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Posted: 2/17/2012

Is a Need to Please Hurting Your Business?

 

When it comes to business, there’s a thin line between “people pleasing” and good customer service. And these days, in crowded and competitive markets, anything less than a customer-obsessed strategy (as coined by Forrester Research) simply won’t do.

That drive to wow customers, clients, bosses, and colleagues can set you apart from the rest. But can a relentless need to please actually be hurting your business and career?

It’s not an easy question, but let’s start with something simple: pizza. Think about it. When a group orders pizza, what role do you play in the process? Do you voice your topping preferences or sit back and think to yourself, “No problem, I can just take off those olives….” Do you give your opinion equal weight or do you politely defer to the group?

If you’re wondering what the group dynamics surrounding a pizza order have to do with running your business, consider the following scenarios:

Do you feel in charge of your business or are your clients running the show?

Do you ever take on troublesome clients even though your intuition is warning you of all the red flags ahead?

Do you let your colleagues encroach on your time, even if you’re stressed by a tight deadline?

Do you ever take on the grunt work or the least favorite task, rather than delegating it?

Do you ever hesitate calling a prospective client or other network connection because you don’t want to bother anyone?

Any of these scenarios signal a ‘need to please.’ And people with this tendency often overextend themselves in the workplace and bend over backwards for others. But it’s hard to achieve your own goals when you’re constantly focused on trying to make everyone else in the room happy.

 


Let’s consider the underlying feelings behind the action. Is stress or generosity motivating your behavior? For example, imagine a valued client asks for some small pro bono work for his or her spouse’s non-profit organization. If you agree to help out, but are silently harboring negative feelings, chances are you were just trying to please. But if you feel a sense of accomplishment and purpose about the work, it was probably an act of kindness.

 

Understanding the stress/generosity distinction is key, as people pleasing is generally less about pleasing and more about fending off the rejection and disappointment of others.

By that token, you need to realize that people pleasing isn’t necessarily the same thing as being nice. Niceness and kindness are wonderful traits, and ones that we need more of in the world and business today. However, it is possible to be nice while also expressing your own needs. Standing up for yourself doesn’t make you unkind or self-centered; it just gives you equal footing with everyone else.

The need to please is linked to lower wages and poorer negotiation skills. And while people pleasing is often discussed in the context of women in the workplace, I believe the trait affects both sexes. In addition, continually working on someone else’s terms may lead to frustration and dissatisfaction. These feelings can ultimately ripple through to relationships with customers and clients. As a consequence, always being nice can actually yield poorer customer service in the long run.

If any of the scenarios discussed above sound familiar, it’s time to break the pleasing cycle and begin working or running your business on your own terms. While truly understanding what compels you to please may be more complex than the bounds of this post, here are a couple of tips toward breaking the pattern:

  • Recognize the difference between being generous (i.e. wanting to help a customer, colleague, employee or boss) and wanting to avoid conflict and disappointing others.
  • Actively manage people’s expectations. You can still say yes to everything, but frame it in terms of what’s realistic for you whether that’s needing more time, money, or resources.
  • Be brief and meaningful when communicating (especially when delegating or responding to a request). People pleasers often need to share everything and anticipate other’s reactions when discussing plans. Staying brief exudes confidence.
  • Take baby steps. You’ve had a lifetime to perfect this behavior; don’t expect to change it overnight. Something as small as voicing your own thoughts on pizza toppings can be a very empowering and liberating experience.
  • Most importantly, still be generous and kind particularly toward customers and clients. You can’t get anywhere without being customer-obsessed these days. But be nice for the right reasons. And give your own opinions and needs equal weight as everyone else. After all, your business, your customers, and you are all worth it

 

 
 
Posted: 1/17/2012

How to Succeed Through Internet Marketing

By Adam P Wade

It is a little known fact that 97% of people who try to earn a living online will fail. This, I think, is the reason there is so much speculation and bad press about such a fantastic industry. So...

Why do so many people fail online?

There are many reasons why there are so many people out there who try internet marketing and are not successful in reaching their goals. A massive factor, I believe, is the hype that so many so called 'Internet Gurus' put around internet marketing. They paint a picture of this 'push button system' that will run itself while you sit back with your feet up and watch the coins roll in! Well I can tell you that does not happen. There is work to be done in order to build your online business and it will not happen over night. If people are given this false hope of 'no work for loads of money' then as soon as the reality hits that it's not quite that simple and they don't start to see instant results or cash flow then they will decide to quit and right off the whole industry altogether.

There are too many low cost quick start courses out there in the forms of Ebooks and manuals that claim they will reveal all the secrets and give you all you need to know in order to make it online. But how many people do you know that have learnt a new business or trade or started a new career by reading a manual or an Ebook? I know I'm yet to meet someone who has!

I know this because I myself have tried and failed with many things similar to what I have described above. So the important question is...

How do you succeed online?

The difference in the 3% that are successful is that they did not quit at the first knock back. Internet marketing is a fantastic industry that does allow people to work from home, have more free time and earn great profits but like all good things in life, you have to work for it.

