‘A CV will get thrown out if not in German style’

The Local’s new series Job Talk offers tips for working in Germany. For the first instalment, we explore the unique aspects of the German résumé.

  • Most Germans think fat cats get too much cream (30 Jan 13)
  • German workers feel more stressed (29 Jan 13)
  • Consumer confidence edges up slightly (29 Jan 13)

Landing a job in Germany as a foreigner can be tough. But knowing what German employers expect from your CV could mean the crucial difference between getting an interview and getting dumped in the wastepaper basket.

The Local spoke to professional careers advisers to find out how job-seekers in Germany can turn a English-language curriculum vitae into a slimmed-down, factual German Lebenslauf.

Check out The Local’s My German Career series for inspirational expat success stories

When sending out an application in Germany it’s important to get the layout of your CV correct. If your information is where German employers will be expecting it, your document will be much easier for them to process at a glance.

“It’s really important to know what you’re doing when writing your German CV. It will get thrown out if you don’t do it in the style which Germans are used to,” career adviser Heidi Störr told The Local.

The first thing to note is that a Lebenslauf is one or two pages in a formal, fact sheet format, which looks and feels very different in style and content from a typical English CV.

“The Lebenslauf is a datasheet, a fact sheet,” Gerhard Winkler, contributor to Der Spiegel magazine’s online careers section, told The Local. “The cover letter is a briefing – where you show how you’re right for the job. Both texts are best when they are factual, sober list free of egotistical statements.”

German CVs are also set out in a two-columned table. You need to separate the table into six rows under the following headings written on the left column: ‘Personal Details,’ ‘Professional Experience,’ ‘Education and Training,’ ‘Voluntary Work,’ ‘Scholarships’ and ‘Computer and Language Skills.’

Underneath each of these headings on the left go your exact dates – the time frames of activities, training or jobs which you will list in the right-hand column opposite. It’s best to put activities in reverse chronological order, starting with the most recent, according to career advisers.

The column on the right is where you enter your experiences. Underneath each job title or educational programme, describe your role in short, keyword sentences, concentrating on what you consider the most relevant details for the job you are applying for.

Germans tend to consider some information you might have on your English CV to be superfluous or even egotistical, said Winkler, so leave out any description of personal qualities, interests and hobbies, but do include membership of groups or organizations under ‘Voluntary Work.’

There are a few must-have personal details every Lebenslauf should include which you might not have on your original CV: a photo, your marital status and place of birth. Also make sure you cover your language and computer skills in detail.

The photo question

Unlike most English resumes, German CVs always include a passport-style professional photo in the upper right-hand corner – a detail advisers say you would do well not to leave out.

“German employers are used to seeing a photo on a résumé, they can’t explicitly demand in the job advert that you put one because that goes against privacy laws,” Störr told The Local.

“But they’ll be looking for it so always put one. A photo allows potential employers to make a different kind of personal connection with someone and will help them connect your skills with your face when you come to an interview.”

Finally, since you will be applying for a job in a German workplace, you need to think carefully about which language to use on your CV. Advisers say if your German is up to it you would do well to show it off.

“If you can do it in German, make the effort, it doesn’t have to be word-perfect,” said Störr.

But if those German lessons have not quite paid off yet, then avoid the temptation to get it translated and leave it in English. This will avoid any awkward moments if you get to an interview and an employer decides to test out your language skills.

“If an applicant has no or only a little German but has written their CV in German it would give the impression they had better language skills than they actually had, which could lead to problems,” said Störr.

“Personally, if English was my first language I’d write applications in Germany in English – unless I had to prove excellent German language skills for the job,” Winkler told The Local.

Generally, said Winkler it was important to remember his golden rule for CV writing: “Stick to the facts.”

Josie Le Blond

Some toll roads give vets a discount

AUSTIN (KXAN) – Daniel Ladd served in the U.S. Navy for 16 years.

While onboard a nuclear submarine, he fell down a ladder and a heavy pipe landed on top of him, leaving him with a lasting injury.

“Both knees, both ankles, my back, my shoulders, as well as my neck,” said Ladd.

The military now considers Ladd to be 80 percent disabled.

This allows the Navy veteran to have Texas disabled veteran plates.

So, when he received a bill on his TxTag account for $5.57, even though he said it’s not much, he was surprised.

“It’s the principle,” Ladd said.

In 2009, the Texas legislature passed the  “Veterans Discount Program,” but there is still confusion as to how the discount works.

Drivers must display a Texas registered disabled veteran, Purple Heart, or Medal of Honor specialty license plate.

The discount is optional in the Austin area; the tolls that do provide veteran discounts are Loop 1, SH 45 North, SH 45 Southeast and SH 130 from Georgetown to Mustang Ridge, all of which are TxDOT operated tolls.

