ReportWire

Tag: Data Management

  • This Father’s Day, Give the Gift of No More Low Storage Warnings | Entrepreneur

    This Father’s Day, Give the Gift of No More Low Storage Warnings | Entrepreneur

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    Business owners need a significant amount of cloud storage these days; computer hard drives just aren’t big enough to contain the entirety of our files, documents, photos, and more. Whether Dad has an archaic paper filing system or he’s been taking tons of photos of the grandkids, cloud storage is a great gift for Father’s Day.

    And while there are many cloud storage options out there, Koofr Cloud Storage offers some of the best bang for your buck.

    Koofr is an intuitive, private solution that makes it easy to connect all existing cloud storage accounts (Dropbox, Google Drive, Amazon, and OneDrive) under a single umbrella plan. With Koofr’s 1TB lifetime plan, Dad can access storage through web, mobile, and WebDav, and upload, access, and share files without limits. Koofr also makes it easy to identify and remove duplicate files, rename files in bulk, and even customize link appearance for further organizational clarity.

    Koofr is the only cloud storage service that doesn’t track activity and encrypts files both in rest and in transfer. It’s one of the most secure cloud storage solutions you’ll find and it provides an ample 1TB of seamless, accessible space. That should be more than enough to keep Dad’s files under control.

    Koofr has earned 4.3/5 stars on Trustpilot, and 4.6/5 stars on G2, GetApp, and Capterra. Find out why when you lock in one of the best deals they’ve run for Father’s Day.

    Get a lifetime of 1TB of Koofr Cloud Storage for just $119.97 for a limited time.

    Prices subject to change.

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  • Datamars Acquires Kippy — Advanced Tracking Technology Offers Pet Owners Peace of Mind

    Datamars Acquires Kippy — Advanced Tracking Technology Offers Pet Owners Peace of Mind

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    Datamars, a leading Swiss global supplier of high-performance identification and data-based management solutions for the companion animal, livestock and textile markets, has acquired Kippy S.r.l., the successful GPS tracker and activity monitoring solution for pets, as a natural expansion of its existing offering to pet owners globally. 

    The transaction has been coordinated by Growth Capital, leading advisor specialized in corporate finance transactions for startups and scaleups, acting as Kippy’s sole financial advisor.

    With this partnership, Datamars strengthens its market-leading identification and reunification solution that has identified over 50 million pets and connected thousands of lost animals back with their owners. 

    “As pet ownership continues to grow across all major markets globally, so too does the demand for products and services to keep these beloved members of the family happy, healthy and safe. I’m excited to be partnering together with Kippy to bring the best of our technologies to more pet owners around the world,” says Datamars CEO Daniele Della Libera.

    Kippy’s wearable collar device with GPS tracks animal activity and location and communicates to pet owners via a smartphone app. As well as providing the ability to locate your animal in real time, owners can easily tell if their pet is getting the right amount of physical activity. Kippy is also one of the few solutions on the market that combines GPS/activity tracking with communication and engagement features, such as customised messaging and an in-app social network. 

    Based in Italy, Kippy was founded in 2013 by co-CEOs Marco Brunetti and Simone Sangiorgi, who are joining Datamars along with all members of the Kippy team to continue to advance the pet tracking business.

    “We’ve had great success in Europe and have developed a strong and happy customer base of pet owners. By joining with Datamars, we’re now able to take the next step to grow Kippy further and expand into other markets. Datamars’ strong presence in North America, Latin America and Australasia as well as Europe, combined with their global production and supply footprint and product development resource, means we’re able to continue to invest in and evolve the Kippy offering and bring these great products to more pets and their owners around the world,” says Sangiorgi.

    Kippy will be an important part of Datamars’ companion animal ecosystem, which spans from identification to activity and health monitoring to reunification solutions — enabled and supported by a digital customer environment and support services.  

    “We’ve always taken the view that collaboration and partnership is the best way to deliver great solutions in a way that’s seamless for customers. Both Kippy and Datamars aspire to the same vision, and we are both passionate about combining our capabilities and strengths to continue to develop and deliver genuinely valuable solutions to pet owners,” says Della Libera. 

    Growth Capital acted as sole financial advisor to Kippy in the transaction. Datamars was supported by CMS as legal advisor and EY as tax advisor. Kippy also had support from Almasta and Studio Corti & Fumagalli as legal advisor.

    About Datamars: Datamars, formed in 1988 and based in Switzerland, is a leading global supplier of high-performance identification and data-based management solutions for the companion animal, livestock and textile markets. Its goal is to enhance sustainable productivity and quality of life across its sectors through the delivery of data-based insight solutions. As a global company, Datamars has three R&D hubs, six major production hubs, and market-based commercial operations in over 21 locations globally and employs approximately 2,000 people worldwide. Our expertise, track record of technological innovation and deep understanding of customers’ needs have earned Datamars a reputation for unsurpassed quality and performance. Read more at Datamars.com.

    Source: Datamars

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  • How Contextual Data Is Revolutionizing Advertising | Entrepreneur

    How Contextual Data Is Revolutionizing Advertising | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Advertising has come a long way in the last few decades. With the rise of digital marketing, advertisers have access to more data about consumers and businesses than ever. This data feeds into vast new compute power resulting in increasingly effective ways for advertisers to convey messaging.

    Enter the next generation of AdTech. This new wave of technology combines AI and contextual data to curate ads tailored to consumers at the individual level. By analyzing data about a person’s interests, preferences and behaviors, advertisers can deliver content to the target audience that resonates in very specific moments of time.

    The key to this new approach is contextual data. Rather than simply looking at a person’s demographic information or search history, advertisers are now looking at a person’s context — where they are, what they’re doing and what they’re interested in, measured in real-time along thousands of data points. By understanding a person’s context and automating custom content creation in seconds, advertisers can deliver ads to millions of consumers simultaneously that are highly relevant.

    By using machine learning algorithms, AI can analyze vast amounts of data to identify patterns and insights that are impossible to monitor and act on manually.

    Related: How New Age Technologies Are Changing the Ad-Tech Industry

    Here’s how each of these technologies plays a role in generating highly personalized content for each individual:

    • Machine learning: Machine learning algorithms enable AdTech companies to analyze vast amounts of data about each user, including their browsing history, search queries, social media activity, and other interactions. These algorithms use this data to identify patterns and make predictions about what content is most likely relevant and engaging to each user.
    • Predictive analytics: Predictive analytics is the use of statistical algorithms and machine learning techniques to analyze data and make predictions about future events or behaviors. In AdTech, predictive analytics is used to anticipate user needs and preferences before they even express them. By analyzing patterns in user behavior and other data points, AI algorithms can make highly accurate predictions about what content will be most engaging and relevant to each user.
    • Natural Language Processing (NLP): NLP is a branch of AI that enables computers to understand, interpret and generate content in the human voice. By using NLP, AdTech companies can analyze and generate highly curated content tailored to individual users’ interests and needs. This technology enables computers to understand the nuances of human language, including context, intent, and sentiment, which is essential for generating highly personalized and relevant content.

    Imagine a world where you are walking down the street and receive a notification on your phone for a nearby coffee shop you haven’t tried before. The notification is personalized to your interests and preferences since it is historically the type of coffee you like, at the prices you usually pay, set in an ambiance you tend to enjoy for a coffee shop, at the time of day you typically drink coffee when out and about. The notification also includes a discount for a beverage you have purchased in the past. This is an example of AI and contextual data working together to deliver a highly targeted and personalized ad.

    But this approach is not without its challenges. There are obvious concerns about privacy and the ethical implications of using personal data to target consumers.

    Although policymakers have taken an active stance on regulating the industry by way of the General Data Protection Regulation (GDPR) in the European Union and the California Consumer Privacy Act (CCPA) in the United States, keeping bylaws current in this rapidly evolving ecosystem poses a challenge to say the least. In the near term, transparency will ultimately dictate efficacy for both advertisers and end consumers as we get closer to a convergence point in value-driven and derived.

    Related: Safeguarding Digital Identities: Why Data Privacy Should Matter To You (And Your Business)

    Despite these challenges, the benefits of this approach to engagement are significant. Solving for relevancy and timing creates a win-win for all stakeholders across all verticals in consumer and business.

