In this segment on technology and real estate from the Real Estate Rat Pack Radio Show, Ken discusses Zillow acquiring Trulia.
In this segment on technology and real estate from the Real Estate Rat Pack Radio Show, Ken discusses Zillow acquiring Trulia.
“I would specifically feel the impact will not be all that dramatic except down the line with the fact premium based services may change, which would alter how some marketers display their messages,” said Ken Wisnefski, founder/CEO of WebiMax, Mount Laurel, NJ. “I am still a bit unclear though of the range of impact.”
“The rules of the internet and mobile are just evolving,” Mr. Wisnefski said. “The FCC realizes that is somewhat the Wild West and they need to spend more time evaluating it to have more restrictions.
“So the potential [exists] for better ability to view mobile-fed content,” Mr. Wisnefski said.
“I think that the government beginning to focus more heavily on the internet is interesting, as they have been very slow to adapt to what is going on with the internet,” Mr. Wisnefski said. “Many laws are severely outdated as people have progressed from typewriters to smartphones, and the ability to have an audience and platform is open to anyone.
“Google has not only added mobile-friendly tags next to sites in the search results, but also hinted at penalizing a site’s Google rank for not being responsive [meaning the website automatically adjusts for people viewing on mobile devices],” says digital marketing expert Ken Wisnefski.
“Google wants to remain the number-one search engine, so if more people are utilizing mobile than desktop, it is going to push the sites that are mobile to the top of search results. Companies that don’t implement mobile design changes will be invisible on search.”
“Make no mistake, the valuations of these companies is certainly high, but the history of tech start-ups in the mobile space is very short, and based on what we’ve seen over the past 5 years, we should start to be less surprised,” said Ken Wisnefski, CEO of WebiMax, Camden, NJ.
“Yes, mobile utilization still has a ton of space to grow and there is still plenty of content to be moved over and innovation that we’ve yet to encounter,” he said. “While I see a disparity between companies wisely using funds and those wasting resources, as long as huge valuations are given to companies with no revenue and huge losses, more start-ups are likely to follow the user growth/0 revenue model.”
Per WebiMax’s Mr. Wisnefski, the business model for social media start-ups vertical is to first get seed or venture capital money and then focus exclusively on gaining users while having zero revenue generation. Over time, the goal is to turn users into actual revenue.
“Unfortunately these zero revenue start-ups that get any kind of ‘seed’ capital tend to throw that money at problems as they surface rather than truly identifying them, and find that money runs out rather quickly,” he said.
“Facebook’s ad relevancy gives people an easy to understand metric that will be an extremely helpful tool for small businesses that may not be as media savvy,” said Ken Wisnefski, CEO of WebiMax.
“With a simple grade between 1-10, marketers can see if their ads are working better or worse with their target audience.
“Though it might scare some to think that ads with a poor grade will be served up less, Facebook is giving marketers the opportunity to edit the ads to score a higher grade and get it back on track,” he said.
Digital marketing expert Ken Wisnefski shared the following takeaways about the new feature from the retail giant:
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“The real issue is that Trump demonstrated he still leads a very powerful brand as he accumulated more than 35,000 interactions on his Facebook profile. That in and of itself was an accomplishment for Trump and his brand,” Kenneth Wisnefski, CEO at WebiMax.
“Maintain a transparent and simple ownership structure to avoid shareholder complications and arguments during a sale, said Ken Wisnefski, founder of internet marketing firm WebiMax…”
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“This will help get further visibility of Twitter and in some ways, treat Twitter like a newswire type service that is generated by its users,” said Ken Wisnefski, founder/CEO of WebiMax. “I like this deal quite a bit. I think it’s a real coup for Twitter.”
“A reclassification that would provide Internet as a public utility is a win for both consumers and marketers,” said Ken Wisnefski, CEO/founder of WebiMax. “The alternative of allowing Internet fast lanes really only serves to insure prices go up first on high bandwidth services like Netflix and subsequently the consumer.
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