Tuesday, 7 December 2010

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Here's something to be thankful for this day: Elizabeth Warren in Obama's economic team, already protecting consumers. HuffPo's Shahien Nasiripour reviews the record, and finds she was instrumental in recognizing the potential danger in the out-of-state notarization bill that Obama eventually vetoed.




The bill, which passed both houses of Congress and awaited President Obama's signature to become law, essentially would have compelled notaries to accept out-of-state notarizations, regardless of the rules in those states.



State officials across the country--who have been pursuing probes looking into wrongdoing within the foreclosure process-- feared that those jurisdictions with lax standards could have become hotbeds for foreclosure documentation fraud. Lenders and mortgage companies could have used those states as central clearing houses to produce bogus foreclosure paperwork, and then export those documents to other states with more stringent regulations--an expedient bypass around the strictures.



Obama ultimately declined to sign the law, and the House of Representatives failed to override the veto.



Officials said Warren was among the first federal officials to recognize the significance of the notary bill, titled the Interstate Recognition of Notarizations Act of 2010. She met with authorities from several states and then relayed their concerns to influential administration officials.



During the morning of Oct. 6, Warren's team at the Treasury Department wrote the first memos on the bill, raising questions about the possible consequences if it became law, these people said.



That evening, Warren met for 30 minutes with Peter Rouse, Obama's interim chief of staff, her calendar shows. She later spent an hour on the phone with Illinois Attorney General Lisa Madigan, who once sued Countrywide Financial and exacted an $8.4 billion multi-state settlement.



The next day, Warren participated in an afternoon meeting on the bill, her calendar shows. During that meeting one of Obama's top spokesmen, Dan Pfeiffer, posted an entry on the White House Blog explaining why Obama would not sign the bill.



On Oct. 8, Obama declined to sign the bill into law, citing the need for "further deliberations about the possible unintended impact" of the bill on "consumer protections, including those for mortgages."



Documents released Wednesday show that Warren met or spoke with at least eight state officials leading a 50-state investigation into possibly-fraudulent mortgage documentation practices.



As Nasiripour notes, Warren is increasingly being targeted by Republicans who want to stymy the work of the new agency. Knowing full well the forces that would line up against her, Warren has been meeting extensively with "bankers and their representatives. Financial executives and lobbyists have noted that Warren was reaching out to them more than they initially expected." Hopefully that outreach will help immunize her from her critics, because we need her, as the notarization bill veto demonstrates.



(See MediaFreeze's recommended diary for further discussion.)




(We never hear much anymore about that $25 billion dollar outlay from Fannie and Freddie, do we?)


There’s so much to talk about here. First off, if you subtract it out, roughly $38 billion in TARP savings is coming from under-delivery on HAMP. That’s 152% of the estimated total cost of the entire program. So if HAMP fulfilled its goals, TARP would have cost 152% more. In other words, a big element of the persistent theme of TARP “saving taxpayers money” comes from the government reneging on its promise to help struggling homeowners.


Second, the report makes clear that $8 billion of the $12 billion that will ultimately be spent comes from unrelated mortgage-relief programs outside of HAMP itself. In reality, HAMP will get a $4 billion dollar commitment when all is said and done, just 8% of the total allocated. The Hardest Hit Fund (grants to states with the biggest housing problems) and the FHA Short Refinance program (incentive payments for underwater borrowers), two programs created on the fly, will end up spending twice as much money as the Administration’s signature foreclosure mitigation program.


Third, this is a far more realistic assessment of HAMP than OMB’s insistence that $46 billion of the $50 billion will be spent. Unlike that projection, CBO looks at the actual numbers of homeowners participating in the program. This has fallen off considerably in recent months. Given that only 483,000 homeowners are currently in active, permanent modifications, and that fewer and fewer get their trial mods converted with each passing month, CBO’s numbers are simply more realistic. For OMB to be correct, some flood of permanent modifications would have to enter the system over the next year, and servicers don’t really want to modify any loans. So that’s not happening.


Fourth, let’s stipulate that HAMP was insufficient to deal with the enormity of the foreclosure mess even if it had worked perfectly. Federal Reserve Governor Elizabeth Duke testified before Congress a couple weeks ago that she expects 6.5 million more foreclosure filings between now and 2012, and if you add in 2009 you’d have over 8 million foreclosures while HAMP was active; other analysts put the number as high as 11 million. So its goal of 3-4 million modifications was under half of total foreclosure filings. And in reality, it didn’t cover more than 6%.


Fifth, as John Taylor of the National Community Reinvestment Coalition told CNBC yesterday, this unending stream of foreclosures serves as a lead weight on the economy. If you are going to cut back on any expenditure, the one that would curtail the supply on the market, stabilize neighborhoods, provide a floor for housing prices and start to allow homeowners to build equity again would not be the one.




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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



- h p -

Here's something to be thankful for this day: Elizabeth Warren in Obama's economic team, already protecting consumers. HuffPo's Shahien Nasiripour reviews the record, and finds she was instrumental in recognizing the potential danger in the out-of-state notarization bill that Obama eventually vetoed.




The bill, which passed both houses of Congress and awaited President Obama's signature to become law, essentially would have compelled notaries to accept out-of-state notarizations, regardless of the rules in those states.



State officials across the country--who have been pursuing probes looking into wrongdoing within the foreclosure process-- feared that those jurisdictions with lax standards could have become hotbeds for foreclosure documentation fraud. Lenders and mortgage companies could have used those states as central clearing houses to produce bogus foreclosure paperwork, and then export those documents to other states with more stringent regulations--an expedient bypass around the strictures.



Obama ultimately declined to sign the law, and the House of Representatives failed to override the veto.



Officials said Warren was among the first federal officials to recognize the significance of the notary bill, titled the Interstate Recognition of Notarizations Act of 2010. She met with authorities from several states and then relayed their concerns to influential administration officials.



