Seth Godin

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Seth Godin
Born July 10, 1960 (1960-07-10) (age 51)
Alma mater Tufts University
Stanford University
Occupation author, marketing guru
Website
sethgodin.com

Seth Godin (born July 10, 1960) is an American entrepreneur, author and public speaker. Godin popularized the topic of permission marketing.

Contents

[edit] Background

Born in Mount Vernon, New York, Seth Godin graduated from Tufts University in 1979 with a degree in computer science and philosophy. Godin earned his MBA from the Stanford Graduate School of Business. From 1983 to 1986, he worked as a brand manager at Spinnaker Software. For a time Godin commuted every week between California and Boston both to do his new job and to complete his MBA.

After leaving Spinnaker Software in 1986, Godin used $20,000 in savings to found Seth Godin Productions, primarily a book packaging business, out of a studio apartment in New York City.[1] It was in the same offices that Godin met Mark Hurst and founded Yoyodyne. After a few years Godin sold the book packaging business to his employees and focused his efforts on Yoyodyne, one of the first online marketing companies.[citation needed] It was with Yoyodyne that Godin came up with the concept of permission marketing.[citation needed] For a period of time, Godin served as a columnist for Fast Company[citation needed]

Godin and his wife Helene now live in Hastings-on-Hudson, New York with their two sons.

[edit] Viewpoints

Godin believes that the end of the "TV-Industrial complex" means that marketers no longer have the power to command the attention of anyone they choose, whenever they choose. Second, in a marketplace in which consumers have more power, he thinks marketers must show more respect; this means no spam, no deceit and a bias for keeping promises. Finally, Godin asserts that the only way to spread the word about an idea is for that idea to earn the buzz by being remarkable. Godin refers to those who spread these ideas as "Sneezers", and to the spreading idea as an "IdeaVirus." He calls a remarkable product or service a purple cow.

Advertisements on television and radio are classified as 'interruption marketing' which interrupt the customer while they are doing something of their preference. Godin introduced the concept of "permission marketing" where the business provides something "anticipated, personal, and relevant".

[edit] Business ventures

[edit] Yoyodyne

In 1995, Godin launched Yoyodyne which used contests, online games, and scavenger hunts to market companies to participating users. In August, 1996, venture-capital firm Flatiron Partners invested $4 million in Yoyodyne in return for a 20% stake.[2] The site gained significant traction, with over one million viewers visiting the site, and companies like America Online, American Express, H&R Block, Microsoft, Procter & Gamble, Sony Music, Sprint, and Volvo using its services.[3]

At Yoyodyne, Godin developed the principle of permission marketing and authored Permission Marketing: Turning strangers into friends and friends into customers.

In 1998, Godin sold Yoyodyne to Yahoo! for $30 million[4] and became Yahoo's vice president of direct marketing, a position he held until 2000.[5]

[edit] Squidoo

In March 2006, Godin launched Squidoo, a community website allowing users to create pages (called "lenses") for subjects of interest.[6] The site donates 5% of the profits to charity, and 50% to the lensmasters. Godin and Squidoo have been profiled on CNN and the Washington Post.[7][8] The site was given top prize in SXSW's community/wiki category.[9] As of July 2008, Squidoo was one of the 500 most visited sites in the world.[10]

[edit] Other projects

[edit] ChangeThis

Godin developed the idea for ChangeThis, a website aimed at spreading ideas through PDF files.[11] In the summer of 2004, Godin hired five interns—Amit Gupta, Catherine Hickey, Noah Weiss, Phoebe Espiritu and Michelle Sriwongtong—to build and develop the website.[12] The website went live on August 14, 2004.[13] Tom Peters, Chris Anderson, and Guy Kawasaki all had manifestos featured on ChangeThis.[14] In July 2005, ChangeThis was turned over to 800-CEO-READ, the leading distributor of business literature in the United States.[15][16]

[edit] Six month alternative MBA program

In December 2008, Godin announced in a blog post that he would be offering a six month alternative MBA program at his office in Hastings on Hudson, NY.[17] 48,000 people looked at the post and 340 applied. He invited 27 applicants to his office for a group interview. They spent two hours interviewing one another. After co-mingling, they and Godin together wrote down the names of their favorite candidates. Three weeks later the chosen 9 showed up at Godin's office.[18] This group graduated in July 2009.[19]

