Posts Tagged ‘ecommerce’

Is your business a trail adventure?

A favorite route - Apex Trail

Living in Colorado is refreshing and rewarding… and can force one to tackle adventures with a free spirit. The assumption is that if you live in Colorado, you are hitting the slopes every weekend. Well, I’m not a skier, but give me a good pair of trail running shoes, a crisp morning and a trail that winds up a mountain or hillside – now that’s what I call adventure! Will there be the unavoidable tree root to navigate or an elevation change that I wasn’t quite prepared for? Maybe encounter a snake or snow/ice which forces one to slow down and proceed with caution. Starting a business is a similar adventure in putting on those running shoes, climbing up the mountain, yet not certain what you may encounter along the way.

When launching a new business, we are forced to be selective of which trail to tackle first and more importantly to keep track of where we’ve been so as not to make repeat mistakes. The path of a new business needs to be able to react and learn from last weekend’s trail run and plan accordingly for next week’s adventure. My favorite poem, Robert Frost’s The road not takencan be interpreted many ways. In the success of business, we over analyze which can paralyze… How complex should your beta launch be? How are we going to support customer inquiries/issues in a timely manner? What enhancements should we concentrate on? How will we measure success? I can go on…

In trail running, I cannot be afraid to take that challenging trail and have an incredible story to share from my adventure. In starting a business, we need to be brave enough to take that less travelled road that can pave the way for others to follow, which will be our loyal customers.

When in doubt, run uphill! What twists and turns, and unexpected elevation changes have your business taken you on? Share your experience with us.

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Posts Tagged ‘ecommerce’

Brett Favre and Business

I may be starting something I shouldn’t with this post, as most of us on the KikScore team are ardent professional football fans (except Raj, who likes the Cleveland Browns).  The first 20 minutes of our Monday meetings are consumed with rehashing Sunday games (we get a lot more done during baseball season).  This year my favorite team, the Minnesota Vikings, signed Brett Favre and, in turn, they are having a great season.  So, to the disgust of Mike Collins (my business partner and Green Bay fan), I’m going to write what Business lessons can learn from the Brett Favre acquisition.

Patience:

Everyone assumes that when you come out with a new product or service, it has to have immediate market success, as-is.  But as Nassim Nicholas Taleb makes clear in his book “The Black Swan”, one of the greatest strengths entrepreneurs have is the ability to tinker.  Tinkering with a concept until it suits the market is the whole point of business.  What’s the tie-in to Brett Favre?  Well, his first year in the NFL wasn’t notable.  He was a back-up quarterback for the Atlanta Falcons — and didn’t show any indications of being a future Hall of Famer that he is.  But over time, he changed his work-out methods, how he approached the game and now, at the age of 40, he’s having one of his best years ever (that’s after 20 years of tinkering).

Talent:

Last year, the Vikings had almost every member of the current team.  They lost in the first-round of the playoffs.  Now, who knows how it will end this year, but this year’s team is much different than last year.  The biggest difference is Brett Favre — his experience and talent.  The business lesson is pretty obvious.  You can have all the supporting pieces, but talented leadership (or lack of it) can raise or sink the level of everyone else around him/her.

Brains Over Brawn:

Somewhat related to patience, is the importance of experience/intelligence.  There are a lot of faster, younger players than Brett.  In fact, the Vikings have two younger/faster quarterbacks and they still chose to hire Mr. Favre at $14M/year.  When it comes to business, it may be tempting to promote the new HBS graduate — she knows all the cool Malcom Gladwell terminology and interned at some investment bank (that no longer exists).  But maybe you should look again at the company veteran, the one that knows your product and industry well.

This posting could go on and on…so out of interest of preserving my dignity, I’m going to now end my love-letter to Brett.  Feel free to send any jeers or life-sports lessons.

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Posts Tagged ‘ecommerce’

Is Cyber Monday the New Black Friday? And Will My Brother Get a New Coat?

