Tips for Effective Communication
Effective communication is essential to ones career growth. It includes both conveying messages clearly and receiving messages clearly from others. Communications skills help you when presenting a weekly report to your team, completing a sales call to a possible client, emailing your boss, or chatting with coworkers. Although each situation requires a unique approach, there are some general communication tips that apply to all types of audiences.
Tip #1: Know the topic you are discussing. If you are giving a speech to a large group of people, be sure you are familiar with the subject. Or if you are sending an email to your boss, be sure to understand what you are asking or discussing. Your audience can easily pick up on a lack of knowledge and will not value your communication if detected.
Tip #2: Know the audience. There is a big difference speaking to a work friend in the break room and discussing a deal with a customer. You want to adapt to the situation and match your communication to the level that is needed. Not to say you should change who you are but understand that what you know and do not know about the audience. Are they knowledgeable on the topic? Do they have cultural differences? What are their expectations from you? How much do they know about you? These are the types of questions you want to ask yourself before deciding on a communication technique.
Tip #3: Use the right communication channel. These include face to face, telephone, video conference, and written (email, letter, memo, etc). If you are discussing a confidential topic, you would want to be sure you use a method that reaches only a qualified audience. If you are reporting on a long, in depth subject, a phone call might not allow proper interaction. Maybe graphs or displays would work better in a face to face meeting.
Tip #4: Be to the point, positive, and polite. Do not ramble on about unnecessary information or personal references when they are not needed because the audience will become distracted. Reflect the news, even if bad news, in a positive light. If you begin speaking negatively, people tend to get their back up or become worried about the topic. They will then pay less attention to whatever else you have to discuss. And, always remember your manners, they go a long way. An audience will become more receptive if they are treated well and feel respected. Being rude will create an instant barrier that is tough to get through.
Tip #5: Listen. Communication is not just about you talking, it is receiving information and feedback from others. Whether you ask a question and the audience is answering, you send an email and the recipient I responding, or you are getting the opinion of others in a team meeting, be sure to listen fully. If you do not comprehend what they say, ask questions or for them to repeat it. Listening will help you clearly understand your audience so that they will clearly understand you.
Communication skills can be learned overtime through your experiences or you can take part in a communication skills training. Many businesses or organizations offer training to their employees or members so that they can present themselves effectively.
Using the Power of Networking for Your Small Business
Networking is one of the most crucial skills any start-up entrepreneur must have. It is an effective and inexpensive way to grow your business by meeting the key people who could become your clients, suppliers and support systems.
In fact, networking is the best marketing device of even the most cash-strapped home-based entrepreneur. It is based on an inexpensive endeavor using a simple skill: talking. As a result, networking is also referred to as “word-of-mouth marketing” because it is based on talking to people about what you do and listening to find out how to serve them. The best networkers do not even know that they are networking – they are simply being good conversationalists; adept at becoming visible; talking and responding, and getting to know people.
However, many people are put-off with the idea of networking. Some view the practice akin to “politicking” requiring an extremely outgoing personality willing to approach anyone who would care to listen. Many start-up entrepreneurs also have a hard time approaching other people – particularly strangers – about their business. It may be the fear of speaking out to a total stranger, or the fear of coming on too strong or aggressive. Others let their insecurities take the better or them, while some people fail to network simply because of laziness. As a result, many formal gatherings and social situations become lost opportunities to spread the word about their business.
Everyone you meet is a potential customer or a valuable contact. Well, maybe not the old lady you met in the library if you are selling shaving cream. But then again, that old lady may have a husband, son or nephew who could use your product. Marketing is simply spreading the word around, and it is a big loss if you continuously pass up opportunities for networking.
Schmoozing pays. In fact, the growth of any business is directly correlated to the number of people who knows about it. Doing more of networking allows you to develop more contacts in your field and to exchange information with your prospects. It can help you find out the concerns of your prospects and who is fulfilling them; what’s happening in your industry; and who needs what and who offers what. It is basically an entrepreneur’s tool for relationship building.