The southern section of SH 130 is operated by SH130 Concession Company and has not elected to give the discount at the time.

As far as 183A in Cedar Park and 290 Manor Expressway, the Central Texas Regional Mobility Authority controls those tolls.

CTRMA told KXAN News that the board has agreed to give veterans discounts but only if the legislature would fund the program.

“Now that I am aware that is the situation, I think I will make a personal visit to see my legislature at the Capitol while they’re in session and point this out to them,” said Ladd.

CTRMA pointed out one reason for not participating in the program at this time is due to funding. CTRMA said TxDOT is state and tax backed giving them more resources.

Toll roads like 183A and 290 Manor Expressway are independently owned and rely more on fees said CTRMA.

 

Why Structured Data Should be in Your 2013 SEO Strategy

No blog post in the month of January is complete without talking a little about 2012, and I won’t disappoint. 2012 was full to the brim with gifts from all the search engines, and not just the mighty G. Never before has the inbound marketing community been so directly involved with influencing changes in algorithm updates and, to some extent, linked to products created due to the impact of these algorithm updates. Before you start attacking, give me a second to elaborate. I only ask for you to mentally detach yourself from any emotion associated with a site you may have worked on that was negatively impacted in 2012 (this will only hurt for a minute, I promise).

Ready?

2012 saw the emergence of a new paradigm, one that calls for a slightly more transparent world in relation to search engines. Smaller search engines have been doing this for some time and I want to highlight Blekko for really bringing transparency to the forefront of their search experience. The difference between what the smaller search engines did and what the top search engines did is simple: The big guys gave us invaluable insight into their thought process and gave us access – however cryptic and shrouded in code names – to what they think a better internet looks like. From this, we saw the ever popular Panda and Penguin updates as well as greater importance in the role of UX and information architecture. The latter changes opened the flood gates to a richer web experience for both humans and bots.

Structured data keeps a website protected

Love it or hate it, Google’s algorithm has catapulted over our SEO moat, through the rickety 30 foot walls of Link Building and past the watchtowers of Keyword Research, crash landing atop our perfect castle made of sand. In order to defend ourselves from this assault, we must fortify the information architecture in a way that can withstand the constant barrage and ever changing assault from search engines. The simple, yet underutilized, option is to add HTML markup to the website. So the million dollar question is: Why are websites not using it?

2012 saw the emergence of a new paradigm, one that calls for a slightly more transparent world in relation to search engines.

I think that 2013 will be the year that structured data is incorporated into the make-up of fundamental SEO. This concept is no longer theoretical and, with the ever encroaching mobile threat, it will become increasingly vital to have data and content organized. I am not implying that once markup is added to the HTML rankings will instantly rise or that this is a cure-all for a poor SEO foundation. Structuring the data in a meaningful way reinforces the site architecture by sending clear and concise signals that the data being crawled can best be organized and classified as a schema. The idea here is not to think of structured data as a way to leap frog competitors, but as a tactic to prove a website’s valuable and unique data. After all, we are not talking about investing in unoriginal, shallow content.

How does one get started with structured data?

I can’t speak for anyone else, but I can say with certainty that it’s a big deal to me when the top search engines agree to support a schema for making the worlds information easier to crawl and in return, classify. I want to highlight a simple approach that I took to change the process of how pages are built at my company.

1) Get your best developer on board

This is a no-brainer and, frankly, if you are not best friends with your top dev(s), then there are bigger problems to solve before tackling structured data. Getting this first piece in place will not only provide insight into the realities of marking up the HTML but also carry a lot of weight in the organization when that person is seen in your corner.

2) Evangelize structured data

This second important piece keeps structured data top of mind even when you are not around. This means dropping recommendations in reports or tying the value of HTML markup in meetings (when the topic is relevant, of course) and having conversations about the great attributes available and how they tie to your business. Basically, incorporate markup opportunities into your daily jargon.

3) Find real examples in the wild

This piece ties directly to evangelizing in that you should be taking notes and reporting on examples of competitors or other industries that are utilizing HTML markup. It differs in the sense that this is research driven where evangelizing is all about planting the idea that developing a webpage is incomplete without the inclusion of markup.

4) Keep it fun and pain-free to implement

Don’t be a dictator about implementation by making it all or nothing. This is the last piece of the puzzle because ideally you have collected all the information in the first three steps. Let your developers do what they do best and advise where to best retrofit this idea into legacy code. Most importantly, give them the freedom to get creative and experiment. This is new territory so nothing should be off the table.

Please keep in mind that these are not rules by any means, just a framework that I used to help with the adoption of structuring data on our pages. Depending on the organization, steps 1 – 3 are completely flexible. The only one that doesn’t move is the fourth step, which is all about deliverables.

