Tuesday, December 16, 2008

Groundswell

Groundswell: Winning in a world transformed by social technologies

My selection of groundswell was based on three factors: 1) Senior Management in my company has been struggling with understanding the implications of social media, 2) I’d read a review of the book in an HBR magazine, and 3) I had no knowledge of social media and was curious. For all of the time I spend on computers, I had not spent anytime getting to know the Web 2.0; I’d heard about FaceBook, seen rss symbols and the like but never interacted. So to say this book is the New Influencers on steroids is probably not that much of an exaggeration. Corporations, like people, don’t always get it. Corporations do not naturally gravitate to places where they are not in control. The premise of groundswell is to help corporations I come to grips with “a social trend in which people use technologies to get things they need from each other, rather than from traditional institutions like corporations.” The speed and breadth of change was accelerating and becoming … well, a groundswell. The groundswell was the result of a collision of three forces: people (i.e. always dependent on each other), increased use of technology (i.e. 73% of people in the US are online), and software that was both more interactive and ‘people aware’. What makes this type of change different is the powerful software that is in the hands of people who are frequently connected and the new Internet economics (traffic equals money). Groundswell is about the power and influence Web 2.0 has on the fabric of our society today. A key point of the book is whether a company chooses to participate or not, the groundswell may involve that company. The groundswell is bigger than an individual company. The matter at hand is how to companies engage in the rising groundswell - either they succumb to its power or ride the swell. This is a book to help a company understand the changes and make conscious decisions to engage in the revolution or not.

The approach in groundswell applies to all levels of business (large or small). As is often the case with innovation, small business tend to embrace change more readily (more risk tolerant) while large businesses try to control the change. This book provides a methodology for understanding, identifying fits, and targeting the use of the new social media. This book can be the reference primer for a company trying to match their product or culture to various aspects of the new social media in use on the web (e.g. is a blog the right means of talking with stakeholders?).

This is a business book, targeted to senior executives and implementation management in marketing, finance and sales in corporations. Because Forrester is a research and consulting company, the format and approach of the book is to describe the new technology space, introduce tools and processes that a corporation could use in implementing strategies in this new media space.

Given we have The New Influencers as a basis for framing the social media space that describe the new media and how to engage on various levels. The focus of this report is on two aspects that are unique to corporations. The first is to define why corporations are reluctant to participate and to describe one of the new tools, Techographics®.

§ The first aspect – is about tapping into the groundswell. Li and Bernoff are adamant – do not start with a random social strategy, the outcomes can be worse than you imagine. The authors describe a four-step process (called POST) for planning to build a strategy. POST stands for people, objectives strategies, and technology; Notice that technology is only 1 of 4 attributes of the method. Li and Bernoff repeatedly point out that the new social media is about people interactions facilitated by technology not the other way around.
§ The second aspect – Li and Bernoff articulate a call to action for corporations. Their basic premise is the groundswell can threaten corporations and their brands as customers draw strength and information from each other. Ignoring the phenomena or having a good defense is no longer enough. The Social Technographic Profile refers to Forrester’s methodology for surveying consumers that focus’s on their technology behaviors. At the core of the profile is a common way to group people based on groundswell activities and the way they in which they participate. Based on extensive surveys, Forrester has created and maintains baselines of behaviors they can slice into any demographic.

In conclusion, this book is directed to managers and professionals charged with managing a brand or marketing a product or service for a corporation. It is intended to prepare and guide those executives and professional to enter, handle, and even thrive in the rapidly evolving world of social media. It provides series of tools and/or experts in the space that can help a company solve the question, “How do we get into the new social media channels?” This is a real hands-on ‘how to’ book.

Monday, December 15, 2008

Ultimate Guide to Google Ad Words

The UGGAW Ultimate Guide to Google AdWords: How to Access 100 Million People in 10 Minutes by Perry Marshall and Bryan Todd is an easy to read 'how-to' type book that will help the reader create and execute a plan of action to increase the CTR on their business web page using google ad words. You will learn how to launch a google ad word campaign and hone your unique selling proposition. This book is filled with the author's life experiences and many testimonials from trusted users of google ad words. These contributions make an other wise dry topic fun and exciting to learn. I recommend this book for small business owners and anyone interested in increasing the CTR of their web site.

Wednesday, December 10, 2008

Blogging for Business




The book is obviously about blogging for business, it offers insights and ideas about the importance of blogging in today’s markets and how blogging is not simply a fad. Unfortunately I found this book to be written for someone with limited to no experience in blogging and social media, definitely not a book I would recommend to anyone who has taken e-commerce.
The book opens up by defining terms associated with blogs and continues on to business uses of blogs, benefits, how a business should enter into blogs, promote your blog, legal issues and finally closes with the author’s speculation on the future of blogging. As you can tell from a list of the chapters:
What is a Blog?
Business Uses of Blogs
Blogs on the Inside
Monitoring the Blogosphere
Tapping into the Blogosphere
How to Make Money with Blogs
Planning Your Blog
How to Create a Blog – Step-by-Step
Promoting Your Blog
Using Search Engines to Promote Your Blog
Measuring the Results of Your Blog
Legal Considerations
The Future of Blogging

This book is specifically written for individuals interested in understanding why a blog might be an appropriate course for a business to consider. It cites some key instances where blogs have helped save a company in crisis because of the trust built from the company’s blog, but the book also warns of how blogging just to blog or blogging because of a crisis can actually be detrimental to a company’s reputation.
Overall, I would not recommend this book to anyone in the class. But if you find yourself working for someone who ‘doesn’t get it’, and you need help explaining it to them, you may want to recommend this book to them.

