Drugmaker Mallinckrodt Reaches $1.6B Opioid Settlement

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Stock Photo: PixabayNEW YORK – The generic drugmaker Mallinckrodt has a tentative $1.6 billion deal to settle lawsuits over its role in the U.S. opioid crisis, it announced Tuesday.The deal is intended to end hundreds of lawsuits faced by the company over opioids.The company said that it had an agreement with a key committee of lawyers representing thousands of local governments suing various drug industry players over opioids — and that the deal has the support of the attorneys general of 47 states and territories.The company, based in Staines-Upon-Thames, England, was one of the highest-volume opioid producers in the U.S. at the height of the nation’s prescription drug crisis, shipping 2.3 billion pills from 2006 to 2014, according to federal data. In 2010 alone, Mallinckrodt’s SpecGX subsidiary, shipped 210 million doses of oxycodone to Florida, then the epicenter of the black market opioid trade. The company’s potent 30 milligram pills were especially sought after by people with addiction.Documents gathered as the company prepared for trial showed that a Mallinckrodt sales manager told a distributor in 2009 of the pills: “Just like Doritos; keep eating, we’ll make more.” A company spokesman later called the statement “outrageously callous.”The company argued in court filings that unlike makers of brand-name drugs, it did not promote opioids to doctors or understate the addiction risks. But plaintiffs in the cases said Mallinckrodt continued to ship suspicious orders without making sure the drugs weren’t going to be diverted to the black market.Under its agreement, Mallinckrodt is filing for bankruptcy. The plan calls for it to make payments for eight years after the company emerges from the protections. That route is similar to one OxyContin maker Purdue Pharma is taking to settle opioid claims against it.For Mallinckrodt, there are business concerns, beyond the potential liability in opioid cases, that contributed to its seeking bankruptcy protection.“Reaching this agreement in principle for a global opioid resolution and the associated debt refinancing activities announced today are important steps toward resolving the uncertainties in our business,” Mark Trudeau, president and CEO of the company, said in a statement.Joe Rice, a lawyer on the executive committee of plaintiffs suing in federal court over opioids, said in an interview Tuesday that some details of the Mallinckrodt agreement still remain to be ironed out.Most of the money contributed by Mallinckrodt would go to a trust to pay for addiction treatment and other costs related to an opioid crisis that has been linked to more than 430,000 deaths in the U.S. since 2000. Additionally, the trust would be able to buy Mallinckrodt stock at a fixed price; it could be sold to help the cause.State attorneys general praised the deal.“My focus is on not only accountability, but also obtaining the resources we need to get victims of this epidemic the help they deserve,” Texas Attorney General Ken Paxton said in a written statement. “This agreement is a significant step in the right direction.”Mallinckrodt’s announcement comes weeks before a trial on the toll of opioids is scheduled to start in Central Islip, New York. The looming trial has been a factor in a ramped-up push for other drugmakers and distributors to settle, as well.There have been increasingly public tensions between attorneys general and the private lawyers for local governments over the biggest of the proposed settlements, which would involve at least the three biggest U.S. drug distribution companies. States have also been divided on whether to accept the deal, under which the distributors would pay a total of $18 billion over 18 years.last_img read more