During the morning of Oct. 6, Warren's team at the Treasury Department wrote the first memos on the bill, raising questions about the possible consequences if it became law, these people said.



That evening, Warren met for 30 minutes with Peter Rouse, Obama's interim chief of staff, her calendar shows. She later spent an hour on the phone with Illinois Attorney General Lisa Madigan, who once sued Countrywide Financial and exacted an $8.4 billion multi-state settlement.



The next day, Warren participated in an afternoon meeting on the bill, her calendar shows. During that meeting one of Obama's top spokesmen, Dan Pfeiffer, posted an entry on the White House Blog explaining why Obama would not sign the bill.



On Oct. 8, Obama declined to sign the bill into law, citing the need for "further deliberations about the possible unintended impact" of the bill on "consumer protections, including those for mortgages."



Documents released Wednesday show that Warren met or spoke with at least eight state officials leading a 50-state investigation into possibly-fraudulent mortgage documentation practices.



As Nasiripour notes, Warren is increasingly being targeted by Republicans who want to stymy the work of the new agency. Knowing full well the forces that would line up against her, Warren has been meeting extensively with "bankers and their representatives. Financial executives and lobbyists have noted that Warren was reaching out to them more than they initially expected." Hopefully that outreach will help immunize her from her critics, because we need her, as the notarization bill veto demonstrates.



(See MediaFreeze's recommended diary for further discussion.)




(We never hear much anymore about that $25 billion dollar outlay from Fannie and Freddie, do we?)


There’s so much to talk about here. First off, if you subtract it out, roughly $38 billion in TARP savings is coming from under-delivery on HAMP. That’s 152% of the estimated total cost of the entire program. So if HAMP fulfilled its goals, TARP would have cost 152% more. In other words, a big element of the persistent theme of TARP “saving taxpayers money” comes from the government reneging on its promise to help struggling homeowners.


Second, the report makes clear that $8 billion of the $12 billion that will ultimately be spent comes from unrelated mortgage-relief programs outside of HAMP itself. In reality, HAMP will get a $4 billion dollar commitment when all is said and done, just 8% of the total allocated. The Hardest Hit Fund (grants to states with the biggest housing problems) and the FHA Short Refinance program (incentive payments for underwater borrowers), two programs created on the fly, will end up spending twice as much money as the Administration’s signature foreclosure mitigation program.


Third, this is a far more realistic assessment of HAMP than OMB’s insistence that $46 billion of the $50 billion will be spent. Unlike that projection, CBO looks at the actual numbers of homeowners participating in the program. This has fallen off considerably in recent months. Given that only 483,000 homeowners are currently in active, permanent modifications, and that fewer and fewer get their trial mods converted with each passing month, CBO’s numbers are simply more realistic. For OMB to be correct, some flood of permanent modifications would have to enter the system over the next year, and servicers don’t really want to modify any loans. So that’s not happening.


Fourth, let’s stipulate that HAMP was insufficient to deal with the enormity of the foreclosure mess even if it had worked perfectly. Federal Reserve Governor Elizabeth Duke testified before Congress a couple weeks ago that she expects 6.5 million more foreclosure filings between now and 2012, and if you add in 2009 you’d have over 8 million foreclosures while HAMP was active; other analysts put the number as high as 11 million. So its goal of 3-4 million modifications was under half of total foreclosure filings. And in reality, it didn’t cover more than 6%.


Fifth, as John Taylor of the National Community Reinvestment Coalition told CNBC yesterday, this unending stream of foreclosures serves as a lead weight on the economy. If you are going to cut back on any expenditure, the one that would curtail the supply on the market, stabilize neighborhoods, provide a floor for housing prices and start to allow homeowners to build equity again would not be the one.




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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...




Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Here's something to be thankful for this day: Elizabeth Warren in Obama's economic team, already protecting consumers. HuffPo's Shahien Nasiripour reviews the record, and finds she was instrumental in recognizing the potential danger in the out-of-state notarization bill that Obama eventually vetoed.




The bill, which passed both houses of Congress and awaited President Obama's signature to become law, essentially would have compelled notaries to accept out-of-state notarizations, regardless of the rules in those states.



State officials across the country--who have been pursuing probes looking into wrongdoing within the foreclosure process-- feared that those jurisdictions with lax standards could have become hotbeds for foreclosure documentation fraud. Lenders and mortgage companies could have used those states as central clearing houses to produce bogus foreclosure paperwork, and then export those documents to other states with more stringent regulations--an expedient bypass around the strictures.



Obama ultimately declined to sign the law, and the House of Representatives failed to override the veto.



Officials said Warren was among the first federal officials to recognize the significance of the notary bill, titled the Interstate Recognition of Notarizations Act of 2010. She met with authorities from several states and then relayed their concerns to influential administration officials.



During the morning of Oct. 6, Warren's team at the Treasury Department wrote the first memos on the bill, raising questions about the possible consequences if it became law, these people said.



That evening, Warren met for 30 minutes with Peter Rouse, Obama's interim chief of staff, her calendar shows. She later spent an hour on the phone with Illinois Attorney General Lisa Madigan, who once sued Countrywide Financial and exacted an $8.4 billion multi-state settlement.



The next day, Warren participated in an afternoon meeting on the bill, her calendar shows. During that meeting one of Obama's top spokesmen, Dan Pfeiffer, posted an entry on the White House Blog explaining why Obama would not sign the bill.



On Oct. 8, Obama declined to sign the bill into law, citing the need for "further deliberations about the possible unintended impact" of the bill on "consumer protections, including those for mortgages."



Documents released Wednesday show that Warren met or spoke with at least eight state officials leading a 50-state investigation into possibly-fraudulent mortgage documentation practices.



