- Important documents for entire PhD Process
- Registration Checklist
- Application To Be Made Before Presentation
- Registration Presentation Report
- Progress Seminar Presentation Report
- Format for Invitation Letter
- Guidelines for PhD (Presentation by first PhD Student from DoT)
- Important Formats (Useful for various reports to be submitted during PhD)
- Seminar Presentation Template
- Seminar Report Word Template
- PhD Thesis LaTeX Template
- List of SPPU Recognized PhD Guides for DoT
- SCI (Science Citation Index) Recognized Journals
- PhD Rules Applicable to PhD students registered from July 2009 to July 2016
- PhD Rules Applicable to PhD students registered after July 2016
Snehkumar Shahani
Thursday 20 January 2022
SPPU DoT - PhD Guidelines
Important documents helpful for PhD process at Dept of Technology
Sunday 6 March 2016
Tweet-o-commerce: Impact on e-Commerce and Digital Marketers
This article is in continuation
to my previous article on “Tweet-o-Commerce”.
[Link: http://snehshahani.blogspot.in/2014/12/tweet-o-commerce.html].
Previous article describes Tweet-o-commerce and how it will change the way we purchase real time products. Once Tweet-o-commerce becomes successful it will have a huge impact
on traditional e-Commerce platforms and digital marketers. e-commerce platforms
might have to modify the way in which they work and include real time component
while digital marketers will get a new tool to sell new kind of products as
well as old ones.
Difference from Traditional e-commerce platforms: Push vs Pull
Traditional e-commerce platforms
are optimized for ‘pull’ of a product. They have search facility,
categorical/hierarchical arrangement of products to enable better searching. While
“Twitter” is optimized to ‘push’ the product as it has UI for advertising.
People come to “Twitter” not just to purchase but to get their daily feeds and
in this session our advertisements can be pushed. Though “Twitter” has facility
to search in the form of #hashtags but it is not well structured as compared to
traditional e-commerce engines.
Impact on e-Commerce platforms
Current e-commerce platforms will
have to evolve a lot to compete with Tweet-o-Commerce if it becomes successful.
This is due to the intuitive nature of Twitter, which provides excellent user
experience and ease of purchase by just few taps on mobile platform. So
traditional platforms will have to attempt making certain changes in order to
compete with Twitter. For example they may start providing live updates of new
items in their platform.
One thing that traditional e-commerce
platforms are good at is they provide highly intuitive interface in ‘pulling’
the items that customer wants, while Twitter will be a very good platform in
‘pushing’ items to the potential customers. So customers will still go to
traditional e-commerce platform for pulling the product. So the traditional e-commerce
platform may attempt to provide ‘push’ functionality by using gadgets described
below.
Gadget 1: Recommender Gadget
Recommender gadget will show
currently hot items in market. This gadget should have capabilities to
provide/show personalized items based on the interest of current user. This
personalization may be done based on cookies or the user profile. This can be
done by using different profiling techniques.
Gadget 2: Pub-Sub gadget
E-commerce engines will have to
develop mechanisms to provide push messages to their users. These mechanisms
can be in the form of publisher-subscriber where customers will get push feeds
only for the type of items for which they subscribe. For Twitter this can be
done by using keywords in the form hash tags. User will subscribe to a set of
hash tags.
Impact on the life of Digital marketers
Digital marketers definitely get
a new tool to play with, with the advent of Tweet-o-Commerce but they will need
to add new skills to their current portfolio. Digital marketers will have to
acquire domain knowledge of temporal items and design new ways to sell those.
This would be a totally new domain added to digital marketing portfolio if this
becomes successful.
Such a marketer should be able to
prepare catchy one liner advertisements which should convey the message in
short. They should be able to track the sale in real-time and modify the
campaign accordingly at the same time. Time is very important in such push
based real time commerce. So taking decision to modify the campaign should be
very fast. Apart from that retrospective analysis of the impact of a push
message has to be done quickly to ensure that same mistake is not repeated.
Conclusion: Push based e-commerce will have a major impact on the
way we think and if successful it will revolutionize the digital marketing by
opening a new market segment of selling those items which were not being sold
through computer based platform.
