|
We hope
you find this arcthve useful. A subscription to The Small Business Advisor
Newsletter is free. Subscribe now - it's easy!
The
Small
Business Advisor
Newsletter for July,
2001
========================
CONTENTS
Notes, tips, etc
Working with Employees
Increase Your Sales By Wearing Your
Customer's Shoes
========================
NOTES/TIPS/etc
---------------
ADVERTISING TIPS. Check out this new feature at The Small Business
Advisor, http://www.isquare.com. A new useful tip every day!
---------------
GOOD TIMES / BAD TIMES. Be very careful how you treat existing or
new customers when times are good … you'll need these folks
when times are bad. How many times have you been blown off by a
business because they were "too busy?" Don't you do it.
Treat everyone - no matter how busy you are - like they are your
most important customers. Someday they might be!
---------------
If you run a small business or home based business, the United States
Postal Service gives you a big advantage. They'll deliver your Priority
and Express Mail shipping supplies right to your door, for free.
Supplies you can get include several sizes of boxes (for shipping
via Priority or Express Mail only) and tape. Call 1(800) 222-1811
to establish a free account that makes ordering very easy.
---------------
REMINDERS!
* Have you backed up important data/files lately?
* Have you checked to make sure your telephone company has not increased
your rates?
* Have you contacted your best customers with a special deal or
to ask if they need you?
* Have you told your employees how important they are to you?
* Do you have a website online for your company?
* Have you investigated a toll-free number for your business?
* Do you accept credit cards in payment for your product/service?
* Does your answering machine include your website address?
---------------
HEALTH INSURANCE QUESTION
Q: I lost my health insurance after quitting my job and starting
my own business. Where can I find information on selecting new coverage?
A: Start your search with the National Health Information Center
(NHIC) organization in Washington, DC. 1 (800) 336 4797. Visit their
website at http://www.nhic-nt.health.org. Also remember that many
organizations provide health insurance coverage for individuals.
Check with any groups of which you are a member. (See below)
---------------
MEDICAL INSURANCE: Medical insurance can be a problem for the self-employed
home or small business owner. Check out the National Association
of Self-Employed (NASE) at http://www.nase.org.
---------------
FIND THE LEAST EXPENSIVE WAY TO SHIP. Visit http://www.smartship.com
to compare all the major carriers.
---------------
If you run a small business or home based business, the United States
Postal Service gives you a big advantage. They'll deliver your Priority
and Express Mail shipping supplies right to your door, for free.
Supplies you can get include several sizes of boxes (for shipping
via Priority or Express Mail only) and tape. Call 1(800) 222-1811
to establish a free account that makes ordering very easy.
========================
WORKING WITH EMPLOYEES
by Robert Sullivan
Dealing with
employees (contracted or yours) is always challenging and will tax
your best management and leadership skills. The following listing,
based on a good deal of experience, are items to consider that will
help keep you out of trouble when dealing with your employees:
* Be willing
to pay for the best. Remember, you get exactly what you pay for
... no more and no less.
* Everyone
has their own way of doing things. We all seem to forget this and
insist it be done "our way." A better approach is to give
instructions as to what is needed and allow the individual to provide
the method.
* Remember
to always criticize in private and to praise in public.
* Remember
that EVERYONE needs to feel appreciated. Talk to your employees
and make certain they know they are providing a valuable service.
* Stay visible.
Make certain all your employees see you at least once a day. Your
employees need to know you're involved and interested.
* Keep your
promises. If you say you're going to do something, do it! There
are no good excuses in the eyes of your employees.
* Ask your
employees for suggestions on a regular basis. Do this personally
... not just with a "suggestion box."
* Allow your
employees to fail! It is well documented that successes are generally
preceded by one or more failures. The employee who is afraid to
fail will be less likely to be innovative. It is up to you to see
that none of these failures is fatal to the business.
* Every employee
must know exactly what their responsibilities are and what authority
they have for carrying out these responsibilities. This usually
is accomplished by very precisely written job descriptions.