Case Study: Implementing Schema.org

I want to highlight an example of the fourth step that comes from my own experience of implementing schema.org markup. A developer and I were meeting about the pros and cons of implementing the code on a certain page when he had an idea to create item properties specific to the data we display. I had absolutely no problem with this, and I felt that this is one of the few ways that we could contribute to a better web. I reached out to Duane Forrester via Twitter to ask, in his opinion, would it be worthwhile to add schema tags that do not exist in the main document. To my surprise, he responded and said that the bots would crawl it, but until it is widely used throughout the web it will not be incorporated into the schema family. Nonetheless, the developer wanted to go full speed ahead and we ended up releasing three completely new schema.org item properties for our pages. With Searchlight, I was able to monitor the pages [full disclosure: I am a current Searchlight customer] and I have noticed a small increase in rankings over a few weeks’ time and most importantly, much less fluctuation of said rankings. This has led to an overall incorporation of schema markup on all newly created pages as well as guidelines to retrofit existing code to include schema markup.

Now what?

I have heard the skeptics, and agree to some extent that structured data sets up websites to be scraped more easily or that search engines are using our precious time to do their jobs for them. Without getting too sidetracked, I want to make the point that if webmasters are complacent with the way search engines interpret their site, then those webmasters should not be surprised when other sites, who put in the work, are rewarded with higher levels of ranking. Gone are the days of “I set up a WordPress site; Google is smart enough to do the rest.”

Chipping at small sections of the site has proven to work the best and doesn’t burden engineering resources as much as doing one large code update. There is no need to markup every single piece of data either, just the important bits that matter the most to your business. Last, boost the benefits of structured data and the security it provides by future proofing your site to your stakeholders.

Everyone’s website is different and companies vary, but hopefully there is enough here to help you start down the path of organizing the most important data on your site. Here’s to another year in the exciting world of inbound marketing…Cheers!

Please note: All guest posts are the opinion of the author and may not be reflective of the views of Conductor.

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This article originally appeared on Conductor Blog and has been republished with permission.

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Kohl’s J-Lo Connection Invites LBO on Discount: Real M&A

After slashing prices over the
holidays, Kohl’s Corp. (KSS) itself could be picked up at a 42 percent
discount to its revenue.

Kohl’s fell this month to its lowest valuation relative to
revenue in more than four years after the retailer cut its
profit forecasts because of disappointing holiday sales and
steeper-than-planned price reductions. The Menomonee Falls,
Wisconsin-based company now trades at only 0.58 times sales and
at a cheaper multiple to profit than any other North American
department-store chain, according to data compiled by Bloomberg.

With exclusive brands from Jennifer Lopez and Vera Wang
that help build customer loyalty and a free cash flow yield
that’s higher than the median of its peers, Kohl’s could be an
attractive buyout candidate for a private equity firm, Edward
Jones Co. said. The company’s real estate also adds to its
appeal, Morningstar Inc. said. A takeover for Kohl’s, which has
an enterprise value of $14.5 billion, would be the biggest U.S.
retail deal since 2005, data compiled by Bloomberg show.

“It’s a good, sound retailer,” Brian Yarbrough, an
analyst for Edward Jones in St. Louis, said in a telephone
interview. “There’s been more talk of it being a private equity
play because it’s cheap and it’s not like the model’s broken or
it’s a bad business. The earnings power is there.”

Jen Johnson, a spokeswoman for Kohl’s, didn’t respond to a
phone call or e-mail seeking comment on whether the company
would be open to a sale.

Market Niche

Kohl’s runs more than 1,100 stores across the U.S., with
annual sales of about $19 billion and a focus on a slice of the
retail market that lies between high-end chains and discounters.

Shares of Kohl’s had their biggest-ever drop on Nov. 29,
tumbling 12 percent after the company said sales at stores open
more than a year declined in November, instead of rising as
analysts had forecast.

On Jan. 8, the stock touched its lowest level since July
2009 after Kohl’s cut its profit forecast for its fiscal fourth
quarter because of steeper-than-planned discounts during the
holiday season. The decline left Kohl’s valued at 0.53 times its
12-month trailing sales, the lowest since November 2008,
according to data compiled by Bloomberg.

At yesterday’s closing price of $45.73, Kohl’s enterprise
value was 5.2 times its earnings before interest, taxes,
depreciation and amortization, the lowest among North American
department stores, data compiled by Bloomberg show.

Renewing Excitement

The stock drop could attract buyout firms seeking to
improve operations, said Jeff Burchell, a Toronto-based money
manager
at Aston Hill Financial Inc., which oversees about C$6
billion ($6 billion). He said he sold his Kohl’s shares in
October.

