Category: Learn

Starting a new business is an exciting venture and a constant learning experience. Undoubtedly, there will be lessons learned and mistakes made along the way. Still, there are rules every new business owner should follow, regardless of their industry.

Read on to learn five important things to know when starting a business.

You Need A Business Plan

This is first in the list of important things you need to know to start a business because it will be the foundation of your decisions and success. You know you will start a business, but your business plan will give you a specific outline of deadlines you need to hit, financial goals, and advertising strategies.

Some new business owners think a business plan is only necessary for financial support from outside sources, but this isn’t the case. A business plan is an invaluable tool that helps you sort out the big and small details that, if overlooked, could be detrimental to your business. Your business is your passion. Analyzing that passion strategically keeping financial projections in mind will strengthen with your branding.

Word Of Mouth Will Always Be Valuable

While various forms of advertisements are effective, word of mouth will never lose its popularity or value. This is one of the most important things to know when starting a business because people trust the word of people they know personally.

We all see up to 5,000 ads daily aimed at influencing our purchasing decisions. This constant exposure to advertisements means that businesses must be creative and show the human side of their brand.

If you use traditional ads, compliment them with behind-the-scenes stories, user-generated content, or vlogs. You could also share customer testimonials to prove the positive impact your business has on customers and in your market.

You Must Evolve With The Market

As a new business owner, you shouldn’t feel compelled to know it all from the start, but it is important to know the basics and to keep up with the ever-changing landscapes of business and technology.

When you’re starting a business, you can’t live in the past. Tactics that worked in 2015 may not be effective today. The business world is fast-paced and marketing strategies are always changing to meet the desires of customers. Research your industry frequently to learn the latest trends works so your business won’t be stagnant or left behind.

Remember these key pointers:

• Keep your website updated
• Invest in digital marketing
• Make sure you have the right tools to keep you and your team organized
• Use reliable phone services and email to stay in contact with global customers

Pick A Niche You Enjoy

There are numerous reasons to attribute to the fact that 50% of small businesses fail after 5 years. One of those reasons is burnout for solopreneurs. But this burnout doesn’t always occur because there’s too much to do it in too little time.

Burnout sometimes happens when new business owners enter a niche for the money or convenience without enjoying the work. One of the major benefits of owning a business is doing what you love while serving as a valuable resource for customers.

Here’s another important thing to know when starting a business. Is the industry you’re entering personally fulfilling? Before starting your business, take the time to find out what you would love doing every day and dedicate yourself to making that business a reality through your business plan.

Make Things Convenient For Customers

There are many things that can make a business unrelatable, such as confusing messaging, inconsistent branding, or poor customer service. Your business will not be successful if people can’t relate to you.

If your business becomes known for poor customer service, it’s unlikely that you will continue to profit. Avoid this by letting your business be a safe space for customers to express their concerns and issues without hassle or long delays.

Of the most important things to know when starting a business is that having a virtual phone number can give you a competitive edge. A virtual phone number allows you to work from remote locations while retaining full communication with your associates and clientele. Remember: you and your team should be should be knowledgeable and patient to provide solutions that add value for customers.

Also, recall that one of the most important things to know when starting a business is word of mouth marketing. Customers always appreciate quality service and are more likely to give personal referrals. This will help your small business to grow quickly.

Delegate Tasks Accordingly

Scalable solutions are important for every business. Being a new business owner means your business won’t stay the same size as you implement strategic growth methods.

As your business gets bigger, you won’t be able to handle everything without support. Everyone you hire will serve as a representative of your brand. Therefore, it’s imperative to establish a team with the same vision and work ethic.

As we conclude the list of important things to know when starting a business, we recommend automating small, repetitive tasks and allowing trusted staff members to use their innate skill sets to contribute to the company’s success.

Small businesses are known for being creative and finding organic approaches for expanding their company. Most times, those small companies became big once they harnessed the power of digital marketing and shifted their focus to the worldwide web to build a loyal customer base.

