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Off track? Try Getting Reacquainted With Your Purpose

For a significant number of people, staying on task can be one of life’s biggest challenges. Between Facebook, Twitter and easy access to hundreds of movies and TV shows on the Internet, it can sometimes be a marvel that anything gets accomplished. Of course, if your passion is helping businesses engage with their customers through social media then perhaps you are excused from engaging on social media outlets during working hours, but, if not, it may be time to push yourself back on track.

It can be surprisingly easy for your true purpose, the passion that drove you to your work in the first place, to become drowned out by the buzz of daily life. When that happens, will your friend’s tweet about an awesome sale at Target really help you get refocused? Instead of giving in to the impulse to check your email or to watch “just one episode” of your favorite show, take a quiet moment of reflection.

Even if the hubbub and rush of embarking on a new business venture or adjusting your business goals to align more with your personal goals has taken over your life, your true purpose is most likely still somewhere within you. If you feel run over, distracted, frustrated or stressed or have any manner of other things that seem to be holding you back, it might be time to take a much-needed moment of reflection. In a preferably quiet area, close your eyes and remind yourself of your purpose. Have you been true to your purpose and yourself? Are the guiding principles that initially led you to your work still present? If the answer to both of these questions is YES, then all is well to continue on with business as usual. If the answer to either question is NO, then it may be time to make a few changes and get your business back in line with your true purpose.

Working within your own purpose can be one of the most fulfilling adventures in life, but even the most well-intentioned people can eventually lose sight of the path. What may have started out as a profitable or successful endeavor can begin to falter without the purpose-driven push of your passion to keep it on track and to fulfill all of your goals. Luckily, you can think of your purpose as your lifeline — it will always be there to help guide you and your business through both prosperous and difficult times.

Overcoming Obstacles In Business

If you have owned or operated a business for any amount of time, you know that the path to success can be fraught with frustration, setbacks and complication. Obstacles are an inevitable part of any type of business, but how you respond to them is completely in your control–and may play a significant part in your long-term success.

Understanding some of the most common obstacles faced by business owners/operators can help you strategically plan a response if you find yourself in a similar situation. Preparation is key to overcoming some of the most daunting challenges. Some things to consider may include:

  • Pricing confusion is a common challenge faced by business owners. It is important to place a fair value on your goods and services, but one that reflects your talents and quality provided. When determining prices, the profit margin should be the main factor, not emotion.
  • Learning from mistakes is one of the keys to success in the business world. Has your marketing campaign fallen short? Have you released a product that is not profitable? Success requires constant evaluation and adjustment. Do not be afraid to admit that you made a mistake, and implement changes promptly.
  • Stay focused on what you do best. While it may be beneficial to expand and launch new products, it is often best to stay focused on the “bread and butter” of a business. Business owners frequently face difficulties when they have over expended or over estimated their ability to successfully handle new products. Simplicity is a good thing, so do not commit to any venture that does not add overall value to your company.

No matter what type of business you own, you will eventually face challenges of some kind. Resolve to overcoming obstacles with determination, flexibility and a willingness to learn from past mistakes. Understanding how to respond to obstacles can ensure that you emerge on the other side as a smarter business owner.

The Importance of Customer Service

The importance of providing quality customer service may be one of the more underrated keys to business success. Excellent customer service can lead to loyal customers and garner new business through word-of-mouth recommendations. People will often choose to patronize a locally owned and operated business simply because of the attention and care that they receive.

A simple Google search will turn up hundreds of tips for small-business owners, ranging from having a social media presence to developing a strong marketing campaign. While it is always important to attract new customers, it may be even more important to keep them. Providing excellent customer service begins with a passion for the product or service provided and a genuine desire to keep customers happy. Happy customers may be the gateway to business growth and increased profitability.

Employees should be properly trained to provide excellent and personal service. Everyone on staff should understand how to interact with and speak to any customer. All customer or client interaction should be respectful and courteous, even when navigating a complicated or tense situation. Not every situation will be resolved in a way that appeases all parties, but individuals should walk away knowing that their concerns were heard and validated.

It can also be beneficial to ask for feedback. Carefully consider what customers and clients have to say. If negative feedback is given, evaluate what part of the customer experience needs to be improved and implement changes as soon as possible. Learning from mistakes and being responsive to client needs is one of the trademarks of a successful, growing business. It should be noted, a business should provide a seamless and easy online experience as part of a customer service strategy.