“You’re not paying a lot for the stock, so it does fit the
bill for someone coming in and saying, ‘OK, Kohl’s used to be a
great spot and it was exciting to go there,” Burchell said in a
phone interview. For a buyer who believes Kohl’s hasn’t become
irrelevant, then “with a new management team or an invigorated
management team with a new private equity sponsor, you could get
some excitement back.”

Buyers could also be drawn in by Kohl’s ability to generate
cash, as well as the company’s exclusive brand lines and private
apparel labels, Edward Jones’s Yarbrough said.

Private equity firms could utilize the cash that Kohl’s
throws off to help repay any borrowings used to finance a deal.

Cash Flow

The company had more than $900 million of free cash flow
in the last 12 months, the second highest of any North American
department store, according to data compiled by Bloomberg. Its
free cash flow yield — a measure of how much cash from
operations are generated relative to a company’s share price –
of 8.1 percent topped the median for the group of 6.4 percent,
the data show.

“That’s the number-one thing: the ability of cash flows to
support any new debt,” Paul Swinand, a Chicago-based analyst
for Morningstar, said in a phone interview.

Morningstar, which said this week that Kohl’s is among its
top takeover candidates, also cited the company’s real estate
holdings. Kohl’s owned more than 400 of its stores as of last
year, according to its most recent annual earnings filing.

While Kohl’s could attract private equity firms, a buyout
could be a stretch given the company’s $4.6 billion in total
debt and other liabilities, said Richard Jaffe, an analyst at
Stifel Nicolaus Co. Paying a 30 percent premium, for instance,
and putting 20 percent cash down, a buyer might have to borrow
$10 billion to buy the retailer, he said, leaving little room
for error.

Big Deal

“You’ve got to get this business really working fast,
because you don’t have time for a down year,” said Jaffe, who
recommends buying the shares. Kohl’s has a good business that
can improve, Jaffe said, although growth is limited because it
already has more than 1,000 stores.

Even before accounting for a premium, Kohl’s $10.5 billion
in market value plus $4 billion in net debt would already rank
as the biggest deal for a U.S. retailer in eight years,
according to data compiled by Bloomberg. In 2005, Federated
Department Stores Inc., now Macy’s Inc., bought May Department
Stores Co. for about $17 billion, the data show.

Still, buyout firms might have the wherewithal to tackle
even a deal of Kohl’s size, said Barry Arnold, a fund manager at
Delafield, Wisconsin-based Arnold Investment Counsel, which owns
Kohl’s shares.

Cash Hoards

“There’s plenty of cash sloshing around, so that’s not a
big problem,” Arnold said. Private equity funds have $360
billion of committed unspent capital dedicated to buyout funds
in the global market, according to data from research firm
Preqin Ltd.

Record-low borrowing costs in the market for junk bonds,
where LBOs are financed, and rising confidence in the financial
system are boosting bets that there will be more buyouts. Dell
Inc. (DELL)
is in talks to be taken private in what would be the first
leveraged buyout to exceed $20 billion since 2007, according to
people with knowledge of the matter.

Arnold, who said he bought Kohl’s shares based on the
company’s merits and not its potential as a takeover target,
still sees the possibility of a deal.

“It’s an attractive company,” Arnold said. “Never say
never. But that would be icing on the cake.”

To contact the reporters on this story:
Lindsey Rupp in New York at
lrupp2@bloomberg.net

To contact the editor responsible for this story:
Sarah Rabil at
srabil@bloomberg.net

Building a Bill

Citizens looking to get involved in the legislative process–but unsure how to do so–have some help this session from the Kanu Hawaii Capitol Workshops.

In the first workshop, Jan. 16, Kanu Fellow Joe Heaukulani recounted his experience in turning an idea into a bill that’s been introduced this session.

When Heaukulani began researching the political process, he came across a practice called “gut and replace.” This allows a bill’s content to be radically changed even after it has passed through committees or public hearings–then voted on without public input (“Gut and Replace,” Oct. 3, 2012).

Heaukulani began talking to politicians, and the result is SB837, which proposes a constitutional amendment requiring that a bill have the same intent from start to finish. Heaukulani encouraged attendees not to be intimidated at the thought of proposing an idea for a bill. “Just give [your representatives] a call and see how it works,” he advised.

The workshop provided concrete tips on how voters can support and propose legislation. The first step is to contact your district’s legislators (visit [capitol.hawaii.gov] and type your street name in the upper right-hand corner). Once a bill has been introduced, you can search for similar bills by keyword and sign up to be notified by email if a public hearing will be held. But if no bill on a topic has been drafted, your reps may be able to tell you if one is in the works or what committee would handle that topic, and may even draft and introduce the bill for you.

