This document discusses the author's experience starting and growing the company Miva over many years, including surviving the dot-com crash. It provides advice for small businesses, including focusing on serving clients well and having their own intellectual property rather than competing on commoditized products. The author emphasizes developing niche expertise, staying innovative but not chasing every new trend, and truly understanding target customers.
The Marketing Potential of Augmented RealityJonathan Nyst
Mobile analysts expect Augmented Reality to be adopted by a billion users by 2020. What's Augmented Reality exactly? Why is it booming now? By presenting the technology and a few case studies, we will try to understand why brands are more and more adopting AR technology to increase performance of ads, sales and consumers' engagement. For any further information, please contact Jonathan Nyst: j.nyst@bigbadwolf.be / twitter.com/BaboonSlayer
Miva’s Bold Statement & The Future of EcommerceMiva
Miva President, Rick Wilson, shares his insights into the world of ecommerce, where it is now, and where it’s going. He cuts through decades-old myths and explains what building a successful business online is all about.
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A three part lecture for the Institute for Innovation and Public Purpose at University College London. I talk about how the Silicon Valley growth model is leading from value creation to rent extraction, then about how public policy shapes our markets and what public policy students can learn from technology platforms (both what they do right and how they go wrong), and finally, I touch on some of the great mission-driven goals that could replace "increasing corporate profits" as the guiding objective of our economy.
The Marketing Potential of Augmented RealityJonathan Nyst
Mobile analysts expect Augmented Reality to be adopted by a billion users by 2020. What's Augmented Reality exactly? Why is it booming now? By presenting the technology and a few case studies, we will try to understand why brands are more and more adopting AR technology to increase performance of ads, sales and consumers' engagement. For any further information, please contact Jonathan Nyst: j.nyst@bigbadwolf.be / twitter.com/BaboonSlayer
Miva’s Bold Statement & The Future of EcommerceMiva
Miva President, Rick Wilson, shares his insights into the world of ecommerce, where it is now, and where it’s going. He cuts through decades-old myths and explains what building a successful business online is all about.
Startup Skills Series at SUTD: Product-Market Fit WorkshopArcadier
Kenneth Low, Chief Commercial Officer of Arcadier, gave a presentation to students of the Singapore University of Technology and Design on July 31, 2017
What's Wrong with the Silicon Valley Growth Model (Extended UCL Lecture)Tim O'Reilly
A three part lecture for the Institute for Innovation and Public Purpose at University College London. I talk about how the Silicon Valley growth model is leading from value creation to rent extraction, then about how public policy shapes our markets and what public policy students can learn from technology platforms (both what they do right and how they go wrong), and finally, I touch on some of the great mission-driven goals that could replace "increasing corporate profits" as the guiding objective of our economy.
MivaCon SEMiva’s Bold Statement & The Future Of EcommerceMiva
With the unveiling of Version 9, a corporate rebrand, and numerous client success stories, 2014 was Miva’s greatest year to date. Take a look as Miva’s President, Rick Wilson highlights the bold moves Miva has made to cement itself as the frontrunner in the ecommerce industry – and what the future holds as we move forward.
In the ever-evolving landscape of technology, a groundbreaking synergy is emerging – Quantum AI. This fusion of quantum computing and artificial intelligence promises to revolutionize how we approach complex problem-solving and data processing. Let's delve into the intricacies of Quantum AI and explore its far-reaching implications.
Understanding Quantum Computing
To comprehend Quantum AI, we must first grasp the fundamentals of quantum computing. Unlike classical bits in traditional computers, quantum bits or qubits can exist in multiple states simultaneously. This parallelism allows quantum computers to perform certain calculations much faster than their classical counterparts.
The Marriage of Quantum and AI
Quantum AI leverages the unique properties of quantum computing to enhance the capabilities of artificial intelligence. Classical AI models face limitations in handling massive datasets and executing complex algorithms swiftly. Quantum AI, on the other hand, excels in parallel processing, enabling it to tackle intricate problems with unprecedented speed.
Quantum AI Algorithms
Several quantum algorithms, such as Shor's algorithm and Grover's algorithm, showcase the prowess of Quantum AI. These algorithms find applications in machine learning tasks, optimization problems, and cryptography, unlocking new possibilities in various domains.