The return on the investment of time and money into digital marketing is highly favorable when considering the reach and affordability of digital marketing services in competition for new clients.

In the following article, we’ve listed four digital marketing avenues every small business should explore. You can substantially reduce the time you invest into these methods by teaming up with digital marketing experts.

Not only are these types of digital marketing for your small business affordable, they are also scalable, which means everyone should be taking advantage of them!

An Optimized Website

A website is the most critical aspect of digital marketing. Your website is how you share the most details about your business and products. A fully integrated website also serves as the source of your blog posts and should link to your email marketing campaigns.

But your website needs to act as more than an information source. Many times, small businesses make the mistake of creating a website without optimizing it for consumers. The internet offers an endless source of information. It would be difficult (and almost impossible) to bring a high amount of traffic to your website if you relied solely on word of mouth.

Another valuable type of digital marketing for your small business is search engine optimization (SEO). Integrating multimedia content, such as podcasts produced by a B2B podcast company, can improve user engagement and contribute to better SEO rankings. Search engine optimization is a strategy that ranks your company higher in search engine results based on your industry and specific keywords. When your company shows up on the first page of Google, you’re likely to get more leads and close more sales. Reaching out to industry and expert bloggers is another effective strategy to improve your website’s reach and build a network. By connecting with influential bloggers, you can drive more traffic to your site and enhance your online presence. Just be sure to avoid common blogger outreach mistakes.

Optimize your website for viewing based on current technology and consumer trends. Tablets, cell phones, and personal computers are the primary sources for web browsing. Personal computers are still a mainstay, but 63% of people are now visiting websites from their cellular devices.

This means your website must be fully functional for mobile browsing because you could lose business if your website is only compatible with laptops and desktop computers.

Social Media

Social media is one of the most popular types of digital marketing for your small business, and research continues to prove that it is much more than a fad. Today, business marketers working to stand out in the digital space must take social media seriously and acknowledge the fact that most consumers are now online and using social media to research brands. Customers are also sharing personal experiences with businesses on social platforms.

With a strong social media presence, you’re more likely to inspire new customers to reach out to you. Being active on social media also allows you to research your company name and see how consumers feel about your products and services. Build loyalty by directly sending offers and thank you’s to users mentioning your business. Likewise, you can generate more positive feedback by publicly responding to customers with problems or questions. This shows that you are willing and ready to help.

Pay-Per-Call Marketing

Pay-per-call marketing is similar to pay-per-click (PPC) advertising. The only difference is as a business you pay for every call made, instead of every click. Pay-per-call ads have call buttons giving viewers the option to call the business. The goal of this marketing strategy is to drive phone calls directly from digital campaigns. In other words, to quickly connect with interested customers on the phone. You can even use a toll-free number for this marketing campaign to make it even easier (and free) for callers to contact your business.

Success in pay-per-call marketing requires a clear understanding of target audiences, strategic ad placement, and crafting compelling calls to action that prompt immediate phone responses. Furthermore, it is vital to track and analyze call data to optimize campaigns continuously. Pair this with strategic outbound calling to connect and follow up with prospects and customers, providing responsive care and support.

Free Webinars and Podcasts

Ebooks and guides are well-known for attracting quality leads, but webinars continue to move to the forefront. Webinars are valuable types of digital marketing for your small business because they allow viewers to learn valuable information quickly at no cost. Furthermore, webinars help you stand apart as a thought leader in your field. Furthermore, a webinar can place you above competitors because potential customers will appreciate that you were willing to provide them with value at no cost.

You don’t have to share valuable information for a fee online. Just inviting newcomers to learn something new can inspire them to learn more about your business. Provide real value and you’re far more likely to gain email subscribers who look forward to updates from your company. Keep them engaged after the webinar with email newsletters, blog posts, and insider deals.

