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Online Business
ALL-IN-ONE
FOR
DUMmIES
‰
By Colin Barrow, Paul Barrow, Gregory Brooks,
Ben Carter, Frank Catalano, Marsha Collier,
Peter Economy, Lita Epstein, Alexander Hiam,
Greg Holden, Jane Hoskyn, Bob Nelson,
Steven D. Peterson, Richard Pettinger,
Bud E. Smith, Craig Smith, and Paul Tiffany
Edited by Dan Matthews
Online Business All-in-One For Dummies
®
Published by
John Wiley & Sons, Ltd
The Atrium
Southern Gate
Chichester
West Sussex
PO19 8SQ
England
E-mail (for orders and customer service enquires): cs-books@wiley.co.uk
Visit our Home Page on
www.wiley.com
Copyright © 2007 John Wiley & Sons, Ltd, Chichester, West Sussex, England
Published by John Wiley & Sons, Ltd, Chichester, West Sussex
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10 9 8 7 6 5 4 3 2 1
About the Authors
Dan Matthews
is Online Publisher of Caspian Publishing, which produces
magazines, Web sites, and events for an audience of UK entrepreneurs.
Primarily working on
realbusiness.co.uk
, Dan writes about stellar busi-
ness success stories as well as up-and-coming start-ups. He was previously
Group Online Editor of Crimson Business Publishing, with responsibility for
sites such as
startups.co.uk
and
growingbusiness.co.uk
. He has con-
tributed to a range of business magazines, including being contributing editor
of
Real Business Magazine
and
Growing Business Magazine
.
Colin Barrow
is Head of the Enterprise Group at Cranfield School of
Management, where he teaches entrepreneurship on the MBA and other pro-
grammes. He is also a visiting professor at business schools in the US, Asia,
France, and Austria. His books on entrepreneurship and small business have
been translated into fifteen languages including Russian and Chinese. He
worked with Microsoft to incorporate the business planning model used in
his teaching programmes into the software programme, Microsoft Business
Planner, now bundled with Office. He is a regular contributor to newspapers,
periodicals and academic journals such as the
Financial Times
,
The Guardian
,
Management Today
, and the
International Small Business Journal
. Thousands
of students have passed through Colin’s start-up and business growth pro-
grammes, raising millions in new capital and going on to run successful and
thriving enterprises. He is a non-executive director of two venture capital
funds, on the board of several small businesses, and serves on a number of
Government Task Forces.
Paul Barrow
trained and qualified as a Chartered Accountant with Deloitte &
Touche before obtaining his MBA at Bradford University. As a senior consul-
tant with Ernst & Young he was responsible for managing and delivering qual-
ity consulting assignments. During the mid-1980s, he was Investment Review
Director for a UK venture capital business. In 1998, as Group Finance Director
of Adval Group plc, he was part of the team which took their software com-
pany on to the Alternative Investment Market. Adval specialises in providing
multimedia training – both bespoke and generic. Paul has also been a direc-
tor of several owner-managed businesses, and has started up and sold other
businesses. He currently works with businesses as diverse as software,
turkey farming, and food retailing. Paul is a Visiting Fellow at Cranfield
University where he teaches on the Business Growth Programme. This pro-
gramme is designed specifically for owner managers who want to grow and
improve their businesses. He also teaches at Warwick University and Oxford
Brookes on similar programmes. Paul has written several other business
books:
The Business Plan Workbook
and
Raising Finance
(both Kogan
Page/Sunday Times);
The Best Laid Business Plans
and
The Bottom Line
(both
Virgin Books). All these books are aimed at owner managers trying to grow
and improve their businesses.
vi
Online Business All-in-One For Dummies
Greg Brooks
is a freelance journalist who has written for a number of broad-
casters, newspapers, and magazines including Channel 4,
The Guardian
,
Marketing
,
New Media Age
and
Marketing Direct
. He has also carried out cor-
porate ghostwriting and consultancy duties for a number of blue-chip clients
around the globe. As part of his role as an industry commentator, he has
spoken to organisations such as the BBC about how to communicate with
consumers and journalists using interactive channels.
Ben Carter
runs his own digital agency helping famous and not so famous
brands launch marketing initiatives to capitalise on the changing media land-
scape and ever-changing consumer behaviour. Current clients of Ben Carter
& Associates include npower and AOL, and the company has also provided
consultancy services for several major UK-based blue-chip companies. Before
setting up BCA, Ben worked as a business journalist for eight years, covering
the UK’s media and marketing sectors and most recently was News Editor of
Marketing
magazine. He has also freelanced for a number of national news-
papers including
The Times
and
The Guardian
and is used regularly as a com-
mentator on the booming digital economy by different media, including the
BBC,
The Independent
, and CNN.
