Monday, 12 January 2009

INTELECTOL for the Cold Call !

Although I use to read lots of blogs, I’ve never imagined myself writing one. Yes, we all will have to; I mean the Internet Marketing class.

Internet Marketing is a new elective course at London Business School by Prof Dan Goldstein, also new are the teaching tools and method. First of all, there is no course binder, but a book / no info in the school’s portal, but in the blogs / I wonder it hadn’t a final quiz too.. Nobody knows how it’s going to be or end, that’s why I consider myself a Guinea Pig in this course.

Ok, so lets get down to what I am planning to write in my blog. I’ve heard today in class that we will have to understand, and remember, all terminologies abbreviations, technologies and etc. Time for MEMORIZATION! For this reason I will mostly write about those terminologies so that you don’t need to get any INTELECTOL® tablets.

For Week 1 they are:

Virtuous Cycle for Net Growth
Web sites/content > Consumer and Business internet access > Popular fascination.. and back again

Re-check the Production, Selling and Brand Management concepts

GPT
General Purpose Technologies: Fundamental breakthroughs, causing numerous spin-offs and associated inventions

The three GPT
Digital Revolution, Networking and Individualization

DNI
Digital Network Individualization

Moore Law
The number of transistors that can be placed inexpensively on an integrated circuit has increased exponentially, doubling approximately every 18 months (applies to other contexts)

Digital Convergence
Merging of industries, technologies and content that used to be separated (ie. iPhone).

Steps in Digitizing Marketing
Archive > Substitute > Redesign

Surround Picture Technology IPX
Used to perform a 3D scan of something

IMDB
Internet Movie Database

CPC
Cost per Click

CPA
Cost per Action (corrected - thx to Davexpc)

ah, a video to kickstart Internet Marketing mindset....

Comments (14)

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Thanks for jotting down the terminology – I'll definitely look here when I need to start studying!
Great Blog to start the new program... The video is "dramatically interesting". It reminds me that "89.2% statistics are made on the spot". One more abbreviation to add IM - Internet Marketing..
Good Show
Interesting video. Now I really feel I can get rich thanks to the Internet Marketing course ;-))

Just a small correction: CPA is cost per action, not per Ad ;-)
1 reply · active 853 weeks ago
Right, or sometimes "cost per acquisition"
Sweet! Great idea to have a review of the key terms.
Somebody has to do the dirty job, thanks for it, dude!
this is awesome, hope you're planning to keep this going, or if u get tired we can all rotate! :-)
great job!
one thought: why not do it in a class wiki so that everyone who wants could contribute?
1 reply · active 853 weeks ago
because I will have to figure out something else to write in my blog :-)
Great idea. Will certainly have to check back when I'm studying for the quiz.
Great! Will certainly be checking this often :-)
2 things Dan asked in class and they are not on your blog:
edge storage - content that is close to you (on your drive, flash card, etc)
internet host - permanent internet address on the internet

They maybe obvious, but so is SPAM ;)
I would like to congratulate you in advance for having the most successful blog in the class!
Brilliant ! A good business idea I would say. Monetize it :-)

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