Showing posts with label business marketing. Show all posts
Showing posts with label business marketing. Show all posts

Monday, 1 September 2014

7 Sins of Social Media Marketing


This article is part of SWOT Team, a new series on Mashable that features insights from leaders in marketing, brand-building and public relations.

Remember when social media was a new, unchartered territory for brands? Consumers flocked to platforms like Twitter, Facebook and LinkedIn overnight and marketers knew that, in order to stay relevant, they had to follow suit. 

Fast forward to today: 97% of marketers use social media to connect with buyers. The problem is, most still haven't figured out how to leverage social to create a personalized, relevant and enjoyable experience for their audience.
Socially awkward brands aren't just pushed to the sidelines, they miss out on building valuable relationships, or in some cases, end up on a viral list of social media blunders. Whether your brand is too boring, too tone-deaf or too promotional, your social media approach can’t be an afterthought. Here are seven deadly sins of social media marketing to avoid at all costs to keep your audience engaged, interested and loyal.

1. Being all talk

talking


Image: Flickr, smkybear
The key to social media content is to show, not tell. Audiences prefer engaging with visual content over text anyday; did you know that tweets with image links get an engagement rate 200% higher than those with just 140 characters? Flooding your feeds with line after line of text could cause you to miss out on a huge opportunity to connect with your buyers. Instead, we should be emulating brands like Oreo, whose Twitter feed is addicting thanks to charming illustrations, clever videos and mouth-watering images.

Lucky for us, it’s easier than ever to share visual content, thanks to free design tools like Canva and seamless embed options on social platforms. For marketers, a picture really is worth a thousand words — act accordingly.

2. Putting on a one-man show

Trying to apply your advertising approach to social is a big mistake. In fact, one of the reasons social media is effective is because so many people tune out traditional media and mass messaging. On social, it’s even easier to mute brands that talk, but don't listen — with a quick click, consumers can unfollow or remove your content from their feed for good. Instead of talking about yourself nonstop,
make your audience the center of attention by highlighting their interests
make your audience the center of attention by highlighting their interests, like Monster Energy on Facebook, or sharing their content on Instagram like Sharpie. Your social following isn’t a captive audience, so take a break from broadcasting and start sharing content they'll actually want to click on.

3. Forgetting to think before you tweet

Staying relevant today isn't easy — trending topics go from viral to ancient history daily. So how can marketers keep up? Cue newsjacking. Instead of trying to generate buzz from scratch, brands piggyback on the popularity of top headlines to amplify their own content. We see clever newsjacks during the Super Bowl and the Oscars, but occasionally, the not-so-savvy attempts end up being headlines themselves.

Last year, AT&T earned serious social backlash for a failed 9/11 tribute, and, Gap crossed the line when it took to Twitter to promote discounts during Hurricane Sandy. It’s true that marketing today is time-sensitive, but you'd rather be late to the game than be perceived as offensive.

4. Thinking all social platforms are created equal

socialmediacolors















                Image: mkhmarketing
Your social strategy shouldn’t be one size fits all.
Your social strategy shouldn’t be one size fits all. For example, B2B audiences spend most of their time on LinkedIn, while B2C buyers can be found on Facebook, according to Social Media Examiner. Find the channels that best align with your audience's interests, then experiment with the type, cadence and style of content you think will resonate most. Measure what works and what doesn’t and optimize accordingly. Instead of publishing the same content to every channel, the best social media teams create tailored approaches based on the medium and the message.


Need inspiration? Check out GE’s Vine, JetBlue’s Instagram, L.L Bean’s Pinterest or Cap’n Crunch on Twitter. Each has a pitch-perfect approach for the company and the channel.

