All posts tagged micro business ideas

Tips Thursday: Seasonal Demand in Small Business

Since we celebrated Memorial Day on Monday and kicked off summer, the team started discussing how micro businesses experience seasonal demand and how they account for it. For this edition of Micro Business Tips Thursday, we asked our Facebook community if their business relied on seasonal demand. Our favorite response came from Roger Taylor.

Roger says, “Some of our business is seasonal, we cater to the hikers and campers in the spring and summer, in the fall we cater to the hunters. We have been able to bring in more products for year round sale, however, everything we hand make for the most part is spring, summer, and fall. This has forced us to diversify our products for the late fall and winter months. So far it has been successful.”

What do YOU think? Do you diversify your products based on seasonal demand? Tell us in the comments section.

Global Entrepreneurship Week: Taking your Micro Business Global

Happy Global Entrepreneurship Week (GLE) all! For those who may not know what the GLE is or what it is all about, this week is the world’s largest celebration of the innovators and job creators, who launch startups that bring their ideas to life while driving economic growth. The goal of this week is to inspire people all over the world to explore their potential as entrepreneurs. Activities are created to connect participants to potential collaborators, mentors and even investors. Now in its third year, GLE was launched by former UK Prime Minister Gordon Brown and Carl Schramm, the president and CEO of the Ewing Marion Kauffman Foundation. The celebratory week has grown to 115 countries with nearly 24,000 partner organizations planning more than 37,000 activities that directly engage more than 7 million people.

GLE got us thinking about how great it is to be an entrepreneur in this day in age. To think that your micro business, likely started in your home, can reach to the corners of Earth via technology, specifically speaking, the internet. A well crafted business website set-up correctly with Search Engine Optimization (SEO) and strategic marketing push behind it can potentially reach not only those in your surrounding town or state, but across the globe!

If your micro business has a product that can be shipped, here are a few tips and tools to help maximize your website capabilities to help reach a wider audience:

  • PayPal – If you’re a micro business who sells their products online already, you are likely familiar with the popular online payment tool PayPal. Given PayPal is most widely used platform for online payments, we’ll showcase them. PayPal’s website touts a network of more than 190 countries and regions with multiple currencies that can give your micro business a flexible way to receive payments from customers from afar. Here is some more information about PayPal’s worldwide reach.
  • Website Translator – While English is considered by many to be the third largest language by number of native speakers, there are still two larger groups: Mandarin Chinese and Spanish. Given your website is likely geared towards English speaking customers; you are missing two larger groups of potential customers in the global economy (among other sizeable groups after English). While there are tools out there that will allow you to create buttons to easily translate your website, these can be expensive. A more cost-effective (free) method would be adding a Google Translate Tool to your website.
  • Shipping Your Product – Getting products to the customers in the United States in a timely fashion while keeping costs affordable is always a priority of a micro business owner. Shipping internationally is no different, but additional hurdles to jump over can make logistics tough. Luckily different shipping carriers have set-up special portals for small businesses to help make the process easier. Sites that offer small business options include United Postal Service, FedEx, and the United States Postal Service among others.

Have you thought about taking your small, micro business to a global level? Would you be excited to take your business to this level or would you be happy keeping your business at the level it’s currently at?

Never too Small to Make an Impression

Since 2005, Vistaprint employee Dan Barrett (front row, third from left) and his family have been hosting a Halloween haunted house in Newton, Massachusetts.  Using spooky props and a dozen volunteer “monsters” (graduate students and postdocs from his wife’s lab, the Interdisciplinary Affective Science Laboratory at Northeastern University), they turn their old stone basement into a haunted cavern for kids. Last year they raised $2500 in two and a half hours and donated the entire sum to the Greater Boston Food Bank.

To publicize the event, the Barretts ordered 1000 postcard-sized invitations; several hundred went to the nearest elementary school where, with the principal’s permission, they were distributed to all students. The rest were placed in local shops (again, with permission from the shop owners).