Successful networking entails harnessing your people skills. But it doesn’t happen overnight, particularly for those who are not natural social butterflies. It requires careful orchestration and good manners, too. Here are several steps to help you become an effective networker:
1. Prepare a plan. Networking goes beyond greeting people. You need to prepare a step-by-step plan for how you’ll build relationships and how you can effectively tell your story. It entails getting to know people who will either do business with you or can introduce you to people who will. When people ask you what you do, make sure you have a clever opening line to introduce yourself and your business.
2. Use social networking sites. LinkedIn http://www.linkedin.com , Facebook http://www.facebook.com and even the microblogging site Twitter http://www.twitter.com are excellent venues for virtual networking. Whether you are looking for potential partners, web site or blog contributors, or strategic partnership opportunities, these social networking sites allow you to expand and nurture your network in the comfort of your computer screen. LinkedIn, in particular, is most suited for professional networking as you can easily see the work and business background of the person.
3. Learn to communicate more easily. To be a good networker, you need to work on your ability to make small talk. You need to be able to articulate what you do in clear, easily understandable, and memorable way. Imagine yourself in a cocktail party or industry luncheon full of potential prospects. Set a goal of meeting at least two people in one event, slowly increasing the number as you become more comfortable with the art of schmoozing. Once you are at an event, do not stand around with appetizers in hand waiting for other people to approach you. Go out, head straight to people you do not know, and start a conversation. This will help you gain the interpersonal communication skills that you need. You will defeat the purpose of networking if you continuously stick with familiar faces. Get interested in what others are offering or saying without being abrasive. Good networkers are good listeners, too.
4. Identify your prospects. Know your most likely market, and learn where you will find them. Research as much as you can from the ideal prospects for your business. How do they get their information? Do they live nearby? What activities do they participate in? What organizations do they belong to? The more you know about your customers, the easier you can reach them.
5. Start with people you know. Look at your roster of friends, colleagues, acquaintances, and people you have come across in your lifetime. From among your friends, identify whom you think might be able to help you the most.
6. Get involved. A key to successful networking is to get involved and grow your people skills. Participate in organizations, events, professional groups and social clubs that offer opportunities for you to meet and greet. Participate in numerous networking groups, join your chamber of commerce, and attend conferences and training seminars. With the advent of the Internet, you can also network in online newsgroups and discussion boards. The key is to list every opportunity to network and develop win-win relationships with your contacts.
7. Make networking a part of you. Make it a point to meet new people wherever you go – whether you are on the plane, waiting in line at the bank, or fetching your child from school. Be generous in giving away your business cards, it’s an effective selling technique.
An established business has the luxury of satisfied customers spreading the word about the business. Until your business is self-sustaining, you need to start opening your mouth, spreading the word about your venture to all your friends, relatives, acquaintances, then later on, even strangers.
by Isabel M. Isidro Brought to you by DLDESIGNSONLINE.COM
Overcoming Fears in Business
“Your greatest obstacle to success is yourself, it’s fear of failure”.
~Bert Martinez
Every new or struggling business owner wants to know how to manage their fears, particularly nowadays. Check out this list of easy ways to overcome your fears:
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You have to keep in mind that a large number of successful business were started during economic downturns, it drives out your competition and forces business owners to concentrate on keeping cost down and creating a leaner, meaner, more efficient business.
Thank you,
Justin Pesta
Vanguard Financial LLC
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As a recovering alcoholic, I have found that most fear is unfounded and grounded in my brain from childhood. Let me prove a point. Picture yourself hanging from a branch and I ask you to look down. Now I ask you, “How far off the ground are you?” Most people would say anywhere from 20 feet to miles. The point is that you are probably only 2-3 feet off the ground as an adult but your brain still recalls your childhood experiences. Getting over fear requires a strong belief in faith and that no one wants us to fail. Even the odds are against succeeding, who cares? Someone has to win. It might as well as be you.
Jeffrey Taylor
4844 E Andora Dr
Scottsdale, AZ 85254
http://booksbyjeffreytaylor.com
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I have started several high tech businesses in both Atlanta and Silicon Valley. Each time, there was fear and doubt. No amount of education, training, preparation or research will remove the lingering doubt…real entrepreneurs know and come to respect fear of failure. However, fear has to be used wisely and not left to run amok.
