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	<title>NowSourcing.Com &#187; business</title>
	<atom:link href="http://nowsourcing.com/tag/business/feed/" rel="self" type="application/rss+xml" />
	<link>http://nowsourcing.com</link>
	<description>Social Media Marketing Explained</description>
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		<title>The Real Cost of BYOD</title>
		<link>http://nowsourcing.com/2012/05/10/the-real-cost-of-byod/</link>
		<comments>http://nowsourcing.com/2012/05/10/the-real-cost-of-byod/#comments</comments>
		<pubDate>Thu, 10 May 2012 19:12:26 +0000</pubDate>
		<dc:creator>Kristina</dc:creator>
				<category><![CDATA[Portfolio]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business perks]]></category>
		<category><![CDATA[BYOD]]></category>
		<category><![CDATA[company property]]></category>
		<category><![CDATA[infographics]]></category>
		<category><![CDATA[mobile devices]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=4665</guid>
		<description><![CDATA[© 2012 Xigo]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.xigo.com/byod/" target="_blank"><img src="http://www.xigo.com/images/byod_narrow.jpg" alt="The Real Cost of BYOD [Infographic]" width="550" border="0" /></a><br />
© 2012 <a href="http://www.xigo.com/">Xigo</a></p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>The High Stakes World of Mobile Payments</title>
		<link>http://nowsourcing.com/2012/03/28/the-world-of-mobile-payments/</link>
		<comments>http://nowsourcing.com/2012/03/28/the-world-of-mobile-payments/#comments</comments>
		<pubDate>Wed, 28 Mar 2012 14:53:09 +0000</pubDate>
		<dc:creator>Kristina</dc:creator>
				<category><![CDATA[Portfolio]]></category>
		<category><![CDATA[betting]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[cash-free society]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[gambling]]></category>
		<category><![CDATA[high stakes]]></category>
		<category><![CDATA[infographics]]></category>
		<category><![CDATA[Mobile Payments Today]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=4428</guid>
		<description><![CDATA[The high stakes world of mobile payments [Infographic] Compliments of MobilePaymentsToday.com]]></description>
			<content:encoded><![CDATA[<p style="text-align: center;"><a href="http://www.mobilepaymentstoday.com/blog/7670/The-high-stakes-world-of-mobile-payments-Infographic?rb=false"><img class="aligncenter" style="border-style: initial; border-color: initial; border-image: initial; border-width: 0px;" src="http://www.mobilepaymentstoday.com/images/infographic.png" alt="The High Stakes World of Mobile Payments [Infographic]" width="550" border="0" /></a><br />
<a href="http://www.mobilepaymentstoday.com/blog/7670/The-high-stakes-world-of-mobile-payments-Infographic?rb=false">The high stakes world of mobile payments [Infographic]</a><br />
Compliments of <a href="http://www.mobilepaymentstoday.com?rb=false">MobilePaymentsToday.com</a></p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>History of the Businessmen</title>
		<link>http://nowsourcing.com/2012/02/15/history-of-the-businessmen/</link>
		<comments>http://nowsourcing.com/2012/02/15/history-of-the-businessmen/#comments</comments>
		<pubDate>Wed, 15 Feb 2012 14:34:36 +0000</pubDate>
		<dc:creator>Kristina</dc:creator>
				<category><![CDATA[Portfolio]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Business MBA]]></category>
		<category><![CDATA[businessman]]></category>
		<category><![CDATA[evolution]]></category>
		<category><![CDATA[infographics]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=4131</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><a href="http://nowsourcing.com/blog/wp-content/uploads/2012/02/businessmen.jpeg"><img class="aligncenter size-full wp-image-4132" title="businessmen" src="http://nowsourcing.com/blog/wp-content/uploads/2012/02/businessmen.jpeg" alt="" width="550" /></a></p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<title>NowSourcing Launches New Website</title>
		<link>http://nowsourcing.com/2012/02/01/new-website-launch/</link>
		<comments>http://nowsourcing.com/2012/02/01/new-website-launch/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 15:14:01 +0000</pubDate>
		<dc:creator>Brian Wallace</dc:creator>
				<category><![CDATA[Blog]]></category>