You need to find a good reliable and reputable training course that can guide you step by step through the stages of building a successful online business. You'll need a mentor or someone you can contact within that course so when things go wrong or there's something you don't quite understand, you can get the answers you need. This is key as things are very likely to go wrong or get difficult at times and this is when people give up and fail, but if you have support and guidance when you need it you will continue to succeed and achieve the lifestyle and financial freedom that you are working towards.

You need to decide what you are going to be marketing and stick with it. The great thing about internet marketing is that it can provide multiple income streams, but this comes later! Don't try to run before you can walk. Too many people will jump into internet marketing and try everything at once and of course not succeed at any. Whether you have a product or service of your own to sell, a business to promote or decide to be an affiliate marketer, focus on one thing to start, follow your training carefully and stick at it until you start to see results. Once you see how one project can become so successful, then you can move on to develop multiple income streams knowing that you have succeeded once and will do again if you take the right steps and the right approach.

To summarise you need to be determined to succeed and NOT quit at the first hurdle. Find the right training, support and guidance and most importantly, stay focused.

Adam Wade is a home based Internet Marketer with a passion for helping others work from home. He currently works with a ground braking home business opportunity, take advantage of his free course explaining how you can work from home for as little as $4.95 here http://adamwadeofficial.com



Article Source: http://EzineArticles.com/6630739

 

Posted: 12/8/2011

5 Easy Ways to Stay Motivated

Face it: There are days when being an entrepreneur sucks. Here are a few simple steps to getting your mojo back.

No matter what you do for a living, the key to success is superlative performance, day after day after day. And that’s only possible if you make optimism, expectancy, and enthusiasm part of your daily experience.

That’s easy if you’re pursuing your life’s dearest dreams.  But what if, like almost everybody else in this world, you’ve got a job that’s not exactly perfect. Here’s how to remain a go-getter, even when the getting gets tough:

STEP #1: Realize That YOU Are in Control

Your attitude isn’t controlled by the outside world.  That’s an illusion, a fantasy that, if you believe it, you’re simply using to escape responsibility for managing this all-important part of your career.

For example, if you run into snowstorm that’s making you late to a customer meeting, you can get frustrated and start cursing..., or you can look forward to the appreciation that the customer might feel because you were committed enough to fight the weather to make the meeting.

Similarly, when the economy goes south, you can start obsessing about how it’s going to affect your job, or you can be one of those individuals who use tighter budgets as a way to streamline operations, develop new markets and create innovations.

It’s all in how you see it!

STEP #2: Neutralize Your Negative Triggers

Stop letting exterior events trigger negative thoughts.

For example, suppose you’re traveling to a customer meeting but keep running into red lights and traffic delays. That IS a problem, but if you get flustered, you’ve got TWO problems: the fact that you’re late, and the fact that you’re flustered.

And if you walk into the meeting flustered, the customer might wonder if you’re moody and unreliable. So now you’ve got THREE problems.

To get a better result (and achieve a better attitude), modify your interpretation of exterior events that tend to trigger a negative outlook. Once the events in your life take on a different, more useful meaning, they won’t trigger a bad attitude.

For example, while the delays may be making you late, use the extra time to collect your thoughts, consider your options, and decide on a damage control strategy. Or use the time to come up with a better schedule, so that you always leave plenty of time, just in case there’s traffic.

As a mentor of mine once said: “Life is like those signs that say ‘You Are Here’  What you make of where you are is up to you.”

STEP #3: Detoxify Your Media Consumption

Much of today’s news programming consists of “if it bleeds it leads” stories followed by commercials offering some form of (often addictive) security or comfort. The constant flow of negative imagery automatically creates a negative attitude about life, the world, and everything in it.

If you want to maintain a positive attitude, you MUST reduce or even eliminate your exposure to broadcast news programming. Rather than waste time with that garbage, add material and content into your life that will help you become more successful (like this column!) 

Start and end each day reading something positive! When you’re on the road, rather than listening to negative, emotionally-charged talk radio, listen to motivational tapes, music that raises your spirits, or maybe great literature.

STEP #4: Avoid Negative People

You probably have one or more friends, relatives, or acquaintances who make you feel tired and drained. They always seem to have something sour to say; criticisms come to their lips far more quickly than compliments.

Such folk are toxic to your attitude (and hence to your success) because, if they’re not actively tearing down your enthusiasm, they’re trying to get you to think the same way about the world as they do.  What a drag!  Literally.

If you want to maintain a positive attitude, consider sharply limiting your daily exposure to such people. Don’t show up at the daily “water cooler complain-fest.” Don’t go to lunch with the “grouse and grumble” crowd. If you’ve got family members who are constantly negative, tune them out.

STEP #5: Adopt a Positive Vocabulary

The words that you use—both what you speak aloud and your internal dialogue—have a vast influence in how you perceive what’s happening in the world. All words carry a certain amount of emotional baggage, inherent in their exact definition and the way that they’ve been used in the past.

For instance, the words “despise,” “hate,” and “dislike” mean essentially the same thing, but carry very different emotional baggage. If you “dislike” something, but tell yourself that you “hate it” over and over and over, it will intensify the original emotion.

To keep a positive attitude, use weak words for negative feelings and strong words for positive ones. This thwarts the downward spiral of negative feelings and words, and accelerates the upward spiral of positive feelings and words.

