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Monday, May 04, 2015

Growing Your Business Through Customer Referrals


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A small business constantly struggles with building up their customer base. Gathering new clients is very difficult to do no matter what kinds of methods are employed. Marketing methods that are varied can be one of these techniques. Potential client cold calling would be another one. Potential customer's homes can also be mailed to directly if you like. However there is an untapped resource that small businesses don't take advantage of. Failing to take advantage of current client referrals is a huge mistake often made.

Customer referrals, if used in the correct manner, can become the backbone for your business development plan. The best advertisement for your business is your current customers who are pleased. Finding a way to generate referrals out of your customer base can allow you to grow your new customer base drastically more than you have in the past. It is difficult to figure out a way for you to generate these referrals in an efficient method.

There are a few different ways that you can efficiently generate current customer referrals. Any new customer can be offered a bonus or special offer if they are referred to you from a current customer of yours. Both ends of this referral can receive the perk. One example would be to offer a buy one get one free coupon to the current customer and the same offer to the referred customer you signed up. The added costs is really the only realistic draw back to this type of technique.

Weighting the cost of new customers is something that must be done to compare. What was the amount of time you used to get this new client? How much marketing was required to bring them in? Both the time you spend and the marketing you develop cost you money. Spending money on these methods usually doesn't cost any more or less than offering a bonus for referrals. Do not forget that this referral bonus is mean to bring in a new customer, but also makes your current customer base more pleased with you.

Sunday, May 03, 2015

Tips For Having A Successful Trade Show Presence


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You are going to be participating in a trade show; now, you just need to accomplish the simple task of knowing everything you need to know in order to be successful. While this might seem overwhelming, it can actually become very simple. You just have to understand the one basic element of trade show success.

What is this one thing anyone at a trade show needs to know in order to be successful? It is quite simple, really: In a trade show, no matter what you are selling, you are actually selling YOU. That's right - you're selling you, so make sure you know how to do this.

Selling yourself begins even before you show up at the trade show. You have to make sure that you are feeling confident, and you have to also make sure you are dressed in such a manner that others will feel confident in you. If you make the mistake of looking sloppy, people will think that your business is sloppy. Make sure you will make the impression you want to make; double-check everything!

Remember when you arrive at the trade show that people need to buy you before they will buy your product. Everyone is someone; this is important to remember, because this is the case whether the person looks like someone or not. Keep that smile on your face at all times, look approachable, and look like you want to talk. Treat every person as though they might be your next big client or customer, because you never know who that next one will be.

Remain engaged when you talk to people. Keep smiling while you talk to hem; maintain eye contact; make sure they feel like you care about them and what they are saying. As you talk to them, bring the conversation to areas of common ground. People feel more comfortable when they are on ground they are familiar with, and you can do this by leading the conversation toward common points of interest.

Finally, remember that - to the eyes of those at the trade show, those with whom you interact - you represent the entire company. If you treat the people you speak with in a manner that coincides with this train of thought, you will surely be on your way to success.

Although the trade show might seem daunting, all you have to do is remember that it is actually all about the people, and that to the people it is all about you. Give them something that makes them feel comfortable with and confident in you, and they will feel comfortable with and confident in your business.

Paying For Pictures To Promote Your Business


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Using a camera is one of the easiest things for anyone to do; after all, most cameras require you to do nothing more than point and click. But assuming that taking good pictures is as easy as pointing and clicking is as silly as assuming that running a successful business is as simple as deciding what you will sell and selling it! Any business that needs pictures for print ads, billboards, business cards, their website, or anything else would be wise to hire a professional photographer instead of trying to take the pictures themselves.

Choosing a professional photographer can be a bit tricky, as you want someone good without paying an arm and a leg. In order to make sure you are spending your money well, one important thing to do is to make sure you hire someone who has worked successfully with other businesses. It is one thing for a photographer to be good at composing and taking pictures, but it is something altogether different for them to be an expert in a particular area. The best thing to do in order to find a photographer who will be able to take great pictures for you is to ask around. Pay attention when you look at print ads and billboards for other local businesses; when something catches your eye, remember it. If you call and ask most businesses who they used for pictures in a particular ad, most of them will be more than happy to help.

It is also important for you to make sure you have a solid idea of exactly what you want to do with the pictures. After all, you can hire the best photographer in the world, but if their idea of how the pictures should look is different from yours, you will not be happy! By formulating a plan that you can give to the photographer, you can then allow them to take over within the parameters you gave them.

