Archive for the ‘Featured Articles’ Category

Building a .COmmerce Empire with Your New .CO Domain

Saturday, July 31st, 2010

Building an online business usually incorporates setting up an e-commerce storefront. Selling online is not new but leveraging a .CO domain can help you get noticed in new ways.

New Commerce Uses with a .CO Domain Name

There are so many ways to sell online these days but the strongest way is to have your own storefront. The .CO is a unique opportunity for businesses and individuals looking to create a separate space for their online commerce presence and leverage the top level domain (.COM, .NET, .CO) instead of placing the storefront in a sub-domain (e.g. shop.DOMAIN.COM).

One interesting concept that people have discussed is using the .CO domain for the company web site since that is the traditional acronym for a corporation and using the .COM as the commercial storefront. Advantages to the .CO is that is is easy to remember, simple to use, and easy to understand. Simply put, .CO is global, recognizable and credible, and therefore highly desirable in this competitive business environment.

Building a .COmmerce Empire with a New .CO Domain

Even if you have your .COM brand, you have a unique opportunity to leverage the new .CO domain and as mentioned above it works extremely well in a commercial or business environment. As you grow your company you might want to create a dedicated space for online commerce. If you have a brand name, you can participate in what is called a Global Sunrise which, as of this posting, is going on now and ends June 10, 2010. During the Sunrise period holders of eligible registered trademarks have the right to apply for the .CO domain name corresponding with their trademark before the registration of domain names opens to the general public.

Take Your .COmpany from Small to Big with a .CO Domain Name

So are you ready to go from small to big? We encourage you to check out the Network Solutions .CO site more information about submitting your trademark application and the .CO domain name in general.

To support the launch of the .CO domain globally, the site Pitch.CO has a contest asking for your best business idea pitch and you can win $50,000. To find out more, check out the Pitch.CO site.


What The Movement Against Facebook’s Privacy Policy Is Really Saying About The Hype

Thursday, June 3rd, 2010

What The Movement Against Facebook's Privacy Policy Is Really Saying About The HypeIn my last post, I talked about how privacy issues were affecting the way people view their social networks. In this post, I’d like to talk about the growing movement that is happening that is affecting one specific social network: Facebook.

Why Facebook? It’s one of the largest social networks in the United States now and in light of its recent movement towards becoming more “open” to sharing the data and enhancing the user’s social graph, one thing that it has seemed to have forgotten is asking the users for permission to do so. You can read a live blog account of Mark Zuckerberg, Facebook’s founder, on ReadWriteWeb here, but suffice it to say, the intent here was for the social graph to allow the web to make more semantic connections with users so that we find more it more relevant to us. It’s a nice gesture…until people realized that the services utilizing Facebook’s new features were sharing their personal data across to services like Pandora and Microsoft Docs, often without understanding how to opt-out of posting that data easily. It seemed that Facebook’s efforts to maintain control was by making it extremely difficult to simply opt-out or properly manage your privacy settings.

Explore the maze just to update your privacy

Now we’ve heard horror stories about people shocked to hear that their settings have been changed unexpectedly to make more information public when, originally, it was set as private. It remains unknown whether those cases could properly be attributed to Facebook’s tweaking of the system so I won’t speculate on the blame, but my point here is that the experience just to update your settings can be rather convoluted. Just look at this infographic created by The New York Times showing you the complex maze in order to adjust the slightest thing.

Infographic: Facebook's Privacy Setting (by The New York Times)

So by now you’ve looked at the infographic, right? Did you try and figure out how to adjust your privacy setting? Are you lost? Yeah, so are most people. In an analysis of this chart, Dan Nosowitz from Fast Company made this comment:

Exceedingly complex controls like those Facebook offers for privacy always struggle with balance. Keep things too simple, and everyone can understand them but advanced users won’t have enough control to tweak the settings the way they want to. That leads to Facebook making decisions for people–a dangerous system. But if you provide every conceivable permutation of privacy setting, you’ll confuse the hell out of the people who just want to make one tiny bit of information invisible. That leads to users thinking, “screw it.” And that comes to the same result: Facebook makes decisions for people.

