There is no doubt that people love loyalty programs and retailers love the fact that you come back time and time again spending hundreds to earn a free item or small value perk. However when was the last time you actually wanted to take the time to dig through your wallet for your loyalty card? How many of those little tags can one person actually carry on their keys? Basically the loyalty program was getting stale. Sure there were iPhone apps that stored your card and let you present it virtually but that doesn’t do much to advance these loyalty programs in a way that made them work for the new ‘connected’ and ’social’ customer. So I was impressed earlier this month when Mashable reported on a story where Tasti D-Lite (a frozen yogurt chain) announced that they were rolling out a new program (called TastiRewards if you care) that incentivised customers that linked both Twitter and Foursquare to the store’s loyalty program. It’s an incredibly simple concept when you think about it and the idea of loyalty combined with location services and social networking has a ton of potential if Foursquare (or others) help build out the business and make it simple for retailers to get on board. It’s this last point about integrating and showing value (versus simply signing them up to get numbers) to retailers that I think Foursquare will need to concentrate its efforts in order to make loyalty programs a decent size revenue stream. Continue Reading…

If you live in Canada I certainly do not need to tell you about the level of anticipation, excitement, passion and collective hopes that were riding on yesterday’s men’s Olympic hockey team selection. For my non Canuck readership the things I can compare it to include the lead up to a national election or for the techies, speculation on the next product from Apple all with coverage more intense than that of the flight of Balloon Boy. Just the selection of the team is a national moment and one which I’ve decided to turn into 5 business lessons you can learn from Steve Yzerman and crew.

So here goes my attempt at 5 business lessons from Canada’s Olympic Hockey Team selection. Continue Reading…

So you’ve got a business idea or maybe even for the most advanced in my readership, a business plan. You’ve heard a lot about your elevator pitch and the many ways in which to raise money. So the next step in your plan is to get mainstream buy in for your idea. Yet how do you do this if your idea is complex and new? You need to break down your idea into bite size and intellectually digestible pieces. The person you are pitching to must intrinsically get your business the moment after you pitch it or the pitch flat out was not worth it. So how to explain a tough concept? Continue Reading…

Given my propensity for nerdiness and specifically my passion for entrepreneurial businesses in the online world I often get asked by friends, family and tweeps about what company or service I would recommend for this or that related to the Internet or online marketing. I am happy to give one of advice but find myself recommending the same companies and services time and time again so I thought it would be worthwhile to break down months of recommendations into a usable list of technologies and/or services I use or recommend you use in your business. I’ve tried to include some brief information on why I use the company/service and what I find valuable about that particular company but there are two things that you can be sure are true of any company that makes my list. First the company must be hell-bent on customer service, if there is one thing that every company (online or offline) should be passionate about, it is customer service and creating customer evangelists (I think I qualify as example A with this list) so if a company has made my list you can expect that while they might not be Zappos, they’ll treat you with respect. Second, to make my list the company/service has to be one that does not require a second mortgage on your home to use, if it’s on this list then in my estimation the benefits of use far outweigh the cost.

I’ve tried to break these down into some sort of usable categories and would be happy to expand on my experiences with any of these companies so feel free to drop a comment or ask anything that’s on your mind.

So here is my inaugural list of companies that rock! Continue Reading…

With plenty of respect to Jason Schuller who designed the theme upon which this blog is built – and is amazing both as a designer and in the support realm – I will come right out and tell you that I am a WooThemes fan and you should be too. I work in the software industry and have been involved with my share of start up companies so it is not without some experience that I say these guys know what they’re doing. From collaborating with top notch designers (many of whom I’m sure they have never met in person) to outstanding customer support, the company is one that is certainly an example of a Web 2.0 mover and shaker.  Of course it’s not just a feel good story here, I do have some questions on how the brand is being built, so read on. Continue Reading…