		<category><![CDATA[Featured]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Louisville]]></category>
		<category><![CDATA[new websites]]></category>
		<category><![CDATA[NowSourcing]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[startups]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=3864</guid>
		<description><![CDATA[&#160; I remember back to 2005 on a morning much like this.  The first rendition of nowsourcing.com went live.  Most people didn&#8217;t check it out back then &#8211; it was a simple html site, no blog, and pretty much consisted of me in a basement with a desk and computer. &#160; &#160; Fast forward 7 [...]]]></description>
			<content:encoded><![CDATA[<p>&nbsp;<br />
I remember back to 2005 on a morning much like this.  The first rendition of nowsourcing.com went live.  Most people didn&#8217;t check it out back then &#8211; it was a simple html site, no blog, and pretty much consisted of me in a basement with a desk and computer.<br />
&nbsp;<br />
<center><a href="http://nowsourcing.com/blog/wp-content/uploads/2012/02/nowsourcing-new-site.png"><img class="wp-image-3866 aligncenter" title="nowsourcing-new-site" src="http://nowsourcing.com/blog/wp-content/uploads/2012/02/nowsourcing-new-site-897x1024.png" alt="" width="518" height="619" /></a></center><br />
&nbsp;<br />
Fast forward 7 years &#8211; we&#8217;ve been through a few hacked together WordPress sites, but we really wanted to have a new site that conveyed all the things that we&#8217;ve been working so hard on.  And after lots of sleepless nights, tweaking and throwing things at the computer, it is finally here! Check out our new internet digs and let us know what you think!</p>
<p>&nbsp;</p>
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		<slash:comments>3</slash:comments>
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		<title>Infographic: Is Your Job Killing You?</title>
		<link>http://nowsourcing.com/2011/12/20/is-your-job-killing-you/</link>
		<comments>http://nowsourcing.com/2011/12/20/is-your-job-killing-you/#comments</comments>
		<pubDate>Tue, 20 Dec 2011 18:33:08 +0000</pubDate>
		<dc:creator>Kristina</dc:creator>
				<category><![CDATA[Infographics]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[careers]]></category>
		<category><![CDATA[human resources]]></category>
		<category><![CDATA[infographics]]></category>
		<category><![CDATA[job stress]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=3355</guid>
		<description><![CDATA[I have learned a few things from Human Resource MBA&#8217;s new infographic: stress is killing people at a astronomical rate these days, and these people are not doctors and lawyers. So it is no longer a joke, your job really could be killing you. I suggest we all take a moment to stop and think [...]]]></description>
			<content:encoded><![CDATA[<p>I have learned a few things from <a href="http://www.humanresourcesmba.net/">Human Resource MBA&#8217;s</a> new infographic: stress is killing people at a astronomical rate these days, and these people are not doctors and lawyers. So it is no longer a joke, your job really could be killing you. I suggest we all take a moment to stop and think of ways to de-stress and how we can lower the stress of others. </p>
<p><center><a href="http://www.humanresourcesmba.net/job-stress/"><img src="http://www.humanresourcesmba.net/job-stress/is-job-killing-you.jpg" alt="Is Job Stress Killng You?" width="500"  border="0" /></a><br />From: <a href="http://www.humanresourcesmba.net">HumanResourcesMBA.org</a></center></p>
]]></content:encoded>
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		<slash:comments>4</slash:comments>
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		<item>
		<title>Infographics For The Social Media Maniac</title>
		<link>http://nowsourcing.com/2011/08/25/infographics-social-media-maniac/</link>
		<comments>http://nowsourcing.com/2011/08/25/infographics-social-media-maniac/#comments</comments>
		<pubDate>Thu, 25 Aug 2011 17:54:50 +0000</pubDate>
		<dc:creator>Kristina</dc:creator>
				<category><![CDATA[Infographics]]></category>
		<category><![CDATA[brandsphere]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[infographics]]></category>
