A Framework for Keeping CPG's Relevant Online

Came across this comprehensive and insightful essay by Jordan Julien. He has arrived at the insights based on examining internal documentation, and conducting ethnographic studies, from four different global CPG's and finding correlations. 

 

The synthesis of this work has culminated into "The Ecosystem of Understanding", a framework for keeping CPG's (and everyone else) relevant online.

Jordan been able to extract 5 insights common (as under) to every CPG he has worked with; even the most innovative.

1. We don't know who we're talking to, but we like to pretend like we do.
2. We don't know why we're talking to them, but we know we should be.
3. We suffer from Shiny Object Syndrome.
4. We're inconsistent, but we're learning.
5. We're old, scared, and angry; but its only a matter of time before we're phased out.

Read more here

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Red Herring Global 100 Award for AaramShop

AaramShop has won the coveted Red Herring Global 100 Award for the year 2011, at the Red Herring Forum in LA. 

This was a significant step further to the earlier Red Herring announcement of its Top 100 Asia award in recognition of the leading private companies from Asia, celebrating these startups’ innovations and technologies across their respective industries.

AaramShop had made it to the coveted list of Top 100 in Asia earlier.

We are thrilled to have received the award this early in our journey. AaramShop is the youngest company to have received the award this year. 

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FDI & the independent retailers.

Every news paper and show is saturated with the recently approved FDI in retail and its impact on the livelihood of millions of small businesses in India. I am sure everyone has an opinion on it. However, what caught my eye was the recent tweet by US President on his support for the small businesses in the US via the fantastic initiative #smallbusinesssaturday. I am sure this will add more fuel to the fire.

Our views & work at AaramShop is clearly focused at making the small business owner / independent neighborhood retailer competitive and relevant to the changing shopper behavior of the residents of the neighborhood. 

We firmly believe that the independent retailers have a number of unmatchable strengths which emerge from his proximity to the customers, willingness to provide delivery at the consumer's doorstep and years of relationship that have developed into a strong bond of trust. These, combined with increased accessibility of the storefront on the web, and the huge change in the way consumers use technology will make the local retailer more relevant to the consumer. 

AaramShop is already being used by over 600 retailers across 18 cities in India in the short 4 months of AaramShop's presence. 

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The Impact Of Technology On Brand Marketing.

Technology doesn't just give people a new way of doing things; it gives people a new way of thinking. The biggest impact of technology is the change it creates in people's perceptions.

In the absence of digital technologies, it would never occur to someone that marketers could be engaged in dialogue, much less dialogue at the point of contact. But the presumption of dialogue created by digital technologies goes beyond the technologies themselves.

People have learned a new capacity from digital technologies and they want to exercise it everywhere, even in low-tech points of contact.

Digital technologies operate instantaneously, so people are losing patience with anything that operates more slowly. The more liquid an activity becomes, the more people take it for granted, and once a capacity becomes commonplace in one domain, the more people come to expect it in other domains.

Technology doesn't just expand the power people have; it changes their ways of thinking as well.

Read more on this subject here:

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The increasing importance of video in digital.

YouTube responsible for 22% of all mobile bandwidth. 

Almost a quarter of all global mobile bandwidth is consumed by people watching YouTube videos, according to a new report from network management vendor Allot Communications. 

The global bandwidth share of the Google-owned video site was 22 percent in the first half of 2011, compared with just 17 percent in the first half of 2010. YouTube now accounts for 52 percent of all global mobile video streaming. 

Overall, video streaming now accounts for 39 percent of all mobile traffic and it grew 93 percent in the first six months of 2011. VoIP and IM traffic grew even faster at 101 percent, but they still only represent a total of 4 percent of all mobile traffic. 

This growth and change in media consumption patterns on mobile devices makes it apparent that digital communication should (and can) now have a large component of video content which is tailor made for the smaller screens. 

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