minorityprecogs

Intention economy

We leave all kind of different trails online of our live. What websites we visit. Which Facebook pages we like. Clicks on emails we get. That is a online trail we are making without noticing.
Sometimes we have such a passion for things we like. We want to express it. We want to share it with the world. We make a trail on purpore. That is exactly what Amazon is after. For them that is really interesting information.

So they bought both GoodReads and Shelfari. Book / library apps where you can show your current list of books you have read. But not only that. also can also add your wishlist of ‘want to read’.

Offtopic: I had a discussion about the best online tool to show off your offline library in a digital world. I once made the mistake of taking the wrong tool. Both owned by amazon but I had to switch from Shelfari to GoodReads app. Better alignment with the Amazon database and a greater community. Although the desktop version is not a beautiful as the Shelfari website.

Amazon did buy these tools. And it got a reason to do so. This TechCrunch article of the takeover of GoodRead sums it al up

The company also shared an interesting stat, which might have sealed the deal for Amazon:
In the last 90 days, Goodreads members have added more than four books per second to the “want to read” shelves on Goodreads.
With over 16 million users? You do the math.

It is so much more easy to convince your customers what to buy if they already indicated what they want. Surprised that Bol.com and Amazon both have a wish list for you?

Which other signals are there to pick up on? So obvious as sharing our next books to read? Some other items i can think about;

  • Which countries to travel?
  • Which movies to watch?

But probably a lot more.

Sometimes marketing and sales is really easy. Just ask the consumer what he/she wants to have. These are just obvious hits for these kind of companies to chase you on.
(And this kind of data is really valuable: could be a separate business model for startups)

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