October is Breast Cancer Awareness Month

2016 celebrates 30 years of awareness, education and empowerment for NCBF, the National Breast Cancer Foundation. October […] kicks off National Breast Cancer Awareness Month, which has become a well-recognized event and movement in the fight against cancer. Throughout the past 30 years, countless donations and sponsorships from leading manufacturers, suppliers and other organizations have sought to make a difference in the fight against this insidious disease by raising money for research and treatment. One way to do this is to adopt the now well-recognized pink ribbon as part of a new look or new product line in your store.

How you can help

As a retailer, there are many ways you can contribute to this worthwhile cause while […] providing an opportunity for your customers and your community to join in the fight. One very simple way to help is to offer products branded with the organization’s classic pink ribbon in your store or on your website. 

Breast Cancer Awareness

When you order products from wholesalers associated with the NBCF, like the Pink Ribbon Shop, Warriors in Pink, DollarDays or Choose Hope, a portion of your purchase is forwarded to the foundation. Similarly, you yourself can track any products sold in your shop and then make a donation, frequently calculated as a percentage of profits, from your store to the foundation.

Be Proud

Using signage in the store or in the display to proudly show your support for the cause will go a long way with your customers. Make sure whatever percentage of profits you are donating is clearly marked so all your patrons can be clear on what their purchase means for the foundation. You may be surprised at the level of goodwill a simple sign and a few pink-themed products can create in your store.

October is nearly here, but there’s still time to get in an order of pink-ribbon merchandise. From coffee mugs to T-shirts to pins, hats, and even cookware and dishtowels, there is no end to the creative products on the market today. Take a few minutes now to search for a few of them and proudly display them in your store in October. You’ll be glad you did.

For additional information on how to help, please visit the National Breast Cancer Awareness Foundation at www.nationalbreastcancer.org

Original article here:
http://independentretailer.com/2016/09/22/october-is-breast-cancer-awareness-month/

6 Strategies for Streamlining Your Workforce

Many business owners feel as though the workforce isn’t operating as efficiently as it should, yet are at a loss for how to improve productivity. Short of firing your staff and starting anew, what strategies are actually effective at boosting work performance and streamlining the workforce? Here are some simple and cost-effective ways to get more out of every workday, while improving overall performance as well.

1. Implement BYOD policies

“Bring Your Own Device,” or (BYOD), is a rapidly growing policy being implemented by businesses everywhere. BYOD policies are where businesses require employees to utilize their personal devices, such as cellphones or laptops, for business use. Not only will this save your business a tremendous amount of money, but it can encourage productivity, as well. BYOD devices typically link to cloud-based work platforms, so [the policy] offers employees the ability to work from any location and [from] all of their devices.

2. Automate, automate, automate

To truly boost workplace efficiency, take a [cue] from the robots. There is now automation technology that can streamline virtually all aspects of your digital workload. From organizing data to improving analytics, robots can conquer the menial tasks that your employees loathe.

3. Do it right the first time

One of the more common ways that businesses waste time is by making mistakes or having unknowledgeable employees. Training employees can go a long way in streamlining the workforce. When your employees are experts at their trade, they’ll complete tasks more efficiently while doing a better job the first time around.

4. Leverage technology to its fullest capacity

Today, there are literally hundreds of different technologies and apps that can help to encourage productivity, improve time management and streamline a workforce. From customer-relationship-management software to improve your customer management to sales-management software to help manage inventory and sales, investing in the right software applications can significantly improve your work efficiency.

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5. Schedule breaks regularly

There has been ample research conducted into the need for breaks in the workplace, with most suggesting that businesses are shorting their employees considerably. Most employees get two 10-minute breaks and a half-hour lunch each day; however, by implementing the Pomodoro Technique, your employees can enjoy more frequent breaks while increasing their total productivity for the day, as the technique is based around the natural attention span of humans.

6. Partner with reliable suppliers

The suppliers you depend on play a crucial role in helping to streamline your workforce. With unreliable suppliers, you’ll have difficulty remaining on top of inventory. When one aspect of a business process is disrupted, it negatively impacts many other areas of business. You need professional and reliable suppliers to ensure your business thrives and business processes operate as efficiently as possible.

