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	<title>The Virtual Handshake: Opening Doors and Closing Deals Online</title>
	
	<link>http://www.thevirtualhandshake.com</link>
	<description>Use social media to sell to more clients, raise capital, find companies in which you can invest, recruit star employees, or even look for a new job.</description>
	<lastBuildDate>Fri, 04 May 2012 13:05:41 +0000</lastBuildDate>
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		<title>Redesign of Teten.com and TheVirtualHandshake.com</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/rPFBUcUsYUc/</link>
		<comments>http://www.thevirtualhandshake.com/2012/04/26/redesign-of-teten-com-and-thevirtualhandshake-com/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 14:09:07 +0000</pubDate>
		<dc:creator>David Teten</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/?p=2277</guid>
		<description>Assembling a WordPress Website My mother and I met Daniella Norwood, the owner of ella j designs, and her husband Brian Bigda at a Lean Startup Machine weekend at which I was a judge.  She did a great job redesigning my mother’s site, DancetimePublications.com, so I hired her to do a redesign of Teten.com and TheVirtualHandshake.com. [...]</description>
				<content:encoded><![CDATA[<h2>Assembling a WordPress Website</h2>
<p>My mother and I met Daniella Norwood, the owner of <a href="http://ellajdesigns.com" target="_blank">ella j designs</a>, and her husband Brian Bigda at a <a href="http://leanstartupmachine.com/" target="_blank">Lean Startup Machine</a> weekend at which I was a judge.  She did a great job redesigning my mother’s site, <a href="http://dancetimepublications.com/" target="_blank">DancetimePublications.com</a>, so I hired her to do a redesign of Teten.com and TheVirtualHandshake.com.  I’d love your feedback on the site.   I definitely recommend hiring Danni for your WordPress needs.</p>
<p><em>Enter Danni:</em></p>
<p>David’s RFP included:</p>
<ul>
<li><strong>upgrading</strong> <a title="Teten.com" href="http://teten.com">Teten.com</a> and <a title="The Virtual Handshake" href="http://TheVirtualHandshake.com">TheVirtualHandshake.com</a> to the latest version of WordPress,</li>
<li><strong>modernising</strong> the design of both sites,</li>
<li>making both sites <strong>mobile</strong> and <strong>social-media friendly</strong>,</li>
<li>changing the commenting system from <strong>DISQUS</strong> to <strong><a title="livefyre" href="http://livefyre.com" target="_blank">Livefyre</a> (ff Venture Capital portfolio company)</strong>,</li>
<li>migrating from <strong>AWeber</strong> to <strong>MailChimp</strong>, and</li>
<li>fixing some existing errors.</li>
</ul>
<div>Here are what the sites used to look like.</div>
<p style="text-align: center;"><img class="size-full wp-image-5063 aligncenter" title="Original Site: Teten" src="http://www.teten.com/assets/blogimages/2012/04/tetenhome-orig.png" alt="Original Site: Teten" width="540" height="438" /></p>
<p style="text-align: center;"><img class="size-full wp-image-5064 aligncenter" title="Original Site: The Virtual Handshake" src="http://www.teten.com/assets/blogimages/2012/04/TVHhome-orig.png" alt="Original Site: The Virtual Handshake" width="540" height="451" /></p>
<h2>A New Website Design</h2>
<p>While I am “a creative type”, I am not a graphics designer. I prefer looking at the WordPress Codex than color palettes. Instead of spending hours upon hours searching through all the wonderful themes that are available, I decided to use the <strong>eleven40 theme</strong> from <a href="http://www.shareasale.com/r.cfm?b=241369&amp;u=613720&amp;m=28169&amp;urllink=&amp;afftrack=" target="_blank">StudioPress.com</a> because of its responsiveness and modern design for both sites. I have been using StudioPress for a long time and love the Genesis framework and the beautifully designed child themes. They also have great support in their forums and an active development community.</p>
<p>We changed the color scheme of teten.com to green, in order to match the color scheme of <a title="ffvc" href="http://ffvc.com" target="_blank">ffvc.com</a>. Besides the color change, the biggest change to teten.com was the homepage layout and using it to feature the lastest blog posts.</p>
<h2>New Website Functionality</h2>
<p>The first thing I did was create a development site running the current version of WordPress (the original site was running 2.8) and import the xml file. Next was to set up the theme layout and create the main navigation. Once that was set, I added the plugins and configured the settings.</p>
<p>WordPress continues to improve and a lot has changed since the 2.8 version. Because of added functionality I was able to remove a lot of plugins such as Advanced Permalinks, Page Link To, and Plugin Manager. Since StudioPress has built in SEO, I was able to remove other plugins like SEO Title Tags and All In One SEO.</p>
<p>David wanted to focus on newsletter sign up and social media integration. In addition to the sign-up forms on the sidebar and footer, we added <a href="http://ellaj.optinskin.hop.clickbank.net" target="_blank"><img class="alignleft" src="http://www.teten.com/assets/blogimages/2012/04/aff11.png" alt="" width="125" height="125" />OptinSkin</a> to the ends of the posts to integrate the signup with social media. This was my first time using OptinSkin and I really liked how easy it was to customize and the variety of options that are available.</p>
<p>Being mobile-friendly was also a main consideration and in addition to using a responsive theme, we also added <a href="http://www.bravenewcode.com/store/plugins/wptouch-pro/?bnc_affiliate_id=28577&amp;utm_source=affiliate-28577&amp;utm_medium=affiliates&amp;utm_campaign=image125x125_july11" target="_blank"><img class="alignright" src="http://www.teten.com/assets/blogimages/2012/04/125x125_july113.jpg" alt="advertisment" width="125" height="125" />WPtouchPro</a> to the plugin mix since David had already purchased this. While WPtouch is a great plugin, the Pro version is worth it to really customize the user’s experience.</p>
<h2>The Final Product, Two Redesigned Websites</h2>
<p>The whole process was made easier since David had very detailed requirements. Some of the problems with the old site, such as inconsistent headers and problematic spacing, were easily fixed just by switching themes and upgrading WP.</p>
<p>We did run into some trouble with the content of the posts and pages. I was not able to copy the original database due to an error with the size of the database, so I used the xml file downloaded from the original site. I found this to be a good option especially since the old database was not UTF-8 encoded.</p>
