Real Time vs. Near Time Data Integration

You might not see it on the surface, but your company collects tons of data. With every visit to your website and every transaction that takes place there, you should be collecting the basic demographic information of your buyers and what they like to buy.
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An Update on Customer Rage

The WP Carey School of Business at Arizona State University has published the 2013 update of the customer rage study. The 2013 version is the sixth study wave. A general conclusion from the study is that if a company handles a complaint well, the customer is more likely to become loyal.
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5 Best eCommerce Role Models

The Internet has created a new world with seeming infinite potential for commercial endeavors. However, business models for ecommerce differ from traditional practices. Five ecommerce companies, though, have hit upon winning practices that can serve as role models for new startups and established businesses alike.
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What is Good Advice?

Managers and entrepreneurs receive so much advice, and it is hard to know which to follow. I have seen some entrepreneurs get conflicting advice and keep on asking the same questions in hopes of finding a clean solution to their problem.
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Love the Model, Not the Product

When searching for a business to own that you are sincerely interested in, look deeper than the product. While demand for the product or service is an important piece of the successful business formula, it is not what the business owner is going to live, eat and breathe every day—it’s the model of the business.
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Include Your Labor Value in Your Plan

Investors love it when entrepreneurs draw little or no money from their startups. It extends the cash available for research and other necessary fixed costs and gives the fragile, young company more “runway” to get to breakeven.
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