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The State of Mobile ROI

June 12, 2011 By: azjogger Category: Financial, Marketing, Social media

From: e-marketer

A third of mobile marketers aren’t measuring success

Mobile still doesn’t measure up as “important” to most marketers, according to an April 2011 survey by King Fish Media sponsored by HubSpot, Junta42 and Maxymiser. But that could change as more marketers get on board with a mobile strategy. More than six in 10 North American marketers plan to have one within the next year, compared with just a third who already do.

Advertiser reports on mobile tepid

When asked specifically about the ROI of their mobile advertising programs, a plurality of North American companies said they were doing about as well as expected. A quarter of respondents said mobile advertising wasn’t meeting expectations, however, compared to just 13% who said results were better than they had hoped.

Another 27% of companies were not sure how mobile advertising measured up, either because they were not keeping track or for another reason.

There is less measurement of campaigns

The survey also asked companies about their overall mobile marketing campaigns, beyond only advertising. Mobile marketing was still slightly more likely to underperform (10%) than to outperform expectations (8%) among companies that currently have or plan to have a mobile marketing strategy. But here, companies were doing even less measurement of their campaigns.

Just over one in three companies with a mobile strategy said they hadn’t measured its success, and nearly as many could not evaluate performance for some other reason.

At the same time, the report noted that ROI was becoming more important for mobile marketers looking to increase or maintain budget. Two in five marketers with a mobile strategy will have to prove the value of their campaigns in order to continue them, though about a third will continue to track ROI without requiring it to be positive.

Still a small share of marketers budgets

Mobile still commands a fairly small share of marketers’ budgets, but eMarketer estimates total mobile advertising spending in the US will reach $1.1 billion this year, up 48% over 2010.

For complete data charts and story, go to e-Marketer.com

What to Expect After Chapter 7 Bankruptcy Filing

June 12, 2011 By: azjogger Category: Financial, Operations

By Lisa M. Joness

A Chapter 7 bankruptcy filing allows you to wipe out all of the debt that is currently robbing you of peaceful sleep. You go from stressed out and unable to pay to a sense of relief and a much more manageable financial situation. If this sounds like what you need to do at this point in your life, you have to consider what will happen after you go through with the filing.

Immediate Relief

The first thing most people notice when they decide to go through with a bankruptcy filing is a complete sense of relief. Once you have started the process of filing and all paperwork has been turned in, you can start telling bill collectors that you are filing for Chapter 7 bankruptcy and no longer want them to call your home.

You are also able to stop paying on all of the bills that will be included in the bankruptcy filing in order to keep your level of debt the same until the bankruptcy is finalized in court.

This does take a huge weight off of your shoulders right away, but there are some other things coming up that you need to keep in mind.

Your Day in Court

You will need to go to court with your bankruptcy attorney to get your Chapter 7 filing finalized and approved by a judge. You cannot hide behind your attorney at this type of court hearing. You will be asked some questions and will be required to answer them.

The good news is the questions tend to be straightforward and non-judgmental so you should be able to answer them without feeling as if you are being interrogated, blamed or demeaned.

Some people just don’t like this process because they feel uncomfortable or embarrassed. It is just a part of the process that you will have to get through if you want to go through with Chapter 7 bankruptcy filing.

Marked Credit Reports

You will probably have a lot of trouble getting any type of loan or credit card for at least a couple years after going through with a Chapter 7 bankruptcy filing. This is because the fact that you have wiped out your debt through bankruptcy will be marked on your credit report for everyone who checks your credit to readily see.

Bankruptcy is a clear statement that you got in over your head with debt and were unable to repay lenders who previously extended you money. This doesn’t give a new lender the warm and fuzzy feeling they need to offer you more money on loan.

With time you will overcome the marked credit report and will have a chance at re-establishing your credit. Lenders will gradually consider you worth the risk if you can show that you have learned from the bankruptcy filing and are now controlling your finances in a much more responsible manner.

Moving on From Bankruptcy

If you know what you are getting into and make sure that a Chapter 7 bankruptcy filing is the only logical solution for your current problems, you will gradually get through the process and move on to brighter days.

There used to be a negative stigma surrounding bankruptcy, but with the economic chaos that has hit the world in recent years it is now a common part of life that most people do not blink an eye at.

