Sunday, September 20, 2009

How to Create a Successful Internet Business

I am in the process of creating an Internet Business. Of course, my goal is for it to be successful. As with any business in the development stage, the first thing I need to do is develop a business model. The reason I need to do this first is that it describes the way in which my company makes money. After developing the model, I will have a map of what I need to do to be profitable. Developing a business model is critical. Because I am in the process of developing my own model, I thought it might be beneficial to other internet entrepreneurs if we work through the process together.



One of the best generic business models I have ever run across is the B-I Triangle, developed by Robert Kiyosaki with Sharon Lechter, introduced in “Rich Dad’s Guide to Investing” and explained very clearly in “Rich Dad’s Before You Quit your Job”. I highly recommend that every entrepreneur read “Before You Quit Your Job”, even if you have already quit. The reason the B-I Triangle is such a good business model is that the authors present the model in a very elegant, yet simple graphic that is easy to understand and remember. The model has five jobs that are required for success. These five jobs of a business are held together in a framework of a successful business.

The five jobs are product, legal, systems, communications, and cash flow. The framework holding the five jobs together are Mission, Leadership, and Team. Each one of these aspects of your business needs to be fully developed to create a truly successful business.

The remainder of this article briefly defines the aspects of the B-I Triangle in general terms to set the stage for the future articles. First listed are the five jobs of this business model. They are:
  • Product –Whatever you are offering your customer.
  • Legal – Includes multiple aspects of your business, beginning with the right entity structure for your business. You also need to remember other aspects of your business require legal support as well including copyrighting, partnerships, licensing, etc., just to name a few.
  • Systems – Business structure required to support your company.
  • Communications – Required to reach your customers. Also necessary for partners, investors, employees, vendors, and other people involved, even superficially, with your business venture.
  • Cash flow – The meat of the matter. Without positive cash flow your business will collapse.
The framework that holds your entire business together consists of Mission, Leadership, and Team.
  • Mission – The true purpose of your company
  • Team – People who support the purpose of your company and the jobs necessary for success.
  • Leadership – Multiple jobs including defining the company’s mission, creating the team, keeping the company strong, growing the company, etc.

Saturday, September 19, 2009

How Can A Website Benefit Your Business

1. Why should you have a website?

In order to succeed in today's world, you must have an Internet presence. More and more people log on to the internet everyday; there are billions of users world-wide and there are several reasons why one needs a web site. A website is a powerful first impression. Placing your business on the World Wide Web, gives your business the potential for global exposure, no matter the size of your business – be it large or small; singular or multi-national. To have your own website gives your business invaluable advantages, which is illustrated in the answer to the next question, viz-a-viz:

2. How can a website be useful?

Website help you leverage web services for streamlining data transfer to and from your organization.

There are myriad reasons for - How a website can be useful and why you should bring your business online? Some of them are, briefly, mentioned below:

a. Enhanced customer convenience

Your business concern can be more easily and quickly reached, every time a potential or an existing client searches for relevant businesses, products and services over the Internet. Your customers can always keep in touch with you and your business, just by knowing your web site address.

b. Greater reachability of your business profile:

Your business profile can be accessible from anywhere in the world. No other ad medium provides such global coverage. You need not depend on phone book entry or restricted yellow pages and newspaper ad presentations, any longer.

c. Greater possibilities for promoting your business portfolio:

People will not buy your products or services unless they know that they actually exist. You can tell your potential audience much more through a WEBSITE, than you could possibly do via any print advertisements, Yellow Pages listings, or TV/radio commercials. There are no limitations as far as space, time, nationality and residency are concerned. You can say as many things as you want, to as many people as you wish. And your business representation can be as resourceful as is the Internet itself.

d. Efficient low-cost advertising:

Your customers will always be able to obtain thorough up-to-date information about your services or products. Instead of having to rely on randomly aired TV or radio commercials, they can simply browse through your website whenever they like.

e. 24/7 availability:

Website is available to you 24 hours a day, 7 days a week, 365 days a year. It will be your hardest working employee, never getting sick, or taking a holiday. And you can rest assured that your website is always there for you – to answer your customers’ questions or to collect their feedback on your behalf.

f. Time-saving:

Prospective clients can learn about you and your business at any time of the day simply by visiting your website, so you won’t have to be present or involved with the process in any way. Your precious time can be saved and invested in other activities that can increase your profits and further enhance the scope of your business.

g. Cost -cutting:

You can save a lot of money cutting your costs on print ads, brochures, coupons, flyers, specials, newsletters or mailings. What’s more! Its always quick easy and extremely efficient to update real time information on your website; whereas regular renewals of printed materials turn out to be very expensive and time consuming. The fact optimized productivity at minimal cost is more valued in any business and it is possible only through world wide web.

