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The only two sources of competitive advantage for Any business.

April 13th, 2010 Mawuna R. KOUTONIN No comments
Strategy

Strategy

Former GE CEO Jack Welch once said, We have only two sources of competitive advantage:

  1. the ability to learn more about our customers faster than the competition, and
  2. the ability to turn that learning into action faster than the competition.

How can you put this powerful insight into practice to win, and grow your small business?

Forget The Old networking. Build your Profitable Referral Network.

Business Networking

Business Networking

The Old Networking sucks!

Have you tried networking for your Business? Can You measure the business outcomes of your networking effort? Is it worth the time, the stress, the uncertainty, the investment you devoted to it?

Recent studies and testimonials on business networking are revealing that 92 to 98% of professionals and business people on social or professional networking websites and clubs obtain No business impact from the time and money they invest in networking, and are unable to measure any impact they assert.

Leads groups

Leads groups are the most successful marketing effort for your dollar that you can find anywhere.

While leads groups have always been immensely successful in building mutually beneficial relationships, combining them with social media has taken them to a whole new level.

Linkcrafter has made things much more easier with Online leads groups.

With Online leads group Members and managers of leads group don’t even have to leave the comfort of their own home or office to take part in rewarding professional relationships. It’s easier than ever to keep in contact with leads and ensure that groups stay focused and motivated.

Superior advantages for Online leads groups

A recent study has found that taking traditional leads groups online make them more profitable to its members:

  • Online leads groups members receive 5 to 11 times more sales leads and business opportunities than a member of a traditional leads group.
  • A typical Online leads groups member save up to 8 hours a month in leads group meetings compared to a member of old style leads group, But receive much more leads.
  • Joining an online leads group is Free.

But Wait, there is more.

Online leads groups beat traditional leads groups in these 4 compartments:

  • Members and managers don’t even have to leave the comfort of their home or office to take part in rewarding professional relationships
  • They are less stressful, less time consuming, and you can join or start a group for Free.
  • No need of the 4 meetings a month. Passing leads and tracking leads results all happen online.
  • You can afford to join several local or national leads group. It doesn’t take more time nor more fee.

Leads are vital to the success of any business, so why not get back in the game today?

Start Your own profitable leads group today

Linkcrafter is the N°1 solution provider for Leads groups and referral networks in the USA and in Europe.

There is no other place where you can find a set of powerful marketing tools as on Linkcrafter. For example, capturing leads is not limited to human to human interactions. Linkcrafter made available powerful widgets and survey scripts that work to capture leads even when you are sleeping. The Internet never sleeps. These bots are constantly putting you in front of potential clients and customers and bring you business.

Join to Grow.

To join, Follow this link: http://linkcrafter.com

How to improve Leads conversion in your Referral Network?

Attract Customers

Once you begin your journey in the world of leads groups, you’ll need to put some specific strategies in place to manage the leads as they come. Without any type of organization, things can get out of control quickly and you can lose as many leads as you bring in. Here are some tips to avoid this problem:

• Work on differentiating leads. Decide on your definition of an active lead and know when to drop a lead if it isn’t producing results.

• Keep careful records. You need to know exactly where your referrals are coming from so that you know what’s working and what isn’t. This will also help you in the wider field of business contacts in general.

• Respond to leads quickly. Nothing is more frustrating than trying to get a hold of someone who just isn’t responsive. Don’t be that person to your leads! If you don’t get back to them within a reasonable time frame – say, two days – then you’ve let the worm off the hook.

• Approach each lead as a sale. In a way, you’re doing the same thing with a lead as you are with a customer: selling them on your business. So treat them like you would any client and be ready to answer their questions if need be.

Once you have your leads up and running, the key to taking them to the next level is to keep detailed records. Examining your return on investment for each lead is the way to generate more business in the future with the best results possible.

Fortunately, You don’t have to do all these things manually anymore. Linkcrafter has create the best leads groups software  with CRM  integrated. Move your leads groups from Meetup, Yahoo! group, Linkedin, ecademy, Ryze, Ning to Linkcrafter, a customized, robust, and sophisticated software made only for Leads groups and referral networks.

Sarah, the housewife and Pete.

love_folderSarah, a housewife, meets a man named Pete at the grocery store. Pete sells high-quality, environmentally friendly light bulbs. Sarah doesn’t have any need for a light bulb when she meets Pete, but as they strike up a conversation she mentions a few things she does need – a house cleaner, a mechanic, and a place to find vintage records.

Pete tells her he knows his sister is very happy with her house cleaner, and asks for her email address so he can follow up and give her the name later. He sends her the following email:

Hi, Sarah –

Good to meet you at the store; I enjoyed our conversation. I spoke to my sister Julia about her house cleaner and she recommends Lupe Velasquez at xxx-xxx-xxxx. She says feel free to mention her name when you talk to Lupe.