Most of us know that it is important to know how to delegate in order to be successful in business, but it is easy to forget that this does not just mean delegating to employees. It also includes knowing when and how to delegate responsibilities to those outside of your business.

Saturday, May 02, 2015

Providing Good Customer Service


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When you have a business, one of the most important things in order for you to achieve success will be for you to treat your customers well; after all, customers have plenty of choices when it comes to who they will give their time and money to, and if you are not careful, it will be easy for you to fall out of favor with them - but while it is quite easy to understand exactly why good customer service is important, it can be much more difficult at times to know exactly what you should aim to do in order to provide good customer service.

When a customer visits you in your store (or even when they call you - or even when they visit your website!), you will hope for them to make a purchase, but you will also want to make sure that you do not harass them in your efforts to nudge them in this direction; learn to help your customers as much as they need, but to do so in such a way that they do not feel that you are "pushing" them to buy.

Making it easy for people to make returns and exchanges is another big part of having success in business (even though this might seem counterproductive on the surface!); customers will often end up with the wrong product through no fault of their own, or will end up with a product that is defective, and when you are able to build a reputation with customers of being a place that works with them when this happens, they will be far more likely to turn your way when it is time to shop.

And the biggest thing of all for customer service is that you always give your customers a place they will want to come back to, which often entails treating them with respect and always making them feel welcome each time they step into your store.

As you go through all the things you will do in order to achieve success with your business, make sure you keep customer service in mind - always realizing that this is as important as anything else when you want your business to thrive.

Friday, May 01, 2015

Conducting Effective Giveaways


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Conducting giveaways is one of the best ways to start gaining extra customers for your business, as this is an excellent way to sacrifice a little bit of inventory (or time) in order to gain a lot of exposure; before you conduct a giveaway, however, you need to make sure you are going about it the right way.

One mistake a lot of businesses make when conducting a giveaway is that they give away something that is "convenient" or "easy" for them to give away, but that is not necessarily something that any of their customers want; rather than giving away an item that most customers might themselves see as a "giveaway" item, you should give away something your consumers will actually desire, as this will help the contest become a success.

A giveaway should always involve participation from your customers (and prospective customers) in some way, but this does not mean that you need to make their participation difficult or an "obstacle"; instead, you can turn their participation into something that is fun and easy, as more people will participate if this is the case.

The most important aspect of a giveaway is getting people to help spread the word, and because of the fact that people are busy with all the things going in in their own lives, it is sometime difficult to get people to take this step and help out. The best way to get people to help you spread the word about the contest far and wide is to incentivize the "spread the word" aspect; one way to incentivize this aspect is by having a separate giveaway that each customer is entered into when they spread the word about the first giveaway on such social media sites as Twitter and facebook.

You will be able to draw scores of new customers you way when you run a contest in this manner, and the only money you will need to spend on this form of advertising is the loss of a small amount of your inventory or time - which is a tradeoff that is definitely well worth it!

Thursday, April 30, 2015

How and Internet Business Can Help You Make Money


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Ever since the internet was introduced it was seen as a great avenue to make money. Over the years many internet domains have risen and fallen from the pinnacle of money making online. Some of them have stood the test of time like yahoo and aol. Making money online consistently and over the long haul must be done by initially learning from the sites that have already experienced it. Reading a book which lays out the maps that other companies have used to be successful online is a great way to learn.

Internet Riches The Simple Money-Making Secrets of Online Millionaires is a book that was written by Scott Fox. This book goes over the avenues used by many of the most successful online millionaires. He starts with the idea of an instant online business. Investing money up front is not something that is required when you start one of these businesses. You can thrive with this business on the internet and avoid putting up capital on your end.

He then moves into ways in which you can simply and cheaply market this business online. In order to get the name of your business out for free there are many different techniques that are available. Advertising space on your site can be offered to another site so that you can also post ads on theirs. You can do other less traditional methods of marketing too like online forums of blogs that pertain to your products or services.

Scott explores the different areas of the internet that he believes will explode going forward. He thinks a great opportunity is being provided by the readily available internet provided by mobile devices. The internet is accessed with ease on net books as well as most mobile phones that are sold today. Tablet computers are another avenue where a business can take advantage of mobile internet. This is the method that most will use to go online in the coming years and it should be exploited.

Wednesday, April 29, 2015

Is A Business Degree The Most Valuable Degree For Me?


