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virtual is now real
                         prof. glenn platt :: aims :: mkt :: miami university




Friday, April 17, 2009
roadmap
                         virtual world and metaverse review
                         b2c practice
                         b2b practice
                         pretty good practices
                         tips



Friday, April 17, 2009
virtual worlds
Friday, April 17, 2009
Friday, April 17, 2009
other metaverses
                           Neil Stephenson (1992)

                           Active Worlds (1997)

                           Second Life (2003)

                           Google Lively (RIP 2009)

                           Habbo, Lego, Gaia, WoW,
                           Neopets, and many many
                           more




Friday, April 17, 2009
Friday, April 17, 2009
second life
Friday, April 17, 2009
sl trends




Friday, April 17, 2009
habbo
Friday, April 17, 2009
barbie girls
Friday, April 17, 2009
eve online
Friday, April 17, 2009
what do they look like?
                                          http://socialnets.wikispaces.com/Metaverses




Friday, April 17, 2009
b2c


Friday, April 17, 2009
virtual consumers
                            Brand Building
                              Wells Fargo - Stagecoach Island
                            Integrated Campaigns
                            Build Community
                              L-Word Island
                            Make Games
                              Gossip Girl
                            Retail
                            Virtual Products/Services
                            NOT a media buy. think
                            participation.




Friday, April 17, 2009
vw revenue




Friday, April 17, 2009
advertising projections




Friday, April 17, 2009
business potential in vw
                            shared real-time experience

                            redefining “brand experience”

                            prototyping

                            customer research

                            training

                            recruiting

                            collaborating

                            e.g., 3DTLC conference next week




Friday, April 17, 2009
private virtual worlds
                             case study: qwaq

                                program management



                                virtual operations center



                                facilitated meetings



                                corporate training



                                virtual office




Friday, April 17, 2009
b2b


Friday, April 17, 2009
cisco


                         user group meetings
                         customer education
                         demonstrations (hospital video)
                         training
                         customer feedback
                         conferences
                         sl corporate business council




Friday, April 17, 2009
cisco

                   “The real value of Second Life for Cisco is the opportunity for
                   spontaneous customer interaction. It’s like a birds-of-a-feather
                   session that goes on ’round the clock. I bump into customers
                   and partners multiple times a day in Second Life. In 11 years at
                   Cisco, walking through the parking lot in San Jose, I never get
                   people come up to me and say, ‘I’m a Cisco customer, have a
                   second?’”

                   Christian Renaud, chief architect of networked virtual
                   environments for Cisco




Friday, April 17, 2009
IBM Green Data Center
                                  Video
                                  Slurl




Friday, April 17, 2009
Events
                         IBM

                         “The meeting in Second Life was everything
                         that you could do at a traditional conference—
                         and more—at one fifth the cost and without a
                         single case of jet lag.”


                               - Joanne Martin, President, IBM
                               Academy of Technology

                         ROI $320,000

                         Recent CNBC Story




Friday, April 17, 2009
BDO


                         accounting
                         http://www.youtube.com/watch?v=5-dBo0U3xp0




Friday, April 17, 2009
pretty good practices
                            when are virtual worlds
                            appropriate?

                              virtual meetings and
                              exhibitions

                              demonstration. particularly
                              when it is not possible in real
                              life

                              extended interactions where
                              physicality matters

                              participatory strategy


Friday, April 17, 2009
pretty good practices
                            what are the costs associated with
                            vw practices?

                              fully interactive event may cost
                              $10K and maintaining a full and
                              active island may be 10X that

                              low interactive events or items
                              may cost in the hundreds

                              principles and skills for
                              construction are not web




Friday, April 17, 2009
pretty good practices
                            how do vw world campaigns
                            integrate with real world
                            ones?

                              reinforcement

                                L’Oreal placement in world

                              mixed reality

                                e.g. terminator: sarah
                                connor chronicles.




Friday, April 17, 2009
pretty good practices
                            the elusive ROI (in declining
                            order)

                              meetings

                              exhibitions

                              research

                              branding

                              experiential marketing




Friday, April 17, 2009
getting up to speed
                            News

                               virtual worlds news

                               b2b marketing online

                            Partner

                               millionsofus

                               world2worlds

                               kzero

                               pa consulting




Friday, April 17, 2009
pretty good tips
                            don’t think island

                            real person greetings

                            security

                              for event

                              work around firewall issues

                            authenticity

                            add value



Friday, April 17, 2009
pretty good tips
                            have a variety of interactive
                            items - ideally all of them.
                            think as fantasy - not as
                            simulation.