Disclaimer: The terminology introduced in the article like Buying
Tweet, Tweet-o-commerce are author’s own and does not reflect Twitter’s views
on the same. These terminologies are introduced with an intension of increasing
the readability of the article.
Monday 1 December 2014
Tweet-o-Commerce
Twitter, a social networking
platform, started showing clear intentions of adding an e-commerce engine to
Twitter when it hired Nathan Hubbard. Nathen was CEO and president at
TicketMaster, a stable e-commerce platform for selling tickets. Nathan joined
as head of commerce at Twitter. After working for one year with a vision to
transform Twitter into an e-Commerce platform finally they have come up with a
great test plan for Tweet-o-commerce. Currently this functionality is in test
phase for limited people residing in the US.
How Buying Tweet Works?
Twitter has now introduced a
concept of “Buying tweet”. This tweet will have a “Buy” button along with the
product description in 140 characters and an optional image. The specialty of
the buying tweet is that it allows us to perform the complete purchase
seamlessly without leaving the Twitter platform. It also allows us to store
information of credit card in an encrypted form with Twitter and remove at our
will. Once the information is stored with Twitter whole purchasing experience
is just a matter of 3-4 taps on a mobile device. For a user with account details
stored within Twitter, a click/tap on “Buy” button will lead to a form that will ask
for quantity (default 1) and delivery address (default address possible to
store). Then the next page will confirm the purchase. This kind of ease
of marketing is like a dream come true for digital marketer but for the user it
may result into compulsive shopping.
What is Buying Advertisement?
A "Buying tweet" can also be promoted
like a normal tweet. A promoted tweet acts as an advertisement more precisely a
buying advertisement. The unique selling proposition (USP) for this
advertisement is that we can purchase directly from the advertisement
tweet in just a matter or 3-4 clicks/taps. This also allows end to end tracking of the
success of the purchase. This generates a new career for temporal
digital advertiser who will sell temporal items through Tweet-o-commerce.
Different views on Tweet-o-commerce
Social Networking point of
view: People usually come to a social network to socialize and not to
purchase. So many people will be disappointed to see twitter turn in to a full
blown e-commerce engine.
User experience point of view:
If someone really intends to purchase, the Tweet-o-commerce provides a seamless
experience of purchasing instead of the experience of redirecting to some other
portal from where we lose track.
Security point of view: If
purchase is made directly through Twitter, an established organization, which can
be trusted as compared to third party e-commerce platform it increases trustworthiness
thereby increasing security.
e-commerce engine point of
view: Tweet-o-commerce engine is very different from traditional e-commerce
engines as it is innovative due to its ability to sell temporal items also.
Advantage Twitter
The USP of Twitter is its real
time nature. People use “Twitter” to get news before anyone else. Someone did a
study to compare the speed of reporting any incident on TV news reported by live reporters at the spot of incident and Twitter. Surprisingly Twitter won that by few seconds. The real time component of
Twitter cannot be replicated anywhere else. So items of temporal nature can get
global customers only through Twitter.
An example of items of temporal
nature is Bus Tickets that get cancelled at the last moment and have to be sold
by the people managing the bus from inside like drivers, conductors which
increases their work. Such tickets can be sold through via Twitter buying
tweets. Publishing these tickets through e-commerce platform would not help as
much as the Twitter can help in this case.
So Twitter has an opportunity to
open a whole new arena if temporal items start flowing through Twitter.
Partners and Sellers
The buying tweet will have a
‘Buy’ button. Payment will be processed on click of ‘Buy’ button. Partner
organization ‘Stripe’ will initially process payments for Twitter. Twitter has
also acquired a payment startup ‘CardSpring’ and it seems that they will build
their own payment platform if the experiment succeeds. Gumroad is a partner
e-Commerce platform providing sellers to Twitter. Initially Fancy, Gumroad and
Music today will be selling through Twitter to selected audience in the US.
Twitter: e-Commerce or Social network; Story of Hovercraft
When hovercraft was invented the
creators went to Air transport department but it got rejected on the grounds
that it did not fly. They then went to shipping companies, where they faced
rejection as it did not float on water. This required Hovercraft to create a
separate market segment as it was totally a different and innovative thing. Similarly
Twitter and Tweet-o-commerce are highly innovative and different from
traditional e-commerce and social media platforms.
