Mittwoch, 26. November 2008

Nabaztag - a talking rabbit as an interface



I just bought a new Nabaztag rabbit.
A friend of mine sent me a link to their homepage and I could not resist: http://www.nabaztag.com/de/m-3-.html (amazing how viral marketing works).

What made me curious was, how an object (in this case a rabbit) works as an interface.
You can give him a name and choose a voice, and he starts to talk to you. He reads news and feeds from internet sources, but can also signal that you received an E-Mail or SMS. He even plays your favorite radio station, if they stream it online.
Also, you can give him orders. If he learns your voice, you can ask him to tell you the weather forecast or to check stock prices.
You can also use him as an alarm clock and tell him, with what noise he should wake you up.

I will bring it to the office next week and let it read out all my incoming mail. Or I could connect it to our sales ticker to please us with a little melody, as soon as an item is sold.

I´m sure, that lots of applications will follow.


Sonntag, 23. November 2008

Book Review: web design for ROI


Web Design for ROI. Turning Browsers into Buyers & Prospects into Leads
by Lance Loveday & Sandra Niehaus, New Riders, Berkeley (2008)

This booklet covers a couple of interesting topics for product managers or owners of webshops and commercial sites.
The content includes claculation of ROI, conversion of visitors into new accounts or buyers, designing landing pages home pages, category pages, and checkout.

Especially for starters in that area it contains lots of useful detail. It helps to determine and focus on the goals of your site and to ask the right questions, like "Does this site offer, what I want?", "Does this look interesting enough to spend more time on it?", or "Do I trust this company?".

It helps to concentrate on your key metrics, like exit rate, conversion rate, click through rate, etc. and describes, how to calculate and analyze.

To improve the performance of your site, it gives a lot of best practice examples and relevant tipps, like how to introduce yourself, how to structure your site, how to name buttons, how to set up categories and item pages.

As I said, for starters and young professionals its a great guide and practical handbook. Even for more experienced PMs its useful to remind yourself about the basics. But most of the information is quite obvious. Its not getting too deep into very sophisticated area, like complex testing of different designs or flows, clustering and behavioral targeting of users or even web 2.0 elements and how they might help to improve stickyness and retention.
Nevertheless, it provides a rich list of further references and surf tipps for those, who would like to digg deeper.

The authors are internet marketing consultants.
You can get it at Amazon for 39,99 $.

Samstag, 15. November 2008

Interview Barb Chang, Group Product Manager, eBay Advertising USA

I interviewed Barb in April, when I visited eBay San José for a workshop on the AdCommerce project.


10. April 2008, San José, USA

Barb started at eBay in October 2005 as a Product Manager (PM) for Internet Marketing. Before that she was Product Manager at Amazon.com. She started her career at Amazon in accounting, became a financial analyst later, did business development which led her to product management. Now at eBay Barb cares for optimization of advertising performance from the product side and for new advertising solutions – together with me J

We met at the eBay Campus in San José. which was recently given its new name "Whitman Campus".

Hi Barb, what´s a product you really like to use?

I´m kind of a gadget girl and like everything that´s gadgety. So even if it’s an expected answer, I like the iphone a lot. Every week I´ll find a new use for it. It really makes my life easier. That´s what I like: it’s multifunctional AND makes life easier – you don´t have that in a lot of products. Also, it’s not over when you bought it. It gets new features every day, like the new GPS in combination with Google maps (works by triangulating cell phone tower signals). And you can add all that new stuff with just two clicks.

What makes a website a good product?

It´s quite similar for me. It must be easy to use and easy to find what you´re looking for but also have a good selection. I like www.netvibes.com as an example. It’s a modular portal, fully customizable to your needs and taste, you can include your Facebook news, eBay account, flickr pictures, gmail or even Fedex tracking. I already use it to summarize 10 things, which saves a lot of time. It’s super easy to set up and fun to use.

How did you become a PM?