With Help, Vintage Farm Truck Heads Back to Homestead

first_imgBy Chris Rotolo |LITTLE SILVER – Parked behind a Citgo station and the G&S Auto Repair garage on Branch Avenue is a dented and dilapidated pickup truck with a spiderweb fracture winding its way around the rear window.The truck bed’s wooden panels have been eaten away by time and protruding from beneath decades of dust and rust are sparse splotches of metallic mint green paint, a nod to the heyday of this once pristine 1960 Chevrolet. Emblazoned on the driver’s side and passenger doors is “Parker’s Farm,” a block of wavy lettering linking this vehicle to the historic Parker Homestead on nearby Rumson Road.The truck’s bumps and bruises are evidence of a rough-and-tumble life on the Parker family farm. Now the president of the Parker Homestead-1665 organization, Keith Wells, says a campaign is underway to bring the vehicle back home.Last weekend, members of the local historical organization and other volunteers from the area ventured to the site to clear out space in the on-site Wagon Barn, where the vintage truck will be parked once it is back in running order.Dan Laden, owner of G&S Auto Repair is the man tasked with refurbishing the vehicle, and has already successfully replaced the fuel line and rebuilt the carburetor.“We’ve got it running, but there’s still some work left to do,” Laden said, adding that the Parker Homestead-1665 has already put about $2,600 into the project he estimates will cost about $5,000.Wells said the initial fundraising effort was spearheaded by “a very generous donation” from Rumson resident Rick Blank and, like Laden, stressed that the funds are being used for general maintenance, rather than a full restoration.“The truck is rusted and dented as a farm truck should be,” Wells said in a Nov. 12 interview with The Two River Times. “The truck in itself is not spectacular, but it’s just another part of the story we’re able to tell and we’re ready to bring it back home.”The story of the Parker family and the family’s preserved parcel on the outskirts of Sickles Market, is one that spans 350 years.The Parkers settled the land in 1665 as the first Europeans to lay their roots in Monmouth County. For eight generations they farmed the land until 1995, when the last surviving member of the family, Julia Parker, passed away, leaving the home, the barns and the surrounding land to the Borough of Little Silver.“That’s what makes the homestead so unique,” Wells said. “It was one family and we use the history of the family and property to tell the history of the area. There’s nothing that has occurred in the county, in New Jersey or the United States over the last 350 years that isn’t somehow a part of the history of the homestead.”He noted how in 1778 British soldiers had dinner at the homestead following the famed Battle of Monmouth – outside the Monmouth Courthouse in what is now Freehold Borough – in which George Washington and Maj. Gen. Nathaniel Green forced Lt. Gen. Charles Cornwallis and his opposing troops to withdraw from battlefield under the cover of darkness.The beginning of World War I caused the U.S. military to begin constructing Fort Monmouth in 1928 and it was the Parker family that would be tapped for produce to feed all the servicemen stationed there.By the beginning of World War II the Parkers had established an apple orchard and the military came calling again, purchasing and shipping the product to troops fighting in Russia.“We have furniture from the 1700s. We have a tractor from 1939. These things by themselves are not special. But like the truck, it’s another visible display of the family’s presence in our area and it’s just another part of the story we’re able to tell,” Wells said.Laden said the next major task of the maintenance project is to give the truck new brakes.“We can start it up and get it moving. Now we just have to work on getting it to stop,” he said.Wells said the goal is not to make the vehicle worthy of a state-issued registration, but to get it to the point where it can be safely stored and displayed at the homestead and possibly even driven in the borough’s annual Memorial Day Parade.Those who wish to contribute to the funding for this refurbishment effort can do so at the Parker Homestead-1665 annual winter open house from 1 to 4 p.m. Dec. 9 where hot chocolate, Christmas carols and other festive activities will take place.Organizers say donations can also be made via PayPal at parkerhomestead-1665.org by specifying “Truck” in the subject line, or by sending a check with “Truck” specified in the memo line to P.O. Box 82, Little Silver, NJ 07739.This article was first published in the Nov. 15 – Nov. 21, 2018 print edition of The Two River Times.last_img read more

Bombers outlast Wildcats as High School Hoop season tips off

first_imgIt was a tale of two games, but the L.V. Rogers Bombers still prevailed over district rivals Mount Sentinel Wildcats in High School Senior Boy’s Basketball action Tuesday in South Slocan.The Bombers held off a late charge by the Wildcats to score a 74-64 victory as the High School Basketball season kicked off its exhibition season. LVR hit the ground running, using full-court pressure to build a 25-11 advantage after one period.However, the Wildcats kept pecking away at the lead, cutting the margin to 42-27 at recess and 49-46 after three quarters.Mount Sentinel even held a 57-54 advantage before the Bombers went on a 10-0 run to restore the lead en route to the narrow victory.LVR small forward Alan Jin led all scores with 22 points. Dylan Dixon had 12 while Leo Weiss added 10 and Brock Dixon eight.Brandon Sookeroff led the Cats with 21 points while Aaron Abrosimoff added 17 and Kai Miller 11.The Wildcats are back in action Friday when Mount Sentinel hosts the first Senior Boy’s Basketball tournament of the season. Action concludes Saturday.last_img read more

