Showing posts with label small business. Show all posts
Showing posts with label small business. Show all posts

Wednesday, August 14, 2013

Top Blogging Tools

Top Blogging Tools

The popularity and usefulness of blogging has made it one of the fastest-growing online industries. From personal to business blogs, it is estimated that more than 50 million weblogs have been published, with thousands more starting up each and every day. If you have ever wanted to explore the world of blogging, you should first check out some of the top blogging technologies to discover which tools are right for your Web publishing needs.

Before you begin, consider your reasons for starting a blog. Are you promoting a business, or do you simply want a place to host a personal online journal? Are you blogging to market affiliate programs, or do you want to feature banner and link ads to generate income? If your needs are fairly simple, one of the many free blogging services will probably be perfect for your needs. For bloggers with more complex needs, you may need paid blog technologies and Web hosting services. Blogs serve as excellent content management systems that can be created in a matter of minutes and are easy to use. The following tools are among those used most often by avid bloggers.



Popular Blogging Tools

WordPress is one of the top blogging tools, voted a ‘Forbes Favorite' by Forbes.com. The open-source application offers a wide range of applications and is the perfect choice for users who want to host their blog on their own website. If you're looking for a high-quality blogging tools that offer a wide range of features, WordPress just might be the perfect choice for you.

Blogger is extremely popular for both business and personal blogging. Provided by Google, this free service offers great features such as free hosting, the ability to add banner and text advertising links, and a great range of beautifully designed templates.

TypePad is owned by Six Apart, the same company that offers the popular blogging tools Moveable Type and Live Journal. Basic membership starts at five dollars a month for a hosted blog and offers the ability to post via email or mobile phone.

Moveable Type has gained popularity for use as a business blogging tool. Free options are limited, but paying members have access to improved support, design options, and posting access. Beginners often report difficulty with this blogging platform, but many intermediate and advanced users are committed Moveable Type fans.

Live Journal is a wonderful option for users who prefer community-based blogging. This popular service offers both free and paid options with the ability to connect to friends and join community groups.

Top Blogging Promotional Tools

Once you've started blogging, its time to promote your weblog to the world. There are a number of great services that have emerged specifically to track the millions of blogs that are updated every day. Other great ways to advertise your blog include social bookmarking sites and blogrolls. A blogroll is basically a list of links to related blogs. The following are some of the most popular blogging promotional tools.

Technorati is one of the leading trackers of weblogs. By signing up and adding Technorati links to your blog, you can gain traffic from searchers who use the service to find blogs of interest. This is a great way to locate niche blogs on highly specific topics.

Del.icio.us is one of the most-used social bookmarking sites of the Web. Users can add interesting links to their del.icio.us bookmarks and share their lists with other users. The service also allows users to ‘tag' links by subject, so related posts can be found quickly and easily.

Digg allows community members to rank stories, websites, articles, and blog posts. You can add a links to your blog that allow users to quickly submit the content to Digg. Stories are promoted on the site based on user-rankings and popularity.

No matter what blogging technologies you choose to use, always remember that the key to a great blog is interesting content. Write about the things that interest you and that you are passionate about. Express your personality and become an active participant in the blogging community in order to benefit from all that weblogs have to offer.

Saturday, August 3, 2013

Affiliate Marketing Machine

Affiliate Marketing Machine

A study on affiliate marketing that indicates online marketers will spend $2.1 billion on affiliate marketing fees, with U.S. online affiliate marketing spending reaching $3.3 billion in 2012.

That figure includes the aggregate cost of running an affiliate program: affiliate network fees and affiliate commissions. Evans estimates that the affiliate space is growing at 9 percent.

A report from Evans in December 2008 says a growing number of retailers will increase spending on holiday sales-driving tactics like promotions and online advertising. Twenty-seven percent of online retailers will increase spending on affiliate marketing (a 14 percent increase over the previous year) whereas 18 percent will increase spending on banner advertising.

Sitting smack-dab in the middle of that affiliate equation are the networks. The networks' job as trusted third party means they are acting as an intermediary between advertisers and publishers. Serving multiple constituencies requires being a lot of things to a lot of parties. The networks are partners, matchmakers, facilitators, data keepers and more.The major networks have many things in common and perform most of the same basic functions, including tracking technology, reporting tools, payment processing and payment aggregation.

Cake Games

While each network also has its own specific terms and conditions that must be adhered to by advertisers and publishers, most of the networks have agreed to some basic rules about overriding affiliate commissions and what constitutes flagrant violations of the basic tenants of affiliate marketing.

