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Friday Small Business Roundup: Retail Tips and More

August 30th, 2013 ::

Got a retail store? Read Karen Axelton’s How Do Local Customers Find Your Business? to get tips on driving more foot traffic.

Got a retail website? Don’t miss Rieva Lesonsky’s post 6 Secrets to Decreasing Shopping Cart Abandonment.

Then check out our infographic to help you get ready for Holiday Retail 2013.

The Hottest New Market for Your Restaurant? It’s Not Who You Think. Learn more in Karen Axelton’s post.

Learn from the experts in Monika Jansen’s post 12 Valuable Marketing Lessons from 4 TED Talks.

Friday Small Business Roundup: Email Marketing and More

July 12th, 2013 ::

Is your email marketing getting the results you want? Read Monika Jansen’s Top 7 Takeaways From the 2013 Email Marketing Metrics Benchmarks Study to learn how to pump up your ROI.

Wildfires, hurricanes, earthquakes…Most Small Businesses Aren’t Prepared for Disaster. Is Yours? Read Karen Axelton’s post to get ready.

Does your business slow down in summer? Check out Rieva Lesonsky’s post 5 Ways to Make Downtime Productive Time and get the most from your slow season.

If you’re feeling frazzled by all your mobile devices, check out Rieva Lesonsky’s post, Can Unplugging Make You More Productive?

A picture is worth 1,000 words. Make your blog posts, social media efforts and all your marketing outreach work better with the tips in 6 Effective Ways to Improve Your Visual Marketing, by Monika Jansen.

If you’re running a business without health insurance, you could be putting more than your health at risk. Read Maria Valdez Haubrich’s Could Ignorance About Health Insurance Cost You Your Business? to find out more.

Make sure you’re marketing to customers and prospects the right way. Read Rieva Lesonsky’s How Tablets Are Changing Online Behavior to learn what consumers want now.

Did you know writing a book can be a great marketing tool? Read Monika Jansen’s post How to Self-Publish and Market a Book to learn more.

Friday Small Business Roundup: Marketing With Google + and More

June 28th, 2013 ::

Are You Giving Online Shoppers the Customer Service Essentials They Expect? Read Rieva Lesonsky’s post to find out.

Are you making the most of Google+? Read Monika Jansen’s 5 Steps for a Successful Google+ Hangout.

How Can Home-Related Businesses Market to Millennials? Discover how this generation is different from any other in Karen Axelton’s post.

Trying to reach new B2B customers? Don’t miss Maria Valdez Haubrich’s post How Content Marketing Helps Make the B2B Sale.

Speaking of new customers, did you know This Hidden College Market Could Be a Gold Mine? Read Rieva Lesonsky’s post to find out what you could be missing out on.

Struggling to make your B2B marketing compelling? Read Monika Jansen’s 3 Examples of Engaging B2B Infographics From Non-Visual Companies.

You’re always trying to get new customers–but what about the ones you already have? Read Rieva Lesonsky’s post Customer Service Tips to Keep Your Most Valuable Customers Happy to keep them coming back.

Become a brand customers love! Read Monika Jansen’s 9 Great Tips on Creating Lovable Marketing From Industry Experts.

 

Friday Small Business Roundup: The Secrets of Happy Customers and More

June 21st, 2013 ::

Want to Improve Your Customer Service? Do a Customer Survey. It’s easy–Rieva Lesonsky shows you how.

Want your marketing to go viral? Monika Jansen’s post How to Combine Viral Content to Really Turbocharge Your Marketing will help.

Maria Valdez Haubrich has some surprising news: The Greener Your Business, the Greener Your Sales, a new survey says.

Keep your customers happy. Read Rieva Lesonsky’s 5 Steps to Using Twitter as a Customer Service Tool.

Make sure your marketing efforts fit your target market’s technology. Read Karen Axelton’s Who’s Using Smartphones and What Does It Mean to Your Business?

Are You Driving Customers Away With These Common Customer Service Mistakes? Rieva Lesonsky’s post tells you how to avoid the errors and keep customers coming back.

Your PR efforts finally landed publicity! Now how to ace the interview with that reporter or blogger? Read Monika Jansen’s 6 Tips for Giving a Great Interview to find out.

Have to interview someone? Check out Monika Jansen’s 5 Basic Tips for Conducting a Great Interview to handle it like a pro.

Friday Small Business Roundup: Customer Service and More

June 14th, 2013 ::

What Are Consumers Spending on This Summer—and How Can You Get Your Share? Read Karen Axelton’s post to find out.

