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Everyone Wants To Be Twitter And Hulu

The article was alright, but I liked this quote from the comments:

Is there any analogy to this from any previous time period?
Twenty years ago, if you wanted to be successful in, say, the sneaker
industry, wouldn't you ask "what is Nike doing right?" instead of "what
is that new, kinda trendy, but wildly unprofitable and perhaps
unsustainable sneaker startup down the block doing right?"

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CHART OF THE DAY: If Don Draper Weren't A Fictional Character From 50 Years Ago, He'd Be All Over Hulu (CMCSA, NWS, DIS)

Hulu's business mission to stuff its pro-quality web video full of ads is working: The site's viewers watch significantly more ads per month than other pro-quality web video sites.

In June, Hulu watchers saw 24 ads each, on average, as they watched an average 135 minutes of video on the site, according to comScore.

That's higher than Hulu's rival sites, but it's obviously much lower than the number of commercials people watch monthly on TV. If you figure each hour of TV has 15-16 minutes worth of ads, someone could see as many 30- and 60-second ads in 2 hours of TV-watching as in a whole month of Hulu-watching (assuming they aren't skipping them with a DVR). And since the average person watches almost 160 hours of TV per month, per Nielsen, well... you get the idea.

Still, at least the ads-per-hour rates are similar. And at least all those ads aren't scaring Hulu's viewers away.

SAI chart Hulu ads

Follow the Chart Of The Day on Twitter: @chartoftheday

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The OpenAppMkt Is Here To Break Down Apple's Walled Garden (AAPL)

openappmkt

OpenAppMkt is a just-launched, open alternative to Apple's "curated" App Store, gathering the best web-apps into one place.

One constant criticism of Apple is the fact that its App Store is too rigid and capricious, keeping out too many apps. Steve Jobs dismissed this critique at the iPhone 4 unveiling, saying Apple approves 95% of the apps it sees within 7 days. To further suppress criticism, he also noted Apple supports HTML5, "a fully open, uncontrolled platform."

OpenAppMkt is trying to corral all the HTML5 apps into one place with a clean interface that resembles the App Store. CEO Teck Chia tells us he wants to create an open alternative for developers to submit apps, and hopefully make some money. (For paid apps, OpenAppMkt keeps 20% of sales, versus the 30% Apple takes.)

It's hard to monetize and distribute web applications, so developers tend to use the Android Market or the App Store, even though Chia says, "a lot of developers use HTML and java script to make apps, then compile it into other code."

He wants to provide an opportunity for developers to make one web-based app and have it work on both Android and the iPhone. OpenAppMkt is only available on the iPhone now. Android support is coming soon.

Obviously, it's going to be hard to get the average user to use the OpenAppMkt. The App Store is already baked into the phone. And the Android Market is a big distribution point for Apps on Android, though it has web-alternatives of its own.

While Apple might talk a big game when it comes to supporting HTML5, we doubt OpenAppMkt will be featured on Apple.com any time soon. So, OpenAppMkt will probably remain a very tiny player in the app world. But, it's a good idea, and we think the execution is pretty good from our limited use.

If developers are sick of dealing with Apple, and they want an alternative, OpenAppMkt looks pretty good.

Click here to see how OpenAppMkt works >

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How I Started Charging For What I Used To Give Away Free And Got Away With It

Scott Heiferman's company, Meetup, has a new product out called Meetup Everywhere.

"It's about making one tweet or one blog post and saying 'Hey, go meet up with each other,' and give them that one link to meetup.com/whatever," explains Heiferman.

People do have the desire to talk about something they're passionate about with other people, and organizations can summon their consumers/audience together to talk about their product or cause by just providing a 'meetup' link.

This services is free, but Meetup has radically changed its business model to charging fees for organizing other meetings. Watch Scott discuss how a paid service model affected his company and turned inot an eight-figure revenue.

Also Watch Lessons For Entrepreneurs From Entrepreneurs With Scott Heiferman

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Produced By: Kamelia Angelova & William Wei

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