5. Putting your customers on mute

It used to be that if a customer had a complaint about your product or service, they could tell their friends, family or a 1-800 number. Today, consumers can share negative reviews with their entire network — and the searchable social web — through a simple click. Not surprisingly, 72% of customers who complain about a brand on social expect a response within an hour. But in some cases, they are lucky to get noticed at all. This Facebook post from McDonald’s sparked tons of nasty comments slandering the company's food and service, but last I checked, the Golden Arches hadn’t chimed in to put out the fire. Whether you have a handful of followers or 31 million Facebook fans like McDonald’s, you can’t afford to ignore your audience, period.

6. Forgetting to be a human

robotheart


Image: Flickr, Henry Schimke
In an age where buyers are constantly bombarded with deals, promos and ‘lowest price’ taglines, your brand’s personality is crucial to stand out from the pack. Corporate jargon and automated replies will send your audience running in the other direction, while brands that aren’t afraid to let loose will be welcomed with open arms. This Twitter conversation between Pizza Hut and one of its followers is a great example of a brand having fun with its personality.

Ultimately, building a community of brand advocates today isn't about what you're selling, it’s about what you're saying. Luckily, the casual nature of social media makes it easier than ever for us to talk to our audience like humans.

7. Assuming your social strategy works

In the Mad Men era, measuring the true impact of your marketing efforts was nearly impossible. Luckily, marketers today have more data than ever to truly understand how our efforts impact the company’s bottom line. Still, of the 88% of brands using social media platforms for marketing, only about 37% are taking the time to measure the ROI of their efforts. It’s easy to tally likes and retweets to get an idea of how engaged your audience is on social, but those numbers don’t tell the whole story. There are myriad metrics to consider to help put a dollar value on your Twitter, Facebook or LinkedIn efforts. Having a data-driven handle on your marketing’s impact is something even Don Draper would be envious of.
Today, the customer is in control, and they expect marketers to know where, when and how to connect
Today, the customer is in control, and they expect marketers to know where, when and how to connect with them on social media. Every marketer has a different road map for getting there, but avoiding these seven social mistakes can help us all steer clear of serious potholes.






Friday, 29 August 2014

10 Important Technology Infographics

This time, I’ll be leading you through a more industry specific approach in infographics – technology.

1 – The History of Location Technology

Mashable serves up an interesting historical perspective on the origins of location based technologies. Smoke signals, anyone ? ;)


2 – State of the Internet

Focus.com has a wonderful visual of the state of the Internet. Wonderful colorful slices of age/gender/and country demographics.


3 – What People are Doing Online

It is interesting to not only break down online users by age demographic  – clustering by Internet usage is fascinating when you see how it plays out by age:


4 – The Cost of Technology

Interesting look at how today’s toys size up against gadgets of yesteryear:

5 – The Rise of Netbooks

GigaOM reports on the rise of netbooks from 2008-2010. This is an important advent in tech history, as it allows the user to have a semi-powerful machine built to access cloud computing:


6 – What is Cloud Computing?

If you were wondering what cloud computing was from the last infographic’s reference, Wikibon does a good job laying out the basics of Cloud Computing and Software as a Service (SaaS):

What is Cloud Computing?

7 – The History of the Rickroll

No advancement of technology list would be complete without it ;)

8 – Online Gaming Stats

One of the best things about the Internet these days is the explosive growth of depth and complexity of online gaming:



9 – Phishing for Your Money

Unfortunately, the Internet isn’t just fun and games. Lots of phishing attempts are out to get into to your bank account:



10 – What is HTML5?


With all the news about the Apple iPad not supporting flash in favor of HTML5, I thought it would be useful to end this infographic list with some demystifying of what HTML5 actually is:





Monday, 4 August 2014

Top 15 Most Popular Business Websites

Here are the top 15 Most Popular Business Sites as derived from our eBizMBA Rank which is a continually updated average of each website's Alexa Global Traffic Rank, and U.S. Traffic Rank from both Compete and Quantcast."*#*" Denotes an estimate for sites with limited data.

