10 Nuggets of Gold To Improve Your Business

If you are just starting out with your business, whether its offline or online; it’s very difficult to get clients in the early days. You may be “the best” in the world in your business, but its of no use until the world knows that you are the best. You need to be in front of your audience. You need to start at some point, and the starting itself will seem to be difficult, in this competitive market. And one who quits at this point, is gone forever! A man is not finished when he is defeated. He is finished when he quits.

Many of life’s failures are people who did not realize how close they were to success when they gave up. – Thomas A. Edison

You may be in offline business like insurance company, insurance agent, home loan agent etc OR you may be into online businesses like blogging, domain/hosting reseller, WordPress service, theme customization, logo designing, Business card designing, ebook cover designing, custom application development etc.

Follow these nuggets of Gold, and you will be more nearer to your clients than ever before:

Nuggets-of-Gold-For-Businesses

1. Do proper research
You may think something as a break-through-idea, but it may not have enough market. If YOU think its a great idea and implement it, and not enough people are interested in it, then it would be waste of money and time. Instead, do proper market research before investing and implementing something.
Tip: The best way is to conduct some surveys. Before starting a service or before creating a product, conduct a survey on your blog. Give away some thing(may be an ebook) for free for completion of the survey. This way you can easily get feedback from real people and can get some insight about the market.

2. Collect data
Its also important to collect all the data related to your niche. You may want to collect data like, competitors price, competitors market share, features of their service or product etc. By doing this exercise, you can get important information which may turn key for the success of your business.
You can know what lacks in your competitors service/product, are they over charging, are they missing to target a group of target audience, by analyzing all these things you can fill the gap and attract more customers your way.

3. Concentrate on big players
If you market everyone on earth for your product, then its utter waste of time and money. Instead, market to people who are already looking for what you have. Also make sure that you target people who spend a lot of money on purchasing the type of product/service which you are selling.
Ex: If you are selling printer cartridge, then look for people who purchase the cartridge often. If there were 1000 customers, then collect the data about those who are purchasing the cartridge most often. After making a list of most frequent buyers, try to sell your stuffs to them. In most of the cases, it is 20% of the people who are buying 80% of the times. So, you can give them free samples and offer them some discounts. This way, you can easily get clients in your early days and make more profits instantly than those who have been in the business before you.

4. Advertise. Have a dedicated sales team
You can get coupon codes from almost all the advertising companies like Google Adword, Chitika, Bidvertiser etc. So you can grab one and start with advertising about your service/product. Also try to have a dedicated sales team. Its crucial to get clients for any business. So a dedicated sales team will surly help maximize your business.
This is the idea of affiliate system, wherein affiliates bring you clients and get a chunk of fee for getting you the business.

5. Don’t try to re-invent the wheel
Innovation is key for the success of any modern day business. But this doesn’t mean you try to do everything in a different way.
There are many people who have succeeded in their business, if you want to succeed too, then collect proper data and see what they did in order to succeed, then follow the steps and in most case, you will succeed too. I don’t mean that, you need to copy someone else’s steps, but just know that re-inventing the wheel will take a lot of time and if you try to re-invent the wheel, you will not have enough time to innovate in the area of your companies expertise. Market requirements(needs) change within the wink of our eyes, so we need to be flexible, agile and quick in our approach.

“Nature is neutral; if you do the same things that other successful people have done, you will inevitably enjoy the same success they have.”
– Brian Tracy

6. Apply changes gradually. Don’t hurry up in implementing changes all at once
If you want to bring some new ideas/changes inside your company, then make sure you test this idea/change on a small group. Do not adapt the entire company to the new idea/change immediately. Apply it on a smaller group, if it works, then expand. In this process, don’t forget to keep collecting the data and measuring the improvements.

7. Stand out from the crowd
These days people have multiple choices to select from. So you need to educate them about your product/service and tell them what’s different about your service/product than that of your competitors. Customers do not care what new features your product has or how famous it is, what they should be informed is, what problem of the user does it solve more efficiently than their competitors product.