Rep. Chris Lee, who attended the session, emphasized the importance of letting committee chairs know if you’re in support of a bill, as they set the agendas. He also recommended organizing friends and family members who live in that politician’s district. “Find four or five other people . . . and become a conduit for them,” he said.

See “Civix,” for more information.

Culliver Needs to Rethink Snide Anti-Gay Remarks

Over the course of the past few days I’ve enjoyed watching Super Bowl media day. Reporters have generally done a good job of asking interesting interview questions, especially when it comes to Ray Lewis and his deer antler spray.

Players are well trained and usually give a politically correct answer, yet sometimes they step outside the box and challenge the reporters. Randy Moss proclaiming he is the greatest receiver of all time has to be one of my favorite answers to a loaded question that was asked yesterday.

Do we really expect him to say anything else? We all realize the size of his ego, plus he must be excluding Jerry Rice from the competition when he compares himself against the greatest wide receivers of all time.

Rice’s response to Moss’ proclamation was simple, yet spot on:

However, that is a discussion for another day considering debates like those become instantly irrelevant after hearing Chris Culliver‘s anti-gay comments. If you haven’t heard the comments yet, click here to listen. Cam Inman of the Mercury News also transcribed Culliver‘s quotes from the Artie Lange interview that was posted on Yahoo! Sports:

I don’t do the gay guys man. I don’t do that. No, we don’t got no gay people on the team, they gotta get up out of here if they do. Can’t be with that sweet stuff. Nah … can’t be … in the locker room man. Nah.

The second-year cornerback out of South Carolina also went on to suggest that NFL players should keep their sexuality a private matter for at least 10 years after they retire. The interview was only about a minute long, but by that point the damage had already been done.

According to Martin Rogers of Yahoo!, there has never been an openly gay active player in the league.

Regardless, sexuality and its openness in an NFL locker room have come more into focus over the last decade or so. 

Which makes Culliver‘s comments more unacceptable than ever. Sure, it’s one thing to think that about homosexuals in your own head, but to say it out loud is complete asinine. Freedom of speech only goes so far because none of the freedoms in the Constitution are absolute.

Additionally, it goes without saying that players have had worse conversations in private. The keyword there is “private.” There’s a difference between talking amongst your friends and thousands of people who will hear your interview at one of the largest sporting events in the world.

I wish I had more to say, but honestly there isn’t much else to say other than he made a dumb comment that he now regrets for making out loud. Culliver‘s comments go to show that homophobia lives on in the NFL and it probably always will.

Jerome Bettis told the Huffington Post Live, “Because it [NFL] is so testosterone driven, it’d be really difficult for a gay player to stand up and say, ‘Hey, I’m gay and I’m an NFL player.’ ”

Since Culliver‘s comments have been released to the public, the San Francisco 49ers have formally issued a statement on its stance (via Matt Maiocco of CSNBayArea.com):

The are only a few words of advice I have for Culliver: It’s not required to answer every question and it doesn’t hurt to give a politically correct answer when asked about touchy subjects such as race and sexual preference.

 

Rich Gorman: Direct Response Marketing Pioneer Cautions, Don't Discount E-mail Marketing

NEW YORK, NY–(Marketwire – Jan 30, 2013) – According to online marketing trailblazer Rich Gorman, e-mail gets a bad rap among many digital marketing professionals. Ever since the advent of social media, e-mail has become increasingly relegated to second-tier technology status, with new reports coming out on a regular basis that claim e-mail open rates are down, and as such, marketers are better served by focusing their efforts on social media marketing. A new study, reported in Search Engine Watch, calls this popular wisdom into question, however, and indicates that e-mail might still be a pivotal resource for online marketers. The report has won a comment from Gorman.

“There are countless avenues for directly reaching out to consumers, and for cultivating strong user engagement — and as social networks continue to flourish, those avenues are growing more numerous all the time,” says Gorman, in a new statement to the press. “The temptation, among online marketers, is to totally focus on these new technologies and the latest trends, but there is a danger here — namely, that we might lose sight of more familiar technologies that are still plenty capable of delivering.”

The study cited by Search Engine Watch was conducted by ExactTarget. What it finds is that, despite the plethora of new social technologies out there, e-mail remains “the most effective and inclusive” way for marketing professionals to reach consumers. The study finds that, among marketers and consumers, checking e-mail is widely named as the first online task of the day, by a rate of 76 percent and 69 percent, respectively. The results of the study also indicate that one in four marketers, as well as one in three consumers, believe businesses and brands would do well to invest more of their time and money into e-mail marketing. Conversely, only 21 percent of marketers and 20 percent of consumers believe businesses should increase their Facebook marketing efforts; for Twitter, those figures are even lower.

