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January 2012

TechCrunch misses the point on personalizationtechcrunch.com

caterpillarcowboy:

TechCrunch published an article yesterday about the challenges of personalization and why no one has been able to innovate beyond what Amazon did 10 years ago. Leena Rao makes a good effort in trying to understand the challenges, mentioning the need for intent-based data, making sense of social, and privacy concerns. All are true. But the framework with which she’s approaching the problem is wrong.

The right way to look at this is by splitting the world of products into two: products that age and products that don’t.

  • Books retain value over time. A book you wanted to read last year is something you’d still consider buying today (hence, the existence of airport bookstores). Same goes for movies, which is why Netflix beat Blockbuster.
  • Fashion items (shoes, clothing, accessories) do not. Softlines (the retail term for fashion items) are extremely seasonal; items go out of style within months and unsold ones end up on the discount rack.

You’ll notice that successful personalization tech is tightly focused around items in the first category. Books, music, video, kitchen appliances, gardening equipment, (to a lesser extent) electronics - all things that Amazon’s recommendation algorithms are good at. (I would know, I was the product manager for that team). That’s because these products have a long enough shelf life to reach a critical mass of purchase data. You need dense datasets to do personalization right.

Where does personalization suck? The second category. To make it even more difficult, items in this category tend to be ones that you can look at and within half a second decide if you like it or not. They are visual, tactile, sensual. They are also highly individual - a watch that I love is also something you might hate, even if we share the same taste in movies. Hell, I might even love one watch but hate another that almost looks exactly the same. People shop in this category by gut feel and emotion, not by attempting to maximize a list of requirements and system specs. The result is a very sparse dataset with items going out of style too fast for the algorithms to become useful. What you end up with is least common denominator recs (like white socks and undershirts) that completely lack joy and delight.

The solution, like Leena points at, is social, although she gets it slightly wrong. I’ll follow up this post with my thoughts on how social can really make personalization work.

Very much agreed. Locations can split the two. Just because you went to a restaurant a year ago didn’t mean that you liked it. If you like hot dogs at 2 in the morning, it doesn’t mean you want to eat them for dinner. There is a balance between an expiring good and a permanent one. We’ve had a huge focus on personalization for local at gtrot. We find that social helps create stronger signals and looking at places you’ve been help surface similar places but it still isn’t perfect. Taking into account the what’s happening now is also part of it. 

Jan 30, 201241 notes
#gtrot
Jan 29, 2012194 notes
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“Life is about skydiving every single day. Taking good risks that make your heart race and set your mind on fire.”—“Embrace your good fears” ─ revolutions.is
Jan 23, 2012
“Later, he referred to Airbnb riding a ‘third wave of the Internet’. Chesky asserts that the first wave of the Internet was about bringing commerce online, the second wave was about connecting with others online, and that the new wave is enabling shared offline experiences through online platforms.”—DLD 2012 – Brian Chesky: “Average Airbnb Host In NYC Pockets $21,000 A Year” | TechCrunch
Jan 23, 20124 notes
“Every two days now we create as much information as we did from the dawn of civilization up until 2003.”—How Tumblr Drove the Evolution of Content into an Image Dominated Experience - Forbes
Jan 20, 2012
“And don’t worry about losing. If it is right, it happens—The main thing is not to hurry. Nothing good gets away.”—

Advice of John Steinbeck to his son in love.

Letters of Note: Nothing good gets away

Jan 20, 201282 notes
Jan 20, 2012
“The larger shift here that comScore is talking about is this: users are gravitating towards new ways of sharing the things they care about with anyone who shares the same interests as them. They’re still sharing private things like showing baby photos or party pics to real friends on Facebook. They’re just also falling in love with the new simple, public tools that these other companies offer.”—December Presents: Record Traffic For Social Interest Sites Tumblr And Pinterest | TechCrunch
Jan 13, 2012
Jan 9, 20123 notes
: 28 days later: Our improvements after Ask HNblog.gtrot.com

gtrot:

At gtrot, we’re working to build the best city discovery tool on the web. In order to make it the best, we constantly ask feedback from our customers online, in person and across the web. 28 days ago was no exception. We asked the incredibly tech-savvy and generous community at Hacker News to…

Feedback - in action.