		<category><![CDATA[Onward Search]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[social networking]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[UX infographics]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=2984</guid>
		<description><![CDATA[The theme for this week in infographics proved to be quite tech-saavy. NowSourcing&#8217;s infographic for Onward Search analyzed the job opportunities for those of us in the design and social media industry. Our other featured infographics explore social media branding, the history of social networking, the Apple tree, and the evolution of how we communicate. [...]]]></description>
			<content:encoded><![CDATA[<p>The theme for this week in infographics proved to be quite tech-saavy. NowSourcing&#8217;s infographic for Onward Search analyzed the job opportunities for those of us in the design and social media industry. Our other featured infographics explore social media branding, the history of social networking, the Apple tree, and the evolution of how we communicate. These infographics have put important and humorous information in one place for all of us to eat our social media hearts out.</p>
<h2>1. A Guide To UX Careers</h2>
<p style="text-align: center;"><a href="http://www.onwardsearch.com/UX-Career-Guide/" target="_blank"><img class="aligncenter" style="border-style: solid; border-color: black; border-width: 5px;" src="http://www.onwardsearch.com/UX-Career-Guide/UX-Career-Guide-Infographic.png" alt="UX Career Guide" width="550" height="2000" border="0" /></a></p>
<div style="text-align: center;"><a href="http://www.onwardsearch.com/UX-Career-Guide/">(Larger View)</a></div>
<div style="text-align: left;">
<h2>2. Social Media Brandsphere</h2>
</div>
<div style="text-align: center;"><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/08/JESS3_BrianSolis_Brandsphere.jpg"><img class="aligncenter size-large wp-image-2988" style="border-width: 5px; border-color: black; border-style: solid;" title="JESS3_BrianSolis_Brandsphere" src="http://nowsourcing.com/blog/wp-content/uploads/2011/08/JESS3_BrianSolis_Brandsphere-1024x819.jpg" alt="" width="550" height="420" /></a></div>
<div style="text-align: center;"><a href="http://jess3.com/JESS3_BrianSolis_Brandsphere.jpg">(Larger View)</a></div>
<div style="text-align: left;">
<h2>3. The History Of Social Networking</h2>
</div>
<div style="text-align: center;"><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/08/history-of-social-networking.jpg"><img class="aligncenter size-full wp-image-2991" style="border-width: 5px; border-color: black; border-style: solid;" title="history-of-social-networking" src="http://nowsourcing.com/blog/wp-content/uploads/2011/08/history-of-social-networking.jpg" alt="" width="550" height="4000" /></a></div>
<div style="text-align: center;"><a href="http://www.pamorama.net/wp-content/uploads/2010/12/history-of-social-networking.jpg">(Larger View)</a></div>
<div style="text-align: left;">
<h2>4. The Apple Tree</h2>
<p style="text-align: center;"><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/08/mashable_apple-tree-infographics.png"><img class="aligncenter size-large wp-image-3001" style="border-width: 5px; border-color: black; border-style: solid;" title="mashable_apple-tree-infographics" src="http://nowsourcing.com/blog/wp-content/uploads/2011/08/mashable_apple-tree-infographics-549x1024.png" alt="" width="550" height="1024" /></a></p>
</div>
<div style="text-align: center;"><a href="http://mashable.com/2011/07/18/apple-design-infographic/">(Larger View)</a></div>
<div style="text-align: left;">
<h2>5. 10 Levels Of Intimacy In Today&#8217;s Communication</h2>
</div>
<div style="text-align: center;"><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/08/10-levels-of-intimacy.jpg"><img class="aligncenter size-full wp-image-2996" style="border-width: 5px; border-color: black; border-style: solid;" title="10-levels-of-intimacy" src="http://nowsourcing.com/blog/wp-content/uploads/2011/08/10-levels-of-intimacy.jpg" alt="" width="550" height="730" /></a></div>
<div style="text-align: center;"><a href="http://www.pamorama.net/wp-content/uploads/2010/12/10-levels-of-intimacy.jpg">(Larger View)</a></div>
]]></content:encoded>
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		<slash:comments>2</slash:comments>
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		<title>Why Google+ May Not Overtake Facebook</title>
