Category: Intentcasting

Live blogging #Smalldata NYC

I’m at SmallData NYC, hosted by Mozilla.  What I’m writing here is not a report on the event (which will be up on the Web for all to see, soon enough), but rather my own #VRM-based riffs on what the panelists (and later the audience) are saying.  The purpose of an event like this is to get people thinking and talking. So that’s what I’m doing here.

  • New word for me: deconvolve. I like it, but gotta look it up.
  • Actual and clear intent is more valuable than inferred intent.
  • Whatever happened to AskJeeves-type search?  Such as “I’m looking for Michael Jordan the AI expert, not the basketball player.”
  • Thought: Why does search have to be so effing complicated.
  • The Net has no business model. That’s why it supports an infinitude of business.
  • At the moment a common (if not prevailing) business model on the Web is surveillance-based personalized advertising. This is not the same thing as the Web itself. If protecting your privacy,  or “becoming an exile” from surveillance fails to support this business model, it does not break the model so much as provide feedback on what isn’t working — or what else might work better. And it certainly does not “break the Web.”
  • “The Industry” is an interesting term. (One of the panelists “speaks for the industry.” I think here it means “commercial players on the Web.” In Hollywood it means Hollywood. I don’t think we’re even close to that level of metonymic maturity.
  • “Small animal taxidermy is specifically an eBay problem.” I think I just heard that.
  • I like “giving a user recommendations that are out of the cone of relevance.”
  • Cone of Relevance is a good name for a band.
  • Netflix recommendations are at least partly (or largely) about developing a long-term relationship with the company. Keeping subscribers. “If you know Netflix knows you, you’ll stay.”
  • Battlestar Gallactica, by pure numbers, has high correlations with a children’s show for 3 year olds. Possibly because watchers of the show have little kids. “The math works,” but the manners don’t.
  • On break, I’m with @Deanland, who sez, “All they seem to care about is how to glean information from people for the benefit of the sell side, with no discussion or apparent thinking about what the user wants, feels, means or cares about. The data is on a one-way street from buyer to seller, but only for the benefit of the seller, not the benefit of the buyer. Saying ‘It’s about serving them better’ actually means ‘We can sell them better.’ There is also a sense that it is a given that The Machine, run by the seller, can get all this information, with no conscious involvement at all by the people yielding the information.” (Hoping Dean — and others — will bring this up after the break. We’ve only had presentations so far, not discussions yet.)
  • Also from the audience on break: “We need a personal data silo. For the person, the #smalldata holder — not the marketing machine.”
  • Wendy Davis of Mediapost (moderator) is challenging the apparent belief, by the panel,  that more information about individuals held by companies is better for individuals. (I think she’s saying.)
  • I’m a person. I want my to do my own damn personalization. Just saying.
  • David Sontag, panelist, says usage data with Internet Explorer all goes to Microsoft.
  • “People get much more upset with bad personalization than no personalization.” (Not sure I got that down right.)
  • Chris Maliwat, panelist: It’s sometimes hard to perceive a company’s intentionality.
  • All these companies are in the train business. We’re passengers, whether we like it or not. Meanwhile, what we need are cars: instruments of independence, agency and personal utility — for ourselves, following our own intentions. I believe Mozilla is the only major browser that can fill this role, because it’s on our side and not on these companies’ side. The other browsers are all instruments of their parent companies.
  • A reason people don’t get more creeped out by all this surveillance and personalization, is that there have not yet been clear, big, news-making harms. Once that happens, the game changes.
  • David Sontag: “I can ‘t get a credit card that won’t share my information with other companies.”
  • Wendy: “How do researchers get users’ true intent?” (e.g. her gender may be irrelevant to her search, but The System notes her gender anyway)
  • Chris: Personalization is not about perfection, but about providing a range of choices.
  • Wendy: “Do people actually know what they want?” My answer: yes. And the assumption that people mostly don’t know is a flaw in The System. So is the assumption that we are in the market to buy stuff all the time. If I want to know the height of Mt. Everest, that doesn’t mean I want to go there, or buy mountaineering gear, or anything commercial.
  • Pat, from the audience, on intelligibility of recommendations: Pandora has filters that are domain aware… But lack of domain makes it harder to make recommendations intelligible.
  • So far all of this is inside baseball. Except the game isn’t baseball. It’s building out the system in Minority Report. But instead of “pre-crime,” it’s all about what we might call “pre-sales.” It’s this scene here.
  • The panel conversation is currently (I think) about the user’s intent “being understood.” So I find myself channeling Walt Whitman: I know that I am august. I do not trouble my spirit to vindicate itself or be understood. I see that the elementary laws never apologize. Also, Do I contradict myself? Very well then. I contradict myself. I am large. I contain multitudes… The spotted hawk swoops by and accuses me. He complains of my gab and my loitering. I too am not a bit tamed. I too am untranslatable. I sound my barbaric yawp over the roofs of the world. I feel one of those yawps rising in me now.
  • A question from the back of the room for “opt in, rather than opt out.” (Of tracking and all that.)
  • Chris’s reply: “Google already exists.” The point is that Google and today’s Web giants are the environment. Deal with it.
  • Audience guy: There is an imbalance between their control and mine as an individual. Right.
  • Wendy: Targeting based on zip code isn’t especially personal. But what we’re talking about here is very personal. Doesn’t this raise issues?
  • Slobodan: Maybe the Net will become more like the insurance business. (Did I hear that right? Missed the point, though.)
  • Audience guy: What kinds of restraint exists now for users that don’t care about privacy at all — as with some young people.?
  • I stirred things up a bit at the end (my barbaric yawp, you might say), but it’s over now, so I’ll need to do my own wrapping later.

