Sunday, August 31, 2008

Francorp Client - USA Subs

Derry Sub Shop To Franchise Nationally
(Sunday, July 22, 2007) - USA Subs, for two decades a fixture as a standalone shop at 66 Crystal Ave., Derry, is about to go national.Working with Olympia Fields, Ill.-based Francorp, USA Subs has prepared for a roll out of its sandwich shop concept."We are going to be registering in every state in the country as of the first of the year," Karl Kuceris, co-founder and chief executive officer of USA Subs, said.

Founded in 1986 by Kuceris and partner Russell Hertrich, the chief financial officer, USA Subs last year brought in Kuceris' son, Keith Kuceris, as a partner and chief operating officer.The three formed American Dream Franchising LLC to franchise USA Subs, which is known for its "Steak Bomb" sandwich."Russell happens to be my best friend since first grade, and we're both in our 50s now," Karl Kuceris said. "We decided, you know, we're going to go with this, and we're going to put Derry, New Hampshire, on the map just like Subway did to Milford, Conn."USA Subs has an extensive menu of sandwiches, wraps and salads, offering items that are similar to those found at Subway, Quiznos and D'Angelos. USA Subs also offers a 6-foot party sub. "We sell those to companies in Boston," Kuceris said.Meat and veggie subsThat combination of choice under one roof has drawing power. "We're actually, we've been told, one of the highest volume sandwich shops in New Hampshire," Kuceris said.

The Derry sub shop sells more than 600 pounds of steak a week."We've got customers who come from Boston, and an elderly couple who come from Durham, N.H., an average of three times a week," he said.USA Subs has partnered with the largest developer of franchises. Francorp counts among its clients Jimmy John's Gourmet Sandwiches, Bridgestone, Shell and Ace Hardware.Donald D. Boroian, founder and chairman of Francorp, is bullish on USA Subs. "We are seeing the emergence now of new players in the sub sandwich in particular," he said. "They're doing a lot of turkey and chicken and even vegetarian sandwiches."USA Subs has gone beyond that point of the standard fare, and they serve a premium product," Boroian said. "As a result of that, we believe they have a very good shot at the sandwich industry, at the franchise industry in general."Boroian noted the cost of opening a USA Subs franchise will be less than many competing franchise restaurants because a freestanding building isn't required and they can be situated in shopping centers and storefronts.

Initial outlays for new franchisees will range from about $296,500 to $421,167, according to the www.usasubs.com Web site. Franchisees can lower their start-up costs by leasing rather than buying their equipment, Kuceris said.That's substantially less than the average $1.5 million investment it takes to start a typical fast food restaurant in a freestanding building, according to Boroian.Potential franchisees as well as franchisors can take a free quiz and download a free book from the Francorp Web site, www.francorp.com.Kuceris said 32 candidates have applied to franchise USA Subs stores, all but two for sites in New Hampshire. The others are in Maine and New Jersey."A lot of these franchise stores have been having problems over the years, and the problem is that they don't do enough volume," Kuceris said."To do the volume, you have to have the product that the customer wants," he said. "Especially in New England, you have to have a grill. Our grilled Steak Bomb is our most popular sandwich,"Newest partner Keith Kuceris worked in his father's business as a high school and college student, but detoured for awhile with stints as a soap opera actor in New York (One Life to Live and All My Children) and director of ticket operations for the Pawtucket Red Sox. He returned to the family business full time a year ago, officially becoming a partner in USA Subs Jan. 1."My parents came over from Latvia and this kind of thing was the American Dream to them," Karl Kuceris said."We can actually offer that to other people. That's why we came up with the American Dream Franchising name."I've got one guy that's been with me 20 years, another 15 years," he said."We actually try to take care of our people better than the average chain does; it's a really strong family atmosphere that we have here. That's what it's all about. It's about family, it's about independence, it's about that dream. "It takes a lot of hard work, but the hard work can pay off," he said.

