Tag Archives: trends

Ma and Chenault: An Interview with 7 Major Points

18 Jul

Jack Ma, who started life with very little, is now one of the richest people in the world. He is the  founder and executive chairman of retail behemoth Alibaba Group, which generates hundreds of billions of dollars each year.

In an interview with Kenneth Chenault,  chairman and chief executive officer of American Express, Ma enumerated seven key points. These points are valuable to those at any point in their careers:

  1. Rejection comes with benefits. “When Ma graduated university, he applied to 30 different large companies — and no one would hire him.  So, he started a translation agency, earning $50 his first month. Years later, in 1999, he gathered 17 investors in his apartment, explaining to them his vision to use the Internet to help small-business owners sell. With $50,000, they started Alibaba.”
  2. Get your business global. “Innovative products and services bring those small and medium-size companies to China. I would say China, in the next 20 years, will become the largest importer country in the world because China’s resources can never support such huge demand.”
  3. Don’t wait to innovate. Ma said: “Repair the roof while there is still sunshine. “When the company is good, change the company. When the company is in trouble, be careful. Don’t move. Just like if the storm comes, don’t go up and repair the roof.”
  4. Learn from the failures of others. “For Ma, it’s the mistakes that business owners should really learn from. ‘A lot of people fail for the same reason. If you know why people fail and you learn [from] that, you can make a correction.'”
  5. Be passionate. “If you’re just in the business for money, you’re going about it wrong. Ma and Chenault both emphasized the need for passion in what you do, and agreed that that fervor is a hallmark of successful small-business owners.”
  6. Customers come first. Ma said: “The ones supporting you are not the shareholders. Not government. It’s the customers, the people, the employees. Focus on the customer. Focus on making employees happy. And focus on integrity to everything you’re committed. That is the only thing.”
  7. Help build strong leaders. “If a business is to continue after the owner has moved on, the younger generations must understand and embrace its vision and values. ‘Give them the chance to make mistakes. Listen to them. Respect them,’ said Ma.”

 
Click the AP Photography image to read more.
 

 

An Oracle Infographic on the Internet of Things

5 Jul

With the rapid advancement of technology around the globe — and our expanded use of connected devices — the Internet of Things (IoT) is here in full force, and major IT companies are acting accordingly in expanding their client offerings.

But for those who are unfamiliar with or unsure about the concept, what exactly is the Internet of Things? According to TechTarget:

“The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals, or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.”

 
Here is an interesting infographic on the IoT and its importance from B2B giant Oracle.

 

20 More New Apps to Check Out

28 Jun

Yesterday, we posted an infographic on Which Newer Apps Are Poised to Take Off? But, the apps cited there are by no means the only new apps to know about and consider utilizing.

Recently, The Guardian (a British publication) named other 20 new apps that are “coming to a screen near you.” Here is the list in alphabetical order):

  • Airtime “Created by Napster co-founder Sean Parker, this is a new spin on chats, using live video of you and up to five friends, while enabling you to pull in videos, music, and GIFs to share.”
  • Beme — “Launched by YouTube star Casey Neistat, this video-sharing app tries to make ‘honesty’ its virtue with an emphasis on unfiltered videos. You can’t review what you’ve shot before sharing it, but you can see people’s reactions.”
  • Flipagram — “A bit like Instagram, but with the ability to add music to photos and videos before sharing. Licensing deals mean the music is legit, and the app can share to Instagram and other social networks as well as its own community.”
  • FreshTeam — “As a messaging app for office teams, FreshTeam gets colleagues pinging messages back and forth, as well as jumping into voice calls and checking one another’s location on a map.”
  • Kimoji — “Kimoji has a stinking 2.5-out-of-5 stars rating on Apple’s app store, although it’s tempting to wonder how many people are reviewing its figurehead Kim Kardashian rather than the app. If you’ve ever wished there were more shoes, nails, and bottoms in your emoji keyboard, it’s worth a look.”
  • Miitomo — “Nintendo’s long-awaited first mobile app. It’s based on the company’s Mii avatars: you create a character and dress it up, insert it into photos, and send it off to interact with friends’ Miis.”
  • MSQRD  — “This app has made a smartphone craze out of ‘face-swapping,’  proving so popular that Facebook bought it. There are other ‘selfie animations’ to explore.”
  • Mush — “This is a location-based social app for mothers, helping them meet other parents in their area for messaging and playdates. It also offers advice on all things involving British motherhood.”
  • Musical.ly — “This is a social network for amateur music-video creators. It  is an app for making and sharing lip-sync videos with friends.”
  • Once — “Is modern dating just about swiping through dozens of  profiles looking for matches? Once is different, showing you a single match every day and giving you 24 hours to get in touch. Or not.”
  • Peach — “It’s about messaging friends, but also sending doodles, sharing music, and rating…  anything you like.”
  • QuizChat — “News site BuzzFeed’s quizzes are regularly shared on social networks, but its standalone QuizChat app aims to get you completing them with friends in pairs.”
  • Rando — “This sounds like a dreadful idea: pick a photo at random from your smartphone; then send it to a friend. You can also send GIFs or quotes. Its developer says he made it to make people think about what’s lurking in their camera rolls, and whether they’re happy to share it.”
  • Rapha RCC — “This is a social app for cyclists, tied to the Rapha Cycling Club. It costs £135 a year, with the app helping you see nearby rides with other members (and organise them yourself) as well as managing your profile and sharing bike talk.”
  • Shelfie — “Take a photo of your bookshelf and it’ll tell you which books are available as free (or at least discounted) E-books. It’s also a social reading network for chatting.”
  • Stylezz — “This is the latest in social fashion apps. You can browse the latest outfits from fashion bloggers by following their profiles, but you can also share photos of your own.”
  • Talkshow — “Subtitled ‘texting in public,’ this app aims to get people hosting virtual chatrooms about any topic they like, encouraging visitors to contribute their thoughts and images.”
  • Vidku — “It is entering a crowded market of video-sharing apps, but its selling point is control. You can share your clips publicly or in private groups, with the option to ‘unshare’ them from individual friends or whole groups whenever you want.”
  • WonderBox — “From children’s apps firm Duck Duck Moose, this is a social app designed to be used within families. That means private messaging between parents and children, and creative challenges to share.”
  • Yubl — “A UK social startup, this is another app with an emphasis on groups: friends, not co-workers in this case. It focuses on visuals created by you.”

