Is London’s Tech City Investment Organisation Haunted

Facebook’s EMEA’s VP / MD Joanna Shields is off to head up London’s Tech City Investment Organisation, but one minute…is TCIO haunted?

Look below and you’ll see Ben Southworth seems etherial. Ben is the TCIO’s Deputy CEO and Head of Community and while I am sure he is there for the long haul, spookily enough his (Halloween flavored perhaps) image on the TCIO website is ghostly. Not to mention a slightly worrying The Omen style cross through his photo. Check it out yourself before it gets changed.   Trick or treat?

Value of Social Media to Luxury Brands

Which Luxury Brands are doing best in social platforms such as Facebook, Twitter & YouTube?

And what does online consumer behavior mean to Luxury Brands in terms of hard business outcomes?

The 2 attached PDF reports below, presented in Milan on September 17, 2012 by Fondazione AltaGamma (Italian Luxury Trade Body) and McKinsey Consulting give valuable insight to these questions, highlight market leaders and the outcomes of many senior level working groups on the value of digital to actual sales outcomes.

Altagamma Index 2012 The best performers in the digital world

Digital Luxury Experience 2012 From customer experience to impact

Source Credit: Fondazione AltaGamma http://www.altagamma.it/sezione2.php?Id=22&Lingua=ing where a wide range of other reports on the Luxury Sector can be found.

How Much Does an iPhone 5 Cost to Make ?

How Much Does an iPhone 5 Cost to Make ?

Apparently between $207 and $238 including components and direct labour but not including general business overheads, shipping, advertising etc.

According to a report by IHS iSuppli (Technology Component Benchmarking) the iPhone 5 is most profitable for Apple when you buy the 32Mb or 64Mb version. For the $10 difference of memory component costs between 16MB and 32MB the consumer pays an extra $100, and for the $31.20 difference between 16MB and 64BM the consumer pays a premium of $200 between the base costs of a 16MB iPhone 5 ($649) and the 64MB iPhone 5 ($849).

Apple gross margins of 49-58% on its U.S. iPhone sales between April 2010 & end March 2012 (23 to 32% on U.S. iPads)

(Margin Data Source: Reuters  http://www.reuters.com/article/2012/07/26/us-apple-margins-idUSBRE86P1NI20120726 )

See full report at: http://www.isuppli.com/Teardowns/News/pages/iPhone5-Carries-$199-BOM-Virtual-Teardown-Reveals.aspx

Amusing View on Scottish Independence

The Economist give an amusing insight into an Independent Scotland

The Economist – The Price of Scottish Independence

Facebook IPO Stock Price supported by huge underwriter buys

Will Facebook lose value from IPO price of $38 any time soon? Maybe.

The chart below shows huge underwriter stock buys at $38 which is helping to keep the floor at $38

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Credit: @Bourbon_Meyer via Business Insider

How is VAT charged across EU member states

Should you be very bored or have a penchant for the migration of assetts across borders, here is the EU Customs & Taxation Unions short guide of how to charge VAT across EU member states
http://ec.europa.eu/taxation_customs/taxation/vat/how_vat_works/vat_on_services/index_en.htm
Enjoy.

EU VAT Rates

European VAT Rates – EU VAT Rates

How much does VAT vary across Europe? Quite a lot actually.

Cyprus & Luxembourg have the lowest standard EU VAT rates at 15%

Norway, Denmark & Sweden charge a quite eye watering 25%, with plenty or countries charging 21-23%. Suddenly the UK’s current (hopefully temporary) emergency budget rate of 20% suddenly doesn’t seem so bad.

Switzerland has the lowest standard VAT rate of 8%  in the geography of Europe (but obviously outside EU)

For detailed rates of each country go to: VAT Rates for EU   or Swiss VAT Rates

Web Startups Goldman Sachs Rate as Early Stage IPO Candidates

What smaller web companies may be early stage IPO candidates?

On 29th & 30th November Goldman Sachs held it’s Private Internet Company Conferencein Las Vegas. The event was essentially a networker for around 40 companies they feel have a good chance of IPO and a guest list of various other influential characters. For an overview of the event go to TechCrunch coverage of A List Of Startups Goldman Sachs Thinks Will Most Likely IPO  . Below is a list of companies who were featured at the event.

Startups Goldman Sachs Thinks Will Most Likely IPO
Airbnb One Kings Lane
Beachmint Peixe Urbano
Beauchamp Polyvore
Birchbox Quantcast
Bluekai Quora
Badoo Rent The Runway
BOKU Rue la la
Box.net Rovio
BranchOut Shopkick
Cloudflare Specific Media
Coupons.com Survey Monkey
DropBox Square
Eventbrite TrialPay
Gogobot Trunk Club
Hipmunk Tumblr
Instagram Uber
Jawbone Warby Parker
Klout WePay
Narrative Science Xoom
Ness computing ZocDoc
Pinterest Zoosk

Top 20 Business Schools By Alumni Earnings

Using sorted FT.com data from their 2011 annual Business School Rankings the below 20 business schools have the highest average alumni  salaries. No surprise Stanford in the middle of Silicon Valley has seen significantly high alumni salaries, IIM’s second place seems curious, but perhaps as a result of IIM grads being cherry picked to lead India’s expansion.

