Nugget of the Day

Sometimes you have to step out of your comfort zone to be successful in business and branding! #JUMP

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November 2014
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J.C. Penney plots e-commerce comeback

Nicole I. Henderson, MBA:

Can JC Penny pull off a come back? They seem to be headed in the right direction.

Originally posted on Fortune:

J.C. Penney [fortune-stock symbol=”JCP”] was once an e-commerce trailblazer. And now the department store operator, still recovering from a catastrophic sales decline in 2012, says it has a plan to reclaim that mantle.

The retailer launched into e-commerce almost 20 years ago, well before its main rivals: by 2007 web sales had reached $1.5 billion, way more than Macy’s [fortune-stock symbol=”M”] and Kohl’s [fortune-stock symbol=”KSS”].

But Penney frittered away that edge, the decline self-inflicted. The worst missteps were former CEO Ron Johnson’s focus in 2012 on a failed re-imagining of the 114-year-old retailer into a hipper store, along with the ill-advised separation of Penney’s e-commerce and stores teams, a strategy that flew in the face of every other retailer’s efforts.

The results were breathtaking: e-commerce sales fell by 33% in 2012, and Penney’s $1 billion loss that year left it hamstrung financially at a time the likes of Macy’s, Nordstrom…

View original 806 more words

Square just unveiled something coffee addicts have been dreaming about forever

Nicole I. Henderson, MBA:

It’s amazing what you can do with mobile technology. Brands need to make sure that they are mobile optimized.

Originally posted on Fortune:

This post is in partnership with Entrepreneur. The article below was originally published at Entrepreneur.com.

By Kate Taylor, Entrepreneur.com

Square wants to make getting coffee so easy that customers can enter a coffee shop, grab a piping hot latte ready for pick up, and then turn around and leave without stopping to pay.

The mobile payments company is rolling out a new feature in its food-pickup app Order that aims to eliminate the hassles of getting coffee: standing in line, waiting for your order to be completed and paying. Essentially, the updated version allows customers to order coffee on their phones and show up at the coffee shop anytime in the next 24 hours, expecting their order to be ready and fresh.

The key to this ease in ordering is “arrival prediction.” The feature uses first-to-market tech to alert baristas when a customer who has ordered a drink on…

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Facebook Launches Hyper-Local Ads Targeted To People Within A Mile Of A Business

Nicole I. Henderson, MBA:

This will be big for the small business owner.

Originally posted on TechCrunch:

Facebook’s mobile ubiquity and push for always-on location sharing came to fruition today with the launch of hyper-local advertising that could convince people to visit stores they’re nearby. Soon, brick-and-mortar businesses will be able to target ads to anyone who lives or was recently within a specific distance of their store. Advertisers can set a radius as small as a mile and the ads will show up on people’s phones or web browsers. These new Local Awareness ads will be available for US business owners in a few weeks, and around the globe in the next several months.

Hyper-local advertising has been a long time coming for Facebook. Way back in January 2011 it acquired Rel8tion, which did this kind of ad targeting. Then in June 2012, VP Carolyn Everson hinted that location-aware phones could one day power hyper-local Facebook ads, and I wrote about how they could work…

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20 Great Workplaces in Tech

Originally posted on Fortune:

The tech sector is still sexy — and has an abundance of dreamy jobs. These companies have perfected balancing tough, technical work with fun and friendly cultures.

There’s no shortage of perks at the world’s best tech employers — free food, massages, on site medical centers — the industry is jam-packed with employers who offer lucrative pay and enviable extras. A new study from the culture experts at Great Rated!, the workplace review site from Great Place to Work, names some of the best-in-class employers in and out of Silicon Valley. Here are 20 companies that are attracting and retaining today’s top talent in tech.

*Revenue figures are from the most recent fiscal year and headcount figures are the latest supplied by the company. Visit the Great Rated! links for full workplace reviews.

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Nope Looks Dope If You Don’t Want Your Webcam Spying On You

Originally posted on TechCrunch:

At Disrupt NYC earlier this year a TC colleague walked past the table where I was sitting and clocked my MacBook Air, which its patch of dog-eared masking tape covering the webcam, and said: “Wow, you’re so paranoid!” I quipped that Europeans generally are.

But in the digital sphere these days it pays to be paranoid. So covering a webcam is a not unreasonable security precaution — against hackers or even overreaching government surveillance programs.

If it’s connected it can be hacked. So the only way to be sure your hardware is not enabling a remote Peeping Tom is to physically cover the lens. Hence folk reaching for the reassuring certainty of masking tape.

But of course tape is not a pleasing fix to stick on your electronics. If you do need to use the webcam you have to peel off the tape, which takes times and can leave a gunky mess behind. It’s also not exactly convenient to…

View original 325 more words

Hootesuite raises $60 million, gets closer to IPO

Nicole I. Henderson, MBA:

The IPO is near. What do you think that this will mean for the end user experience of Hootesuite?

Originally posted on Fortune:

Social media management company Hootsuite this morning announced that it has raised $60 million in new private equity and debt funding, bringing its total outside financing figure to $250 million.

The key here is lead investor Fidelity Investments, which Hootsuite only refers to in its press release as “a large Boston-based asset manager.” A firm like Fidelity doesn’t put anyone on a startup’s board, nor does it typically offer any operational advice. Instead, it simply farms out shares to its various mutual funds, thus giving the startup a foothold when it comes time to go public.

“We are building a company that looks like a public company and one reason we’re excited about our new partner is their IPO expertise,” says Hootsuite CEO Ryan Holmes, who also declined to identify Fidelity as the new round’s lead investor.

Other participants on the deal included existing backers Accel Partners, Insight Venture Partners…

View original 163 more words

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