Yahoo! Finance

Yahoo! Finance

110 - eBizMBA Rank | 75,000,000 - Estimated Unique Monthly Visitors | *50* - Compete Rank | *170* - Quantcast Rank | NA - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



Forbes

136 - eBizMBA Rank | 65,000,000 - Estimated Unique Monthly Visitors | 83 - Compete Rank | 165 - Quantcast Rank | 159 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



MSN MoneyCentral

138 - eBizMBA Rank | 60,000,000 - Estimated Unique Monthly Visitors | *100* - Compete Rank | *175* - Quantcast Rank | NA - Alexa Rank | August 1, 2014. The Most Popular Business Websites | eBizMBA



CNN Money


148 - eBizMBA Rank | 58,000,000 - Estimated Unique Monthly Visitors | *250* - Compete Rank | *45* - Quantcast Rank | NA - Alexa Rank | August 1, 2014. The Most Popular Business Websites | eBizMBA

WSJ

204 - eBizMBA Rank | 42,000,000 - Estimated Unique Monthly Visitors | 221 - Compete Rank | 172 - Quantcast Rank | 219 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



Google Finance


211 - eBizMBA Rank | 40,000,000 - Estimated Unique Monthly Visitors | **180** - Compete Rank | **241** - Quantcast Rank | NA -Alexa Rank | August 1, 2014. The Most Popular Business Websites | eBizMBA


Bloomberg

258 - eBizMBA Rank | 28,000,000 - Estimated Unique Monthly Visitors | 271 - Compete Rank | 161 - Quantcast Rank | 341 - Alexa Rank | August 1, 2014. The Most Popular Business Websites | eBizMBA



CNBC



383 - eBizMBA Rank | 27,000,000 - Estimated Unique Monthly Visitors | 312 - Compete Rank | 189 - Quantcast Rank | 649 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



Fool



388 - eBizMBA Rank | 26,000,000 - Estimated Unique Monthly Visitors | 187 - Compete Rank | 141 - Quantcast Rank | 837 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



BusinessInsider



415 - eBizMBA Rank | 23,500,000 - Estimated Unique Monthly Visitors | 314 - Compete Rank | 712 - Quantcast Rank | 218 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



MarketWatch

428 - eBizMBA Rank | 19,000,000 - Estimated Unique Monthly Visitors | 437 - Compete Rank | *288* - Quantcast Rank | 560 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



BusinessWeek



597 - eBizMBA Rank | 18,000,000 - Estimated Unique Monthly Visitors | 485 - Compete Rank | 450 - Quantcast Rank | 856 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



FT

631 - eBizMBA Rank | 17,000,000 - Estimated Unique Monthly Visitors | 186 - Compete Rank | 632 - Quantcast Rank | 1,076 - Alexa Rank | August 1, 2014. The Most Popular Business Websites | eBizMBA



IBTimes.com


650 - eBizMBA Rank | 16,000,000 - Estimated Unique Monthly Visitors | 652 - Compete Rank | 112 - Quantcast Rank | 1,187 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA



SeekingAlpha


921 - eBizMBA Rank | 15,500,000 - Estimated Unique Monthly Visitors | 830 - Compete Rank | 1,035 - Quantcast Rank | 897 - Alexa Rank | August 1, 2014.
The Most Popular Business Websites | eBizMBA







Tuesday, 29 July 2014

SEO 101: How Important is Site Speed in 2014?

Even incredibly patient people can’t stand waiting in lines – whether that’s at the bank, airport, or pizzeria. We either get bored or angry that it’s taking longer than expected. In fact, businesses learn all about this in Queuing Theory – which uses data to determine if a business should hire more employees or add an additional elevator shaft.

This theory has more recently been used in analyzing web servers. Why? Because waiting for a website to load is no different from waiting in line for a delicious slice of pizza. We want that pizza now. And if it takes too long to get that slice, we’ll walk out the door and find somewhere else to eat. The same is true when surfing online. If a site takes too long to load, we’re outta there.

But, how important is site speed in 2014?

Google Has The Need For Speed

800px Googles Lexus RX 450h Self Driving Car SEO 101: How Important is Site Speed in 2014?