I remember you also said you were looking for a mechanic and a good vintage record store. I didn’t know myself, but I asked around a little bit, and I hear very good things about Hoshi Motors and Rockin’ Records on Broadway. Apparently the guy to talk to about vintage records is named Dan, and he works there on weekday afternoons.

Hope that helps! Looking forward to keeping in touch.

Best,

Pete

Sarah is grateful to Pete for his help, and her natural response to that gratitude is to do him a good turn in exchange. She introduces Pete a man she knows who does environmental design, and who may need light bulbs for his projects. She mentions his name to a friend who’s looking to cut her electric bill and to her brother the next time she’s with him at the hardware store buying new bulbs.

Why does Sarah put so much effort into helping Pete? Because Pete put so much effort into helping her, without expecting anything in return.

In exchange for the trouble Pete put into introducing her to his network of people, he now has three potential new clients, all of whom need what he’s selling.

If Pete had instead put his effort into selling Sarah a light bulb she didn’t want or need, he might have made a single sale, but Sarah certainly wouldn’t be as eager to refer him to others she knew. Sarah’s not likely to want to help out a random salesman. But she will want to help out – and introduce to her own network of people – a friend.

The power of reciprocity will always be in your favor. The Copywriter guru Brian Clark put it this way

“First, you’ve gone out and either found or created something to solve a need they told you about. You’ve done them a favor, and they’ll want to repay that. If they’re in the market to spend six figures on an automobile, you’re the person they’ll want to buy it from.”

Enjoy Peace of mind in Business with The Single Action Marketing Solution.

“Send your customers to other businesses for free and See your business flourish”

It’s magic and it works.

Single Action Marketing solution

Single Action Marketing solution

If you’ve tried many things, but the results are miserable, it time to switch to Linkcrafter and receive faster, more enthusiastic and more qualified responses. Linkcrafter’s approach works consistently what ever the background of the user. It only requires one single action, which is easy and even enjoyable to do.

Join Linkcrafter today.

How the Disciple Became the Guru?

March 28th, 2010 Mawuna R. KOUTONIN No comments

During the 1960s and 1970s, the Japanese achieved major advances in manufacturing management, which led to their rise as an economic power. The Japanese economic miracle and the country’s new manufacturing skills and methods surprised western firms; but the Japanese had done this by studying, adopting, and eventually perfecting the best practices of the West itself.

A research team at Harvard and Duke Universities found that India is achieving similar feats in workforce development by learning from the best practices of the western companies that have outsourced their computer systems and call centers there. It has adopted these practices and perfected them.

The report titled “How the Disciple Became the Guru”, details the workforce-development practices of 24 leading companies in India. You can download it here: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1170049

Categories: Business Strategy, News, leadership Tags:

Why You Should Pay Attention to Where your Customers Live.

March 28th, 2010 Mawuna R. KOUTONIN No comments

Two recent papers from wharton universia found that geography continues to have an impact on efforts to market through the Internet in ways that could help online merchants target new customers. Specifically, the papers examine the effect of economic geography on Internet retailers trying to reach potential buyers of specialty products who live in an area where their purchasing decisions make them a minority.

The first paper, “Traditional and IS-enabled Customer Acquisition for an Internet Retailer: Why New Buyer Acquisition Varies by Geography and by Method,” by Bell, Wharton marketing professor Leonard Lodish and Jeonghye Choi, a professor at Yonsei University in Seoul, compares traditional methods of reaching customers with Internet-enabled techniques.

A second paper written by Choi and Bell titled, “Preference Minorities and the Internet: Why Online Demand Is Greater in Areas where Target Consumers Are in the Minority,” also studies Internet retailing in the context of the physical world.

You can reach the studies full review here: http://www.wharton.universia.net/index.cfm?fa=viewArticle&id=1862&language=english

Hotels that Price above Competitors See Comparatively Higher Revenues

March 24th, 2010 Mawuna R. KOUTONIN No comments

haunted_hotelA new hospitality industry research study finds that rates are the key factor in maintaining revenues, rather than occupancy, when European hotels compare their rates and revenues to their competitive set.

The main finding is that Hotels that maintain a higher price position than their competitors record relatively higher Revenue, even though their average occupancy is relatively lower (Based on 8,026 hotel observations taken during 2006 and 2007, just at the end of the last boom, and during 2008 and 2009, when most nations endured an abrupt recession).

The hospitality research analysis noted that small and medium size hotels gained relatively higher occupancy when they offered prices lower than their competitors, as compared to large hotels. But the study’s main findings still held regardless of hotel size or presence of chain management.

You can download a free copy of the research paper  here: http://www.hotelschool.cornell.edu/research/chr/pubs/reports/abstract-15216.html > Registration required :(

Never Ask Anything in Return!

March 12th, 2010 Mawuna R. KOUTONIN No comments

GoodBuzz - Free Marketing- Viral MarketingDr. Stephen Farley wants to use the IRaaS approach to find more patients for his clinic. As he goes about his daily appointments, he asks questions of his patients, learning about their work and personal life and some of the frustrations or problems they’ve been having.