    Every second passed represents millions of data recorded — especially in advertising. This correlates directly to the models and algorithms getting better in a positive feedback loop leading to the overall ideal of personalized advertising growing — with now just being the start of what can only be related to an exponential “J-curve” growth story for the industry and underlying technology.

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    Karl Eshwer

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  • 6 Ways Spreadsheets Can Hinder or Ruin Your Business | Entrepreneur

    6 Ways Spreadsheets Can Hinder or Ruin Your Business | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Spreadsheets are one of the most versatile and widely used tools in the business world. They offer an easy way to organize and manipulate data, make calculations and create visual representations of information. However, when used for inappropriate tasks, spreadsheets quickly become a crutch that hinders progress and accuracy. While they undoubtedly have their place in basic budgeting, they are unwieldy and dangerous when used to define process or for complex decision-making. To put it simply, spreadsheets are a great tool for individual tasks, not for tackling jobs that require a large-scale systematic approach.

    Have you ever tinkered with the formulas in a company spreadsheet? We’re all guilty of it. Without a centralized guarded process to keep everything in order, data management turns into a waking nightmare. Not only does it waste time and fatigue your staff, but the absence of proper data management is also actively dangerous for businesses. Why? If your data is incorrect, partially missing or out of date, you’ll quickly fall out of touch with the marketplace and won’t be able to conduct effective decision-making for your brand.

    What would happen if your organization shut down its ERP or CRM and did everything on spreadsheets? The answer is obvious: It would be the equivalent of a zombie apocalypse.

    Related: Become a Data Management Pro by Becoming Proficient in Microsoft Excel

    Marketing departments are particularly susceptible to spreadsheet overload as their business is not controlled within the organization’s ERP or CRM. These teams handle massive amounts of data from multiple sources like endless GTM (Go-To-Market) cycles, operations, dealers, distribution and more. When spreadsheets fail, the marketing team becomes crippled by the immense task of sorting multiple years’ worth of messy and inaccurate data. The consequences of this failure are utterly disastrous and blatantly obvious when conducting reports.

    What are some of the harmful consequences of spreadsheet failures? Let’s discuss six of them below:

    1. Hinders decision-making

    In the GTM cycle, data plays a crucial role in enabling brands to make informed decisions and improve their processes. This data encompasses a wide range of information, such as sales, feedback, product insights, channels and more. Successful brands recognize the importance of using data to tighten and enhance their GTM cycle each time.

    A spreadsheet is not designed to define process or naturally capture data on this scale as it struggles to remain current and consistent due to human “tinkering.” Additionally, it only collects basic surface-level information, foregoing the detailed operational data needed to improve the next GTM process. Without a centralized system, brands risk falling behind their competitors due to sub-optimal decision-making that relies on guesswork rather than data-driven insights from past work.

    2. Blocks scalability

    Spreadsheets are not designed to handle the complexity of marketing data, such as customer interactions across multiple channels, demographic information, and campaign placement and performance. Forcing staff to haphazardly cross-reference thousands of numbers in multiple sheets in order to glean basic insights is simply unsustainable and uneconomical. Sounds obvious, right? But you’d be surprised by the number of companies that still attempt to operate this way.

    3. Threatens security

    Spreadsheets lack the necessary security features required to protect sensitive data, leaving businesses vulnerable to data breaches. To avoid this, businesses need to adopt a more sophisticated data management system that can handle large amounts of data, provide robust security features and allow for encryption with easy data analysis and reporting. Can the bulk of your marketing numbers be passed around on a thumb drive? If so, you have a huge issue.

    Related: Data Security: How To Protect Your Most Sensitive Asset

    4. Lacks efficiency

    Using spreadsheets to record marketing data is a colossal waste of time. Creating and updating spreadsheets is time-consuming, unstable and costly (as it must be done manually by humans who are flawed by nature). A more efficient approach to managing marketing data is to use a dedicated marketing automation platform that can handle the entire marketing process. This approach streamlines data collection and provides powerful analytical tools to help businesses optimize their marketing strategies. What would have taken a staff member days to complete can be done in a matter of seconds.

    5. Prone to errors

    The chance that human error will occur at some point is inevitable. Mistakes are easy to make, and even a bona fide spreadsheet wizard is bound to slip up sooner or later. A single typo or minor miscalculation can lead to recurring inaccuracies in your data. Trying to keep track of information in multiple spreadsheets can also lead to duplication and inconsistencies, making it difficult to get a clear picture of the business’s performance. Using an automated platform will eliminate these errors.

    6. Siloed system fatigue

    Employees often have to maintain multiple spreadsheets, each with its own set of data, formulas and formatting. This creates silos of information, where data is not shared effectively, leading to inefficient processes and duplication of effort. Moreover, employees may struggle to keep up with changes to the spreadsheets, leading to confusion and errors. Over time, this leads to system fatigue, where employees become frustrated with the complexity of managing data in spreadsheets and may resist using them altogether.

    By adopting a more integrated approach with a system that allows for easy collaboration across departments, businesses can streamline their processes, improve data accuracy and reduce the burden on employees.

    Related: Why Un-Silo-ing Your Data Will Boost Your Company’s Efficiency and Productivity

    So, what’s the alternative?

    Today, there is a wealth of technology available to organizations. If you’re still using spreadsheets for anything other than simple data entry for small tasks, you are consciously making the decision to slow the process and put your company’s operational fluidity at risk.

    Spreadsheets certainly have their place in the business world but should NEVER be used to drive process, collect substantial masses of data or for complex decision-making. Fortunately, platforms like Regulator automatically gather and amalgamate data from multiple sources and present it in an easy-to-use format. Adopting a system like this takes the burden off staff and allows them to focus on making data-driven decisions, rather than struggling with data management.

    It’s time to move beyond spreadsheets and embrace the future of data management.

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    Jamie Calon

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  • How to Leverage Data and Analytics to Connect With Customers | Entrepreneur

    How to Leverage Data and Analytics to Connect With Customers | Entrepreneur

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    When it comes to marketing, a one-size-fits-all approach just doesn’t cut it anymore. Luckily, and as my CTO at the Strategic Advisor Board always says, “With big data and advanced analytics, businesses can create customized experiences tailored to each customer’s unique needs and preferences.” This personal touch increases engagement and conversions and fosters a more profound sense of brand loyalty. Let’s dive into the exciting world of personalized marketing and discover how your business can implement this strategy.

    Imagine receiving an email that feels like it was crafted just for you. Every product recommendation and piece of content speaks to your interests and needs. This is the power of personalization in marketing. By gathering and utilizing data on your behavior and preferences, brands can create a truly unique and tailored experience for each individual customer. From behavioral to contextual, demographic to predictive, there are many ways to personalize marketing tactics and make every interaction feel special.

    Behavioral personalization involves tailoring the customer’s experience based on their past behavior. Ecommerce websites, for example, recommend products based on past purchases, browsing history and search queries. In contrast, contextual personalization is based on a customer’s current context, such as their location or time of day. Demographic personalization involves tailoring a customer’s experience based on their location. Predictive personalization uses data analysis and machine learning algorithms to predict customers’ interests and provide personalized recommendations.

    Personalization in marketing involves using data and technology to create a more relevant and personalized customer experience, which can drive better engagement. It is a critical strategy for businesses looking to stay ahead of the competition and connect with customers more meaningfully. One of my golden rules in all my companies is to keep it customized and personalized to the audience we need to speak to.

    Related: 3 Tips for Using Consumer Data to Create More Personalized Experiences

    The benefits of personalization

    Personalization in marketing has become a critical strategy for businesses because it can increase customer engagement, drive higher conversion rates and improve customer loyalty. By delivering personalized experiences, companies can create stronger customer connections, improving brand perception and repeat purchases.

    According to a study by Experion, personalized emails have an open rate of 29% higher than non-personalized emails. Additionally, a Segment study found that customized product recommendations can increase conversion rates by up to 300%. These statistics demonstrate the powerful impact of personalization on driving business results.

    In addition to these benefits, personalization can also improve customer loyalty. An Infosys study found that 74% of customers feel frustrated when website content is not personalized to their interests. Moreover, 59% said personalization influences their shopping decisions. By delivering customized experiences, businesses can show their customers that they understand their needs and preferences, leading to increased loyalty over time.