Customer service is important for all types of businesses, even those who may not have a storefront or interact with customers face-to-face. Consistency, respect and a genuine excitement for what your business has to offer can create a pattern of happy customers and continued growth.

How To Grow A Service-Based Business

Do you own a service business? Chances are that at some point, you have struggled with securing new customers and finding a marketing plan that accurately conveys the message of your business. The success of these entrepreneurships is based on a personal relationship with customers/clients, and any marketing strategy should reflect what makes this interaction unique and important.

It may seem complex to develop a marketing strategy for a service business, as you are promoting something that is not necessarily tangible or easily quantified, but by considering some of the following factors, it is possible to develop a plan that is effective, yet particularly suited for your targeted market.

  • Get to know your customers. A service business is all about personal interaction. Get to know your customers’ names, be friendly and professional and make a connection. This is something that customers appreciate and remember, leading to a long-term relationship.
  • Set your business apart. What makes your business better than the competition? Provide value through deals, promotions and service bundles. Appeal to your market by offering the best value for the customers’ hard-earned money.
  • Reach out. It is great when a new customer chooses to pay for your services versus those of a competitor, but it is even better when you can secure a long-term relationship with that customer. One of the best ways to establish these types of customer relationships is by maintaining contact. Communicate with your customers, offer incentives for repeat customers and let them know how much you appreciate their business.

The relationship with your customers is the lifeblood of your service business. Build and maintain strong relationships by providing a quality product, as well as developing a marketing strategy that is uniquely suited to your target market. Working with an experienced marketing team can give you the competitive edge that you need to reach new customers and maintain the ones that you already have.

 

Marketing With A Multicultural Approach

Companies and businesses often grapple with the correct way to market to consumers of different ethnic and cultural backgrounds. As the demographics of American consumers are shifting, and will continue to change dramatically, smart businesses will realize that these changes can either offer an opportunity for growth or will result in eventual decline. Minorities make up a huge part of the consumer population, but the challenge lies in how to best reach these groups.

As more consumer markets are made up of millennials, smart businesses will note that almost 50 percent of that generation is non-white. The opportunities to grow by marketing to a multicultural customer base should not be dismissed, but businesses should approach this carefully and thoughtfully.

Multicultural marketing should be centered on demand, not necessarily demographics. This is based on the simple fact that consumers purchase products based on what they need or want, not necessarily their ethnic or cultural identity. For instance, many non-Hispanics buy salsa and many Hispanic consumers enjoy French wine. These are just oversimplified examples of how businesses sometimes miss opportunities by approaching multicultural marketing from the wrong angle.

This is not to say that marketing plans should not attempt to focus on a certain demographic, culture or ethnicity. However, when focusing on a niche market, it is always best to work with an individual who is knowledgeable with the nuances of a successful, hyper-focused marketing plan. For business owners looking to expand their operations, increase profits or engage a currently unreached demographic, it is best to approach this by focusing on demand, not necessarily cultural distinctions.

Reach new customers by being smart and intentional. Break into multicultural markets with a strategy developed specifically for your business and your brand. We can help you navigate these complicated factors and develop a plan that will propel you toward increased profitability and new customer volume.

Finding And Sustaining Motivation

 

January typically sees both business owners and individuals in a flurry of activity, making resolutions and eagerly setting out to achieve these new goals. However, change rarely comes easily, and by the time February arrives, many people have already abandoned resolutions for the old, comfortable routine. With one-twelfth of the year already gone, it may be time to refocus on what is important, what needs to change and the most efficient way to accomplish goals.

New Year’s resolutions are great, but goals that will bring about long-term improvement are more important. Finding the motivation to meet these goals can be a tall order, especially as mundane tasks and unexpected frustrations often thwart the most sincere efforts. In these situations, motivation may be scarce, tempting business owners to simply give up on their goals or assume that they may never reach a certain level of success.

In moments of doubt, it can be beneficial to look at the struggles and accomplishments of other successful entrepreneurs, take note of how they overcame diversity and take their words of advice to heart. For example, Mark Cuban, famous billionaire and owner of the Dallas Mavericks, has this to say about the importance of hard work: “Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don’t do it.” A good dose of motivation may come from simply remembering the why of a business and refocusing on who is impacted by the success of a business: employees, family and the community.

