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Posts Tagged ‘online’

Style V. Substance: Which Matters More?

Saturday, July 31st, 2010

Remember back in high school, when the guys with the coolest cars got the dates (at least that’s how I justify my lack of dates back then)?  Then you flash forward 15 years later, and those “cool car” guys haven’t moved out of their parents’ basements (and still drive the same cars that they did in high school).  While the guys who had nothing better to do than study (as they weren’t going out on dates) now have good jobs.  It plays out with regularity with every generation — style wins the battle, but substance wins the war.

While substance is the valued trait at work and in our personal lives (or at least it should be), it seems with buying decisions we lose all grip on reality and defer to the “better looking” product or service.  Why am I going with this and why does it matter?  This shallowness really impacts small business and could be a security threat for online shoppers.

For small businesses that want to have an online presence, but can’t afford a top-line web designer, the choice is often to go with a standard design template.  So if you’re selling the same product, but your site doesn’t have the same pizazz as a competitor’s, and all other things are equal (like pricing and product), we as buyers will go with the “cooler” site. 

Why?  Because it conveys legitimacy.  If someone spends a lot on a site, they must have a lot of money because the site is successful, and therefore safe. 

And here is where the security threat comes in.  Just because a site looks better, doesn’t mean it’s safe.  In fact, those same “cool guys” from high school (that are living in their parents’ basements) have plenty of time to dedicate creating fraudulent/less trustworthy sites than a successful offline business person.  So once again, we go with what looks better, and don’t take the time on the businesses with substance. 

What’s the solution?  Well, this is KikScore.com’s blog, so you probably have a guess what I think is the answer.  But I’m open to other suggestions.

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When Virtual and Real Worlds Collide

Tuesday, June 22nd, 2010

Last night the real and virtual worlds kep colliding.  How did it start?  With a happy hour.  Which is always a nice way for the evening to start.  My good friend from my old workplace was in town.  He was there for a conference and met with some of the attendees after the first day. 

Here comes the first collision.  I didn’t get a call from my friend that he was in town…instead he tweeted me the location.  My wife and I showed up. 

The second collision was that most of the happy hour attendees knew each other from social media.  When I was asked how I was connected to the happy hour, my answer of being a former co-worker of the organizer seemed so antiquated.

I’m having a very nice time at the happy hour — talking technology, KikScore, other businesses (like BumperTunes.com).  At the end, as I was leaving, I realized that I knew the Twitter handles of people instead of their actual names. 

As we decide to go to dinner after the happy hour, we of course jump on our available smartphones and make a reservation on OpenTable.  We go to dinner and my buddy proceeds to take pictures of the food and outline what his Yelp review i going to be of the establishment. 

At the end of the night, we said goodbye and then my friend thanked us on Facebook and Twitter.

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Business Roadblocks — Is Growth Our Own Worst Enemy?

Tuesday, May 25th, 2010

One of the reasons I enjoy being part of the KikScore is the fact that it is our own business.  Sure we have meetings and on big decisions we need to get a majority vote, but generally I can do whatever is in the best interest of the company. 

The flip is true for my day job.  No decision can simply be made.  I must first draft a compelling email, then create an attractive power-point presentation, and finally convince our legal/compliance department that I’m not the anti-christ (which is harder than you may think).  I would say that despite having a full-time job dedicated to creating new opportunities,  I spend less than 50% of time actually doing it.  The rest is overcoming internal process.

So is that what is really meant when we say that small businesses are “nimble”?  Is it that they don’t have internal machinations dedicated solely to preventing risk or is it because entrepreneurs are able to make quick decisions (and why they are their own bosses in the first place)? 

A better question is: can you ever avoid creating your own business roadblocks?  Every small company that is successful eventually becomes a larger one.  At that point, the larger company has a business to actually protect and risk takes on new meaning.  Certainly a small business doesn’t fret about risk as much, because they are “judgment proof” — meaning that if they are ever sued, the business simply packs it up and the owners move onto something else.  With a larger business, it can actually pay a judgment and risk means something (at least to the shareholders).  Perfect example is my day job.  10 years ago, it was a start-up with 3 employees.  Decisions were fast and the business grew faster.  Now we are part of a larger organization and our growth is a fraction of what it used to be.  On the other hand, we’re very profitable now (and were not in the beginning).  So risk means something to us.