That is, most people who are not lenders won’t blink an eye at!

The author started FilingBankruptcyNow.Com which is a website that helps individuals with debt problems by putting them in touch with a local bankruptcy attorney that specializes in bankruptcy under Chapter 7 and Chapter 13 bankruptcy. Check our website for more answers to bankruptcy questions and ideas on how to have a debt free future.

Article Source: http://EzineArticles.com/6336751

Groupon and the Online Deal Revolution

June 07, 2011 By: azjogger Category: Financial, Marketing

From: e-Marketer

Digital coupons put a new spin on an old marketing tool

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While the vast majority of coupons are still clipped from Sunday newspaper inserts, digital coupon usage is growing rapidly. In 2011, nearly half of all online consumers will redeem digital coupons online or in a store, eMarketer forecasts. Increased usage and acceptance of mobile coupons will ensure future digital coupon growth.

“Several factors account for the rise of digital couponing,” said Jeffrey Grau, eMarketer principal analyst and author of the new report, “Coupon to Groupon: New Channels for an Old Tradition.” “The recession, the increased use of the internet as a shopping and research channel, and, of course, the immense popularity of daily deal sites like Groupon and LivingSocial have created a new form of online deal hunting.”


 Adults will redeem 88 million online coupons this year

This year, eMarketer estimates, 88.2 million US adults will redeem an online coupon or code for use either online or offline at least once.

Many of those coupons will be from daily deal sites, where users pay for coupons in advance and in return get a steep discount.

Morpace reported that 32.5% of internet users had downloaded Groupon coupons, for example. Unlike regular online coupon users, Groupon users were young, mostly in the 18-to-34 age bracket. But like regular online coupon users, Groupon users had higher income. Groupon users also tended to be female and married, but by narrower margins than they were for regular online coupon users.

 Largest group of user are ages 55 and older

The age profile of Groupon users certainly appears to be shifting, according to Experian Hitwise. For the four weeks ended January 29, 2011, the largest concentration of Groupon visitors was users ages 55 and older (37.5%).

“Daily deal sites like Groupon and LivingSocial cater mainly to small businesses,” said Grau. “But national brands have been intrigued by their potential and several have launched daily deal offers. Before taking this route, brands should understand that daily deal sites and regular online coupon sites appeal to different demographic segments and meet different consumer needs. Also, the two types of sites have completely different business models, affecting how deals are structured.”

 For complete data charts and story, go to e-marketer.com.

Using a Joint Venture To Expand Your Business

May 09, 2011 By: azjogger Category: Financial, Management, Operations

By Christian Fea

Joint ventures are a popular method of marketing today, particularly for small business owners with limited advertising budgets. They may be an effective mode of advertising for many, but do they really work in expanding your current business size?

We’ll take a look at how and why joint ventures are specifically used for this purpose to help you determine if a JV partnership is the next logical step in growing your company.

Linking up with a Reputable Partner

One of the most important features a business can flaunt to attract a new customer base is their reliability and reputation. However, any company can say they offer reliable service, but saying the words doesn’t always make it so. It can be much more powerful to have a larger, more established business sing your company’s praises to potential customers, and this is precisely what a joint venture does.

When you partner with a business that has already built a strong reputation with your targeted market base, you can gain a positive name for yourself much more quickly.

Getting Your Name into the Market

Small business owners understand that the best way to attract new customers is to get your name, products and services out in the public domain. However, advertising can be expensive, whether you are looking at mass mailings, print ads or online marketing.

To get your name out with minimal cost to you, check out a joint venture. These partnerships allow businesses to share marketing costs so they get a bigger bang for their advertising dollar. Of course, posting your company name on your partner’s website may also gain you significant exposure and cost little more than signing on the bottom line of your JV agreement.

Targeting Your Market

The most effective advertising strategies target the market most likely to buy your products and services. If you want to expand your business, finding ways to target your marketing efforts offers the best value. When you join together with a related business in your industry, the targeted market base is already covered. The customers who are loyal to your JV partner are the precise individuals that will be more likely to buy from you as well. This is an effective way of growing your business with the least amount of cost and effort to you, which is one of the top reasons JV marketing is such a popular choice with small business owners today.