However, each of the major networks has developed a slightly different flavor. Some are geared towards big e-tailers, others focus on lead generation and still others tend to work with major catalogers. The reasons why an advertiser or publisher chooses a specific network can depend on a variety of factors.It's like having a choice, between Pepsi, Coke, and RC Cola - and in some cases, Fresca.

For advertisers, the choice to work with one network over another can depend on a range of factors, including additional services offered, the technology platform used, the cost of setting up a program, the customer service and the quality of publishers in the network.

Each network has its share of loyal advertisers - large and small. Although there is some amount of churn, where merchants switch their programs from one network to another, that process can be complicated, disruptive and time consuming, so it's not all that common (like customers switching mobile phone carriers). Some advertisers run programs on multiple networks, but in most of those cases one of the networks seems to act as the primary one.

Most affiliates tend to maximize their earning potential and work with several, if not all, of the major networks. Some affiliates work with just one or two based on preference about payments, advertisers in the network and commission rates.

Thursday, August 1, 2013

The Right Keyword Bidding Approach

The Right Keyword Bidding Approach

 Affiliate Keyword bidding techniques are not created equal. With four incredibly different types of approaches, understanding their differences is a challenge in and of itself. But knowing the differences and applying the correct approach to your paid search program and campaign goals can translate into significant performance gains.

Now the question is when and how to use the choices available to you. Over the past few years, digital marketing platforms and consultants have helped advertisers optimize paid search spend using a combination of human analysts and rules and model-based bid optimization software. In this case, technology has played a major role in scaling the challenge of daily bidding on tens of thousands to millions of keywords, from the head to the extreme tail. However, there is still confusion around when to use rules-based bidding or the three major model-based bidding techniques: local optimization, global cluster modeling and global keyword-level modeling. We'll explore the differences between each approach and examine the outcomes.

Rules-Based Bidding

Rules-based bidding is all about reacting to situations, rather than predicting and adjusting by learning from historical conversion data. Advertisers who forego using tail terms and instead focus only on head terms often use rules-based bidding. This strategy works when you're only dealing with a few keywords and have the resources to leverage human analysis, versus optimization software. Of course, this method can only scale so far, as it requires paid search professionals to provide analysis and crunch the numbers on the fly.

Local Optimization

With model-based approaches, it's important to make the distinction between local and global optimization. Local optimization bids each keyword so it achieves the goal in an SEM program, while global optimization (sometimes referred to as a portfolio approach) considers all keywords at once. Using the global approach, bids are assigned so that, on average, the whole group is maximized for a goal. The global approach usually provides higher value from a set of keywords, compared to local optimization, because with local, some keywords are overbid, while others are underbid to achieve the goal, and that results in poor financial performance.

Global Optimization: Cluster-Modeling

Within global keyword modeling there are two approaches: cluster-based modeling and keyword-level modeling. Cluster-based modeling was developed to cope with the data problem surrounding tail terms. Because there was very little historic data for these terms, clusters aggregated data from hundreds or even thousands of keywords, allowing analysts to apply traditional statistical techniques to determine bids. Keyword clusters lead to prediction stability - however, each keyword is actually unique, which ultimately results in a loss of performance when compared to modeling each keyword individually

Clustering has another consideration - the manual tuning needed to optimize the keyword clusters means human analysis is needed on a regular basis on top of the software required to automate the bidding for the clusters. Also, it's very time-intensive to create the clusters to begin with. In fact, this is the biggest issue, because as a cluster ages, performance decays. Combatting this becomes very expensive.

Global Optimization: Keyword-Level Modeling

As mentioned before, keyword-level modeling is another option for advertisers - however, many believed it couldn't be done, because there wasn't enough tail term behavior data available to build accurate models. This is no longer the case. Keyword-level modeling is possible, due to optimization technology developments and sophisticated mathematical techniques.

Leveraging advanced math, software automation and transparency into specific variables that drive individual keyword performance, advertisers can create models for all keywords in an SEM program, not just the low-hanging fruit of head terms. This can result in overall performance gains of over 25 percent compared to clustering, local optimization and rules-based techniques.

The Takeaway

For advertisers looking to create only brand awareness, rules-based bidding works toward driving traffic. Rules-based bidding is a good option for advertisers who aren't seeking revenue - rather, they're working toward impressions.

Meanwhile, advertisers who aren't operating with constraints can leverage local optimization. If there's an explicit goal - for example, to drive as many orders as possible, without regard to cost or profit - local optimization will achieve those results. Granted, most advertisers do have constraints, which makes global clusters an alternative if advertisers only need to track conversions at the campaign level.