Image Source: Wikipedia

For starters, Google thinks site speed is important. Some would even go as far to say that Google has a bit of an obsession with how quickly a page loads.

Which isn’t exactly breaking news. Google has always rewarded sites that have clean codes and download quickly. This became particularly apparent when the Big G announced its Speed Online Tool in 2011.

From its Webmaster Central Blog, here’s a description of the tool:
At Google, we’re striving to make the whole web fast. As part of that effort, we’re launching a new web-based tool in Google Labs, Page Speed Online, which analyzes the performance of web pages and gives specific suggestions for making them faster. Page Speed Online is available from any browser, at any time. This allows website owners to get immediate access to Page Speed performance suggestions so they can make their pages faster.
But, why does Google care about site speed?

Former Vice President Marissa Mayer asked users if they preferred 10 or 30 results for Google searches. Obviously, web surfers went with the higher number, and Google made the changes.

The result? Traffic dropped by 20 percent on the pages that featured 30 results. Yet, the download speed difference between the pages with 10 and 30 results was only half a second – what an impact!

It should be noted that page speed is one of 200 or so signals Google uses to determine rank. In fact, as Moz has pointed out, page speed has affected less than one percent of search queries.

Keep in mind though, that page speed remains a ranking factor in Google’s algorithm for both desktop and mobile sites. John Ekman explains in an article on Unbounce that faster load times will indeed improve your ranking, as well as help you gain more organic traffic.

So while it’s just one of many factors in determining your site’s ranking, it’s certainly shouldn’t be ignored, especially since mobile sites can be penalized for loading slowly.

Site Speed Improves User Experience

Helping a customer 9787708356 1024x680 SEO 101: How Important is Site Speed in 2014?

Image Source: Wikipedia

Site speed will also improve the experience for visitors.
This should be common sense. After all, how many times have you left a website because it was taking forever to load? But, to convey just how important loading time is for users, here are some fascinating stats:
  • According to a case study from Radware, 51 percent of online shoppers in the U.S claimed if a site is too slow they will not complete a purchase.
  • Radware also discovered in another study that the demand for loading speed has increased over time. For example, in 2010 a page that took six seconds to load witnessed a -40 percent conversion hit. In 2014? That same loading time suffered -50 percent conversion hit.
  • Research has found that 47 percent of web users expect a website to load in under two seconds.
    During peak traffic times, 75 percent consumers are willing to visit competitor sites instead of dealing with a slow loading page.
  • Besides making visitors happy, having a website that loads quickly is good for business. In fact, Strange Loop has stated that just “a one second delay can cost you 7 percent of sales.”
In short, if you want people to hang around your site and make a purchase, it has to load in under two seconds. If not, people have no hesitation in jumping ship to another site.

What Causes Your Page to Load Slowly?

3435380297 d9af6286fd b SEO 101: How Important is Site Speed in 2014?

Image Source: veggiefrog/Flickr

There are a number of reasons why your web page is taking its sweet old time to load. And one of the first places to look is with your host.
Having the right host to fit your needs is a great business move, regardless. Remember, what you pay for is what you get. A cheap host may save you some money in the beginning, but it may not be reliable, which in turn will hurt your business in the long run. Make sure that you select a trusted host that can handle the needs of your business.
But what if you have a great host and are still having pages that load slowly? Here are some other common causes.
  • Unoptimized Images: Unoptimized images actually impact 90% of the sites included in the Alexa 1000. These are usually PNG and JPEG images that have extra data included for comments or because they contain an inefficient DEFLATE compressor. PNG should be used for icons or logos, but JPEGs work better as photos.
  • Widget/Plugin Overload: Sometimes the unsuspecting comment or social media buttons are to blame. For example, Matthew Ogborne discovered that the Facebook Like button was downloading 83 Kb of data at 1.34 seconds of load time.
  • Incompatible Browsers, Plugins, and Apps: Take Flash as an example. It can seriously slow down a webpage. And it’s not even compatible with most mobile devices. Also consider browsers like Chrome don’t always play nice with plugins. Always test your site to see how fast your site is loading on different browsers and devices.
  • Lots of Ads: No one likes tons of ads, but they can also slow down loading time. It only takes that one slow-loading ad to cause visitors to flee.
  • Bulky Code: Whether it’s a code for analytics, sign up forms, affiliates, or inefficient HTML5/ CSS, they can all add up to make your site drag. Try to condense codes and shrinking files.
  • Design Theme: While you want your site to look amazing, make sure you theme isn’t bringing your load time to a screeching halt.
  • External Embedded Media: Media like videos or slide shows may be valuable content, but they can also slow down loading speed because the site they are hosted on may be having issues. Try to host content on your own server to boost speed.

