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	<title>The Next Web &#187; social networks</title>
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		<title>Korea&#8217;s Kiwiple is mixing augmented reality and social networks, with plans to go global</title>
		<link>http://thenextweb.com/asia/2012/03/06/koreas-kiwiple-is-mixing-augmented-reality-and-social-networks-with-plans-to-go-global/</link>
		<comments>http://thenextweb.com/asia/2012/03/06/koreas-kiwiple-is-mixing-augmented-reality-and-social-networks-with-plans-to-go-global/#comments</comments>
		<pubDate>Tue, 06 Mar 2012 05:45:21 +0000</pubDate>
		<dc:creator>Andy Tebay</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Mobile]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[apps]]></category>
		<category><![CDATA[asia]]></category>
		<category><![CDATA[augmented reality]]></category>
		<category><![CDATA[korean startups]]></category>
		<category><![CDATA[social networks]]></category>

		<guid isPermaLink="false">http://thenextweb.com/?p=321235</guid>
		<description><![CDATA[<img width="486" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2012/03/ar-headset-486x245.jpg" alt="ar headset" title="ar headset" /><br />Kiwiple is largely unknown on the global stage for now, but the company has an ambition to take its unique vision of augmented reality-based social networks to a larger audience...]]></description>
			<content:encoded><![CDATA[<img width="486" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2012/03/ar-headset-486x245.jpg" alt="ar headset 486x245 Koreas Kiwiple is mixing augmented reality and social networks, with plans to go global" title="ar headset 486x245 photo"  /><br /><p><a href="http://kiwiple.com/about/">Kiwiple</a> is largely unknown on the global stage for now, but the company has an ambition to take its unique vision of augmented reality-based social networks to a larger audience worldwide.</p>
<p>The company’s social network service &#8212; <a href="http://ovjet.com/">Ovjet</a> &#8212; grabbed national attention in Korea when it was part of a television advert in 2010 as a new Android service on SK Telecom’s network. The advert, which is below, showed a man scanning the room with a cellphone camera to find for information before he used it on his co-worker.</p>
<p><iframe width="500" height="375" src="http://www.youtube.com/embed/SnFBpoJ5RX4?fs=1&#038;feature=oembed" frameborder="0" allowfullscreen></iframe></p>
<h3>Ovjet: Flagship Product</h3>
<p>Through the publicity, Ovjet received a lot of interest and by December last year the app had been downloaded more than 11 million times. Ovjet integrates social media and augmented reality to provide a user with an experience that uses the technology to provide real-time information and communicate with others.</p>
<p>Now available for<a href="http://itunes.apple.com/us/app/id396392417?mt=8"> iOS</a>, the service can loosely be described as a mix between Foursquare, Twitter, Facebook, Instagram, and location-based dating apps, which are popular in Korea.</p>
<p>While there are several other augmented reality apps on the market which can be used to find the location of restaurants and bars nearby, Ovjet takes the technology a step further by incorporating many other areas that aren’t usually covered.</p>
<p>The app includes a wide range of places, including apartment buildings, parks, pharmacies, bus and subway stops, churches, banks and many more. Tapping the desired location brings up information about it, including phone number, and an address linked to a Google Maps location, while news articles related to the area are also shown.</p>
<p><a href="http://thenextweb.com/asia/2012/03/06/koreas-kiwiple-is-mixing-augmented-reality-and-social-networks-with-plans-to-go-global/ovjet4/" rel="attachment wp-att-321238"><img class="size-full wp-image-321238 aligncenter" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2012/01/ovjet4.png" alt="ovjet4 Koreas Kiwiple is mixing augmented reality and social networks, with plans to go global" width="518" height="382" title="ovjet4 photo" /></a></p>
<p>Though the app does not work directly on people as the advert playfully suggests, Kiwiple definitely wants Ovjet to connect users and thus the app has been designed as a social network. Users can “follow” the page of any location, person or other object &#8212; in a similar fashion to Twitter  &#8211; and the latest info can be seen as a feed.</p>
<p>Most other features of social networks, such as comments, likes and creating groups, are also integrated into the platform. Another key feature is the option to search and locate other Ovjet users in your immediate vicinity, though this is limited to users who agree to reveal their location via the service.</p>