At DollarDays, we understand that wholesale suppliers are more than just venders—we are actively supporting your bottom line. With this in mind, we go above and beyond to ensure every order is fulfilled in a timely manner and exceeds your expectations. With all that business owners have to worry about nowadays, your product orders shouldn’t be one of them. Contact us today to learn more about our services.

Original article here: http://globalbizcircle.com/streamline-workforce/

5 Ways Business Owners Have Won over New Customers

When it comes to finding new customers and leads, these business owners swear by these five helpful strategies.

Advertising can be prohibitively expensive for smaller companies, and marketing efforts can sometimes seem scattershot. We asked five business owners to share the methods they used for discovering powerful new customer lines that actually worked. These grassroots efforts show that you don’t necessarily need to have to spend a lot to reach a new market and discover new customers.

Giveaways

“We do product giveaways every month for the wholesale merchandise we sell. Last month, for example, we gave away $5,000 in products to nonprofit organizations that support kids. We started these giveaways after Hurricane Katrina, when nonprofit groups came to us looking to buy blankets and other items for people affected by the disaster.

“At the time, we weren’t doing any business in the nonprofit world, but we recognized the opportunity. We started reaching out to nonprofits with these giveaways, and now half of our business is with nonprofits, including national contracts with the Salvation Army and Kiwanis.”

—Marc Joseph, former CEO & President, DollarDays

Partnering

“The demographic for our men’s laundry detergent is very specific—22- [to] 30-year-old single males with above-average spending who care about appearance, scent [and] the details surrounding their life. Paramount Pictures and MGM reached out to us because they understood our demographic was very close to their target for the new film Ben Hur.

“We agreed to put them on a lot of our digital in late August, timed with the film release, and they gave us tickets to give away to new customers. For the customer, if you buy a bottle of our detergent and get free Ben Hur tickets, that’s a much higher value proposition than just buying the detergent. We are only two-and-a-half weeks into the partnership, but already we’ve seen an amazing decrease in customer-acquisition cost. We’ve beaten our best sales months by 25%, and we have earned 1.9 [times] our normal amount for this ad spend.”

—Leif Frey, Founder, Frey for Men

Social Media & Email

“We do social-media giveaway promotions for our bodysurfing handboards about once a quarter, when we have a new product or something exciting going on that we want to promote. The way it works is people need to share a specific photo via their social media, [t]hen their followers see it and they want to enter. We gain a lot of new emails, which is our goal.

“Our bump is anywhere between 200 to 500 new emails per promotion. Then, right after each campaign, we set up targeted emails to those new, potential customers with a coupon offer. About 30% of our sales come from our email campaigns, so that’s why our big focus is on growing that email list.”

—Angela & Steve Watts, Owners, Slyde Handboards

Sampling 

“We hosted a beer-tasting room at the Insight Innovation Exchange in June 2016, where visitors played one of our gamification-based experiences as part of the beer-tasting exercise. We published real-time results of the most- and least-favorite beers on tap, but, more importantly, we were able to capture over 100 leads for a total cost of under $10,000. The sales cycle is fairly long in our industry, so many of these leads aren’t likely to generate revenue for another three to six months, but in just eight weeks, we’ve already converted enough beta participants to cover the cost of the event. As an online subscription service, this was tremendously effective for us.”

—Jason Anderson, President, Insights Meta & Datagame

Listening

“I started doing a listening tour during the Great Recession in late 2008, early 2009 to strum up new business. I was already scheduled for some travel around the country in Q4/Q1 for meetings, so I used the trips as an opportunity to hear from current clients and prospects about how they were handling the downturn.

“Themes started to emerge. For example, on one trip everyone was asking about social media and whether or not they needed a blog. After several discussions, I summarized my notes and sent them out to share what I was hearing. Then, given all the questions around social media, I offered to put together a talk and workshop to discuss current trends. I immediately got replies asking me to book, and it all led to more work. Now it is just something I try to do regularly to keep a pulse on the market and find new work.”