As Nasiripour notes, Warren is increasingly being targeted by Republicans who want to stymy the work of the new agency. Knowing full well the forces that would line up against her, Warren has been meeting extensively with "bankers and their representatives. Financial executives and lobbyists have noted that Warren was reaching out to them more than they initially expected." Hopefully that outreach will help immunize her from her critics, because we need her, as the notarization bill veto demonstrates.



(See MediaFreeze's recommended diary for further discussion.)




(We never hear much anymore about that $25 billion dollar outlay from Fannie and Freddie, do we?)


There’s so much to talk about here. First off, if you subtract it out, roughly $38 billion in TARP savings is coming from under-delivery on HAMP. That’s 152% of the estimated total cost of the entire program. So if HAMP fulfilled its goals, TARP would have cost 152% more. In other words, a big element of the persistent theme of TARP “saving taxpayers money” comes from the government reneging on its promise to help struggling homeowners.


Second, the report makes clear that $8 billion of the $12 billion that will ultimately be spent comes from unrelated mortgage-relief programs outside of HAMP itself. In reality, HAMP will get a $4 billion dollar commitment when all is said and done, just 8% of the total allocated. The Hardest Hit Fund (grants to states with the biggest housing problems) and the FHA Short Refinance program (incentive payments for underwater borrowers), two programs created on the fly, will end up spending twice as much money as the Administration’s signature foreclosure mitigation program.


Third, this is a far more realistic assessment of HAMP than OMB’s insistence that $46 billion of the $50 billion will be spent. Unlike that projection, CBO looks at the actual numbers of homeowners participating in the program. This has fallen off considerably in recent months. Given that only 483,000 homeowners are currently in active, permanent modifications, and that fewer and fewer get their trial mods converted with each passing month, CBO’s numbers are simply more realistic. For OMB to be correct, some flood of permanent modifications would have to enter the system over the next year, and servicers don’t really want to modify any loans. So that’s not happening.


Fourth, let’s stipulate that HAMP was insufficient to deal with the enormity of the foreclosure mess even if it had worked perfectly. Federal Reserve Governor Elizabeth Duke testified before Congress a couple weeks ago that she expects 6.5 million more foreclosure filings between now and 2012, and if you add in 2009 you’d have over 8 million foreclosures while HAMP was active; other analysts put the number as high as 11 million. So its goal of 3-4 million modifications was under half of total foreclosure filings. And in reality, it didn’t cover more than 6%.


Fifth, as John Taylor of the National Community Reinvestment Coalition told CNBC yesterday, this unending stream of foreclosures serves as a lead weight on the economy. If you are going to cut back on any expenditure, the one that would curtail the supply on the market, stabilize neighborhoods, provide a floor for housing prices and start to allow homeowners to build equity again would not be the one.




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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Carnahan Camp To Fox <b>News</b>: Why Single Us Out? | TPMMuckraker

Lawyers for former Senate Candidate Robin Carnahan are arguing that the Fox News network is singling the Missouri Democrat out in its lawsuit alleging her campaign violated the network's copyrights.

Adobe releases Lightroom 3.3, ACR 6.3 &amp; Lens Profile Downloader <b>...</b>

Adobe releases Lightroom 3.3, ACR 6.3 & Lens Profile Downloader: Adobe has released Photoshop Lightroom 3.3, Camera Raw 6.3 and DNG Converter 6.3. These are final versions of updates that were originally posted as 'release candidates' ...

This Week in Credit Card <b>News</b> - MoneyBuilder - making sense of <b>...</b>

Provided by LowCards.com More Than Eight Million People Drop Out of Credit Card Use More than eight million consumers stopped using credit cards over the past year, according to a new study by TransUnion. The use of general purpose ...



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Monday, 6 December 2010

web internet marketing

Matthew Latkiewicz works at Zendesk.com, customer support software. He writes for and edits Zengage, Zendesk’s blog about customer engagement. He also writes about wine for McSweeney’s and imagines stuff at his own website, youwillnotbelieve.us.

Just as early television shows were essentially radio plays shot on film, the earliest attempts by online marketers mimicked the worlds of television and print. While banner ads and pre-roll commercials are still with us, of course, a new generation of marketing professionals and companies are exploring techniques more native to the web: multi-platform marketing campaigns that encourage interactivity.

Marketers who take advantage of the class='blippr-nobr'>Internetclass="blippr-nobr">Internet’s unique capabilities have the potential to build increasingly engaged customer communities. Here’s a look at three major trends.

1. User-Generated Content Contests

Doritos hosted its first Crash the Superbowl campaign in 2007. Like a lot of big companies, Doritos bought a commercial slot for the Superbowl, but instead of hiring a production company to make a 30-second spot, Doritos turned to its consumers. “Grab your camera and create your Doritos commercial,” the company advertised. Anyone could create and submit a spot. These spots were put to a vote online, and the finalists received $10,000 and the winning spot ran in the very expensive Superbowl slot.

More than 1,000 people submitted videos, and Doritos generated a lot of attention for the campaign, ranking high in a number of surveys that tracked buzz and impact of the Super Bowl commercials.

These kinds of campaigns are very popular on the Internet at the moment and they range in scale. SolidWorks, makers of computer-aided design (CAD) software, worked with the design firm Small Army to build a campaign that involved its very active community. Christine Washburn, VP of marketing at SolidWorks, says, “We wanted to do something that would involve them and be very visible for new potential members of the community.”

Small Army came up with Let’s Go Design, an interactive web series. Users submit design ideas in response to challenges proposed by the show. Ideas are voted on and ultimately incorporated.

What works: Activity and participation around the brand.

If users get involved, they can win. And the voting structure generates even more activity. Washburn reports that SolidWorks’ “web traffic is up by a factor of four in comparison to previous campaigns.”

When this doesn’t work: Your brand doesn’t carry either the same kind of mass appeal as Doritos or the committed fandom of SolidWorks.

Branding consultant Lisa Merriam wrote a case study of a failed contest campaign by a company called Levia. It tried a campaign similar to Doritos, asking consumers to submit a video about the healing power of light.

