products and services and consume themselves with trying to control costs and manage efficiency.  This is definitely bad, losing touch with consumer demand can wreck a company.

As consumers we love to add input when it comes to products and brands that we love and are loyal to. That’s just how it is.  Well, the best way to keep your hand on the pulse of consumers these days is not in a focus group setting like many brands still rely on. The best way, in my opinion, is to engage your loyal consumer community socially and ask them what they would like to see. I think once many brands catch onto this they will find that my theory is right on.

Now, let’s say that a company outsources their social media representation to an outside firm, in my opinion, they have basically handed off the most important link to their consumer base that may have ever known.  Granted, any firm they outsource to is going to do their best to convey their findings to their client but I think a lot of times small details get omitted that could hinder innovation.

There are Surely Exceptions…

I firmly agree that there are exceptions to my position, small businesses present a lot less liability than larger corporations.  Smaller businesses also have completely different goals for what they want to accomplish with social media.  I think these instances are best examined and considered on a case by case basis but before entering into any agreement for representation both parties should establish clear positions and binding contracts and liability waivers need to be implemented.  I think the biggest thing is that everyone needs to understand the risks.

What Services Am I Comfortable Providing?

This is something I have pondered all day long given my complete 360 on this matter, and here are a few things that I think my partners and I may consider adding to our product and service offerings under the heading of social media consultation:

Social Media 101 – What is Social Media? Rules of Engagement – How to Use and Interact w/ Social Media Brand Monitoring – How to track your brand using Social Media
Social Media Integration – Integrating Social Media into a Web Presence
Social Media Automation – Automating Tweets & Facebook Posts w/ New Content
Social Media Coaching – Provide Inspiration, Thoughts, and Strategy

Shameless Self Promotion

While we may not want to expose ourselves as a company to anything outside of what I have outlined above, we do feel that our social media consulting services can provide your company or organization with the right tools and knowledge to establish and maintain and effective social presence for your organization. Our rates for social media consultations have yet to be established but keep watching our corporate website for news and information.

What Are Your Thoughts?

Is my line of thinking wrong?  I would love to hear from you and get your thoughts on this topic.  Do you provide brand representation for clients using social media?  What are your thoughts on my concerns?  What best practices do you have in place currently?

—————————————————
Update: 10/18/2010 – This blog post served as the basis for Episode 18 of The Cotton Club Podcast, you can listen to this episode in it’s entirety here…

EP:017 – The Cotton Club Podcast

thecottonclubpodcastsign_thumb It has been a few weeks since we released an episode of The Cotton Club so last night Keith Crawford, Steven Trotter, Craig McCoy, Abbi Siler and I all sat down to record one.  For some reason the quality on this episode isn’t as good as previous episodes so please bear with me as we look into that and get it corrected for future shows.

Some of the topics we covered included Barcamp Jonesboro, Facebook, the movie ‘The Social Network’ and a hodgepodge of other tech related topics.  While the quality of this show was less than stellar I think the content was awesome. As always we also covered our iphone apps of the week. Be sure to listen in and let me know what you think…

‘The Social Network’ Review

the_social_network_movie_review This past weekend I took my wife on date night to see ‘The Social Network’, the story of Facebook, or at least an account of the story shared in the popular book ‘The Accidental Billionaires’ by Ben Mezrich.  From what I have gathered, the research for the book was based primarily on legal transcripts so there are a lot of truths / facts presented accurately in the movie.  The issues I had with the movie were few, I found it to be very entertaining…

One of the issues I had was the way that Zuckerberg was presented, I thought they did a great job casting him and all of that but I think that maybe he got portrayed as a person who was somewhat cold and callous and extremely awkward.  While I will admit he is somewhat awkward in his interviews, etc., he is not nearly as awkward as he was portrayed in the movie, not today at least.  Just google Mark Zuckerberg videos and see for yourself. 

My other issue was w/ how Sean Parker was portrayed in the movie.  I thought they more or less demonized his role and only showed the bad.  I think that there is a period of time where he advised the Facebook crew after they arrived in California that was pivotal to Facebook’s growth.  After all, he did put them on the map internationally in the beginning. Granted, his cocaine usage and all of that is wrong and over the top but his initial guidance shouldn’t be overlooked.

