Time Waster to Money Maker: How Small Businesses Can Eradicate Distractions

Starting out in business you are every job role to everyone – accountant, recruitment, marketing, administration, personal assistant, sales, CEO, CFO, HR, PR…and with very little chance of R+R! You live in your email inbox or on the phone – it’s simply what you have to do.

Then, as a small business grows so does the team – and yet somehow you become even busier. I’m fortunate to work with a few companies who are at this stage, all of whom are tech savvy and a few of which are taking some rather extreme measures to save them spending all their time buried in their inbox or on the phone…

Research Behind the Reasoning

Researchers from the University of California found that employees get just eleven minutes of work time between each distraction, after which it can take up to twenty-five minutes to get back to the original task at hand. This suggests a huge loss in productivity and signals the need to erase at least some of the daily distractions employees face.

But, But But…

BUT… you’re running a business, how can you do so without being on the phone or answering emails? As mentioned above, I’ve clocked on to some excellent ways in which some SMEs have saved time and maximised productivity.

Option 1: Set an Out of Office

Tim Ferris, author of best-selling business book The 4-Hour Work Week, suggests using an out-of-office style email which states that emails will only be checked at 11am and 4pm each day. With so much time wasted scouring through inboxes and replying to each and every tiny request as it comes in, enforcing just two inbox checks per day can encourage clients or employees to:

a) Find their own solutions
b) Wait
c) Pick up the phone if it’s urgent and sort out the issue far more quickly

One hesitancy might be if customers get angry at this arrangement, however evidence largely shows they are not likely to be offended by the choice – indeed, they know exactly when their email is going to be seen which is more certain than the alternative. A client of mine did this for a boutique hotel, and didn’t get a murmur of complaint – customers and employees alike had no issue and it’s still in place today.

Option 2: Remove Your Phone Number Entirely

Take a look at this contact page – notice anything interesting? No phone number! They have removed the telephone number from their website entirely and instead, everything is done by email and online chat. This company is an eCommerce brand and very technical – as such this works both for their productivity as well as their customers; their reviews are positive and 40% of their customers use their online chat facility before they buy.

Through live chat, email or via their ticketing system, customers can get in touch in numerous ways and don’t seem to miss the option of a phone number. For this to work however, with 40% of customers wanting to discuss their potential purchase online, having competent technical sales staff is vital.

Option 3: Hire Out

It’s increasingly common to hire an actor to make those dreaded sales or lead follow-up calls that eat up an afternoon, and it doesn’t cost the earth – some actors charge as little as £10 an hour. Additionally, Virtual Assistants (VAs) are becoming more and more popular due to their ease of use and the fact that you don’t need to sacrifice any professionalism to outsource your admin and sales activities. For example, Internet companies such as Voipfone charge just £2 per month for a professional phone number that feeds direct to your mobile – a small price to pay to communicate a professional veneer.

Personally, I find speaking on the phone makes you a human to your client, and even better than that, is seeing them face-to-face. However, it is a hectic and busy world out there and having less stressful alternatives – be this in the form of outsourcing, limiting your time online or limiting your time on the phone – can help boost your morale and that of your team. Startups and SMEs are the most frequent new type of business in the UK and small teams are expected to make big waves if they are to compete with larger and more established ones.

With so much to think about when growing a team, the smaller administration matters such as responding to constant emails and being distracted by phone calls can cause a great deal of stress and detract from more important aspects of business growth. The three aforementioned options all approach these issues in different ways and what works for one company may not work for another. I have seen several companies reach the same end with varying techniques, but the message remains the same: creating new paths for the distractions gives way to the more important things, and allows you and your small business to grow and succeed without too much stress.

The post Time Waster to Money Maker: How Small Businesses Can Eradicate Distractions appeared first on Small Business Can.

Help Available for Small Microbusinesses With InterTradeIreland’s ‘Elevate’ Programme

Exporting can seem like such a large step to the smallest businesses on our island, however, it can be less daunting with the help of InterTradeIreland’s ‘Elevate’ programme which supports micro-businesses as they make this move.  The sales development programme assists small businesses, in particular those with fewer than ten employees, to develop sales opportunities through first time cross-border exports.

 

Elevate

The Elevate programme provides sector-specific sales support of up to £5,000 across a range of sectors including food and beverage, ICT and Engineering as well as many others.  The programme has already helped 245 small businesses and since 2013, those businesses which have been surveyed following completion of Elevate have generated new cross-border sales of approximately £2.6million.  In addition, over the same period, 31 new jobs were created and 52 were sustained.