“Social networks are popular, for a wide variety of reasons — but for many consumers, e-mail is still the preferred form of direct communication,” comments Gorman. “Really, it is as simple as that, and yet many online marketers believe social media is the be-all and end-all in today’s digital environment.”

According to ExactTarget, a big part of the chasm between e-mail and social media preference has to do with technology. Perhaps surprisingly, the article finds that only 51 percent of consumers have smartphones. For consumers with smartphones, the study notes, online behavior is completely different, and may help to explain the relatively low showing for social media sites.

The article’s conclusion is that virtually all marketers, and an overwhelming majority of consumers — including those who own smartphones, and those who do not — check e-mail on a daily basis. Daily Facebook use is much lower, and Twitter use lower still. Thus, for the online marketer seeking to optimize his or her chances of really reaching consumers, the article suggests that e-mail is the preferred tool.

“Of course, it is really not so simple,” opines Gorman. “The savvy online marketer will use a variety of strategies and approaches, and will target his or her marketing channels to match the behaviors of the target audience. For instance, while Facebook may not be the best tool for reaching those who do not own smartphones, Facebook is probably a very good way of reaching college students, or other marketing professionals.”

Even so, Gorman says, e-mail marketing offers a wider range of benefits than it is sometimes given credit for. “For all of the talk about e-mail use being on the decline, this article reveals that it is still an inclusive and effective way to reach consumers,” concludes Gorman. “As such, marketers are foolish to neglect it.”

Rich Gorman is a pioneer in the direct response marketing field; he is also active on Twitter, @richgorman101.

ABOUT:

Online marketing pro and direct response pioneer Rich Gorman is known for his personal brand, Direct Response, and for the Direct Response blog, which gives away countless thousands of dollars in trade secrets and insider tips, day in and day out. Additionally, Gorman is a widely praised technology pundit, social media guru, and search engine expert. He routinely offers his thoughts, predictions, and comments on new and breaking developments in the online world.

Ethanol Discount to Gasoline Gains a Seventh Day on Drawdown

Ethanol’s discount to gasoline
widened for a seventh day after a government report showed
record low production and rising stockpiles while inventories of
the motor fuel dropped to a one-month low.

The spread gained 3.93 cents to 60.77 cents a gallon at
12:18 p.m. New York time, the widest in almost four weeks, after
the Energy Information Administration said ethanol stockpiles
rose to a six-week high even as output fell to a record low
770,000 barrels a day. The report from the Energy department’s
statistical arm also showed that inventories of gasoline
unexpectedly fell last week.

“It’s a sign that you’re starting to see impact from all
of the idle ethanol plants,” said Terry Reilly, senior
commodity analyst at Futures International LLC in Chicago. “The
supply is still fairly large.”

Denatured ethanol for February delivery rose 3.2 cents, or
1.3 percent, to $2.437 a gallon on the Chicago Board of Trade.
Prices have advanced 11 percent this year.

Gasoline for February delivery jumped 7.03 cents, or 2.3
percent, to $3.04347 a gallon on the New York Mercantile
Exchange. The contract covers reformulated gasoline, which is
made to be blended with ethanol.

The discount of the grain-based additive to gasoline was
the widest since Jan. 3, based on prompt-month futures
contracts. Ethanol’s streak of losses versus the motor fuel is
the longest since February 2010.

Ethanol stockpiles totaled 20.5 million barrels as of Jan.
25, up 2.3 percent from the previous week, the EIA said.

Corn Prices

Corn for March delivery increased 6.5 cents, or 0.9
percent, to $7.36 a bushel in Chicago. One bushel makes at least
2.75 gallons of ethanol.

Based on March contracts, producers are losing 22 cents on
each gallon of the fuel, down from 23 cents yesterday, according
to data compiled by Bloomberg. The figures exclude the revenue
that can be made from the sale of dried distillers’ grains, a
byproduct of ethanol production that can be fed to livestock.

Ethanol would increase and output would recover if gasoline
consumption were to improve, Reilly said.

Demand for the motor fuel last week was lower-than-average
for this time of year, Bloomberg data shows.

Ethanol-blended gasoline made up about 87 percent of the
total U.S. gasoline pool in the week ended Jan. 25, compared
with 88 percent the previous week, today’s EIA report showed.

Brazilian Ethanol

Imports of the biofuel fell to 9,000 barrels a day last
week, down from 67,000, the previous week. That’s still 80
percent higher than a year earlier. Brazil was the largest
source of ethanol imports in October, according to the EIA.

Spot ethanol in Sao Paulo cost $2.13 a gallon in the week
ended Jan. 25, data compiled by Bloomberg show, about 11 percent
cheaper than today’s U.S. futures price. Brazilian ethanol,
derived from sugarcane, is less expensive than the corn-
manufactured U.S. grade.

