We, being the fortunate ones, should encourage them at such times so that they never go the wrong way to earn bucks. A ONE RUPEE coin given with a smile can do wonders to uplift their spirits. That One Rupee is a message from our society to them that “you’re a respectable part of our society, and we want you to continue doing the good work”
Saturday, December 25, 2010
A Rs.5 Santa
We, being the fortunate ones, should encourage them at such times so that they never go the wrong way to earn bucks. A ONE RUPEE coin given with a smile can do wonders to uplift their spirits. That One Rupee is a message from our society to them that “you’re a respectable part of our society, and we want you to continue doing the good work”
Sunday, December 12, 2010
Facebook- Transition of a Noun to a Verb
Now what do you get out of this? Few years back we didn't have resources like these. We had Google but we used it to search info about companies- mostly. Google it! as we used to say it. And now we have a grand tool to search individuals, and not just search them but we may also get to know them.
"Facebook him/her" - this is a big thing for a Social Networking Site. It shows the sheer power it beholds behind its popularity. Facebook him and you will get the most up-to-date and probably genuine information about him. Facebook him- the transition of a noun to a verb is clear;y visible, isn't it?
The same thing is happening and will happen big time in case of companies. Many of you must have already "liked" a brand's fan page. In the process of getting more close to its target market companies are finding it essential to have a Social Media presence. In western countries many companies have already established a strong foothold in Social Media. Few years back people said "Google it" and now they say "Facebook it". SMO is taking over SEO or simply stating Facebook over Google. SEO would still be there but would be a small piece of the large pie.
What do you think? Let me know if you have ever experienced using Facebook as a verb rather than a noun.
Cheers,
Somesh
Friday, November 5, 2010
Diwali - Socialization at its best
Happy Diwali to and your family members.
Just thought of writing a small post to mark this occasion. Diwali as we all know is popularly known as festival of lights. People of Ayodhya first celebrated it on return of their king Ram after defeating Raavan. There are many aspects of Diwali, like, having sweets, lighting up diyas, triumph of good over evil, new clothes, and family and freinds. Yes, that's is the aspect because of which i thought of writing this post.- Family and Friends.
Diwali gives us more than one reason to come together and celebrate. We exchange greetings, sweets, wishes, burn crackers together, nowdays SMS friends (even with those with whom we had a talk last Diwali). Socialization is not a new trend, it dates long back. It's just that avenues like Facebook have given us a more constructive and larger scope. Today you "like" your friend's pic, few years back we did the same but only when we met them. You exchange comments on Facebook, share info.....all this we did even earlier on festivals like Diwali, thanks to Facebook now we can do it sitting at one place. But still, socializing on Diwali by meeting people in person, exchanging sweets, comments, saying" i LIKE your dress", "the sweets made by your mom are awesome", etc. has a charm of its own.
So go out there and "Like" somebody.
Wish you all a Very Happy Diwali.
Saturday, October 23, 2010
Social Media Maths
Sunday, August 22, 2010
SOCIAL SHOLAY - Google v/s Facebook
Social Sholay- Google v/s Facebook. I recollect Dharmendar, with all the worlds anger in his eyes, tightening his muscles and saying "Gabbar Singh....aa raha hu mai" (Gabbar Singh..I am coming to get you). He said that because Gabbar caused him lot of pain- killed his friend-Jai, abused his girl friend-Basanti, cut off Thakur's hands, and exploited Ramgarh for his advantage, AND Humiliated Veeru like anything. After all this, but obviously, anyone will then stand up and fight back to take revenge. I see....
Google - as Veeru (Dharmendar)
Google's American Market - Jai
Orkut - Basanti
Facebook - Gabbar Singh
Social Media - Ramgarh
Google Wave - Thakur
Google Buzz - Radha the widow (her existence doesn't matter)
Now let's watch the movie SOCIAL SHOLAY in a snapshot. ;)
As in above case Gabbar was hellbent on intentional damage, but I think Facebook's action was more of a Collateral Damage for Google. Facebook which was launched in Feb 2004 accelerated near 2008 in way as if Nitros were put on. Check out the figures I got from wikipedia.
Date | Users | Days later |
---|---|---|
August 26, 2008 | 100[24] | 1,665 |
April 8, 2009 | 200[25] | 225 |
September 15, 2009 | 300[26] | 160 |
February 5, 2010 | 400[27] | 143 |
July 21, 2010 | 500[5] | 166 |
— | 600 | 32 (ongoing) |
(Jai got killed). DISHUM 2
Adding to the humiliation was announcement of Google Wave's exit (Thakur's hands cut off)- a real time communication and collaboration web application. Google in its official blog announced that further developments on WAVE will stop by this year's end, it said WAVE didn't get the user adoption they had expected it to get. DISHUM 3. In my earlier post Google Wave's Last Breath I explained why Facebook might be one of the reasons of Waves exit.
