Archive for June, 2011

A little help from my friends

Earlier today we continued on the tradition of Micro Business Tip Thursday (more info here) in conjunction with our Facebook fan page where we ask the community to answer a question that pertains to other micro businesses. Today’s question was:

What is the first piece of marketing a business should do?

After reviewing the dozens of entries, we selected this tip from Eliza Arias:

I think when you’re starting a business, it’s important to reach out personally to people you know–like family, friends, acquaintances–by visiting them or calling them to let them know about your new business. In my experience, you get people’s attention more when there’s personal contact.

If you want to see all of the entries from this week, click here.

When you launched your business did you leverage family and friends to help generate buzz?

Be sure to tune into our Facebook page next Thursday to have your Micro Business tip featured on this blog.

How To: Drive Referrals

Loyalty programs are everywhere.  You can get points, coupons, miles, dollars, credits and perks at nearly every major company across the country.  Because there are so many and the cards and keychains are so difficult to keep track of, there are iPhone applications designed to keep the numbers and bar codes all in one spot.  All are designed to keep customers loyal and spending, but also to refer others to the program to take advantage.  Many times, referrals are the lifeblood of a business.

But as we’ve mentioned in the past, one of the most important drivers of revenue for micro businesses are referrals, or word of mouth marketing.  The good news is referrals are something that you can drive and reward your customers for giving.  I heard a tremendous example of this the other day.  A local accountant had a couple that he had been doing taxes for for a few years.  The couple had referred him to another couple that was looking for a local accountant and didn’t want to go through an H&R Block.  The accountant gave the referring couple 20% off the price of their taxes, and the second couple 10% off for acting on the referral.  It’s very likely that because of the accountant’s gesture, both clients will be back next year.

What is also important is that the accountant now has two couples motivated to refer others, knowing that they will get a 20% discount off their own taxes next year.  While this might not be considered a “formal” referral program, the implication is clear; if you’re willing to refer me to others, it will directly benefit you as a customer.  Any micro business can use similar tactics, but even make it more “official” by touting it on your website and in your marketing materials.  For example, if you’re following up with an email campaign with a special offer, include a specific call out to your “referral bonus” for existing and new clients.  Even if someone isn’t willing to purchase at the moment, they will be more likely to pass your business along to others knowing they will receive a benefit down the line.

And knowing that someone is a referral is simple.  All you have to do is check your customer database (assuming you don’t remember the  customer) and confirm that they exist.  But beyond rewarding the customers that take the time to pass you along to others, take it a step further and personally thank them if you can.  Send them a handwritten note or a separate email to let them know you appreciate it.  It’ll go a long way in generating more.

The point is you don’t have to have special cards, keychains, logins or point systems to get referrals to your business.  Sometimes it’s as simple as a business card being passed or someone holding onto a brochure they got from you. Referrals are the oldest and more effective way to build your business, so you should be working creatively to foster them.

How do you drive referrals to your business? Is it something that you focus on specifically? Share your comments below.

Promoting Your Micro Business around Independence Day

Like many folks, you’re probably looking forward to the upcoming Independence Day holiday as a chance to relax with family and friends. For many micro business owners though, this holiday can be a great time to gain some brand recognition through a variety of unique events (parades, public gatherings, etc.) that are going on in the community. Having an entire community in one spot can be a great way to help maximize your efforts, no matter how minimal they may seem.

As with all holidays though, we must remind you that the holidays can be a difficult time to reach consumers as they are focused with other activities. You don’t want to act so aggressive with your marketing efforts that you are turning off potential consumers to your offerings. It’s important you manage your expectations for marketing around Independence Day.