    Best practices for personalization

    Personalization in marketing campaigns can boost customer engagement, loyalty and conversion rates. To succeed in personalization, data collection and analysis are crucial. Here are some tips for personalization in marketing campaigns:

    First, collect as much data as possible about customer behavior and preferences. This includes their purchase history, browsing behavior and social media activity. Analyze this data to identify patterns and trends and use it to tailor marketing messages and offers to individual customers.

    Second, segment customers into smaller groups based on shared characteristics such as location, behavior or demographics. This enables businesses to create targeted marketing messages and promotions relevant to specific customer identifiers.

    Finally, testing and optimization are essential for successful personalization. Use A/B testing to experiment with different personalization strategies and optimize campaigns based on the results.

    Several companies have successfully implemented personalization in their marketing campaigns. For example, Amazon uses data to recommend products and provide personalized shopping experiences. Netflix uses customer viewing data to suggest customized content, while Spotify utilizes customer data to create personalized playlists and recommendations. Through its Beauty Insider loyalty program, Sephora leverages customer data to provide tailored product recommendations and offers.

    Related: These Are the Biggest Takeaways from 2022. What Does 2023 Have in Store for the Customer Experience?

    Overcoming personalization challenges

    Personalization in marketing campaigns has benefits, but challenges such as data privacy and scaling personalization efforts must be addressed. Businesses must be transparent about data collection and use practices to build customer trust. Investing in technology like AI-powered tools can help companies automate personalization efforts and create personalized experiences at scale.

    Several companies have successfully implemented personalization in their marketing efforts, achieving impressive results. For example, Coca-Cola used personalization to create unique bottles for its “Share a Coke” campaign, featuring customers’ names on the label. This campaign resulted in a 2.5% increase in sales and more than 500,000 photos were shared on social media using the campaign hashtag.

    Another successful example is Spotify, which uses personalization to create personalized playlists and recommendations for each user. This has significantly increased user engagement and retention, with over 60% of users listening to recommended music regularly equaling a total of 30% of total listening.

    These companies demonstrate how personalization can create more engaging and effective marketing campaigns. By leveraging customer data and delivering personalized experiences, businesses can increase customer engagement, boost loyalty and drive sales.

    The future of personalization in marketing

    As technology evolves, personalization in marketing will also grow, with emerging technologies such as AI potentially revolutionizing businesses’ personalization. AI can analyze vast amounts of customer data in real time, allowing companies to deliver highly personalized customer experiences at scale. In the future, businesses may use technologies like facial recognition or VR to create even more individualized experiences.

    Businesses must invest in emerging technologies like AI and machine learning to implement personalization effectively. Yet, challenges such as data privacy concerns and scaling personalization efforts must be addressed. Transparency about data collection and investment in technology that can automate personalization efforts can help.

    Modern marketing relies heavily on personalization to increase customer engagement, loyalty and sales. Amazon, Spotify, Sephora and Coca-Cola have all implemented personalization successfully. To stay competitive, businesses must prioritize personalization, invest in emerging technologies and build customer trust through transparency and privacy. Creating more engaging and effective marketing campaigns in the modern era will require businesses to utilize personalization.

    Related: Owning Your Customer Data Is the Key to Profitability. Here’s Why.

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  • Save Your Essential Files on a 500GB External Hard Drive | Entrepreneur

    Save Your Essential Files on a 500GB External Hard Drive | Entrepreneur

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    Some files, you just can’t afford to lose. A study by Invenio IT found that businesses can lose millions in moments due to lost data, and it’s not just a loss of information. Productivity struggles to progress if you don’t have your essential information, even if it’s safe online but you don’t have internet access.

    If you want to make sure you have consistent access to your most essential data, keep it safe on an external hard drive. This 500GB Ultra-Slim Portable External Hard Drive is on sale for just $32.99 (reg. 39), and it could be a valuable asset in preventing lost data.

    Protect your business’s files.

    This compact, portable hard drive is easy to use and could have a major impact on how you work. Just connect a compatible USB 3.0 cable and start uploading or downloading your files as needed. Connect Mac or Windows computers, mobile devices, and more. Some older devices may require reformatting, but that still leaves you with considerable room for storage. You can expect read and write speeds up to 100MB/s.

    Though this hard drive is listed as 500GB, it may appear as 465GB when you open it on your computer. That is because the notation computers use to measure available space differs from hard drive manufacturer notation. It is still a considerable amount of room in which you can store the files your business cannot risk losing.

    The only way to lose the data on this hard drive is to lose or destroy the drive itself. Hackers can’t access what isn’t plugged in, so it may even be safer than many cloud storage options. Plus, you don’t need an internet connection to access your files. Take your work home with you with a hard drive that may be even smaller than your smartphone.

    Save on a 500GB portable hard drive

    For a limited time, get the 500GB Ultra-Slim Portable External Hard Drive on sale for $32.99 (reg. $39).

    Prices subject to change.

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  • This $26 App Bundle Could Protect Your Business Against File Loss | Entrepreneur

    This $26 App Bundle Could Protect Your Business Against File Loss | Entrepreneur

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    On average, even small-scale data loss can cost a business up to $35,000. While upgrading your company computers may be good news, leaving behind essential files is not.

    This PC Transfer Kit Bundle gives you three tools to help you move, back up, and securely delete important files from your devices before upgrading. And right now, you can get the bundle, which includes PCmover Professional, DiskImage, and SafeErase, for $25.49.

    Use PCmover Pro to automate the transfer of applications, files, settings, and user profiles from one computer or operating system to a new one. It will streamline the upgrade process between devices so you don’t have to manually re-download all your essential software.

    If something doesn’t switch over, just send it again. Nothing is deleted. One user said: “Pick the files that you want and start the transfer…Doesn’t get much easier.”

    File backup services are helpful, but they don’t always protect everything. DiskImage creates a perfect copy of all your applications, files, and settings. Create copies on a schedule or manually. You can store your copy on a Boot CD, external storage that boots up when you plug it in. This license doesn’t come with a separate Boot CD, but you can use this app to make one. If you ever need to restore your computer, just plug it in and wait.

    Until April 11 at 11:59 p.m. PT, get the PC Transfer Kit Bundle for $25.49 (reg. $129) with code TRANSFER30.

    Prices subject to change.

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  • Does Your Company Need Identity Security Training? Here’s How To Keep Everyone’s Data Safe. | Entrepreneur

    Does Your Company Need Identity Security Training? Here’s How To Keep Everyone’s Data Safe. | Entrepreneur

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    Customer identity security is crucial, especially in this day and age.

    With an increasing number of cyber-attacks and data breaches, businesses must be vigilant in protecting the identities of their customers.

    Let’s discuss why customer identity security awareness is crucial for businesses and what they can do to ensure their customers’ information stays safe.

    Related: How to Identity Proof in an Increasingly Virtualized World

    Importance of protecting personal information

    Identity theft can have severe and long-lasting consequences for individuals, including financial losses, damage to their credit score and even legal issues.

    Individuals must protect their personal information and be aware of the risks of online sharing. This includes being cautious of phishing scams, using strong and unique passwords, and regularly monitoring their credit reports.

    Related: What Is Phishing? Here’s How to Protect Against Attacks.

    Organizations are also responsible for protecting their customers’ information and implementing strong security measures to prevent data breaches.

    This includes investing in cybersecurity solutions, regularly training employees on best practices, and conducting regular security audits to identify and address vulnerabilities.

    Organizations must also be transparent with their customers about data breaches and the steps they take to protect their information. Here’s why customer security awareness is crucial:

    1. Protecting customer information

    The number one reason customer identity security awareness is important is to protect the customers’ personal information. Info like names, addresses, phone numbers, email addresses, and payment information are valuable assets for cybercriminals.

    Related: 5 Ways to Protect Your Company From Cybercrime

    If this information falls into the wrong hands, it can lead to severe consequences, including identity theft, financial fraud, and reputational damage to the business.

    2. Maintaining trust and confidence

    Companies should be responsible for their customers’ data. If a company experiences a data breach, customer trust and confidence in the business can be severely damaged. This can result in long-term consequences for the business and harm to the company’s reputation.

    3. Complying with regulations

    Businesses must comply with various regulations and laws governing personal information handling.

    For example, the European Union’s General Data Protection Regulation (GDPR) requires businesses to protect personal data and report any data breaches to the relevant authorities. Failure to comply with these regulations can result in substantial fines and legal penalties.

