Supply and Demand: Affiliate Summit and the Evolution of Industry Conferences

Affiliate Summit has been sold out for just a few days, and now passes are beginning to pop up on eBay and drawing higher and higher prices every day (now upwards of $2500)…

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This is good for affiliate marketing. It shows a healthy demand and a great product, in terms of both the conference and what affiliate marketing is able to produce.

Shawn and Missy have put together a show which everyone wants to visit and with the recent trade show hype over MacWorld and CES, people are beginning to realize the importance of these events. In my own opinion, I’d put Affiliate Summit above AdTech as a must attend show, and I don’t think that because there’s a banner over to your right —->

Even though it’s apples and oranges, I’ve always gotten much more “out of” Affiliate Summit than AdTech because of the niche focus. There’s something to be said about the impressiveness of the floor at AdTech, the people you meet and the list of speakers, but the Summit is quickly gathering enough steam to draw it’s own headliners who are appropriate to the niche of affiliate marketing.

Is the success of Affiliate Summit and the demand for tickets a sign (at least in online marketing) that conferences as we once knew them are slowly breaking down? In 10 years will all conferences be niche conferences? Think about CJU, SES, BarCamps or even (as much as I was appalled by the hubris of the name), the “Elite Retreat” (I feel dirty just for writing that).

At least Dave Taylor was right on this point… “The smaller the event, the more valuable It Is.”

Let’s make this interesting…I’ll donate a few dollars to the charity of choice for the person who comes closest to guessing the final amount of money an Affiliate Summit pass gets the week before the show.

Small is the new conference and it’s only going to get more micro.

Comments

I’ve disabled Akismet.

After too many frustrations and problems with false-positives, I’ve decided to use a mathematical algorithm plug-in to filter through spam comments and good comments.

So, try it out if you’d like.

You should see something like “Please add 9 and 8” with a box to fill in (the correct answer is 17, btw). This should help with quality comments getting held up in the spam box.

If the math problem doesn’t show up, you might need to log out of WordPress (go to www.wordpress.com and log out) and then comment, but that should be a rarity.

Let me know if you have any questions or feedback!

Apple iPhone Includes Widgets – Potential for Marketing?

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Mobile marketing will be huge in 2007.

Widgets will be huge in 2007.

iTunes will continue to be huge in 2007.

The iPhone will be huge in 2007.

Put it all together and you’re on to next-gen marketing.

The Apple iPhone is already legendary and has just been announced this morning. Expect this thing to fly off the shelves. With the popularity of the iPod firmly established, this device could be just as successful.

Interestingly enough, the iPhone will run OSX and use widgets.

Are you thinking what I’m thinking?

Marketing…widgets…iTunes…mobile…killer ap?

STOP Trying to Send People to Your Site

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Traffic makes online marketing work. Traffic really makes affiliate marketing work.

We all have paid for traffic and most of us have a firm idea of what sorts of traffic and how much of that traffic makes a site or program profitable.

But we’re all wrong.

Well, most of us are wrong. Let’s think about what “traffic” means in the particular context of online marketing. I think we’re missing out on current and future trends if we keep a static definition of traffic without pondering how we arrive at that definition.

When we start to think about what traffic means, some powerful things can start happening in our heads that we can easily translate into bottom line numbers.

Traffic should be easy to describe and picture in our minds. People go to a specific website hoping or interested in finding information or purchasing possibilities concerning a certain product, good, program or service. How can we think any differently than that about traffic?

Easy. It’s an eight lane superhighway with commuters on both sides… it is not a one lane golden brick road leading to the Oz of your website.

There is something to see behind the curtain, so if you’re stuck in the black and white worldview of throwing money at publishers and affiliates in order to receive “traffic” to you site, you’re going to realize that the man behind the curtain is not what he seems.

But no worries. You had the power to leave that worldview all along, Dorthy.

Let’s take traffic into technicolor and think about how to partner with affiliates and publishers in a way that allows traffic to flourish.