Currently 9:15pm, EDST.

Okay, next day, 5pm.

I had hoped that Dean, quoted above, would be called, but he wasn’t, so I raised my hand and said that what the panel had talked about up to that point was mostly inside baseball — a metaphor that at least Chris wasn’t clear on, because he asked me what I meant by it. What I meant was that all three of the panelists were inside The Industry. And what I tried then to do was get them to stand on the other side, the individual’s side, and look at what they do from that angle. When they asked what was being done on the individual’s side, I brought up VRM development, and volunteered Kenneth Lefkowitz of Emmett Global to speak as a VRM developer. Which he did.

So that was it, or as close as I’m going to get in a blog post. When the event goes up on the Web, I’ll add the links.

#TakeBackControl with #VRM

That’s a big part of what tonight’s Respect Network launch here in London is about. I’ll be speaking briefly tonight at the event and giving the opening keynote at the Immersion Day that will follow tomorrow. Here is a draft of what I’ll say tonight:

This launch is personal.

It’s about privacy.

It’s about control.

It’s about taking back what we lost when Industry won the Industrial Revolution.

It’s about fixing a marketplace that has been ruled by giant companies for a hundred and fifty years — even on the Internet, which was designed — literally — to support our independence, our autonomy, our freedom, our liberty, our agency in the world.

Mass marketing required subordinating the individual to the group, to treat human beings as templates, demographics, typicalities.

The promise of the Internet was to give each of us scale, reach and power.

But the commercial Internet was built on the old model. On the industrial model. What we have now is what the security guru Bruce Schneier calls a feudal system. We are serfs in the Kingdom of Google, the Duchy of Facebook, the Principality of Amazon.

Still, it’s early. The Internet as we know it today — with browsers, ISPs, search engines and social media — is just eighteen years old. In the history of business, and of civilization, this is nothing. We’ve barely started.

But the Internet does something new that nothing else in human history ever did, and we’re only beginning to wrap our heads around the possibilities: It puts everybody and everything at zero functional distance from everybody and everything else — and at costs that want to be zero as well.

This is profound and huge. The fact that we have the Net means we can zero-base new solutions that work for each of us, and not just for our feudal overlords.

Archimedes said “Give me a place to stand and I can move the world.”

