83% of ecommerce in India is from online travel sales

Online buyers in India will spend nearly five times more on travel than on retail purchases in 2012.

India’s ecommerce is rising quickly as consumers turn to the web for products and services, but more than 80% of the country’s online sales come from travel purchases. Online buyers in India spend nearly five times more on leisure and unmanaged business travel than they spend on retail purchases.

 

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Why online videos are the future of marketing

Online video will soon dominate your time spent on the web.

Chances are that in the past three years that you have watched an online video.  Almost every site on the internet that you visit has a video displayed in some form.  Video viewership has skyrocketed and there are no signs of it slowing down.

 

 

 

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49% of middle-class workers will be poor in retirement

retirement

To maintain living standards into old age we need roughly 20 times our annual income in financial wealth.

In 2010, 75 percent of Americans nearing retirement age had less than $30,000 in their retirement accounts. Downward mobility in retirement is a looming reality for both middle and higher-income workers. Forty-nine percent of middle-class workers will be poor or near poor in retirement, living on a food budget of about $5 a day.

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Freemium is coming to an end

hershey-rocher

Dropbox, Evernote and RememberTheMilk do not make a case for freemium.  And these three easily available examples do not make indisputable evidence against freemium. But these three quotes reflect a return to the roots of marketing — starting with customer needs, choosing the needs you want to serve and getting your fair share of the value created.

  • “We are now seeing the end of the freemium model — signing up users for free and trying to upsell,” said Christian Vanek, CEO of the Boulder-based SurveyGizmo, in a recent phone conversation.
  • “6.5 million unique users is not all that it’s cracked up to be. I don’t want hits. I want revenue. I want a real business,” said Matt Wensing, founder and CEO of Stormpulse, in an interview with Mixergy.
  • “Make a product people want to pay for,” said Marco Arment, founder of Instapaper, in a Planet Money interview.

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Peter Thiel’s Quest for Creating a Viable Global Currency

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Futurist Thomas Frey: In 2003 the DaVinci Institute produced a landmark event called “The Future of Money Summit” which took place at the Omni Hotel in Broomfield, CO. One of the featured speakers was Bernard Lietaer, chief architect of the Euro.

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Criticism against Instagram and what it says about the future of media

instagram

Most criticism toward Instagram borders on hatred.

Instagram is a simple service that lets people share their photos with others from a mobile device.  They get a lot of criticism, bordering on hate. And it’s not just because the tiny startup is being acquired by Facebook recently for $1 billion, which will make all of its employees exceedingly rich — it’s because some people seem to believe that the ease with which amateur photographers can post photos to the service, and the filters Instagram provides in order to add special effects to them, are ruining photography. This isn’t really that surprising: it’s the same kind of criticism that has been made about blogging, citizen journalism and Twitter, among other things — and in each case the critics have been somewhat right, but mostly wrong.

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Mobile phones will soon exceed the human population

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A World Bank report details the astounding growth of mobile since the year 2000.  Just 12 years ago there were less than a billion mobile subscriptions worldwide. Today, there are more than 6 billion and the count will “will soon exceed that of the human population,” according to the Bank (it is common in many countries for one person to own multiple SIM cards). Three-quarters of the world population now has access to a mobile phone.

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Work skills you will need to survive in the future

right brain left brain

As employees chart their route to the top of the “Conceptual Age”, it’s important to know the skills that companies are looking for.

IBM’s 2010 Global CEO Study cited “creativity” as the most important leadership quality for the future when “global knowledge” was once essential for leaders. This is one of many signals that the business world is evolving out of the “Information Age,” where left-brain technical skills, knowledge and expertise were king.

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Is Kickstarter a crowdfunding platform or just another form of entertainment?

crowdfunding

The fact that OUYA raised so much money so fast speaks more to our fantasies than the market reality.

OUYA is the latest Kickstarter darling. It is “a new kind of video game console” that connects to your HDTV like an XBox but allows anyone to publish games like the Android Marketplace. The company behind the device raised their $1 million target in eight hours, and have reached $5 million with more than three weeks left in their campaign. Proponents of Kickstarter’s populist commercialism see OUYA as an unmitigated success.

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If you don’t get enough sleep you can’t do your job

sleeping-on-the-job

The average American only gets between six and six and a half hours of sleep a night.

Tony Schwartz, president and CEO of The Energy Project and the author of Be Excellent at Anything met Kevin Crain, a Managing Director at Bank of America/Merrill Lynch, one morning at a conference and Kevin was feeling tired, as he did most days.

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