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Are you using this effective marketing tool?

May 3, 2016 admin Business 0 Comments 2016may3_businessintelligence_c, Business Intelligence, coupons, free information products, marketing strategies, psychology

2016May3_BusinessIntelligence_CThere are many marketing techniques SMBs use to gain clients. Free information products, brochures, and press releases are just a few among many. But how do you know what’s most effective? It all comes down to looking at data and seeing for yourself what’s worked before. We’ve gone through the trouble of doing just that, so you can see how one age-old marketing technique can give a big boost to your business.

What is one thing every consumer has in common? They all love to save money. This is why the marketing technique of offering coupons is still as effective today as it was decades ago. Shocked? Don’t believe this is true? Well, let’s explore some statistics.

A recent report by Valassis, a large marketing firm that serves clients across the globe, provided some enlightening information on the effectiveness of coupons. Here’s what they discovered in terms of how coupons influence consumers.

  • 82% of all consumers are more likely to buy from a brand they wouldn’t normally because of a coupon
  • 85% are influenced to try a new product because of a coupon
  • 84% are more likely to switch brands because of the weekly specials on offer
  • 24% choose to shop at another brand’s store over their preferred because of better advertised bargains

This same report also uncovers some interesting data about brand loyalists, revealing that 78% are more likely to buy from a brand they wouldn’t normally patronize, due to a coupon. While this number is surprising close to the amount of total consumers influenced by coupons (as mentioned in the first bullet point above) this next bit of data may come as more of a surprise: 43% of brand loyalists have a more positive view of a company that offers coupons over those who don’t.

While this recent report goes a long way to revealing the benefits of coupons, how do they compare to another common marketing offer used today: free information products?

The appeal of coupons over information products

According to one marketing firm based in Waterford, Connecticut, a coupon was chosen 9 out of 10 times over an ebook when offered simultaneously. This raises an interesting question: why would a coupon be more effective than a free ebook or other information product? Let’s look at some common psychology triggers at play here.

Broad appeal – simply put, coupons have mass appeal. While information products are likely to be seen as more valuable to those with a higher education, a coupon can appeal to all income brackets – from the very wealthy to the very poor.

Instant value – to gain results from an information product requires a time investment and action. For example, if a customer receives a free 30 page ebook that explains how to get the best discounts on electronic equipment, he or she needs to read the book and then take action (and possibly create a plan) to gain the rewards of that time investment. Many consumers would rather spend their time doing something else, but a coupon on the other hand offers immediate value. Simply hand it over to the service provider, and you save money instantly. What’s not to love about that?

Uniqueness – the online marketplace is flooded with free information products. While they’re still an effective tool to gain a prospect’s email address, far fewer businesses offer coupons on their website, especially in the small business sector. By offering a coupon, you provide a free offer that immediately separates you from the pack.

The point here is that just because a marketing tool is popular doesn’t mean it’s the most effective. This is why we encourage you to review data and statistics before implementing any marketing technique in your business. It can save you a whole lot of time and also make your business stand out.

Want more valuable business information that can help you connect better with your customers? Curious to learn how IT can help collect data more easily? Call us today to find out more.

Published with permission from TechAdvisory.org. Source.

Understand these 4 types of hackers

April 28, 2016 admin Security 0 Comments 2016apr28_security_c, attack, cyber criminal, hackers, hacktivist, insider, motives, script kiddie, security

2016Apr28_Security_CWhy do hackers attack? Is it for money, notoriety, or political reasons? Many business owners never ask these questions, and instead only think about the means of how a cyber attack takes place. But knowing the motive behind a hacker’s attack can help you understand whether or not you’re a target and what data you need to protect. So let’s take a closer look at 4 different types of hackers and their motives.

Script Kiddies

When it comes to skill level, Script Kiddies are at the bottom of the totem pole and often use scripts or other automated tools they did not write themselves – hence the name. With only an elementary level of technical knowhow, Script Kiddies usually don’t cause much damage…usually. The Script Kiddy virus known as the Love Bug which sent out an email with the subject-line “I LOVE YOU” fooled millions of people, including some in the Pentagon, in the early 2000’s. The virus reportedly caused around 10 billion in lost productivity and digital damage.

So who is a Script Kiddie? Most of the time they’re simply bored youth looking for a thrill or notoriety. Many never evolve into a full-time hacker, and instead just use their skills as a hobby. Oddly enough, many Script Kiddies find a career later on working in the security industry.

Hacktivist

If you’ve heard of Anonymous, LulzSec or AntiSec, then you’re familiar with Hacktivists. These groups are made up of members of varying skill levels, all the way from Script Kiddies to some of the most talented hackers in the world. Their mission is largely politically motivated as they aim to embarrass their targets or disrupt their operations, whether that be a business or government body. Two of the most common ways they attack their target are by stealing sensitive information and exposing it or denial of service (DDoS) where a server is overloaded till it finally crashes.

As a small or medium-sized business owner you are not necessarily immune to Hacktivist disruption. If your business or a company you’re associated/partnered with participates or provides services that can be seen as unethical, such as Ashley Madison (who fell victim of a major Hacktivist attack last year), then you too may be targeted by Hacktivists.