—Paige Arnof-Fenn, Founder & CEO, Mavens & Moguls

Find more small business tips here:
https://blog.dollardays.com/2021/06/21/ideas-for-starting-a-small-business/

Interview: Marc Joseph, Founder of DollarDays

Marc Joseph is the founder of DollarDays, the […] online wholesaler that helps small businesses compete against larger enterprises and [helps] nonprofit organizations find the products they need to support their causes. DollarDays offers more than 225,000 high-quality products at wholesale and closeout prices. Mr. Joseph has helped build some of America’s most known retail stores, including Federated Department Stores, Bill’s Variety Stores, Everything’s a Dollar Stores and Crown Book Stores. Most recently, he started a chain of hair salons in Arizona and built it up to 11 stores before selling them to devote [his] full time to DollarDays. He is the author of the book “The Secrets of Retailing…or How to Beat Walmart,” which provides expert advice to independent businesses of all sizes on everything from the psychology of buying and the hiring of great employees to working successfully with vendors and promoters, as well as how to expand your business on the Internet. Mr. Joseph is also a frequent contributor to The Huffington Post and the Alibaba Global Biz Circle news websites.

IdeaMensch (IM): Where did the idea for DollarDays come from?

Marc Joseph (MJ):When we started back in 2001, small businesses were getting crushed by chains moving into their towns, so we wanted to help these small businesses survive and thrive against these big-box competitors. At the same time, the Internet was emerging as the new way to quickly communicate, so I saw the Internet as the next channel of distribution of wholesale and closeout products by the case so the small guys could compete on a level playing field with the big guys.

IM: What does your typical day look like, and how do you make it productive?

MJ: The Internet is really the last true vehicle to still be able to use guerrilla marketing to promote your business, so we start every day asking the question, “How can we find new customers and begin to brand ourselves?” in this sea of millions of websites currently trying to attract the eyeballs on the World Wide Web. We make this a productive exercise by reviewing sales from the last day, week and month and analyzing the customers, both new and existing, [who] created these sales. Our short-term goal is to market out to lookalike customers who don’t know about us today. Because of this, we get our report card each day. This month, we get a “B+” because we are averaging 1,500 new customers now joining us each day. Our long-term goal is to convert these new customers into repeat, loyal customers.

IM: How do you bring ideas to life?

MJ: Unlike traditional businesses that need a three-month timeframe from idea to implementation, being a company focused on the Internet, we can come up with an idea in the morning and have it live on the site that afternoon. This gives us the opportunity to test even the craziest ideas, because if the idea does not work, we can immediately take it off the site with a click of a button. So just about every day our site looks a little different, and the winning ideas become part of our culture, while those that do not click with our customers go away quickly.

IM: What is one trend that really excites you?

MJ: Adult coloring books are exciting. Why adult coloring books? I just use this as an example of how ideas become trends that become sales. About a year ago, one of our better small-business customers told us that in his small town, he was seeing 20- and 30-year-olds put down their cellphones and pick up a sketchpad or coloring book and begin to doodle. He assumed it was for stress relief from the constant pressure our modern society puts on itself in this electronic-driven age. With that early knowledge, we went out and sourced all kinds of adult-type coloring books from geometrics to nature to animals. Just this year, we have gone through hundreds of thousands of adult coloring books—[and all] because one of our salespeople developed a strong bond with one of our customers who trusted us to help them build their business. Adult coloring books are to this generation like pet rocks were to an earlier generation.

IM: What is one habit that makes you more productive as an entrepreneur?

MJ: I keep a pad and pen on my nightstand. For some reason, some of my better ideas pop up in the middle of the night, and if I don’t write them down when they wake me up, I just can’t remember them the next morning. Taking this a step further, whenever I am away from my desk to exercise, have dinner, etc., I now always have a pen and paper in my pocket just in case that million-dollar idea jumps in front of me.

IM: What was the worst job you ever had, and what did you learn from it?

MJ: To help put myself through college, I became the housekeeper and the weekend cook at my fraternity. Who knew that college guys could be such slobs? No matter how often you tried to train your brothers to pick up after themselves, if their mother could not teach them, I certainly could not, either. This was the beginning of my learning about the art of communication, and for negotiations to be successful, you could not use the tact of telling people what to do—you need to get them to buy into your dream or, in the case of the fraternity, working together for a cleaner, more appealing environment.

IM: If you were to start over again, what would you do differently?

