Tuesday, April 28, 2015

Convergence

Convergence is the idea that old media and new media come together. Henry Jenkins wrote a book on the convergence culture. Jenkins says, “convergence describes technological, industrial, cultural, and social changes in the ways media circulates within our culture." He has this idea that the consumers are the participates. Jenkins says, "The question is whether the public is ready to push for greater participation or willing to settle for the same old relations to mass media." We live in a "participation culture" where people love to communication online. People are so active over the Internet and it is the way of our society today. This convergence culture is important to use the past media to help with future improves to new media.
 
Creative engagement is when companies use creative ways to market to their audience. An example would be companies having social media accounts and offering giveaways. A popular technique used is a giveaway through Instagram. If users will "repost" a picture they are entered into a competition. This is a great way to get people involved and allow for more people to find out about the company. An engagement online that is used in a creative way to provide more participation from the consumer would be considered creative engagement. 

Thursday, April 23, 2015

Long Tail Theory

The Long Tail Theory is the idea that more of the economy is heading toward niche markets instead of mainstream. This theory has a high number of goods, low cost of reaching the market, tailoring of personal tastes, and flattens out the demand curve for mainstream hits. A good example of the Long Tail Theory is Netflix. Netflix has a wide variety of movies and shows for viewers to watch. People can go on the website and watch their choice of show instantly. They get you hooked by offering a free trial and then charging you when you forget to unsubscribe. During the free trial people start watching their favorite show and do not want to stop so they end up subscribing. The cost is only $7.99 a month so most  people can afford the service since it is so reasonable. Another way Netflix goes along with this theory is by personalizing the movies and shows to the user. After watching a show on Netflix, the next time you sign on it will recommend different shows to watch based on what you previously watched. Netflix is a great example of the Long Tail Theory.

I would describe my online consuming behavior to be a surfer. I like to look at Pinterest, online clothing stores, or social media but I rarely purchase anything online. If I have a specific need for an online product then I will purchase it, otherwise I enjoy browsing. I just like to see what is out there.