Petroleo Brasileiro SA (PBR), Brazil’s state-controlled oil
company, will increase gasoline prices at refineries by 6.6
percent, according to Securities and Exchange Commission filing
yesterday, boosting demand for ethanol.

Ethanol prices advanced in spot market trading. The fuel in
New York harbor rose 5.5 cents to $2.55 a gallon at noon New
York time, according to data compiled by Bloomberg. Ethanol
increased 0.5 cent to $2.41 a gallon in Chicago, 1.5 cents to
$2.475 in the U.S. Gulf and 2 cents to $2.615 on the West Coast.

Ethanol in Chicago was 14 cents cheaper than in New York,
the widest spread since July. The discount of West Coast prices
to ethanol in the Gulf widened to 14 cents from 13.5 cents
yesterday.

To contact the reporter on this story:
Mario Parker in Chicago at
mparker22@bloomberg.net

To contact the editor responsible for this story:
Dan Stets at
dstets@bloomberg.net

7 Tips for Your Business Sign or Lawn Sign

business sign tipsDo you have a retail storefront?

Are you a contractor that is supplying services at someones house or place of business?

You should be using a business sign, like a sandwich board or a lawn sign, to draw in traffic or build awareness for you business. Signage is an excellent way to help generate sales leads for your company.

Below are 7 tips that will help you generate a higher percentage of sales leads:

7 Tips for Your Business Sign or Lawn Sign

Phone Number

This is just basic common sense.  But believe it or not, business owners forget to add this one important piece of information to a business sign.

So that you can track your results from any lawn signs, use a unique phone number that people can call. By doing this, you will be able to see how many leads came from that phone number. A great service for this is Toll Free Forwarding or Google Voice.

Your Address

If you have a retail establishment that you want people to go to, why not list your address on your business sign?  It should help you to drive foot traffic to your retail location.

A Strong Call To Action For An Offer

Do you want to get someone to do something? If so, you need to have a “call to action.” Basically, you need to tell people what you want them to do.

A suggestion that ties into the next 2 tips (QR Codes and Text Codes) is to have a coupon or special offer that allows you to capture an email and other relevant information.  By capturing an email, you will have the ability to continually market to someone with an email newsletter.

A QR Code

Add a QR code to your business sign that is tied to a special offer or something that a potential customer may want. The QR Code should send the person to a mobile ready landing page that has a sign up form.

Once the person signs up for your offer, they will be sent an email with a code or a coupon.  A service that I have used before is Kawya.

Text Code or SMS Code

A text code or SMS code will allow a person to text a specific keyword to and assigned short code. This may sound confusing, but in reality, all you do is find a SMS marketing provider and register a keyword. Then you will be able to start directing people to a specific landing page on your website.

I interviewed Jed Alpert, who wrote “The Mobile Marketing Revolution” and he stated that the:

“. . . response rate from adding a text code on a sign is up to 10 times greater compared to no code.”

I can confirm this as I have a client where we added a text code to a radio ad they were running and they saw a twenty-fold increase in sales leads from that spot.

Here’s one more use for a text code:  Place one on your vehicles so that people will connect with you.

For the QR code and the text code, have separate landing pages and coupons and coupon codes. You want to do this so that you can track a conversion rate.

For example, you can see how many people used your text code by the number of hits to a specific page. Then you can see how many people sign up for an offer and finally, the amount of people who redeem your coupon or offer.

Website Address

Make sure that you add your website address to your business sign. If your domain is too long, use a shortener like Bit.ly or get a separate shorter domain that redirects to your website.

Bit.ly allows you to make a vanity url and you can also track the clicks from that specific url. As a suggestion, make sure that if you have an offer on your business sign – that the Web address corresponds with that offer. Don’t just send them to your homepage as your conversion rates will be far lower by doing this.

Email Address

Create a unique email address to put on your business sign so that you can track the amount of inquiries that come in.

Add all of these tips to your business sign and you should see an increase in the amount of sales leads that you generate.  By the way, this isn’t just for signs.  Use these different tactics on business cards, letters, mailers and other printed material that you have as well.

If you have other business sign tips, please share them in the comments.

Sandwich Board Photo via Shutterstock



About Chris Hamilton

Chris Hamilton
Chris Hamilton is small and medium business sales and marketing consultant who writes a daily blog, SalesTipADay. He also hosts an online video interview show at
NetCastEvent, where he interviews some of the worlds best sales and marketing consultants.

Top 5 SEO Mistakes of 2013

Top 5 SEO Mistakes of 2013 image seoOh how SEO has changed!

I remember the old days (from 2010 and 2012) when ranking on page 1 of Google was as easy as including your keyword in the page title, image tags, and heading tags, and then blasting hundreds of private blog network backlinks at the site. (Not recommended!)