MJ: Cash is king when starting a business. Opening your own business may be a dream coming true, but paying for this dream is an entirely different story. The vision of digging through your couch to find all the lost change to make your business work is a myth. Raising money is the toughest challenge you will ever face. You cannot put every penny you have into your business, because you will need dollars to cover your living expenses for the first six months, and if you do not have enough cash flow in your business, you will be scrambling for years. So my advice is to make an extremely strong effort to raise as much cash as possible before going into business.

IM: As an entrepreneur, what is the one thing you do over and over?

MJ: Pick up the phone and always be reaching out. Don’t wait for people to reach out to you. Whether you like it or not, entrepreneurs are always selling. They are selling their idea to raise funds to start the business. They are selling their idea to potential employees to get them to join their dream team. They are selling their idea to customers and suppliers to trust them to help improve their businesses. So entrepreneurs cannot get complacent. Every day, you must relive those days and months in the beginning when you were the only one picking up the phone. Pick up the phone today and find new customers.

IM: What is one strategy that has helped you grow your business?

MJ: Hire good people. I try to hire people who are smarter than I am in areas that I am not the expert. This way, you can build a team with divergent expertise, yet when adding up the sum of the teams’ knowledge, it is first class.

IM: What is a failure you had, and how did you overcome it?

MJ: For years, our site, which is homegrown, did not give the perception that we were a top-notch company. It was slow and cumbersome to use, and, because of this, our sales were stagnate. We finally bit the bullet and put all of our financial resources and human resources into taking our site into the 21st century. It has paid off, because this year, we were one of the three finalists for the Internet Retailer B2B E-Commerce Marketer of the Year [award].

IM: What is one business idea for those reading this article?

MJ: The relationship we as businesses and entrepreneurs have with our customers is changing. It is a trend that has always been part of the millennial generation, but is now also part of all generations, and that is [that] customers want to do business with companies that care about giving back to their community. We do it with three different programs—$5,000 a month through our Facebook giveaways to nonprofits, creating free wishlist sites for nonprofits, and letting all of our customers donate 5% of their purchases to nonprofits. I am sure there are plenty of other ways businesses can give back to their communities.

IM: What is the best $100 you recently spent and why?

MJ: We donated a case of baby blankets to our local Kiwanis Club K-Kids group at our Boys & Girls Club. This is an organization that helps young kids learn the value of service and helping others. This young club was helping the homeless families in our area. You should have seen the look on these kids’ faces as they were unpacking the carton of baby blankets. The joy they had in helping brought many of the adults in the room to tears. This is emotion that cannot be bought.

IM: What software do you use?

MJ: Because we have an inside sales team that works closely with our existing and new customers, we have just initiated Salesforce to help keep us organized and alert us quickly for followup with our customers. Making us more efficient in the long run will make us more money.

IM: What one book do you recommend?

MJ: If you are only going to read one book this year and you are an entrepreneur or small-business owner, you must read “Shoe Dog” by Phil Knight, the create of Nike. I could not put it down. The ups and down of starting a business are on full display in this compelling story. I must mention two other books also that gave me real perspective on growing a business. The first is “Alibaba,” which is the most accurate telling of the story of the largest e-commerce company in the world, and the second is “Elon Musk,” which tells the true story of this billionaire and gives you some insight into what our future may look like.

IM: Who has influenced your thinking?

MJ: We can learn so much by studying history. I can’t get enough of George Washington, whether it is his biography or the current TV show, “Turn: Washington’s Spies.” But the real influencers of my life were the entrepreneurs of my father’s generation, brave men who I watched in action just about every day. Most of these guys fought in World War II and then came home to build their dreams for their families. None of them had anything handed to them, and they built their businesses by hard work, dedication to their dream, and the understanding of what it takes to build and service a loyal customer base.

Original article here: https://ideamensch.com/marc-joseph/

Lucky & Unlucky Pets

Pets can be expensive. The Tibetan Mastiff […] has an average purchase price of $3,000, while the Portuguese water dog costs $2,500, and the Black Russian Terrier goes for $2,000. This, combined with the yearly cost of ownership—up to $1,843 on average for dogs and $1,035 for cats, according to the ASPCA—indicates most pet owners are truly dedicated to their animal’s survival and happiness.

