Acquired? Or Expired?

Ah, names from yesteryear. Webvan. Boo. Kozmo. Pets.com.

George Santayana said, “Those who cannot remember the past are condemned to repeat it.” So…with all of the Web 2.0 hype currently happening, let’s see what lessons we learned from the dot-com boom of the late 90’s. Here are 25 companies that were dot-com darlings but are no longer with us. Can you tell if they were…Acquired or Expired?

Take the quiz.

Acquiredexpired

A Conversation With Eric Mattson At MarketingMonger

Eric Mattson of MarketingMonger is on a mission to have 1,000 conversations with marketers, and to present them all as podcasts. Eric writes:

“For the 20th podcast in my project, I connected with Chris Carfi of Cerado.

I first ran across Chris’s blog when he published his original Social Customer Manifesto.

Then I heard interesting things about Cerado’s Haystack social networking software for businesses.

So I was excited to get a chance to talk with Chris about his social customer philosophy, his entrepreneurial efforts with Cerado, Haystack’s success to date and more.”

A link to his summary of the call here, and have a listen to the mp3 file here.

Thanks for the invitation, Eric!

Haystack Updates – May 17, 2006

Some news, hot off the presses on the Haystack front. Two big new capabilities to note this week: Multiple Haystack Support and RSS Feed Integration. Here’s the skinny.

Haystacksplash

Multiple Haystack Support

We’ve implemented capabilities that allow a single individual (or, more correctly, a single digital identity as represented by an email address) to belong to multiple Haystacks. This is a big one. We realized early on that we are all members of multiple groups, and various aspects of “who we are” are relevant only in context. More importantly, when an organization is setting up a Haystack, that organization may only want certain traits to appear.

For example, profiles that are in a Haystack that’s set up for a local bookstore might include favorite authors, whereas a Haystack for a medical office would likely want to have a tag category set up for specialty of practice for each doctor in the practice. Since a single individual might belong to both of these Haystacks (let’s say the doctor volunteers at the bookstore on weekends), the profile the doctor needs to put in the Haystack for her medical office is going to be quite different than the one she puts in the one for the bookstore. This new capability easily allows this, and allows different Haystacks to easily capture different “facets” of a personality.

Here’s an example of an individual who belongs two Haystacks, one for the BrainJams unconferences, and one for the recently-concluded MeshForum.

RSS Feed Integration

One capabilty that Stowe Boyd has noted is missing in other enterprise social networking systems is the ability to integrate “live web” aspects into a profile; a profile is typically a “static” construct. (I agree, this is critically important. Since “who we are” will be increasingly defined by the digital artifacts we produce, integrating feeds into your digital identity is a critical capability to have.) Stowe notes that he sees a need for:

“…importing RSS feeds of outside information into the profile (I’d like to link my blog, for example)”

Stowe, ask and ye shall recieve. (Check danah’s profile in the Speaker’s Haystack for an example.) Haystack profiles have the ability to pull in an RSS 2.0 feed, and the feed parser is even all AJAX-ified and stuff, so that a customer or prospective business contact can view your tags and the rest of your profile while the system goes out and grabs the most recent headlines from your feed.

Next?

Recent related items:

Podcast: Customer Relationships, Communications and Enterprise Social Networking
Haystack Updates – April 26, 2006

Personal Journeys and The Cult Of Paper

Neat collision of a bunch of things happening here. My friend Ron “Chai Guy*” Tetirick is walking the Pacific Crest Trail from end to end, a journey of about 2,650 miles. On foot. Solo.

Dave Gray, who regularly appears in this space, is all about the cult of paper. He even has a hipster PDA.

The neat collision: Ron can’t always post to his blog since he’s, you know, dodging rattlesnakes and bears and stuff. But he’s still keeping a journal. He’s sending the pages to his friend Blue, who is posting them for him on his blog.

(click pages to view Ron’s entry)
Chaijournal

Great stuff. And, yes, sometimes paper is better.

* – if you’ve gone to that thing in the desert any time in the last couple of years, Chai is responsible for the “Free Chai Revolution” that takes place near Center Camp.

Inconceivable!

John T. Unger responded to the post on creativity in the comments. He’s so spot-on that his whole response is reproduced here. John writes:

“Inconceivable!

I think my take would be that there’s no point in even doing something if you don’t in some way improve on the existing concept or structure or practice… I mean, who wants a motorcycle that’s only as good as new or maybe not even quite that good? *I* want a motorcycle that does something the others don’t do, whether that’s flying, making espresso or shooting jets of flame from it’s headlight. My basic criteria for accepting a new design brief is that it should at least in part be “impossible” or inconceivable. Where’s the fun in doing something you know will work? The learning curve is all about doing something that should never work, and doing it in an elegant way.

Conservation of mass? Pshaw. I make something from nothing all the time… In fact, the world is so full of nothing, I find that using it as my primary source material gives me a constant supply. Not nothing in the sense of a lack of atoms, but nothing in the sense of matter undesired by the masses. There’s plenty of that stuff, and I can make it very desirable with a little application of creative reorganizing.

The first rule of creative living is that breaking the rules is the first step to fixing the problem. When you can break the higher order rules of physics, or at least bend them a bit or make them dance unexpectedly on pins, you’re almost certainly on to something.”

What does John create out of “nothing?” Things like the Great Bowl of Fire, and things like these.