Quantum AI in Business
Businesses are increasingly recognizing the advantages of Quantum AI. From enhancing data analytics to optimizing operations, Quantum AI offers a competitive edge across various industries.
Quantum AI vs. Traditional AI
A critical analysis of Quantum AI against traditional AI models reveals distinct advantages and disadvantages. Tailoring the choice between the two depends on specific use cases and desired outcomes.
Quantum AI stands at the forefront of transformative technological innovations. Its seamless integration of quantum computing and artificial intelligence opens doors to unparalleled possibilities. As Quantum AI continues to evolve, it's poised to shape the future of technology in ways we can only begin to fathom.
Quantum AI: Unleash insane profits with your own cutting-edge AI software today.
Quantum AI. Not only is this timely, but the amount of money that can be made is insane. Make your own software and get the most powerful AI.
Quantum AI Launch Is Going To CRUSH. We Have The Proof And We Have The System.
Not only do your buyers get access to insane software but they can build their own software in seconds. When you combine this with our proven money making formula they will get traffic and sales.
Network Marketing Exposed by Raymond Medina. www.igodiamond.com/raymillermedina. GLI Team. Discussed History of Network Marketing and 5 Deadly Lies of Network Marketing from Randy Gage MLM Manifesto
The 1st issue of the 1st volume of Magma. The issue covers what is magma, Shaadi.com launches Angry Brides, Goodbye Airbags, Innovation and the Book, The tapioca story, Advertising Goals Pyramid, Invitation for articles.
Enterprise Road to Recovery by Richard D. Smith, SMITH-TRGricharddsmith
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Summary of How Warren Buffet Select Great Companies with with competitive Advantage. And give hint on when to buy these amazing businesses & when to sell.
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
MivaCon SEMiva’s Bold Statement & The Future Of EcommerceMiva
With the unveiling of Version 9, a corporate rebrand, and numerous client success stories, 2014 was Miva’s greatest year to date. Take a look as Miva’s President, Rick Wilson highlights the bold moves Miva has made to cement itself as the frontrunner in the ecommerce industry – and what the future holds as we move forward.
In the ever-evolving landscape of technology, a groundbreaking synergy is emerging – Quantum AI. This fusion of quantum computing and artificial intelligence promises to revolutionize how we approach complex problem-solving and data processing. Let's delve into the intricacies of Quantum AI and explore its far-reaching implications.
Understanding Quantum Computing
To comprehend Quantum AI, we must first grasp the fundamentals of quantum computing. Unlike classical bits in traditional computers, quantum bits or qubits can exist in multiple states simultaneously. This parallelism allows quantum computers to perform certain calculations much faster than their classical counterparts.
The Marriage of Quantum and AI
Quantum AI leverages the unique properties of quantum computing to enhance the capabilities of artificial intelligence. Classical AI models face limitations in handling massive datasets and executing complex algorithms swiftly. Quantum AI, on the other hand, excels in parallel processing, enabling it to tackle intricate problems with unprecedented speed.
Quantum AI Algorithms
Several quantum algorithms, such as Shor's algorithm and Grover's algorithm, showcase the prowess of Quantum AI. These algorithms find applications in machine learning tasks, optimization problems, and cryptography, unlocking new possibilities in various domains.
Quantum AI in Business
Businesses are increasingly recognizing the advantages of Quantum AI. From enhancing data analytics to optimizing operations, Quantum AI offers a competitive edge across various industries.
Quantum AI vs. Traditional AI
A critical analysis of Quantum AI against traditional AI models reveals distinct advantages and disadvantages. Tailoring the choice between the two depends on specific use cases and desired outcomes.
Quantum AI stands at the forefront of transformative technological innovations. Its seamless integration of quantum computing and artificial intelligence opens doors to unparalleled possibilities. As Quantum AI continues to evolve, it's poised to shape the future of technology in ways we can only begin to fathom.
Quantum AI: Unleash insane profits with your own cutting-edge AI software today.
Quantum AI. Not only is this timely, but the amount of money that can be made is insane. Make your own software and get the most powerful AI.
Quantum AI Launch Is Going To CRUSH. We Have The Proof And We Have The System.
