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How One Quiryky Toy Company Gets Open Innovation Right

How One Quiryky Toy Company Gets Open Innovation Right | Startup Revolution | Scoop.it

Quirky Toy Company
Reading about Fat Brain's openness to innnovation and innovators reminded me of trying to sell my magnetic word game, Poetryslam, to Milton Bradley.

Every major toy company DOESN'T WANT (or didn't want) to talk to innovators. So sure where they your pitch would be something they already had in their files.

Stupid is as stupid does and this post about Fat Brian shows what a nimble competitor can do against such petrified thinking. Post reminded us of Quiryk.com. Our company, Curagami, is about to pitch several major clients on why they need a Quirky-like playground where innovators share, talk and receive the legitimacy they need.

If that sounds like we will be hatching a handful of mini-Milton Bradley's powered by ideas, smartphones, laptops and cool ideas you got it right. And why not? Fat Brain may get it, but they are still in the miniority in the less digitally innovative than they need to be toy biz. 

 

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How To THINK Like An Online Marketing Pro

How To THINK Like An Online Marketing Pro | Startup Revolution | Scoop.it

Training Your Mind
The hardest thing we teach our clients and anyone who will listen is becoming a great web marketer means letting go of a lot of preconceived notions about how things work. Here are the 5 secrets we share in our must recent Curagami post on learning how to think like a pro:

* Start with Why
* Gamify and Diversify

* Double Down

* Become A Nowist

* Baseball not Football

http://www.curagami.com/think-online-marketer/?v=7516fd43adaa  

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Want Crowdfunding To Work? Read This - Curagami

Want Crowdfunding To Work? Read This - Curagami | Startup Revolution | Scoop.it

How Crowdfunding Can Work
Great Josef Holm post on Krowdster about why crowdfunding campaigns fail also shows why and how they can work. Easy? Not even a  little bit, but crowdfunding is an important new marketing channel.  

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Recycle Old Blogs Into Shiny New Content (Part1) For Startups

Recycle Old Blogs Into Shiny New Content (Part1) For Startups | Startup Revolution | Scoop.it

Marty Note

Startups are so pressed for time they often ignore or make a C priority developing content marketing. That is a huge mistake when it comes time to close a round of funding.

Startups with following have leverage and so may survive. In this excellent two part series Andrian Leighton shares tips on how to blog and how to recycle old blog posts into new content. With these tips every startup has the time to develop the most overlooked but important thing almost all startups overlook - effective content marketing.

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Web Analytics For Non Quants via @Curagami

Web Analytics For Non Quants via @Curagami | Startup Revolution | Scoop.it

Web Analytics for non Quants
This Curagami post demystifies web metrics with simple questions, easy to understand ideas & proven lessons. Want to understand web metrics? Follow these tips and you will be managing your site' metrics like a pro.
http://www.curagami.com/featured/web-analytics-for-non-quants/

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Content Curation: 7 Things Merchants Must Know - via @Curagami

Content Curation: 7 Things Merchants Must Know - via @Curagami | Startup Revolution | Scoop.it

Why Content Curation Is Coming To B2C Merchants
In Curagami's 2nd guest blog post @Cendrine Marrouat - https://www.cendrinemedia.comshares 7 Content Curation Tips online merchants must know including:

  • Definition of content curation.
  • Why content curation?
  • Benefits of content curation.
  • Ideas to leverage content curation.
  • Examples of content to curate.
  • Tips to become a great content curator
  • Some curators to follow


http://www.curagami.com/featured/content-curation-7-things-merchants-must-know/

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Hey Startups Stop Making Sense via @Curagami

Hey Startups Stop Making Sense via @Curagami | Startup Revolution | Scoop.it

We are emotional people on a spiritual journey. Why is logic the most common approach to online selling? 5 Tips so your digital marketing makes less sense.

Startups BELIEVE in the widget. Talk to any Venture Capitalists and they will tell you they invest in teams not ideas. Ideas change. Teams capable of making the many pivots any new idea needs are worth their weight in gold.