 
Here is a video clip about Yubl.


 

Which Newer Apps Are Poised to Take Off?

23 Jun

It’s critical to identify the next big things in social media before they become the “next big things.”

Here is some excellent information on this topic from Salesforce Canada, whose blog features tips, trends, and insights from the world’s leading enterprise cloud ecosystem in sales, service, marketing, community, analytics, and apps:

“What social media platforms are you sure are going to be the big thing for 2016 and beyond? Is Snapchat where it’s at — or is Instagram still ruling the online roost?”

What if you were wrong? What if the social media apps to think about, plan for, and engage with are things you haven’t even heard of? Will you and your company be left by the side of the social media highway? You just might.”

“What’s new and cool in social media apps often come with strange-sounding names and unique connecting methods. Snapchat hasn’t lost its cache, but it’s been joined by other video-focused formats including Vimeo. There are also new ways to provide content with apps like Anchor. Instant messaging services like Yo and Viber area also poised to break out big.”

“Why do you need to know [what’s the next big thing]? Because social media are where more and more Internet users (we’re talking billions of people) are at. Use this graphic to figure out your next strategic moves in the social media world.”

 

11 Smaller Social Media Apps Poised to Break Out in 2016

Via Salesforce

 

Expert Insights on Auto Industry Disruptions

22 Jun

Automotive News regularly runs an EY Automotive & Transportation Insights page from the EY consulting firm, “featuring videos, insights, opinions, thought leadership, stories, and better questions from EY to help automotive leaders in business build a better working world.”

Below is a six-minute video seminar — featuring Julia Steyn, General Motors head of urban mobility and Dr. Chris Borroni-Bird, Qualcomm vice-president of strategic development). They focus on the factors causing disruption in the auto industry and how automakers can evolve given the trend toward mobility.
 
 

 

TV Interview on Database Marketing

21 Jun

This television interview of Hofstra University’s Professor Joel Evans (from the Zarb School of Business) recently appeared on Fios1’s Money & Main$treet program. The interview was conducted by host Giovanna Drpic. It deals with several aspects of database marketing — from a small firm perspective.
 

 

Twitter Turns to Emojis to Boost Business

16 Jun

We have noted recently (1, 2) that emojis are gaining a much bigger role in marketing — both through videos and social media sites. Now, Twitter is hopping onto the emoji bandwagon.

As George Slefo reports for Advertising Age:

“Advertisers will either cry with laughter or happiness following Twitter’s announcement of emoji based-targeting. Its move precedes World Emoji Day [which is on July 17].”

“Advertisers can target consumers who have tweeted or engaged with tweets that feature emojis. Thus, someone in Chicago who tweets a pizza emoji can be targeted by a local restaurant to come in for a slice of deep dish.”

“More than 110 billion emojis have been tweeted since 2014, according to Twitter, which says they can signal a person’s mood or mindset.”

 
Click the emojis’ image to read more.


 

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