Archive for March, 2007

Jason, Travis and I are looking at starting a company. We have a pretty sweet idea and we’ve got a lot of skills, but this whole starting a business thing isn’t an easy undertaking. More than anything, I’m intimidated as hell at the proposition of doing all of the stuff we’ve outlined as key steps to developing the business.

Basically, without giving a whole lot away, we’re trying to carve ourselves into an internet marketing niche that can serve a huge community with content that is interesting and fun while yet providing a great forum for coporations to get their propoganda to the masses.

This is something that I can definitely see as a success down the road, but the basic implementation needed to get us started and into everyone’s bookmarks is a little daunting to think about. Not only do we need to develop a great looking site, but there is some functionality that we’ll need implemented right away (such as a database and dynamic pages) that I’ve definitely never developed before or had to work with. Aside from that you have the constant issue of defining a revenue model, setting goals and acquiring enough content from corporate marketing departments to make your site sufficiently sticky. Needless to say, this is all incredibly new to me.

I’ll be searching through some internet documentation to see what I can find in regards to starting an internet only business. Hopefully I will find enough quality information specific to our online marketing idea to help smooth out some of the wrinkles I already see in our business plan that could potentially become problems. I mean, what’s the best way to develop something that needs a scalable infrastructure in terms of bandwidth, processing power, and storage? There are options like Amazon’s web services, but those can tend to be somewhat expensive - especially when you’re in beta!

Anyway, if anyone is seriously interested in joining our little team, let me know. The three of us would really like to dive through the first few steps in the development of our plan by ourselves, but I have a feeling we’ll need some quality web developers and the like once we get the ball rolling. Hopefully we’ll be successful and can walk away with some serious money in the future, but I am sure it will be a great learning experience no matter what happens.

It’s been a while since I’ve had some time to get a post up, and one of the reasons why is because I have been spending a lot of time preparing for the Omniture Web Analytics Competition at BYU. For those who don’t know, I’m taking a Web Analytics class this semester and we’re encouraged (maybe required?) to participate in the competition. This was my second semester participating in the competition, but unfortunately we worked with the same website’s data. Though you’d think I had an advantage, being familiar with http://www.costumecraze.com/, the Omniture people made it clear at the opening meeting that we needed to come in with new information this time around.

I can’t share any specific information due to my signing a non-disclosure agreement, but I can talk a bit about the SiteCatalyst product! To be completely honest, SiteCatalyst is an absolutely fabulous tool that still needs a little work. Currently, you have great flexibility and customization available to you (though sometimes you end up paying quite a bit more for some of those options) as an Omniture customer. The task of keeping up with all of your key performance indicators is pretty simple with the advanced dashboards you can create. From my experience, which is admittedly little, SiteCatalyst blows the competition away in sophistication and the level of customization available. Granted, those who use Omniture’s tools are paying out the nose, so SiteCatalyst better be good.

I do, however, have a few complaints. Omniture has broken up their reports into three main sections: Commerce, Traffic, and Paths. This is really helpful in some regards because it breaks up the many reports available into three different categories, yet I found myself extremely frustrated on several occasions. Because these three categories are very rigidly constructed, getting reports on data from both traffic and commerce is impossible (or at least hard enough to seem so). For example, should I want to find a report that gave me the percentage of site traffic that came from a specific domain and the revenue from that domain I would be out of luck. For some questions you can look up two different reports within their respective categories, but this is not always the case.

Without giving out specific information, I was trying to do research on CostumeCraze’s global presence (where commerce and traffic were coming from geographically) and I could not find reports that really helped me drill down on the issue. SiteCatalyst provides traffic maps, showing which countries around the world are providing site traffic, but I could not find anything that would help me see the revenue that matched up with that traffic. The data already being tracked, so why can’t I get to the information I need? There were ways to work around the problem, sort of, but I’d rather just have interoperability between the three categories.

Omniture does offer other services, and it’s entirely possible that Discover (a new app they use) or another piece of software solves some of the problems I see in SiteCatalyst. Unfortunately, I haven’t had access to any of the more advanced tools, but I can probably research it a little bit. Either way, web analytics is a pretty interesting and I encourage those who are web developers to look into Google’s free analytics tools (http://www.google.com/analytics).