Friday, November 29, 2019

What to do when people get your name wrong

What to do when people get your anthroponym wrongWhat to do when people get your name wrongIs your life one constant blooper reel of people constantly misspelling and misspeaking your name? Its one thing when someone on the street gets it wrong in passing - you probably wont see them again. Its another when professionals you regularly deal with get it completely wrong all the time. Eventually, they settle for just calling you you.Hey, you Hows it hanging, buddy? they start saying. After years of hearing this tactic, you wont let anyone get away with being clever. The ones who keep failing at your name get some credit, because at least they keep trying.You can only grit your teeth politely for so long. When people fail to put together a few letters, it makes you feel smaller than the length of those letters. It hurts, even when youve gotten used to it.You shouldnt have to get used to it. Heres what to do when people get your name wrong.Go with phoneticsDuring meetings, talks and work shops, you can preempt misspelling mistakes by writing your name out and put a nail in the coffin of misspeaking by verbally sounding it out - or at least try. It still goes in one ear and out the other, but not as often.Insert a phonetic spelling of your name into your schmelzglas signature, such as Sigh-Oh-Wren for Sioryn. This approach will help others adjust to your name if its not typical to where youre working and living or a little too verrotten for folks. Its stealthy and direct enough to workTake the strategy viral, and insert the phonetic spelling of your name on your social media profiles. On Twitter, Iva Dixit, social media coordinator of The New Yorker, put phonetics in her handle this way Its pronounced Dixit as in Fix-it the Iva as in Gen-eva. No relation to Madhuri. A little humor goes a long way.Keep being straightforwardRepeating yourself is exhausting, but its more tiring and annoying to take the passive approach constantly. You tried politely correcting with a s oft voice, but people just keep missing your proper name. You tried ignoring it, and of course, nothing changes. So, stop worrying about how you come across, and be straightforward. Its likely humiliating to the partie who continually gets your name wrong, too.If you keep it brief and use a professional tone, you wont come off sounding like a jerk. However, you also need to consider your relationship with the person and how they would feel if you corrected them in public. Fifty-five percent of individuals identify with what they do and will take their mistake seriously as a reflection of themselves when you correct them. So, try pulling the person aside first.Earlier, you referred to me as Bob. I want to make sure you know I actually go by Rob.Focus on the mistake, but dont phrase it as if youre blaming - or shaming - someone with phrases like You made the mistake of Many people will accept constructive criticism mindfully. Unfortunately, not all people are self-reflective or co nsiderate of such necessary nuances as names and language.Instead, try something like My name often gets confused with Katrina, but its actually Karina.Sometimes, you may have to commit a social faux pas and interrupt someone. Do it anyway. People often respect those in leadership positions for being to-the-point and forthright, so if youre looking to climb the ladder, better start practicing now.Dont be afraid to interject with Its Karina. Sorry to interrupt Please keep going.These three tactics wont stop people from getting your name wrong, but they offer tools that tackle different types of personalities and learning styles. The quiet folks who are visual learners and need repetition can check your social media and email signatures.The unaware can get a polite to-the-point update in a private conversation - or by being interrupted. You can also have a little fun by referring to yourself in I statements or the third person if youre feeling extra eccentric one day.Refer to yoursel fThis approach may raise a few eyebrows, but most will shrug it off and learn. The clever, good-humored folks at in your life will laugh along with you.Why not have a little fun when correcting others? Youre not being malicious, just potentially coming off as a very eccentric individual.Say someone asks you something like Well, how did you decide to become a lion trainer and marketing director?You say, One day, a rogue lion found its way into the office, and someone was bound to get bitten. So, I thought to myself, Sioryn (said correctly), you can either tame this lion and rise to the occasion, or die. Obviously, I made a new friend.If youre a jokester, you can try referring to yourself in the third person, but the latter approach is probably the best - hopefully, without the lions.Whatever approach you take, its time to reclaim your nameThis article first appeared on Punched Clocks.

