19 OctTwitter on the Small Business Radar

What the Heck is Twitter?

Twitter has carved itself the functionality similar other internet applications you are already familiar with but offers enough differences to be a unique platform.

Twitter is like…

  1. Blogging, but limited to 140 character chunks of text
  2. Text messages/SMS but available on web/desktop/mobile
  3. Chat rooms but you get to choose who you’re having a public conversation with
  4. IM‘ing but all tweets are archived and viewable on the web
  5. Status updates on Facebook and Myspace but no other functionality

Anatomy of Twitter

Tweet: the 140 character blurb to answer “what are you doing now?”

@reply: the way to respond back to a tweet. enter the at sign then the username in your tweet for them to know you speaking directly to them

Your Network is built from Followers and Following

Followers are people who choose to follow or subscribe to your stream of tweets. Your followers are your distribution reach.

Following are people whose tweets you want to follow or subscribe to.  These will show up on your home page and update immediately on a dashboard like homepage.

Direct Messages A way to privately send a tweet to someone else on Twitter. You do this by typing in d + username + message or using the reply icon on your direct message.

Hashtags/pound sign A way to aggregate an event or group that gives people a place to go to talk about the same thing. For example, #debate was a way to make any tweet about the debates as they were happening show up as a focused chat room discussion with other people on Twitter.

How Twitter can Help Grow A Small Business

  • Build your personal or company brand
  • Open doors to attention and engaging people on a 30 second attention span
  • Have an immediate conversation with someone relevant within your market, your peers and your clients
  • Increase Sales funnel and leads for your product and service line
  • Consistently deliver chunk sized value to your market through your twitter followers
  • Easy to get, store and respond to testimonials and feedback from your clients
  • Network with your market

Next post we’ll look at how to build momentum and get Twitter off the ground for small business owners and entrepreneurs.

16 Oct9 Ways to Optimize your Business with Google Analytical Tools

Measure what you Manage, How Small Businesses Get Results From Their website

Step 0: Get an account with Google Analytics

If your business has a web presence that you expect to turn into business results like new sales, new client introductions, customer service and building relationships you’ll never know how well you’re doing until you track and analyze the data.

There are plenty of web tracking tools to choose from but what I recommend and use with clients in Google Analytics, the free analytics software by Google.

Have a Website to Generate Revenue? Enable the eCommerce Analysis

If you want to drive visitors to a page for a purchase or newsletter signup you can track successful conversions using Goals and Funnels. Enable eCommerce reporting and the eCommerce Analysis report set. From your dashboard, go to edit settings. Then in the main website profile information, go to edit in the right upper corner this will take you to the  Edit Profile Information. Here you’ll find the e-commerce section, select Yes and save changes.

Machiavelli Meets Business Intel, GAnalytics Style

The End, The Means, GAnalytics Goals and Funnels

In GAnalytics  the end is called a goal. It’s the action your visitor takes that you defined as important. It’s the end result you want to track to show progress towards your business goals. In GAnalytics the means is called a funnel. It’s the path you want your prospects to take in order to reach your defined goal.
For example,  a small business looking to build a relationship with prospects through its email would define a goal as newsletter signup and the funnel as landing on a recent blog post then entering their information on the sign up box on the sidebar.

Falling Off the Bandwagon Never Felt So Good

Usually, if you’re not tracking you have no idea where your clients and prospects go other than the place you’d like them to go like an add to cart button. So without tracking all you know are your successful transactions. You know nothing about how many other people were there and just didn’t pull the trigger on going forward or worse started to then didn’t complete the transaction.

Tracking lets you know where your visitors fall off your bandwagon

When you have your ends and means defined you’ll now have the data needed to see where your visitors fall off the desired path you want them to take. This lets you know more than just an abandon rate but exactly where your customer was just before they left your site.

Tracking Lets Your Business Read Between the Lines

Get context of your visitors intent and expectations when coming to your website.
GAnalytics lets you learn how visitors came to your site by the referring url and if they searched for a phrase and went to your site, you’ll know what they were looking for in Google. You can also tell who is sending you visitors by looking at the referring URLs

Your homepage isn’t the one place visitors go to when they visit your domain.
Visitors come to your website from search engines that dig through all your web pages. GAnalytics will show you what pages they came to first, known as the landing page, the last page they were on before leaving your site, known as the bounce page, and which pages they viewed.

Who Yelled Fire? Bounce Rate and the Bum Rush Off Your Site

An interesting factor you’ll get to know is what pages on your website is most often the last page your visitor sees. This will tell you where you’re loosing their interest or attention or need to deliver more value.

From tracking you’ll be able to see which categories of products are most popular. There’s an 80/20 somewhere on your site, and you’ll want to maximize the 20% that’s bringing in you more business.

