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Monica Yoo

technology. science. marketing.

Interactivity Is Where It’s At

I’ve been to a couple of different events over the past month or so and I’ve noticed a very popular and prevalent topic of discussion – interactivity. With catalystic changes in technology, marketing approaches have also been under the pressure to keep up – forcing the acceleration of answering the question, “What do we do now? and how do we do it?”

In the past (a long, long time ago), labeling products biggER and bettER worked. It’s obvious that times have changed and for the marketing folks out there, the difficult part is in figuring out when the old methods don’t work anymore and what new ones do. That’s the challenge. It is difficult to identify when something isn’t performing as well as it used too and that’s because naturally, humans are resistant to change. It’s in the news all the time about how so-and-so was replaced by so-and-so because so-and-so #2 did this and that. If you take a look at each so-and-so, they’re all very bright and intelligent people. It’s not that one is smarter than the other, but it seems as though one is more open to accepting the evolving nature of technology, business, marketing, culture and society.

Before I go off too far on my tangent, I read about Adobe’s new marketing tool – the interactive wall! It’s actually really neat and something I have never seen or heard of before.

Adobe will unveil an interactive wall of projected animation this morning in Union Square, along the 14th Street side of the Virgin Megastore. As pedestrians walk past the wall, infrared sensors will lock on to the person closest to the wall, who will then be able to control a projected slider button at the bottom of the wall.

Promotion Is Not Just Another Brick In The Wall

Back to what I was saying, the idea of interactivity is quickly permeating the air and people are aggresively trying to figure out how to make their product, website, company etc. more so. I think marketing has finally reached a point where its focus is no longer about trying to drive consumers to the product, but instead to create some kind of incentive for them to want to go and stay at their own will. It wasn’t until I was in the developing stages of one of my web projects, I realized the power in interactivity. Print ads, commercials and radio ads have one thing in common – it’s one-wayed. The consumer has to see and hear in a one-size-fits-all kind of fashion. Where as in interactive mediums, it allows consumers to communicate in a two-way stream. Interactivity allows consumers to experience (rather than just inform) and that’s the difference. For example, it’s kind of like buying a car. We know that BMW is a driver’s car. Everything about the car internally and externally is designed to give the driver the most amazing driving experience. How do we know this? It’s in the magazine articles, the TV commericals, the billboards by the street, but are you convinced? Maybe, but probably not until you test drive it yourself. It’s that kind of thing. We as consumers place a lot of weight on how we experience something. It’s a way to validate for ourselves whether or not something is really what it seems.

I think Adobe has a great marketing approach. Since the new product they are launching is really geared for web designers and developers, giving them the chance to experiment and see for themselves what the new program is about will be an excellent way to introduce it to the public (especially since it’s pricey). Even if the skeptical developer standing in the street doesn’t get to move the sliding bar, I’m sure it’ll be just as fascinating watching others do it.

July 13, 2007 Monica Yoo Business and News, Marketing Leave a Comment

Spock Invites

spock_logo.pngI recently came across Spock, a new internet company that’s working their way to be a people search engine. Yes, I said PEOPLE SEARCH ENGINE. I guess you could call it the Google of People. =p I don’t know a whole lot about the concept, but I’m thinking it has to do with how internet users have different aliases and it would be nice to have a way to keep track and index all of them in one place.

The only way you can join is by invite (boo!) however, i have 100 invites to give out! Leave me a comment with your email address if you want in on this!