 

Specialist support

Small businesses participating in Elevate can choose from a list of more than 100 experienced industry specialists.  These experts can then help them to identify sales leads in the cross-border market, negotiate deals, share relevant market insights, identify market research requirements and offer advice on the development of marketing materials.

 

Programme success for Antrim company

A shining example of what can be achieved through the Elevate programme, is the achievements of Advance Machinery Installation Ltd, a micro-business from Antrim. The company specialises in the relocation of single pieces of machinery right through to complete factory moves and re-organisations.  All of Advance’s clients are large manufacturers and customers in Northern Ireland include Bombardier, Diageo, Ryobi, Coca-Cola and Kerry Group.

 

Before the Elevate programme, Advance carried out around 90% of its business in Northern Ireland with the remaining 10% in the Republic of Ireland.  Alistair Carson, director, believed that the cross-border market could offer new leads but he didn’t have the time or resources to investigate properly.

 

Potential cross-border leads

In the past the firm had approached the cross-border market periodically and had never proactively searched for new business. They knew that there could potentially be leads but with a small team, the micro-business was busy focusing on the clients they already had.

 

Results of the Elevate Programme

Advance Machinery was delighted with the Elevate programme and said that what they had achieved within six months of taking part would have taken them years!  Where the firm had previously relied on the phone ringing to get jobs in the south, the Elevate consultant had turned this approach on its head and now the business was actively pursuing business.

 

This targeted approach has been very beneficial to Advance Machinery and it has highlighted that there really are opportunities out there if you go looking for them.

 

Since taking part in the Elevate programme, the firm has increased the level of business they do in the Republic of Ireland from 10% to 30%.  They have secured orders in Ireland in the region of £240,000 through Elevate, including major contracts with Sonoco, Manninckrodt and Norland with several other leads to take forward.

 

Support necessary to expedite success

As small companies make up 96% of businesses on the island it is essential that they receive the support they require to expand and flourish.

 

The cross-border market is often an underutilised but logical first step to wider export markets, giving experience of varied legislation and working with a different currency but has the comfort of being more accessible. Once mastered this makes looking at European markets a more realistic prospect.  The Elevate programme was designed with simplicity in mind to remove as much bureaucracy as possible.  As such, a relatively simple and straight-forward application process was devised and put in place. I would urge all interested small businesses with less than £1million turnover to register their interest and apply to Elevate today.

 

Like to know more?

For more information on the Elevate programme, including full eligibility criteria visit www.intertradeireland.com/elevate.

Making the right move: Thomas Hunter McGowan, chief executive of InterTradeIreland joins Alistair Carson, director of Antrim-based Advance Machinery Installation, to encourage all micro-businesses across the province to take advantage of the Elevate programme which is now open for applications. Advance, which specialises in the relocation of machinery, believes the fully-funded initiative by InterTradeIreland, enabled them to grow their cross-border business from 10%-30% in around six months and is urging other small firms to benefit from this growth opportunity. For more information, visit www.intertradeireland.com/elevate.

Making the right move: Thomas Hunter McGowan, chief executive of InterTradeIreland joins Alistair Carson, director of Antrim-based Advance Machinery Installation, to encourage all micro-businesses across the province to take advantage of the Elevate programme which is now open for applications.

The post Help Available for Small Microbusinesses With InterTradeIreland’s ‘Elevate’ Programme appeared first on Small Business Can.

Startup Strategy: How to Cultivate Customer Loyalty

Customer acquisition and retention are probably the top focus for any startup. Without word-of-mouth referrals, it’s very difficult for a startup to stay in business long. Fortunately or unfortunately, the Internet and the prevalence of social media have made customer impressions rapidly publicized the instant a customer sends out feedback. This means that startup ventures need to be more careful than ever to cultivate customer loyalty.

The following are some useful techniques for establishing customer loyalty amid the immediacy of today’s online communication channels:

Meet Customer Needs

First and foremost, it’s necessary to provide customers with what they need to meet their needs. Don’t simply provide customers and potential customers with the information you have; instead, seek out the information they need. This should be part of your content marketing campaign. Every interaction with a customer counts. If an interaction takes a turn for the worst, you probably will never have the opportunity to get that customer back again, so act accordingly.

