inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #51 of 60: Doc Searls (doc-searls) Mon 3 Sep 12 09:29
permalink #51 of 60: Doc Searls (doc-searls) Mon 3 Sep 12 09:29
Even with the big retailer conveniences of aggregation and intermediation, each is itself still a silo. And that remains a problem, because there are limits to what can be done by, and for, customers within a silo. We are now at a point, in the history of retailing, when the limits of vendor-side aggregation and intermediation have been reached, and when in fact they have been over-reached by some of those same companies, especially through the use of entrapping inconveniences such as loyalty cards, coupons, rewards and discounting. The frictions involved with those are gigantic. If you shop at Trader Joe's, you can witness the benefits to both a seller and a buyer of no entrapping gimmicks at all: good products, low prices, and absent marketing frictions. And customers love them for it. It's time to build out ways for each of us as individuals to have our own forms of aggregation and reach in standard, common ways across multiple retailers and services. That's the main thing VRM is for. (And it goes beyond UI.) To some degree we already have this with cash and credit. Cash is ours, when we have it, and it works with all vendors. A bank is essentially a fourth party one working for us rather than for the seller. (Ignoring for now all the ways banks have misbehaved since radical deregulation of securities manipulation by them.) To some degree so are Visa, Amex and MasterCard, even though they make more money on the sell side than the buy side (slicing off a small chunk of every transaction). But we could use more, and better, means. By definition VRM is something the individual has and does. It's not something "provided" to them by a seller. Obviously there are many good things sellers can do. But they can't do it all. And, now that we're reaching the limits of vendor-side build-out of buyer conveniences, VRM can more clearly be seen as a greenfield.
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #52 of 60: Jon Lebkowsky (jonl) Mon 3 Sep 12 12:17
permalink #52 of 60: Jon Lebkowsky (jonl) Mon 3 Sep 12 12:17
Big thanks to Doc for this enlightening discussion about vendor relationship management and _The Intention Economy_. Also thanks to everyone else who contributed. Reminder that you can find more information here: http://cyber.law.harvard.edu/projectvrm/Main_Page - also here: http://en.wikipedia.org/wiki/Intention_economy.
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #53 of 60: Ted Newcomb (tcn) Mon 3 Sep 12 13:34
permalink #53 of 60: Ted Newcomb (tcn) Mon 3 Sep 12 13:34
Thanks Doc, this has been enlightening. Kudos for all the various groups and sites you've put together. All the best with the coming book as well.
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #54 of 60: POOR TASTE IN KISS-WRITING (jswatz) Thu 8 Feb 24 09:40
permalink #54 of 60: POOR TASTE IN KISS-WRITING (jswatz) Thu 8 Feb 24 09:40
(I meant that in response to the question from <Tex> about whether news organizations are usuing TikTok.) Here's the NYT Tiktok channel, which I don't have access to because the University of Texas prohibits access under its interpretation of Texas law, which says a lot of what you might want to know about Texas law. <https://www.tiktok.com/@nytimes?lang=en>
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #55 of 60: John Coate (tex) Thu 8 Feb 24 10:16
permalink #55 of 60: John Coate (tex) Thu 8 Feb 24 10:16
Good on them for doing it. Back in the 90s, pre-twitter, I was on a panel at the US J School where I advised the students to study how to write ad copy because that is where the discipline of tight, clear writing gets done, and often done very well, despite the nature of the message. This was all before social media took over, but it was clear to me already that attention spans were shortening dramatically and communicating well already required tight writing. I had to study it to learn marketing (being hired as the WELL Marketing Director who knew very little about marketing skills) and it was quite beneficial, as was the influence of the Whole Earth style of reviewing things, which were always pithy but on point.
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #56 of 60: J Matisse Enzer (matisse) Thu 8 Feb 24 10:23
permalink #56 of 60: J Matisse Enzer (matisse) Thu 8 Feb 24 10:23
I always liked the Whole Earth approach of: "Write your review, then write a cover letter explaining WHY we should publish the review, then throw away the review and just send us the cover letter."
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #57 of 60: Andrew Alden (alden) Thu 8 Feb 24 11:49
permalink #57 of 60: Andrew Alden (alden) Thu 8 Feb 24 11:49
The last three responses belong in the other topic.
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #58 of 60: Inkwell Co-Host (jonl) Thu 8 Feb 24 13:12
permalink #58 of 60: Inkwell Co-Host (jonl) Thu 8 Feb 24 13:12
I was gonna say...
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #59 of 60: POOR TASTE IN KISS-WRITING (jswatz) Thu 8 Feb 24 16:46
permalink #59 of 60: POOR TASTE IN KISS-WRITING (jswatz) Thu 8 Feb 24 16:46
whoops. my apologies.
inkwell.vue.451
:
Doc Searls - The Intention Economy
permalink #60 of 60: J Matisse Enzer (matisse) Fri 9 Feb 24 16:33
permalink #60 of 60: J Matisse Enzer (matisse) Fri 9 Feb 24 16:33
mea whoopsie
Members: Enter the conference to participate. All posts made in this conference are world-readable.