8. Patience
Often times it is not about building a product for your customer that costs more. But its when you realize that the product you developed is not what your customer wanted!
In most cases, your clients will not have a clear picture of what they want. You need to be patient and educate them and make them realize what exactly they want. Patience is the key of smart business man. If you hurry up, you will screw up at some point. So its better to handle clients with patience.

9. Customer Support
95% to 99% of the time a client can find the same kind of(or even better) product or service you are offering, so there isn’t a point in telling them to buy from you because you have it. If a person has bought something from you previously, then its easy to sell such a person again, if you have quality product and good customer support.
How often have you experienced bad customer support from companies and have left dealing with them. If you sold something to a person, then its not the end. Its actually the beginning. If he is satisfied with your product or service, he will come back to you for more product or service. Even if you don’t have any other product to sell, make sure to treat your old customers properly. Treat them like your companies asset. This way, they will be happy to bring in more customers for you, for no commission!

10. Relationship, Care, Understanding
All modern day businesses is standing on relationship, care and understanding. These days everybody knows marketing tactics, so they aren’t going to be your pray. If you start behaving like a sales person and start talking about your product straight away, then people will subconsciously start developing resistant behavior towards you.
Some sales people start with “how are you? how is it going today?” etc questions, wasting a lot of time and sounding somewhat robotic and as if it was a pre-scripted talks of all sales people of a particular company.

Instead, have real concern towards your customer. Care about their needs. Show genuine interest. Don’t try to sell them something that they aren’t looking for – the thing which doesn’t solve their problem. Listen to their problems. All Bad sales people talk 80% or more. A good sales person or a good business man listens 70% or more. Listening with patience builds good relationship and shows that you really care about their problem, and hence listening. Don’t try to defend or argue. Listen to their problems, needs and wants. Latter educate them about what may solve their problems and how to handle the situation. If your product or service solves their problem, then by all means tell them whole heartedly. In your presentation, talk about the things which is of concern to your customer. Don’t try to tell everything and finish off the presentation entirely which you had prepared the day before. Talk to the point and have real care towards your clients.

Its better if someone doesn’t buy from you something that they don’t want, than to buy from you and then regret. Agree ?

Remember, people want to buy, but they don’t want to be sold.

“One customer, well taken care of, could be more valuable than $10,000 worth of advertising.” – Jim Rohn

Awesome Picnik photo editor: now on Orkut too

Picnik is a photo editing application which connects with all the major photo sharing sites like Flickr, PhotoWorks and integrates seamlessly with a variety of websites including Facebook, MySpace, Picasa Web, Webshots, Lexmark, Box.net, Photobucket etc (and now Orkut)..

PikNik On Orkut

With all these integration, picnik has bought us the facility of editing our photos seemlessly without ever having to leaving Facebook or Orkut.



Twist:
Picnik was acquired by Google on 3/10

Some helpful resources:
Chrome extension of Picnik.
Picnik Facebook App. (You will get confused, if you open Facebook as well as Orkut picnik app at once in the same browser. It will show the same edit session in both apps.)
Picnik Facebook fanpage.
Picnik for Drupal.
Picnik Mozilla add-on.
Picnik on Twitter.

Business Strategy used
Picnik has a premium version of its editing tool that will give you more advanced features for around $25 a year. Users can use the tool even without registering an account, but the free version is ad supported and the low cost premium account gets rid of these ads. Pretty simple and straight forward strategy.

Picnik On Orkut
You can find picnik app integrated by default, when you visit your photo album and click on any individual photo. Picnik has a rich set of features to spice up the photos and to make the sharing experience great.

locate PikNik On Orkut

Award:
In Dec 2007, Picnik won the Macworld Editors’ Choice Award in the Web category.

Facebook Phonebook: Gone missing!