Quinn Cook offers perspective on Kevin Durant’s hometown visit, Victor Oladipo’s season-ending injury

first_imgSubscribe to the Mercury News and East Bay Times for $40 a year and receive a free Warriors championship coffee table book* * *WASHINGTON, D.C. – As he returned home, Quinn Cook felt both inspired and saddened.What inspired Cook: he relished going with teammate and childhood Kevin Durant on Wednesday evening to the unveiling of “The Durant Center.” Then, Cook saw how a new facility will help about 69 students from their hometown (Pringe George County, Md) with various academic, financial and …last_img

Laimbeer excited for chance to build Las Vegas franchise

first_imgQC cops nab robbery gang leader, cohort Manny Pacquiao trains in LA for last time before Keith Thurman fight PLAY LIST 01:06Manny Pacquiao trains in LA for last time before Keith Thurman fight01:46Pacquiao ready to go with week left before Thurman fight02:40Pacquiao ready to go with week left before Thurman fight01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games LATEST STORIES CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA The 60-year-old Laimbeer could stay with New York as the team’s general manager or find employment elsewhere.His decision was made a bit easier when his phone rang a few weeks ago. An executive at MGM Resorts International asked him to be the coach and president of the new WNBA team that was moving from San Antonio to Las Vegas.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“I said I’d talk to my wife,” Laimbeer said. “At the end of the day, I like challenge and I think this would be a great experience.”Laimbeer accepted the new position, which he will start Nov. 1. Read Next Kiefer Ravena ‘very excited’ to play for Guiao at NLEX Stronger peso trims PH debt value to P7.9 trillion Japan ex-PM Nakasone who boosted ties with US dies at 101 Typhoon Kammuri accelerates, gains strength en route to PH View comments “I’m looking at a huge task in front of me,” Laimbeer said. “First I have to build a staff from everything from video coordinator and interns to my assistants to basketball ops people. I’ve been making lists and lists and lists.”His task is a little easier than other startup franchises because MGM has been in the entertainment business for years.“I think it’s new to them. They understand arenas, they understand all that goes into the logistics and selling tickets,” Laimbeer said. “The basketball part they are into, but it’s not something they’ve really done before. I have the experience that I can navigate and explain what this is and how it works and what the opportunities are. I know all the infrastructure and the how-to. My job is to set everything up.”Finding those people won’t be so hard, as Laimbeer said his phone has been ringing nonstop since it was announced that he took the job.MGM will not be the first company with casino holdings to own a WNBA team. The Mohegan Sun owns the team in Connecticut. The blueprint for Nevada is somewhat similar.ADVERTISEMENT MOST READ Kin of Misamis Oriental hero cop to get death benefits, award — PNP Kammuri turning to super typhoon less likely but possible — Pagasa Brace for potentially devastating typhoon approaching PH – NDRRMC In this Aug. 29, 2015, file photo, New York Liberty coach Bill Laimbeer watches during the team’s WNBA basketball game against the Connecticut Sun in Uncasville, Conn. AP Photo/Jessica Hill, File)NEW YORK — Bill Laimbeer found himself at a crossroad.His contract with the New York Liberty was up and he wasn’t sure if he wanted to stay or move on. He had spent the last few years grooming Katie Smith to be the team’s next head coach and felt the time was right for her to take over the team, which lost in the second round of the playoffs for the second consecutive year.ADVERTISEMENT “While other teams are restocking their cupboards, we have to order things from scratch like basketballs, athletic tape, nearly everything,” Laimbeer said.This will be the first professional basketball team in Las Vegas, which has become a coveted target for sports franchises over the past few years.The expansion Vegas Golden Knights began their first NHL season this month. In March, the NFL formally approved the Oakland Raiders’ relocation to Las Vegas by the 2020 season to occupy a proposed new stadium on the Las Vegas Strip, although the deal wasn’t approved until casino mogul Sheldon Adelson pulled out of the financing plan.The Golden Knights play at MGM’s T-Mobile Arena, but the casino doesn’t own the team.“This is the first pro sports team that MGM resorts owns and it’s a great alignment frankly with the DNA of our company,” said Lilian Tomovich, MGM’s chief experience and marketing officer.Laimbeer inherits a team that finished last for the second straight year. San Antonio has a talented young nucleus with Kayla McBride, Moriah Jefferson and Kelsey Plum. The team also has the top chance to get the No. 1 pick in next year’s draft.“They need a change of culture,” Laimbeer said. “Any time you get a team that’s beat down record-wise, you have to have a catalyst for a change. This is a tremendous catalyst. Going to an exciting venue and situation where there’s resources. I have been successful creating a team that can compete. We can break out of this thing.”Laimbeer also thinks being in Las Vegas will be attractive to free agents.“Players will want to come here,” he said. “All the signs point to a great opportunity. We have to pick up the pieces and make it happen.”This is the second move for the franchise. It came to San Antonio from Utah in 2003. Led by Becky Hammon, the Stars reached the WNBA Finals in 2008. The team has finished with the league’s worst record each of the past three seasons. Don’t miss out on the latest news and information. last_img read more

