Saturday, February 18, 2012

Utilizing Smart Phones For Business Marketing

Ever experienced going back home just because you left your mobile phone?

Life has never been easier since the advent of mobile phones. This is not only true for handling personal matters but also for business transactions. Executives can receive calls even though they are not at their office; marketing professionals can contact prospects; and procurement can conveniently communicate with suppliers. These were just some of the convenience brought by mobile phones.

As time goes by, technology advances. This just means more and more features that can be utilized to boost marketing efforts for your UK business.

As of Q1 2011, 48% of mobile phones in the UK are smartphones and sales are increasing too at an insane pace. It is not long before the smartphones will not only dominate traditional mobile phones but even make them obsolete.

What does this trend mean to businesses in UK?

It is very clear that marketing directed towards smartphones would definitely reach and penetrate our target market. The next question would be, "How can this be done?"

Here are some of current features of mobile phones and corresponding advantages for business marketing.

Traditional Call and Text

Since almost everyone if not all brings their mobile phones wherever they go, then the best way to reach someone is through his / her mobile phone. Telemarketing and SMS marketing would definitely be useful to reach mobile phones.

You can pro-actively market your business by either cold calling prospects or calling sales leads from marketing companies specializing in lead generation. If you opt for cold calling, you would need a marketing list or marketing database for your target market. There are marketing companies which also offer these databases at low prices.

On the other hand, you might prefer calling leads that are already pre-qualified, interested to know more about your product or service, or interested to avail your products right away. Lead generation companies can help you with sales leads that would suit your ideal target market.

SMS marketing is one cost effective option that can be utilized even by small businesses. At a very minimal cost you can let your market know about the existence of your business, promotional offers that you have, and have continued trade from existing customers. You can either do this in-house or have it outsourced to a marketing company. Doing this in-house would still require you to have marketing lists, SMS marketing system, and a set of personnels that would pull everything together. Another option is to have it outsourced and just sit back while the hot leads roll in from the SMS marketing campaign.

Internet Connectivity

This is one significant revolution in mobile phones. Your target market can now access your site anywhere they are. Features that used to be confined on computers are now literally available at the fingertip. It's just a click away from any smartphone. This just means that investing on Search Engine Optimization (SEO) and Email blast would now yield higher return of investment for the business.

In the a generation where almost everything could be found through search engines like Google, it is very important to have your business listed online and see to it that your website appears on top of your competitors'. This is where SEO comes in. With SEO, you could increase traffic to your website and therefore, making your presence known to those who are looking for your products or services.

On the other hand, why just wait for customers to look for you if you can initiate customer relation by regularly sending something through their email? With features nowadays which integrate email to smartphones, your emails would reach your target market faster and more effectively.

Generally speaking, one of the marketing strategies mentioned above can make a lot of difference for the growth and prosperity of your business but implementing them side-by-side would yield better results because their results reinforce each other.

There's also two (2) ways on how you can implement them. You may choose to gather all necessary resources and implement them on your own or have them done by businesses specializing in marketing. There is no clear answer to which would be a better choice. This would depend on the expertise of your personnel (both on marketing and management), financial limitations, and available resources.

Utilizing Smart Phones For Business Marketing

Ever experienced going back home just because you left your mobile phone?

Life has never been easier since the advent of mobile phones. This is not only true for handling personal matters but also for business transactions. Executives can receive calls even though they are not at their office; marketing professionals can contact prospects; and procurement can conveniently communicate with suppliers. These were just some of the convenience brought by mobile phones.

As time goes by, technology advances. This just means more and more features that can be utilized to boost marketing efforts for your UK business.

As of Q1 2011, 48% of mobile phones in the UK are smartphones and sales are increasing too at an insane pace. It is not long before the smartphones will not only dominate traditional mobile phones but even make them obsolete.

What does this trend mean to businesses in UK?

It is very clear that marketing directed towards smartphones would definitely reach and penetrate our target market. The next question would be, "How can this be done?"

Here are some of current features of mobile phones and corresponding advantages for business marketing.

Traditional Call and Text

Since almost everyone if not all brings their mobile phones wherever they go, then the best way to reach someone is through his / her mobile phone. Telemarketing and SMS marketing would definitely be useful to reach mobile phones.

You can pro-actively market your business by either cold calling prospects or calling sales leads from marketing companies specializing in lead generation. If you opt for cold calling, you would need a marketing list or marketing database for your target market. There are marketing companies which also offer these databases at low prices.

On the other hand, you might prefer calling leads that are already pre-qualified, interested to know more about your product or service, or interested to avail your products right away. Lead generation companies can help you with sales leads that would suit your ideal target market.