Here is the process I have used that seemed to help me overcome fear – I am also counseled other entrepreneurs on this over the years. First, when I am conceiving an idea for a business, I try to see if I can become emotionally involved in the idea – does it excite me, do I think it is something that will benefit people – do some good. This is very important and is the fuel for many entrepreneurs. Second, as I move into the data gathering mode, I attempt to remain completely neutral on the concept – really trying to listen as I do my research (both primary and secondary). I attempt to hear all points of view, get as much hard data as I can and apply as much rigor to the process as possible. Finally, in the final phase, before any commitment is taken on my part, I try to KILL THE IDEA. I spend quite a bit of time in this phase – asking people hard questions, going back over all of my data, seeking counsel from wise friends and business associates – asking them to please help me STOP NOW before I waste money and time. If at the end of this process (and there is no time limit – but as quickly as possible), I am still excited about the idea (or some variety thereof), I will proceed to the strategy development/development/implementation modes. I will also proceed without fear. My experience has taught me that fear has its place in the entrepreneurial process but not once the entrepreneur has made the commitment to move forward – fear at this point is a drag on the effort and hinders the chances of success. Fear is always “in the room”, so to speak but it is not “invited to the table”, once the decision to move forward has been made. Mental discipline and really understanding the entrepreneurial process is required.
Thank You and God Bless.
James D. Grady (Jim)
President/CEO
The Monticello Corporation
makers of The Paper Tiger software
Atlanta, GA
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“Once we drop from fear’s influence, a world of new possibilities emerges.”
Gayle A. Gregory – Author,
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Worry does not affect the outcome. And… nothing happens until you move. So, get a grip on your concerns, conduct the due diligence to determine whether your action is warranted, then take the initiative and move forward. The depression spawned many new movements in this country. Each entrepreneur needs to plan out his/her steps, then work the plan. This may be that person’s distinct contribution, so it is essential that they move.
Paul O. Radde. Ph.D.
Thrival Systems(R)
DrPaul@Thrival.com
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I’m a small business owner, speaker, and author based in Conyers, Georgia. I started my business in 2004 after resigning from a full-time job as a web database developer. I didn’t know the first thing about starting a business or marketing it for that matter. I was very fearful but I didnt let the fear stop me. Instead, I let the fear drive me toward my goal by embracing it. Whenever I wanted to give up, I would read inspirational stories about other successful entrepreneurs who started with nothing and went on to be something such as Fred DeLuca, Truett Cathy, Michael Dell, and others. I also prayed to God a lot and built up my spiritual inner man so that I could not only have confidence in God but also in myself and my abilities. Lastly, I began associating with successful people which made me begin to visualize myself as successful. I began to develop the failure is not an option mantra.
Fear is a good thing but can become bad when we let it paralyze us and stop us from moving in the right direction. I hope that this can help other entrepreneurs as they battle with fear.
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Lisa Sims
Author, Stretching A Dollar To Save And Make Thousands: An Entrepreneurs Guide To Doing More With Less
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“Do the thing you fear and the fear will disappear.”
David J. Schwartz, American Trainer Author of The Magic of Thinking Big
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During that time I have found ways to turn fear into my finest friend. My current best understanding, since this too is constantly evolving, comes in three parts.
1. Stop and pay attention to your thoughts and fearful thinking. This is called thought awareness. Slow down long enough to see what is really going on inside.
2. Let curiosity guide you. Get excited about learning everything you can about your fears. They stop you. They determine your success. They can be your friend and will teach you everything you need to know in order to engage life in a healthy and successful way.
3. Once seen, acknowledge your fears and limiting thoughts as aspects of who you are. Yes, the fears are present. Yes, they feel uncomfortable. Welcome them without agenda. Don’t play nice in order to get them to leave. Allow yourself to accept that they might stick around forever. Ugh! Yes, even that. Anything less than full acceptance of the fearful thoughts and beliefs empowers the fear and keeps it firmly in control.
