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.
Feb 8th
Turn Your Business Into a Community Building Platform
This content from: Duct Tape Marketing
I believe the future of business and commitment building resides in the idea of viewing your business as a platform for your community.
The notion of a platform is one that receives a fair amount of play in various contexts.
An author is said to possess a platform when they have built a following. Consultants might work with a business owner to build a platform through speaking, writing, blogging and connecting in social media. And finally, many tech firms have built platforms by creating open source software, such as WordPress, that allows other 3rd party providers to build commerce and community on top of their framework.
Amazon sells lots of books, but in order to do that they needed to develop lots of file serving and storage capacity and get very, very good at delivering lightning quick web results in one of the highest traffic demand environments online.
Amazon took something that had little to do with their existing business, but which they had become incredibly proficient at, and created Amazon Web Services that allows thousands of business to build on the Amazon framework. I host and stream all of my product videos using Amazon S3 servers.
Airbnb is a community marketplace that allows property owners and travelers to connect with each other for the purpose of renting unique vacation spaces around the world. I use it frequently and love how simple the service is to use. Airbnb is built on Amazon Web Services and uses their database tools to build their community.
I would like to suggest that the notion of a platform is one that we can apply to almost any business.
What is a platform in this context?
A platform is a system that helps people create products, services, profits, businesses, communities, and networks of their own. The dynamics that must be present to create a platform environment are openness and collaboration.
So, the questions you need to ponder are:
When you start to think about your business in this manner you can move beyond the traditional applications of the term platform and blend platform type thinking into your business model, your culture and ultimately how you engage and communicate with your community.
Find your unique framework for openness
The key is to locate your unique framework as the foundation for the platform. Often times this requires thinking far outside of what your core business was designed to do and looking purely at things you can do, things you’ve gotten good at doing, even if they are simply things you do to support your core business.
AppleTree Answers is a call center business headquartered in Wilmington Delaware. The company has built a platform of sorts by figuring out how to change the paradigm of the call center culture. The company has received numerous awards for workplace excellence and is a frequent member of the Inc 500 and 5000.
AppleTree’s rapid growth then has come about by acquiring other small call centers and installing Appletree’s unique framework of openness. Appletree’s strong culture is the platform they’ve built all of their expansion on.
It’s all about building more value
A major dynamic of the platform component is value creation. No matter what your business does it will sink or swim based on the value (perceived or otherwise) it creates in someone’s life. This is extremely so when we talk about the community aspect of a platform.
Further, if you want to differentiate your business from others that are already providing value to a market, you’ve got to find a way to create more value as a competitive edge.
Many people default to adding features to products and services as a way to address value, but I think the real impact in value creation comes from strategically finding ways to add value in the way your business delivers a unique experience to its customer rather than through some sort of product enhancement.
The beauty of understanding value creation at the strategic level and then forcing that thinking into every tactical decision is that this is some of the most profitable work you can do. When a market comes to value what you have to offer as the “go to” choice you’re on your way to a premium pricing opportunity. People will pay dearly for an experience that helps them get more of what they want out of life.
View full post on Small Business Marketing Blog from Duct Tape Marketing
Oct 12th
As a small business owner, you love your blog. Your blog is where your community goes to hear your insight, it’s where they learn more about you, and it’s where they put a human face on your logo.
Or, it would be all of those things if anyone was actually reading your blog. Unfortunately, they’re not. And this is a problem.
Growing a small business blog can often be more difficult than we’d like. But you can conquer it and growing a thriving, engaged community to complement your business. Below are ten tactics to help generate more discussion and eye-balls on your blog. I suggest picking several and doing them in combination.

1. Let people know how to engage: It sounds silly, but not everyone knows how to leave a comment on a blog, or how to subscribe or what actions they’re supposed to take to become part of your community. It is your job to tell them. Have a tutorial for how to leave a comment. Let them know how they can respond directly to other users. Have a comment policy on your site. All of these things give readers the information they need to engage responsibly. No one wants to look dumb.
2. Promote your members: The folks who are active in your community aren’t just active there. They have blogs and Web sites and businesses of their very own – so promote them. Tell people about their cool business. Offer a LinkedIn recommendation. Pass their name to someone you think should know about them. By lifting up the people in your community, you show them how valued they are and that you see them.