The blog A VC sums it up the best with this prophetic oracle…

Here is the future of media:

1 – Microchunk it – Reduce the content to its simplest form. Thanks Umair.
2 – Free it – Put it out there without walls around it or strings on it. Thanks Stewart.
3 – Syndicate it – Let anyone take it and run with it. Thanks Dave.
4 – Monetize it – Put the monetization and tracking systems into the microchunk. Thanks Feedburner.

wldmustard.jpgFor one, you have to give up trying to garden-wall your content. Content is a mustard seed that starts small but quickly matures into a seed bearing bush.

That bush is pretty, but it attracts unwanted guests like ravenous birds and insects who quickly take over your garden and start moving from the mustard bush to other plants that you’d like to protect.

But mustard bushes are hard to get rid of, so you end up spending more time trying to find a way to keep the birds and insects out of the garden than you do on the actual tending and care of the garden itself.

So what do you do?

Allow your content to be completely gleaned by the birds and insects? Put up a protective barrier around the mustard bush in order to keep the birds and insects away? Rip the mustard bush out of your garden and throw it away in order to protect your other flowers?

It’s a tough decision.

But if you have that mustard bush of content already in your garden, you’re hopefully not going to rip it from the ground to keep the predators away. So, wall off or embrace the predators?

Stop walling off.

Let the birds and insects come and pick your content and do with it what they will. Put devices in place so that other parts of your garden may be secure, but allow those with interest in the content you are providing to glean and consume as they like.

Why?

Because you are allowing for the consumption of your content (or product or service) to be determined by the consumer. Instead of trying to force feed interested individuals a certain amount or type of content, you’re allowing the interested individual to make their own decision about the type of content consumption they will make.

As Steve Rubel points out

Marketers must recognize that people increasingly will consume content in small bites, not large. Brands have an opportunity to introduce consumers to this content by creating platforms where people can aggregate the niche content they care about. In addition, they should move now to make sure existing online investments are ready to be chunked down so people can integrate it into other platforms.

It’s called microchunking. You’ll be hearing a good deal of that word in 2007, so get comfortable with it. Not only does this sort of content consumption enabling allow users to make their own decisions about the amount of content they want from you, it enables our illustration of an 8 lane super highway above to be created.

Micro-transactions have been an option since the turn of the century and were made famous in online marketing (and the movie business) by Brian Clark…

Sometimes, you want to charge just a little bit — such a small amount of money that traditional credit card processing services start to eat up the whole thing with fees. Enter micro transactions or micro-payments, an interesting option for people looking to sell digital content goods for between a dime and a few bucks.

Micro-transactions have caught on with many players in the online marketing world and are an acceptable way to offer payment in today’s market. Microchunking is also undergoing a similar path to adoption and will change the way we do business in online and affiliate marketing because getting people to visit a specific site will no longer be necessary.

Instead, smart merchants or producers looking for traffic will begin to recognize that by partnering with smart affiliates and publishers who are using microchunking techniques and allowing the content to be split up and made mashable, they gain much more in long term, quality and sustainable traffic.

It really isn’t that hard to do, and you can always get there by clicking your heels three times and saying “There’s no place like the feed reader… there’s no place like the feed reader… there’s no place like the feed reader…”

Try it. You’ll be surprised.

MyBlogLog Jumps the Shark

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Yahoo gobbles up MyBlogLog for over 10 million.

This is not good news for those of us who have readily enjoyed the service over the last 8 months because the incubation period of this project has not had long enough to develop unlike del.icio.us or Flickr. Even though MyBlogLog has been a darling of bloggers everywhere (including myself), I think this might be the jumping the shark moment.

Expect lots of attempts at user spam and an end to innocence. Don’t be surprised if I remove the widgets here soon as the amount of spam has already been increasing on a daily basis.

Congrats to the MyBlogLog team, but I hope the integration goes well (unlike some other Yahoo services).

Affiliate Marketing On the Periphery

Affiliate marketing has a unique position within the world of online marketing.