NCAA: Letran scrapes past EAC for first win

first_imgRey Nambatac. Photo by Tristan Tamayo/ INQUIRER.netLetran dug deep and pulled off a come-from-behind 83-80 squeaker over Emilio Aguinaldo College to gain its first victory in the NCAA Season 93 men’s basketball tournament Tuesday at Filoil Flying V Centre in San Juan.Jerrick Balanza delivered the game-saving block on Jethro Mendoza’s attempt in the waning seconds of the game to halt the Generals’ late-game rally and secure the Knights’ breakthrough win for the season.ADVERTISEMENT Don’t miss out on the latest news and information. Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant LETRAN 83 – Ambohot 15, Nambatac 14, Quinto 14, Taladua 14, Calvo 9, Balanza 8, Pamulaklakin 4, Balagasay 3, Vacaro 2, Gedaria 0, Bernabe 0.EAC 80 – Munsayac 22, Onwubere 20, Garcia 13, Bautista 11, Laminou 7, J. Mendoza 3, Pascua 2, Guzman 2, Diego 0, I. Mendoza 0, Corilla 0, Neri 0.Quarters: 12-28, 41-43, 58-54, 83-80. Lacson: SEA Games fund put in foundation like ‘Napoles case’ No passing fancy: Lonzo Ball seems like ideal fit for Lakers FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Sports Related Videospowered by AdSparcRead Next The Knights, though, would turn the ball over in the ensuing possession to give the Generals one last chance, but Francis Munsayac failed to find the scorching Garcia and handed the ball to Mendoza for the failed game-tying trey.Down 26-9 to start the game, Letran straightened up its act to close the gap in the second period, before Nambatac finally handed his side its first lead with a three, 54-52, at the 2:54 mark of the third quarter.“Everyone was so overeager, but when we reminded them, we regrouped and I’m happy that we’re able to adjust in the second quarter and we got back because of our defense,” said Napa.Munsayac paced EAC (1-1) with 22 points, three steals, and two assists, while Sidney Onwubere had 20 markers, 17 boards, two assists, and two rejections.The Scores:ADVERTISEMENTcenter_img Hotel says PH coach apologized for ‘kikiam for breakfast’ claim National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress MOST READ Trump strips away truth with hunky topless photo tweet Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ View comments El Nido residents told to vacate beach homes Jeo Ambohot topped Letran with 15 points, seven rebounds, and two blocks, while Rey Nambatac chipped in 14 markers, nine boards, five assists, and three steals.Bong Quinto also added 14 points, seven rebounds, and five dimes, Jeremiah Taladua got 14 markers and six boards, and Balanza drained all of his eight points in the payoff period for the Knights.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool stars“What happened to us in the first game almost happened again,” noted Letran coach Jeff Napa. “Luckily, the boys woke up in our last huddle and committed to do the right thing.”The win was already Letran’s for the taking, leading 74-65 with 2:38 to play, but EAC refused to sink, with Jerome Garcia drilling back-to-back treys in the final minute to cut the deficit to just three, 83-80, with 6.5 seconds left to play. LATEST STORIESlast_img read more

