title: Mapping a way forward
by: Scott Bradner
I travel too much, far too
much! (I got my "million mile flyer" card from United Airlines the
other day - about 3 months seat time if everything had been on time - maybe
twice that in reality.) Most of
the time I need to drive somewhere when I get to the destination airport. Figuring out how to get from the
airport to my actual destination (usually some generic hotel room) has often
been quite a pain. The Hertz
computerized directions do help but too often I forget to stop and get them and
anyway I'm one of those people who needs a picture to really be able to
understand where things are.
I've come to depend on
MapQuest (www.mapquest.com) as a basic travel tool. ItŐs a remarkable service, made even more so with its access
of aerial photos and world-wide coverage. But I do worry if it will be around
for as long as I will need it.
MapQuest is better off than
many Internet-based service sites because its part of a larger company with
actual, real revenue. A year ago
MapQuest was purchased by AOL in a stock swap that is worth only a bit less now
than it was when it was completed.
MapQuest also seems to have a little bit broader business model than the
all too many Internet sites which totally depend on advertising. Trying a pure advertising-based model
is not a good thing to do in an environment where the advertisers can find out
reasonably easily how well Internet advertising does not work. MapQuest augments its advertising revenue
by selling mapping related services such as click-on maps to businesses. But with only 1800 customers I don't
expect that these services bring in all that much in comparison to MapQuest's
expenses. Their ads can be a bit
strange also - one of the ads I got in looking up a technology company in Texas
included a way to look up nearby NesQuick retailers - not a connection I would
have quickly come up with. So I
would not think that the ads bring in all that much either. So what is a good way to get such a
service paid for?
The MapQuest web page talks
about what MapQuest brings to the AOL table. "Combining
the AOL service and brands with MapQuest's online mapping products greatly
increases the convenience and value of the AOL membership." As long
as AOL thinks that, I would expect MapQuest to be around but banking on
intangibles is a risky future proofing strategy.
MapQuest is not quite a
representative of the average Internet service because it is a part of a bigger
company but if it's hard to figure out a solid financial basis for them what is the prognosis
for the standalone sites? I sure
hope someone figures out how to do Internet micropayments soon, I'm quite
willing to pay for services of this quality. I do not see much other hope.
disclaimer: Harvard and "micropayments"
do not belong in the same concept so the above ramble is my own.