Tag Archive | "online"

Sure, universites must go online. But that’s just a start.


Huge lecture halls are a waste of space. Forget lugging expensive, heavy textbooks around. Sleep in: your old 8am class is now online. We’re all very aware of how technology is rapidly changing big media and the way information is disseminated. Since information is essentially education, what we learn from media may apply to colleges and universities as well. It comes down to this bellwether: if big name (big brand) universities do not adapt then smaller ones will come up from behind to take the lead, or at least diminish their larger rival’s perceived value — exactly like blogs and social media has done for mainstream media.

It’s no secret or surprise that universities need to reinvent themselves, as big mainstream media is doing now. The true answer must involve more than just providing recorded lectures as podcasts and administering online exams — just as the answer for big media involves more than just uploading their content to a website. Of course, certain classes like labs and others that require hands-on and face-to-face interaction will always need a physical room and location. There will always be professors and teachers. In that way, our image of a university and college will never change. But the ways in which students are reached — and more importantly, the way students learn — must evolve.

If you are in education, do not fear. Universities will always make money. These changes I’m talking about are about adapting, not obsolescence. People will always need college credits and diplomas. Universities will always be a place for research, invention and intellectual growth. In other words, universities will always have customers.

The days are already gone when information originates from a single source (whether that be a newspaper, magazine or TV) and is sent out to the masses. Now news comes from The People. News outlets are scooped by Twitter. Blogs can have equal footing with a national magazine. The question is: how will this affect learning on the collegiate level.  I’m not sure anyone has the answer yet.

Last fall, as the leaves turned bright colors on a crisp fall day and students walked across quads all over America, David Wiley, a Brigham Young University professor of Psychology and Instructional Technology, stood up before a room full of administrators and professors with a dire prediction: “Your institutions will be irrelevant by 2020.” That’s a tough message to swallow.

Access to first-rate information in the form of digital media, video lectures, and audio is becoming more and more available. Of course, it wasn’t always that way. When I was young and had a question my parents couldn’t answer, they directed me to our home set of Encyclopedia Britannica’s, complete with Year Book updates. The well-used burgundy books still line the shelves in my childhood home’s library. These days I never consult an encyclopedia as a first source for information, and I doubt if you do either. When I have a question the answer is always in my pocket on my iPhone or on a nearby computer, only seconds away. Accurate answers (Yes. Highly accurate answers, despite what some well-intentioned but skeptical Luddites may have you think) exist on websites and in videos and audio files and are not limited to a few elite sources.

What if in the future all information is free? That’s not such a radical or dangerous concept. Textbooks could be replaced with digital information that is able to be updated quickly and inexpensively. Professors assign links instead of chapters for reading. Professors would be published in professionally edited, copyleft, searchable and peer-reviewed online magazines funded by tuition and advertising. A “class” may be made up of students from across the world instead of just 30-60 who walk into a classroom or lecture hall. Collaboration and the sharing of knowledge will happen faster. Answers to simpler questions will be available easier, leaving time and energy for deeper examination. Wiley has even taught classes where students complete their homework in blogs that are open for anyone to read. Professors will serve in the same way they do now, as guides and stewards of scholarship. The key change will be the scope of information that professors will be able to access and lead their students to will be practically infinite.

In addition to the new pathways for information distribution there is also a more basic problem with colleges and universities. Education has become far too expensive for most families and many carry student loan debt well into their professional lives. Parents either have to save, starting at the birth of their children, to pay for college or they need to take out loans so large that may eclipse the cost of their home. Not only that, college tuition is still expected to increase at 7% a year. That’s not a formula for continued success and is doomed to collapse just like an overinflated housing market.

Change is happening, established models are transforming and history is being written at a seemingly faster rate than ever before. Universities are now faced with a unique challenge: they need to become students themselves and recreate their own business model.

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Stats show people prefer professional content over homemade


The great thing about the Internet is that it gives an almost equal opportunity for everyone to be heard. It’s about as democratic of a world you can imagine where people vote with their clicks on everything. One of my favorite things to experience is the incredible photography on Flickr.  Some of the most incredible shots are taken by people who aren’t professional photographers. I’ll pull up Cooliris and glide through photos for hours, just as I used to do when I would hang out at the Art Institute.  But now I can do it from my couch and iPhone.

Make no mistake, after all the talk and hand-wringing about the demise of our culture and The Cult of the Amateur, apparently people still prefer professionally-created content over homemade stuff. Visible Measures, a company which tracks video metrics, released a report on online videos which have received 100 million views or more. There are 18 videos — and 17 of them are either professionally produced, professionally produced and uploaded by a regular user or are a user’s comments about a professionally produced TV show. So what was the one user-generated video that got over 100 million views? It was a :56 second video about two kids called Charlie Bit My Finger…Again.