Those days, however, are long over. Now this type of behavior has the exact opposite effect of pushing websites back to page 100 or worse. In a way, I’m glad those days are over. There was something that left me feeling uneasy about the fact that Google’s rankings could be manipulated so easily.

The good news is, SEO is not dead. In fact, it is more alive than ever. As long as you don’t make the 5 mistakes below, you can get your website ranked on page 1 in Google in 2013 and beyond.

1. Over Optimization

I’ll be the first to admit that I made this mistake myself. If you use WordPress, you may remember those plug-ins called ClickBumpSEO and SEOPressor. Well, when first purchased those, I thought they were a godsend.

I literally followed their on page optimization suggestions to the letter. I made sure my keyword density was high. I made sure that I had external and internal links containing my keyword. I made sure that my keyword was in the first and last sentence and in all heading and image tags. And you know what happened? I ranked on page one!

But it wasn’t for long. In April 2012, all of my websites got blasted off of page one to page 500+. Later on, I learned that I wasn’t the only one this happened to.

The lesson? Over optimization is one of the most common SEO mistakes that will sabotage your rankings in Google. Instead of trying to optimize your page for your keyboard, just put your keyword in the title and the first and last sentence. Never make your Keyword Density over 1%. And most importantly, write for humans, not search engines.

2. Poor Anchor Text Diversification

Sadly, many so-called SEO experts are still making this mistake today. What mistake is it? It’s having too many anchor text links using your main keyword.

Linking to your page with your main keyword as your anchor text over and over again used to get websites ranked on page one. Now that strategy can get your website penalized and flagged.

The best overall strategy is to make your main keyword anchor text only about 10% of your total link portfolio. The rest of all of your incoming links should be variations of your main keyword, social qualifiers, and naked URLs. Here’s some examples:

Main Keyword = weight loss tips

Variations:

fat loss tips
weight loss ideas
tips for losing weight
lose weight
get fit
health tips

Social Qualifiers:

Click here
my website
check out my site
look at my website
this website
here
great article

Naked URLS:

http://mywebsite.com/weight-loss-tips/

mywebsite.com/weight-loss-tips/
mywebsite.com
www.mywebsite.com/weight-loss-tips/
www.mywebsite.com

Notice how there are a total of 18 different anchor texts that are used for backlinking.

Varying your anchor text will keep you under the radar and help your website get ranked the keyword you desire, because the way Google sees it, real websites don’t link to websites with the keyword as the anchor text 100% of the time.

Sometimes they say check this out or click here. By mirroring this approach, it will look like other websites are actually recommending your website as a helpful resource.

3. High Link Velocity

Link velocity always had an effect on rankings. Now it has more of an effect than ever.

If you build your links to fast, you may shoot up to the first page for a few days or weeks. After that, your website will most likely plummet into the abyss.

What works in 2013 is building your link slowly and consistently. No more link blasts from SEnuke or forum profiles. You need to focus on building high-quality links from reputable sites slowly over time. Relevant guest posts and high quality press releases work great.

Once you are ranking, don’t stop building links either. Keep building links but slow down the velocity over time.

4. No Deep Linking

A great example for this is Wikipedia. Their site only has 1% of their back links going towards their homepage, and 99% going to all of their inner pages.

Google notices this and they analyze how many of your links go to your homepage versus the number of internal links when determining your rankings. If your site has tons of links only to the homepage, and no links to inner pages of your site, Google will know something is up.

You’re better off building more links to your inner pages then you are building links to your homepage. It looks more natural and it can have a positive effect on your rankings.

5. Focusing Only On Links

In 2013 and beyond, SEO is no longer just about links. Focusing only on getting back links is a losing strategy. Your focus should be on creating quality content like articles, blog posts, info graphics, and engaging videos, then building up your social media profiles with more friends and activity as well.

Google authorship is one last ranking factor is often overlooked by SEOs. Unless you’ve been living under a rock, you can see that Google shows people’s Google plus profile photos next to search engine results.

The more friends, activity, and links to your Google plus profile, the more authority you have. And this authority carries over whenever you publish an article. If you publish crappy articles and they are linked to your Google plus profile, you may find it more difficult to rank. However, if you product great content and have lots of activity on your profile, ranking is going to be much easier.

SEO In 2013 And Beyond

At the end of the day, it’s still possible to rank for difficult keywords in Google. As long as you follow Google’s new rules, you will be safe from link penalties and dreaded algorithm updates.

Simply avoid making these 5 mistakes, and focus on the long-term and you’ll find that getting those top three rankings for the keywords you desire is a lot easier than you think.

Top 5 SEO Mistakes of 2013 image

This article is an original contribution by Steve Goldberg.

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