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Sales and Marketing

58 Posts
Staying On Message: How to Ensure Your Marketing Channels Speak as One
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Posted by: SBOC Team, Jan 26, 2012

by Sherron Lumley. Who, exactly, are you? Amidst a veritable sea of sales pitches that consumers must navigate daily, that’s the essential question they are trying to answer when it comes to your small business. But if your company’s message is muddied or constantly shifting, connecting with potential customers in a way that reinforces trust and credibility becomes difficult, if not impossible. “The world has changed,” says Sander Flaum, former chairman of Euro RSCG, one of the world’s...
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Know Your Demo: Why Understanding Who Your Customers Are Is Key To Small Business Success
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Posted by: SBOC Team, Jan 18, 2012

by Iris Dorbian. It’s the first lesson of Business 101: If you want your company or product to be a success, you must know your target audience, and more specifically, your customer demographics. Too often a business can struggle and even fail because its corresponding marketing efforts didn’t understand the who, what, when, where, why, and how of their customers make their buying decisions. Ask Important Questions Four years ago, when Derek Christian bought My Maid Service, a small...
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Feedback Loophole: Are Formal Employee Evaluations Worth the Effort?
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Posted by: SBOC Team, Jan 12, 2012

Many small businesses forego formal annual employee evaluations. But, you should think twice. By Sherron Lumley. For many small business owners, employee reviews rarely get a second thought, and when they do they all too often fall into one of two versions—“Way to go!” or “What were you thinking?” For some, their reticence to formal reviews involves the time required. For others, it’s the potential for confrontation and an uncomfortable employer-employee relationship. And then some believe...
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Rainmaking From Online Clouds
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Posted by: SBOC Team, Dec 14, 2011

By Sherron Lumley Bringing in new clients, improving cash flow, and finding new sources of capital are a perennial challenge for every business—for small businesses even more so. But now, thanks to the Internet and social media, entrepreneurs have access to many of the same powerful marketing tools, business networks, and customer groups that were once the private domain of Fortune 500 corporations. The trick, of course, is how to use these new tools correctly. The first step on this...
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Small Business Alliances:  Working Together to Succeed Separately
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Posted by: SBOC Team, Dec 1, 2011

By Sherron Lumley.   Frank DeSantis, owner of DeSantis Photography, has spent 15 years in Philadelphia and Portland building small business alliances to move his commercial photography business forward. “It’s perseverance really and it’s not instant gratification. Business is about developing relationships. I’ve always known that and been open to experimenting,” DeSantis says.   The relationships he refers to amount to a series of informal collaborations, where two or more companies work...
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Charting Your Business’s Success
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Posted by: SBOC Team, Oct 27, 2011

Breakeven Analysis, Pro Forma Forecasting, and Growth Strategy. by Sherron Lumley. New Yorker Douglas Tausik is thinking outside of the box. In 2007, he founded Tropix Technology, a business that sells laptop computers to the East African market, specifically in Uganda. His big idea came from a visit to the area and a discovery that fewer than two percent of the Ugandan population owned a computer. “Our ultimate goal is to provide doctors, teachers, and students with computers,” says...
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Luxury or Low-Price: How Should You Price Your Products and Services?
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Posted by: SBOC Team, Oct 12, 2011

Whether your business leans toward luxury or low-cost, setting the right price for your products is critical to success. by Sherron Lumley. In the exclusive realm of artisanal furniture, Steven Garfield, owner of Steven Garfield Fine Furniture in Stanton, New Jersey, is among the most elite in the country. “When you’re dealing with luxury, it has to be as perfect as humanly possible,” says Garfield, who is currently working on a custom dining suite for the Johnson family, of Johnson &...
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Business Without Borders: How to Effectively Manage Global Business Relationships
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Posted by: SBOC Team, Oct 6, 2011

By Sherron Lumley. Even though a business might be considered small because of its relatively tiny staff, it can still have grand ambitions in today’s global marketplace. Just ask Mark Hilden, president of Dateline Exports. His company, based in the small, rural town of Aurora, Oregon, only employs 18 people, yet it nonetheless exports steel, timber, electrical materials, lighting, and underground utility piping to island countries spread all across the Pacific Ocean. “Our territory is...
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Subscribe to Thrive: Why Subscription-based Business Models Make Good Sense
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Posted by: SBOC Team, Sep 29, 2011

by Robert Lerose. Magazine publishers have known for years that their best source of reader-generated income comes from renewing current subscribers rather than acquiring new ones. Renewal series are cheaper to mount than new subscriber promotions and provide a steady stream of instant cash. More and more businesses in different sectors are discovering that this same subscription-based model makes sense for them and for their bottom line, too. Netflix, Amazon, and even unorthodox companies...
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Going Green, Part II: Growing “green” businesses opportunities
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Posted by: SBOC Team, Sep 22, 2011

By Jen Hickey. This is Part II of our two-part series on green technology and the small business. Part I (click here to read), focuses on the return on investment for green products and technology. More and more people are greening their purchases when it makes sense to do so. The entrepreneur that can provide a green product or service that has clear benefits and can help consumers save money at the same time will find the market wide open. According to a 2007 Simmons study, the number...
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Going Green, Part I: Is the payback worth the investment?
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Posted by: SBOC Team, Sep 21, 2011

By Jen Hickey. The following is Part I of our two-part series on green technology and the small business. Part II (click here to read), focuses on business opportunities catering to the “green” crowd. Situated across the harbor from the gleaming skyscrapers of Lower Manhattan, in the once rough and tumble waterfront of South Brooklyn, Linda Tool has not only survived the continued contraction of New York City’s manufacturing sector (down 8 percent over the last decade) but has expanded,...
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Seasonal Survival: 8 Tips For Getting Your Seasonal Business Off On The Right Foot
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Posted by: SBOC Team, Sep 15, 2011

by Reed Richardson. For those companies that are open only a few months during the year, all the normal obstacles to achieving small business success can be multiplied several times over. Yet a common misconception is that seasonal small business owners have it easier, spending half the year simply relaxing rather than working hard on their ventures. “People think I make money all winter long and then just go golfing all summer, but that’s a big myth,” explains Davey Pitcher, whose...
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Small Business Marketing: Should you conduct webinars?
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Posted by: SBOC Team, Sep 14, 2011

by Robert Lerose. Webinars, or online presentations, are a cost-effective way to generate revenue, build brands, demonstrate products and services, provide leads, and position your company as the authoritative source that customers turn to first. “A lot of [my clients] see 70-percent or 80-percent return on investment and sometimes more,” says Leslie Davidson of Davidson Direct, a longtime consultant and provider of webinars and audio conferences. Prices for setting up and executing...
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Exploring Different Types of Influence
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Posted by: SBOC Team, Sep 12, 2011

There is a lot of disagreement about what’s meant by the term “influence.”   In the old bricks-and-mortar world, influence referred to the ability to sway people’s beliefs or actions.  The people wielding the influence were usually recognizable names. Defining Influence Influence in the online world still has to do with impacting behavior, but influencers – now sometimes called “e-fluentials” – can be almost anybody.  Further, social influence doesn’t just affect buying habits, it can...
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Six ways a small business can leverage its customers
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Posted by: SBOC Team, Sep 7, 2011

by Reed Richardson By necessity, most small business owners quickly become creative problem-solvers, finding unorthodox means of survival and alternative pathways to success. After all, almost all entrepreneurs launch their businesses with a shortage of funds and a lack of support staff, meaning that they must not only figure out how to build that better mousetrap, but also produce it on a shoestring budget and then advertise and sell it using low or no-cost marketing tactics.  But...
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