Category Archives: money

How much Time do you Spend reading Blogs?

Do you feel guilty if you are not regular reading of other users Blog? With all the pressures of modern day life who do you pick and choose to read? If I am totally honest I do not do as much reading as I would like. When the day eventually ends there are still things that need doing and reading when you are tired is not effective. I guess quick scan in the morning is the best bet. I tend my self to take a look around lunch time. There are couple topics or writers that I have been following recently when that has run it’s course I will then move on. Of course this question has been topically asked yesterday by Shoemoney, The most amount of comments for the least amount of work http://tinyurl.com/5h58yc It does demonstrate just how relevant blogging is or not in the wider picture.

Interesting too how collectively similar topics will be discussed in blogsphere

Cyber Squatting Over, True Internet Freedom

ICANN have just announced that it is going to be introducing a whole new level of internet domain names as they explain below.

“Presently, users have a limited range of 21 top level domains to choose from — names that we are all familiar with like .com, .org, .info.

This proposal allows applicants for new names to self-select their domain name so that choices are most appropriate for their customers or potentially the most marketable. It is expected that applicants will apply for targeted community strings such as (the existing) .travel for the travel industry and .cat for the Catalan community (as well as generic strings like .brandname or .yournamehere). There are already interested consortiums wanting to establish city-based top level domain, like .nyc (for New York City), .berlin and .paris. “

This is really good news there has been a flourishing market in buying up 4 to 5 letter domain names with the intention to sell them on at a higher price. This will effectively put an end to that. Which means I have a few blog posts to change.

The plan is set for implementation in the first half of 2009. Read more here

Content Is No Longer King, It Is Who You Know Offline

I have been thinking for a while how to differentiate ones self from the super competitive internet market. The closely held maxim that content is king deserves to be re-examined.

I have recently been doing a lot of research and study into Law. While it may not be everyone’s cup of tea, the amount of information on the internet relating the subject is more than sufficient. In this academic study where there is little commercial interest and expertise in generating Law content, I found the internet has more than enough sources.

My bet is that if you created a website which is well written and has truly informative content, you may have already missed the boat. This is purely in regards to search engine traffic and becoming an authoritative source on the internet.

Go any to any search engine and type in these words; blogging, How to blog, biz development, I would be very surprised if any blogger came on the first page except possibly A listers, or a blog that has been around for some considerable time.

There is no hard or fast solution here, first it is important to get to the facts.

It is no longer possible with millions of pages being created on the internet for Google to index yours at the top.

We must ask ourselves some questions:

If a tree falls in a forest with no one to hear it, does it make a sound?

My own suggestion is that we possibly have to start moving to a more local applied use of blogging and use of information on the internet.

For example, small offline groups/communities in your particular area brought online by people they know. It is so much more interesting when you have met the person. You may than be able to gauge your audience and ultimately interact much better. So in my case it would a sales/business development that I would find and bring it online. Connecting to local people.

Thoughts?

Wall Street Just Does Not understand Social Media

Kick off your shoes and throw your ties away, forgot rock and roll social media is where it is at.

“oleil-Media Metrics analyst Laura Martin cut her rating on Google to “Hold” from “Buy” and slashed her price target to $350 from $580…saying the company’s practice of giving 10 percent of profits to charity and giving employees one day a week to work on pet projects should end amid the current economic climate.”

We do rate the best Pilgrim Marketing is on our resource list on www.Wcx.me and it is not for nothing. This is a great discovery blog post about Social media right here.

Borrowing Money

Why do politicians think that spending more money is going to save the economy? Does George Bush or any other world leader think that they can remotely buck/control the economy.

If your economy is already broken and by that I mean that is it has stopped making money. Why borrow? The current trend in the world is than to spend more money to solve it.

Let me see if I understand it correctly? 

You do not have any money,

the companies are not making any money but you want to borrow money to supposedly solve it.
I can understand the theory about borrowing money to grow a business, but borrowing money to prop up badly run companies does not sound like a business plan to me. Especially when it is Tax payer’s money. I know which way I will vote.

 
What would be your advice to the government?

Answer – How effective is Social Media?

This is one answer to a bunch of questions that I posted here on social media, more answers to follow to that post in the future.

First the easiest way to answer this question; How effective is Social Media? is to demonstrate it:

Go to Google and type in: How effective is social media?

Google doing what it does best comes back with a nice varied selection of articles. From the good side to the bad side and the ugly of course.

On the good side you have

Jeremiah Owyang of Forrester Research recently met experts in the field to discuss how effective social media is in a recession

Article here:

On the bad Side:

Social media “struggling for effective metrics” Just what is success and how do you measure it click here for the article

And the ugly:

Leon Apel makes a case that all the time and effort may not be worth it:

Article here:

There are many other results on the page that are worth looking at, this is just my selection.

I posted the same question in this forum: http://workconnexions.com/node/35#comment-153

Online Shop and how much should it cost. Retail Versus Online

In hard times people get a little bit more creative about making money. As there is less money to go around one wants to insure that what one has can go a long way. One might be tempted to visit markets and a sell some products or maybe open an online shop. As Owen, a friend of mine, pointed out that online businesses or websites tend to be seen as a cheap option. no rent, no expensive layout costs, staff recruitment cost. Is that so?

It is common misconception that online stores are cheap and easy. It can be best be summoned up by you get what you pay/put in. For example Ebay provides excellent e-commerce facilities. The only down side with it is the cost. All our clients that use that service are trying unsuccessfully to get away from it. They are tired of Ebay taking their percentage. Unfortunately building up customer trust on there own website is proving difficult. But that need not be the case with  the right planning and investment.

This is where the shop comparison comes in. If you would spend ten thousand pounds setting up out high street retail shop, you will need to spend at least that on an internet retail business to make it successful. There are few shortcuts that really work. If you want to create a successful business you will need to either spend the money to employ somebody to set it up for you in the way that create positive sales, or you will have to spend the time yourself. If you thing that just buying a domain name and putting some e-commerce software purchased for a couple of hundred bucks is going to create an online business, I have news for you. It ain’t going to happen. Pity you may say, but the good news is that with the right tick sheet you can solve many of the problems.

Before you’ll begin you may want to think about the following:

Customer registration and account management, News letter signup, Automatic email confirmation, Search feature, Secure user login, User behaviour statistics, Varied Payment options, Email to a friend

Or maybe not, How about this:

1)Target Audience:
Who is your website directed at? Other businesses, older people, all age groups? It is important to understand who you are talking to and what goals you have for the site.

2) Number of Pages:
Do you know the number and types of pages and how they relate to each other? You don’t need to know the exact details but try and think about what types of pages you should have.

3) Content:
This means the text inside the pages and it is the most important part of the website. The rest of the site builds what we call in the industry rapport, but the contents are what sell your product or services. In fact if your site looked horrible but had great content it could still be successful, but not the other way around.

4) Design:
Do you know what colors you would like or the type of graphic contents? Do you have logos ready to be used? Your site can be graphic heavy as we say or it can be clean and sparse. It is your choice and is very much a personal decision. If you don’t know what you want, you can surf the internet and find some sites you like.

5) Images:
Do you have all the pictures for the site and are they in a digital format?

6) Forms:
These pages are the ones that collect information from your visitors and then send you this information as an email. You can contact us to discuss your options. We will guide you through the process, one step at a time.

When you have considered this you will then need to discuss with an expert in this field who can help you and guide you through this market.

Advertisement: At Wcx we know social media and online business, we know what works and what does not. We have the expertise and contacts to create a site that will fulfil your Gaols. Take a look at www.WorkConneXions.com or our company Site www.http://web.web.http://web.wcx.me/ for more information.