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Archive for January, 2010

Art of Innovation in 10 Steps – Video Flashback

Friday, January 15th, 2010

On a Friday before the long, Martin Luther King weekend,  we thought we would change things up a bit here.  We would hit you with a 2009 masterpiece from the startup master, Guy Kawasaki.  If you do not already know, Guy is a venture capitalist who did a couple of early tours at Apple and is the author of a start-up must read, the Art of the Start.  He is now the Managing Director of Garage Technology Ventures, is running his latest company, Alltop, and continues to give speeches and talks across the country on startups, innovation, entrepreneurship, social media and small business success.

This video is a (well) sliced version of a presentation he gave last year where he discusses in about 8 minutes the 10 steps (plus a bonus one) for innovation and making your startup a great company.  Since KikScore is a startup we pay particular attention to the guidance, like Guy’s presentation, that is given on startups. In fact, you can see that in our series where we narrate some of the issues we face building our startup into a viable business.

Please check out the video of Guy’s presentation below so you get context for these ten steps that he covers:

1. Make Meaning

2. Make Mantra

3. Jump to the Next Curve

4. Roll the Dice

5. Don’t Worry be Crappy (no that is not a typo)

6. Let 100 Flowers Bloom

7. Polarize People

8. Churn Baby Churn

9. Niche Yourself

10. Follow the 10/20/30 Rule

11. (Bonus) – Don’t Let Bozos Grind You Down

Please tell us what your thoughts are on the 10 steps.

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Archive for January, 2010

Do You Protect Your Business Brand From Your Personal Brand?

Thursday, January 14th, 2010

brand manSmall and start-up businesses need to build an identity in the marketplace.  With or without using our KikScore service, a newer or lesser-known business needs to establish a brand that is recognized and trusted.  But newer and smaller businesses are often just the reflection of the individual owners, so what do you do as a business owner so as to not offend a possible customer or partner?

As most bloggers, I have a personal example to share.  Of the KikScore team, I think I’m the only one to have voted for McCain…I know how to pick a winner (I hated Palin, but would have loved to see Johnny Mac in the White House).  But when we officially launched KikScore, as I was putting on the business bumper sticker, I removed the “John McCain 2008”.  Why?  Because as an entrepreneur, I don’t want to offend a potential customer and I don’t want to link the KikScore brand with my personal ideology.  In other words, I’d rather have a successful business than let the world know my political leanings.  But does it matter?  Maybe it could help your business, as your personal beliefs could align your business with customers with similar positions. 

Right or wrong, the marketplace assigns values to businesses that may or may not be intended by the owners.  Think about Walmart and Costco. Each provide a bulk/warehouse shopping experience, located in the suburbs.  But Walmart is deemed to be “Republican” and Costco is “Democrat”.  I seriously doubt either business wants to cater only to half of voting public, but some people will only shop at the bulk warehouse that is more in line with their political affiliation.

The question now remains is do you tone down your personal activities to avoid turning off your customers, continue as-is, or assign you personal affiliations to business in an effort to win business?

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Archive for January, 2010

Small Business Interview with Trackpack Coolers' Andrew Shelton

Wednesday, January 13th, 2010

Trackpack Coolers

 I connected with Andrew Shelton from Trackpack Coolers through LinkedIn a few weeks ago when I first approached him about this interview.  In the interview below Andrew shares with us his unique insight and advice on everything from NASCAR to the best type of shopping cart to put on your small business website!

Tell us about Trackpack Coolers and who you focus on serving?

TrackPack Coolers LLC manufactures a unique backpack style beverage cooler that is capable of chilling and dispensing 20 “beverages” of your choice! Each TrackPack® Cooler includes three reusable freezer gel-packs, our proprietary dispensing frame, and a waterproof liner insert – so the frame can be removed and the cooler can be filled with just about anything, including ice. Our customers include tailgaters, race fans, music festival attendees, and many more…

How did you get started selling online?

The company was founded in 2006 and began retailing in early 2007; in the very beginning, our website retail channel was our ONLY point of sale. It was through our website that we were able to introduce our product to the consumer AND retail markets. We now have 5 different sales channels including retail, promotional, direct to customer, website drop-ship, and our own web retail site.

Where will Trackpack Coolers focus most of its energy in 2010?

2010 is going to be a significant growth year for our company. We are currently focused on a few key additions to our core product line, and we are also looking forward to announcing some important marketing and distribution partnerships.