The above is based upon a conversation with one my favorite people, motivation-guru extraordinaire Jeff Keller, and is a shortened version of one of the chapters in my newly-published book How to Say It: Business to Business Selling.

 


Geoffrey James

Geoffrey James is an award-winning journalist and author of Inc.com’s Sales Source column. Previously, he wrote Sales Machine, the world's most-visited sales-oriented blog. James has written hundreds of articles on sales and marketing for publications like Technology Marketing and SellingPower, and has helped dozens of sales training and technology vendors communicate more effectively with their customers. James' newly published book (based on his most popular columns and posts) is How to Say It: Business to Business Selling. If you've got a question about selling or want to get his "insider" newsletter, visit James’ website.

Posted: 10/13/2011

pitching-media

If you’re wondering how to generate press coverage for your small business, you’ve come to the right place. Our team caught up with seasoned Public Relations professional, Mark Scott, to bring you the do’s and don’ts of pitching media. Use the PR tips below to make journalists proud to spotlight your growing business.

Top do’s and don’ts of pitching media:

Do – Read, listen to or watch the media outlets you’re looking to get into so you understand what kind of stories they cover and how they cover them. Do they do live interviews? Do they use prepared/press release copy? Do they use video footage or photos? Get to know the media outlets you want to be in and supply them the things they need. Make it easier for them to cover your story than the 100 other pitches they get each week. Reporters want to know you’re familiar with their work and their outlet and having this familiarity will help you prepare and pitch your story more efficiently.

Do — Make yourself available and keep appointments. If you get a reporter interested in your story, be flexible about when you can do the interview. Many reporters are working on five or six stories at the same time. If they’re only available to interview you between noon and 2:30 on Thursday, make yourself free then or they may just move on to another story. Once you have the interview booked, make sure you’re there in person or you’re there by the phone at the appointed time.

Do — Pay attention to what else is going on in your market or industry when you make your announcements or pitch your story. This will help you find times that are better to pitch than others. If you’re a technology company and you’re planning a major press announcement, don’t do it on the same day Apple is supposed to announce the next iPhone — every tech reporter in the world will be focused on that story, not yours. If you’re pitching a story about your company’s donation to a local charity, don’t do it on the day your city or state is having elections — all your local news resources will be focused on that story.

Do — Become a resource for reporters in your industry. Every story can’t be about you, but you can position yourself and your company as an expert resource to talk about trends in your industry. By helping reporters out with these larger trend pieces with comments, insight and expertise, those reporters will be more willing to cover your big story when the time comes.

Don’t – Hound reporters. Many people think calling and emailing reporters over and over will get them to cover your story. But being too aggressive can actually repel reporters. Know that reporters spend at least a few minutes with every pitch they get and if they’re interested, they will call you for more information. A quick follow up call a few days after you send your pitch can help, but calling day after day on the same story will just make the reporter angry. Be an ongoing resource for reporters in your space, but don’t call over and over on the same story.

Don’t — Invest in flashy press kits. Most reporters don’t have time to wade through thick, complex press kits with photos, big brochures, multiple pages, etc. to figure out what the news in there is. A simple email with a good pitch, a press release and images illustrating the products or services you’re pitching will be sufficient. If your item requires some kind of hand-on experience, follow up with a call to see if the reporter would like an in-person demo.

Let the PR tips above strengthen your pitching efforts and help you land the media attention you want.

From: http://brandmakernews.com/marketing/6928/dos-and-donts-of-pitching-media.html

Posted: 9/20/2011

The Fine Line Between Fear and Courage

I tell my kids, what is the difference between a hero and a coward? What is the difference between being yellow and being brave? No difference. Only what you do. They both feel the same. They both fear dying and getting hurt. The man who is yellow refuses to face up to what he’s got to face. The hero is more disciplined and he fights those feelings off and he does what he has to do. But they both feel the same, the hero and the coward. People who watch you judge you on what you do, not how you feel.

—Cus D’amato, legendary boxing trainer

When we meet with entrepreneurs, the two key characteristics that we look for are brilliance and courage. In my experience as CEO, I found that the most important decisions tested my courage far more than my intelligence.

The right decision is often obvious, but the pressure to make the wrong decision can be overwhelming. It starts with small things.

When founders come in to pitch our firm—one as the CEO and the other as President—the conversation often goes like this:

“Who is running the company?”
“We are,” they both say.
“Who makes the final decision?”
“We do.”
“How long do you expect to run that way?”
“Forever.”
“So you’ve decided to make it more difficult for every employee to get work done so that you don’t have to decide who is in charge, is that right?”

That usually results in silence.

Intellectually, it should be clear that it is easier for employees to go to one decision maker than two. It’s not really very complicated at all. Unfortunately, the clear and present social pressure often overwhelms the long-term benefits of organizing the company properly. Because the founders do not have the courage to decide who is in charge, every employee suffers the inconvenience of double approval.

More importantly, decisions only get scarier as a company grows. When we decided to take Loudcloud public with only $2M in revenue, it was not a hard choice intellectually—the alternative was to go bankrupt. It was nonetheless terrifying to do something that most employees, everyone in the press, and many investors thought was nuts.