<p>As a final touch, I introduced David to <a href="http://managewp.com/" target="_blank">ManageWP</a>, so he can more easily manage his WordPress sites. I just started using ManageWP and so far it has worked out really well. It is a great service with fantastic customer support.</p>
<p>I would love to hear any feedback.</p>
<p>Daniella Norwood</p>
<p><a title="ella j designs" href="http://ellajdesigns.com/" target="_blank">ella j designs</a></p>
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		<item>
		<title>SEC Charges Adviser with Defrauding Investors via Social Media Sites</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/kr8Xsj2nTlo/</link>
		<comments>http://www.thevirtualhandshake.com/2012/01/05/sec-charges-adviser-with-defrauding-investors-via-linkedin/#comments</comments>
		<pubDate>Thu, 05 Jan 2012 06:28:50 +0000</pubDate>
		<dc:creator>Scott Allen</dc:creator>
				<category><![CDATA[Chapter 16: Privacy & Safety]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[securities]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/2012/01/05/sec-charges-adviser-with-defrauding-investors-via-linkedin/</guid>
		<description>On Wednesday, the Securities and Exchange Commission today charged a Chicago-area investment adviser, Anthony Fields, with fraudulently promoting more than $500 billion in fictitious securities on several social media sites and issued two alerts and an investor bulletins regarding the risks investors and advisory firms face when using social media. &amp;#8220;Fraudsters are quick to adapt [...]</description>
				<content:encoded><![CDATA[<p>On Wednesday, the Securities and Exchange Commission today <a href="http://www.sec.gov/news/press/2012/2012-3.htm">charged a Chicago-area investment adviser</a>, Anthony Fields, with fraudulently promoting more than $500 billion in fictitious securities on several social media sites and issued two alerts and an investor bulletins regarding the risks investors and advisory firms face when using social media.</p>
<p><a href="http://www.linkedin.com/profile/view?id=84223539"><img style="border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px" title="image" border="0" alt="image" src="http://www.thevirtualhandshake.com/wp-content/uploads/2012/01/image.png" width="504" height="139" /></a></p>
<p>&#8220;Fraudsters are quick to adapt to new technologies to exploit them for unlawful purposes,&#8221; said Robert B. Kaplan, Co-Chief of the SEC Enforcement Division&#8217;s Asset Management Unit. &#8220;Social media is no exception, and today&#8217;s enforcement action reflects our determination to pursue fraudulent activity on new and evolving platforms.&#8221;</p>
<p><a href="http://www.sec.gov/litigation/admin/2012/33-9291.pdf">The SEC order</a> against Fields alleges he made multiple fraudulent offers through his two sole proprietorships &#8211; Anthony Fields &amp; Associates (AFA) and Platinum Securities Brokers. He provided false and misleading information to the public regarding assets under management, clients and operational history. Fields also did not maintain required records, failed to implement adequate compliance policies and procedures, and presented himself as a broker-dealer though not registered with the SEC as one.</p>
<p>The SEC has issued three new publications for both investment advisers and investors:</p>
<p><a href="http://www.sec.gov/about/offices/ocie/riskalert-socialmedia.pdf">&#8220;Investment Adviser Use of Social Media&#8221;</a> reviews concerns that may arise from use of social media by firms and their associates, and offers suggestions for complying with relevant federal securities laws.</p>
<p><a href="http://www.sec.gov/investor/alerts/socialmediaandfraud.pdf">&#8220;Social Media and Investing: Avoiding Fraud&#8221;</a> aims to raise investor awareness of fraudulent investment schemes that use social media, and provides tips for checking the backgrounds of advisers and brokers.</p>
<p><a href="http://www.sec.gov/investor/alerts/socialmediaandinvesting.pdf">&#8220;Social Media and Investing: Understanding Your Accounts&#8221;</a> contains best practices including privacy settings, security tips, and password selection aimed to help social media users protect their personal information and avoid fraud.</p>
<p>For additional information on avoiding securities fraud, visit the SEC&#8217;s website for individual investors: <a href="http://www.investor.gov/">www.investor.gov</a>.</p>
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		<slash:comments>24</slash:comments>
		<enclosure url="http://www.sec.gov/litigation/admin/2012/33-9291.pdf" length="36964" type="application/pdf" /><media:content url="http://www.sec.gov/litigation/admin/2012/33-9291.pdf" fileSize="36964" type="application/pdf" /><itunes:explicit>no</itunes:explicit><itunes:subtitle>On Wednesday, the Securities and Exchange Commission today charged a Chicago-area investment adviser, Anthony Fields, with fraudulently promoting more than $500 billion in fictitious securities on several social media sites and issued two alerts and an in</itunes:subtitle><itunes:summary>On Wednesday, the Securities and Exchange Commission today charged a Chicago-area investment adviser, Anthony Fields, with fraudulently promoting more than $500 billion in fictitious securities on several social media sites and issued two alerts and an investor bulletins regarding the risks investors and advisory firms face when using social media. &amp;#8220;Fraudsters are quick to adapt [...]</itunes:summary><itunes:keywords>Chapter 16: Privacy &amp; Safety, fraud, SEC, securities</itunes:keywords><category domain="http://rss.financialcontent.com/stocksymbol">AFA</category><feedburner:origLink>http://www.thevirtualhandshake.com/2012/01/05/sec-charges-adviser-with-defrauding-investors-via-linkedin/</feedburner:origLink></item>
		<item>
		<title>The Perfect Content Curation Tool?</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/1NLajCIt3ok/</link>
		<comments>http://www.thevirtualhandshake.com/2011/12/15/the-perfect-content-curation-tool/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 17:10:28 +0000</pubDate>
		<dc:creator>Scott Allen</dc:creator>
				<category><![CDATA[Chapter 21: Quality and Quantity of Information]]></category>
		<category><![CDATA[content curation]]></category>
		<category><![CDATA[productivity]]></category>
		<category><![CDATA[social media tools]]></category>
		<category><![CDATA[triberr]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/2011/12/15/the-perfect-content-curation-tool/</guid>
		<description>Maybe I&amp;#8217;m just lazy. Maybe I&amp;#8217;m overly ambitious. Maybe a little bit of both. All I know is. blogging as much as I would like to is a freakin&amp;#8217; lot of work! I do write original stuff sometimes &amp;#8211; and some pretty good stuff at that, I think. I&amp;#8217;m also a decent curator of content. [...]</description>