Go to 100 startup websites and teams, if they are there, are pushed to the background as the WIDGET takes center stage. This is because we believe the way to "make a sale:" is to use logic.

Logic is tyranny when what we seek is emotional connection . This post shares 5 tips to avoid logic's tyranny:


* Listen More.

* Control Less, Collaborate More.

* As community forms listen and curate.

* Empower your advocates and Sherpas.

* MOVEMENTS not campaigns.


Startups need to forget the widget and remember we are spiritual beings having a human experience not the other way around.


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7 Business Lessons from CNBC's "The Profit" by Marcus Lemonis

7 Business Lessons from CNBC's "The Profit" by Marcus Lemonis | Startup Revolution | Scoop.it
Lessons by Marcus Lemonis of CNBC's hit show, "The Profit", for small business owners. We take a close look at lessons learned from all Season 1 episodes.
Martin (Marty) Smith's insight:

Great companies mentioned here along with 6 great Small to Medium Sized Business Tips:

Communication
Season 1, Episode 1: Car Cash

Passion
Season 1, Episode 2: Jacob Maarse Florists

Integrity
Season 1, Episode 3: Planet Popcorn

Business isn’t personal
Season 1, Episode 4: Eco-Me

Value your people

Season 1, Episode 5: LA Dogworks

Know your numbers
Season 1, Episode 6: Mr. Green Tea

  

 

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Content Marketing Shares For Startups - Trending on Curtti

Content Marketing Shares For Startups - Trending on Curtti | Startup Revolution | Scoop.it

Content Marketing For Startups
Content marketing authority is something everyone wants yet few realize the fastest way to achieve what they want is to share, share, share. The 4 Sharing Tips:

* Give Expertise Away, but not 100% (find a way to create ROI too).

* Following Is Currency, So SPEND IT.
* Presence Makes you REAL.
* Trust in KARMA of the SHARE.

Post is trending on Curatti after going live on Tuesday. This "bean stalk" is an important content marketing one for startups to climb. Being a startup is solipsistic and self referential when it needs to be open kimono authentic and all about sharing. Share EVERYTHING.


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15 Blogs For Tech Startup Press Coverage

15 Blogs For Tech Startup Press Coverage | Startup Revolution | Scoop.it
Getting your tech startup covered in press isn't easy. Nonetheless, it's one of the most valuable activities which provides your endeavor with links and
Martin (Marty) Smith's insight:

Startup Press Coverage
Couple of suggestions on top of this article. Follow these blogs before you send them an email asking for something. Follow their Tweets and get to know their blog voice and tone.

Next check out their writers and publishers on LinkedIn. Get to know their backgrounds and what kinds of stories they like to cover and with whom. Writers have specialties. One writer might do all the new app cover another covers new CMS or CRMs.

Finally make sure your web presence is solid before you seek coverage. Any ASK of a PR contact will result first in a visit to your site. Make sure your site is consistent with your email, engaging, exciting and full of the kind of candy the blog likes to discuss.

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When is the best time to launch a crowdfunding campaign?

When is the best time to launch a crowdfunding campaign? | Startup Revolution | Scoop.it
What time of year, week, day is best? This is a question I am often asked at workshops. There is of course no one answer but here are some questions you should ask yourself. When do you need the mo...
Martin (Marty) Smith's insight:

Agree with this post. You might think crowdfunding around Christmas would be great. Not so much since there is so much NOISE and competition for every dollar.

Can you tell a great story and still get crowdfunded in 4Q? Sure, but exceptions make rules. The possible exception may be nonprofits whose donations would be tax deductible.

Even then every nonprofit is aware of the end of the year rush to take advantage of tax deductibility and because people feel good will toward each other during the holidays (or that is the theory :).

My preference would be to come in after the first of the year. Wait too long and you miss planning cycles, go too soon and you can get caught up in New Year's resolution and post-holiday assessments.

My second time would be dog days of summer. That timing may seem strange, but after July fourth nothing much happens until back to school begins in mid-August.

