Friday, 14 November 2008

Moore Street on the Net. The Trader Segment of Netizen will Grow in Importance

A recent segmentation I ran on Internet behaviour showed several groups.

Dolittles (6%): This group don’t do much and could be termed low intensity Internet users. They report that they all use the Internet for email and chat and they will use all of the other Internet categories, but much less often than the other groups.

Media Consumers (31%): These are the consumers of net content in all its forms, and from all form of traditional media online (RTE, Irish Times, Sky etc), so I’ve called them the media net. Yes, but they’re net surfers with a purpose rather than aimless geeks enjoying the beauty of things digital. This group will go to read news of all sorts. They’ll be financially savvy and are well educated. They also have good jobs and incomes too. These use the net as an information resource and a career enhancing tool to aid decision making and economic communication.

Networkers (8%): Perhaps once considered the ‘sad’, depressive net addicts this group is now recognized as a growing segment of net activity, and they’re using the net tool to help extend their overt social nature... (or over compensated social phobia) and they love it.

These are the group who are into chatting and networking. They like to be linked and bring on the buzz of chit chat and juicy gossip. Yes, more girls in this group, but only just. They like chat, user generated content, bulletin boards and dating. These are the net socialites who get their fix of friendships and talk online.

I think this group are especially important as the trend towards a more digitally mediated social existence and staying in contact with ‘everyone you ever knew’ to feel part of the community is a strong one. It may just be a new stage in reaching maturity, or feed into broader psychological needs, but its there and will only become more prevalent in society and persistent in nature.

At an extreme, it gets silly. Is someone with 14 contacts less happy or socially or economically adept than someone with 100? Or 500? Doubt it, and studies would indicate that 50 is the max number of relationships people can handle at all. (For Lions its 30). Business contacts may be different of course and it will be quality not quantity that is important there too. Get this for a wheeze. There’s a cheat on Bebo so you can pretend you have 100s of friends. (Hope there’s one for LinkedIn L)

Mappers, Restaurants and Cars (42%): Then, there are those who use the net for restaurants, car trading and maps.

They might use email, but the net hasn’t impacted on this group socially or economically at all really. These tend to be older men who perhaps don’t have the time or the need to be chatting to their peers who aren’t that net savvy anyway. The net makes sense to them when they can print off a map or a timetable, but the rest of the stuff? Well, really! It’s more for the kids isn’t it, though he doesn’t understand what exactly it is that they do when they do it. But, he’s (as it typically a he) is proud of his net connectedness nevertheless. This group you won’t see on the web that much really except for newspapers, Google and main stream media.

Traders (13%): This is the group that are the main focus of this post. These use the Internet like an ATM... a ticketing machine for flights, banking and shopping. Functional stuff. 13% of Internet users are in this distinct group. Doing things without having to queue for less money, or when they need to upgrade their phone.

But, within this group are those that use eBay and Classifieds. The tech savvy ‘trotter’s independent traders’ of the great web boot sale in the ether. This is one of the most important sectors to Ireland Internet economy. The invisible spivs, the attic hunter gatherers, the ebayerati.

What exemplifies this group from the others is their need to make money from the net rather than spend time on it or buy things on it, though they will be include those who do. They ‘make’ money either in savings on goods purchased in other markets, or by selling and trading. And, I think in the current economic climate, this group is set to grow...

eBay consider people to be basically honest, and they’ve been proven right. Yes, there are always some people who’ll try to sell fake goods, but we don’t blame the platform, but rather the seller, and that’s the way it should be.

For example, I’ve always known that if I buy a €5 watch when I’m on holiday in Tunisia and it turns out not to be a real Rolex it’s totally my fault for being such a mean muppet – thinking I can take the piss in a third world country and even haggling him down from €20 and thinking I was clever. God, I so deserved it. (‘Wanna buy Rolex, Tag, Swatch? Reel Gold! Verry good price for you my friend. You Ireesh? My Mother she ees Ireesh. I write letter to her in Ireesh.’ And I thought I had the upper hand. what was I thinking?)

No, there’s is no such thing as a free lunch. And, the same applies online. But, on the other hand I also know that there are good carpets to be bought in Turkey, or art, or whatever, so I’ll have few qualms about taking that risk. eBay is a bit like that for me. Great bargains for the discerning purchaser. It’s just like the real world. There are millions of things to buy online, if you look and it doesn’t take long with a little practice. eBay should be a primary port of call before you shell out full whack for new goods with all the VAT attached. Very often, the only difference between an eBay purchase and a retail one is the box and Styrofoam it’s packed in, and even that can be an inconvenience to get rid of. Then there are tickets, brand new goods, antiques and all sorts of stuff you will only be able to buy online - if you look that is.

There’s a new breed of Irish seller to join the street sellers of Moore’s Street and Camden Street, and they’re waiting with their wares to sell to the highest bidder on the net.

This group don’t look like traders though. They are homemakers, women with kids, men who look for car parts online, fixers, menders and make doers. Oh, and a few petty crooks of course. These are the people who keep the family budget ticking over and make sure the car gets the kids to school. These are the head down and work hard bunch and these are the group I think are kind of recession proof, philosophically speaking anyway. It’ll be hard alright but they’ll manage, and if they don’t remember a recession themselves, their parents and grandparents won’t waste any time in reminding them.

And finally, I think we should all take a leaf out of the philosophy of the net trader. For the giant Irish middle class there’s no shame in saving money in Lidl any more is there. It’s a competition for how much you’ve saved, rather than being concerned about how much you have to spend. And to sell and trade things you don’t have to have a stall on the main street and the voice of 10,000 Woodbines - it can be done from your front room. I think it’ll catch on.

And Finally...

And finally, though these groups add up to 100% they are not ‘discrete’ groups. They cross over each other and almost all use email and Google etc to some extent (there are those that don’t believe it or not). So, there will always be exceptions, that is, groups that don't fit into these bands, but these groups represent a statistically valid generality with whatever insight that can provide. If you know a find a different group not described above they may reside within one of mine, or the Dolittles, or they are just new, or strange. Or indeed, they maybe have been so niche the weren't picked up by my sample. Gamers, for example, are omitted, and they are becoming steadily more important. But, they fall between stools in my breakdown... somewhere between social networks and chatters including behaviours of both. Why do they fall between stools? Well, because the stats told me they did. And, what does that mean? Well, if you think about it gaming is a social communicative practice after all, but there is no typical ‘gamer’ behaviour online on sites other than gaming sites that differentiates the gamer, as a type of Internet user, from the others. In other words, gamers are normal, just like the rest of us or there’s a gamer in all of us. Gamers don't use the web any differently to the rest of us... at least not yet with any statistical significance anyway. That will probably change in the coming years.

But tell me what you think? Do you know some groups that need exploration? Is there more to this than meets my eye? Let me know. I always listening, very interested and keen to learn.

And in the meantime why not get an eBay account and check it out. You know you want to and you could maybe save a bundle! J

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