Email Marketing

Email marketing has picked up where traditional mail brochures left off and offers much more convenience. Email marketing is among the most effective types of digital marketing for small businesses. The average return on investment into email marketing is 122% and more than 20% of people check their emails more than five times each day. Add your company email to marketing business cards and share at networking events, conferences, and exhibitions.

Combine email marketing with a webinar or email course series to keep readers intrigued and looking forward to the next email. Let emails serve as an outlet for readers to get to know you. Further engage them with personal stories and business-related lessons. These tactics will increase the likelihood of purchases when new products are announced.

Not sure if you‘re ready to invest in digital marketing? We’ve got a solution: there are usually interns who are looking to learn by working for recommendations or as a trial for a long-term position. Another option would be taking the time to learn the fundamentals of digital marketing and try it without assistance.

Whether your main advertising platform is the internet, television, or printed publications, a call to action (CTA) is necessary to inspire audiences beyond viewing your materials to becoming active participants who are willing to make a connection with your brand.

When you think of a call to action in its simplest form, you likely think of terms like:

• “Call today”
• “Click this link”
• “Buy now”

These calls to action are well-known, but a CTA has to be much more to be impactful. Business owners can’t rely on CTA’s with a cut and dry approach because the internet now connects competing businesses on a global scale. Your business is unique and every element of your messaging must stand apart from your competitors.

We should view the call to action as an art form instead of treating a call to action as a command or instruction. To help you along the way, we’ve compiled some of the most valuable tips to note as you strive to approach your call to action as an art form.

Humanize The Language

Advertisements are everywhere, and many are ignored. The ads with call to actions that go viral and gain organic traction share common traits. The content is interesting and doesn’t rely on robotic language.

Treating your call to action as an art form means it should resonate with viewers. Strike an emotional chord by adding the human element of personality through your wording because consumers are more likely to take action when they can relate to a brand.

For example, instead of saying “BUY NOW,” change the wording to “GIVE US A CALL. WE’RE ALWAYS HERE TO HELP.” No one wants to feel as if your primary purpose is to profit by selling them a product. Buyers want to know you have something valuable to offer. The way you use your words relays that message.

Paint A Picture With Your Content

Buyers must believe your business is worth the investment before they take action to support your company. The CTA should be part of a body of content that translates beautifully through words, imagery, or video. If your call to action is an art form created for your target customers, it can be effective on any advertising platform.

Are you looking to sell a new product? Don’t just say how valuable your product is, show it. Review written content and scripts to find the strongest adjectives and replace them with full descriptions. When using television or coverage radio, let personality, design elements, and quality lead the way.

Embrace Transparency

Some of the most iconic artists lived a life of mystery and intrigue. But today’s artists and business owners must display their artistry through their social prowess. The art of business requires high-quality services and transparent business owners. One of the best ways for a business owner to show transparency is by being accessible.

Potential customers shouldn’t have to work to find you or connect with you. Strategically using your call to action as an art form should always include convenient means of communication, such as your phone number and email address.

Will you be prepared to quickly respond when someone takes action and contacts your business? Always make sure your hours of operation are clear for callers and respond to written inquiries and voicemails within 24 hours. If you’re working with a team, ensure that they are well-trained and have the necessary tools to assist customers.

Viewing your call to action as an art form is the first step to connect with customers. Exceptional customer service is what will lead to sales and business expansion. This is so many small and large businesses use virtual phone numbers.

Business owners can forward virtual phone numbers to mobile phones and create extensions for team members, allowing everyone to work remotely and in an organized fashion. The response rate is even faster through additional options such as transcribed voice to email service.

When using your call to action as an art form, know that everyone who contacts won’t be in your local calling area. Consider a phone number that is not specific to one area code. Using a local phone number often results in fees and confuses long-distance customers, deterring new callers from contacting you.

Have A Consistent Style

When famous artists releases new work, their fans can spot it before the name of the artist is announced. Such artists have a strong presence through their recognizable style. Your call to action must also have a style of its own, but that style must be in line with your branding.

