Tag Archive for Marketing / Business

Branding Tips

Have you decided to work on clarifying your business brand, but aren’t sure where to start? The following suggestions will help you establish your business concept visually.

Use color. Color is the most important part of establishing your brand. You might not have considered color to be all that important, but it is. Marketing specialists attribute about 50% of people’s responses to your marketing materials to your use of color.

Different colors trigger different emotional responses. You’ll notice restaurants often advertise (and paint interiors of their establishments) in reds, golds, and yellows because these are the colors that stimulate our appetities. If you use green in your marketing materials, you’ll come across as eco-friendly or fresh, and as calming if you use blues. Once you identify what emotional reaction you’re seeking to induce, you’ll be able to choose your colors more wisely.

Colors are also associated with specific products and well-established brands. For example, everyone knows pink is symbolic of breast cancer awareness. Blues are dominated by the banking industry. Everyone knows the golden arches belong to McDonalds. What colors will represent your business best?

Create a unique image or logo. What brand best suits your business tone: current or conservative? Get exposure to a variety of images and logos so you can get a good feel for what will best brand your business.

When choosing an image or mascot, you have to take into consideration what tone you are trying to inspire. Do you want to promote a silly tone – like that portrayed by the Rabbit on Trix cereal ads? Or are you out to convey a serious, reliable tone?

If you aren’t artistically inclined, hire a graphic designer or marketing specialist. You can get good logos inexpensively by using art students or freelance marketing specialists. Take your time to ensure you choose a logo that really promotes your brand.

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Permission Marketing and Its Methods

Marketing is in the middle of a drastic movement of change. Audiences of consumers no longer want to be marketed through interruptions in their different forms of entertainment. These old methods are still being used, like magazine ads or commercials on the tv, but they aren’t the best ways to advertise any longer. Defenses for this type of advertisement are being developed by consumers. They are able to effectively avoid advertisements once they know that they are being sold.

A more efficient process is now in place even though it takes longer to accomplish. Getting permission to advertise to someone is now the best way for you to do the marketing. Many different methods can be used to accomplish this. You can offer a valuable coupon for an item that interests them or directly discount this item straight up. By dealing with you in any of these ways the customer will in return spend valuable time with you. At this point you will be on the way to developing a relationship with them.

The time of a customer is extremely valuable and their permission to occupy it is gold to a business. The use of the internet is the best way to do this. There will be many costs involved for those offering surveys for items or coupons. You would need envelopes, stamps, and physical copies of the coupons. The internet allows you to eliminate many of these costly supplies so you can offer them your product easily.

People pay attention to what you are trying to sell them if you market in this way according to statistics. They also will take a longer period of time to pay attention. This marketing is no different than any other kind in terms of its transparency. But the main aspect that differentiates it is that the consumer is ok with it since they are getting something. They know that even though they may not want to buy what you are selling, they will still be getting something they want in return for their time.

How To Run A Company From Your Home

If you have ever dreamed of working from home, and of owning your own small business, the internet makes this a serious possibility. But for every person who succeeds in running a business out of their home, hundreds of others fail trying to do the exact same thing! Here are a few things for you to keep in mind as you get started if you want to run a small business out of your own home.

1) What: The first step to running a successful business from your home is asking yourself what you will sell or provide, as this will help you gain your identity. A lot of people make the mistake of trying to do too much at the beginning. A better approach is to start out in a specialized area, making sure you do a great job selling or providing one thing; as you become more successful, you can begin to expand. Another big benefit of knowing exactly what it is that you plan to provide or sell is that your customers will come to know exactly what it is that you provide or sell.

2) Where: People often overlook this one, as the internet makes them feel like they can do business anywhere and everywhere! But remember that there are restrictions on what you can do as one person running a business, and depending on what you are selling or providing, there are restrictions on how far you can stretch yourself. Gain a concrete understanding of where you hope to operate starting out, and this will help you get your traction.

3) How: How is “make or break” item, as lots of people fall short by having no clue how they will operate. They might have a great product and a great idea, but if they do not know how their operation will be run, they will fail. You need to make sure you know these two “How”s even before you get started: A) How will I get the word out there, and B) How will my operation be run?

Running a business out of your home can be a dream come true; but in order for this dream to come true, you have to make sure you know the What, Where, and How!

Five Ways to Improve Your Website

It’s not enough just to have a website anymore; instead you’ve got to make your wesbite stand out from the rest. Follow these tips to improve your website.

Make ample use of color. Color draws attention and makes you stand out from other sites. Read up on color association, and then use those chosen colors to communicate your brand. Do whatever it takes to shine instead of bore your visitors.

Take the time to ensure your website is user-friendly and simple to navigate. Your viewer should always be able to get back to the homepage from any page. Make your contact and location available on each page.