For advertisers who want more transparency and deal with large numbers of keywords, keyword-level modeling provides the opportunity to automate bidding while avoiding the performance and maintenance issues associated with clustering. Because this type of modeling provides transparency into the variables that drive keyword performance, keyword-level modeling can result in dramatic campaign gains when dealing with tens of thousands to millions of keywords, whether they're head or tail terms. Compared to the other keyword bidding techniques, keyword-level modeling is ideal for advertisers looking to maximize both head and tail terms, while having transparence and control over a SEM program.

Monday, July 22, 2013

15 Ways To Monetize

15 Ways to Monetize Your Blog

April 1, 2013 Sonia Jackson 21 CommentsinShareHere are fifteen ways to monetize your blog. The key fact about each of these points is that they are all actionable (except for the sponsorship one). In other words you can leave this article after reading and do any of these points right away (except for the sponsorship one, which requires research first). It is up to you which of these methods you choose to monetize your blog, but there is little stopping you from doing almost all of them at the same time.

1 – Set up a donations widget i.e. beg!

There are widgets out there that are titled “Donation”. They exist so that viewers can give you their money with no incentive and no reward. As you can imagine, your donations are going to be few and far between, but your blog may provide a viewer with an answer that they repay with a donation.

2 – Install Pay Per Click Advertising on your blog

These are the adverts that pay you if your viewers click on your adverts. They only pay a few cents and they look pretty tacky, but they are a way of monetizing your blog.

3 – Install Cost Per Mile advertising (CPM)

CPM is an online inevitability. Every affiliate advert may not gain clicks but will gain lots of impressions. Sometimes building a brand involves getting your name out there. Companies can easily create adverts that are not very clickable, but have a positive effect if they are seen. For example, having an advert that is just your logo and your tag-line will be enough to remind the viewer of your company. All they need is an impression of your advert; they do not need to click on it. If you are the webmaster then you can host these types of adverts under a CPM program. You get paid for how many impressions your adverts get, and not for how many clicks they get.

4 – Install Pay Per Action Advertising on your blog

These are adverts that only pay you if there is a sale as a result of your advert. The chances of getting a sale are slim, but the payment for a sale is far larger than payment for just a click. One sale via PPA per quarter may beat all of the payments you get for clicks.

5 – Gain corporate sponsorship for your blog

Finding a sponsor is harder than you think, but is not impossible. How you are going to go about it is up to you. If people knew how to get them then they would not write it on an article, they would do it themselves.

6 – Sell Advertising space on your blog just like a shop window

Create a box or two on each post and offer to sell the space to people who wish to advertise there. Offer to keep the advert there until the blog is decommissioned, or offer a time limit so that you can re-sell the space later.

7 – Install In-Text Ads / rollover text ads

Certain keywords are highlighted in the text and if the mouse pointer rolls over the text they will expand a box with an advert in. The advert must be clicked for you to be paid, but they are a very surreptitious way of installing adverts into your blog.

8 – Install In-Image Ads / rollover image ads

These are adverts that will not run until the user moves his or her mouse pointer over the image. They still have to be clicked for you to be paid, but they are a nice way of hiding the advertising on your website or blog.

9 – Advertise within your blog videos or start a Vlog

Some people install videos into their blog. There are affiliate advertisers that will happily add an advert at the beginning of your videos and pay you to have it watched. You could even set up a video log and dispense with the text itself.

10 – Direct sell your own goods on your blog (new or secondhand)

You can set up your own little adverts for stuff you want to sell. You may also create blog posts about the things you are selling. For example, you could review a motorbike that you just bought, and at the bottom you could offer to sell your old motorbike.

11 – Use your blog to compile an Email Marketing/Newsletter email list

If you are good at blogging then you will have people sign up to your RSS feed. If you are really good, you may be able to get them to sign up to your newsletter. If you do then you can use the email list to send out marketing messages, through which you make your money.

12 – Offer to sell your services

Assuming that your blog is good and on a certain niche, you may be able to sell your services as a consequence. For example, if your blog is on Java programming, then at the end of your blog you could offer to solve your readers’ specific Java problems for a fee.

13 – Demand a paid membership for access to your blog

Assuming again that your blog is of a very high quality and on a certain niche, you could charge to gain access to your blog. You could sell it like a subscription that people have to renew after a few months. You could advertise your blog on social media and via affiliate advertising in order to gain new members.