3. Seed your blog conversation: In a perfect world people will differing opinions would come to your blog and have intelligent discussions on topics that are relevant to your industry. However, this isn’t a perfect world. This is the Internet. To help combat this, consider seeding your blog conversations to help them get started. Call in your blogging buddies and have them take different viewpoints in the comments section of your blog and have them debate your post passionately in the comments. Sure, maybe it will start out a little manipulated, but the real people will see the action and join in. Sometimes we all need someone to start the conversation for us and show it’s okay to hop in.
4. Go out and find new readers: Go to other blogs and discussion forums where people are talking about your industry, scout out the most active/respected commenters, and introduce yourself. Do not spam or market to them but say hello, let them know you’ve noticed their contributions, and thank them for making you a smarter individual. That is it. Without you ever asking them to, these people will do their homework to check you out and will stumble onto your blog. If they like what they’re seeing, they may join in.
5. Recruit new readers: Same as the above, but now offer an incentive for them to go check out your blog. Do not offer them money or a new television (this will change their motivation), but maybe invite them to be a beta tester for your new product or to act as a site moderator. Give them some non-monetary perks for getting involved.
6. Offer rewards for participation: You may have noticed that some blogs give users “points” for leaving comments or participating in the conversation. The goal of this is to provide an incentive for someone to get involved. If you’re going to do this, try not to reward people simply for quantity or you’ll wind up with people contributing nothing but low-quality content.
7. Create posts designed for community action: Sure, in blogging for your customers, you’ll want to create great resources on how to use your products and how to solve that common problem they’re facing, but also create content specifically geared toward getting interaction.
These types of content pieces are written for your community and give them a reason to get involved.
8. Get people offline: I know it sounds weird, but one of the best ways to strengthen your online community is to encourage people to take it offline. Hold a meet up, have an in-store party, tweet you’ll be at X restaurant at 9pm and ask people to come join you. Get people away from their computers and talking in real life and they’ll from far stronger connections.
9. Eliminate bullying: As your community grows, you may find that some of your more established members don’t always react so kindly to new people. They may respond aggressively, question their knowledge or not allow them to enter insider discussions. It’s your job, as the blog owner, to nip this in the bud. Fostering an environment that has too much “insider baseball” and doesn’t do an adequate job making new people feel welcome will stifle your community’s growth. Don’t be afraid to reprimand members when necessary.
10. Have swag: What? People love *stuff* and they love showing off their stuff. Give people stickers and T-shirts with your blog URL when they make an in-store purchase or send out stickers to your most active on-site community members. Get swaggy with it.
Those are just ten ways you can work toward growing your blog’s community today. What other tactics have you used?
10 Ways To Grow Your Blog’s Community
View full post on Small Business News, Tips, Advice – Small Business Trends
Oct 6th
Our CB Affiliates (and our actual members) are seeing great gains from being a Viral Review Bot Affiliate. Our tests show a conversion of 1 in 4. For more information visit our affiliate page… http://www.internetmoneyreport.com/affiliates
Viral Review Bot – Creating a Real Community of Viral Money Makers
Aug 24th
Sure, you’re active in social media, but as a responsible small business owner you know that it’s your site and your own community where you should be building your home base. This is where you direct people you meet in other outlets and it’s where you’re trying to form the real conversations and conversions, because this is the only site that you control. But how do you know that it’s working? What metrics should you measure to be confident that you’re growing a healthy community, while also pinpointing areas for improvement?
To help you get started, below are five areas I’d recommend keeping an eye on to help you benchmark and improve your on-site community.

1. Increase in Subscribers
I state this first because it’s the obvious benchmark that many of us will immediately look at. And while the actual number of people reading your blog or joining your community at any given moment doesn’t particularly account for much, what is important is the growth. It’s important that you’re able to chart the positive growth of your following over time as you put out content and engage more with your community. As long as this number is growing and doesn’t appear stagnant (or worse, dropping), it’s a good sign that people are invested in what you’re doing and that you’re on the right track.
2. Increase in Conversations
A healthy community will see an increase in not only the number of subscribers over time, but also the community’s conversational level. More specifically:
These numbers will give you a good understanding of the health of your community because they show engagement, rather than just warm bodies. You’ll start to see what percentage of your community is really tuned into what you’re doing, what they’re interested in talking about, and what people you can count on to help you start and field conversations.
