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Prognostications for 2011

  
  
  

Guest post by Mike Schneider, Senior Vice President, Director Digital Incubator for Allen & Gerritsen, one of the Top 50 Independent advertising agencies in the US. Follow Mike on Twitter! This is one of several guest posts in the MITX 2011 Perspectives Blog Series. Stay tuned for many more posts by Boston's most influential thought leaders.

Is it already that time of year? I am dusting off my crystal ball and sifting through my tea leaves and looking at last year's predictions, which, according to one of MITX's recent prognosticators, Edward Boches, were either obvious or wrong. I like this time of year. I like when people take a look at what has happened in the past and try to predict the future. The way that the human mind processes events, happenings, experiences, and other ridiculously complex data points and extrapolates meaning beats any model we have developed to date.

A Hell of a Lot of Semantic Disparity

Check-ins, while they have been deemed by some to be boring, rudimentary and innocuous, are not going away any time soon, and in fact have opened a Pandora's box of semantic, one purpose applications. Scan products, log your beers, express your emotions, classify and categorize places. Because it's pretty easy to put an app together, we are going to continue to see a lot of companies with similar ideas releasing this type of app.

Ideally we would work out the semantic standards first, because at some point marketers and analysts are going to start getting pissed off about disparate data. It comes in from multiple streams that they need to "deduplicate" and standardize in order to make it useful. Services are going to start popping up offering data consolidation.  If we do not see standards or data aggregation services, it just gives us all the more reason to believe we see a major drop off in competitive, single purpose apps.

In other words, you will see companies stop banking on applications like Gowalla, because the data is incompatible with more popular streams like Foursquare. Seriously, there should be a consortium on data standards for popular activity streams. How awesome would that be? Maybe we will see The International Consortium of Geoplaces led by Wayne Sutton

Craft Beer

Craft Beer will continue to be delicious and I will continue to turn people on to its virtues. I expect to see a lot more brewers experimenting with blending beers, and even more beer applications popping up. Because distribution channels ensure that every beer is not available nationwide, the biggest tech trend will be "beer seeking," which allows people to find the kinds of beers they like. Expect brew pubs to adopt this technology to keep beer geeks up to date on the latest bottles and drafts. For instance, when Andersen Valley Brewing Company Imperial Boont Amber or Bear Republic Racer X becomes available, I want to know, and I look forward to apps that will tell me. 

The Beginning of the End of Serendipity

People like to discover things and share their discoveries.  One of the great things about Location Based Services is that tools like Whrrl and Foursquare give you ideas for things to do that are nearby, and, in the case of the former, use technical alchemy to make guesses as to what you will fancy. I call this "manufactured serendipity."

As this technology becomes more sophisticated and as more companies adopt it (Foursquare's CEO's comments seem to indicate they will have it in 2011), there will be more arguments about whether it is a path to us becoming boring. If everyone expects special things to happen and automatically knows all of the secrets of a place before they go there, we will no longer need to explore.  That kind of serendipity is killed or is seriously diluted.  People are going to argue about whether that is a good thing. Digital will win out.

The Year of Give2Get

The previous prediction may not see the light of day because, even though Foursquare has passed 5 million users and is growing at a rate of 25,000 users a day, it is nowhere near the level of Zynga's latest game, Cityville. Cityville bolted past 20 million users in 11 days.  People are complaining more and more about check-in fatigue, and Foursquare CEO Dennis Crowley himself admits that check-ins are boring.  The problem is that most specials aren't worth the effort of taking out your phone to check-in and find out if you are going to win something.

Look for more companies to start experimenting with passive check-in. Technologies like Google Latitude and Glympse make it easier to get your free fries with a purchase by allowing you to skip the actual act of checking in.

Tasti D Lite and the Foursquare / Safeway partnerships that happened in 2010 have paved the way for a new kind of loyalty program. I expect to see this trend explode in 2011, but only if giving up your data yields giant rewards that are specific to your interests and shopping behavior.

book resized 600

A Book Prediction

Someone will co-write a book called Location Based Marketing for Dummies with Aaron Strout.

Modern Rock

Look forward to new music from Neon Indian, The Shins, Panda Bear, Mogwai, Beth Orton, Iron & Wine, Tape Deck Mountain, Black Lips, Smith Westerns, Beck, Cake, Radiohead, My Morning Jacket, The Go! Team and more.

Content Strategy Matures

There was a lot of talk about content strategy in 2010, and a lot of it was just people trying to get their heads around what the likes of Kristina Halvorson and Margot Bloomstein actually do. Okay, we get it. Now it's time to get down and dirty and answer questions about content effectiveness and thoughtful distribution. Oh, and more companies are going to build studios for video and podcasting than ever before. 

These are just a few of the many things I see happening in 2011. What are your thoughts?

Did you just discover this series? Don't worry! You can check out our last post, by Janet Muto, here!

Comments

As usual, Mike presents relevant information in an entertaining way. With his unique positioning (pun intended), he is smack-dab in the middle of knowing what the likely upcoming expansions, revolutions, & growth areas are. 
 
Bravo, Mike, for a good thought-provoking piece.  
 
P.S. As the co-author of the upcoming book, and to be grammatically & spell-check correct, shouldn't the title read "Location-based Marketing for Dummies" (LBMD)? I'm just saying...... 
 
Looking forward to your new book.
Posted @ Thursday, December 23, 2010 9:54 AM by Dr. Toni Hynds
great post Mike. this one comment, I would tweak "Ideally we would work out the semantic standards first, because at some point marketers and analysts are going to start getting pissed off about disparate data" 
 
I think, ideally, we need the semantic standards, the meta data standards for an internet of things, for an internet geography, not because the marketers will get pissed off, but instead to build a more useful ecosystem for the consumer, for the stakeholders.  
 
It can't be "how do we label this data better so we can use it to access consumers in more ways." It needs to be instead "how can we label this data better so that consumers will want to provide more of it."
Posted @ Thursday, December 23, 2010 11:06 AM by Jason Keath
Great post Mike, and I look forward to the book as well. I think you're right on with most of this stuff. I wrote about LBS in particular in 2011 and what it might mean for advertisers and marketers over on BostInnovation. It'll be interesting to see what happens to the checkin as the atomic unit of location. I agree with you that it's not going away any time soon, but we'll definitely start to see some new things coming into play in the next year.
Posted @ Thursday, December 23, 2010 11:58 AM by Austin Gardner-Smith
Very insightful. Though I have read recently that some are predicting a contraction in social media participation levels, I believe the opposite will happen - we are going to see a continued explosion in social media. Besides many once-nervous businesses finally taking the leap, it is important to remember that the 2012 election season has nearly begun. Many early contenders will declare by summer, and all contenders will employ a sophisticated social media strategy, including robust online communities. This will only bring more people into the social media and mobile worlds, which in then end, is a great thing for businesses that are smart enough to already be engaged.
Posted @ Thursday, December 23, 2010 2:12 PM by Mark Pedersen
Thanks MITX for encouraging my behavior. 
 
Dr Hynds. Thanks! Hopefully my editor will set me straight. 
 
Jason, appreciate the tweak. I'm with you. Much of this blog's audience is marketers.  
 
Thanks Austin and Mark for your thoughts as well.
Posted @ Thursday, December 23, 2010 4:23 PM by SchneiderMike
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