Well, that’s my movie review.  What did you think of the movie? What was your favorite scene / quotation? Drop a comment below and let me know…

The GeoSocial Shakedown

image_thumb I have been in the process of revamping my presentation from Barcamp Conway on The GeoSocial Shakedown for Barcamp Jonesboro this upcoming weekend and I figured I would do an accompanying blog post to go along w/ the presentation. Please keep in mind that this technology is still in it’s very infancy so a lot of these notes may become outdated rather quickly.  Since I am revamping my initial presentation I will likely post a link to my updated slide share once I am finished editing it.

The purpose for this presentation is to explain GeoSocial Networking and highlight two of the most popular location based applications on the market today; Gowalla and Foursquare, and show how they are being used by many of today’s leading consumer brands as an integral part of their interactive marketing campaigns.

Presentation geosocial-shakedown-2
View more presentations from Pleth, LLC.

 

What is GeoSocial Networking?

GeoSocial Networking allows users to interact, relative to their location, using wireless devices such as smart phones, with their established network of friends. ex. Facebook, Twitter, Gowalla, Foursquare, etc.  GeoSocial uses established or crowdsourced coordinates for events, locations, buildings, and landmarks as check in locations. Some GeoSocial applications that support crowd sourcing may allow it’s members to create locations on the go.

In some networks, users can also share location specific reviews and tips for future visitors to a venue or location that they feel to be relevant. This primarily exists on Foursquare at the moment but there is evidence that other networks are beginning to see the value for these location based notations and may soon incorporate this functionality into future releases.image

GeoSocial Networks like Gowalla & Foursquare have social networks within themselves but also interact very well with external networks like Twitter & Facebook. Several GeoSocial Networks like Gowalla and Foursquare already have a built in gaming aspect to keep their applications fun and appealing to their user base.  For instance, Gowalla has virtual swag, trip pins, and Foursquare has mayorship competitions for users that like to oust their friends at a particular venue.

Many brands have also started to work with these Geosocial Networks to offer up tangible prizes for users based on varying levels of involvement. Some recent examples include Tom’s Shoes, Eyefi, and Levi’s which require very little effort…

Some Popular GeoSocial Networking Applications…

New GeoSocial Applications are being launched quite frequently but some of the pioneers in the industry include: Brightkite, Fire Eagle, Gbanga, Google Latitude, Loopt, MyTown, Hotlist, Scvngr, Socialight, Waze, and Yelp. The two leading applications today are Foursquare & Gowalla.  Facebook also has to be considered a leader as well in this niche but since their network is so broad already and most users don’t understand Places yet I don’t consider it a player yet.  Let’s take a closer look at the leaders and examine their market shares…

Foursquare: is the most widely used GeoSocial Application at this time, but my prediction is that Gowalla will one day close in on them.  Foursquare is located in New York and was founded by: Dennis Crowley and Naveen Selvadurai. Foursquare allows users to connect with friends and check in at locations.  Foursquare users are awarded points and badges.  Loyal visitors to an establishment might be crowned as mayor. Users can also create private to-do lists for a venue for themselves or they can create a public tip that is shared with everyone who checks in at that venue.  Foursquare presently have over 500k users as of March 2010 and has apps for iPhone, Android, webOS, Windows Phone 7 and BlackBerry.  Foursquare recently partnered with Zagat, New York Times, and Conde Nast to offer various promotions.  Fourquare currently has three levels of superuser status, each with varying levels of control to edit locations.