3. Share of Buzz
Another metric to keep an eye on is your share of buzz in your niche and how that number is (or is not) growing over time. Basically, is your authority and perceived expertise growing as a result of what you’re building on site?
For example, how many people are talking about your community – either about the services that you offer or the content you’re putting out? How visible are you in your space and how does your visibility measure up against that of your competitors? Who is ’s talking about you? How often is your content being shared? In a world where share of buzz often means social authority, this is a pretty big health indicator for your community and something you’ll want to watch.
4. Sentiment
More important than simply knowing you’re being talked about is knowing the sentiment behind that conversation and how it’s evolving over time. What’s the ratio of positive/neutral/negative mentions? How many times are people recommending your product or service to others? Do people come to your defense when others say things that don’t put your company in the best light? Are you growing an army of evangelists or are people lukewarm about your brand? These are all things to monitor to help you understand how your community is evolving and whether what you’re doing on-site is helping you off-site.
5. Increase in Conversions
All of the above will help you determine the health of your community, but increase in conversions is what really tells you whether or not you’re adding dollars to your bank account. Look at referrals generated as a result of your blogging, the number of customers who are also community members, and customer loyalty from community conversions – how many times do they buy/refer? While conversations and engagement are nice, they don’t mean much unless they’re eventually turning into more money for your business.
Those are five metrics I recommend small business owners take a look at to understand the health of their community. What have I missed?
5 Metrics to Measure the Health of Your Community
View full post on Small Business News, Tips, Advice – Small Business Trends
Aug 8th
This content from: Duct Tape Marketing
The idea of community in business has taken top billing in recent years due in large part to the obvious growth of social networks and the community aspect they foster.
Jeff Kubina via Flickr
Organizations fortunate enough to have forward thinking CEOs and marketing departments have even added the role of Community Manager to the org chart.
It’s time for every business, regardless of size, to take note and add this function to their organization. Not because it’s the hot trendy thing to do – because it will change the way your think about growing your business.
If you think about the role of community manager in the fullest sense, you’ll come to understand the potential that a focus on the community aspects of your business contains.
Some limit their thinking on the idea of community manager to mean the person that responds to complaints on Twitter. What I want to propose is a much more comprehensive way of viewing this vital role. This function doesn’t even start with thinking about social media, it’s about elevating the role your community or potential community can play in your business as a whole.
What if you thought of your community as anyone that came into contact with your business – meaning, prospects, customers, journalists, suppliers, advisors, partners and even competitors?
And what if you developed a place in your organization for a person that played the role of community host. That person’s job was to see to all the little things that made you community members feel appreciated, informed, special and looked after.
Sure, marketing would still craft the messages and touches to make this happen, sales would still create and nurture customer relationships, advertising would still generate leads and customer service would still provide key follow-up and troubleshooting.
But, running through it all would be the person that saw to it that the community as a whole was happy, healthy and growing. That’s the part many of us are missing and that’s the part that can transform a business from satisfactory to remarkable.
The Community Manager is the one person in the organization focused on moving people logically through the steps of know, like, trust, try, buy, repeat and refer, while also ensuring that all the members of your business ecosystem coevolve their capabilities and roles and align themselves with the direction of your organization.
The Community Manager would in effect by an advocate for the members of your community and act to hold every department in the organization accountable for creating a better community experience.
The thing is, there’s nothing trendy or touchy feely about this role, it’s one of the most highly practical things any business can do right now and it’s perhaps the only way to effectively merge the online and offline worlds in your business.
A Community Manager in today’s world of business would:
You could add many more items to this list, but hopefully your starting to see how this might make a difference. You could also argue that most of the items on this example list can and, perhaps, should be handled already by sales or marketing or customer service.
But the point is, they’re not being done by anyone or if they are, they are being done in silos and without collaboration. One of the fundamental differences a community manager would provide is an entirely different view of the total organization. A view that crosses all departments and questions every contact and touchpoint as a conscientious host might do.
But mostly, this function acknowledges the fact that in today’s world a thriving community is your greatest asset – it’s time to make its care a central focus of your business.
View full post on Small Business Marketing Blog from Duct Tape Marketing
Jun 28th
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May 27th
Like the communities we create around our brands, small business owners make up a community too. Sharing news and information to improve our businesses is a vital part of that community spirit. We hope this latest small business news roundup helps our small business community thrive and we hope you share it with yours as well. We all benefit from the information we share. Please pass it on.