				<content:encoded><![CDATA[<p><a href="http://www.flickr.com/photos/will-lion/2595497078/" target="_blank"><img style="margin: 0px 0px 0px 10px; display: inline" align="right" src="http://farm4.staticflickr.com/3052/2595497078_4f6d5367bc_m.jpg" /></a>Maybe I&#8217;m just lazy. Maybe I&#8217;m overly ambitious. Maybe a little bit of both. All I know is. blogging as much as I would like to is a <em>freakin&#8217; lot of work!</em></p>
<p>I do write original stuff sometimes &#8211; and some pretty good stuff at that, I think. I&#8217;m also a decent curator of content. For example, <a href="http://LinkedIntelligence.com">Linked Intelligence</a> has grown into the definitive unofficial source for all things LinkedIn.</p>
<p>But being a good curator is tedious and time-consuming. And a lot of the reason for that has to do with a sub-optimal workflow. At the moment I&#8217;ve cobbled together several tools, each to handle a little piece of the flow, but I&#8217;m really not happy with what I&#8217;ve got. And what I really <em>want</em> seems so simple and so obvious, I find it unfathomable that nobody really seems to have built this yet. If someone has, please tell me, because I&#8217;ll buy it, I&#8217;ll review it, and I&#8217;ll tell everyone else how great it is!</p>
<p>What I want is a single tool to:</p>
<ol>
<li>Find interesting content to share. </li>
<li>Facilitate either sharing it directly or blogging and then sharing. </li>
</ol>
<p>Wow &#8211; does that really seem so difficult?</p>
<p>Let&#8217;s get into the specifics of what that means:</p>
<ol>
<li>Let&#8217;s start with an RSS reader. </li>
<li>Then let me combine feeds and filter them by keyword, author, tag, date, etc. </li>
<li>Then let me 1-click share, yet contextualize it for each channel, all in one interface, e.g.:
<ul>
<li>Shorter comment and a link on Twitter, LinkedIn; longer comment and a link (and selectable image thumb) on Facebook; longer comment and a selectable excerpt and link on </li>
<li>Refer to the author with their Twitter handle on Twitter, by name on Facebook and LinkedIn, and by their name, linked to their blog, in a blog post </li>
<li>If I blog it, give me the option to share my blog post, rather than the direct link, to the other social media channels </li>
</ul>
</li>
</ol>
<p><a href="http://www.flickr.com/photos/catspyjamasnz/4007683970/" target="_blank"><img style="margin: 0px 10px 0px 0px; display: inline" align="left" src="http://farm3.staticflickr.com/2483/4007683970_a169272015_m.jpg" /></a>I don&#8217;t want to completely auto-blog. I believe in the value of human review and commentary. I just want to make the workflow a LOT more efficient. Let me define a narrow set of rules to give me a manageable short list of content to review, that&#8217;s likely to have high quality. Queue that up so it&#8217;s as close as possible to being ready to publish. Let me review it and modify it &#8211; add the human touch. Then go do all the publishing.</p>
<p>Is that really too much to ask? Is there a tool that can do all this? How close to this are you? And what tool(s) are you using to do this?</p>
</p>
<p><em>Images: <a href="http://www.flickr.com/photos/will-lion/">Will Lion</a>, <a href="http://www.flickr.com/photos/catspyjamasnz/">catspyjamasnz</a></em></p>
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		<item>
		<title>Fun with Klout</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/RfIU-up6g5U/</link>
		<comments>http://www.thevirtualhandshake.com/2011/12/09/fun-with-klout/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 16:57:56 +0000</pubDate>
		<dc:creator>Scott Allen</dc:creator>
				<category><![CDATA[Chapter 15: The Virtual You]]></category>
		<category><![CDATA[Chapter 18: Your Competence]]></category>
		<category><![CDATA[Web 2.0 Sites]]></category>
		<category><![CDATA[gaming]]></category>
		<category><![CDATA[influence]]></category>
		<category><![CDATA[Klout]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/2011/12/09/fun-with-klout/</guid>
		<description>I&amp;#8217;m not going to bash Klout. plenty of others have done that already, and besides, I like getting free stuff, so, more power to them!&amp;#160; I just want to have fun with them. A few weeks ago, I did a post about Wikipedia&amp;#8217;s fundraising ads, entitled Jimmy Wales, Serial Killer?, which got retweeted by a [...]</description>
				<content:encoded><![CDATA[<p>I&#8217;m not going to bash Klout. plenty of others have done that already, and besides, I like getting free stuff, so, more power to them!&#160; I just want to have fun with them.</p>
<p>A few weeks ago, I did a post about Wikipedia&#8217;s fundraising ads, entitled <a href="http://scottsocialmediaallen.com/jimmy-wales-serial-killer/">Jimmy Wales, Serial Killer?</a>, which got retweeted by a few people. Well, thanks to that, Klout decided that &#8220;Wales&#8221; and &#8220;Serial Killer&#8221; were topics I was influential about (sorry, didn&#8217;t get a &#8220;before&#8221; snapshot). Now, they weren&#8217;t among my top 3, which were &#8220;Social Media&#8221;, &#8220;Internet Marketing&#8221; and &#8220;SEO&#8221;, but it was in my top 15.</p>
<p>I decided to have a little fun with it, so I posted on Twitter and Facebook, and sent out a shareholder mail on Empire Avenue, asking people to give me +K in &#8220;Wales&#8221; and &#8220;Serial Killer&#8221;. Within 5 minutes:</p>
<p><a href="http://www.thevirtualhandshake.com/wp-content/uploads/2011/12/KloutFun.jpg"><img style="border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px" title="KloutFun" border="0" alt="KloutFun" src="http://www.thevirtualhandshake.com/wp-content/uploads/2011/12/KloutFun_thumb.jpg" width="520" height="278" /></a> </p>
<p>Awesome!</p>
<p>I think, though, I may have overdone it, because within an hour:</p>
<p><a href="http://www.thevirtualhandshake.com/wp-content/uploads/2011/12/KloutFun2.jpg"><img style="border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px" title="KloutFun2" border="0" alt="KloutFun2" src="http://www.thevirtualhandshake.com/wp-content/uploads/2011/12/KloutFun2_thumb.jpg" width="520" height="268" /></a> </p>
<p>LOL! Oh well. makes for a great blog post. I wonder what kind of perks that&#8217;ll trigger for them to send me?</p>
<p>Feel free to <a href="http://klout.com/#/ScottAllen/topics">+K me in Social Media</a> and help me get back to normal. Or not. <img src='http://www.thevirtualhandshake.com/wp-includes/images/smilies/icon_smile.gif' alt=':-)' class='wp-smiley' /> </p>
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		<slash:comments>2</slash:comments>
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		<title>Happy Birthday to Me, and How Distributed Cognition Enhances Relationships</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/NBk9XGZzIxE/</link>
