“If you can't explain it simply, you don't understand it well enough.”
~ Albert Einstein (1879-1955)
Albert Einstein (1879-1955) was a German-born theoretical physicist. He developed the general theory of relativity, one of the two pillars of modern physics (alongside quantum mechanics). Einstein is best known in popular culture for his mass–energy equivalence formula E = mc2 which has been dubbed “the world's most famous equation”. He received the 1921 Nobel Prize in Physics for his “services to theoretical physics”, in particular his discovery of the law of the photoelectric effect, a pivotal step in the evolution of quantum theory.
Image Credit: Wikimedia - Maybe subject to copyright
“All good businesses are personal. The best businesses are very personal.”
~ Mark Cuban
Mark Cuban (born July 31, 1958) is an American businessman and investor. He is the owner of the NBA's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and is the chairman of the HDTV cable network AXS TV. He is also one of the main "shark" investors on the ABC reality television series, Shark Tank. In 2011, Cuban wrote an e-book, How to Win at the Sport of Business, in which he chronicles his life experiences in business and sports.
Now, “mobile” is bigger than ever and the trend does not stop as more and more services come online which focus on a great mobile user experience. So it is not really a surprise that Google expresses a clear focus on web optimization for mobile access and mobile devices.
Gary Illyes announced at the Pubcon  conference in Las Vegas on Oct. 13, 2016 that Google is switching to mobile-first indexing. This means websites which are not mobile friendly in Google's eyes will be kicked out and moved to the secondary index. Furthermore the secondary index is not updated as frequently as the primary index is. This will be a huge disadvantage for those sites if they rely on search engine traffic from Google.
Responsive design or serving an optimized “mobile version” of a site to users on mobile devices has become the industry standard for “mobile friendliness.” However, that's not where Google wants the improvements to stop. Coping with small screens limited input capabilities is not nearly enough. Users want that sites load very quickly in under 2 seconds.
Therefore, Google has launched its Accelerated Mobile Pages (AMP) (↑) open source project in February 2016. This project tackles low Internet connections speeds as well.
At first, this seems counter-intuitive since mobile high speed LTE Internet connections with speeds of up to 150 Mbit/s become more widely available at affordable rates. In fact in many rural areas mobile connectivity is the only and in many cases best choice you can get. LTE/4G Internet access is nowadays available in 102 countries, … but with limited coverage. On a worldwide scale only 50% of mobile users are covered with at least 3G.  The remaining 50% of mobile users are stuck with low speeds: 56 kbit/s for 2G and 220 kbit/s for 2.5G like EDGE. Now the AMP project makes more sense.
It has never been more important to provide users with mobile devices the best user experience possible. Google will hold you accountable.
Adopting AMP does not need to create you a headache, at least, if your website is powered by popular software like WordPress which has 70% market share among content management systems (CMS) and powers more than 20% of all websites on the Internet. Just search for the appropriate plugin.
Gary Illyes also gave the impression the site-wide use of the secure HTTPS
protocol for all websites could be something Google has on its wishlist for the future. We will see.
John W. Furst
 Pubcon, is the premier social media and optimization conference, is supported by the industry's leading businesses, speakers, exhibitors, and sponsors involved in social media, Internet marketing, search engines, and digital advertising, and offers an in-depth look at the future of technology presented by the world's top …
A month ago I've attended the “Austrian Media Days Conference 2016”(#oemt2016), and it kept me thinking.
On September 20th & 21st, 2016 the country's leading media, advertising and marketing experts discussed the status quo and the outlook of their industries at the University of Economics and Business in Vienna, Austria.
Of course, there was some agitated melancholia about disruption, destructive changes and threats to old fashioned business models in print and TV. And yes, I could even hear statements like
“Google and Facebook are evil.”
Invited politicians picked that up immediately. Hereupon the Secretary of State for Media, Thomas Drozda, foolishly proposed the idea of a new tax for digital advertising. Any believed positive effect of this measure is a strong misconception of course.
The said extra tax of currently 5% on paid advertising already exists for print media and goes back to 1927 (!). Originally it was supposed to be limited for a period of 5 years. Well, we are in Austria: The tax at some point rose to as high as 20% and even 30% and survived all efforts to abolish it altogether. In June 2000 the corresponding tax law was adapted and changed the last time. The Professional Association Advertising and Market Communication within the Austrian Federal Economic Chamber argues with politicians against this industry specific tax for ages. Obviously without much success so far. Now the time has come to tackle it again, and even more vigorously, because an expansion of this obsolete tax into the digital domain is not useful nor acceptable.
To have large international corporations pay higher taxes to individual nations in general is heavily debated not only in the European Union right now. However, it is a much larger issue and cannot be solved on the back of the advertising industry. The problem with tax avoiding practices is of global scope and is not limited to companies like Google, Facebook, and Apple in Silicon Valley.
As if any such tax could save individual businesses or industries that do not embrace change. Outdated business models will disappear inevitably. New generations of founders and smart business owners will embrace the digital age and seize the opportunity.
Media formats like linear TV, radio, print, and certain types of agencies that serve the advertising industry are under high pressure. They are literally forced to find alternative business models, create new offers, and operate on a more efficient and effective level than ever before. What else should they do?
International keynote speakers and successful local business owners shared what works in order to thrive in the digital era. Here is a short list in arbitrary order:
Mobile services, location based features
Anything with high entertainment and fun factor
Unique, quality content goes a long way, e.g. local content or niche content: Free medium with paid advertising or subscriptions paid by readers work in digital space, in print or in a combination of both
Connecting people with alike interests
Providing room for user generated content and user engagement
Collaborating with other participants in the market
Advertising becomes more cost-effective with programmatic advertising, ad re-targeting and cross media marketing. (Works well for publishers and for advertisers.)
And the list goes on.
Much has changed but not those economic principles:
No money is made unless a product or service has been purchased by someone.
People buy what they want from sources they trust if the provided value exceeds the perceived price.
The digital revolution has turned previously expensive goods and services into commodities of which many have become available to everyone for free altogether. It's too late for those young commodities, but there is infinite possibility for creating something new people are willing to pay for.