The other lesson I learned by launching http://www.curecancerstarter.org, our crowdfunding cancer research website, is to seed your campaigns. Launch when you have 25% of the funding set.

Seeding creates a sense of momentum and excitement. Most crowdfunding campaigns start strong, bow in the middle and then finish up strong (as they head into deadlines). Saw a stat on Kickstarter that campaigns with at least 25% in by the end of the first week have an 80% chance of being funded.

Have a "funding party" and line up your donors on a "roll call" count basis. If you are asking for $10K, and most Kickstarter campaigns are funded for $10K or less, then make sure you have $3K (or so) in the campaign in the first few days.

YOUR list is very important too. Your list is the key to reaching "friends of friends" (or people you don't know). Great to think your idea would be picked up by the NYT, but better to work your list and ask for two things:

$ MONEY.
Advocacy (with their friends).

Make giving both of those as easy as possible.

Find more #crowdfunding tips on GPlus:
https://plus.google.com/102639884404823294558/posts/LtuwAmMpcF3

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Secrets For Revolutionaries via ScentTrail Marketing

Secrets For Revolutionaries via ScentTrail Marketing | Startup Revolution | Scoop.it

Creating A Revoltion is HARD
May be hard, but MOVEMENTS are powerful ideas. Campaigns are not movements. Campaigns are more about YOU than THEM. My advice is learn secrets for revolutionaries and remove US vs. THEM makreting in favor of Save The World Marketing.

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Steps On How to Acquire Customers For Your Startup [INFOGRAPHIC] |

Steps On How to Acquire Customers For Your Startup [INFOGRAPHIC] | | Startup Revolution | Scoop.it

Step by step guidelines for startups on how to acquire customers.

 

Full image at: http://ijustdid.org/2013/08/customer-acquisition-guide-for-startups/

 

Source: http://onboardly.com/customer-acquisition/the-step-by-step-guide-to-startup-customer-acquisition-infographic/#.UiIpSdJHKo0


Via Gerrit Bes
Martin (Marty) Smith's insight:

Great content marketing infographic for startups. 

Nadia Christian's curator insight, September 3, 2013 10:21 AM

As a start-up if you aren't sure how to get started acquiring customers, here is a visual to get you going.

Sieg Holle's curator insight, September 7, 2013 5:38 AM

We are going to py this to the test using e-cigarrettes which solves the cancer or anti tpbaccp health agenda 

Thibaut Odeyer's curator insight, November 20, 2014 7:56 AM

Etapes à suivre pour attirer sa clientèle potentielle 

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How A Startup Built A Community With Content Marketing | NewsCred Blog

How A Startup Built A Community With Content Marketing | NewsCred Blog | Startup Revolution | Scoop.it
When we read about content marketing successes, we so often hear stories from glamorous industries with substantial budgets, but YNAB is not one of these stories. In fact, it couldn’t be farther from that reality. It is however, a success story of David vs Goliath proportions, building a thriving community of users in a highly
Martin (Marty) Smith's insight:

Yeah, every startup I've ever met or worked on should be reading this post. Content marketing and content curation is so much more important than any startup team realizes and as this post proves. The first startup with a Chief Content Officer is something you should invest in.

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Startups: Why Adding Scoopit Magazines Is Great Content Marketing

Startups: Why Adding Scoopit Magazines Is Great Content Marketing | Startup Revolution | Scoop.it

Adding Scoopit Magazines
This post shares the easy how and why of adding @Scoop.it "magazines" to your blog or websties. We work with and around a lot of startups. Every startup is so widget focused they have a hard time creating the content marketing needed. 

Why is content marketing so NEEDED for startups? Well let's see. Want to get funded? Want to scale? Content marketing can help, but virtually no startup thinks that way. 

Every startup we know is so widget focused they can't see forest for trees. Widget focus isn't unimportant, but at some point soon you will need to sell that widget to someone for money. Content is the magic key in that "sell to someone for money" door. 

The best return on any startup's content marketing time is to curate content - i.e. leverage brand relevant content from experts. When you don't have time or inclination to create great content you can get more reach and return from finding highly relevant sources (for your business content) and curating them. 

