Wal-Mart Stores Inc., in the midst of spending $1 billion to raise employees’ wages and give them extra training, has been cutting the number of hours some of them work in a bid to keep costs in check.
Source:: Chicago Tribune
If you follow the stock market, you saw Facebook catapult this week from $26.35 to $34.68 after producing a great Q3 earnings report this week. The social network’s 75 percent surge in mobile ad revenue in a span of just three months not only silenced critics on Wall Street and Madison Avenue about Facebook’s business prospects, some say it could serve as a how-to guide for other Web companies navigating a world where the phone and tablet have fast become the screens of choice.
Shareholders and analysts are now asking can Facebook reach its original IPO purchase price of $38.50 per share?
And if so, what is the game plan moving forward in Q4. Facebook creator Mark Zuckenberg has already said that mobile is the future for Facebook, but what else does he have up his sleeve. Continue reading
The good folks at Shopify created a great infographic showing people how to use Pinterest to drive traffic to their websites. If you haven’t heard of Pinterest, it’s about time you start paying attention. Pinterest is now the 3rd most popular social network in the world, and businesses around the world are trying to leverage its popularity to significantly increase traffic and sales.
Some interesting notes from the Pinterest Infographic:
Monetate, an marketing consulting company in Philadelphia, recently posted an infographic that looks at traveler preferences to determine the best times during the booking process to offer upsells and cross-sells.
Since we are currently in the traveling season, I thought it would be good to share this data for any friends who are in the Tourism/Traveling Industry. There are some very interesting data points below.
For example, 45% of people who book hotels online say that they’d prefer to receive ancillary offers after choosing their hotel, but prior to their purchase. It’s also interesting to see the amount of time people spend researching their travel plans. Just another sign that we are entering the age of the educated consumer.
The inforgraphic is posted below:
“I never read a business plan, but I can tell you how we read them. We would start at the back and if the numbers are good, we turn to the front to see what kind of business it is.” Tom Perkins, Venture Capitalist
Something Ventured follows the stories of the venture capitalists who worked with entrepreneurs to start and build companies like Apple, Intel, Genentech, Cisco, Atari, AOL, Amazon and others.
Beginning in the late 1950′s, this small group of high rollers fostered a one-of-a-kind business culture that encouraged extraordinary risk and made possible unprecedented rewards. They laid the groundwork for America’s start-up economy, providing not just the working capital but the guidance to allow seedling companies to reach their full potential. Our lives would be dramatically different without the contributions that these venture capitalists made to the creation of PCs, the Internet and life-saving drugs.
|The Venture Capitalists:|
|Arthur Rock||Early investor in Fairchild Semiconductor, Intel, Apple and Teledyne|
|Tom Perkins||Founder of Kleiner Perkins Caufield & Byers, early investor in companies linke Genentech and Tandem|
|Don Valentine||Founder of Sequoia Capital; early investor in companies like Apple, Cisco, Oracle, Electronic Arts and LSI Logic|
|Dick Kramlich||Founder of New Enterprise Associates, investor in companies like PowerPoint, Juniper Networks, Macromedia and Dallas Semiconductor|
|Reid Dennis||Founder of Institutional Venture Partners|
|Bill Draper||Founder of Sutter Hill Ventures; Founder of Draper Richards|
|Pitch Johnson||Co-founder of Draper and Johnson Investment; Founder of Asset Management Company|
|Bill Bowes||Founder of US Venture Partners|
|Bill Edwards||Founder of Bryan and Edwards|
|Jim Gaither||One of the early developers of the venture financing structure still in use today|
|Gordon Moore||Founder of Intel; one of Fairchild Semiconductor’s “Traitorous Eight”|
|Jimmy Treybig||Founder of Tandem|
|Nolan Bushnell||Founder of Atari|
|Dr. Herbert Boyer||Co-founder of Genentech|
|Mike Markkula||Early CEO of Apple|
|Sandy Lerner||Co-founder of Cisco|
|John Morgridge||Early CEO of Cisco|
|Robert Campbell||Founder of PowerPoint|
Twitter has over 200 million active users creating over 400 million Tweets per day.
For business owners, Twitter has become an important tool for distributing content, providing support to existing customers and proactively reaching out to potential customers.
To make its platform more attractive to businesses and brands, In 2012 Twitter began slowly rolling out its paid ads platform, however it was only made available to certain partners on an invite-only basis. This past April that all changed when Twitter announced that they would be making Twitter Ads available to all users in the U.S.
That means no matter how big or small your business is, and no matter how many followers you have, you can now start leveraging Twitter’s paid service to amplify your Twitter presence, gain new followers, create more awareness about your business and drive more traffic to your website.
There are 3 ways to use Twitter Ads:
Here are a couple of screenshots from the Twitter Ads Website:
(Visible on Mobile, Desktop, & Tablets)
Twitter Ads: Analytics Section
Lead generation is the creation of consumer interest into a product or service of a business. A lead usually is the contact information and in some cases, demographic information of a customer who is interested in a specific product or service.
Most small business owners I speak with employ less than 5 methods of lead generation. They rarely review or change their tactics and very few MEASURE the effectiveness of their lead generation strategies. The average number most small businesses use is around 3 or 4.
This is not enough.
If you want a successful business you need to utilize as many methods of lead generation as you can. You need to hire someone to monitor the success of these lead generation methods, measure their results and tweak your strategies until you find a mix of 7+ minimum methods that work.
Once you have this mix you need to keep on shaking it up and trying other methods as well.
*This list was originally posted by Gavin Ingraham. You can go to his blog by clicking here.
A/B Test the list and see which lead generation strategies work for you. The marketing world is always changing, which means this list will only get bigger. If you have a lead generation technique that is not listed above, let me know and we’ll add it to the list.