In my last post, I wrote about Tim O’Reilly’s blog post where he cites that he supports Mark Zuckerberg’s effort to make the web more “open” and data public, but that he thinks that this is a learning challenge for him. By that, he means that entrepreneurs and startups need to take these risks and go forward and sometimes reverse course in order to find the right balance needed to satisfy the company’s mission and appease its users. However, in the above infographics case, Nosowitz thinks that Facebook hasn’t done this yet, until probably recently. While Nosowitz’s article about Facebook’s privacy wasn’t published until May 13, 2010, some simpler settings have emerged from Facebook.  But if these new options haven’t condensed the above infographic into something more streamlined, people are still going to get increasingly frustrated about the service and still be confused – leading more to believe Nosowitz’s assumption: that Facebook is making decisions for people.

The protest grows

Typically when Facebook has made changes to the site, whether it was a redesigned homepage or some new features that millions of their users disagree with – including updates to the Terms of Service, people took to cyberspace and protested by “demanding” changes be made. Sometimes there were no changes and other times, Facebook acquiesced and reverted back to their old ways. These demonstrations usually occurred on blogs and on Facebook through the use of the group feature. It was quite entertaining and you didn’t hear a lot of commentary about deleting your Facebook account. But now, somehow this time was entirely different. After this year’s F8 developers conference, there was more uproar concerning the privacy of user data and how Facebook had a laissez-faire view about keeping our content hidden without our consent. Allegedly, even Mark Zuckerberg believed content published on the web in a social network was completely open – privacy be damned.

We're Quitting Facebook

As a result, technology influencers and those upset over the recent direction taken by Facebook have orchestrated campaigns designed to accomplish one: deletion of Facebook accounts to send a message to the social network. One such campaign took place on May 31 and was called We’re Quitting Facebook. As of this writing, over 30,000 individuals have “committed” themselves to deleting their accounts on Memorial Day. Whether or not this number actually is true remains a point of speculation, but suffice it to say, people are genuinely upset and have resigned themselves to cutting themselves free from the addictive social network. Their argument is that Facebook is misleading on its good intentions and there aren’t any fair choices – by which the organizers cite a Wired.com article that highlights that it seems Facebook holds a monopoly (or with MySpace it’s a duopoly) in the United States when it comes to great social networks.

Another protest is also set to take place on June 6 around the world (virtually, of course) called Facebook Protest that some are also calling “D Day”. While striving to achieve the same goal as the We’re Quitting Facebook campaign, this protest’s methods include simply boycotting Facebook to show the social network the power of the crowd. This means logging out of Facebook completely and making sure that you’re not clicking on any “like” button on a site or sharing content through any Facebook-infused application or service. While not as extreme as the We’re Quitting Facebook protest, this one does have a considerable following of more than 4,000 fans on Facebook (ironic, yes) and close to 2,000 followers on Twitter. It has also been picked up by some local news affiliates and other publications.

Whether Facebook will notice thousands of protesters out of millions of its total users boycotting or deleting their accounts will be interesting. How will the service handle the fact that thousands will stop using their service for a whole day? Granted, Facebook is quite addictive, but will 24 hours of non-activity be a detriment to their business or revenue?

If you’re charging up that hill, you better know what’s on the other side

It’s one thing to say that a lot of people will be deleting their accounts, but one must also look on the other side to see how effective that reach would be:

  • Facebook has over 400 million active users
  • 50% log into Facebook on any given day
  • People spend over 500 billion minutes/month on Facebook
  • About 70% of Facebook users are outside the United States
  • Two-thirds of comScore’s U.S. Top 100 websites and half of comScore’s Global Top 100 websites have integrated with Facebook
  • More than 550,000 active applications currently on Facebook Platform
  • More than 250,000 websites have integrated with Facebook Platform
  • More than 100 million Facebook users engage with Facebook on external websites every month

Those statistics are quite daunting so for most of the protesters to avoid anything Facebook-related across the Internet is probably a near-impossibility. Just by reading this blog post, you might be tempted to click on the “like” button or maybe even share this article on Facebook. You just can’t get away from it!

