Showing posts tagged Linked Data

Profitable Linked Data

@jaymyers’ talk from Best Buy

Product attributes are valuable data, and it’s the secret behind the passion of Linked Data that Jay is presenting on.

The goal (personal) is to “provide more visibility to products, services, and locations to humans and to machines.”

The good news, for retailors, is that the tools are already available!

RDF(a), Microformats, GoodRelations, and HTML

Use Case:

Brick and mortar stores (Best Buy)

Location info (i.e. where the store is) is locked away, it’s siloed. So, the first step was to publish a page for every store. You can think of each store (or page about the store) as a bundle of interesting data (where the store is, what’s in stock, when’s it open?)

The next step was to change the pages into individual blogs. Each store has two people who can update the blog with very simple data, like changes to opening times. Behind the scenes, they’re publishing metadata about the store, as RDFa in GoodRelations.

Big, unintentional win, being a huge increase in search traffic without any intentional keyword or other traditional SEO investment. Sounds, to me, a lot like the results BBC’s wildlife finder found.

Use Case

Open Box Products (i.e. returned, fully-functioning goods)

The stores can be seen as a little data silo, holding information on how many, of which products are being returned.

This costs the industry billions.

So, the store employees were given a form with the SKU number of the returned product, and a few fields for what the discount was (i.e. how much it should have been, and by how much it was discounted), as well as the reason for its return.

This is published as RDFa, and they’re seeing the beginning of a relationship between products, returns, locations and reasons emerging.

Business Benefits

  • SEO and product visibility (semantics are hugely useful for these)
  • Reduction of proprietary data feeds.

Linked Data in Publishing 2

Case Study for Semantics in Online Publishing

Luca Scagliarini

“Is the Great American Newspaper dead?”

The existing business model is facing huge decline. Online advertising has now surpassed newspapers (I’m surprised this hadn’t happened a long time ago?)

But online versions of newspapers report an increase in readership. NYTimes tops the list of online newspapers on this list.

il Sole 24 Ore, an established Italian newspaper (since 1865). It’s a business newspaper with a huge circulation (8 million weekly), the highest business newspaper readership in Europe.

Cogito pitch about how they helped il Sole 24 Ore apply semantics to their online newspaper.

Main suggested benefits:

  • increased monetisation of content (stickiness helped)
  • Better user experience
    • access to more relevent content
    • improved access to search results (using personalisation)
    • more related news
  • “Maximized Efficiencies in Publishing Activities”
    • automatic semantic tagging and categorisation (suggestion of linguistic processing)
    • simplified the hardest editorial tasks (eh?)
    • freeing up editors’ time

User experienced are increased by NLP in search. The publisher advantages are reduced operational costs, and increased advertising revenues.

NLP helps, semantic technology makes the difference, but I’m confused as to what is being used as “semantics” from this talk. Luca says semantics is more than just standards. But I’m not sure which things it is, then.

Linked Data in Publishing

Semantics becomes a buzzword, especially marketted and sold to publishers.

Using semantics to find, compile and curate pieces of information. The metadata needs to handle many different levels of granularity. So, if I wanted to compile a cookbook of Italian deserts, I’d need information on:

  • what’s a desert?
  • which are Italian?
  • is Sicilian also Italian?
  • are there images?
    • licensed for use?
    • print-resolution?

“Semantic Technology lets you store whatever metadata comes along.”

It’s important to distinguish proper semantics from what’s being sold to publishers… disambiguate the buzzword and sales tactic from the benefits of metadata and reasoning. Standards help here, and the publishing world is good at standards. (CF Dublin Core)

You can use RDFa in publishing standards (other than HTML), which could be powerful for metadata management in publishing.

SKOS for maintaining taxonomies and thesauri can make the Open-World assumptions of OWL-like logic less scary to publishers.

SPARQL results in XML… it’s what publishers know and use all the time.

So:

  • Use standards
  • Apply existing semantic tools to their datasets
  • Learn from their experience in metadata… they’ve done a lot!

The slide Scott Brinkler showed at the “Business Models for Linked Data” talk at SemTech.

It’s from “Chief Marketing Technologist” blog.

Business Models for Linked Data

Scott Brinkler is discussing 15 business models for publishers of Linked Data… all on one slide.

Looks like a bit of a layer-cake of business models.

  • Subsidised/PUblic Service (unpaid)
  • Licensing
    • Microtransactions
    • Subscriptions
    • Freemium
  • Paid inclusion
    • Sponsorships
    • Advertising
  • Marketplace
    • Affiliate Program
    • Affiliate Participation
      • Value-Add / Loss Leader
      • Traffic Generation / SEO
        • Branding
  • Data Branding

So this is an overview of ways of businesses making data publishing part of their business structure. Ranging from those who can do it as part of a public remit (I’m guessing BBC-like) right the way to those selling the data themselves.

Also, and most interesting to me, are the ways you can use it to bulster existing business. Not everyone needs to become a Linked Data publisher as a primary facet of their company. But, doesn’t LD make it easier to share what you do? It increases SEO and gives an additional layer to the branding of a business.

What difference does Linked Data make to your business?