[edit] The Domino Project

In December 2010, Godin announced on his blog that he would be working directly with Amazon on a venture called The Domino Project.[20]

[edit] Books

Godin is the author of 11 books; his Free Prize Inside was a Forbes Business Book of the Year in 2004,[21] in its first two years of release, Purple Cow sold over 150,000 copies in more than 23 printings.[22] The Dip was a Business Week and New York Times bestseller.[23][24] And Godin has called his free ebook Unleashing the Ideavirus the most "popular ebook ever written".[25] In the early 1990s he created a ten book series for children titled Worlds of Power, which was written by various writers. In each the plot of a single video game was told in a novelized form.[26]

Beginning with Permission Marketing, Godin uses the concepts discussed in the books to promote the book. For Permission Marketing, Godin gave 1/3 of the book away for free to anyone who sent an e-mail. For Unleashing the Ideavirus, Godin released the entire eBook on the Internet for free, which led to eventual publishing deals in 41 countries and a public speaking career. For Purple Cow, Godin created a milk carton container for the book which generated attention from work colleagues. For Tribes, Godin launched an exclusive online community for the first 3000 people who pre-ordered the book. For Linchpin, Godin gave the book away for three weeks before its release for free to anyone willing to give $30 to the Acumen Fund for the $20 book, and raised $100,000 for the Acumen Fund.

[edit] Bibliography

[edit] Blog

Godin's Seth's BlogCite error: Closing </ref> missing for <ref> tag; see the help page

[edit] References

  1. ^ http://www.businessweek.com/smallbiz/news/columns/98-06/e3564029.htm
  2. ^ Point, Click, Here's the Pitch BusinessWeek February 9, 1998
  3. ^ Yahoo! to Acquire Yoyodyne Earthweb News. October 12, 1998.
  4. ^ Yahoo Acquiring Yoyodyne Wired.com. October 12, 1998.
  5. ^ Seth Godin on SLA.org.
  6. ^ Eric Enge Interviews Seth Godin on Stone Temple Consulting. June 20, 2007
  7. ^ Wong, Grace Make Money with Squidoo CNN. February 10, 2006
  8. ^ Squidoo Washington Post. January 8, 2006.
  9. ^ Squidoo Honored at 10th SXSW Interactive Web Awards on Viget Labs. March 14, 2007
  10. ^ Traffic Details: Squidoo.com on Alexa.com. Retrieved July 18, 2008
  11. ^ ChangeThis
  12. ^ ChangeThis FAQ ChangeThis.
  13. ^ ChangeThis Is Now Live Seth Godin's Blog. August 14, 2004.
  14. ^ Whatever Happened to ChangeThis? Seth Godin's Blog. "We featured authors as diverse as Tom Peters, Amnesty International, Chris Anderson, Hugh Macleod, George Lakoff and Guy Kawaski."
  15. ^ ChangeThis Returns on 800-CEO-Blog. July 1, 2005
  16. ^ Progressive "ChangeThis" Under New Stewardship on bnet. September 12, 2005
  17. ^ If you could change your life... blog post by Seth Godin
  18. ^ The Apprentices Forbes Magazine. April 27, 2009
  19. ^ "Graduation Day". http://sethgodin.typepad.com/seths_blog/2009/07/graduation-day.html. 
  20. ^ The Domino Project blog post by Seth Godin
  21. ^ "Forbes.com Business Book of the Year". Forbes. http://www.forbes.com/business/2004/12/07/cx_da_bizbookslide_11.html?thisSpeed=25000. Retrieved 2008-05-25. [dead link]"
  22. ^ Hogan, Ron (2005-05-16). "How to Succeed in Business (Books)". Publishers Weekly. http://www.publishersweekly.com/article/CA601439.html. Retrieved 2008-05-20. [dead link]"...reports that the two-year-old title has more than 150,000 copies in print after 23 printings"
  23. ^ Business Week Bestseller List: October 8th, 2007
  24. ^ New York Times Bestseller List: June 8th 2007
  25. ^ Self-evangelism: How the top self-branders sell themselves. Valleywag.
  26. ^ People (magazine), July 30, 1990, "Worlds of Power" series review by Ralph Novak

[edit] External links

Personal tools
Namespaces
Variants
Actions
Navigation
Interaction
Toolbox
Print/export
Languages