That’s why we are here today. Respect Network has been working to give each of us a place to stand, to take back control: of our identities, our data, our lives, our relationships… of everything we do on the Net as free and independent human beings.

And what’s extra cool about this is that Respect Network isn’t just one company. It’s dozens of them, all standing behind the same promise, the same principles, the same commitment to build markets upward from you and me, and not just downward like eyes atop pyramids of control.

I’ll have a lot more to say about this tomorrow at Immersion Day, but for now I invite you to savor participating in a historic occasion.

I’m sure I’ll say something different, because I’ll speak extemporaneously and without the crutchware of slides. But I want to get this up  because I can’t print where I am at the moment, and it seems like a fun and useful thing to do in any case.

For more, see A New Data Deal, starting today, at my personal blog.

VRooMy developments

Youstice is a new VRM company focused on mediating disputes online. Says the home page, “We help customers and retailers resolve shopping issues quickly and effectively.” Here’s the customer side (shop with confidence). Here’s the retailer side (manage claims easily). And here’s the pitch to partners (“help retailers and customers globally reach resolution of thousands of complaints – all through one simple online application”).

Enable your customers to better engage and make them independent. Become a VRooMer! is a new blog post by Zbynek Loebl that nicely explains VRM and the context it provides for Youstice, which is in beta now. So check it out.

Fargo is the online outliner/publishing system brought to us by Dave Winer and friends. As a tool of independence and engagement, it has many VRM possibilities, methinks. I enjoy following it both in use (I often blog through it) and in the Fargo Blog.

Phil Windley‘s The Compuserve of Things speaks to a problem we all suffer but few of us examine: silo-ization. Phil starts by insightfully observing that Web 2.o, for all the progress it brought, did so at the expense of centralization around sites, services and data sources:

Each of these online service businesses sought to offer a complete soup-to-nuts experience and capitalized on their captive audiences in order to get businesses to pay for access. In fact, you don’t have to look very hard to see that much of what’s popular on the Internet today looks a lot like sophisticated versions of these online service businesses. Web 2.0 isn’t so much about the Web as it is about recreating the online business models of the 80′s and early 90′s. Maybe we should call it Online 2.0 instead.

To understand the difference, consider GMail vs. Facebook Messaging. Because GMail is really just a massive Web-client on top of Internet mail protocols like SMTP, IMAP, and POP, you can use your GMail account to send email to any account on any email system on the Internet. And, if you decide you don’t like GMail, you can switch to another email provider (at least if you have your own domain).

Facebook messaging, on the other hand, can only be used to talk to other Facebook users inside Facebook. Not only that, but I only get to use the clients that Facebook chooses for me. Facebook is going to make those choices based on what’s best for Facebook. And most Web 2.0 business models ensure that the interests of Web 2.0 companies are not necessarily aligned with those of their users. Decisions to be non-interoperable aren’t done out of ignorance, but on purpose. For example, WhatsApp uses an open protocol (XMPP), but chooses to be a silo.

He adds,

If we were really building the Internet of Things, with all that that term implies, there’d be open, decentralized, heterarchical systems at its core, just like the Internet itself. There aren’t. Sure, we’re using TCP/IP and HTTP, but we’re doing it in a way that is closed, centralized, and hierarchical with only a minimal nod to interoperability using APIs.

We need the Internet of Things to be the next step in the series that began with the general purpose PC and continued with the Internet and general purpose protocols—systems that support personal autonomy and choice. The coming Internet of Things envisions computing devices that will intermediate every aspect of our lives. I strongly believe that this will only provide the envisioned benefits or even be tolerable if we build an Internet of Things rather than a CompuServe of Things.

When we say the Internet is “open,” we’re using that as a key word for the three key concepts that underlie the Internet:

  1. Decentralization
  2. Heterarchy (what some call peer-to-peer connectivity)
  3. Interoperability

And concludes,

The only way we get an open Internet of Things is to build it. That means we have to do the hard work of figuring out the protocols—and business models—that support it. I’m heartened by developments like Bitcoin’s blockchain algorithm, the #indieweb movement,TelehashXDI DiscoveryMaidSafe, and others. And, of course, I’ve got my own work onKRLCloudOS, and Fuse. But there is still much to do.

