Hawlett Packard (HP,) founded by William Hewlett and David Packard, is not only one of the largest IT companies in the world, but is a company with quite an interesting history. While the company is famous around the world for their gadgets, there are still a lot things that are clouded in mystery. Here is taking a look at some truly interesting and unique facts about HP!
1. The fateful coin toss
Even though Hewlett Packard is a combination of the names of the two founders, the order of the names came up as a result of a coin toss! With both the partners being undecided on the name, a coin toss was used to declare the order of the name. In the end, Hewlett won the toss, giving him the privilege of having his name in the beginning!
2. The garage that started Silicon Valley
367 Addison Alley in Palo Alto, United States, widely considered as the birthplace of Silicon Valley, marks the spot where the founders started HP. Once HP was successfully established, the founders bought the garage in the year 2000 and converted it into a museum. The garage is now listed as a Historical Landmark in California!
3. Apple would not have existed without HP
When Steve Jobs was 12 years old, he wanted to build a high frequency computer but lacked the resources. Instead of asking his parents for help, Jobs looked up Bill Hewlett, the then CEO of HP and wrote him a letter, asking him for help. Bill was so impressed, he gave Jobs a summer job. If Bill had not given Jobs that first internship, Jobs would have never pushed himself to do better every day and Apple probably would not have existed either.
4. Printer within a printer
Did you know that HP is one of the few companies in the world that prints parts of their printers with a 3D printer? Almost half of the custom plastic parts for HP Incorporated’s new Multi Jet Fusion 3D printer are printed by the printer itself!
5. The first ever HP product
Before HP became the HP of today, it used to be something else. HP started off its historical presence in the world by creating audio oscillators. Why were these famous, you ask? Because Walt Disney used them excessively! Walt used audio oscillators as a way of testing and experimenting with theater production sound systems, a system which would later be included in the film Fantasia. HP’s initial involvement with producing these oscillators helped elevate the firm to their success in expanding into the personal computer and printer market we know them for today.
Hewlett Packard came a long way from being just a garage based company to being one of the most successful IT firms in the world. If you think we missed out on any HP related facts, feel free to comment and let us know!
Jack Dorsey Life Lessons And Learn Worthy Facts
Jack Dorsey, a serial entrepreneur known for founding not one, but two immensely successful startups (Twitter and Square,) has led quite an exemplary life. From living life king size to working on his dreams with a one track focus, Dorsey does everything in his power to make sure he puts out only his best foot forward. Always sporting immaculately cut hair, Jack Dorsey’s life has inspiration written all over. Here are some truly riveting life lessons from the man who followed his dreams and made both of them come true.
1. An idea is all it takes
Dorsey believes the biggest mistake an entrepreneur can make is to look at achieving their goals without a clear idea. More often than not, businesses succeed only when they are worked on with a clear idea in mind. “It doesn’t start by you waking up and saying ‘I want to start a business,’ it starts by you waking up and saying ‘I’m really passionate about this thing and I’m going to do whatever it takes to make it work,’” Dorsey said. While passion and dreams are all well and good, the route to success is only achieved when you have a strong and solid idea in place.
2. Routines are important
While people think living the startup life is all about haphazard lifestyles and irregular patterns, Dorsey thinks otherwise. According to him, only when you have a clear routine for your everyday life, can you really work toward being successful. Without structure and discipline, everything falls into chaos and chaos has never been man’s best friend. “All my days are themed. Monday is management. At Square we have a directional meeting, at Twitter we have our opcomm [operating committee] meeting. Tuesday is product, engineering, and design. Wednesday is marketing, growth, and communications. Thursday is partnership and developers. Friday is company and culture. It works in 24-hour blocks. On days beginning with T, I start at Twitter in the morning, then go to Square in the afternoon. Sundays are for strategy, and I do a lot of job interviews. Saturday is a day off,” Dorsey said while talking about schedules and routines.
3. Simplicity is the way of life
Jack Dorsey believes in the simple joys and ways of life. Extravagant things tend to fail because there isn’t anything else to back up what you have achieved so far. Furthermore, the more you do, the more people expect and that is never a good thing. Dorsey not only lives this way, but has also instilled this rule into the way he functions at work. Take Twitter, for example. People say so many things with such limited characters, giving readers and followers something truly meaningful to look read. If there was too much text, one would simply ignore the message or even miss it, right?
4. Operate through the right communication
When you are at work and two different departments are not talking to each other, it is important to make them sit down and have open communication. Communication is the key to a successful business. When your clients see you not talking to each other openly and on a regular basis, they will instantly realise something is amiss and as a boss, that is not a message you want known to the world. Dorsey believes in open communications, no matter how serious the issue or how dire the problem. Talk it out and clear the air, thereby making room for a clear road. “We make sure we design and engineer the company and the organization as much as we do the product and the service we have built,” Dorsey said while talking about communication.
5. It is okay to break the rules
Jack Dorsey’s father ran a pizza business and within the first week, he hired a woman who he fell in love with instantly. Ten months later, Dorsey was born. The lesson here is that even if you have set rules for the way your organization should run, it really is okay to break them. Everything happens for a reason and when you realise this, you know life is a big jug of lemonade you absolutely love!
Jack Dorsey’s life is one everyone wants to lead and when you see a man like him succeeding because of the lessons he lives by, you know your life is going to be a success as well! If you have learnt other things from Jack Dorsey’s inspiring life, comment and let us know!
Email Marketing Facts That Will Blow Your Mind
If you thought the age of email marketing was dead, then think again. It is still one of the most relevant forms of marketing as it ensures one of the highest conversion rates when it comes to digital marketing. Being extremely versatile and user friendly, email marketing is one of the most effective and quirky methods in getting your point across. Here are some facts about email marketing which will definitely blow your mind and make you want to use this method instantly!