If your business doesn’t grow, it will eventually falter, so savvy business owners know they must be constantly on the prowl for ways to expand their customer base. Joint ventures offer a great value for the money because they address direct marketing concerns like targeting your audience and building your reputation for the least amount of time, effort and money. Once you have selected a JV partner that can provide you with these specific benefits, you’ll be on your way to a broader market base and a healthier bottom line.

Christian Fea is CEO of Synertegic, Inc. A Joint Venture Marketing firm. He exemplifies how to profit from Joint Venture relationships by creating profit centers with minimal risk and maximum profitability. To discover more Joint Venture Marketing Strategies join his free report on Joint Venture Marketing.

Article Source: http://EzineArticles.com/?expert=Christian_Fea

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Proposed Changes in Incentive Compensation Procedure

April 14, 2011 By: azjogger Category: Financial, Jobs, Operations

By Chris J. Anderson

The U.S. regulators are making changes in the existing incentive payment process and according to the new changes the firms can introduce the risk factor into the incentive system. According to the insiders this is targeted at the top executives of the big companies initially, as a result of this most of them might find half of their incentive pays deferred for sure.

This incentive change is result of the collaboration between six bodies, including Federal Reserve Board, Federal Regulators, and Security & Exchange Commission. The said change is aimed to provide the arrangement in case of any risk involved. This new design is going to result in improved inventive arrangement, design and reduce the inappropriate risk that is often included in the current structure.

Balance incentive with risk

The essence of this change is that the companies should balance their financial rewards in accordance to the risk involved. This incentive change will surely mean the differentiation of the manageable risk, and the effective controlling of the factors in the various situations. The bottom line of this is the improved corporate governance at the levels which currently are not taken into account.

The organizations having assets more than one billion dollar are targeted for this change. The most stringent of this regulation is applied on the financial institutions with assets worth more than fifty billion. The new change will stop the payment of almost fifty percent of their incentive compensation in most cases. According to the proposed set up the incentives will be matched with the performance, and the losses that might occur. Some of these new regulations are result of the huge incentive payment that was given to the head of BP, after the Gulf of Mexico oil spill.

Annual reports could be affected

The changes of this new proposal might result in making the new procedures and policies for complete fulfillment of this new rule. As a result the annual reports of such institutions will have separate section for the incentives their compensation and the different arrangements being done especially for the risk management.

According to insiders this new change is part of the tougher regulations that might be expected for the other firms as well. In the course of two years the organizations with assets less than one billion should also find such rules for their incentive treatment as well. The aim of such changes is to induce the management to adopt the prudent approach and not the path of inappropriate risk.

For more information on Incentive Check Fulfillment and Process Rebates visit my website.

Article Source: http://EzineArticles.com/?expert=Chris_J_Anderson

Article Source: http://EzineArticles.com/6132376

Luxury Shoppers go Digital

April 08, 2011 By: azjogger Category: Financial, Marketing, Social media, Technology

From: World Advertising Research Center (WARC)
Luxury brand owners seeking to engage affluent young consumers in the US should consider using a range of digital channels, a report has argued.

Specialist consultancy the Luxury Institute surveyed a sample of prosperous individuals under 35 years old, and found they were pursuing increasingly diverse media habits.

Exactly 70% of respondents possess a smartphone, with Apple’s iPhone accounting for 40% of this total, and RIM’s BlackBerry taking a 23% share.

In further demonstration that this audience generally contains a large number of early adopters, 23% of the panel have already purchased an iPad, Apple’s pioneering tablet.

More broadly, 78% of these “wealthy Generation Y consumers” watch online video, measured against 76% regularly reading magazines, and 68% saying the same for newspapers.

Web video viewing and playback material exceeded linear TV
Indeed, the combined 100 minutes spent viewing web video and 227 minutes playing back material recorded on a DVR per week exceeded the average 289 minutes allocated to linear TV.

Elsewhere, internet radio is slowly closing the gap on its terrestrial counterpart, as listeners devoted 75 minutes a week to the former medium, and 150 minutes to the latter.

“This is clearly a tipping point, with the rising generation of wealthy consumers consuming media in vastly different ways than anyone did just a decade ago,” Milton Pedraza, ceo, the Luxury Institute, said.