We are at a crossroads, with a decision to make about what kind of future we want. We can build the world we want to live in or we can do what’s easy, and profitable, in the short run. The choice is ours.

This is strong and important stuff.

Here in browser-land (where I’m writing this), Firefox has released a major new upgrade: version 29.0. Here’s an explanation. Firefox matters for VRM purposes because it’s the browser that’s closest to ours alone, and therefore in the best position to become a VRM instrument. The team there has also recently made hires — on purpose — from within our VRM orbit, and this is hugely encouraging. Oh, and they just put out this very cool video.

Same goes for WordPress. Gideon Rosenblatt‘s Automattic for the People: WordPress as a Regenerative Business singles out WordPress for praise as a paradigmatic example. He defines a regenerative business as a people- (rather than a money- or mission-) centric. So, in this respect, it helps to note that the main stakeholders in WordPress, Mozilla and Fargo are the people who put it to use. They are driven by us. This is more important than them being -centric around us. (This distinction is unpacked here and here.)

Regenerative business reminds me a lot of Umair Haque’s concept of thick value. Need to look more deeply into that.

Last but not least, dig Casius, which matches homeowners with pre-screened and qualified contractors in several European countries, so far: intentcasting, of a sort.

Looking forward to seeing lots of you at IIW next week.

Prepping for #VRM Day and #IIW

The 16th IIW (Internet Identity Workshop) is coming up, Tuesday to Thursday, 7-9 May, will be tat the Computer History Museum in Mountain View, CA. As usual, VRM will be a main topic, with lots of developers and other interested folk participating. Also as usual, we will have a VRM planning day on the Monday preceding: 6 May, also at the CHM. So that’s four straight days during which we’ll get to present, whiteboard, discuss and move forward the many projects we’re working on. From the top of my head at the moment:

  • Personal Clouds, including —
    • The Internet of Me and My Things
    • QS (Quantified Self) and Self-Hacking
  • Fully personal wallets, rather than branded ones that work only with payment silos and their partners
  • Intentcasting — where customers advertise their purchase intentions in a secure, private and trusted way, outside of any vendor’s silo
  • Browser add-ons, extensions, related developments
  • Licensing issues
  • Sovereign and administrative identity approaches, including Persona, formerly BrowserID, from Mozilla
  • Legal issues, such as creating terms and policies that individuals assert
  • Tracking and ad blocking, and harmonizing methods and experiences
  • Health Care VRM
  • Devices, such as the freedom box
  • VRM inSovereign vs./+ Administrative identities
    • Real estate
    • Banking (including credit cards, payments, transactions)
    • Retail
  • Personal data pain points, e.g. filling out forms
  • Trust networks
  • Harnessing adtech science and methods for customers, rather than only for vendors

The morning will be devoted to VRM issues, while the afternoon will concentrate on personal clouds.

We still have eight tickets left here. There is no charge to attend.

In the next few days here on the blog we’ll be going over some of the topics above. Input welcome.

 

Intentcasting mojo

Nice piece on Intently.co and intentcasting in 7 Days. Titled Intently.co – the new website where the firms come to you…, it’s right up the VRM alley. An excerpt:

A global site or rather ‘intention engine’ called Intently.co is making it possible for suppliers who are listening to respond to buyers’ requests in the UAE and beyond.

Neil Harris, founder of Intently.co explained to 7DAYS that he could see the potential of his site pretty clearly – even if the inspiration did come while he was looking for an optician.

“I wanted an optician’s appointment and simply didn’t have the time or energy to wade through 101 opticians’ websites, so I dreamed up the idea of “broadcasting my request” to all of them and waiting for them to reply, eager to have my business,” he said. It’s a practice which has come to be known as ‘intentcasting’ – and in theory it should save you time and money.