The good doctor takes notes as he writes down symptoms and goes through the process of checking his patients’ health. That afternoon, when he has a spare few minutes, he goes to his IRaaS network and asks for help on a few of their problems.

He gets back several possible solutions from his network, which he then reviews. He finds what he thinks is the best solution for each of his patients, and sends each one a short email.

Dear Jerry,
I hope the medication I prescribed is helping your back pain. I wanted to drop you a quick note because you mentioned you were having trouble finding an insurance policy that offers comprehensive health insurance with a fixed cost and $25 co-pays. I’m enclosing the name of an insurance agent who provides a package I’m pretty sure would work for you. I’ve let him know you may be in touch.

*******

Dear Mrs. Baxter,
I thought you might enjoy this article from Business Profiles – it seemed right up your alley. Hope all is well with the family and you’re feeling better soon.

*******

Dear Cameron and Jennifer,
I’m looking forward to your gallery opening immensely, and I was wondering if I could be of some service promoting it. It occurs to me that many of my patients may be interested – would you like to put up a poster or any flyers you may have in the waiting room? I can also include the exhibition in our monthly newsletter if you can give me the info by Friday. Again, I’m delighted to be attending and happy to do anything I can to help make the opening a huge success. Just say the word.

*******

Dear Claire,
Congratulations on the birth of baby Emily Rose! I know the wait was both joyous and anxious for you, and as your OB-GYN I’m relieved both as a doctor and a friend that all your hard work and devotion to your health has paid off. I wish you, your husband, and your beautiful new addition to the family much happiness. I look forward to meeting Emily soon.

*******

Dear Mr. Rosenberg,
I hope you’re feeling better; flu season can be wretched. You mentioned you were having trouble keeping up with the office while you were home sick because you haven’t a cell phone that receives email. I looked around a bit for you and had many people recommend me this phone as both affordable and easy to use. I hope this helps you keep up with everything – but don’t work too hard! You need lots of rest to get over that flu.

Every one of Dr. Farley’s patients just got a personal message from a man who sees dozens of people every week. They know he cares and they know that he is interested in their lives. The next time any one of those patients hears a friend complaining about his doctor, or needing a new one in the area, who do you think they’re going to recommend?

Trust in the law of reciprocity. You don’t need to ask for referrals. Customers who are devoted to you and your business will want to do you favors. They’ll not only be delighted to recommend you; they’ll sing your praises to anyone who will listen. A genuine gesture of selfless friendship is extremely rare. Don’t diminish it.

A Word of Warning: Never Ask Anything in Return

It’s tempting to tack on an extra sentence or two to push for that sale. The good doctor could very easily have added in something like, “Could you recommend my services to anyone who might be interested?” It doesn’t seem like it would do any harm, after all that goodwill. And the customer probably needs a boost to help them recommend me to others.

Don’t be tempted. Asking for the sale will immediately undo all the good work that’s just been accomplished. Instead of feeling cared-for and appreciated, your customer will immediately feel manipulated.

“He doesn’t care about me! He’s just using me to get new clients!”

“The highest form of public relations is human relations. People buy from friends, so it’s crucial to make the human bond before you can make a lasting business bond.  Always Develop The Human Bond Before The Business Bond”. Jay Conrad Levinson

How to Manage your Leads and Reach your Goals.

February 17th, 2010 Mawuna R. KOUTONIN No comments
Attract Customers

Attract Customers

Once you begin your journey in the world of leads groups, you’ll need to put some specific strategies in place to manage the leads as they come. Without any type of organization, things can get out of control quickly and you can lose as many leads as you bring in. Here are some tips to avoid this problem:

• Work on differentiating leads. Decide on your definition of an active lead and know when to drop a lead if it isn’t producing results.

• Keep careful records. You need to know exactly where your referrals are coming from so that you know what’s working and what isn’t. This will also help you in the wider field of business contacts in general.

• Respond to leads quickly. Nothing is more frustrating than trying to get a hold of someone who just isn’t responsive. Don’t be that person to your leads! If you don’t get back to them within a reasonable time frame – say, two days – then you’ve let the worm off the hook.

• Approach each lead as a sale. In a way, you’re doing the same thing with a lead as you are with a customer: selling them on your business. So treat them like you would any client and be ready to answer their questions if need be.

Once you have your leads up and running, the key to taking them to the next level is to keep detailed records. Examining your return on investment for each lead is the way to generate more business in the future with the best results possible.

The renaissance of leads groups means that business people spend no money on advertising and less time in networking, yet grow their sales, visibility, and brand awareness. It’s the wave of the future.

Linkcrafter sits on the nose of this revolution. In less than 3 months, Linkcrafter became the #1 leads groups and referral networks utility in the USA and in Europe, managing more than 30.000 leads groups in the US and around the world.