Saasu.com

Thankyou and some Google strategy insights

thankyou.gifJust a quick note to say thanks to all our blog readers!

The saasu blog is now in the top 0.32% of all blogs on the planet.

Our site is in the top 1.84% by traffic globally.

We have also popped into the first page on Google globally for some search terms.

In return, please accept our humble ‘video link gift’ below in addition to our earlier free CeBIT tickets.

Google strategy insights

It’s definitely worth watching this little gem. A unique bit of insight about how the gurus at Google are thinking on business strategy, product and customers. It came out some time ago but it’s still completely relevant for nearly all business owners today. It’s not just a tech thing.

It’s a video of Seth Godin speaking to a bunch of Google insiders on some strategic topics close to our heart. Seth is one of our favourite bloggers. We have written about his other important work previously.

Thanks again for your support. You are helping us build a truly global product that makes lives better. We can always do better though, so help us by giving feedback on what you want us to do.

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The Event 08

CeBIT 2008 Saasu.comOnly one month to go! It is that time of year again, Cebit is coming to Sydney 35,000 wild business and technology people from around 60 countries in a frenzy of new and cool stuff in one place.

CeBIT is THE International Trade Show for Information Technology, Telecommunications, Software and Services. In other words, if you want to geek-out or get a real competitive advantage for your business you will love it.

Last year was good

CeBIT 2007 Saasu.com award for innovationLast year Saasu won the one and only highly prized ‘excellence in innovation platinum award’ for our flagship product NetAccounts. We were going to insert lots of other blatant boasting and superlatives here but thought that was probably more than you can take already.

This year will be even better

This year there will be something like 750 exhibitors from 20+ countries.

This year we will be speaking at the conference in the Transaction 2.0 section, chairing a session and of course exhibiting.

Best of all, as part of the Saasu foundation work we do, Saasu will be the sole green sponsor for the event, we are making the venue carbon neutral for the event for EVERY EXHIBITOR just so we can say we did our bit. Gold standard of course.

Special Bonus (or two)

As a special bonus you can register free as a friend of Saasu just quote code SAASUCA08 and you will get in free which is a fairly substantial saving off the normal door price of $40.

If you visit us at the show you will receive an extra month on your subscription for new and current customers! We will be asking all our visitors two questions - what do they like most about saasu today and what would they like to see in our coming releases?

You will also be able to see our latest release demonstrated and talk to the experts about your needs, wants, desires and passions in the field of financial management success.

Finding Saasu at CeBIT

So do drop by stand S45, on the main aisle right next to our mates from salesforce.com (in case you have been living in a cave and hadn’t already heard, saasu integrates instantly with salesforce).

We are smack bang in the middle of the main business-software/e-finance/CRM section which takes up most of halls 4 and 5.

Want to know more?

We thought you might so here is a taste of what you will see, watch the videos or read some more
from the CeBIT marketers -

CeBIT Australia 2008 is the largest and most important business-to-business technology event in the region. Join 35,000 business professionals at CeBIT Australia this year to understand, analyse, sample and select the right technology solutions for your business’s future success.

Finding the right solutions has never been easier, CeBIT Australia is organised into 30 show floor categories – ranging from CRM, VoIP, e-Marketing & Search Engine Optimisation, Web Applications to Open Source – making it the number one stop for business professionals seeking the competitive advantage.

* 150 FREE show-floor Seminars
* International Keynote Speakers
* Business Networking
* Interactive Panel Sessions
* 6 High-Level Conferences
* 750+ Solution Providers
* 5000+ Technology Experts
* 30 Show Floor Categories

Visiting CeBIT Australia 2008 will teach you how to make your ICT investment work for you

* Get more out of your website
* Unleash the power 2.0
* Retain your top talent
* Discover online trading
* Slash your communications costs
* See next-gen CRM systems
* Learn about Green IT

And much, much more… most importantly you will arm yourself with knowledge that will give you the power to take your business to next level!

See you @ CeBIT Australia,
20 – 22 May 2008
Sydney Convention & Exhibition Centre,
Darling Harbour

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LinkedIn under the hood

Saasu - Connecting to Professional and Social Networks
Saasu is connecting to Professional and Social Networks (PSN) including; LinkedIn, Myspace, Facebook, Bebo and Orkut. The beauty of SaaS is it enables these types of advantages.