“I wanted to be able to submit a request – or a ‘shout’ – for potential suppliers to react to while I was busy doing other things. Then, some time later, I could go back to that request and see how it was getting on,” Harris explained. So far, he said, around 80 per cent of requests worldwide get positive responses – and usually within the hour.

Some have asked all golf clubs in their area for membership prices and selected a new club based how responsive and helpful it was during the process.

Another user sent out a successful ‘shout’ for a surprise party. Such requests, though small on their own, are part of a growing trend which has been dubbed ‘the intention economy’ – and Harris believes it will have big consequences for current marketing and advertising models.

I added the link. Hope Neil and 7Days don’t mind. :-)

The best VRM post, ever

One of the most mind-blowing one-liners I ever heard tossed was this one:

“All the significant trends start with technologists.”

It was uttered by Marc Andreessen  during an interview I did with him for Linux Journal, in May 1998, for the August issue of the magazine, following up on Netscape’s open source release of Mozilla. The title of the piece was Betting on Darwin. It’s still up at that link, and an interesting piece of history.

That one-liner knocked me over because it is so obvious and true, yet easily overlooked. It is also exactly the reason I started ProjectVRM. I knew it needed technologists. Not just to develop code, but to fully understand  the challenges and opportunities that call technology forth into the world.

Lately one of those technologists has stepped forward and written the best VRM post I’ve ever read, including all of my own. It’s by T.Rob, in his blog The Odd is Silent. The title is Futurists Groundhog Day. An excerpt:

Why VRM?

VRM, or Vendor Relationship Management, is a new approach to conducting business in which the missing physical constraints have been replaced by technological and policy constraints that restore the balance of power between individuals and their vendors, and perhaps to some extent also their governments.

One of the issues is asymmetry in the cost of data collection.  Vendors spread the capital cost of data collection over a large population of customers.  Given enough time, the cost of data collection drops to near-zero or in some cases actually generates returns.  Consumers on the other hand have no such infrastructure.  You are co-owner of your transactional data but your grocer records each line item of your purchase in real time and you get a cryptic paper receipt which you have the option to transcribe into a database.  If you had a database.  And knew how to program.

VRM proposes to provide that platform so that individuals will have the means to capture more of their own data at a cost that is competitive with their vendors.  Indeed, the vision is that the vendors who already have that data will some day participate in the VRM ecosystem by sharing it with their customers, in real time and full resolution.  Instead of just a crappy paper receipt with unreadable abbreviated names, you’ll get the actual line items with UPC codes, prices and for some products possibly even the cradle-to-grave history and status.  You’d get your smart meter readings in real time so that you could program home automation behaviors based on load, utility rate, occupancy and so forth.  When you purchase online, the terms of the contract, price and all other metadata about the purchase would either be captured by you or delivered to you in real time by the vendor.

But VRM is about a lot more than just replacing today’s functionality.  Just as electric motors transcended the function occupied by stem engines, VRM enables entirely new capabilities.  Many are yet to be discovered but a key new capability is intentcasting.  This is a direct signal from the individual to the market about preferences, requirements and purchase intent.

Read the whole thing.

Bonus link.

VRM development work

I’ll be having a brown bag lunch today with a group of developers, talking about VRM and personal clouds, among other stuff that’s sure to come up. To make that easier, I’ve copied and pasted the current list from the VRM developers page of the ProjectVRM wiki. If you’d like to improve it in any way, please do — either on the wiki itself, or by letting us know what to change.

While there are entire categories that fit in the larger VRM circle — quantified self (QS) and personal health records (PHRs) are two that often come up — we’ve tried to confine this list to projects and companies that directly address the goals (as well as the principles) listed on the main page of the wiki.


Here is a partial list of VRM development efforts. (See About VRM). Some are organizations, some are commercial entities, some are standing open source code development efforts.

