When I consider sites like Facebook, Twitter, and YouTube, and consider what qualities these sites have that result in enough energy to shift the current placement of our (tectonic) plates, and push us into a new technological era, it becomes apparent that regardless of whether our need is to Communicate, or Community build, what really results in this kind of motion and transformation, is that these sites are tapping into some of our pretty basic and core needs, and when given the opportunity, we are naturally energized to act upon them.
This past Friday, I was re-introduced to this concept I've been mulling over from a new angle. I attended Maryland's Smith School of Business 10th Annual CIO Forum. A panel was held called "Business Models and Sector Transformation." Of the speakers, Premal Shah, President of an organization called Kiva.org, a non-profit with the mission to "connect people through lending for the sake of alleviating poverty" spoke about when creating a site with the goal of making a big splash, concentrate on creating an "addictive user experience."
"Addictive user experience."
When Premal put this phrase out there, my somewhat amorphous ponderings of what makes people come back to certain sites day after day suddenly took on a more understandable shape. I put myself in the shoes of any random Joe, with access to the internet, a little bit of disposable income, and a penchant for getting that "feel good" vibe when doing something for the sake of "doing good." Now, with my "addictive user experience" spectacles on, I took a look at the site and noticed what attributes it had that could get me hooked.
1. Easy to contribute and low barrier of entry. Signing up is easy, and any lending amount is accepted. A participant doesn't have to be Bill Gates to get involved and make a lasting difference.
2. Specific, recognized cause. A lender can choose a specific cause to get involved with that can be as personal or random as he likes.
3. Gratification through data feedback. Who doesn't love feedback? The site tracks different pieces of data and reports it back to the lender.
4. Opportunity to be recognized. Most of us like to be recognized, especially for something that speaks well for our character. This site features lenders and entrepreneurs on the homepage with the info they choose to present.
5. Authentic, transparent, something to believe in. The site maintains authenticity and credibility and users can continue to participate knowing they are standing on solid ground.
This is all good stuff. Yet what is better, is the fact that there innumerable sites that can benefit from this type of productive platform and Kiva is proof that it can work. Extending this beyond non-profits looking to support a cause - to simply government agencies - we can observe that countless civilians making up the public have opinions, insight, and talent to contribute. And when a site is constructed with the administrator wearing the right spectacles - considering what will energize its audience and get it hooked, data-driven dashboards can symbiotically bring administrator and user together to benefit all.
The cool thing about this for me is that Kiva.org is groundbreaking in so many ways. It's like watching a good movie over and over, and finding new things each time you look at it. Not only have they managed to harness the "addictiveness" of social networking sites like Facebook for a good cause, but they have managed to change the face of their field: lending. When I think of lending, I think of going to a single bank, taking out a loan, and repaying it at interest for a given period of time. This distributed approach makes it so much more accessible to people, no matter what their physical location, economic status, credit score, etc. And it allows those of us blessed enough to live in countries with decent buying power to help those entrepreneurs in countries with lower standards of living, with the added bonus of being a very low burden on the lender.
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