Earlier i used the word Collateral Damage , I use it here again because as it can be observed Facebook's hits (punches i mean) were not intentional. But whatever may be the case Google's is not a company known for taking punches. Google, I think is proactive, forward thinking. Somewhere, it might have lost the track for a while but now the HOT NEWS around these days is that of GOOGLE ME- a Facebook rival- that is being made in Google's labs. The inception of GoogleME took place on twitter, and the extractor (if I have understood Inception movie correctly) was Digg Founder, Kevin Rose. Ever since then, media has been reporting something or the other about GoogleMe. Google CEO, Chairman of the Board, Eric Schmidt, in interview with The Wall Street Journal however denied clinically saying, "“The world doesn’t need a copy of the same thing.”
Jo darr gaya samjho marr gaya...
Sunday, August 8, 2010
Google Wave's Last Breath
Google Wave- R.I.P - Google on Aug 4th 2010 announced that further developments on WAVE will stop by this year's end. In it's official blog -http://googleblog.blogspot.com/- Urs Hölzle, Senior Vice President, Operations & Google Fellow was reported saying, "Wave has not seen the user adoption we would have liked". He also said that although Wave will no more be a standalone product but it's technology will be used in other projects of Google. To those of you who are still clueless about what I am talking and what exactly is Google Wave, I mean what it was, let me put it in simpler terms.
If you would like to experience Google WAVE, then click on the logo and open in a new window.
What you think why Wave failed, what could have saved it? Will it be back? Share your view with me, all are welcome.
Will tell it to you in my next post. Till then...
Monday, July 26, 2010
Social Media - A God’s gift
I wander everyday on search engines, SNS(social networking sites) and explore this beautiful thing known as Internet. I love SNS for many things- to mention one- I would say, I like the sheer power it carries. Yes, it is certainly very powerful. Why? because of the abundant information it possesses. That information can be easily transformed into a knowledge resource and as we know - Knowledge is a powerful weapon when utilized. Businesses investing in social media marketing will definitely agree with me on that. But apart from this attribute of ‘being powerful’ i also appreciate SM’s ability to unite people, to attract different individuals from varied backgrounds on a common stage and then giving them the freedom to express, share, and connect with people. This aspect of social media is definitely going to play an important role in years to come. People will leverage upon this benefit of social media much more than what they do now. Say for instance Pooja want’s to consult a skin care specialist in Mumbai, she then posts an update on Facebook asking her friends to refer a few, her friend raj in turn gives her the contact of rhea who recently got the treatment done, pooja then adds rhea as a friend and with her reference contacts the specialist thus availing some discount. This was just an assumption but let me give you my own experience of ‘connecting’ through SNS and getting free advice. Couple of months back I did a search on LinkedIn to see if there’s anyone who could provide me with some clarity on Internet Marketing. My interest was in knowing how Internet Marketing is as a career option and what all skill sets it calls for. After a couple of searches I came across Giacomo’s profile, Mr. Giacomo is Digital Strategy Director,McCann Worldgroup. He’s backed with years of experience in Sales&Marketing especially digital. I then simply sent a add request and a small message asking for some information on Internet Marketing. To my delight I got a reply within 2 days, he answered all my questions and also forwarded certain links which helped me understand the skill sets required. I was joyful not just because my questions got answered but because I got the advice from a person of such a high stature, and that too for FREE ;) . Such is the power of social media, it has made people so accessible, when was this possible before the Facebook era (i refer to this era as the facebook era). Even before the questions pops in your mind there’s an answer ready for it, a solution present for a problem.
That was about how individuals like you and me benefit, let’s talk about business now. Traditional media like print, TV,etc do continue to be highly preferred ones when it comes to advertising but now they are witnessing the silent grand entry of a new media- social media. Internet no doubt, offers limitless possibilities for firms but because it still hasn’t reached the masses across India it still has a long way to go. But in metros it has already spread it’s wings. Youth especially is hooked onto sites like Facebook, Orkut, LinkedIn,etc. Now how a business firm benefits from this. Say for instance you are small sports shop in Mumbai, you offer sports equipments and other related stuff. You don’t have a hefty budget so you start listing down your options to reach your prospects- the youth. You strike out TV and outdoor because it’s way out of your budget. Then you have the option of radio, print. You strike off radio thinking it does offer reach but few seconds do not ensure effective message delivery. You then decide to do print, you select your newspaper and the spot which fit’s in your budget. You do a weekly campaign and do get some response but feel it’s not enough, you want to create a loyal base and engage the youth with your brand. What you want is a buzz, then you go for a new media- social media. You decide to target the youth on Facebook. On FB you get the option to choose the demographic, area you wish to target, age wise, sex wise, and many more. FB can offer this because of the information it has about its users. You then decide to specifically target youth in Mumbai between the age of 15-25 years who have written sports in likes and interests column. And there you go, you have successfully reached your target market and got them talking, your ad is displayed whenever they log in - they then ‘like’ your offerings, they can instantly share it with friends, and reply to you asking for more. What more do you want? You have engaged your target market. Unlike TV, print, radio,etc. there is no pilferage of advertisement, your ad reaches only whom you want it to reach.
