Posted on:November 25, 2010 at 07:00 PM

Vancouver Startup Workshop

Vancouver Startup Workshop

Vancouver Startup Workshop: Taking Internet to the Next Level

Overview

A workshop on startup marketing and online reputation featuring insights from @alextoul (marketing major) and @martiniyen from Hockey Community. The team of 5 people operates from Bootup Enterprises.

Learning Journey

  • 3 months of intensive learning about startups from the community
  • Attended 20 conferences
  • Met with 70 startups
  • Silicon Valley visits including:
    • Zappos
    • Google
    • Dropbox
    • Web 2.0 Expo
    • LeWeb Paris
    • TechCrunch Disrupt

Key Paradoxes

1. Psychology vs Technology

  • Focus on human interaction
  • Understanding web behavior
  • Recommended reading: “Predictably Irrational”

2. Reality vs Virtuality

  • Cloud computing revolution
  • Services: Amazon, Dropbox, Twitter
  • Community sharing economy
  • Resource optimization

3. Internet vs TV

  • Evolution of digital advertising
  • Google’s success with AdWords/AdSense ($3B revenue)
  • Future of web monetization

Two Major Layers

1. Social Layer

  • Website personalization
  • Community building
  • Facebook API integration (18-35 demographic)
  • Mobile advertising effectiveness
  • Privacy considerations
  • User education
  • The “Like” phenomenon
    • Social acceptance
    • Facebook’s positive reinforcement strategy

2. Gaming Layer

Six Game Dynamics

  1. Meet Specific Conditions

    • Example: Happy hour promotions
  2. Balanced Challenge

    • IKEA effect
    • User experience design
    • Apple’s intuitive design philosophy
  3. Rewards Systems

  4. Progress Tracking

  5. Short vs Long Term Goals

  6. Element of Uncertainty

    • Hidden features
    • Discovery satisfaction

Major Changes in Digital Landscape

1. The Long Tail

  • Distribution:
    • Fat head (18.5%)
    • Chunky middle (11.5%)
    • Long tail (70%)
  • Competition vs Conversion rate spectrum

2. Safe is Risky (Seth Godin)

  • Viral marketing principles
  • Innovation necessity

Twitter Strategy Guide

Platform Benefits

  • Premier marketing tool
  • Community management platform
  • Key metrics:
    • 20% traffic from Twitter
    • 60% contacts/partners via Twitter
    • 5,000 community members
    • 500,000 Twitter accounts in database

Best Practices

  1. Profile Optimization

    • Professional username
    • Complete bio
    • Location strategy
    • Following ratio
    • Visual branding
  2. Daily Engagement

    • 5 Retweets
    • 5 Replies
    • 5 Original tweets
    • 5 Questions
    • Time investment: 30-60 minutes daily
  3. Growth Tactics

    • Strategic following
    • List utilization
    • Trending topics engagement
    • Cross-platform promotion

Contact Information

For more information:

  • Email: Contact
  • Expertise: Rails Developer, Java

Action Items

  1. Review Twitter API documentation
  2. Target Vancouver AutoCAD and house design community
  3. Develop Twitter community management strategy
  4. Implement Facebook engagement features
  • Web 2.0 and mobile integration
  • Location-based services
  • Augmented reality
  • Foursquare and niche players