    4. Preventing cyber attacks

    Cyberattacks are becoming increasingly common and sophisticated, and businesses must be prepared to defend against them. Cybercriminals can use various methods to access sensitive information, including phishing scams, malware, and social engineering attacks.

    5. Improving customer experience

    Customer identity security awareness can also improve the customer experience. When customers know that their personal information is being protected, they can have peace of mind when conducting transactions with the platform and would love to stay with the brand for longer.

    Tips to Improve Customers’ Identity Security Awareness

    1. Stay educated and informed

    It’s crucial to stay up-to-date on the latest threats and trends in cybersecurity, as well as regularly educate your customers and employees on best practices for protecting their information. You can read industry news and articles, attend webinars and training sessions, and stay informed about new security technologies.

    As an enterprise, it’s your responsibility to ensure your customers constantly learn about the latest threats and vulnerabilities and are shielded against them.

    2. The use of strong passwords and enabling multi-factor authentication (MFA)

    These steps can significantly enhance the security of your accounts and help prevent unauthorized access to your information and identity theft. With MFA, enterprises can stay assured that even if one aspect of authentication, like passwords, is compromised, there’s another stringent mechanism to reinforce customer account security.

    Related: What You Need to Know About Multifactor Authentication

    Educating your customers regarding strong passwords and your enterprise’s security posture and offering frequent training sessions to utilize the identity management tools efficiently can eventually be a game-changer in reinforcing your customers’ identity security awareness.

    3. Educate your customers to review security policies

    When it comes to identity security, the threat landscape is quite broad. And a single mistake from your customers’ end could lead to severe consequences that may even hamper your brand reputation. It’s a great idea to educate your customers about the potential threats they may encounter while browsing other platforms.

    Here’s what needs to be done from your end to ensure robust customer identity security:

    • Educate yourself about the importance of regularly reviewing privacy settings: Ask your customers to regularly review privacy settings on social media and other online accounts that can help prevent sensitive information from being shared with unauthorized individuals. This can include checking who can see personal information.
    • Understand what sensitive information is: Ensure your customers are well aware of sensitive information, which includes their social security numbers, credit card numbers, health records, passwords, and even their mother’s maiden name. It is essential to keep this information safe because it can be used for identity theft or fraud.
    • Identity protection: Identity protection involves keeping an eye out for suspicious activity in their name or an attempt to gain access to accounts that belong to them. This could include someone applying for credit cards in their name or attempting to access bank accounts linked to their social security number.

    In a nutshell, identity security is and will be an important aspect of business and client relations. Neglecting identity security can lead to significant consequences for both individuals and businesses. Businesses must educate their customers about the importance of identity security and provide them with the necessary tools and resources to protect themselves.

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  • This Cloud Storage Solution Keeps Important Files in One Spot, and It’s Now Just $70 for 10TB | Entrepreneur

    This Cloud Storage Solution Keeps Important Files in One Spot, and It’s Now Just $70 for 10TB | Entrepreneur

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    As an entrepreneur, ensuring your file storage situation is in order can significantly improve your daily workflow. Nothing is worse than wasting time looking for a file or getting the dreaded notification that your smartphone, tablet, or laptop is out of storage.

    Solve both of those pesky problems with some help from Prism Drive Secure Cloud Storage. This safe cloud storage solution lets you save any type of file from any kind of device and then proceed to access it from anywhere. And right now, you can score 10TB of storage for only $69.97 for a limited time.

    Free up precious space and make sure your files are organized with Prism Drive Secure. This cloud storage service helps you stay on top of important files by keeping them in one secure spot, where you can easily share them and access them as needed.

    From documents to music files to images, Prism Drive Secure Cloud Storage lets you store them and preview them easily in the app or on your browser before downloading. A drag-and-drop feature makes uploading, selecting, and moving files and folders a breeze. A trash recovery feature ensures you don’t accidentally lose anything.

    Happy customers are raving about it. Romy shared, “I recommended your service to all my co-workers; it’s really user-friendly. Keep up the good work!” And Amir wrote, “Easy to download and use. I bought 2TB for one year, and this will help keep all my data safe in one location and give me the easy access I need to use it.”

    Get 10TB of lifetime storage with Prism Drive Secure Cloud Storage for only $69.97, the best price online, from April 5 through April 11 at 11:59 p.m PT. No coupon code needed.

    Prices subject to change.

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  • Is Your Start Up Safe? Here Are 7 Reminders On How To Protect It From Common Threats | Entrepreneur

    Is Your Start Up Safe? Here Are 7 Reminders On How To Protect It From Common Threats | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    There’s a lot of moving parts when it comes to starting a business. And always the topic of security will come up.

    Security is one of those things that has been discussed in detail, but to arm your organization, it’s about making sure that you understand what threats you are up against. It requires a number of physical, digital, and mental security measures to protect your startup; here are some tips that can help you protect your company and promote longevity.

    Proper identification

    If you want to secure your premises, you’ve got to look from the outside in. Exterior security comes in many different ways, like security cameras, security guards, or fencing, but one of the simplest methods you can use to prevent any intrusion is to issue company ID badges for every member of staff. There are a number of external components that you can leverage, but you must think about proper identification as being a simple notion that underpins your entire business.

    Communicating properly

    It is essential to make sure your employees are knowledgeable in basic security that can minimize threats. Something like phishing scams is still commonplace, and one of the biggest reasons that companies fall foul of these is because they’re not communicating security measures in simple language. When we talk about security and compliance, we can easily start to overcomplicate the language, and providing information in the most basic ways that everybody can understand means you are not suffering from oversimplification but are benefiting from over-communication.

    Related: Your Fight-or-Flight Response Can be a Good Thing at Work — Here’s How to Take Advantage of It

    Security is something we must work hard at for our business and of the major problems that can be endemic in startups is using overly complicated language, not just in security but in every other aspect of our business. Ensuring we talk about things clearly and in language that everybody understands can get our point across so the message will spread further.

    Appropriate surveillance

    Whether inside or outside of your business, you can benefit from surveillance like CCTV, but there’s more to it than just the most up-to-date security system. Surveillance is also about providing deterrence. Potential intruders will weigh up a location to see if it is worth breaking into before anything else. While a security camera can be enough to deter a thief, there are other methods, like clear signage and a professional security firm, that provide reassurance. Surveillance is easier to achieve than ever, as long as you ensure your physical surveillance is more robust you should have no problem protecting your assets.

    Internal physical startup security

    The topic of security is not just about the exterior. Ensuring that we go beyond ID badges and provide greater access to certain members of the business (and limited access to others) is about a logical approach to investing in security. There are a number of methods beyond ID badges you can take advantage of; physical barriers are one approach, but you can also limit access to more sensitive locations, like data centers, where certain members of staff would not be able to infiltrate. While this can go against the grain of transparency in an organization, if you are looking to protect a number of physical assets from within, you have to implement greater supervision. One of the more common methods of theft comes from within.

    Related: 3 Biggest Cybersecurity Threats Facing Small Businesses Right Now

    Understanding your employees can steal too

    When we place a lot of trust in our employees and someone breaks that trust, it can hurt. Breaking trust can make us feel more inclined to increase our security measures. This is partly why simple internal security measures like a security camera can do a lot, but it’s also about making sure that you recognize the signs of a fraudulent employee.

    Backing up data

    Regular backups are a simple thing but are critical to disaster recovery. The act of regular backups to a cloud system is one approach. However, if you are not utilizing the cloud yet and are still using hard drives, these can be physically stolen. Keeping them under lock and key is one simple approach. On the other hand, you should implement company policies that stipulate backups need to be stored securely.

    Embedding a culture of startup security

    To increase your security measures, you need to prioritize a security-oriented culture. Many startups are aware of the importance of culture. They see it as a way to increase trust and help onboard new team members. Whenever somebody comes into your business, this is the ideal opportunity to reiterate your security-based objectives. When you start to bring new team members on board, you can start bringing in new rules. You can also start fine-tuning those security practices. We should take advantage of bringing in new practices especially if we found our security methods have been underwhelming in the past.

    It is such a simple thing. When you start to bring newer team members on board, you can give them greater understanding in what makes a more secure business. The foresight to adopt new measures and adapt to older ones will provide greater reassurance. A culture of security within your business has nothing to do with your budget or your employee skill set, but it is one component that greatly improves a business in subtle ways.