		<link>http://nowsourcing.com/2011/07/07/google-may-not-overtake-facebook/</link>
		<comments>http://nowsourcing.com/2011/07/07/google-may-not-overtake-facebook/#comments</comments>
		<pubDate>Thu, 07 Jul 2011 20:32:52 +0000</pubDate>
		<dc:creator>Kristina</dc:creator>
				<category><![CDATA[Facebook]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[connecting]]></category>
		<category><![CDATA[evolution]]></category>
		<category><![CDATA[future]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[mark zuckerberg]]></category>
		<category><![CDATA[people]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[social network]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=2613</guid>
		<description><![CDATA[In a press conference this morning Mark Zuckerberg, creator of Facebook, was asked what he thought of the possibly revolutionary launching of Google+. Zuckerberg admitted that he had used it very little but that he believed it was part of the social networking evolution. However, Google+ is also his competition, it is offering Circles, which [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/07/y-u-no-meme-generator-google-y-u-no-take-over-facebook-7337e1.jpg"><img class="aligncenter size-full wp-image-2614" title="y-u-no-meme-generator-google-y-u-no-take-over-facebook-7337e1" src="http://nowsourcing.com/blog/wp-content/uploads/2011/07/y-u-no-meme-generator-google-y-u-no-take-over-facebook-7337e1.jpg" alt="" width="510" height="510" /></a></p>
<p>In a press conference this morning Mark Zuckerberg, creator of Facebook, was asked what he thought of the possibly revolutionary launching of <a href="https://plus.google.com/up/start/?sw=1">Google+</a>. Zuckerberg admitted that he had used it very little but that he believed it was part of the social networking evolution. However, Google+ is also his competition, it is offering <em>Circles</em>, which basically allows you to label your friends and groups and choose who sees what and which group you publish content to. It also offers <em>Hangouts,</em> which is the video group chat, <em>Sparks</em>, a feed that revolves around you and only videos, articles, and offers you would be interested in, and <em>Huddle</em> which allows you to text as a group. Since the two networks are so similar, but one comes with more features (so far), people will eventually make a choice. There will be resistance at first just as there was when Facebook blew Myspace out of the water, but as of right now, Google+ sounds like the next step and Facebook may not have the technology to catch up.</p>
<p style="text-align: center;"><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/07/google-plus-project-functionality.jpg"><img class="aligncenter size-full wp-image-2629" style="border: 5px solid black;" title="google-plus-project-functionality" src="http://nowsourcing.com/blog/wp-content/uploads/2011/07/google-plus-project-functionality.jpg" alt="" width="500" height="182" /></a></p>
<p style="text-align: center;"><a href="http://www.seoinc.com/seo-blog/the-google-plus-project-is-finally-revealed/">Credit</a></p>
<p>Google+ began a beta release for the network last month, giving only a select few people access &#8211; this gave off the impression that the network was elite, leaving those who weren&#8217;t allowed dying to see what all the fuss was about. Another blow to Facebook&#8217;s ego was the group chat offered on Google+ that clearly overshadowed Facebook&#8217;s partnership with Skype, who was recently bought by Microsoft for $8.5 billion before they were aware of Google&#8217;s innovative software.</p>
<p style="text-align: center;"><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/07/Mark-Zuckerberg-001.jpg"><img class="aligncenter size-full wp-image-2617" style="border: 5px solid black;" title="Mark-Zuckerberg-001" src="http://nowsourcing.com/blog/wp-content/uploads/2011/07/Mark-Zuckerberg-001.jpg" alt="" width="500" height="276" /></a></p>
<p style="text-align: center;"><a href="http://www.techiespider.com/?p=119">Credit</a></p>
<p>The reason Google+ may not take over Facebook is because despite Google&#8217;s Vice President, Vic Gundotra&#8217;s belief that they are meeting the needs of the people and their desire to connect, they are really adding a bunch of bells and whistles to a system that was already meeting this need. Also many users may not be ready for the commitment that goes along with another social network.</p>
