So What Does Waze have it for you........
1. Waze built a platform that lets the public share what it knows
without the need for gatekeepers or mediators — that is, media. That’s
how it keeps content costs at a minimum and scales around the world.
2. Waze does that first by automatically using the technology in our
pockets to — gasp! — track us live so it can tell how fast we are going
and thus where the traffic jams are. And we happily allow that because
of the return we get — freedom from traffic jams and faster routes to
where we’re going.
3. Waze does that next by easily enabling commuters to share alerts —
traffic, stalled car, traffic-light camera, police, hazard, etc —
ahead. It also lets commuters edit each others’ alerts (“that stalled
car is gone now”).
4. Waze rewards users who contribute more information to the
community — note I said to the community, not to Waze — by giving them
recognition and greater access to Waze staff, which only improves Waze’s
service more quickly.
5. Waze lets users record their own frequent destinations — work, home, school, and so on — so they can easily navigate there.
6. This means that Google as Waze’s new owner will now reliably know
where we live, work, and go to school, shop, and so on. We will happily
tell Waze/Google this so we get all of Waze’s and Google’s services.
Google will be able to give us more relevant content and advertising. We
will in turn get less noise. Everybody happy now?
How could, say, a local newspaper company learn from this ?
1. Use platforms that enable your communities to share what they know with each other and without you getting in the way.
2. Add value to that with functionality, help, effort (but not articles).
3. If you knew where users lived and worked and went to school —
small data, not big data — you could start by giving them more relevant
content from what you already have.
4. You could give them more relevant advertising — “going to the
store again? here are some deals for you!” — increasing their value as a
customer by leaps and dollars.
5. You could learn where you should spend your resources — “gee, we
didn’t know we had a lot of people who worked up there, so perhaps we
should start covering that town or even that company.”
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