What do you think…is there a way to avoid this?

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At What Point Should a Small Business Call in the Lawyers?

Tuesday, February 16th, 2010

“The first thing we do, let’s kill all the lawyers”.  It’s a oft-repeated phrase from Henry VI (and from many former clients).  Love them or not, at some point, every small business is going to have to work with (or against) a lawyer.  Some do it early, some later.  Think about just setting up a business.  Do you do operate as a sole enterprise, and LLC, a corporation or (if working with others) a partnership.  What are the implications of these decisions? 

You get past formation, now does your business have a special product or process that should be protected with a patent filing?  Is your business name something you want to protect (or at least prevent your competitors from using) — if so, looks like you’ll have to consider filing for a trademark. Your website is up and running…do you have a site agreement, terms of use, etc?  What about a privacy policy?  Where do you get a good and enforceable service agreement?  Now your business is growing and you must hire employees and contractors to help, what agreements do you need in place and are you aware of the relevant employment laws and regulations.

I’m not making this post an advertisement for the legal practice, but with all the potholes out there, it’s scary.  If your business is fairly straight-forward, you can take advantage of commercial forms (take a look at LegalZoom).  But that won’t get you all the way there.  For example, we here at KikScore have a couple of lawyers as part of the team (myself included).  You’d think we wouldn’t need to hire outside lawyers for our start-up.  Well, it may be because we don’t have the brightest lawyers on staff (myself included), but we have a patent lawyer and an outside corporate lawyer helping us out.  I’m not saying this is the way to go…I’m sure because of our backgrounds we over think a lot of the decisions.  In fact, my dad has operated relatively lawyer-free for the past 30 years and has handled most of his business disputes in small claims court.  But he’s also heavily armed, so it’s not an apples-to-apples comparison.

What’s your opinion on when to call in the unfrozen cave-man lawyer?

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Is There Brand Loyalty In A Recession?

Thursday, January 28th, 2010

sThere are no atheists in a foxhole, but is there brand loyalty in a recession?  In our household, the answer is…nope.  I’ve been noticing this past year the slow emergence of generic groceries cropping up in our cabinets.  Generics?  Dear Lord, the last time I was subjected to generic groceries was growing up with my frugal parents.  Instead of Fruit Loops, we got those Fruity O’s…you know the similarly colored, fruit-flavored cereal that comes in a bag.  Yum.  But my wife insists that times have changed and store-label food products are just as good.  So instead of Irish Spring, we now use Up And Up (Target’s generic brand of green soap).  It’s not bad.  Instead of NyQuil, another Target brand (we love Target).  Instead of Cinnamon Toast Crunch…we continue to get Cinnamon Toast Crunch (you don’t skimp on the important things).  But our household isn’t alone.  It appears that in 2009 there was a surge of generic and store label brands in grocery stores.

But besides my Cinnamon Toast Crunch, I did notice that our household isn’t going generic on clothing…specifically my wife’s boots and jeans.  And she is making the point to go to her favorite small business boutique to get these items (Garbarini, just in case you’re looking to do some shopping in Denver).  When I asked why, the reason she said 1)  because Garbarini has a much better selection than the department stores; and 2) she wants to make sure her favorites stores survive the Recession.

So this Recession may be an opportunity for small and online businesses for a couple of reasons.  First, shoppers are obviously looking to save money and don’t really care where they buy their Sony Bravia — obviously an advantage for online sellers with no overhead cost.  However, ther may also be some brand loyalty to stores and business that specialize on certain product lines and/or customer service.

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Small Biz Interview with Tufted Topper owner Madalyn Duerr

Wednesday, January 27th, 2010

sunset_sailingIt’s a busy week for Tufted Topperand owner Madalyn Duerr as she excitedly prepares for the Strictly Sail show at Navy Pier in Chicago this coming weekend. Tufted Topper isn’t just for avid boaters, it is a unique custom mattress pad that can be created for any mattress. Tufted Topper was one of our first KikScorebeta customers and has been a great partner in providing feedback and suggestions not only on the KikScore products but also on small business ventures and various other tidbits. Thanks Madalyn and Tufted Topper – best of luck in the show this weekend!