Tuesday, December 9, 2008

Wikinomics


Wikinomics

Wikinomics by Dan Tapscott and Anthony D. Williams is a great book geared towards helping traditional marketing expertise understand the new form of marketing, branding, and consumer communication.

            For people with a fairly steady grasp on social media, the book is interesting for the case studies that are included. They show how companies did or did not use social media and the effects that it had. There is a well-structured flow to the book that gives helpful steps and guidelines:

·      Engage and co-create rather than plan and push. The point here is to make the customers the designers and marketers of the product. Rather than the old method of developing a product or service, push through marketing, revising, and starting over again, let the customers help develop a product or service they want and would use. 

·      The second outline is actually four principles that should be followed to function properly with in Web 2.0.

o   Peering- The classic, grass root example of this is Linux. An operating system developed over time by anyone who is interested. The operating system has been given a general public license, which allows everyone to use it for free. The only stipulation that has ever been placed on Linux is that any changes that are made need to made available to others.

o   Global Acting- GM is the example that Wikinomics sighted. They have multiple car companies located and selling all over the world. They were greatly duplicating efforts. Ralph Szygenda, CIO stated that redundancies are costing the company billions and restricting them in future global growth.

o   Openness- One of the more comprehensive examples, focusing on openness is Swiss drug maker Novartis. In February of 2007 they published all of its raw data regarding their genetic research into unlocking type 2-diabetes. Their intention is that if and when another is able to make a break through they will come back to the company to use their services, as it was their openness that allowed the break through.

o   Sharing- having the ability to share across boards and around the world is invaluable. There are multiple contents (i.e. intellectual property or trade secrets) that need to be considered within the context of sharing. The rapid rise in the popularity of Skype is a great example of how important sharing has become.

 

            As a whole I would highly recommend Wikinomics. 

Monday, December 1, 2008

Search Engine Optimiztion for Dummies



My hope was to develop a general knowledge of the basics of search engine optimization; understanding the priorities of optimization and how to develop a web site that has the best opportunity of being optimized with regard to organic search….with the constraints of time, capital and knowledge. This book was developed for someone like me, a layman, with no real knowledge of search engine optimization. This text gives an excellent reason for why-to-optimize and how-to-optimize.

As a review of the book, the title is what you get. For the person that has no technical background that needs to optimize a web site, they would have an outline to go by that explains what is needed to achieve search engine optimization. While this person may not be able to design the pages, he would be able to explain in detail and review plans to increase the chances of improving the web pages organic search results.

The how-to-optimize is spelled out so that anyone with some knowledge of the internet, a company website and knowledge of the HTML or access to someone with a base of knowledge in HTML can develop and implement a strategy to optimize a web site and improve the organic search results for that web site within the search sites. The book organizes planning your search engine strategy in 6 steps.

1. Web site design…web designers are not typically concerned with search engine optimization. It is important to recognize and use content that is identifiable and readable by search engines. It is pointed out to make a Web page well, multimedia should be limited, utilize text and limit graphics, do not be cute or cool and do not utilize the very latest development software. Of these suggestions, content is the most important. Search engines do not read frames well and content that is included in images cannot be read or indexed!

2. Keywords. Keywords are the foundation of developing an effective search engine optimization strategy. Keywords should be integrated throughout the web site and web pages. Title tags, content, density and placement should be watched and keywords should be prominent in all. The text recommends optimizing one or two keywords or phrases per page.

3. Content. Search engines index text. To optimize your site, you will need a lot of text that incorporates keywords and phrases. Again, key words should be integrated throughout your web site. Keywords should be in not just the above but also Meta tags headers and links.

4. Page optimization. As a rule, the author suggests limiting multimedia, avoiding framing, using text—no graphics, do not use the latest development software. It is of the upmost importance to develop your content and ensure that the content is readable by the search engines.

5. Submissions. In some aspects, the author suggests that this step is not as important as some would think. It is recognized that if all the other steps are followed, search engines should, in theory index your web site. There was one exception to this theory; and that was site maps. A site map is place in a Web site’s root directory and lists the links to all the pages of your web site…allowing search engines to find all the pages and thus index your site more readily.

6. Links. With the exception of keyword use, Links tends to be the most important strategy to improve a web sites organic search results. Links from other web sites pointing to your web site factor in the organic search results. Not only are the links important but also the “value” or page rank of the pages that link to your site are important. The text describes in detail a plan of a”linking strategy”. The author points out four points of the importance of links. First, “Links make it easier for search engines to find the page. Search engines use the number of links pointing a page as an indication of the page’s value. Links provide information to search engines about the page they’re pointing to. Links not only bring searchbots to a page, but may also bring people to the page.”

7. Time. While time cannot be stopped, it is suggested that the sooner you start, the older your site is….which is important because search sites weight older sites more heavily than newer ones.

Monday, November 24, 2008

Because Web Design for Idiots was unavailable...


After about an hour of fumbling helplessly through the shelves of Barnes & Noble, I picked out Web Design for Dummies by Lisa Lopuck. The book is divided into sections that are meant to follow the basic workflow of building a website. From there, the sections are divided into chapters based on specific subjects. This format helps because the book builds on itself but remains extremely easy to navigate. If you need to re-read something, you know exactly where to find it.




As far as content goes, I don't claim to have any expertise in Web Design (I mean, look at the book I chose), but I didn't see anything that I could identify as false on the technical end of the book. Moreover, the sections that dealt with design elements (which I do know something about) were very nicely articulated and supported with appropriate images, graphs, etc. When I first started reading, I was a little afraid that it would be all theoretical information and no tech stuff, but I was pleased to find that the book contained a good mix of both disciplines.


