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Tuesday, July 31, 2012
Blog 6
I really enjoyed taking this class this summer. I learned a lot about the dot-com bubble, which I had heard before, but never really studied. Along with that I learned about the economy and our stock market. I alway had a basic understanding, but our response paper made me look farther and figure out what all the hype was about.
If I had to change anything in this class I would probably ask for more readings on some of the topics. Some of the time I had to do a little extra research, so if there was a convenient reading handed out as well that would be nice.
Overall I really enjoyed this class and felt as though it helped me understand what I want to do in media management better.
If I had to change anything in this class I would probably ask for more readings on some of the topics. Some of the time I had to do a little extra research, so if there was a convenient reading handed out as well that would be nice.
Overall I really enjoyed this class and felt as though it helped me understand what I want to do in media management better.
Friday, July 27, 2012
Response Paper
The dot-com bubble was one of the times in history where
technology and the Internet seemed most promising, so investing within all of
the newly founded companies was reasonable. The Globe was unfortunately one of
those companies who got swept up in the wrong way of doing business. They
followed the crowd of other companies who were not only new themselves but in a
brand new market that people had not really dealt with before. If The Globe were to go back and do things
differently they would probably be more financially savvy, but in the long run
it is probable that their fate would not change. If The Globe were to not go
public with their stocks until after a majority of the other companies, yes
they may have been behind and their stocks worth less, but they also may have
survived the bubble bursting.
I think that investors have learned their lesson from the
dot-com bubble. People are smarter with the way that they approach technology
in today’s time since things such as the Internet and mobile devices are not
brand new to us. We understand that new items are going to come along and old
items are going to evolve, so there is a different way to go about buying the
stocks and dealing with the impact these technologies leave on our economy. I
do not find it very probable that there will be another bubble with the
technology that we have available today. As businesses grow, there are newer
and more efficient ways to increase the stock without the risk of loosing it
all.
In the long run the dot-com bubble taught people how to
handle these new technologies, but I do not find that it was beneficial. The
companies that have survived, such as Amazon, are growing rapidly every day.
This burst was most likely good for them as new and growing companies, and what
they did differently than everyone else pushed them forward. This event was
only beneficial to some and destroyed others. People and business investing in
other Internet-based businesses fueled the equity market at that time because
having a business that was not just brick and mortar was a new concept. Just
like people who wait in line for days for the newest version of the iPhone,
investors were lining up to be a part of this new break in technology.
Due to our demands as a culture for things to be faster and
better than the previous model, it may be possible to experience another
bubble. Web companies are experiencing
more and more success rather than failures in today’s times, which gives room
for a bubble to form. The stock market
regulation had profits folding then, but people always think that they can fix
things a second time around. Even though I hope that we will not repeat our
mistake, it is probable that we will at least try. Also, companies are more
reliable today than they were in the 1990’s.
Some Internet-based companies that went down with the “pop” of the
bubble had illicit business technics to begin with.
As our technology develops so do the accessories that go
with it, which creates a whole new market. The applications designed for smart
phones have been around for a few years and created a successful market that
goes hand in hand with the phones that they are designed for. They have created
a bit of a bubble for themselves, but not one that it too restricting. Apple’s
success is evident and as we plummet forward into technological advances we are
constantly reminded of that. A successful company knows that investing in
applications for iPhone’s and Androids will bring in a large cash flow, but
developing will make even more. Take the men who created the application Words
With Friends for example. They created quite a profit for themselves, but it is
probably rare that they will have as much success with a future endeavor as
they had with their first games. Companies are popping up everywhere that are
designed to only develop games just for the iPhone/Android market. I feel as
though we will see a rising trend in big game companies such as EA and Nintendo,
starting to develop more and more games for smartphones.
There are very few people today who do not have a computer
or smartphone and it is rare to walk down the street without seeing a person
chatting on their iPhone or sending an email in a coffee shop from their
laptop. With wireless Internet and 3G for phones, I think that we are getting
into the clear of escaping the bubble. This kind of technology has become too imbedded
in our lifestyle to create a bubble effect. When have made it very common in
the stock markets and I do not expect to see it take a negative effect on our
economy any time soon.