Web services provide a standard way to implement a business function that can also be managed remotely. It employs an effective exchange of information and data-feeds between B2B and B2C portals, information warehouses, news providers, shopping portals like e bay and search engines like Google, MSN, yahoo etc.

Your website must work hard in today's competitive online environment — attracting visitors, providing a rich user experience and converting them into loyal customers.

3. What makes a site work successfully?

Its a hotly debated question – “What makes a website work well that will genuinely help your business and attract more customers?”

A well designed website can certainly lead to increased business. By following simple guide-lines, it is possible to create a good-looking website that will really give your business the best chance of being noticed.

For your online presence to really count, your brand needs to exude credibility, confidence and efficiency through your website. A well designed website can certainly leverage your business processes. One can achieve this by blending strong design and content, with seamless functionality, and expert support throughout - with time tested processes.

Web Designing is “a process of conceptualization, planning, modeling, and execution of electronic media delivery via Internet in the form of Markup language suitable for interpretation by Web browser and display as Graphical user interface” (ref- Wikipedia)

Web Design can have a powerful affect. Web Design is important and it must be right! The right design kindles in a website visitor the right perception of your business. It engenders confidence and trust in your business. Success online is vital to the overall strength of your business.

It’s essential that –

In an arena saturated with billions of web pages, it requires innovation and expertise, to represent your brand effectively.

Your site must be easy to navigate and simple to use. If your users and potential customers can’t find what they want, this will undermine your site’s performance, in relation to your business goals.

Your web site should, clearly and concisely, reflect your business, values and products, since your web site is now the first point of contact for a new user or potential customer.

A good and innovative design ensures that the site is memorable and encourages the viewer to explore beyond the home page.

The web functionality and programming should use only standard, compliant, valid coding and also provide an alternative programming, to ensure that your site is viewable in any Browser and at any Screen Resolution.

Most Web design and development companies possess skills in one or the other – rarely both. This is where ImagiNET Ventures web solutions differ, as we understand how to design a website that will most effectively present you, your business or organization, with your products and services.

4. What are the common mistakes of a website?

Lets face it! If visitors get lost or become confused while attempting to surf your website, they might hit the back button, and look for a more user- friendly website. People do not like to think, when it comes to finding their way around websites. Don’t make them tick. You need to plan your website from stage to stage, and make a difference between between a very poor website and a very good website.

Let us now see – what are the pitfalls inherent in designing and setting up a website? You may know some of them already, but by avoiding and correcting them, you can be sure to keep constant flow of visitors entering and re-entering into your portal! The list of most common errors is unending but invaluable for new designers, web developers and content writers – who need a list for their website spot check.

1.Site best viewed:

New designers usually use this “site best viewed” with a disclaimer statement regarding which web browser or screen resolution they designed their site, for best viewing. It does not impress the visitor. Instead, invest in skilfully designed website that renders well in multiple browsers, and in any screen resolution.

2.Shabby lay-out and glaring design:

Some sites are totally unbalanced in their lay-out and overloaded design. The designs do not match the page content and appears misplaced and misfit in the entire scene. Give your pages a pleasing appearance, with just the necessary facts and place your design out-lay with a professional touch. Always take screen shots of designs in different resolutions, before uploading the appropriate one.

3.Horizontal scrolling:

The horizontal scroll makes it extremely difficult to read the content on your site, and often your visitors will lose patience and leave. Check your website in a site resolution viewer. A professional website can be viewed without horizontal scrolling in, both, a smaller and larger screen resolution. User's find scrolling from the top to the bottom of your pages, more clear to view and easy to read.

4.Free Web Hosting:

This is a common web page mistake you definitely need to avoid. Often business owners claim that the business is "just starting”, and that is why they have not yet moved their site to a domain host. Do not use free web hosting if you want your business to be taken seriously. It reflects on your image and credibility.

To resolve this issue, you must choose and purchase a domain name if you, already, do not have one. You also need to choose a professional domain host. There is no getting around this one. If you want to run a successful online business, you absolutely must have a reliable domain host.