When making the right choice requires intelligence and courage

Sometimes the decision itself is rather complicated which makes the courage challenge even more difficult. CEOs possess a different set of data, knowledge and perspective than anybody else in the company. Frequently, some of the employees and board members are more experienced and more intelligent than the CEO. The only reason the CEO can make a better decision is her superior knowledge.

To make matters worse, when a CEO faces a particularly difficult decision, she may have only a slight preference for one choice over another—say 54% kill a product line, 46% keep it. If the really smart people on the board and on her staff take the other side, her courage will be severely tested. How can she kill the product when she is not even sure if the she is making the right decision and everyone is against her? If she’s wrong, she will have been wrong in the face of advice from her top advisors. If she is right, will anybody even know?

Recently, a large company offered to buy one of our portfolio companies. The deal was lucrative and compelling given the portfolio company’s progress to date and revenue level. The Founder/CEO (I’ll call him Hamlet—not his real name) thought that selling did not make sense due to the giant market opportunity that he was pursuing, but still wanted to make sure that he made the best possible choice for investors and employees. Hamlet wanted to reject the offer, but only marginally. To complicate matters, most of the management team and the board thought the opposite. It did not help that the board and the management team were far more experienced than Hamlet. As a result, Hamlet spent many sleepless nights worrying about whether or not he was right. To make matters worse, he realized that it was impossible to know whether or not he was right. This did not help his sleep. In the end, Hamlet made the best and most courageous decision that he could and did not sell the company. I believe that will prove to be the defining moment of his career.

Interestingly, as soon as Hamlet made the decision, the entire board and executive team immediately embraced the choice. Why? If they wanted to sell the company enough to advise the CEO to give up his dream, how could they reverse themselves so quickly? It turns out that the most important data point driving their earlier preference for selling the company was Hamlet’s initial ambivalence—the team supported the decision they thought the CEO wanted. Hamlet did not realize this and interpreted their desire to sell to be the result of a thorough analysis. Luckily for everybody involved, he had the courage to make the right decision.

The general problem can be seen in the social credit matrix described below. The expected social rewards for making the crowd-influenced decision appear better than those for making the decision that you think is right:

  You are right You are wrong You decide against the crowd Few remember that you made the decision, but the company succeeds Everybody remembers the decision and you are down graded, ostracized or fired You decide with the crowd Everyone who advised you remembers the decision and the company succeeds You receive the minimum blame possible for getting it wrong, but the company suffers

On the surface, it appears that if the decision is a close call, it’s much safer to go with the crowd. In reality, if you fall into this trap, the crowd will influence your thinking and make a 70/30 decision seem like a 51/49 decision. This is why courage is critical.

Courage, like character, can be developed

Every fighter that ever lived had fear. A boy comes to me and tells me that he’s not afraid, if I believed him I’d say he’s a liar or there’s something wrong with him. I’d send him to a doctor to find out what the hell’s the matter with him, because this is not a normal reaction. The fighter that’s gone into the ring and hasn’t experienced fear is either a liar or a psychopath…

—Cus D’Amato

In all the difficult decisions that I made through the course of running Loudcloud and Opsware, I never once felt brave. In fact, I often felt scared to death. I never lost those feelings, but after much practice, I learned to ignore them. That learning process might also be called the courage development process.

In life, everybody faces choices between doing what’s popular, easy, and wrong vs. doing what’s lonely, difficult, and right. These decisions intensify when you run a company, because the consequences get magnified 1,000 fold. As in life, the excuses for CEO’s making the wrong choice are always plentiful.

Life excuse CEO excuse Other smart people made the same mistake It was a close call All my friends wanted to do it The team was against me and I couldn’t go against the team All the cool kids are doing it It was industry best practice; I didn’t realize it was illegal It wasn’t perfect, so I decided not to compete We never achieved total product-market fit, so we never tried to sell our product

Every time you make the hard, correct decision you become a bit more courageous and every time you make the easy, wrong decision you become a bit more cowardly. If you are CEO, these choices will lead to a courageous or cowardly company.

One last thought

Over the past 10 years, technological advances dramatically lowered the financial bar for starting a new company, but the courage bar for building a great company remains as high as it has ever been.

http://bhorowitz.com/2011/08/08/the-fine-line-between-fear-and-courage/

Posted: 1/31/2011

Is the entrepreneurial path right for you?

October 12, 2010 | Mark McClain
(Editor’s note: Mark McClain is the CEO and Founder of SailPoint. He submitted this column to VentureBeat.)

It’s often hard to choose between staying with the comfort and perceived safety of a corporate job and moving to the excitement and potential riches of the startup world. I know. I’ve been bitten by the entrepreneur bug twice.

Before you tender your resignation, allow me to play devil’s advocate for a bit. It might help you determine if you would truly be following an entrepreneurial impulse or if you’re simply bored at your current position.

Being an entrepreneur means you can determine your own destiny and experience the adrenaline rush of building something from the ground up.  There’s no better feeling than putting your heart and soul into your own company to deliver a product (or service) that you’re passionate about. But start-up life has been dramatized by the media in a way that doesn’t quite capture reality.