    When employees have a greater level of autonomy, they will work better. For this to work for your business, you’ve got to fine-tune the culture. Fine-tune what makes a great culture in the first place. Employees need to have that peace of mind. However, you must also ensure you are running a safe company. Placing trust in your employees and implementing autonomous practices can significantly enhance your business’s security. This can be done without necessarily requiring additional equipment investment.

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  • Make File Navigating a Breeze with This Convenient Software for Mac or Windows | Entrepreneur

    Make File Navigating a Breeze with This Convenient Software for Mac or Windows | Entrepreneur

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    Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

    From staffing to budgeting, there are many things to worry about as a busy entrepreneur. Managing your digital storage shouldn’t be one of them, but often times, it can be hard to streamline your files and data.

    Fortunately for entrepreneurs, there’s a convenient and easy-to-use cloud storage solution available with CloudMounter. This convenient service lets you connect your cloud drives right to your computer’s local folders, making navigating all your files easier than ever. And right now, a lifetime license for Mac or Windows is available for just $19.99 — 55% off the usual price. That’s the best price available on the web.

    Don’t waste time swapping between apps searching for an important file. Instead, let CloudMounter help you manage your digital storage. This handy software gives you centralized access to popular cloud storage accounts like Dropbox, Google Drive, Microsoft Onedrive, and more. That means you’ll be able to copy, paste, move, and manage files between all of these apps in one convenient spot.

    Aside from making file searching simple, CloudMounter doesn’t sync your files with your local computer, which helps save tons of hard drive space. And you can enjoy peace of mind knowing that your data is secure and protected with their high-end encryption algorithm.

    CloudMounter was an SIAA CODIE Awards Best Cloud Management Solution Nominee in 2017 and has racked up some impressive ratings. It boasts 4.5 stars on Capterra, 4.5 stars on the App Store, and customers are enjoying their experiences. Giovanni raved, “Awesome software! Easy to install and set up!! And you cannot beat the price, I would highly recommend.”

    Get a CloudMounter Personal Lifetime License now for the lowest price on the web, just $19.99 for Mac or Windows and take charge of your data storage.

    Prices subject to change.

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  • Get 10TB of Cloud Storage for Life for Just $79

    Get 10TB of Cloud Storage for Life for Just $79

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    Opinions expressed by Entrepreneur contributors are their own.

    Everybody creates huge amounts of data in the digital age. Entrepreneurs just happen to create even more since they manage their professional and personal lives on their devices. When all that data gets to be too much for your smartphone and laptop, it’s time to invest in cloud storage.


    StackCommerce

    Fortunately, during our Same You, New Focus sale, we’re offering one of the best deals on cloud storage you’ll find anywhere. As long as you order before 11:59 p.m. Pacific on January 9, you can get lifetime access to 10TB of backup from Degoo Premium for just $79.

    Degoo is a user-friendly, AI-based cloud storage platform that provides more storage space than Dropbox, OneDrive, and Google Drive combined. Everything is stored under ultra-secure 256-bit AES encryption for peak security, and the intuitive platform makes it easy to organize your data, the company says. You’ll have a 1GB file size limit, support for unlimited devices, and a one-year account inactivity grace period. (You can also make in-app upgrades if you want a larger file size limit, no account inactivity limit, and more.)

    Users have rated the service 4.5 out of 5 stars, and maybe that’s because Degoo is all about peace of mind—which is why it replicates your files when you upload them. The Android app can also keep your storage automatically updated thanks to intuitive file change detection. And, of course, Degoo makes collaborating and sharing files via email, link, or your preferred messaging app easier, too.

    Everybody needs cloud storage, but entrepreneurs need a viable solution a little more. Secure lifetime access to 10TB of cloud backup from Degoo Premium for just $79 through January 9.

    Prices subject to change.

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  • Get 10TB of Cloud Storage for Life for Less Than $90

    Get 10TB of Cloud Storage for Life for Less Than $90

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    Opinions expressed by Entrepreneur contributors are their own.

    All of us make a lot of data in our everyday lives; entrepreneurs just happen to make a little more. Data management is one of the most important skills an entrepreneur can have because it helps them stay organized and use data effectively to run their businesses. But when your devices are too full of files, they can slow down or even stop working altogether. That’s why you need reliable cloud storage like Prism Drive.


    StackCommerce

    Prism Drive is an efficient, secure way to clear space on your phone, tablet, laptop, or desktop and it’s currently on sale in the Entrepreneur Store for the best price you’ll find on the web. This storage solution allows you to upload any files (up to 10GB) from XLS to JPEG and everything in between straight to an organized hub where you can access all of your files from any device.

    Prism Drive makes it easy to organize your files and preview them inline so you don’t have to download them back to your computer to figure out what exactly they are. You can create shareable, password-protected links for all files, even large ones, to share with friends or colleagues, and even recover accidentally deleted files for 30 days in the trash bin. All of this is done through intuitive dragging and dropping.

    Perhaps most importantly, Prism Drive complies with all privacy laws and offers the strongest available transfer encryption with zero knowledge on their end of the files you’re sending.

    User Amir Khulad writes, “Easy to download and use. I bought 2TB for one year and this will help keep all my data safe in one location and give me the easy access I need to use it.”

    For a limited time, you can get a lifetime subscription to 10TB of Prism Drive Secure Cloud Storage for the best price you’ll find online, at just $89.

    Prices subject to change.

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  • How to Advertise to Customer Emotions Without Invading Privacy

    How to Advertise to Customer Emotions Without Invading Privacy

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    Opinions expressed by Entrepreneur contributors are their own.

    It’s probably not difficult to grasp that our customers’ purchase behaviors are deeply entangled with moods.

    There’s a reason that we call shopping therapeutic. Purchasing things we want sends a serotonin surge to the brain that can temporarily make us feel better if we’re stressed, depressed or anxious. Moreover, according to widely-cited research by Gerald Zaltman, 95% of purchase decisions are made subconsciously and driven by emotions — so it’s no surprise that advertisers have been interested in understanding and evoking particular mood states for generations.

    Now that data about internal states of mind is becoming more available, the stakes are higher when we consider how to act on this sensitive consumer information. For example, how far should brands go to utilize emotional data to encourage purchases?

    Let’s take a look at where we’re at and how brands can take a human-centered approach to the use of this sensitive information.

    Related: 5 Insights Into Human Behavior That Will Boost Your Sales and Marketing

    How we gauge emotions

    Let’s start with how we gauge emotions. Until recently, our data about feelings relied on self-reporting by consumers since it’s impossible to embody another person’s emotional experience. Self-reporting means that consumers answer direct questions about how they are feeling at a given time or in a given context. Usually, this happens via market research surveys.

    Neuroscience is advancing to the point that we may be able to accurately predict emotional states without relying on overt consumer admissions. This type of emotional assessment may prove to be even more accurate than direct consumer reporting since many people struggle to predict how they’ll feel in particular contexts.

    Technology that assesses activity in our brains is getting more advanced and better capable of predicting mood states. While most of this innovation is happening in research labs, we’re getting closer to realizing this technology as a marketing tool.

    Neuroscience and wearables

    The Art of Shopping, a subconscious shopping experience between art retailer Saatchi and eBay, is one of the most direct campaigns that aimed to utilize this technology in shopping.

    During the experiential retail event, attendees browsed an art gallery while wearing headsets that were designed to track a consumer’s mental engagement. When the software suggested that viewers were inspired, eBay added similar items to the patron’s shopping cart.

    While the activation was interesting, getting consumers to voluntarily and consistently wear mind-tracking headsets is far-fetched in our current environment. Although, it may become more common as more consumers adopt augmented and virtual realities.

    Today, wearables like fitness trackers and smartwatches are becoming more ubiquitous and can aggregate mood data inferentially or from the self-assessment of consumers. The devices can assess everything from our heart rate and breathing patterns to our mindfulness activity. This can imply or correlate to stress levels or provide more direct mood data on apps like Calm and Halo that encourage emotional reporting.

    Related: 4 Neuromarketing Hacks to Reach More People and Maximize Results

    Inferring emotional data

    There are other ways to gauge the mood of consumers, and some of them have a troubling history.

    Meta, formerly Facebook, was famously under the microscope for conducting a large-scale emotion experiment aimed at understanding if emotions spread through networks.