Kevin O’Leary, another self-made billionaire has this to say about success, “I have had some great successes and great failures. I think every entrepreneur has. I try to learn from all of them.” Anyone, from a business owner to stay-at-home mom, can benefit from reviewing mistakes and resolving to learn from them. Business owners in particular should constantly evaluate their successes and attempt to derive what made these ideas work. Honest, careful and constant evaluation can be a great motivator.

The price of success is hard work, dedication to the job at hand, and the determination that whether we win or lose, we have applied the best of ourselves to the task at hand.” This quote from Vince Lombardi is a reminder that a lack of motivation or enthusiasm is not an excuse for a poor effort. It is great to feel motivated and excited about a task or goal, but sometimes it is necessary to just do the work and allow the emotional connection to catch up later. 

With approximately 92 percent of the year still left, there is plenty of time to revitalize plans for improvement in 2015. Dig deep to find motivation, move forward and put in the hard work necessary to meet New Year’s goals.

Finding And Reaching Your Target Audience

What is the benefit of a marketing plan if it does not reach the intended audience? Like the metaphorical tree falling in the forest, does it matter if there is no one around to hear it hit the ground? The best laid plans and most detailed marketing campaigns will fail if the right people do not see them.

The foundation of any marketing plan should be to identify the target audience. This is simply determining who you are trying to reach and how you will reach them. Finding the target audience can be as simple as asking a few questions, such as:

Is my business primarily for…

  • …men or women?
  • …commercial clients?
  • …older or younger people?
  • …limited to my geographical area?
  • …those who are already aware of my business and services offered?

The entire purpose behind marketing is to reach the right audience with the right information. For example, a house cleaning business should not waste time and money on marketing that is not centered in the appropriate geographical area. Those who may need help from this type of business are likely busy or working during the day, so it would be relatively futile to invest in a daytime commercial spot on television. Therefore, social media and Internet-based advertising may be optimal.

The above is just one example of how easy it is to completely miss the mark when it comes to reaching a target audience. If you have invested in a marketing blitz that fell flat, spent countless hours following up on dead-end leads or find that you are getting no response from a recent print campaign, it is entirely plausible that you have missed the right people. A brochure in the hands of a 20-something may be useless, simply because most of their research and interaction is done online. However, a well-made brochure can be the perfect way to connect with an elderly potential customer who does not easily navigate the Internet.

Identifying a target audience is crucial. However, the hard part may not lie in the who, but in the how. There is great benefit in having a knowledgeable ally when trying to revive a listless business, jumpstart an income stream for a new company or to simply understand why your marketing plans have not been fruitful. Not only can we help identify your target audience, we can ensure that you have a streamlined, detailed and completely unique method of reaching it.

Connecting with the right group means the difference between life and death in the business world. Let us help get your message to the right people, in the right way.

The Art Of Communication

George Bernard Shaw once said, “The single biggest problem in communication is the illusion that it has taken place.” Communication is the foundation of any relationship, and effective communication is especially vital in the business world. A failure to clearly communicate can lead to misunderstandings with clients and other problems, ultimately resulting in lost opportunities. It is easy to fall into the trap of assuming that you have a clear line of communication with your clients, so it’s beneficial to occasionally evaluate how effectively you are communicating.

There are many benefits to clear communication. It can make your relationships with your clients better, allow for greater employee interaction and improve the overall function of a business. You can improve communication and your relationship with your clients and employees by observing any of the following tips:

  • Want to be heard? Learn to listen. Ask your clients what they want and strive to understand. When you make the effort to simply listen and hear what people are saying, it is a personal investment in others. And in the business world, making good investments may be the key to growth and success.
  • After listening to feedback, have you identified a problem or issue that should be resolved? Make the effort to change what needs to be changed, and people will notice. Simple improvements can have a deep impact and demonstrate your commitment to the needs of your clients.
  • If you are scattered and stressed, it is a reasonable conclusion to assume that your communication methods may be strained. Organize your schedule, manage your time wisely, and by default, you will be present and attentive when speaking to clients, potential customers or employees.
  • Communication does not always have to be speaking face-to-face or a verbal conversation. Consider other methods to reach out to your clients. Besides phone calls and emails, there is a whole new world of social media outlets available. Alternate methods of communication can be effective and demonstrate that you made an intentional effort to be in touch.

Constructive and clear communication is a business skill and may not be one that you possess naturally. This is an important factor in your success and longevity as a business owner. If you need to clear the lines of communication, do it today and get the enjoyable, productive and streamlined work environment you deserve.