Monday, July 28, 2003

First it was Black, now it is blue...

My bike after extensive repairs... all the body panels were changed from black to blue. Posted by Hello

Sunday, July 27, 2003

A week of biking

It's been a week since I started driving a bike again... I don't think I can get the bike to scream down the streets of Delhi at 100+ Kph for a few months to come :(

The Bike is now blue (Pics tomorrow), it was black before.

Black is not lucky (auspicious?) for me (or so an astrologer told my parents)

Friday, July 25, 2003

Physiotherapist...

Am looking for a physiotherapist close to my place in Delhi... no luck so far :(

Monday, July 21, 2003

dilli shehar ke rehne walon main aa raha hoon

Friends, Pakistanis and Wellwishers, lend me your ears. (actually eyeballs) :).

After weeks of what can only be termed as medieval torture i.e. pricks, boiling water, melted wax, electrocution, fingers bent thisway and that, I've recovered to a state which can be termed as normal as far as civilised humans go. I was finally able ride a bike (Yes the very same one, that was smashed in my unfortunate close acquaintance with a truck on the picturesque route to Mussorie) as of yesterday. It
was limited to a an agonisingly short 10 minutes, but till more strength returns that will have to do. Physiotherapy will continue for the next few months, but if all goes well, I should be back in Delhi on the first of August and rejoin on the 2nd. Of course I have to hunt for a physiotherapist that suits my timings, but that is a small matter...

Before you say that should be the last joyride across the country, I'm thinking of driving back to Delhi on the bike... still have to convince a few people though... :)

Cheerio

Chirag

Blog by mail..

apparently blogger can send posts by mail ad well... am trying to figure out a way to use it...

Wednesday, July 16, 2003

America Ahoy!

American shores beckon a batchmate of mine, Rohan from Times School of Marketing. He is going to University of Michigan. Best of Luck Rohan!!!

Tuesday, July 15, 2003

A Community in the making or...

I have a community online that I've been trying to do somehting contsructive with @ http://tsm.indiatimes.com/community/ it'd appear that nothing seems to be working... it is deader than a fish out of water. more time, more time...

Who or what is tux?

Tux is the nickname for the mascot for Linux...

Sunday, July 13, 2003

Why oh why did he lie...

A person I thought was a good friend lied to me, on something that I feel is fairly trivial...

why did he do that is what has been troubling me the whole of this weekend...

I thot it was gonna be one of those days, but...

I was mucking around with my hard drives partition and guess what... no operating system... it seems the the boot loader has been corrupted :(.

so I picked up one of the free linux cd's lying around, installed it and downloaded a msn messenger version for linux and now I'm good to go... :D

The Internet as I see it...

Some months ago, when I was with BCCL, (the publisher of The Times of India and he Economic Times), I had a conversation with CTO of the group Internet company, Times Internet Limited. Who asked me to put down some thoughts on how I see things on the internet shaping up. While I did put down those thoughts, I never actually sent it to him, the file was lying around till I came across it a couple of days back. Here is a rewrite of what I initially penned down (typed up?).

A lot of rambling about nothing in particular.

The positioning of a product or service is more and more targeted to more and more specific audiences? Case in point are the BMW and Mercedes, both are from fine German engineering pedigree, both are premium luxury cars. However the buyers of the two will probably as different as two people can be. The former will be bought by a person who will drive the car himself and the latter probably by someone who has a chauffer (Yes, I know Mercedes also makes sports cars… this is the general perception that I expressed here). Such a huge differentiation in mindset is what branding is all about. This trend is seen in media as well. The rise of niche publications in developed economies such as the US and UK is illustrative of this.