    It actively manipulated the algorithm of nearly 700,000 users without their informed consent, in order to serve them positive or negative content and to gauge the apparent mood in their resulting posts. Among other goals, the company was interested in how emotions might make the site more or less engaging.

    The more engaged users are on the platform, the more valuable they are to Meta’s advertisers. Critics worried that the company wanted to understand how to manipulate emotions to bolster its bottom line and increase purchases for its advertisers, without apparent regard for the impact on the consumer.

    Meta isn’t the only tech company making actionable inferences about emotions. Search engines like Google track emotional effects by utilizing software to assess language for positive and negative sentiments in search, among other tactics.

    In conjunction with the rest of their consumer data, such as browsing and purchase history, these tech behemoths have real power to understand, contextualize and leverage consumer emotion without the use of neurological equipment.

    Related: If You Want to Win Over Customers, Appeal to Their Emotions

    How are we using this data?

    Marketers are curious about how mood impacts purchases, and thereby interested in creating purchase paths that are aligned with particular feelings. Payment providers are paying attention as well. In fact, in their latest Future of Payments research paper, Worldpay from FIS identified personalization, including emotional engagement, as a trend that payment providers are attending to.

    Creating payment journeys that utilize emotional information from consumers may sound troubling. But it’s worth noting that consumers increasingly expect these kinds of personalized experiences from brands — as long as they are additive to the consumer journey.

    When an experience provides convenience to a consumer and helps the brand connect meaningfully with them, it can make the consumer feel supported and improve emotional engagement and loyalty.

    Striking a balance between utilizing emotional data to offer mutual brand-consumer gains while respecting consumer rights and privacy is tricky. This is why we need to think deeply about creating consumer safeguards as we venture into the future.

    Related: Personalization: A Perspective On The Future Of Targeting

    Where do we go from here?

    There’s no shortage of data, and we’re only going to get better at detecting and reacting to emotional states in various contexts. As advertisers and marketers, we need to be thoughtful about how all this emotional data is applied.

    We’ve already seen social media companies exploiting negative emotional states like anxiety and depression to move users toward a purchase path of aspirational products in categories like beauty and fitness (What’s even more troubling is that the algorithms are likely contributing to the negative emotional state, but that’s a conversation for another day). We’ve seen the same algorithms promote negative headlines that are likely to elicit engagement, which results in exacerbated political polarization and negative societal impacts more broadly.

    As an advertising community, we need to implement safeguards to protect consumers. These safeguards should come from regulators, as well as individual brands. Creating an ethics playbook prior to locking in uses of emotional data in the purchase path, conducting thought experiments for secondary and tertiary impacts of the use of mood-based information, and defining and acting in accordance with a brand’s values can help to ensure marketers are responsible brokers of mood data.

    It’s worth remembering that understanding emotion can have powerful positive consequences as well. As humans, we’re emotional beings and brands that can meet consumers where they are in their internal experiences are likely to create better and more meaningful connections. It’s imperative for brands to think through how they’re using emotional information, not only to create lasting relationships with consumers but also to take a human-centered approach to innovation.

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    Tina Mulqueen

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  • You Have to Tap Into Your Customers’ Subconscious to Keep Them Coming Back

    You Have to Tap Into Your Customers’ Subconscious to Keep Them Coming Back

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    Opinions expressed by Entrepreneur contributors are their own.

    When your app or website was just a small seedling of an idea, you probably had big plans for how people would use it. As you built and tested it, you imagined your product becoming as integral to users’ days as brushing their teeth or checking their emails. That was the hope, at least. But making your product a recurring part of users’ lives is easier said than done.

    To understand why we must first look at the mechanics of human behavior. Per the Society for Personality and Social Psychology, about 40% of people’s daily actions aren’t tied to conscious decision-making. Instead, they’re automatically initiated by situational cues and other triggers. This isn’t necessarily a bad thing. Rather, it’s a way to compartmentalize the myriad decisions we have to make every minute, hour and day. By eating the same thing for breakfast every morning, for example, we free up our mental capacity for more important decisions.

    The question is: How can you make your product so inviting that users have no choice but to incorporate it into their subconscious routines? This is especially important today, as McKinsey & Company found that more consumers have switched brands in 2022 compared to 2021 and 2020. What’s more, 90% of them plan to continue doing so. Here are three tips for creating product usage habits in your users, so they are more inclined to stick with your brand:

    Related: 5 Ways to Set Good Habits That Actually Stick

    1. Dig into your product usage data

    No amount of self-study or controlled testing will teach you more about your user journey — the good, the bad and the ugly — than product usage data (i.e., the information users generate as they interact with your product). From geolocation to session length to tasks completed, these rich insights span numerous types of data and actions.

    For instance, when you open the Grubhub app, it’s not just logging your food order. It’s also looking at where you were when you opened the app, which features you explored versus which ones you bypassed, how long it took you to decide between chicken nuggets and a burger and how long it took for your order to be fulfilled and delivered.

    If that sounds like a lot of data, it’s because it is. But when segmented and analyzed, this treasure trove of information can help you tap into your product’s habit-forming potential. To that end, you should plot two key product usage data points: frequency (i.e., how often users repeat a specific behavior) and perceived utility (i.e., how useful and rewarding users perceive that behavior to be).

    Plotting these points is only step one, however. Next, you need to understand the bigger story behind the actions and what they tell you about the user journey. For example, imagine users are clicking a specific button at a higher frequency. Can you link those button clicks to higher retention among that group? That might tell you the button is a “sticky feature,” or a dependable engagement driver that encourages repeat uses. With that information, you can more easily identify and clear the friction points in your product to deliver greater value and encourage recurrent use.

    Related: Using Data Analytics Will Transform Your Business. Here’s How.

    2. Deploy user-centric reminders

    Unfortunately, developing products isn’t a “build it, and they will come” situation. If you want your product to become second nature to users, you need to develop a messaging strategy that taps into intrinsic motivators and helps users bust through inertia.

    Take 15Five, for example. The team management software platform allows employers to keep a pulse on their employees’ goals through weekly check-ins. Employees must log in to their accounts on a specific day to answer a series of questions and set goals for the upcoming week. But how does 15Five build and maintain engagement in its platform beyond the check-in? Well, mid-way through the week, it sends every employee an email reminding them of their goals.

    Because employees were the ones who set the goals, the reminder acts as an intrinsic motivator to provoke action toward goal completion or adjustment. The messaging that 15Five uses is effective because it’s inherently user-centric: Review your goals. Plus, even if employees don’t go into the app itself, the email nudges them to at least think about their goal progress.

    We know this kind of messaging works. Language-learning platform Duolingo, for example, prompts users via notifications to practice every day and continue their learning streaks. The company’s research shows that these reminders and streaks are highly motivating for users.

    Related: People Love Playing Games. Use These 4 Psychological Hacks to Keep Customers Coming Back for More.

    3. Use hooks to turn behaviors into habits

    Turning conscious behaviors into subconscious habits ultimately comes down to repeatedly linking your users’ problems to your solution. This methodology is what tech entrepreneur Nir Eyal calls the “hook model” in his book “Hooked.” The hook model is made up of a four-phase process with consecutive cycles:

    The first phase is the internal (e.g., users’ intentions or goals) or external (e.g., a “buy now” button) triggers that cue a particular behavior. The second is the completed in-app behavior or action in anticipation of a reward. The third phase is the variable reward, or the result of taking action that leaves users wanting more (e.g., connectedness or physical products). Fourth is the investment that sweetens the deal for future cycles through the hook model.

    When building hooks, you need to get to the heart of each phase in the cycle. For instance, when looking at internal triggers, ask yourself what users want and what pain points your product alleviates. In contrast, if you’re brainstorming external triggers, focus on what brings people to your specific product.

    When looking at actions, try not to overcomplicate things. Instead, look for the simplest action users might take if a reward is involved. Remember, if users don’t have sufficient motivation or ability to complete the action, they won’t. When it comes to the variable reward phase, ask yourself how you can fulfill the reward without veering into finite variability territory. The last thing you want is your experience to become so predictable or boring that users have no reason to return.

    Although variable rewards are about immediate gratification, investments are more focused on long-term rewards. Therefore, think about how much work users are willing to put into your product to enjoy those lasting rewards. Consider a product such as Pinterest, for example. A user might find satisfaction in an individual image on the platform, but that image alone isn’t what builds lasting engagement. Instead, the collection of images across all their Pinterest boards makes the platform more valuable and harder to leave. That’s the investment.