* Manage by
objectives. Each of your employees should be assigned (by mutual
agreement) specific goals to be obtained within a certain period
of time. These goals must be measurable and you will periodically
review them so that corrective action, if needed, may be taken to
get back on track. Managing by objectives stresses real results
as opposed to a job description which only lists the individual's
responsibilities.
* Constantly
motivate your employees to do a good job. Talk to them about their
job and its importance to the business. Maintain an "employee-of-the-month"
program with an appropriate certificate and a traveling trophy.
Make the monthly presentation with fanfare.
* Implement
an effective training program to encourage promotion. Any employee
who thinks they are in a dead-end job will not perform up to expectations.
· Remember the "Peter Principle"... to paraphrase:
Everyone rises to his or her level of incompetence. See that this
does not happen in your organization.
========================
INCREASE YOUR SALES BY WEARING YOUR CUSTOMER'S SHOES
By Sue Barrett
Your customer
is the core of your business. If your customers aren't satisfied,
they aren't going to stick around. You need to keep them happy by
understanding specifically what they want.
The first step
to understanding what your customers want is to find out WHY they
might want your particular product or service. Then, focus on how
you can make their shopping experience the BEST it can be.
So how do you
do that? Put yourself in the Customer's Shoes and ask yourself!
OFFER A SOLUTION
TO THE "WHY"
As a customer,
you will often shop for a new product or service because you are
dissatisfied with something, and you want to change it. You have
a specific need and information you need to know in order to make
that purchase. What will stimulate you to buy?
Take this situation
for example; your car breaks down, and you need to be at the airport
for a flight that leaves in one hour. Will you choose *Fast Mac
's* towing service - Mac can help you in five minutes, or will you
choose *Cheap Pete's* towing company - Pete sure has a great price,
but he's busy eating lunch for the next two hours.
In this case,
are you stimulated by speed of service - or by price? Understand
what stimulates YOUR customer to buy your particular type of product.
Take that information and turn it into your competitive advantage!
MAKE YOUR CUSTOMERS
WANT TO COME BACK
In addition
to knowing what your customers want most, it is important to know
HOW you can do the best job for them. Treat them how you would want
to be treated.
Remember that
you are a customer yourself. Think about what affects your shopping
experience. When you are doing business with a company:
- What do you
like about them?
- What do you dislike?
- When you leave, do you feel satisfied with your purchase?
- What makes you want to go back and do business with them again?
Evaluate other
companies. Ask yourself the following questions, and incorporate
into your business what you believe will make your customers happy
and motivate them to do business with you.
Is it convenient
to do business with this company?
- Do you have
to tediously search for what you're looking for, or can you find
it quickly and easily?
- Can you buy what you want at a time and place that's convenient
for you?
- Does the company offer a variety of different payment options?
- Are product features simple to understand?
- Can you easily return items that you aren't satisfied with?
Do you find
their customer service helpful? Does it exceed your expectations?
- Can you get
help quickly?
- Does the company provide information to help you use their product
or service?
- Can you get an honest, helpful recommendation from someone who
knows what they're talking about?
- Do salespeople give you personal attention? Do they remember your
name?
- Does a representative follow up with you after you make your purchase
to see if you have any questions or problems?
Are you impressed
by their appearance?
- Does the
company present a professional and friendly image?
- Is the business operation clean and inviting? Well-organized and
efficient?
- Is the product packaging attractive?
Always listen
to your customers and build rapport with them. You can also continually
find out new things they want through simple surveys and questionnaires.
Even the small details can make the difference in keeping customers
loyal. By focusing on your customers' needs, you will automatically
minimize conflict. You will also show you care.
The more you
focus on your customers, the better you'll be able to understand
them, and you'll be better equipped to offer that competitive advantage.
That competitive advantage will ultimately bring you more sales.
Contact Sue
Barrett at FApublications, the Home Business Center at www.homebusinesscenter.com
or at sue@homebusinesscenter.com.
Return
to top of page
- Back to Home Page
- Back to Archive Index
|