Not only do your buyers get access to insane software but they can build their own software in seconds. When you combine this with our proven money making formula they will get traffic and sales.
Network Marketing Exposed by Raymond Medina. www.igodiamond.com/raymillermedina. GLI Team. Discussed History of Network Marketing and 5 Deadly Lies of Network Marketing from Randy Gage MLM Manifesto
The 1st issue of the 1st volume of Magma. The issue covers what is magma, Shaadi.com launches Angry Brides, Goodbye Airbags, Innovation and the Book, The tapioca story, Advertising Goals Pyramid, Invitation for articles.
Enterprise Road to Recovery by Richard D. Smith, SMITH-TRGricharddsmith
SMITH-TRG 4 Steps to Enterprise Reinvention Innovatively Build Job Growth & Wealth Creation Machines for 21st Century be part of U S Road to Recovery Project
Summary of How Warren Buffet Select Great Companies with with competitive Advantage. And give hint on when to buy these amazing businesses & when to sell.
Similar to Start Up to Success: The good, the bad, the ugly (ICE Retailer Keynote - Rick Wilson) (10)
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
What You're Going to Learn
- How These 4 Leaks Force You To Work Longer And Harder in order to grow your income… improve just one of these and the impact could be life changing.
- How to SHUT DOWN the revolving door of Income Stagnation… you know, where new sales come into your magazine while at the same time existing sponsors exit.
- How to transform your magazine business by fixing the 4 “DON’Ts”...
#1 LEADS Don’t Book
#2 PROSPECTS Don’t Show
#3 PROSPECTS Don’t Buy
#4 CLIENTS Don’t Stay
- How to identify which leak to fix first so you get the biggest bang for your income.
- Get actionable strategies you can use right away to improve your bookings, sales and retention.
Best Crypto Marketing Ideas to Lead Your Project to SuccessIntelisync
In this comprehensive slideshow presentation, we delve into the intricacies of crypto marketing, offering invaluable insights and strategies to propel your project to success in the dynamic cryptocurrency landscape. From understanding market trends to building a robust brand identity, engaging with influencers, and analyzing performance metrics, we cover all aspects essential for effective marketing in the crypto space.
Also Intelisync, our cutting-edge service designed to streamline and optimize your marketing efforts, leveraging data-driven insights and innovative strategies to drive growth and visibility for your project.
With a data-driven approach, transparent communication, and a commitment to excellence, InteliSync is your trusted partner for driving meaningful impact in the fast-paced world of Web3. Contact us today to learn more and embark on a journey to crypto marketing mastery!
Ready to elevate your Web3 project to new heights? Contact InteliSync now and unleash the full potential of your crypto venture!
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
3. My Miva Story – Part 1
SALES AND BUSINESS DEVELOPMENT FOR “ORIGINAL” MIVA
SOLD OUR PRODUCT THROUGH WEB HOSTING COMPANIES
I PERSONALLY TRAVELED 18 - 20 DAYS A MONTH
WHEN THE DOTCOM CRASH HIT – I WAS “BURNT OUT”
MIVA WENT SURVIVAL MODE (2002-2003)
SOLD MIVA, INC. IN 2004 TO FINDWHAT (NASDAQ: FWHT)
18 MONTHS ON CORPORATE WELFARE
TOOK SOME TIME OFF (18 MONTHS)
4. My Miva Story – Part 2
STARTED ANOTHER SOFTWARE COMPANY (FAILED)
WEIGHT LOSS (DR. PHIL SHOW)
“DO YOU WANT TO BUY MIVA (MERCHANT)?”
PUT TOGETHER A TEAM TO PURCHASE MIVA MERCHANT FROM
“FINDWHAT” (THEY HAD REBRANDED TO MIVA)
REBUILT COMPANY, SUPPORT FIRST, THEN BUG FIXES
RISE OF THE SOFTWARE AS A SERVICE MODEL/WORLD
RISE OF THE NON-TECHY ETAILER
RISE OF THE “MID-MARKET” ETAILER
5. Challenges In Our World
VC FINANCED MONEY LOSING MACHINES
-SHOPIFY
-BIGCOMMERCE
BIG COMPANIES GETTING IN OUR SPACE
-AMAZON WEBSTORE
-GODADDY
-SQUARE
-EBAY (MAGENTO)
6.