It’s not a life of funky office studios, foozball tables and late-night brainstorming sessions with an ample supply of pizza. Instead, it’s long work days, during which you’ll most likely be double or triple booked for meetings, followed by late-night emails and/or working through the weekends to catch up (which generally means your friends and family may start receiving logo shirts as birthday gifts and coffee mugs for the holidays). And if you’re appropriately frugal, it’s a life of second-class office space, desks from Goodwill and the opportunity for you to exercise your skills brewing coffee, making copies and taking out the trash.

Granted, that’s an extreme scenario, but it captures the essence of a startup. The life of an entrepreneur can be exhausting, chaotic and turbulent – all before your company is even launched. If you’re truly inspired by your vision, the entrepreneurial path is a labor of love and you’ll enjoy (almost) every minute of it. But just because you’re unhappy in your current job working for someone else, it doesn’t mean you should start your own company. You might just need to work for a different kind of boss.

One test every entrepreneur-in-the-making should consider is their tolerance for risk. Being an entrepreneur also means living with uncertainty. It means being outside of an established company with comforts like administrative assistants, catered meetings and big bank accounts. It means knowing you may need a credit card cash advance to meet the payroll and not letting that give you a migraine. It means potentially spending more time with your co-workers than with your family, at least some of the time. It means being responsible for not just your own livelihood, but that of every person who joins you in this venture.

Having said all that, don’t let uncertainty alone chase you away from entrepreneurship. Uncertainty is a reality when you start your own company, but staying with a large company hasn’t been much of an employment guarantee in the last decade either. The reality is that both options can be risky. You need to decide which set of risks you’re more suited to take.

So why would anyone put up with these heartburn-inducing uncertainties? Because being an entrepreneur also means you may actually build a company that becomes legendary or create a product that makes peoples’ lives better. You may have a YouTube-esque exit, or you may build a profitable business that you run for years and pass on to your children. The entrepreneurial path can be a bumpy road, but if you start your new venture for the right reasons and with realistic expectations, it will be smoother and much more enjoyable.

No matter where the entrepreneurial urge comes from, deciding to follow it is a life-changing move. When it comes time to make the final decision, the question to ask yourself has nothing to do with mismatched furniture, long hours or a fast-food diet. It’s all about that fundamental question:  Are you willing to try, realizing that you could fail, and then have the resilience to try again?  If that prospect excites you, then put pizza delivery on speed dial and get ready for a ride that might pay off or might not, but certainly will never be boring

From: http://venturebeat.com/2010/10/12/is-the-entrepreneurial-path-is-right-for-you/

Posted: 7/15/2010
Finally – Online Businesses Get Some Respect

Finally – Online Businesses Get Some Respect 

Aug 31, 2009 -

Online businesses and the Internet entrepreneurs who run them sometimes get the Rodney Dangerfield treatment – “no respect.”  Despite examples of huge commercial success, such as Google, there’s still a tendency by traditional establishment to treat them as hobby businesses, as if they are not serious.  For some, the idea of online-only businesses conjures up visions of underemployed individuals working in their underwear in their basements.

We have such a manufacturing mentality in the U.S., that unless you’re making “stuff” it’s as if your business doesn’t count in some camps.  It’s not uncommon to hear someone protest “but they don’t make anything!”

However, the majority of the U.S. economy is not manufacturing based.  According to the Bureau of Economic Analysis, in 2008 manufacturing was just 19% of GDP, while services were 68% and technology/information 3.7% (although drawing the line between technology and services sometimes is tough.)  Manufacturing is important, don’t get me wrong.  But it does not rule the roost – and hasn’t for some time.  Meaning, the majority of the economy is not engaged in building physical stuff.  Still, perceptions persist.

That’s why I found this year’s list of the Inc 500 so interesting.  A number of the businesses on that list – which honors the fastest growing businesses in the U.S. -- 
are online-only businesses according to this Inc article

The list includes businesses that sell something physical, like Cali Bamboo which sells bamboo fencing and flooring but does so entirely online.  Cali Bamboo comes in at $7.2 Million in revenues for 2008.  Pretty big “hobby.”

Or there’s
IntegraClick, which is ranked #5 on the Inc 5000 list.  IntegraClick is an online affiliate and advertising network which grew from $755,000 in revenue in 2005, to $96 Million in 2008.  Hmmm, we should all have such lucrative “hobbies.”

And how about
One Technologies, an online technology and lead-generation company that comes in at #8 on the list.  It grew from $505,000 in revenues in 2005, to $51 Million in 2008.  Nice “hobby.”

This trend toward online-only businesses will continue to evolve especially as entrepreneurs figure out new business models that allow services to be marketed, sold and delivered remotely, via the Web (since we’re such a services economy).  Of course, you still have to
have a real business model to build a business – more than just an interesting website.  But, maybe with attention being paid to the online-only businesses that grow fast, like on the Inc 5000 list, online businesses will get the respect they deserve for their contributions to the economy.

Adapted from: American Express OPEN Forum
http://www.openforum.com/idea-hub/topics/innovation/article/finally-online-businesses-get-some-respect-anita-campbell

Posted: 7/15/2010
Social Media: What is it?

Nov 30, 2009 -

This article was excerpted from OPEN Book: Social Media. Find more resources and information from OPEN at openforum.com/socialmedia.