An interesting phen0menon occurred during the kickoff of the holiday shopping season (two phenomenons, actually, if you count the fact that I found a sweater that doesn’t make me look fat).  With most of the focus on the bricks-and-mortar retail sales, which appear to be up very modestly, online sales on both “Black Friday” and “Cyber Monday” were very strong.  So there is a big question hanging out there (besides the question if 40 is really the new 30 — man, I hope so) — Is Cyber Monday the new Black Friday?

In terms of raw numbers, of course Cyber Monday hasn’t yet replaced the mall.  But in terms of predictiveness, which is more predictive?  Year over Year, offline sales for Black Friday were up 1.6%, with YOY online sales on Black Friday being up approximately 11%.  Then big event, Cyber Monday, showed a 5% increase from 2008 and is the biggest day of sales since tracking of this hallowed day began five years ago. 

So what gives? Are we going to have a flat or booming holiday season?  While the numbers cited above are interesting, there is only one way to handle this type of question in the blog world…anecdotal information!  My brother was in town and, according to my wife, his winter coat was from the 1980s.  While retro is good, you actually have to buy new clothes that look old…it just doesn’t work holding onto your old stuff. 

We hit the malls and it was busy, but according to the Nordstrom and Macy’s sales staff, the Black Friday crowd was similar to a normal Saturday crowd.  There’s not a lot of inventory for winter wear, so we head to REI.  We find the coat, but Dang! it’s pricey.  Being good shoppers, we use the time to find a jacket type my brother likes and my wife barely approves (he’s now moved up to the late 1990s). 

We then go home and hit the online sites for deals.  We find the coat on a great site, BackCountry.com, get 25% off with free shipping (you should check out their blog).  So the offline retail stores acted as a very expensive closet that then benefited the online site.  So, according to my exhaustive research, I think the initial numbers are misleading, and we will have a surprisingly good holiday season.

What are you seeing out there?  Also, is it time for you to update your winter wear?

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Posts Tagged ‘ecommerce’

Why Online Stores Should Blog

We get the question a lot these days about whether small businesses and in particular online stores should have blogs?  Often, the question is asked why should a store owner spend their precious time blogging.  Here are some reasons that an online store should blog:

1. SEO Value: It is no secret that Google and other search engines really like and prefer fresh website content.  A blog is a quick, easy way to continually provide new and fresh content related to your store and your website.  The more posts that you create and publish and then syndicate to various blog search engines like Technorati, MyVenturePad and SocialMedian the better.  Also when you incorporate relevant keywords into posts, that content is spidered by Google and other search engines, and that then helps your overall search results for those keywords.  That is because you are creating more relevant content and website pages related to those keywords for your store.

2.Humanizing Your Store: Shoppers and people in general like to shop and interact with businesses that they can relate to and like.  Use your blog to educate your customers, prospects, the community and the industry on who your business is, your business culture and ideals and the personality of your business.  There are many ways to do that including using videos on your blog to introduce employees as we described previously.  Giving shoppers and your customers a more in depth look at your brand and your business allows customers to create a bond with your business.  This can help drive word of mouth marketing of your store by these customers and shoppers.

3. Another Channel to Feature Products:  Online stores can use a blog to describe and introduce new products or product lines to your customers and the market.  You can also have blog posts that describe a special discount on a product.  Some stores even use their blog to outline special features of their products that may not be obvious.  You can even use a blog to create  your own Frequently Asked Questions for your products which can help reduce your customer service calls and call drivers.

4. Way to Engage Your Customers: Having a blog is a great way to interact with your customers.  Your customers and the greater community can visit your blog, read the posts and then comment on those posts.  When they do, it gives you and your store and opportunity to have a conversation with your customers.  This also has the benefit of giving your customers a forum to discuss your products.  That is a great alternative to your customers not having a forum and then posting negative feedback on a third party website that you do not control.