With that said, here are a couple ways you can help promote your micro business over the Fourth of July holiday:

Take advantage of town events – Chances are there is a parade, festival or other local event happening in your town or a neighboring town to celebrate Independence Day (just check your local paper for upcoming events). While these events can be filled with fun activities for your family to enjoy, they can also provide a great atmosphere for building brand awareness for your business and networking a few potential leads. If there is an option to set-up a booth during an event, this may be a good way to promote your products or service. There may also be sponsorship opportunities associated with a parade or festival that can help build awareness. No matter the case, make sure you are wearing your company T-shirt and hat (if applicable) and keep plenty of business cards on you, as you never know when a potential customer may turn up. In a nutshell, just being present and opportunistic can help you land a customer or two without being seen as aggressive.

Handouts – Building off the town events idea, think about different handout items you can attach your business information to and pass out to crowds as an act of goodwill. Many companies have attached a small sticker with their company name, website and contact information to items such as candy, popsicles and bottled water and hand them out within crowds. You may find the more refreshing options such as popsicles or water more receptive during the hot July days.

Host a party/get together – Leading up to Independence Day, perhaps your micro business can host a party at your building (if you own/rent commercial space) or set-up a party at a public area like a park. A great way to help get the word out is to invite your existing customers to the event as a thank you for their patronage in 2011 thus far. Also encourage them to bring a friend to learn more about your business in a casual, relaxed atmosphere. Also offering an incentive or prize for folks to attend can help attract folks to your party. It’s important you are not too pushy and “over the top” with your sales pitch as you will likely drive folks away. Make sure you have plenty of take away items (brochures, magnets, business cards, etc.) that folks can take to help keep you top of mind.

There are just a few ways you can help grow your business over the summer holiday season. How do you plan on marketing this Independence Day? Please take a minute to share your success (and not so successful) Independence Day marketing stories with us!

Loyalty Isn’t Easy, But It’s Worth It

Customer loyalty is something that everyone talks about.  Big companies try to foster it with programs and cards, cash back, points and better deals.  People join “rewards programs” in droves.  But there’s one thing that big companies will never truly be able to do; build a relationship with you personally.  And the reason is they’re too big and too disconnected from the individual customer.  As a micro business, being close to your customers is a major advantage.

When I was living in Waltham, MA there were at least a dozen pizza shops within a five mile radius. I had my pick of all kinds and types, but one night I called a local one down the street.  When I went in, the owner was working the oven; my pizza was still being cooked.  Rather than watch a TV or doing something else, the owner struck up a conversation with me while I waited.  He explained how long he had been in business, which family members were working for him and asked where I lived, how I liked the town.  When my pizza was done I paid and walked out.  The pizza was good, but the owner was what stuck with me.  I wanted to give him my business and support him and his family.  He was working at 8 p.m. on a Wednesday night and had been there all day.  He cared about his shop and his product.  That resonated with me.  As a result,  I can honestly say that in two years I never went to another pizza place.

Loyalty is an easy thing to talk about, but it’s difficult to build.  But there’s a lesson in the pizza owner’s story.  Because he was willing to engage with me, let me into his world and talk to me as if I were a friend and not a customer, he never had to worry about me straying from his shop.  He treated me well and I never forgot that.  More than likely, he was jsut being himself.  But whether he realized it or not, he was great at building relationships.

Because micro businesses have a small group of customers (typically less than 40), you should be great at it too.   Building a relationship means being involved, asking how someone is  doing and what they have going on in their lives, even sharing your own stories. Personal connections are  a two way street, you can’t always expect someone else to do all the work.  If you’re a business you can let customers know you’re genuinely interested in them and want to do what you can to help.

But as a marketer, you can build personal connections with your customers through your marketing efforts.  You are probably wondering how that is possible.  The answer is simple:  share what’s going on in your business life.  Have you ever thought about sending out a monthly newsletter to talk about what’s been going on in your business, how things have been progressing and what you have coming up?  Do you think your customers know that you’re a family owned business?  Did you just announce a new employee or add something to your location? That’s something you can include.  A newsletter doesn’t have to be salesy, it can just have some interesting content about you and your business. If you make it real, more people will connect with you and ultimately be more loyal to you.  They will also be more willing to refer you to others, funneling more business to you knowing that you’re truly invested in doing right by your customers.