		<comments>http://www.thevirtualhandshake.com/2011/11/17/happy-birthday-to-me-and-how-distributed-cognition-enhances-relationships/#comments</comments>
		<pubDate>Thu, 17 Nov 2011 15:46:26 +0000</pubDate>
		<dc:creator>Scott Allen</dc:creator>
				<category><![CDATA[Chapter 02: The Seven Keys to a Powerful Network]]></category>
		<category><![CDATA[Chapter 17: Your Character]]></category>
		<category><![CDATA[Chapter 20: Strength of Your Ties]]></category>
		<category><![CDATA[Chapter 21: Quality and Quantity of Information]]></category>
		<category><![CDATA[Social Networking]]></category>
		<category><![CDATA[social media]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/2011/11/17/happy-birthday-to-me-and-how-distributed-cognition-enhances-relationships/</guid>
		<description>It&amp;#8217;s 9am on my birthday, and already, 65 people have posted birthday wishes on my Facebook wall. Several more have Skyped me. Sure, it&amp;#8217;s just a simple act &amp;#8211; some might argue it&amp;#8217;s only slightly more social than a poke, but I disagree. Frankly, I think this is really what the social web is all [...]</description>
				<content:encoded><![CDATA[<p>It&#8217;s 9am on my birthday, and already, 65 people have posted birthday wishes on my Facebook wall.</p>
<p><a href="http://www.thevirtualhandshake.com/wp-content/uploads/2011/11/image.png"><img style="border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px" title="image" border="0" alt="image" src="http://www.thevirtualhandshake.com/wp-content/uploads/2011/11/image_thumb.png" width="335" height="85" /></a> </p>
<p>Several more have Skyped me.</p>
<p><a href="http://www.thevirtualhandshake.com/wp-content/uploads/2011/11/image1.png"><img style="border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px" title="image" border="0" alt="image" src="http://www.thevirtualhandshake.com/wp-content/uploads/2011/11/image_thumb1.png" width="504" height="74" /></a> </p>
<p>Sure, it&#8217;s just a simple act &#8211; some might argue it&#8217;s only slightly more social than a poke, but I disagree. Frankly, I think this is really what the social web is all about: <strong>using distributed cognition to truly enhance relationships</strong>.</p>
<p>How so?</p>
<p>Ever heard of <a href="http://en.wikipedia.org/wiki/Dunbar's_number">Dunbar&#8217;s number</a>? Basically, it&#8217;s the theory that the size of our social network is limited by the size of our neocortex, and for human beings, the maximum number of &#8220;close&#8221; relationships we can theoretically have &#8211; the number of people whose names and faces you remember easily, who you can remember details about them, like what they do for a living, the last conversation you had with them, etc.</p>
<p>But what happens when our capacity for social relationships is no longer limited by our brain capacity?</p>
<p>Some people think that tools like Facebook, Twitter, LinkedIn, and even CRM or contact management systems have created an illusion of having more &#8220;real&#8221; friends than we actually do. I suppose, for some, that&#8217;s true.</p>
<p>I look at it differently, though. I look at these tools as distributed cognition. Essentially, we&#8217;re making our brains larger by using external tools to enhance our memory. I can &#8220;remember&#8221; hundreds of people&#8217;s faces, because they&#8217;re right there when I interact with them. I can call them by name &#8211; one of Dale Carnegie&#8217;s most important tips for winning friends and influencing people. I can easily recall the last conversation I had with them with a couple of mouse clicks. I can see what they&#8217;re up to and ask specific questions about it rather than wasting my time and theirs with small-talk questions like &#8220;So what are you up to these days?&#8221;&#160; LinkedIn already knows, so I already know.</p>
<p>Social media isn&#8217;t just a way to have a bunch of trivial relationships; used properly, it&#8217;s a way to treat more than 150 people that you truly care about like you treat those 150.like you would if you were smarter, or had better memory.</p>
<p>To put it in <a href="http://TheVirtualHandshake.com">Virtual Handshake</a> terms, using Information well demonstrates your Character and helps you increase the Strength of your relationships.</p>
<p>This isn&#8217;t a new concept, by any means. It&#8217;s the same principle behind <a href="http://www.harveymackay.com/pdfs/mackay66.pdf">The Mackay 66</a>, a collection of 66 questions that uber-networker Harvey Mackay used to build the strong relationships that allowed him to build a phenomenally successful company in the face of much larger competitors. It includes information such as the client&#8217;s college fraternity/sorority, children&#8217;s interests and birthdates, their immediate and long-term business objectives, health conditions, etc. Before every call, Harvey would pull out the client&#8217;s file so he could have that information at his fingertips. As he gleaned little bits of information during the course of the conversation, he would note it in their file.</p>
<p>As a result, his customers were constantly amazed at his apparently great memory, and the remarkable personal interest he took in them.</p>
<p>Cynics might say that it&#8217;s just a brilliant ploy to manipulate people. Harvey will tell you that it&#8217;s just the only way he could keep track of the information that helped him show how much he truly cared about people. And that&#8217;s also good business.</p>
<p>So this is why you should wish your Facebook friends happy birthday. Congratulate your LinkedIn contacts on their promotion or new business venture. Comment on their blog about how adorable their new baby or puppy is. It&#8217;s not being manipulative. It&#8217;s not being trivial. It&#8217;s acting like you want to act towards people you truly care about, and like you would on your own, if you were just smarter. Let social media make you socially smarter.</p>
<p>P.S. In the 30 minutes it&#8217;s taken to write this post, 7 more people have posted to my Facebook wall and 4 more have Skyped me. What a great way to start the day!</p>
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		<slash:comments>8</slash:comments>