Sunday, November 24, 2019

The Competitive Pet Medication Market

The Competitive Pet Medication MarketThe Competitive Pet Medication MarketIn May of 2015, the Federal Trade Commission (FTC) released the results of a three-year study into the lucrative pet medication industry.The market for veterinary medicines has shown significant growth in recent years and has become a very important component of the veterinary industry as a whole.Prescription and over-the-counter dog and cat medications reportedly brought in more than $7.6 billion in 2013.Sales of such medications were projected to increase to a staggering $10.2 billion by 2018. For many years, veterinarians enjoyed a near monopoly on veterinary prescription and over-the-counter drug sales.Beginning in the late 1990s, non-veterinary medication providers (both brick-and-mortar and online retailers) started to take control of a larger market share. While they certainly face increased competition from these sources, veterinarians still traktement more than half (58 percent) of pet medications in 2 013. Brick-and-mortar retail storefronts account for 28 percent of pet medication sales, while online or mail order retailers account for the remaining 13 percent. It is important to note, however, that just two years previously vets accounted for 63 percent of pet medication sales.Retail competition appears to be growing at a strong rate. So what does this increasingly competitive pet medication marketplace mean for veterinarians? Vets Now Competing with Retailers The competition from non-veterinary retailers can take a considerable bite out of veterinary profits.The FTC report noted that approximately 20 percent of a clinics revenue is derived from pet medication sales on average.While many owners are still not conscious of the fact that they can simply request a prescription from a vet and have it filled online or through a big box store, the increasing market share for retailers indicates that this is changing.As clients seek service elsewhere, vets stand to lose a significa nt part of their traditional practice income. Reduction in Prescription Markups Veterinary prescriptions and over-the-counter medications are often marked up significantly to drive revenue for the practice.The proliferation of non-veterinary retailers has driven down the prices of certain readily accessible prescription and OTC products.The markups on certain pet medications, particularly flea and tick control products and heartworm preventatives, have been reduced at most veterinary practices to compensate for the lower rates available at retail stores.Flea and tick products are only marked up at a rate of 78.2 percent, while heartworm preventatives are marked up 82.9 percent many veterinary products can be marked up 100 percent or more from manufacturer prices. Potential Increase in Cost of Other Veterinary Services Veterinary medication markups help offset the costs of comprehensive clinical care and diagnosis.If this income is reduced, vets may have to increase prices fo r exams and other services to meet their overhead costs of staying in business.Some less ethical practitioners might be tempted to run additional tests and perform additional procedures to increase revenues. Increased Administrative Costs for Prescription Writing Veterinarians save time and administrative costs by not having to write prescriptions for medications that will be filled in-house.Documenting a large number of prescription requests can dramatically cut into those savings.There is also a piece of pending legislation known as the Fairness to Pet Owners Act, which would require veterinarians to write every prescription out and provide it to the owner (even if the owner does not wish to receive this documentation or fill a prescription elsewhere). Advice Provided to Veterinary Clients at Human Pharmacies There is concern that menschengerecht pharmacists may not be well informed about veterinary pharmacology and potential errors or drug interactions.While veterinarians have long utilized retail pharmacy suppliers for certain specific needs, such as dispensing human generic drugs that are also prescribed for use in animals, exclusively veterinary products are a newer arrival in the human pharmacy environment. Increase in Gray Market Sales The gray market for veterinary medication does exist.While veterinary product manufacturers primarily (or exclusively) sell their products directly to vets, those products do seem to leak to retail storefronts or online sellers through a secondary market.Additionally, some manufacturers claim not to sell to non-veterinary retailers but seem to engage in the practice.This is also referred to as diversion of veterinary products.These sales may benefit some practitioners financially if they engage in reselling, but on the whole such gray market sales tend to lower the market value of drugs.