The greatest world changers, whether in terms of religion, science, sociology, anthropology, or any other discipline have always been those pushed to the edges and marginalized.

There are two main types of marginalization:
1. Marginalization that is assigned
2. Marginalization that is embraced.

Marginalization is not accidental. Marginalization is a willful act that tries to maintain the status quo or protects the interest of those that hold the power or the money and attempt to maintain a grip on power by pushing those who disagree or attempt to push reform by marginalizing the trouble makers.

In many ways, I see affiliate marketers as the trouble makers in the general scheme of online marketing. It is a slippery channel, full of individuals not willing to easily slide into one monetized or easily defined column. That is dangerous, that is revolutionary, and that is important.

Because a group, such as affiliate marketers, are marginalized doesn’t mean that they don’t have power. Rather, they have even more power through their own imaginations, efforts, stories, convictions and forums.

Being on the periphery, or margins, and being pushed out by the power hungry center enables the potential for radical possibilities. As affiliate marketers, we are able to see things from the edges that online marketers and those in the center of power online cannot see. We are able to spot trends, such as social media and tagging, that those insulated and buffered within cannot see.

So, let’s embrace our position on the periphery in affiliate marketing. If “traditional online marketers” want to push us out to the edges of the marketing world, let’s embrace our position and enjoy the worldview which this affords.

Second Life Goes Open Source – Affiliate Life Coming?

secondlife.jpgWow.

Now this is something to get excited about.

I’ve been a big fan of Second Life for a while in terms of its ramifications for studying sociology and metanarratives. However, it’s hard to translate such interests beyond just describing the coolness factor.

How to relate a platform such as Second Life to online marketing is not an easy task, especially when you are trying to convince the uninitiated. Sure, there’s already an audience of 2.5 million users there, but what does it mean for online marketing, and can you (or should you) really attempt to market to the users? I’d argue yes, but it takes a certain brand of marketing with a good handle of finesse and flexibility and a base knowledge of the pre-existing community.

Now, Linden Labs has announced it is opening up Second Life to coders and hackers everywhere (a la Firefox or Linux)…

Aiming to take advantage of its already-impressive momentum, San Francisco’s Linden Lab, developer of the Second Life virtual online world, will announce Monday that it is taking the first major step toward opening up its software for the contributions of any interested programmer.

The company will immediately release open source versions of its client software for Windows, Mac OS, and Linux. In order to enter and move around the Second Life service, users must download and run this software on their computer desktop. But now, says Linden CEO Philip Rosedale, independent programmers will be able to “modify it, fire it up and sign on with it.” The company gave Fortune exclusive access to executives in advance of the change.

This is just the step that was needed to make the platform more accessible, more friendly and potentially easier to grok in terms of how to do marketing on a platform such as this.

Of course, this will take some time to roll out, but expect quick and numerous alterations, split-offs and eventually different “flavors” of Second Life within the coming years (such as how there are different flavors of Linux from Ubuntu to Fedora to Red Hat).

The burning question is when will Wayne Porter and his band of merry men create Affiliate Life (deliberate bait since Wayne doesn’t like the term “affiliate”) for all of us to enjoy??

How the (SEO) Virus Spread

virus.gifHere’s the lineage of the infamous “5 Things Blog Meme” in terms of the SEO crowd. I had no idea I could be grouped with SEO’ers.

http://www.soloseo.com/blog-tag-tree.html

I’ve said the whole practice of SEO is almost meaningless in the current market and have been yelled at by a few, so I guess this is guilt by association!

Hasn’t blogging and blogging platforms such as WordPress, Typepad, Vox, Blogger LiveJournal and even MySpace done away with the need for professional SEO’ers? Forget affiliate marketing, Jeff… it’s SEO that needs a serious reconsideration and wake-up call. It seems the entire base of that profession is running off of four year old momentum.

If you do practice SEO, please convince me that it is not completely worthless.

Otherwise, I’ll go on following the data I have and producing good content… which seems to do more for Google or organic rank than any (needlessly expensive) attempt at manipulation of the system.