Doritos is a mega-brand millions and millions of passionate consumers. And Levia®? You probably never heard of it. Levia® is a device that uses light to treat psoriasis. The set of people who suffer from psoriasis and who have heard of Levia® and who have the technical know-how to produce video and who care enough to come up with winning concepts about light’s power to heal is an infinitesimally small set of people — certainly not a crowd./>

2. Making a Consumer Community

Marketers have jumped on the relatively recent explosion of online communities. If customers have the ability to talk to one another, why not create an incentive and a space for them to talk about your brand?

One way to accomplish this is to offer customers something they might actually do in real life. Marketing agency Movement Strategy, for instance, recently created an online forum for two of its NBA clients, the Denver Nuggets and the New York Knicks. The site — NuggetsVsKnicks.com — operated during an actual game between the Nuggets and the Knicks, giving the fans a place to cheer on their team (and trash talk the other). By integrating with Facebookclass="blippr-nobr">Facebook — users cheered by “Liking” their team — Movement Strategy was able to give a real-world analog to the digital interaction.

What works: Campaigns that encourage community among their customer base can really help to build loyalty.

When this doesn’t work: When the campaigns are lazy.

It’s not fair to say that most company Facebook Pages don’t work, but often the conversations there offer a relatively low level of engagement. Contests, questions and announcements all encourage participation from the customer, but not necessarily participation with each other.

A lot of brands use Twitterclass="blippr-nobr">Twitter contests in a similar way. A few years ago Squarespaceclass="blippr-nobr">SquareSpace, for instance, gave away an iPhoneclass="blippr-nobr">iPhone a day to anyone who mentioned Squarespace in a tweet. While this kind of activity can generate a lot of buzz, the actual customer engagement in the brand is low — the equivalent of dropping your business card in a fishbowl.

Even worse is when Facebook and other social network integration is used as a gimmick. Last March, Absolut sponsored a short film by Spike Jonze, the director of Being John Malkovich. The film, titled I’m Here, was designed to be shown on the web. Before watching, the viewer is first walked through an invitation process using Facebook Connect. The friends you invite are cleverly integrated into an introductory cut scene, during which, you “enter” the theater to watch the film. Their photos appear on the VIP passes of other people in the theater. The whole thing works to give you a sense that you are watching this film with people who you know.

Except in this case, the experience stops there. As soon as the film starts, the connection to your community ends. The introduction has nothing to do with the film itself and instead feels tacked on and gimmicky. Absolut hinted at what could be done but didn’t actually do it.

3. Choose Your Own Adventure

Perhaps the most exciting development in multi-platform interactive campaigns is the ability of the customer base to participate in and affect the outcome of a story.

At Blogworld 2010, Ford announced an online marketing campaign to promote its new Focus. The campaign, called Focus Rally, pits six teams against each other in a reality-style adventure game where the viewers make the important calls for the participants.

“It’s a little bit like a choose your own adventure here, but the people at home were choosing the adventure for these players. It’s kind of cool how interactive the show is going to be,” says Focus Rally producer Neal Konstantini.

Specifically, the Focus Rally competitors must rely on the network capabilities of the car and their social networks to solve challenges. “f you’re in Albuquerque and you’re stuck and you run out of gas,” Konstantini explains, “you’re going to have to get on Facebook and tell your network, ‘I’m stuck. I need gas. Help me.’”

What works: When the web is integrated into both a compelling storyline and effective brand messaging.

When this doesn’t work: When you expect interaction to be what solely carries the campaign.

“It’s not enough to be interactive,” says Michal Ann Strahilevitz, associate professor of marketing at Golden Gate University. “It has to be truly compelling, engaging and persuasive to the target market. If you build it, they may or may not come.”

Choose your own adventure campaigns build off the Internet’s potential as a story-telling device. These kinds of campaigns “require the audience’s presence and participation in order to be complete,” says Mike Monello, co-founder and executive director of Campfire, an advertising agency in New York. Monello was one of the creators of The Blair Witch Project and used viral Internet distribution before there was a name for such a thing.

In a recent campaign that Campfire created for the Discovery Channel’s Shark Week programming, the team produced a series of videos about famous shark attacks throughout history. Like Absolut’s promotion of I’m Here, Campfire used Facebook Connect to personalize users’ experience of the site and videos. But whereas Absolut’s choice felt tacked on at the end, Campfire accessed users’ Facebook information to build a personalized shark attack for the visitor. It integrated personalization into the branding and the storytelling.

“Telling stories is one of mankind’s most enduring traditions,” Campfire explains on its website. “Our increased connectedness has only made spreading them faster, more pervasive, and more effective.”

More Business Resources from Mashable:

- 5 Ways to Sell Your Expertise Online/> - 4 Misconceptions About Marketing in Social Games/> - Small Biz Checklist: 5 Important Tasks for the End of the Year/> - HOW TO: Boost Holiday Sales With Commonly Overlooked Marketing Strategies/> - Why SMS Marketing Still Makes Sense for Small Business

Image courtesy of iStockphotoclass="blippr-nobr">iStockphoto, IvanWuPI

For more Business coverage:

    class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for Android, iPhone and iPad








Top Stories of the Week




  • The iPad is Getting Its First Major Software Update: Here's What's New in iOS 4.2

  • RIP Ask.com: Web Search is Over at Ask

  • How to Use Blekko to Rock at Your Job

  • Learning JavaScript Visually with Diagrams

  • FarmVille is Still the Most Popular Facebook App - But #2 is a Surprise


More coverage and analysis from ReadWriteWeb






Download The Age of Exabytes: Tools & Approaches for Managing Big Data


We are experiencing a big data explosion, a result not only of increasing Internet usage by people around the world, but also the connection of billions of devices to the Internet. Eight years ago, for example, there were only around 5 exabytes of data online. Just two years ago, that amount of data passed over the Internet over the course of a single month. And recent estimates put monthly Internet data flow at around 21 exabytes of data.

