Hold on to Your Customers and Visitors - Part 1
You have heard many times that keeping customers and web site visitors on your site and coming back for more should be one of the top priorities of every online solo business owner.
There are a number of reasons for doing this - one of the most important is that the cost of finding new customers is typically higher than the cost of retaining current customers.
There are other reasons as well. Today we're going to look at just what the business owner can do to keep his paying customers coming back for more!
Regardless of the niche you are in, developing your web site and business philosophy so that you keep this simple principle at the forefront of your execution will pay you great dividends over the course of your business life.
Here are seven top ways to hold on to your customers:
Continue reading "Hold on to Your Customers and Visitors - Part 1" »
I recently came across some information that should be of interest to all solo Internet business owners.
It seems to me to be a little weird. There are lots of daily searches for the phrase "business ethics" but there are very few products that deal with the subject.
Who says Internet business can't be adapted and put to profitable use by a youngster?
I've always been one to look at new year's resolutions as a two-edged sword.
I've often thought about the myriad of reasons for startup business failure. Because creating and operating a business involves so many details, it's easy to understand why problems galore plague entrepreneurs.
Most new business owners tend to be great advocates for their product or service as they prepare for their business launch.
Entrepreneurs are a diversified bunch. They appear in all sorts of sizes, temperaments, ages, and with various backgrounds.
If you sell information, you are, in essence, a paid consultant.
I was thinking the other day about how my tastes, preferences, and attitudes have changed over the years since I was first married and had four little ones running under foot.
Most of the Internet's best marketing minds agree on this philosophy:
One of the ways solo business was conducted for many years in this country (U.S.) was by what I call "the one man band" business model.
For many years, solo businessmen worked among the ranks of the self-employed as "organizers" or facilitators of groups of like-minded people.
Since the beginning of time, solo business persons have opened and maintained retail stores that sold products to walk-in customers.
If you are serious about starting a small solo business, there is no greater lesson to learn than how to apply the principle of maximum leverage to everything you do in your business operation.

There are actually dozens of smart and effective ways to begin the business creation process that will reduce the risk of a new venture for the owner.
Here are a few ideas that may be useful as you consider what you can do to become a star performer in the eyes of your customers.
When you do business online, you have to get a little personal with your customers. There's no way around it.
I started following Internet businesses back in the mid-90's and continue to be amazed at the variety and sheer number of creative business techniques and selling ideas that I've seen during that time.
Often, when a new businessman enters the market, he often forgets or totally ignores the cost of support for his products and services.
Let's face it, many folks that start their own solo business are first time entrepreneurs. They have no history, background, or training in small business development or operation.
Preparation for business success can come in many ways.
Over the next few posts we will be looking at things you can do in your business to:
Every business needs to establish and maintain professional working relationships with suppliers, distributors, vendors, service providers, and outsourcing companies.
Businesses have to communicate in a variety of ways, but I've noticed that many of the online businesses (that I assume are run by solo owners) these days provide no address or telephone number for the company.
You've probably noticed over your lifetime that companies dealing in quality products and services tend to remain in business over a long period of time.
Regardless of the size of your business, you should separate all your business financial information and record keeping from your personal banking.
A lot of small business owners would reason that because their business is very small and specialized, they ought to try to save money and increase efficiency by keeping all operating functions in-house under the watchful eye of the owner.
One of the things that most business owners look for are ways to add value to their businesses.
Depending upon the type of solo business you operate, and the needs that your business has to communicate with the "outside" world, you may want to consider setting up a private area on your company site.
To my way of thinking, there are two business functions that every single company needs to execute well, every day of the year, in order to be categorized as a successful business.
We're discussing the little operating changes that can easily be set up in an online business that will add greatly to your customer support process.
I believe it's a wise move to investigate all the options you have in executing your online business.
Some business owners have chosen to ship purchased products to their customers at no additional cost with the idea that such generosity could mean the difference between landing a sale or not, all other considerations being equal.
Have you ever noticed a shopping cart full of groceries sitting next to the checkout stand at the supermarket?
In the previous installment we discussed some of the costs associated with delivering physical products to your customers.
The ways an auto responder can be employed to automate your business tasks are many. Here are just a few of the typical business uses of an auto responder:
By now you understand that the solo information business strategy discourages dealing in physical products that require shipping and handling. These products require human intervention and a lot of financial costs that are the antithesis of the one-person solo Internet home business model.
To tell you the truth, I'm having a hard time coming up with any reasons why you shouldn't absolutely consider having a forum at your site.
You will hear me very often say, "You are the business." The solo Internet business operator is often an individualist that would rather be creative, adventurous, and find his own way over joining the pack.
Some business owners prefer to deal with problem customers by writing them off and shoving them out the door. They don't want or need to be bothered with further dealings or more headaches.
Often, new business owners figure the only way to increase sales is to put your product or service in front of more people.