Any media would broadly undergo the distinct phases of consolidation in the growth phase and then fragmentation once the medium matures. The internet is perhaps one medium which fragmented even before it matured. This is perhaps explained by the global reach of the media and the fact that ideas can be easily replicated across geographical & political boundaries; i.e. something that works in America, will almost certainly not work in India, simply because the maturity of the American market is of a different order of magnitude. To illustrate this point further the existence and flourishing of sites like epinions.com (in the American context) and the apparent non-starter of the Indian equivalent mouthshut.com which are sources of information. Or price comparison sites like mySimon.com which as far as I know has no comparable Indian site.

With this brief background, it would be instrumental to see the whole internet game in a different perspective . The internet tends to promote the formation of groups of people with very specific interests. A sort of mother of all niche publications, which you can talk back to and what’s more it talks back to you and allows you to communicate with your peer group.

While the Bennet philosophy has been to be an aggregator of audiences by subsidizing the price the audience pays to retrieve content and then retrieving profit from the purchasing those audiences. This can prove counter productive as far as the Internet goes, as the internet has people who are used to getting content for free and are likely to freeload. On the other hand the audience which does pay to retrieve the content would then be most prized and wanted by an advertiser, if nothing to prove non frivolousness of their transaction with us. The idea would be to convince the mass populace that information is of value. The easiest way to ensure that is to look for focused verticals in the information segment. The first one that comes to mind is economictimes.com or more accurately perhaps the work of ETIG.

The biggest problem that one can make out is how will people pay for it online. Multimodal payment mechansims are already in use by the Indiatimes family of websites. Virtual currency of some kind can perhaps be also created for this purpose.

What about the business we are in?

Content can take several forms, one of the forms could be that of blogs (such as the one you are reading right now). Blogs are the latest rage in America, now spreading to other parts of the world. Blogs are nothing but a personal running commentary on the world in general and sometimes specific to a topic.

Another form could be in the form of reviews. Reviews can be on any topic, from the palces to party & eat out in Delhi to where to find the best shoes in Chandini Chowk. Ineractivity which needs to be the cornerstone of such an offering. Such content may well be in the form of a blog.

Traditional content in the form of newspapers, TV, Radio will definitely migrate in one form or the other to the web. Evolution of devices like the Microsoft Tablet PC or the Handspring Treo are definitely a step in that direction.

In that respect standardisation under one name a la indiatimes.com is probably the biggest single mistake being undertaken by us and many others across the world. This conclusion is based on our initial premise that internet promotes the formation of specific focus groups. By definition these focus groups would be unlikey to turn to a general interest portal to get their kicks so to speak. The creation of multiple brands would be a better branding and strategic idea, having a ghoomnahai.com rather than having something like Indiatimes Travel. This gives an identity to the content and makes it more valued by its consumers.

The above, when seen in the overall context of evolution of media, is a perfectly logical sequence of events. Growing media consolidates, and then fragments. During the growth phase it is perfectly acceptable to have a single brand name, but the moment the medium matures (maybe in the context of the limited audience it gathers in the Indian scenario)

Show me the money!!!

Whether people will pay to read (& someday in the future see) such content is debatable. The likes of Al Ries would have us believe that advertising will never work on the internet (which is something I disagree with strongly). So what will happen? Will the internet become a subversive medium which will undermine modern society as we know it. A sort of a no man’s land where no content will be paid for? products and services being the only ones able to draw any sort of revenue?

“The Truth” as the immortal words form ‘X Files’ go “is out there..”.

My personal suspicion is that heavily prized content a la NYT or WSJ will not only be paid for, but will also attract significant advertising revenues. For the rest, creation of strong niches will allow them to do the same…


PS: Don't hesitate to comment...

Thursday, July 03, 2003

I got a job offer today... ad sales... hmmm... I wonder...
had an accident last night... totalled one side of my scooter... and got hit on the knee real bad... I think I'm out of comission for the next few days...

Wednesday, July 02, 2003

two of my batchmates have founded an agency called... "Late Nights and Crazy Weekends". True agency wallahs both of them. Best of luck to them... if you want to give them some biz... call Rohan @ 9811649393
no says NDTV too
Will monsoon hit delhi today? no says weather.com