Consistent branding will keep your business relevant – even when your brand is not the star of the show. Being recognizable will naturally attract new clientele and maintain the interest of your loyal customer base when partnering with another company, attending events, or working with sponsors.

A toll free number is a number that allows business professionals in companies of all sizes to connect with customers. These numbers are virtual, meaning that it doesn’t require additional hardware to function or expensive packages for set up. Toll free calls are also free for the incoming caller.

Before purchasing toll free numbers, the first question business owners often ask is: Why does my business need a toll free number? The short answer is your business needs a toll free number because these numbers are critical for appealing to customers and increasing sales.

Having a toll free number indicates to customers that you are professional and value customer service, and you look forward to being of assistance because you’ve made your business easy to reach. Furthermore, toll free numbers can be made even more memorable than a traditional phone if paired with a vanity line.

Want more info on why your business needs a toll free number? Here are some additional facts that explain the importance of toll free numbers for businesses.

Why does my business need a toll free number if I don’t have a large company?

When you dial a toll free phone number to connect with a business, what do you envision? Typically, a large company filled with professionals. Even if this isn’t the case, your professionalism will outweigh the fact that you’re a startup business. Your customers won’t consider that you may be working from home, which is a good thing because they will be more willing to learn about your services and give you a chance to prove that your business services are worth the investment.

Why does my business need a toll free number if I can use my cell phone instead?

Before doing business with your company, most customers will question if your company is trustworthy and an ethical business, especially if they’ve had bad experiences with other companies in the past. A toll free number is just one little facet that adds to your credibility.

Additionally, there are multiple things customers will look for to determine your credibility, including your website, online ratings, and what’s being said about your business on social media. It’s highly likely that a potential customer will be more inclined to buy from you if you have favorable online results.

Yet, positive reviews may not be enough if your personal cell phone number or a long-distance number is provided as your business contact information. Sharing your personal phone number is considered unprofessional – not to mention that it can put your personal information at risk.

Furthermore, most customers will be discouraged from paying to make a phone call to a business, so a toll free number just makes sense in all of these scenarios.

If I’m relocating, why does my business need a toll free number?

Callers prefer a business rooted in stability. A toll free number gives you the freedom to relocate at any given time without alerting your customers. If you’re traveling, forward your toll free number to your cell phone or destination location. The call forwarding feature maintains a level of consistency, which keeps callers from focusing on your personal endeavors and on your business services instead.

If marketing is my main focus, why does my business need a toll free number?

Business owners using toll free numbers often recommend them because they help customers meet their business goals.

When you are marketing your business, it’s likely that you will be using multiple advertising forms including the internet, print publications, and local directories. Each avenue of marketing is likely to attract a different type of customer. Some marketing outlets could bring you more business than others, while some may not be worth the investment.

The only way to know the best marketing strategies for your company is by tracking each campaign. Tracking various marketing techniques can be done easily with a toll free number by assigning multiple toll free numbers to each marketing campaign. The phone number that receives the most calls will let you know the advertisements that are most effective.

Why does my business need a toll free number to be more competitive?

The costs of relocating are expensive and require a large investment of time. Toll free numbers eliminate the need to physically relocate to conduct business in certain regions. Some business owners may purchase only one toll free number, but purchasing multiple toll free numbers is recommended. Testing various numbers allows companies to find the messaging that best resonates with clients – especially when connecting toll free numbers with a vanity phone number.

Remember to research your vanity keywords before purchasing them. Your first choice may be catchy, but a similar idea may already be in use by a competitor. This can be confusing to customers and decrease your sales if new callers reach out to another company by mistake.

Review other numbers that are already in use. Then, find unique keyword phrases that will inspire consumers to call your business.

Note: Know that your toll free number will never be passed on to another business. Once you buy a toll free phone number, it will be yours exclusively, so there’s no need to worry about your business calls being redirected to another company in the future.