Businesses OWNERS ARE TURNING TO SOCIAL MEDIA TO MARKET THEIR BUSINESSES AND REACH NEW CUSTOMERS. ANITA CAMPBELL DISCUSSES SOME OF THE BEST OPTIONS (DOWNLOAD THE FULL PDF)

If you’ve ever visited a blog, set up a LinkedIn profile, watched a YouTube video, left a consumer review on a site like Yelp or surfed through Facebook to reconnect with old college friends – then you’ve participated in social media. “Social media” refers to a type of website, application or communications vehicle where people connect with one another; discuss and interact; share content and ideas; and build relationships. The most important word in the phrase “social media” is “social.”

Being more social online is a growing trend in our society. According to a Pew Internet & American Life Project tracking survey in December 2008, over one-third (35 percent) of adults now have a profile on a social networking website. That number has quadrupled since 2005 (it was 8 percent then). You can see how quickly this trend is growing. And although social media started out as personal activity, businesses have caught on and are getting in on the act.

Marketing maestro Seth Godin has written about today’s “attention economy”: “In an attention economy, marketers struggle for attention, and if you don’t have it, you lose.” Let’s carry Seth’s idea one step further. One way that a small business can get attention is by becoming more “social” and engaging prospects and the public in more active ways in multiple places online – and also by sharing expertise and content freely at these sites.

This may require a change in your approach. Instead of thinking of your Web presence as consisting solely of your website, think in terms of creating satellite outposts on the Web at social media sites where your business interacts with others. In other words, you go to where your customers and prospects are. You join in communities where they are participating, or you start your own micro-communities inside larger social media sites around the Web.

Major Time Sink – or Essential 21st-Century Marketing Tool?
Whoever coined the phrase “there’s no such thing as a free lunch” could have been talking about social media marketing. All marketing costs you something, in either time or money. Social media marketing is no exception. In fact, social media marketing often costs more in time than in money. This reality has been a rude awakening for many a small business owner who was initially delighted with all the “free” marketing and PR possibilities afforded by social media.

Take the example of a blog. Setting up a blog is now considered a well-established technique to connect more closely with customers and the public, learn what your customers are thinking and share your messages in a conversational voice. A blog can be free and involve literally no out-of-pocket expense. But for your blog to be effective, you must “feed” it by adding content. Blogging takes time. It’s nearly impossible to write a substantive blog entry in under a half hour – chances are it will take you an hour or longer. Like any business activity, it’s not without its cost – in this case, time – but that time can be well spent in terms of customer engagement for your brand.

When it comes to large social venues like Twitter and Facebook, it’s frighteningly easy for you and your staff to fritter away huge amounts of time. It may be fun, even addictive. But from a business perspective, if this is done aimlessly it can be more noise than signal. At the end of the day, you may have no business results to show for it – no better brand recognition, no additional sales, no happier customers. Often this disappointment results from approaching social media without a clear strategy and plan. Social media is not a one-size-fits-all activity; it’s a rich landscape of websites, tools, applications and techniques.

You Need a Plan
Successful social media marketing for any business starts with a plan. It should be a subset of your overall marketing strategy, with very clear goals and a tactical course of action. To properly take advantage of social media, first step back and ask yourself some questions:

What are you trying to achieve?
Refer back to the overall marketing objectives you created for your business.

Are you trying to drive new customer acquisition? Brand recognition? Deepen relationships with existing customers to retain them? Cross-sell your products and services to existing customers? Just as clear goals and objectives are the foundation of your overall marketing plan, they should also drive your social media plan.

Who exactly is your target market?
Be specific. Ideally you already have a clear picture of your target market in terms of demographic requirements and other characteristics. If so, this step should be straightforward. If you aren’t sure, you’ll need to do some research to identify which social media sites and tools to focus on (start with my list on the opposite page). But think broadly, as social media can have a viral effect. People pass along links to content. This means that your message or content may be shared in one venue, yet often reach people through indirect means.

Which social media activities can help you achieve your marketing objective?
Now tie your social media tactics and activities to your marketing objectives. Do you need to find platforms to display your expertise and thought leadership? Amplify your brand by sharing your messages and content? Drive traffic to your website? Spread the word about discounts or special offers? Publicize events? Establish a dialogue with customers and the public, and create a two-way conversation? Monitor your brand at social sites? Once you identify clear goals and objectives, it becomes much easier to figure out what you need to do each day, week or month with social media. A concrete plan helps you separate the activities that are enjoyable personal diversions (or downright time wasters) from those that drive real value to your business.

Monitoring Your Social Impact
Sound overwhelming? It’s not, really. Some tools and utilities can make it much easier to manage. There are tools just to help monitor mentions of you, your products or your brand on the Web. Set up Google Alerts and Google Blog Alerts to be notified via email whenever you or your brand are discussed online. TweetBeep.com is a similar monitoring service that will send you alerts whenever you’re mentioned on Twitter.

A variety of toolbars and applications exist that make it easy to update your social presence too. For instance, Ping.fm allows you to update numerous social media sites simply by posting a message in a single place. There are even applications such as TweetLater and Adjix that allow you to schedule Twitter updates in advance. TweetDeck and Seesmic Desktop allow you to better monitor and update your Twitter account from your computer or mobile device.