If you had 2 lessons learned from your business that you could pass on to others about selling online, what are those?

Consider your customers at all times. We are constantly running tests on which landing pages, ad-words, or page layouts yield the best conversion ratings. We have found (through trial and error) that:

1. Retail sites should be as dynamic and tactical as possible – Less copy, more images and bullets.

2. Make checkout processes as convenient and easy as possible. The more pages someone has to click through, the greater the chances that you’ll end up with an abandoned cart!

As 2009 closes, what do you see as 2 new trends in your business this year?

1. There has been a considerable tightening in the competitiveness in the retail market model.

2. We quickly rebounded against traditional retail market constraints through more effective use of internet marketing– which has proven effective as we have seen a significant growth in our web-related sales model.

If your business/store could be any movie or movie character, what movie/movie character would it be and why?

Bob Mapplethorpe from Bottle Rocket (1996).

Dignan: Bob Mapplethorpe, potential get-away driver: go!
Bob: Well, I think there’s a real air of mystery about me.
Dignan: Don’t complicate it. Your number one strength is you have a car you can provide. Sell yourself! Start over. Ready, go!
Bob: Okay, alright. I’m a risk taker! I’m growin’ an entire crop of marijuana plants in my parents back yard! I think that shows…
Dignan: Wait, you’re growing an entire crop of marijuana in your back yard?
Bob: Dignan, look. I’m just not very good at this selling-yourself stuff, okay? So, I’m just gonna tell you the truth. I really wanna be a part of this team. And I’m the only one with a car.
Dignan: That’s good. That’s good. ‘Cause that hits me right here.

If Trackpack Coolers could have a dream spokesperson for your company who would it be and why?

That’s a tough question. We’ve put in a lot of time into marketing within the racing community (NASCAR) because many of the venues allow our coolers to be taken into the events. Additionally, the NASCAR fan base is consistently noted as one of the most brand-loyal followings in all of sporting events. Also, a race car driver is relatable to the function and uses of our product… cold beverages at a NASCAR race that can be accessed quickly.  So really, we’d have to say any of the major drivers… 

How do the folks at TrackPack Coolers let loose after a busy day working?

Let’s get serious; we make a cooler that dispenses 20 drinks… what’s a workday?

Do you have any parting thoughts for our readers and the small business community?

Ultimately, initiative is what distinguishes a successful business from someone with a great idea. The initiative to implement your idea comes from creativity, determination, and incremental goal setting. Ideas come to fruition through a series of small steps—it doesn’t all happen in a day. You just chip away, each daya little  at a time, while keeping the overall objective in mind. To keep the long-term goal in perspective, you can’t ride roller coasters…there are ups and downs, but consistency and tenacity is ultimately what gets you through. Most importantly: Don’t let anyone tell you no. You are your own best advocate and no one is going to do the work for you. Don’t let obstacles prevent your idea from ever being tested – you have to go out and do it.

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Archive for January, 2010

What to Think About When Your Business Starts to Think Globally

Tuesday, January 12th, 2010

continentalEcommerce…by definition it’s easily accessible by almost anyone.  With no geographic boundaries that restrict a shopper’s interest your product or service, once you start selling online, you technically have an international business.  But what should you keep in mind when you do start actively reaching out to international customers?  First, you must be able to speak with an outrageous french accent.  No wait, that’s if you’re searching for the Holy Grail.  Here are a list of some things to think about:

1.  Will you sell to any potential buyer, no matter the destination?  Sounds like an odd question, but there are a list of countries that have a significantly higher  rate of shopper fraud.  In a not-so-recent article from PraticalEcommerce, a few online sellers were featured and they decided not to sell or ship to any orders from Venezuela, Indonesia or Nigeria due to the increased risk of fraud.  Also, if you’re a U.S. based business, don’t forget about the list of countries identified by the Treasury Department that U.S. businesses are prohibited from doing business with (e.g. Cuba and Iran).

2.  How will you deal with language issues?  I’ve heard that not everyone speaks and reads English fluently.  If this is correct, you’re likely going to have to have your marketing site (and application) translated into different languages.  In addition, if you offer customer service, you’ll need to have the ability to handl non-English support calls.

3.  Are you selling technology?  If you’re offering a service, like encryption software, and you’re a U.S. based business, you’ll also need to be aware of limitations placed on U.S. exports…as Uncle Sam doesn’t like providing certain technologies to companies or individuals outside of the U.S.  It seems like a lot of regulation, but the Small Business Administration provides many export centers to give small and medium sized businesses free counsel.  Here’s a link to find a center near you.