[Approximately] 79.7 million [U.S.] households own a pet, [or] 65% of [all] homes. [More than 40%] own more than one pet; [t]here are 77.8 million dogs [nationwide] and 85.8 million cats, according to the Humane Society. [Roughly] 34% of dogs are purchased from a breeder, 4% from pet stores, 37% are adopted from shelters, 6% are taken in as strays, and 20% come from friends or relatives. Only 3% of cats come from breeders, 2% from pet stores, 45% […] from shelters, 25% […] taken in as strays, and 25% come from friends or relatives.

What happens to homeless animals? There are 13,600 community animal shelters across the United States. [Around] 7.3 million animals enter these shelters each year (3.9 million dogs and 3.4 million cats); 3 million of these animals are euthanized [annually], and 4.3 million are adopted [out] or returned to their owners. With so many animals needing our love, why are we paying the big bucks for these breeds when we can adopt an animal that is going to be euthanized?

We have all read about the medical reasons to have a pet. WebMD tells us that pets are natural mood enhancers; only a few minutes with a dog [or] cat, or [time spent] watching fish swim, makes us feel less anxious. […] Petting and playing with an animal increases levels of serotonin and dopamine […], and these transmitters help reduce not only depression, but stress, [as well]. [Additionally], researchers have found that when children grow up in a home with a dog or cat, they are 33% less likely to develop allergies, and the same is true for kids who live on a farm with large animals.

So maybe pets are the miracle drug we have all been waiting for!

We know about the medical reasons for a pet, but what about the psychological advantages? The American Psychological Association [recently] published a study done at Miami University of Ohio and St. Louis University [in which researchers] concluded people with pets were closer to other important people in their lives and received more support from these people, not less.

[In other words], pets complement other forms of social support, […] indicating no evidence that relationships with pets came at the expense of relationships with other people. Also, owning a pet can teach children valuable life lessons; [k]ids with dogs have a higher level of empathy and self-esteem, and learning to take care of an animal teaches the value of routine and good habits. Being outside in a public setting with your animal increases social interaction, because pets are great icebreakers and can help ease people out of social isolation and shyness.

September is full of days honoring pets—National Pet Memorial Day and National Hug-Your-Hound Day are [both on the 11th this year, and] Puppy Mill Awareness Day and Responsible Dog Ownership Day both fall on [the 17th]—[b]ut there is no celebration for the 3 million animals America euthanizes each year. It falls back on all of us to have the heart to help defenseless animals that can’t speak for themselves. For anyone who has ever looked into the eyes of their pet and felt that unconditional love looking back, we cannot continue letting animal shelters go underfunded and undermanned.

All of us need to reach deep into our pockets to help these shelters find homes for these innocent animals, and, if we don’t have the dollars to help, we should be volunteering to feed, walk, bathe and play with these ignored animals at the shelters. Donate or volunteer at the American Humane Association, the ASPCA, the Humane Society or the Best Friends Animal Society, where you can help save animals who are the victims of animal cruelty or natural disasters. […]

Taxpayers pay $2 billion annually to round up, house and dispose of homeless animals. Many of us go out and spend thousands of dollars to buy an expensive animal, while millions of others are being put to sleep because no one has stepped up to give them a home. Those of us with pets know they provide therapeutic benefits for many of life’s invisible scars. Our pets help us socially and emotionally. The unconditional love pets give us transcends work issues, family conflicts and death. Animals don’t care about the color of your skin, whether you can read or not, or if you are missing a limb.

So not only during […] Responsible Dog Ownership Day [should] we honor our best friends, but we should also be taking this time to help those animals less fortunate than the ones in our own home. Helping […] animals in need is the core of our decency. Donate to animal shelters and organizations to help care for these innocent animals. Volunteer at your local shelter to help the animals cope with being alone. No one wants to be alone, and your simple act of kindness can go a long way for animals that have no one to care for them.

Original article here: http://www.huffingtonpost.com/marc-joseph/lucky-and-unlucky-pets_b_11818070.html

Honing in on the Perfect Profit Margin

Business owners need to possess multifaceted skillsets. Not only is it imperative to possess exceptional work ethic and business management skills, but you need to be an excellent writer, a mathematician and a creative thinker, as well. When it comes to finding the ideal profit margin, it requires both excellent mathematical skills and innovative thinking. Here is a guide to help you hone in on that ideal profit margin without zapping your mental energy in the process.