NBA: Lakers seeking veteran point guard to mentor Lonzo Ball

first_imgNational Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress Trump strips away truth with hunky topless photo tweet Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Don’t miss out on the latest news and information. LATEST STORIES Extra! Extra! Red Sox once again playing a lot of innings Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant MOST READ Currently, combo-guard Jordan Clarkson is expected to relieve Ball at point guard, while the Lakers also signed Summer League standout Alex Caruso.  Khristian Ibarrola /raSports Related Videospowered by AdSparcRead Next FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ Lacson: SEA Games fund put in foundation like ‘Napoles case’ Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games In a bid to fully maximize the potential of the team’s prized recruit, Lonzo Ball, Lakers President of Basketball Operations Magic Johnson and General Manager Rob Pelinka expressed their desire to sign a veteran point guard to mentor the recently awarded NBA Summer League MVP.In separate appearances for ESPN, the executive duo confirmed that they’ll be using one of the team’s two available roster spots to fill in the void of back-up point guard.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsAlthough the top free agent names have already been snagged by other teams, several serviceable guards are still available, including Ian Clark and Ramon Sessions, as well as former All-Stars Derrick Rose and Deron Williams.The team initially had their sights set on acquiring the services of NBA Champion Rajon Rondo, before he elected to sign with the New Orleans Pelicans. View comments Los Angeles Lakers guard Lonzo Ball  APIt’s certainly been a busy off-season for the upstart Los Angeles Lakers squad, selecting multiple promising players in this year’s draft and picking several veterans as well.With the regular season still more than three months away, it seems that the immensely decorated franchise is not done making moves.ADVERTISEMENTlast_img read more

Stock Markets and Social Media? Absolutely!

