Posts Tagged ‘Widget Monetization’

Lijit Gets $7M more of funding, will open Ad Network

August 12th, 2008

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Amazing what the improving and consolidation of idea with potential can bring:

Lijit, the company that develops search applications for online publishers and publisher networks, has just closed a $7.1 million Series C round of financing, led by Foundry Group. Existing investors Boulder Ventures and Colorado Fund I, managed by High Country Venture, have also participated in this round. Lijit has now raised more than $10 million in total

And they plan to bring in the money rolling in to make up for the $10 million dollars in funding they now got by launching a Ad Network. something that sounds indeed interesting. i would still like a better implementation of the search. something like the Live Search Widget so it can load faster. but the ad network is interesting and i think it should work out now they got enough footprint in blogs.

LIJIT

Lijit Raises Another $7M; Plans Ad Network Launch via Mashable

A look into the Widget-App monetization craze in the Facebook Developers Conference.

July 29th, 2008

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A interesting article by Susan Kuchinskas in the craze of looking for Widget-App monetization in the Facebook Developers Platform. worth a read.

The Big Business of Tiny Widgets

Widgets are already a commodity, it is time for them to go further.

June 23rd, 2008

Widgets now finally got several forces pushing the way they must be managed now. there is a group of forces of interest behind them now and they have the form of Marketing, Advertising and Analytics.

Those are the things that aim to make monetization not only a reality. because that is something already archived. but to make monetization something common. be able to make widgets sustainable and generate as much revenue they can.

But now that everything of that is in place. lets forget about it.

How about mainstream acceptance?

That is even a issue now?. not at all i think that was the thing archived last year.if the surge of companies like slide and rockyou is not a mainstream acceptance of widgets. or the fact that now not having a widget for your service makes you look as unprepared.

if that are not powerful enough arguments that widgets have gone mainstream enough then we are wasting our time.

Lets move on.

How about ease of development’?

A point i think we will not only reach this year but even find ourselves in a glut of options.

Now you got lots of platforms and way to make widgets of all kinds and however you want them. now we got tools so evolved that you only need to drag and drop to build a widget or mash up services in order to make something in minutes if you want. something that just a year back would have taken you hrs or days.

Add API being something of an afterthought and we are in the right track.

We are getting there.next step.

What is left to do?

With the whole talk of widgets being the new website. something that would be a half truth,  half lie over optimistic approach to widgets. one has to wonder:  since when?.

We have not got there. that is not anywhere commonplace or  something you can point at one widget in particulal and say “that widget got it all”.

How do we get somewhere around that point?

We get to that point with not only Portable Experiences but Self Sufficient Portable Experiences

1.-Leveling Up

As i see more and more solutions for easy development i get to see widget companies wanting to make casual experiences. kinda like in video games where you got the Wii. offering up mindless yet socially fun games without substance. that is good. but that kind of experiences while they can get more people to try them out. their expiration rate is shorter and the engagement is of less quality over time.

We need more power to make more engaging widgets. but more importantly. we need it because otherwise you cannot with have Self Sufficient Portable Experiences.

it don`t matters if you choose to use Ajax, or JavaFx or Flex or Silverlight. it is time for things to go down that path.

2.-Self Sufficient Portable Experiences

when i talk about SSPE. i talk about widgets that don`t need to lead the user to the mothership. to take the user anywhere but the place where they found the widget. be a friend Blog sidebar, a friend social network profile or a Blog post just like this one.

I.-High Spread Sharing

The option to share the widget inside a widget became common at the start of 2007 when it only offered a generic embed code the user had to grab and then somehow apply wherever they wanted to put the widget. that was plain “Sharing”.

Later in 2007 you would find other options inside the widget like “JavaScript or Flash”. Later Social Networks  and Start pages reached their commodity status and it made sense to offer a way for the widget to be put in those social networks while making the process as frictionless as possible.

The use of “install links” became then common for Myspace and later other social networks, blogging platform and start pages. those options gave widgets “High Spread” to go viral, hence:

High Spread Sharing

With the coming of age of the mobile web and better widgets in the desktop as Vista Sidebar became the recognizable factor for widgets in the desktop. such form was also adopted by Yahoo Widget Engine and Google Desktop and now even Webtops. so i think the terms is suitable.

II.-Searchable

While not all widgets can use this. the most important ones and the ones we care about to reach higher level of engagement need it. be it a rss mini feed reader able to search feeds. a video game catalogue in a widget like Neoedge or Hulu allowing you to check out the Hulu  video library from the same widget. that can go further. for music, feeds and services. having the widget serve as the not only a face to your service but as a middle man for it is something needed.

Another reason is because it  expands the time a user will engage with the widget and gives the window of opportunity for a efficient monetization via advertising, promotional offerings or special sponsorships.

III.-Social Graph Enabled

Widget should not wait for the user to make up its mind and send a impersonal notification via e-mail. he should be able to have the same frictionless he has when using the High Spread Sharing panel in the widget. but how?. by allowing him to allow the widget to identify the user.