<p>Users can express themselves with tags that, in typically Asian fashion, allow them to label themselves with categories like cute, kind, athletic and more. These descriptive tags are designed to help users find and choose people to interact with on the service.</p>
<p>For the more superstitious, users can even point their device towards the sky to view the position of the stars and follow others with specific star signs. Other bonus features include a QR code scanner and “Gifticons”, electronic gift coupons that can be sent for friends to use at local stores.</p>
<h3>Impressive Growth</h3>
<p>Kiwiple was founded in August 2009 with a team of just seven people. Although the company initially formed its own capital of 200 million won ($178,000) Kiwiple secured a 300 million won ($267,000) investment just two months after forming.</p>
<p>CEO Shin explains that this welcomed news may have had a side-effect on the company:</p>
<blockquote><p>I’m not sure if it was a good thing, because we received funding so quickly and so easily, we thought that if you just worked hard you would receive investment.</p></blockquote>
<p>Nevertheless, Kiwiple has continued to show promise and received 1.5 billion won ($1,336,000) of investment capital last summer and it reached break-even point in November last year. The company is continuing to develop the app and recently released a lighter version of Ovjet which was well received.</p>
<p>The company is well known in its native Korea, where many have seen and used the startup’s product already, as Shin outlines:</p>
<blockquote><p>This year the most important goal for us is entering the U.S and European markets. Having already reached break-even point through advertising, we now intend to focus on stabilizing growth.</p></blockquote>
<p>We&#8217;ve seen a range of mobile-based starts in Korea look to overseas markets and, with Google now helping the nation&#8217;s startps, Kiwiple could be one of the next wave of services to grow its international ambition.</p>
<p>We&#8217;ll keep you posted on its global plans but for now it is available in Korea only.</p>
<p><em>Note: The headline image is not a Kiwiple user as the service just needs a phone&#8230;sadly there&#8217;s no use for clunky AR headsets, cool as they are.</em></p>
<p>➤ <a href="http://kiwiple.com/about/">Kiwiple</a> | <a href="http://ovjet.com/">Ovjet</a></p>
<p><a href="http://venturesquare.net/"><img src="http://f.cl.ly/items/1T051n1V2h2J2T2i3J0w/in%20association%20with%20venture%20square.png" alt="in%20association%20with%20venture%20square Koreas Kiwiple is mixing augmented reality and social networks, with plans to go global" width="520" title="in%20association%20with%20venture%20square photo" /></a></p>
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		<title>Our obsession with social networks guarantees their advertising power</title>
		<link>http://thenextweb.com/socialmedia/2011/12/22/our-obsession-with-social-networks-guarantees-their-advertising-power/</link>
		<comments>http://thenextweb.com/socialmedia/2011/12/22/our-obsession-with-social-networks-guarantees-their-advertising-power/#comments</comments>
		<pubDate>Thu, 22 Dec 2011 00:52:22 +0000</pubDate>
		<dc:creator>Drew Olanoff</dc:creator>
				<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[ads]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[google]]></category>
		<category><![CDATA[obsessed]]></category>
		<category><![CDATA[obsession]]></category>
		<category><![CDATA[Social Networking]]></category>
		<category><![CDATA[social networks]]></category>

		<guid isPermaLink="false">http://thenextweb.com/?p=301487</guid>
		<description><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/12/231050020_f29b2f749a_z-520x245.jpg" alt="231050020_f29b2f749a_z" title="231050020_f29b2f749a_z" /><br />In a comScore study posted today, we are reminded of what we already knew; Facebook is an absolute beast when it comes to cornering people&#8217;s time online. For example, this...]]></description>
			<content:encoded><![CDATA[<img width="520" height="245" src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/12/231050020_f29b2f749a_z-520x245.jpg" alt="231050020 f29b2f749a z 520x245 Our obsession with social networks guarantees their advertising power" title="231050020 f29b2f749a z 520x245 photo"  /><br /><p>In a <a href="http://www.comscore.com/Press_Events/Press_Releases/2011/12/Social_Networking_Leads_as_Top_Online_Activity_Globally?utm_source=feedburner&#038;utm_medium=feed&#038;utm_campaign=Feed%3A+comscore+%28comScore+News%29">comScore study posted today</a>, we are reminded of what we already knew; Facebook is an absolute beast when it comes to cornering people&#8217;s time online.</p>
<p>For example, this stat seemed so insane, I thought it was fake at first:</p>