first_img Social Media Q: In another blog post you asked, “When all of this social media stuff becomes commonplace, how will business be different?” Did you find the answer? considersit part of her job to “frame these foreign concepts in ways that make them seem more familiar and relevant.” In a recent email interview, Shannon delved deeper into the connection between social media and businesses: Q: What connection did you find between stock markets and building communities? Want to learn more about using Twitter for Marketing and PR? for tips and tricks to drive inbound marketing using Twitter. Q: Part of your bio on your Twitter profile reads, “The views expressed on this profile are mine and do not necessarily reflect the views of PEAK6.” Are such disclaimers necessary today? Once the novelty wears off, I really think things will get interesting. Clay Shirky put it really well in a presentation he gave to the TED crowd, “it isn’t when shining new tools show up that their uses start permeating society, it’s when everybody is able to take them for granted.” It’s when these things become boring that we start using them in interesting ways. This might be a bad example, but if I want to open a paint can, I might use a butter knife or a screw driver even if that’s not what the tool was designed to do. When we start rigging social media tools in order to achieve things they weren’t designed to achieve, I think that’s when things will get really interesting — this includes business. A: I have a lot of people I keep in touch with via Twitter, but I don’t think there is any one person whose tweets I love to read the most. Actually, I think the remarkable aspect of Twitter has more to do with everyone’s participation. We all have our moments and I have a long list of favorite tweets and favorite Twitterers, but I love searching conversations related to an event or a keyword or topic, or seeing a lot of people banding together to make a statement like they did during the Iranian election. Those things are quite meaningful. Plus, there’s the ability to zoom in on anything from a large scale to a very small scale on an individual basis. The patterns that will likely emerge from so much randomness will have the potential to illuminate a lot of aspects of what makes us tick as human beings and how information and ideas spread from one person to the next. To go back to your earlier question about the connection between stock markets and communities — maybe that’s it — both markets and communities appear to be completely random, but when enough data is gathered and we ask the right questions, patterns and meaning can then emerge in very surprising and informative ways. is A: I don’t think social media has become commonplace yet. It’s all still very new to most people in the world — or even most people with high-speed Internet connections. Add to this the fact that even people who use social media tools don’t realize they’re using them and things can get even more confusing. Most people are still really enamored by the technical aspects of social media tools. Q: Your latest blog post is about comment marketing. What is that? Topics: Originally published Jul 21, 2009 11:00:00 AM, updated March 21 2013 Webinar: Twitter for Marketing and PR Don’t forget to share this post! AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to Email AppEmail AppShare to LinkedInLinkedInShare to MessengerMessengerShare to SlackSlack A: Social media is still a relatively new thing with our companies, but we’ve been using social media tools to listen and respond to what people are saying about us or our industry in a variety of places on the Internet. Also, we have a number of people on staff who contribute content to our blogs. Unlike a lot of companies, we’re fortunate to have great content, but our challenge is helping the teams working on our sites’ infrastructures to make that content more accessible and easy to find from an SEO and SMO standpoint, since content that is attractive to search engines is also attractive to people, thus inspiring them to share that content on social networks. Q: How do you use social media to extend the web footprint of your company? As the communications and social media manager of financial services firm PEAK6 Online, Shannon believes in humanizing brands. Similarly, she seesthe future of social media as “more human, less mechanized.” , an online retail broker focused on options trading. Our compliance guidelines for this particular entity fall under the jurisdiction of FINRA, the Financial Industry Regulatory Authority, and are somewhat restrictive in communications with the public. This is intended to protect investors from unscrupulous practices and to educate them about the inherent risks with investing in general. According to FINRA regulations, any type of public Internet posting by a company representative to a blog or forum is considered an advertisement. This means disclaimers are often necessary to participate or engage in social networks. Shannon Paul A: I don’t know that we have really begun to focus on building our own communities at this point. There are so many existing communities of people devoted to investing and discussing the stock market. Our current strategy focuses on identifying communities where it makes the most sense for us to participate in a way that adds value to the discussion, or by providing participants in those communities with great content that they can share with others in their network. Photo Credit: If a single mention of stock markets and investor shares makes you as claustrophobic as it makes me, take a deep breath now. Shannon Paul A: Their customer, fans and the public. To me that’s really at the core of what social media is all about: turning from company centric entities to customer focused entities. Listening is important, but it’s not just about listening — it’s about listening, engaging and doing things better as a result. I think listening should trump any kind of benchmarking. Competitive analysis often means doing things as poorly as everyone else in the industry. Listening to your own stakeholders can give you the ability to transcend the competition. However, monitoring conversations on social networks and in blogs isn’t the only way companies can listen to customers. This can also include analyzing your own website metrics and making popular places easier to access, or getting rid of time limits on customer service calls. PEAK6 Online A: Let me preface this by saying that how anyone chooses to comment or participate in online discussions in an unofficial capacity is different than the kind of comment marketing I chose to write about. To me, comment marketing is the practice of commenting on blogs as an official representative of your company. I believe monitoring blogs is an important part of any communications strategy and that directly commenting on posts should be done very sparingly in an official capacity. That’s why I developed the red light, green light, yellow light system for weighing whether I should respond in an official capacity on a blog. A lot of marketers like to drop the official company line whenever something remotely related to their business or a competitor is mentioned on a blog. I don’t agree with this practice and warn others that they will likely offend rather than win over others when they do this too heartily. There are often better ways to reach out to the blogger, or even the commenter, without posting publicly. A lot of times, taking the conversation off-line to email or IM is way more effective in the long run. Q: Who should businesses follow as the rules of social media change? Q: Whose tweets do you love to read the most? Download the free webinar OptionsHouse A: I have a disclaimer on my Twitter profile for compliance reasons. I don’t think they’re necessary for everyone, but in order for me to speak openly about certain topics, this needs to be in place. One of the three companies that are part oflast_img read more