4.  How about your trademark and/or brand name?  What works in your home country may not work in others.  You may want to make sure that your business or product names don’t infringe someone else’s trademark in the other country(ies) that you’re focusing on.  You’ll also want to make sure your product or brand name makes sense.  A famous example of this is the Chevy Nova.  Great product name for the U.S., not so great when they marketed that car in Mexico — as “No va” means “no go” in Spanish.

Got some other advice on selling internationally?  Please feel free to share.

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Archive for January, 2010

Small Biz Interview with Try Toys Direct's David Taylor

Monday, January 11th, 2010

trytoyslogo

We came across David Taylor and Try Toys Direct on Twitter, just before the holidays.  David actually gave us a call and we spent about 30 minutes discussing the small business experience.  We also had a very interesting discussion on being a small business in the adult industry.  Now, please do not judge and we know this post may spark some controversy.  But what really resonated with us is that Try Toys Direct is living the small business dream.  They are fighting to establish themselves against the “big guys” in the adult toy industry.  Everyone can learn from David and his experience of getting a small business off the ground  while striving to be classy, mature and discreet in an industry that is not really known for any of those characteristics is really helpful and informative.

1. Tell us about Try Toys Direct and who you focus on serving?

Try Toys Direct is the premier adult playground where quality and discretion matters. Our mission is to provide a safe and sexy place for people to shop for adult sex toys that will enhance their sexual experience. They can shop knowing that our products were preselected for their comfort and various tastes. Although we do sell many products to single people, we designed our site to be warm and inviting in hopes that couples will feel comfortable shopping together within our store.

2. How did you get your started selling online?
We started selling on-line about three years ago when we opened up our first eBay store. From there we expanded to other auctions sites and eventually to our own website. We choose eBay as a starting point for two reasons:

A. It has a steady stream of shoppers.

B. It afforded us an opportunity to create our branding (Try Toys Direct) and assisted us with becoming an established on-line seller (reputation and recognition). 

3. What are you focusing on for 2010?

In 2010 Try Toys Direct will continue to focus first on customer satisfaction and then expansion. We list them in this order because it is extremely important to have satisfied customers in order to expand. About 30% of our sales come from repeat customers and those whom have been referred by our customers. Lastly, we will focus on growing our product line while keeping cost down for our customers.

4. If you had 2 lessons learned from your business that you could pass on to others about selling on line, what are those?

A. Research, Commitment and Patience. Know your product, know your customers and stay focused. This has been the backbone of our growth. As a small business we have learned that it is important to keep learning. We have also learned that it is very necessary to continue developing your business plan.

B. It is important as a small business to keep overhead down. There are a lot of free resources to help build and promote you business. Take advantage of them. One good source for creating back links to you site is to utilize free on line classifieds. When you first open a website, tons of companies will contact you offering to build you the stars. Remember, if it sounds too good to be true, it probably is!

5. As 2009 just closed, what do you see as 2 new trends in your business for 2010?

A. More and more couples are utilizing adult toys to enhance their intimacy.

B. People are becoming more liberal in discussing their preferences.

6. If your business/store could be any movie or movie character, what movie/movie character would it be and why?

Mr. and Mrs. Smith with Brad Pitt and Angelina Jolie. This movie depicts a couple who is in love and shares the same interest in their profession “but”, because they failed to communicate and kept their jobs a secret from each other, it almost destroyed their marriage. The point being, in our business we see people who want more in their sex lives but often fail to express their likes and dislikes with their partner. This often leads to dissatisfaction in a relationship. People should be able to feel comfortable expressing themselves to their partner and respecting each others boundaries.

7. If Try Toys Direct could have a dream spokesperson for your company who would it be and why?

Marilyn Monroe because she was both sexy and smart!

8. How do the folks at Try Toys Direct let loose after a busy day working?

I can’t speak for everyone but I let loose by going home and enjoying my family. My greatest satisfaction in life is spending quality time with those I love.