“Luxury firms face a challenge to adapt accordingly but also a tremendous opportunity to engage younger customers.”

Data sourced from the Luxury Institute; additional content by Warc staff, 8 April 2011

Are Digital Marketers Ignoring Baby Boomers?

April 08, 2011 By: azjogger Category: Financial, Marketing, Social media

From: e-Marketer
Boomers spend more time and money online than any other demographic

Boomers’ lives are going in many different directions, as empty-nesters, step-parents, grandparents and caregivers. For all of these roles, the internet and digital media are absolutely essential.

eMarketer estimates 78.2% of this cohort is online, nearly 60 million adults. Even as their numbers decline, that penetration rate will remain high through 2015. And they control more than $2 trillion in annual spending.

“The baby boomers grew up being chased by marketers and advertisers that tailored products and brands to appeal to them,” said Lisa E. Phillips, eMarketer senior analyst and author of the new report, “Digital Lives of Boomers: Reaching Them Online.” “Now the median age of this cohort is 55, and many boomers feel as if they have dropped off many marketers’ radar.”

Boomers spend more time and money online than any other demographic. Younger boomers (ages 47 to 55) spent an average of 39.3 hours online per month in 2010, according to the Pew Internet & American Life Project. Older boomers (ages 56 to 65) averaged only slightly less, at 36.5 hours. A lot of that time was spent shopping—and buying. Forrester Research reported that boomers spent an average of about $650 online over a three-month period in 2010, compared with $581 by Generation X internet users (ages 35 to 46) and $429 by millennials (ages 18 to 34).

Boomers also stay connected on the go. eMarketer estimates 86.9% will have a mobile phone this year, and 16.9 million boomers will access the internet from a mobile browser or installed app. In 2015, that number will reach 25.4 million, or nearly 40% of boomer mobile users. This is a market that content providers, game publishers and brand marketers should not pass by.

Marketers who widen their messages to include boomers would be wise to make their efforts ageless, rather than targeted at an older set.

Most brands do not want to “age” their products

“Boomers are immediately turned off by association with old age, infirmity and decline,” said Phillips. “Most brands do not want to ‘age’ their products with blatant appeals to older consumers. The win-win is to create an overarching brand message that gives a nod to boomers, but also includes younger adults and even grandchildren.”

This often means turning a negative—fears about failing health, for example—into a positive, such as showing the benefits of products that contribute to a healthy lifestyle.


The full report, “Digital Lives of Boomers: Reaching Them Online” also answers these key questions:

  • How do baby boomers use the internet differently from other age groups?
  • What other kinds of technology do boomers use?
  • What forms of social media appeal most to boomers?
  • How do you talk to an audience that avoids advertising?

For complete data charts and story, go to e-Marketer.com

eBay Takes on Amazon

March 31, 2011 By: azjogger Category: Financial, Marketing, Technology

From: World Advertising Research Center (WARC)

Online auction giant eBay is seeking to enhance its ecommerce credentials by moving into territory occupied by established players like Amazon.

The company has offered $2.4bn to purchase internet retail specialist GSI Commerce, which offers services covering website hosting and design, inventory management, customer support and marketing.

“Technology is changing how consumers shop, and retailers and brands are changing how they compete,” said John Donahoe, eBay’s chief executive.

“Commerce is at an inflection point where the lines between online and offline commerce are blurring.”

GSI’s roster includes adidas, Levi’s, the National Football League, RadioShack, Ralph Lauren and Toys R Us, adding a different shape to eBay’s client base.

“It wasn’t until 18 months ago that eBay even contemplated calling on larger companies or big brands,” Donahoe told Bloomberg.

“We are focused on delivering new ways for retailers and brands of all sizes … to drive innovation, engage customers and help people shop anytime, anywhere and on any device.”

eBay broadens their audience

Brian Walker, an analyst at Forrester, suggested this tactic made strategic sense, as it broadened eBay’s target audience.

“It makes them a solution for large, regular-price retailers and consumer brands who would not see eBay or PayPal as solutions,” he said.

eBay now a rival to technology providers

However, Jordan Rohan, an analyst at Stifel Nicolaus & Co, warned eBay was now a rival to expert technology providers such as Oracle and retailers like Amazon.