Module 6 - Response Paper
The dot-com bubble was one of the times in history where
technology and the Internet seemed most promising, so investing within all of
the newly founded companies was reasonable. The Globe was unfortunately one of
those companies who got swept up in the wrong way of doing business. They
followed the crowd of other companies who were not only new themselves but in a
brand new market that people had not really dealt with before. If The Globe were to go back and do things
differently they would probably be more financially savvy, but in the long run
it is probable that their fate would not change. If The Globe were to not go
public with their stocks until after a majority of the other companies, yes
they may have been behind and their stocks worth less, but they also may have
survived the bubble bursting.
I think that investors have learned their lesson from the
dot-com bubble. People are smarter with the way that they approach technology
in today’s time since things such as the Internet and mobile devices are not
brand new to us. We understand that new items are going to come along and old
items are going to evolve, so there is a different way to go about buying the
stocks and dealing with the impact these technologies leave on our economy. I
do not find it very probable that there will be another bubble with the
technology that we have available today. As businesses grow, there are newer
and more efficient ways to increase the stock without the risk of loosing it
all.
In the long run the dot-com bubble taught people how to
handle these new technologies, but I do not find that it was beneficial. The
companies that have survived, such as Amazon, are growing rapidly every day.
This burst was most likely good for them as new and growing companies, and what
they did differently than everyone else pushed them forward. This event was
only beneficial to some and destroyed others. People and business investing in
other Internet-based businesses fueled the equity market at that time because
having a business that was not just brick and mortar was a new concept. Just
like people who wait in line for days for the newest version of the iPhone,
investors were lining up to be a part of this new break in technology.
Due to our demands as a culture for things to be faster and
better than the previous model, it may be possible to experience another
bubble. Web companies are experiencing
more and more success rather than failures in today’s times, which gives room
for a bubble to form. The stock market
regulation had profits folding then, but people always think that they can fix
things a second time around. Even though I hope that we will not repeat our
mistake, it is probable that we will at least try. Also, companies are more
reliable today than they were in the 1990’s.
Some Internet-based companies that went down with the “pop” of the
bubble had illicit business technics to begin with.
As our technology develops so do the accessories that go
with it, which creates a whole new market. The applications designed for smart
phones have been around for a few years and created a successful market that
goes hand in hand with the phones that they are designed for. They have created
a bit of a bubble for themselves, but not one that it too restricting. Apple’s
success is evident and as we plummet forward into technological advances we are
constantly reminded of that. A successful company knows that investing in
applications for iPhone’s and Androids will bring in a large cash flow, but
developing will make even more. Take the men who created the application Words
With Friends for example. They created quite a profit for themselves, but it is
probably rare that they will have as much success with a future endeavor as
they had with their first games. Companies are popping up everywhere that are
designed to only develop games just for the iPhone/Android market. I feel as
though we will see a rising trend in big game companies such as EA and Nintendo,
starting to develop more and more games for smartphones.
There are very few people today who do not have a computer
or smartphone and it is rare to walk down the street without seeing a person
chatting on their iPhone or sending an email in a coffee shop from their
laptop. With wireless Internet and 3G for phones, I think that we are getting
into the clear of escaping the bubble. This kind of technology has become too imbedded
in our lifestyle to create a bubble effect. When have made it very common in
the stock markets and I do not expect to see it take a negative effect on our
economy any time soon.
Module 6 - Response Paper
The dot-com bubble was one of the times in history where
technology and the Internet seemed most promising, so investing within all of
the newly founded companies was reasonable. The Globe was unfortunately one of
those companies who got swept up in the wrong way of doing business. They
followed the crowd of other companies who were not only new themselves but in a
brand new market that people had not really dealt with before. If The Globe were to go back and do things
differently they would probably be more financially savvy, but in the long run
it is probable that their fate would not change. If The Globe were to not go
public with their stocks until after a majority of the other companies, yes
they may have been behind and their stocks worth less, but they also may have
survived the bubble bursting.
I think that investors have learned their lesson from the
dot-com bubble. People are smarter with the way that they approach technology
in today’s time since things such as the Internet and mobile devices are not
brand new to us. We understand that new items are going to come along and old
items are going to evolve, so there is a different way to go about buying the
stocks and dealing with the impact these technologies leave on our economy. I
do not find it very probable that there will be another bubble with the
technology that we have available today. As businesses grow, there are newer
and more efficient ways to increase the stock without the risk of loosing it
all.
