Social Media. Love it or hate it, its presence in our personal and professional lives is not going anywhere anytime soon. And for business owners who hope to leverage its power to grow their customer base and reach a larger audience, it can be both rewarding and an absolute nightmare.
The first thing we need to remember is that these platforms are in continuous flux. What worked two months ago may not hold true today. Algorithms change, updates are made, new rules and regulations are created, and restrictions are imposed.Â
And all of that falls completely outside of our control.Â
Thatâs why most marketing experts (and us) recommend not putting all your eggs in the social media basket. However, just like an adult-sized bib at a Lobster House, everything has its benefits; you just need to learn how to use it to your advantage. You canât throw up a handful of posts and then walk away and expect to see any results. It takes consistency, creativity, a lot of trial and error, and regularl...
As business owners, you are responsible for communicating with your employees. Thatâs just part of the job. And whether you have one person on the payroll or one hundred, you need to know how to effectively communicate your vision and expectations if you want to lead for long-term success.
There have been entire books dedicated to the subject, but weâre going to listen to our own advice and get straight to the point - or, nine points in this case.Â
The robots are coming for your jobs.
There are a lot of worries, misinformation, misconceptions, and fear-mongering surrounding the increasing popularity of Artificial Intelligence.Â
AI is the buzziest of buzzwords these days; more and more applications are entering the mainstream, and the possibilities feel endless. It's sort of like one of those late-night infomercials. "But wait, there's more!"
On the one hand, yes. The robots HAVE taken jobs. You can order a fast food meal, pay a toll, or hitch a ride without ever interacting with an actual human being.Â
But on the OTHER hand (we have two, remember), AI is predicted to actually CREATE jobs; 97 million by 2025, to be precise.Â
The fact of the matter is that it's not going anywhere, whether you embrace it or not.Â
So why not embrace it?Â
AI continues to transform everything from manufacturing to farming, data entry, janitorial tasks, investing, insurance...the list goes on. And for small business owners - already struggling wi...
Want to know how you can get into bed with your customers every night?Â
Or be by their side nearly every minute of the day?
Itâs not as scandalous (or stalkerish) as it sounds.Â
Weâre talking about two simple words: Mobile Marketing.
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Mobile marketing is a powerful and effective way to reach customers where they are at any time and any place. Think about how often youâre on your own phone. Youâre checking emails. Youâre reading the news. Youâre scrolling through Twitter or responding to texts or checking your bank balances, or playing Wordle. Point is, youâre on it a lot - and probably more than you realize. According to Zippia, the average American checks their phone approximately 96 times PER DAY. (Thatâs once every ten minutes.)
So yeah. Why wouldnât you want to tap (into) that? Here are five of our favorite strategies to consider incorporating into your own business.
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1. Develop a mobile-friendly website: What looks good and functions well on a laptop doesnât necessarily ...
In just a matter of days, weâll be closing the door on 2022 and welcoming a brand new year - and with that, many of us will set resolutions for 2023. Now, whether we KEEP those resolutions is another matter entirely (an estimated 65% are abandoned in the first month), but itâs important to at least try, right?
Our newsletter last week (aptly called The Weekly, check it out if you havenât already) touched on four things small business owners should address before the year wraps up. But now itâs time to really double down on number 2 from that list: Plan for next year.Â
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1. Get better at managing your finances: Make a commitment to better understanding and managing your businessâs finances. That includes creating (and sticking to) a budget, tracking expenses in a timely manner, and regularly reviewing your financial statements.Â
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2. Prioritize customer service: Resolve to make customer service a top pr...
When it comes to running a business (or life in general, really), two things nobody ever complains about having too much of are Time and Money. We canât imagine any scenario where someone would turn down more of either. And yet, both are far too often squandered by small business owners.
Where money is concerned, itâs easier to track. Youâve got bank statements and budgets and cold hard numbers to determine where the waste is happening. Itâs all very black and white; it just takes some leg work.Â
Time - more specifically, effective Time Management - is a bit more nebulous. A dollar is a dollar, but what one person can do with an hour is vastly different from what the next guy can do with those same 60 minutes. People work at different paces.Â
Thatâs why itâs critical you carefully evaluate your own time management skills on a regular basis. Time is a valuable asset, and you want to ensure youâre getting the best ROI for the effort and energy youâre putting into your business.
Here ...