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Lesson 1: "The Day The Geeks Took Over"

Over four digital epochs from 1994 to 2014, data availability and access changed shopping, computing power grew while devices got smaller, the growth of web analytics services was dramatic, and digital's impact was seen in investment in other channels. Geeks in marketing are becoming a disruptive force in a traditionally creative-driven discipline.

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0% found this document useful (0 votes)
157 views

Lesson 1: "The Day The Geeks Took Over"

Over four digital epochs from 1994 to 2014, data availability and access changed shopping, computing power grew while devices got smaller, the growth of web analytics services was dramatic, and digital's impact was seen in investment in other channels. Geeks in marketing are becoming a disruptive force in a traditionally creative-driven discipline.

Uploaded by

SANKET GANDHI
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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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.

Michael Fassnacht, President FCB Chicago (2006)


Four Digital Epochs Mark the Internet Age
October 1994: First banner ad
purchased for web by AT&T 2003: LinkedIn launches

1998: Google 2004: Facebook launches


opens first office
2006: Twitter launches
1999: Pets.com,
Flooz.com, 2007: Zynga launches
Kozmo.com, others
founded 2008: Groupon launches

1994 2014

2001: Pets.com, Flooz.com, 2011:


Kozmo.com go bankrupt
June - Twitter hits 200m
tweets per day

2000: AOL buys Time Warner in a


deal valued at $350 billion July - Facebook hits
750m users

2000: Internet bubble bursts, July - Zynga raises $1b


NASDAQ stock index plunges in IPO

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)

The Next Bubble, by Eric Janszen, Retrieved from http://harpers.org/archive/2008/02/the-next-bubble/4/


2006: Twitter
2003: LinkedIn launches launches
2004: Facebook launches 2008: Groupon launches

2007: Zynga launches

Digital Epoch III: The Seeds of Prosperity (2003-2010)

Mark Zuckerberg f8 Keynote, (CC) Brian Solis, www.briansolis.com and bub.blicio.us.


2011 (July):
Facebook hits
2011 (June): Twitter hits 750m users 2011 (July): Zynga
200m tweets per day raises $1b in IPO
Digital Epoch IV: The Age of Unicorns (2011-2015)

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

1998: Google 2004: Facebook launches


opens first office
2006: Twitter launches
1999: Pets.com,
Flooz.com, 2007: Zynga launches
Kozmo.com, others
founded 2008: Groupon launches

1994 2014

2001: Pets.com, Flooz.com, 2011:


Kozmo.com go bankrupt
June - Twitter hits 200m
tweets per day

2000: AOL buys Time Warner in a


deal valued at $350 billion July - Facebook hits
750m users

2000: Internet bubble bursts, July - Zynga raises $1b


NASDAQ stock index plunges in IPO

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

Source: Procter & Gamble, 2005


2005

By Luca Bruno / AP(2005), Retrieved from



http://chrisonderstall.com/2013/03/16/proof-the-world-is-changing/
2013

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

ZMOT Handbook, Ways to Win Shoppers at Zero Moment of Truth (2012),



Retrieved from https://ssl.gstatic.com/think/docs/2012-zmot-handbook_research-studies.pdf
Brinker’s snapshots show web analytics 

maturity from 2011

August 2011 September 2012 January 2014

~100 companies ~350 companies ~950 companies

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

• The “Age of Unicorns” frolicking in the land of billion-


dollar tech startups: 

http://fortune.com/2015/01/22/the-age-of-unicorns/

• A web analytics for marketers manifesto: 



http://www.kaushik.net/avinash/manifesto-web-marketers-
analysts/

• More on ZMOT: 

https://www.youtube.com/user/zeromomentoftruth/videos
References

1. SpringMetrics. 2014. “Four Digital Epochs mark the


Internet Age.” Retrieved from http://
www.springmetrics.com/

2. William Mercer McLeod. 1998. “1998 Larry Page and


Sergey Brin – Google Garage.” Retrieved from http://
archive.fortune.com/galleries/2012/news/companies/1203/
gallery.greatest-entrepreneurs.fortune/6.html

3. Kampas Research. “Visual Case Study A -- The 1994-2002


Dot.com Bubble.” Retrieved from http://
www.kampasresearch.com/Bubbles.html

References

4. Facebook. 2006. Retrieved from http://


commons.wikimedia.org/wiki/File:Facebook.svg

5. Brian Solis. 2008. “Mark Zuckerberg f8 Keynote.”


Retrieved from https://www.flickr.com/photos/briansolis/
2696190509/

6. Bfishadow. 2007. “Nasdaq Take 1.” Retrieved from https://


secure.flickr.com/photos/bfishadow/3100369536/

References

7. Amy Jeffries. 2009. “Determined shoppers.” https://


www.flickr.com/photos/67998313@N00/3488114119/in/
photolist-6jeuNB-bU9Zbe-9V93Zt-9V92EF-69GYmS-
nFFxkE-9VbEBN-9V936P-mqx9yH-99qCDg-mqx7Vx-jDHfXw-
mqx8J6-mqz1wL-hCfPrg-mqxbjM-3atq8S-jsNHnG-jsL3pg-nrZL4e-
jsMfdK-9VbEph-c5vgtY-c5vkiJ-9V8QbF-9V92ux-c5vdeW-7xms4f-
bcwHPn-9VbTMb-9yEuV1-9VbSnQ-8KTELZ-6yH8xd-
mqxeu4-4TZczj-mqz6hN-mqz5j5-
mqz3Xh-7wyebG-6Ys8XX-8Kv8vU-mqz71b-mqz4ys-mqxV1r-
mqz8vL-mqyXkW-2VPTcg-bvFxzL-5sUEWD

References

8. Google/Shopper Sciences, Zero Moment of Truth Study – Tech


(2011). Retrieved from https://www.thinkwithgoogle.com/research-
studies/zmot-consumer-electronics.html

9. Luca Bruno / AP. 2005. Retrieved from http://chrisonderstall.com/


2013/03/16/proof-the-world-is-changing/

10. Michael Sohn / AP. 2013. Retrieved from http://


photoblog.nbcnews.com/_news/2013/03/14/17312316-witnessing-
papal-history-changes-with-digital-age

References

11. Scott Brinker. 2011. “Marketing Technology Landscape


Supergraphic.” Retrieved from http://chiefmartec.com/2011/08/
marketing-technology-landscape-infographic/

12. ZMOT Handbook, Ways to Win Shoppers at Zero Moment of Truth


(2012), Retrieved from https://ssl.gstatic.com/think/docs/2012-
zmot-handbook_research-studies.pdf

13. Newspaper Association of American. 2012. Retrieved from http://


www.naa.org/

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