		<enclosure url="http://www.harveymackay.com/pdfs/mackay66.pdf" length="46503" type="application/pdf" /><media:content url="http://www.harveymackay.com/pdfs/mackay66.pdf" fileSize="46503" type="application/pdf" /><itunes:explicit>no</itunes:explicit><itunes:subtitle>It&amp;#8217;s 9am on my birthday, and already, 65 people have posted birthday wishes on my Facebook wall. Several more have Skyped me. Sure, it&amp;#8217;s just a simple act &amp;#8211; some might argue it&amp;#8217;s only slightly more social than a poke, but I disagre</itunes:subtitle><itunes:summary>It&amp;#8217;s 9am on my birthday, and already, 65 people have posted birthday wishes on my Facebook wall. Several more have Skyped me. Sure, it&amp;#8217;s just a simple act &amp;#8211; some might argue it&amp;#8217;s only slightly more social than a poke, but I disagree. Frankly, I think this is really what the social web is all [...]</itunes:summary><itunes:keywords>Chapter 02: The Seven Keys to a Powerful Network, Chapter 17: Your Character, Chapter 20: Strength of Your Ties, Chapter 21: Quality and Quantity of Information, Social Networking, social media</itunes:keywords><feedburner:origLink>http://www.thevirtualhandshake.com/2011/11/17/happy-birthday-to-me-and-how-distributed-cognition-enhances-relationships/</feedburner:origLink></item>
		<item>
		<title>Online Dating is the Future of Your Business</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/FexEL96_tRA/</link>
		<comments>http://www.thevirtualhandshake.com/2011/10/29/online-dating-is-the-future-of-your-business/#comments</comments>
		<pubDate>Sun, 30 Oct 2011 02:43:23 +0000</pubDate>
		<dc:creator>David Teten</dc:creator>
				<category><![CDATA[Miscellaneous]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/?p=2061</guid>
		<description>I gave a talk today as part of TEDx Silicon Valley on &amp;#8220;Online Dating is the Future of Your Business&amp;#8221;. Here&amp;#8217;s the video and an expanded version of the slide deck. In the talk I discuss how some of the successful online dating startups are models for new businesses, many of which in various ways [...]</description>
				<content:encoded><![CDATA[<p>I gave a talk today as part of <a href="http://tedxsiliconvalley.org">TEDx Silicon Valley</a> on &#8220;Online Dating is the Future of Your Business&#8221;.  Here&#8217;s the video and an expanded version of the slide deck.</p>
<p>In the talk I discuss how some of the successful online dating startups are models for new businesses, many of which in various ways help businesses get more and better clients.  Specifically, I discuss some of the interesting companies in the dating space &#8212; <a href="http://true.com">True</a>, <a href="http://beautifulpeople.com">BeautifulPeople</a>, <a href="http://420singles.com">420Singles</a>, <a href="http://howaboutwe.com/">HowAboutWe</a> (portfolio company),  <a href="http://stdster.com">STDSter</a> (a dating site for people with sexually-transmitted diseases), <a href="http://ignighter.com">ignighter</a>, <a href="http://interracialsingles.com">InterracialSingles</a>, <a href="http://ashleymadison.com">AshleyMadison</a> (a site for finding a mistress) &#8212; which are models for some of our portfolio companies: <a href="http://identified.com/">Identified.com</a>, <a href="http://voxy.com/">Voxy</a>, <a href="http://500px.com/">500px</a>, <a href="http://localresponse.com/">LocalResponse</a>, <a href="http://hashable.com/">Hashable</a>, <a href="http://thinknear.com/">ThinkNear</a>, and <a href="http://infochimps.com/">InfoChimps</a>.</p>
<p>I&#8217;d greatly value your feedback!</p>
<p><iframe width="560" height="340" src="http://cdn.livestream.com/embed/tedx?layout=4&amp;clip=pla_34848551-f5e3-46d1-b32a-9dee1848c2c4&amp;height=340&amp;width=560&amp;autoplay=false" style="border:0;outline:0" frameborder="0" scrolling="no"></iframe>
<div style="font-size: 11px;padding-top:10px;text-align:center;width:560px">Watch <a href="http://www.livestream.com/?utm_source=lsplayer&amp;utm_medium=embed&amp;utm_campaign=footerlinks" title="live streaming video">live streaming video</a> from <a href="http://www.livestream.com/tedx?utm_source=lsplayer&amp;utm_medium=embed&amp;utm_campaign=footerlinks" title="Watch tedx at livestream.com">tedx</a> at livestream.com</div>
<div style="width:425px" id="__ss_9915138"> <strong style="display:block;margin:12px 0 4px"><a href="http://www.slideshare.net/dteten/online-dating-is-the-future-of-business" title="Online Dating is the Future of Business" target="_blank">Online Dating is the Future of Business</a></strong> <iframe src="http://www.slideshare.net/slideshow/embed_code/9915138" width="425" height="355" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe>
<div style="padding:5px 0 12px"> </div>
</p></div>
<p>Thank you to interns <a href="http://about.me/raphaelasapire">Raphaela Sapire</a> and <a href="http://www.linkedin.com/pub/wei-deng/1b/98/62b">Wei Deng</a> for their help researching this presentation, particularly some of the more questionable dating sites.</p>
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		<item>
		<title>30 Seconds of Your Time Could Mean the World to Me</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/C-ArxQ9upC8/</link>
		<comments>http://www.thevirtualhandshake.com/2011/10/01/my-chevy-mancation-2011-camaro-convertible-deep-sea-fishing/#comments</comments>
		<pubDate>Sat, 01 Oct 2011 21:18:06 +0000</pubDate>
		<dc:creator>Scott Allen</dc:creator>
				<category><![CDATA[Miscellaneous]]></category>
		<category><![CDATA[Success Stories]]></category>
		<category><![CDATA[Chevrolet]]></category>
		<category><![CDATA[fishing]]></category>
		<category><![CDATA[Mancation]]></category>
		<category><![CDATA[Port Aransas]]></category>
		<category><![CDATA[Texas]]></category>
		<category><![CDATA[travel]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/2011/10/01/my-chevy-mancation-2011-camaro-convertible-deep-sea-fishing/</guid>
		<description>UPDATE: Chevy was so impressed with what all the participants produced, as well as the turnout for the voting, that they did the smart thing and decided to declare us all winners! Thanks to everyone for your support. I have a small favor to ask that will only take a few seconds of your time, [...]</description>
				<content:encoded><![CDATA[<p><em>UPDATE: Chevy was so impressed with what all the participants produced, as well as the turnout for the voting, that they did the smart thing and decided to declare us all winners! Thanks to everyone for your support.</em></p>
<p>I have a small favor to ask that will only take a few seconds of your time, and could really do something amazing for me.</p>
<p><strong>Super-short version for super-busy people:      <br /></strong>Please <a href="http://nfn8.com/vote4scott" target="_blank">vote for me</a>. No registration &#8211; just 2 mouse clicks (Scott Allen, Vote).</p>
<p><strong>Longer version if you have more than just a few seconds:</strong>     <br />A couple of weeks ago, I took my son and his best friend on a &quot;mancation&quot; sponsored by Chevrolet (who ever said blogging doesn&#8217;t pay?). We had an absolutely fantastic time, the video is at the bottom of this post.</p>
<p>Well, it&#8217;s also a contest, and the winner gets a second mancation (with a little more spending money). I&#8217;d greatly appreciate your support in the voting. It&#8217;ll only take a few seconds of your time, and winning it would mean the world to me. You can <a href="http://nfn8.com/vote4scott" target="_blank">vote here</a>. For extra karma points, tell your friends, share it on Facebook &amp; Twitter, blog about it, etc.!</p>