1. Tell us about Tufted Topper and who you focus on serving?
Tufted Topper’ is a custom-made pillow top pad to make any sleeping area more comfortable, giving you mattress comfort without the mattress price. We focus on the marine industry but a topper can be used in campers, on hide-a-beds, or on your own uncomfortable mattress at home.

2. What prompted the launch of Tufted Topper?
The idea for ‘Tufted Topper’ came out of our own need. We were avid sailors spending long weekends on our boat. Sleeping quarters on boats are notoriously uncomfortable and custom mattresses are a very expensive luxury. We had a friend in the mattress business who agreed to make us a topper for our v-berth. It made a world of difference. Once others on our dock heard about the comfortable pad, they wanted one too. A new business was born. However, our friend did not have the equipment needed to make all the intricate cuts and corners found on most boats. After an intense six-month search, we found the perfect vendor and began exhibiting our product at several boat shows but it soon became apparent that we needed more visibility and an easier way for customers to purchase our toppers.

3. How did you get started selling online?
We quickly realized that a website was in order and that a ‘safe’ ordering process was not only important but necessary. Today, more than 85% of our business comes through online sales. Our customers want easy access to product information and simple ordering procedures . . . simple but succinct . . . a challenge when you want to attract customers and provide all the information you can without being overwhelming.

4. Where will Tufted Topper focus most of its energy in 2010?
In 2010, much of our energy will be focused on improving the website and making sure our customers have confidence in shopping with us. KikScore is a great tool that helps us demonstrate that trust online.

5. As 2010 begins, what trends do you see in your business this year?
Slowly coming out of a recession, we look to this year as a ‘retrofit’ year . . . . people remodeling their homes instead of purchasing new ones, getting new tires and brake jobs instead of buying new cars, adding a few small luxuries to their current boats instead of trading up. If that rings true, it should be a good year for ‘Tufted Topper’ . . . . a terrific and affordable upgrade for a boat, camper or home.

If you are out in Chicago this weekend, head to Navy Pier for the show and stop by booth 453 to say Hi to Madalyn and explore having a Tufted Topper custom fit for you!

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Are Successful Entrepreneurs Really Risk Takers? Malcom Gladwell Doesn’t Think So

Tuesday, January 26th, 2010

malcom-gladwellBy nature, I’m a contrarian.  It could be that I just like to argue, but if the conventional wisdom is one way, I’m inclined to believe the opposite.  Since “Blink” and “Tipping Point” became the reference points for almost everyone in the business world, I started to heavily discount any theory or research posited by Malcom Gladwell.  The great thing about being a contrarian, you don’t even need to read the work or understand the position that you’re disagreeing with — you just take the opposite side.  So, of course, I had a very good handle on Mr. Gladwell’s work without actually reading it.  Unfortunately, my intentional ignorance didn’t last long.  As a reader of the The New Yorker, I kept coming across articles that I really enjoyed.  The problem: these articles were written by Malcom Gladwell.  When does this guys sleep?  He’s everywhere.  I wouldn’t be surprised if shows up on Sesame Street, explaining  supply side economics in a child-friendly way. 

Why this long explanation?  Because I’ve completely abandoned by dim view of Mr. Gladwell, and repeat every single thing he writes as gospel.  I sicken myself.  Today will be no different.  In a recent New Yorker article, Malcom takes on the widely held belief that successful entrepreneurs are risk takers and mavericks.  In his view, that may be true for many entrepreneurs, it just isn’t so for successful ones.

Instead of being risk-takers, successful entrepreneurs are those with unique insight or information that see the value in something that others do not, and strike.  These individuals don’t risk their own money (or if they do, very little of it) and act more as predators than as free-wheeling mavericks.  He profiles Ted Turner and John Paulson to make these points.  And ends the with the results of a survey of individual business owners — where it establishes that this group is much more willing to settle for less monetary compensation so long as it is more certain.

So what’s your view?  Do you agree with Malcom, or are entrepreneurs risk takers?

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Small Biz interview with Little Duck Organics owner Zak Normandin

Monday, January 25th, 2010

LDO LogoToday’s KikScore interview is with Zak Normandin, owner of Little Duck Organicsa unique and tasty organic snack food for infants and toddlers – and adults too!  We came across Zak and Little Duck Organics on Twitter where Zak and team are actively promoting their yummy organic treats.  Little Duck Organics is relatively new to the online community and shares a passion for the world of small business and bringing a much needed product to the organic conscious community.  I had the pleasure of talking for awhile with Zak and sharing startup ideas and promotional concepts.  Thanks for your insight Zak and for being a KikScore customer!