Once identified, the user can talk to others using the widget, send messages from the widget or allow the widget to send a notification written by the user in whatever method the user prefers: e-mail, microblog or instant messaging.

This is where the whole Inter connected relational information spheres theory enters. or as we call it now:

The Social Graph

This is of course the last stage  in engagement because it needs things like Data Portability, Authentification Protocols Transparency and Lifestreaming collide into something coherent that widget makers can get to use.

But it is part of what the whole Google Social Graph and Lifestreaming Aggregators API should get into play.

3.-Making Good Widgets

Finally. the Holy Grail. making some good widgets while still being able to give the Widgets more power and make them easier and more useful.

Yeah. no fair. i know. but hey. who said it was going to be easy?.

Anyway. that is where i think Widget should go as fast as possible. being able to see a widget with all those traits in 2008 would be great. at least that is what i think.

Clearspring forms strategic partnership with KickApps to increase advertising revenue

June 11th, 2008

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In a effort to speed monetization clearspring and kickapps have found a way to benefit each other goals by forming a strategic partnership. this strategic partnership includes an agreement on part of clearspring to promote kickapps new WYSIWYG widget studio, or for a lack of a better comparition kickapps is going to make their own internal Sprout like widget editor that will also can “socialize” the widget you create with kickapp social platform offering but kickapps will then in turn use clearspring new widget analytics offering and their distribution channels.

This will of course allow clearspring and kickaps advertising footprint and revenue faster than they would be able to do without it. and that is the whole point.

Since it would be redundant to rewrite what it has already being very well exposed by kickapps. i present you the relevant part of kickapps press release and will just comment after it:

Companies Collaborate on Advancing KickApps’ WidgeAD™ Format and Clearspring’s Widget Ad Network

New York and Mc Lean, VA, June 10, 2008KickApps, the leading on demand social media platform, and Clearspring Technologies Inc., the world’s largest widget syndication and tracking service, today announced a strategic partnership to further accelerate widget usage and monetization. Under the agreement, Clearspring will promote KickApps’ new WYSIWYG Widget Studio (currently in beta), a self-service widget-authoring environment to the Clearspring user base. This will enable Clearspring customers to easily build their own rich-media and interactive widgets with tremendous ease. KickApps will use Clearspring’s powerful distribution and tracking services to provide one-click distribution and in-depth analytics to anyone using the KickApps Platform.

With widgets becoming an integral part of every web publisher and marketer’s arsenal for driving audience growth, the industry is turning its focus to widgets as a platform for advertising. With over 24,000 publishers using KickApps to create and deploy widgets, including some of the world’s largest media & entertainment companies, the company recently launched an internal initiative around the development of WidgeADs™, KickApps’ new industry standard format for widget advertising. Using Clearspring’s WidgetMedia services, the companies will collaborate on delivering a powerful end-to-end widget advertising solution for publishers and marketers. Clearspring is the No. 1 widget platform in the U.S. tallying 47.5 million unique widget viewers in April 2008, according to comScore’s Widget Metrix report.

“Widgets have proven to be a very effective vehicle for distributing content and marketing messages in a highly viral manner,” said Alex Blum, CEO of KickApps. “As we’ve done with social networking, user-generated content and video players, we’re reducing the barriers to entry for publishers and Madison Ave to begin monetizing widgets using WidgeADs. Our partnership with Clearspring brings together the core pieces that will define this new market opportunity.”

Like next-generation banner ads, widgets are interactive Web applications that contain dynamically updated content, keeping them fresh and relevant to viewers, and driving traffic back to the publisher’s web site. Consumers can easily grab and post widgets that interest them to their own websites, social networking site, personal homepage, blog or desktop. Posted widgets retain their viral capability and can be shared time and again.

“Our vision is to deliver an end-to-end solution enabling marketers and publishers to reap the benefits of the emerging widget channel,” said Hooman Radfar, founder and CEO of Clearspring. “We have created innovative solutions for distribution, tracking, and monetization and we are well on the way to creating the Web’s most efficient widget ad network. In partnering with KickApps we deliver a one-stop shop for any publisher or marketer to create and distribute widgets.” 

Clearspring’s advertising solutions are fully integrated with the top ad-serving systems including DoubleClick and Mediaplex. Clearspring also offers a full set of analytics and reporting tools so advertisers can monitor activity as WidgeADs traverse the Web and can manage media placements in response to each widget’s viral performance.

This is a interesting partnership for both but i see clearspring as the most benefited in the long haul from this. however the details on how are they going to combine the advertising or how they are going to split revenue are not really clear. but kickapps interest is being able to gain more clients and also get their current clientele to jump into this too.

The other interesting factor is to see how widgets are the quickly turning into this new form of advertising-marketing. the representation of what both camps are now calling  the new Customer Engagement tools.

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kickapps

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