Author: manu prasad

  • Actwitty

    Actwitty.com allows you to integrate your footprints from across the social web and present your complete identity in one place. In conversation with co-founder Alok Srivastava.

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  • The price of influence

    Speaking of trust, between a corporation and consumers, one of the earliest controlled version of ‘outsourcing’ it was celebrity endorsements. I use ‘controlled’ because organic WOM is not really in the corporation’s control. Though it is still in vogue, the credibility is possibly dented thanks to abuse by the endorser, the endorsed and a media that creates more ways to make an a$$ of the end consumer. eg. passing off ads as content.

    In the era of social networks and lightweight interactions, the beneficiaries of this decline would be micro celebrities (MC from now) who have created their own circles of influence in specific domains. I remember writing about that – over 3 years back, and following it up later with influence cycles and the tool based influence calculations being used by brands for promotions. The platforms used by these celebrities could be any – twitter, blogs, Pinterest etc and it does allow the brand to customise their interactions basis the medium itself and with help from the MC, use the strengths of the medium to the hilt.

    I was hoping that it would evolve such that brands would identify MCs who would be connected to their own category and therefore would wield their influence among people interested in that category. But judging by the directions the platforms are taking, the equations seem to be becoming closer to the earlier forms of media, and ignoring the social aspect. When Vijay shared this and pinky-swore that he wasn’t playing an April Fool prank, I was even more convinced of the direction. Full circle. Hopefully the lessons will be fast, and the new cycle will begin soon. 🙂

    until next time, influenced?

  • YourCabs.com

    YourCabs aims to build a car rental portal with a national footprint connecting consumers and cab vendors. In conversation with co-founder Rajath Kedilaya.

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  • In trust we trust

    Karthik recently wrote a post on a subject I’ve been thinking about for a while now – “How should brands use public information you share on social media“, on British Airways’ “Know Me” scheme to personalise their service by providing iPads to their staff and “giving them instant access to customer data, including passengers’ travel history, meal requests and details of any previous complaints. They will also use Google Images to search for pictures to link with passenger profiles, helping staff to identify them next time they fly” (via) It has already been met with disapproval from some, but Karthik believes there is value if there is intelligent use of context to delight a consumer. I’d tend to agree.

    Any user of Rapportive would be familiar with the thrills it offers thanks to rich profiles provided as you read/write a mail from/to a contact. 🙂 At an enterprise level, any social media practitioner would also agree that it’s sometimes useful to butt into conversations where an @ has not been used, if you can provide value to a consumer. A Capgemini infographic, based on 16000 interviews in 16 countries, shows that 61% of digital shoppers want the store to remember their personal details, 54% want to receive persoanlised offers, and 41% actually want to be identified through digital devices when they enter a physical store! But when Orbitz starts showing Mac users different and costlier options as compared to Windows users,  I’d really wonder if the business is providing value to consumers in personalised offers!

    At paidContent, I read “Big data and the changing economics of privacy“, which discusses how easy it is to get info on people, and debates a ‘Do Not Collect’ law, especially in the context of new technologies like face recognition. Another suggestion I read at AdAge is to let consumers build their own tracking profiles – What consumers might prefer, if one were to actually ask them, is the ability to build, manage and get useful things from their own profile and data. Let consumers remain entirely anonymous and in control.

    As this Econsultancy report succinctly points out, personalisation is ultimately a trade off, and businesses need to learn to provide tangible value to consumers who share their data. But before that, they also need to make the consumer comfortable by using even freely available data intelligently in a way that shows their intent, asking consent when applicable, building trust and allowing users to retain control.

    I personally believe that if you’re putting any information out on the web, you should take responsibility for it – that includes what you share and who you share it with. From experience, it can give you great lessons in trust, and I think that applies to the relationship between people and businesses too.

    until next time, trust worthy

  • DoctorsBooking.com

    DoctorsBooking.com aims to enable patients to make responsible healthcare choices through accurate information and increased accessibility to doctors.  In conversation with co-founder Roopa Rangaprasad..

     

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