    Every business owner’s dream is to lead a company that’s indispensable to customers’ lives — but doing so requires more than just a good product. Habits are made, not born. So, follow these three tips and see how customers start to incorporate your offering into their routines.

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    Nick Chasinov

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  • All the Cloud Storage You Need Is on Sale for the Holidays

    All the Cloud Storage You Need Is on Sale for the Holidays

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    Opinions expressed by Entrepreneur contributors are their own.

    You’re always juggling a lot as an entrepreneur, one thing you shouldn’t have to worry about is if your devices are going to run out of space. Cloud storage is a simple, intuitive solution to all of your personal and professional data storage needs. But it’s not always exactly budget-friendly.


    Koofr

    Right now, however, it is. During our Last Chance Shipping promotion, you can save an extra 20% off Koofr Cloud Storage and get 1TB of cloud storage for life, available instantly.

    Koofr is a private and simple cloud storage service that you can access via web, mobile, and WebDav. It claims to be the only web service that doesn’t track you and makes life convenient by connecting your existing cloud accounts on Dropbox, Google Drive, Amazon, and OneDrive to seamlessly manage all of your files in a single place. You can upload, access, and share files without size limits with the peace of mind of knowing that all files are encrypted in rest and in transfer, keeping them completely secure, the company says.

    Koofr also gives you a set of tools to clean up and organize your data. You can find and remove duplicate files with the Duplicate Finder, rename multiple files at once with the advanced renaming option, and customize link appearances so you can find important files quickly.

    Koofr has earned 4.6/5 stars on G2, GetApp, and Capterra, and 4.3/5 stars on Trustpilot because it’s one of the most reliable and trustworthy names in the cloud storage business.

    This year give (or get) a gift that doesn’t have to ship. For a limited time, you can get a lifetime subscription to 1TB of Koofr Cloud Storage for an extra 20% off at just $111.99 (reg. $2,700) when you use promo code KOOFR at checkout.

    Prices subject to change.

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  • Weak Cybersecurity Hurts Your Business. Here’s How to Save It.

    Weak Cybersecurity Hurts Your Business. Here’s How to Save It.

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    Opinions expressed by Entrepreneur contributors are their own.

    If you were to ask five random strangers from different walks of life what the major threats to the future of small businesses are, you’re likely to get similar answers. The potential responses would likely include rising inflation and possible recession, job market volatility, the speed of technological advancement, supply chain issues and more.

    The real question is, what insidious threat is far too often shunted to the back burner, passed on to the next operating budget? What issue is left to address when revenue is on the right trajectory, inventory is viable, growth is stable and scaling up is starting to take shape?

    Cybersecurity.

    Related: Cybersecurity Is No Longer An Option. Your Money Is in Immediate Danger.

    Ignoring the warnings is the easy — and shortsighted — path for SMBs

    Ignoring the gravity of cyber threats is a dangerous gamble. The risk is undeniable:

    • 61% of small businesses suffered a cyber attack in 2021
    • Small businesses account for 43% of all data breaches
    • More than half of small businesses that suffer a cyberattack close within six months

    Acknowledging the harsh reality the majority of individuals choose to ignore is a crucial stepping-off point. A true understanding of the situation results in knowing what protective measures must be taken. Creating and implementing cybersecurity measures must be a high priority for businesses of all sizes, particularly SMBs, where the margin for error is razor-sharp.

    Pressure to allocate resources effectively undercuts cybersecurity efforts

    There are few endeavors as nerve-wracking, terrifying, and potentially disastrous — yet 100% worth it — as starting and running a small business. I’ve experienced the passion that drives those dedicated to seeing it through. I’ve felt the fuel that burns within team members fully committed to taking an idea and nurturing it into a viable, self-sustaining entity.

    It’s no secret that the odds are stacked against us. The numbers don’t lie. It’s widely reported that, on average, 8 out of 10 small businesses fail within the first year. The odds get even grimmer within five years, with nearly half of all new small businesses closing up shop.

    Given the evident confidence and enthusiasm founders exude, why do the majority of small businesses trivialize or wholly ignore cybersecurity? Why is the immense potential for all-too-truly disaster lurking around every corner? It’s a matter of resources and a lack of an informed perspective.

    Related: 5 Ways to Protect Your Company Against Cyber Attacks

    SMB leadership must elevate cybersecurity

    Addressing cybersecurity as a small business is a necessary undertaking that sees greater complexity and effort over time. There are foundational steps that need to be taken, which are strengthened with increased security measures. Given the undeniable threats lurking, the stronger a business’s protection features, the better.

    Here are some crucial measures to take from the get-go:

    • Internet and firewall security software. It is important to have both antivirus and firewall software running, as they address distinct issues. Firewalls prevent outside access to any data on a private network; integrating trusted security software, operating systems, and web browsers is essential armor for network-connected usage of that data.
    • Data backup. If a cyberattack occurs involving hijacking or corrupting company data, a quality, reliable backup will be a lifesaver. Data backups must be regularly updated to ensure prompt utilization.
    • Secure Wi-Fi. A simple, straightforward measure, a secure Wi-Fi setup is a powerful piece of the protective puzzle. Going above and beyond the basic security offered by your provider may be necessary.
    • Controlled access and authority. The most effective way to avoid potential crises is to implement controlled access to data and limit user authority. This action helps ensure employees don’t inadvertently install or operate compromised programs, weaken cybersecurity settings or access data and information that falls outside the scope of their responsibilities.

    Awareness, education and formal policies are vital for cybersecurity defense

    One of the most critical steps a business can take is employee cybersecurity education. Without a thorough awareness and understanding of the myriad ways cybercriminals attack, employees are weak links that will inevitably be compromised. Basic instruction on the severity of the threat and critical risks to avoid will go a long way in bolstering the strength of active cybersecurity defense.

    Equipping your company with established cybersecurity policies and action plans strengthens the foundational steps outlined above; these steps ingrain a defensive mindset and preparedness essential to countering adaptive cybercriminal attacks. The specific plans created will vary in correlation to the size and structure of a business but can include the following:

    • Internal incident response plan
    • Mobile device action plan
    • Crisis response/client engagement plan

    Related: 5 Leadership Strategies to Improve Team Performance and Grow Your Small Business

    Securing survival and success as an SMB in a challenging economic landscape

    Every small business is unique. Every owner, every leadership team and every staff member — everyone has their own story. It’s hard to say if they will all get told.

    When navigating the endless parade of pressing concerns, looming threats and demands on dwindling resources of time, the energy and effort required can seem overwhelming. Lumping cybersecurity measures into the to-do list to tackle another day may seem to make sense at the moment, but reality paints a much different picture.

    When leading a small business, there are appropriate levels of time and resources to invest in any given issue. Finding the right level for their business will be a call they have to get right.

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    Summit Ghimire

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  • How to Become Master of Your Data with Microsoft SQL For Only $40

    How to Become Master of Your Data with Microsoft SQL For Only $40

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    Opinions expressed by Entrepreneur contributors are their own.

    Data is vital in business. Every entrepreneur, no matter how big their company is, can use data to draw valuable insights about their business and customers. But not all data sources are created equal and not all are as usable as you’d like them to be. That’s why it’s valuable to have an understanding of tools like Microsoft SQL.


    StackCommerce

    SQL is a special programming language designed for managing data held in relational database management systems. It helps you retrieve, organize, and manage data much more effectively, making it more usable for your aims. If you’re struggling with your data, it’s time to delve into The 2023 Professional Microsoft SQL Database Development Bundle.

    This eight-course bundle is curated and taught by Packt Publishing (4.0/5-star instructor rating). Packt has published more than 4,000 e-books and videos to date, helping IT professionals and newbies alike learn the actionable knowledge they need to thrive in a competitive space.

    This beginner-friendly bundle will start you out with the absolute basics. You’ll learn the difference between the query language and databases, understand SQL Server structure, and learn how to insert and delete values in a table using SQL Statements. From there, you’ll learn how to use SQL for practical skills like marketing by writing statements to select data and learning how to aggregate data to perform functions like counting.

    As you get more comfortable with SQL, you’ll expand your knowledge by learning how to build applications that utilize SQL, understanding modern web development with MySQL and Heroku, and much more. There are also courses on using SQL in the cloud, PostgreSQL, and more.