Bonus question: What movie inspired the headline of this post, as well as the original one?

Podcast: Customer Relationships, Communications and Enterprise Social Networking

Had a great conversation on Wednesday with Shel Holtz, on the For Immediate Release podcast. We chatted about the link between communications and customer relationships, and the importance of communication within an organization. We also talked at some length about where things are going with Haystack, Cerado’s enterprise social networking tool.

Would love your feedback! Click here to listen.

Howling!

Scott Reynen:

“Education also involves getting people’s attention. But so does electroshock therapy. No one makes a living saying nonsense like ‘Marketing, at it’s core, is electroshock therapy.'”

(via doc)

When The Customers ARE The Strategy

Today I’m at the Business Marketing Association conference in San Jose, and just had the chance to hear a great presentation by Justin Crotty, who is the VP of Channel Marketing for Ingram Micro, a $28 billion technology distributor (#72 on the Fortune 500 last year, for what it’s worth). A few bits of Ingram’s strategy were communicated. Why does this matter? Because Ingram is in perhaps the most “commodity” business in the world. What do they do to differentiate?

They connect with their customers.

At first, Ingram was going to do an ad campaign around “partnering” with their customers. They pulled some prospective ads together.

The ads were abysmal. Stock shots of the attractive business people of all genders and races, smiling cheerfully at the camera. Ingram knew their customers would (rightfully) call B.S. on them. So, the drawing board was revisited. Here’s the result:

Pict1218_2

In other words, it’s not that the strategy is aimed at the customers…the customers ::are:: the strategy

Crotty brought up a number of very salient points. In particular, he shared another insight that was spot-on, especially in a commodity business. “If you can get customers to help you develop your go-to-market strategy, the you don’t need to sell to them anymore.” Think about that for a second.

Now, check this out. Last year, CRN (one of the go-to resources for Ingram’s industry) did their annual “Top 25” executives list. Number 19 on the list was Scott Goemmel, one of Ingram’s customers. They promote their customers, relentlessly, according to Crotty. (Apparently this ruffled at least one set of feathers…Ingram’s CEO was listed at #20, behind Goemmel on the list. Heh.)

A couple of other key quotes from the presentation:

  • “Relationships create emotional barriers to exit.”
  • “Supermarket card programs reward card ownership…they don’t reward loyalty.” (For example, how many times has the checker at the local supermarket swiped a “dummy” card for you?)
  • “Every business is a small business…your word is everything.”

Good stuff. Whereas a number of the other presentations have been a little too close to “marketing business as usual” throughout the day, Crotty’s presentation was an unexpected oasis of clue.

You Keep Using That Word…I Do Not Think It Means What You Think It Means

I like words. I mean, I really like words. And yesterday, something happened that rarely occurs…the meaning of a word changed for me. It wasn’t that I learned a new word, or that I learned an obscure definition that consisted of a word I already knew. Instead, a common word, a word that I’ve uttered and heard probably thousands of times, has been changed in meaning, likely forever.

Screen Shot 2013-10-24 at 8.07.55 AM

photo: elisfanclub

That word is “creative.”

Now, as someone who has been on the sales and marketing side of the business for a long time, I used to map the word “creative” to something pretty close to the answers.com definition of the word. I used to map it to:

creative: characterized by originality and expressiveness; imaginative: creative writing.

Or perhaps this one:

creative: one who displays productive originality: the “creatives” in the advertising department.

The word used to mean something akin to the above definitions. It also had a number of other overtones: the “creatives” were the people in vintage, mismatched clothing who were “fun to be around” but…ultimately…well, they were the flighty, flaky folks. (You know, the ones who couldn’t hold a steady job.)

This changed yesterday at MeshForum.

Over the course of a conversation, I came to realize that there’s another, truer, sense of the word. One of the other participants stated that he had made a decision to “live a creative life.”

When I first heard that phrase, I naturally mapped the word “creative” to the definitions above. And, since it was uttered by an artist, everything seemed to fit. My worldview was secure in its assumptions.

And then the conversation progressed, and I realized that I had completely missed the point. The word “creative”…perhaps it’s better to explicitly enunciate it “create-ive”…was not meant to indicate “expressive” or “imaginative.” Instead, it was tied to the root meaning of the word create…to fabricate out of undifferentiated raw materials, to bring something new to the world and to bring to life and fruition and success novel, tangible things that have never been seen before.

This idea of “creation” is in stark contrast to the common business tactic of fixing problems. As was stated yesterday, “when you ‘fix’ a broken motorcycle, the best that you can hope for is to end up with a motorcycle that is as good as it was before it was broken.” When you are being create-ive, you bring to life something that is additive, something that propels you, and your company, and society forward.

So…were you create-ive today? Or did you just fix things?

(Dave…thanks.)

MeshForum 2006 – Jon Lebkowsky and Zack Rosen

Quick, great presentation by Jon Lebkowsky and Zack Rosen, talking with the group about the differences between “traditional” (a.k.a. “broadcast”) politics and emerging, network-based political models.

The big comparison:

Picture_2_1

Strongly suggest checking out both of their blogs, as well as really looking at (as opposed to scanning) each of the points in the table above, sourced from Jon. Most importantly, each of those points of comparison is just as valid with respect to how organizations can choose interact with their customers. Thoughtful stuff.