• Home
  • About
  • Archives
  • Authors
  • Contact
  • Polls
  • Small Biz Interviews
 

Posts Tagged ‘Online Trust’

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?

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

American Idol and Our New Start-Up

Thursday, February 11th, 2010

american_idolI’m sitting on the couch, watching the latest American Idol episode.  Two things cross my mind.  First, if Simon Cowell is going to leave, I only plan on tuning in next year if Howard Stern is the “honest” judge.  And, by all accounts, there’s a decent chance that may happen.  The second thing that occurs to me is that there are some decent correlations between start-ups and American Idol.  What are they?  Here’s a fun list:

1.  Talent is only Half the Battle:  In Adam Smith’s finest hour, efficient markets rule the day and ours is a completely idea/concept driven economy.  But this isn’t Mr. Smith’s ideal economy and style often overrules substance.  Often times with American Idol, those with the best voices don’t advance.  Instead, those with a “story” or a “hook” advance.  The best example of this is Sanjaya — no real talent other than creating buzz that advance far into the competition.  The same is true with start-ups.  You can have the best concept/product in the room, but it won’t matter unless you have an excellent marketing plan.

2.  Hurry Up and Wait —  People stand in line for days to audition for 30 sec0nds.  Painful boredom leading up to small windows of defining moments –you live or die within those moments.  The same is true for new businesses.  Your concept lives or dies by how you do in a call or meeting. 

3.  Balance of personalities.  You have Randy Jackson (the technician), Kara (the nicer one) and Simon (the honest voice).  Most businesses have a similar balance of views — as no single view can best handle all situations. 

4.  Talent Comes from Anywhere — Kelly Clarkson was an unknown before AI — she is now an industry force because of the opportunity given to her.  Similar with business, Silicon Valley doesn’t have a monopoly on technology or new concepts.  The next big thing can come from anywhere, including Farg0-Moorhead.

Those are my 4 paralells — feel free to share other similarities.

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

Issues Escalation and Support Guidelines in a start-up environment

Wednesday, February 10th, 2010

images[2]You may have noticed a pattern here at KikScore where feedback and the question of when is a product ‘ready’  are hot topics. So, how do you define, measure, and enforce quality in a start up product? Once the product is ‘live’, how can you effectively support your product and react to customer issues and concerns? There are a few key software quality assurance guidelines to follow that apply to products of all shapes and sizes.

During the development phase you must test, test and retest. Depending upon the complexity of the software being developed, this could be a short or lengthy venture. Testing in phases, as pieces of the application become available, is highly recommended. This allows you to not only find major issues early, but also helps ensure you aren’t building upon sub-par code as the product continues through the life-cycle. Also, find a means to track and report status on any and all issues found during the test cycles. A spreadsheet can work if you don’t have a bug tracking system and there are a few free/easy to use ones available.

Even if you had ample time to test everything you could think of, upon release to the general user community, they will find issues you never dreamed of. Once you are ‘live’, your team needs to gauge the severity of any issue that is uncovered or reported to assess the impact and allocate resource(s) accordingly to address it. This is critical in the case where there are limited development resources and you need to prioritize their work so as not to affect other focus growth areas.

Severity can be broken into 3 levels – this also gives the entire team a common terminology when discussing issues.

Severity 1

— Core functionality is not working.
— There is no available work-around to perform the requested action.
— Error messages are displayed.

Severity 2

— Basic functionality is in question.
— There is a work-around to gain access and perform the requested action.
— The system handles the situation gracefully, either with a general ‘logged out’ message or other user-friendly notification.

Severity 3

— General usability items.
— Application is functioning fine, but confusion is raised throughout the display or general system navigation.

Once you’ve qualified the issue, how do you support it through the process and keep the customer informed?
Let’s assume you have a Severity 1 – how do you deal with it? In a small start-up shop, where most of the team has day jobs, creating an on-call or support tier works wonders.

1. Create a weekly on-call support staff that rotates and consists of 2 resources per week.
On a weekly call (or other avenue that applies) — Identify the 2 on-call resources per 1 week interval

2. During the support week, the 2 resources on-call are responsible for researching issues reported and be point of contact for:
— responding to the customer(s) who reported the issue
— involving other team members as needed to escalate/resolve the issue(s)

3. Support resources are required to provide daily updates to the rest of the team on progress of reported issues.

4. Where a code change or update is required, the support resource(s) schedule a team call to outline next steps and expectations

5. If 4 happens, the entire team should discuss the response back to customer(s) on the fix.

The Golden Rule – If a customer found the issue and actively complains – always treat as Severity 1. Be open and honest with your customers surrounding errors that are found and get a fix released in a timely manner. This builds trust in not only your product and support but builds integrity into your brand. What is your quality cycle or lessons learned?

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

KikScore Update: Acting on Feedback, Our Product Enhancements for Online Sellers & Ecommerce Stores

Friday, February 5th, 2010

KikScore - Online Trust Score

As a startup with  a new product, we at Kikscore have mentioned here a number of times the importance that we and others have stressed on taking user feedback and comments and then acting on them.   If your business and management stick your head in the ground and think you know the market better than your customers, you have a very low chance of succeeding as a business, especially a startup.  We know our product may not be perfect, but as we mentioned earlier this week instead of waiting for perfection we decided as a company that we wanted to push Kikscore out to market in beta form in late 2009 so we could get feedback from online sellers and e-commerce users that had stores.

So here we are in early 2010.  Where are we with the KikScore product? Well here is an update on some of the recent key changes and enhancements we have made to the KikScore product.  These changes came directly from our users, the community and other generous friends, family members and colleagues that took the time to sign up and use our product or take a look at live users of the KikScore product.