SMS marketing is one cost effective option that can be utilized even by small businesses. At a very minimal cost you can let your market know about the existence of your business, promotional offers that you have, and have continued trade from existing customers. You can either do this in-house or have it outsourced to a marketing company. Doing this in-house would still require you to have marketing lists, SMS marketing system, and a set of personnels that would pull everything together. Another option is to have it outsourced and just sit back while the hot leads roll in from the SMS marketing campaign.

Internet Connectivity

This is one significant revolution in mobile phones. Your target market can now access your site anywhere they are. Features that used to be confined on computers are now literally available at the fingertip. It's just a click away from any smartphone. This just means that investing on Search Engine Optimization (SEO) and Email blast would now yield higher return of investment for the business.

In the a generation where almost everything could be found through search engines like Google, it is very important to have your business listed online and see to it that your website appears on top of your competitors'. This is where SEO comes in. With SEO, you could increase traffic to your website and therefore, making your presence known to those who are looking for your products or services.

On the other hand, why just wait for customers to look for you if you can initiate customer relation by regularly sending something through their email? With features nowadays which integrate email to smartphones, your emails would reach your target market faster and more effectively.

Generally speaking, one of the marketing strategies mentioned above can make a lot of difference for the growth and prosperity of your business but implementing them side-by-side would yield better results because their results reinforce each other.

There's also two (2) ways on how you can implement them. You may choose to gather all necessary resources and implement them on your own or have them done by businesses specializing in marketing. There is no clear answer to which would be a better choice. This would depend on the expertise of your personnel (both on marketing and management), financial limitations, and available resources.

Utilizing Smart Phones For Business Marketing

Ever experienced going back home just because you left your mobile phone?

Life has never been easier since the advent of mobile phones. This is not only true for handling personal matters but also for business transactions. Executives can receive calls even though they are not at their office; marketing professionals can contact prospects; and procurement can conveniently communicate with suppliers. These were just some of the convenience brought by mobile phones.

As time goes by, technology advances. This just means more and more features that can be utilized to boost marketing efforts for your UK business.

As of Q1 2011, 48% of mobile phones in the UK are smartphones and sales are increasing too at an insane pace. It is not long before the smartphones will not only dominate traditional mobile phones but even make them obsolete.

What does this trend mean to businesses in UK?

It is very clear that marketing directed towards smartphones would definitely reach and penetrate our target market. The next question would be, "How can this be done?"

Here are some of current features of mobile phones and corresponding advantages for business marketing.

Traditional Call and Text

Since almost everyone if not all brings their mobile phones wherever they go, then the best way to reach someone is through his / her mobile phone. Telemarketing and SMS marketing would definitely be useful to reach mobile phones.

You can pro-actively market your business by either cold calling prospects or calling sales leads from marketing companies specializing in lead generation. If you opt for cold calling, you would need a marketing list or marketing database for your target market. There are marketing companies which also offer these databases at low prices.

On the other hand, you might prefer calling leads that are already pre-qualified, interested to know more about your product or service, or interested to avail your products right away. Lead generation companies can help you with sales leads that would suit your ideal target market.

SMS marketing is one cost effective option that can be utilized even by small businesses. At a very minimal cost you can let your market know about the existence of your business, promotional offers that you have, and have continued trade from existing customers. You can either do this in-house or have it outsourced to a marketing company. Doing this in-house would still require you to have marketing lists, SMS marketing system, and a set of personnels that would pull everything together. Another option is to have it outsourced and just sit back while the hot leads roll in from the SMS marketing campaign.

Internet Connectivity

This is one significant revolution in mobile phones. Your target market can now access your site anywhere they are. Features that used to be confined on computers are now literally available at the fingertip. It's just a click away from any smartphone. This just means that investing on Search Engine Optimization (SEO) and Email blast would now yield higher return of investment for the business.

In the a generation where almost everything could be found through search engines like Google, it is very important to have your business listed online and see to it that your website appears on top of your competitors'. This is where SEO comes in. With SEO, you could increase traffic to your website and therefore, making your presence known to those who are looking for your products or services.

On the other hand, why just wait for customers to look for you if you can initiate customer relation by regularly sending something through their email? With features nowadays which integrate email to smartphones, your emails would reach your target market faster and more effectively.

Generally speaking, one of the marketing strategies mentioned above can make a lot of difference for the growth and prosperity of your business but implementing them side-by-side would yield better results because their results reinforce each other.

There's also two (2) ways on how you can implement them. You may choose to gather all necessary resources and implement them on your own or have them done by businesses specializing in marketing. There is no clear answer to which would be a better choice. This would depend on the expertise of your personnel (both on marketing and management), financial limitations, and available resources.

Succeeding In Family Business: Tips To Remember

It may be hard to work and live with the same people. Your family members are usually the closest people to you in life. When you work with them, it often becomes hard to determine where to draw the lines. It is sometimes difficult to separate work from personal life and even more difficult when your personal life is involved with your work.

