
EXCERPT FROM PETER DEKOM's UPCOMING NEW BOOK
"SHREDDD"
FOUR BASIC RULES TO PROSPER IN A WORLD RIPPED APART BY ENHANCED COMMUNICATIONS
Read what one of the most powerful and respected lawyers in Hollywood, Peter Dekom (See also http://www.wordsmitten.com/dekom_interview.html and http://www.feigenlaw.com/Dekom review.htm), has to say about the work of Mnemotrix Systems, Inc in the fields of new technology for entertainment and the distillation of insight from public generated media.
FROM PAGES 203-210 ...
From the Chapter: Rule Four -- If you Can't Beat 'em, Let them
Join You! -- Reach Beyond Your Own Walls for Answers
Our ability to track information passively has its roots in conventional
content analysis, and current search engines (Ask, Google, etc.) rely on
inputting the correct descriptive words to generate the precise
demographic intercepts. For example, assume a toothpaste company is
thinking about co-sponsoring a golf tournament to enhance their brand.
They want to know exactly who might be impacted by such an effort, their
level of sophistication and susceptibility to marketing and whether or
not the sponsorship is worth considering. They need the word-of-mouth to
get peer leaders (marketing prosumers) to make the effort worthwhile.
What do they do? Maybe someone in their marketing department sets up a
Google search: they combine "golf" + "intelligent" +
"toothpaste," fire up the search engine, and they turn up a whole
lot of interesting information (9,960 entries) on arguments for and
against the use of fluorides, alternatives to fluorides, biometrics, and
a whole lot of cute stories. They then can hire a traditional blog
analytical company to track golf blogs, chat rooms and sports pages to
see what folks are talking about. What they are going to have trouble
finding is any form of psychographic definition of an accessible cohort
of bright (or stupid) people who are interested in watching or playing
golf that might be willing to try a new tooth paste. In fact, they are
not going to discover much in the way of tools to limit their decision
criteria.
This key word approach combined with bulletin board/chat room/ blog
depends very heavily on the sensibilities and sophistication of the
originator of the search, which adds an additional level of subjectivity
to the analysis. As we evolve into more sophisticated search structures,
with capabilities to identify nuance, emotive characteristics and the
ability to track parallel but unarticulated descriptions, the level of
psychographic identification and tracking will, of necessity, become
more efficient, more accurate and much more cost effective. And a whole
lot more complicated, but that future is now.
Texas-based Mnemotrix Systems, Inc. has developed just such a nuanced
tracking search engine, which has moved away from simply finding key
words contained in text into parallel searches that includes finding
synonyms for each set of words articulated in the search, idiomatic
clusters triggered by combinations of words, verbal equivalents of
symbols and numbers (and vice versa), and other "experiences"
contained in the company's proprietary database (linking feeling
clusters together as well, so that "love" and "enjoy" share the
same emotional valence). As innovations in semiotics and consumer
metrics improve, we are going to see an entirely new range of passive
tracking software that will monitor public communications by consumers
in many formats. Where people are too young, too old or otherwise unable
to establish an online presence, their personality characteristics still
find their way onto online sites by academic scholars and journalists
writing about them. The wealth of information is obviously infinite, so
the task is how to access enough to be statistically meaningful and to
find the gold in prosumer marketing potential.
One of the most interesting new uses of passive tracking can
be found, in a primitive state, on YouTube, where a popular video builds
viewership virally. News organizations and parallel consumer groups
often pick up on videos with big viewer numbers (tracked by the site
itself). The value proposition for marketers of content is obvious 96
where the target is that younger segment of Internet sophisticates that
trade communication "moments," sending a few of those video
"moments" out into the ether is a means of finding out if the
"moment" can find traction and popularity. If that "moment" is
accurately reflective of the piece of content as a whole, audience
receptivity is easily measured.
But what is less obvious, but equally capable of ascertainment using the
tracking systems described above, is that the actual psychographically
appropriate segments of the potential viewership will identify
themselves and even tell you what they like or dislike about your
"moment." Tracking these reactions with semiotically-sensitive
software ("impact" and "sentiment" analysis) can help you (a)
figure out if your assumptions for whom your content is targeted are
correct, (b) pick up other sub-sets of consumers that might also be
attracted to your content, (c) suggest where additional tests might be
valuable (it might even define some needed focus group testing) and (d)
discover what about your content appeals to these consumers and what
turns them off. In short, the relevant consumers will not only tell you
who they are but how to market to them! Not sure how to connect with
your own consumers? Again, there are lots of companies more than happy
to help you find the correct way to engage your client/customer base.
There are some pretty obvious places to look, especially
when the younger techno-sophisticates are involved. The easiest? Cell
phones, personal digital assistants (PDAs) and mobile platforms have an
interesting series of side benefits for consumer "trackers": when
people sign up for a new cell phone or trade-up to the next generation,
they tend to identify themselves, either in-person or online, either
through direct personal information, the type of device they select, or
even the way they use the phone (texting, surfing versus simple email
and phone use). Further, their actually usage is tracked (numbers called
or texted, content purchased or downloaded 96 the bill often comes from
the carrier itself- or even the sites visited). The Web is the next
easiest passive tracking system as we have seen, but set-top boxes on
television (Nielsen's rating system), folks with clickers counting
people as they pass through marked barriers, ticket sales, bar code
analysis on products sold, but the situation gets more interesting when
the consumer is engaged in an activity that creates relevance for them
and information for the tracking Website provider. Getting someone to
provide a rating after an online transaction interests a few, but other
than revenge or complimenting the extraordinary, most people have better
things to do with their time.
Tracking online content consumption and purchases is very
simple, but for other products and services that cannot be experienced
directly in whole or in part on the Web, following normal old-world
consumer testing, when samples or experiences with the actual product or
service is discussed or analyzed on the Web, passive tracking can refine
and enhance both the product/service as well as the relevant marketing.
For "what's next" consumers, tracking beta-tests, both actively
and passively, becomes yet another path in product development.
|