<p>Thanks for your support.</p>
<p> <iframe height="284" src="http://www.youtube.com/embed/GAuEE_1xM3o" frameborder="0" width="500" allowfullscreen="allowfullscreen"></iframe></p>
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		<item>
		<title>I’m joining ff Venture Capital</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/LGDpRcm8Rb4/</link>
		<comments>http://www.thevirtualhandshake.com/2011/06/14/im-joining-ff-venture-capital/#comments</comments>
		<pubDate>Tue, 14 Jun 2011 19:44:59 +0000</pubDate>
		<dc:creator>David Teten</dc:creator>
				<category><![CDATA[Web 2.0 Industry]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/?p=2055</guid>
		<description>&amp;#160; I am delighted to announce that I&amp;#8217;m joining ff Venture Capital as a Partner. Official blog post and more details here. In addition, Michael Yavonditte, CEO of Hashable, is joining as a Venture Partner.&amp;#160;&amp;#160; &amp;#160; Since 1999, ff has made over 100 investments in over 35 companies, and from the beginning has been highly [...]</description>
				<content:encoded><![CDATA[<p>&#160;</p>
<p><img style="margin: 1em; display: block; float: left" src="http://ffventure.com/static/images/ff_logo_180.png" />I am delighted to announce that I&#8217;m joining <a href="http://ffventure.com/">ff Venture Capital</a> as a Partner. Official blog post and more details <a href="http://www.any.biz/2011/06/hire-the-best-expand-the-nest/">here</a>. In addition, <a href="http://ffventure.com/team/michael-yavonditte/">Michael Yavonditte</a>, CEO of <a href="http://hashable.com">Hashable</a>, is joining as a Venture Partner.&#160;&#160; </p>
<p>&#160;</p>
<p>Since 1999, ff has made over 100 investments in <a href="http://ffventure.com/companies/">over 35 companies</a>, and from the beginning has been highly focused on generating industry leading returns. Among the firm&#8217;s most successful seed investments that have reached maturity are <a href="http://ffventure.com/companies/cornerstone-ondemand/">Cornerstone OnDemand</a> (which raised $137m in a March 2011 IPO, ticker CSOD) and <a href="http://ffventure.com/companies/quigo/">Quigo Technologies</a> (sold to AOL for a reported $340m). We have a large crop of exciting growth companies that are starting to come into their own.</p>
<p>&#160;</p>
<p>I&#8217;ve known <a href="http://ffventure.com/team/john-frankel/">John Frankel</a>, the firm&#8217;s founder, for a year and a half. I&#8217;m very impressed by the organization he&#8217;s built and his track record. I&#8217;m honored to be the second partner in the firm&#8217;s history.</p>
<p>&#160;</p>
<p>Before making the decision to join the firm, I did some research on early-stage tech investing as an asset class. What was striking was what an attractive asset class it was. Although any given early-stage company is quite risky, when aggregated across a large portfolio, returns are very attractive. There is also low correlation to risks that investors inherently have in most of their other investments, e.g., interest rate volatility, exchange rates, macro factors such as unrest in the Middle East, commodity fluctuations, unfunded pensions, etc. In addition, angel investments historically have a low correlation level with other asset classes, given the nimbleness with which small companies can adjust to changes in the economy, and the great diversity of companies in the typical early-stage portfolio. As a result, various analyses have shown annualized returns of <a href="http://www.pehub.com/75795/angel-investing-by-the-numbers/">18-37%</a>, <a href="http://www.kauffman.org/Details.aspx/?id=1032">27%</a>, and <a href="http://emergentfool.com/2011/01/17/angel-investing-returns/">30%</a>.</p>
<p>&#160;</p>
<p>As part of my new role, my mandate is to continue the institutionalization of the Firm, accelerate the growth of our portfolio companies, and look for great entrepreneurs and companies with which we can work. In addition, we&#8217;re extending our successful summer intern program and looking for some fall <a href="http://ffventure.com/careers/">interns</a> . If you know of any companies or people with whom we should talk, please be in touch!&#160; </p>
<p>&#160;</p>
<p>Due to my new responsibilities with ff, I&#8217;m transitioning to a Chairman role with <a href="http://navonpartners.com">Navon Partners</a>, the startup that I&#8217;ve been working on with our all-star <a href="http://www.navonpartners.com/about/people/">team</a> for the last year.</p>
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		<enclosure url="http://www.kauffman.org/Details.aspx/?id=1032" length="2793" type="application/octet-stream" /><media:content url="http://www.kauffman.org/Details.aspx/?id=1032" fileSize="2793" type="application/octet-stream" /><itunes:explicit>no</itunes:explicit><itunes:subtitle>&amp;#160; I am delighted to announce that I&amp;#8217;m joining ff Venture Capital as a Partner. Official blog post and more details here. In addition, Michael Yavonditte, CEO of Hashable, is joining as a Venture Partner.&amp;#160;&amp;#160; &amp;#160; Since 1999, ff has ma</itunes:subtitle><itunes:summary>&amp;#160; I am delighted to announce that I&amp;#8217;m joining ff Venture Capital as a Partner. Official blog post and more details here. In addition, Michael Yavonditte, CEO of Hashable, is joining as a Venture Partner.&amp;#160;&amp;#160; &amp;#160; Since 1999, ff has made over 100 investments in over 35 companies, and from the beginning has been highly [...]</itunes:summary><itunes:keywords>Web 2.0 Industry</itunes:keywords><feedburner:origLink>http://www.thevirtualhandshake.com/2011/06/14/im-joining-ff-venture-capital/</feedburner:origLink></item>
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		<title>Your Website Will NEVER Generate Leads (And 9 Things That Will)</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/GIWekvuMBHs/</link>
		<comments>http://www.thevirtualhandshake.com/2011/03/23/your-website-will-never-generate-leads-and-9-things-that-will/#comments</comments>
		<pubDate>Wed, 23 Mar 2011 19:26:00 +0000</pubDate>
		<dc:creator>Scott Allen</dc:creator>
				<category><![CDATA[Chapter 26: Marketing]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/blog/2011/03/23/your-website-will-never-generate-leads-and-9-things-that-will/</guid>
		<description>That&amp;#8217;s right. Your website has never generated one single lead, and it never will. It may capture leads, qualify leads and convert leads, but it will never, ever, generate leads. Think about it. How does someone end up at your website? No one just types it in randomly. Somehow or another, they heard about your [...]</description>