<p>If Zuckerberg does come out with something innovative or finds a way to at least make group chat available before Google+ is fully launched he may have a shot. However, Zuckerberg recently said they are not focusing on the number of users so much anymore but the features, this was a little unsettling. The fact that <a href="kristina, overall good post but a few thoughts: might want to link &quot;Facebook lost around 6 million users&quot; with this http://nowsourcing.com/2011/06/15/the-state-of-facebook/">Facebook lost around 6 million users in May</a>, may have provoked this comment, and since Google+ is ahead in the feature department it will make a come back even more difficult. The worst thing he could do is reformat the entire network like Myspace did when they saw that Facebook was taking them over &#8211; they ended up going beyond their site&#8217;s capacity and that helped in everyone&#8217;s decision to go full Facebook. Whether or not Facebook survives the war or falls as the social media empire, social networking is evolving right before our eyes and it should be a very interesting change.</p>
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		<title>HR Meets Generation Y: Who Is Asking For Too Much?</title>
		<link>http://nowsourcing.com/2011/04/12/hr-meets-generation-y-who-is-asking-for-too-much/</link>
		<comments>http://nowsourcing.com/2011/04/12/hr-meets-generation-y-who-is-asking-for-too-much/#comments</comments>
		<pubDate>Tue, 12 Apr 2011 16:19:34 +0000</pubDate>
		<dc:creator>Kristina</dc:creator>
				<category><![CDATA[Inspiration]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[change]]></category>
		<category><![CDATA[generation x]]></category>
		<category><![CDATA[generation y]]></category>
		<category><![CDATA[HR]]></category>
		<category><![CDATA[human resources]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=1981</guid>
		<description><![CDATA[Around 2007 it became obvious that Generation Y would never live up to the demands of working America &#8211; not due to lack of intelligence or drive, but sheer lack of interest in the corporate world. While some still went off to become doctors, lawyers, and big business moguls, the rest of the generation has [...]]]></description>
			<content:encoded><![CDATA[<p>Around 2007 it became obvious that Generation Y would never live up to the demands of working America &#8211; not due to lack of intelligence or drive, but sheer lack of interest in the corporate world. While some still went off to become doctors, lawyers, and big business moguls, the rest of the generation has squandered their lives away &#8211; according to the generations before &#8211; generation y is irresponsible, lazy, addicted to social media and technology, and a disgrace to everything this once great nation has stood for.</p>
<p><a href="http://nowsourcing.com/blog/wp-content/uploads/2011/04/Gen-Y.jpg"><img class="alignnone size-medium wp-image-1983" style="border: 5px solid black" src="http://nowsourcing.com/blog/wp-content/uploads/2011/04/Gen-Y-300x199.jpg" alt="" width="500" height="300" /></a></p>
<p style="text-align: center"><a href="http://smallbiztrends.com/2010/08/3-smarter-faster-cheaper-ways-market-to-generation-y.html">Credit</a></p>
<p>HR departments are having to reorganize all that their system entails to please the generation who refuses to live to work. So who is asking for too much? It is a matter of change and accepting change. It is hard to believe that no one can see the good in this generation &#8211; a generation that thrives on creativity rather than money, who would rather own a small business than work for a large one &#8211; a generation that truly does not understand what the hold up has been on green energy and refuses to move anywhere but forward &#8211; a generation that wants the time to enjoy life and success while they&#8217;re still young rather than waste away in an office building just to say they&#8217;re &#8220;productive&#8221; or &#8220;responsible&#8221;.</p>