Facebook Phonebook displays contacts you have imported from your phone, as well as your Facebook friends.

Facebook may use this information to create friend suggestions for you and your friends. If you disable it, the friend suggestion tool may find it difficult to analyze and detect people who are using Facebook and may know you at the same time.

facebook-phonebook



If you would like to remove your mobile contacts from Facebook, you need to disable the feature on your mobile phone(make sure to disable the Facebook synchronization feature on your phone first, if you have ever enabled it) and visit this page.

Facebook Phonebook makes sense, because of the recent integration between Facebook and Skype. Skype may use this data and people may place a call to their friends without manually entering their phone numbers.

Since Facebook rolled out new layout to all its users, people are searching for the link to get to their Facebook Phonebook. Hope Facebook fixes this link shortly.

If you want to know the path for Facebook Phonebook in the new layout: Click on “Account” link, a drop down menu will come, now click on “Edit Friends“. Now on the left hand side you will find the link to your Facebook Phonebook.

Here is the direct link to see your Phonebook on Facebook.

“Cool, Promote it!” Orkut secret link: Get a rank badge

Its been some time since Orkut started allowing its users to advertise their business on Orkut, with ‘promote’ feature: a free tool to help you spread the news to all your orkut friends…and beyond!

At first I thought this could be a great opportunity for bloggers and marketers to explore and leverage from Orkut community. But to my dis-appointment, there are many people who are randomly creating some community message and asking to promote it! And the dis-appointing things is, these communities are not at all taken care by anyone, people just create it, promote it and forget it 🙁

So, am I saying this Orkut promote is waste of time? No. Since many Orkut users have no idea about how to set this up or what to do with this feature, its a great thing for few people who understand and have some goals to achieve from it.

Here are some points to keep in mind to write a good copy
1. First make sure whatever you are trying to promote is of use to the users.
2. Let your message be clear.
3. Don’t tell half things and ask them to click the link to read rest of your story. Everyone is busy with their life!
4. Make sure you have a call to action.
Ex: You can ask people to promote it or you may ask people to do something after seeing your ad.

How Orkut promote works:
When you first create a promotion, only your friends will be able to see your promotion. Once any of your friends click on “Cool, promote it!” button, the promotion copy will be shown to their friends.. and so on.

Secret Link!
Some months back Orkut stated showing a secret link(promo URL) in the promotion page, using which we could ask our friends and followers to promote our ad copies. But in just 24hrs time, they removed that feature. Now once again they have introduced the same feature. So just grab the links and ask your friends to promote it.

Log into your Orkut account -> Applications -> Promote -> (Promo URL)

orkut badges

If you are on Orkut, promote our stuffs too.

Here are the links to some of our promotions:
Promotion 1
Promotion 2
Promotion 3
Promotion 4
Promotion 5
Promotion 6

Orkut Badge:
Recently Orkut also introduced ranking users based on some criteria, one of which is based on the number of views of your promotion.


orkut badges

So, if you still care about Orkut and want some exposure and the badge!, then go ahead, grab these secret links and promote them.

By the way, I am on facebook at http://facebook.com/technotip 🙂

Note:
It may not be a promotion as beneficial as that on Facebook and Twitter, but it has got me 500 – 600 visitors to my website so far, which is not bad for a small site.

Attack On Orkut: Ruim Sabado!

Its ruim sabado (BAD saturday) for Orkut and Orkut users. From today morning a virus has been spreading like wild fire!

computer-bug

If you are not aware: There is a virus attack( cross-site scripting attack ) on Orkut and once your profile gets infected, it will automatically start sending mass scrap reading “Bom Sabodo“(which means “Good Saturday” in Portuguese, which is also the official language of Brazil).

This script also automatically joins you to some porno kind of community. If you saw your friends joining some porn like community on Orkut, then congrats, within minutes or seconds your friends will be notified that you have also joined such a community. You are infected too!

Only suggestion I have heard so far is, not to use Orkut until there is official words about this by Orkut team – Orkut blog.

