Web 2.0 Metaphor: Widgets and Flyers
Wednesday, July 18th, 2007After taking a look at widget marketing, widget fever, and the monetization of widgets, I have come to one conclusion: widgets are NOT a business model. They are a marketing tool. There needs to be an underlying product or service behind all of this embedding. This made me wonder, “What are widgets comparable to in the offline world? What’s a good metaphor for the world of widgets?” Then it hit me - flyers.
Flyer Analysis
Flyers are created by a given store, then distributed to potential customers. The flyers themselves are worthless. They are a tool to entice customers into the store. Only at that point can revenues be generated.
Flyers can easily be moved from one location to another. They can also be easily disposed of. Furthermore, their very presence can catalyze word-of-mouth marketing and provide much needed brand exposure.
Widget Analysis
The widget world works much in the same way as flyers. A given widget is fabricated by a company with the intention of widespread distribution on the Internet. This embedded marvel provides value to the destination site, but can easily be removed if the publisher so desires. The widget itself is relatively useless to the company when it comes to revenue generation. Widgets are meant to drive traffic back to the parent property, which can then monetize the user via advertising or a subscription model, perhaps. Finally, as is the case with flyers, widgets can also create general brand exposure and awareness.
Obviously this isn’t the perfect metaphor - the biggest difference being that flyers cost money to print and distribute, while widgets cost nothing other than the cost of human labour. Having said that, I still think the metaphor helps to provide clarity when thinking about the purpose of widgets. It is also a great way to explain widgets to a non-techie or Internet user with little knowledge of web 2.0 world.