What the blog?
September 26, 2008

“The issue is no longer distribution; rather, it’s relevance.”
Brad Feld
Managing Director
Foundry Group
I couldn’t of said it better myself; the publishing landscape has changed for ever, the democritization of information and the proliferation of tools to distribute this information is impacting society as we know it. traditional news media has responded with over 95% of the top 100 newspapers all have blogs.
Technorati, the online blog catelog, has just released its 2008 State of the Blogosphere which highlights trends and themes from the blogging public, definately worth a read.
Some interesting highlights about corporate/professional bloggers:
- There is a strong differentiation between a ‘corporate blogger’ and a blogger who writes about their industry. With only 12% identifying themselves as truly corporate, while 46% are ‘professional’ (this is what I identify myself as)
- Corporate bloggers are pretty homogeneous (Male-70%, in relationship-75%, college grad-74%)
- The blogs are not making much money, of those that advertise, the median annual revenue was between $200-$300… better hope that added brand exposure can be justified
The future of blogging
The article also asks senior analysts about their thoughts about blogging, and what lies ahead. I found an interesting comment from Jeremiah Owyang:
“The future of blogging will be an auto-synching of our lives directly to the web —often a quiet recording in the background”
I hope this comment was taken out of context, because I feel this 1984, Big Brother view of the future of blogging is kind of bleak. I find that blogs are most effective when they are not simple ‘reporting’ but add a human editorial view that sparks thought and conversation.
| 3.0 |
6 Online Travel Myths Revealed
September 18, 2008
The good people at PhoCusWright have just release some interesting trends and findings about Online Travel Bookings. These findings are contrary to common perceptions in the Industry, I was surprised thatthe “Next Gen’ traveller spends less then half of their travel spend online. Are people still going to travel agents?
Here is the article for further reading:
PhoCusWright Debunks Six Online Travel Myths
Myth #1: The number of online travel buyers in the U.S. is declining. In fact, that number is on the rise, as documented in the recently published The PhoCusWright Consumer Travel Trends Tenth Edition. In 2007, approximately 70% of online travelers (that is, adults who have taken a commercial air trip and stayed at a hotel for leisure in the past year, and used the Internet in the past 30 days) bought travel online, compared to 63% in 2006.
PhoCusWright dispelled this piece of misinformation—and debunked five additional online travel myths—at its first-ever Analyst Forum, held September 10 in New York City.
In addition to the misconception that online travel buyers are declining, The PhoCusWright Analyst Forum corrected these five other online travel myths:
- More and more online travel shoppers use supplier sites than online travel agencies. While this belief is widespread in the travel industry, it is simply untrue, according to PhoCusWright, the travel industry research firm. In terms of popularity, online travel agencies are making a comeback (source: The PhoCusWright Consumer Travel Trends Survey Tenth Edition or “CTTS10“).
- Travel agencies are experiencing a resurgence as travelers return to traditional purchasing channels. Not so. In reality, even many formerly exclusive offline buyers are migrating online for travel shopping and buying, according to CTTS10.
- The next generation of travelers prefers to do everything online. The truth is, less than half of what 18-28 year olds spend on travel is spent online, according to The NEXTgen Traveler™ report, jointly published by PhoCusWright and Ypartnership.
- Social networks and travel reviews have the greatest influence on travel decision-making. The NEXTgen Traveler™ report reveals that while social media is widespread, destination Web sites and online travel agencies are favored by nearly half of next generation travelers during the travel shopping process.
- Online travel markets need high credit card and Internet penetration to succeed. The structure and ambitions of the travel marketplace are even more important drivers than infrastructure. Case in point is India, one of the most dynamic online travel marketplaces today, where roughly 98% of the population does not use credit cards or have access to the Internet.
| 3.5 |

Phil