				<content:encoded><![CDATA[<p><a href="http://www.thevirtualhandshake.com/assets/blogimages/2011/03/135048_no_audience_1.jpg"><img style="border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; margin-left: 0px; border-left-width: 0px; margin-right: 0px" title="135048_no_audience_1" border="0" alt="135048_no_audience_1" align="right" src="http://www.thevirtualhandshake.com/assets/blogimages/2011/03/135048_no_audience_1_thumb.jpg" width="244" height="182" /></a> That&#8217;s right. Your website has never generated one single lead, and it never will.</p>
<p>It may capture leads, qualify leads and convert leads, but it will never, ever, <em>generate</em> leads.</p>
<p>Think about it. How does someone end up at your website? No one just types it in randomly. Somehow or another, they heard about your site and thought that it might be of interest to them.</p>
<p>This is an important distinction. A great website is an essential piece of your lead generation strategy, but it does absolutely nothing on its own. You have to provide it with a steady flow of interested people for it to do its job. Without actual lead generation tactics, you&#8217;ll share your message with absolutely no one.</p>
<p>Fortunately, there are many, many effective ways to generate leads for your website:</p>
<ol>
<li><strong>Generic domain names &#8211; </strong>This could be considered an exception to what I said above, so I&#8217;ll address it first. Many people will try just typing in generic words as domain names to see what comes up. Some businesses have simply made that generic name their brand (<a href="http://bags.com">Bags.com</a>, <a href="http://blinds.com">Blinds.com</a>), while others have purchased those generic names as a way to generate relevant traffic (<a href="http://books.com">Books.com</a> &#8211; Barnes &amp; Noble, <a href="http://aspirin.com">Aspirin.com</a> &#8211; Bayer). Those one-word domains may be hard to come by, but a 2 or 3 word descriptive domain appropriate to your business might not be, e.g., <a href="http://dallasdivorceattorney.com/">DallasDivorceAttorney.com</a> or <a href="http://PhiladelphiaDJ.com">PhiladelphiaDJ.com</a>. Even if people don&#8217;t type it in directly, descriptive domain names will generally rank well on searches for those keywords. </li>
<li><strong>Organic search (SEO) &#8211; </strong>For many small business sites on a budget, this is the #1 source of online lead generation. It&#8217;s free, and it&#8217;s very effective.if you can get ranked well for keywords relevant to your business. There have been volumes written on search engine optimization, and the nuances of it are constantly changing, but for most small businesses, a simple two-pronged strategy is extremely effective: 1) publish keyword-rich content on your site on a regular basis that&#8217;s compelling enough to make people want to link to it, and 2) interact with people to share the link and encourage them to as well. Which brings us to. </li>
<li><strong>Social media</strong> &#8211; The new social web offers several tactics for lead generation. First, your fans can easily tell others about you and share your content. That&#8217;s great if you have a bunch of raving fans who also happen to be active social media users. Most companies have to work for it a little more. As with your website, publishing alone won&#8217;t bring followers &#8211; you have to proactively seek out people and participate in the venues and public conversations that are relevant to your business. Interaction creates attraction. And when those people link to your content, that helps your search engine rankings. </li>
<li><strong>Advertising </strong>comes in many forms online. While the old horizontal banner ads have all but disappeared from most mainstream websites, display advertising is still alive and well on the web. While some sites sell ads directly, most work with advertising networks, which they&#8217;ll be able to refer you to. The other approach is text ads, which are usually on a cost-per-click (CPC) basis. These are offered by most of the major search engines, as well as some independent ad networks. Again, the site you want to advertise on should be able to refer you to the appropriate ad network. </li>
<li><strong>Joint ventures and affiliates</strong> are a great way to reach new people. One form of joint venture is the &#8220;quid pro quo&#8221; approach &#8211; they promote your product to their list and you promote their product to your list. This is usually only done, though, if the lists are of the same order of magnitude. Otherwise, there will have to be some sort of revenue sharing, or affiliate program. This can be a highly effective strategy and usually involves little or no up-front cost to implement. Choose your associates carefully, though, as their behavior will reflect on you to some extent. </li>
<li><strong>Content marketing</strong> is kind of a hybrid of some of the tactics listed above, but it still merits its own entry. The key here is to publish your content on sites (other than your own website) that already have traffic, that already have an audience of people looking for information about the topics you&#8217;re creating content about. Videos on <a href="http://YouTube.com">YouTube</a>, slide presentations on <a href="http://SlideShare.net">SlideShare</a>, white papers on <a href="http://Scribd.com">Scribd</a>, articles on <a href="http://EzineArticles">EzineArticles</a> &#8211; the opportunities are endless. If you can get a regular column in a major outlet, that&#8217;s even better. Don&#8217;t be overtly promotional, but do be sure to always have a link back to your site, if possible, or at least have your domain name prominently displayed. You want to drive direct traffic, not just create brand awareness. </li>
<li><strong>Publicity</strong> should be an essential part of any small business&#8217; marketing strategy. At a bare minimum, you should be monitoring <a href="http://www.helpareporter.com/">Help A Reporter Out (HARO)</a> for media opportunities and pitching relevant local and industry media about your company. Seek out relevant internet radio shows and podcasters that might interview you. Make sure your <a href="http://linkedin.com">LinkedIn</a> profile is up-to-date and contains relevant keywords &#8211; it&#8217;s how many reporters, bloggers and other media producers find expert sources to interview. </li>
<li><strong>Email lists</strong> &#8211; Depending on your business, you can buy or rent a list of people matching certain demographic criteria. How effective is it? It depends on the quality of the list, the relevance of it to your business, and then having a compelling offer that will drive people to take action. Stick with an established provider and focus the list as narrowly as possible to get to your ideal clients, not just a broad demographic segment. </li>