    Work with data like a pro. Right now, you can get The 2023 Professional Microsoft SQL Database Development Bundle on sale for a limited time for just $40.

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  • Drive Product Growth With A Metric That Guides You to Success.

    Drive Product Growth With A Metric That Guides You to Success.

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    Opinions expressed by Entrepreneur contributors are their own.

    As continues to crack down on how companies handle user data, it’s time for the business world to think about what exactly they’re collecting and measuring. The country’s strict laws make it more challenging to store and manage Chinese consumers’ data, but it could also have more wide-reaching ramifications if other countries decide to adopt similar regulations (much like the EU’s General Data Protection Regulation). This will lead to a new digital landscape when it comes to data and metrics.

    Not long ago, marketing and growth teams relied on just a handful of metrics to analyze campaigns and measure business performance: revenue, expenses and profit. Then, the internet exploded, ushering everyone into the information age. The rapid proliferation of , and data-collection methods created a feeding frenzy of sorts.

    Marketers and product teams began capturing and measuring anything and everything they could get their hands on. Their intentions were good: They thought if they collected every piece of data available, then voila, those metrics would reveal what was and wasn’t working in their products. In practice, however, they simply created a game of “find the needle in the haystack.” And unfortunately, there’s no winning that game.

    When it comes to product growth metrics, more isn’t always better. Having too many metrics is as bad as having none at all. Simply look at the sheer amount of data people generate to understand why. Research estimates that humans collectively will create more than 180 zettabytes of data by 2025. To put that in perspective, that’s equivalent to the storage of 2,587 iPhone 13 Pros per second (1 terabyte model).

    Imagine the resources and time it would take to track this much data. Plus, some of the information could be old or obsolete. Other metrics might be readily available but ultimately lack relevance and practicality. In the end, you’re data-rich but insight-poor — not a good position to be in.

    Why do you need a North Star metric?

    Rather than chasing down any metric that feels remotely related to your product, consider centering your product growth strategy around a singular guiding metric. Just as sailors used the North Star located directly above the Earth’s northern celestial pole to navigate oceans, you can use a North Star metric to align your team around the top-line goal of product growth.

    Of course, the sales, engineering, product and marketing teams can still have their own subgoals and metrics. But having that North Star shining brightly overhead keeps everyone moving in the same general direction. Because a North Star metric is focused on overall product growth, there’s a built-in level of teamwide transparency and camaraderie not found in other team-specific initiatives.

    However, what makes a North Star metric such an effective measure of success is its intrinsic relationship to users. By definition, a North Star metric is the number that best reflects the value your product delivers to users. Therefore, your teams will always be aligned and working together to grow your product.

    Related: Customer Experience Will Determine the Success of Your Company

    What constitutes a North Star metric?

    So, what exactly is a North Star metric? It’s important to note that revenue isn’t a North Star metric. When you track your product’s revenue, you track how much money you made at the end of the month, quarter or year. Though this is a decent indicator of success, it’s not user-specific. For example, revenue alone can’t tell you how much the average user spends on your products and how long they remain loyal.

    In general, there are five categories of North Star metrics:

    1. Customer growth: Customer growth-focused North Star metrics include market share and number of paid users, among others.
    2. Consumption growth: Consumption goes beyond mere site visits. Instead, think about this category through the lens of product usage, such as messages sent or classes attended.
    3. Engagement growth: If your product is an app, you might use engagement metrics — such as monthly or daily active users — to track the number of unique users within a specific time period.
    4. Growth efficiency: When comparing the value of a new user relative to the cost of acquiring one, you might leverage metrics around lifetime value and customer acquisition costs as your North Star.
    5. User experience: User experience metrics, such as net promoter score, provide data that helps you measure user satisfaction and product experience.

    Related: 4 Reasons Sharing Performance Metrics Will Accelerate Your Business

    What’s your North Star?

    Your North Star metric should be the one that’s most predictive of your product’s sustained success and how users get value from the product. Therefore, it will vary based on your industry, audience, offering, etc. For instance, a fintech product might coalesce around the total assets under its management or daily active users. In contrast, streaming company uses total hours streamed as their North Star metric.

    Of course, the metric you choose must be regularly measurable. It also needs to fulfill two other criteria to be considered a North Star metric: help generate revenue and mirror customer value.

    1. Help generate revenue

    A metric that doesn’t measure advancement toward goals in a way that informs your next steps won’t be useful at all. So, make sure you can directly tie your North Star metric to product growth. ‘s North Star metric, for example, is number of nights booked. This reveals platform growth and correlates with the value customers and hosts receive from good experiences.

    Just remember that it’s important to balance this criterion with the other two. For instance, if you hang your hat on a money-centric metric to the detriment of , you’ll ultimately drive users away. On the other hand, you can’t prioritize customer satisfaction at all costs, or you’ll run yourself out of business.

    2. Mirror customer value

    Your North Star metric needs to encompass what users find valuable about your product. If you fail to understand what they appreciate, then you’ll end up measuring the wrong thing. For instance, users disliked having to log in to ‘s virtual reality headset with a account. Meta was too focused on boosting its social media platform to realize that its audience wanted more flexibility and anonymity.

    To define your North Star metric, gather key stakeholders to outline your company’s needs and the value your product adds to users’ lives. Determine whether a metric helps users achieve the intended results of your offering. Look at the external factors that might impact your North Star metric, as well as the internal ones within your control.

    Related: How to Keep Leaders Focused on a Company’s Most Important Metrics

    Long ago, sailors turned their eyes to the sky to determine where they were going and what adventures awaited. In the same way, you can use your North Star metric to inform your product growth strategy no matter what the future holds.

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    Nick Chasinov

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  • Equinox Launches New Website Featuring Open Source Library Products, Services, and Education

    Equinox Launches New Website Featuring Open Source Library Products, Services, and Education

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    Equinox Open Library Initiative celebrates 15 years as a small business delivering ‘Extraordinary Service. Exceptional Value’ to libraries worldwide

    Press Release



    updated: Apr 20, 2021

    Equinox Open Library Initiative, Inc. proudly announces the launch of its newly designed website https://www.equinoxOLI.org, featuring open source library products, services, and educational resources. Equinox Open Library Initiative, the successor to Equinox Software, Inc., celebrates 15 years as a small business delivering “Extraordinary Service. Exceptional Value” to libraries worldwide. Equinox provides innovative open source software for libraries and consortia of all types, serving academic, public, school, corporate, cultural, and government organizations. The new website serves as the central place for current news from Equinox, information about open source library software, including Evergreen, Koha, Fulfillment, and CORAL, and details and announcements regarding Equinox’s grants, programs, and community events.

    “When you choose Equinox, you’re choosing a mission-driven small business with a proven record of technical expertise and outstanding service,” said Lisa Carlucci, Executive Director. “As we launch the new website and celebrate this important milestone, we are deeply grateful to the libraries, consortia, and community partners who have trusted Equinox to provide best-in-class library technologies.” 

    In addition to open source products, Equinox offers library consulting, training, and technology services. Consulting topics include workflow analysis, process improvement, consortial policy evaluation and management, web design, custom training sessions and workshops, IT services and support, and data services.

    “Our new website highlights our services and programs contributing to library open source software and infrastructure,” said Galen Charlton, Implementation and IT Manager at Equinox. “We hope that libraries and community members find it useful as a hub for finding open source resources and learning more about Equinox.” 

    Follow Equinox Open Library Initiative on Facebook, Twitter, LinkedIn and Vimeo for the latest updates. 

    To receive news directly in your inbox: https://www.equinoxOLI.org/#signup

    For more information:

    Laura Barry
    Communications Coordinator
    Equinox Open Library Initiative, Inc.
    laura.barry@equinoxOLI.org
    877.OPEN.ILS (877.673.6457)

    About Equinox Open Library Initiative

    Equinox Open Library Initiative provides innovative open source software for libraries of all types and delivers extraordinary service at exceptional value. As the successor to Equinox Software, Inc., Equinox Open Library Initiative builds upon more than a decade of trusted service and technical expertise, providing consulting services, software development, hosting, training, and support for Evergreen ILS, Koha ILS, and other open source library software. To learn more, please visit https://www.equinoxOLI.org. For Equinox Library Services Canada, please visit https://www.equinoxOLI.ca.

    Source: Equinox Open Library Initiative

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