Strive for Absolute Transparency

Customers value honesty. This is especially important to customers when they are dealing with a new company abut which they may have some uncertainties. It’s easy to spread false information on the Internet, but it never pays off. Honesty should be the most important focus on any interaction with a new customer for a startup company.

Go the Extra Mile

What’s going to put you ahead of your competition? Sometimes, it may seem easier to just meet the bare minimum when it comes to your interactions with potential customers. It will seem easier to your competitors, too. A machinist from an online machine shop says it pays, in the long run, to make the extra effort when meeting your customers’ needs. You’ll be guaranteed success if you can provide customers with an offer that can’t be beat. Such an offer might cost you extra effort at the outset, but it will pay off as word gets around.

Establish Authority

When you make a purchase on a particular item or service, you want to know that you’re dealing with an authority on the subject. Likewise, customers want to do business with the authority in your industry. This means that you need to make yourself an authority to enjoy the success that you seek.

A loyal customer is thousands of times more valuable to your startup company than a disgruntled customer. Focus on cultivating customer loyalty and you will grow and prosper with time.

The post Startup Strategy: How to Cultivate Customer Loyalty appeared first on Small Business Can.

How Can Small Business Owners Save Money on Foreign Exchange?

If you own a small business then you are aware of the huge outflow of foreign exchange that happens when you have to pay your overseas suppliers or staff. Importing machinery or paying for any specialized task that doesn’t happen in your country, requires a lot of foreign exchange and it is common for businesses to lose a huge amount of money every year. As it is important to curb your spending in order to maximize your profits, it becomes essential that small business follow some steps to save their capital. Listed below are a few interesting tips that might help.

1. Market Research and Analysis

The first step to each plan usually involves a thorough research and analysis of a subject or situation. It works pretty much the same way for the small businesses who want to enter the highly volatile foreign exchange market. It is essential for the owners to carefully examine the market and identify the loopholes and red flags. Whatever the type of business you own, forex trading is a complicated art and it would be unwise to jump in the market while unprepared.

2. Watch Out for the Political and Economic Changes

The prices of the currencies are regulated by the network known as the ‘Interbank’ and are highly influenced by the political and economic conditions of a particular country. It is highly important for small business owners to keep an eye on the changing political and economic conditions of a country. This will help you get an idea if the prices of a particular currency would rise or fall, which can save you a lot of foreign exchange in a year.

3. Online Transfers

The best and the easiest way to manage your payments, is by using online transfers. It not only makes payments and funds transfer more convenient but is also more cost-effective. International transfers done via banks can increase the payment costs as banks charge a fee for each transaction. Overseas vendors can be paid with ease using online transfers minus the extra fees and taxes levied with bank transfers. Online transfers are also safer and hassle free with zero possibility of the payment being lost or misplaced.

4. Getting Alerts From The Brokers

If you work with a reputed and experienced broker, you can get various types of useful information that will help you save your foreign exchange. Brokers have an all round knowledge about the market as they keep a close eye on the rise and fall of currencies. A broker can be directed to provide you with special alerts in case a currency’s price is expected to rise or fall in the future. This means if a particular currency’s prices are expected to fall, you can plan and invest when the prices are low and sell them when the prices rise. An interpersonal relationship with a broker is essential for success in forex.

5. The Importance of Stop Losses

Of all the risk management tools in Forex, the Stop loss order is one of the most useful especially when it comes to small business owners. All you have to do is direct your broker to sell the currency if the price goes below a certain point. This not only limits the amount of risk your capital is being exposed to but also keeps you from facing huge losses. As forex is a volatile market and losses are inevitable, the key strategy of most traders is to limit their losses as much as possible. You can know more about risk management on websites such as forexstars.com and others.

6. Transparent Pricing is Essential

To make sure that you do not lose any extra money during forex trading it is important that the brokers offer prices, which do not change without any notice. With more and more people and businesses dealing in forex, the brokers also offer special prices to attract more and more investment from small businesses. Nevertheless, it must also be noted that the brokers and banks can charge some extra hidden fees. It is highly important that the rates offered to you are the same or lower than the interbank rates.

While individual traders form a fairly small percentage of the total players in the forex market, more and more small businesses are jumping in the world of forex trade. As budgets are always tight, it is essential that the businesses follow the above tips to save the foreign exchange as much as possible.

The post How Can Small Business Owners Save Money on Foreign Exchange? appeared first on Small Business Can.