5.Appalling Images

Don’t allow your visitor view badly shaped or terribly cropped images and missing graphics files. Optimize your images, using the best height and width. Keep your files in the best formats - j peg for Photographs and gif for artwork.

6.Blaring and ghastly color schemes:

Avoid using ghastly and loud colors that does not match your website concept and mission. Although your text may be easy to read, overly-bright colors distracts and repels the reader away from your site's purpose. Your designs must reflect class and designer quality, with state-of-the-art designs and pleasantly eye-catching color schemes for your web pages.

7.Slow loading:

If your page does not download rapidly, visitors will quickly move on to find another site. Take action now to reduce the "weight" of your pages . Each image on your site must be correctly sized and optimized for web use. Keep your pages lean and fast for the visitor to move on quickly, with interest.

8.Spell check:

Always spell check the text , keeping it free of grammatical error, punctuations and spelling mistakes. Without spell check, the site looks amateurish and shabby.

9.Ineffective Text Content:

A major mistake is to fill the pages with long text, without any headings and sub-headings. Do not cram your web pages with loaded decorative words and hi-funda text. Readers do not have time to fill their heads with all details.

Make your text more effective. Keep your text simple, crisp and to-the-point. Use decorative words in the right context. Your language should spell clarity, consistency and coherence in content, style, structure and font. The pages should be easy to read and simple to understand, with a smooth flow. The fonts should be rightly used, with appropriate side-headings and the text need to be phrased in short paragraphs, giving a pleasing feel to the reader.

Your website must provide a clear message with a goal-oriented direction, setting you apart from your competitors. Your content should easily answer his question - “what's in it for me?” The reader must be able to identify with your write-up and find you as his 'partner' for addressing his solutions.

10. Absence of an Email Subscription Form:

This critical aspect is often neglected by most website owners. It is very important to have a lead generation for your website via Email subscription form, for optimal business returns. Having a mailing list gives you several advantages like maintaining a visitors list who allow you to contact them, build a relationship, and establish yourself as an expert for solving their problems.

11.Using a weak message 'join my newsletter':

Your content , design layout and solutions should be so user-friendly such that it compels the reader to subscribe your mailing list. Do not use a weak message like – “join my free newsletter”. The reader would wonder “Why?” and “If I subscribe, will you give me a bonus, or a free gift instantly, as soon as I join?” If your design and text work impresses the reader for availing your services, you would automatically get email subscriptions for a membership, from your visitors. It speaks on your credibility.

12.No Contact Information - Just giving your email id and the web address is not sufficient for your readers – who may be prospective clients. Keep your detailed contact information easy to find and easy to read. Inclusion of a site-map works wonders for your business.

13.Advertising – Advertisements provide huge revenue but it should be placed skilfully and with reference to the current times. Appropriate advertisements should be placed - reflecting the different verticals of your business. Do not overload your page with ads, especially the big flashy banners. Well placed, well designed ads are okay, if you don’t overload the page.

14. Prices –. Don’t waste your time, hoping you will get email inquiries on your prices. The moment a visitor sees your product or services, his prime question will be “what is the price of this item?” Do not keep the visitor guessing the price; it will give him an opportunity to jump into another website where the price is mentioned and you may end up losing a prospective customer. You need to include a price with the item description, if you sell something.

15.Under Construction - Avoid having a “closed – under construction” or “yet to open” website. Give your visitors atleast a single page of content, with a notice - when the whole site will be open.

16.Music: Include a soft and soothing music or that which is relevant to the content. Do not include music, if it is not needed. Music should not be out-of-control and keep the control buttons easy-to-use. Music can turn one's mind on but at the same time put your mood off, if it is not rightly timed, controlled and soft.

The list of common mistakes are innumerable. The above general tips gives you an idea of what to avoid and how to resolve. By keeping your website design in good shape and ensuring your web content writing is in good taste, you will find more people visiting and enjoying your website! 

Make Your Website Look More Flashy With Flash Animations

Websites today are no longer restricted to just texts and pictures. Website developers now give more emphasis on adding effective audio and video information. The use of flash animation is in full swing when it comes to website designing or development. Macromedia was the first animation development company in association with Adobe who came into this business in the year 2005. With the change in time flash animation development has reached new heights and amazing looking website have been designed by the animation companies.