9. Do you have any parting thoughts for our readers and the small business community?

We would tell others, “don’t believe the hype”. You hear all these good stories about people getting rich quick on the Internet. It has probably happened for some, but for most, you will have as much chance of getting rich quick as you do of being drafted by the NFL or hitting the lottery. On line selling is like any other business, you only get out, what you put in. Do not become discouraged, building a business takes a lot of hard work and time. We have been selling on the internet about three years and have found it to be hard, challenging and rewarding. I do not know who wrote this but my favorite quote that inspires me is: “The future belongs to those who believe in their dreams”.

Also please swing by our new Try Toys Direct blog that we launched.

On behalf of www.TryToysDirect.com I would like to thank the folks at KikScore for this interview and acknowledge Mr Rajeev Malik from KikScore for working with us for the interview. We at Try Toys Direct wish you and the KikScore team much success and growth in your business.

We would love your thoughts on the interview.

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Archive for January, 2010

Diary of a Start-Up: The Challenge to Keep Your Business Focused

Friday, January 8th, 2010

business man watching his business finances grow

As we at KikScore roll into 2010, we are proud of everything we were able to accomplish in 2009.  We launched KikScore. (See Diary of a Start-Up I)  Our blog went live. People actually visited our site!  Actually a lot more than we expected and from some interesting parts of the world.  And we really took the big plunge into social media.  Simultaneously, we are constantly working on gathering feedback from our customers and making changes and enhancements based on that feedback.

So what is the issue facing us in 2010? One word – FOCUS – or better yet the challenge to focus.

We have a lot going on at KikScore.  For example, we are in the process of developing an exciting extension to the KikScore product that we hope to launch in the next 30 days, we are fixing and enhancing the KikScore product based on customer feedback,  we are dealing with customer service issues, we are in partnership discussions and we are redesigning our marketing site at www.kikscore.com. We also have multiple tracks of product enhancements that are being prioritized and slotted in for development. And this list is not even near exhaustive of what we have going on.

So as we began 2010, we took our heads out of the weeds and said its time to climb to that proverbial mountain at 30,000 feet so we could take a broader view of KikScore, our product, all of the activity and the daily grind so we could figure out what do we need to focus on.  In all honestly, this was probably the first time in a while where we did the “focus” analysis.  The reason is as a start-up, especially an early stage one, you keep focusing on getting your product out to the market. Once the product goes live, then you are just overwhelmed to some degree with enhancements, customer and market feedback, service issues etc that can test your start-up’s ability to focus.

So this is what we have begun to do and I would recommend that if you are a start-up you may want to do something similar. Also the key is to periodically update, measure and track progress of your focus against each of these items below.

1. Goals. As a team, set your near-term and long term goals. Near term can be 30-90 days.  Long term is 1-3 years.  Keep them in a place where the entire team can review them.

2. Activities. Then create a list of the activities that flow up to the goals.  Make sure every activity can be tied to the goals otherwise that activity should be eliminated.

3. Turbo Activities. From the list of activities try to determine which activities do you get the most out of and that with all things being equal get you closer to that goal at a faster rate.  I call these Turbo Activities because they can really turbocharge you to achieve your goals faster. So for example, we at KikScore recently uncovered an approach that may really help us with customer acquisition.  Customer Acquisition is a very important near and long term goal of ours and we have various activities that help us with customer acquisition. But this method stood out and so just this week we thought lets really focus our efforts using this method and see where that gets us for acquiring more customers.

4. Regular Update. As a startup works through these turbo activities and regular activities, while also dealing with new issues that come up each day, it is critical that the team on a regular and periodic basis assess where the business is at in regards to the goals.  As the activities, objectives and goals change over time, your start-ups focus may have to adapt and be flexible.  But while I say that, you must also be careful to not have the red herrings pop up and that push you to focus on the wrong things or to lose your focus.  This is a delicate dance that each start up needs to be careful to balance so they maintain the right focus to meet their goals.

5. Team Accountability.  Each team member needs to also dedicate themselves to keeping themselves honest and other team members true to focusing the start-up.  Without team members acting as a check for themselves and other team members, a start-up runs the risk of losing that focus. One of the ways to help ensure that team members are keeping each other focused is asking a simple question during internal discussions: Do you think that activity will get us closer to accomplishing one or more of our goals?

In the end, so much of focus for a start-up can be boiled down to the 80/20 rule.  So often 20% of your activities and work, will end up getting your startup 80% of the results that you need.  Remember this when you try to keep your focus to growing your start-up!

How do you keep your business focused?

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Archive for January, 2010

Will Entrepreneurs and Pizza Palors Save the U.S. Economy?