Positive but Cautious Outlook Shown by Firms in Q1

The latest InterTradeIreland Business Monitor (Quarter one, Jan – Mar 2015) has highlighted a positive but cautious start to the year for businesses across the island. The report, which reflects the views of more than 750 businesses across the island, has revealed that almost nine out of ten firms are either growing or stable, with the number of companies expanding rising from 37 per cent in the final quarter of last year to 43 per cent in Q1 2015.

Investment a key goal
Although a third of firms are more cautious about investment than they were a year ago, it is encouraging to note that more than two thirds plan to invest in their businesses over the next year, particularly in the areas of IT and Marketing, with one in five companies planning to increase employment.
Q1’s report also highlighted the performance of those involved in cross-border trade and found that these businesses were significantly more likely to grow and twice as likely to be taking on staff over the next 12 months, further backed up by the statistics that 11% of firms took on staff in the Q1 period.

Businesses in Ireland continue to perform better than their counterparts in Northern Ireland with 47 per cent growing in the south compared to 34 per cent in NI. Seven per cent more southern firms also reported an increase in sales in Q1 than those in NI.

Construction the exception to the rule
Most sectors experienced stability rather than growth in the first quarter of 2015. Encouragingly though, after a particularly challenging quarter at the end of 2014, the construction sector bucked this trend and picked up significantly with 59 per cent of firms in the industry expanding at the start of 2015. Leisure, hotels and catering businesses struggled most in Q1 with only 33 per cent experiencing growth and more than one in five (22%) businesses in the sector contracting or surviving at all costs.

Decline in sales performance
Although 56% of firms involved in cross-border sales experienced growth compared to 40% of those with no export sales, sales performance on a whole has declined for the second quarter in a row with businesses reporting an increase dropping from 39 per cent in Q4 2014 to 32 per cent in Q1.

Positive outlook
Results in this Business Monitor reinforce the generally positive pictures that have been apparent since the middle of 2013 with 88% of firms saying they are either stable or growing. Of course, the fact that 45% are stable with just 43% growing, explains why the much-vaunted ‘feel good’ factor seems hidden.

Sales performance of exporters continued to outstrip non-exporters and remained very strong. However, it appears in the short-term, that the current environment for those selling across the border has been more challenging. This quarter, the report showed that there were more firms experiencing a decrease in cross-border sales in the last 12 months than those reporting an increase.

Exporting support is available
The volatility and fluctuation of the exchange rate may be having a temporary effect on cross-border trade. While current exchange rates are a significant issue for only a small number of firms, this is an issue which has been growing in importance, rising from two per cent at the start of 2014 to six per cent this quarter.

Despite short-term challenges, markets across the border should not be overlooked. It was worrying to find that more than half (56 per cent) of businesses surveyed don’t export, despite having suitable products and services. The reasons they gave included ‘being too far away’ and a ‘lack of management time and resource’ but we would urge firms to consider investigating their options. The first step would be to contact business advisory bodies, such as InterTradeIreland, where there are a range of programmes which can support firms in their exporting journey.

Overheads challenging
Figures also indicated that the cost of business overheads, including wages, is now the leading challenge for firms. The significance of energy costs has dropped considerably since the start of last year, falling from 30 per cent of firms recognising them as a key challenge in Q1 2014 to eight per cent at the start of this year, perhaps reflecting the reduction in fuel prices and the importance of transport costs to many sectors.

Business Monitor Survey
InterTradeIreland’s quarterly Business Monitor survey is the largest and most comprehensive business survey on the island and is seen to be the ‘voice of local businesses’.

Further information
For more information on InterTradeIreland and the business support programmes available, please visit www.intertradeireland.com . A copy of the 2015 Q1 InterTradeIreland Business Monitor Executive Summary can be viewed at: http://www.intertradeireland.com/researchandpublications/business_monitor/

The post Positive but Cautious Outlook Shown by Firms in Q1 appeared first on Small Business Can.

Positive but Cautious Outlook Shown by Firms in Q1

The latest InterTradeIreland Business Monitor (Quarter one, Jan – Mar 2015) has highlighted a positive but cautious start to the year for businesses across the island. The report, which reflects the views of more than 750 businesses across the island, has revealed that almost nine out of ten firms are either growing or stable, with the number of companies expanding rising from 37 per cent in the final quarter of last year to 43 per cent in Q1 2015.