Be sure to follow and contribute to those who you curate from too (or your curation can feel like stealing). This Curagami post explains how easy it is to curate content with Scoop.it and then add the magazines you create to your startup's blog or site. 
 

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Web Marketing 101 For Car Dealers via @Curagami

Web Marketing 101 For Car Dealers via @Curagami | Startup Revolution | Scoop.it

Interesting, funny & sad watching car dealers create web & social marketing. Getting better is easy, fun and CHEAP as Web Marketing For Car Dealers shares.

We think of car dealers as "startups" because they need to start over and pivot their THINKING. Many of the tips shared in this Curagami post (http://www.curagami.com/magical-thinking/web-marketing-101-for-car-dealers/ ) such as:

* People not THINGS Sell.
* Stories and People, People and Stories...matter.

* Humanize your approach and thinking.

* Let THEM (customers and brand advocates) HELP.

apply to stsrtups too so killing a pair of birds with a single blog post today. Picture is of me (left) and Travis Lunsford in front of a ROGUE (seemed appropriate lol).

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The New E-commerce Must Tell Stories - Paper.li Interview w/ @Scenttrail

The New E-commerce Must Tell Stories - Paper.li Interview w/ @Scenttrail | Startup Revolution | Scoop.it
Two years ago, we published a two-part post on social media marketing safety with Internet marketer, curator, cancer survivor, entrepreneur and Friend of Paper.li, Marty Smith.

Well, guess what? Marty is back. And this time, he will share his journey and thoughts on entrepreneurship, e-commerce, social media and how his battle against cancer has shaped his thinking.
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10 Truths of Simply Selling [Slidedeck] | Tactical Sales

10 Truths of Simply Selling [Slidedeck] | Tactical Sales | Startup Revolution | Scoop.it
It’s time we take a step back, away from all of the ideas and best practices of sales and the art that is selling and consider what the simple, indisputable truths are of selling.
Martin (Marty) Smith's insight:

A tad "old school" but helpful selling tips such as:

#1 Initiating Contact


#2 Quick Qualification

#3 Demonstrate Your Offer

etc.


There are 10 similar "sales 101" tips. P&G taught me an excellent format to tell a sales story (back in the day lol):

Summarize The Situation (set up your pitch factually)
State The Idea (clear, short, punchy)
Explain How It Works (use examples and made to stick analogies)
Share Benefits (only two benefits make or save money)

We BUY with EMOTION and that format is organized around logic, but skillful salespeople know how to weave that format into what feels like a spontaneous and relevant story.

One of my favorite quotes is the old Indian saying:

Tell me a fact and I’ll learn. Tell me a truth and I’ll believe. But tell me a story and it will live in my heart forever.

Use the P&G format to organize but then riff a story, follow up with relevant links and social media to "simply sell" today.

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The Pinterest One Step - Generated Leads By Pinning & Avoid These 7 Costly Mistakes

The Pinterest One Step - Generated Leads By Pinning & Avoid These 7 Costly Mistakes | Startup Revolution | Scoop.it

Last month, 14% of our website visitors AND new contacts came from Pinterest. Pretty good, right?


Well, for one of our clients, 48 percent of his traffic 57% of new contacts came from Pinterest.


...This example of the smoothie recipes is almost too easy. I know. But that doesn’t mean your landscaping company has no choice but to create ebooks about smoothies! Let’s say you created an ebook on starting a vegetable garden. The planning process may be broken down into  a few steps. Then there is preparation, a trip to the nursery or hardware store, etc. Each of those steps could use its own pinnable image. You could either create one template and change out the text. Or, you could use colorful images of vegetables and gardens with some text outlining a specific tip or step in the process.


And that, my friends, is my #1 tip for how to get massive numbers of leads from Pinterest.





Via Jeff Domansky
Martin (Marty) Smith's insight:

add your insight...



Jeff Domansky's curator insight, September 10, 2014 2:48 AM

On Pinterest, it's all about the pictures. Here's how to get better results.