Thursday, January 7th, 2010

the hoffFinancial markets have melted down, real estate industry has a faint heart beat, and Corporate America has been laying off people by hundreds of thousands each month.  People are concerned about job security and not spending any more on expensive trips or dinners.  Not an ideal recipe for an economy or starting a business.  Or is it? 

There is a saying that you should “never underestimate the US consumer” — that is especially true for consumption of food.  More specifically, it is true for consumption of pizza.  Pizza is on my mind for two reasons.  First, we are in full swing of the football season and it seems that every weekend I’m eating pizza and watching football each Sunday. Quick tangent — I’m loving the new Domino’s Pizza.  Throw in some Chicken Kickers with ESPN, and you’ve got a great little Sunday. 

The second reason for my focus on pizza is an article that I stumbled across in the USA Today.  It discusses the rise of entrepreneurs in the form of franchisee owners, with a particular focus on CiCis Pizza franchises.  I did a little research and found that in this recession, Dominos continues to grow (just an fyi, my hope is to praise Dominos enough to get some free pizza out of this blog posting).  The pizza business has only flurished in this environment.  There is also a profile in the WSJ this past week on California Pizza Kitchen — with their founders leaving the law as defense attorneys to create a pizza chain concept. 

As the numbers are showing, Americans love pizza.  It’s cheap and tasty, it’s also relatively easy to start a pizza shop.  Take these facts and couple it with all the successful individuals looking to start a business, and we may be facing a marinara-led growth out of this recession.  Or at least a free pizza coupon for me due to my sucking up to Dominos.

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Archive for January, 2010

Solicit and Listen – Customer Feedback is critical to business success

Wednesday, January 6th, 2010

Clip noteSocial media was the craze of 2009 and will only continue to gain ground in 2010. Blogging about your product and/or service is an incredible way to promote your business or product. While customers and passersby can comment on blog entries or Tweet their favorites, how do you convert the blog commenter into a devoted and loyal customer for future success?

As a business owner, you need to provide easy to use feedback tools to ensure that you are in touch with your customers (and would-be customers) and frequently and consistently responding to their needs. This entails listening to comments and being able to categorize them and REACT. There are a variety of tools available (some such asCrowdsound, RatePoint, Yelp) but do these sites bring traffic back to your site? Some do, but some are a link off with minimal options to react to comments. In a previouspost by DojoMike:  customers are sometimes reluctant to provide feedback (positive or negative).

To maintain an open dialog with customers and encourage feedback, the comment avenue needs to be easy to use and promote responses from the merchant/business owner. As a business owner, you also need to be able to solicit feedback and react to it, professionally. If a negative comment comes through, don’t ignore it, you need to respond and make changes that address the issue. At a minimum, sending an email to a customer who recently bought an item from your online store is an easy avenue to inquire if the ordering process was seamless and also to ask for website suggested changes or product improvements. The more you ask a customer for their input, the more likely they will become a repeat customer AND tell their friends about your site and excellent customer service.

At KikScore, we have created a feedback tool within the KikScore seal itself. Comments that are posted here are sent directly to merchants to review and respond. These comments are also available for all to see that are reviewing that site’s KikScore Seal.

How do you solicit feedback from customers? What do you do with the feedback you get? Do you have any feedback/suggestions for KikScore? Please share with us!

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Archive for January, 2010

SmallBiz Conversation with KKBB Apparel's Michael Banos & Tom Prince

Tuesday, January 5th, 2010

KKBB

Today’s KikScore small business interview is with Michael Banos and Tom Prince from the super hip KKBB Apparel.  Michael, Tom and KKBB caught Kikscore’s eye for a number of reasons as you will see from their uniqueness and creativity that comes through in the interview.  But everyone should check out KKBB’s About Us page is very cool and follows from what we often talk about at KikScore that every small business should have a unique personality that your customers can relate to.  Kikscore is not even a customer of KKBB’s but their culture, vibe and approach is refreshing!

1. Tell us about KKBB and who you focuses on serving?

KKBB is an apparel company specializing in vibrant, off-the-wall designs. It’s pretty hard to ignore a piece from our catalog. Our target demographic is the 13-24 year old crowd. Young trendsetters who have an affinity for music and action sports. We went out on the Vans Warped Tour last year and pretty much hit the nail on the head with who we were trying to reach with our product.