14 – Build your blog so that you can sell it

Build it up with a great design, smashing content, a weighty daily traffic score and a stunning Google PageRank or Alexa Rank and then sell it off. It takes time, effort and care to create such a blog, and many people do not have the time or skill to do it. So you can sell them their own popular blog that is already set up, running, and effective. If you can gain access to reliable metric numbers to show people then you can set up a bidding system and make some cash.

15 – Sell links from your blog

If your blog is very popular, or it has a good Alexa or Google PageRank then you may be able to sell links from your website. People are always looking to link from high ranking and popular sites. The problem is that Google does not like people selling links. You can get around this by asking people to contact you if they want to link from you. When they make contact, respond with a price list and method of payment.Filed Under: Blogging, Internet Marketing Tagged With: Blog, make money blogging, Monetize

Friday, June 14, 2013

Entrepreneurship & Small Business


As a Budding Entrepreneur, Where Do You Start?

Michael Skok -
LinkedIn Influencer13 Jun 2013

I am often asked by prospective entrepreneurs how I got started and what they might learn from it.
But my answer is: “Don’t follow me.” Follow your own path by finding a problem worth solving that you are uniquely qualified to solve* and can get passionate about. Then have the persistence and patience to pursue it.

Problems

Passion

Persistence

Patience

Problems

Teddy Roosevelt once said, “Far and away the best prize that life has to offer is the chance to work hard at work worth doing.”
The key is to look around and get in front of a mega-trend and then look to solve a major problem or issue in order to fully leverage that trend. The good news is we don’t lack for major trends represented by multiple, multi-billion-dollar underlying markets.

Take for example:
Living in a Resource Constrained World:
The world population will grow by nearly 30% in our lifetimes to 9 billion people. Population growth stresses natural resources and it will be compounded by economic development across Asia, India and Africa – areas that are already stressed from a resource standpoint and by consumption per capita that is forecast to grow more rapidly than population, further straining resources.

Using energy as a proxy for other resources – today, the United States consumes twice as much oil as China. But as China’s total energy demand surges 60% in the next 15 years, it will consume 70% more total energy than the US.
Note that India, Indonesia and Brazil (just to name a few) have higher rates of growth in per capita energy consumption than even China.

According to the International Energy Administration, $620 billion a year in oil and gas investments are required just to fill this demand.
Thus, game-changing innovation and entrepreneurship is mandatory in areas like: solar, access to hard-to-get resources and low-cost energy storage systems.
There are problems of equal magnitude in food, water, electronics and healthcare – terrific opportunities for entrepreneurs and innovators.

Everything as a Service:
The “out-servicing” era:This is a revolutionary, highly-disruptive approach to technology and business models across multiple industries – all driven by software. Consider the post-PC era of tablets, mobile devices, and the “Internet of Things” – from cars to appliances to industrial equipment – that are connected to the cloud 24 x 7.
It will allow new entrepreneurs to zero in on their core value with laser precision – innovate there and outsource or as I call it “out-service” the rest.

It’s a major reason why the current $15 billion software-as-a-service revenue will leap to 10 times that as we move from discrete systems to continuous cloud services – another huge opportunity.

The Need To Scale Infrastructure:
In order to enable and support the “out-servicing” era, whether it’s cloud computing, big data or mobile, there’s an insatiable appetite for content and connectivity.
Today, there are about 9 billion mobile devices and that is forecast to grow to 50 billion connected devices in 2017.
In 2012, networks handled more mobile data traffic – than in all preceding years combined and yet it’s forecast to grow at a 66% compounded rate until 2020.
So, the opportunities to develop scalable, software-defined infrastructure, policy engines, data mining systems, content and applications from gaming, to education, medicine or wearable computers is huge going forward.
Know that along the way you will of course run into naysayers, challenges and even failure. To overcome those you will need a healthy dose of passion, persistence and patience.

Passion:
Pursue your passion, find your flow, trust your instincts.
In order to pursue these kinds of big problems, you will need to learn to tap your internal energy.
That energy may initially come from a basic need. For example, if you’re just starting out, it might be the need to pay off your student debt. And those needs are important if not critical.

But in time, I believe our passion is the sustainable source of positive energy.
If you’re not already aware of your passion, start by finding your flow.
Flow is literally that activity where you find yourself free flowing and lose track of time it’s so natural. Composers find it in music. Athletes find it competing.
Programmers find it coding. Where will you find yours? Here’s a paradox: you will only know when you find it because you will lose yourself in it. So it may take careful self-observation.