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If you will be heading off to your first semester of college this upcoming fall - or if you are already in college and are trying to decide what you want to major in - one of the degrees that will probably stand out to you as a 'good, solid choice' is a business degree. After all, 'business' covers so many areas, and even if you do not know what you want to do after college, a business degree has a pretty good ahnce of helping you get there - right?

Actually, it turns out that a business degree might not be as useful as it used to be - and here is why.

Over the years, Business has grown into the major that students tend to choose when they do not quite know what they would like to do after school, and in addition to there already being lots of people interested in business, this creates a situation where large numbers of students are in every single class. Because each professor is likely teaching a handful of classes throughout the week - and because all of these classes have a large number of students - these professors are unlikely to hand out any "writing" assignments that are terribly difficult; which has been proven lately to be a mistake, as companies are looking to hire employees who know how to write!

If you are truly interested in business, a business degree can still be a valuable thing to have - but you should seriously consider pairing your business degree with a degree in another area of study that will require you to do a lot of writing in order to obtain a degree. Even though such majors as English, History, or Philosophy have long been seen as degrees that do not have much practical application in "the real world," the starting income for those who have such degrees is actually higher these days than for those with business degrees - so as you choose your major, you should keep this fact in mind!

Tuesday, April 28, 2015

Dealing With Frustration At Work


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When it comes to being productive and successful at work, one of the most important things will be understanding how to deal with frustration at work; after all, it is far more difficult to be productive and successful when you are stuck dealing with frustrations! Of course, frustrations at work take your mind away from work, creating a sort of dam that prevents you from getting as much done as you should, which is part of the reason why these frustrations can be so detrimental to your productivity - and if you want to be able to continue being productive when these obstacles occur, you will need to know the steps to take!

There are two types of frustrations you will encounter at work: those frustrations that come as a result of things that are in your control, and those frustrations that come as a result of things that are out of your control; the first step to dealing with frustrations at work is identifying what sort of frustration it is.

If you are dealing with a frustration at work that has come your way as a result of something you have control over (either partially or fully), you need to take some time to figure out what you can do differently; you might not be able to solve the frustration completely just be changing what you are doing, but doing what you can will certainly make you feel a whole lot better.

As for frustrations that come your way as a result of things that you do not have any control over, these are a bit more difficult; such a frustration requires you to practice (and become adept at) "simply letting go" - simply realizing you can do nothing about an issue, and recognizing that you will only exacerbate your frustration by worrying.

Once you have gotten into the habit of breaking your frustrations at work into these two categories, and once you begin to react to each category accordingly, you will be well on your way to no longer being bothered by the frustrations you face at work.

Thursday, April 16, 2015

Exploring SEO: Long-Tail Versus Short-Tail

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One thing that will be important when you are working on search engine optimization for your website is that you pay attention to all the little things that have to do with your keywords; of course, there are a lot of elements that go into the keywords you use - and into what will be positive and negative for your site - but one area especially worth paying attention to is that of "long-tail" and "short-tail" keywords.

Short-tail keywords are the keywords that websites target the most often, as these are the (often shorter) more common keywords that lots of people search each month; while "lots of searches" is certainly a good thing, one thing you should also realize is that - because of the fact that more sites use short-tail keywords - you will face more competition when you try to focus on a short-tail keyword on your site.

Long-tail keywords, on the other hand are the (often longer) more specific keywords - the ones that focus on one aspect of a product or niche, rather than focusing on the niche as a whole - and while these keywords are not searched as often each month, they also do not face as much competition.

When you weigh these factors, the question becomes whether you should focus on long-tail keywords on your site or on short-tail keywords - but the answer has some layers to it!

When it comes to short-tail keywords, the great thing is that you will bring huge amounts of traffic your way if you are able to get your site to the top page of search engine rankings, but in order to get your page there, you will need a lot of hard work and patience, whereas long-tail keywords will give you a much better chance of ranking highly, and you can even combine a number of long-tail keywords and generate just as many searches; if you have a "test" website you are willing to have patience with and experiment with, go with a short-tail keyword, but if you need results more quickly, realize that focusing on long-tail keywords can be a great approach!