<p>Generation Y wants more money for less face-time, notice I said &#8220;face-time&#8221;. Who said we need brick and mortar to be considered &#8220;working&#8221;? I wrote a post a while back on Social Media Mom, that discussed <a href="http://www.socialmediamom.com/2011/02/a-digital-revolution-and-the-war-on-generation-y.html">the digital revolution</a>, one very interesting avenue big businesses were taking was working through avatars. Yes, this is initially very creepy, but think of the freedom. Of course, the host who was not a fellow &#8220;generation-y-not?&#8221;, sadly walked through the empty building that was once littered with busy people who couldn&#8217;t wait for lunch. Where were they? They were at home, cleaning the house, drinking tea, and dressing their avatars to meet colleagues from China in a digital conference room. Uh Sweet! Seriously though, there is an unease because the change is so great, but the work is creative and it still makes money &#8211; which is what we are all so worried about anyway, right?</p>
<p>It is true, Human Resources will have to get new statistics, maybe change their testing process &#8211; however, it will have to change eventually, why not now when it is for the better? We want the generations to speak out rather than lash out, and really think &#8211; is this really a matter of laziness or is this simply a resistance to change?</p>
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		<item>
		<title>Infographic: How Social Media Impacts the Business World</title>
		<link>http://nowsourcing.com/2010/11/04/social-media-business-infographic/</link>
		<comments>http://nowsourcing.com/2010/11/04/social-media-business-infographic/#comments</comments>
		<pubDate>Thu, 04 Nov 2010 21:20:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Social Media]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[graphics]]></category>
		<category><![CDATA[infographics]]></category>
		<category><![CDATA[social technology]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=1735</guid>
		<description><![CDATA[As we’ve been going in depth with infographics lately, this challenge from Paul Anderson of SoTech is very timely. His team has created an infographic portraying how social media/technology connects in the business world, and now they want our feedback. Lend the graphic your critical eye and feel free to comment with thoughts on how [...]]]></description>
			<content:encoded><![CDATA[<p>As we’ve been going <a href="http://nowsourcing.com/2010/10/05/best-infographic-ever/">in depth</a> with infographics lately, this challenge from <a href="http://paularmstrong.info/">Paul Anderson</a> of SoTech is very timely. His team has created an infographic portraying how social media/technology connects in the business world, and now they want our feedback. Lend the graphic your critical eye and feel free to comment with thoughts on how to improve version 2.</p>
<p style="text-align: center"><a href="http://sotechnow.com/wp-content/uploads/SoTech_Infographic1.png"><img class="aligncenter size-large wp-image-1740" src="http://nowsourcing.com/blog/wp-content/uploads/2010/11/SoTech_Infographic1-1024x723.png" alt="" width="700" height="494" /></a><a href="http://sotechnow.com/wp-content/uploads/SoTech_Infographic1.png">credit</a></p>
<p><img src="///Users/mac/Library/Caches/TemporaryItems/moz-screenshot-3.png" alt="" /></p>
<p style="text-align: center"><img src="///Users/mac/Library/Caches/TemporaryItems/moz-screenshot.png" alt="" /></p>
<p style="text-align: center"><img src="///Users/mac/Library/Caches/TemporaryItems/moz-screenshot-1.png" alt="" /></p>
<p style="text-align: center"><img src="///Users/mac/Library/Caches/TemporaryItems/moz-screenshot-2.png" alt="" /></p>
<p style="text-align: center"><img src="///Users/mac/Desktop/pics/SoTech_Infographic1.png" alt="" /></p>
<p>SoTech first unveiled this infographic at a 2010 conference in London. Posters are available.</p>
]]></content:encoded>
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		<item>
		<title>ROI Is a Number, Not &#8220;Awesome&#8221;</title>
		<link>http://nowsourcing.com/2009/07/23/roi-is-a-number-not-awesome/</link>
		<comments>http://nowsourcing.com/2009/07/23/roi-is-a-number-not-awesome/#comments</comments>
		<pubDate>Thu, 23 Jul 2009 20:12:42 +0000</pubDate>
		<dc:creator>Donald</dc:creator>
				<category><![CDATA[PPC]]></category>