SOFTWARE and SERVICES
Intentcasting
AskForIt † – individual demand aggregation and advocacy
Body Shop Bids † – intentcasting for auto body work bids based on uploaded photos
Have to Have † – “A single destination to store and share everything you want online”
Intently † – Intentcasting “shouts” for services, in the U.K.
Innotribe Funding the Digital Asset Grid prototype, for secure and accountable Intentcasting infrastructure
OffersByMe † – intentcasting for local offers
Prizzm †- social CRM platform rewarding customers for telling businesses what they want, what they like, and what they have problems with
RedBeacon † – intentcasting locally for home services
Thumbtack † – service for finding trustworthy local service providers
Trovi intentcasting; matching searchers and vendors in Portland, OR and Chandler, AZ†
Übokia intentcasting†
Zaarly † intentcasting to community – local so far in SF and NYC
Browser Extensions
Abine † DNT+, deleteme, PrivacyWatch: privacy-protecting browser extentions
Collusion Firefox add-on for viewing third parties tracking your movements
Disconnect.me † browser extentions to stop unwanted tracking, control data sharing
Ghostery † browser extension for tracking the trackers
PrivacyScore † browser extensions and services to users and site builders for keeping track of trackers
Databases
InfoGrid - graph database for personal networking applications
ProjectDanube - open source software for identity and personal data services
Messaging Services and Brokers
Gliph †- private, secure identity management and messaging for smartphones
Insidr † – customer service Q&A site connecting to people who have worked in big companies and are willing to help when the company can’t or won’t
PingUp (was Getabl) †- chat utility for customers to engage with merchants the instant customers are looking for something
TrustFabric † – service for managing relationships with sellers
Personal Data and Relationship Management
Azigo.com † – personal data, personal agent
ComplainApp † – An iOS/Android app to “submit complaints to businesses instantly – and find people with similar complaints”
Connect.Me † – peer-to-peer reputation, personal agent
Geddup.com † – personal data and relationship management
Higgins - open source, personal data
The Locker Project - open source, personal data
Mydex †- personal data stores and other services
OneCub †- Le compte unique pour vos inscriptions en ligne (single account for online registration)
Paoga † – personal data, personal agent
Personal.com † – personal data storage, personal agent
Personal Clouds - personal cloud wiki
Privowny † – privacy company for protecting personal identities and for tracking use and abuse of those identities, building relationships
QIY † – independent infrastructure for managing personal data and relationships
Singly † – personal data storage and platform for development, with an API
Transaction Management
Dashlane † – simplified login and checkout
Trust-Based or -Providing Systems and Services
id3 - trust frameworks
Respect Network † – VRM personal cloud network based on OAuth, XDI, KRL, unhosted, and other open standards, open source, and open data initiatives. Respect Network is the parent of Connect.Me.
Trust.cc Personal social graph based fraud prevention, affiliated with Social Islands
SERVICE PROVIDERS OR PROJECTS BUILT ON VRM PRINCIPLES
First Retail Inc. † commodity infrastructure for bi-directional marketplaces to enable the Personal RFP
dotui.com † intelligent media solutions for retail and hospitality customers
Edentiti Customer driven verification of idenity
Real Estate Cafe † money-saving services for DIY homebuyers & FSBOs
Hover.com Customer-driven domain management†
Hypothes.is - open source, peer review
MyInfo.cl (Transitioning from VRM.cl) †
Neustar “Cooperation through trusted connections” †
NewGov.us - GRM
[1] † – Service for controlling one’s reputation online
Spotflux † malware, tracking, unwanted ad filtration through an encrypted tunnel
SwitchBook † – personal search
Tangled Web † – mobile, P2P & PDS
The Banyan Project- community news co-ops owned by reader/members
TiddlyWiki - a reusable non-linear personal Web notebook
Ting † – customer-driven mobile virtual network operator (MVNO – a cell phone company)
Tucows †
VirtualZero - Open food platform, supply chain transparency
INFRASTRUCTURE
Concepts
EmanciPay - dev project for customer-driven payment choices
GRM: Government Relationship Management - subcategory of VRM
ListenLog - personal data logging
Personal RFP - crowdsourcing, standards
R-button - UI elements for relationship members
Hardware
Freedom Box - personal server on free software and hardware
Precipitat, WebBox - new architecture for decentralizing the Web, little server
Standards, Frameworks, Code bases and Protocols
Datownia † – builds APIs from Excel spreadsheets held in Dropbox
Evented APIs - new standard for live web interactivity
KRL (Kinetic Rules Language) - personal event networks, personal rulesets, programming Live Web interactions
Kynetx † – personal event networks, personal rulesets
https://github.com/CSEMike/OneSwarm Oneswarm] – privacy protecting peer-to-peer data sharing
http://www.mozilla.org/en-US/persona/ Mozila Persona] – a privacy-protecting one-click email-based way to do single sign on at websites
TAS3.eu — Trusted Architecture for Securely Shared Services - R&D toward a trusted architecture and set of adaptive security services for individuals
Telehash - standards, personal data protocols
Tent - open decentralized protocol for personal autonomy and social networking
The Mine! Project - personal data, personal agent
UMA - standards
webfinger - personal Web discovery, finger over HTTP
XDI - OASIS semantic data interchange standard
PEOPLE
Analysts and Consultants
Ctrl-SHIFT † – analysts
Synergetics † – VRM for job markets
VRM Labs - Research
HealthURL - Medical
Consortia, Workgroups
Fing.org - VRM fostering organization
Information Sharing Workgroup at Kantara - legal agreements, trust frameworks
Pegasus - eID smart cards
Personal Data Ecosystem Consortium (PDEC) – industry collaborative
Meetups, Conferences, and Events
IIW: Internet Identity Workshop - yearly unconference in Mountain View
VRM Hub - meeting in LondonNOTES:
† Indicates companies. Others are organizations, development projects or both. Some development projects are affiliated with companies. (e.g. Telehash and The Locker Project with Singly, and KRL with Kynetx.)
A – creating standard
B – Using other standards
1 – EventedAPI