In the long run the dot-com bubble taught people how to
handle these new technologies, but I do not find that it was beneficial. The
companies that have survived, such as Amazon, are growing rapidly every day.
This burst was most likely good for them as new and growing companies, and what
they did differently than everyone else pushed them forward. This event was
only beneficial to some and destroyed others. People and business investing in
other Internet-based businesses fueled the equity market at that time because
having a business that was not just brick and mortar was a new concept. Just
like people who wait in line for days for the newest version of the iPhone,
investors were lining up to be a part of this new break in technology.
Due to our demands as a culture for things to be faster and
better than the previous model, it may be possible to experience another
bubble. Web companies are experiencing
more and more success rather than failures in today’s times, which gives room
for a bubble to form. The stock market
regulation had profits folding then, but people always think that they can fix
things a second time around. Even though I hope that we will not repeat our
mistake, it is probable that we will at least try. Also, companies are more
reliable today than they were in the 1990’s.
Some Internet-based companies that went down with the “pop” of the
bubble had illicit business technics to begin with.
As our technology develops so do the accessories that go
with it, which creates a whole new market. The applications designed for smart
phones have been around for a few years and created a successful market that
goes hand in hand with the phones that they are designed for. They have created
a bit of a bubble for themselves, but not one that it too restricting. Apple’s
success is evident and as we plummet forward into technological advances we are
constantly reminded of that. A successful company knows that investing in
applications for iPhone’s and Androids will bring in a large cash flow, but
developing will make even more. Take the men who created the application Words
With Friends for example. They created quite a profit for themselves, but it is
probably rare that they will have as much success with a future endeavor as
they had with their first games. Companies are popping up everywhere that are
designed to only develop games just for the iPhone/Android market. I feel as
though we will see a rising trend in big game companies such as EA and Nintendo,
starting to develop more and more games for smartphones.
There are very few people today who do not have a computer
or smartphone and it is rare to walk down the street without seeing a person
chatting on their iPhone or sending an email in a coffee shop from their
laptop. With wireless Internet and 3G for phones, I think that we are getting
into the clear of escaping the bubble. This kind of technology has become too imbedded
in our lifestyle to create a bubble effect. When have made it very common in
the stock markets and I do not expect to see it take a negative effect on our
economy any time soon.
Tuesday, July 17, 2012
Module 5
Personally I would open up a store online, that makes the most sense to me. When thinking about the financial aspect of having a brick and mortar store, sure it may pay off in the long run, but in the moment it is more financially reasonable to start online. I have seen many stores start online and then open up a physical store in a big city, and I have seen just as many small stores in big cities transfer to all online. When a store is online they can reach a wider market and can make a bigger profit. If the name is passed around through good word, it makes more sense. I think that eventually we will see more reputable online stores, but the brick and mortar stores have a while before they go out of style.
Friday, July 13, 2012
Module 4
To redesign my blog I would probably start off by making it more colorful and branding it. Any good blog needs a name that people are going to remember and that is going to grab a searchers interest. I may also give it a constant theme, if I were to continue on writing on it after this class. Every post would have a common subject or a link that supports that subject. My blog could also use visuals. Some images to support my ideas and what I am saying to more thoroughly get across what I am trying to say. I feel as though when you have to pay for something on the internet it seems a bit unsettling to a viewer, so the donation widget through Paypal I do not see as a good idea. Maybe a few carefully placed ads though so that I can create a revenue to help further improve the looks and reputation of my blog. Layout wise, the articles would have a large heading so people knew what they were about to read. They would also be laid out on the page in an easily read fashion so that you could skip over the articles that you have already read or are of no interest to you. I feel like these ideas would make my blog more marketable and attract more attention.
Friday, June 22, 2012
Module 2
I am using far too many social networking sites than I probably should. Overall I have an account to six different websites including Facebook, Twitter, and Tumblr, and now Blogger.com. I use all of these networking sites daily, and with help from my smartphone, use them multiple times a day, even when away from the computer. The site I use the most is actually Twitter. Though the most common is Facebook, I find it interesting that I can see what everyone is doing at different times on Twitter.
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