If you’ve used something like Priceline to book a hotel or cheap flight, you know the concept – empty rooms and seats bring the owners no revenue.
In the same way, an empty table at a restaurant is a wasted opportunity. The restaurant has wait staff, chefs and bartenders waiting to serve customers. Enter Village Vines, which enables customers to receive preferred pricing at top restaurants in New York, Los Angeles, Chicago, San Francisco and Washington, D.C., with more cities to come.
You can read the rest on Inc.com: Demand Management Provides a Business Model.
Category Archives: Articles at INC.com
PR Stunts
This week I wrote about PR Stunts and Start-ups at the Inc Start-Up Toolkit. I found some professionals to give solid advice on when to use a stunt, and how to measure the effectiveness. I hope it can be useful to you.
Motivation and Start-Ups
I recently returned from my yearly volunteer work at America’s Camp. The experience always leaves me excited, charged up for more work, and ready to start fresh.
This year, I left camp with more than just a bit of exhaustion and a finger tired from taking pictures 24/7 (and I love that feeling). I left with lessons on motivation. You can read more about my Motivation Lessons from Summer Camp at the Inc. Start-Up Toolkit.
The Legal Aspects of Using Social Network Data for Hiring
Over at the Inc.Com Start-up Toolkit, I wrote today about Is It Legal To Use Social Network Data When Hiring?
The key elements here are how you find out the data, and how you use it. As a candidate, you should know what employers can and can’t ask you. As a potential employer, be careful how you ask your questions. I encourage you to check this piece out and learn more.
Inc.com Startup Toolkit – 5 ways to Connect with Customers and Buyers
It’s great when I find readers who really take the advice in my column to heart.
In order to sell her product, Tina has to reach business owners and merchandisers. She’s taken to doing much of her own promotion and marketing herself in different ways from online to the phone to in-person networking. Using Tina as a model, here are 5 ways (plus a bonus way) you can promote your start up business more effectively – and obtain sales in the process.
Take Paper Forms Out of Your Business
One of the big challenges in any work place is paper. When many entrepreneurs leave a big company and start their own shops, they vow to cut out paper. It is always easier said than done. Where’s the IT department to create the form in a start up business? Where’s the quality assurance team to test it?Anyware, a company in the mobile application development space for over 12 years understands this problem and has developed a package called “reformXT” that lets your employees fill out forms on their mobile devices. They currently support Palm (runs on Palm Classic on thePRE), Windows Mobile, Blackberry, and, in about a month, iPhone.
Acting product manager Mark Jones and marketing manager April Sailsbury shared with me an example of a pizza chain who wanted employees to efficiently be able to order supplies from the distributor. An employee with a mobile phone or wireless device could go into the kitchen, freezer, and stockroom and analyze the inventory, clicking on different items he feels need to be ordered. When the order is done, it is submitted and can be retrieved at chain headquarters as a separate order, or as one line in a spreadsheet. The central group could then bulk order their products and have the appropriate ingredients sent to the individual stores.
I gave them a different example. Say a saleswoman is out in the field and wants to rapidly take orders based on inventory already available — how could she do that? Jones told me “If you want real time inventory you can work with the “reformXT Companion” to update form information from your own database.” Our saleswoman could fill the form on her blackberry and submit it while still on the customer site. As she looked through the specific items, she could see updated inventory numbers to let the customer know what is in stock and what might take longer (or offer a substitute product).
Small companies shouldn’t fear creating their own forms — if you can fill out a basic web form, you can create your own form with reformXT. The product runs as “Software as a Service” — on their website. Your employees mobile phones access their servers for the forms, and you get the data via email.
The reformXT software is free to try out and create forms, but costs per transaction of forms can range from a few cents to a dollar per form submitted, depending on your usage package. You buy batches of transactions and can save when you buy in bulk.
Cost out how much time it takes when employees are filling out paper and then retyping it — could you make the switch to mobile, on-the-go entry? Comments are welcome below.
(I published this originally at the Inc. Start-up Toolkit blog)
Sharing Content Using RSS can improve Your Marketing
‘ve been writing about having a small business website in 8 Options to Quickly Build a Web Presence for your Startup, about using a blog to promote your business in Building Success By Blogging: An Architect’s Story and even about Smart Blogging Strategies. Today we’re going to explore the magic of a technology called RSS, which stands for Really Simple Syndication. RSS lets you publish content on your site, and have other people easily view it on many other sites. For example, you could add this column to a program called a “feed reader” and then every time it is published, you would see it in your feed. You’d click on the “Feed button.”
