Too many widgets!
Too many widgets!
I have followed Yahoo and its marketing efforts for a while, and watch with great interest as executives try to right the ship. The latest evidence Yahoo still faces challenges is the departure of CMO Cammie Dunaway. I have said as recently as last week that Yahoo’s market strategy lacks focus. They have made some repairs to the brand, but still seem to be casting about for a direction.
Jerry Yang the CEO of Yahoo has just articulated for investors the company’s three pronged approach for success. 1. “Become the Internet starting point for the most consumers.” At Zude we call this the “start page” strategy. The start page is your default browser setting – the page that appears when you first log on. 2. “Become a ‘must buy’ for the most advertisers.” That translates into being the marketshare leader in advertisers. 3. “Become an open technology platform for developers.” (No superlatives in this statement; just a policy change.
When Donald Trump is on the radio pushing free CDs on becoming a millionaire, what are your first thoughts? The ads, which run on New York Sports radio, say to me The Donald thinks sports fans are idiots. It also tells me he must be in a little of a down cycle, money wise, because these ads and the business idea are pathetic. “What sets millionaires apart from the average person?” he intones, “You just have to want it more.” Jesus, who is going to fall for this crap?