New tools are being developed all the time. Try some of them out. They can make your social media activities considerably more efficient and effective.

And Finally…
Social media is a learning experience. It presents a dynamic, constantly evolving landscape. You’ll want to refine your social media approach as you get your feet wet. You and your colleagues should spend more time on the activities that bring results, and eliminate activities that haven’t panned out. Make sure that you adjust your approach as your business grows and changes, too. What may serve you well today may not be what you require next year or the year after that in your business. Whatever you do, don’t remain static. Open yourself to the possibilities of this new “social world” on the Web.

Adapted from: American Express OPEN Forum
http://www.openforum.com/idea-hub/topics/innovation/article/social-media-what-is-it-anita-campbell

Posted: 7/15/2010
Why Should I Buy From This Site?

TJ McCue

Why Should I Buy From This Site? 
Jan 12, 2010 -

Imagine that you walk into a retail store with terrific merchandise, but no price tags or cashier clerks. You would probably walk out of the store without buying a thing.

In a similar scenario, are your website visitors walking out?

Do you expect your website to help you sell products or services? You didn’t invest time and energy and passion into creating it to have it sit out there like a pretty brochure on a rack in the reception area.

But think about what most sites do on the road to selling? They build a flashy site (usually with lots of pictures or video) and expect that people will simply start visiting and purchasing.

Experts advise that you build a trust relationship with your customer. Social media promises that we can build closer relationships with our customers if we spend time with them online. This is partly true. If your customer believes in you, a purchase is sure to follow. But what are the approaches to building this trust?

These questions seem obvious to us, but very few sites spend the time to answer them. Not long ago, MarketingSherpa did a study and offered ten ways to keep a customer on your website and move them forward in the buy cycle.

It boiled down to this:

Focus on the people who are visiting and less on the products you are selling. Be sincere. Get specific, tell them why they should buy from you, and call the buyer to clear action.

 

Focus on customers because they will make the choice to buy, not you. The most relevant, most pressing issue that most companies forget:  The customer has control of the sales process.

So, instead of selling, ask yourself the following questions:

*What is this site selling?

*Why should I buy from this site?

*How do I buy from this site?

The best way to keep a customer engaged is to give them the information they need to make the best purchase decision.  There’s an old story that department store giant, Macy’s would send a customer down the street to another store if it didn’t have the product. The point is to be the best possible resource for your customer. People trust you when you serve their interests first.

Tell them why they should buy from you
The easiest way to do this is to speak clearly. Forget fancy language like “Here’s our value proposition,” and just tell them why your company, or better, your specific products or services are excellent.

You should buy this specific product “because it does X, Y, and Insert Your Reason.” If you have real, hyperlinked and verified testimonials from customers, that’s even better and builds trust. Gone are the days of fake testimonial quotes from “John Doe, Los Angeles.”

Call them to action
Focus on one real decision per screen. That means you can’t jam 10 products on one page. If your call-to-action button says “Buy Now” then place it front and center so they don’t have to scroll or hunt for it.

Get specific
Provide product details and a large product image while displaying incentives—such as free shipping and warranty information—high on the page and close to the product. Don’t discourage visitors by requiring registration to your site. If you must require registration, then always state the benefits of signing up in bullet form.

 

Do you have the right stuff?

What makes you better than your competitors? Avoid the word differentiate that is so commonly used, there’s a trend toward more human and transparent communication.  Speak simply. Do you offer: Free shipping (both ways?), discounts, a 365-day warranty, price protection, privacy, or phenomenal customer service? Just say it.

One final bonus tip: Be Search Friendly
That little search box on your site can make it easier for your customers and prospects to find information on your site. Don’t make them click another link to get to a search page, just make it a type-in field so they can start searching immediately.  Often, with site search tools, you can link common search term results to specific product pages which will increase conversions.

Friends don’t let friends buy from dishonest salespeople or shoddy websites where there are no price tags and clerks. Ultimately, people don’t buy from websites, people buy from people. Make sure your people voice comes through loud and clear.

* * * * *

TJ McCue is the founder of SalesRescueTeam.com, a group of volunteer advisors sharing advice to help companies with their online sales and marketing efforts.  Each week, they conduct free private and public reviews of a wide range of small businesses and startups.

Adapted from: American Express OPEN Forum
http://www.openforum.com/idea-hub/topics/innovation/article/why-should-i-buy-from-this-site-tj-mccue

Posted: 7/9/2010
Success is a Choice

Success is a Choice 

Apr 20, 2010 -

In today's economic environment, it seems more than ever that entrepreneurs are on a quest to learn the success secrets from those who are "making it happen." From top executives and CEOs to entrepreneurs, we want to know why, what, when and how these successful companies and entrepreneurs are doing it. How are they achieving what seems to be the untouchable level of success during these uncertain times?