Use visual effects to your advantage. Include photographs of your business, your products, your services, and any other enticing visuals you can come up with. Make sure you choose attractive models and use high quality photos (you may even wish to hire a professional photographer and photo stylist to make sure the job is done right.) You can even use photos as backdrops on pages, if done carefully so as to not obscure the writing. Make sure your website pops with visuals on every page.

Give website visitors a reason to explore your site. Provide value by supplying helpful articles, unique information, entertaining blog posts, beautiful pictures, or something interesting that might make a person refer your site to another.

Use SEO best practices and use articles–both on your site and on other sites, pointing to your site – to maximize traffic. By strategically embedding keywords in the text of the articles or blog posts, you can increase the chances of your website popping up on a search engines. Post on forums and article base sites and provide back-links to your website.

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Getting A Small Business Loan

These days, many people are thinking about starting up a small business of their own – either because of layoffs, because of the difficulty in getting a job in the current job market, or simply because of a dream someone has to work for their own self – but before you can start a small business of your own, you will need a small business loan! When you know what you are doing, it is not difficult to procure a small business loan – but of course, you must first know what you are doing!

Writing a detailed business plan is the first major step in getting a loan to start your small business. With this business plan, you should project at least the first three years of your proposed business, and it should be as detailed as possible – including your startup expenses and your projected month-by-month profits over that span of time.

Most people automatically assume they should visit a national bank in order to get their small business loan, but it can actually be more difficult these days to get a loan from a national bank because of the recession. You might actually be better off these days setting up a meeting with the manager of a local bank - in this way, you can make a connection with someone who is high up in the local business hierarchy and can have a better chance of procuring a loan, all at the same time.

Finally, you will have to do your monthly debt-to-income ratio for the bank, and you will have to give them a record of your last three income tax returns. After this, the bank will do a credit check on you, and then – if all goes well – they will be able to give you that small business loan you need so badly! Once you have this loan, you will be able to start your business, and then the fun parts of running your own business can begin at last!

How To Stand Out At Your Job

More than likely, you have heard it said – at least once before in your life – “It’s not what you know, but who you know.” In the world of business, this is actually quite true. But when it comes right down to it in business, it is even less about “who you know,” and is more about “who knows you.” Maybe you have been wondering lately why you are not getting the raises and promotions you feel you have earned; well, it might just be because the right people do not “know” you. In order for the right people to start to take notice, you need to learn how to stand out at your job.

Standing out at your job is more than just drawing attention to yourself. After all, you will not be doing much to help you toward that raise or promotion if all the attention you are drawing to yourself is negative attention. You need to figure out how to draw positive attention to yourself instead.

By silently doing more than what is expected of you, you will be doing one of the biggest things possible for drawing positive attention your way. By doing more than what is expected of you, people will take notice. And when you are doing it silently, just going about your business and not calling for people to notice, people will not just take notice, but they will take positive notice! If you are working on a project team, make it your goal to do more work than anyone else. When you turn in a report to your boss that he requested, the report should go much further than he could ever have expected.

You can also draw positive attention to yourself by always being at work early, and by always staying late. This might seem like it will make a big dent in your life, but even by consistently showing up fifteen minutes early and staying fifteen minutes late, you will ensure that people take notice. Furthermore, if you examine a “typical day” closely, you will probably find at least thirty wasted minutes hidden in there somewhere! You can draw positive attention your way just by cutting out these thirty wasted minutes and using them for work.

It is not difficult to get ahead in the business world. Do good work – that is all you have to do; good work, and in such a way that the attention it draws your way is positive attention.

Studying In Order To Advance In Business

Many people go through their whole careers thinking that the only way to get a promotion is to “know the right people,” or to “just get lucky.” While there is a small sliver of luck when it comes to advancing in business, however, most people give this sliver far more credit than it deserves! The mistake many people make in business actually has nothing to do with luck; it is simply a misstep of failing to be prepared to take advantage of (or to even recognize!) their opportunity when it arises. If you are a small business owner, an employee at a large corporation, or even a manager who is hoping to move up higher in the ranks, you must come to understand the value of studying to advance in business.

Understanding what your competitors are doing is the best way for you to study if you are a small business owner. This does not just mean that you should understand what they are doing wrong, either; take a good look at your strongest competitor and figure out what they do right!

If you are an employee in a large corporation, it can often feel as though it is impossible to ever get noticed. With so many employees who are just like you in so many ways, it can seem absolutely random whether an employee’s hard work gets rewarded or not. This is the easiest position in which one can forget to keep studying, as it seems like all the study is yielding no dividends. But remember: In time, your opportunity will come, as the law of averages dictates this; if you continue to work hard and advance in knowledge and expertise, you will be prepared to seize your opportunity when it comes along.

For a manager, it is very easy to sit back and forget that there is still more to achieve. But as a manager, it is important that you not only continue to study to open up doors for advancement, but that you also study in order to enlighten those in your charge!

