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David Cushman Bauer Consumer Media How companies can position themselves in the new mobile internet media models

How Companies Can Position In New Mobile Internet Models

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How Companies Can Position themselves to benefit from the New Mobile Internet Models. A presentation by David Cushman at Informa's Mobile Internet Portal Strategies due on May 20, 2008, in London.

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Page 1: How Companies Can Position In New Mobile Internet Models

David Cushman

Bauer Consumer Media

How companies can position themselves in the new mobile internet media models

Page 2: How Companies Can Position In New Mobile Internet Models

The science bit*

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Then Now Next

Content

Ads

Services

*Warning: The value of content can go down, er that’s it actually

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Content is worthless

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Content is worthless

• Except that it isn’t

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Content is worthless

• Except that it isn’t

• It gives us something to talk about

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Content is worthless

• Except that it isn’t

• It gives us something to talk about

• Talking about stuff is where ideas turn into action

Page 7: How Companies Can Position In New Mobile Internet Models

Content is worthless

• Except that it isn’t

• It gives us something to talk about

• Talking about stuff is where ideas turn into action

• Action is where value is created

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Content is valuable

• Because of the because effect

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Content is valuable

• Because of the because effect

• You won’t make money with it

Page 10: How Companies Can Position In New Mobile Internet Models

Content is valuable

• Because of the because effect

• You won’t make money with it

• You will make money because of it

Page 11: How Companies Can Position In New Mobile Internet Models

Content is valuable

• Because of the because effect

• You won’t make money with it

• You will make money because of it

• Eg Prince, Radiohead

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Value chain is now a value web

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Value chain is now a value web

Two disruptions

Page 14: How Companies Can Position In New Mobile Internet Models

Value chain is now a value web

Two disruptions

• How, and by whom, content is being created

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Value chain is now a value web

Two disruptions

• How, and by whom, content is being created

• How, and by whom, content is being distributed

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The world we’re witnessing

Share

Trust

Connect

Community

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The networked world

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We Species wants…

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To engage with the network

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New rules for media?• Communities First• Niche NOT mass• 2-way flow NOT broadcast• Node OVER hierarchy• Networks NOT silos• Conversations NOT captured ID• Self-forming OVER directed• Real time, niche UGC OVER ‘news’• Relevance over ‘quality’• Cherish Reed’s Law (GFNT)

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A community is a community…

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Always on

Always with you

Always yours

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What makes great community?

• Think Community First.• Encourage self-forming,

adhoc, non-directed groups of shared interest/purpose.

• Recognise the crucial role of ratings/reputation

• Activate co-creation of value

• Enable synchronous communication.

• Treat people as converged individuals

• Make tech barriers low.• Enable discovery of

people with shared interests

• Flow rather than focus• Put individual in control• Understand the

distinction between audience and community.

• A community is a community because of the connections formed between its members.

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Starting a fire on the village green

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• Curate content

• Allow customisation

• Manage the web of peer producers

• Contribute thehard-to-do

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Two advantages

Always ready LBS

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7th Mass Media1. It’s truly personal

2. It’s always on

3. It’s always with you

4. Has a built-in payment mechanism

5. Allows creationat the pointof inspiration

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Screen size?

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Mobile first

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Itsmy.com

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User-centric portals

• Mippin

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User-centric portals

• Mippin• Widsets

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User-centric portals

• Mippin• Widsets• Squace

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They show the way

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Our position in this ecosystem?

• To enable,

• To understand,

• To facilitate the connections.

• To find acceptable ways to share in the value that we have helped to create through both our facilitation and our contributions.

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Takeaways

Make money withcontent

UnderstandYour placearoundThe campfire

Don’t restrict the view!

Don’t restrict the view!

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In summary

• You won’t make money WITH content but you will BECAUSE of it.

• Portals (sites) which focus on content, conversation and communities of purpose will create value.

• User-Centric Portals (community-enabled aggregators) will aid discovery.

• Enable communities to self-form and share what they trust. Don’t restrict the view!

Page 44: How Companies Can Position In New Mobile Internet Models

David CushmanFasterFuture.blogspot.com Bauer