All posts tagged latin america

  • The Word is Getting Out – Latin America is Full of Digital Innovators

    Compra3I’ve been so busy contributing to other publications that I’ve been falling behind in posting to my own blog.  Lately, I’ve been writing articles about companies such as Vivareal in Colombia and Compra3 in Brazil each with excellent prospects for the future. I’ve been psyched to see these articles published in the NYTimes and in Venturebeat.  There is such a tremendous opportunity in this region for setting up dev centers, targeting the region for products and services or both.

    I just got back from a night of Salsa and Sushi with the Mrs. and, after waking up at 2:30am this morning should be hitting the sack.  Nevertheless, as if the day hasn’t been good enough, I just read Chris Brogan’s post on Colombia.  By now, I’m used to seeing fellow “Gringos” wowed by the life down here, but it’s so great to see someone who appreciates that aspect, but, more importantly, objectively, sees the tremendous potential down here.

    That was just the cap to a truly amazing day where, aside from happy family times, I had some great meetings with top executives at two major multinationals down here, a financial services company and a friend who works at Twitter that I finally met in person (she’s down here).  Aside from all of this, Compra3 (amazing founders) had their production launch of their social commerce site, which I was able to write about to get the word out.

    I should really back all of this up with more numbers and statistics, but I’m too tired tonight.  I’ll leave that for another post.

    Conclusion:  there’s no doubt in my mind that Latin America is going through a transformation and that, within the next 5 years, the number of US VC/angel backed digital innovators with either dev centers or target market (or both) down here will explode.

  • Recent Contributions to Other Blogs

    It’s been a busy start of the year.  I’ve been contributing articles to a number of blogs and it’s been an extremely satisfiying experience.  Aside from meeting new people, it helps improve my writing (in English and in Spanish).  Among my posts is one dedicated to my thesis that a Twitter-Amazon alliance makes sense as well as a profile of a new social software startup in Argentina called JoinCube.  In Spanish, I wrote a number of posts for my friend, Jesus Hoyos’ blog and for PulsoSocial, a Latin American technology blog founded by the impressive Andres Barreto.

    Unfortunately, this has effected the number of posts that I’ve uploaded to my own blog, but I plan on rectifying this.  Although I have been writing a lot (and working a lot), it hasn’t showed as much because of these endeavors.  Nevertheless, I am committed to posting more on this blog and alerting you on my Facebook fan page.

    The coming year will certainly be interesting.  I believe that the economic environment will be even more challenging (and for an extended period of time); social media will continue to penetrate further into the web’s fabric and the mobile web will have a profound effect on the total web experience.  Basically, it’s a perfect storm of factors that will drive a lot of change not only into the web, but into our lives.  It’s a great time to be writing about digital innovation!

  • Jeff Eisenberg is not only Knowledgeable about the Internet, but also about Latin America

    My conversation with Jeffrey Eisenberg, co-author of the book, Call to Action

    jeffrey_eisenbergWhen I spoke with Jeff Eisenberg several days ago, I was prepared to get some valuable insights into how to effectively use the Internet to increase conversions and sales.   I was, nonetheless, incredibly impressed by how succinctly he was able to break down key concepts (nothing impresses me more than the ability to simplify the seemingly complex).  Nevertheless, I was completely flabbergasted by the fact that he had been to Latin America many times (20 times to Colombia), his Latin American heritage (his parents are from Argentina) and his fluency in Spanish.

    Jeff and his brother, Brian, are well-known experts, speakers, consultants and authors within the online sales/marketing industry and from my conversation with Jeff, it’s obvious that they intimately understand Latin America (more on this a little later).   Given the fact that Latin America is at an inflection point in terms of growth in online marketing and ecommerce, having access to world-renowned experts in the field who not only know the language, but also, the culture, should be viewed as a gift from the heavens.  Forgive the hyperbole, but Latin America is one of the fastest growing regions in the world (in some cases, the fastest) in terms of Internet adoption with over 100M users and a growth of over 30% and it’s time that companies in the region seek out the top experts in the field to take advantage of the fact that most of their customers are active online.

    The reason that Jeff is so knowledgeable about the region is that his previous job within the financial industry brought him many times to Latin America on business.  Also, his parents immigrated to the states from Buenos Aires in 1962 and since Spanish was spoken at home (as in my case), he and his brother are completely fluent.  Given this fact and the business context described above, I’m surprised that Latin American firms haven’t contacted him for consulting and speaking engagements in order to leverage the knowledge and experience that he brings after working with clients such as NBC Universal, Overstock.com, Dell and Volvo.

    Talking  about Colombia, I mentioned that, though this country is a leading technology adopter with more users on Facebook than any other Latin American country, I’ve only seen organizations with some exceptions take initial steps at developing and executing online strategies.  I also mentioned that eCommerce still has quite a ways to go.  Jeff’s answered this observation with a question: “Are we [Colombian companies] waiting for countries such as Argentina, Mexico or the US to take our market?”  In my view, that is most definitely the question to ask and this scenario will, indeed, occur if local companies don’t awaken to the opportunity.

