Lesson 1: "The Day The Geeks Took Over"
Lesson 1: "The Day The Geeks Took Over"
4
Digital Epochs
have occurred
Data availability
and access have
Computing power
has grown while
Growth of web Digital’s impact is
analytics services seen in investment
since 1994 changed shopping devices got smaller has been dramatic in other channels
“
Over the next few years Geeks in
Marketing will become one of the
most disruptive forces in a
discipline that traditionally was
”
driven by big creative personalities.
1994 2014
1999: Napster is
invented
Source: SpringMetrics.com
October 1994:
1999:
First banner ad purchased 1998:
Napster is invented
for web by AT&T Google opens
first office 1999:
Digital Epoch I:
Pets.com, Flooz.com,
Kozmo.com, others founded
When Anything Was Possible (1994-1999)
Page and Brin in 1999 in their Menlo Park, photo by William Hercer Moleod,
Retrieved from http://archive.fortune.com/galleries/2012/news/companies/1203/gallery.greatest-
entrepreneurs.fortune/6.html
Source: SpringMetrics.com
2000: AOL buys Time Warner
in a deal valued at $350 billion
2001: Pets.com, Flooz.com,
2000: Internet bubble bursts, Kozmo.com go bankrupt
Digital Epoch II:
NASDAQ stock index plunges
The Bubble and The Burst (2000-2002)
Nasdaq Take
Source: 1 by bfishadow is licensed under Creative Commons Attribution By 2.0
SpringMetrics.com
Four Digital Epochs Mark the Internet Age
October 1994: First banner ad
purchased for web by AT&T 2003: LinkedIn launches
1994 2014
1999: Napster is
invented
Source: SpringMetrics.com
Determined Shoppers by Amy Jeffries is licensed under a
Creative Commons Attribution 4.0 International License,
The 3-step
model of
marketing
By Michael Sohn / AP St. Peter's Basilica at the Vatican (2013), Retrieved from
http://photoblog.nbcnews.com/_news/2013/03/14/17312316-witnessing-papal-history-changes-with-digital-age
Google/Shopper Sciences, Zero Moment of Truth Study – Tech (2011),
Retrieved from https://www.thinkwithgoogle.com/research-studies/zmot-consumer-electronics.html
ZMOT in action is messy
Marketing Technology Landscape Supergraphic (2011, 2012, 2014), Retrieved from http://chiefmartec.com
US Print Newspaper Advertising Revenue
$Billions (Adjusted for Inflation) 1950-2011
$70
$60
$50
$40
$30
$20
$10
1950 1960 1970 1980 1990 2000 2010
Source: Newspaper Association of America, 2012
US Print Newspaper Advertising Revenue
$Billions (Adjusted for Inflation) 1950-2011
$70
$60
$50
$40
$30
$20
$10
1950 1960 1970 1980 1990 2000 2010
Source: Newspaper Association of America, 2012
LESSON 1:
“The Day the Geeks Took Over”
4
Digital Epochs
have occurred
Data availability
and access have
Computing power
has grown while
Growth of web Digital’s impact is
analytics services seen in investment
since 1994 changed shopping devices got smaller has been dramatic in other channels
Supplemental reading for this lesson
• A word from a Founding Father of web analytics:
http://marketinggeek.blogspot.com/2006/02/geeks-in-
marketing.html
• More on ZMOT:
https://www.youtube.com/user/zeromomentoftruth/videos
References
References
References
References
References