Alumni
Income
Ranking
Current
FT MBA rank
School name Country Weighted
salary (US$)
1 4 Stanford University GSB U.S.A. 183260
2 11 Indian Institute of Management, Ahmedabad (IIMA) India 174440
3 1 University of Pennsylvania: Wharton U.S.A. 171551
4 3 Harvard Business School U.S.A. 170238
5 7 Columbia Business School U.S.A. 163407
6 9 MIT Sloan School of Management U.S.A. 158387
7 18 Dartmouth College: Tuck U.S.A. 155020
8 12 University of Chicago: Booth U.S.A 151373
9 8 IE Business School Spain 149584
10 4 Insead France / Singapore 147883
11 15 Yale School of Management U.S.A. 146959
12 14 IMD Switzerland 145846
13 1 London Business School U.K. 145776
14 25 University of California at Berkeley: Haas U.S.A. 144790
15 21 Northwestern University: Kellogg U.S.A. 143365
16 60 University of Cape Town GSB South Africa 140896
17 30 Cornell University: Johnson U.S.A. 140273
18 15 New York University: Stern U.S.A. 138865
19 31 UCLA: Anderson U.S.A. 137726
20 26 University of Cambridge: Judge U.K. 137199

Using Social Media to boost SEO Performance

In 2012/13 brands will increasingly require strong & frequent social media signals in order to gain & maintain high organic ranking.

Social Media is disintermediating search engines in some areas, forcing search engines to focus on enhancing the use of social media generated signals into their ranking algorithms in order to ensure optimal search results freshness & organic results relevancy, or have older, less relevant results than a social media platform.

Also, simply, isn’t a tinyurl link  sent to 1000 people maybe worth similar or more than an obscure link on a barely maintained blog? Of course this depends on relative ease of spamming and trust factor of the publishers.

Social media platforms are disintermediating search engines for fast-moving viral content, where minutes can be the difference between new and cool or “what….you haven’t you seen Fenton yet”?
Search is an intrinsically pull medium, where  social media is both pull and push.

You cannot effortlessly get a stream of data from a search engine and stay entertained, it needs query after query, click after click. Social media platforms can push endless streams of bite sized consciousness, like a frivolous Bloomberg ticker (unless you’re organising an armed uprising which is no laughing matter). Yet Social Media platforms are still responsive to a query, and whilst search on Twitter and Facebook is very basic, that will only grow in capability.

Why not merge the top 5 search engine results into the social media platform search results.

Ta da…no real need to leave Facebook during The Walking Dead, one search gets your mates ironic comments, a tweeted URL of Zombie Survival techniques and the top 5 search engine results for Zombie.

Twitter & Facebook, G+ allow you to run at the pace of the pack when watching live broadcast programmes & events on TV. A large % of the dual screen population who simultaneously watch TV whilst using a laptop and/or smart phone are using these social platforms much more heavily at TV time than they are using search engines.

And don’t forget that TV viewing is the no.1 way we spend our spare (online revenue generating) time….so if your online property gets disintermediated in this prime time, you have big problems.

Social platforms allow both the ability to communicate, a very human need, whilst simultaneously digesting data. Add to that, TV and print adverts are increasingly directing users to their Facebook page and bang….you’ve skipped the search engine. In this scenario the only online ad opportunity occurs on Facebook or Twitter (or Google+), as you’re no longer navigating as heavily via the search engine.

Imagine watching I’m A Celebrity Get me Out of Here.

Simultaneously researching the contestants via a search engine may yield some results for weeks, months or years old articles on the washed up celebrity du jour yet the same search on Facebook or Twitter, G+ etc will yield comment on what they did 30 seconds ago…and the ability to directly interact with that comment, plus graze on various links hand selected by friends.

Staff at certain search engines are very concerned about Social Media full stop and this TV & Second and Third Screen phenomena is a risk to monitor as it is yet another phenomena that is training people to search on social platforms.

Search Engines cannot be left behind, so maybe they’ve developed their own social platform!

But that’s not enough…search engines will need to have their SERP results as up to date as possible as well. This FORCES search engines to pay greater focus on social signals, fast-moving signals regardless of if they even wanted to. It’s that or be the slow kid, wearing last season’s trainers.

No search engine committed to organising the worlds organisation wants to have search session abandonment to Twitter, Facebook etc because the user couldn’t find the freshest content on their engine.

Therefore as search engines must ensure premium FRESHNESS of their results to protect & evolve their own business, it makes sense that certain aspects of social media are no longer complimentary to SEO, but simply are part of SEO. Also, as social media mentions etc become increasingly a mirror of society, it may be strange to so heavily weight organic search results on web links alone. Should a site with 1000 links but no word of mouth dicussion be in a high organic position?

Social Media doesn’t require SEO to thrive, though the skills that make a good SEO often make a good Social Media person.

In the medium term it’s arguable that the same level of effort spent on optimising social signals will yield greater benefits in SEO than traditional SEO methods alone.

I’m certainly not suggesting the phenomena discussed above will kill search engines, but simply force them to boost the ranking weights of social signals, signals we as marketers need to leverage in their own right as well as for SEO.

Essentially since Social Media signals will become an increasing weighted set of influence factors for organic ranking, every SEO manager will need to factor in how they are going to ensure they have constant strong and frequent social media signal supporting their SEO objectives.