“This is a business of great complexity,” Rohan said.”It’s one eBay may or may not have their arms around in terms of understanding the competitive dynamics.”

The agreement with GSI means there is a 40-day window – or “go-shop” period – when the smaller firm is allowed to solicit bids from alternative sources, that eBay can match if it chooses.

“That ‘go-shop’ basically says, ‘OK, private equity, come and get me,’” Rohan said.

If completed, the takeover will enable eBay to supplement the revenues drawn from transaction system PayPal and its Marketplace auctions.

Considerable potential in moving larger customers to the GSI platform

“We see considerable potential related to moving larger Marketplaces customers to the [GSI] platform, and having [GSI] customers use Ebay.com as an additional channel and PayPal/Bill Me Later for payments,” said Scott Kessler, an IT analyst at Standard & Poor’s.

Gene Alvarez, a Gartner analyst, similarly argued the expansion of eBay’s stable might create a clearer structure for partners to progress through.

“For every eBay seller that gets successful and leaves, eBay has to get another one to replace it,” said Alvarez.

“Hopefully, they’ll be able to move them to GSI and keep them as customers, as new ones come in at the lower end.”

GSI does not compete with its suppliers

A further key strength of GSI is that it does not compete with suppliers, unlike Amazon, which has lost allies including Target, Borders and Circuit City after extending its product range.

“eBay is extremely interested in developing a portfolio of capabilities to compete against Amazon.com,” Leslie Hand, an IDC analyst, said.

Hand also outlined a countervailing trend currently at work, as brand owners and retailers develop their in-house capacity.

“As their e-commerce performance improves, there’s a general trend for retailers to build more internal capabilities to support those operations,” she said.

Data sourced from Bloomberg, Associated Press, Los Angeles Times; additional content by Warc staff30 March 2011

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What Will Online News Paywalls Mean for Advertisers?

March 23, 2011 By: azjogger Category: Financial, Marketing, Operations

From: e-Marketer
User reactions to fee-based content models could affect advertising on news sites

The steady erosion of print newspaper readership and the uptick in online news consumption have many traditional publishers looking to online ad revenue to offset traditional ad revenue declines.

The Pew Research Center identified a 17% increase in the online news audience from 2009 to 2010, while the print newspaper audience dipped 5%, offering validation for a growing reliance on online ad revenue among publishers.

The much higher price tag on traditional advertising packages compared to online packages, coupled with a growing number of ad networks, exchanges and platforms that often sell inventory at prices far lower than premium sites, has led publishers like The New York Times to try to capture additional revenue with a metered paywall.

A brand as renowned as The New York Times is bound to have a healthy number of loyal readers willing to pay for a quality news source. Nonetheless, research indicates publishers transitioning to a “freemium” content model, which offers basic, free access to a product, site or service and requires a premium for more advanced features or access, have their work cut out for them.

The Times’ model, which allows site visitors up to 20 free articles per month before the paywall kicks in, seems reasonable when considering print newspapers require a paid subscription for access to the same content. Still, research indicates online users have different cost expectations for online news, no doubt a reflection of their current ability to find and rely on free news and information.

Findings from the Pew Research Center provided a preview of how readers might feel if newspapers were to erect premium paywalls. At present, only 18% of US internet users have purchased online news content, a number much in line with data from Harris Interactive that indicated only 19% of US internet users are willing to pay for online news.

Such strong opposition from readers not only poses challenges for publishers hoping to erect paywalls, it also has the potential to impact a publisher’s main online revenue source—ad sales. How consumers react and possibly change their viewing habits could affect ad inventory and impression levels.

Its not going to mean the end of advertsing in the New York Times

“There’s the potential for there to be an impact, but I don’t really think it’s going to mean the end of advertising in The New York Times by any stretch,” said eMarketer senior analyst Paul Verna. “At the prices they’re starting this at, I don’t see them converting a lot of readers to paying customers, and I think they’re really going to need to keep working the ad-supported side of it.”