There’s a wonderful TED talk on this subject here.It can take time to find your true passion. Enjoy the journey, the exploration and the learning about yourself. As you navigate, you will build your compass that will help you find your true north, your true calling in life.
And precisely because you focused on and took time to find that passion, you will build the conviction and instinct to pursue it. And you will need that as many people and things may conspire to divert your flow.
Don’t let them; it will sap your energy. Eschew the cynics; find your own path to positive energy.

And always trust your gut instincts. They will ultimately serve you well, even though it may not be obvious at the time. Sometimes the hardest decisions are the best. And they may include what NOT to do. So often “less is more” in everything from products to life.
And in that vein, if the noise gets too great, keep taking things away until you find silence. Learn to meditate if necessary and in the peace, reconnect with your convictions. It is often in the pause or the gap that the “breakthrough thinking” has room to arise.

Persistence and Patience

Great entrepreneurs have a bias for action that’s admirable.
They get in the flow and focus on doing a few things well and build on success. They ask more questions than they answer, and they listen more than they talk. But even with all that it takes time to build something of impact and importance.
And while you may get lucky, luck is a poor basis to build a life on. By contrast, patience and persistence really do pay off.

On average in our business it takes 5-7 years to build a company of any significance. And typically even longer than that to build a sustainable, independent public company.

So, while I hope you’ll find a breakthrough to prove those averages wrong, be compassionate with yourself if you find it’s taking longer and proving harder than you thought.

In the immortal words of Winston Churchill “if you’re going through hell, keep going!”

Some of our greatest investments took longer and traveled more tortuous and twisted paths than we could ever have imagined but then ended up being bigger successes than we ever thought possible. If you can just get back in the flow and enjoy the ride, you may never want it to end and that’s the basis to build something really enduring.

Wishing you a life of entrepreneurship, passion and the persistence and patience to enjoy the journey!

*If you’re not sure what you are uniquely qualified to do or perhaps you are just starting out in life and have no experience, read this.

This column was originally published in Forbes.

Michael Skok is the creator of Startup Secrets. Held in conjunction with Harvard innovation lab, Startup Secrets is a series of workshops (taught by Michael) designed to create a framework for entrepreneurs to think through some of the key steps that could accelerate their success in starting a business.

Sunday, June 9, 2013

Most Innovarive Small Busines of 2013

10 of the Most Innovative Small Businesses of 2013 Daniel Bukszpan - CNBC8 Jun 2013 No matter how far the marketplace advances, there will always be problems that plague consumers and that no company can seem to solve. This is not necessarily a bad thing, because it creates a niche for the right company to fill. For example, motorists experience considerable straining when cleaning their windshields from the inside. So the makers of the Windshield Wonder saw an opportunity to address an unaddressed problem, a successful product was born, and the rest is history. Small businesses can experience great success and expand their operations when they find innovative solutions to common problems. Often, it can mean cultivating a loyal and much-needed customer base, which any small business needs in order to sustain itself and grow. What follows is a list of 10 innovative small businesses that are making their mark this year with inventive products. Read ahead to see what they are. Yardarm Technologies image credit: Yardarm Technologies Gun legislation has always been a front-and-center topic in the U.S., but it reached a fever pitch in the months following the tragic events in Aurora, Colo. and Newtown, Conn. But while politicians have been trying without success to find a solution, Yardarm Technologies has come up with a high-tech idea--a wireless controller that allows gun owners to disable a weapon remotely. If a gun is moved, an alarm is triggered on the owner's phone, and he or she can then disable the weapon remotely. An Associated Press report said that the technology would cost gun owners an extra $50 per weapon, while the service itself would carry a $12 annual fee. Systems and Materials Research Consultancy image credit: SMRC 3-D printing is a technology that fabricates objects based on a digital model. It made headlines in 2012 when a company called Defense Distributed created the world's first 3-D-printed gun, but Systems and Materials Research Consultancy is currently researching ways to use it to fabricate food. NASA awarded the Austin, Texas-based company a Small Business Innovation Research grant of $125,000to develop food to be printed for space missions. Senior mechanical engineer Anjan Contractor said that the technology could someday be used to address world hunger.

