Comments on: More on 21st century adoption curves http://confusedofcalcutta.com/2007/07/04/more-on-21st-century-adoption-curves/ a blog about information Mon, 06 Feb 2012 01:37:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: James Shi http://confusedofcalcutta.com/2007/07/04/more-on-21st-century-adoption-curves/comment-page-1/#comment-156770 James Shi Thu, 05 Jul 2007 17:36:28 +0000 http://confusedofcalcutta.com/2007/07/04/more-on-21st-century-adoption-curves/#comment-156770 The gifting model has proved to be a hugely viable revenue stream via South Korea's CyWorld since 2003. I'm not sure how much is being spent on digital gifts today, but the last time I checked (probably a year and a half ago when I was last in Seoul), CyWorld was generating around $300k a day in just digital items (which also includes non-gifts). I've been skeptical of the US audience acting in similar ways to S. Korea, but I'm ready to be proved wrong by Facebook. The gifting model has proved to be a hugely viable revenue stream via South Korea’s CyWorld since 2003. I’m not sure how much is being spent on digital gifts today, but the last time I checked (probably a year and a half ago when I was last in Seoul), CyWorld was generating around $300k a day in just digital items (which also includes non-gifts). I’ve been skeptical of the US audience acting in similar ways to S. Korea, but I’m ready to be proved wrong by Facebook.

]]> By: John Dodds http://confusedofcalcutta.com/2007/07/04/more-on-21st-century-adoption-curves/comment-page-1/#comment-156627 John Dodds Thu, 05 Jul 2007 10:04:51 +0000 http://confusedofcalcutta.com/2007/07/04/more-on-21st-century-adoption-curves/#comment-156627 The gift idea debuted (in my consciousness at least) on hotornot and James Hong and Mark Zuckerberg have sat on panels together - so no surprise there. The gift idea debuted (in my consciousness at least) on hotornot and James Hong and Mark Zuckerberg have sat on panels together – so no surprise there.

]]> By: Stu http://confusedofcalcutta.com/2007/07/04/more-on-21st-century-adoption-curves/comment-page-1/#comment-156582 Stu Thu, 05 Jul 2007 07:50:54 +0000 http://confusedofcalcutta.com/2007/07/04/more-on-21st-century-adoption-curves/#comment-156582 It is fascinating. Also check out Marc Andreesen's writing on it, and how a lot of these aps developers may well become victims of their own success when their app servers get 'facebooked' -- the most virulent form of marketing known to man... I also have to marvel at the business model of the Gift application -- you pay $1 to email someone a 32x32 icon. That is absolute genius. The FAQ puts it superbly: Why didn't I get a free gift? Unfortunately, Facebook cannot provide a free gift sample to all users. As this feature evolves, there is a need to control scarcity and demand. We apologize for any inconvenience. It is fascinating. Also check out Marc Andreesen’s writing on it, and how a lot of these aps developers may well become victims of their own success when their app servers get ‘facebooked’ — the most virulent form of marketing known to man…

I also have to marvel at the business model of the Gift application — you pay $1 to email someone a 32×32 icon. That is absolute genius. The FAQ puts it superbly:

Why didn’t I get a free gift?

Unfortunately, Facebook cannot provide a free gift sample to all users. As this feature evolves, there is a need to control scarcity and demand. We apologize for any inconvenience.

]]>