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Interests, thoughts & whereabouts

The value of online Communities

May 30th, 2008 by Stephane Lagrange

online community

I met with Bruno Boutot in April 2008 on what was probably the first sunny Spring day in Montreal. I had a very enlightening conversation with him about Communities and their value in the online media world.

Bruno used to be a journalist and he has a wonderful way of summarizing complex interactions in very mundane concepts.
With a background in traditional media (being amongst other things co-founder of the magazine Infopresse - link) and with seniority in online community moderation (he’s been moderating forums and BBS sites for half a decade), Bruno has a very clear vision about how to bridge real life interaction with online interactivity.

From his perspective, it’s all about “affinity” or “community” with the major online revolution being that community is now real time, always available and therefore measurable.
Proximity (i.e. “always available”) is another key concept to Bruno. Whereas in traditional media the distance between the ad and the store can be miles and/or days away, on the Web the distance has narrowed down to a mere hyperlink (i.e. URL). The call to action and the ability to take action are instantaneous, almost real time.

And this is exactly where most media companies miss the point. Too focused on page views and unique visitors to measure their online ad display revenue, media corporations miss the conversion to action stage.

To get your customer engaged enough to act upon an ad with the intent of following through, remains the biggest conversion whatever the media. And then, what happens?

Because online businesses seldom focus on the conversion use cases, the opportunity loses itself in cyberspace and the customer turns his back on the brand with a frustrated experience.

Bruno compares landing on a website to walking into a restaurant after you heard an ad on the radio. You (as an online property owner) should welcome your customer (new or returning) with:
- your product’s uniqueness and specific offers and options
- your current promotions
- the community of people who are there at this given moment and means to interact with and see what they say about the offering
And if you’re a returning customer:
- a personalized welcome greeting
- a personalized selection because the system knows your preferences

You can check out Bruno’s blog at: http://modadmin.com/

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The Art of the Start

April 27th, 2008 by Stephane Lagrange

I couldn’t think of a better way to start my personal blog than to mention a great book that I’ve been reading lately.

I’m always looking for entrepreneurial inspiration and Guy Kawasaki’s “The Art of the Start” is an effective and pragmatic guide to kick start and plan for (in that order) any idea, initiative, business, adventure… you name it.

Even though his book is at times focused on the Tech industry and has quite a few references to Venture Capital (he’s a Tech VC himself), his tone is straight forward, cut the crap, put the book down and get started. It can be applied to any entrepreneurial journey, whether you start a business, a non profit organization, or any event involving people and planning.

I enjoyed being able to read the first chapter of the book on Guy’s website before buying it. I figured out in the first few pages that I would love what he had to say and that it would be a great companion for any of my ventures, current and future.

Click here to you want to read the first chapter of his book.

Click here to purchase his book on Amazon.ca.

Here is more information about Guy Kawasaki:

Guy’s website: www.guykawasaki.com

Guy’s blog (which I strongly recommend): blog.guykawasaki.com

 

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About Interests, thoughts & whereabouts

Stephane Lagrange
contact @ slagrange . com

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