Tools to Test and Improve Site Speed


If you’re still having problems with site speed, or just curious to see how your page is doing in that area, there are plenty of free tools that can test the speed of your site. Here are ten tools that can test and help you improve the speed of your site (editor note: we have no affiliation with any of these listed, except for occasionally syndicating content by Yoast).

WebPageTest

This tool is supported by Google and allows you to run a free website speed test. It provides waterfall charts that break down content, check for Page Speed optimization, and make suggestions for improvements after receiving a page speed score out of 100.

Pagespeed Insights

This is a must-use tool from Google. Besides being easy-to-use, you’ll receive a page speed score out of 100 and analysis of both the desktop and mobile versions of your site. You get recommendations that are divided into high-, medium- or low-priority.

Google Analytics Plugin By Yoast

This is an essential plugin if you have WordPress for SEO purposes, plus it can also determine your load time across multiple browsers.

Yslow

This was designed by Yahoo! and has some pretty neat features like grades determined by predefined rule set or a user-defined rule set, suggestions for improvement, summary of components of the page, and performance analysis like Smush.it and JSLint.

Pingdom Website Speed Test

Probably the best feature about this tool is that it performs tests on browsers like Chrome, which better reflects real-world conditions. Another nice feature is that you can see how well your speed is measuring up to parameters set-up by Google Page Speed and Yslow.

GTMetrix

Your speed will receive two speed page grades from GTMetrix and Yslow, plus a charted history of page load times, analysis page sizes, and request counts.

P3 (Performance Plugin Profiler)

If you use WordPress, this is a plugin you shouldn’t miss. It examines which plugins are slowing down your site. Once this is installed you can even use it to test other speed-increasing plugins like Theme-Check.

Webpage Analyzer

Provides you with page size, composition, and download time. This tool also comes with a summary of page components with advice on how to improve page load time.

Load Impact

Unlike the other tools we’ve listed, Load Impact simulates a scenario where your page is flooded with users. This simulation will determine the areas where your site cracks, as well as how to fix any problems before they happen.

Page Speed Tool (Internet Marketing Ninjas)


Provides a complete analysis of page load time, how long it takes your page to load at different connection speeds, plus a report on external CSS, Javascript, and image files.

Source - SEO 101: How Important is Site Speed in 2014?

 

Tuesday, 8 July 2014

Mobile Now Exceeds PC: The Biggest Shift Since the Internet Began

If you’re still struggling to leverage the website to support goals, you have some catching up to do, as the landscape has recently experienced a tectonic shift.

Mobile Exceeds PC Internet Usage for First Time in History

In early 2014, the landscape in which businesses operate changed forever when Internet usage on mobile devices exceeded PC usage.

Time Spent on Internet Desktop vs Mobile

It has taken considerable time for businesses and brands to embrace the potential of the Internet. Today, most recognize the Internet as a vital foundation for everything from operations to marketing and sales to logistics, CRM, and customer service.

Still, many businesses and brands struggle to truly leverage the digital landscape to meet the expectations of their customers. Many more will struggle with the migration of audiences (customers) to mobile.

The time has come to seriously consider integration of mobile-friendly versions of all mission-critical assets: applications, data, the website, communications, demos, sales materials, customer service, etc.