		<category><![CDATA[bing]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Yahoo]]></category>

		<guid isPermaLink="false">http://nowsourcing.com/?p=1109</guid>
		<description><![CDATA[You probably get them as much as I do: those sales calls from people who can &#8220;guarantee top positioning in Google and other search engines&#8221;.  Little do they know that when they call me, they&#8217;re talking to someone who doesn&#8217;t mind showing them just how little they know about search engines and business in general.  [...]]]></description>
			<content:encoded><![CDATA[<div class="wp-caption alignright" style="width: 369px"><img title="BusinessInsider" src="http://static.businessinsider.com/~~/f?id=9737544b9ceffe49264ddb00&amp;maxX=360&amp;maxY=269" alt="Courtesy: BusinessInsider.com" width="359" height="269" /><p class="wp-caption-text">Courtesy: BusinessInsider.com</p></div>
<p>You probably get them as much as I do: those sales calls from people who can &#8220;guarantee top positioning in Google and other search engines&#8221;.  Little do they know that when they call me, they&#8217;re talking to someone who doesn&#8217;t mind showing them just how little they know about search engines and business in general.  Heck, if I can keep them on the phone a couple seconds longer, that&#8217;s hopefully someone else saved from hearing their <a class="zem_slink" title="Snake oil" rel="wikipedia" href="http://en.wikipedia.org/wiki/Snake_oil">snake oil</a> spiel in the first place.  On one such call, I let the gentlemen finish his whole script and he proceeded on the hard sale.  I asked him one question: &#8220;What kind of ROI can I expect to see from your services?&#8221;</p>
<p>&#8220;Oh, our ROI is AWESOME&#8221; was his response.</p>
<p>Um&#8230;no it isn&#8217;t.  Last time I checked, ROI was a calculation where you take earnings minus cost divided by cost multiplied by 100 to get in percentage terms [((E-C)/C)*100], which I&#8217;m pretty sure leads to a number&#8230;not AWESOME!  The analysis of how that number meets expected goals may lead to the label of &#8220;awesome&#8221; and high-fives all around, but ROI itself is simply a number.</p>
<p>If you&#8217;re wondering why I&#8217;m ranting on this, it&#8217;s because this is the perfect example of mixing up the difference of results and the interpretation of the results.  This is critical when it comes to monitoring <a class="zem_slink" title="Pay per click" rel="wikipedia" href="http://en.wikipedia.org/wiki/Pay_per_click">PPC</a> performance.  You could have a 500% ROI, which some might consider awesome, but what if your break-even point required a 750% ROI <em>compared to other activities you could have done with those resources</em>?  Ladies and Gentlemen, in this case &#8220;awesome&#8221; has left the building and you have some explaining to do.</p>
<p>Since PPC can be factored down to the penny at a keyword level, don&#8217;t consider ROI as a goal, but as a floor to build on.  Look at your daily or weekly reports and ask yourself &#8220;Can I be happy with these results if they continued for X amount of time?&#8221;  If the answer is no, then you just reviewed the actual results, and interpreted them to be insufficient (aka &#8220;not awesome&#8221;), regardless of what the actual ROI is.<br />
If you know that to break even after shipping, commissions, taxes, and all other costs that you need a 250% ROI from PPC (or $2.50 ROAS&#8230;same thing) then you should set your floor at 250% and not your goal.  Set goals in three forms: Ideal, Expected, and Acceptable.</p>
<ul>
<li>Ideal is shooting for the moon and really worthy of being called &#8220;Awesome&#8221;</li>
<li>Expected is profitable and sustainable.</li>
<li>Acceptable is north of break-even but you really want it higher.</li>
</ul>
<p>This is especially critical if you work with agencies because agencies will ask you what your target is, and if you say 250% they&#8217;ll give you as much volume as they can at the 250% to spend as much as they can (assuming their compensation is based on percentage of spend).  So remember&#8230;awesome is a goal, not a number.  ROI is a number, and not a goal.  Setting a given ROI as a goal is awesome, so long as you know what your results should be.</p>
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