Gowalla is located in Austin, Texas and was founded by: Josh Williams.  Users connect with friends and check in at locations. As a reward users will sometimes receive items for checking in.  Inside the Gowalla network, featured spots have custom icons or stamps that are highly collected by avid Gowalla users. Users can drop items at a location and become a founder of that location. Trips can be added by users by grouping locations together, users who complete these trips are awarded pins. Gowalla presently has over 150k users as of March 2010 and they have apps for iPhone, Android, webOS, Windows Phone 7 and BlackBerry.   Gowalla recently partnered with CNN, National Geographic, Tom’s Shoes, and Eye-fi to produce various promotions to their users. Gowalla has an elevated user level called Street Team Elite that can modify location data and add additional content about a venue. In December 2009, Gowalla had raised $8.4m in venture capital…

Market Share (Gowalla –vs- Foursquare)

image Presently Foursquare has an impressive lead over Gowalla in terms of their user base and the number of checkins each network sees but Gowalla’s userbase seems to be more passionate and dedicated.  While Foursquare may appeal to the masses right now it’s appeal to the hardcore geosocial user might not be as favorable due to it’s overall flakiness.

I like to tell people that they should look at Foursquare as the Myspace of GeoSocial and look at Gowalla as the Facebook.  One day Foursquare will realize that Gowalla’s steady plotting and careful development and planning for their product might have been a slower approach but it will pay dividends by the time Geosocial hits the mainstream.

Early on in the GeoSocial Wars Foursquare was able to pick up a lot of it’s userbase because of their avialability on multiple platforms (Android, Blackberry, etc.), once Gowalla released their application on these platforms the gap started to narrow.

I anticipate another way that Gowalla can close the gap on Foursquare would be for them to increase the visbility of their business components and tools.  The more brand involvement they can get, the more users they will attract once the word gets out.

Business Implications / Applications for GeoSocial

Geosocial adoption by Businesses and Brands has been slow initially but as the industry continues to evolve, this should all change.  Currently on the Gowalla network established businesses or locations can track visitors pretty easily.  An example can be found below for a coffee shop that has seen 92 users check in over 224 Times.  If you look closely at the graphic below, you will also notice that this business provides a 10% off promotion in tandem.
image

For the owner of this business, it’s fairly easy to figure out who his customers are using this service.  They also have access to how many visits a user has made to a particular location, this helps to pinpoint who your frequent fliers or best customers are.

Promotional Opportunities & Contests for Businesses & Brands w/ Geosocial…

Users can participate almost effortlessly in various promotions and contests via GeoSocial.  Some recent examples include Tom’s Shoes, where users could win 1 of 1000 pairs of Tom’s shoes, an AT&T smartphone or notebook, or a trip to Argentina.  All users had to do to participate was to check in at electronic and clothing stores for a chance to be entered.

Some other practical applications for geosocial include discounts for mayors or users with multiple checkins, custom icons for branding are also available inside the Gowalla network. Brands can also increase awareness of their products by utilizing giveaways to users.

Starbucks Loyalty Rewards with Foursquare offers mayors a $1 discount on a Frappucino. The special greets users with this message: “As mayor of this store, enjoy $1 off a NEW however-you-want-it Frappuccino blended beverage. Any size, any flavor. Offer valid until 6/28.”

The opportunities for businesses and brands to leverage Geosocial are limitless, I have just shared a few that I know to have been successful campaigns.  For most small business owners with limited advertising capital, the need to think out of the box is critical to maximizing your efforts and getting the most bang for your buck.  Geosocial, in tandem with a social network campaign might provide the most bang for your marketing dollar.

 

Event Promotion w/ Geosocial – Toadsuck Daze

image This past year we worked with Gowalla to establish a custom event stamp for the 2010 Toad Suck Daze festival. Festival goers on the Gowalla social network had the opportunity to check in at the live event, which was a 12hr span of time, to receive a limited edition custom event stamp for the festival.

We scheduled a tweetup in the square that morning for everyone to check in and get their stamp.  We had users drive from as far as Little Rock and Hot Springs just to get their event stamp.  The rest of the festivals festivities were secondary to them.

For coordinators of larger events, conferences, and meetings, exposure on these geosocial networks might be an effective way to increase visibility for your event as well as boosting attendance.

 

What’s Fueling the GeoSocial Craze?

Several factors are fueling the Geosocial craze right now. The top factor would have to be the incrase of smartphone usage today.  Blackberry, Palm, Android, and the Iphone are only continuing to surpass analysts predictions and will soon dominate how content is delivered.  Emerging device markets such as the pad, or tablet, are also fueling user base growth in the geosocial realm. The iPad already has beautiful apps specifically designed for it by Foursquare & Gowalla.