www.francorpconnect.com

Francorp Malaysia - Affandy Faiz

About Francorp Inc
Francorp Inc was founded 30 years ago by its Chairman Don Boroian and has counseled more
than 10,000 companies and helped more than 2,000 businesses join the ranks of franchisors in
the USA, Europe, Middle East and Asia. Among its clients are Kentucky Fried Chicken, Omni
Hotels, Holiday Inns, Ace Hardware, Damon’s, USA Baby, Auntie Anne’s Pretzels, Culver’s,
Jollibee, Jimmy John’s, Jersey Mike’s Subs, Texaco, Shell and BP Amoco.
In Malaysia, Francorp’s clients include Wardrobe (men’s tailoring maestro), CN Health &
Beauty (beauty solution services), Kamdar (textile superstore), GDO (lighting and furniture),
Ridpest (total pest management control system), and EOA (pre-owned car dealers). Francorp
Malaysia is also developing franchise programs for other clients like Amee Philips (specialty
jewelry), Bao Bei (Mandarin language centre), Felisa (beauty spa), Lo Hong Ka (bird’s nest
retailer), MyKamera (photography shop), Gift & Logo (corporate and premium gifts), and Syed
Bistro (restaurant).
Francorp is a global leader in the franchise consulting industry with a unique approach that
remains unmatched by any other firm in the world. With a team of experts whose talents are
coordinated seamlessly to create customized materials that fit the specific needs of its clients,
Francorp has the global reach to help clients expand their business and creates a local presence to
adjust their business to fit each country's unique culture and laws.
About Affandy Faiz
A well-sought speaker in franchising, Affandy has more than seven years experience in the
franchise industry, coupled with auditing, corporate finance and direct marketing experience of
more than 10 years. He has undergone the Francorp's system training program in Chicago, USA
and the first Malaysian to qualify as a Certified Franchise Executive (CFE), awarded by the
Institute of Certified Franchise Executives (ICFE) of USA. Affandy has been featured in
mainstream Malaysian electronic media (TV and radio) and regularly contributes franchise
articles to leading newspapers and business journals.

Francorp Consulting to work with Cordillera Coffee

Cordillera Coffee is a growing company committed to serving the best Philippine Mountain Coffee.
We purchase high quality whole bean coffee exclusively and directly from the small backyard farmers of the Cordillera Region. We roast and sell them along with fresh, rich-brewed, espresso-based beverages, a unique selection of food with a distinctively ethnic flavour, and a variety of homemade pastries and confections.Cordillera Coffee intends to expand its business by opening new branches in prime business areas, not only in Metro Manila, but other key spots in the Philippines, like Baguio City and Cebu City.
In line with its expansion program, Cordillera Coffee is presently in the process of putting up a franchise program with Francorp, the leader in franchise development, as consultant.Company name: Cordillera Coffee CompanyDescription: A coffee shop offering the Philippine mountain coffee, ArabicaFranchise fee: P150,000 for kiosk and P350,000 for full store set-upTotal investment: P600,000 for kiosk and P1.9 million for full store

Franchise package:Trade name and trademark Operations Manual Site selection assistance Training for staff about coffee and food preparation National marketing and advertising support Pre-opening and grand opening assistance Initial inventory Working capital Construction cost and advance rent Store and kitchen equipment Continuous research and development Business consultation and regular meetings with franchisees Preferred sites:Business districts like Ortigas Center or Makati Areas near campuses Museums Tourist destinations like Intramuros, Malate, et cetera Application procedure: Send letter of intent and description or map of the proposed location if there is. Company-owned outlets: 3
Year started: 2003
Franchising since: 2006
Franchised Outlets: None
Term of franchise: 5 years
Renewal: 5 years
Projected ROI: 1.25 years to 2.25 years
Royalty fee: 5 percent
Advertising fee: 3 percentContact details:Unit 104 Llanar Building, Xavierville Avenue cor. B. Gonzales St.,Loyola Heights, Quezon CityTel: (02) 436-0324, 482-2515
E-mail: cordilleracoffee@gmail.com
Website: www.cordilleracoffee.multiply.com

www.francorp.com

Thursday, August 28, 2008

Francorp Regional Director - Stephen Russell

PRESS RELEASE

(Company Letterhead)

FOR IMMEDIATE RELEASE FOR INFORMATION CONTACT:
Francorp
(401-787-2530)

Francorp Welcomes New Regional Director


(South Jersey, NJ) - Francorp is proud to announce that Stephen Michael Russell has been appointed Regional Director of the Greater Philadelphia area.