In the contact screen you will see new icons you can click to check out your contact in various social networks covering over 200 million people already.

I’ll concentrate on LinkedIn today since it is the most professional centric network. Professional and Social Networking really is a far too simplistic simplistic way of describing LinkedIn.

Here are some observations we’ve made in recent times. We would love comment on these points as we believe this has ramifications for product development in Saasu applications. A lot of them relate to the fact your research can be anonymous but connections are permissioned.

If you need to know more about permission, start with Seth Godin because he wrote about it early and well. Permission marketing is changing the world.

Keep track of people you know and like

The simple and best reason to use LinkedIn. You know where people are as they move from one job or city to another. It can be everything from an online business intelligence assistant to an international (or local) research tool to an online CV/resume or yet another contact database. Best of all is it doesn’t stop there, you see who knows who.

Research accelerates the ‘getting to know you’ process for new contacts

LinkedIn closes the knowledge gap you have about candidates, employees, prospects, partners, suppliers and customers. This enhances the legitimacy of the contact. It accelerates you along the getting to know you curve. It can help move you a bit further ahead at your first face to face meeting because you already know more things you have in common, locations, employers, clubs, education, sport and more.

Get personal by de-institutionalising contacts

For a long time companies have not wanted to share ownership of customer and prospect relationships with their employees. These relationships have been owned by the company. LinkedIn allows employees (especially professionals with an eye to having their own business eventually) to de-institutionalise their contacts, taking back some of the dollar value from their employees balance sheet back to their own. A two edged sword of course. Transparency is the biggest winner.

Stay fresh reduce your contact half life

Keeping loose contact fresh is quite difficult. When systematised in a social network the expectation of freshness of permission is enhanced. When you hear from someone through LinkedIn your little shoulder devil says “this person is ok, because you permissioned them”. That same communication via phone would sometimes have the shoulder devil saying “Who is this person? How did they get my number?”. Permissioning extends credibility of contact.

Degree’s of separation permissioning

Linked in creates a new type of commercial relationship legitimacy. Invited recipients will tend to accept being network beneficiaries themselves. The established connection has value, an unrealised dollar value. It costs us anywhere from $0.10 to $100 to get a permissioned contact in most businesses so connections in social tools are real permissioned assets. Let’s be honest about this, it’s just good business. Participants in the LinkedIn community can monetise their connections via sales and marketing activities. This is the conversion of unrealised value into realised value because a certain percentage of those interactions result in sale and thus revenue. You are converting your virtual inventory of permissioned contacts into your revenue line. The beauty being that virtual inventory can be resold to, it doesn’t require a cost of goods sold entry to re-aquire another permissioned contact. Don’t think of it just as product sales. It could be a better career, some venture capital, a new partner, and of course selling your product.

Channel Degradation - BACN

If you plan to use LinkedIn for sales bear in mind that there is a direct relationship between frequency and value of the permissioned contact set you have. Your behaviour could become known as a commercial version of spam called BACN. Equally, as more participants use the medium for sales and marketing activities the value of the connections will diminish. You only have to look at the C2C social networks to see how this can happen. Permissioned spammers (BACN) looking for love from your wallet wears thin real quick.

New ways of looking at non-so-new information

Check out the company profile pages on any major company on LinkedIn. You can see who is who and any changes. Recently LinkedIn moved to formalise companies and organisations in their network for the benefit of data rigour, their members and themselves. It was a good move, it cleans up the problem where many users add they workplace to their profile resulting in 100’s of version of that work place where picking it from a list would be better. In short companies and organisations are now centrally managed. A great benefit of this is that the tracking of organisations over their lifecycle will be very accurate versus some of the rubbish you get from old style directory providers Yellowpages and Whitepages.

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Small business SaaS - avatars that train and sell

Saasu James Avatars

Another new Software as a Service (SaaS) idea that might work for some of our business customers is Avatars.

Avatars are a digital representation of people. You find them all over the internet these days, in virtual worlds and increasingly in commercial use for customer support.

A more recent innovation however is the use of these Avatars to sell your products. In pre-sales not post-sales, as it is a very different area because people are less tolerant of poor quality voice or images.

We set one up recently to welcome new visitors to saasu. If you have any feedback let us know. It’s easy to get one for your own site.