We can distract ourselves with visions of a better life. We can envision letting go of the fear in innumerable ways. We can attempt to think only positive thoughts (great idea but impossible to put into practice). All of these tactics appear to work – and then the fear reappears in the same form or another. Or we can meet our fear once and for all, get to know it, and understand its real message. Fear is a gift that will help us heal all the ways we hold each other and ourselves as small. It has a lot to offer.
Gayle A. Gregory
Workplace Evolution, Common Sense for Uncommon Times
www.workplaceevolution.com
Three Best Ways to Improve Your Online Reputation
Great article in The Wall Street Journal | Small Business By RAYMUND FLANDEZ –
These days, a great danger lurks just a few clicks away: the online review. By Googling your company’s name, anyone can read and track your business’s performance – including missteps, poor service or less-than-stellar products.
Protecting your company’s reputation is now a 24-hour vigil. Negative reviews – whether they’re merited or not – can turn away potential customers and vendors, and reflect badly on your company’s brand.
The good news is that small-business owners can be proactive in securing positive reviews by asking satisfied customers to share their experiences. But what if it’s already too late?
Here are the three best ways to improve your online reputation:
1. Reach out immediately to dissatisfied reviewers. Their negative comments don’t need to be the end of the conversation. Small-business owners should attempt a dialogue, experts say, as complainers might improve the review or take down the post. Oguz Ucanlar, president of SpaForever LLC in Chicago, managed to turn around bad reviews on Yelp.com by contacting the aggrieved posters. He apologized, explained the situation and offered the reviewers discounts or a free massage. The result? One bad review was deleted, and the spa’s overall rating went up. “I take it really seriously,” he says. It also helps that Yelp now allows business owners to respond publicly to any customer comment, giving others a window into how the business treats its most finicky customers.
When a bad review surfaces, an apology goes a long way, says Lisa Barone, co-founder of Outspoken Media Inc., a Spring Hill, Fla., Internet marketing company. “Most people just want to be heard,” she says. “They just want to know you’re listening and you care, and that you’re going to try and fix it.”
Keep in mind that a negative review can sometimes be helpful. Case in point: an online customer of Nationwide Candy LLC of Albuquerque, N.M., complained after she received the wrong bubblegum product. Turns out, the candy wholesaler had posted an incorrect image on its site. “It just casted a bad image on us,” says Ken Hanson, its general manager, who immediately corrected the error.
2. Flood search engines with content you can control. Use digital media’s reach to your full advantage, says Evan Bailyn, founder of First Page Sage LLC, a New York search engine optimization company. Mr. Bailyn says he often helps clients put “good publicity on top to knock bad publicity off the first page” of search engine results. To do that, he suggests releasing press releases through prnewswire.com or pr.com and building Twitter, Facebook and YouTube accounts since these social-media sites show up high on search results. “The overall strategy is inundating the Google results with as much good or neutral content as possible so that the bad seems like an anomaly,” Mr. Bailyn says.
3. Appeal to bloggers to review your company or your product. Getting others to weigh in can be an effective way to generate neutral or positive reviews to counteract negative ones. Influential bloggers in your niche market can bring instant credibility to a company. If you already know bloggers in your industry, read or reach others by simply scanning their blogrolls, a handy list (typically placed in the sidebar) of potential contacts. Alert them to news about your product or service as a first step in building the relationship.
While it’s controversial, some business owners say they’ve improved their reputations through sponsored blog posts. Netfirms Inc., a Web-hosting company in Markham, Ontario, is paying $10,000 to SocialSpark.com, a marketplace for paid reviewers, and to about 60 bloggers to write 200-word reviews of its new Twitter service. “The more positive feedback that we can have, the better,” says Dan Feferman, its product specialist and community manager. Other sites to consider are PayPerPost.com, SponsoredReviews.com and ReviewMe.com, Mr. Bailyn says. Costs can range from $15 to $150 per posting. While some business owners liken sponsored posts to traditional ads, keep in mind you could turn off potential customers. To prevent that, make sure the blog post contains a disclosure that it’s a paid or sponsored review.
Write to Raymund Flandez at raymund.flandez@wsj.com
5 Steps to Creating a Profitable Niche for Your Small Business
Focusing on untapped niche opportunities is often the best approach for a small business. Success is easier to attain if the small business focuses on a more specific and smaller area of its target market, especially during the start-up period, instead of covering the entire spectrum of a particular market. 