Investment a key goal
Although a third of firms are more cautious about investment than they were a year ago, it is encouraging to note that more than two thirds plan to invest in their businesses over the next year, particularly in the areas of IT and Marketing, with one in five companies planning to increase employment.
Q1’s report also highlighted the performance of those involved in cross-border trade and found that these businesses were significantly more likely to grow and twice as likely to be taking on staff over the next 12 months, further backed up by the statistics that 11% of firms took on staff in the Q1 period.

Businesses in Ireland continue to perform better than their counterparts in Northern Ireland with 47 per cent growing in the south compared to 34 per cent in NI. Seven per cent more southern firms also reported an increase in sales in Q1 than those in NI.

Construction the exception to the rule
Most sectors experienced stability rather than growth in the first quarter of 2015. Encouragingly though, after a particularly challenging quarter at the end of 2014, the construction sector bucked this trend and picked up significantly with 59 per cent of firms in the industry expanding at the start of 2015. Leisure, hotels and catering businesses struggled most in Q1 with only 33 per cent experiencing growth and more than one in five (22%) businesses in the sector contracting or surviving at all costs.

Decline in sales performance
Although 56% of firms involved in cross-border sales experienced growth compared to 40% of those with no export sales, sales performance on a whole has declined for the second quarter in a row with businesses reporting an increase dropping from 39 per cent in Q4 2014 to 32 per cent in Q1.

Positive outlook
Results in this Business Monitor reinforce the generally positive pictures that have been apparent since the middle of 2013 with 88% of firms saying they are either stable or growing. Of course, the fact that 45% are stable with just 43% growing, explains why the much-vaunted ‘feel good’ factor seems hidden.

Sales performance of exporters continued to outstrip non-exporters and remained very strong. However, it appears in the short-term, that the current environment for those selling across the border has been more challenging. This quarter, the report showed that there were more firms experiencing a decrease in cross-border sales in the last 12 months than those reporting an increase.

Exporting support is available
The volatility and fluctuation of the exchange rate may be having a temporary effect on cross-border trade. While current exchange rates are a significant issue for only a small number of firms, this is an issue which has been growing in importance, rising from two per cent at the start of 2014 to six per cent this quarter.

Despite short-term challenges, markets across the border should not be overlooked. It was worrying to find that more than half (56 per cent) of businesses surveyed don’t export, despite having suitable products and services. The reasons they gave included ‘being too far away’ and a ‘lack of management time and resource’ but we would urge firms to consider investigating their options. The first step would be to contact business advisory bodies, such as InterTradeIreland, where there are a range of programmes which can support firms in their exporting journey.

Overheads challenging
Figures also indicated that the cost of business overheads, including wages, is now the leading challenge for firms. The significance of energy costs has dropped considerably since the start of last year, falling from 30 per cent of firms recognising them as a key challenge in Q1 2014 to eight per cent at the start of this year, perhaps reflecting the reduction in fuel prices and the importance of transport costs to many sectors.

Business Monitor Survey
InterTradeIreland’s quarterly Business Monitor survey is the largest and most comprehensive business survey on the island and is seen to be the ‘voice of local businesses’.

Further information
For more information on InterTradeIreland and the business support programmes available, please visit www.intertradeireland.com . A copy of the 2015 Q1 InterTradeIreland Business Monitor Executive Summary can be viewed at: http://www.intertradeireland.com/researchandpublications/business_monitor/

The post Positive but Cautious Outlook Shown by Firms in Q1 appeared first on Small Business Can.

Influencer Marketing to Spread your Brand’s Identity

Our product is unique, Our service is innovative! Customer’s inboxes are getting flooded with these marketing pitches. But how many of them actually get influenced by these words? May be a few of them… but what about the rest of the customers? As they receive impressive marketing messages from so many different brands, customers become sceptical about which brands to belief and choose and which one to avoid.

Marketers often do not understand how they can get their messages heard and absorbed. However, the key is identifying and empowering a brand’s most influential fans and followers to their network. Who are these influencers? They are individuals who have a sway over your audience, who have large followings in certain niches and affect opinions. The process eventually increases the visibility of your products and services. So how do you market them?