    With respect to eCommerce, Jeff mentioned that the key catalyst for increasing activity in this area will most probably come from new mobile initiatives down the road.  Nevertheless, regardless of what happens on the eCommerce front, there is a plethora of options that Latin American organizations have available to them to interact with their customers.  Basic websites were fine to start off with, but, as Jeff mentioned, when a customer clicks on a hyperlink, that customer is asking a question such as “How much does this cost?”  If a company’s website answers that question with something like “We’re great,” the conversation has little chance of going further and a key conversion opportunity has been lost.  In the current economic environment, wasting these types of opportunities is becoming an unaffordable luxury.

    More than anything, according to Jeff, digital technologies are forcing more and more transparency on all types of organizations and this new environment can be scary.  In order to succeed, organizations need to be authentic and offer real and tangible differentiators.  Initiatives such as reputation management, online reviews and participating in online conversations with prospects and customers can yield substantial results.

    Either way you look at it, Latin America is at a crossroads.  Everyday companies are feeling more competitive pressures from outside their country’s borders, their prospective customers are flocking to digital media and differentiating themselves is getting harder.  Sticking to traditional techniques of marketing their wares at the expense of newer, more cost effective channels (where their customers are congregating), is a paradigm that will be less and less effective.  Experts such as Jeff have been working with growing stable of companies in other regions with compelling results.  The time has arrived for Latin America to begin amassing its long list of regional success stories before others do it for them.

  • Jeff Eisenberg is not only Knowledgeable about the Internet, but also about Latin America

    My conversation with Jeffrey Eisenberg, co-author of the book, Call to Action

    jeffrey_eisenbergWhen I spoke with Jeff Eisenberg several days ago, I was prepared to get some valuable insights into how to effectively use the Internet to increase conversions and sales.   I was, nonetheless, incredibly impressed by how succinctly he was able to break down key concepts (nothing impresses me more than the ability to simplify the seemingly complicated).  Nevertheless, the I was completely flabbergasted by the fact that he had been to Latin America many times (20 times to Colombia), his Latin American heritage (his parents are from Argentina) and his fluency in Spanish.

    Jeff and his brother, Brian, are well-known experts, speakers, consultants and authors within the online sales/marketing industry and from my conversation with Jeff, it’s obvious that they intimately understand Latin America (more on this a little later).   Given the fact that Latin America is at an inflection point in terms of growth in online marketing and ecommerce, having access to world-renowned experts in the field who not only know the language, but also, the culture, should be viewed as a gift from the heavens.  Forgive the hyperbole, but Latin America is one of the fastest growing regions in the world (in some cases, the fastest) in terms of Internet adoption with over 100M users and a growth of over 30% and it’s time that companies in the region seek out the top experts in the field to take advantage of the fact that most of their customers are active online.

    The reason that Jeff is so knowledgeable about the region is that his previous job within the financial industry brought him many times to Latin America on business.  Also, his parents immigrated to the states from Buenos Aires in 1962 and since Spanish was spoken at home (as in my case), he and his brother are completely fluent.  Given this fact and the business context described above, I’m surprised that Latin American firms haven’t contacted him for consulting and speaking engagements in order to leverage the knowledge and experience that he brings after working with clients such as NBC Universal, Overstock.com, Dell and Volvo.

    Talking  about Colombia, I mentioned that, though this country is a leading technology adopter with more users on Facebook than any other Latin American country, I’ve only seen organizations with some exceptions take initial steps at developing and executing online strategies.  I also mentioned that eCommerce still has quite a ways to go.  Jeff’s answered this observation with a question: “Are we [Colombian companies] waiting for countries such as Argentina, Mexico or the US to take our market?”  In my view, that is most definitely the question to ask and this scenario will, indeed, occur if local companies don’t awaken to the opportunity.

    With respect to eCommerce, Jeff mentioned that the key catalyst for increasing activity in this area will most probably come from new mobile initiatives down the road.  Nevertheless, regardless of what happens on the eCommerce front, there is a plethora of options that Latin American organizations have available to them to interact with their customers.  Basic websites were fine to start off with, but, asJeff mentioned, when a customer clicks on a hyperlink, that customer is asking a question such as “How much does this cost?”  If a company’s website answers that question with something like “We’re great,” the conversation has little chance of going further and a key conversion opportunity has been lost.  In the current economic environment, wasting these types of opportunities is becoming an unaffordable luxury.

    More than anything, according to Jeff, digital technologies are forcing more and more transparency on all types of organizations and this new environment can be scary.  In order to succeed, organizations need to be authentic and offer real and tangible differentiators. Initiatives such as reputation management, online reviews and participating in online conversations with prospects and customers can yield substantial results.

    Either way you look at it, Latin America is at a cross roads.  Everyday companies are feeling more competitive pressures from outside their country’s borders, their prospective customers are flocking to digital media and differentiating themselves is getting harder. Sticking to traditional techniques of marketing their wares at the expense of newer, more cost effective channels (where their customers are congregating), is a paradigm that will be less and less effective.  Experts such as Jeff have been working with growing stable of companies in other regions with compelling results.  The time has arrived for Latin America to begin amassing its long list of regional success stories before others do it for them.