Business Law Articles - Commercial Law, Trademark and Intellectual Property - March June July 2010
Law Articles - March to June 2010
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Copywriting
A good copywriter knows which words
trigger the feelings that compel people to make decisions. They write with
flair, making it easy for people to be drawn into what they are saying about
your business, services or products. Read an an example of good copywriting for a
fictitious Sydney Mercedes Dealer, or
just "ok"
website copy for a Used Mercedes dealer.
Trademarks
The most effective way to safeguard you against people "trading off" your business name, product or service, is to register a trademark. For more information, including about the justweb® trade mark, please read our
trademark registration article.
Technology and copyright issues for digital music have long been hot topics in
Australia and worldwide. They are at the forefront of change for content and
intellectual property business models involving the Internet.
Why register a trade mark?
In the legal arena a trade mark is in essence a sign for the source or origin of
a product (eg branded magazine) or service (eg branded publishing services). In
the eyes of the law - the mark sources the trader.
All businesses have trade marks. Their legal status and ease of protection
varies for reasons briefly noted here. In common usage a "trade mark" may be a
brand, logo, word or other sign. A trade mark registered in Australia gives its
owner the advantage of a monopoly statutory right (ie law made by parliament) to
use it in Australia. This legal monopoly right comes into force on registration
without evidence of use.
Internet start-up strategy checklist
Lean internet start-up strategy is a theme in Dave McClure's latest slideshow on
internet start-ups.
View the slideshow as a checkist and braindump from someone at the centre of a
great deal in Silicon Valley. It's at least worth a scan read.
McClure often uses a pirate metaphor, including for his following repeated
pirate "AARRR!" recommendation on the critical path for growth for an internet
start-up.
Startup Metrics for Pirates
A cquisition: users come to site from various channels
A ctivation: users enjoy 1st visit: "happy ” experience
R etention: users come back , visit site multiple times
R eferral: users like product enough to refer others
R evenue: users conduct some monetization behavior
How to write a social media policy
I write social media policies. But whenever I'm asked to do so I review the
relevant organisation's culture, market and personnel. As we'll see this context
is important if you want to know how to write a social media policy.
A social media policy can be as short as a few paragraphs, a few pages or
longer. A consideration governing length is - what is the purpose of the social
media policy? In simple terms there are two purposes usually present - messages
on what conduct is approved and what is disapproved.
As social media continues to grow (see graphics below), so do legal issues.
People are people, offline and online.
Social media is still "new" (particularly for audiences familiar only with
television, radio and newspapers). This keeps it ripe for moral panics and
exaggerated over-emphasis in traditional media. Their focus is on bad things
that can and do sometimes take place with a connection to Facebook, Twitter or
other social media sites.
Venture capital beginners guide and update
What types of investments do venture capitalists seek? How do they decide what
to invest in? Two recent videos provide answers along with updates on the
venture capital scene for IT sectors.
Each is an hour long question and answer session recorded at Stanford
University. In the first video, serial entrepreneur Marc Andreessen talks to
Stanford University students here. He talks about ventures he's put money into
or in which he serves on the board, eg Facebook and Ning.
Short lesson on trade mark law
In the legal arena one of the things a new brand should be is "distinctive". In
trade mark law that word in essence means that the brand should NOT be
descriptive of the goods or services to which it relates. Instead it should be
"distinctive".
Fail to do this and you'll increase your legal costs. Apple increased its legal
costs, it settled this month with Fijitsu, a prior user of the name iPad (for
mobile phones). For a longer lesson, with case studies, read our most recent
article on the topic - Trade mark distinctive brands, save legal costs.
Viacom versus Google (friend of prosumers)
Wealth is increasingly created by empowering prosumers on networks. Google,
Apple, Microsoft, Oracle and others are in on this.
They are onto the new paradigm. They challenge old business models.
The owners of old business models continue to respond with litigation seeking to
preserve the basis of their monopoly rights. This includes the long standing
litigation case by Viacom against YouTube.
Anonymous and pseudonym lose defamation cases
My entry into social media in 2006 was facilitated by conversations in earlier
years with Des Walsh.
As a strategist in the field, Des has a keen interest in legal considerations
for social media. He has often spoken to me about the legal risk of defamation
on a social media network, eg Facebook, YouTube or Whirlpool.
ACDC's music business model
What is it about ACDC that explains their popularity and sales in the music
business thirty seven years after their debut? This hard rock band has sold more
than 200 million albums. The US is a key market, representing about one third of
the albums sold. Back in Black is the second highest selling album in history,
behind Michael Jackson's Thriller album.
Neil Shoebridge had some answers in his article in the The Australian Financial
Review on 1 March 2010. A key informant for the piece is Steve Barnett,
co-chairman of the Sony-owned Columbia Records USA, ACDC's record company.
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