The author's stated audience is people who have little or no experience in the area of Web Design, and are looking to become professional web designers. I thought this was pretty specific for a Dummies book, but I don't think that anything was lost in the assumption of a certain readership. I can't argue, either, that the book is definitely geared toward beginners.


Aside from the sometimes disconcerting references to the web design company that the reader is supposedly starting, I found Web Design for Dummies extremely helpful. My plan, in approaching Web Design, was to find a book that would lay out a wide scope of the field, and give me an idea of where I want/need to go deeper and learn more. I think that Web Design for Dummies has done a good job of accomplishing the first step in this plan. It is not by any means comprehensive, but it does give a beginner the lay of the land, and that is definitely important.

Thursday, November 20, 2008

The Truth About EMail Marketing by Simms Jenkins


I found The Truth About Email Marketing while browsing through the business section at Borders bookstore. I pulled it off the shelf to take a closer look because, quite simply, the book was sticking out a little bit, and the teal cover caught my eye. Upon scanning through the table of contents and reading Truth #1, the author, Simms Jenkins, immediately grabbed my attention in the introductory paragraph when he described how people typically rolled their eyes and made “spam” comments as soon as he told them his job involved email marketing. I would certainly have rolled my eyes about spam as well! After reading the introductory paragraph standing in the aisle at the bookstore, I decided I would give Mr. Jenkins the chance to change my mind, and I hoped to gain an understanding of his perspective upon finishing his book.

The Truth About Email Marketing is organized into what the author calls the 49 Truths of e-mail marketing. These truths are divided and grouped into 11 sections, with titles such as “The Truth About Why Email Works” and “The Truth About Measuring Email Performance.” Every “Truth” is only 2-3 pages, and this format lends itself to the reader; each “Truth” flows logically into the next, and this makes the book both a fast and an easy read.

Throughout the 200 pages, Mr. Jenkins very effectively describes: why e-mail marketing is a valuable tool; how e-mail marketing provides the highest return on investment (ROI) of all marketing strategies; how to create and grow your contact list; best practices; the truth about privacy and the CAN-SPAM act; and where e-mail marketing is headed in the future.

I would certainly recommend this book to marketing students; they could gain perspective on a new technique they may have not otherwise considered, and they can then bring that perspective to whatever new company they continue on to work for. I also recommend this book to ANYONE currently employed in a marketing position; Mr. Jenkins’ ideas are concrete, proven effective, and most importantly, they have measurable objectives. This book ‘makes the case’ for anyone on the fence about whether or not to fit an e-mail marketing campaign into their budget or to increase an existing e-mail marketing budget.

Tuesday, November 18, 2008

Affiliate Millions


Affiliate Millions

How would life be different if you were able to earn thousands of dollars each month from the comfort of your own home? It seems to good to be true and sounds a lot like the scams you see on TV. It sounds like another get rich quick scheme that people fall for right? Well not always. In MKTG 670 we have been learning a lot about e-commerce and how to use it to earn money. I decided that in my search for a book for class I would look for one that might help me earn money from home with little supporting capital and time constraints. I found "Affiliate Millions: Make a Fourtune Using Search Marketing on Google & Beyond."

This book began by introducing the main author who had found success using search marketing techniques to drive affiliate marketing campaigns. The author, Anthony Borelli, was your average working business man with a 9-5 that was not fulfilling. Borelli decided to try affiliate marketing as a side business and soon began to earn enough that he was able to make his affiliate marketing campaigns his only job.

After introducing himself Borelli fills us in on the affiliate marketing environment. We learn the definition of affiliate marketing, search marketing, click-throughs, affiliate networks, and many more. We also learn Borelli's 10 step approach to successful affiliate marketing.

10-Step Approach
  • set your sights on success
  • learn as much as you can about affiliate advertising
  • learn as much as you can about search marketing
  • join and affiliate network
  • join affiliate programs
  • learn how to manage your search campaigns (hardest part)
  • don't let mistakes get you down
  • invest in and grow your programs
  • manage your business like a business
After outlining this 10-step approach Borelli breaks down his steps into three areas and expands on how to complete each step while sighting examples from his own business success. The first area is Getting Started, the second is Launching Your Advertising Campaign, and the third is Managing Your Marketing Campaign.

Borelli also stresses how important it is to make sure that you treat your endeavor into affiliate marketing like a business. You must learn about it, make smart and creative decisions in your campaigns and build a reputation with advertisers to make sure that you can sustain your efforts. You must also be able to weather rough patches along the way.

I thought this book was great for beginners who were looking for basic information about affiliate marketing through search. It did a good job of defining the affiliate marketing industry and gave a clear picture of how one person was successful at his approach. I think however, that if you are serious about starting your own affiliate business you should do more research and look to multiple references to build your model and find success.

Web Analytics - An Hour A Day: Book Review


Web Analytics: An Hour A Day
Avinash Kaushik

I am a numbers geek. My current job consists mainly of sifting through numerous amounts of data, mining and modeling it, and then telling a story with it. Since I deal with huge amounts of data, I was interested in reading about analysis strategies for a field that seems to equate to an almost endless amount of it.

The author, Avinash Kaushik, has an extensive background and experience in the subject. He currently authors a well known blog in the web analytics community called Occam’s Razor at http://www.kaushik.net/avinash/. Additionally, he regularly gives presentations on the topic. I also read in the forward that 100% of the proceeds for this book are being donated to two charities for cleft lip and palate surgeries in underdeveloped countries and Doctors Without Borders. If that doesn’t show that his main agenda is in sharing his knowledge and enthusiasm with readers, I don’t know what would.

