R U Automated – August 10, 2009
Thirty Percent of Your Business
Can you part with thirty percent of your business? Didn’t think so. Could you stand to increase your business by thirty percent? Thought so. Business has changed so much in the last few years and lately I’ve been wondering how I could put the change in the context of real numbers. Well the way I do business has changed about thirty percent. The way I came up with that number is actually pretty simple. I’m 51 years old. That should tell you that I’ve been around since before online marketing. Yes, I know. I must have been a cave dweller.
It was only a few years ago that most business was created by actually knocking on doors or dialing the phone and introducing yourself. Agh! Gasp! “Really?” inquired the young ones. Really. Of course if your product was good and your advertising better, you might even eek out some referrals. Ah the good old days.
Well now there is the internet. We can actually meet someone on the other side of the planet via online ads, emails, or social networking without ever knocking on a door. So chances are you are taking part in the new ways of the business world or you are clinging to your old ways and hanging on by your nails, hard work, and true grit. Most of us are now doing some of everything to stay in the game.
So what does all this mean in numbers? I added it all up and discovered that over the past few months, thirty percent of my new business came the old fashioned way, thirty percent came by way of referral, ten percent was oddball, and last but not least, exactly thirty percent came from online marketing. To be exact, Facebook and Twitter. That’s right. Thirty percent of my new business, in the last three months, came from people I had originally met via social networking through online sources.
For all you holder onners, people that insist on not jumping into the new fangled ways of doing business, I can say emphatically that without that last thirty percent, I would be out of business. And what if you haven’t begun your online social networking yet? Can you wait before you add thirty percent to the top of your business? There are actually plenty of businesses now that do one hundred percent of their business via online social networking. To many of you this is not news. However, there are still a few that need to dive in. So here are the steps required:
- You should have a Website that is accessible, easy to understand and follow, and is a good sales tool to refer your online contacts to.
2. Learn the new etiquette of online social network conversation, (how to build up your business without ever leading conversation with business.)
3. Develop the right kind of online contacts for your type of business.
No matter what kind of business you are in, adding online marketing, particularly social networking sites, to your plan will increase your business. But take your time and follow these three steps so you’re not spinning your wheels. As always, for more info or some help getting started, call me. I’d be happy to help.
John Abato, The Angel Valley Company