There are many companies in the market today who cater your needs for designing and developing flash animation websites. Nowadays your PowerPoint presentations can also be converted in to flash animation web presentations with the use of animations in it. That how easy it has become to develop a flash animation presentation. So, now you can take your talent of animation development to the next level with your PowerPoint presentations.

Professional companies use web design flash animation in their websites with the help of flash software which is universally accepted and is used in most of the animation development companies. This software enables you to add audio and video presentations to your website which makes it more interactive and effective. Articulate is the software which is used to add these applications to you website.

Animation companies use articulate in website like internet commercials, home study courses, etc, which makes the website more interactive and fun to surf. With flash animation development, the company for which the website is created can add to its advantages, when the customer views their animated presentation the presentation will directly take them to the related website where from they can purchase the product directly. This improves the functionality and accessibility of your website.

Web design flash animation has become an integral past of every website today as the surfers look for websites which are well designed and interactive. And this is exactly what flash animations are able to provide with ease and effectiveness.

Tips For SEO Friendly Marketing Content For Your Website

Getting your website positioned as high as possible in SERP (Search Engine Result Pages) is one of the main goals for everyone who has a SEO strategy.

Statistics prove that the percentage of getting a click to your website keeps on reducing as the searcher moves down the result pages on a Search Engine.

What does a SEO friendly content have?
• Uniqueness
• Appropriate Language
• Relevancy
• Descriptiveness
• Scanable & Skimmable structure - Lists or Bullet form
• Presented in Q/A format
• Powerful Keywords and their placement
• Structured Flow
• Proofread for any mistakes

SEO friendly content does not mean that you start writing for search engines. Write content that search engines would adore automatically. The first and most important rule of content writing strategy is to write for visitors and not for search engines. Search engines ultimate goal is to provide their users with the unique and most relevant content. They will prefer your content if it is written for users.

It is not a coincidence that writing strategy for good contents makes for SEO as well.

Uniqueness: Name a subject and you will find it on web, so dig deep and write something that you own. Something that makes you stand out of the regular web shops.

Appropriate Language: Write in the language of your prospect. The language determines the kind of visitor your site will attract. If you are writing for Business owners who are generally non-technical, write in plain business language. It is always easy to write if you know your readers.

Relevancy: Write what is relevant to your topic and business. Search engines have their own algorithm to check the relevancy of the content. Please avoid playing around with search engines. Even if you get successful in bringing few visitors to your site and they find the content irrelevant to their search, they will immediately bounce out of the site.

Descriptiveness: Descriptive here does not mean to start writing stories. Describe your services or products in an informative manner. Try to display important information with a link to the detailed information. This could give you an extra edge over your competitor

Scanable & Skimmable: Most of the web users do not read they just scan the web. Research shows that visitors read about 20% of content on a webpage. Write content which is easily scanable by readers. Some points to be kept in mind are-
• Use of font color which is easy to the eyes
• Variable Eye catching font sizes
• Use list or bullets instead of paragraphs to improve recall value
• Use of Headers and sub headers - can create interest

Presented in Q/A format: Present your content in a form of questions and answers. Most of the websites miss this opportunity to answer reader’s question and they land up increasing their bounce rate. This can be best done by addressing the user’s pain with a simple yet effective answer.

Powerful Keywords and their placement: Keywords play an important role in SEO strategy. Do not just sprinkle your keywords into the content rather build it around the selected keywords and phrases. The denser the keywords towards the top, the better they are. Use of synonyms is good, however, try them a little lower on your web page.

Structured Flow: It is very important to flow your visitors in a desired manner. Do not leave them to search their way. Guide them with doorways. Do linking within your content that makes the visitor flow with the content. This is called Flow design.

Proofread: Do proofreading to give an additional support to all your writing and SEO efforts. The spelling and grammar errors make your content look unprofessional.

Developing Documentation During System Development


System documentation and user documentation are the two types of documents. System documentation is required for better understanding and maintenance of the application software. User documentation is designed to help the user operate the system. A good-quality document requires designing the documents, writing and editing the text, and testing them, and hence takes longer time for documentation. Lower-quality documentation can be produced faster. Nowadays online documentation is becoming more important compared to traditional paper-based manuals. Users are more familiar with paper-based documents and these are simpler to use. Although online documents require people to be familiar with additional software commands, searching for information is easier in online documents. These also enable the users to interact with the document.