Social media makes it easier for you to connect with your customers, because they are all congregated in one area and you can talk to them directly.  But that’s not to say you can’t connect with customers if you don’t use social media. Newsletters via email or direct mail, surveys and even offers with postcards for a specific few loyal customers can show that you care, show that you’re interested in them and most importantly, you’re still open for business.

If you do it well, you might have a customer for life or like the pizza shop in Waltham, one that comes in every other week for two years straight.

How do you foster loyalty? Do you work to build relationships with customers? What has worked and what hasn’t?

Micro Business Roundup

Happy Friday everyone! We hope you had a nice week. The weather continues to vary here in Massachusetts as we creep closer to Independence Day (be on the lookout for a special holiday post next week). In between meetings and projects we were able to identify five articles from the past week that we felt would be of use to your micro business. We hope you find something fun and exciting to do this weekend and please enjoy this week’s edition of the Micro Business

How Do You Engage Your Customers? As many micro business owners know, engaging with your customer base is one of the most important aspects of making your business a success. It’s one aspect of your business that, with hard work and dedication, can put you ahead of your competitors who may have more resources. So how do you get better?  This New York Times article takes a look at one company that uniquely engages its customers and how you can incorporate some of their ideas into your micro business.

77 Percent of Small Business Owners Love What They Do: Do You? Do you love your micro business and what you are doing? According to recent survey results we put out, and featured on SmallBizTrends.com, more than three of every four of you do. But the author takes that stat and offers some important reminders about loving your entrepreneurial spirit. We were drawn to the point that “Just because you love it doesn’t mean it’s not hard work.” Those who are parents can relate with this way of thinking.

10 FREE Sites to Help You Improve Your Writing No matter what type of micro business you are involved with, you probably notice you do a lot more writing then you may have expected. Business plans, marketing collateral and legal items are just a few items you need strong writing skills for. For those who struggle with writing, or are simply to looking to improve, check out this round-up of sites from Bukiki.com to help you improve. As a helpful reminder, it’s always a good idea to have someone else read over your writing whenever possible.

Giving good interview, or how to get a reporter to eat from your hand Has your micro business been interviewed by the local newspaper or television station? It certainly can be a nerve racking experience as you want try to balance getting your company message out while not sounding over promotional, or say something stupid. To help get you prepared for your next time (or first time), check out this post from CrowdSpring.com on how to control and give a good interview. While we like all the tips offered, we highly recommend staying in control and focused while being interviewed.

Customer Service has to be a Culture – No matter how small or large your business may be, customer service is the lifeline that helps keep your business running. Without it companies are destined to fail no matter how strong the products are services may be. This fifteen minute podcast from TECAclub.com chats about the three R’s of customer service: Repeat referrals and requests. How do you show strong customer service?

Image — Chron.com

Website “must-haves” for a small business

Earlier today we continued on the tradition of Micro Business Tip Thursday (more info here) in conjunction with our Facebook fan page (you are a fan right?) where we ask the community to answer a question that pertains to other micro businesses. Today’s question was: What is a “must have” feature for any small or micro business website?

After reading through all of the entries we decided on this great tip from Pearl Dworkin:

Testimonials page from real customers with pics, links to press, articles about your business, Facebook, Twitter, blog links, email newsletter sign up!!

Looking at her site, you can see that Pearl not only has a great idea, but also puts it into practice on her site. Click here to take a look at her tip in action and if you are in the San Francisco area and are looking for a skincare professional you might want to look her up.

If you want to see all of the entries from this week, click here.

Do you include these things on your site?

Be sure to tune into our Facebook page next Thursday to have your Micro Business tip featured on this blog.

 

Small Business Tips From the Pros

A few months back Vistaprint went to the SXSW conference, where some of the best minds gather to talk about social media, business and everything in between.  During the trip we decided to ask some of the people we met with to share one tip for business owners just starting out, something they could hold onto and take to heart as they launched their ventures.