Compete.com: Facebook site traffic to privacy setting page

In gathering information about this post, I came across this article on Compete that had an interesting graphic focused on how big was this hype surrounding Facebook privacy. What it graphed out was the amount of site traffic towards Facebook’s privacy page during each of the major issues that had people complaining about the openness of their data. As you can see, more people began visiting the privacy page since Facebook announced their profiles were going to be subject of searches by sites like Google and Yahoo, but subsequently, the traffic has since dropped to an average of 400-500,000 weekly unique visits. There wasn’t even a spike when a new ad platform was launched or even when Facebook announced a universal opt-out from their Beacon program.  Granted this chart does not show recent issues surrounding privacy concerns once again plaguing Facebook, but could we expect another rise in traffic to the privacy settings page in light of a more simpler approach? Most likely.

Compete.com: Unique Visitors to Facebook.com

But how are we motivated towards going off the deep end and deleting our account? I don’t think that it’s entirely possible to do. In fact, in another Compete.com post, they doubt whether it’s even feasible for us to really “quit” Facebook. In the above graph, you can see that the average visits to Facebook have only gone up with the exception of February – March 2010 which displayed the most obvious drop in site traffic. But even looking at the different incidents that occurred with Facebook regarding privacy, more people overall are still visiting the site and using their service. So what effect will this really have against the Facebook protests? Probably not much.

Go ahead and quit, but we’ll find someone to take your place

One of the things that is probably highly anticipated is the opportunity to see how many people actually followed through with the We’re Quitting Facebook campaign. With over 30,000 people “committing” to follow through, the true test would be to see if everyone did, in fact, take part and remove themselves from the social network. Chances are that with one person quitting, there’s many more to take his or her place. VentureBeat reporter Paul Boutin wrote an article today where he noted:

If Facebook signups were to run at their usual pace today — probably not, based on today’s slow holiday traffic on the Internet — for every user who threatened to quit, there would be four or five new signups. Facebook averages 150,000 new members per day, the company has claimed. Quit Facebook Day signed up only 32,522 pledges, and it’s not likely that all of them actually quit.

This is definitely evident that with a large user base, in order for Facebook to truly notice a movement of significant caliber, the action would have to be extraordinary and substantial – meaning that more than a few thousand users would need to sacrifice themselves in order to really make a difference.

Regardless of the actions taking place now with the two protests and an updated privacy setting, one thing remains certain, the debate will remain the same. In addition, the hype may have been over-promoted about how people view the damage caused by Facebook’s lack of privacy and the uproar that accompanied it.

I’ll leave you with this video featuring Mashable’s co-editor Ben Parr and his debate with an intellectual property attorney and a government official from Canada on a Russian TV program where they discuss the privacy aspect – the video is in English:

So will you be abandoning Facebook or will you be sticking around waiting for the next issue to arise?

Photo Credit: Nick Winch / sxc.hu


FloorplanOnline.com is creating a Smallvolution with Social Media

Wednesday, May 26th, 2010

In our quest to hear great stories of companies growing from small to big we heard from FloorplanOnline.com on our Smallvolution Facebook page. Here is what they posted:

Reaching Out to Learn More

We really loved their story and wanted to learn more so we reached out to Kris Cone, CEO of FloorPlanOnline.com and did an extended interview. Here is the transcript:

1. What has been your greatest success so far in your growing the business from small to big?
We are still relatively small (about $2 million in revenue in 2010) but growing, despite the economy. The biggest success has to be creating a
loyal and satisfied customer base of thousands of customers that often tell us we have the best product on the market for selling real estate.
We have maintained over a 95% customer satisfaction rating for 5 years now, which I think is a combination of a fair price for what we offer
(we are not the cheapest, nor the most expensive), a unique niche product offering, all backed by real customer support. We grew the
company on a boot strap with minimal money invested (comparatively)….so we can’t do a lot of the things we would like to
do that maybe some of our competitors can, but focusing on the core floor plan offering has helped us keep our customers happy.

2. What has been your greatest challenge?
Getting real estate agents to spend money on our tours to provide the most robust online content to sell a home. The Real Estate industry is
a strange beast. You have properties selling for $500,000, $1 million or more, yet you are still lucky if the property online has more than 10
photos.

Amazon.com has more information on a $10 book than a lot of properties online. Yet the revenue opportunities are so much higher. Real estate agents are typically independent contractors, and they are very cost conscious. We are not the cheapest tour solution. Often, to get in the
door, you need to have the cheapest solution. Some agents have also been stuck in the past with buying print ads vs online advertising.