Viral Marketing

Viral marketing Viral marketing, viral advertising, or marketing buzz are buzzwords referring to marketing techniques that use pre-existing social networks and other technologies to produce increases in brand awareness or to achieve other marketing objectives (such as product sales) through self-replicating viral processes, analogous to the spread of viruses or computer viruses (cf. Internet memes and memetics). It can be delivered by word of mouth or enhanced by the network effects of theInternet and mobile networks. Viral marketing may take the form of video clips, interactive Flash games, advergames, ebooks, brandable software, images, text messages, email messages, or web pages. The most common utilized transmission vehicles for viral messages include: pass-along based, incentive based, trendy based, and undercover based. However, the creative nature of viral marketing enables an "endless amount of potential forms and vehicles the messages can utilize for transmission", including mobile devices. The ultimate goal of marketers interested in creating successful viral marketing programs is to create viral messages that appeal to individuals with high social networking potential (SNP) and that have a high probability of being presented and spread by these individuals and their competitors in their communications with others in a short period of time. The term "VRL marketing" has also been used pejoratively to refer to stealth marketing campaigns—the unscrupulous use of astroturfing online combined with undermarket advertising[clarification needed] in shopping centers to create the impression of spontaneous word of mouth enthusiasm. History The emergence of "viral marketing," as an approach to sales, has been tied to the popularization of the notion that ideas spread like viruses. The field that developed around this notion, memetics, peaked in popularity in the 1990s. As this then began to influence marketing gurus, it took on a life of its own in that new context.There is debate on the origination and the popularization of the specific term viral marketing, though some of the earliest uses of the current term are attributed to the Harvard Business School graduate Tim Draper and faculty member Jeffrey Rayport. The term was later popularized by Rayport in the 1996 Fast Companyarticle "The Virus of Marketing,"and Tim Draper and Steve Jurvetson of the venture capital firm Draper Fisher Jurvetson in 1997 to describe Hotmail's practice of appending advertising to outgoing mail from their users. Among the first to write about viral marketing on the Internet was the media critic Doug Rushkoff. The assumption is that if such an advertisement reaches a "susceptible" user, that user becomes "infected" (i.e., accepts the idea) and shares the idea with others "infecting them," in the viral analogy's terms. As long as each infected user shares the idea with more than one susceptible user on average (i.e., the basic reproductive rate is greater than one—the standard inepidemiology for qualifying something as an epidemic), the number of infected users grows according to an exponential curve. Of course, the marketing campaign may be successful even if the message spreads more slowly, if this user-to-user sharing is sustained by other forms of marketing communications, such as public relations or advertising.[citation needed]Bob Gerstley was among the first to write about algorithms designed to identify people with high "social networking potential." Gerstley employed SNP algorithms in quantitative marketing research. In 2004, the concept of the alpha user was coined to indicate that it had now become possible to identify the focal members of any viral campaign, the "hubs" who were most influential. Alpha users could be targeted for advertising purposes most accurately in mobile phonenetworks, due to their personal nature.[citation needed]In early 2013 the first ever Viral Summit was held in Las Vegas. It attempted to identify similar trends in viral marketing methods for various media. Methods and metrics This section's factual accuracy may be compromised due to out-of-date information. Please update this article to reflect recent events or newly available information.  (January 2013)According to marketing professors Andreas Kaplan and Michael Haenlein, to make viral marketing work, three basic criteria must be met, i.e., giving the right message to the right messengers in the right environment:Messenger: Three specific types of messengers are required to ensure the transformation of an ordinary message into a viral one: market mavens, social hubs, and salespeople. Market mavens are individuals who are continuously ‘on the pulse’ of things (information specialists); they are usually among the first to get exposed to the message and who transmit it to their immediate social network. Social hubs are people with an exceptionally large number of social connections; they often know hundreds of different people and have the ability to serve as connectors or bridges between different subcultures. Salespeople might be needed who receive the message from the market maven, amplify it by making it more relevant and persuasive, and then transmit it to the social hub for further distribution. Market mavens may not be particularly convincing in transmitting the information.Message: Only messages that are both memorable and sufficiently interesting to be passed on to others have the potential to spur a viral marketing phenomenon. Making a message more memorable and interesting or simply more infectious, is often not a matter of major changes but minor adjustments.Environment: The environment is crucial in the rise of successful viral marketing – small changes in the environment lead to huge results, and people are much more sensitive to environment. The timing and context of the campaign launch must be right.Whereas Kaplan, Haenlein and others reduce the role of marketers to crafting the initial viral message and seeding it, futurist and sales and marketing analyst Marc Feldman, who conducted IMT Strategies’ landmark viral marketing study in 2001, carves a different role for marketers which pushes the ‘art’ of viral marketing much closer to 'science.'Feldman points out that when marketers take a disciplined approach to viral marketing by targeting, measuring and continually optimizing their campaigns based on campaign metrics, viral marketing transforms the customer into a new sales channel, a new lead generation channel and a new awareness generating channel. Feldman's innovative reconceptualization of viral marketers went a long way towards making "viral marketing" a strategy that sales and marketing directors at Fortune 500 and Global 1000 companies could