When Twitter became popular
people tried to classify that as a social networking platform but it was not
like traditional social networking platforms. Then they tried to classify
Twitter as a blog engine but as the size of articles on Twitter is very small
they came up with a new name “Micro-blogging platform”. Now with the
introduction of e-commerce people will again try to classify Twitter into
e-commerce but again this time they will fail to do so. Actually Twitter is a
perfect blend of many good qualities of success platforms and has a lot of
innovative features too.
Concluding Remarks
Even if we consider
Twitter-o-commerce to be separate application it has a real time component that
does not exist anywhere else. So in conclusion Twitter is just Twitter and not
a social network, a blogging platform or an e-commerce platform.
Next article: Impact of Tweet-o-commerce on e-commerce and Digitalmarketing. [Link: http://snehshahani.blogspot.in/2016/03/tweet-o-commerce-impact-on-e-commerce.html]
Thursday 20 March 2014
CricAnalytics: Analytics in Cricket
I don't usually watch cricket but off lately I got a chance to watch one after a long time. It
is surprising to see the effect of Analytics in cricket. With the advent of low
cost big data and analytics technologies and ease of access to them, we can see the penetration of such analytics into many real-time applications like cricket.
While watching the match I noted down some of the insights that were
being flashed on the screen. Some of them are as below.
- Whenever Hafeez scores 30+ and takes 2 wickets Pakistan wins
- Chances of winning and WASP
- Other reporting like Balls per dismissal vs off spin and India average
It is really great to see the effect of analytics into cricket. Let us
try to understand above use cases.
1) Whenever Hafeez scores 30+ and
takes 2 wickets Pakistan wins
Let us try to understand the above statement by dividing it into parts “If (Hafeez scores 30+)
+ (Hafeez takes 2 wickets) then (Pakistan wins)”. Such insights can be
determined by using Bayesian learning to search for the conditions in which (Pakistan
wins).
The algorithm to find out insights of this type would take all the matches that Pakistan won making the later part of the statement true and then it would take the scores of all players along with one other parameter like number of wickets taken. Once this list is generated we can get the minimum score and minimum number of wickets taken. Then we would filter out the players having less than significant score and significant number of wickets. This would leave only a few players. This data can then be normalized into whole numbers to increase the level of confidence.
2) WASP: Winning and score
predictor and Chances of winning
Wikipedia defines WASP(Winning and Score Predictor) as “a calculation tool to predict scores and possible results of a cricket
match.”
It gives the probability of winning for the batting team. This is first
of its kind insight that can provide real time insights to understand the
probability of winning.
Dr Seamus Hogan (Co-creator, WASP) describes WASP as follows:
“Let V(b,w) be the expected additional runs for the rest of the innings
when b (legitimate) balls have been bowled and w wickets have been lost, and
let r(b,w) and p(b,w) be, respectively, the estimated expected runs and the
probability of a wicket on the next ball in that situation, we can then write,
V(b,w) = r(b,w) + p(b,w) V(b+1,w+1) +
(1-p(b,w))V(b+1,w)”
This model works on Dynamic programming model so that we need not
calculate V for all the possibilities.
V(b+1,w) and V(b+1,w+1) are calculated by using linear regression on data
points. The second innings model is a bit more complicated, but uses
essentially the same logic. As a drawback this model cannot handle scenarios
like what to do when a retired batsman returns.
3) Other reporting
Analytical reporting is the difference in what commentators of past used to get during the match and what modern commentators get. Earlier commentators could ask the back office team to show snippet of last match like “Show the ball on which Yuvraj got out in the match last week”. On such request the back office member would manually search for the tape in the record and open the exact tape connect that to the tape of the current snippet on the roll and play them together.
But now with the big data technologies in place now they can ask for insights
like Balls per dismissal vs off spin, Average, India average (Average
against India), etc. Then the data professional in the back office can immediately run
the query and provide the insight on screen.
Concluding remarks
It is sad to see that qualified data scientists are involved in providing analytical insights for cricket instead of working on topics of social interest like improving life of poor but still it is good that some good work is happening in the field of data science. So we can hope that in near future data science as a branch will evolve bringing about more data scientists to work on matters of social interest also.
Monday 9 September 2013
My first blog post
This is my first blog post on blogger. I am really excited to start my journey in the world of blogging.
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