November 29th, 2008

How to Sell in Economy Downturn

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You can’t just lower all the prices in your operation. There are two reasons this doesn’t work. First, you no longer communicate the story of ‘special deal’, instead you communicate ‘we’re in trouble.’ Second, you end up charging everyone a lower price, even the people who were happy to pay more–who wanted to pay more, in fact. link »

So, empower your staff, all of them, to take 10% off the price of anything if someone asks or seems concerned. “Oh, don’t worry. I’ll just take $20 off the price of the room if you can book it now.” For retailers or personal selling situations, you can give your staff a pile of “manager’s coupons” that they can just whip out… peel one off and quietly hand it to the waffling customer. It needs to have a date on it, probably hand written. Even better, let them write in the discount (up to x%, and of course they’ll always write x, which is fine, because that’s what you planned on.) link »

– from Seth’s Blog: Creating a clearance sale culture via sharedcopy.com

November 15th, 2008

Obama Team Review of FCC

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Susan Crawford and Kevin Werbach has being appointed to lead Obama Team Review of FCC!

I know both of them; Kevin is an advocate of all things open (open spectrum, open access, net neutrality) and Susan is an advocate of public space online (privacy, online rights :-)

Now, these appointments really mean CHANGE! Wohoo!

Congratulations and I look forward to good things to come :-)

Werbach_kevin

Susan Crawford, a professor at the University of Michigan Law School, and Kevin Werbach, a former FCC staffer, organizer of the annual tech conference Supernova , and a Wharton professor, will lead the Obama-Biden transition team’s review of the FCC. Both are highly-regarded outside-the-Beltway experts in telecom policy, and they’ve both been pretty harsh critics of the Bush administration’s telecom policies in the past year. link »

“I think it’s magical thinking to imagine that we’re somehow doing fine here, and I just want to make sure that we recognize that even the [International Telecommunications Union] says that between 1999 and 2006 we skipped form third to 20th place in penetration,” she noted acidly at the annual Tech Policy Summit , a gathering of top officials in the world of tech policy (of which Wired.com was a participant and sponsor.) link »

– from Net Neutrality Advocates In Charge Of Obama Team Review of FCC | Threat Level from Wired.com via sharedcopy.com

November 13th, 2008

Licensing Technology from A*STAR

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When someone ask you how much it cost to license your technology, the last thing you want to say is “depend how much you value our technology”.

1. You don’t know how much your own technology is worth.

2. You going to charge different people different licensing fee.

Most important of all, you sound like a hawker in some third world country bargaining, not a professional negotiating licensing for a major research lab.

And if you say “If there is no value to you, then don’t license”, I will walk away.

ps: Yes, I walked from the deal. It is just too silly.

November 5th, 2008

Go Obama Go!

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In Cairo, waking up at 2am to watch the election on CNN and online and watching the votes come in. I hope I am not disappointed as I did in 2004 tho.

Go Obama Go! I had enough for the last 8 years!

Update: Wohoo!!! I look forward to CHANGE!