Instant gratification, already fuelled by the web,
is undergoing an upgrade with the arrival of SEE-HEAR-BUY:
the capability to buy everything you see or hear, wherever
you are. What started with the unmatched variety on offer
in some web stores (allowing you to find and buy the niche-book
you just saw discussed on TV within seconds on Amazon),
slowly moved to truly integrated experience-and-buy services
like Yahoo’s ‘launch.com’, which lets
you instantly buy the music you’re listening to while
at home or in the office. You can see the lyrics on your
screen as well, should you feel the need to sing along.
Now, anticipating this growing expectation of being able
to buy anything you see or hear, companies are gearing up
to make everything for sale, online AND offline.
For example, Westin Hotels & Resorts sells the Heavenly
Bed that guests like so much (see Springwise's January
2003 newsletter for more details).
Or consider London-based Shazam (Springwise December
2002 newsletter): whose customers, when hearing a song
they like but don’t know the name of, can dial ‘2580’
on their mobile phone, point their handset to the music
source, and receive a text message (SMS) from Shazam with
the name of the artist and the track, including an instant
online purchasing option.
AsSeenIn.com, a now defunct dot-com, ran a website that
featured merchandise from favourite US TV shows, including
the dresses worn by Beverly Hills 90210 actresses. Launched
in 1999, they may have been 'too-early-adopters’,
but the SEE-HEAR-BUY
phenomenon suggests that similar business concepts will
soon do well, with a new breed of customers expecting EVERYTHING
they encounter to be for sale. >>
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SEPTEMBER 2003 | We
highlighted British 'Shazam' last December in our
other newsletter, Springwise
New Business Ideas, and pointed out the international
business opportunities. Quick recap: Shazam enables mobile
phone users, when hearing a song they like but don't know
the name of, to dial '2580' and point their phone to the
music source, then receiving a text message (SMS) with the
name of the artist and the track. Buying the track is facilitated
by partners such as Amazon.co.uk.
Well, since December 2002, they've received millions in
funding, closed deals with portals like MSN, attracted more
than 500,000 users in the UK, announced expansion into Germany
(together with Vodafone) and now are eyeing the Austrian,
Dutch and Italian markets. No word on the rest of the world
(though China could be in the works, source: Brand Republic),
so this is still an interesting arena for European, North-American,
Asian and South American telcos, as well as for potential
competitors for the Shazam concept. Regarding the latter:
more new SEE-HEAR-BUY business concepts in the upcoming
September issue of the Springwise
Newsletter, including some very clever barcode ideas!
Other trends & new business ideas related to
the SEE-HEAR-BUY
trend:
1. Ask
your mobile to name that tune (Shazam)
2. Billboards
are talking back (Hypertag)
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