3 Ways eCommerce Can Leverage Social Media Monitoring

center_img In this instance you may see that positioning some of your cameras based on durability will appeal to parents who want something long lasting for their kids.You may even consider adding negative keywords to the “None of these words” columns to reduce the noise in your search. 2. Google Alerts Using Google Alerts , you can similarly monitor conversations in the blogosphere around your product types or target market. Try multiple variations at first and then refine your alerts once you start seeing and can analyze the results. Most importantly, view the comments under each blog article to see what multiple people are saying for even more insight. Originally published Nov 8, 2010 8:00:00 AM, updated February 01 2017 Wouldn’t you love more up to date and continuous insight as to what makes people buy your products? How can you make your product much more appealing and make them proceed through checkout from your product page? Fortunately for you, this insight from consumers is available all over the place your selling your products – the web.So, how can eCommerce business discover how to do better marketing and positioning of their products? One way is by closely monitoring the conversations happening in social media. With millions of people tweeting, posting, and updating their thoughts or actions a lot can be discovered just by listening. Considering the number of conversations and free access to this information, it would be irresponsible not to monitor conversations in the socialmediasphere.Here are 3 ways eCommerce businesses can listen through social media to better position and market their products.   1. Twitter Advanced Search Within Twitter’s advanced search you can sift through conversations based on keywords. By creatively coming up with different keyword combinations you can narrow your search to conversations related to shopping online and your target market or product. For example if your eCommerce website sells cameras you might try “online shopping camera”.last_img read more

5 Quick Fixes To Get Your Website Found

first_img Don’t forget to share this post! AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to Email AppEmail AppShare to LinkedInLinkedInShare to MessengerMessengerShare to SlackSlack SEO Topics: Originally published Nov 22, 2010 8:00:00 AM, updated July 28 2017 The same question has been asked repeatedly on our website optimization webinars .  Customers submit their websites and we have a panel of experts that review three sites per week. The burning question that all of our listeners ask is “what are the key things I can do right now to improve my Website Grader score?” These customers have used www.websitegrader.com .  You don’t need to use this tool, but you should be looking to make sure these best practices are in place on your site. 1.  Register your domain name for greater than 3 years.  It is cost effective and is looked favorably upon by the search engines to see that you are confident that your business is going to be around for a number of years.  You will instantly receive search engine optimization credit for increasing the time to expire date.  You can contact your hosting provider and for less than $30 extend your site out a couple of years. 2.  Have a 301 rediret in place to resolve http://yoursite.com and http://www.yoursite.com.  If a permanent 301 redirect is not in place, the search engines will not know where to allocate the credit.  If they resolve in one place, one site will receive all of the SEO credit.  You’ve worked hard to earn this credit, so make sure you get it! 3.  Create a conversion form.  Leads are the gateway to customers. If you have a solid offer and a landing page that supports your excellent call to action, you are more likely to gather that visitors information.  You can put them in an email marketing campaign or a lead nurturing campaign.  There is a world of options open to you once you have that email address or phone number. 4.  Start a business blog. Blogging is of the utmost importance for a couple of reasons:   A.  The search engines look at a few important pieces of information and one of those criteria is indexed pages.  Each time you create a blog post, another page is created.  It is fast way to increase your volume of indexed pages. B.  Blogging is yet another chance to create content around long-tail keywords.  Optimize each post around a long-tail keyword that you want to use to get found by prospects.  5.  Create unique and meaningful page titles that are keyword rich.  Use your most powerful keywords first. Can can separate the keywords by pipes {|}.  The pipe is the character between the parathesis that signals to the search engines that it is the end of the thought.Inbound marketing and search engine optimization go hand-in-hand.  Your site cannot be successful without accomplishing both of those tasks at the same time.  Please feel free to add any additional suggestions that may have worked for you in the past.last_img read more