Our latest report, The Age of Exabytes, explores how technologies are evolving to address the needs of managing big data, from innovations in storage at the chip and data center level, to the development of frameworks used for distributed computing, to the increasing demand for analytical tools that can glean insights from big data in near real-time. Download it for free now.





Location



  • The Battle for "Location," This Time with Real Armies

  • Magitti: The Future of Location Apps From PARC?


More Location coverage



Real-Time Web



  • The UN to Open Source Global Crises in Real-Time

  • Stop Texting Me and Download Kik Before It's Pulled from the App Store


More Real-Time Web coverage




Internet of Things



  • The (Near) Future of Medicine: Take Two Computers and IM Me in the Morning

  • Why Software is More Important Than Sensors in the Internet of Things


More Internet of Things coverage






Check Out The ReadWriteWeb iPhone App


As well as enabling you to read ReadWriteWeb while on the go or lying on the couch, we've made it easy to share ReadWriteWeb posts directly from your iPhone, on Twitter and Facebook using the official ReadWriteWeb iPhone app. You can also follow the RWW team on Twitter, directly from the app. We invite you to download it now from iTunes.





ReadWriteEnterprise


ReadWriteEnterprise is devoted to enterprise 2.0 and using social software inside organizations.



  • What Web Apps Are Employees Using at Work?

  • 3 Challenges for Enterprise 2.0 Now That It's Gone Mainstream

  • No More Hand Holding: Why Consultants Need to Build Apps



ReadWriteStart


ReadWriteStart, sponsored by Microsoft BizSpark, is a resource for startups and entrepreneurs.



  • Tips for Getting (Follow-Up) Press Coverage for Your Startup

  • Telling Startup Stories With Data




ReadWriteCloud


ReadWriteCloud, sponsored by VMware and Intel, is dedicated to Virtualization and Cloud Computing.



  • Google Voice Coming to Google Apps Subscribers (Updated)

  • How Google Views Cloud Security and the New Application Model

  • 5 Ways Google TV Will Disrupt Web Analytics



ReadWriteBiz


ReadWriteBiz is a resource and guide for small to medium businesses.



  • How Real-Time Analytics Can Help Small Businesses Thrive

  • Network Roulette: Chatroulette for Professional Networking

  • SMB Tech Roundup: Productivity Apps, Google Announcements and Calculating Marketing ROI



ReadWriteHack


ReadWriteHack is a resource and guide for developers.



  • Learning JavaScript Visually with Diagrams

  • Could Serverside Frameworks Become Irrelevant?

  • Kinect Drivers Hacked - What Will YOU Build with It?



ReadWriteMobile


ReadWriteMobile is dedicated to helping its community understand the strategic business and technical implications of developing mobile applications.




  • Twitter Plus iTunes Ping is a Non-Starter

  • New Service Brings Single Click Checkout to Android

  • Open Mobile Summit: 4 Ways to Monetize Apps



Enjoy your weekend everyone!



Subscribe to the Weekly Wrap-up


You can subscribe to the Weekly Wrap-up by RSS or by email below.



RWW Weekly Wrap-up Email Subscription form:















bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off
La luz se puede generar el Levante - Ciencia <b> Noticias </ b> Los investigadores crear un lightfoil que introduzca objetos pequeños hacia los lados.

Sarah Palin pasa RNC - El NoteSarah Palin no se está ejecutando ... para un puesto de trabajo por lo menos. Ella no parece ser un candidato para presidir el Comité Nacional Republicano. En la nota, escrito por Rick ABC News Klein, abarca la política, la Casa Blanca, el Congreso, los demócratas, ...

<b> Noticias </ b> - Justin Bieber Cancela televisión alemana concierto tras Stunt sale mal <b> ...</ b> La cantante adolescente restos de su actuación después de que un hombre está gravemente herido en la popular serie Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Matthew Latkiewicz works at Zendesk.com, customer support software. He writes for and edits Zengage, Zendesk’s blog about customer engagement. He also writes about wine for McSweeney’s and imagines stuff at his own website, youwillnotbelieve.us.

Just as early television shows were essentially radio plays shot on film, the earliest attempts by online marketers mimicked the worlds of television and print. While banner ads and pre-roll commercials are still with us, of course, a new generation of marketing professionals and companies are exploring techniques more native to the web: multi-platform marketing campaigns that encourage interactivity.

Marketers who take advantage of the class='blippr-nobr'>Internetclass="blippr-nobr">Internet’s unique capabilities have the potential to build increasingly engaged customer communities. Here’s a look at three major trends.

1. User-Generated Content Contests

Doritos hosted its first Crash the Superbowl campaign in 2007. Like a lot of big companies, Doritos bought a commercial slot for the Superbowl, but instead of hiring a production company to make a 30-second spot, Doritos turned to its consumers. “Grab your camera and create your Doritos commercial,” the company advertised. Anyone could create and submit a spot. These spots were put to a vote online, and the finalists received $10,000 and the winning spot ran in the very expensive Superbowl slot.

More than 1,000 people submitted videos, and Doritos generated a lot of attention for the campaign, ranking high in a number of surveys that tracked buzz and impact of the Super Bowl commercials.

These kinds of campaigns are very popular on the Internet at the moment and they range in scale. SolidWorks, makers of computer-aided design (CAD) software, worked with the design firm Small Army to build a campaign that involved its very active community. Christine Washburn, VP of marketing at SolidWorks, says, “We wanted to do something that would involve them and be very visible for new potential members of the community.”

Small Army came up with Let’s Go Design, an interactive web series. Users submit design ideas in response to challenges proposed by the show. Ideas are voted on and ultimately incorporated.

What works: Activity and participation around the brand.