The layout of the book is broken out into what I would consider two main parts. It first builds the foundation that includes basic things you need to know about web analytics and then goes into some business theory as a basis for interpreting the results. The second part of the book then breaks out all of your web analysis tasks into a seven month exercise that uses a different topic each day or two and encourages you to spend an hour a day on each task, hence the title.

The audience the book speaks to is very broad. Every business oriented person can learn from this book; however the entire book would not necessarily be applicable. For someone who would be more of a user of the data, which would be myself at this point since I don't have access to this specific type of data, the beginning sections where much more valuable then when the books starts delving into the technical applications.

One of the main points of this book is to be able to create actionable analyses with the data. This really resonates with me, because I also believe that is one of the biggest disconnects when you are in a data centric job. You can look at things a million different ways, create charts, graphs, ratios, percentages that are all really nice and can make a great report to upper management, but the bottom line is that’s great, now what.

Overall, I would highly recommend this book. It has a great foundation of concepts that are relevant to all audiences and then the detail needed to get to the hard core analytics for those who need it.

Monday, November 10, 2008

Google AdSense for Dummies



This book is a great help manual for learning and using AdSense. Google AdSense, the get rich scheme of this decade... I found it very helpful in my sorry attempt to make a few bucks from a blog and website. I’ve been intrigued for the last two or three years, that people can make money by having a popular website. I have a blog and played around a little with Google AdSense and wanted to find out more about it and understand how it works, especially since Google continues to grow profits while Yahoo struggles.

The book is all about Google AdSense, the do’s and don’ts; how to set it up and suggestions to optimize content, and search capabilities. Other topics in the book include how to use AdSense for RSS feeds, and mobile devices, all about the AdSense referral program, how to administer and manage AdSense and helpful tools associated with AdSense.

It’s a typical ‘For Dummies’ book, so you have the yellow and black look and feel with the funny cartoons and hints etc. I’ve used a couple of other books on technical topics from this series and they were helpful so I am used to the format and style of the series.

The author Jerri Ledford is a freelance writer on business and technology subjects over the last 15 years. She’s been published in notable publications, such as, Network World, Intelligent Enterprise, and Information Security Magazine. She also develops and teaches technology training courses for both consumer and business users, including topics on security. She has a blog on ComputerWorld.com and author of books such as, SEO – Search Engine Optimization Bible. She is very qualified to write this book.

If you want a step by step process of setting up and understanding Google AdSense, this book will be valuable. Simplicity, structure and scalability help this book to be a good reference manual as one dives deeper into understanding and working with Google AdSense. I really liked the hints, helps on creating ads, and even AdSense for video capabilities. The recommended tools such as Google Analytics also helps to really get a handle on your website and incorporate Google AdSense.

One of the only problems with the book, even though it was published in 2008 is its a little outdated already. There is a whole chapter dedicated to Google AdSense referral program which is no longer in existence now. So, while the book is very helpful and explains a lot, it is incomplete due to the fast changing and adjustments of the AdSense product itself.

I think this is a good book for basic and introductory learning with Google AdSense. Since I consider myself a newbie to Google AdSense this book helped me to start off at a slow pace in understanding how it works, and how to apply it to my websites and blogs. I’ve made $3.54 in my Google AdSense account since I started my account a couple of years ago. I’m expecting that number to jump now that I’ve gained some useful insight with this book. In addition, there are few links listed that were very helpful for AdSense and related topics that I found very helpful and interesting from the book.

AdSense Sandbox
AdSense Preview tool
AdSense Calculator
AdSense Notifier
Adsense Heat Maps
Another heat map
AdSense Accelerator
AdWords Traffic Estimator and Bid Tool
Keyword Tools
Keyword-Ranking Tools
AdSense Blog

Click by Bill Tancer Reviewed by Katy Neville




Who knows all your secrets, your vices, or your inner most thoughts? Is it your best friend, your husband, or maybe your hairdresser? We would all like to think that we have a close confidant that we can share every secret with, but the truth of the matter is, most people don’t allow their true feelings to be expressed all the time. Thanks to the virtual world that has all changed.
Bill Tancer has discovered the brilliance behind Google, Yahoo, Ask and many other popular search engines. Search queries are quickly becoming the gatekeepers to societies’ deepest secrets and interests. Instead of turning to a person in times of need, many people are turning on their computers. Once logged on, Bill Tancer and many other data enthusiasts are presuming “we are what we click.”

Tancer works for a company by the name of Hitwise. Hitwise tracks internet user’s actions, search words used, demographics and more and then stores the information in a data base just waiting to be interpreted and investigated. This service is a data lover’s paradise. The program used can pull up the top searches regarding any subject in any time period. The possibilities are endless with the amount of data provided by Hitwise.

This book investigates portions of Hitwise data. One of the most interesting articles, from a marketing standpoint, was Chapter 3: Prom in January. Timing is everything when launching a marketing campaign, and if you truly are a good marketer you pride yourself on knowing when to start promoting your product to certain demographics. When thoughts of promoting prom dresses comes up, many professionals believe that right around the launch of the prom season should marketing begin, March, April, and May. But, if anything that Tancer is saying could be true this assumption would be too little too late.

Tancer, along with the class, also had the gut feeling that prom interest should peak around prom time. That’s why when faced with a search query presenting “prom dresses” as one of the top search terms in January did he start his full on promenade investigation. Tancer was faced with the question, “Shouldn’t our Internet behaviors be somewhat consistent with the way we behave in the real world?” (Tancer, 53) This belief turned out to be false in prom dress shopping as well as many other things.