What if qualified leads were free?

In terms of economic signaling, think about which is worth more:

  1. A ready-to-sell-something message from an advertiser
  2. A ready-to-buy-something message from a customer

Of course it depends. A company can use an ad to signal many people at once, and to signal far more than a readiness to sell something. And now, with advanced analytics and Big Data, an ad can be personalized to a high degree: timed and targeted to reach a customer at exactly the right place and time. (Or that’s the idea, anyway.) Customers are also separate individuals. They may only be worth something to a company in aggregate. So we’re talking about lots of variables here.

But let’s look at a single vendor and a single customer for a moment, and say you’re the vendor. What would a ready-to-buy signal from a customer be worth to you? The answer today is called the qualified leads business. Search for that and you’ll get lots of results, most of which pitch you on paying for those leads.

But what if the leads were free, or close to that price? They are with intentcasting. (In Hunter becomes the prey, Scott Adams calls this “broadcast shopping.”) With intentcasting, customers advertise their wants and needs. For vendors, listening to the signals is free.

From the list of VRM development efforts on the ProjectVRM wiki, here’s the current list of intentcasting efforts:

AskForIt † – individual demand aggregation and advocacy
Body Shop Bids † – intentcasting for auto body work bids based on uploaded photos
Have to Have † – “A single destination to store and share everything you want online”
Intently † – Intentcasting “shouts” for services, in the U.K.
Innotribe Funding the Digital Asset Grid prototype, for secure and accountable Intentcasting infrastructure
OffersByMe † – intentcasting for local offers
Prizzm †- social CRM platform rewarding customers for telling businesses what they want, what they like, and what they have problems with
RedBeacon † – intentcasting locally for home services
Thumbtack † – service for finding trustworthy local service providers
Trovi intentcasting; matching searchers and vendors in Portland, OR and Chandler, AZ†
Übokia intentcasting†
Zaarly † intentcasting to community – local so far in SF and NYC

I’m sure it’s far from complete or up-to-date, but you can see some of what’s already going on. I guarantee that a lot more will be happening here in 2013 and beyond.

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