The Art of Business

Small Business and the Internet

Every business whether service or product based, regardless of size or industry, can capitalize on the Internet in at least one of three areas: marketing, sales or operation, if not all of them. In each case the Internet can provide the small business low cost tools that can dramatically improve the effectiveness and productivity of marketing, sales and daily operations, translating to a bottom line showing increased revenues and reduced costs.

Marketing
Marketing is the building of awareness of your company in the mind of the customer and generating specific interest in your products or services. E-mail, coupled with a company Web site has tremendous potential as an effective and low cost marketing tool, but only if they provide value. So what’s value? Knowledge! Here’s a quick how to.

First, secure a domain or dot com and get a Web site up and running. Include as much information about your company—its products, services and people as possible—but more importantly, include educational information. Educate your Web visitor about your field, industry and recent events as they relate to the customer. Make your Web site a resource for the customers, not just an online brochure. Attorneys educate about the law; real estate agents about selling and buying a home; real estate appraisers about increasing the value of a home; insurance agents about reducing premiums by reducing risk. The objective is to create a valuable resource for the customer, which will build awareness and goodwill.

The next step is to make people aware of your Web site as a resource and to get them there. Have your Web address on anything and everything your company produces—promotional material, invoices, purchase orders, letterhead and e-mails. Especially e-mails. If someone is reading an e-mail, they are a short step from being at your Web site. If your Web site is www.company.com then your e-mail should be me@company.com. Also include a signature line with all your contact info and Web address on all e-mails so getting to the Web site is only a click away.

Once you have this in place the next educational/marketing tool is a newsletter. Rarely does a small business have the resource to produce a newsletter from scratch. So don’t. It’s what we in the trade call “content” and an entire industry has spawned to purchase content. In some cases you can purchase a ready to go newsletter at a fraction of the cost of doing it yourself. Just put on your company name, logo, and off it goes. You can also get content from trade associates, suppliers and authors in the field who write articles just for this purpose.

The most effective e-mail newsletters are those that include only the first paragraph or two of an article in the e-mail, followed by a link to the complete article on your Web site. This way you get the reader to the Web site and hopefully they will look around after completing the article.

Sales
Sales converts the interest generated by your marketing into completed sales. You have a lead; the goal is converting it into a completed sale as effortlessly and quickly as possible. Your Web site can be your 24/7 sales force. Anything a potential customer needs to make a buying decision should be there. Any question they might ask should be answered, so include a FAQ or Frequently Asked Questions page for each product or service. Many times sales are lost simply because a competitor was faster in answering all the questions first.

Any information on your Web site should be packaged into an easy to e-mail file. This way, should they call and talk to you on the phone, you can instantly send them the complete package via e-mail. PDF or Portable Document Files are ideal for this; they allow the sending and viewing of high quality materials independent of the program used to generate them or the computer used to view them. See www.adobe.com for more info on generating PDF documents.

Operations
Operations includes everything to produce and deliver your product or service to the customer. You have made the sale, now you have to produce and deliver your product or service. There is a growing trend known as the Application Service Provider or ASP that offers the small business a powerful and low cost tool, set to do just that. Previously, when needing a software application, you purchased a diskette or CD-ROM and loaded this on your computer. ASPs are Web sites that offer an application for a small monthly fee or for free if you don’t mind a few advertisements.

The most notable is Quickbooks.com, the popular accounting package for small businesses. Instead of buying the software, you can now subscribe to it for far less. Another example is Intranets.com, which offers a complete suite of group productivity and communication tools ideal for doing collaboration between team members. Instead of paying hundreds or thousands of dollars for a software package that you might use once or twice, you now can subscribe for however long you need it and at a far lower cost.

The most common misconception, which is shared by retail and non-retail businesses alike, is the belief that they cannot benefit from the Internet because of their inability to sell a specific product online. That is not so; all businesses can benefit from using the Internet if they can just see the possibilities.

—Ron Phillips

Ron Phillips is President of Dept-One, a full-service information technology solutions company based in Poughkeepsie, NY. Dept-One serves small businesses—serving as their client’s technology department—and providing complete solutions to help small businesses grow. For more information, call Ron at 485-2675; e-mail him at rphillips@dept-one.com or www.dept-one.com.