The culprit to the early prom dress query was magazines. Publications such as Cosmo Girl and Seventeen Prom were hitting news stands as soon as New Year’s resolutions were being made and featuring the “latest” prom fashions. These publications in turn were shaping the way young girls planned their seasonal ball. More teens were in search for the perfect dress not weeks before the big event, as previously thought, but up to four months in advanced. This was the golden ticket for marketers.

The prom theory is just a glimpse of what this book is about. Tancer provides readers with so much interesting data, but never dwells. He can hold your attention, but not bore you. I believe if you are looking for a different type of book that will help you view search engines and internet society in a new way this book is for you. If the saying we are what we eat is true then I’m sure Bill Tancer would like to assume we are what we click. Lucky for us he is the one reviewing all of the clicks, we just get to read about the interesting selections.

Thursday, November 6, 2008

Web 2.0: A Strategy Guide

Weighty analysis may make the pages slow to turn, but it’s worth the heavy lifting.

A sky’s-the-limit azure book jacket on Web 2.0: A Strategy Guide promised to “transform [my] business by looking at specific practices for integrating Web 2.0 into what [we] do. I flipped through the pages and saw that the book closely examined sites like Flickr, Facebook, Amazon, and Google. On the whole, I was hoping to gain a better understanding of the phenomenon and how exactly I could use Web 2.0 thinking to build an online marketing strategy for a startup manufacturing company in Colorado Springs.

O’Reilly Media, publisher of this and other computing manuals, is the creation of Tim O’Reilly, a strong advocate of open source software. He is also the man who coined the phrase “Web 2.0” in 2004. The foreword by O’Reilly describes his vision of Web 2.0 as the phase in which the internet realizes its true potential through technology’s “transformative power” based on “harnessing network effects and the collective intelligence of users to build applications that literally get better the more people use them.” Sitting on the Barnes and Nobel carpet with this book in my hands, I was inspired and intrigued.

Shuen’s formidable grasp of Web 2.0 as an economic phenomenon is apparent in her deep analysis of network effects. This book is written for business people who are trying to get their arms around what Web 2.0 is and how to incorporate network effects into innovative business models. The challenge for readers with limited economics experience is to keep up with the torrent of financial models and terms.

As a trend, Web 2.0 is dynamic, exciting, and interactive, but at times, Shuen’s thick analysis threatens to choke the life out of it. Web 2.0: A Strategy Guide is targeted toward those readers who are still not quite convinced that the commerce of collaboration is something they can use. For my part, I was looking for more concrete strategy, and less proof that Web 2.0 is a good idea in the first place. Still, chapter six (more value added here with a link to Shuen's blog) offers a solid 5-step program for making Web 2.0 work for business.

It took quite a bit of slugging my way through dense explanation, web economics curves, and the network effect, but I found the strategy guidelines to be helpful:

1. Build on Collective User Value – Allow users to collaborate and collect information to share. In analyzing how to do this, take into account cash flows and explore the possibility of modifying cost structure to reward top contributors and monetize their contributed value as quickly as possible.

2. Activate Network Effects – Even “tippy” markets may not be a zero sum game. Proliferation of online businesses and consumers continue to add value and critical mass.

3. Work Through Social Networks – Systematically identify ways to increase viral, interactive, or social influence/referral factors of your business. Know how to make use of social network’s structure, even if you’re not contributing a new platform to it.

4. Dynamically Syndicate Competence – Use mashups (like this one from Dilbert.com) or viral distribution of protected intellectual properties. In other words, make information available to competitors, ecosystem partners, users, and others to share what you do well.

5. Recombine Innovations – There are opportunities (such as those with Build-A-Bear) for online-offline cooperation partnerships and collaborations that add value for all parties involved. Find them. Explore ways to fashion “recombinant” tried and true business models with new models.

On the whole, A Strategy Guide is well-crafted with dense, deeply analytical explanations of Web 2.0 models and strategy, but fails to capture the dynamic drive of Web 2.0 itself. It is, after all, a business text—not a blog post. I recommend it, but this book's slim size belies the weight of its analysis.

The book's cover price is $24.99. You can buy the book electronically from the publisher for $19.99.

The New Rules of Marketing and PR

I selected this book because of two reasons. First, the title “The New Rules of Marketing and PR: How to Use News Releases, Blogs, Podcasting, Viral Marketing and Online Media to Reach Buyers Directly,” is attractive to me. I have heard people talked lots about online marketing and e-commerce, but I never found an easy but valuable book to start to understand what people actually do online. And I am curious about the “new” rule and how to implement marketing strategy through blog and podcasting. Online marketing area is what I am not familiar with, although it’s the hottest topic in marketing. After the interesting title caught my attention, I went through some book reviews and found 76% of reviewers gave it five-star rate and most people said it provides an easy to understand yet comprehensive view of the new online marketplace. An easy-understanding book for novice in online marketing is the second reason.

To me, the book's greatest value is its comprehensive and practical analysis of new media tactics and channels, such as blogs, podcasts, videos, search engines, online media rooms, and more. “The internet is not so much about technology as it is about people.” David goes beyond technology and explores the ramifications of the web as it pertains to people. This is the most valuable part of this book for people without IT background, like me but also want to harness the power and take advantages of the internet-driven world. The book is structured like a blog, and divided into three sections: 1) How the Web Has Changed the Rules of Marketing and PR, 2) Web-Based Communications to Reach Buyers Directly, and 3) Action Plan for Harnessing the Power of the New Rules. In the early chapters, David takes a high altitude look at online marketing options, showing us how they developed, why they're important, how they work, and why they work. In later "Action Plan" chapters, he jumps into the trenches and shows us how to actually use the tools and implement programs. Throughout, he uses detailed case studies to illustrate not only the programs but the amazing results they can achieve.

