Relationship Marketing -- Key For Small Local Business

Written by Sharon Fling


Someone wrote me recently and said "I don't think every small business hasrepparttar need nor inclination to send regular follow up emails."

The "no inclination" part I can believe, but no need? Not unless you have allrepparttar 105306 business you can handle. Otherwise you need to collect (opt-in) email addresses at every opportunity, and use them to establish and build relationships with your prospects and customers.

The key word in that sentence? Relationships. If you want to promote your local business effectively online, relationship marketing is key.

WHAT IS RELATIONSHIP MARKETING?

Relationship marketing isrepparttar 105307 act of building close relationships with existing customers and prospects. It's about having an ongoing dialogue with them over a period of time. It can also include gathering customer information and analyzing their behavior, but don't let that scare you. You can practice relationship marketing on a small scale and get plenty of benefits without implementing a full- blown system.

You may not haverepparttar 105308 financial resources of Office Depot or WalMart, but as a small business owner, you can do something they can't -- have real person-to-person relationships with your customers.

There are 2 critical components to making this strategy work: a relationship-oriented website andrepparttar 105309 consistent use of email to stay in touch.

RELATIONSHIP-ORIENTED WEBSITE

The relationship marketing process starts when a visitor arrives on your website. If you wantrepparttar 105310 relationship to progress beyond "hello", make sure it's a wonderful experience. Invite her in, introduce yourself, and offer refreshments inrepparttar 105311 form of free information or something equally enticing.

At this point you should ask for her email address so you can send more valuble information inrepparttar 105312 future. This is crucial to your success - you must obtainrepparttar 105313 email address onrepparttar 105314 first visit. You may not get a second chance.

Once you haverepparttar 105315 email address, point your visitor toward helpful resources. A restaurant could offer recipes or discount coupons. A plumbing business might offer tips for avoiding costly repairs. A small business site could offer a collection of articles. Whateverrepparttar 105316 business, there's some sort of information or gift customers would find useful. Give valuable information freely and don't worry about giving too much away. Give before you get, that's repparttar 105317 way ofrepparttar 105318 web.

Ideally you'd haverepparttar 105319 ability to collect information about individual customers, but not all small businesses can affordrepparttar 105320 technology needed to track individual preferences and provide different experiences based upon them. If you can't, don't worry about it. But do try to collect first name at a minimum so you can personalize emails.

What else characterizes a relationship-oriented website?

- FAQs: Make it easy for people to findrepparttar 105321 information they need by providing online help files. Make a note of questions you're asked repeatedly and compile them into a FAQ (Frequently Asked Questions).

- TWO-WAY DIALOGUE: Make it easy for customers to contact you and encourage them to do so; what you want is a two- way dialogue between you and your customer. When in doubt, ask them what they want. They'll tell you. If you find out what your customer wants and become a friend, you will beat most ofrepparttar 105322 competition hands down. And be human - life is inrepparttar 105323 details.

- TIMELY RESPONSE: When your customer does "raise her hand", reward her with a quick response! There's nothing more de-motivating than an unanswered email to someone who claims to want my business. More than once I've purchased a product and written a followup email, only to have it go unanswered. Guess who won't get another dime of my money?

- FREQUENT UPDATES: If you want people to visit frequently, you must give them a reason -- new content, a fresh look every how and then, information updates. A website is never finished.

- MONEY-BACK GUARANTEE: If you're selling something, you should offer an ironclad "no questions asked" money-back guarantee! Then honor it. Sure, there are jerks out there who will try to rip you off. Consider it a cost of doing business online.

The Entrepreneurial Myth: Why You Don't Have to Sacrifice Your Marriage, Your Job or Your Sanity To Be A Successful Entrepreneur!

Written by Carolyn Beale


You knowrepparttar stereotype: A typical entrepreneur as a workaholic, runningrepparttar 105304 business atrepparttar 105305 cost of family and personal time. But it doesn’t have to be that way! A growing number of North Americans are choosing to invest in their own and their family’s future by dedicating 10 to 20 hours every week to a part-time home-based business. Newsweek magazine reports that byrepparttar 105306 year 2005, it’s anticipated that 50% ofrepparttar 105307 households inrepparttar 105308 United States will be involved in a home-based business!

Home-based business is a $427 billion a year industry. That’s bigger than General Motors, Ford, and Chrysler all put together. The success rate for home-based businesses is over 80% and average home-based business owners pay themselves between $50,000 and $250,000 a year. BUT … only withrepparttar 105309 right team andrepparttar 105310 right company with a track record that can PROVE their success! Running your own small business can reap huge rewards, including tax write-offs for entertainment, travel, office space and operating expenses.

So what DOES it take to achieve success working from home? Traditional businesses offering a product or a service often require significant start-up investment so increasingly, people who have a significant desire to change their life circumstances but who don’t have a lot of money to spend are turning to a unique business model that offersrepparttar 105311 wonderful advantage of not having to sell or deliver products, collect money or complete complicated paperwork.

Basically, starting this business requires that consumers simply switch stores to fully guaranteed products. The buyer’s decision is simple: since we all buy personal care, household cleaning, laundry, vitamin/nutritional and skin care/cosmetics products on a monthly basis, there’s no question about WHETHER to buy these types of products, but only a decision about WHERE to purchase them. Therefore, this business model involves spending no additional money torepparttar 105312 usual household budget.

In exchange for their loyalty, customers are paid anywhere from 7 – 20% commission on word-of-mouth referrals, depending onrepparttar 105313 number of customers personally eferred. “Helping People” bonuses can also be a significant source of income. Although traditional methods of referring customers to set up month-to-month accounts withrepparttar 105314 company have relied on community networking, great strides are now being made using technologies such asrepparttar 105315 internet and conference calling. Dedicated customers can also choose to benefit from a wide range of money-saving services, from long distance savings and prescription discounts, to travel club membership and vehicle purchase programs.

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