Frank Catalano
is a veteran marketing consultant and analyst. He’s the prin-
cipal of Catalano Consulting, a strategic marketing firm advising Internet and
technology companies. His consulting assignments include stints as Managing
Director for PC Data’s Internet Monitoring Division, VP Marketing for McGraw-
Hill Home Interactive, VP Marketing for iCopyright, and VP Marketing for
Apex Computer. He also was a marketing manager for Egghead Software and
for the Apple Programmers and Developers Association. When not consult-
ing, Frank provides tech industry analysis and commentary for KCPQ-TV Fox
Seattle and is the author of the long-running Byte Me columns for
Seattle
Weekly
and others. His essays and short fiction about technology have
appeared in a wide variety of print and broadcast media, including ClickZ,
Omni, Inside Multimedia, and Analog.
Marsha Collier
spends most of her time on eBay. She loves buying and
selling – she’s a PowerSeller – as well as meeting eBay users from around
the world. As a columnist, and author of several best-selling books on eBay,
a television and radio expert, and a lecturer, she shares her knowledge of
eBay with millions of online shoppers. Thousands of eBay fans also read her
monthly newsletter,
Cool eBay Tools
, to keep up with changes on the site. Out
of college, Marsha worked in fashion advertising for the
Miami Herald
and
then as special projects manager for the
Los Angeles Daily News
. She also
founded a home-based advertising and marketing business. Her successful
business, the Collier Company, Inc., was featured in
Entrepreneur
magazine in
1985, and in 1990, Marsha’s company received the Small Business of the Year
award from her California State Assemblyman and the Northridge Chamber of
Commerce. More than anything, Marsha loves a great deal. That’s what drew
her to eBay in 1996, and that’s what keeps her busy on the site now. She buys
everything from light bulbs to parts for her vintage Corvette to designer
dresses.
About the Authors
vii
Peter Economy
is associate editor of
Leader to Leader
, the award-winning
magazine of the Peter F. Drucker Foundation for Nonprofit Leadership, and
author of numerous books. Peter combines his writing expertise with more
than 15 years of management experience to provide his readers with solid,
hands-on information and advice. He received his bachelor’s degree (with
majors in economics and human biology) from Stanford University and his
MBA at the Edinburgh Business School. Visit Peter at his Web site:
www.
petereconomy.com
.
Lita Epstein
, who earned her MBA from Emory University’s Goizueta Business
School, enjoys helping people develop good financial, investing, and tax plan-
ning skills. While getting her MBS, Lita worked as a teaching assistant for the
financial accounting department and ran the accounting lab. After completing
her MBA, she managed finances for a small nonprofit organization and for
the facilities management section of a large medical clinic. She designs and
teaches online courses on topics such as investing for retirement, getting
ready for tax time, and finance and investing for women. She’s written
more than ten books, including
Trading For Dummies
(Wiley) and
Streetwise
Retirement Planning
. Lita was the content director for a financial services Web
site,
MostChoice.com
, and managed the Web site Investing for Women. As a
Congressional press secretary, Lita gained firsthand knowledge about how to
work within and around the Federal bureaucracy, which gives her great insight
into how government programmes work. In the past, Lita has been a daily
newspaper reporter, magazine editor, and fundraiser for the international
activities of former US President Jimmy Carter through The Carter Center.
Alex Hiam
is a consultant, corporate trainer, and public speaker with 20
years of experience in marketing, sales, and corporate communications. He is
the director of Insights, which includes a division called Insights for
Marketing that offers a wide range of services for supporting and training in
sales, customer service, planning, and management. His firm is also active in
developing the next generation of leaders in the workplace through its
Insights for Training & Development. Alex has an MBA in marketing and
strategic planning from the Haas School at U.C. Berkeley and an undergradu-
ate degree from Harvard. He has worked as marketing manager for both
smaller high-tech firms and a
Fortune
100 company, and did a stint as a pro-
fessor of marketing at the business school at U. Mass. Amherst. Alex is the
co-author of the best-seller,
The Portable MBA in Marketing
(Wiley) as well as
The Vest-Pocket CEO
and numerous other books and training programs. He
has consulted to a wide range of companies and not-for-profit and govern-
ment agencies, from General Motors and Volvo to HeathEast and the U.S.
Army (a fuller list of clients is posted at
www.insightsformarketing.com
).
Alex is also the author of a companion volume to this book, the
Marketing Kit
For Dummies
(Wiley), which includes more detailed coverage of many of the
hands-on topics involved in creating great advertising, direct mail letters,
Web sites, publicity campaigns, and marketing plans. On the CD that comes
with the
Marketing Kit For Dummies
, you’ll find forms, checklists, and tem-
plates that may be of use to you. Also, Alex maintains an extensive Web site
of resources that he organised to support the chapters in the book.
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