Although I must admit that I found Parts I and II of the book a bit dry to read, they do an excellent job of providing insight into the ideas behind marketing, delves into the differences between the old and new rules, and providing a general understanding of each of the marketing avenues listed above. But for Part III, "Action Plan for Harnessing the Power of the New Rules," is where the book comes alive for me. It's there that we transition from the passiveness of discussing philosophy into actually putting the New Rules to work for you. At first we learn how to build a marketing plan, and then we transition into creating the content for our marketing materials, the kind of content that will distinguish you from the rest and earn your potential buyers' respect and loyalty. From there we move on to each of the avenues previously mentioned, giving each a chapter of its own so that we learn how to utilize each of them to great effect, always keeping the customer's needs and wants at the forefront of our thinking. I believe this book is also useful for Mr. Biggs. What we are doing is what is talking in the book!

The only downfall to this book will be the passing of time. Because of the very nature of the media that he writes about, the book's shelf life is going to be short. This book provides a great foundation and I am sure David's own blog will keep us in the know as it and other things progress. I genuinely recommend this book to all those who hope to understand how the e-commerce world works, what kind of weapons you can get online and how to make good use of them to earn profit.

Wednesday, November 5, 2008

Design and Launch your own e-commerce business in a week...sounds simple, right?


Let's start by giving this book credit. It does give you the steps on how to begin your own e-commerce business. However these steps are very generic and could have been found easily trough an online search. The book reminds me of the Geico commercials, "So easy a caveman could do it." There are plenty of parts of this book where I think their targets audience is cavemen. For example, there is a section that explains to the reader the need for a telephone, telephone service, and waste basket. The majority of the book is below the reading level of MBA students. The authors discuss simple marketing decisions such as target markets and market share. True, this information is important for any business. Unfortunately for me, I chose to book hoping it would focus more on the computer/internet aspect of developing an e-commerce business and the office decor and general marketing principles. And to be honest, I probably should have realized this before investing time in reading this book. However, I did not, hence this book review blog.
Outside of the first half of the book which should have included crayons and a coloring section, there are a couple e-commerce tips that can I did enjoy. The first was the turnkey solutions. Speaking for myself, I knew very little about where to begin in creating a website. The book offers several turnkey solutions such as www.godaddy.com to help a beginner on their way. My complaint is that this information can be found through a simple google search and this book does not provide any input outside of the site suggestion. The second part of the book I did enjoy was the interviews with successful e-commerce businesses that started from stratch. some examples are www.peppyparents.com, www.organicsleepproducts.com, and www.kieljamespatrick.com. The book talks about learning from other websites when creating your own. Pick out what you like and dislike and customize yours to your clientele. This is a fairly simple thought but I think it can be overlooked.
In summary, this book has a purpose. It's purpose, however, is not in an MBA classroom. It is for beginners, not only in the e-commerce world, but in business in general. I would suggest a title change to highlight this fact. "Design and Launch an E-commerce business in a week" led me to believe it was a book solely on e-commerce and for someone with average knowledge. Everyone has a different level of knowledge and you can decide on your own if this book is for you.

Tuesday, November 4, 2008

Farce to Force Book Review

My Going-in Position
I selected this book to help round-out my understanding of e-commerce, specifically to help generate some general principles to build e-commerce strategies from. I purchased this book from Amazon because the description seemed intriguing and the one customer review was very positive. My expectations for the material included finding indications of successful strategies with detailed case studies that could help me identify both the pitfalls and the recipes for success.
The Book
The title of this book implies that it spans the period of internet upstarts, inflated potential and prices, the market crash (Farce) to the point of solid business practices, effective strategies, and successful e-commerce business (Force). It does not. This book appears to have been written between 1996 and 2002. There are no examples of truly successful e-commerce/e-business strategies, because at the time of the writing there were few, if any in existence. None of the companies she looked at had a clear vision of the future, or of what long-run success would look like.
The author doesn’t discuss weblogs at all, includes little about the potential of chat, and doesn’t see the full potential of advertising as an income generator or as at targeted marketing tool. She assumes that big businesses will potentially shut-out small businesses on the web, and she focuses on many problems of the past that have now been reduced to small hurdles or less. Reading this book would be much more tolerable if the author had stuck to the facts and not injected so many false prophesies into her writing. An example that identifies both her key assumptions and touches on some of her other positions follows:

We have several more years to go before the Internet is organized
efficiently and technology is affordable and practical for e-commerce. And it
will be longer than that for buyers and consumers to reorient fully and
completely their traditional buying practices, psychology, and thinking to use
the Internet for their everyday needs. This is true for all countries,
especially the United States… Pg. 9


The portion of the book that is dedicated to strategic planning is the most interesting and relevant part of the book, but it offers more questions than answers, is fraught with generalities, and relies on a frustrating number of dated examples. Her guidelines for creating and implementing an e-commerce strategy tend to be general in nature as well, and identify common brick and mortar strategies that have been infused with some e-commerce-specific considerations. Overall, the strategy portion of the book is the best part, but still fails to deliver anything that is truly new or unique about e-commerce.
My Recommendation
This book was written during the early stages of internet maturity, and provides no significant lessons for the current marketplace. I have to question the motivation of both the author and the publisher who released this obviously outdated book in 2006, without so much as updated notes, references, or insights to make it relevant in the current marketplace.

