Posted by Mitch | Under Business
Saturday Aug 16, 2008
Business branding is important not only in terms of having people know you are there and hear your name, but also in terms of building trust and creating a professional image. Trust is what is truly essential if you want people to purchase your products or services and so building a brand name needs to include building trust.
Build Trust with Social Marketing Techniques
Social marketing is an excellent way to brand your business and to create trust in your products and services. By its very nature social marketing is meant to build relationships and these relationships are based on trust. Get profile pages up on as many social media websites as possible and be real with others. Let them know what you are doing but be yourself. Share useful information and interesting content related to your business and people will begin to trust you as an expert in your field.
Use Testimonials on Your Website to Build Trust
When it comes to building trust on your website few things work as well as providing testimonials. Let others know that other people have used your products and services and benefited from them.
Be Contactable and Available
In order for people to be able to trust you they need to know that they can get hold of you and that you are not hiding or going to disappear with their money. It is therefore important to be as contactable as possible – share your contact details on your website, on your social profile pages, and share as many contact details as possible. The easier people find it to contact you, the more likely they will be to trust you.
Trust is essential for creating a strong business brand and this can be done in a number of ways including social marketing, using testimonials and being contactable and available.
Posted by Mitch | Under Business
Thursday Aug 14, 2008
One reason many new business owners create a business plan is to get investors to invest in their business start-up. How do you create a business plan that stands out to investors and gets the funding you require?
How Much Research Have You Done and How Well Do You Know the Market?
The first thing you should look at, and state clearly, is as much information as possible about the market you are looking at – your target market, your competitors, what advantage you are going to have over your competitors. All of this is important for people who are going to be investing in your business to see whether it is really worth their while.
How Much Money is already invested and how much is still required
Another important point that investors are going to look at is how much money you already have invested and how much you are requiring from them. It is important to mention all sources of income or resources that have already been committed to this project so that investors don’t feel like they are taking the whole burden themselves. Show that you are willing to make an investment into your business yourself, whether it is money, or other resources.
Your Financial Projections and How Realistic They Are
Your business plan should also include some financial projections of how much you are expecting to make, but it is important that these are realistic. You may say you are going to make millions but is this realistic? Investors don’t only want to know that their investment is secure but also that you are being honest about the level of security.
Who Is on Your Management Team
The management of your company is essential to its success and so investors want to know who is running your company and what qualifications they have to be in that position. Do these people have the necessary skills and abilities to run your type of business successfully?
Always Present a Professional Business Plan
Lastly, it is important to always only present a professional looking business plan to your investors. If you have a business plan that looks amateurish then investors are not going to be interested. Show that you have taken the time, care and money to create a proper business plan and you will build their trust.
Creating a business plan to win over investors is not easy and it is important to ensure that you answer all their questions – how much money is involved, how much can they expect to make, who is going to run the business and why? You will also always want to put your best foot forward and make sure that your business plan is professional and well thought out.
Posted by Mitch | Under Marketing Strategies
Monday Aug 11, 2008
Email marketing is a powerful way to promote your business and this can either be done by creating your own email list and sending out regular emails to potential or current customers, or by using other people’s lists and submitting articles to them.
Why You Want to Submit Articles to Ezines for Better Business Branding
Ezines are email newsletters that go out to subscriber lists with good quality content and these subscribers have usually already built a relationship with the list owner and trust them to only provide the best. By submitting your articles to these ezines you are benefiting from the relationship that the list owner has already created with their list as a form of endorsement and so will find it easier to build trust with this market and so sell your products through these ezines.
Submitting Articles Allows You to Benefit from Many Different Lists
Building your own email subscriber list can be time consuming but if you submit articles to different ezines you can quickly and easily benefit from a number of different lists that might be even larger than you will reach this year. This greatly expands your potential customer base.
What to Consider When Submitting Articles to Ezines
Before submitting articles to ezines find out which ezines accept article submission from other writers and which of these are targeting a similar market to what you want to reach. Once you have a list of potential ezines then write a number of different articles that are suited to these ezines (you don’t want to submit the same article to different ezines) and then approach them with the article asking whether they would be prepared to publish it for you with a link to your website or blog at the bottom of the article. Always ensure that you are providing quality information that people will find interesting and that meets the needs of the readers of that particular ezine.
Submitting articles to ezines can be a great way to brand your business as it enables you to benefit from the relationships that other list owners have built with their readership. Always ensure that you target the right ezines and that you provide them with quality information that their readers will enjoy.
Posted by Mitch | Under New Technology
Wednesday Aug 6, 2008
Podcasting is becoming increasingly popular today and can be a quick and easy way to promote your blog or website and increase your sales, but before you start, here are a few tips to ensure that you get the most from your podcasting.
Listen to Your Competitors’ Podcasts
Before creating your own podcasts listen to what others in your niche are putting out because this is what you will be competing against. Can you make a better podcast than they have? Think carefully how you are going to stand out from these others and why people should subscribe to your podcast instead of these others.
Create Your Podcasts Using Free Podcasting Software
Creating a podcast shouldn’t be expensive. You can get free podcasting software to create your podcasts and also look into using FeedBurner to help create your podcasts. By minimizing your costs of creating podcasts you will help to improve your return on investment from these casts.
Carefully Consider How You are Going to Monetize Your Podcasts
One way you will probably want to do this is by including an advert for your website or product somewhere in the podcast (or even regularly throughout the cast) but there are also other ways of monetizing podcasts that you can look into, especially if you are using FeedBurner to create and distribute your podcasts.
Provide Unique, Relevant and Interesting Content
The content of your podcasts are also extremely important. Listen to what others are offering but don’t use similar content to them – be unique! Also ensure that your content is relevant and interesting to your target market.
Podcasting is a powerful way to promote your website or blog but first take the time to listen to what others are casting in your niche and how you are going to stand out and use your podcasts to make more money.