Tips for building an online community. It can be a critical part of boosting your brand, product or service online today, but done wrong it can be ignored at best or actually do harm to your online reputation at worst. Here are 10 tips you should consider while building a small business community online. BizSugar
The boss your business needs. A recent guest post also from our sister site BizSugar.com looks at another important discussion out there in the small business community, namely how to run your small business. Hope you enjoy and will share the post and thanks for the opportunity to share these thoughts with a broader audience. BNET
Six accounting solutions. Nicole Fende, “The Numbers Whisperer” takes you on a video tour of the top accounting softwares for small business, and no, Quickbooks is not your only choice. Watch a demonstration of capabilities and have a look at the positive and negative of each along with an evaluation of the kinds of businesses each is best for and a price breakdown. Matt About Business
What business structure is right for you? There are Limited Liability Companies, S-Corporations and C-corporations, all with their own positives and negatives. But which one is right for your business? In this guest post by Nellie Akalp, we get a picture of the different formats and consider the choices, especially from the perspective of a solo or mompreneur. The Work at Home Mom
Adding audio to your text-only marketing. Actually, Morgan Barnhart, in this guest post, is talking specifically about turning ebooks into audiobooks, but the principle can be applied broadly to many of your print marketing materials. Imagine increasing the accessibility of your message by adding a brand new dimension: sound! FamousBloggers
8 tips for the e-mail newsletter. Alan O’Rourke gives us a look at the best way to create newsletters these days: e-mail. The process is simple and inexpensive, but there are still some important tips to keep in mind. Here are eight of the big ones. Bloggertone
Don’t let these seven mistakes kill your startup. Believe it or not, they are more common then you’d think. The key takeaway? Being bummed out by the economy is NOT a promising beginning. It’s important to focus on what you want to do (you’ll be stuck with this business for a while.) Then figure out how to reach customers and create a plan. Yahoo! Small Business
10 steps to building a business. These are not the steps you necessarily take to create a successful business, but the steps taken to create your business, period. The list comes from David Ronick, co-founder of Upstart Bootcamp and is fairly self-explanatory, but important. Enjoy. Inc.com
How is your business using QR? If your small business’s idea of cell phone innovation is sending out a text to a preferred customers list, listen up. There’s a whole new game out there and it’s called “Quick Response.” If you’re not already using it, you may want to consider it fast, before rapid moving mobile marketing leaves you behind. WSJ
What policy changes do most small businesses need? Scott Shane insists one is a loosening up in regulations, but also says some of the policy being pushed for in Washington these days will mean little to many small businesses owners. If small business is the key to economic recovery, it’s time public policy start addressing these needs. Bloomberg BusinessWeek
View full post on Small Business News, Tips, Advice – Small Business Trends
May 27th
Like the communities we create around our brands, small business owners make up a community too. Sharing news and information to improve our businesses is a vital part of that community spirit. We hope this latest small business news roundup helps our small business community thrive and we hope you share it with yours as well. We all benefit from the information we share. Please pass it on.
Tips for building an online community. It can be a critical part of boosting your brand, product or service online today, but done wrong it can be ignored at best or actually do harm to your online reputation at worst. Here are 10 tips you should consider while building a small business community online. BizSugar
The boss your business needs. A recent guest post also from our sister site BizSugar.com looks at another important discussion out there in the small business community, namely how to run your small business. Hope you enjoy and will share the post and thanks for the opportunity to share these thoughts with a broader audience. BNET
Six accounting solutions. Nicole Fende, “The Numbers Whisperer” takes you on a video tour of the top accounting softwares for small business, and no, Quickbooks is not your only choice. Watch a demonstration of capabilities and have a look at the positive and negative of each along with an evaluation of the kinds of businesses each is best for and a price breakdown. Matt About Business
What business structure is right for you? There are Limited Liability Companies, S-Corporations and C-corporations, all with their own positives and negatives. But which one is right for your business? In this guest post by Nellie Akalp, we get a picture of the different formats and consider the choices, especially from the perspective of a solo or mompreneur. The Work at Home Mom
Adding audio to your text-only marketing. Actually, Morgan Barnhart, in this guest post, is talking specifically about turning ebooks into audiobooks, but the principle can be applied broadly to many of your print marketing materials. Imagine increasing the accessibility of your message by adding a brand new dimension: sound! FamousBloggers
