Home Wealth Project
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Mar 11th
Bank of America recently experienced a home seizure FAIL. The bank ransacked a woman’s home, padlocked her doors shut, and seized her parrot–by accident. The bank accidentally foreclosed on her home, even though her mortgage payments were up to date. She is rightfully suing them. ABCNews has the story:
Angela Iannelli returned home one day in October to find her house ransacked, doors padlocked and pet parrot Luke gone. But it wasn’t a burglar. It was Bank of America. The bank had repossessed her home even though the mortgage was up to date.
Iannelli, 46, is suing the bank, noting in court papers the serious destruction done to her house, including “cutting various water lines and electric wiring, damaging plaintiff’s furnishings and carpets.” Iannelli, who eventually recovered Luke, said it took her six weeks to get the bank to clean up the house she has owned for 20 years. Bank of America apologized, saying: “We will move quickly to review the allegations … and consider any hardship that resulted.”
As the number of foreclosures increases across the country, experts say, so do mistakes, such as mixing up names and addresses as they are passed from department to department.
“Bankster” is pretty cliched by now, but this story fits the term like a glove.
View full post on Business Pundit
Mar 11th
How To Use Surprise To Generate Word Of Mouth
This content from: Duct Tape Marketing
This post is a special Make a Referral Week guest post featuring education on the subject of referrals and word of mouth marketing and making 1000 referrals to 1000 small businesses – check it out at Make a Referral Week 2010
Your customers live their life in a routine. I mean, we all do. We wake up at the same time; start our day off completing the same rituals; and then take the same route to work, switching on autopilot as soon as we get there. We’re creatures of habit. Our job as marketers is to both use and break these habits, replacing bad ones (not being our customer) with good ones (being our customer). But to do that, we first have to get their attention. We have to find a way to wake our customers from their zombie slumber and make them see us. We have to disrupt their routine.
And that’s where surprise marketing comes in.
Surprise breeds word of mouth by attacking the “been there, done that” mentality of customers and shattering it with something designed to cause a reaction. Because, the only thing to give the person who has everything is something they’ve never seen or thought of before.
How Surprise Breeds Worth Of Mouth
It’s said a lot that if you want people to talk about your business that you need to give them something to talk about. Well, that’s pretty much what surprise marketing does. It breaks up your customer’s every day and it gives them something new – tangible or not – to remember and hold on to. It ties you to an experience. As a small business owner, surprise marketing is perfectly suited for your business because it requires that you really know the people that you’re targeting. No one knows their audience as well as someone who lives in it every day. And once you know what they’re expecting, it’s your job to give them what they’re not.
Oprah utilized surprise marketing when she gave away 276 Pontiac G6s and offered Pontiac “immediate recognition as the feel-good automaker”. But in the real world (as opposed to Oprah-vision), surprise marketing doesn’t have to mean big dollars. It means creativity.
Surprise marketing works by giving someone something they needed at a time they weren’t expecting it. It’s chilled milk and cookies after a long day at Disney. It’s a person hiding in the Coke machine to hand deliver you and your friends a soda. It’s the bottle of water you’re handed by the hotel when you come back from a run.
It’s about creating experiences that people are going to want to share with their friends.
How To Surprise Your Customers
You surprise customers when you create something that is both personal and valuable to them. Decide what feeling you’re trying to inspire (awe, joy, excitement, disbelief, horror, etc) and then get creative about how you can deliver that. And when you’re doing it, think small. Don’t go for the elaborate plan. Go as small as you can with it, because it’s the little things done better than someone would ever expect that create the biggest buzz. That’s how you get people talking about you and inspire someone to make that referral – you tie an emotional response to what you’re doing.
How can a small business owner incorporate surprise marketing to inspire referrals from customers?
Show Up Where They Don’t Expert: When you drove to work today, there were certain things you expected to encounter– traffic, the usual landmarks, your same parking spot. You weren’t expecting to see, say, a 27-foot-long hot dog parked outside your building. And if you did, it would take a pack of wild dogs to stop you from talking about it. . And that’s exactly why Oscar Mayer created the Wienermobile and why they park it in random cities across the country. Because while you may have heard about it, you’d never expect it to show up in your hometown. And when it does, you talk about it.