What Are Consumers Doing on Mobile?

How do consumers use mobile devices to access the Web? According to Online Publishers Association/Frank N. Magid Associates:
  • 99.5 percent access content/information
  • 63.1 access the Internet
  • 62.1 percent check email
  • 49.2 percent listen to music
  • 46 percent play games
  • 41.7 percent download and use apps
  • 15 percent make purchases
  • 15 percent read a book

Shift to Mobile Impacts B2B Significantly

If you imagine that the mobile usage is merely a reflection of consumers logging onto social media, checking email or conducting search, or shopping, think again.

Executives lead the way in mobile adoption, validating the theory that digital assets for a business or brand must serve target audiences 24/7, and not just during business hours.

What Time of Day Do B2B Professionals Conduct Mobile Research

Meeting your customers wherever they work is no longer a luxury – it is a necessity. If you wish to convert interaction to action you must compel the decision-maker.

B2B Decision-Makers Rely on Mobile Devices

Mobile is preferred over the PC for executives conducting research during and after office hours, according to the IDG Global Mobile Survey 2014.
  • 92 percent of executives own a smartphone used for business.
  • 77 percent of executives use their smartphone to research a product or service for their business.
  • 93 percent of executives will purchase that product via the Internet using a laptop or desktop.
  • 86 percent use their tablet and 72 percent of executives use their smartphone to conduct research for products or services for their business.
Business Product Research on Mobile

Executives rely upon mobile devices (tablets and smartphones) to conduct business research more frequently in the evenings than any other time of day.

Mobile as a Competitive Advantage

Whether your day-to-day focus is business management, marketing, sales, SEO, social media, advertising, software development, or customer relationship management, the mobile device has increasingly become the preferred tool for work and communication. How quickly and effectively an organization plans, develops, and adapts to deliver quality mobile experiences will likely become a competitive advantage.


Some organizations may continue to view mobile as an “add-on” or supplementary effort when planning for digital interaction with customers. However, those who embrace the shift in behavior and deliver what their customers want and need to make a purchase decision will likely be the ultimate winners.

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Thursday, 3 July 2014

The 8 Best Industries for Starting a Business (In Detail)


Digital detective. Health care disrupter. Purveyor of all things organic. These are just some of the most promising ground-floor opportunities in 2014.

Some entrepreneurs are drawn to the New New Thing; they hunger for a first-mover advantage. To them we say, best of luck. Others want to enter a promising industry early on, but with some evidence that the industry actually exists and has room for new players. To them we say, welcome.
Our annual look at the best industries for starting a business is based on a range of research, interviews, and scouting reports. We’ve identified a cross section of businesses that call for a variety of skills, from technological expertise to retailing savvy to, above all, the ability to innovate. Think of these industries not as New New but as Hot Hot. They are up and running but still very much in their early days. If you have the right skills and focus, you have plenty of opportunity not only to jump on the bandwagon but to call the tune.

Jeff Bezos triggered a near-meltdown in the Twittersphere when he suggested that Amazon might deliver products via drones. Closer to earth, Amazon did spend $775 million in 2012 to buy Kiva Systems, which manufactures robotic automated guided vehicles, or AGVs. These devices automate many earthbound warehousing and logistical functions, such as picking products to fill a specific order and prepping them for loading onto good ol’ trucks. Though they may lack the sci-fi sexiness of drones, AGVs such as forklifts, loaders, and towing vehicles are increasingly in demand, as companies pursue a Warehouse 2.0 strategy, using any and all technologies available to cut costs and speed up fulfillment. 

Why it’s Hot: AGVs are used in numerous industries, including pharmaceuticals, chemicals, food, automotive, warehousing, and other businesses that require the movement of materials. 

The Downside: Startup costs are high. We’re talking about a sophisticated manufacturing operation here, often reliant on raw materials including steel, which has been getting more expensive. The technology is also evolving fast, which means keeping up with the latest trends in laser targeting, gyroscopic, optical, and magnetic navigation systems. 