1. Load & Uptime Improvements – We improved response and load times of every KikScore seal and KikReport that resides on an online seller’s site.   Uptime for the seals is now the best it has ever been and we will continue to monitor KikScore seal uptimes as we know the importance that has for our customers.

2. Updated User Interface & Look and Feel – We updated the look and feel of the tabs on the KikReport.  This included making the look and feel of Management and Shopping Security tabs easier to read and to include even more easy to use information about a seller’s business, website, background and track record of trustworthiness.  The user interface for the KikReport and some of these tabs was also updated based on feedback so shoppers could easily recognize and interpret the information and data presented in the KikReport of a seller.

3. Updated Comment Platform – We modified and enhanced the comment management platform on the merchant’s KikReport making it even easier for comments about a shopper’s experience to be displayed to online visitors to a small business website.

4. Updated Seal – The KikScore seal has been updated based on both seller and shopper feedback to make the initial KikScore seal that resides on a seller’s website easier to read and interpret.

5. Easier Sign-Up– We listened to our beta users and have made the KikScore sign-up process for merchants more intuitive and easy for merchants.

6. Scoring Model Updates – Based on the data and feedback we continue to receive, we are also making enhancements along with updates to our scoring model that analyzes the trustworthiness and reliability of small businesses, online sellers and merchants.

These are just some of the enhancements and updates to the KikScore product.  We continue to solicit and receive feedback.  During the coming months, you will not only see more enhancements and updates but also much more.  We cannot go into too much detail in the “much more” but the next few months will be exciting for our customers, new customers, the community and the market (and us too!).

Let us know what you think about our enhancements and updates. Also feel free to send us more feedback on KikScore. We love it.

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

Small Business Interview with SJ Trotter from Exclusive Clothing Retail (www.exclusiveclothingretail.com)

Tuesday, February 2nd, 2010

ECRWhat best defines ecommerce? The lack of boundaries in searching for the best goods/services at the best price.  We here at KikScore came across www.exclusiveclothingretail.com  and its owner, S.J. Trotter on Twitter and have been following ECR for a while (despite the fact we’re on the opposite side of the Atlantic).  We’re a fan of ECR and asked Mr. Trotter to give us a few minutes to talk about the economy, lessons on business, and who is his favorite Beatle.  He obliged.  Here’s our interview:

1. How did you get started with your store and selling online?

As soon as we started our company, Exclusive Ent, we knew we wanted to start by selling online, with the amount of free advertising you can gain from social networks an online store is a must.

2. How would you summarize your survival strategy for the past two years?

Not throwing money into the company! One thing we agreed from the start was to slowly build up our company and not take out a massive loan to try and kick start it. Word of mouth and social network promotion was our route rather than spending thousands on advertising. Resulting in us being in 0 debt at this current time which I believe is an achievement.

3. Have you seen any recent uptick in business activity

Because we are a fairly new company we have had a steady increase in sales since we began 2 years ago.

4. What will be your focus for 2010?

Artist’s endorsements & finalizing plans to open our own flagship shop.

5. What are 2 things that you would pass along as guidance for a business just starting out today?

Just do not allow yourself to built up a large amount of debt. As good as your idea is to you, your never ever know if it will be a reality and sell well so test the waters for a while before you start piling money into your business. Also take full advantage of all social network and free Internet advertising.

6. Have you seen any sales deriving from social media?

50% of our sales come from social networking sites, the chain reaction you can achieve from them is priceless.

7. If you could have dinner with any person, present or past, who would it be and why?

Richard Branson, I think I could write a list of 100 questions to ask him in seconds!

8. Better Artist: John Lennon or Paul McCartney?

John Lennon for simply ‘Imagine’, But really I’m not sure you can pick between them they are both world class

9. One informal economic indicator that you watch more closely than anything else?

Although it may not be an economic indicator what I watch closer than anything is my competitions prices, not necessarily so we are always cheaper but more that we show our customers that we have more value for money.

10. Any favorite piece of advice you’ve received?

Built your company with what you earn, not what you can borrow

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

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!

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

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!

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

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!

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

Diary of a Start-Up: Is this Business Making Me Fat?

Tuesday, January 19th, 2010

fat_bastardMost of us on the KikScore team work day-time jobs. Working on nights and weekends is very reminiscent of grad school — your days are filled up and then you do your homework at night. Not a big deal. We are all thankful for our jobs as well as having a growing side business.

But this weekend, after watching Brett Favre put a hurt on the Dallas Cowboys, I thought about working out. Now mind you, I’m not a fitness buff (Raj, please stop laughing). It doesn’t take much to convince me to put off a work out — I just thought about some KikScore business that needed attention and that was that. It did get me to think about other small business owners, however, who have an erratic schedule. Does owning your own business make you fat(ter)?

Take my Dad…please. No, I’m kidding. He’s a great guy and has owned his own businesses for 30 years. But exercise came after raising a family and bulding a business. So, in other words, he could drop some pounds. Of course, there are plenty of examples of successful small owners who are in terrific shape. But are they the except to the rule? Most Americans are heavy by definition. But controlling for other factors, are small business owners in worse shape than most? After spending some time Googling some rather offensive search queries (‘are small business owners fat’, ‘are entrepreneurs in worse shape?’) I still can’t find a good answer. I did see that most small business owners are against the latest health care bill — but that has to do with the fatness of their wallets, not waistline.

So, any anectodal information or actual research on this would be appreciated. My wife is particularly interested in any information you may have.

Post to Twitter Tweet This Post

  • Share/Bookmark
 
 

Posts Tagged ‘Online Trust’

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?

Post to Twitter Tweet This Post

  • Share/Bookmark