There are mainly three types of user documentation: reference documents, procedure manuals and tutorials. Reference documents are used when the user needs to learn how to perform a specific function. Procedure manuals describe how to perform business tasks. Tutorials teach people how to use major components of the system.

Introduction

There are two types of documents.

System documentation is intended to help programmers and systems analysts understand the application software and enable them to build it or maintain it after the system is installed. System documentation is a by-product of the system analysis and design process, and is created as the project unfolds.

Each step and phase produce documents that are essential in understanding how the system is built or is to be built, and these documents are stored in the project binder(s).

User documentation (such as user’s manuals, training manuals and online help systems) is designed to help the user operate the system. Although most project teams expect users to have received training and read the user’s manuals before operating the system, unfortunately this is not always the case. It is more common today – especially in the case of commercial software packages for microcomputers – for users to begin the software without training or reading the user’s manual.

User documentation is often left until the end of the project, which is a dangerous strategy. Developing a good documentation takes longer than many people expect because it requires much more than simply writing a few pages.

Producing documentation requires designing the documents (whether paper or online), writing the text, editing them and testing them. For good-quality documentation, this process usually takes about 3 hours per paper page (single-spaced) for paper-based documentation or 2 hours per screen for online documentation.

Thus, a “simple” set of documentation such as a 20-page user’s manual and a set of 20 help screens take 100 hours. Of course, lower-quality documentation can be produced faster.

The time required to develop and test user documentation should be built into the project plan. Most organizations plan for documentation development to start once the interface design and program specifications are complete. The initial draft of documentation is usually scheduled for completion immediately after the unit tests are complete.

This reduces – but does not eliminate – the need for the documentation to be tested and revised before the acceptance tests is started.

Although paper-based manuals are still significant, online documentation is becoming more important. Paper-based documentation is simpler to use because it is more familiar to users, especially novices who have less computer experience; online documentation requires the users to learn one more set of commands. Paper-based documentation is also easier to flip through to gain a general understanding of its organization and topics, and can be used far away from the computer itself.

There are four key strengths of online documentation that all but guarantee that it will be the dominant format form for the next century. First, searching for information is often simpler (provided the help search index is well designed). The user can type in a variety of keywords to view information instantaneously, rather than having to search through the index or table of contents in a paper document. Second, the same information can be presented several times in many different formats, so that the user can find and read the information in the most informative way.

Third, online documentation enables the users to interact with the documentation. For example, it is possible to use links or “tool tips” (i.e., pop-up text) to explain unfamiliar terms, and programmers can write “show me” routines that demonstrate on the screen exactly what buttons to click and text to type. Finally, online documentation is significantly less expensive to distribute and keep up-to-date than paper documentation.

Types of Documentation

There are fundamentally three different types of user documentation: reference documents, procedure manuals and tutorials. Reference documents (also called the help system) are designed to be used when the user needs to learn how to perform a specific function (e.g., printing a monthly report, taking a customer order). Typically, people read reference information only after they have tried and failed to perform the function. Writing reference documentation requires special care because users are often impatient or frustrated when they begin to read them.

Procedure manuals describe how to perform business tasks (e.g., printing a monthly report, taking a customer order). Each item in the procedures manually guides the user through a task that requires several functions or steps in the system. Therefore, each entry is typically much longer than an entry in a reference document.

Tutorials teach people how to use major components of the system (e.g., an introduction to the basic operations of the system). Each entry in the tutorial is typically longer than the entities in procedure manuals and the entities are usually designed to be read in sequence, whereas entries in reference documents and procedure manuals are designed to be read individually.

Regardless of the type of user documentation, the overall process for developing it is similar to the process of developing interfaces. The developer first designs the general structure for the documentation and then develops the individual components within it.

Documentation and managing the documentation in company’s Intranet are critical for a company, and the resource spent on it is worthwhile.

About Us

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Dhaka, Dhaka, Bangladesh
I have around 13 years experience of managing highly skilled teams of professional in collaborative research and development, software development, web application development for national and international clients across the globe. My expertise covers Software development management, Project Management, Product Management, Project Architecture, Technology consultancy etc. I have expertise on drive the business direction by interfacing between the business and the development team, gaining a clear understanding of the commercial aspects of the business and translate them into requirements. Over the last twelve years I have played several roles, such as Project Manager, Software Development Manager, Information Analyst, Architect, Technical Consultant, Sr. Software Engineer, and IT Researcher.
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