5.  Linking And Traffic Benefits: If you have a blog, it gives you a great opportunity to link to third party websites. BUT, it also allows other websites to link to your posts and your store.  If you can combine this, with an affirmative strategy on your own where you go out and post comments to other blogs, those bloggers will eventually return the favor and post comments on your store’s blog. For some more context, here is a good post from blogging experts on getting more blog comments. If you are active with other blogs,  those bloggers will often also add links to your site and in some cases they will feature your products and store on their blog.  All of this taken together can really help increase the visibility of your store and drive new traffic. It all begins with your blog!

Now let us note that, having a blog is just one step in your overall marketing, social media and branding strategy.  Combine your blog use with a strategy that uses Twitter and Facebook like we outlined previously here and here and you can really begin to extend the reach of your store to new communities, customers and industry experts that your business never would have reached before.

Let us know if you have any tips for using a blog for your online store.

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Posts Tagged ‘ecommerce’

Small Biz Thankful List

In honor of the day, we are doing our KikScore Small Business Thankful List.  These companies, tools and sites have been helpful for us or other start-up businesses we work with.  Clearly this isn’t an exhaustive list (and feel free to add your own in the comments).  So, in the spirit of Thanksgiving, we here at KikScore are thankful for:

1.  MyBusinessAssistant.com — helping out small businesses manage their, well, their business — via their virtual assistant service

2.  Shustir.com — creating a unique online marketplace and community for new and small businesses.

3.  Design2Print — did a great job on our marketing gear.

4.  Freeconference.com — Free and Conference, need I say more.

5.  WordPress — allowing small business to create an inexpensive way to spread the word.

6.  Twitter/Facebook — I’ll start talking about it soon enough, but social media has been wonderful for KikScore and Small Business in general.

7.  YouTube — allowing Small Biz to create and distribute their own commercials without buying a slew of server space.

8.  Google — providing research resources that 20 years ago would have cost thousands of dollars.

9.  iPhone — providing Small Biz a reasonable excuse for dropping calls (and it’s a pretty handy tool).

10.  oDesk — providing some relief to our development team, with providing a marketplace for Tech contractors.

11.  Minnesota Vikings — because Small Businesses love a winner (okay, i’m throwing that in there to see if anyone is actually reading this).

12.  MicroSoft BizSpark — providing KikScore and a lot of startups, a lot of free software (we really like groove…check it out)

Here’s hoping you’re having a great holiday…we’re most thankful for our readers and customers.

Team KikScore

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Posts Tagged ‘ecommerce’

Tips for Using Video to Help Your Small Business

It really surprises me that small businesses do not more often use videos and online clips to help them with promoting their business.  Before YouTube, online videos were relatively few and far between.  But with YouTube’s popularity and the explosion of video clip sites, online videos are everywhere. Not only are they everywhere, today these video clips are even easier to upload and circulate.  If you have not seen the wedding video from this summer that went seriously viral, this is one example of how easy it is to get a video uploaded and circulated (this video has had over 32 Million views. Yes, I said million).

So what how can your business start using videos.

1. Introduction Video – Start by have an introductory video on your website.  The introductory video can help you introduce your company to shoppers. An introductory video can also personalize the experience that a website visitor has as they can virtually “meet” the management of your small business.  An introductory video allows potential customers to see who they are about to do business with and can give you a boost of credibility.

2. Product Video – Sometimes it is difficult for website visitors to get a grasp of a product and its key features from a list on a website.  Try a short product video that describes your company’s product.  Use a video where a company representative or owner can narrate a description of a product and also personalize the product experience.  Sometimes a product can be a lot more appealing if the customer hears a passionate voice that is describing the product in detail while that company spokesperson highlights the key product benefits.  Check out KikScore’s product video at the bottom of this previous post.

3. Customer Testimonials – You can also use online videos for short customer testimonials about a product or an experience with your company.  You can then post these testimonial videos in the “Testimonial” section of your company’s website.  When do you get to shoot these customer videos? Use a customer meeting or your next industry conference to shoot a quick video of the customer.  Also it never hurts to ask a customer too.  If you will not be seeing a customer that you know is happy with your product, just ask them if they can record a short video with their video phone and have them send it to you.  The quality may vary, but online video can now be cleaned up very quickly.

