Wednesday, January 2, 2008

8 Yellow Brick Roads for Web 2008

My prediction for 2008 is that many startups will find a difficult time as economic woes broaden and the credit crisis continues into the new calendar year. This will tighten the market both in terms of available capital and increased pressure to perform/execute. As a result many will fail (which is healthy but some runways will be cut shorter than usual). That said, there will be some companies that soar who are working in the areas listed below. (Photo - courtesy of Ucamari - Flickr)

Personalization:
People want ways to save time consuming content/news/blog posts. 2007 was the official year of information overload as inefficient systems like RSS became overrun. Bloggers, rss readers, blog networks, search engines and other content aggregators/publishers will focus on providing their users with a better experience that revolves around personalization and discovery of relevant content.

Web Clouds Merging:
The current trend of widgets, api's and breaking down walled gardens will continue as information and data can be ported around the web and become increasing useful to the user. Users will grow increasing intolerant of populating walled gardens with data that cannot be optimized elsewhere.

Open Mobile - Voice Emerges:
The pressure on US carriers to loosen their grip and open up with device selection and on-deck apps will continue. Voice, one of the most underutilized technologies will continue its advancement and mainstream adoption. Companies like Nuance and TellMe (acquired by Microsoft in 07) will be in the news.

Autos Get Web2.0:
I think this is Detroit’s secret weapon to gain market share from overseas competitors. 2008 will see American automobile manufacturers and American technology firms join forces and bring some “cool” back into the front seat of American made cars. Applications in social media, search and mobile computing will make headlines.

Web Design More Important Than Ever:
Simple is not only better but a critical key to success. Design and user engagement will become more important as audiences are suffering from information overload and fragmentation. Avoiding featuritis, releasing often and responding to user comments on the fly will become necessary for startups to succeed.

Pressure on Ad Supported Models:
Everyone's planned ad supported revenue models will come under pressure to deliver. Developing the right demos and size of audiences will become increasing harder as the web continues to fragment toward niche groups.

Traditional Media Companies Gain Momentum:
Traditional media companies and newspapers will continue to post gains in digital revenue and begin to build their digital plans out further. They will benefit from a flight to quality in terms of ad dollars and user engagement.

Conversational Media Takes Hold:
This is from John Batelle’s 2008 predictions and one that I agree with. Even though he has to take this position because of FM, I agree that the value of targeted messaging in conversational media will become more widespread and accepted as a major marketing channel. However, those companies that cannot target effectively will experience surprisingly strong backlash from the conversational community.

2 comments:

Carlo said...

Good Job! :)

John LoGioco said...

Thanks Carlo. btw - I will do a recap post at the end of the year with specific examples of where my predictions may have been right or wrong. Also, I am moving off Blogger to www.johnlogioco.com. See you there.