Archive for August, 2014

Flash to outshine disc-based storage

August 29th, 2014 | Category: Technology

Spinning magnetic Disc-based storage mostly sold by HP, EMC, NetApp and many others are faced with a competition from flash. Toshiba invented the flash technology back in 1984. Chips stored data when the device even turned off and uses less energy, works faster and require less space. Memory cards and USB memory sticks started to use the technology first and around year 2000 much more uses were added to the roster. New chip technology allowed it to produce cheaper chips and allow it to store more data. This paved the way for flash chips to be used even in data centers. Sales of flash chips are expected to rise to $1.6 billion a year by 2016.

Some data centers faced with disc-storage limitations are switching over to flash. The popularity of data centers within last few years creates a steady demand for flash chip makers. This may be why traditional storage makers are acquiring startup flash chip manufacturers to get into the game. The disc-based storage leader EMC acquired three startups within last few years. With the number of flash makers entering the competition, prices of flash are seen lot of pressure and expected to go even further down.

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How eBay Got its Start

August 21st, 2014 | Category: Business Services

This article was written by Phin Upham

Pierre Omidyar founded AuctionWeb in September of 1995. The company was based out of San Jose, and it was part of a larger group of sites that Omidyar was managing for personal reasons. Omidyar was amazed when his first item sold: a broken laser pointer that went for $14.83. Omidyar even went so far as to ask the bidder if he realized that the laser pointer was broken. The buyer claimed he collected broken lasers, odd, but it was enough to motivate Omidyar to pursue his creation.

Omidyar had the company’s PR team fabricate a rumor that AuctionWeb was created to help his wife sell Pez dispensers. This was an elaborate ruse meant to compensate for the fact that the media didn’t find his actual motives all that interesting.

The site was just a side project until he was asked to upgrade to a business service by his internet service provider. The change in cost is what forced him to seek out a method to monetize the site. Omidyar hired his first employee specifically to process all of the new checks that would come in as the site grew.

Omidyar formally changed the company name to eBay in 1997, after a merger that allowed the company to sell plane tickets. eBay came from Omidyar’s consulting group: Echo Bay, but the name was already taken by a gold mining company. He shortened it to eBay and found the domain was not taken.

When eBay went public in 1998, Omidyar and his partner became instant billionaires.


Phin Upham

About the Author: Phin Upham is an investor at a family office/hedgefund, where he focuses on special situation illiquid investing. Before this position, Phin Upham was working at Morgan Stanley in the Media & Technology group. You may contact Phin on his Twitter page.
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How to Fail at Online Advertising

August 07th, 2014 | Category: Business Services

No one wants to fail at their job, but tons of people start and fail at affiliate marketing every day. Most of these are fly-by-night efforts that were never destined to success, but some affiliates will pour thousands into a campaign hoping to make it work. Stop paying to learn what the experts already know. These obvious flags are guaranteed to turn your campaigns into failures, so avoid them to reap rewards of your work.

Automate Too Quickly

As recently as a few years ago, “set and forget” was the affiliate mantra for display advertising. There was a time when you could tweak your campaigns to get just the right settings before you sat back and watched the numbers roll in. This is not so true today. You can no longer rely on your targeting settings to remain effective, because other advertisers bid for the top spots in your area. You can no longer rely on your bids beating competitors, because advertisers are constantly fighting for the top position and will push your ads further down the page, if not entirely off of it.

Trying to automate your campaigns too quickly is the fastest way to fail. Instead, look for what you can automate, like the time of days your ads run, and try to take the stress off of your own workload.

Advertise Without Researching

Affiliate marketing is built on research. The more data you can assemble for your banner advertising, the more likely you are to hit your target and score a conversion. One of the biggest reasons that affiliates lose money is a lack of research. You need to know your core market for the product you’re selling, and any details you can glean about them. Learn about where they shop, what their income levels are, and what problems they deal with. You should also have a sense of what works in your niche, so you have some copy in mind when you design your ad.

Never Push Boundaries

If you don’t try to change up your advertising content, you’re bound to fail. Content marketing has been around for a while, going all the way back to vintage magazines and pamphlets from the Victorian period and earlier. If you try to rely on the same ideas, or in some cases the same content, you won’t be able to attract new attention. Your landing page should be specific to the buyer’s needs, which automation can’t account for.

Bio: Ted Dhanik is an expert in mobile, video and display advertising. As the co-founder of engage;BDR, Ted Dhanik manages business development and builds leads. Found out how to build successful campaigns with tips from Ted Dhanik.

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