1. Tell us about Little Duck Organics and who you focus on serving?

Little Duck Organics is a business that I started developing in February of 2009. My wife and I have always been a fan of all natural/organic/locally produced products, and when we went food shopping for our daughters we really didn’t see anything like that available in the baby aisle. Most of the products that were available contained added sugars, artificial flavors, and preservatives which we preferred not to feed to our kids. When we talked to other parents, they agreed that there was definitely a lack of wholesome, nutritious products available for babies. At the time, I was looking for a new venture to invest in, so I started researching what it would take to bring an organic line of baby products to market. It took me about 10 months to design our first line of products and arrange to have it manufactured and packaged. In December of 2009, we formally launched on Amazon.com and at independent grocery stores in New Hampshire.

2. How did you get started with selling online?

One of our first customers was Amazon.com. They started buying products from us in December to sell through their online grocery division. This was the first experience that we had with selling products online. At the beginning of this month (January), we set up our own online store to begin selling Little Duck snacks directly to customers through our website. This allowed us to have a little bit more control over product placement, descriptions, Etc. Overall, the experience has been great. We’re focusing now on increasing our conversion rate and finding new ways to advertise to potential customers.

3. Where will Little Duck Organics focus most of its energy in 2010?

In 2010, our goals will be to expand our retail and online distribution channels and develop the Little Duck Organics brand. One of our main focuses will be to build customer loyalty and awareness within the baby products niche. We will be working closely with the blogging community, and plan to do a lot of traveling to sample our products at retail stores. In addition, we’re planning on introducing two new products later this year that will compliment our current line of products.

4. If you had 1 lesson that you learned from your business that you could pass on to others about selling online, what would it be?

The biggest lesson that I have learned so far since we set up our online store is that you need to be very aware and organized with all of the external costs associated with selling a product through a website. Credit card fees, boxes, packing materials & shipping costs all add up with you are selling a product with a low retail price. You need to keep these things in mind and adjust your prices accordingly so that what you are offering to customers is still attractively priced.

5. As 2010 begins, what trends do you see in your business this year?

As far as trending goes in the organic baby sector, I think that there will be more of a shift from the conventional baby food companies to upgrade their product lines to incorporate more natural/organic options. Fortunately for us, Gerber will always be Gerber and Beech-Nut will always be Beech-Nut. No matter how they market their products, they will always have the same brand-association in the mind of most consumers. Our advantage is that we were able to start from ground zero and build a brand around a mindset (Creating delicious organic baby snacks with no preservatives or additives).

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

I’ve always loved the movie “Click” with Adam Sandler. I really relate to his character, and although the movie does not directly relate to Little Duck Organics, I can see a lot of similarities between the story-line and our business. For anyone who has not seen the film, the main character is an architect who has the ability to fast forward his life to critical points of success. Basically, he does not want to have to go through the mundane and only wants to experience the promotions, bonuses, success Etc. I don’t want to ruin the movie for anyone who has not seen it, but at the end Sandler learns to appreciate his family, friends, and the journey of life more than he previously had. I’m making a big effort to do the same in my life and at Little Duck Organics this year. I need to enjoy the process of building the business and everything that comes along with it. We’re doing something that most people only dream of , and that in itself should be viewed as an accomplishment.

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

I can’t think of anyone specific off the top of my head, but it would have to be a celebrity or someone famous who has the same mindset as our company. I would prefer a mom who understands the value in feeding wholesome organic foods to their children.

8. How do the folks at Little Duck Organics let loose after a busy day working?

Although most of my time is spent building the business, It is nice to wind down after a long day at work. At home, I enjoy spending time with my wife and daughters. We love trying out new foods and traveling. In the summer, we usually go for a walk every night with our dog. My older daughter loves helping me cook, so I try to do that with her whenever I can. At three years old, she can already make a mean Alfredo sauce :-)

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

Know your competition, Work your butt off, Pray for luck.  Cheers!

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What Sparks a Small Business Venture?