Cyber Criminals

Often talked about in the media and well-known by most SMBs, cyber criminals are after one thing: money. Their targets run the gamut, including everyone from individuals to small businesses to large enterprises and banks. But what do these targets usually have in common? They either have a very valuable resource to steal or their security is easy to exploit…or a combination of both of these. Cyber criminals can attack in a number of ways including using social engineering to trick users into providing sensitive information, infecting an organization/individual with ransomware or another form or malware, or exploiting weaknesses in a network.

Insiders

Perhaps the scariest type of hackers are the ones that lurk within your own organization. Insiders are made up of disgruntled employees, whistleblowers or contractors. Oftentimes their mission is payback; they want to right a wrong they believe a company has perpetrated toward them, so they’ll steal sensitive documents or try to disrupt the organization somehow. Edward Snowden is a prime example of an insider who hacked his own organization – the US government.

Now that you know what motivates your enemy, you’ll hopefully have a bit of an idea as to whether or not you’re a target. To learn more about how to secure your business from these types of hackers, get in touch with our experts today.

Published with permission from TechAdvisory.org. Source.

How to pick the best mouse

April 26, 2016 admin Hardware 0 Comments 2016apr26_hardware_c, claw, dpi, extra buttons, fingertip, grips, hardware, mouse, palm, size, wired, wireless

2016Apr26_Hardware_CThe good ol’ two button mouse just won’t cut it anymore. They’re unresponsive, uncomfortable and the cord somehow ties itself up every time you put it in your bag. However, buying a new mouse can be a pain, especially when you don’t know what to look for. Do you need a mouse that’s more forgiving on your wrists? Are you looking for a tangle-free mouse? If you’re having difficulty deciding on your ideal mouse, here are some things you should keep in mind.

Cable or wireless?

Choosing between a wired or a wireless mouse is a factor you have to consider if you’re planning on purchasing a new mouse. Wireless mice are generally more comfortable since your range of movement isn’t limited by a cable and they’re usually very travel friendly. However they tend to be less responsive than their wired counterpart, which can be a problem for users requiring more precise mouse control. In some cases, wireless mice can also interfere with other wireless devices nearby. Furthermore, wireless mice require batteries, which can be a drag if you forget to buy some at the store. If you’re planning on using the same mouse for both work and home, you run the risk of losing the tiny USB receiver for your wireless mouse.

On the other hand, wired mice are cheaper and easier to use since you simply plug it in and you’re good to go. The only problem you’ll have to worry about is dealing with tangled wires. So when you’re deciding on a new mouse, think about whether you’re looking for comfort or convenience.

Ergonomics matters

You’re going to be using the new mouse for a while, so it’s important to choose a mouse that feels comfortable in your hands. When deciding on the right mouse, focus on the size and the grip of the device. The size of the mouse usually comes down to the individual’s hand size. For example, someone with smaller hands might find larger mice quite unwieldy. Certain mice can also accommodate for different types of grips:

  • Fingertip grip: With a smaller and flatter body, this mouse allows you to control the entire device with just your fingertips. This type of mouse usually provides you with more precise control of your cursor. However, it doesn’t give any room for your palms to rest on, increasing the risk of carpal tunnel syndrome. Avoid using this grip unless your work requires a lot of photo, video or sound editing.
  • Palm grip: Palm grips are the complete opposite of fingertip grip mice. With a bump at the back end for your palms, this type of mouse reduces the stress on your forearm and wrist. This grip sacrifices precision for comfort so people prone to repeated stress injuries (RSI) should definitely opt for this type of grip instead.
  • Claw grip: This type of mouse is usually the one people are most accustomed to. Named after the shape your hand makes when you hold this type of mouse, claw grip mice give you the best of both the palm grip and the fingertip grip. Like the palm grip, your palms can rest on the mouse but this type of grip also gives you a bit more control. While the palm grip is still the most ergonomical mouse, the claw grip gives a good balance of both comfort and precision.

Do more than right and left clicks

Don’t just assume that extra buttons on a mouse would mean that it’s only meant for gamers. Extra buttons add more functionality to your mouse. For instance, you can assign your spare mouse buttons to Copy and Paste so you’ll no longer have to input keyboard shortcuts. Want to switch between open windows quickly? You can assign the Alt + Tab (for Windows) and Command + Tab (for Mac) to those mouse buttons. While this isn’t a requirement when picking a new mouse, it’s definitely a neat feature that will save you some time.

DPI (dots per inch)

For precise movements, higher sensitivity is a must. Whether you’re editing images, videos or audio files, you’re going to require more precise mouse movements to execute them well. If you ever had to move your mouse around because your cursor was stuck, then a high sensitivity mouse can solve your problems. Try looking for mice with 1200 DPI or greater for finer control.

Mouse specifications could be the last thing on your mind when it comes to buying new hardware. But comfort is important. A good mouse with the right fit, can make you more efficient and reduce the risk of injury. If you need some help setting up the best hardware for your company, give us a call. We’re happy to help.

Published with permission from TechAdvisory.org. Source.

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