Microsoft announced this week that it is shutting down its MSN Encarta websites around the world (except Japan). Why? Wikipedia.
Remember not so long ago when MSN Encarta was so often bundled in with other software and hardware purchases (think tax software in the U.S.)? There was a time when getting MSN Encarta for free was a big perk. Today, not so much.
According to a report by HitWise, MSN Encarta websites get less than 2% of all online encyclopedia searches while Wikipedia gets 97% (Encyclopedia.com gets the rest). Not even Microsoft can compete with Wikipedia.
It’s interesting to me that Wikipedia, which is so often criticized for inaccuracies, bias, and so on, can be so dominant. Even Google has tried to compete with Google Knol, but alas, Wikipedia remains strong. Can you think of another brand that retains so much power despite its highly publicized faults? One could argue that U.S. auto manufacturers would be an example, but recent events in that industry show sub-par performance will only get your brand so far. [Read more…] about Wikipedia Kills MSN Encarta
I often write about how important employees are as the ultimate brand advocates and ambassadors next to consumers. If your employees are treated well and truly believe in your company and your brand, then they’ll talk about it, and they’ll influence others. In the end, your sales will rise. But would your employees where Mardi Gras costumes, complete with beads, masks and more, for you?
In a what must be a painful decision, U.S. brewery Anheuser-Busch lost the right to use the brand name Budweiser in the European Union after a long legal battle with Czech brewer Budejovicky Budvar finally came to an end.
When you think of