Russell Perkins

Evolving From Data Providers to Market Makers

Trucker Path is a young company, founded only in 2013. Yet its mobile app, providing truckers with basic directory information such as location of rest stops, parking, diesel fuel stations, weigh stations and more has already attracted over 250,000 users. Its formula for success is a familiar one to data publishers: collect information that is really needed by a specific niche market but not readily available in one place elsewhere.

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There’s No Substitute for Structured Data

Cloud-based contact management software provider Nimble recently introduced a new feature called its “Smart Contacts App.” Load the app to a supported browser, and if you see the name of a person or company that interests you, whether reading a news story or in Facebook or Twitter, just highlight the name and Nimble constructs a full profile on the fly.

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Upping the Data Ante

Step back a bit from the fray and you’ll see an interesting evolution in the world of data: from providing lists of people or entities that might be prospects, to lists of people or entities that should be prospects, based on something they have done (think sales triggers). Now we’re beginning to move squarely into what used to be the realm of science fiction: identifying prospects before they have done anything at all.

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Reviewing the Reviewers

Yelp is a business that, if examined dispassionately, really should never have succeeded. The primary reason was its business model: let anonymous users pick apart businesses in published reviews, then try to sell advertising to those same businesses. Yelp made this challenged business model even tougher by introducing a secretive filtering algorithm that would decide what reviews got published. The objective was to weed out spam, but all it did instead was to spur conspiracy theories among businesses that felt good reviews were being swallowed while bad reviews always seemed to get published.

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Models of Excellence 2014

Every fall, InfoCommerce Group announces their picks for the InfoCommerce Model of Excellence awards. This program profiles industry exemplars to show how real revenue is generated by selling and distributing information online. To decide what companies are selected to become a model of excellence, they scan the business information landscape to identify companies whose products — both new and established — that have important new business models, or offer technological innovation within the field of online information and highlight them as a model for other companies to emulate.

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Models of Excellence 2013

Every fall, InfoCommerce Group announces their picks for the InfoCommerce Model of Excellence awards. This program profiles industry exemplars to show how real revenue is generated by selling and distributing information online. To decide what companies are selected to become a model of excellence, they scan the business information landscape to identify companies whose products — both new and established — that have important new business models, or offer technological innovation within the field of online information and highlight them as a model for other companies to emulate.

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Cool New Analytics Tool from LinkedIn

By Russell Perkins I admit I am not seeing it on my LinkedIn home page yet (they are likely rolling this out in waves), but it’s still exciting to note a valuable new analytics tool from LinkedIn called “Who’s Viewed Your Updates.” Conceptually similar to the wildly popular “Who’s Viewed Your Profile,” LinkedIn will now allow you to easily assess the power of your LinkedIn posts. Within a rolling 14-day window, you’ll be able to how…

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