Videos showing over 100 million views as of May 1, 2009

  1. Soulja Boy: Crank That | 356,300,000 views
  2. Twilight | 266,500,000 views
  3. Mariah Carey: Touch My Body | 230,200,000 views
  4. Jeff Dunham: Achmed the Dead Terrorist | 196,500,000 views
  5. Susan Boyle (Britain’s Got Talent) | 186,000,000 views
  6. Leona Lewis: Bleeding Love | 185,600,000 views
  7. Avril Lavigne: Girlfriend | 176,000,000 views
  8. Chris Brown: With You (Disabled Linking) | 175,000,000 views
  9. The Dark Knight | 172,500,000 views
  10. Alicia Keys: No One | 160,300,000 views
  11. Evolution of Dance | 147,000,000 views
  12. Miley Cyrus: 7 Things | 143,000,000 views
  13. Charlie Bit My Finger… Again | 136,000,000 views < User Generated Video
  14. Rihanna: Please Don’t Stop the Music | 122,000,000 views
  15. Paul Potts (Britain’s Got Talent) | 118,800,000 views
  16. Harry Potter and the Half Blood Prince | 104,800,000 views
  17. Lezberado: Revenge Fantasies | 103,000,000 views
  18. Hannah Montana: The Movie | 100,100,000 views

According to the statistics, homemade content, while it can be amazing, just doesn’t have the same power that professionally-produced content does. And keep in mind that in order for a video to go massively viral it needs serious marketing help from the offline world. All of these videos, except for Charlie and his brother, are either attached to a television show, music video or a major motion picture in some way. Of course, the real question here is who is Soulja Boy and what in the heck is that dance?

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Google introduces expanding ads (and no, they’re not annoying)


Google has just introduced expandable ads — and the best part is that they’re not annoying like the ones you may be familiar with. Personally, I love this idea because it gives the advertiser more real estate for the ad without taking up a bigger footprint on the page. When a user clicks on an ad (I wish it expanded upon rollover) it expands into a larger size, displaying more information and larger pictures without taking the user to a whole new page. Google’s new AdSense expandable ads can even show a video clip. That’s pretty sweet.

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Chicago New Home Sales Force Creativity


We all know the market for new homes is bad. Okay, horrible is a better word. According to Hanley Wood Market Intelligence, new home sales in the Chicago market continue a sustained downward trend. In August 2008, builders netted only 424 sales in new for-sale subdivisions of ten units or more, down 79% from the 1,975 net sales recorded a year earlier. Although absorption rates have fallen greatly, base prices of units sold remain little changed from a year ago. Average prices have fluctuated in recent months due primarily to shift in sales mix product such as the sale of high end units in and around the Chicago Loop. Future job losses in Chicago will hamper the demand for new construction in the near term.

What to feel even worse? Check out this chart:

Inventory (homes built by not sold) is also at an all-time high, meaning fewer new communities will be introduced in the near future as the market attempts to absorb what is already out there.

So what’s a marketer to do?

First, don’t panic — at least not in front of sales people. I sit on a Board with new home salespeople and I can tell you from firsthand knowledge that the doom and gloom attitude of many of them is not helping anything. In fact, those builders who have the most upbeat salespeople also have the highest sales. The key to keeping sales people up is to bring them leads. Sales people need to be busy. They need to know their time isn’t being wasted. They need to know that their jobs are secure — otherwise they’ll spend time looking for another job instead of selling your homes.

Second, advertise, and then advertise some more. No, I’m not saying you have to spend a fortune just because it helps my company. Rather, you must remember that advertising is an investment and not an expense. As such, advertising must get back for you more than it cost.

To accomplish this, go where the buyers are — online. Research today shows that over 85% of new home shoppers use the web. It makes sense. With a click or two, potential buyers can be at your site and then at your door. But to reach them, you must make your online efforts work cost-effectively. That means “pay per click” advertising where you only pay when someone clicks on your message, versus “impressions” where you pay based on getting your message in front of 100,000 to 1,000,000 eyes.

Then, when someone clicks on your ad, where do you send them? If you just send them to your site, then your online ad isn’t working together with your website. Your ad should have some type of offer or solution to the viewers’ problems that, when clicked on, leads the viewers to a page that further explains your offer and even encourages them to make an online appointment or sign up for more information.

If you just send people to your site, they’ll have to click around to find what you promised in your ad — and that could lead people to just leave, meaning you paid to get someone to your site and then lost them at your site.

Here’s an example of an appointment scheduler we created that has worked out very nicely.

ParkPlaceHomesChicago.com

ParkPlaceHomesChicago.com

To see this live, visit www.parkplacehomeschicago.com

If you look at the market reports each week, you’ll notice that the big sellers are also the big advertisers. Those who aren’t promoting themselves continue to slide in sales, and will likely have a tough time in 2009 trying to get some momentum going.

Remember, advertising is an investment. You shouldn’t fear it. Rather, you should embrace it and make it work for you.

Posted in Advertising, E-mail Marketing, Home Building, Internet Marketing, Internet Media, Media, Social Marketing, Social MediaComments (2)