June 24, 2007 Monica Yoo Business and News, Start Ups 1 Comment

It’s All About Perception


I recently read Malcolm Gladwell’s blog post about SUV’s. I’ve always heard and understood that there was a psychological element to car purchasing, but Gladwell did a really nice job demonstrating all the different dimensions involved in SUV purchases. The most popular one I’ve heard was about the increase in women SUV drivers. I’m sure you’ve noticed more soccer moms in them than mini vans lately, right? They say that it’s a way for women to gain or grasp a sense of control in their life. -shrugs- I know there are people who would argue both ways. =p

Anyway, Gladwell went into a more in-depth discussion of why SUVs were getting purchased. He made a few different points, but I really liked the one about safety. If you were asked which car you would purchase for safety, most of us would probably answer with either a SUV or a Volvo. However, according to crash ratings, a SUV isn’t as safe as most of us think it is. I was, and most of us probably were too, under the impression that because there is more steel caging around us, the safer we must be when a collision occurs. Unfortunately, because of the extra 5 tons of weight makes it more difficult to maneuver compared to smaller more agile vehicles. A larger car might (although not really) be safer when hit, but truth is, smaller would be able to dodge an incoming car – avoiding a collision in the first place. The most interesting part of his entry was how he brought up the point that although all the crash ratings show that SUVs perform lower in safety tests compared to other cars, such as minivans, but people still continue to purchase large SUVs still convinced and under the impression that they’re safer. EVEN though the ratings show otherwise!

The point is, whatever the mind thinks and believes is true, will overpower numbers and facts.

Fascinating.

June 18, 2007 Monica Yoo Business and News, Marketing, Psychology 1 Comment

History Repeats Itself

Over the past few months, I’ve been working on a project called BubbleVine.com – it’s an online classifieds utility for college students. I’ve invested a lot of time designing the site and thinking about the future direction of it. I guess technically, the time and effort spent on the site is considered “work” but I almost feel a little guilty saying that because I found the entire process fun, rewarding, and unlike any other kind of “work” I’ve done in the past.

Just recently, coincidentally the day of my graduation, Facebook launched their version of an online classifieds called Marketplace. It is another addition to the Facebook realm on top of their numerous, already existing divisions (such as photos, invitation, blogs and so on). Initially, the new feature didn’t bother me at all because for the longest time, I’ve known that Facebook was only weakening their identity of a brand by branching out in so many different directions – they have integrated their own versions of photo sharing (like Webshots), invitations (like Evite), and notes (like Livejournal) into what was once strictly a social networking site for college students. However, the rational side of me stepped in and said that Facebook had a huge advantage for the success of Marketplace versus me and Bubblevine. I think there’s some truth to that, but I rerationalized the situation and I still think I might still have a chance of coming up on top.

In Al Ries’s, 11 Immutable Laws of Internet Branding, he explains that you can’t be everything to all people. He used Yahoo! and Amazon as examples and I completely agree. It’s all about consumer’s perception. Once the perception of a product is established in the minds of the consumers, it’s done. It’ll be nearly impossible to change, shift or adjust what they think. So in the case of Facebook, well, they’ve lost their unique position. The once sucessful college social networking site has evolved into a big mush, just like Myspace. They’ve fallen into vanity, as Ries calls it. They got too confident. Just because they succeed in one area, doesn’t mean it’ll happen in another, especially when that particular area already has a category leader. Facebook is no longer the college social networking site. First of all, anyone can join Facebook (which ruins the whole Facebook concept) and the newly added divisions in the site are all just mediocre. What do you think of when you hear Facebook? You probably had to think about it for a little bit – and that’s a problem. Personally, I think of how whenever I log into the site, how overwhelmed I get by the million things going on in the site.

Anyway, I think Facebook could have done something other than expanding out horizontally in attempts to strengthen their position.

June 17, 2007 Monica Yoo Business and News Leave a Comment

Study Says Junk Food Still Dominates Youth TV

I knew that kids were exposed to a lot of commercials, but I didn’t realize how much. The stats are pretty shocking.

The Kaiser Family Foundation{cq} released a study yesterday that it said provides a way to measure the companies’ progress. The foundation, a nonprofit group that focuses on health care issues, found that 50 percent of ad time on children’s shows is devoted to food. Among the ads aimed at children and teenagers, 72 percent are for candy, snacks, sugary cereals or fast food.

Read the article

April 4, 2007 Monica Yoo Business and News Leave a Comment

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