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John I. Todor, Ph.D. is the Managing Partner of the MindShift Innovation, a firm that helps executives confront the volatility and complexity of the marketplace. We engage executives in a process that tackles two critical challenges: envisioning new possibilities for creating and delivering value to customers and, fostering employee engagement in the innovation and alignment of business practices to deliver on the new possibilities. Follow me on Twitter @johntodor
  • 0 comments 3,191 reads
    Posted on 2009-09-08

    It is generally agreed that only a small percentage of participants actively contribute in social media. At the June 2009 Online Community Unconference many community managers were seeking ways to increase the number of active contributors. Since the unconference, I have been pondering two questions. One, what strategies and tactics will get more customers actively involved in company sponsored social media initiatives? Second, what benefit will the company gain from increases the number of contributors?

    Will More Contributors Lead to Sales?
    More active contributors will make the site richer and more attractive which might increase the number of participants. It also would make the “customer conversation” more representative of the company’s customer base. Both of these warrant further discussion, which I intend to do in subsequent blog posts. In this post I want to raise another...

  • 31 comments 6,305 reads
    Posted on 2009-05-15

    Over the last few days Chrysler and GM have fired nearly 2000 dealers. The manufacturers say it will help them become more competitive. The dealers say the customer will suffer. I side with the manufacturer and here’s why.

    Estimates have it that about 90% of car buyers goes to the dealer only after they have thoroughly researched the car they want online. They know the model they want, color, options and even the price. What’s the dealer’s role? It seems to boil down to showing them the actual car and maybe letting them have a test drive. Of course they can try to up sell. The question is does this require a fancy dealership in every city?

    Released from dealership contracts the auto manufacturers can begin exploring how to make car buying and car ownership a better customer experience. By enabling a better customer experience as well as listening and learning from their customers, they might build the loyalty and commitment they so obviously now lack.

  • 4 comments 2,206 reads
    Posted on 2009-05-07

    When designing the user interface, the idea is to make it easier for the human, not force them to adapt to the complexity and logic of the computer. The same applies to other forms of innovation and complexity. Sure to more ahead, human need to stretch and change. But we don’t need to be overwhelmed, we need some help turning innovation and uncertainty into something we can gain a measure of control and have a meaningful and personally rewarding experience.

    Here’s a link to a video that nails this concept.

    http://tinyurl.com/cxdamg

    Enjoy and think of how this applies to the customer experiences your company enables.

  • 1 comments 3,337 reads
    Posted on 2009-05-05

    Recently, Nielsen Online reported that more than 60% of U.S. Twitter users fail to return the following month, or in other words, Twitter’s audience retention rate is about 40%.

    I quit once. The learning curves seemed just to steep for the perceived benefits. I’ve been back at it for 5 weeks and I’ve been working at making it pay business dividends.

    Here are a few realities that you have to work around. Twitter and twitter apps lack any real consideration for the user experience. Most apps are simply tools. People who successfully use Twitter for business purpose realize this and work around them. The majority of people Twitter for reasons other than business. Learn to detect them and avoid them. Twitter is evolving, fast and the business uses are evolving from the ways real businesspeople use it.

    To twitter for business successfully you need a...

  • 0 comments 3,083 reads
    Posted on 2009-05-04

    A little fun and a lot of serious business ideas from Zappos.

    First, they got from zero to $1 Billion in shoes sales in less than 10 years and it is all online. And, they are still growing.

    Watch their sales happen on this map:

    http://www.zappos.com/map/

    How do they make it happen, for one, their core values:

    • Deliver “wow” through service.
    • Embrace and drive change.
    • Create fun and a little weirdness.
    • Be adventurous, creative and open-minded.
    • Pursue growth and learning.
    • Build open and honest relationships with communication.
    • Build a positive team and family spirit.
    • Do more with less.
    • Be passionate and determined.
    • Be humble.

    Want to learn more, check out this interview with Zappos CEO Tony Hsieh:

    ...

  • 0 comments 1,906 reads
    Posted on 2009-04-21

    According to the Bureau of Labor Statistics, 452,000 people make their primary income as a blogger. That's more people than work as computer programmers or firefighters.

    Why the emergence of paid blogging? Bloggers have influence in almost every field and industry. But, they must earn their influence by providing information people want.

    Is it a living? It takes about 100,000 unique visitors to a blog per month to make $75,000 per year. About 1% of bloggers make more than $200,000 per year.

    Then there are the 22 million of us blogger that do it for nothing.

    Want to learn more, click here.

  • 18 comments 9,828 reads
    Posted on 2009-04-17

    Are you Twittering? If not, don't you know that it is the fastest growing social network with seven million people using it?

    If you are like me, you may have thought: "What will it do for my business? How much time will it take?"

    To get some answers, I decided to interview some business people I know and respect—people who are successful and yet find time to Twitter. Armed with the insights I got from them, I started Twittering last week (johntodor).

    Here is what I learned.

    Lesley Russell, VP of Direct Marketing and Sales, St Supery Winery
    Twitter username: stsupery

    Twittering personally about 8 months, for business about 4 months.

    What motivated you and how did you get started?

    I kept hearing from marketing gurus that consumer brands needed to monitor their online...

  • 0 comments 1,980 reads
    Posted on 2009-04-15

    In an earlier blog post I asked the question, "Can you trust peer-reviews." My comments stemmed from the growing concern that Yelp.com was exploiting small business. Owners complained that Yelp would not let them comment on peer-reviews or remove one. Yet, there appeared to be evidence that Yelp itself, was manipulating reviews.

    Well, media pressure had an impact. Yelp will now allow business owners to rebut comments. There was a tremendous amount of online outrage aimed at their exploitative behavior. There were also a number of very influential talk radio shows on the topic.

    Nice to see “we the people” have some power and can exert it to get "fair play."

  • 0 comments 3,794 reads
    Posted on 2009-04-14

    Social media is a very popular term these days. A Google search yields over 35 million results.

    Yet, many businesspeople cringe when then hear the word social. To some, it implies the opposite of work or business. Many think of it as connecting with friends, sharing vacation photos and letting friends know what you are doing.

    Those who evangelize the use of social media for business argue that these businesspeople are missing the point. The social element implies an openness and transparency in communication, sharing, participation, cooperation and collaboration—all of which can be good for business.

    Recently, a new term is surfacing that might be more acceptable—Earned Media. Earned media has some merit because it can be directly contrasted to paid media. Earned media sound like work and might be more acceptable to business. And, it avoid the ackwards contrast social media with? Antisocial media?

  • 5 comments 2,188 reads
    Posted on 2009-04-06

    No is the opinion of Steve Strauss a small business consultant in his USA Today article. He gives 4 reasons:

    #1 Your are in business and it is not a club or sorority. You are in the business of selling products or services – you don’t have to be their friend.

    #2 It offers just too much information. Do people really want to know what you are doing at 3:47 am?

    #3 It requires too much time. If you are on Twitter for fun, great, but if you are on there to drum up business you better be darn sure that it is going to pay off.

    #4 What can you say in 140 characters.

    Check out the full article at http://tinyurl.com/cb7rea

    I must admit that I have had some of the same reactions in the past and know a lot of people who still don't know why a business person should be using Twitter, much less how to use it.

    Well, I have now been on Twitter for 4 days and learning fast....