4. Educational Videos – These types of videos are underrated but can really be helpful for potential customers.  Take the time to shoot short videos that can contain educational tips for your customers.  You can even use this as an opportunity to have employees or product managers film these tips so they can get some “face time” with your customer community.  Using employees is also a good way to convey your brand to the world by allowing the community to put an employee name to the face of your company.

5. Thought Leadership Videos – There has been a real rise in posting of videos that have been taken from conference speeches or panel sessions.  Next time you are speaking at a conference or an event, make sure the video of your speech gets uploaded to YouTube (provided there are no copyright issues) and then gets posted on your website.  As potential and actual customers start to see you as a thought leader in the industry, your business and management will get even more credibility.

So start using videos today to spread the word about your business.  Tell us in the comments how your company plans to use video in the future.

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Posts Tagged ‘ecommerce’

When to Shut Up About Your Small Business

This post may seem a bit counter-intuitive, since we’ve been evangelizing about the need to promote your business on social media.  We’ve talked about how this blog, and our tweets, and facebook have led to good things for KikScore.  But there are times when you should stop sharing.

Keeping Your Competitive Advantage:  No matter what business you have, there are certain things that you do, or mistakes that you have learned from, that your competitors would love to know.  When we thought up the KikScore service, we took the time, prior to launching, to file a couple of patents.  But patents don’t completely protect your business.  To file a patent, you must disclose exactly what your competitive advantage is — prior to knowing if you’ll get the patent granted. That’s why Coke has never filed a patent on its secret formula…because they’d have to disclose the exact formula.  Same thing goes for your business.  If you do something better than your competitors, it’s a valuable trade secret.  And it’s not just your competitors you have to worry about…you also have to worry about people interested in investing in your business.  This article describes a recent example of a potential investor that, after learning about a business, deciding to forego the investment and just start a similar business.

Going From Enthusiasm to Annoyance:  We’re all excited about our businesses.  And we love to talk about to our family, friends, followers on Twitter, the guy at the bus-stop, and the deranged homeless man asking for money.  Generally, our enthusiasm is viewed in  a positive light.  But what is the fine line between our enthusiasm and becoming a spammer?  The other night, I was having dinner with friends and letting them know how easy it is to automate updates on my facebook page.  My good friend than said “If you go overboard, I’ll do what I’ve done with my other friends and just turn off your updates.”  I realized that I’ve got to make sure not to abuse my friends and over-promote our business, as it will hurt my brand and I will start losing friends.

Feel free to share other instances when you shouldn’t over-share about your business.

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Posts Tagged ‘ecommerce’

To Be Or Not To Be: A Business With A Personality on Twitter?

Should your business have a personality on Twitter and other social media channels?  Businesses are asking that question.  Heck, we at KikScore are asking that question.  By way of example, I was tweeting on our KikScore Twitter account this weekend, and I got caught up in the excitement of the Ohio State victory over our arch rival University of Michigan and I retweeted:

“makes me happy thinking of all the 6 year-olds in Ohio that are undefeated in LIFE against Michigan =D (via @Sweet_UpAndDown) great thought!”

After I tweeted this from our KikScore account I had a thought that passed through my head that said, “Should I have just done that? Is that really appropriate for Twitter and our company brand?”  Now there are lots of sites out there that have Twitter Rules including a good one from Chris Brogan.  Not many give guidance on whether your Twitter business account should convey a personality and talk about non-company related topics like football etc.

Our Guidance – Personality Wanted

Here is where we at KikScore come down on this questions.  You can always just tweet about your company, your industry, your products etc.  That generally is the traditional approach to business on Twitter.

We say, be different.  Have a personality on Twitter.  Actually have a remarkable personality on Twitter and that can even help your brand and sales.  Yes, you should try to follow as many Twitter rules as possible – don’t be annoying by being spammy, don’t tweet about the bagel you are eating after your conversation with Joe from Marketing etc but be unique.  Being remarkable and unique with your tweets will help you stand out from all of the other businesses on Twitter.