Skills Needed: Experience in robotics and computer systems. If you lack the capital or partnerships to jump into manufacturing, you could focus on software or subcomponents. 

Competition: There is no dominant player, but the top four companies account for half the industry revenue. Savant Automation, Dematic Group, and Bastian Solutions are among the companies that merit a look as you research this market. 


The housing industry is returning to a state of market equilibrium as supply and demand balance and prices rebound. One particularly robust sector is green construction, which emphasizes designs and materials that maximize energy-efficiency and environmental sustainability. New building codes and tax credits are helping the sector take off. 

The Outlook: Demand is booming. Within the next two years, more than half of all commercial and institutional construction will have a decided tint of green, according to the U.S. Green Building Council. 

Uncle Sam Wants You: At least half of all green construction projects will be funded by U.S. government agencies, as new schools, government offices, and other projects must meet more stringent standards. 

Industry Buzzword: LEED, short for the Leadership in Energy and Environmental Design program. You’ll want to bone up on certification requirements. 

Barriers to Entry: Skilled workers are scarce, and an established reputation really helps. 

Competition Traditional builders have jumped into green building, and the number of new companies is growing by 15 percent annually. 


Talk about the intersection of two hot trends: The world is going mobile, and everything regarding health care is up for a rethink. Put them together, and you have “mHealth,” as in “mobile health.” An aging population, increasing chronic illness, accelerating health costs, new regulatory reforms, and increased consumer demand for health information and self-care will have doctors, patients, and everyone in between eager to see as much health information as possible made available on every kind of mobile device. 

Vital Signs: The global mHealth market is poised to surpass $10 billion by 2018. 

Bone Up: Though it’s not exactly a beach read, the fine print of the Affordable Care Act can point you to opportunities in specific sectors. 

Promising Niche: Remote patient monitoring. mHealth apps promise to cut the time and money spent on visits to the doctor’s office by remotely tracking measures related to many chronic illnesses. 

Technical Challenge: Security. As more patient data is captured, companies risk violating rules under the Health Insurance Portability and Accountability Act, or HIPAA. 

Competition: Companies specializing in everything from medical devices to exercise gear are jumping in. HealthTap, Patient Conversation Media, and Informatics Group offer some useful lessons on where things are heading. 


As consumers awaken to the presumed health benefits of foods such as kale and quinoa, retail stores specializing in organic, gluten-free, and healthful foods are sprouting up everywhere. There has also been a parallel boom in the businesses creating the foods these stores sell. Since 2003, an average of 4,300 specialty-food products have been launched. Though we may not yet be at the “Salad: It’s What’s for Dinner” stage, we’re eating a wider variety of healthful foods than ever. 

Big Appetites: Total specialty-food sales in 2012 topped $85 billion, according to the Specialty Food Association. The fastest-growing segments are energy bars and gels and shelf-stable beverages. Interested in something more indulgent? Artisanal cheeses are huge. 

Promising Niches: Ninety-five percent of specialty-food stores carry all-natural products, and 88 percent are riding the locavore train, with “local” foods defined as those produced within 200 miles of where they are sold. 

Startup Need: For retailers, a store. The size of the average specialty-food store is slightly more than 5,000 square feet, with room for some 1,400 products. Location is key, because you’ll need to be close to customers willing to pay for premium products. For would-be food makers, you may only need a good recipe, quality ingredients, a commercial kitchen, and a van. To start, anyway. 

Competition: National chains such as Whole Foods, regional players like Mom’s Organic Market, and expanding organic offerings from traditional grocers and big-box retailers, including Walmart. 


One of the fastest-growing segments of online retailing focuses on the needs of consumers who don’t use computers (or at least, not well): babies. Products from diapers, clothing, and shoes to feeding aids, strollers, and furniture defied the recession and remained in high demand. The demand is still intense, and increasingly it is being satisfied online. Baby apparel alone will ring up $6 billion in e-tail sales this year. 