In addition, the Barretts solicited businesses in their neighborhood to sponsor the event in various ways.  A local pizzeria provided free food for the volunteers after the event. A local bakery whipped up some Halloween-themed cookies to be sold (for charity) at the event. And several other businesses simply donated cash for the Food Bank. To encourage donations, Barrett created a three-fold brochure at Vistaprint that described the haunted house and its mission and history.

Finally, the Barretts ordered several large banners and lawn signs, to place outside their house to advertise the event for a week.

Now in their seventh year of spooking kids, the Barretts are hoping for their biggest turnout yet in 2011!

Has your micro business or family organized a fun activity to raise money for a charitable organization? We’d love to hear about it! 

Pros and Cons of QR Codes for your Micro Business

In this week’s edition of Micro Business Tips Thursday, we wanted to find out how popular QR (short for “Quick Response”) codes were among the micro business community. To help get some answers, we asked our Facebook community the following question:  How have you effectively used QR codes in your marketing? If you haven’t used QR codes, why haven’t you?

We received some great feedback that really told us a lot about QR code use and where it stands as of today. After looking through the variety of answers, we chose to highlight these two answers as they showcase the positives and negatives of QR codes: 

“I think QR codes are great. It makes it easy for a customer to go right to our company website, to get instant information about a product, or directly to a site to buy our product. With a QR code, a simply scan, and the customer is gets to you instantly! Otherwise, they would have to type in a url, etc…QR codes are GREAT!!” ~ Dee Watson Keywood ~

“I think QR codes are like 8-Tracks. Some people find them trendy, but I don’t think they have staying power. I find them irritating to use, so I don’t use them in marketing pieces. I’d rather type in a URL than open an app, scan a code, wait for something to load, etc. The codes are novel but I don’t find them more effective than giving out a simple URL, which can also be committed to memory.” ~ Jessica Leeburg ~

To see the rest of the feedback, click here.

Has your small business used a Quick Response code to help drive traffic to your company website? Or do you feel it’s not an effective way to reach your customers with information? We’ve love to hear your feedback in the comment section below!

Be sure to tune into our Facebook page next week for your chance to be featured on this blog.

Micro Business Success the Second Time Around

In this week’s edition of Micro Business Tips Thursday, we wanted to find out what serial entrepreneurs can learn from past failures. To help get some answers, we asked our Facebook community the following question: What is your one piece of advice for someone who has failed as a small/micro business and is looking to start a new business venture?”

As expected, we received a lot of great feedback including the obvious answer of learning from past experiences. However, we were drawn to this answer from Azelia Tummelson:

“What you did not succeed at in the past may not have been meant to be for you, and it’s possible that the opportunity you have now may be what you will succeed at now. If at first you don’t succeed, try try again.”

To see the rest of the feedback, click here.

Have you failed in a small business venture only to learn from your experience the second (or third, or fourth) time around? We’ve love to hear your feedback in the comment section below!

Be sure to tune into our Facebook page next week for your chance to be featured on this blog.

Micro Business Roundup

Hello everyone and happy Friday! In this week’s edition of the Micro Business Roundup, we’ve compiled five great articles on small and micro business that you may have missed this week. Topics range from finding customers BEFORE your micro business launches to a compilation of interesting quotes from some of the world’s best marketing minds. Please be sure to let us know if there are any articles that we may have missed in the comments below. Please have a safe and relaxing weekend!

Finding Customers Ahead of a Startup Launch — When setting up your micro business, there is a whirlwind of activities to be done. Write the business plan, figure out your financing, creating a marketing plan and many other important tasks. For many entrepreneurs, creating a pipeline of potential customers can be difficult without a product or service to show them upfront. In this recent Entrepreneur article, the author takes a look at a start-up tech company that’s success relied on lining up customers prior to launch. The piece offers a few helpful pieces of advice that you could adapt to your micro business start-up plans.