Put away the sales pitch. Your aim should be to bring people into your’ Marketing Sphere of Influence’. And once they arrive, it is your responsibility to deliver, engage and build the bond with your customers. The process is comprehensive but not difficult to achieve…

Search your Influencers from your Industry

With social media marketing being the buzz of the world, it is the easiest way to see who is talking about your brand. As you follow the influential, check out what and who they follow. You must recognize that influence is contextual. Your influencers entirely depend on what you’re trying to accomplish.  Participate in regular conversations relevant to your industry. Besides, some of the online tools also help you to see who’s sharing your content and how influential they are.

Do not Confuse Influencers with Reach

Some people assume that to find the influencers, they have to reach as many people as possible. However, influence marketing is all about reaching the right set of people. The motive should be to make the right people identify your brand. Create content that is specifically designed to attract the attention of the influencers. Try to follow the principle of reciprocity that says people are more likely to take interests in your stuff only when you take an interest in their stuff first.

Target and own your Niche

If you want to become the authority in your industry, you need to know your niche well. Do not jump into selling your products first. Read their content, articles, and discussion threads that you may come across. Do not overlook the loyal blog readers who subscribe to your newsletter, give interesting comments on your posts, or retweet your tweet. Focus on the primary influencers who get you traction. Own them by commenting on their blog posts, reply back on Twitter, respond to their Facebook status updates   and send them emails pitching your products and ideas. Do not underestimate the power of communities.

The more you interact with your influencers, the better you’re amplifying your brand message.

Sell through your Content

Look at the influencers as your potential consumers of your products. The product, in this situation is your content. You can probably apply AIDA’s progressive techniques in sales which incorporates four major factors to consider

Attention: Gain your influencer’s attention with a brief intriguing subject line

Interest: Draw their interests through genuine data and exclusive videos

Desire: Elicit a desire with emotional marketing (content) that most closely reaffirms with your products and audiences’ beliefs

Action: Ensure that your pitch includes the required call-to-actions.

Engage your Influencers

Engage people in your marketing space. Some of the best ways to drive engagement are through forums, groups, or communities. Google+, LinkedIn or Facebook will help you have the pipeline straight to the right people.  But how do you choose among the bazillion groups on LinkedIn or Google+? Make sure that your group

  • Are fit for your market
  • Are actively involved in
  • Have active and engaged members

However, be ready to manage the traffic before you start growing your marketing sphere.

Show some Love and not Business

Leveraging your influencers begins with building a strong bond with your customers. Investing in a superior customer experience and checking how frequently your customers speak about your brand on social media should be a top priority. If required interact directly with the customers, provide loyalty programs, promotional discounts, or create customer advisory board. This gives enough opportunities to encourage positive, organic and authentic sharing about your brand.

Attributes that make the Influencers

Echo: An influencer should be able to mobilize opinion and create reactions when they converse about a topic

Exposure: The size of the influencer’s community in a specific area is an important attribute to consider

Share of voice: influencer’s degree of participation on a given subject matter is a significant factor to regard.

You’ve Enough Reasons to Pay More Attention to the Influencers

Influence Marketing for Better Targeting

Word-of-mouth is the best searchlight that goes through every social network to find the most interested consumers.

Advanced SEO with Influence Marketing

By interacting with Facebook users and influencing their networks, marketers are able to reach a new group full of qualified prospective.

Influencers Affect Decision Making Process

Preferences or decisions coming from friends, families and social media networks always have a strong impact on the buyer’s purchase decisions.

Companies who understand the value of influence marketing stand to gain if they plan and execute well.

 

 

The post Influencer Marketing to Spread your Brand’s Identity appeared first on Small Business Can.

Influencer Marketing to Spread your Brand’s Identity

Our product is unique, Our service is innovative! Customer’s inboxes are getting flooded with these marketing pitches. But how many of them actually get influenced by these words? May be a few of them… but what about the rest of the customers? As they receive impressive marketing messages from so many different brands, customers become sceptical about which brands to belief and choose and which one to avoid.

Marketers often do not understand how they can get their messages heard and absorbed. However, the key is identifying and empowering a brand’s most influential fans and followers to their network. Who are these influencers? They are individuals who have a sway over your audience, who have large followings in certain niches and affect opinions. The process eventually increases the visibility of your products and services. So how do you market them?