It was not really a planned step. As a financial analyst at Amazon, I wanted to become more a part of the real business instead of just interpreting data. I wanted to make things happen, so I joined business development and then PM. A PM at Amazon is much different from eBay. At Amazon you are much more acting as a business owner and are responsible for a P&L, while at eBay you are more writing down requirements and working with developers. One of the first things I did at Amazon was to bring in all the inventory of Target, a large US retailer. It was when Amazon was mainly selling media and this large amount of Target´s inventory needed to be translated into Amazon catalogues and data structure. But it was also about giving Target sufficient visibility and smart merchandising on the Amazon site. It actually contributed largely to Amazon setting up more categories than media and broadening their supply.

A PM job is great if it’s holistic and you see the strategic impact. It´s bad if it’s too project-driven and just about rolling out feature after feature to the site without really knowing, who is going to use all this.

What PM project did you really enjoy? Why?

I really enjoy the collaboration in our latest product (which is secret J). We are now 4 different people in the PM team with different backgrounds, but very motivated, full of ideas and with open communication. That amount of collaboration is important for good product quality. Too often you don´t have real brainstorming and creativity while creating a product, or Product Managers specify products completely on their own, without feedback from related teams.

What does it need to be a good PM?

You need to be a jack of all trades, and an expert about everything: how the site works, what detail coders need, understand the direction of the business, design etc. Bad PMs are too focused on specific tasks, like the mere technical or user interface part and therefore lose creativity. Some colleagues here are overloaded with tiny little things on a heavily loaded roadmap and can spend little time focusing on the general goal. Let´s take the eBay search and finding projects, it;s tons of features and changes, but sometimes you feel like its not aligned to a general goal, like “how do I find the right item in 3 seconds”.

And a PM needs strong communication skills and understanding of others, as you collect requirements from various parties.

What makes life hard for a PM?

Sometimes it’s a thankless job. You have to be in every meeting, have to deal with too many stakeholders often, who have short or narrow focuses. At eBay you have no business responsibility, that´s why some PMs sometimes lose focus.

If not internet plattforms, what kind of products would you like to manage?

I always wanted to do personal financial planning. Most people don´t understand financial planning and don´t know how to manage their money, even guys with a degree. I´m not thinking about this in the traditional way, like interviewing people about their future wishes and appetite for financial risk. That’s basically sales stuff.

It´s more smart to do this in a way like www.mint.com. There you enter your entire financial details and it tells you, what you spend your money on, what you will have left and how that could become more, if you change some things (like changing insurance carriers, credit cards, phone providers etc.). I would like to create a similar tool, but also connect it with face-to-face interaction, make it less a sales pitch, but a financial consulting solution for everybody. Most people, who really could use financial planning would never go to a personal financial planner at a bank. But it´s so easy to spend a lot of money today, and people should better be aware of that and more goal-oriented while they spend it.

Thanks Barb!

Launch of adcenter at DaWanda

Just yesterday, we launched a new adcenter at DaWanda: http://de.dawanda.com/adcenter
It constists of two tools:

(1) Homepage tool: this enables sellers, to book an ads on the DaWanda homepage to promote their DaWanda shops. Its a fix format, they pay 15 EUR for a duration of 7 days.

(2) Logenplatz tool: this enables sellers, to book featured placements on top of the site for selected products. Its CPM based. So sellers can book packages of impressions from 2.000 - 50.000 so far. For each campaign, they can select up to 50 products they would like to promote.  The ads are delivered by an internal ad server, that matches the ads to relevant search or browse events. CPM is 2,50 EUR. If you book more than 5.000 impressions, you get a discount.

We underestimated the effort for these tool by far. Especially the ad server was a tricky thing, because the ad delivery is determined by a large number of factors: is the product still valid, did the seller change the category, is the campaign still on budget, is the ad paused by the seller etc.
While the GUI was proceeding quite fast, the adserver took us more than 12 developer days. Because we had only one developer with ad server skills, the GUI team had to wait almost two weeks, before they could finish their job.
Testing took us also longer than anticipated, because several bugs needed further tweaks on the ad server - which took some time.

In the sprint planning meeting we did not expect the ad server to be so sophisticated. So if you do any adserver development, plan carefully and add 50% more time.