We got some tips from small business experts like Jeff Cutler, Anita Campbell and Laura Fitton.  You can take a look through the below presentation to see what they shared, and please add your own “one tip” to the comment section below.  We’d love to hear what tips helped you the most or advice you’ve gotten that stuck with you through good and bad times.

Micro Business Roundup

Bruins warmupsThis was a busy week for the Micro Business Perspectives editorial team wrapping up year-end reviews, watching the Stanley Cup Finals (congratulations to the home town Bruins) and dealing with less-than June-like weather. Despite that, we had a productive week and are ending with a short day at our desks to attend the company’s summer BBQ. How was your week? Hopefully your weather was better than ours in Massachusetts. We compiled the five best articles of the week to hopefully assist you managing your business better for this week’s edition of the Micro Business Roundup. Please let us know if we missed any in the comments below and have a great weekend!

Finding a Niche in Aquariums for the Rich – This story about a New York entrepreneur is a great case study for micro business owners to read. While his clientele may not be the target audience of every business, it demonstrates the value mixing passion with some business savvy and luck. It also shows that no matter the niche, there are customers for every business.

Small-Business Regulation Bill Gets (and Loses) a Vote – This article from the New York Times is worth reading to keep abreast with the legislation on regulating small business from Capitol Hill.

How to grow a business with little cash – Times are tough and for many of us scraping up cash is something that many tend to struggle with. This post offers four good tips for businesses looking to grow on a bootstrapped budget.

How to Attract and Retain Customers – John Jantsch recently gave a presentation at a conference run by American Express on growing and keeping a thriving customer base. This post is a best-of list from him that businesses of all sizes can learn from.

To Buy Or Not To Buy? That Is The Question – While many people will start a business from scratch, others will look to buy an established business to make their transition to business ownership a little bit easier. This post from Steve Strauss offers five things to consider if you are looking at purchasing an existing business.

Image - Dan4th

Business Card Must Haves

Earlier today we continued on the tradition of Micro Business Tip Thursday (more info here) in conjunction with our Facebook fan page (you are a fan right?) where we ask the community to answer a question that pertains to other micro businesses. Today’s question was: What is the most important thing to include on a business card?

We received a lot of great entries and had to select a pair of answers that worked in perfect harmony from Molly Mahon and Shawn Jenkins-Hinton for this week’s post.

I make sure i include my picture, a recipe and a coupon code to use on all future purchases on my website :-) – Mahon

I think a picture says a thousand words… words that you can’t put on the card. But I like to see a phone number, memorable website address, [emphasis on MEMORABLE!], and phone number. And most importantly a card that’s not too busy to understand. Just because the space is there you don’t have to fill every inch of it. Sometimes less is more! – Jenkins-Hinton

If you want to see all of the great entries from this week here.

What is on your business card? Be sure to tune into our Facebook page next Thursday to have your Micro Business tip featured on this blog.

 

How To: List Your Site on Major Search Engines

There is no question that having a website is vital for your business, but that is just the first step in getting your company truly visible online. The second part of the equation is to get your website in front of the major search engines like Google, Bing and Yahoo!.

While there are hundreds of search engines out there, the previously mentioned three search engines are the most popular. Getting your site listed on them is simple and free; all you have to do is click on the links below and enter your site’s details into their form fields.

Please note that even though you have registered your site with the search engines, it may still take a couple of months to show up on specific searches for keywords. This is because it takes the search engines time to index your website, so please be patient.

If you are looking to get listed on a niche search engine for your industry, you may want to type Getting my URL on [Search Engine Name] on their site or one of the major three search engines. This should give you relevant results on how to list your site with them.

If you are strapped for time, but want to get your site listed on hundreds of search engines, there are many companies that offer the service for a fee. For example, Vistaprint currently offers a local search product.

Have you registered your site with the search engines, or have you paid a vendor to complete this for you?