Stephen Michael Russell is a dynamic individual with integrity and charisma. He resides in South Jersey with his loving wife and four beautiful children. He embraces the ' American Dream' to the fullest and believes that any motivated self-starter can make it big. His mission statement would be 'Persistence, perseverence and drive will always take one to a place of greatness.' He is a vibrant addition to the Francorp team and is a Finance Specialist. Stephen's background includes various type of business finance from commercial/residential mortgages to business equipment leasing.

Francorp is acknowledged as the world's leader in franchising. Since 1976 Francorp has provided full development programs to help insure the franchise success of over 2,000 businesses. To continue helping businesses expand, Francorp has established a Regional Directors Program. This program allows representatives throughout the country to provide the necessary resources to new business interested in franchising. For more information, visit www.francorp.com or call 401-787-2530.


# # #

Wednesday, August 27, 2008

VMware

VMware Appoints President of Greater China Region
Tue, Aug 26, 2008
VMware Inc., (NYSE:VMW) a virtualization solutions company, announced the appointment of Mr. David Sung (Song Jiayu) as president of VMware’s Greater China region.
Sung is responsible for strategic planning, business operations and management of key functions, including sales, channels, services and marketing, for the Greater China region. The Greater China region covers mainland China, Hong Kong SAR, Macau and Taiwan.
Prior to joining VMware, Sung served as general manager of IBM’s key large client department where he was responsible for corporate management as well as product and service distribution. With 2007 revenues of $1.3 billion, more than 120,000 customers and nearly 18,000 partners, VMware is majority-owned by EMC Corporation (NYSE:EMC).

Francorp Regional Director Walter Smith

PRESS RELEASE FOR IMMEDIATE RELEASE

FOR INFORMATION CONTACT: Francorp
(310-228-8517)

Francorp Welcomes New Regional Director Walter Smith. (Los Angeles, CA) - Francorp is proud to announce that Walter Smith has been appointed the Regional Director of the Greater Los Angeles Area. Walter holds a B. S. degree in Business Administration/Marketing from California State University, Los Angeles, California he has over 20 years experience directing sales organizations. Responsibilities included: Product development, account development, sales& marketing planning, inventory management and over-all business operations management. Francorp is very excited to be working with Mr. Smith and looks forward to having such a valuable asset join the franchise consulting team.

Francorp is acknowledged as the world's leader in franchising. Since 1976 Francorp has provided full development programs to help insure the franchise success of over 2,000 businesses. To continue helping businesses expand, Francorp has established a Regional Directors Program. This program allows representatives throughout the country to provide the necessary resources to new business interested in franchising. For more information, visit www.francorp.com or call 310-228-8517.

# # #

Tuesday, August 26, 2008

Francorp Regional Director

PRESS RELEASE


FOR IMMEDIATE RELEASE FOR INFORMATION CONTACT:
Francorp
(716-837-0595)

Francorp Welcomes New Regional Director


(Charlotte, NC) - Francorp is proud to announce that Kent Boxberger has been appointed Regional Director for the Greater Charlotte, NC area.

Joel Neumann has been a Franchise Consultant and owner of Franchise Finders Inc., an independent affiliate of The Business Alliance franchise brokerage, since October 1, 2003. As a franchise consultant, Mr. Neumann assists franchise companies in various industries sell single, multiple and area developer units. In addition to operating Franchise Finders, Mr. Neumann is also the Franchise Director for Elect Home Care, a growing home care assistance franchise. Prior to Franchise Finders he was a senior manager in a major public accounting firm.

Francorp is acknowledged as the world's leader in franchising. Since 1976 Francorp has provided full development programs to help insure the franchise success of over 2,000 businesses. To continue helping businesses expand, Francorp has established a Regional Directors Program. This program allows representatives throughout the country to provide the necessary resources to new business interested in franchising. For more information, visit www.francorp.com or call 716-837-0595.