This is changing, but some companies still spend millions on newspaper ads. Why… 90% of people use the internet to search and in 1/3 of the cases, the buyer finds the house they bought first, online. Because of the industry structure, there has been a lot of bottom up selling – the real estate agent, not their company, typically make the purchasing decision, so you often have to focus on who holds the purse string. This is
difficult for a small company – how do you effectively reach the 1.3 million real estate agents to 1. Get them to listen to you and 2. Get
them to buy from you.

3. How have online social media tools like Facebook, Twitter and Blogs helped you market your business?

Social media has helped with Viral Sharing of property tours and FloorPlanOnline services. Back to the greatest challenge, the more our customers, their sellers or even buyers can share their tours, their experiences and successes about FloorPlanOnline, the more people hear about us, and we let social media do the advertising work for us. A referral is much more valuable than a cold call…and social media is the new form of referral. Our marketing person, Chris Drayer, does a lot of work on the social media sites to get our name and products out to various social media sites – Facebook, Twitter, ActiveRain (a real estate oriented blog site) and to create ”Champions” for FloorPlanOnline. Often, the more successful agents are turning to these mediums as it is a hot topic in the real estate world.

We have also been involved in several grass roots industry events that use social media to talk about the events. In addition, our tours come with built-in social media tools. Anyone can post a home tour to Facebook, Twitter, MySpace, or over 100 other “social” networking sites, by clicking our “Share” button. So now, a home seller can actively participate in the marketing of their own home by posting a FloorPlanOnline tour to their Facebook Wall so all their contacts can see their home they are selling. Same for the agent. Even the buyer can share their potential new home with their friends. So the multiplier effect takes hold, and spreads.

4. Looking back, what are 2-3 things you would recommend to fellow entrepreneurs looking to grow their business from small to big?

  1. Know your market, your customer, and how to reach them. Do this before you start the business, or before you introduce a new product. Often, I think people just start out with an idea and do not really know who their customer is, or should be.
  2. Get a good website you can manage yourself. We changed our website last year from a home grown static site to a WordPress website. I bought some templates and started creating the site. And because WordPress is a blog/content management system, it is so easy to add new information as often as you want. This has dramatically increased our online search engine presence. Launch a new feature…create a post. Launch a new product…create a post. Have a recurring issue…create a post. No matter what it is, we now have a really easy way to communicate with our customers. You can even get plug-ins to repost the blog posts to sites like Twitter. However, here is where you need to be careful about social media…do you want to direct people to Facebook, or your website? Twitter is good from this respect, since you can only post a snippet, and it should have a link back to your site or blog post. The social media sites need to be a portal back to your website, not the other way around…and so your social media strategy needs to always think about the call to action and how to get them back to your website.
  3. Provide good customer service. Many people tell us one reason they continue to use us, despite our higher prices, is our great customer service. We help people…whether it is our problem or not (often it is because of some outdated software, malware or computer literacy issues). We use some technology tools to make our small company look big. We have a customer care call tool that routes calls and has call queuing. We have a virtual PBX phone system. We have an online chat tool that also allow us to do remote control trouble-shooting of customer’s computers. We use email tools to funnel issues. And we have effectively used off-shoring services through our own production department to help minimize costs. But, people want to call and talk to someone, and they need to be able to effectively communicate. Speak my language – so we have US people on our customer care lines.

For more information on FloorplanOnline.com, check out FloorplanOnline.com

Got a “Small to Big” Story? We Want to Hear It.

Got a “Small to Big” Story?

We’ve all got that brilliant idea that started as a simple napkin sketch and somehow became its own full-fledged life force. Maybe it was a mouth-watering cupcake that became a catering business. Or a simple idea that became a successful enterprise. Whatever your “Small to Big” story, we’d love to hear it.

We’re launching a new movement- The Smallvolution, and we’re asking you to join.

What’s the Smallvolution, you ask?

It’s a movement of people, ideas and businesses that see the big in Small. Small sees possibilities where others see obstacles. Small is agile, passionate and all-around inspiring. At Network Solutions®, evidence of the Smallvolution is seen everyday-and you’re a part of it.

Welcome to the Smallvolution. Tell us your stories on our Smallvolution Page and become a Fan atwww.facebook.com/networksolutions


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