I live in San Francisco, the heart of internet innovation, and on a daily basis I am barraged with emailed articles and blog posts from friends and colleagues raving about "the next killer app" in this thing dubbed "Web 2.0". And because of my line of work, I am also bombarded with data and news on the "illusive" and lucrative Latino market. It seems everyone is after a piece of the pie, except internet companies.
In researching for a post on another blog, I took a look at the Web 2.0 "innovation map" that Fourio came up with. This Google Maps-based app tracks companies around the world dedicated to some new Web 2.0 concept. While I was happy to see that there were "innovators" in Spanish-speaking countries, I was surprised that all of them (they are only located in, according to this very non-scientific map, Chile and Spain) have chosen to pursue a mainstream English-speaking m arket.
True: go where the money is. False: the Latino market worldwide has no money to spend.
No one has yet been willing to step up to the plate. Spanish-speaking users around the world have cheaply translated knockoffs of portals and search engines at their disposal, but nothing truly theirs. I wonder when the internet world will start to see value in a market that traditional marketers are fighting for tooth and nail.
Since when is technology slower to the game than corporate America?
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