Katelyn Watson, senior manager, internet marketing at Shutterfly, currently advertises on online gaming sites that use paywalls. Although the audience, product and experience differs greatly from online gaming sites to online news sites like The New York Times, Watson told eMarketer the same principles can apply for advertising on metered usage sites and can create a positive advertising experience.

“Having a paywall opens up more opportunities for advertisers, for example, the ability to sponsor one-time access to the site on a cost-per-engagement basis. This makes for a much more robust and engaging brand experience than traditional banner advertising,” said Watson.

How will the ads perform behind the paywall?

Marketers may wonder about the potential implication for ad performance behind the paywalls; for advertisers more concerned with audience targeting than brand reach, Watson believes this too offers an opportunity.

”You know people are paying for a subscription, and you may even have access to data that tells you more about them. The quality of the inventory behind the paywall and the price an advertiser is willing to pay is probably better because of that,” she said.

The decision for publishers to offer targeting capabilities based on subscriber data would require publishers to weigh advertiser needs against subscriber privacy rights.

Bombarding consumers with ads could hurt

“If a consumer is paying for premium content and feels their information is being used to bombard them with ads, that’s going to make a bad situation worse, especially among people who already resent paying,” said Verna.

If one thing is for certain, it’s that the relationship among online publishers, advertisers and news consumers is highly susceptible to the slightest of changes made by any party. A publisher’s decision to transition to a freemium content model is one sure to impact both readership and online advertising revenue, and is one the industry is sure to watch closely in the coming months.

 For complete data charts and story, got to e-Marketer.com


Benefits of Human Resource Outsourcing

February 03, 2011 By: azjogger Category: Financial, Management, Operations

By Kim Deleo

Human resources, often referred to as HR, is a term that includes your entire workforce. Outsourcing is a term that denotes subcontracting specific work or duties of your organization, to an outside interest or third party. There are many advantages to subcontracting some of your organization’s duties, and human resources outsourcing can be a valuable investment. Here are some of the reasons to consider this type of strategy.

Recruiting and Development

Recruiting can be a very important part of your current needs. Your entire future depends on the ability to attract talented and enthusiastic people into your organization. Unless you are prepared to devote a great deal of time and money, recruiting may not be very easy. There are many professional HR firms that have the training and knowledge for successful recruitment methods and programs. It may be a good idea to turn this part of the business over to them.

Employee Benefits

If you have a very large company, you will need a completely separate department to handle the administration of employee benefits. This is especially true for things like health care and pension programs. There are several benefits to subcontracting this type of work, and the first one is less full-time employees on your payroll. The fewer employees that you have, the fewer benefits that you have to pay out. This may be the major reason that many companies subcontract duties of their organization.

Another reason to subcontract employee benefits is training. You do not have to go through the time and expense to train employees for the job. Although they may have experience and education, they will still need to be familiar with specifics within your organization, and this takes training time.

Hiring and Firing

Overseeing staffing and company personnel requirements involves hiring and firing. This is an important aspect of many businesses, and sometimes it can become personal. However, for the good of the company, it is best to not involve personal feelings in these issues. When you hire this service from an HR firm, it will be taken care of in a professional manner. The only involvement with the employees will be on a professional level.

Other Duties to Consider

There are many other duties that you can hand over to a professional HR firm. You may decide to have an outside interest take care of training employees and management. You also may use the services of professionals for things like orientation programs and policies.

Man Hours

When you hire outside firms for specific duties, you are logging less man hours. If someone calls in sick for the day, it is not your concern. When someone takes a vacation, you are not responsible for replacing them. You also do not have to worry about extras like vacation pay. You can subcontract one specific duty, or you may wish to let professionals take care of all of your HR duties. The decision is up to you and your needs.

Summary

You will find a great deal of benefits to hiring a professional human resources service for your company needs. These firms can relieve your company of the burden of things like recruitment and training. You may decide to let someone else handle administration of employee benefits, also. Duties like staffing and recruiting may be more efficient, this way. You can make use of human resources outsourcing for one duty, or all of your HR needs.

Spend less time and money by outsourcing your human resources division. Look at human resource outsourcing companies at http://www.humanresourceoutsourcingcompanies.org and uncover how to hire and keep top rated expertise with the most suitable HR outsourcing companies.

Article Source: http://EzineArticles.com/?expert=Kim_Deleo