Remove 1999 Remove Advertising Remove Cost Remove Social Network
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10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

Powered by cell phones and social networking platforms, we saw revolutions taking place, businesses being transformed and our daily lives made more convenient (if we could tear ourselves away from our Facebook and Twitter updates). Universities are also creating more interdisciplinary programs in order to encourage this collaboration.

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How 99Designs.com came to be

Sophia Perl of Wisdom

A notable site is FaceSmash which sold for $30k the week the movie Social Network came out. Even Perez Hilton blogged about Flippa because of its relationship to FaceSmash and Social Network. Tips from Matt Mickiewicz: To keep costs low try swapping services for other services.

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It’s Morning in Venture Capital

Both Sides of the Table

Cloud computing and the open source movements have brought down the costs of starting a company by more than 90%. The movie, “The Social Network” might have had more of an impact on creating future entrepreneurs than any other event of the past 5 years. Thank you, Aaron Sorkin! There are 20x more consumers online.

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Surprise Is One Of The Most Powerful Small Business Marketing Tools

crowdSPRING Blog

Customers not only talk about their delight on social networks, but also love the experience so much that when they next purchase shoes, they will again buy from Zappos. Adopting a ‘surprise’ strategy thus requires a careful analysis of the costs and benefits (e.g., Surprise can be small and inexpensive. A few words of caution.

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8 Smart and Practical Ways To Increase Your Small Business Profits

crowdSPRING Blog

It might be fun to spend two hours daily on Facebook or Twitter hunting for customers, but the more important question you should be asking is whether your prospective customers are looking for you on those social networks. For example, take a look at Buffer’s 5 Unique Ways to Measure and Evaluate a Social Media Campaign.

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No Denying Deflation: Will It Eventually Kill Content?

Seeing Both Sides

The article contained a chart showing music industry revenues peaking in 1999 at $27 billion and dropping consistently as a result of the disruptive power of digital music and iPods/iPhones. The CPM (cost per thousand views) that advertisers are paying has dropped from $17-25 in 2011 to $15-20 in 2012.

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Economic Moats: Who Has Them? And How Do You Get One?

ConversionXL

The concept of “economic moats” came from a 1999 Fortune article by Warren Buffett: The key to investing is [.] Sales reps are also likely to be familiar with Salesforce because it’s the most widely used CRM, reducing onboarding costs for companies that use it. Low-cost production. Dig a deep moat. That’s my moat.