Health Care Franchises are Booming

Business is booming for new health care franchises

The doctor's office could be going the way of the restaurant. Local and national numbers suggest an emerging trend among health care providers: More optometrists, chiropractors and other specialists are signing up with franchises, opting for the security of an established brand over the frenzied tug-of-war of an independent practice.
Companies like Massage Envy, a chain offering therapeutic massage services, are burning up Entrepreneur magazine's Franchise 500 list. The Arizona-based company started franchising in 2003 and has since exploded into 439 locations, including 13 in Utah and one more on the way. The breakneck pace earned Massage Envy the No. 2 spot on Entrepreneur's listing of new franchises this year.
It's a similar story for SpinalAid Centers of America, a Florida-based company offering nonsurgical spinal decompression therapy. Having started franchising in 2003, the chain now boasts 142 locations across the United States, including eight in Utah. That was good enough for 18th place among new franchises this year.
Dr. Eric Lee owned Utah's first SpinalAid franchise in American Fork. He founded a private practice there in 2003, but signed up with the national chain in 2005 after meeting with its founder, Dr. Frank Liberti, in Florida. He said he was hesitant at first to give up on his independent practice and join the company, fearing it could reflect an image unrepresentative of his philosophy -- but as he began to see the benefits, those feelings were assuaged.
"I had a lot of ideas," he said. "When I met with them and they said, 'We've already got all this stuff,' I didn't have to do it."
Lee said the biggest advantage he's seen is that SpinalAid handles the business end of things -- coordinating marketing, dealing with insurance companies -- so he can give his undivided attention to healing, rather than worrying about the bottom line.
"I can focus fully on the patients," he said. "I don't have to worry about printing and creating material, creating a brand -- that's all there. That's huge."
Now, Lee can go online and simply click on any number of template ads created by the company. Days later, they're appearing in the newspaper and on TV.
Lee pitched SpinalAid as the safe choice for consumers, too: Like a McDonald's, patients know what to expect in the way of services and pricing at any SpinalAid they enter, whereas billing could vary wildly from one independent practice to another. That's beginning to yield industrywide benefits, he said, where large insurance companies are looking to franchises to help standardize how compensation is awarded for different procedures.
Aaron Massey, a Pleasant Grove man suffering from a bulging disk he sustained while building a shed, visited the store Thursday for a lumbar decompression procedure. Having been treated by independent chiropractors before, he said a friend recommended he try the franchise over conventional offices.
"They're one-on-one with the patients," he said.
Massey said he had no reservations about seeing a franchise provider instead of an independent doctor -- that the potential "McDonald's factor" wasn't an issue.
Optometry chains have led the field of franchised health care for years. Pearle Vision began franchising in 1980, and now maintains 402 independent stores and 496 company-owned ones. It currently holds spot No. 104 on Entrepreneur's Franchise 500 list.
Entrepreneur magazine's staff did not return calls Friday for comment.

www.francorp.com

www.francorpconnect.com

Monday, August 25, 2008

XTO Energy

XTO Energy updates hedge pricesAugust 25, 2008 2:04 PM ET
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FORT WORTH, Texas (AP) - Oil and gas explorer XTO Energy Inc. said Monday it has hedged more than 70 percent of its remaining 2008 production volumes at a price of $10.10 on a natural gas equivalent basis.
The company said it increased hedged volumes for 2009 to more than 40 percent of expected production at an equivalent price of $12.31 per million cubic feet equivalent.
Hedging sets future prices for the gas seller, while helping its customers avoid the risk of volatile price swings by letting them lock in at a set cost.
Shares of XTO fell 93 cents to $47.41 in afternoon trading.

Friday, August 22, 2008

Francorp Client - Fruyu

Francorp Client Fruyu featured in the North Store Online. Fruyu delivers an all natural fantastic product and stands out from the rest of the Yogurt competition.