Jan 9, 201219 notes
Capture your next trip with gtrot! blog.gtrot.com

gtrot:

External image

Any travel plans in the coming months? Tell us where you’re headed for your chance to win a Flip video camcorder and a gtrot travel pack!

Giveaway Rules:

1.Tweet @gtrot where you’re going this year using the #gtrotfliptrip hashtag. Be creative, just make sure the tweet has a…

We’ve got some goodies to give to one lucky traveler!

Jan 6, 201215 notes
#travel gtrotfliptrip
“

Tonight, the rapper drilled his audience of 6 million followers on a new dream called Donda. From what I could narrow down, it’s more or less a creative group comprised of 22 divisions, everyone from video game developers to nutritionists to car designers. The goal? Well, that’s not as clear, but it sounds more or less like a think tank. Or an agency of some sort. “…To dream of, create, advertise and produce products driven equally by emotional want and utilitarian need.. To marry our wants and needs.”

Sounds awesome, like a Warhol factory of idea people. Whether it will ever come to fruition, will it work? That’s up to Kanye West.

Say what you want, but the man is a genius. I think that’s more than evident now. Call him “crazy,” I mean, the dude probably is. Because all geniuses are out-of-their-mind, stark ravingly mad. Their ideas are bigger than the everyday Joe – their followers see it as inspiration, their detractors call it lunacy. And when I see Kanye spilling freethought all over his Twitter stream, I see it as both. And I want whatever he’s having. I want some of that creative juice he’s dranking. I want to dream out loud like Kanye West and start a Donda and change the community around me, the government that owns me, the world that surrounds me. The only difference between he and I — he and us – is that he has the money, prestige, and support to actually do it.

But should that stop me, or should it stop you? You have just as much opportunity as he does because, you see, Opportunity is free. Sure he drives a chopped-up Maybach and uses anorexic supermodels for belts, but that Opportunity he seizes? That’s priceless. Up for grabs. You just gotta take it.

Kanye West is one individual who doesn’t see borders, he sees horizons. No problems, only solutions. Imagine if you weren’t hindered by fear, what people would say about you, how you were gonna make your car payments. Wonder what it would be like to live in a world where all you felt, tasted, and heard was Opportunity. They’d probably call you crazy.

”
—

bobbyhundreds of The Hundreds

I agree. Dream out loud.

(via keepsdiary)

Jan 5, 2012167 notes
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Jan 4, 2012218 notes
Jan 3, 20127,865 notes
““Mercadona is unique in several ways,” says Zeynep Ton of Harvard University, who wrote a case study on the chain. Its 63,500 employees are on permanent contracts (with bonuses), work regular hours and receive 20 times more training than the staff of an average American retailer. This makes them more productive: sales per Mercadona employee were 18% higher in 2008 than at other Spanish supermarkets. Staff turnover is only 4% a year. Employees constantly gather feedback from shoppers, whom they refer to, accurately enough, as “bosses”.”—Mercadona: Spanish aisles | The Economist
Jan 3, 2012
“Keeping information this dense while also having it be comprehensible and flexible enough to accommodate constant feature iteration is a formidable challenge, made all the more impressive by having a design language that’s consistent across different resolutions and platforms, and still distinct enough to be recognizable when it’s applied more broadly.”—Foursquare: Today’s best-executing startup - Anil Dash
Jan 3, 20123 notes
CNNMoney Tech Tumblr: Startup Youcnnmoneytech.tumblr.com

Must read! Fake Grimlock take on how to win in 2012.

Jan 2, 2012274 notes
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