The downside of course is (more…)

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Branded Stores - Another Great SaaS

mugtshirtAnother great software as a service area that crosses over into tangible products is the garment printing industry. Particularly for quality branded corporate clothing.

We started looking for a decent virtual store provider last year and were very impressed with cafepress.com, so much so that we set up the Saasu.com Store with them.

Have a look. If you buy something and send us a photo of yourself wearing it we will give you an extra month’s free subscription or an extra user or file on your saasu.com paid subscription.

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Team Time & Video Marketing Tip

Animoto videoToo often we all get caught up with business and forget to make time for the important things. Spontaneously spending time out on the water recently (see nifty professional looking video that anyone can make) was a worthwhile endeavour and prompted some of the big questions in life -

  • Why did it take so long for Captain Cook in his ship ‘The Endeavour; so long to find the world’s best harbour in Sydney?
  • Why are yachts always ladies?
  • Why don’t we do this more often ?
  • Why is it so hot?
  • How does animoto let you make such great videos in under 10 minutes? Why don’t we use it more often? Why doesn’t every small business use it on their website when it is sooo easy?

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Money For Nothing - Useful Updated Unique

standout.jpg

Seth Goddin has a great quote in the opening page of his new e-book which launched today. It is the simplest way to describe the problem at hand. “The web is a haystack, the biggest haystack the world has ever known. The reason that Yahoo and Google are so important is that they help us find what we want in the stack. And your lens or blog or page or store is just a tiny little needle.”

(more…)

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Industry Wide Business Cards: What Is In A SaaS Name?

namecards.gif

Industry terminology is like a verbal business card for all the players in the industry. Terms define who we are and how clients and prospects recognise us collectively. They are important because they are a key marketing channel.

For example - Do you recognise these terms and know what they mean?

  • SaaS
  • On-Demand
  • CaaS
  • S+S
  • SasS
  • Live
  • PaaS
  • UIaaS

Here at Saasu.com we are amazed at the word games other players in our industry are using to try and confuse the market.

SaaS means Software-as-a-Service. It is our preferred term and the one the industry uses mainly. Lets stick to it!

Particularly at a time when SaaS is still growing so we have a collective responsibility and need as providers to you our clients and prospects to educate you and (at least we believe) to not confuse the issues.

At Saasu.com want to make things clear not complicated. (more…)

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Bacn is the new Spam

Email Bacn

Bacn is simply spam you asked for. It’s the dozens of emails you get that you would like to get (sometimes) but they still annoy you and more importantly they chew up your precious time.
(more…)

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SaaS Speed Dating

Everyone has heard of speed dating - but the new new thing is using it for business. I experienced it in Sydney but it seems to be a global phenomenon…. and a great idea.

Last week was a good example - a crowd of SaaS trendies gathered to hear about a bunch of business solutions at the upmarket establishment chaired by our good friends and premier partner - sqwarepeg and was billed as ‘like speed dating for business solutions’.

So how does it work? The format is simple.

Prospective clients register online and get to spend a few minutes with each vendor. Just like real speed dating the convener rings a bell at the end of the allotted time (3 minutes for singles meeting at traditional speed dating or in this case 10 minutes for prospects meeting vendors) and everyone moves on to the next ‘date’. In this case the date was held at a ‘pod’ complete with plasma and internet connectivity with demo SaaS application up and running.

If you are interested in continuing the ‘relationship’ you exchange cards or in true speed dating style write your details on the sheets provided.

Now repeat for each vendor until every prospect has seen every product once.

The great thing about this format is for clients they see a broad section of offerings quickly without risking getting stuck with a boring geek (just like speed dating). For vendors they get to meet a variety of clients and tailor the pitch just a little to stress the client specific needs just enough to follow up later.

Vendors showing at this session were Saasu.com showing our web finance engine (of course), Google showed Adwords, Omniture.com showed their rather cool web analytics (for higher end clients who outgrown Google Analytics), Eloqua, salesforce.com and Sqwarepeg also showed their own products.

The amount of cross-over between vendors was interesting, a good number were using each other’s products.

This event was called the ‘On Demand Circuit’ which is a face to face version of our own nascent online SaaSbay.com - both of which are trying to build the local SaaS ecosystem.

Next time we aim to show the applications interacting and really demonstrate the power of the SaaS ecosystem in action. This will be great e.g. Saasu already talks to salesforce.com and so do other products.

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