Today’s business environment is so competitive that a cash-strapped small business best bet is to focus on developing niche products where competition from large firms are not nearly as large.
Take the online auction market. With the market dominated by the giant company eBay, smaller start-ups are specializing and concentrating in a specific segment that the big players may not be serving well. There’s Playle.com focusing on the online trading of vintage postcards, stamps and other collectibles. Bid4parts.com is an auction site for automobile, parts and accessories. Bidz.com specializes in jewelry and accessories. PotteryAuction.com deals exclusively with potteries. WineBid.com is an auction site for rare and fine wines.
Why does niche marketing make sense for a small business? You are able to more clearly define what you – and it is easier for your prospects to understand exactly what you know. By having a specialty, you are able to demonstrate a clearer and precise image. The narrower your niche, the easier your chances of establishing yourself as the authority in that niche and for people to perceive you as the expert. Also, the easier it is for clients, prospects and referral sources to remember exactly what you do.
The more narrow your niche — and the more effective your marketing program — the more your business will soar. It’s no exaggeration to say that when you focus on one narrow niche, the sky’s the limit.
Here’s how you can create and profit from your own unique niche:
Step 1. Determine the approach you want to pursue. You can decide on your business approach in three ways: by the services you offer, by the types of customers you want, or by a combination of both providing certain types of services to certain types of clients. It is important to get a clear idea of exactly whom you want to serve and what you want to do for them.
Using the online auction business example above, you may decide to provide person-to-person auctions where you mostly deal with individuals (although some companies are also joining in the auction game). Or you may engage in commercial auctions, which feature companies selling their products in an auction format. Another type you can focus on is real-time Webcasts, which are live auctions that are broadcast to the Internet and participants can bid either from the auction premises or from the Web.
You can also choose to focus on the types of customers you want to serve. Do you want to work with coin enthusiasts? Or do you want to provide auction services for car lovers and users? Do you want to focus on customers engaged in the buying or selling of jewelry? Or do you want to focus on people who want to trade in high-brow art?
Another possible approach is to combine your choices. You can approach your online auction service by providing a particular type of service to a particular types of clients. For example, you can choose to focus on an online auction website for antique traders in the United States, or an exclusive auction website for the high-end wine dealers.
Step 2: Create a new playing field. It is important to define your unique selling proposition that will define your competitive advantage. You need to identify what makes you different from your competitors and emphasize these advantages in your marketing. Avoid the generic trap, where potential customers see you business as just one of these online dating websites.
Differentiate your business. What sets you apart from your competitors? What makes your business special that customers should come to you instead of other sites offering dating services?
Step 3: Describe your niche or area of specialization. After careful thought deciding on your niche, it is time to give it a name. The term you describe your niche should strike a balance between the need to set you apart from your competitors and to accurately describe your marketing process in terms your customers can relate and understand. Use fact-oriented descriptive words, instead of using fluff, hyperbole or combinations of nonsensical words.
The name you choose should describe your niche as accurately as possible, while making sure that the name is broad enough to encompass all the services that you offer.
Step 4. Actively market your new niche. What good is going through the difficult process of creating your own niche if nobody knows that such a niche exists? Get out there and let your prospects know that there is such a thing as your niche. Let them know that this new niche offered by your business is exactly what they need and what they have been looking for. Create the want for your niche.
Be prepared, though, to spend time educating your target market. Given the newness of your niche, your potential customers may not know what your niche is all about. They may not understand that your niche offers everything they need. Be willing to spend time and resources educating your target market.
Step 5. Integrate your new niche in your marketing messages. The last step is to instill validity in your new niche. Your prospects (and even your competitors) should be led to understand that this new niche is for real; that it exists and genuine. They need to take your newly created niche seriously, and not think that the niche is just some made-up fragment of an entrepreneur’s wild imagination.