If users get involved, they can win. And the voting structure generates even more activity. Washburn reports that SolidWorks’ “web traffic is up by a factor of four in comparison to previous campaigns.”

When this doesn’t work: Your brand doesn’t carry either the same kind of mass appeal as Doritos or the committed fandom of SolidWorks.

Branding consultant Lisa Merriam wrote a case study of a failed contest campaign by a company called Levia. It tried a campaign similar to Doritos, asking consumers to submit a video about the healing power of light.

Doritos is a mega-brand millions and millions of passionate consumers. And Levia®? You probably never heard of it. Levia® is a device that uses light to treat psoriasis. The set of people who suffer from psoriasis and who have heard of Levia® and who have the technical know-how to produce video and who care enough to come up with winning concepts about light’s power to heal is an infinitesimally small set of people — certainly not a crowd./>

2. Making a Consumer Community

Marketers have jumped on the relatively recent explosion of online communities. If customers have the ability to talk to one another, why not create an incentive and a space for them to talk about your brand?

One way to accomplish this is to offer customers something they might actually do in real life. Marketing agency Movement Strategy, for instance, recently created an online forum for two of its NBA clients, the Denver Nuggets and the New York Knicks. The site — NuggetsVsKnicks.com — operated during an actual game between the Nuggets and the Knicks, giving the fans a place to cheer on their team (and trash talk the other). By integrating with Facebookclass="blippr-nobr">Facebook — users cheered by “Liking” their team — Movement Strategy was able to give a real-world analog to the digital interaction.

What works: Campaigns that encourage community among their customer base can really help to build loyalty.

When this doesn’t work: When the campaigns are lazy.

It’s not fair to say that most company Facebook Pages don’t work, but often the conversations there offer a relatively low level of engagement. Contests, questions and announcements all encourage participation from the customer, but not necessarily participation with each other.

A lot of brands use Twitterclass="blippr-nobr">Twitter contests in a similar way. A few years ago Squarespaceclass="blippr-nobr">SquareSpace, for instance, gave away an iPhoneclass="blippr-nobr">iPhone a day to anyone who mentioned Squarespace in a tweet. While this kind of activity can generate a lot of buzz, the actual customer engagement in the brand is low — the equivalent of dropping your business card in a fishbowl.

Even worse is when Facebook and other social network integration is used as a gimmick. Last March, Absolut sponsored a short film by Spike Jonze, the director of Being John Malkovich. The film, titled I’m Here, was designed to be shown on the web. Before watching, the viewer is first walked through an invitation process using Facebook Connect. The friends you invite are cleverly integrated into an introductory cut scene, during which, you “enter” the theater to watch the film. Their photos appear on the VIP passes of other people in the theater. The whole thing works to give you a sense that you are watching this film with people who you know.

Except in this case, the experience stops there. As soon as the film starts, the connection to your community ends. The introduction has nothing to do with the film itself and instead feels tacked on and gimmicky. Absolut hinted at what could be done but didn’t actually do it.

3. Choose Your Own Adventure

Perhaps the most exciting development in multi-platform interactive campaigns is the ability of the customer base to participate in and affect the outcome of a story.

At Blogworld 2010, Ford announced an online marketing campaign to promote its new Focus. The campaign, called Focus Rally, pits six teams against each other in a reality-style adventure game where the viewers make the important calls for the participants.

“It’s a little bit like a choose your own adventure here, but the people at home were choosing the adventure for these players. It’s kind of cool how interactive the show is going to be,” says Focus Rally producer Neal Konstantini.

Specifically, the Focus Rally competitors must rely on the network capabilities of the car and their social networks to solve challenges. “f you’re in Albuquerque and you’re stuck and you run out of gas,” Konstantini explains, “you’re going to have to get on Facebook and tell your network, ‘I’m stuck. I need gas. Help me.’”

What works: When the web is integrated into both a compelling storyline and effective brand messaging.

When this doesn’t work: When you expect interaction to be what solely carries the campaign.

“It’s not enough to be interactive,” says Michal Ann Strahilevitz, associate professor of marketing at Golden Gate University. “It has to be truly compelling, engaging and persuasive to the target market. If you build it, they may or may not come.”

Choose your own adventure campaigns build off the Internet’s potential as a story-telling device. These kinds of campaigns “require the audience’s presence and participation in order to be complete,” says Mike Monello, co-founder and executive director of Campfire, an advertising agency in New York. Monello was one of the creators of The Blair Witch Project and used viral Internet distribution before there was a name for such a thing.

In a recent campaign that Campfire created for the Discovery Channel’s Shark Week programming, the team produced a series of videos about famous shark attacks throughout history. Like Absolut’s promotion of I’m Here, Campfire used Facebook Connect to personalize users’ experience of the site and videos. But whereas Absolut’s choice felt tacked on at the end, Campfire accessed users’ Facebook information to build a personalized shark attack for the visitor. It integrated personalization into the branding and the storytelling.

“Telling stories is one of mankind’s most enduring traditions,” Campfire explains on its website. “Our increased connectedness has only made spreading them faster, more pervasive, and more effective.”

More Business Resources from Mashable:

- 5 Ways to Sell Your Expertise Online/> - 4 Misconceptions About Marketing in Social Games/> - Small Biz Checklist: 5 Important Tasks for the End of the Year/> - HOW TO: Boost Holiday Sales With Commonly Overlooked Marketing Strategies/> - Why SMS Marketing Still Makes Sense for Small Business

Image courtesy of iStockphotoclass="blippr-nobr">iStockphoto, IvanWuPI

For more Business coverage:

    class="f-el">class="cov-twit">Follow Mashable Businessclass="s-el">class="cov-rss">Subscribe to the Business channelclass="f-el">class="cov-fb">Become a Fan on Facebookclass="s-el">class="cov-apple">Download our free apps for Android, iPhone and iPad








Top Stories of the Week




  • The iPad is Getting Its First Major Software Update: Here's What's New in iOS 4.2

  • RIP Ask.com: Web Search is Over at Ask

  • How to Use Blekko to Rock at Your Job

  • Learning JavaScript Visually with Diagrams

  • FarmVille is Still the Most Popular Facebook App - But #2 is a Surprise


More coverage and analysis from ReadWriteWeb






Download The Age of Exabytes: Tools & Approaches for Managing Big Data


We are experiencing a big data explosion, a result not only of increasing Internet usage by people around the world, but also the connection of billions of devices to the Internet. Eight years ago, for example, there were only around 5 exabytes of data online. Just two years ago, that amount of data passed over the Internet over the course of a single month. And recent estimates put monthly Internet data flow at around 21 exabytes of data.