Update: Everything seems to be under control now. The virus is not spreading now. But you have to mannually unjoin from those automatically joined communities.

GMail: “Priority Inbox” To Help You Focus On Important Emails

Often time we get a lot of email in the last minute before going to a meeting or exam! But we are unsure if its just another autoresponder mail or a genuinely urgent as well as important.




Check above video – its a very good animated video explaining Priority Inbox neatly.

To solve this problem, Google has introduced a new feature called Priority Inbox. This is a separate section in your email and will automatically separate your important mails, based on which email you read and reply to.

And ofcourse it has some filters to manually mark someone’s email as important or as unimportant.
And Like most things, Priority Inbox isn’t perfect, so it needs your help to get more experience in knowing what is important to you. So it has a + and symbol to mark any email(either in ‘Priority Inbox’ or regular ‘Inbox’) important or unimportant.
Priority Inbox is in Beta, and will be enabled to all GMail and Google Apps users in 1 or 2 weeks time.

Source: Priority Inbox

HostGator: All WordPress Posts, Comments Deleted

This is a quick post or rather “quick fix” post.

If you are on HostGator shared hosting plan, then please check your blog. Today some of the HostGator customers reported that their WordPress posts, comments and almost everything went missing.

When we contacted one of the hostgator support team member, we came to know that it might have been due to a software upgrade at hostgator and not a hack.

Note: Only some customers have been effected by this.

If you are facing this problem, then simply log into your hostgator cpanel. Click on MySql Databases icon.
databases-cpanel
Now select the database where your WordPress has been installed and hit Repair DB.
database-repair
This should fix the problem. If not, you will have to restore the site with the latest backup.

Our blog was fixed by using the Repair option and now its working fine.

100 Writing Mistakes To Avoid In English

We all know how important communication skill is in this corporate world. Without good communication skill it is hard to get a job, even though the candidate is good in his field. So communication is the key.

In online world as well as offline world, it is important to write without making silly spelling mistakes, usage mistakes and grammar mistakes. For a blogger its important to make sure what he is trying to convey is properly reaching his readers. And most importantly, if you have a online service then good communication skills, proper error free writing skills are crucial. Your prospects must understand what you are trying to convey them.

Couple of weeks ago I came across a ebook titled “100 Writing Mistakes To Avoid”, on Daniel’s DailyWritingTips.com

100-writing-mistakes-book

The Book Covers:
Small Introduction.
Spelling Mistakes To Avoid.
Usage Mistakes To Avoid.
Grammar Mistakes To Avoid.
Punctuation Mistakes To Avoid.

Here is one sample excerpt from the ebook:

less/fewer:

INCORRECT: This box contains less fire crackers.
CORRECT: This box contains fewer fire crackers.

Less is used with uncounted nouns: less soup, less intelligence, less forage.
Fewer is used with countable nouns: fewer voters, fewer apples, fewer commercials.

Unlike other English grammar books which are lengthy(takes a lot of time to read) and complex to understand, “100 Writing Mistakes To Avoid” is simple, straightforward and concentrates on just 100 important writing mistakes, avoiding which we can instantly improve our writing.

Author of the ebook:
Born in Chicago, Maeve Maddox has lived, studied, and taught English in the United States, France, and the U.K. Her educational qualifications include a B.A. (Hons) in English from the University of London, and a Ph.D. in Comparative Literature from the University of Arkansas at Fayetteville. She is also a published author of both fiction and non-fiction.

If you want to learn basic English Grammar first, then have a look at DailyWritingTips.com and signup for their blog’s RSS update and receive “Basic English Grammar” ebook for free. Also grab “100 Writing Mistakes To Avoid” ebook soon, as the price of the book will be raised to $19.99 $9.99 after 1000 people have purchase it. Now the cost of the ebook is $9.99, and its a steal at this price. Kindle Edition is available only for $11.99.