Is a Talent Shortage Hurting Your Customer Service? Find out why small business owners still struggle to fill jobs in Rieva Lesonsky’s post.

Are you scrimping on new technology? It could be hurting your business. Read Maria Valdez Haubrich’s post How Does Your Small Business’s IT Spending Measure Up? to learn whether you’re getting left behind.

Dan Zarrella’s new book has valuable lessons for small business owners. Get the scoop in Monika Jansen’s series, Top Takeaways From the Science of Marketing, Part 1, and Top Takeaways From the Science of Marketing, Part 2.

Is your customer service up to par? Find out if you’ve got The 4 Factors in Great Customer Service.

People Are Talking—About Your Customer Service, That Is. To make sure they’re saying nice things, read  Rieva Lesonsky’s advice.

Want to learn something new? Read Monika Jansen’s post 6 Easy Ways to Improve Your Graphic Design Skills.

Showrooming, Meet Webrooming

May 6th, 2013 ::

By Rieva Lesonsky

What do customers want from their retail experiences today? Well, if your business includes both an ecommerce site and a physical location, then you’re one step ahead of the game. A new study from Accenture found what customers want most is the ability to shop anytime, any way and anywhere they want to—so the more options you can offer, the better.

Some 89 percent of consumers in The Accenture Seamless Retail Study say it’s important for retailers to let them shop for products however is most convenient for them. But retailers still have a way to go to accomplish this goal. While 94 percent say shopping in-store is easy, and 74 percent say online shopping is easy, just 26 percent say it’s easy to shop on a mobile phone.

While online shopping is growing, and 43 percent of respondents say they plan to shop more online in the future, it’s not necessarily growing at the expense of in-store shopping. In fact, although 73 percent of shoppers engage in showrooming (examining products in a retail store and then buying them online), a whopping 88 percent participate in “webrooming”—looking at products online and then heading to a physical store to make the purchase.

Regardless of their original shopping touchpoint – in-store, online or mobile – consumers expect their interaction with retailers to be a customized, uncomplicated and instantaneous experience, according to the survey. The research also indicates that consistency weighs heavily on the consumer experience. For example, 73 percent of consumers expect a retailer’s online pricing to be the same as its in-store pricing, and 61 percent expect a retailer’s online promotions to be the same as its in-store promotions.

The biggest takeaway from the survey: Consumers expect the same pricing, promotions and products in your physical store and your ecommerce site. They also expect the same level of service and ease of use in both places.

How important is speed to online and offline shoppers? Well, that depends:

  • 25 percent would wait up to 2 weeks to get the product if it means they get free shipping.
  • 24 percent say a same-day delivery option is important.
  • Of those, 30 percent will pay $5 to $10, and 19 percent will pay $11 to $20, for same-day delivery.

Asked what they would do if a store had a product they wanted but it was after business hours, 39 percent would wait for the store to open and buy it there; 36 percent would buy it online from the same retailer; and 22 percent would buy it elsewhere online.

What type of advertising influences retail shoppers? Physical and email coupons and offers ranked number-one, cited by 56 percent of respondents. Almost half (49 percent) were influenced by in-store offers. The least effective ads were online popup or banner ads, with 69 and 62 percent respectively saying these ads “never” influence what they buy.

What’s the lesson from this research? Far from being a drain on an ecommerce business, a physical store is still a “crucial asset” in differentiating your business from purely online retailers, the report contends. If you have both online and physical locations, the key is to make sure your brand and your shopping experience are consistent at every stage of the purchase process, and every place the customer might encounter it.

Image by Flickr user lululemon athletica (Creative Commons)

 

 

Web.com Small Business Tip of the Day: Why You Need a Privacy Policy

April 30th, 2013 ::

If you collect any kind of information about your customers online, you need a privacy policy. A privacy policy lets customers know exactly what information is tracked and tabulated and how it will be used. According to the U.S. Federal Trade Commission’s Fair Information Practice Principles, you must meet the principles of privacy protection by providing the following information in your policy: 1) Who is collecting the data; 2) The uses to which the data will be put; 3) Recipients of the data; 4) A description of what and how the data is collected; 5) Whether the requested data is voluntary or required, and what if the user refuses to comply; and 6) What steps are being taken to ensure the confidentiality, integrity and quality of the data.

Web.com Small Business Tip of the Day: Plan for Disaster

April 25th, 2013 ::

With the tragedy of the Boston Marathon still fresh in everyone’s minds, it revives memories of other recent disasters that have misplaced citizens, families and businesses of all sizes. Even if your business is not located in a disaster-prone area, you never know what else could happen that would interrupt the normal operations of your company. Plan ahead by making sure your critical business information is backed up and stored offsite, diversify your suppliers in case something happens to their business and obtain business interruption insurance. Most important: Make a plan with employees to set up a chain of communication to make sure everyone is accounted for so you can let worried family members and coworkers know.