Thursday, October 30, 2008

Start Your Own Information Marketing Business



This book written by Robert Skrob in conjunction with Entrepreneur Press is an excellent guide for those wishing to incorporate information marketing into their business model. It is presented as a step-by-step guide to success in launching and nurturing an information marketing business. The book's author has spent 12 years marketing products, newsletters, and seminars to 32 different business and professional occupations. He generates millions of dollars a year in subscription income and meeting registrations. In 2004 he worked with a group of info-marketers to create the Information Marketing Association, the trade association for the industry.



Entrepreneur Press (EP) is an arm of Entrepreneur Magazine. EP publishes books regularly on the subject of business start-up and success. Entrepreneur Magazine is published monthly and is seen as a handbook for small to medium businesses and a guide to those in the start-up stage of their business, providing inspiration and tips for avoiding mistakes and realizing goals.


One strong aspect of the book is the fact that each chapter is a compilation of information contributed by a specific information marketing expert who provides their best tips on a particular aspect of launching a successful information marketing business. This gives you access to 100 years of combined experience in the business. Another is that the information the reader gains details not only WHAT to do but HOW to do it. This short book of 156 pages is filled with case studies, outlines, financial tips, resources, and a glossary of terms. Learn about such subjects as:
  • Replacing Manual Labor by "Multiplying Yourself" and Leveraging What You Know
  • Protecting Your Information Marketing Business
  • Financing Your Information Marketing Business
  • Simple and Easy Strategies for Creating Products You Can Sell For Years
  • The Five Keys to Effectively Marketing Your Business
  • How to Sell Your Information Product Online or Offline
  • Getting the Lifestyle And Income Of Your Dreams By Using Joint Ventures
  • Maximizing Online Info-Product Sales
  • Using E-zines As A Fast And Practically Free Way to Sell More Info Products Online
  • An Alternative To Professional Publishers
  • Build A Coaching Program From Scratch
  • Speed Implementation
  • Info-Marketing Resources
I would highly recommend this book! It delivers a wealth of information on things you might not consider as you are moving toward your business goals. It's author Robert Skrob has done an excellent job in presenting the information. You can learn more about him from his blog at http://www.robertskrob.com/

Saturday, October 25, 2008

Starting an Online Business For Dummies



“Starting an Online Business for Dummies” by Greg Holden is one of the latest (published in 2007) additions to the “for Dummies” series that we all know and love. It was written to be an instructional manual for those of us who have aspirations to use the Internet to make money, but do not have the technical background to implement that plan without a little help. In short, the book is about just what it says in the title, how to start an online business. It mainly provides specific technical help and options. It includes numerous website URLs that are relevant to the current topic being addressed so that you can actually find the companies and websites that the author suggests.

This book is broken out into groups of specific topics. These specific sections include nifty numbered lists and bulleted lists. In addition, the book provides icons to let you know when you need to pay special attention. For example, a “warning” icon points out possible pitfalls that can become major problems. This book has a lot of competition out there. The other books in this genre are mostly books that are also trying to teach the novice how to start their own online business and get rich quick doing it.

Greg Holden, the author of this book, has written more than thirty computer books. In addition to his books, he is also a contributor for Computer Currents and PC World. Mr. Holden has his MA in English. I guess he learned his computer skills on his own.

The strongest aspect of this book is the depth and practicality of the information given. This book is so practical it even provides some step by step instructions on how to sign up with different software packages. It also give a clear and honest professional opinion about each company, service, product, everything. Mr. Holden writes with a sense of humor and honesty throughout the book that makes what could be construed as a boring topic by some people very entertaining to read.

The book is lacking in some aspects. While the book does a great job of giving you the specific information you need to start an online business, it leaves out much of the underlying “foundation” of knowledge required to run a successful business. The ever-changing nature of technology assures that this book will be obsolete very soon

I would definitely recommend this book to anyone interested in starting their own small business online that really is a beginner or “dummy”. Anyone who already has a fairly good knowledge of the internet and websites would find this book be very simplistic and not helpful. Overall, I think the book does a good job at what it is trying to do; help out us computer dummies.

Thursday, October 23, 2008

The Complete Guide to E-Mail Marketing by Bruce C. Brown

The Complete Guide to E-Mail Marketing by Bruce C. Brown is a practical “how to” book for small business professionals seeking to use e-mail marketing to reach their audience and boost their sales.

This book begins with a general history of the development of the internet and e-mail marketing. Brown then focuses on e-mail marketing and provides ideas for using it in combination with other marketing strategies such as direct mail and web advertising.

When properly executed, e-mail marketing is not spam. A summary of the Can Spam Act arms readers with confidence in implementing spam-compliant marketing campaigns. An important part of spam-compliance is ethical list-building that uses single or double opt-in as well as a clear offer to opt-out.

Brown provides tips for creating and growing your e-mail list. Proper targeting and segmenting of your list will help prevent people from unsubscribing. When customers opt-in to an e-mail list, give them what they expect if you want to keep them from unsubscribing.

Once your target market is identified, you must craft an effective e-mail. Brown provides tips on how to write an e-mail that will not be overlooked by subscribers and will boost click-through rates and result in increased sales. Special attention is paid to the subject line, as well as when e-mails should be sent, how often, and at what time of day.

Search engine optimization (SEO) is an important aspect to a successful e-mail campaign. Readers learn how to use their e-mail campaigns to boost SEO.

Extensive case studies and tips and advice from e-marketing industry experts provide readers with practical applications. The topics addressed in the case studies are varied enough that readers are sure to find at least one example that is directly applicable to a problem they face in their company.