Determine What an Appropriate Profit Margin Looks Like

Small- to mid-sized businesses (SMBs) can anticipate lower profit margins than their big-box competitors due to […] scale. Before honing in a perfect profit margin, you need to determine what an appropriate profit margin will look like based on the size of your business, the number of years in operation and the industry [in which] you’re operating.

While profit margins will vary by industry, Butler Consultants reports that, for retailers, the average profit margin is around 48.46%. By striving for an unrealistically high profit margin, you’ll be driving customers away with unreasonable prices; however, settling for a low profit margin could increase your risk of business failure.

Maintain Low Overhead Expenses

When striving to achieve healthy profit margins, businesses often turn to their pricing to see how they can squeeze more money out of each sale; however, overhead and operational expenses can actually have a tremendous impact on profit margins. [B]efore raising your price tags, examine your business model to see how much you’re spending and how you can reduce costs.

Take office supplies, for example. According to Gartner, the amount of paper produced by companies has been growing by a shocking 25% each year. It’s estimated that businesses spend about $200 per year per employee on office supplies. By finding lower prices on office supplies of the same quality, you can reduce this cost on an ongoing basis [and enable] your business to increase its gross profit margin. Compare the cost of office supplies among a variety of suppliers to ensure you’re getting the best price available.

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Partner with Top Wholesale Suppliers

When choosing a wholesale supplier, price should certainly be a primary concern; however, you need to consider other factors that will influence business performance and productivity, ultimately shaping your overall profit margin. How easy is the supplier to work with? Can they accommodate your needs? Are they able to scale their offerings to fit your demands? Do their shipments arrive on time and in excellent condition? All of these will partially contribute to the gross profit margin of your business, so it’s important to take all of it into account when choosing the right supplier.

DollarDays Puts Customers First, Encouraging Business Growth

At DollarDays, our primary concern is customer satisfaction. We understand that, in order for your business to thrive, it depends largely on the performance of the suppliers you partner with. We take our commitment to customer satisfaction seriously by offering the lowest prices possible on all of our merchandise and ensuring we are well-stocked to accommodate orders of varying sizes. Contact us today, and talk to us about your needs from a wholesale supplier.

Original article here: http://globalbizcircle.com/honing-perfect-profit-margin/

Leverage the Pokémon Go! Trend to Catch More Customers

Pokémon Go! is the latest trend, and it has been sweeping the nation with haste. It’s estimated to have 9.5 million active users each day, and players range in ages from young children to senior citizens. It’s safe to say, this Pokémon Go! craze is popular among all age groups and will likely remain trendy for quite some time. The question is, how can you as a retailer cash in on this trend and catch more customers?

Create a Pokémon Go! Account

With the rise of interest in Pokémon Go!, more people are out and about, wandering the streets than ever before. For urban businesses, this offers a lot of potential for bringing new clients to your store. To start, you’ll have to create a Pokémon Go! account. Pokémon Go! has a free mobile app that can be downloaded directly to your smartphone.

Check Your Area for Pokéstops & Gyms

In the game, Pokémon has already established a variety of outdoor locations that are known as pokéstops and gyms. Pokéstops are places where users go to catch Pokémon and collect pokéballs. Gyms are places where users gather to battle other Pokémon. Check your app to gain a sense of all the nearest pokéstops and gyms in your area, so you can know where foot traffic will be heaviest throughout the day. You can use these high-traffic areas as marketing locations by posting signs, flyers or other marketing materials that will draw people to your business.

Set Lures in Your Store

One creative way to draw in more customers is by setting lures in your store. Haven’t heard of a lure? Then you must not be playing Pokémon. A lure is a feature in the game that allows users to plant lures at specific locations that will draw other players to that site; hence, by placing lures in your store, you’ll literally be drawing people directly into your business. Once they’re there, you can increase brand awareness and boost the likelihood of a sale.

Sell Pokémon-related Merchandise

Just as the Pokémon trend was starting to go out of style, the makers have found a way to resurrect their following. You can maximize on these trends by extending your product line to include some Pokémon-related paraphernalia. Stocking Pokémon cards near checkout, offering Pokémon stuffed animals and keychains, selling Pokémon shirts—the opportunities are endless. Use this as an opportunity to add a bit more variety to your shelves while creating a favorable impression on all the diehard Pokémon Go! fans.