                            think experience design, not
                            web design - build
                            community

                            events. events.

                            contests. sl content freebies.
                            (colgate smile)


Friday, April 17, 2009
pretty good tips
                            what do customers want to
                            do

                            leverage existing in-world
                            brands

                            it’s not all about second life
                            and it may not be all about
                            virtual worlds - at least not
                            now




Friday, April 17, 2009
but don’t forget
                         virtual worlds are icing that needs to rest on
                         cake.
                               •customer satisfaction
                               •customer retention
                               •experience marketing
                               •personalization
                               •segmentation
                               •loyalty
                               •ROI
                         the basics still rule.



Friday, April 17, 2009

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April 17 2009 ama presentation

  • 1. virtual is now real prof. glenn platt :: aims :: mkt :: miami university Friday, April 17, 2009
  • 2. roadmap virtual world and metaverse review b2c practice b2b practice pretty good practices tips Friday, April 17, 2009
  • 5. other metaverses Neil Stephenson (1992) Active Worlds (1997) Second Life (2003) Google Lively (RIP 2009) Habbo, Lego, Gaia, WoW, Neopets, and many many more Friday, April 17, 2009
  • 12. what do they look like? http://socialnets.wikispaces.com/Metaverses Friday, April 17, 2009
  • 14. virtual consumers Brand Building Wells Fargo - Stagecoach Island Integrated Campaigns Build Community L-Word Island Make Games Gossip Girl Retail Virtual Products/Services NOT a media buy. think participation. Friday, April 17, 2009
  • 17. business potential in vw shared real-time experience redefining “brand experience” prototyping customer research training recruiting collaborating e.g., 3DTLC conference next week Friday, April 17, 2009
  • 18. private virtual worlds case study: qwaq program management virtual operations center facilitated meetings corporate training virtual office Friday, April 17, 2009
  • 20. cisco user group meetings customer education demonstrations (hospital video) training customer feedback conferences sl corporate business council Friday, April 17, 2009
  • 21. cisco “The real value of Second Life for Cisco is the opportunity for spontaneous customer interaction. It’s like a birds-of-a-feather session that goes on ’round the clock. I bump into customers and partners multiple times a day in Second Life. In 11 years at Cisco, walking through the parking lot in San Jose, I never get people come up to me and say, ‘I’m a Cisco customer, have a second?’” Christian Renaud, chief architect of networked virtual environments for Cisco Friday, April 17, 2009
  • 22. IBM Green Data Center Video Slurl Friday, April 17, 2009
  • 23. Events IBM “The meeting in Second Life was everything that you could do at a traditional conference— and more—at one fifth the cost and without a single case of jet lag.” - Joanne Martin, President, IBM Academy of Technology ROI $320,000 Recent CNBC Story Friday, April 17, 2009
  • 24. BDO accounting http://www.youtube.com/watch?v=5-dBo0U3xp0 Friday, April 17, 2009
  • 25. pretty good practices when are virtual worlds appropriate? virtual meetings and exhibitions demonstration. particularly when it is not possible in real life extended interactions where physicality matters participatory strategy Friday, April 17, 2009
  • 26. pretty good practices what are the costs associated with vw practices? fully interactive event may cost $10K and maintaining a full and active island may be 10X that low interactive events or items may cost in the hundreds principles and skills for construction are not web Friday, April 17, 2009
  • 27. pretty good practices how do vw world campaigns integrate with real world ones? reinforcement L’Oreal placement in world mixed reality e.g. terminator: sarah connor chronicles. Friday, April 17, 2009
  • 28. pretty good practices the elusive ROI (in declining order) meetings exhibitions research branding experiential marketing Friday, April 17, 2009
  • 29. getting up to speed News virtual worlds news b2b marketing online Partner millionsofus world2worlds kzero pa consulting Friday, April 17, 2009
  • 30. pretty good tips don’t think island real person greetings security for event work around firewall issues authenticity add value Friday, April 17, 2009
  • 31. pretty good tips have a variety of interactive items - ideally all of them. think as fantasy - not as simulation. think experience design, not web design - build community events. events. contests. sl content freebies. (colgate smile) Friday, April 17, 2009
  • 32. pretty good tips what do customers want to do leverage existing in-world brands it’s not all about second life and it may not be all about virtual worlds - at least not now Friday, April 17, 2009
  • 33. but don’t forget virtual worlds are icing that needs to rest on cake. •customer satisfaction •customer retention •experience marketing •personalization •segmentation •loyalty •ROI the basics still rule. Friday, April 17, 2009