8 tips for the e-mail newsletter. Alan O’Rourke gives us a look at the best way to create newsletters these days: e-mail. The process is simple and inexpensive, but there are still some important tips to keep in mind. Here are eight of the big ones. Bloggertone
Don’t let these seven mistakes kill your startup. Believe it or not, they are more common then you’d think. The key takeaway? Being bummed out by the economy is NOT a promising beginning. It’s important to focus on what you want to do (you’ll be stuck with this business for a while.) Then figure out how to reach customers and create a plan. Yahoo! Small Business
10 steps to building a business. These are not the steps you necessarily take to create a successful business, but the steps taken to create your business, period. The list comes from David Ronick, co-founder of Upstart Bootcamp and is fairly self-explanatory, but important. Enjoy. Inc.com
How is your business using QR? If your small business’s idea of cell phone innovation is sending out a text to a preferred customers list, listen up. There’s a whole new game out there and it’s called “Quick Response.” If you’re not already using it, you may want to consider it fast, before rapid moving mobile marketing leaves you behind. WSJ
What policy changes do most small businesses need? Scott Shane insists one is a loosening up in regulations, but also says some of the policy being pushed for in Washington these days will mean little to many small businesses owners. If small business is the key to economic recovery, it’s time public policy start addressing these needs. Bloomberg BusinessWeek
View full post on Small Business News, Tips, Advice – Small Business Trends
May 27th
Like the communities we create around our brands, small business owners make up a community too. Sharing news and information to improve our businesses is a vital part of that community spirit. We hope this latest small business news roundup helps our small business community thrive and we hope you share it with yours as well. We all benefit from the information we share. Please pass it on.
Tips for building an online community. It can be a critical part of boosting your brand, product or service online today, but done wrong it can be ignored at best or actually do harm to your online reputation at worst. Here are 10 tips you should consider while building a small business community online. BizSugar
The boss your business needs. A recent guest post also from our sister site BizSugar.com looks at another important discussion out there in the small business community, namely how to run your small business. Hope you enjoy and will share the post and thanks for the opportunity to share these thoughts with a broader audience. BNET
Six accounting solutions. Nicole Fende, “The Numbers Whisperer” takes you on a video tour of the top accounting softwares for small business, and no, Quickbooks is not your only choice. Watch a demonstration of capabilities and have a look at the positive and negative of each along with an evaluation of the kinds of businesses each is best for and a price breakdown. Matt About Business
What business structure is right for you? There are Limited Liability Companies, S-Corporations and C-corporations, all with their own positives and negatives. But which one is right for your business? In this guest post by Nellie Akalp, we get a picture of the different formats and consider the choices, especially from the perspective of a solo or mompreneur. The Work at Home Mom
Adding audio to your text-only marketing. Actually, Morgan Barnhart, in this guest post, is talking specifically about turning ebooks into audiobooks, but the principle can be applied broadly to many of your print marketing materials. Imagine increasing the accessibility of your message by adding a brand new dimension: sound! FamousBloggers
8 tips for the e-mail newsletter. Alan O’Rourke gives us a look at the best way to create newsletters these days: e-mail. The process is simple and inexpensive, but there are still some important tips to keep in mind. Here are eight of the big ones. Bloggertone
Don’t let these seven mistakes kill your startup. Believe it or not, they are more common then you’d think. The key takeaway? Being bummed out by the economy is NOT a promising beginning. It’s important to focus on what you want to do (you’ll be stuck with this business for a while.) Then figure out how to reach customers and create a plan. Yahoo! Small Business
10 steps to building a business. These are not the steps you necessarily take to create a successful business, but the steps taken to create your business, period. The list comes from David Ronick, co-founder of Upstart Bootcamp and is fairly self-explanatory, but important. Enjoy. Inc.com
How is your business using QR? If your small business’s idea of cell phone innovation is sending out a text to a preferred customers list, listen up. There’s a whole new game out there and it’s called “Quick Response.” If you’re not already using it, you may want to consider it fast, before rapid moving mobile marketing leaves you behind. WSJ
What policy changes do most small businesses need? Scott Shane insists one is a loosening up in regulations, but also says some of the policy being pushed for in Washington these days will mean little to many small businesses owners. If small business is the key to economic recovery, it’s time public policy start addressing these needs. Bloomberg BusinessWeek
View full post on Small Business News, Tips, Advice – Small Business Trends