Posts Tagged ‘business’

How to start a Social Network

Thursday, October 23rd, 2008 by Michael Altendorf

As I am currently working for www.earthfaves.com we are thinking about how to get people involved in our platform.

The problem is, also when you get people onto the site, how to get the “stickiness”.

I did a lot of research and here are some interesting links on this topic.

FastForward blog on what to do

http://fastwonderblog.com/2008/02/09/social-media-and-social-networking-starter-kit-for-business/

Forrester Blogger Jeremiah on the social network recession

http://www.web-strategist.com/blog/2008/02/06/social-media-effective-during-recessions/

He also recommended a free report on interactive marketing

http://www.forrester.com/Research/Document/Excerpt/0,7211,45128,00.html

 

a very good picture comes from Standford university

Source: http://www.stanford.edu/~abronzan/cs73n/images/BusinessPlan.jpg

 

there is also a book “Social Network Business Plan Strategies”

http://www.amazon.de/Social-Network-Business-Plan-Strategies/dp/0470419830/ref=sr_1_2?ie=UTF8&s=books-intl-de&qid=1223894589&sr=1-2

 

And a intersting drawing by Andrew – how metacalfe’s law work against you

http://andrewchen.typepad.com/andrew_chens_blog/2008/05/when-facebook-a.html

 

Here is a nice presentation on “social network best practices” at Slideshare

http://www.slideshare.net/faberNovel/social-network-websites-best-practices-from-leading-services/

View SlideShare presentation or Upload your own. (tags: web2.0 socialplatform)

And finally a blog entry for selfmarketing with social networks

http://bobsbraindump.com/social-networking-tips-and-business-plan/

 

follow me on Twitter www.twitter.com/Michael1980

 

 

 

 

SAP Business User Summit 2008 on Enterprise Collaboration 2.0

Tuesday, July 29th, 2008 by Michael Altendorf

Last week the second Business User event took place at SAP in Walldorf.

More than 30 presentations around the topic of Enterprise Collaboration 2.0 were showed and I made a video with Craig Cmehil our SAP Community Network Evangelist:

 

You find Craigs Summary of the Event here:

http://craig.cmehil.com/2008/07/sap-business-user-summit.html

or join the SAP Developer Network to get more information about the event:

http://www.sdn.sap.com/

Media Futurist @ PopAkademie

Wednesday, May 28th, 2008 by Michael Altendorf

Yesterday the media Futurist and blogger, author, etc, Gerd Leonhard was at the PopAkademie in Mannheim and spoke about the future of music and the media business.

You could download his presentation @ http://www.mediafuturist.com/files/gerd_leonhard_at_popakademie_mannheim_print.pdf

It was a really cool presentation, although I already saw him at Cebit 08. At the Cebit it was a more general presentation on the future of media. At the PopAkademie he spoke more about the business business and about the marketperspective for artists, labels and the relevance of new business models.

To learn more about his view of the future music market. Download his book, it is for free:

(Creative Commons Licencse) http://www.music20book.com/

In a nutshell: like in the radio: music is for free and the adverstisment gets more and more important to generate revenue for labels and artists. In additition a “feels like free” flateratemodel is also possible. But what he definitely denied was the itunes like a la carte download. This will not be possible in the future.

 

Today 95% are not paying for music and I could agree with him, a la carte download has no real future for the mass market as standalone. But for bundle with the broadband, mobile contract, isp etc i really would make sense to combine music offerings and hardware or network access. Good examples: Musicload/Dt Telekom – Arcor/Napster – Nokia/Comes with music etc. I think in other countries more examples could be found that bundles will coming up soon.

Gerd has most of the ideas in one of his videos, ppt or in his book! So i really recommend to read some of his writings!

 

 

 

Read Write Web on Generation Y

Sunday, May 18th, 2008 by Michael Altendorf

A really cool article on the digital native of Read Write Web

http://www.readwriteweb.com/archives/why_gen_y_is_going_to_change_the_web.php

After reading Generation X and born 1980 I am not included in Generation Y but also Digital Native. But about these things I already had some things in my mind and some blog posts in my old blog:

http://michaelaltendorf.wordpress.com/2007/07/09/web-20-and-generation-y-moves-in-the-companies/

http://michaelaltendorf.wordpress.com/2007/06/04/generation-y-or-x/

a nice Forrester slide on Gen Y which I build some time earlier:

http://michaelaltendorf.wordpress.com/2007/05/02/ways-to-describe-web-20-users-from-myself-and-forrester/

But after watching the short presentation of Sacha Chua I am not sure any more. But it’s very funny and definitely a thing to show my boss that this will be normal soon

Direct Link: http://www.slideshare.net/sachac/the-gen-y-guide-to-web-20-at-work

Direct Link to her Blog Post on this.

 

Internet economics and business models for the future

Friday, November 23rd, 2007 by Michael Altendorf

Techdirt

http://techdirt.com/articles/20071121/083858.shtml

and J. Lanier

http://www.nytimes.com/2007/11/20/opinion/20lanier.html?_r=2&ref=opinion&oref=slogin&oref=slogin

 from New York Times talk about internet strategy and how to create revenue in the web.

There is a trade off between generating revenues with free content and ads  on the one side, and on the other side micropayment which are on the radar since years but are still not established.

In my opinion micropayments are not going to succeed in the end due to the several possibilities getting free content on the web. Also if all companies start introducing micropayments for the offering or in general for information it would be everytime an attraction for a vendor to deviate from this position and building a monopoly in a market niche with free ad based business model.

So if ad based models for virtual content is the future all real products should get more expensive. You can see this in music business. Since napster started 10 years ago the revenues from selling cds break down and so the price for attending a concert increases every year. Also DRM is no final solution. As you could see Amazon uses this to attack itunes etc. with lower prices and without DRM.

If this art of acting in the business is comparable to other solution we are going to see increasing prices for real products in the future. The revenue from these products are athwart subventions for the freee information in the net due to the thing, that the costs of marketing in the web and so the free web inforamtion have to be paid with this revenues. So there is a significant dependancen between survival of the internet companies which offer free content and traditional business. Also consulting companies, and in general, service companies could benefit because they are not directly involved in this business and could create higher margins with lower costs of prodcution and selling their products. Enough for the morning. Time for lunch…