Our latest report, The Age of Exabytes, explores how technologies are evolving to address the needs of managing big data, from innovations in storage at the chip and data center level, to the development of frameworks used for distributed computing, to the increasing demand for analytical tools that can glean insights from big data in near real-time. Download it for free now.





Location



  • The Battle for "Location," This Time with Real Armies

  • Magitti: The Future of Location Apps From PARC?


More Location coverage



Real-Time Web



  • The UN to Open Source Global Crises in Real-Time

  • Stop Texting Me and Download Kik Before It's Pulled from the App Store


More Real-Time Web coverage




Internet of Things



  • The (Near) Future of Medicine: Take Two Computers and IM Me in the Morning

  • Why Software is More Important Than Sensors in the Internet of Things


More Internet of Things coverage






Check Out The ReadWriteWeb iPhone App


As well as enabling you to read ReadWriteWeb while on the go or lying on the couch, we've made it easy to share ReadWriteWeb posts directly from your iPhone, on Twitter and Facebook using the official ReadWriteWeb iPhone app. You can also follow the RWW team on Twitter, directly from the app. We invite you to download it now from iTunes.





ReadWriteEnterprise


ReadWriteEnterprise is devoted to enterprise 2.0 and using social software inside organizations.



  • What Web Apps Are Employees Using at Work?

  • 3 Challenges for Enterprise 2.0 Now That It's Gone Mainstream

  • No More Hand Holding: Why Consultants Need to Build Apps



ReadWriteStart


ReadWriteStart, sponsored by Microsoft BizSpark, is a resource for startups and entrepreneurs.



  • Tips for Getting (Follow-Up) Press Coverage for Your Startup

  • Telling Startup Stories With Data




ReadWriteCloud


ReadWriteCloud, sponsored by VMware and Intel, is dedicated to Virtualization and Cloud Computing.



  • Google Voice Coming to Google Apps Subscribers (Updated)

  • How Google Views Cloud Security and the New Application Model

  • 5 Ways Google TV Will Disrupt Web Analytics



ReadWriteBiz


ReadWriteBiz is a resource and guide for small to medium businesses.



  • How Real-Time Analytics Can Help Small Businesses Thrive

  • Network Roulette: Chatroulette for Professional Networking

  • SMB Tech Roundup: Productivity Apps, Google Announcements and Calculating Marketing ROI



ReadWriteHack


ReadWriteHack is a resource and guide for developers.



  • Learning JavaScript Visually with Diagrams

  • Could Serverside Frameworks Become Irrelevant?

  • Kinect Drivers Hacked - What Will YOU Build with It?



ReadWriteMobile


ReadWriteMobile is dedicated to helping its community understand the strategic business and technical implications of developing mobile applications.




  • Twitter Plus iTunes Ping is a Non-Starter

  • New Service Brings Single Click Checkout to Android

  • Open Mobile Summit: 4 Ways to Monetize Apps



Enjoy your weekend everyone!



Subscribe to the Weekly Wrap-up


You can subscribe to the Weekly Wrap-up by RSS or by email below.



RWW Weekly Wrap-up Email Subscription form:















bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Light Can Generate Lift - Science <b>News</b>

Researchers create a lightfoil that can push small objects sideways.

Sarah Palin Passes On RNC - The Note

Sarah Palin isn't running…for one job at least. She doesn't appear to be a candidate to Chair the Republican National Committee. The Note, authored by ABC News' Rick Klein, covers politics, the White House, Congress, Democrats, ...

<b>News</b> - Justin Bieber Cancels German TV Gig After Stunt Goes Awry <b>...</b>

The teen singer scraps his performance after a man is severely injured on the popular series Wetten Dass.


bench craft company rip off

Matthew Latkiewicz works at Zendesk.com, customer support software. He writes for and edits Zengage, Zendesk’s blog about customer engagement. He also writes about wine for McSweeney’s and imagines stuff at his own website, youwillnotbelieve.us.

Just as early television shows were essentially radio plays shot on film, the earliest attempts by online marketers mimicked the worlds of television and print. While banner ads and pre-roll commercials are still with us, of course, a new generation of marketing professionals and companies are exploring techniques more native to the web: multi-platform marketing campaigns that encourage interactivity.

Marketers who take advantage of the class='blippr-nobr'>Internetclass="blippr-nobr">Internet’s unique capabilities have the potential to build increasingly engaged customer communities. Here’s a look at three major trends.

1. User-Generated Content Contests

Doritos hosted its first Crash the Superbowl campaign in 2007. Like a lot of big companies, Doritos bought a commercial slot for the Superbowl, but instead of hiring a production company to make a 30-second spot, Doritos turned to its consumers. “Grab your camera and create your Doritos commercial,” the company advertised. Anyone could create and submit a spot. These spots were put to a vote online, and the finalists received $10,000 and the winning spot ran in the very expensive Superbowl slot.

More than 1,000 people submitted videos, and Doritos generated a lot of attention for the campaign, ranking high in a number of surveys that tracked buzz and impact of the Super Bowl commercials.

