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| About Paul Kedrosky |
| Dr. Kedrosky is currently the Executive Director of the William J. von Liebig Center in San Diego, California. Using an innovative seed capital program, the Center catalyzes the commercialization of technologies from the internationally-ranked University of California, San Diego. Dr. Kedrosky is also a venture investor with Ventures West, Canada's largest institutional venture capital firm, where he is most active in consumer technologies and software. He is currently on the board of Marqui Corporation, a marketing automation software company. |
Recent Article:
Mobile TV's Messed-Up Marketing
- For more on Paul Kedrosky visit paul.kedrosky.com
For reasons unbeknownst to me (okay, almost certainly hoping I'd say nice things about their phone and service), Sprint bestowed on me a freebie phone some time back, as well as a full-service package of voice, video, and data. I've cheerfully taken advantage of having a second mobile phone -- it comes in useful when in the car on long conference calls and needing to order take-out pizza -- but I have to confess that one aspect of it has surprised me.
It's this: I like mobile TV. The funny things are two: a) I don't watch much stationary TV; and b) I've always been a skeptic on mobile TV. I thought people wouldn't watch it on small screens, and figured that, for the price, you'd never convince the youth demographic to ante up.
I was wrong, sort of. I think they have the marketing message all screwed up on this stuff. The real demographic is the Blackberry financial demographic, the people that launched that device into the stratosphere because they couldn't bear to be disconnected and were willing to pay for the privilege.
Similarly with mobile TV, the killer app is Bloomberg TV. When I'm in queues, some elevators, or trapped in SoCal traffic, I often flip open the phone and put on Bloomberg TV. It's great to be able to watch (or just listen to) programming in realtime wherever I am, and it starts to feel ... almost necessary. I can easily imagine people in the financial services sector deciding that such stuff was necessary, and it rapidly becoming normal to see mobile Wall Street-ers watching Bloomberg, CNBC, and corporate events on their phones. And guess what: These people can afford the stiff $50/month in extra fees for TV.
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Of course, all of this begs two questions:
1. Am I only saying this because Sprint gave me the phone?
2. Am I going to pay for this when the freebie period runs out?
In order, Sort Of and No. I would never have paid for this service just to see if I'd like it, so in that sense I'm in Sprint's pocket on this issue. But are my comments about mobile TV Sprint-specific? No. Most carriers have mobile TV offerings, and my endorsement of Sprint's approach is zip. Matter of fact, the interface on the Samsung phone they gave me drives me mad. It probably contributes to auto accidents all over the U.S.
To the second point, would I pay for the service? No. I need more information stimulii like I need a hole in my head. It doesn't meant that others in financial services won't feel differently, but not me, thanks.
Mobile TVs MessedUp Marketing - To learn more about this author, visit Paul Kedrosky's Website.
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