Get to Know Google Optimizer. Another Free Google tool

Does She Want the Black Dress or the Little Black Dress?

blackdress split testingSure you’re prospects are looking for what you’re offering on your website but did you know that you can test out different parts of your page to see which gets a better response out of your visitors. Maybe they were looking for a black dress and you show them the little black dress and a whole new association pops int their head bringing them closer to a sale.
You wouldn’t know any of that is possible unless you are doing split testing.
Without split testing your are your own worst enemy to reaching your prospects
I’m not talking about Christan Slater, or even Sybil. Split testing lets you try out different headlines, colors, offers, guarnutees to different groups of your visitors and tracks the results of those tests.

Conversion Testing Rules of Thumb

For every 100 conversions test 1 page element over 2 weeks. That’ll give you enough time to see results and make adjustments. Once you find a winner, replace the old variable and keep trying to beat your results. Split testing lets your business sharpen its personal best in conversion which means more sales, happier customers and more growth.

Never Spazz Out on the High of a Good Revenue Day

When your website is giving your a great revenue day. Don’t think you’re looking a gift horse in the mouth by not understanding why you’re performing so well. Analyze your website data and see where they are coming from what they were looking for and make sure its something you can repeat again!

The Holiday Season: a Retailer’s Shot in the Arm

Many retail businesses are cyclical. Sometimes earning as much in the last quarter of the year as the previous two combined. I’m going to say it again, tracking will tell show you the trends in visitors coming in, from where, and what they are looking for. Make the most of your peak season by opening all lanes for green on your website.

Aside from your internal tracking, Google can offer you an industry wide tracking from Google Insights.
An example of what Google Insights can show for an industry is a comparison between basketball, football and golf in the US over the last 12 months. What can you tell about people’s interest in these sports? What sport specific business wouldn’t benefit from knowing this?

sportseasons

Look at this chart directly below. This shows the results of the top geographic areas for the keyword football.

regionalinterst
What regionally targeted business wouldn’t want to know where their most interested prospective visitors might be coming from during football season?? Take a look at the second graph for footballs most interested US areas and key searches.

This is a hopefully brief, but long blog post,  overview of using Analytics on your website to help grow your business. If you feel I should cover more or have questions, please comment below!

14 OctCIOs Speak Out On Most Important Business Technology Management Skills

A great round up of the most important skills a business technology manager can possess to help grow big businesses. This video clip has great takeaways that apply to smaller businesses too.

11 OctBridging the Knowledge Worker Divide

The Productivity Standard for Knowledge Workers Explained

When I first read Seth’s post on the productivity divide,  I didn’t get it. It seems like these were no-brainers to me. These were the things that make me a rockstar in dealing with everyday business tasks and help get lots done effectively.

But his post wasn’t meant for me specifically. I was too close to the solution to see that I’m on the other side of this divide. The questions Seth asked were meant to help all knowledge workers, small business owners and marketing heads get a healthy checkup on using all the tools available to help with responsibilities and increasing productivity.

Now that I see the value of putting the divide into a tangible list. I’d like to add on to Seth’s list of questions with some places to get answers.

  1. Can you capture something you see on your screen and paste it into Word or PowerPoint? Screen Capture On Windows and Screen Capture on Mac
  2. Do you have a blog? You can start one now with wordpress
  3. Can you open a link you get in an email message? If it’s hyperlinked, just click. If not copy link into your browser and hit enter.
  4. Do you read more than five blogs a day? If you can’t find 5 blogs relevant to your business, here’s how to look for them then discover how RSS works to make sure you keep up with new posts as they happen in one place.
  5. Do you have a signature in your outbound email? An email signature is an underused marketing strategy that goes out with reenforces your message with every email you send.
  6. Do you have an RSS reader? Watch an intro to Google Reader to see how it works.
  7. Can you generate a PDF document from a Word file you’re working on? Install a free pdf writer for windows and Mac has a built in print to PDF feature
  8. Do you know how to build and share a simple spreadsheet using Google Docs? Watch this how to video that explains building and sharing in Google Docs
  9. Do have a shortcut for sending mail to the six co-workers you usually write to? Shortcuts in Outlook and in Gmail
  10. Are you able to find what you’re looking for on Google most of the time? Surprisingly useful basic info on search and some in depth Google Search
  11. Do you know how to download a file from the internet? Read how to download files.
  12. Do you back up your work? Here is a list of back up options for your work
  13. Do you keep track of contacts using a digital tool? Try something like Highrise
  14. Do you use anti-virus software? If you don’t have one get an anti-virus program and an anti-spyware program.
  15. Do you fall for internet hoaxes and forward stuff to friends and then regret it? See the link in the question for help.
  16. Have you ever bought something from a piece of spam?

I’ve got no help for the last one but now you’ll be able to bridge this productivity divide that every knowledge worker faces. Like Seth says, if you need any help, there’s plenty to go around here.