• About
    • About
    • Why Credit Unions?
    • Meet Our Groovy Team
    • Contact Us
    • News & Events (via Facebook)
  • Home
  • SharediDiz
  • WebiDiz
  • GrowthiDiz
  • BrandiDiz

iDiz Incorporated

877.576.0602 or contact@idizinc.com
  • Question of the Week

    Your current boss is a peach of course. What was your worst boss like?

    View Results

    Loading ... Loading ...
  • Portable Edition

    Read Shared iDiz anywhere! We’ve put the best articles from two years of SharediDiz in this handy portable edition. Email us your name and address to get your free copy!

  • Looking for an Article?

« Marketing brilliance
Are CUs ready to compete for business? »
Matt Rohland
Whoops-a-daisies - March 2, 2010

We live in a world bursting at the seams with new web sites. Each of these sites offers to transform our lives in unimaginable ways but very few maintain any lasting power after the hype has subsided.

Bing promised to change our searching experience but we quickly found that all the National Geographic style photos in the world couldn’t salvage the search engine from its inability to find what we were looking for. In contrast, Google’s sparse interface and focus on usable results continues to excel.

Or what about MySpace? It remains mildly successful but still can’t figure out how its bounty of half-baked features struggles to keep up with the newer, leaner and more refined Facebook.

Then there’s Twitter which offers nothing new (other than a 140 character limit), but rode atop a tsunami of hype that would eventually erode our initial skepticism. Twitter’s problem was that once the hype had died down and the product was asked to stand on its limited usefulness, usage began to taper off. Oh, and Twitter has yet to come up with a way to make money, let alone turn a profit.

If anything can be gleaned from the tales above, it’s that even the titans of the web are still struggling to get things right. Their billion dollar buffooneries reinforce some nuggets of wisdom we often choose to ignore:

  • A million air fresheners can’t transform crap into a field of posies. If you’re not selling a good product, no amount of advertising will save you. (Bing)
  • Doing everything poorly is no substitute for doing fewer things exceedingly well. (MySpace vs Facebook)
  • Getting members is only half the battle. Develop a long-term sustainable plan for keeping them ahead of time – or you’ll be sorry! (Twitter)

It may seem that I’m being exceedingly hard on Bing, MySpace and Twitter. After all they’re relatively successful sites with some great potential when compared to the vast heaps of unsalvageable atrocities that pollute the web. Consider this an article targeted at those of you with potential – who ARE salvageable.

Tags: Branding, Business, Internet, Product Innovation, social networking, Web
| More
 

Comments post a comment »

  1. Jeffry Pilcher — March 3, 2010 @ 11:30 am

    With cash streaming in from investment bankers, Twitter doesn’t need to worry about turning a profit. Twitter could turn a profit in the snap of a finger if it wanted to.

    But then of course, it doesn’t want to…

RSS feed for comments on this post. TrackBack URL

Leave a comment

« Marketing brilliance
Are CUs ready to compete for business? »

Tag Cloud:

 

Advertising Branding Business Career community Competition Corporate CUs Creativity Credit cards CU Culture CU Philosophy Current Events Deposits Emotion Ethics guerilla marketing innovation Internet Legal Loans Marketing Media Buying Membership Niche marketing Overdraft Popular Culture Product Innovation social networking technology Web We Dare You