To achieve credibility, you need to reflect your new niche in all your marketing materials. It should be clearly mentioned, even highlighted, in your brochures, websites, advertising campaigns, and press releases, even in your business cards. Constantly reinforce the message about your new niche, and how it can benefit your target market. Think of your new niche as your sound bite that you need to repeat over and over again, if only to make sure that your audience actually “gets it.”
Your new niche can offer you the strongest competitive position in your market, and paves your road to entrepreneurial success. By creating your own niche, you are able to portray the role of a pioneer and an authority in your area.
So how do you know your new niche is right? Of course, your prospects flock to buy your products or hire your services because you are different from the rest of the pack and you are offering potential customers exactly what they want.
by George Rodriguez. Brought to you by DLDesignsOnline.com
Are you the victim?
Are you a victor or victim? I’m against being a victim cause victims sound weak. Sales can make anyone turn into a victim easily because sales people to overcome a lot crap. Victims are avoided after a while. Victims are seldom listened to because the have lost their credibility. Victims are never respected. And in general, nobody wants to hang around with victims. Well, except for other victims, of course, because like attracts like.
Just think for a moment about what you say when something doesn’t go your way or rather the way you act it. Review the last experience when you a big sale. Think for a moment about how and what you said to yourself, the body language you used and your tonality. If any of those reactions or responses contain victim like attitude, like whining, put downs, – stop it or you’ll become a victim.
You see the your goal is for you to become a victorious sales person whether or not you close the sale. Victors don’t whine. Victors learn, they overcome, they master themselves. It’s easy to up beat when life is going your way, but guess what the BIG profits are in the problems.
Seven Strategies for Sales Success
Two common questions that I hear all the time, what do I need to learn to succeed in sales and what do I need to do to succeed sales? Here are a few strategies of sale success.
Succeeding in sales is a learnable skill. Being poor in sales is a learnable skill.
Number one; grow your people skills – remember the customer buys you first. Sell yourself before you even try to sell your company or your product. The client looks to you for assurances and trust.
Number two; sell the benefits – make a list of your benefits that your competition does not have. Use questions that your competition does not ask is good strategy.
Number three; master the objections – there are no new objections so get rid of the existing ones. Make a list of the objections that you hear over and over again. Not interested. Happy with present provider. No budget. Better offer from your competition, etc. And role play the answers.
Number four; target your ideal customer – Make a list of your ideal customer’s traits, B credit, 5-10 employees, 5 plus years in business, 3 plus locations. Make a list of the prospects that match those traits, contact only those “ideal” prospects. It’s a smaller but better list.
Number five; be, do, have –BE a student of sales, never stop learning. This is how I mastered sales. After you learned a new technique, DO it – role play it with friends and associates, teaching is a great to role play it too. Then use it that day. Doing leads to HAVING and the more skills you HAVE the faster you be come a master of your craft. Remember to adapt what you’ve learn to your personality style.
Number six; how you feel is more important than what you know – you heard it before “ attitude is everything” learn how YOU keep a positive attitude, what triggers attitude changes in YOU. Study emotional strategies every morning. The secret to attaining sales success is how you feel about money, yourself, sales, and success. Rich sales people are rich because how the feel, broke sales people are broke because how the feel.
Number seven; save money – this was a big turning point for me, when I started to save just 10% of my income. The savings created peace and confidence that comes with knowing that you have thousands of dollars in the bank. I’ve met hundreds of good and broke sales people, they spend everything they make. Begin with saving 10% of your income and get to the point that you can save 20% or more.
Here’s a final thought. Succeeding in sales is a learnable skill. Losing at sales is a learnable skill. Getting ahead is a result of doing certain things over and over again. And you are in charge. You decide how much you want to succeed by remembering 6 words. “Repetition is the mother of skill.”
Let me ask you – if I blind-folded you and placed you in a dark room and asked you to tie your shoes could you do it? Why? Because you repeated the shoe-tying process a zillion times, right? Again mastering sales takes repetition to master the skills.
Business Owners Try to Motivate Employees
Wall Street Journal | Small Business By SARAH E. NEEDLEMAN – JANUARY 14, 2010
As Recession Lingers, Managers Hold Meetings and Change Hiring Practices to Alleviate Workers’ Stress
Some business owners say their employees—after months of dealing with layoff worries, wage cuts or scaled-back hours—are stressed out and in need of extra attention.