Put away the sales pitch. Your aim should be to bring people into your’ Marketing Sphere of Influence’. And once they arrive, it is your responsibility to deliver, engage and build the bond with your customers. The process is comprehensive but not difficult to achieve…

Search your Influencers from your Industry

With social media marketing being the buzz of the world, it is the easiest way to see who is talking about your brand. As you follow the influential, check out what and who they follow. You must recognize that influence is contextual. Your influencers entirely depend on what you’re trying to accomplish.  Participate in regular conversations relevant to your industry. Besides, some of the online tools also help you to see who’s sharing your content and how influential they are.

Do not Confuse Influencers with Reach

Some people assume that to find the influencers, they have to reach as many people as possible. However, influence marketing is all about reaching the right set of people. The motive should be to make the right people identify your brand. Create content that is specifically designed to attract the attention of the influencers. Try to follow the principle of reciprocity that says people are more likely to take interests in your stuff only when you take an interest in their stuff first.

Target and own your Niche

If you want to become the authority in your industry, you need to know your niche well. Do not jump into selling your products first. Read their content, articles, and discussion threads that you may come across. Do not overlook the loyal blog readers who subscribe to your newsletter, give interesting comments on your posts, or retweet your tweet. Focus on the primary influencers who get you traction. Own them by commenting on their blog posts, reply back on Twitter, respond to their Facebook status updates   and send them emails pitching your products and ideas. Do not underestimate the power of communities.

The more you interact with your influencers, the better you’re amplifying your brand message.

Sell through your Content

Look at the influencers as your potential consumers of your products. The product, in this situation is your content. You can probably apply AIDA’s progressive techniques in sales which incorporates four major factors to consider

Attention: Gain your influencer’s attention with a brief intriguing subject line

Interest: Draw their interests through genuine data and exclusive videos

Desire: Elicit a desire with emotional marketing (content) that most closely reaffirms with your products and audiences’ beliefs

Action: Ensure that your pitch includes the required call-to-actions.

Engage your Influencers

Engage people in your marketing space. Some of the best ways to drive engagement are through forums, groups, or communities. Google+, LinkedIn or Facebook will help you have the pipeline straight to the right people.  But how do you choose among the bazillion groups on LinkedIn or Google+? Make sure that your group

  • Are fit for your market
  • Are actively involved in
  • Have active and engaged members

However, be ready to manage the traffic before you start growing your marketing sphere.

Show some Love and not Business

Leveraging your influencers begins with building a strong bond with your customers. Investing in a superior customer experience and checking how frequently your customers speak about your brand on social media should be a top priority. If required interact directly with the customers, provide loyalty programs, promotional discounts, or create customer advisory board. This gives enough opportunities to encourage positive, organic and authentic sharing about your brand.

Attributes that make the Influencers

Echo: An influencer should be able to mobilize opinion and create reactions when they converse about a topic

Exposure: The size of the influencer’s community in a specific area is an important attribute to consider

Share of voice: influencer’s degree of participation on a given subject matter is a significant factor to regard.

You’ve Enough Reasons to Pay More Attention to the Influencers

Influence Marketing for Better Targeting

Word-of-mouth is the best searchlight that goes through every social network to find the most interested consumers.

Advanced SEO with Influence Marketing

By interacting with Facebook users and influencing their networks, marketers are able to reach a new group full of qualified prospective.

Influencers Affect Decision Making Process

Preferences or decisions coming from friends, families and social media networks always have a strong impact on the buyer’s purchase decisions.

Companies who understand the value of influence marketing stand to gain if they plan and execute well.

 

 

The post Influencer Marketing to Spread your Brand’s Identity appeared first on Small Business Can.

Start-up Story: Grant & Leng

Our Business

Grant & Leng is a Chinese business services company. We provide startups and small businesses in the UK & Ireland the services need to do business in China. The services we provide range from translation and localisation of documents, software applications, sourcing and selling products in china, setting up a business in China, investment sourcing, visas, market research, marketing, language and cultural training.

The benefits we bring to customers is an easy, hassle free way of doing business in China and engaging with a 500 million consumer market (same population as the EU). The main barrier we find is the language and culture. So we provide custom training to organisations to help in this area as well as using market research to help our clients on the ground in China find out if their business is viable there. We target startups and SMEs as we provide competitive prices that will not break the bank.

Why did we start it

We started up as within the UK & Ireland the governments in all regions are pushing businesses towards China. China is seen as the next big economy after the US. Most products we use today are made in China and the economy there is moving from a manufacturing to services economy. This may take 10 years but now is a good time for foreign companies to adapt to the Chinese way of doing business.

