What I’m reading and watching ….

Books:

Steven Johnson: The Invention of Air, the story of the Reverend Joseph Priestly.

World War Z: Max Brooks. The zombie wars, told Stud Terkel style. Recommended by my good buddy T. Soon to be a major motion picture.

Thirteen Moons: Charles Frazier, author of Cold Mountain. Just getting into it. Not sure yet.

J.D. Lasica: Identity in the Age of Cloud Computing. Really good cloud computing primer. I am very into cloud services these days, working on some Amazon Web Services stuff, thinking about business models. Lasica does a great job with a summation of

Movies:

Old Boy: Highly demented Korean revenge flick. Highly demented. Fight scene with a claw hammer is pretty unforgettable.

Songs from the Second Floor: Swedish weirdness. Like a two hour television commercial with very pale people

Star Trek: digging the Spock emphasis, I mean, seriously, when Spock gets the girl, pointy eared paste eaters everywhere got a lift.

Loves of a Blonde: Milos Forman, pretty funny Czech flick about factory workers behind the Iron Curtain looking for men. This bedroom scene was pretty awesome.

Whereabouts week of 5.18

Monday 5.18: Cotuit
Tuesday 5.19: Personal day
Wed-Thur 5.20-21: Morrisville, NC
Friday-Sun: 5.22-24: Cotuit, Memorial Day

Next travel – Morrisville after Memorial Day, New York to speak at Conversational Media Summit June 1-2. San Diego early June. China early June.

Remarketing abandonment

Randall Stross in the Sunday New York Times, profiles an Andover, Mass. company called SeeWhy and its forthcoming product Abandonment Tracker Pro.

As a digital marketing guy who was responsible for getting people into an online store, I also led a team that tried to “remarket” to those potential customers who came, looked, and left without purchasing. The remarketing concept reminds me of a shopkeeper who keeps an eye on a customer perusing the goods on his store’s shelves, watches them leave the store without buying, and then follows them out the door onto the sidewalk to say, “Hey! Hey! Come back!”

It’s creepy, but theoretically, if the ecommerce operator is willing to do something dynamic – like lower the price, extend the warranty, sweeten the deal – the benefits can be compelling: close the sale, gain a customer who can be retained into a repeat customer, and keep the virtual cash register ringing.

From the article: “When asked about possibly alienating prospective customers with overzealous remarketing, Mr. Nicholls said: “Tone and manner are important. The message should be something like, ‘Oops, was there a problem? Can we help?,’ versus an out-and-out hard sell, which will just wind everyone up.”

I think the reality is far different and requires a telepathic connection between the vendor and the customer that simply doesn’t exist. The first contradictory behavior in the ideal world where all-clicks-convert-to-a-sale is virtual comparison shopping where the customer fills a cart and configures it with goods, accessories, and services to simply build a price model for comparison to others. Pricing “homework” is a key behavior on my part – where I take the time to seek out the possible pricing permutations of a car or durable good before arriving at a dealer or brick and mortar store for a face-to-face negotiation with a salesperson. Many ecommerce sites, in my opinion, are research tools, not a means to an end, and as such as not going to be converting every customer every time, no matter what incentives are placed before.

The creepiest thing in Stross’ piece, is the disclosure that sites can now capture keystrokes typed into an input filed with relying on a “submit” button. That’s going to bring the FTC down like an avalanche of bricks and is evil. SeeWhy is not going to implement dynamic keystroke capture as a default. This is the technology that lets Google guess ahead on search queries (a good thing).

Ecommerce, in general, is a tired paradigm that needs to be blown up. Think about it. What was the latest significantly new online shopping experience you’ve seen? For me it has to be the Kindle – the ultimate in instant gratification – but on the whole, the cart metaphor is dead and needs to evolve to something different and built around empathy, not the finality of buying and the regrets of the merchant chasing their customer down the sidewalk shouting, “Wait! Wait! Can we talk?”

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