Our 4th (and final) in the series analyzing how Market7 provides a return on investment. We examine how collecting timely and accurate feedback through the Annotative Player module provides for a streamline process that cuts overhead out of post-production. [Click image to enlarge]
Our third in a series analyzing how Market7 returns on investment. This time, we focus on how money and time can be saved through the project management features of the Event, Task, and Resource modules.
We continue our series this week on exactly how Market7 saves time & money, this time by looking at our scripting tool, the Collaborative Script Editor. [click on the image to enlarge & be able to actually read]
Its clear how using the Market7 Creative Brief in the planning stage of your video production saves headache and time but what about money? We have been giving this some thought and decided to put together a little explanation on exactly how. (Pretty pictures drawn by yours truly)
2GB! We have doubled our maximum upload size, coincidentally around when YouTube makes the same move (next time it’ll be us out in front). Please note that we recommend using Flash 10 when uploading files above 1GB.
Logo!Our accounts from Line Producer level up have long allowed customers to displace our brand with your own, well now if you’re Producer Pro or higher (so upgrade already!) you can specify this branding at per-project granularity.
On-off switch!The account management page (“My Account” link in upper-right visible only to account holders (versus their admins or invited team members)) — anyhow, that page now includes de-/re-activate buttons and whenever a project’s deactivated its storage does not count towards the account.
Another on-off switch!Free Production Assistant accounts (upgrade already!) are still limited to five team members, but now members are not stuck there permanently but can be removed from projects (& also can be subsequently reinstated).
More acurate than ever!Our script running time estimation had been anchored on speech at 100 words-per-minute which is fine for drama and such when there are non-verbal passages mixed with dialog, but most videos are filled with speakers at a natural language pace so we’ve scaled up and now anchor on 125.
Coolest of all — four out of the six items listed above are based on ideas originally articulated by our users.
[This post is from a year ago, today. Feels like a good annual tradition. A few updates in brackets sprinkled throughout]
Happy Independence Day. It’s also now the month of our company’s birthday. Operations started on July 30 of last year [now nearly 2 years ago], so Market7 traces back to 7/07. And today’s holiday during this seventh month of the year is closely connected to our name. The essence of Market7 is to enhance collaboration on creative projects by diverse working groups. It turns out that American independence provides an elegant metaphor.
To draft the Declaration of Independence, the Second Continental Congress designated a “committee of five” selected for geographic diversity including Virginia’s Thomas Jefferson, John Adams of Massachusetts, and Pennsylvanian Benjamin Franklin. Feedback from Adams and Franklin on Jefferson’s drafting was incorporated into the final document. A process similar to how we incorporate feedback at the various stages of video production such as conceptualization, scripting and footage review.
A diverse committee under tight time pressure collaborating on a notable creative endeavor. Nice parallel. But why “Market7″? The intersection of those two streets in Philadelphia is where Jefferson boarded and probably did most of his drafting work. There are some additional cute connections of the name to what our company does and plans to do, and some of the motivation is incorporated in our logo as well, which I’m sure will be touched on in future blog posts, so please come back! [we still haven't really done that but good reminder that alternative connections to our name + inspiration for our logo can motivate a blog post some future rainy day]
A last note, on the above painting by Gerome Ferris. It’s the exact story behind our name, including the crumpled up drafts on the floor before the founding fathers. I happened upon a jigsaw puzzle of this painting during a family excursion last year [again, now more like 2 yrs ago], and the partially constructed puzzle has occupied a spare table in our office ever since.
[Puzzle's now completed & displayed in our office, check it:
We’ve actually done a few releases since the prior “New Release” blog post, but the new code that became live last week includes especially notable functionality that further enriches commenting on video content by allowing file attachments to the comments. Here’s a demo of that:
One scenario we’ve thought about for this functionality is for our more sophisticated and video-oriented users to use screen-capture software for putting their thoughts together, much like I used screen-capture software for the demo above (some evidence of that at the very start & very end of the demo). These users could do a screen capture of the player itself — move the playhead around, draw on-screen, talk to their actions, and overall richly capture thoughts about the video on which they’re commenting. Then attach the file produced by screen-capture software to comments in the Anotative Player.