Byproducts of the yogurt revolution
Jun. 5, 2008
By Erica Egenes, Nikki Hernandez, and Jimmy Vuong
Kissberry
Kissberry offers both smoothies and yogurt combinations. The yogurt comes in two flavors: original and green tea. Then there are various toppings that can be added. The original-flavored yogurt isn’t as tart as Pinkberry’s and some others’ which makes it bland and not as good. Just like at Pinkberry, there was an assortment of cereals, fruits and various other toppings. The berries at Kissberry were not terribly fresh or very juicy. Between the slightly bland yogurt and the mediocre fruit, it was just a bland overall experience.
Fruyu
http://www.fruyu.com/
Fruyu is simply another baby of the yogurt boom but that does not make it less than its peers. Just like the others, Fruyu features plenty of flavors that may be accompanied by plenty of toppings. These toppings range from your everyday breakfast cereal to fruit that is cut in front of you. One thing that does set Fruyu apart from the other yogurt parlors is the fact that it features real yogurt. Real yogurt has active cultures which is what makes the yogurt really healthy for you without sacrificing the taste. Also, Fruyu’s yogurt dispensers have a swirl feature that allows you to swirl two of your favorite flavors together.The cafeteria style serving is good when you really need your yogurt fix or simply like to mix and match flavors with the bountiful toppings.
Pinkberry
http://www.pinkberry.com/
Pinkberry is considered to be the originator of this yogurt craze. Pinkberry is a perfect choice to lead the yogurt frontier. As the original, it does not feature the cafeteria-style serving system, which actually is good for those of us who have problems with controlling portions. Where Pinkberry’s successors excel, Pinkberry fails. Pinkberry only features two flavors whereas the other yogurt parlors feature as many as eight. There are plenty of toppings to choose from including fresh cut fruit, well worth the price. As far as styling goes, Pinkberry is the essence of swank. The white interior is highlighted with vibrant colors which set the mood for a smooth and healthy snack.
Berrysweet
Berrysweet is just as modern and chic as any other yogurt shop around, with black and white tiles and a couple of computers to mess around on while you’re sitting there scarfing down some frozen yogurt. The yogurt choices available are just like those at every other place, with a few extras being watermelon and taro. The watermelon flavor is a must-try but the taro yogurt is a definite must-NOT-try. The topping bar was loaded with the usual tasty toppings: cereals, fruit, candy, etc. What's different about this yogurt place is that it's self-serve, so you get exactly what you want. One wonderful thing about Berrysweet is its business hours. It’s open until midnight seven days a week. So when you’re sitting at home studying for a billion hours, you can stop by Berrysweet when you’re done (if you’re done) to treat yourself, even if it’s the middle of the night.
Swirl
Swirl Frozen Yogurt is just like other frozen yogurt shops: filled with tasty flavored frozen yogurt choices and a wide array of yummy toppings. Unlike the other frozen-yogurt shops, Swirl attempts to gear its products toward simplicity and nutrition. In contrast to Swirl’s goal of being so nutritious, is the topping bar. It was full of the most fattening toppings around. There was everything from cereal to cake and cookies but of course they had their minuscule amount of fresh and delicious fruit on the side. Swirl is a typical yogurt shop and definitely not a stand out.
http://www.francorp.com/

www.fruyu.com

Francorp Regional Director - Peter Yang

PRESS RELEASE


FOR IMMEDIATE RELEASE FOR INFORMATION CONTACT:
Francorp
(714-293-7124)

Francorp Welcomes New Regional Director


(Diamond Bar, CA) - Francorp is proud to announce that Peter Yang has joined the Regional Directors Program.

Peter has had extensive experience in sales in business development, most notably with First Data, a giant in the credit card processing industry. He has been successful in acquiring sales both with large corporations as well as small businesses through a variety of sales methods including: telemarketing, business to business, cold calling, referrals, and networking. Peter also has a BS in Organizational Leadership from Biola University in La Mirada, CA with a special emphasis on Business Ethics. He currently resides in Diamond Bar, CA.