We also have in our strategy to help adapt markets such as the tourism industry in UK & Ireland towards Chinese tourists. The Chinese government themselves estimate there will be around 500-600 million Chinese tourists globally per year by 2017. We therefore need our hotels, tourist attractions and restaurants to adapt to this market and attract them. Simple things such as website and leaflets translated into Chinese would make tourists more likely to visit. The UK & Irish governments have helped in this manner by agreeing a joint visa scheme to allow Chinese tourists to get one visa and visit each others countries.

Where do we see it going

We see our business developing and expanding through the UK & Ireland. We have setup in Belfast to access the Northern Ireland market but also have obtained clients in the Republic of Ireland and Great Britain. Our position in Northern Ireland allows for this flexibility. We see ourselves opening offices in the future in Dublin and possibly London.

We are continuously partnering with Chinese companies that help startups and do work in IT and manufcaturing. We hope for this to increase so we have a wide range of contacts in China to help all types of business expand there or source products there.

How to grow

To grow we need to change attitudes. Talking to businesses there is an attitude that China is too far away to do business there and its too corrupt. In today’s global world no where is too far away. Businesses tend to focus more on the EU and US market as they are safe in their view in relation to culture and language in most cases. We want to break this attitude. With the required help from our company we can take the language and cultural elements out of the equation and get the businesses right in and working with China. Being there to support our clients we hope they will change their mindset towards doing business there.

What have we learnt

As we started the business we learned that the new methods always mentioned in the media such as facebook, twitter etc maybe a good way to advertise your business and get clients. But having events and talking face to face with potential clients is still the best way. You need to be seen to get your name known, just sitting putting tweets out and creating facebook profiles will not show the true business.

Tips for other businesspeople starting out

Make sure and have your business planned out. Don’t be starting your business then make up what your doing along the way. As when your talking to potential clients in meetings they will get the feeling you haven’t thought your business through very well. Always have a clear aim and stick to it, read it through in your head everyday to keep that aim a priority. When you reach that aim you will know you have succeeded.

Written by Davy Grant. For more information about this business please visit http://www.grantleng.co.uk. You can share your start-up story too – follow this link.

 

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Startups! How to Write a Press Release (please!)

For your benefit and ours, here are some tips on how to make it easier to get yourself media coverage.

https://twitter.com/Irish_TechNews/status/600795697529659393/photo/1

We love startups, we’re here to help. Irish Tech News is growing, and growing. We are getting more and more press releases. Some are great, some are, well, here are some notes to help you, and us. Thanks a million!

1. Yes to great images, at high resolution. No to pixellated, pdf embedded images. If you can’t be bothered to promote yourself well, why should any one else.

2. Answer the who, what, why, when, where, how questions. We have had press releases that leave more questions unanswered than a murder mystery book.

3. No caps in title, ITS SHOUTING, if your title and story are compelling enough you will entice people’s interest. Not by shouting at them.

4. No long, boring, quotes from politicians. If your product is good enough, then you tell us why. Politicians are always going to say nice, long, roundabout things about everything, you, your product, everything and the weather too.

5. What problem have you solved? Tell us please. You launching a startup or a product is not actually that interesting to anyone else. Unless you can tell me why you’ve done something interesting / helpful / useful to me, or someone I care about, somewhere in the world.

6. Use simple language. You may want to show how smart you are, but using jargon, and TLA’s (three letter acronyms, or 2 or 4 LA’s) just loses your audience. It’s actually smarter to be able to explain your product in plain English. If you can’t, then …

7. Less is more. 500 – 700 words is plenty. Possibly even too much.

8. Give us a headline. We may not use it, but at least you’ve given us an idea of what your 3 second pitch is, yes our attention span is getting shorter and shorter.

9. We like explainer videos. So do our readers, include links to them. And if you don’t have them, point that smart phone back at yourself, and make even a basic 60 second one. You never know, it might just go viral.

https://twitter.com/Irish_TechNews/status/600795697529659393/photo/1

10. Please give us your social media details, and for accounts that you actually still use and care about. People will read these articles about you, and some will even click on the links. It may sound weird, but we have the data to prove it.

11. If you hadn’t guessed already, humour is great too. Don’t sweat it, better to be clear, but if you can be funny, you might just make our day too. Thanks. And if you haven’t seen this one, then join the 33 million who have.

https://twitter.com/Irish_TechNews/status/600795697529659393/photo/1

By @SimonCocking

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