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Why Startups Should Use Pinterest

Why Startups Should Use Pinterest | Startup Revolution | Scoop.it

Pinterest & Startups
This image of Batgirl staring out of a doorway is one of Scenttrail's most popular pins (http://www.pinterest.com/scenttrail/ ). Pinterest is important for startups because:

* Marketing is becoming VISUAL & Pinterest excels at visual marketing.

* Pinterest is asynchronous to other social nets.
* Pinterest is EASY and doesn't require much time.
* Pinterest creates community faster than other social nets.

That last bullet should have a caveat. Pintererst builds community FAST once you figure out the secret handshake. I was frustrated with how long it was taking to develop a following.

I would share content on Pinterest and I could never understand what seemed to matter, so I shared LOTS more content (one key to success). I also Repinned from others and commented on pins.

All of those tactics helped, but the real dam breaker was creating the King and Queen of Pinterest boards:

http://www.pinterest.com/scenttrail/queen-of-pinterest/

http://www.pinterest.com/scenttrail/king-of-pinterest/

The real winner is the Queen of Pinterest with over 400 pinners now and a great daily rhythm. Community boards do get spammed so I developed some simple guidelines, pinned those guidelines (and do so again and again when the board starts to get spammy).

The victory with King and Queen of Pinterest shares an important secret. Pinterest is a tad solipsistic. People who love to pin really LOVE to pin. There are cult-like moments (lol). So one way to connect is to have a board that shares obsession with Pinterest.

Your startup may not be obsessed with Pinterest, but bet you need to develop a following. When I started the King and Queen of Pinterest boards I had 114 followers. Now, about six months later, Scenttrail has more than 5,000 followers.

Cool thing about community boards is people begin to tell their friends. I invited about half the people pinning on Queen of Pinterest. Interesting I invited 90% of the men (lol). Women understand the core of social media better. They are more naturally social about topics that people love to pin about such as culture, art, celebrity, travel, weight loss, etc...

If you are a startup you should be using Pinterest if only because it builds community, once you figure out a secret or two, faster than any other social net. The other reason Pinterest is important for startups is its focus on asynchronous visual marketing. Learn "asynchronous marketing" even a little and your startup will rock.

Antoine Catt's curator insight, May 28, 2014 2:45 AM

Pinterest: easiest, fastest way to get startups build a community and recognition.

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Creating CrowdFunde's New Logo - Crowdfunde

Creating CrowdFunde's New Logo - Crowdfunde | Startup Revolution | Scoop.it

Creating CrowdFunde's new logo includes our rough drafts along with a short description of why the graphic design ended up where it did.

As I share in this post about the process of creating a logo any graphical communication should lead, follow or get out of the way (lol). In this case WTE.net's designer Rachelle Leath suggested something I didn't see - she made Funde green.

That may seem like a small thing, but it isn't. I've been working on this logo for months and felt like I had it close. I needed another pair of eyes, a pro graphic designer to supplement my amateur efforts (lol).l

Once I saw Funde i green my immediate reaction was, "That tells a better story". Every element needs to tell a story especially a logo. Sometimes I have the logo creation story all worked out. Not this time.

This time I had a good design, but I missed Rachelle's idea to emphasize CROWD and Funde. This emphasis helps tell CrowdFunde's brand story. The positioning of crowdsourcing and content marketing FUNDED by crowds is easier to SEE now. This new logo begins to tell that story right off.

When you create a hook like Funde in green the minute you explain it your visitors will have a V8 moment. They will smack their head and your story and graphic will feel easy, understandable and fun.

Great job by Rachelle and WTE team helping to create a new CrowdFunde logo. Now our job, as the marketing team, is to craft a brand story consistent with the new logo. I like to write a short story ABOUT the logo. Why?

A good logo prompts curiosity, so answer the unstated but prevalent question of why we crafted the logo the way we did provides another brand positioning and storytelling opportunity.  

