Posts Tagged profits
More Positive Signs for the San Diego Housing Market
The housing market is showing consistent, albeit gradual signs of recovery as median home prices and home sales rose in June, La Jolla-based MDA DataQuick reported July 15.
Buyers scooped up 3,692 single family homes and condos in San Diego last month, compared to 3,242 in May and 3,077 in June 2008.
Median home prices increased to $314,000 in June, compared to $295,000 in May, and $290,000 in April. Median prices are still down significantly on the year compared to $370,000 in June 2008 and $380,000 in May 2008.
Across the region, the number of home sales hit its highest level in 30 months, according to DataQuick.
Continue Reading Add comment July 16, 2009
Workers Lose Thousands of Hours Looking for Missing Data
WORK FORCE: Consultant Links Sales With Being Organized
By NED RANDOLPH
San Diego Business Journal Staff
It seems to happen so effortlessly. The e-mail inbox fills with read messages, while desk trays overflow with old memos. Workers feel too overwhelmed to take on another project.
It’s time to think about finding new ways to manage information.
Len Merson, CEO of ChaosOver, says he can help.
His San Diego firm holds workshops and offers corporate coaching programs to provide techniques that, when implemented over and over, become habits.
They include purging the cubicle, developing file virtual folders, and prioritizing work in real-time so that the pipeline doesn’t get congested.
“Information management translates to health: Keeping people sane and proactive in work, and giving them a renewed sense of pride,” said Merson, who started his program in the 1970s while he was working as a sales and marketing consultant.
“There was an immense correlation between organization and sales, revenue and production,” he said.
Continue Reading Add comment July 13, 2009
Businesses Paying Attention to Their Online Reputations
By NED RANDOLPH
San Diego Business Journal Staff
If there’s a silver lining to the emergence of social media, it’s that individual consumers have a little more leverage against corporate America.
During a recent forum hosted by San Diego’s Red Door Interactive — a creative agency that also manages brands online — a panel of speakers shared just how keenly businesses are paying attention to their online reputations. Several dozen public relations professionals and others attended the forum at DiamondView Tower downtown.
Chances are that whenever a conversation about a company is taking place on Twitter, Facebook or a group of blogs, there’s a marketing ace or executive watching, and possibly intervening.
“Because of the new frontier, you no longer have a wall between the corporate entity and the individuals that support it,” who are the customers, said Crosby Noricks, a social media strategist for Red Door, at the June 30 forum. “It’s something amazing where you can have a conversation with the CEO directly.”
I experienced this firsthand during an unfortunate snafu regarding a plane ticket to Paris purchased on CheapTickets.com, an Orbitz Global company in Chicago. I canceled my ticket June 26 and attempted to use the credit toward another ticket through the CheapTickets Web site. The credit was never applied, and I was charged a sizable amount of money for the second ticket.
I got nowhere on an online customer service “chat” at CheapTickets.com.
Later, I e-mailed several executives at Orbitz Global voicing my discontent, posted the mail on my sparsely followed blog and sent out a message on Twitter. Within two hours, the customer service director of CheapTickets.com in Chicago e-mailed me, offering to come to a fair resolution.
“We’re sensitive to what people print about us in Twitter and blogs,” Customer Service Director Steve Sedlak said by phone July 8. “We can’t always solve (the problem), but sometimes I think we get some home runs and mistakes taken care of. We are paying attention.”
But commentary aside, social media is an empowering tool, if only for the ability to rise above the chafe of noise to reach the executive suite.
When businesses are spending untold amounts of money on social media marketing stunts to create positive conversations about their brand, imagine the power that irate customers having legitimate conversations online have. It’s the old power of 10 rule where one person tells 10 friends. With social media, one person can tell hundreds, if not thousands, of friends.
“Someone is 78 percent more likely to follow the recommendation from someone they know,” said Jamie Dicken, executive vice president of sales with the marketing strategy firm Brickfish.com, at the Red Door forum.
Added Natalie Davis, director of e-commerce at Petco Animal Supplies: “People are talking about your brand whether you want them to or not. You want to be the one to start the conversation about your business.”
Add comment July 13, 2009