How 4 Companies Used Yelp to Woo Customers — Does your company monitor what is being said about you on the popular review site Yelp.com? If you are not, you should be. And if you are, are you curious about how you could be utilizing the site better to retain (and possibly gain) customers? This OpenForum.com post features four small businesses stories about how they utilized Yelp.com to provide jaw-dropping customer satisfaction. Does your micro business have a similar story to tell? Please feel free to share it with us in the comments section below.

What Satisfying Picky Customers Can Mean to Business — Has your micro business dealt with a hard to please customer? If you haven’t, chance are you will at some point during your company’s life cycle. No matter the size of the business, everyone is going to have a fussy customer or two (and possibly many more). This New York Times post discusses how you handle this small niche of your customer base (possibly 5% or so) can say a lot about how your business will operate.

5 Mistakes Businesses Make When Going Green — Going green just seems like the right thing to do, right? No one is ever going to look at your business and judge you negatively for doing your part. Surprisingly though, mistakes can be made when going green. In an attempt to help you identify what mistakes are commonly made, SmallBizTrends.com put together this top five list of going green mistakes that are made most often. Are you making any of these mistakes? Are you surprised to learn it was a mistake?

101 Marketing Quotes From the Best – Not really a small business tip post to pass along, but we came across this interesting compulation of quotes from some of the best marketers of all time. As you have time, look through the different quotes and let us know which ones really stick out to you. We came across far to many that we enjoyed to mention here!

 

Image: HowToLaunchAStartUp.com

What’s Been Working Lately to Drive New Customers?

drive-traffic

In this week’s edition of Micro Business Tips Thursday, we asked the Vistaprint Facebook community about recent marketing tactics. While the summer months can be difficult for marketing and driving new business, the show must go on, right? So to find out what has been successful this summer, we posed the following question: What is the most effective thing you have done to drive new customers over the past month?

We again received a ton of great answers, but there was one that stuck out to us above the rest. So thank you to Carolyn Lemons Larson of Bennett Larson Photography for your response:

I like to send out thank you notes to people who have shown us even the slightest favors, especially in business (such as receptionists with whom we have spoken – trying to get to the decision makers, etc). And it seems like every time I stay on top of the thank you notes, and send out a batch of them, then suddenly more business starts coming our way… even from people who haven’t received a thank you note yet! I get a little lax about the thank you notes sometimes, but I sent out a batch of them at the beginning of this month, after skipping several months, and now new business is flowing our way. Also, we started setting daily sales goals starting this month, and we are reaching them. I think it has to do with having an attitude of gratitude, as they say. Not to mention our fine website and other great products we recently started buying from Vistaprint! Thanks so much for all your great products and services!

To see all of this week’s entries, please visit the post on our Facebook wall.

To continue the discussion, what have you done to attract new customers to your business in the past month? We’d love to hear in the comments below in the comment section.

Be sure to tune into our Facebook page next week for your chance to be featured on this blog.

How’d You Come Up with Your Micro Business Name?

When you began brainstorming the creation of your very own micro business, how did you decide on a company name? Did you find the process fun, or was it a tedious task of the business start-up process? Creating a business name may come easy for some (it may be the first business decision you make), but it can be natural to struggle with creating an original company name that helps you standout. In some cases, a poorly thought out business name can derail a well-built business plan.

So how do you go about creating a company name that not only helps identify your micro business, but also helps set-it apart. When getting started with the naming process, you’ll want to review the groundwork of your business which includes your mission statement, business plan and your selling proposition. If you’re going into business with others, a brainstorming session may be helpful so you can have several suggestions to choose from. Even if you’re creating a sole proprietorship, don’t be afraid to collaborate with friends and families.

A few tips you’ll want to keep in mind are keeping your business name short, simple, and easy for your customers to write and remember. A few things you’ll want to avoid are using “plain words” that can make it difficult to distinguish your company from a competitor. The use of plain words can also pigeonhole you in the eyes of your customers. For example if you name your company “Johnny’s Graphic Designs” but you provide a wider variety of services, your business name could hurt you.