1. Open rate for emails
Email marketing is ingenious in the sense that even if the mail comes to you with a really bizarre subject line, you still want to open it and read. Why? Simply because curiosity kills the cat! According to recent statistics, the average rate of people opening emails is 50 %, which means more than half the people getting your mails open them without giving a second thought to what they have received.
2. Email marketing has the highest return of investment
Reinforcing the ideology that email marketing isn’t dead, numbers have proven that out of all the different forms of marketing, email marketing has the highest return of investment. In fact, email marketing has an ROI of 122 %, which is four times higher than the other forms of marketing, including methods like social media marketing, direct mail and paid marketing.
3. Email marketing works because it helps people connect with the brand
When you receive personalised emails from the brands you like, does it not make you feel extremely special? According to recent studies, over 71% of millenials like receiving emails about brands and products they like because it increases familiarity with the product. Furthermore, 66 % of GenEx users like interacting with brands online and one of the ways they can do so is through emails.
4. Email marketing through images is more effective
According to several facts, our brain processes images 60,000 times faster than text. Increase the image to text ratio and make sure your email tells stories majorly through the images than through the text. Furthermore, the size of our human finger tip is 46px squared, so when you are sending mails, make sure the buttons is around that size and that it is easy for people to open the mails.
5. Targeted emails help in attracting customers
When you target your emails towards specific customers, there is more of a chance that people who open these mails will buy at least one product. In fact, it has been recorded that close to 44 % of the people who open mails specifically created for them will buy the product for which the mail has been sent! Therefore, targeted mails increase the kind of interaction people have with the brand and improves relationships between the brand and you!
6. iPhones don’t let you send emails with long subject lines
Email marketing tailor made for iPhone users is extremely effective. Why? It ensures the subject line you use has a limit of 32 characters, ensuring the text written is exactly what you want to convey, not more and not less. On a side note, do not send constant emails because it results in people unsubscribing to your product!
7. Videos with emails increase conversion by 300%
Just like people are more attracted to images when they look at an email, videos are extremely effective as well. When you are sending emails with the idea of marketing your content, include video content and make sure that you have an interactive thumbnail, so there is redirection to your website as well. Also, when you send videos with backlinks, there is an increase in traffic on your website, thereby improving the chances of your visitors’ conversion.
8. Outlook is the most used email interface
When it comes to looking at emails, around 50 % to 60 % of the working population spend anywhere between ten to sixty minutes browsing through their mails and looking at content on their phones and desktops. From all these people browsing through their mails, Outlook accounts for 56 % of all desktop emails and close to 16 % of all opens from different systems. Definitely still one of the most used forms of email!
9. Email marketing is more effective than tweets
Research shows that in comparison to promoting your data on social media platforms like Twitter, email marketing is far more effective. According to recently collected information, emails are 6 times more likely to be opened rather than tweets. Further, emails are 40 times more effective in acquiring new customers as opposed to Facebook!
10. Reach through email marketing is MUCH higher than social media
While email marketing is definitely the most effective way to promote your data, what comes as an added proof to this fact is 90 % of the emails you send definitely make it to the recipient’s inbox while only 2 % of the posts you put up are noticed by people on social media! The lesson here is to make sure you put out engaging content through your emails, so your ROI moves from 90 % to 100 %!
Email marketing increases the chances of people recalling your brand, ensuring it stays remembered for a long period of time. If you think we missed out on any other facts about email marketing, comment and let us know!
The Power Of Offers And How They Increase Sales
Every time you look at an attractive offer, doesn’t your heart race a little, your palms become just a bit clammier and your pace a little faster? There is something to be said about the way offers make you feel and the way they increase your excitement for a product you didn’t even think you wanted. Despite living in a world where there is always something cheaper to look forward to, offers are the best way to increase your sales and attract customers. If you are still not convinced, then these reasons are what you need to increase the number of people coming into your store.
1. Offers increases traffic
One of the major advantages of offers is they last only for a limited period of time. With social media being used to its complete advantage for marketing and promotions, the appeal of offers has increased a lot. An important point to note here, make sure you clearly display the offer and you have all the details mentioned while promoting your offer on all social media platforms.
2. Offers increases room for new ideas
One of the major advantages of offers is it frees up room for new ideas and products. Not only can you get rid of stuff that doesn’t give your brand that edge, offers help in giving you clarity of thought in what to do next. From looking at how customers react to what you have in store to looking at what you can do to increase traffic, offers help in making the change you need for your business!
3. Offers help build relationships
When you offer promotions with specific target customers in mind, it helps in improving relationships with your customers. To make offers more attractive, make sure you tailor them to specific groups of customers. This helps in knowing what your clients want and in understanding their perspective. Furthermore, they let people know you are interested in working with them for a long period of time and not just for when they come for one particular purchase.
4. Offers help in meeting and improving your sales target
Every business usually has weekly, monthly or quarterly targets which absolutely need to be met, no matter what. When you have offers that are attractive and enticing, they increase the chances of these sales targets being met with a stupendous success. Not only can you meet the required target, if timed right, you can ride through the lean periods without a backlash through offers.
5. Offers help save money
Finally, despite all the other advantages, one of the primary reasons why offers are so attractive is they help save money when you least expect it. When you have an inventory filled with things you do not want, offers help in getting rid of baggage which is dragging your overall profit ratio down. Not only can you save money with this, you also save money for the lean periods!
When you use social media and different marketing tools to your advantage, you increase the overall performance and also make sure you have a customer base who is more than satisfied with you as a brand! What are some of the offers that work really well? Comment and let us know!
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