Other notable new features we’ve released in recent weeks include:
Wider overall screen for entire video.Market7 application, effects of which include presenting video at 640 pixel width, so less compression effects for videos uploaded at that width, or some multiple or factor of that width
Auto-complete when typing in character names that already appear in Collaborative Script
Can modify name of an invitee from Team module while invitation is pending
Free “Production Assistant” accounts can delete files from project (although still limited to 100MB of total uploads)
Double arrowheads out & in above comment roll in Annotative Player perform expand-all and collapse-all for all comments and their replies
Improved formatting and information in pdf export of comments from Annotative Player
Reduced clutter in Annotative Player by collapsing several buttons (ex: Download, Replace) to a single “File Actions” drop-down button
If a comment in the Annotative Player applies for a duration of the relevant video, so its time marker indicatesa span from a start to an end, clicking on that span will play the relevant duration (ie just from the start to the end relevant to the comment, not the entire video)
We consistently come across a common problem in getting new users to embrace all of the benefits of video.Market7. Customers have a great degree of initial interest and if they really use the software service for video production, they overwhelmingly love it.
The Problem: We have consistently encountered a gap between initial interest and widespread adoption. This is largely due to the fear of moving from their current system to a brand new video collaboration platform (even if it is broken, it is THEIR broken system).
One of our prospective customers in particular took the time to explain that what we need is a step-by-step getting started guide (Thanks Sean). It is not enough to have intuitive tools, we need to guide customers through their first experience.
In response to this, we have created a simple, getting started guide that will help customers onramp to using Market7. This is a work in progress and we are eager for feedback both good and bad. Enjoy!
There’s an Opinion column in today’s New York Times by David Brooks admiring that the U.S. is distinguished by its constantly enterprising spirit. Yet he cites ebbs & flows in the phenomenon, especially in relation to economic climate. Correspondingly he considers us to currently be in an “astonishingly noncommercial moment” devoid of passion for risk, access to capital and entrepreneurial progress.
I’m re-reading his column and writing this blog post at around 9:30PM from the office, taking a break because I’m waiting for my colleague Sean to join me. I just summoned him because I’m realizing that it’s too difficult for me to decipher some crucial engineering work for an upcoming software release, without one of the actual software engineers who’s worked on it sitting by my side. Sean hesitated, not over whether to join me, but over whether he should hop right away or wait for the dinner he just ordered. I encouraged him to eat. There’s plenty for me to do in mean time — write a blog post for one thing.
Sean and I, and our colleagues, and our friends with many similar and related companies to ours are having experiences starkly different than what Brooks describes. At Market7 we are delivering and enhancing Web-based services that drive the collaboration necessary for organizations to take advantage of declining video production costs and rising, diversifying video consumption.
The prior sentence strings together several secular trends that are occurring. They may be occurring right now at a slower pace than they would in a more bouyant economy, although even elements of that are debatable. With nearly absolute confidence in the big picture of what we’re doing, we hold onto our company’s founding goals, and strive to progress in ways that are efficient and reflective of challenging elements of our climate.
It is beautiful that efforts we make both to realize our big picture and to adapt to the climate enormously benefit from innovations around us, very consistent with the sorts of innovations we ourselves provide to the market we serve. What we are doing in each of these areas merit their own blog posts, and several we have already posted about, but some of the things we leverage to efficiently advance as an entrepreneurial company during 2009 include:
A steady work pace to sustain frequent release cycles, but resilience to dig in for a late one when called for, like tonight
We are moving forward, with determination, like others we know, buoyed by the very current phenomena listed above which are themselves birthed by highly entrepreneurial efforts. We’ll be poised when markets are ready for us to be big, and in the mean time we’ve got some notions we’re validating about how to succeed and progress while small. Quantitatively our impact may not yet be headline-whorthy, but I know that the “hard pendulum swing” that David Brooks anticipates, back towards “energy and drive, and eventually the spirit of commercial optimisim” is already underway.