Most small business owners look for additional sales in increased advertising and marketing.
When you think about it, there is no better place to find new prospects that may have an interest in your particular niche than to ask your satisfied customers to recommend their friends and acquaintances that have similar interests and passion for the subject.
I spoke with a young gentleman today about his dream to start a business. That's not a rare occurrence as I deal in such discussions quite a few times every week.
I've written a number of times on getting started in business and most of those discussions, at some point at least, lead back to the importance to small businesses of doing market research to understand who your customers are and what they really want.
Some solo business owners have experienced great success by marketing their company and products off-line.
I think some people are born to complain.
Every new technology faces the same uphill battle when it comes to public acceptance and dispelling people's fears that something bad will happen to them as a result of some unknown or unanticipated problem.
I have often made the comment, "You are the business." As a small business owner, you are the solo creator, founder, operator, and employee of your business.
The solo business owner has many tools and resources at his disposal that can leverage his time and automate his business so that he can accomplish much more by himself than would ever have been possible prior to the Internet.
You would think most people are rational when spending money on products and services that they find online. After all, the complete information about the product is readily available right on the Internet.
It's only been since the late 1990's that marketers are able to look at the phenomenon of Internet purchasing.
If you have a business based in the U.S. and you pride yourself on having the lowest prices in town (or in your industry), are you ready to be severely challenged?
Of course the Internet small business has many formats to choose from when advertising its products and services.
As the title implies, there is a business principle that all great companies adhere to that produces wealth and abundance beyond the infusion of cash into a business.
I'm always amazed that entrepreneurs are so anxious to spend their money.
I believe that every business has the opportunity to "make a difference" in the world today, even if only in a small way.
One of the things that small business owners often forget is the fact that customers come to a small business often for the experience, not just for the products or services that are offered.
Nothing grabs a prospects attention like seeing his own name printed in a hand-written letter from a friend.
Whether you decide to publish information in a paid newsletter, a "members only" web site, or an email or notification service, the questions you'll have to answer are basically the same. Why do you want to do this?
Regardless of the information subscription niche that you choose as the subject of your business, you will need some type of web site software platform.
One of the foundations of any successful marketing program is repeated and systematic contact of the prospect.
I visited a web site last night related to Internet marketing that touted all the methods the large corporations were using to build trust in the company - thereby reducing the fears of customers with the end result of making them more apt to make an online purchase.
When business owners develop a service or product that is designed for a highly targeted audience, they often struggle to find enough prospects gathered in one place to design a marketing strategy for the group.
One of the first and most important tasks of any web site owner is to capture at least the name and email address of every visitor possible.
Online business in today's marketplace has many advantages that the small business has never had in the past.
Have you ever noticed how customers like to be given very specific instructions or detailed directions from those they consider to be an expert?
Often small business owners have little or no formal training or skill in advertising and marketing their products.
Of course you would want to do that. Here's why!
The manufacturers of the industrial era had at least one thing in common: they found that mass production could cut both product costs and production times by substantial amounts when work was compartmentalized and the flow of assembly was orchestrated to bring all the parts together at the proper time (on the assembly line) and sequence.
One of the surest things besides death and taxes, is the fact that change will occur in your business niche. It's inevitable.
The popularity of survey results in a specialized niche is undeniable. Customers and prospects alike love to be part of a survey and then look at the results.
Every business owner, at some point in her career, will face sharp and emphatic criticism by a customer, supplier, or competitor.
I'm going to tell you about some marketing tactics that every solo business owner can use to reach a broader market and ramp up online sales.
In the previous article, we began our discussion of some marketing tactics that fall under the title of "piggyback marketing."
In the previous two articles, we have been discussing some marketing tactics that fall under the strategy of "piggyback marketing."
We are continuing our discussion of some marketing tactics that fall under the strategy called "piggyback marketing."
Both online and offline small businesses can create and distribute product and service offerings very cost effectively through the use of coupons distributed to their niche market.
If you've been doing business on the Internet for any length of time, you've undoubtedly heard the term "sticky" or "stickiness" used to describe the ability of a web site to engage it's audience.
Those that have followed this blog know that I am a huge proponent of doing whatever possible to spread the word about your business and products via public relations activities and press releases.
Marketing a small business can be a daunting task for the owner that has no previous marketing experience.
Every small business owner wrestles with understanding how to increase his business.
Here's a very powerful marketing strategy for every small business owner that has ever wanted to "force" his clientele to identify with him.
I have often been asked about the effectiveness of "buying" customer service in a small solo business. Solo owners want to know if putting forth the extra effort to become stellar at giving outstanding customer service will really increase their business bottom line proportionate to the cost of taking the time to rise above mediocre or "standard" and expected service.
When it comes right down to brass tacks, I would say every Internet business owner should consider herself or himself an information publisher.
Web sites should be designed to facilitate and encourage efficient and effective human-computer interactions.