Jaap de Witte's comment, April 7, 2014 9:26 AM
nice man
Jordy Weijers's comment, April 7, 2014 9:26 AM
ja
Jaap de Witte's comment, April 7, 2014 9:27 AM
nee
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6 Startup Tips From The Lean Startup By Eric Ries

6 Startup Tips From The Lean Startup By Eric Ries | Startup Revolution | Scoop.it

The Lean Startup
Every entrepreneur and wannabe entrepreneur should read Eric Ries' The Lean Startup. Here are 6 Tips from the book:

* Build an "Innovation Factory" Using Lean Startup techniques.

* Validated Learning most important "product" in any startup.
* Find what assumptions are BRILLIANT & which ones are CRAZY.
* Create a testing & experimentation culture & experiment based on vision, core values and feedback.

* You don't know what "quality" is yet, so go early, ugly and fast and refine from feedback.

* Get Out of the Building meaning get your ideas in front of real customers as soon as possible. 

Highly recommend The Lean Startup and not JUST for startups. Great book for intrepreneurs, people trying to innovate within Fortune 1,000 companies, too.  

Marshall Van Fleet's curator insight, February 15, 2014 7:51 AM

I am recommend taking the advice from this book if you are planning strategy for a new entrepreneurial start-up or if you want to reinvent your current entrepreneurial venture... 

Brett.Ashley.Crawford's curator insight, February 15, 2014 10:43 AM

Excellent for all nimble businesses (or those who would like to be).

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Creating Digital Marketing Ecosystems For Traffic & Money - Curatti.com

Creating Digital Marketing Ecosystems For Traffic & Money - Curatti.com | Startup Revolution | Scoop.it
Without revenue a small business is just a hobby.  So, how does a typical small business go about getting clients and revenue?
Martin (Marty) Smith's insight:

Without revenue a small business is just a hobby.

Typical small business marketing follows a path of diminishing returns. 

 

Great Curatti.com post by @CogentCoach Michael Nelson. Agree, " Without revenue a small business is just a hobby." Also agree, " Typical small business marketing follows a path of diminishing returns", but have a thought to add there. 

Michael discusses the diminishing returns of a reference network that slowly decays out (from previous employer). Diminish returns also applies to many things Small to Medium Sized Business do to "advertise" their business. 

All the networking, advertising and hand wringing a SMB does WITHOUT a viable website / blog is diminished by more than half. The ONLY way to assure what you did today GROWS is to create a "getting bigger everyday" online presence (period, full stop). 

Important to find marketing that produces the opposite of "diminishing returns', marketing where you get MORE back from less effort over time. Michael describes this well too:

This saturation and frequency of use make digital marketing a great option for marketing and building relationships with your prospects and clients.


"While digital marketing is a great option, it is a confusing milieu of platforms, services, tools, etc.  Rather than chasing about trying to do a bit of everything, it’s best to create a system and measure your results.  When you get comfortable, you can add a bit more or expand your reach with your system."

"Create a system" or as P&G taught me all those years ago, "Work your plan" is important. Here are some tips for that system:

* Do a core set of activities DAILY.

* Always reserve 20% (or so) of your time to test new ideas, tools, websites, and partners. 
* Reserve another 20% of your time to respond to and curate content from your previously shared content. 
* Follow people who help you (since it is an online Thank You Note) and follow people you can learn from. 
* Keep life and business in balance and don't get discouraged since it can take months or a year before content marketing begins to scale. 
* Don't worry about "breaking" anything. Internet marketing is like building sand castles on the beach and the tide is always about to come in. 
* Learn to SURF trends, don't try and wrestle them. 

Great post and YES you must build a viable, sustainable and growing Digital Marketing Ecosystem if you want to do anything these days. 
Marty 

 


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13 Most Effective Crowd Funding Tips For Startups

13 Most Effective Crowd Funding Tips For Startups | Startup Revolution | Scoop.it

All startups need money, unless the owners are loaded. Where does that money come from? From fundraising efforts, both offline and online. Online fundraising is a lot more effective because of its sheer reach. Here are several tips for startups on how to obtain crowd funding for their projects.