So what is the key to success? Albert Schweitzer once said, "Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful." Although I agree with the concept, I think there is a key point missing here: The reason why and how people become successful is simply choice. As entrepreneurs and individuals, we make success (or failure) choices every day of our lives. When faced with challenges, adversity and opportunity, you have a choice, and your decisions can make the difference between success and failure. We have a choice with every single thing in our lives--from how we want our coffee and what color we want our clothing to how successful we want to become and where we want to take our careers or company. If choice is the only thing that is standing in the way, then why wouldn't we approach our careers and the overall success of our companies by making healthy choices at every single turn?

Just as a flower can only bloom in a positive and healthy environment, a business can only thrive with a success-focused mind-set. It's an absolute law of nature. So why is it that we often make unhealthy choices that keep us stuck and complacent?

Because complacency is our comfort zone, and to leave that space, it would take choice followed by action.

Today is the day to make a choice and take action. Here are a few success choice tips and approaches for you to incorporate into your daily mind-set starting now:

  1. Decide to do the different every single day: Mix it up a little (or a lot). It can be as simple as taking a different route to work, or instead of e-mailing a contact, call them or send a hand-written thank you card. Choose to do at least five things every single day that are completely different or unlike anything you have done with your customers or clients.

  2. Just ask: Do not stay sitting on that darn fence. If you want to meet someone at an event or connect with a certain person online, just do it. Don't question whether or not you will be rejected; by doing that, you are rejecting yourself before you even get to the new contact. Hesitation keeps you complacent. Action leads you to success. Take action and ask. Reach out and ask for testimonials or recommendations from your contacts and customers. This will help you build your portfolio and prove to new targets that you are worth doing business with.

  3. Learn something new every day: Whether it is through a book, a video or by simply asking someone who is at a higher success level than you, make it a point to learn at least one new skill or approach every single day. This will keep you ahead of your competition and position you as a leader and expert in your industry.

  4. Be active: When you wake up in the morning, you have a choice to sleep in or get up and be active. Make the choice to be healthy and take that walk. Don't make excuses. If it is raining or cold, put on a rain coat or jacket. Even some quick morning stretches or a good in-home hula hoop workout will do wonders for your energy and motivation throughout the day.

  5. Choose who you hang out with: It has been proven time and again that success-minded people make more money and live better lives. Do a quick friend, connection and relative check. If anyone in your circle complains, offers negative feedback on a consistent basis, or tends to stay in victim mode, boot them out of your circle right away. Reach out to the successful people in your community and make it a point to hang out with them. Host success parties every quarter at your home or office.

Starr Hall is an international speaker, author and social media strategist. For more information, visit www.starrhall.com. Hall's latest book with Entrepreneur Press is Get Connected, The Social Networking Toolkit for Business.

Adapted from: American Express OPEN Forum
http://www.openforum.com/idea-hub/topics/innovation/article/success-is-a-choice-starr-hall

Posted: 7/8/2010

Go work for a startup company.

 

Joining a startup company is a no-brainer. The pros far outweigh the cons. Whether you’re just graduating, or you’ve done your time “working for the man” now is the perfect time to make the jump.

Here are 10 reasons why:

  1. More influence. With a smaller team, each person at a startup has more say. You should have more opportunity to voice your opinion and influence key decisions. And you want that, right?
  2. More ownership. You might not be the founder, but you’re darn close. You should have some equity (or stock options.) Both a sense of ownership, and actual ownership are wonderful things; they’ll give you one more reason to work better and harder.
  3. More meaning. The best startups are built on top of a strong purpose and vision; a raison d’etre that truly resonates. It’s a startup’s rallying cry and it provides other likeminded people with true meaning in their work.
  4. More comraderie. Startup teams have to gel beautifully to succeed. Doesn’t mean you’ll always get along, but a little Saving Private Ryan never hurt anyone.
  5. More diversity. There shouldn’t be much pigeonholing at a startup; you’re going to do and see a lot of different things. You will be thrown out of your comfort zone. You will get a chance to expand your horizons.
  6. More learning. Startup environments are crash courses in business and life. You’ll learn more in 6 months at a startup than you will in 4 years at university.
  7. More connectivity. With less (or zero) levels of bureaucracy, everyone is closer to one another. You should be well connected to your CEO as well as the network of customers, vendors, VCs, friends, etc. that surround the startup.
  8. More emotion. Working at a startup isn’t a constant high. Far from it. But it is intense, and the emotional charge you’ll get on a regular basis is a worthwhile learning experience.
  9. More future success. I don’t have any statistics to prove this, but I bet you that startup employees go on to bigger and better things. Whether it’s higher paying / more interesting jobs or starting their own companies, your resume and personal story benefit considerably from living the startup experience.
  10. More fun. Startup employees have more fun. It’s just the way it is…

The job market for startup and early-stage companies is very strong. There’s no shortage of opportunity. Top talent can pick and choose amongst a slew of startups eager to hire. The risk is low.

Granted, not all startups are created equally. Not all startups may give you the benefits described above. You can’t dive in eyes closed and expect to find the perfect fit. Make sure you ask the right questions before joining a startup. Plenty of smart people have suggestions on the questions you should ask before joining a startup, so you shouldn’t have a problem being prepared.

But make the leap. Join a startup. It’s worth it.

Adapted from: Top 10 Reasons to Join a Startup by Ben Yoskovitz
http://www.instigatorblog.com/top-10-reasons-to-join-a-startup/2007/05/23/