Go Further Than You Have To: Go that extra step to create a WOW moment. Zappos does this by offering surprise overnight shipping so that customers unexpectedly receive their order just hours after they placed it. It creates an experience of “awe” when exactly what they wanted shows up when they weren’t expected it. Virgin America created its own WOW moment, rescuing 15 Chihuahuas from California. They did more than was required or expected and people talked.
Give Them Something Different: Lots of businesses offer free gifts along with a purchase. It’s the coupon slipped into the bag at the register, the free makeup brush someone gets with their purchase, a trial of a new scent, etc. What about giving them something they wouldn’t expect you to? Like chocolate-covered grasshoppers, perhaps. You don’t have to get pricey to surprise someone, you just have to deliver something they weren’t expecting.
Listen When They Think You’re Not: A young woman was sitting in a P.F. Chang twittering about how much she loves P.F.Chang’s chicken lettuce wraps – a pretty normal occurrence in today’s social media-heavy world, right? What she didn’t know was that an employee in the P.F. Chang’s Corporate Office saw the tweet, figured out what restaurant the customer was at and tracked her down to her specific table with the help of onsite staff. P.F. Chang’s then purchased the woman’s dinner for her and bought her dessert to say “thanks for visiting”. The Twitterer was shocked that the restaurant was listening so closely to customers and the story is now legend. Pretty cool, and not that difficult to pull off.
Make The Little Things, Big Things: Disneyworld left milk and cookies in Scott Stratten’s hotel room when he was there with his son so they could have a snack to enjoy together. The Westin Long Beach hands out water bottles to guests who walk into the hotel after a run. By getting those tiny, personal gestures correct you set up those moments that your customers will take home and want to brag about later. You create an experience and a memory by making the little things big things in your organization.
Obviously there are many other ways to surprise and capture the attention of your audience, but those will help get you started. Perhaps it’s the child in me, but I love using surprise marketing as a way to spread word of mouth and bring in referrals. It challenges you to look inward to change the course of someone’s day in a way that they’ll remember and positively associate with your brand. Not every profession is in the habit of creating memories. It’s the power of the unexpected and it doesn’t get much better than that.
Lisa Barone is Co-Founder and Chief Branding Officer at Outspoken Media, Inc., an Internet marketing company that specializes in providing clients with online reputation management, social media services and other Internet services. When she’s not blogging daily over at the Outspoken Media blog, you can find her guestposting on popular blogs like Search Engine Land, BlogWorldExpo, Sugarrae and a host of others.
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View full post on Small Business Marketing Blog from Duct Tape Marketing
Mar 11th
No matter who you are or what part of the world you live in, Givers Gain® is the number-one rule to remember when networking. You should always be thinking, “How can I help this person?” After all, networking is about building relationships and helping others is the absolute best way to begin the relationship building process. Put simply, helping equals opportunity. 
At a social event, you usually ask somebody, “How’s it going?” What’s the typical reply? Probably something like, “Great; things couldn’t be better.” That’s a canned response that people give because they want to be polite and because they know nobody really wants to hear their troubles. But it’s not usually the whole truth.
Things can always be better–that is, there are surely ways you can help–but most people aren’t inclined to go into detail or let others know what’s going on, especially at social events. The best way to find out is to avoid generalities like, “How are things?” Ask more specific questions.
For example, if somebody tells you that things are going great, their company is expanding, and business is better than they expected, ask a specific question like, “Are you hitting all of your goals?” Even if they say yes, this is still a big opportunity to help. Think about it: a company that is expanding faster than the owner had projected. What kind of help might it need? You may be able to make some introductions that this individual would be very grateful for, but you can only figure out what introductions to make after getting past the generalities and finding out a person’s specific needs.
Many consider networking just another way to get clients, but when you think in terms of building relationships, a chance to help is a big opportunity. That help can be provided in many forms, each as valuable as the next.