In November, Nancy Jackson was able to hire a new full-time salesperson for the company she co-owns, Architectural Systems Inc. in New York, but found herself facing an angry 19-person staff. “I couldn’t believe their reaction,” she says. Just a few months earlier, some had seen their workweeks reduced or salaries scaled back; two colleagues had been laid off.
Architectural Systems Inc.
Nancy Jackson, center, and Ron Jackson, left, co-founders of Architectural Systems Inc., met with employees to discuss hiring changes at the New York firm.
To mitigate the situation, Ms. Jackson quickly called a meeting to explain that beefing up the firm’s sales force was a necessary first step for making a companywide recovery. Meanwhile, she has since gone about hiring differently, she says, bringing on a new marketing associate as a temporary part-time employee, rather than a full-time staff member, so as not to rile her team. “There’s been a lot of emotional hand-holding here that we’ve never had to do before,” she says.
As the recession lingers, business owners are finding it necessary to take extra steps to make employees feel valued. They say their efforts—many of which cost little or nothing—are critical for maintaining employee productivity, confidence and satisfaction.
“Your employees are being bombarded with doom and gloom,” says Bert Martinez, a small-business adviser in Houston. “If there’s anything you can do to make your employees feel secure and that they’re important, they’re going to work better.”
What’s more, making strides now could help reduce turnover when the job market recovers. A recent Conference Board survey of 5,000 U.S. households showed that just 45% of respondents are satisfied with their jobs, down from 61% in 1987, the first year the survey was conducted.
To show appreciation for her five employees, Elise Lelon, owner of The You Business LLC, a leadership-consulting firm in New York, says she upgraded their job titles. “It doesn’t cost me anything and it makes them feel good,” she says. “You’ve got to think outside the money box when it comes to motivating your employees in this economic environment.”
Ms. Lelon says workers tend to value senior titles like “director” and “manager” because these can make their résumés more robust. “I have two housewives who were high-powered women before they settled down and had families,” she says. “We crafted titles and roles that offer them more continuity. As a result, they feel as if they haven’t missed a beat with their careers.”
The You Business LLC
Elise Lelon, right, upgraded job titles to motivate employees at her consulting firm, The You Business LLC.
Ms. Lelon pulled other levers as well. For example, she granted her staff the option to work remotely and at hours of their choosing, including nights and weekends. “Autonomy is worth a lot to people,” she says. “This creates an entrepreneurial environment for them.”
And because she didn’t give out pay raises last year, Ms. Lelon says she created a generous bonus-incentive program tied to the amount of revenue her employees generate for the firm. “It gets their juices flowing and it helps the business grow,” she says. “Today, it’s all about switching fixed costs to variable costs whenever possible.”
Christopher Mills, co-owner of Prime Debt Services, a debt-management firm in Dallas, took another approach. Last spring, he began meeting privately with his 14 employees once a week to let them vent, share ideas or just shoot the breeze. “I found the more I listened, the better they pepped up,” he says. “It takes time from me, but it’s worth it.”
Mr. Mills says he has gained valuable information from the get-togethers. For example, an employee once explained that he and some colleagues were upset because the prior week’s sales leads hadn’t been distributed evenly as usual. “It looked like all of a sudden we were playing favorites,” he says.
Immediately after, Mr. Mills met with his sales team to explain that what happened was a mistake, thus avoiding “a huge mutiny,” he says. “When they get it off their chests and realize I do care, it becomes my problem to solve. I can address it and they can go about their day being productive.”
Mr. Mills has also been showing his staff appreciation by preparing them a breakfast of waffles, bacon and coffee every Wednesday. “It’s one less thing on their to-do list.”
Write to Sarah E. Needleman at sarah.needleman@wsj.com
Sales Training Can Show You Ways to Increase Sales
There are many advantages to engaging in sales training. An experienced sales trainer can teach you techniques on how to prospect customers, sell the customer, and maintain fruitful relationships with customers, which will lead to additional sales. Just being in the presence of a sales coach can greatly improve your own awareness. What are some examples? Read on to alert yourself of five ways to increase sales this year.