The most important thing to do would be to set boundaries. Keep work talk at work and home life at home. If you mix the two, it can often create animosity both in the home and in the office. If you're going to have to discuss business matters, at least save it for an appropriate time. A time should be set aside for specifically discussing business matters, (and not during dinner). Having meetings to discuss business issues is very important, but the setting does matter.

If your children will be joining a business that you have developed previously, it is important that they have experience working outside the family business first. This way, they will know what to expect from a professional (and non-related) work atmosphere. It's also important not to hire children, or any other family members for that matter, out of sympathy. Although you may be "doing them a favor," you still want to be sure they have the skill and experience to fulfill their role in the business. It would be even worse if you had to fire a family member due to lack of skill, wouldn't it?

Make sure that responsibilities and duties are clearly assigned to each employee in order to avoid overlap. Each person should have certain tasks they are responsible for so that, at the end of the day, no one can play the blame game. Clearly identify leaders as well as particular strengths and weaknesses of all employees. While various family members may be qualified for similar tasks, divvying up the duties should help to avoid conflicts. Big decisions should, of course, be made together. However, a debate over each little move made will begin to break apart the family.

Family businesses can be extremely successful if you operate them correctly. For example, Matt Siegal helped his father, Sanford, to expand his cookie business (Dr. Siegal's Cookie Diet) into a retail operation. "I'm an eternal optimist; I think every new idea will work out great," says Matt. "Dad's more of a pessimist, or a realist, as he calls himself."

When Matt saw great potential for his father's small business to grow significantly by adding a retail division, he became immediately enthusiastic about the idea. "'Of course, Dad had to weigh the options carefully and consider any possible pitfalls,' says Matt, knowing his father would take the more cautious approach. In the end, after some due diligence, the elder Siegal agreed. Matt sold his software company, joined his parents in the cookie business, and the company took off." The cookies are now being sold at Walgreen's and GNC as well as through their website.

Family businesses can be a great idea and generate great profit. As long as everyone feels that they are contributing and being treated equally and with respect, things should run smoothly.

Succeeding In Family Business: Tips To Remember

It may be hard to work and live with the same people. Your family members are usually the closest people to you in life. When you work with them, it often becomes hard to determine where to draw the lines. It is sometimes difficult to separate work from personal life and even more difficult when your personal life is involved with your work.

The most important thing to do would be to set boundaries. Keep work talk at work and home life at home. If you mix the two, it can often create animosity both in the home and in the office. If you're going to have to discuss business matters, at least save it for an appropriate time. A time should be set aside for specifically discussing business matters, (and not during dinner). Having meetings to discuss business issues is very important, but the setting does matter.

If your children will be joining a business that you have developed previously, it is important that they have experience working outside the family business first. This way, they will know what to expect from a professional (and non-related) work atmosphere. It's also important not to hire children, or any other family members for that matter, out of sympathy. Although you may be "doing them a favor," you still want to be sure they have the skill and experience to fulfill their role in the business. It would be even worse if you had to fire a family member due to lack of skill, wouldn't it?

Make sure that responsibilities and duties are clearly assigned to each employee in order to avoid overlap. Each person should have certain tasks they are responsible for so that, at the end of the day, no one can play the blame game. Clearly identify leaders as well as particular strengths and weaknesses of all employees. While various family members may be qualified for similar tasks, divvying up the duties should help to avoid conflicts. Big decisions should, of course, be made together. However, a debate over each little move made will begin to break apart the family.

Family businesses can be extremely successful if you operate them correctly. For example, Matt Siegal helped his father, Sanford, to expand his cookie business (Dr. Siegal's Cookie Diet) into a retail operation. "I'm an eternal optimist; I think every new idea will work out great," says Matt. "Dad's more of a pessimist, or a realist, as he calls himself."

When Matt saw great potential for his father's small business to grow significantly by adding a retail division, he became immediately enthusiastic about the idea. "'Of course, Dad had to weigh the options carefully and consider any possible pitfalls,' says Matt, knowing his father would take the more cautious approach. In the end, after some due diligence, the elder Siegal agreed. Matt sold his software company, joined his parents in the cookie business, and the company took off." The cookies are now being sold at Walgreen's and GNC as well as through their website.

Family businesses can be a great idea and generate great profit. As long as everyone feels that they are contributing and being treated equally and with respect, things should run smoothly.

Succeeding In Family Business: Tips To Remember

It may be hard to work and live with the same people. Your family members are usually the closest people to you in life. When you work with them, it often becomes hard to determine where to draw the lines. It is sometimes difficult to separate work from personal life and even more difficult when your personal life is involved with your work.