Francorp is acknowledged as the world's leader in franchising. Since 1976 Francorp has provided full development programs to help insure the franchise success of over 2,000 businesses. To continue helping businesses expand, Francorp has established a Regional Directors Program. This program allows representatives throughout the country to provide the necessary resources to new business interested in franchising. For more information, visit www.francorp.com or call 714-293-7124.


# # #

Francorp Regional Director - Kent Boxberger

PRESS RELEASE


FOR IMMEDIATE RELEASE FOR INFORMATION CONTACT:
Francorp
(678-462-8646)

Francorp Welcomes New Regional Director


(Atlanta, GA) - Francorp is proud to announce that Kent Boxberger has joined the Regional Directors Program.

For over 25 years, Kent has worked with Fortune 500 companies to grow, expand and increase business success. Over the past 12 years, as President of his own small business, MarketCorp International, Inc., in Atlanta, GA, he has worked in various executive management positions as a consultant with expertise in Sales, Marketing, Advertising, Management, Operations and Training, with dozens of companies in many industries.

Prior to joining Francorp, Kent worked for Bell Atlantic Leasing and Finance, as a Regional Manager facilitating the finance and expansion for business equipment manufacturers, distributors and dealers nationwide. He also worked with large Franchise organizations, providing finance and leasing of multiple unit locations, for expansion on a national scale. In addition, holding various positions and as an executive, he has worked with some of the largest insurance companies, in providing personal and business insurance through agents, brokers and direct sales organizations.
Francorp is acknowledged as the world's leader in franchising. Since 1976 Francorp has provided full development programs to help insure the franchise success of over 2,000 businesses. To continue helping businesses expand, Francorp has established a Regional Directors Program. This program allows representatives throughout the country to provide the necessary resources to new business interested in franchising. For more information, visit www.francorp.com or call 678-462-8646.


# # #

Monday, August 11, 2008

McDonald's

MCD has Strong JulyFriday August 8, 2:24 pm ET By Jim Giaquinto
Consumers may be pulling back on their eating-out habits during this tough economy, but many have made an exception for McDonald's (NYSE: MCD - News). The fast-food staple announced that same-store sales in July advanced by 8%, which has helped shares to gain approximately 6% on Friday.
System wide sales for worldwide restaurants advanced 15.9% in the month, or 9.5% in constant currencies. U.S. same-store sales increased 6.7% as MCD focused on breakfast, chicken, beverages and advertising for the Big Mac.
MCD is a Zacks #2 Rank company with earnings estimates for this year that are up 3.9% in two months. Its sales momentum in July suggests that analysts' earnings expectations could continue to advance.

