The Next Big Thing

What do Facebook posts, tweets, YouTube videos, saved searches, cloud-based email subject lines and all manner of other Participation Age activities have in common? People and data. And, you guessed it -- People and Data are the next big thing.

Data plus People leads to improvement. What if one of the YouTube videos about opening the iPad box led to the introduction of easier to open, reusable packaging? If you think the planet is too hot than you’d probably find this to be cool. The data is there to explore that.

Data plus People equals product development. If you’re fortunate enough to get customer interaction in the form of Facebook posts and tweets, you’re probably already talking to the people with the next product idea. If you’re Lenny’s Sub Shop it might be the next great-tasting high margin sandwich. The people are there for that.

Data plus People leads to invention. If you’re a car dealer who wishes he had an App that would allow users to import their Craig’s List “want to buy a Ford Mustang for $9500” ad and receive an alert about cars meeting that criteria when they drive past your lot…you’d sell more cars in less time. The data and people are there for that.

Perhaps you think this is all still just a little too much work but it’s being used now by the big guys and should be used by you. After all, the reason you see the ads you do when using Gmail is because they have analyzed your subject interest. The reason you see the ads you do on Facebook is because they have the psychographic data to begin targeting you.

Data plus people is the difference between survival and extinction. Your future success could very well hinge on whether or not you were responsive to the people who left data right at your door step one tweet or post at a time.