The most important thing to do would be to set boundaries. Keep work talk at work and home life at home. If you mix the two, it can often create animosity both in the home and in the office. If you're going to have to discuss business matters, at least save it for an appropriate time. A time should be set aside for specifically discussing business matters, (and not during dinner). Having meetings to discuss business issues is very important, but the setting does matter.

If your children will be joining a business that you have developed previously, it is important that they have experience working outside the family business first. This way, they will know what to expect from a professional (and non-related) work atmosphere. It's also important not to hire children, or any other family members for that matter, out of sympathy. Although you may be "doing them a favor," you still want to be sure they have the skill and experience to fulfill their role in the business. It would be even worse if you had to fire a family member due to lack of skill, wouldn't it?

Make sure that responsibilities and duties are clearly assigned to each employee in order to avoid overlap. Each person should have certain tasks they are responsible for so that, at the end of the day, no one can play the blame game. Clearly identify leaders as well as particular strengths and weaknesses of all employees. While various family members may be qualified for similar tasks, divvying up the duties should help to avoid conflicts. Big decisions should, of course, be made together. However, a debate over each little move made will begin to break apart the family.

Family businesses can be extremely successful if you operate them correctly. For example, Matt Siegal helped his father, Sanford, to expand his cookie business (Dr. Siegal's Cookie Diet) into a retail operation. "I'm an eternal optimist; I think every new idea will work out great," says Matt. "Dad's more of a pessimist, or a realist, as he calls himself."

When Matt saw great potential for his father's small business to grow significantly by adding a retail division, he became immediately enthusiastic about the idea. "'Of course, Dad had to weigh the options carefully and consider any possible pitfalls,' says Matt, knowing his father would take the more cautious approach. In the end, after some due diligence, the elder Siegal agreed. Matt sold his software company, joined his parents in the cookie business, and the company took off." The cookies are now being sold at Walgreen's and GNC as well as through their website.

Family businesses can be a great idea and generate great profit. As long as everyone feels that they are contributing and being treated equally and with respect, things should run smoothly.

It's Shocking But True - Failure Can Be Good for Business - 7 Reasons Why

"Failure" - one of the most dreaded words in the English language, is for most not an option. Simply mentioning it as an option may sound foolish; even insane to a seasoned entrepreneur. Especially when it comes to business. Because - really - who wants to fail?

And when it comes to business failure, even simple ones, it's enough to stop many a biz owner cold. No re-thinking; no desire to regroup. Instead scrapping the questionable idea, product or service. Worried even a fully reorganized scenario might cause added financial problems, loss of clients and stature. That others may perceive them as poor decision makers, taking inappropriate risks. Someone to be avoided.

That said, it's important to come to terms with failure.

It's always an integral part of life. Something which cannot be avoided. Whether you're investing time or money in a product or service, deciding on a new car, additional education, hiring a new employee, the decision you make always has risk attached to it.

Unfortunately the psychology behind failed risk is such most will avoid it at all costs. There's no doubt it's hard to reorganize, go forward optimistically. Make the most of the resulting negativity. What can hamper you moving forward could also be your alternate bouts of anger and misery over the outcome. The ruminating over your decision making capabilities or lack thereof.

It's important to understand each failure brings with it invaluable lessons which can help an entrepreneur become more effective; to better achieve their goals. It's no secret the most successful entrepreneurs embrace it. Think about the huge risks entrepreneurs like Jobs, Gates, Buffet, film makers Spielberg and Lucas have taken. They've frequently failed miserably. Yet gathered themselves up and started again. Eventually thriving and prospering.

Further, if you've clearly thought out the risks, and understand the payoffs of those risks you're about to take - like they did - you have a greater chance of overcoming them. Rewarded once the goals you've planned for arrive.

How can failure be good for a business?

1. When it stops you from heading in a direction likely to bring financial loss.
2. Provides ideas you can tweak to better reach your goals.
3. Brings new investors and joint venture opportunities.
4. Presents visions for expansion, sales increases, new products or services.
5. Introduces viable models for revamping your business; bringing greater profits.
6. Shows you how to re-evaluate and move beyond a current problem.
7. Points you in the direction of the help or expertise you need.

Bear in mind what entrepreneur and author Ralph Heath says in his book "Celebrating Failure: The Power of Taking Risks, Making Mistakes and Thinking Big" - "Take action, move forward with your thoughts and ideas to accomplish something, instead of waiting for something - or nothing - to happen".

And remember, every failure brings with it seeds for success. But only if you first consider what happened, why it may have happened and what resulted. Only then will the failure provide you with practical, tangible business ideas. Along with methods for effectively dealing with the setback. And while failure can be ugly, never discount your own experience, and ability, to take up the gauntlet and advance once again.