Via The Fish Firm II
Martin (Marty) Smith's insight:

13 great tips here and about half of them are just great internet marketing tips. 

jg3000's curator insight, November 30, 2013 11:52 PM

Thanks for the vital tips.

Happy Holidays!!!

mohammed lakhlili's curator insight, January 7, 2014 3:53 PM
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Cordialement

 lakhlili@yahoo.fr

 
Silvia Aris's curator insight, March 5, 2014 6:11 AM

Seguire questi 13 passaggi è un ottimo modo per gestire il crowdfunding della vostra startup. Se avete in mente di finanziarla con questo metodo, i consigli di Art Of The Start fanno al caso vostro.

Suggested by Agnipravo Sengupta
Scoop.it!

Why Should A Startup Have A Social Media Presence?

Why Should A Startup Have A Social Media Presence? | Startup Revolution | Scoop.it

SHARE First & Worry About Everything Else Second
This Business 2 Community post is written for "business" but certainly applicable to startups. Startups must realize that "process is product". 
Process is product means everything you are doing right NOW is a product. 

The soon a startup begins publishing, broadcasting and sharing the easier it gets, the richer the fast feedback loops become and the more chances for success they create. 

Many startups think what they have is so amazing that it can't be shared. With few exceptions (biotech) it is NEVER the case that your thoughts are unique or so unknown that your share will quake the world. 

Any business is created in the execution developed for the idea. To worry about someone stealing your idea is to worry about the tide. Focus your energy on getting as much information out and in as many hands as you can as fast as you can. SHARE. 

Realize that the most important "product" you build is the team capable of building something, pivoting on a dime and responding to what they hear with meaningful and amazing results.  

If you don't have a way to capture your journey find one (write, video, infographics, animation, stories). Your goal should be to create the means of production - the framework where you can easily harvest UGC (User Generated Content) anytime needed. 

UGC is more important to a startup than oxygen. UGC helps gauge reaction, shape your product and determine a startup's future.  

Related Reading
Process Is Product on ScentTrail Marketing
http://scenttrail.blogspot.fr/2009/11/process-is-product.html 

Martin (Marty) Smith's comment, September 10, 2013 6:42 PM
Jimmy, your and the 80 or so other rescoops of this post convince me it will make a good post for @Atlanticbt. Thanks, Marty
Martin (Marty) Smith's comment, September 10, 2013 7:10 PM
Great insight from Guilherme Pompeo.
Haley Evans's curator insight, November 14, 2013 11:34 AM

Social media is one of the main forms of communications in today’s society. Whether it is between publics, consumers, or businesses, social media is an essential way of communicating with one another.  Business are able to use social media in many different ways to help there company and to expand the company to different publics.  By using social media companies are able to not only reach more publics, but have a better chance at becoming a well-known and successful company in the business and consumer world.  One reason why social media is important for a business is advertising.  In Adventure in Public relations, Guth and Marsh explain how much advertising can be done on social media and how affective it is in comparison to other Medias.  Advertisement on social media can be run twenty four hours a day, seven days a week.  It also shows the best of all types of media. The advertisement can show pictures, video, sound, and text. By using social media to advertise, your business has potential to reach consumers worldwide.  When you are reaching consumers worldwide the chances of your company making it big increase significantly. 

On top of the advertisement being able to reach so many people, it is extremely cost-effective as well.  Using cost-effecting is another important reason why social media is so important.  It can be extremely expensive to print off thousands of flyers and brochures, or to place ads in a newspaper.  A company can launch a new product on a social media site for free!  To add to this by using social media the company is also able to be time efficient.  When advertising or simply working to reach target consumers and publics, it is made easy with social media.  On social media sites a company can advertise their products and launch dates on the screen, if a user likes a link or an add on their page they are able to follow the company and receive more promotions and ads to that company on their other social media sites.  These platforms help to target the business’ audience and consumers more easily and efficiently. Lastly a huge perk of using social media for your company is that you are able to get timely feedback from consumers.  Guth and Marsh explain that it is important to keep and a close following on the feedback that is given from consumers and when the company receives feedback, make sure to respond quickly and efficiently.