- Study your competitors closely. How do your products and services look in comparison to what your competition offers? Look for ways to distinguish yourself from them as well as ways to angle your products and services in a better way.
- Good salespeople know their products and services very well. Beyond this, sales training will teach you to begin to learn how to read people well and how to predict their actions as well as general trends they partake in. Knowing your products and services is only the half of it; you must realize how your customers can relate and benefit from what you have to offer.
- Increase your reputation in your field. Focus on becoming a recognized ‘expert’ in your industry. This is part of building your name and your company’s brand name. Customers will learn to keep your name and that of your company in mind next time they are in need of services.
- Make your business a presence on the Web. Many shoppers now rely on the internet to find desired goods and services. Maintain a company Web site and look for ways to promote it within search engine results. Purchasing ad space on the search engines such as Google and Yahoo as well as devoting time to SEO (search engine optimization) strategies are two ways to increase your company’s online visibility.
- A sales coach will help you understand the potential of word-of-mouth marketing. Many companies devote large sums of money each month towards advertising and marketing. You can decrease the amount of money needed to spend on such things by searching for ways to spread the word about your company. Asking current clients to refer you to others in compensation of some kind of reward is just one way to facilitate the process.
Boosting Holiday Sales – 5 Mistakes to Avoid
The new holiday season has arrived, and you still don’t have a marketing plan to reach out to new or existing customers. Wondering why the same holidays seem to sneak up on us every single year? As we try to prepare ourselves for own family, shopping, gift giving and travel, it’s no wonder we often forget about our businesses marketing during all the holiday chaos.
It’s quite common for business owners to freeze their marketing efforts over the holiday season with the notion that they’re going to start strong in the new year; little do they know, however, just how many opportunities have passed them by.
The holidays can be the best time to bring in new business and reconnect with current clients and customers. The holidays are not just for brick-and-mortar stores; it can also help your business by boosting revenue and customer loyalty before the end of the year.
Here are the top five holiday marketing mistakes businesses make:
1. No Plans. Your holiday marketing plan should have been planned at the beginning of the year, but now it’s the holiday season, so what do you do? Take some time today to decide what you are going to do and offer for the rest of the holiday season. If it’s just too late, then start planning now for the next holiday. Also establish the habit in 2010 to set a marketing calendar at the beginning of the year that can serve as a blueprint for your marketing plans year round.
2. No Communications. Although the Christmas holiday season is frantic for most, for some businesses it’s actually the slowest and the best time to pick up the phone and make a call for their business. Many business owners mistakenly think that offices are closed or people are too distracted or busy to be bothered. If you choose not to follow up with leads or customers because it’s a busy time of year, you’re making excuses. If it’s not this holiday, it’ll be the New Year, or Valentine’s Day or Spring break, then summer. Now is the best time to market precisely because so many of your competitors don’t.
3. Zero Holiday Offers. Remember any product or service can be repackaged with a holiday offer or theme. Search online to see what other companies are offering; it might spark an idea or two for your business. People, for the most part, love the holiday season; they like to focus on gift giving, vacations and family time. So if you don’t provide a holiday special or offer that helps them with their needs, you are missing a great opportunity.
4. Not Sending Holiday Greetings. Take a few hours out of your day and hand write a holiday greeting card. There are automated systems such as SendOutCards.com where you can design your own card (to add a personal touch) and you can even send a gift with the card, this service will put the postage on the card and send it for you, saving you a trip to the post office. AT the very least send out an email card. Your customers have been loyal, bought from you and supported your business year round; you need to let them know that you are not only thinking about them over the holidays but that you are grateful for their business.
5. Customer Surveys. How are you going to know what worked and didn’t if you don’t ask? Find out what worked and what didn’t, look at your systems and your marketing, and then make improvements and enhance your current offerings. Aweber.com has great online survey templates. Offer a free gifts or discounts to customers who take the time to complete your survey. If you keep doing what you have always done, you’ll keep getting what you’ve always gotten.
Bert Martinez is an International Sales and Business trainer. Martinez specializes in building businesses worldwide using the power of proven marketing and business strategies.