Marriott

Being Social
Meet the new facebook of Marriott
By Nancy WeingartnerAs published in: Franchise Times - August 2008
Kathleen Matthews is viewing the news from a different angle. Instead of reporting the news from behind the anchor desk, she's now making the news for Marriott using new media techniques.
Cover photo by Steven E. PurcellWhen Kathleen Matthews created her Facebook page as part of her new-media campaign at Marriott International, two of the first people she invited to be her "friend" turned her down flat. But they were her children, after all - one of whom called her to complain; the other simply ignored her. Matthews' oldest child, Michael, perhaps in a pity move, did accept her offer of cyber friendship, she says, laughing.
Matthews, a former award-winning news anchor in the Washington, D.C., market and wife of "Hardball" host Chris Matthews, is settling comfortably into a life of making news, as opposed to reporting it, for the somewhat staid Marriott brand.
Her charge as executive vice president, global communications & public affairs, is multifold, which is what appealed to her when offered the job 18 months ago. In addition to handling public relations, her role was expanded to encompass politics; social responsibility, such as Marriott's green initiatives; and new media. New media, by the way, is using nontraditional channels to get a company's story out, such as the social networking site, Facebook, plus blogs and online videos viewed on sites such as You Tube.
"She's a dynamo; no one can keep up with her," says Jay Hamilton, Marriott's senior director of public relations. "By the time she walks by your door she's mentioned five things you need to write down (and do)." And she repeats this process all the way down the row of offices, her co-workers say.
Walking and talking, both at a fast clip, to have her photo shot in front of the world flags that signify Marriott's international scope, Matthews does indeed appear to be a dynamo. Still looking the part of a news anchor, Matthews was dressed in her favorite color, red. It's a hue that dominates her office décor from the chairs to the espresso maker. Red also "pops" on television and now she has one more reason to wear red, it's the signature color of her new charge, Marriott.
Matthews exudes confidence - friendly, but not chummy. A runner, she's in constant forward motion. Her desk at the time of this interview was covered in stacks of paperwork, and she joked that her boss wouldn't want her picture taken there. Her department has an abundance of flat-screen TVs turned to the news - especially MSNBC, the station that runs Chris Matthews' show. "If we want to put Marriott in the news, we have to know what the news is," she states.
A familiar spot for someone used to being pitched stories.
"She's always looking for the next big idea, how you can maximize news," says Gordon Lambourne, senior vice president of global PR. "She's intuitive of what the media's interested in."
Perhaps that's why Matthews is a nine-time Emmy winner for her news coverage in the Beltway. Reporting the local news was ideal while her children were younger. "I didn't travel, and I had a predictable schedule," she says. "(Plus) I brought home stories that made me a better mother." While other mothers may have struggled talking to their children about HIV or drunken driving, Matthews says she was able to bring up one of the stories she had just reported on to launch the subject with her teens.
For the most part, her children kept the fact that they had high-profile parents a secret from their friends and teachers. "People were surprised to find out Chris and I are married because most women (in TV) keep their (maiden) names," she says.
Being half of a celebrity couple makes it a little harder to balance work and home. Like most working women, Matthews says she was always "time-starved." "I try to let the worlds bleed into each other," she says. When her children were younger, they would come to the studio with her when need be, and "Chris took them to New Hampshire every four years to cover the presidential primary."
Ironically, the contacts she spent years amassing as a news anchor have helped her more in her position with Marriott than when she was sitting behind the anchor desk. It's also given her a different perspective on the news to offer her husband. "It's exciting to bring a new skill set home," she says.
And Marriott has benefited from having Chris Matthews, who usually commands a hefty speaking fee, talk at Marriott functions, she says.
Moving up Marriott
There's a method to introducing new-media channels to an established brand. For instance, her Facebook page is the equivalent to the old-fashioned suggestion box. Her circle of "friends,"
or contacts, can send her messages, or she can alert a group to new innovations at Marriott in real time. Gen Y associates like her Facebook page, she says, and baby boomers, "who are always trying to be relevant, love it because they always want new ideas."
One of her first coups at the hotel chain was to convince Bill Marriott, the 80-something chairman, to blog. His first reaction after learning the definition of a blog was that it would be impossible for him to do because he doesn't type, nor does he use a computer. Matthews says she convinced him to record his message on a small, digital tape recorder for someone on staff to type. A hard copy is then printed out for his edits.
Bill Marriott is one of the few top executives to have a blog, and most likely the oldest. His subject matter varies from his revelation that he does Pilates regularly, which led to the creation of an exercise studio for employees at Marriott headquarters, to praise for franchisees and their staffs who helped during the Midwest flooding earlier this summer. His blog on lessons learned as a Boy Scout had 5,000 hits, Matthews says.