The gaming aspect of some networks is also attracting users in search of swag, tangible prizes, discounts, product or venue reviews, and mayorships. There are also several functional geosocial applications like Waze that in addition to network also provide turn by turn directions much like a Garmin or tom-tom unit.

 

The Facebook Factor…

Facebook recently unveiled Facebook Places to it’s user base, the worlds largest social network.  Facebook’s motivation for getting into Geosocial has very little to do with going after Foursquare or Gowalla and more to do with the fact they see a huge revenue potential from business advertising.  Initially, it appears that the Facebook business model for places resembles that of Yelp more than anything else. image

In a message to businesses, Facebook recently spinned places this way:

Places creates a presence for your business’s physical store locations- encouraging your customers to share that they’ve visited your business by “checking in” to your Place. When your customer checks into your Place, these check-in stories can generate powerful, organic impressions in friends’ News Feeds, extending your brand’s reach to new customers.

If Facebook’s sole motivation is to monetize the map, like we all suspect, then that might lend some credibility to their initial statements that they were going to be working closely with existing Geosocial networks to incorporate them into Places as well.  In fact, Facebook went as far as having representatives from Foursquare, Loopt, Gowalla, and several others on stage with them during the Places launch.

What becomes of Facebook’s Geosocial Presence remains to be seen but with the worlds largest social network, they could easily become a major player overnight.

 

Questions / Comments:

Once finished w/ the presentation I always open the floor up to questions, if you have any questions or would like to add something  I might have overlooked, simply leave a comment below…

Presentation: GeoSocial Shakedown

Wow, we had an awesome time at Barcamp Conway! Arlton Lowry did an excellent job putting this conference together in such a short period of time and the University of Central Arkansas was an awesome venue!  The turnout was awesome, for my session on GeoSocial my wife counted 40 people, and I think there were over 60 people attending overall.  The networking was also off the charts, I met some great people!  As promised, here’s my slides from The GeoSocial Shakedown…

EP:015 – The Cotton Club Podcast

thecottonclubpodcastsign_thumb1_thumb1_thumb1_thumb[1] Wow, this weeks show was off the charts.  My co-hosts Keith Crawford, Steven Trotter, and Robert Blake welcomed Dave Olson from Hootsuite to the show to discuss Hootsuite’s new freemium-premium pricing plans.  Dave was an awesome guest and really did an excellent job explaining their new rate plans as well as their enterprise plan.

If you aren’t familiar w/ Hootsuite, I suggest you check them out.  They literally have too many features for me to list here so go checkout their overview.  Just to touch on some of the high spots, with Hootsuite you can manage multiple networks, manage team workflow, track statistics, convenient multi-stream view w/ tabbed layout, manage followers, handle file uploads, schedule tweets, manage twitter lists, perform quick searches, and much, much more…

EP:012 – The Cotton Club Podcast

thecottonclubpodcastsign_thumb[1] Well I think we figured out in this episode of The Cotton Club Podcast exactly how important a reliable internet connection is to producing a show like this.  My guests Keith Crawford, Brant Collins, Robert Blake, Craig McCoy, Arlton Lowry, and Steven Trotter were all gracious despite the fact we were disconnected 4 times thanks to my connection dropping out.  I promise to work on this and get it all squared away in the very near future so please bear with us through this episode, I did my best editing work to splice together all of the audio, hopefully you won’t be able to tell but I bet you do…

Even though we had some tough connection issues we still managed to cover some pretty cool topics in this episode including the release of the new iPhone and the IOS4.0 operating system.  We also touched on the rollout of WordPress 3.0.  Another discussion was carried over from my recent blog post on social media taboo where we each weighed in with our thoughts.  If you run a business and want to leverage social networks like Twitter, Facebook, Gowalla, or Foursquare in your marketing you should definitely give this episode a listen.  Our guests Arlton Lowry and Steven Trotter also discussed the co-working trends that have started up in Jonesboro and Conway and as usual we wrapped up the show discussing our favorite iPhone apps.  Again, please forgive our sloppiness in this episode, we are working to get everything resolved with our connection so we are up and running again soon without interruptions.