Recently Kotak Securities, India’s leading stock broking house created a page on FB. Through this they post updates, international market updates, etc. Interested people can share the information, like it, or comment on it. Kotak, has made the right Marketing move because financial institutions need to come out of the pure transactional model and get into the engagement model. With so many other firms offering similar products/services how do you stand out? How do you keep customers coming back to you? Engagement is the answer and Social Media is the tool.
There’s a lot more to be discussed about the social media, which we will in other articles. One of the cultural values of my company is “We love internet, and we thank God for it”. I firmly believe in it and accept it from the bottom of my heart.
Now let’s get out there and Socialize ;)
Tuesday, May 18, 2010
Real Estate Market in Tier II cities of India
Real Estate market in India is not just booming but booming in all possible directions. The rays of this hot sun are peeping through dense Indian markets, and are guiding developers deeper into Indian markets. Property builders are exploring Indian cities and towns like never before. The opportunity which this period is presenting has got everyone tempted. More fuel is added to this hunger by Government policies which motivate economic and industrial development.
Foreign direct investment (FDI) into India in the real estate sector for the fiscal year 2008-09 has been US$ 2.8 billion approximately,according to the latest data given by the Department of Policy and Promotion (DIPP). This has added further thrust to real estate market in India.
This budding sector is witnessing development in all areas such as residential, retail, and commercial. Of course the Tier I cities are the ones that are overwhelmed with burgeoning investments in industrial and service sector, but the markets there are getting saturated and this has forced investors seek other alternatives which is leading them to Tier II cities. Emerging areas like these Tier-II cities offer excellent real estate investment opportunities because of the low entry level costs compared to the saturated big city markets where getting space is very difficult.
India Reports latest report 'Growth Potential: Tier II and III cities in India', mentions that Gartner India has predicted that India is likely to lose some of its significant market share in the offshore BPO business – a drop fueled by rising labour costs and shortage of skilled labour. Industry analysts point out that the concentration of BPOs in cities like Bengaluru, Gurgaon, and Mumbai has meant that they target the same talent pool, pushing up demand. The most apparent solution then, is to seek greener pastures in Tier II cities.
Big cities Mumbai, Chennai, Bangalore, Hyderabad, National Capital Region (NCR) and Pune are still the preferred destinations for setting up an IT or a BPO company, but these centres are closely followed by Ahmedabad, Kochi, Bhubaneswar, Chandigarh, Coimbatore, Indore, Jaipur, Lucknow, Madurai, Mangalore, Nagpur, Thiruvananthapuram, Vadodara, Tiruchirapalli and Visakhapatnam, says the NASSCOM-AT Kearney study on `Location roadmap for IT-BPO growth'. Infosys for instance has already established its units in tier-II cities like Mysore, Mangalore, Kochi, Bhubaneswar and Chandigarh.
As industries establish bases in tier II cities, the real estate development will accelerate at a faster rate to fill the gap between the demand and supply of commercial and residential properties there. Tier II cities therefore can be considered as new hottest destinations for investors.
Chandigarh, the silicon valley of India has all the systems in place, the Rajiv Gandhi SEZ saw investments coming from Dell, Infosys, Quark, Ranbaxy, Reliance and Satyam. The ongoing development in IT sector has boosted the realty sector in Chandigarh. It has become the most sought after destination for investors.
Pune which is all set to become the 7th metro of India is another Tier II city which has a booming real estate market. The main drivers now are the EonIT Park, the proximity to revamped airport, presence of 5 star hotels.
Ahmedabad is not an inch behind and has started leveraging its real estate potential now. The upcoming NANO plant, high land availability, and improved connectivity are the driving factors for Ahmedabad.
The Makaan.com Property Index (MPI) also has recorded positive growth for tier II cities such as Pune, Kolkata, Ahmedabad. The Pune property index, as compared to March 2009, in March 2010 has gone up bye 28.1% . The Ahmedabad MPI has gone up by 40% . Kolkata is another tier II which witnessed a rise in MPI by 52% . These figures represent the rise in property prices in Tier II cities.
Industry experts also feel positive about Tier II cities. Rohit Goel, CMD Omaxe credits the growth of Tier II cities to the real estate development happening in those areas.Leading real estate consultant JLLM was reported saying to ET Now that cities worth consideration for long term investments are Pune, Ahmedabad, Nashik, Nagpur, Vadodra, Coimbatore, and other Tier 2 cities.
If we consider the Union Budget 2010-11, its implications also stand in favour of Tier II cities. The budget has extended 1% subsidy in interest rate for housing loan up to 10 lakhs till March 2011. This in turn would stimulate the home buyers in 20 lakh segment. Major beneficiary of the union budget 2010-11 will be home buyers in B&C category towns, and buyers with a budget around 20 lakh or less, says the intelligence of MakaanIQ. which is an initiative by Makaan.com to provide information, intelligence, and tools for an informed property investment decision.