The purpose of the blog is two-fold. It drives traffic to the site - a link to booking a room at a hotel property, generated $1 million in room revenue, Matthews says - but it also is a way for the personable CEO to visit all 3,000 properties without leaving town.
When he does visit his hotels, Matthews says staff will gather in the lobby and actually applaud. "He's so warmly received everywhere he goes," she adds. Which isn't hard to understand, given that Marriott likes to visit with the housekeeping staff and tour the kitchens, not just meet with management.
"Traveling with Bill is like traveling with the secretary of state - no make that the president and Bono combined," she says, laughing. It's also a full day's worth of work, since Marriott visits between 10 and 15 hotels a day on the road.
Marriott's interviews, as well as any company news, such as the grand opening of its 3,000th hotel, are posted on the Marriott page on You Tube. Footage of the grand opening of that hotel, which just happened to be in China, was fed back to headquarters within hours of the ceremony, where 3,000 trees were planted as part of Marriott's green initiative. Footage of the event was immediately edited and posted on the Web, says Lambourne. "We were able to combine new media and traditional media to get the story out," he says.
In addition to using new media for external communications, Marriott also takes advantage of ways to keep employees and franchisees in the loop. And Matthews has a chart detailing the many ways headquarters reaches out to its constituencies.
Nick Powills of No Limit Media Consulting marvels that more franchisors aren't blogging.While Marriott International may be ahead of the curve by embracing new media in so many facets, it's something all franchisors should be doing, according to PR professional Nick Powills of No Limit Media Consulting who blogs about new media.
Marriott's use of social networking is right on target, Powills says. Every time it posts a blog or adds something to its social Web pages, the company's name moves up on search engines. "You want your franchisees to find as much positive information on your brand as possible," he says. "It drives content and you can control the message." For instance, a negative posting to a blog or Web page can be deleted.
Social networking sites give consumers a way to comment on their stay at the Marriott brands - which include Ritz Carlton, Fairfield Inn, Renaissance and Residence Inn - or give their opinions on the company's green initiatives or a hotel's amenities. And in a world where we can't trust whether the TV character is drinking a Coke because the script calls for it, or because Coke paid for a product endorsement, having "real" people's input on brands is seen as invaluable.
These sites are also a way for the company to offer a special room rate, announce a new opening or alert consumers that Marriott International is getting greener by offering recycled pens.
The company actually does offer recycled pens. "We buy 47 million Bic pens as a company a year," she says. "We worked with (Bic) to develop recyclable pens." The company also has gone to toilet paper with no cardboard rolls.
"Bill (Marriott) is a great evangelist for these initiatives," Matthews states. "Social responsibility is so important for companies." Remaining competitive and able to attract a "world-class workforce," means being green. In addition, she adds, climate changes greatly influence their hotels, so it's in the company's best interest to reduce its carbon footprint and to encourage vendors to do the same.
And with the buying power of 3,000 hotels, the brand has considerable clout.
The purpose of all her creative energy is to guide Marriott so that it stays cutting edge and relative to both its employees and guests.
New media has proven a popular way to connect with customers. For instance, guests of the Courtyard brand were asked what kind of hotel they wanted, and their candid responses were captured on film and uploaded to http://www.gocourtyard.com/. "We continue to get comments" from guests, Matthews says.
On the other hand, Bill Marriott's blog gives a behemoth brand a human face. His musings are supplemented with video clips, like a recent one starring the young pop-and-lock dancer whose silhouette is featured on the Apple iTune commercials.
And while more than 100 million people have blogs - Time magazine named bloggers its person of the year in 2006 - Powills says he's surprised more franchisors aren't doing it. Or that they don't have Facebook pages, since Powill's research reveals the site had 123.9 million unique visitors in May of this year alone and is the Internet's No. 6 most visited site.
Stay tuned, because as soon as this article comes out Matthews probably will have added another dozen sites to Marriott's new media campaign, or found some other innovative way to get the brand into the news.
"She's just what we needed," says her assistant Marilyn Cole. "I don't know how she does everything. But we're having fun."

Thursday, August 7, 2008

Wonder Auto Technology Group continues to beat Expectations

Wonder Auto Technology Q2 profit rises; sales up 55.6% - Quick Facts 8/6/2008 7:41 PM ET

Stocks Pare Losses On Housing Data - U.S. Commentary (RTTNews) - Wonder Auto Technology Inc. (WATG: News, Chart, Quote ) posted second quarter net income of $5.3 million or $0.20 per share, compared to $3.8 million or $0.16 per share in the year-ago quarter.Sales revenue for the quarter rose 55.6% to $36.7 million from $23.6 million in the last year quarter.Four analysts polled by First Call/Thomson Financial expected the company to report loss of $0.19 per share on revenues of $35.14 million.For the third quarter, the Company expects sales revenues to grow strongly to $39.0 million with the gross margin to exceed 25.5%.On average, analysts estimate revenue of $39.03 million for the third quarter. by RTT Staff WriterFor comments and feedback: contact editorial@rttnews.com