Take thirty minutes each day to study a bit more about your business and the business around you, and you will be pleased with the growth of your knowledge and with your ability to seize your opportunity.

Ideas on Creating Strong Customer Loyalty

Anyone that has ever owned a business can attest that customer loyalty is the back bone of it. Customer loyalty leads into many other benefits that are essential for a business to thrive. The question becomes how do you increase customer loyalty? There isn’t one answer, but rather a combination of different methods that can help build customer loyalty. 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.

Customers that come back to buy again and also bring their friends with them to buy is the main idea behind the customer loyalty plan. The idea itself is rather easy to understand but executing it is another story. The first place where you can make improvements that will effect customer loyalty is to make sure you employees are happy. Spreading their happiness to your customer will be much easier if your employees are happy at work. Your customers will then get the feeling that something good is happening at your business.

Turning negative situations that arise into positive ones is another step to take. Training in this skill will be needed by your employees, but since they are happy they should learn quickly. There is tremendous opportunity to deepen a relationship when a customer has a problem. Start by exceeding the customer’s expectations for a solution, never say no to them right away, and make sure that they know an exception is being made specifically for them. Customers who emerge from this situation satisfied will refer in addition to remaining loyal.

The Harvard Business Review has done extensive research and has found that there are certain steps that can be taken to increase customer loyalty. The book goes into much more detail on the subject, much further than the ideas briefly listed above. Customer service is the focus of many aspects of customer loyalty, but the book points out others located in different arenas. You are able to come up with a comprehensive customer loyalty plan by reviewing all these topics.

Can My Business Continue Thriving Without Social Media?

These days, it seems like there is no one who is not using such sites as facebook and Twitter and YouTube, as social media is truly all the rage. But while some people see social media as an interesting fad, other people see social media as a vital part of the future of business. And so, the question of whether businessmen and a business can continue to thrive if they do not use social media becomes immensely relevant and important.

In order to answer this question, the first thing you need to understand is that – undoubtedly – social media can benefit a business. After all, “viral” videos can be seen by millions of viewers within weeks, and “tweets” have the ability to spread like fire. And as for facebook, it seems like there is hardly anyone in the country (or even around the world) who is not plugged into facebook.

Of course, if you never learn to use social media in an effective manner, these sites will not help out your business very much at all. This is why it is important for any businessman to take the time to learn how to use social media in an effective manner.

And when it comes to answering the question of whether a business has the ability to survive if it does not use social media well, the honest answer is: no one knows. Many prognosticators feel strongly that social media is not going anywhere – that it is not a fad at all, but is primed to stick around for a long time. And of course, your business will be left behind if this turns out to be the case, and if you are not plugged into social media.

Success With Social Media Online!

But the fact still stands that social media is extremely popular right now – even if it does not end up sticking around for the long run. And you can do a lot to expand and further the success of your business by using social media in this present climate! While no one can say for certain whether social media is here to stay, it is nevertheless hugely beneficial for you and your business to be plugged in right now, as it can help your business a lot!

Is Dilbert Bad For My Employees’ Morale?

We all are familiar with Dilbert cartoons, and even as a boss you probably think that a lot of the cartoons are pretty darn funny. After all, these cartoons are not making fun of you, right? But then again, it is easy to second-guess this sentiment when you start to see Dilbert cartoons tacked up on the cubicle walls of your employees. Even though it might seem silly or paranoid to consider that Dilbert has any effect on morale, it is also difficult to push from your mind those articles you read that, you know, said that Dilbert actually does have a negative impact on employee morale. And so you are forced to ask the question for yourself: Are Dilbert cartoons bad for the morale of your employees?

One consideration to keep at the forefront of this discussion is the fact that humor, of course, is good for morale. Certainly, the fact that these strips caused your employees to laugh is a positive sign.

But the issue, of course, is the fact that most of these laughs are induced by taking jabs at corporate culture. And when you see a cartoon tacked on an employee’s cubicle wall wherein the boss is made fun of, it is difficult to keep yourself from wondering why they chose to post this particular strip. But the solution to the problem might be more complicated than just banning these comic strips. After all, this would likely do nothing more than further the sometimes rampant view among employees in corporate America that the hierarchy is out of touch.

Instead of reacting brashly and ordering all Dilbert strips to be taken down from cubicle walls, a better approach is to look at the strips yourself. As the root of the humor in many of these strips is the jokes made about the way corporate culture is run, there is a chance – considering that your employees deemed the strips appropriate enough to be tacked up in their cubicle – that the problem has nothing to do with the comic strip itself. The problem might be with the way your company itself is run!

While this discussion might seem somewhat trivial on the surface, it is important to note that many companies actually have banned Dilbert from cubicle walls. Every boss wants to improve morale around the office, but instead of banning humor and hoping it will do anything but alienate employees, you should aim to improve employee morale by improving all the ways in which your business itself is run!