Wednesday, January 20th, 2010

ks Pic2When starting a small business, what drives and motivates you? Is it passion for a cause or the imminent proof that there is a vacancy for a certain need? In talking with a variety of small business owners for our KikScore blog, the desires and drive to start their own venture vary as much as the different products and services they offer such as KKBB and SimplyAstro

If I were to have followed true passion in where I could be doing the daily equivalent of a comforting and true cause past time, I would have opened a No-Kill Cat shelter… however, this was a very difficult venture to get past my husband Lou, who has more of a passion for golfthan rescuing cats. Add the fact that neither of us has the building space or other means to house so many furry friends. Plus the overhead of running a shelter can be very costly and you need to ensure you have ample vet care on site and plenty of other key resources.

The general thought is you will find happiness doing what you love, it takes the ‘work’ out of ‘work’.   So what you need to find is a viable product, service, or solution that people need — or something that you can convince the general populous they can’t live without.

So how did my KikScore business partners and I end up here?

Another key element in launching a successful start up is to tap into the inner expertise of yourself to uncover a passion that had been slighted due to mundane day job activities, or inability (not to mention lack of desire) to climb the corporate ladder.   All of us at KikScore have vastly different backgrounds, yet a strong desire to not only be our own bosses eventually, but also to provide a product that is cutting edge.

Technology became a strong passion of mine, having launched my career shortly after college working for one of the most accredited entrepreneurs out there, Bob Parsons at Parsons Technology.  As technology and the Internet have migrated over time, running in stride and identifying the gaps are what caused KikScore to come to fruition.

How do I feed that need to own a cat shelter someday? Well… we do have multipe cats running about our home which reminds me I’ve saved some great lives. I frequently volunteer at the local shelter to share the warmth and experience some excess purring.DaxCosmoHeineken

Back to the original question, when starting a small business, what drives and motivates you? Share your stories and ideas with us. We’d love to showcase your small business story for the next KikScore blog!

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Small Business Interview with Sitemakers’s Geoff Jackson

Monday, January 18th, 2010

sitemakers logo

Geoff Jackson is the Social Media Strategist & Web Marketer for the UK based ecommerce solutions provider, Sitemakers.  We came across Geoff and Sitemakers on Twitter in mid-December.  Geoff and Sitemakers can bring small businesses and the Kikscore community a unique and more global perspective on ecommerce and online business trends.

1. Tell us about Sitemakers and who it focuses on serving?

Sitemakers is a UK based company specializing in ecommerce services. We work with independent retailers to help them to become successful online retailers. We have our own ecommerce platform, LiquidShop, and we provide our clients with a full service including the software they need to run their website, a full design service, ongoing support and marketing services.

2. Where will Sitemakers focus most of its energy in 2010?

We will be dividing our energy between making sure our existing clients continue to grow their businesses and seeking out new clients who can benefit from our services. Existing website owners who move to LiquidShop invariably see an increase in their online sales and we want to help more retailers enjoy this growth during these difficult trading conditions.

3. If you had one key lesson learned from your online selling experience that you could pass on to others, what is that?

Something we notice regularly is that it is existing retailers who often do best when they branch out into selling online. They know their business, they know their market and have existing relationships with suppliers. We bring the technical knowledge and the specific retailing knowledge that relates to the internet and it is this partnership that lead to a successful online shop.

4.  As the new decade begins, what do you see as main new trend in 2010?

New technology that has really caught consumers’ imagination is the smartphone. Led by the iPhone, and now followed by Google’s own Nexus, these devices have changed the way that users think of the internet and their relationship with it. An easy-to-use device with intuitive applications, large clear screen and instant on-all-the-time internet connection all lead to the expectation that information is available whenever and wherever you want it. Barcode scanning apps such as Shop Savvy mean that consumers can do their price comparison in-store just by scanning a barcode and looking up competitive prices there and then. The number of people who have bought something using these devices has started to grow, and it is expected that more than half of users will have bought something using their smartphone by the end of this year. It’s been dubbed ‘m-commerce’ – but whatever it’s called it’s coming fast in 2010.

5. Do you have any parting thoughts?

Yes. Retailers who don’t have an online strategy in place are being left behind. Christmas sales show again that it is the multichannel retailers who did best. All retailers need to adopt a strategy that lets consumers decide when, how and where they will do business with them. This may mean starting a transaction in-store and completing online, or researching online and buying instore or even on the phone. Give consumers the options they want and they will stay loyal to you.

Let us know your thoughts in the comment section below on this interview.

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