Friday, July 1, 2011

"Owned" Media is Media

Content marketing is a bit like the television business. Any single person might have regular access to hundreds of channels, but most will watch only a handful, perhaps six to seven on a regular basis, and possibly a dozen, including those channels watched only occasionally. Most people never dwell at most of the hundreds of channels.

Keep in mind that “audience” creates the revenue opportunity. Viewers create the advertising opportunity, because viewers are potential customers. For most brands, the analogy is that paid, earned and owned media are attempts to get access to an audience that consists of potential buyers.

From an owned media perspective, the issue is how to become one of the few sites prospects turn to, daily, weekly or frequently, to get information about the issues, opportunities and context of the business they are in. In that sense, a content marketing effort has to try and operate like any entertainment video channel.

If your prospects are going to spend a limited amount of time with any content site in their business segment, you want your “channel” to be among the handful of places a prospect regularly goes to learn things. That doesn’t mean what those prospects typically want to learn about are the specifications for your latest product.

What they are most likely more interested in is the news flow that alerts them to opportunities and threats to their own business, not the brand’s opportunities.

"If you think about your online patterns, you have a tendency to only visit a couple of various websites every day,” says consultant Pat Miller. “While you may stray from these sites ever so often and look at other webpages while doing a search or aiming to waste time, for the most part your web content history is mostly focused around twelve or so pages which you visit religiously.”

“This isn’t a fluke, it is because of just one sound truth: you enjoy and depend on such sites,” he notes. Read more here. That’s as important a truth for brand content marketing as it is for traditional media outlets. People are busy and will create a habit of seeking out information from a relative handful of trusted sources on a regular basis. So the key is create a habit about returning to your own site.

“Folks stay with websites that they like,” Miller says. “They also follow websites they feel protected on,” in the sense of  not having to worry about phishing attacks or other dangers.

“Having said that, we have come to only rely on websites that have professional looking articles and a professional looking design,” Miller says. “That’s the basis behind web content marketing."

Intuit Buys Mobile Money Ventures

Intuit Inc. has acquired mobile Web banking technology assets from Mobile Money Ventures, a global solutions provider of next-generation mobile financial solutions. The deal supports Intuit Financial Services' position as a leading online and mobile technology provider to financial institutions, Intuit said.

The deal allows Intuit to directly manage customer support, and have full control over the design of its mobile Web banking solutions.

Customers of more than 320 U.S. banks and credit unions use Intuit's existing mobile Web technology, which was provided by MMV. Intuit also provides text message and downloadable application solutions to enable financial institution customers to conduct their critical banking tasks from virtually any mobile phone." Intuit Press Release - Intuit Buys Mobile Money Ventures Platform to Bolster Mobile Banking Capabilities.

Mobile Money Ventures, based in San Mateo, Calif., was formed in 2008 as a joint venture that combined the strengths of Citigroup, a leading, global financial services company, and SK Telecom Americas, an early-stage technology innovator. As an Intuit partner, MMV provided a proven mobile Web banking solution currently reaching more than 400,000 consumers. MMV's offering is optimized for all major handsets and screen sizes, making it right for all customers - regardless of their mobile device.

Mobile Money in Asia



Asia Eyes Growth in Mobile Money

Why Mobile Money is Important in Developing Regions

For many, mobile money transfers are intriguing not because they represent a new business and industry, though that is important. Making mobile phones function as a virtual bank or ATM in places where the banking infrastructure is under-developed is important as an economic development tool.

Visa outlines ‘digital wallet’ vision

Visa’s head of mobile innovation, Bill Gajda, says mobile devices are becoming “true digital wallets.” That's an interesting way of putting things, as you might have been thinking Visa is mostly interested in the "payment" or transaction part of the mobile money business. It is, of course. But the related businesses, ranging from advertising, local commerce and credentials management to loyalty and marketing programs are not areas Visa might see as outside the scope of its extended ambitions.

Referencing what he described as “the convergence of mobile and payment networks,” Gajda’s vision for a mobile wallet focuses on “mobilizing existing Visa accounts, extending mobile banking to payments, enhancing the consumer payment experience, enabling customer control, and offering new transaction types."

The History of Money According to Barclay's

Barclay's takes a look at the history of money, as it promotes new mobile money ventures.

Egypt Mobile Operator to Launch Mobile Money Transfer Service

Mobile phone operators in Egypt are planning to launch money transfer services. Of the country's some 80 million inhabitants, analysts estimate that only about 10 percent of the population owns and uses a credit card. Mobile money transfer services, which recently received an initial green light from authorities in Egypt, could assist the millions who don't have access to a credit card or bank account, while also helping line the pockets of mobile operators.

"In a country where a small number use credit cards, there's a potential for mobile payment as an alternative for the circulation of cash,"said Hassan Kabbani, chief executive officer of the Egyptian Co. for Mobile Services, better known as Mobinil, the country's biggest mobile operator by subscribers. Read more..

The launch date for mobile money transfer services, or MMTS, in Egypt, is still to be determined, but comes at a time when similar systems started in Africa have proved a raging success."

Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...