These kinds of campaigns are very popular on the Internet at the moment and they range in scale. SolidWorks, makers of computer-aided design (CAD) software, worked with the design firm Small Army to build a campaign that involved its very active community. Christine Washburn, VP of marketing at SolidWorks, says, “We wanted to do something that would involve them and be very visible for new potential members of the community.”

Small Army came up with Let’s Go Design, an interactive web series. Users submit design ideas in response to challenges proposed by the show. Ideas are voted on and ultimately incorporated.

What works: Activity and participation around the brand.

If users get involved, they can win. And the voting structure generates even more activity. Washburn reports that SolidWorks’ “web traffic is up by a factor of four in comparison to previous campaigns.”

When this doesn’t work: Your brand doesn’t carry either the same kind of mass appeal as Doritos or the committed fandom of SolidWorks.

Branding consultant Lisa Merriam wrote a case study of a failed contest campaign by a company called Levia. It tried a campaign similar to Doritos, asking consumers to submit a video about the healing power of light.

Doritos is a mega-brand millions and millions of passionate consumers. And Levia®? You probably never heard of it. Levia® is a device that uses light to treat psoriasis. The set of people who suffer from psoriasis and who have heard of Levia® and who have the technical know-how to produce video and who care enough to come up with winning concepts about light’s power to heal is an infinitesimally small set of people — certainly not a crowd./>

2. Making a Consumer Community

Marketers have jumped on the relatively recent explosion of online communities. If customers have the ability to talk to one another, why not create an incentive and a space for them to talk about your brand?

One way to accomplish this is to offer customers something they might actually do in real life. Marketing agency Movement Strategy, for instance, recently created an online forum for two of its NBA clients, the Denver Nuggets and the New York Knicks. The site — NuggetsVsKnicks.com — operated during an actual game between the Nuggets and the Knicks, giving the fans a place to cheer on their team (and trash talk the other). By integrating with Facebookclass="blippr-nobr">Facebook — users cheered by “Liking” their team — Movement Strategy was able to give a real-world analog to the digital interaction.

What works: Campaigns that encourage community among their customer base can really help to build loyalty.

When this doesn’t work: When the campaigns are lazy.

It’s not fair to say that most company Facebook Pages don’t work, but often the conversations there offer a relatively low level of engagement. Contests, questions and announcements all encourage participation from the customer, but not necessarily participation with each other.

A lot of brands use Twitterclass="blippr-nobr">Twitter contests in a similar way. A few years ago Squarespaceclass="blippr-nobr">SquareSpace, for instance, gave away an iPhoneclass="blippr-nobr">iPhone a day to anyone who mentioned Squarespace in a tweet. While this kind of activity can generate a lot of buzz, the actual customer engagement in the brand is low — the equivalent of dropping your business card in a fishbowl.

Even worse is when Facebook and other social network integration is used as a gimmick. Last March, Absolut sponsored a short film by Spike Jonze, the director of Being John Malkovich. The film, titled I’m Here, was designed to be shown on the web. Before watching, the viewer is first walked through an invitation process using Facebook Connect. The friends you invite are cleverly integrated into an introductory cut scene, during which, you “enter” the theater to watch the film. Their photos appear on the VIP passes of other people in the theater. The whole thing works to give you a sense that you are watching this film with people who you know.

Except in this case, the experience stops there. As soon as the film starts, the connection to your community ends. The introduction has nothing to do with the film itself and instead feels tacked on and gimmicky. Absolut hinted at what could be done but didn’t actually do it.

3. Choose Your Own Adventure

Perhaps the most exciting development in multi-platform interactive campaigns is the ability of the customer base to participate in and affect the outcome of a story.

At Blogworld 2010, Ford announced an online marketing campaign to promote its new Focus. The campaign, called Focus Rally, pits six teams against each other in a reality-style adventure game where the viewers make the important calls for the participants.

“It’s a little bit like a choose your own adventure here, but the people at home were choosing the adventure for these players. It’s kind of cool how interactive the show is going to be,” says Focus Rally producer Neal Konstantini.

Specifically, the Focus Rally competitors must rely on the network capabilities of the car and their social networks to solve challenges. “f you’re in Albuquerque and you’re stuck and you run out of gas,” Konstantini explains, “you’re going to have to get on Facebook and tell your network, ‘I’m stuck. I need gas. Help me.’”

What works: When the web is integrated into both a compelling storyline and effective brand messaging.

When this doesn’t work: When you expect interaction to be what solely carries the campaign.

“It’s not enough to be interactive,” says Michal Ann Strahilevitz, associate professor of marketing at Golden Gate University. “It has to be truly compelling, engaging and persuasive to the target market. If you build it, they may or may not come.”

Choose your own adventure campaigns build off the Internet’s potential as a story-telling device. These kinds of campaigns “require the audience’s presence and participation in order to be complete,” says Mike Monello, co-founder and executive director of Campfire, an advertising agency in New York. Monello was one of the creators of The Blair Witch Project and used viral Internet distribution before there was a name for such a thing.

In a recent campaign that Campfire created for the Discovery Channel’s Shark Week programming, the team produced a series of videos about famous shark attacks throughout history. Like Absolut’s promotion of I’m Here, Campfire used Facebook Connect to personalize users’ experience of the site and videos. But whereas Absolut’s choice felt tacked on at the end, Campfire accessed users’ Facebook information to build a personalized shark attack for the visitor. It integrated personalization into the branding and the storytelling.

“Telling stories is one of mankind’s most enduring traditions,” Campfire explains on its website. “Our increased connectedness has only made spreading them faster, more pervasive, and more effective.”

More Business Resources from Mashable:

- 5 Ways to Sell Your Expertise Online/> - 4 Misconceptions About Marketing in Social Games/> - Small Biz Checklist: 5 Important Tasks for the End of the Year/> - HOW TO: Boost Holiday Sales With Commonly Overlooked Marketing Strategies/> - Why SMS Marketing Still Makes Sense for Small Business

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