8 Signs It’s Time to Fire a Client

April 23rd, 2013 ::

Buh-byeIn a recent blog post, I wrote about how to turn difficult clients into customer success stories. Sometimes, though, despite your best efforts, it is just not working.

Here are 8 signs it’s time to fire a client:

1 – Your client undoes all of your work

Have you ever delivered a project to a client, only to have them dismantle it piece by piece and then rearrange it so that it makes no sense? For me, this is a sign that they don’t recognize or appreciate your expertise and have decided that they are the true expert. If that’s the case, well, good luck to them!

2 – Your client is never available

If your client is very slow to respond to emails and voicemails – or doesn’t even bother to respond – and is constantly cancelling and rescheduling meetings, then the project you are working on is not a priority for them.

3 – Your client withholds information

At the beginning of your project, you told your client what resources and information you need from them in order to do your job and meet their goals. If they withhold that information, it might be literally impossible for you to complete the project.

4 – Your client does stuff behind your back

This is always a fun one to deal with: clients who hire another consultant without telling you, shift strategies, or ignore your recommendations (for a graphics firm, manufacturer, etc.) and go with someone else instead (who turns out to be, oh, not very good).

5 – Your client asks you do something unethical

Thankfully, I have never had a client ask me to do this, but I did work for a company in which the CEO asked a colleague to do a whole list of unethical things. Going to jail for someone else’s hubris is not a good idea.

6 – Your client doesn’t pay

I just got paid for a small project 8 months after the work was complete. This client had the audacity to brush it off and then ask me to work on another project with him. Um, no.

A corollary to this is if a client balks at the price and tries to negotiate it down or push it back. You might never get paid (this happened to me on a big project).

7 – Your client constantly changes scope of work

Changing the scope of a project happens often, and it is usually not a big deal. What is a big deal is when the client expects you to do more work for free.

8 – Your client is never satisfied

Some people are literally impossible to please. Maybe they ask for one tweak after another, thus dragging out the project. Maybe they take one look at what you did and say they hate it – and refuse to pay. The stress of trying to please a negative Nelly is just not worth it. Save your sanity, and say good-bye.

Have you ever fired a client? Why?

Image courtesy of zainjoyce.com

No Same-Day Delivery? No Big Deal, Shoppers Say

March 29th, 2013 ::

By Rieva Lesonsky

Are you stressing because you know big retailers are increasingly offering same-day delivery, and your small ecommerce site can’t afford to do so? If you’re worried that same-day delivery is a game-changer that will make or break your business, you can breathe a sigh of relief. A new study by the Boston Consulting Group found that customers don’t actually care that much about same-day delivery, despite the emphasis that big ecommerce sites and retailers like Amazon.com and Wal-Mart may put on this service.

The BCG study found that consumers care much more about low prices and free shipping than they do about same-day delivery. Only 9 percent of consumers polled say same-day delivery would improve their online shopping experience. In contrast, 74 percent say free shipping would and 50 percent say lower prices would.

The study notes that lots of dotcom companies touted same-day delivery in the first dotcom boom in the 1990s-2000s, and that the service didn’t prove popular enough to keep those companies afloat.

There is one niche market that could be willing to spend on same-day delivery. Affluent, urban Millennials with incomes of $150,000 or more have shown greater than average interest in this service. If that’s your target market, you may want to consider this option.

However, even so, keep in mind this advice that BCG offers for making same-day delivery work without breaking the bank:

  • Charge additional fees for same-day delivery. The average respondent in the survey was willing to pay $6 for this service; affluent Millennials were willing to pay up to $10.
  • Limit same-day delivery offerings. It’s best to offer same-day shipping only for smaller, lightweight products, like electronics, office supplies or apparel, that can be quickly packed and don’t cost a lot to ship.
  • Focus on high-margin items. Products where you’re making a higher profit make more sense for same-day delivery.
  • Consider your location. If your customers are primarily in upscale, urban areas where delivery is common, such as New York City or Boston, it may make sense to test same-day delivery. If you’re in a rural or suburban area, however, it’s likely not going to be cost-effective.

Keep an eye on what happens with same-day delivery so you don’t get caught behind the eight-ball if the concept takes off—but also keep in mind that currently, BCG found that only 2 percent of online purchases are delivered the same day, meaning demand for this service is far from widespread.

Image by Flickr user Lachlan Hardy (Creative Commons)