7.
8.
9.
10.
11.
12.
13. How Do We Deal (Philosophically)?
FOCUS ON OUR CLIENTS
SUCCESSFUL CLIENTS, WITH GOOD ROI ARE ALL YOU NEED
“DOG-FOODING”
- SITE BUILDS
- SELLING MIVA THROUGH MIVA
PUTTING YOURSELF IN THE CUSTOMERS SHOES (FROM A BIG
PICTURE STANDPOINT)
AS A SELF SUSTAINING PROFITABLE PRIVATELY HELD BUSINESS,
WE’RE ULTIMATELY IN CONTROL
15. How Does My Story Apply To You?
AMAZON IS THE WALMART OF ONLINE COMMERCE
WALMART IS THE AMAZON OF BRICK AND MORTAR COMMERCE
WHAT ON EARTH CAN A SMALL BUSINESS DO?
AMAZON/WALMART CAN (AND WILL) KILL YOU, IF YOUR PRODUCT IS
A COMMODITY
THEY’RE ALL BUT POWERLESS IF YOUR SUCCESS IS BASED ON
YOUR OWN INTELLECTUAL PROPERTY
28. Stay Up To Date But Don’t Chase Fads
YOUR OWN AUCTION SITE
FLASH (TECHNOLOGY) BASED ECOMMERCE
VIRTUAL REALITY MALLS (SECOND LIFE)
FACEBOOK STORES
GROUP BUYING (GROUPON TOO)
FLASH SALES (NOT THE TECHNOLOGY) SITES
29.
30.
31. In the last 15 months, Fab laid off 565 employees,
dropping from 750 to 185 employees. Selling
products online is a “hard business to be in,”
Goldberg said.
At its worst point, Fab was burning through $14
million a month, Goldberg revealed, and was forced
to layoff hundreds of people. “It was an excruciating
year,” Goldberg said.
32.
33.
34.
35. Focus On Knowing Your Customers
WHO ARE THEY
HOW OLD ARE THEY
WHERE DO THEY LIVE
HOW DID THEY FIND YOU
WHAT COULD YOU DO TO SERVE THEM BETTER
BUILD A COMMUNITY AROUND YOUR CUSTOMERS
LEAD WITH YOUR UNIQUENESS
End with…. “So what does my story have to do with you? How does this apply to an SMB online retailer?”
The first way to build a niche, is to literally source your own product that no one else has.
$10 million dollar + and growing online based retailer, 95%+ of all his product sales are of his own product lines
Jewelry Designer, sells through a “channel” of jewelry shops, along with direct to retail online. Started out 7 years ago, should pass the $1 million mark in 2015
2 Man business (owner and 1 admin/logistics guy), just under $1 million in annual sales (huge margins).
Not everyone needs to source their own wholly unique product line, others just need a niche they can control.
Went to Walgreens, CVS, etc… after a car accident left him with walking problems (temporarily) and they only sold 5 different canes and all the drugstores sold the same 5 canes
Was clearly a niche that could be “blinged out” (not unlike John’s niche in the Shoe Lace business)
Identified a highly sought after product and negotiated an exclusive territory
Sells Paper Products, right from the manufacturer (and competes with them and wins)
Even this outdated look and feel, sells approximately $1 million annually because they chose a defensible niche.
Became the GO TO expert for replacing your broken iPhone Screen. More than 35 million views on YouTube
Created a loyal brand following by sponsoring up and coming riders in the space and building a community around the brand (and at events)
A regional “BevMo” type company, that infuses a passion and personality into a product line that has a cult following (mostly Wine)
These are all fads, I was heavily pitched on. I was basically told my business would fail, if I didn’t turn Miva to focus on these.
How many of you are familiar with this site?
He blames e-commerce, but that’s not the problem
His business model was the problem
How many of you are familiar with this site?
Similar to Fab.com, blames ecommerce for being “hard”, the truth is the core business model was (thus far) flawed
Well designed site, great name, no business
What can you do to stand apart from everyone else? Other than don’t chase fads.