Wednesday, April 15, 2015

Nailing A Job Presentation

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When you are having to do a presentation at your job, this can be both a frightening and exhilarating experience; the “frightening” part usually comes when you are doing all the preparation for the presentation itself – and if you prepare for the presentation properly, the “exhilarating” part will come after you have given a knockout presentation! Although each job is certainly different – and although each job presentation is certainly unique unto itself – there are a few things that you can keep in mind for any job presentation, as keeping these things in mind will consistently point you in the right direction for success.

When you are looking to nail  job presentation, one of the most important angles (and incredibly, one of the things many people neglect) is preparing your presentation well in advance; make sure you start on your presentation early enough that you are leaving room for errors or unexpected circumstances, as this will help you ensure that you are able to do the best job on it possible.

Although it might seem strange to stand in front of a mirror and “give a job presentation” to an empty room, practicing in such a manner will go a long way in ensuring that the presentation goes well when you are giving it to a room full of important people, so after you have finished preparing the presentation, make sure you are also increasing your chances of success by practicing until you feel perfectly comfortable.

And not only will you want to prepare the presentation in advance and practice in the days leading up to the presentation, you will also want to prepare for giving the presentation on the actual day of the presentation itself. The best way to prepare is to make sure that you are fully rested, and that you have done whatever works for you to calm yourself down and make yourself feel relaxed before you go into the presentation room – and then you will be fully ready to wow everyone in the room with a tremendous presentation!

Tuesday, April 14, 2015

Tips For Meeting Your Sales Quota For The Year

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It can be difficult at times to work in sales, as you will not only have to do a good job selling your product to customers, but there is also a good chance you will be under pressure to reach certain performance quotas for your company - as far as how much (and how quickly, and how efficiently, and even how profitably!) you are selling; of course, sales quotas are simply part of working in sales, but if you are wanting to eliminate some of the stress of working in sales and trying to reach your quotas, here are a few tips to keep in mind.

First of all, you should try to always think of your quota as something that is supposed to be hit in half the time of what is actually supposed to be hit; for instance, if you are supposed to reach a certain sales goal in a year, you should make it your goal to try and reach that sales goal in six months instead, as doing this will set higher goals for you than simply what the company is giving you, and even though you may end up falling short of these personal goals you have set, they are likely to still help you reach the quota assigned by the company long before the set date!

A lot of people end up getting overwhelmed when it comes to sales because they look at the big picture of the sales numbers they are supposed to hit, which can seem like an insurmountable task, but a better way to look at the sales numbers you are trying to hit is on a day-to-day basis; this does not even mean that you should assign yourself a certain number of sales you should try to hit each day, as anyone who has ever worked in sales knows that your sales will fluctuate from each day, but it simply means you should narrow your focus to "taking care of what you can take care of each day."

And lastly, you should realize that you are likely to get ahead of schedule when you incorporate these two approaches into your sales work, and as you get ahead of schedule, it will be easy for complacency to set in. Protect yourself against complacency by always expanding your goals, pushing yourself to accomplish more and more in sales than you were aiming to accomplish before!

Monday, April 13, 2015

Customer Loyalty: The Backbone of Any Successful Business

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Anyone that has ever owned a business can attest that customer loyalty is the back bone of it. There are many other benefits that are essential to a thriving business that can emerge from high customer loyalty. The question becomes how do you increase customer loyalty? Customer loyalty isn't built out of one practice, but rather a multitude of them that can help increase it. A book that includes details on many of the facets of customer loyalty and how to employ them has been released by the Harvard Business Review.

Making sure your customers are coming back and bringing new customers with them is the main ideas behind customer loyalty. The idea itself is rather easy to understand but executing it is another story. To start on the path towards this kind of success make sure that your employees enjoy their jobs. Spreading their happiness to your customer will be much easier if your employees are happy at work. This will result in all of your customers feeling that your business is a great place to buy from.

Making sure that any negative situation that a customer initiates is turned positive is the next important step. Your happy employees will need to be trained in this skill, but should be willing to learn. Deepening a relationship is something that can be done easily when a customer brings a problem to you. Start with the idea of never saying no to a customer, make sure that they know you are making an exception just for them, and then exceed their expectations for a solution. Not only will this type of interaction will result in loyal customers, but also customers who refer.

Extensive research has been done by the Harvard Business Review and they have discovered certain steps that business owners can use to improve loyalty of their customers. The book goes into much more detail on the subject, much further than the ideas briefly listed above. Many of their suggestions are based on customer service, but customer loyalty is rooted in other arenas as well. All the topics concerning customer loyalty are reviewed to help you build a well rounded plan.