Face it, there are some times when being big, or at
least LOOKING big, can be an advantage when you’re
in business. Some of your customers and some of your
suppliers think that BIG means more reliability, a better
price and higher quality. WE know that’s not necessarily
true, but if making your company look bigger brings
more customer orders, you may want to consider doing
the things that will provide that look.
One of the easiest moves you can make, though the
cost can vary greatly, is to incorporate. Mary Jo’s
Creations, Inc., has a more “big business”
feel than Mary Jo’s Custom Dolls. Please consider
the tax implications before you incorporate, though,
and make sure that it is right for your business.
Another good opening move is to get a good graphic
artist to design your company’s logo. Logo costs
can range from inexpensive to “if you have to
ask, you can’t afford it!” so shop carefully.
Please bear in mind that graphic artists can be better
at some subjects than at others. Even if your sister-in-law
who does the cute logos for the local specialty toy
businesses can give you a great break on price, she
may not be the best bet for your computer software
company. Take a look at the designer’s portfolio
to see if any of the work shows a style that looks
right for company logo.
A lot of sites mistake complicated for professional,
even the very big retailers who are moving into e-commerce.
If it takes a long time to load or has Shockwave or
Flash, you need to make sure that it’s really
related to what your business is offering. Sure, it
looks cool but those three factors can send your customers
searching for other places to do business since many
of them do not have enough bandwidth or memory to
have things run as well as they do on your brand new
machine. Good web design that lets your customers
find what they’re looking for quickly - ideally
within three clicks - can make your business look
professional. That’s a set of clues that they’ll
equate with “big business.” Other options
that make your small business look big include:
Have a good privacy policy posted where they can
easily find it.
Make sure that your price is fairly competitive, unless
your product is something that they can’t get
from other merchants. It doesn’t have to be
the best price, but it should be reasonably close.
Make it easy for them to buy once they’ve filled
the shopping cart! Yes, you do need a merchant account
if you are doing business over the Internet. Anything
that slows your customers down or makes it more difficult
for them to buy your product is something that you
should examine and eliminate if at all possible.
Let them know before they check out if an item is
in stock.
You may want to consider offering them a free gift
with their first purchase to make filling out the
billing and shipping information easier to swallow.
Offer them the opportunity to buy through a secure
website, switch to toll free phone order or choose
conventional mail order. A number of people still
feel that e-commerce isn’t completely safe,
a situation that was reinforced by CD-Now having thousands
of credit card numbers taken from its site by a hacker
who offered to return them for ransom. Let them know
that your site, and their data, is secure. Then make
sure that you keep that promise.
Offer them express delivery service, if they’re
willing to pay for it.
Explain how you handle returns if they find the purchase
unsatisfactory for whatever reason.
You may wish to consider offering online help. Make
it easy for them to contact you by email, at least,
and make sure you reply within one business day. There
are a number of other customer care options that are
becoming available, including having inbound agents
at call centers keep your phones covered 24/7. That
way, people can always get the information they need
when they’re making a purchase decision. This
may be too expensive still for many small businesses,
but rates will continue dropping and minimum hours
covered may drop as well.
Once your customers have placed their orders, taking
care of them after the sale will really increase your
long term profits because they’ll come back
to you the next time if they had a great experience.
They’ll also refer their friends, coworkers,
neighbors and family members to your business.
Send them an email confirmation that their order
has been received.
Inform them when it is shipped, which carrier it is
going with and the tracking number (if any) so that
they can check to see where it is themselves.
Check yourself to make sure that it was delivered
by the carrier.
Send them a follow up email a few days after delivery
to thank them for their business. Make it easy for
them to get back to you if there were any problems
because you want to resolve bad situations quickly.
Big businesses are using data mining techniques. That
is MBA-speak for looking at customer information,
purchase patterns and navigation of a website to tailor
later offers to customers and get a higher response
rate than they can from untargeted direct mail. You
may not be able to use the most sophisticated and
expensive techniques, but you can use common sense
ones to make offers that your customers are more likely
to buy. If you sell seeds, for example, you could
look at which seeds your customers have purchased
in their previous orders. Did they buy a lot of annual
seeds last year? Were they mostly vegetables or flowers?
You can put together a special offer that will make
them more likely to buy this year based on what you
know about them.
A customer who has once purchased from you is more
likely to buy from you again. Repeat business is more
profitable because your marketing costs are lower
to retain customers than they are to get new ones.
Some studies have indicated that, on the average,
it costs 8 times as much to get a new customer as
it does to keep an existing customer satisfied and
ordering regularly.
Are you ready to make your business look, and behave,
like a terrific bigger business? Do it and keep it
growing, and you may achieve that bigger status by
being a class act.
-Cindy Nemeth-Johannes