Growth Spurt: Experts say demand will increase over the next five years, owing to demographic factors (primarily, an increased birthrate) and a rise in disposable income that will prompt busy parents to shop from their couches whenever they can grab a few minutes of peace. 

Promising Niches: More than 40 percent of all revenue in this sector comes from the sale of diapers, so think outside the training pants. Organic skin care and branded baby clothing, however, are the kinds of things that can help you carve out a space. 

Competition: Getting noticed could be tough: By 2018, it’s predicted, there will be more than 6,000 baby-product e-tailers. Look at i play, 4Moms, Babyhaven, and Happy Family Brands for inspiration. 


It may be a small world, but it certainly has a lot of languages. More than 6,700, to be semi-exact. As businesses become more global, demand for people (or companies) who can bridge the language divide is growing. An increase in foreign tourists visiting the U.S. is also a factor, as is the need to communicate with Hispanic and other non-native-English speakers now living in the U.S. 

Talking Points: A big opportunity can be found in website localization. As U.S. companies look to expand into markets such as China, Brazil, Russia, Eastern Europe, and the Middle East, there will be increased demand for individuals and companies that can translate English-based sites into local languages. One recent study found that just 20 percent of the top U.S. retailing sites have information translated into a language other than English. 

Promising Specialties: U.S. health care companies, which are rapidly expanding into South America, Canada, Europe, and the Asian-Pacific market. There is also high demand for translating official immigration documents, including birth and marriage certificates, and diplomas. 

Big Threat: Automation. The use of artificial intelligence, as well as voice and optical character recognition, is expected to increase drastically in the next five years. And, of course, there are apps for this. 

Competition: There are about 50,000 translation businesses out there, but 95 percent of them are individual operators, so the opportunity to pursue this field as a true business is grande. 


The proliferation of smartphones, tablets, and PDAs has brought with it the very real possibility that people will have an increasing need to retrieve precious data, either because they’ve lost it (think a CFO’s laptop falling down the stairs) or because someone is trying to hide it (think computer crime). As a result, the demand for digital forensic services is booming. 

Promising Niches: The crime-fighting side is where the action is. Companies that can assist investigations into phishing schemes, bank fraud, and child-exploitation cases will be in high demand. The ability to recover data from compromised machines and networks is also promising; it’s expected to account for half of all sector revenue over the next few years. 

Barriers to Entry: You’ll need the technical chops to retrieve data from hard drives, networks, and the cloud, which has greatly complicated the tracking of data. You’ll also need to know about regulatory and compliance issues, and you may need certain security clearances if you pursue government work. 

Competition: There are companies that specialize in this area, and traditional IT-services companies and large consulting organizations are also touting their forensic capabilities. Check out AccessData Group, D4 eDiscovery, and CaseDriven Technologies. 


As tablets become the de facto portable business device, companies want to help employees be more productive by making sure simple (but critical) functions are just an icon-press away. In this world, you are really limited only by your imagination. And coding ability. 

Skill Set: The hot programming languages to know for building business apps are JavaScript and HTML5. From a software-design standpoint, think about building simple mobile apps that can be integrated to create larger applications. 

Promising Niche: Corporate social software. Apps that help your employees share what (and who) they know with one another, so that one person’s connection becomes everyone’s connection. That can help with a number of things, from hiring the best people to landing new clients. 

Who’s Buying?: The greatest demand is coming from financial services, manufacturing, the federal government, retail, communications, and high tech. Big companies tend to prefer big vendors, but if you have a clever app you can get their attention. Small and medium-size companies are more amenable to small businesses and even sole proprietors, but they don’t have deep pockets. 
Competition: Have you visited an app store lately? It’s a crowded field, so in addition to searching out companies whose apps might be close (but not too close) to yours, also invest in social-media expertise and create a great website. Both are table stakes for getting noticed and can also highlight your tech savviness and industry knowledge.