Thursday
Wednesday
Follow Me Twitter Images-go for it
Tuesday
To busy to Tweet
If you are on Twitter and Face book and want to save some serious time here is a couple of tips that will help you.First off. Why keep posting? Well it is the ONLY way you stay visible to the very network you are building...this applies to both Facebook and Twitter.
What the %&*# do I write? This is a tricky one, telling people you are off to feed the cat is hardly a thrilling post so you also want to keep it varied, informative and real world stuff. I use a combination of commercially interesting data, quotes, links, funnies and actual things I am doing.
The Twitter TIP - I started using a free service to pre-load my tweets (f..K I hate that word!) anyway I preloaded all these 140 character or less posts and then plan them out over a 24 hour period (takes about 15 mins)....then for the super tricky part it automatically can be set to update my Facebook AND they are saved as drafts so I can keep using those little gems over and over (not too over and over you can't be lazy!)...I eventually signed up for the pro version which is cheap as chips anyway...it has not just saved me time but it keeps the dame thing current when I am asleep....check out the little bugger here>>
Other tips- don't post on twitter like 5 in a row...it's bloody annoying ..don't be blatantly pushing your own product..it is obvious and lame..the only thing saving this from being a FAD is that it stays interesting.
Is Twitter for Twats ?
My introduction to twitter was through general conversation with friends. None of them had joined but all present had a solid opinion all the same...it is for twats!...BUT I am not so sure...My second introduction was through my friend Andy, he is in the entrepreneurial market space and was qualified to have a valid take on the whole thing...so I joined.
To describe Twitter is difficult but here it goes.
It is a never ending list of posts from businesses and people...some are about having a cup of tea and others about real world tips and sales etc.
The system keeps comments brief and fast moving (140 characters only), called posts. These are either visible online or in other parts of the world as text messages.
The word "follower" is somewhat misleading in the sense that you are not actually visibly followed unless your follower happened to be sitting there at the moment a post is made...but it does feed a part of every ones ego...hey " I have 4000 followers" or as in Ashton Kutchers case 1000,000 followers !
I can imagine describing this to my Poppa, he'd be like..."What the hell! Who's following you..you mean to say you have 180 followers!" ...he was freaked out enough when I showed him google maps, when the satellite image map was over his house he wanted me to go outside and wave at him :-)
The unwritten assumption is that if you follow someone they will generally follow you...it does not always work that way and my follower numbers is about half of the number I am following.
As a first contact point it is better than Facebook, because there is less to look at, it is simple and every Tom, Dick and Harry is not sending you a request!
Why did I join? Well I have a product that appeals to the twitter generation and they don't happen to know about it !
My goal is to build a social network base by adding value where I can free of charge and in return I hope to have a network of people that I can send information too and eventually increase my products profile.
The catch is I don't have time to manage all these social networking tools but they are important all the same.
See my next blog post about saving time via automation.
Sunday
Brief business model discussion
I have spent quite some time and energy looking at different business models for the global distribution of the Hydropal filtered sports bottle.
Our business model has been designed to eliminate the “middle man”. This is a global trend. You will probably already know that retailers are constantly trying to buy direct off the manufacturer, often after they have been introduced the product by a “middle man”.
The current economic situation means this will happen more and more as margins are squeezed well below what we have been used to in the past. Having the additional reseller level adds not just to the price but also to the complexities of managing ‘who spoke with who and when’.
Consequently, we have a three tier distribution model,
- An Agent(importer),
- Distributor/s and
- the Retailer.
The Hydropal is a bottle full of air so it made sense to find a agent in each territory that could supply and print the bottle section in order to save of freight costs and more importantly, production lead times. So this becomes my entry point for each territory.
This is typically a manufacturer with little or no experience in marketing. This matters not because the marketing is done by the next level up and by Hydropal head office. As long as they can hold stock, turn out good product on time and stick to the plan we are happy.
The distributor or distributors. This is where the business model gets interesting. Every distributor that is clearly effective is going to want an exclusive.
The challenge is to offer an exclusive in the area they are good at and leave out the market segments where others are better. This does not apply to all products, in the case of Hydropal it clearly appeals to different consumers for different reasons and we are yet to find one company that covers them all.
Finally, the retailer. Retail is now taken over with global retailers that are busy buying up smaller independents so making the right approach is critical because if you are not in with the big boys you can miss some serious opportunities.
It can take years to develop a rapport with head office and buyers. It is best to find distributors with existing relationships and accounts already loaded into their system....make sure you have allowed enough margin for the retailer and their marketing levies and hard arse payment terms.
Spend time to find a business model that works for you now and in the future when volume kicks in. The less tiers of distribution the better. It is less complicated, it results in a cheaper retail price and affords greater control over branding.
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