2. How did you get your started selling online?

We’ve had an online store from the very beginning. When we launched the brand our website was up right away and we featured the online store from day one. Right now we’re in the process of creating a section of the store that is wholesaler specific. Our hope is to give each of our wholesale clients their own login which will grant them access to the wholesale prices and ordering forms. This should make the process of ordering wholesale from us easier on both ends.

3. Where will KKBB focus most of its energy in 2010?

Hopefully we’ll be able to maintain the solid customer base we’ve created by engaging them with interesting and funny content through our various web incarnations (website, Facebook, etc.). We’ll be working hard on bringing the brand to people who’ve yet to hear of it and taking steps to acquire more wholesale accounts, both big and small. We’re also looking to sponsor bands and extreme athletes.

4. If you had 2 lessons learned from your business that you could pass on to others about selling online, what are those?

1. Be aware of all the various fees you’ll be encountering through online sales, such as PayPal or fees applied by your store’s host. They can add up very quickly.

2. Make sure to have a solid shipping method setup. That way when the orders begin coming in you can keep up with the volume.

5. As 2009 just closed, what do you see as 2 new trends in your business this year?

We’re going to be getting more involved with sunglasses and other accessories. Also, by the end of 2010 we should be making the transition into cut-and-sew pieces. It wont be long before you’re seeing KKBB jeans, jackets, button-ups and much more.

6. If your business/store could be any movie or movie character, what movie/movie character would it be and why?

The first thing that comes to mind is Chuck Norris but he’s been a bit of a cop-out as of late so we’ll go with King Leonidas from the movie 300. While on tour last summer we adopted the call and response of “KKBB… What is your occupation?!”, “HUH HUH HUH!!” Warped Tour is no joke and it is not for the weak of heart. The KKBB crew never backs down, never gives up, and never surrenders. We are willing to push our bodies to the brink to reach whatever goals we’ve set for ourselves.

7. If KKBB could have a dream spokesperson for your company who would it be and why?

Christopher Walken would make the absolute perfect spokesperson for KKBB. If he was going to shoot a commercial or something for us I don’t even think we would give him any lines. I think we would just hand him a shirt to hold up while he spoke into the camera. We could just let this go on for an hour or so and then go into the editing room and splice the gems together. I’m confident it would turn out to be the most brilliant ad campaign ever.

8. How do the folks at KKBB let loose after a busy day working?

We usually find ourselves at the local watering holes with friends, playing 9-ball and shooting darts. We just try and relax because we rarely get any days off. When we do it’s a ton of lounging.

9. Do you have any parting thoughts for our readers and the small business community?

When you’re greeted with the opportunity for a business meeting, take it, regardless of who it is or what company they represent. Just because a company/product seems unrelated to your own doesn’t mean you wont pick up a great piece of advice, an amazing new contact, or hear about a product that may be useful to you in the future. But always keep in mind, everyone is playing an angle and you have to know what it is.

Thanks to Michael for taking the time for this interview.  If you have questions, please post them in our comment section and we will get Michael to answer them!

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Archive for January, 2010

What's the Final Verdict for 2009 Holiday Onlines Sales? You May Have Sold More, But Did you Make More This Year.

Monday, January 4th, 2010

By all accounts, the 2009 holiday sales numbers seem pretty strong.  In a recent post, TechCrunch highlighted that the recent comScore assessment of online sales this year.  It touted that the revenue was up,  compared to the 2008 holiday season, 5%.  As we have alluded to in earlier posts, it not necessarily an indication of overall health of the economy, as that growth is likely coming at the expense of Bricks and Mortar shopping.  In addition to a growing acceptance of eCommerce versus fighting the crowds at the mall, 2009 included another wildcard that likely built up the number — the massive snow storm that plagued the East Coast for most of the holiday season. 

No one is going to argue that 5% growth isn’t great — most companies, in this economic environment, would love to have that type of growth.  But a valuable lesson that I learned in business school — it’s pretty complicated concept — the bottom line is a better indicator of business health than the top line.  So, though revenue may be up, what’s the profitability look like for the 2009 holiday shopping season?  Were shoppers buying low margin items with that cost a lot to resell?  It seems that may be the case.  According to comScore, this holiday shopping season saw a lot of high price ticket items (with not a lot of room for mark-up) that were the big sellers this year.  In fact, consumer electronics saw a 20% increase in sales this year, with jewelry and watches also as strong items.

So the question I pose to all online sellers is this — did your profitability rise at the same rate as your revenue this season?

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