How can Tagvillage help the people around you?
This excellent question got an equally excellent response in the tagvillage forum. Repeated here for those who are not members of that forum is Russell Miller’s response.“I think this is the one area that will make tagvillage a unique, paradigm shifting platform. Everything about tagvillage is designed around this one basic concept – helping those around YOU!
Starting with “My Causes” when they roll out will be all about charities and organizations that YOU pick, that are local and dear to YOU. Even though they can be regional,national or global, they could also be the local food pantry down the street, or your neighborhood church, or some organization only you know about.
Following that same concept, David talked about this at last nights phone conference and something that has excited me for a while once I got the full impact of the concept: by uniting search and social platforms, this creates an entirely new platform for retailers, shoppers and users, one that no one else has created yet.
In it’s simplest terms, Facebook knows who you are and what you like, but no idea of what you are looking for. Google knows what you are looking for, but no idea who you are or what you like. The first phase of this is joining the power of both of them together. Now there is a platform that knows who you are, what you like AND what you are looking for. Not only this, it knows far greater details because of your social interactions. It now knows who you communicate with, and what their likes and interests are as well. This paints a pretty unique picture.
This alone is pretty powerful, and to some extent many platforms are already doing something on a scaled down version. This is why Facebook is able to promote ads geared only towards your interests, and Google can produce “local” results.
The plan (and someone official in tagvillage will correct me if I am speaking incorrectly) is to allow a way for everyone in your network to be able to rate search results. So lets say your network of 100 friends in your local area all like a particular pizza place. They can give it a thumbs up (or whatever) rating. Now, if you go to search for “pizza” the results will not only bias towards your location, but also by the ratings in YOUR network. So in essence, YOUR “pizza” search results will be way different then MY “pizza” results. And, yours are likely to even be different from someone that even lives down the street from you.
This is huge! ENORMOUS! This is paradigm shifting. This opens the potential for targeted marketing and advertising in ways not yet conceived. Not only does this make the “little” guy on equal footing with the national giants, this creates a virtually unlimited advertising pool of words and advertisers. Now, “Jeff & Jim’s Pizza” in my town (which is the best in the world) and services about 14,000 people, can have greater market share and higher advertising returns on their dollar then Dominoes or Pizza Hut, who are serving millions of people a day.
The end result is there is no way a single advertiser can buy his way to the top spot of EVERY network on Tagvillage. Every network will be different, and since every person in your network is the starting node of THEIR own network, the combination of networks and interests virtually become limitless.
Not only does this force advertisers to be creative in their “niche” marketing, but opens an entire realm of tags and keywords that no one else would ever consider “valuable”. As tag traders and pre-launchers we are getting an early jump on “valuable tag real estate”, this can be HUGE advantages for us. As good as it is to own “generic” words like “pizza”, in my particular case, “Jeff & Jim’s Pizza” might be 10X more valuable to me, especially considering I live in a college town. The likelihood that “pizza” will become an untouchable term )as far as price is concerned) in the first day of trading is pretty high, it is also likely that “Jeff & Jim’s pizza” will stay at .10¢ for a LOOOONG time. So do I get out there and try to invest all my money in “pizza” and hope that I can beat out these guys who have been referring people for a month and have 500 people in their network already? Or do I focus on areas that I know will make me money long term at a fraction of the price?
Remember, this is only ONE pizza joint in one small town. I haven’t touched the rest of the industries. We even have businesses that have names that aren’t even real words – like “Westconsin Credit Union”. Everyone has this same sort of advantage in their own towns all around the world.
Lastly, this is all just from a financial side. Keep in mind that tied to all of this will be “My Causes”. These organizations will operate in similar fashion, and could potentially rewrite the entire concept on donations and gifting. Imagine what some of these hot shot SEO guys that are generating hundreds of referrals in their networks could do with a local charity or organization. They could literally give it global attention – and money. The two things all charities need to be successful.
So, in the end, you ask “How can this help the people around you?” The question isn’t “how can it”, the statement is “by design, it can’t do anything BUT help people around you!”
I found this a great explanation about what of interest TAGVILLAGE may have and how it is related with the topics I cover here.
Well it's all about enterring a new era in the way internetmarketing will devellope.
In the article Russel explained very clearly how marketing efforts will change with this new social platform.
While you can, join this comunity and don't miss the train on this one and join here :
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