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1 The Perfect Local Media Company in 2014: A Composite Sketch Sebastien Provencher Co-founder, Praized Media [email protected]

The Perfect Local Media Company Sebastien Provencher Lss 09 Presentation November 2009 Final

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Local Social Summit - Lab: What does the Perfect Local Media Company Look Like in 5 Years Time? The final session of the Summit is an interactive session where we put togther the ultimate specification for the killer local media company of the near future. Leader: Seb Provencher.

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Page 1: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

1

The Perfect Local Media Company in 2014:

A Composite Sketch

Sebastien ProvencherCo-founder, Praized Media

[email protected]

Page 2: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Social Media: 2004-2009

Maturity of the blogosphere

Arrival of social Yellow Pages (Yelp, Qype, TrustedPlaces, etc.)

Arrival of social news (Digg, Reddit, Mixx)Arrival of social news (Digg, Reddit, Mixx)

Explosion of social networking (MySpace, Linkedin, Facebook, etc.)

Growth of real-time media (Twitter, Friendfeed)

Page 3: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Can We Extrapolate Future Local Media Features?

Social Media Landscape

Page 4: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Activity Streams

Display internal and external activities, some automated, some human, in a reverse chronologicalorderorder

Aggregation of activities, content and reviews

Enabling interaction on the activity stream is important (like, comment, share)

Page 5: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Identity System & Social Graph

Leverage an existing social graph with a friend system (synchronous or asynchronous)

Page 6: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Status Updates & Real-Time Conversations

Enable status updates and conversations between users & merchants. Don’t forget conversation threading.

Page 7: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

User Content

A basic social building block: ratings, reviews, comments, blog posts, citizen journalism, etc.

Page 8: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Trends & Top Lists

Trending topics/filters/lists will be needed to organize content and cut through the noise

Page 9: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Geo-Localisation & Hyperlocal/Neighborhood

Automatic detection of location is fundamental, maybe to the neighborhood level but is there enough content

in smaller areas?

Page 10: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Questions & Answers

Internet users have a lot of questions and search engines don’t have all the answers.

Page 11: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Distributed Content, Features & Business Model (API, RSS)

The Web is fragmented. You need to deportalize your content and business model and integrate yourself

where local conversations are happening

Page 12: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

E-mail

Thought e-mail was gone? Think again. Useful to provide incentive to come back to your site.

Page 13: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Reward Systems

Human behaviours can be influenced by reward systems. "Reality is broken. Why aren't game designers trying to fix it?" - Jane McGonigal

Page 14: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Check-in

Checking in is now a required feature for

mobile local apps

Page 15: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Sharing and Short-form URLs

Sharing is a key social feature and a short-form URL isnow needed to share in Twitter

Page 16: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Community managers

Image source: http://www.pisitoenmadrid.com

Not exactly a feature but a requirement nonetheless. Humans are needed to manage your community.

Page 17: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Summary

Many interesting new social features

Did I forget any?

Does this create a compelling local media story?Does this create a compelling local media story?

Page 18: The Perfect Local Media Company   Sebastien Provencher   Lss 09 Presentation   November 2009   Final

Thank You!

Sebastien ProvencherCo-founder, Praized Media

[email protected]@praizedmedia.com

http://blogs.praized.com/seb

Twitter: @sebprovencher