Brown does an excellent job of summarizing information and providing the right balance of general and technical information. He gives readers enough information to understand what they do not know and he points them in the right direction to learn more. Readers should be aware that this book focuses heavily on small businesses with a B2C rather than B2B strategy. It also does not emphasize how to assess the effectiveness of an e-mail marketing campaign through use of web analytics.

Brown is a U.S. Coast Guard officer, small business owner, e-marketing consultant, web designer, and author of 7 books on various e-commerce topics. You can learn more about his books at his blog: http://ggwdblog.blogspot.com/.

If you are a novice in the field of e-mail marketing and you are looking for a reference book that will give you a step-by-step guide for implementing an e-mail campaign, then this is a book for you.

Wednesday, October 22, 2008

Robin Williams Web Design Workshop


By Robin Williams, John Tollett, and David Rohr

How can one know if a web site is good or bad? Are sales results the only measure? Good design and function can help build traffic to a site. Without having to read a multitude of manuals, Robin Williams Web Design Workshop simplifies what a functional and effective web site should be. This is a must read for anyone in e-commerce. And for the price of the book, you can visit the associated websites for an uplifting and educational ride into the worldwide web.

Web Design Workshop is a guide for advanced design and web principles that appeal to those with or without advanced training. While this book will not enable you to create a web site from start to finish, it will give you an “eye” for what works, looks good, or is functional on the web.

The authors cover the following:
A prelude into web basics – glossary of terms, using clip art and images, basics of photo editing, creating a horizontal design space, working with internet browser limits, and using layers to simplify your work.

Creating the plan – organization of a web site should start with a plan, targeting your web customer, tying in with the corporate brand, technical influences, browser influences, building for both computer platforms, relational mapping, tips for testing a site, and searching on the site.

Advanced techniques – breaking away from HTML, comparative essay on backgrounds, advice on navigation and buttons, and site indexes.

Movement on web pages – dynamic pages, the good and bad of frames, flash and rich media, and functional forms.

The authors show examples the good and bad of design technique. The reader is able to follow advice given through pictures.

Robin Williams makes available to readers a last chapter to the book online at The Virtual Last Chapter of the Web Design Workshop. The web site is an extension to the book offering examples displayed in an online environment. She provides basic web design education in “For Your Clients” where she lists 10 points for a non-web client about web development. And although the book was published in 2002, in her “Resource Links” the reader is brought up to date to the latest in web design and corporate links for resources.

Dreamweaver CS3: The Missing Manual


Dreamweaver CS3: The Missing Manual is the most fantastical tale ever written. It is as if the digital hand of God reached down and personally penned this enticing memoir, giving us a deeper look into his feelings and intellect regarding Web site development and the popular Web development software known as Dreamweaver CS3. From page 1 I felt emotionally attached, and found myself wishing there was more as I breathlessly turned the last of the book's 995 pages. The characters were engaging and the main heroine (the Westie on the cover) was someone I could relate to on an intimate level.

In actuality Dreamweaver CS3: The Missing Manual, or CS3MM, which us people in the know call it, is more or less a reference guide, which could very successfully serve as an extremely knowledgeable "right hand man" for the entire gamut of Web Developers whom are using the Dreamweaver software.

David Sawyer McFarland, whom authored the book, has gone all the way with Dreamweaver several times and has enough E-credentials to explode my 500 word limit several times over, provides enough intimate detail to let us as the reader become immediately familiar with the software without becoming overwhelmed. McFarland effectively presents the material in a manner that can be digested by any newbie, just dabbling his tiny feet into the baby pool of Web development, to any professional, looking to make a splash in the giant waters of the World Wide Web. CS3MM simply put, can take the user and connect him to the Adobe software in a way that will let him/her bring their brilliant Web site ideas to life.

The true beauty McFarland's book and of CS3MM is its context. CS3MM is structured very intelligently and in a manner that strategically takes the user through the 7C's of a successful website beginning with content and ending with customization. Each chapter is broken down into manageable sections, which help the user master the software in a way that logically builds upon the 7C's until the final product can be as dynamic and self sustaining as the user so wishes. CS3MM does not stop there, as it also goes beyond Web site development and provides guidance in the realm of Web site management, providing instruction on how to use Dreamweaver to create and use templates, snippets, libraries, and even Dynamic content, necessary for companies requiring large catalogues or hundreds of Web pages.

Before running out and looting your local Barnes & Noble for a copy of CS3MM during the next plunge in the DOW, it is important to remember that a solid foundation and understanding of the 7C's will help tremendously. Although CS3MM provides the medium to navigate the tools provided by Dreamweaver and utilize the 7C's, in no way does the book provide you with the vision and understanding of how to successfully implement those tools.

Tuesday, October 14, 2008

Purpose of this blog

The "MBA Students Favorite e-commerce Books" will present a collection of reviews of books that were selected by each student as part of a course requirement for Marketing 670, e-commerce, in the College of Business at the University of Colorado at Colorado Springs.

For this assignment, each student selected a book of her or his own choosing with the following restrictions:
1) the book must fit the course objectives (i.e., be directly related to some aspect of e-commerce)
2) the book must have a 2006 or later copyright (there are some e-commerce classics, but the field changes so quickly, that students need to be reading current material)
3) no two students can read the same book. So it's first-come, first served, or you snooze, you lose.

In addition to reading the book, students must prepare a 2-3 page written review, and an 8 minute in class presentation. The blog postings are a condensation of the information the students put in their written reviews and presentations.

The blog will have, at mimimum, a set of reviews of 25 books related to e-commerce, a set that reflects what interests a group of MBA students in Colorado.

If you have come to the site and are not part of the class, feel free to make comments to the postings. I hope you find it helpful.