You’ll be presented with choices — you could add the feed to your Google,Yahoo, or AOL custom home pages, or take the ‘raw’ version of the feed and add it to a program like News Gator http://www.newsgator.com/individuals/default.aspx which lets you read feeds on mobile, in windows or mac, and even within your Outlook inbox.
If you added the feed to your Google homepage it would look like this:
Or to your Google reader, it would appear like this.
As an entrepreneur, using a reader can help you control your information flow and find useful content. As a marketer, creating feeds can amplify your marketing efforts.
PRESSfeed is a company that specializes in helping PR and Marketing people and small business owners who are not technically oriented get fresh content on their own sites easily, and distribute their content it to other sites. Sally Falkow, Co-Founder of PRESSfeed, told me “Our system makes their content more visible and gets their messages to more audiences which they may not have reached. For example, for a construction industry client that does water-scapes, paving and pool surrounds, PRESSfeed got them onto the first page of Google for their search terms. When they added content regarding a new geographic location, these showed up in the targeted searches.”
In another case, a phone integrator client’s feed got added by other site, a Hispanic business site, and soon they got called by journalist from a different business magazine. Once content is in a feed, it is easy for customers who like your product to share it via sites like Delicious, Twitter, StumbleUpon, and even post links in Facebook.
According to Falkow, within 3-6 months, the feed can be a top driver traffic to website. And Google software engineer Matt Cutss has said many times that adding fresh content in a feed helps get a site better search engine ranking. “It is such an easy way to spread and distribute your content — why wouldn’t you put your content in a feed?” asks Falkow. She also notes from recently conducted research she performed that only 14% of top entrepreneurs are using feeds on their news content — so there’s an opportunity to differentiate.
Besides PRESSfeed, an easy way to have your content available in a feed is to have a blog — you can find out more about how to do that in 8 Options to Quickly build your web presence.
This originally appeared in the Inc Start-up Toolkit
Listening With More Than Two Ears
The Roman philosopher Epictetus said “We have two ears and one mouth so we may listen more and talk the less.” On the Internet, the sentiment is the same – in this age of conversation, we need to listen to hear if our customers or our market is speaking to us. Many firms forget this, but listening is (or should be) the first part of your marketing or sales cycle. However, we don’t only have two ears online – search and other tools can help you listen more effectively for markets or potential customers.
Google, Yahoo, Bing, and other search tools can make it easy to search for your company or brand name, and see what people are saying. It makes sense to regularly run searches on your company name, as well as things like “company stinks”, “company sucks”, “company bad” “company service” and variations.
Of course, you can’t search all the search engines all the time. One nice tool to help you is Google Alerts. Simply go to http://google.com/alerts and type in a search term, tell it how often you’d like to receive and alert (as it happens, once a day, or weekly) and Google will do the search for you and alert you in email when something matches.
This YouTube video of Google Alerts step-by-step does a pretty good job of explaining it, but I suspect the example search for “Motorcycles” will generate too many pages of search results per week. You might do a test search on Google first to see the kind of results you’re getting. Google Advanced Search may help you tailor the query before you make it an alert.
Of course, blogs and web pages aren’t the only place your customers may talk. Twitter Search may help you find other relevant discussions. Search MySpace and Facebook via your own accounts to see if there are groups talking about your company or industry. Better yet, set up your own spaces on these services (a topic for another column.) Another place people talk about companies is a website called Get Satisfaction. Go search and see if anyone is looking for help on that site too.
Finally, once you’ve done your listening, don’t forget to respond. if your “company stinks” search turns up something, go talk back. If a blogger or commenter somewhere has an issue with your company, don’t be afraid. Think of this as an opportunity to win new customers by fixing the issue. It is also a face-saving tactic – maybe you can’t save the day, but perhaps you can apologize and people who find the post will see that you pay attention.
What are your favorite tools for listening? Leave a note in the comments. (We’re listening for you.)
(Originally published at the Inc Start-up Toolkit)