recently reputation.com had asked us about how can experts build their brand on the internet. Here is our interview on the reputation.com.
There is an article today in techcrunch about SMS based answering service Cha Cha in US , able to generate revenue
ChaCha Makes Its Crazy Business Model…Profitable. The post explains how Cha Cha is able to make revenues by sending ads in the sms when a user asks questions and through adsense on their website.
There has been a interesting discussion in which a user pointed to SMS based answering service 63336 in UK which had explored this option but decide not to do it. Read this Why 63336 doesn’t include adverts in its texts.
There is another SMS based service in India SMS GupShup , which sends you SMS and generate revenue through ads. Here is a post on techcrunch about it .
This post was nothing but crap about Gupshup making $150,000 a year but again brings back to question SMS services driven by Ad – Good or bad idea
I tend to agree that SMS based services would not work only on advertising alone and do not find much logic in Cha Cha’s business model. In countries like US you have to pay for even reading a SMS , until and unless you are in some kind of plan so you also do not want to be spammed with multiple SMS for one question you asked. Companies like AskmeKnow in US failed badly . Look at their numbers In the 12 months to 31 December 2007, its last full year of trading, AskMeNow managed to generate an income of USD60,000 whilst incurring expenses of USD20,980,000.
And do not forget that location based services in smart phones answers a lot of your queries. So one side prices are going down for Cha Cha and other providers but the competition is also heating up.
It is a matter of time before we find out whose business model works out best and are consumers willing to pay for such services.
I am picking this from 6336 blog “It is quite easy to get a lot of customers by giving everything away for free. The real test is making money”
VMware , the global leader in virtualization solutions have today annouced the acquisition of springSource . VMware will acquire SpringSource for approximately $362 million in cash and equity plus the assumption of approximately $58 million of unvested stock and options.
I have been a big fan of spring soucre and their business model. SpringSource developed an excellent framework which they gave to public and developed a very good business model around consulting.While Sun had developed java , they never build a business around consulting. Sun microsystem focused mainly on hardware.
On other hand Spring Source build a business model around Open Source and earned revenues with Consulting , training and certification.
VM ware gets an excellent product base and a super team.
Congrats to Spring Source team!!
Some of our Spring posts
For all the immigrants who are coming to US on H1b, and are waiting on long lines to get a green card, there is another option. Forgot about getting a job in US these days. If you can get $500,000 to invest in US, you might get a green card in return. But there are some clauses. Read the news here
It is a different question that if an immigrant has $500,000 ,is he willing to take that risk or wants to spend a cushy life back in his home. Of course not an option for everyone .
I wanted to get business cards printed for my business. Did not find much variety at staples. Also when you walk in to their store , it is expensive to get the cards printed. Online option is good but they do not have much option.
I tried Vista print instead as they were offering pretty good deals and they had front and back side printing. They charged extra for back printing , this I came to know later but I was ok with it. I chose Custom business card on Matte finish.
They delivered in the time frame they had promised. The card quality was ok, not very good but I guess you get what you pay for. They also gave couple of offers although none were much useful.
What I did not like was they had been spamming my email ever since. Every second day I get emails form them announcing some new offer. Looks like I have no choice but to mark it as spam.
When I clicked on “If you do not want to send us offers , Click Here”, it opened a new mail message. I send the message not to send me mails.
Comes back the reply
Thank you for contacting VistaPrint, the online solution for “Best Printing, Best Price.”
We apologize for any inconvenience this may cause, but we are not able to reply to direct emails to this particular email address.
You and your business are important to us. Please contact our Customer Care department:
Now that really pissed me off. I am marking their mails as spam.
Currently we are going through the worst global recession in decades, as the fallout of the most severe financial crisis since the Great Depression of 1929. To help the United States recover from this recession. President Obama signed the American Recovery and Reinvestment Act (ARRA). This act promises to create or save over 3 million jobs.
In an interview with NBC President Obama said “The key is making sure we jump-start the economy in a way that doesn’t just deal with the short term, doesn’t just create jobs immediately, but also puts us on a glide path for long-term sustainable economic growth,
The American Recovery and Reinvestment Act of 2009 is intended to provide a stimulus to the U.S. economy in the wake of the economic downturn. The measures are nominally worth $787 billion.The Act includes federal tax relief, expansion of unemployment benefits and other social welfare provisions, and domestic spending in education, health care, and infrastructure, including the energy sector.
The American Recovery and Reinvestment Act (ARRA), will be creating a wide variety of Job Opportunties with good salaries. Some the fields that their would be growth are Engineering, Nursing/Health Care, Accounting and IT .
Yahoo Jobs has listed the 7 most hot jobs(listed below), and some of them do not even require a four year degree and their salaries range from $40,000 to $ 80,000.
Computer Security Specialist – $78,376
Cost Estimator – $58,868
Civil Engineer – $66,638
Insulation Installer – $44,460
Solar Panel Installer – $44,460
Physical Therapy Assistants – $48,999
Loan Officer – $43,070
The above jobs, do have good salaries and We sincerely hope that this stimulus package helps the revival of the long awaited U.S economy .
For the critics of outs ourcings, this should come as a news that India created 300,000 jobs in US.
This was told by Commerce and Industry Minister Anand Sharma at a press conference at the Willard Intercontinental Hotel in Washington after his meetings with US Trade Representative Ron Kirk and Commerce Secretary Gary Locke.
Mr Sharma said “About 100 Fortune 500 companies have their research and development hubs in India and 220 of them source their software from India. Don’t forget India has a huge information technology industry, (so) where does the hardware come from”
“That’s why any protectionist barrier is dangerous,” Sharma argued.
He said, “Indian industry in the five preceding years has invested over $106 billion in the US and created 300,000 jobs. IT industry alone has created 250,000 jobs in America.”
Maybe this was long overdue. Satyam Computer Services Ltd which had been showing tremendous growth in last decade by manipulating its book can no longer afford to do it.
The new owner tech Mahindra can no longer afford to pay people on bench when there are no projects. Satyam said that it is creating a cost-cutting program, which is effective this month, targeting employees who have not been in billable roles for three months or more. Those employees can take up to six months off and receive their basic pay and medical insurance, and may be recalled and reinstated at full pay and benefits as business demand dictates. They can also be called if any situation arises.
This move can effect 5000 to 7000 workers. The news could be bad for tech industry which had been already reeling under US recession . These 7k workers could bring more pressure to salaries of IT professionals in India.
Although this may look pretty bad for now but could be good in long term for the company where it needs to shed its extra flab and grow more comptetive.