Thursday, November 21, 2019

3 ways big data reveals what you really like to watch, read, and listen to

3 ways big data reveals what you really like to watch, read, and listen to3 ways big data reveals what you really like to watch, read, and listen toAnyone whos watched Bridget Joness Diary knows one of her New Years resolutions is leid go out every night but stay in and read books and listen to classical music.The reality, however, is substantially different. What people actually do in their leisure time often doesnt match with what they say theyll do.Economists have termed this phenomenon hyperbolic discounting. In a famous study titled Paying Not to Go to the Gym, a couple of economists found that, when people were offered the choice between a pay-per-visit contract and a monthly fee, they were more likely to choose the monthly fee and actually ended up paying more per visit. Thats because they overestimated their motivation to work out.Hyperbolic discounting is just one challenge of operating in a creative industry. Tastes are highly subjective, and the elements of plot and narrat ive that make one movie a tremendous hit could easily make another a critical and commercial failure.For decades, advertisers and marketers struggled to predict the consumption of leisure products such as movies and books. Its equally challenging to decide the timing. Which weekend should a studio release a new movie? When a publisher releases a hard copy of a book, how do they decide when to release the e-book version?Today, big data offers new visibility into how people experience entertainment. As a researcher who studies the impact of artificial intelligence and social media, there are three forces that stand out to me as especially powerful in predicting human behavior.1. Economics of the long tailThe internet makes it possible to distribute entertainment products that are less popular than hauptrichtung successes. Streaming shows can acquire a larger audience than what is economically feasible for distribution through prime-time television. This economic phenomenon is referred to as the long tail effect,Since streaming media companies such as Netflix do not have to pay to distribute content in movie theaters, they can produce more shows that cater to niche audiences. Netflix used data from their individual customers viewing habits to decide to back House of Cards, which was rejected by television networks. Netflix data showed that there was a fan base for movies directed by Fincher and movies starring Spacey, and that a large number of customers had rented DVDs of the original BBC series.2. Social influence in the era of artificial intelligenceWith social media, people can share what they are watching with their friends, making otherwise independent entertainment experiences become more social.By mining data from social sites like Twitter and Instagram, companies can track in real time what moviegoers think about a given movie, show or song. Movie studios can use a treasure trove of digital data to decide how to promote shows and release dates for movies . For instance, the volume of Google searches of a films trailer during the month before its premiere is a leading predictor of Oscar winners as well as box schreibstube revenue. Movie studios can combine historical data about movie release dates and box office performance with search trends to predict ideal release dates for new movies.Mining social media data also helps companies to identify negative sentiment before it spirals into a crisis. A single tweet from an unhappy influential customer can go viral, shaping public opinion.In a study I conducted with Yong Tan of the University of Washington and Cath Oh from Georgia State University, we showed how such social influence determines not only which YouTube videos become more popular, but also that videos shared by influential users become even more widely viewed.One study shows that when studios pay attention to social media buzz before a movies release, the difference between the predicted revenue and the actual revenue, known as the forecast error, reduced by 31 percent.3. Consumption analyticsBig data provides better visibility into what books and shows people actually spend their time enjoying.The mathematician Jordan Ellenberg pioneered the use of the Hawking index, a measure of the average page number of the five most highlighted passages in a Kindle book as a proportion of that books total length. The Hawking index shows when people give up on a book. If a 250-page books average Kindle highlight appears on page 250, that would give it a Hawking index of 100 percent.The theory gets its anthroponym from Stephen Hawkings A Brief History in Time. While this book still sells millions of copies a year, it is also seldom read, with a dismal Hawking index of 6.6 percent.When a company such as Amazon decides which books to recommend to potential readers or which Prime shows to produce, they look at detailed digital traces of which plot points engaged audiences and which did not. This might help them to promo te an upcoming release or to make better recommendations to individual users.Whats more, new types of artificial intelligence can investigate what makes people engage with creative content. For instance, a company named Epagogix pioneered an approach using a neural network an artificial intelligence tool that looks for patterns in very large amounts of data on a set of screenplays rated by experts in the entertainment industry. The computer could then predict the financial success of a movie. According to some reports, such artificial intelligence can predict up to 75 percent of films actual opening grosses.Given new big data insights like these, entertainment companies may soon know what exactly Bridget Jones would like to do with her leisure time better than Bridget herself does.Anjana Susarla, Associate Professor of Information Systems, Michigan State UniversityThis article is republished from The Conversation under a Creative Commons license. Read the original article.