The best example that I think small businesses should try to use is Zappos.   Employees at Zappos help bring the personality of the company to life on Twitter and that is just one way Zappos has such a unique brand and they are recognized for that by many.

So here are some tips to bring out the personality of your business on Twitter:

1. Tweet about items that employees are passionate about – charities, sports, events, accomplishments etc.

2. Tweet about positive customer experiences or if employees are doing something special like having a volunteer day.

3.  Even if someone is criticizing your company on Twitter, you can always respond and tell them that you are sorry that they feel that way.  That allows even the angry tweeps out there to know that you are listening.

4. Share funny stories or funny occurrences that happen in your business.  If you come across a funny pet tricks video, share it.  Now do not be that person that solely tweets out forwarded messages.  That could be annoying.

5.  Be sensitive and remember generally do not tweet on controversial subjects from your business Twitter accounts.  These subjects can include politics, religion, gender etc.  Your rule should be do not tweet about something that you would not want your mom/dad to see that you wrote and was then was posted on the cover of a major national newspaper.

We think having a personality on Twitter and other social media sites can be fun, rewarding and also help you interact with your community of followers at a deeper level.  That interaction can then turn into a more committed and loyal community for your business which is a good thing!

So when you are hanging out on Twitter this holiday season trying to get sales using the tips we covered previously, show the world that you are a little different.  Let us know how you are remarkably unique on Twitter.

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Posts Tagged ‘ecommerce’

Stay Classy, Online World …We're Ron Burgundy? KikScore's New Holiday Shopping Watch!

We here at KikScore are pleased to announce our new seasonal feature — Panda Watch!  No, actually, it’s going to be Shopping Watch!  We’re going to poll our customers, readers as well as gather our own anecdotal information (at the mall, online stats) to measure how this holiday season is going for everyone.  We’re assembling our crack Channel 4 News Team to gather data.  But just in case Papa Burgundy (that would be Raj) can’t gather all the relevant info, please send us your view of how this holiday shopping season is going.  Also send us your favorite AnchorMan scene.  Here’s a best of clip:best of anchorman.

Stay Classy!

Brian Fantana

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Posts Tagged ‘ecommerce’

Social Media & Your Biz: Open Up So You Can Close

Though the Internet seems to be overflowing with blog posts, tweets, and Facebook updates, there are a good number of businesses that don’t use social media in any manner.  Initially, I wasn’t the biggest evangelist for social media.  In all fairness, others on the Team are much more sophisticated about how to properly use blogs and Twitter. My initial feeling on social media was “Why the hell would I want to read the thoughts of a complete stranger?”  The past 6 weeks, however, we’ve gone live with our site/service and my attitude has completely changed.  Initially, we did very informative, yet sterile, blog postings…ones that no one actually read.  My prejudice seemed to be confirmed.  We then became more candid and casual in our postings, linked them up to Twitter and Facebook and all sorts of good things started to happen:

1.  Our traffic and overall visibility to the site is growing exponentially

2. We have come across several companies that are reaching out to similar small business owners.  Two such partners are Shustir and MyBusinessAssistant — services that are helping small business grow faster and with less headaches.

3. We are getting direct feedback from the marketplace.

4.  Our customers have a good understand with whom they are doing business with — not just a slick website (though our site is pretty slick).

5.  I’ve been able to share my drinking stories and show pictures of my dog online under the guise of being helpful for small business.

We’re not just the only ones seeing the positive impact of opening up to social media.  One of our customers, www.17thandRiggs.com has a great blog and is active on Twitter https://twitter.com/RebeccaSM).  In under a year, Rebecca has transformed her site from a passionate hobby to a destination site for interior designers and those who want to keep up with the latest design trends (as well as a full-time business).  If you don’t like my anecdotal examples, do you prefer the Wall Street Journal’s anecdotal examples?  In a recent WSJ article, a featured small business discussed how her wedding planning business was significantly buoyed by using social media. 

Feel free to share your favorite social media success stories…or tips on using social media.

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