Showing posts with label Google. Show all posts
Showing posts with label Google. Show all posts

Thursday, October 14, 2010

Why don’t music co.s provide free music?

I know nothing about the technology involved in digital music. But what I know is that we are easily able to download pirated songs for free from various websites. These songs are then played on the computers and easily transferred to mobile phones, iPods etc.
Now the first thing that you notice when you open a site like apunkabollywood dot com for a 'pirated' music download is the number of advertisements flashing all around - supposedly their primary source of revenue.
So if they can do it, why not the record labels themselves? Open a website, put up ads on it and let the users download the songs for free. (Presently, the websites have the songs and they are available at a very low price of Rs 10. But still I have to pay that Rs 10 which takes considerable time.  )

Apart from the ad revenues, you can gather a lot of data on what people are searching, consuming, their preferences, patterns, trends. They can be segmented geographically, demographically and so on. All this can also go as an input while creating music.  And the information can even be sold off to other interested marketers from different fields.

This can also be used in other dealings by the music labels. You instantly get an accurate update on what songs are popular and differential pricing can be used to benefit more from licensing to radio and TV channels, to mobile companies for caller tunes, to concerts where it can be sung by artists etc.   Every marketer wants to pull customers . And here are people from a variety of backgrounds who will automatically get pulled for the sake of free music.

The point is that the labels are crying that piracy is killing their revenues. So why not change the  revenue source which they are blocking.  Those who want it for free are already getting it for free and giving nothing in return to the music company. By this,  at least gets some data, some information. And today, information is not cheap.  Google has become a behemoth simply by gathering data and using the information.

Speaking of Google, it is taking music to another level itself - to the Cloud. Buy music online and Store it on an online library. Then listen it anywhere on any device. The basic requirement - a very fast internet connectivity, which India lacks. But who knows, with 3G round the corner, we make take a long jump!!

Wednesday, September 29, 2010

Re-Marketing

If you have been to Palika Bazaar in Delhi, you know that only one “kitne ka hai” about something is enough for them to get behind you like anything. They call you, cajole you, follow you till a distance – their voice does even if they physically don't. Heavy discounts are offered and more often than not they close the deal. After coming out, many times we look down upon the cheap methods by which the sale was done – even if the shopping bags are full.

Well, now even sellers who term the Palika Bazar's methods as 'low market' can also benefit from the same technique. The euphemism that Google has used is 'Re-marketing' or 'Interest Based Advertising'.

The 'advertising innovation' is around 6 months old but came to know about it when Ankit was trying to book air tickets online. Though he did not go through with the transaction, for the next few days, he kept on getting related ads by airlines/travel portals flashed on various websites he visited. It was then we realized that he was being re-marketed.

The concept is simple. Suppose you are on the web to buy let's say an airline ticket for a leisure trip to Singapore. You visit a website which has employed re-marketing and browse around. In other words you have asked a Palika Bazaar dukaanwala(shopkeeper) the price of some thing.

The information gets stored in the cache. The dukanwala has locked on to a potential buyer.

If you leave the website without a purchase, then website uses the cache information to display related advertisements wherever you go on the web. If you leave the dukaan without a buy, the dukaanwala follows you, shouting “Aao to sahi. Kitna doge”.

The ads being popped up offer various discounts on the exact route you had searched for. The same is done by the dukaanwala.

I wonder if Palika Bazaar actually had something to do with Google Re-marketing.

Monday, June 08, 2009

Search...

Structured Search – that seems the buzzword and the way to go forward for the search companies. Wolfram Alpha was the first one to come up with such a structured result of a query. But the results are from a massive database it has. Google has taken up a more challenging task of structuring the whole web through Google Squared, which is still developing in its Labs. Microsoft’s Bing brings in a good competition to the search area of Google. But not to be left behind in its own game, Google, with squared (and the amazing Google wave) clearly has a vision of where it is headed.

As for structured search, it seems the natural way forward. Google has indexed the whole World Wide Web and pulls up what you need at the click of a button for the user. The way forward, quite logically is to present the information or data in a format that is much more user friendly, which saves time and reads the mind of the user effectively.

The advent of Web 2.0 and the user-generated data on the web results in an overload of information. Any innovation which provides a structure, sense and a certain authenticity to this maze of data is bound to be accepted and widely popular.