Another important note is to not get too caught up with creativity via misspelled words. While it may work for some companies, often times it can cripple some of your marketing efforts. A good rule of thumb holds that unless you have a business with a store front where customers can see your creative spelling, you’re better off with a more traditional approach.

Before you officially make a decision on your business name, you’ll want to run these background checks to insure your business name is feasible both legally and logistically:

  • Trademark – Search the federal database of the U.S. Patent and Trademark Office, Trademark Electronic Search System.
  • Existing Website – Given the importance of having an online presence via a company website, you should perform a search for a domain name (GoDaddy.com is a simple search tool). If your business name is not available as a domain, you may need to use an abbreviation, hyphens, or an alternate domain (such as .net or .biz). Another option is to move down your list of possibilities to the next business name you had brainstormed.
  • Search Engines – Run a variety of searches with Google and other popular search engines with your chosen business name to insure there isn’t another company already using your name.

While it’s not uncommon for businesses to change their name (Google was originally named “BackRub”), you’ll want to make sure you are satisfied with your company name and not say “if I’m not happy with it in six months, I’ll just change it.” Building brand awareness, both on and offline, takes time and effort and sticking with your company name can help get you achieve your goals quicker.

We’d love to hear your micro business company names and how you arrived at it. What thought process did you put into it, if any?

Micro Business Roundup

Happy Friday all! We hope you had a great week and that you are staying cool as much of the country deals with record temperatures, power outages and other issues. Even with the hectic week, we wanted to take a minute to thank all of you who have taken a moment to vote for us for a Small Business Influencer award from Small Business Trends. If you haven’t voted for us yet, and would like to, feel free to CLICK HERE or on the button to the left (and if you have voted already, you are allowed to go vote again!). With that said, here is this week’s edition of the Micro Business Roundup. Have a wonderful weekend and please be sure to find something cool and refreshing to enjoy. Cheers!

Break through the Online Noise with ‘Likes’ Like many other micro business owners, chances are you have established a Facebook page for your business. As you’ve built out to your page you are probably looking into different avenues to obtain ‘likes’ to your page, which may include trading likes with other local businesses. This Entrepreneur.com article takes a look at how reciprocal liking can help generate loyalty towards your micro business in just a few steps. Our favorite line of the article was “They (potential customers) expect relationships first, and purchases second.” We could not agree more.

Blogging For The Online Entrepreneur Do you utilize blogging as part of your online presence? As you may have read before, blogs can be a great resource for your micro business to showcase its expertise and show existing and potential customers your industry knowledge. This SmallBizTrends.com article rounds up a few articles about the latest information in entrepreneurial blogging. We’d be interested to hear what area you were drawn to learn more from.

Small business program misses the mark You may recall the talk of the Small Business Job Act from last year that included Congress setting aside $30 billion for the Small Business Lending Fund? Well it appears that program has not been as successful as the government had hoped. This CNNMoney.com article gives the full run down on how the program was laid out and where it may have gone wrong. If you had been following this piece of governmental news, what are your thoughts? Were you optimistic about the program helping small business, or did you see flaws?

Fundamentals Of Online Advertising It’s no secret that online advertising has become an essential piece of any micro businesses marketing mix. The days of simply placing advertising in the local newspaper has become more complex with targeted ad buying online to specific demographics. This recent OpenForum.com article can help lay out the fundamentals for you if you are still unsure on where to get started. We’re strong believers in the “evaluate and test” piece of the article, as that motto is prevalent in our every day work here at Vistaprint and our “test before invest” culture.

10 Ways to Beat Online Obscurity With over 150 million different blogs on the Internet, it is pretty easy to get lost among the seas and seas of “noise.” So how does your tiny micro business blog cut through the noise and reach anyone, let alone a group of folks who would be interested in your product or service? It is a good question, and the folks at CopyBlogger.com put together this list of ten ways to help you beat online murkiness. What methods are you utilizing now? What ideas are new to you that you may look to incorporate?

 

Image: Trade Newswire

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?