legitimately invest in. This disciplined approach to viral marketing that Feldman first carved out, pointed the way towards measuring the ROI of every viral marketing campaign and thus making a real business case for investing in viral marketing. The customer-as-a-sales-channel approach to viral marketing went on to become the foundation for an explosion of technology enabled viral marketing services offered online, offline and in blended hybrid approaches. Methods Viral marketing often involves and utilizes:Customer participation and polling servicesIndustry-specific organization contributionsInternet search engines and blogsMobile smartphone integrationMultiple forms of print and direct marketingTarget marketing web servicesSearch engine optimization (SEO)Social media optimization (SMO)Television and radioViral target marketing is based on three important principles: Social profile gatheringProximity market analysisReal-time key word density analysisBy applying these three important disciplines to an advertising model, a VMS company is able to match a client with their targeted customers at a cost effective advantage.The Internet makes it possible for a campaign to go viral very fast; it can, so to speak, make a brand famous overnight. However, the Internet and social media technologies themselves do not make a brand viral; they just enable people to share content to other people faster. Therefore, it is generally agreed that a campaign must typically follow a certain set of guidelines in order to potentially be successful: It must be appealing to most of the audience.It must be worth sharing with friends and family.A large platform, e.g. YouTube or Facebook must be used. An initial boost to gain attention is used, e.g. seeding, buying views, or sharing to Facebook fans.The content is of good quality. Social networking The growth of social networking has significantly contributed to the effectiveness of viral marketing. As of 2009, two thirds of the world's Internet population visits a social network or blog site at least every week.Facebook alone has over 1 billion active users. In 2009, time spent visiting social media sites began to exceed time spent emailing. A 2010 study found that 52% of people who view news online forward it on through social networks, email, or posts. Notable examples The Ponzi scheme and related investment pyramid schemes are early examples of viral marketing. In each round, investors are paid interest from the principal deposits of later investors. Early investors enthusiastically recruit their friends, generating exponential growth until the pool of available investors is tapped out and the scheme collapses. Early in its existence, the television show Mystery Science Theater 3000 had limited distribution. The producers encouraged viewers to make copies of the show on video tapes and give them to friends in order to expand viewership and increase demand for the fledgling Comedy Central network. During this period the closing credits included the words "Keep circulating the tapes!" Between 1996/1997, Hotmail was one of the first internet business’s to become extremely successful utilizing viral marketing techniques by inserting the tagline “Get your free e-mail at Hotmail” at the bottom of every e-mail sent out by its users. Hotmail was able to sign up 12 million users in 18 months. At the time, this was historically the fastest growth of any user based media company. By the time Hotmail reached “66 million users”, the company was establishing “270,000 new accounts each day”. In 2000, Slate.com described TiVo's unpublicized gambit of giving free systems to web-savvy enthusiasts to create "viral" word of mouth, pointing out that a viral campaign differs from a publicity stunt. Burger King has used several marketing campaigns. Its The Subservient Chicken campaign, running from 2004 until 2007, was an example of viral or word-of-mouth marketing.The Blendtec viral video series Will It Blend? debuted in 2006. In the show, Tom Dickson, Blendtec founder and CEO, attempts to blend various unusual items in order to show off the power of his blender. Will it Blend? has been nominated for the 2007 YouTube award for Best Series, winner of .Net Magazine's 2007 Viral Video campaign of the year and winner of the Bronze level Clio Award for Viral Video in 2008. In 2010, Blendtec claimed the top spot on the AdAge list of "Top 10 Viral Ads of All Time." The Will It Blend page on YouTube currently shows nearly 200 million video views. In 2007, World Wrestling Entertainment promoted the return of Chris Jericho with a viral marketing campaign using 15-second cryptic binary code videos. The videos contained hidden messages and biblical links related to Jericho, although speculation existed throughout WWE fans over whom the campaign targeted. The text "Save Us" and "2nd Coming" were most prominent in the videos. The campaign spread throughout the internet with numerous websites, though no longer operational, featuring hidden messages and biblical links to further hint at Jericho's return. In 2007, Portuguese football club Sporting Portugal integrated a viral feature in their campaign for season seats. In their website, a video required the user to input his name and phone number before playback started, which then featured the coach Paulo Bento and the players waiting at the locker room while he makes a phone call to the user telling him that they just can't start the season until the user buys his season ticket. The Big Word Project, launched in 2008, aimed to redefine the Oxford English Dictionary by allowing people to submit their website as the definition of their chosen word. The project, created to fund two Masters students' educations, attracted the attention of bloggers worldwide, and was featured on Daring Fireball and Wired Magazine. Between December 2009 and March 2010 a series of seven videos were posted to YouTube under the name "iamamiwhoami" leading to speculation that they were a marketing campaign for a musician. In March 2010, an anonymous package was sent to an MTV journalist claiming to contain a code which if cracked would give the identity of the artist.  The seventh video, entitled 'y', appears to feature the Swedish singer Jonna Lee. On July 14, 2010, Old Spice launched the fastest growing online viral video campaign ever, garnering 6.7 million views after 24 hours, ballooning over 23 million views after 36 hours. Old Spice's agency created a bathroom set in Portland, OR and had their TV commercial star, Isaiah Mustafa, reply to 186 online comments and questions from websites like Twitter, Facebook, Reddit, Digg, YouTube and others. The campaign ran for 3 days. http://www.empowernetwork.com/almostasecret.php?id=debagta12