Mar 11th
As part of their mission to bring value to small business owners, Yelp is introducing the Yelp for Your Business webinar series that will offer advice on how SMBs can market their businesses using the site. It’s a smart move for both Yelp and its users. And even better, the first one kicks off this evening!
Appropriately, the first Yelp webinar will help small business owners learn how they can use the free tools on Yelp to promote their business, which I think is an area where many SMB owners could use a refresher. Back in August, I wrote a post about how to get the most out of Yelp, which touched on some of the lesser known features that Yelp offers specifically for small business owners through Yelp for Business. They included things like the Yelp dashboard, real analytics and how to get more from your Yelp profile. Today’s webinar should go into some more detail on those and hopefully touch on some of the new additions.
As a small business owner, it’s really important that you take the time to sniff out Yelp and learn about all the ways it can help your business. From allowing you to fight back against inaccurate reviews, manage positive ones, and now even track consumer patterns, they’re providing a whole lot of data and opportunity that SMB owners will want to be aware of. These webinars should give SMB owners a lot of insight both on what’s available to them and how to be leverage it. There’s nothing better than hearing “how tos” directly from the source to give you a competitive edge.
These webinars are also much needed for Yelp. Yelp’s been a beloved part of the local search community for some time, but new rumors about impropriety and extortion at the site are once again spreading. By opening up the window a little bit, they’ll give everyone a closer look at how the site works and increase the transparency inside Yelp. [Though, I personally find Yelp to be one of the more approach companies on the Web.]
As mentioned, the first webinar takes place will take place today at 6pm ET (3pm PT) and will be focused on all the free tools available through the site. If you’re a small business owner curious about why you should leverage Yelp, or if just want some tips on how to get started online, I’d encourage you to check out the new webinar series. To get more info on today’s webinar or to register, head to the webinar site.
Yelp Launches Free Webinars For SMB Owners
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View full post on Small Business Trends
Mar 11th
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A free business guide on how to come up with a business idea, from Smarta, the small business advice and support network. |
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View full post on Home Wealth Project Riot!
Mar 11th
| The rise of social media such as blogs and social networks has provided a powerful new set of tools that our analysts use for continuing and extending… |
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View full post on Home Wealth Project Riot!
Mar 11th
Several decades, maybe even centuries ago, people had personal connections with the proprietors of the businesses they frequently. They were loyal to those businesses because they knew those people and their stories personally. They would not get a haircut, or buy groceries, from anywhere or anyone else, no matter how cheap the alternative was.
Then mass production, the assembly line, the Industrial Revolution hit.
We became more efficient in our work. We found we could multiply our impact and make more money and have a better standard of living. We made huge technological and innovative advances that made the price of goods and services more affordable and more available.
But the result was …. we became less human to the people who bought from us.
In seeking to become better and to do more, we lost our face-to-face touch.
But in the last couple of months, I’ve been seeing a trend in business … that all kinds of businesses, especially the BIG ones, are seeking to become human again.
To be personalable and put a face on their company again.
Yes, the brands still exist and are powerful, but they also want you to know Sally who works in that big, faceless brand.
We started iThemesTV for this very reason. We wanted our customer community to meet the team behind the products they support with their money. (I repeat often this question: “When was the last time you bought a product and got to meet the people who created it?)
But we’re seeing some innovative uses of social media, in particular, Twitter, at companies, elsewhere.
I instantly think of @ComcastCares … a big huge, faceless company that uses Twitter to be human and respond in a unique, personal way to their customers. (See also: @HostGator and @HomeDepot)
Most of these companies have several people working to engage disgruntled customers, or make suggestions. Since they have several people running it, they initial their tweets. I love that touch. It endears me to them.
We’re doing the same @ithemes.
Here’s some of my thoughts on how we’re seeking to be human with our community and prospective community members ….
As with everything, this is a work in progress. We’re not there, but we’re seeking to be more human in every thing we can.
How are you being human in your business?
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Mar 11th
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View full post on Home Wealth Project Riot!