<blockquote><p>Social networking accounts for nearly 1 in every 5 minutes spent online in October 2011</p></blockquote>
<p>Social networking is a hobby of 82 percent of the global Internet population, which sits at around 1.2 billion users.  Just a reminder, <a href="http://www.thenextweb.com/facebook">Facebook</a> has over 800 million users.  Facebook most definitely owns social networking.</p>
<h3>Stats and Thoughts</h3>
<blockquote><p>In October, Facebook reached more than half (55 percent) of the world’s global audience and accounted for 1 in every 7 minutes spent online around the world and 3 in every 4 social networking minutes.</p></blockquote>
<p>Facebook&#8217;s users aren&#8217;t just loyal, they&#8217;re obsessed.  These types of numbers show that the features that social network is building have one goal; to keep you on Facebook, and not let you leave.  If you take a look at the most recent changes on the site, such as the Ticker and <a href="http://thenextweb.com/facebook/2011/12/20/facebook-timeline-confusion-leads-some-users-in-finland-to-close-their-accounts/">Timeline</a>, they&#8217;re built to keep you digging into someone&#8217;s profile and content.</p>
<blockquote><p>In October, Twitter reached 1 in 10 Internet users worldwide, growing 59 percent in the past year.</p></blockquote>
<p>Facebook&#8217;s game is engagement, while <a href="http://www.thenextweb.com/twitter">Twitter</a> is surging to touch as many people as possible.  It&#8217;s safe to say that Twitter will never get anywhere close to the engagement numbers that Facebook has, and it doesn&#8217;t want them.  With its <a href="http://thenextweb.com/twitter/2011/12/18/want-to-embed-tweets-but-dont-have-access-to-new-twitter-heres-how/">latest redesign</a>, the site is becoming easier to use, as Facebook is becoming more complicated.  Twitter is betting that simplicity will win out, and eyeballs for any amount of time is key.  The company actually has a shot to get more eyeballs in 2012 than Facebook if it stays focused and keeps being integrated into every mainstream property possible.</p>
<blockquote><p><a href="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/12/facebook-mom-stalker1.jpg"><img src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/12/facebook-mom-stalker1-221x300.jpg" alt="facebook mom stalker1 221x300 Our obsession with social networks guarantees their advertising power" title="facebook mom stalker1 221x300 photo" width="221" height="300" class="alignright size-medium wp-image-301538" /></a>People age 55 and older represented the fastest-growing age segment in global social networking usage, increasing nearly 10 percentage points since July 2010 to 80 percent in October 2011.</p></blockquote>
<p>Have you noticed that it&#8217;s not just your friends and college buddies on Facebook anymore?  Mom&#8217;s using it, grandma&#8217;s using it, cousins, uncles, everyone.  This will be an interesting trend to watch, because I think that this particular age group will be the one that gets Facebook to 1 billion users.</p>
<p>Survey says? We&#8217;re obsessed.  Seriously, and in some cases unhealthily, obsessed with social networking.</p>
<h3>Will the obsession turn into dollars?</h3>
<p><a href="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/12/139-Twitter-_-Home.jpg"><img src="http://cdn.thenextweb.com/wp-content/blogs.dir/1/files/2011/12/139-Twitter-_-Home.jpg" alt="139 Twitter   Home Our obsession with social networks guarantees their advertising power" title="139 Twitter   Home photo" width="269" height="190" class="alignright size-full wp-image-301536" /></a>2011 was the year of data collection.  Facebook and Twitter have made its services easier to use so you can share more.  The sites know a lot about you based on the things you&#8217;ve told them, so 2012 will be the year of capitalizing on it.</p>
<p>Facebook will be placing ads in the News Feed next year, and is hoping to collect your clicks and crank up those ad dollars before it goes public.  Twitter is planning similar advertising approaches, hoping to capitalize on your obsessive use of the service, with an ad that fits your likes.</p>
<p>We know that ads are coming, but &#8220;will they work?&#8221; is the true question.  Seeing as Google AdWords have done quite well for the company, they probably will.</p>
<p>Why? Because Google was the first online service that people got obsessed with. &#8220;Facebooking&#8221; is the next &#8220;Googling&#8221;, and the money will follow.  We&#8217;re obsessed with TV, too.  Advertising on television isn&#8217;t what it used to be though, mainly because of the Internet.  What are we doing instead of watching TV? We&#8217;re on Facebook.</p>
<p>Get the picture? Obsession = $$$.</p>
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