Saturday, June 8, 2013

10 of the Most Innovative Small Businesses of 2013

10 of the Most Innovative Small Businesses of 2013 Daniel Bukszpan - CNBC8 Jun 2013 No matter how far the marketplace advances, there will always be problems that plague consumers and that no company can seem to solve. This is not necessarily a bad thing, because it creates a niche for the right company to fill. For example, motorists experience considerable straining when cleaning their windshields from the inside. So the makers of the Windshield Wonder saw an opportunity to address an unaddressed problem, a successful product was born, and the rest is history. Small businesses can experience great success and expand their operations when they find innovative solutions to common problems. Often, it can mean cultivating a loyal and much-needed customer base, which any small business needs in order to sustain itself and grow. What follows is a list of 10 innovative small businesses that are making their mark this year with inventive products. Read ahead to see what they are. Yardarm Technologies image credit: Yardarm Technologies Gun legislation has always been a front-and-center topic in the U.S., but it reached a fever pitch in the months following the tragic events in Aurora, Colo. and Newtown, Conn. But while politicians have been trying without success to find a solution, Yardarm Technologies has come up with a high-tech idea--a wireless controller that allows gun owners to disable a weapon remotely. If a gun is moved, an alarm is triggered on the owner's phone, and he or she can then disable the weapon remotely. An Associated Press report said that the technology would cost gun owners an extra $50 per weapon, while the service itself would carry a $12 annual fee. Systems and Materials Research Consultancy image credit: SMRC 3-D printing is a technology that fabricates objects based on a digital model. It made headlines in 2012 when a company called Defense Distributed created the world's first 3-D-printed gun, but Systems and Materials Research Consultancy is currently researching ways to use it to fabricate food. NASA awarded the Austin, Texas-based company a Small Business Innovation Research grant of $125,000to develop food to be printed for space missions. Senior mechanical engineer Anjan Contractor said that the technology could someday be used to address world hunger. AMP Americas image credit: David Reede | All Canada Photos | Getty Images AMP Americas is a Chicago-based company that makes compressed natural gas. While the alternative fuel market already has plenty of businesses that call themselves "innovative," this one truly is: Its fuel is converted from cow manure. The company's efforts were highlighted in March in The New York Times, which said the fuel was being used by a dairy farm to power it 42 tractor-trailers that deliver its milk to different states. The article also cited Energy Department officials, who called the technology a "pacesetter." Able Planet image credit: Able Planet People who don't need a conventional hearing aid but want to enhance sounds can use a personal amplifier. Able Planet is a noise-cancelling headphone manufacturer whose personal amplifier was singled out for praise by The Wall Street Journal in September, and in Popular Science in December. The technology uses noise-cancelling technology and is smaller than a dime. In a February CNET review, writer Elizabeth Armstrong Moore said: "I can certainly imagine putting these on regularly when I go to bars, rock shows, and soccer matches where I sometimes struggle conversing with the person right in front of me." SnuggWugg image credit: SnuggWugg | YouTube Changing a diaper is one of life's less pleasant tasks, even when baby is lying perfectly still. Much of the time, however, baby doesn't lie perfectly still, and thrashes and squirms. This created a ripe opportunity for a resourceful entrepreneur to revolutionize the process, and Lisa Cash Hanson was that entrepreneur. Hanson invented the SnuggWugg, which she described in an e-mail as "an interactive diaper changing pillow that helps parents so their babies don't twist and turn on the changing table." The business will launch later in 2013, but it already has the advantage of having won the 2012 Huggies Mom Inspired Grant of $15,000. See the next article. http://www.empowernetwork.com/almostasecret.php?id=debagta12