<li><strong>Offline promotion </strong>- Put your web address (URL) on your business cards, invoices, brochures, menus &#8211; pretty much every piece of printed material that a customer will receive from you. Use it on billboards, TV and radio ads. Show it on the last slide of any presentations you do. Of course, if you&#8217;re not putting a piece of paper in their hands, it needs to be short and memorable &#8211; yet another reason to get a descriptive domain name! </li>
</ol>
<p>Notice that webinars and teleseminars aren&#8217;t on the list. Why not? Because you have to promote them, too, to get people to attend and you can only promote them to people you&#8217;ve already reached via some other means. They&#8217;re a great conversion tactic, but not usually a good lead generation tactic, unless they&#8217;re being done as part of a joint venture and you&#8217;re accessing someone else&#8217;s list.</p>
<p>Note also how many of the items on the list above refer to another item on the list. Each tactic may be moderately effective on its own, but they work best when combined with the others. That&#8217;s why an integrated marketing plan is so important. Remember, people have to hear your message an average of seven or more times before taking action. The more channels you&#8217;re distributing your message through, the sooner you&#8217;ll reach that critical mass in the mind of your potential customers.</p>
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		<title>Lessons from Sociology: 5 Factors to Help You Sell More</title>
		<link>http://feedproxy.google.com/~r/TheVirtualHandshake/~3/VCNSWKNLG3c/</link>
		<comments>http://www.thevirtualhandshake.com/2011/03/01/lessons-from-sociology-5-factors-to-help-you-sell-more/#comments</comments>
		<pubDate>Tue, 01 Mar 2011 19:24:00 +0000</pubDate>
		<dc:creator>Scott Allen</dc:creator>
				<category><![CDATA[Chapter 27: Sales]]></category>
		<category><![CDATA[diffusion of innovations]]></category>

		<guid isPermaLink="false">http://www.thevirtualhandshake.com/blog/2011/03/01/lessons-from-sociology-5-factors-to-help-you-sell-more/</guid>
		<description>I&amp;#8217;ve read dozens of books on sales and marketing over the years, and while I learned a lot, some of the best, simplest advice I ever got came not from one of them, but from a sociology textbook. While you may never have heard of Diffusion of Innovations, it&amp;#8217;s the foundational work on which more [...]</description>
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<p>I&#8217;ve read dozens of books on sales and marketing over the years, and while I learned a lot, some of the best, simplest advice I ever got came not from one of them, but from a sociology textbook. While you may never have heard of <em>Diffusion of Innovations,</em> it&#8217;s the foundational work on which more familiar titles like <em>Crossing the Chasm</em> and <em>The Tipping Point</em> are based.</p>
<p>The book is primarily focused on how innovations are spread within social groups. In that context, the author defines five characteristics of an innovation that influence the decision to adopt or reject it. If we think broadly about the term &#8220;innovation&#8221; as not just a new invention, but simply an idea that&#8217;s new to the individual, then it becomes clear that this is the same decision process someone goes through when evaluating buying your product or service. While every buyer has their own unique set of circumstances and decision criteria, these five characteristics offer an excellent checklist for both your overall marketing strategy and the individual sale:</p>
<p><strong>Relative Advantage</strong> is the relative benefit of your offering compared to all other alternatives, including the status quo, i.e., doing nothing. Most marketers focus their efforts here &#8211; feature-benefits lists, ROI analysis, and competitive comparisons. Pricing also falls under this category. We&#8217;d like to think that if we&#8217;re the logical best choice, we&#8217;ll make the sale, but unfortunately, that&#8217;s all too often not the case. That&#8217;s because there are many other factors in the decision process that have nothing to do with pure logic.</p>
<p><strong>Compatibility </strong>is a measure of how well the new idea fits into a person&#8217;s life. It may be a matter of logistics, e.g., actually having room for a large item, personal preferences such as color or finish, religious factors or cultural factors, or even more complex psychological factors, such as whether your product fits the customer&#8217;s self-image. Clearly defining your ideal customer will help you address this. Consider psychographic characteristics as well as demographics. What&#8217;s important to them? How do they see themselves?</p>
<p><strong>Simplicity </strong>is, simply, how easy the product is to use and understand. Too many choices causes anxiety, and a confused mind says &#8220;no&#8221;. More complex products will have longer sales cycles and required the more skilled salespeople.</p>
<p><strong>Trialability </strong>is a measure of the ability of the prospective customer to try out your product or service before purchasing it, i.e., test drives, free or super-cheap samples or trials, free initial consultations. Money-back guarantees are a slight variation on this. How can you apply this to your business?</p>
<p><strong>Observability </strong>is the degree to which the benefits can be observed during the trial period or initial use. For example, it&#8217;s relatively easy to observe the benefits of taking aspirin to relieve a headache, but impossible to directly observe the results of taking aspirin to reduce the risk of heart disease.</p>
<p>You can apply this five-point checklist at every stage of your marketing and sales process: product strategy, sales process, campaign, and individual sale. You don&#8217;t have to be strong in all five areas, but if you have a gap, you need to be aware of it so you can either address their concerns or make a point of being sufficiently stronger in the other factors.</p>
<p>Want to know more? <a href="http://www.openforum.com/idea-hub/topics/money/article/lessons-from-sociology-5-tips-to-help-you-sell-more-scott-allen">Read the full article at OPEN Forum</a>.</p>
<p><a href="http://www.thevirtualhandshake.com/wp-content/uploads/2011/03/DiffusionOfInnovation.png"><img style="border-right-width: 0px; display: inline; border-top-width: 0px; border-bottom-width: 0px; border-left-width: 0px" title="DiffusionOfInnovation" border="0" alt="DiffusionOfInnovation" src="http://www.thevirtualhandshake.com/wp-content/uploads/2011/03/DiffusionOfInnovation_thumb.png" width="689" height="247" /></a></p>
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