Offer Pokémon-related Deals

One fun way to engage the public is to offer deals related to the Pokémon achievements of your customers. For instance, have a day where you offer all customers 10% off their purchase for catching a rare Pokémon.

While Pokémon was starting to fade away and become a relic of the past, the brand has found a way to make itself relevant again. With their brilliant marketing tactics, it’s likely Pokémon will continue to trend for decades to come. Take a tip from the Pokémon marketers and keep your business relevant as well. […] With the right approach, you’re bound to catch ‘em all—customers, that is.

Original article here: http://globalbizcircle.com/leverage-pokemon-go-trend-catch-customers/

Back-to-School Promotion Ideas for Small Businesses

What’s the status of your back-to-school marketing plan? According to the National Retail Federation (NRF), the average family will spend more freely on school and college supplies this year. It expects total spending for K-12 and college to reach $75.8 billion, up from last year’s $68 billion.

The annual NRF survey, conducted by Prosper Insights and Analytics, suggests that more than 50% of shoppers will start back-to-school shopping three weeks to one month before school starts, while 22% will start shopping with only one or two weeks left.

As we head toward September and into the final few weeks before students head back to school, Small Business Computing asked small-business owners to share details of their most successful back-to-school promotions and tips.

Be Helpful: Back to School is Stressful

Getting ready to head back to school can be stressful for your customers—both the parents and the students. Nicole Gardner, Dormify‘s COO, recommends that business owners personalize their back-to-school campaigns to their audience and to be helpful to their customers.

“Be helpful. It’s a stressful time for many parents and full of anxiety for students. Offer resources and accommodate customer requests where you can,” she advised. “Figure out if you’re speaking to the student or to the parent, and adjust your tone, your messaging and your offers accordingly. Use all the customer data you have and get hyper-targeted; we find email to be the most effective marketing channel for accomplishing this.”

Coupons & Discounts Attract Back-to-School Shoppers

Mike Catania, CTO of PromotionCode, works with 15,000 retailers, a third of which are small businesses that regularly compete against national brands and big-box retailers. When it comes to the back-to-school rush, Catania recommends coupons as a particularly effective marketing strategy for local businesses.

“Because they’re local, these businesses can tailor their offers not only to a specific school name (to build associative brand recognition), but they can also provide tiered offers based on different grade levels,” says Catania. “For example, a coupon offer that gives X% off storewide (where ‘X’ represents the grade level of the incoming student) has been an extremely popular offer.”

Celebrating students also creates a positive back-to-school promotion for retailers. Doug Messer, co-founder and CEO of University Beyond, said the company’s most successful back-to-school promotion was a holiday they created.

“We call it ‘National Student Discount Day,’ and last year, we had more than 100 brands participate,” said Messer. This year, “[A]ll participating brands will come together to promote our website via Twitter, drive a mass audience to view and use the available discounts, and sign up for our site. We already have major enterprise companies reaching out to participate again this year.”

Use Social to Talk up Back-to-School Promotions

Social media is a good way to cash in on local back-to-school shopping. “Local social media is far more influential than national. Posting that coupon to social media and tagging the school for which it applies will help move it along to parents who, in turn, can make it go locally viral with minimal advertising efforts on your part,” says PromotionCode’s Catania.

Daniela Arango, public relations specialist for DoItWiser, also supports using social media to boost back-to-school promotions. Arango says that small-business owners can create excitement around back-to-school sales on social media by launching a pre-sale ad campaign to generate expectations around your offers and products.

She also recommends offering online coupons or promotions to visitors and clients on your website in exchange for subscriptions to your mailing list or follows on social media. “Your customers get a discount on their back-to-school purchases, and you build a community around your brand.”

Arango suggests that businesses take advantage of user-generated content to show how your customers use your products at school. This gives your future clients a sense of closeness, trust and familiarity with your brand.

Back-to-School Promotions for B2B

B2B businesses also find success with back-to-school promotions by taking advantage of email campaigns, social feeds and good deals.

Marc Joseph, former CEO and president of DollarDays, a B2B business that sells 225,000 general merchandise products by the case at wholesale and closeout prices to entrepreneurs, small businesses and nonprofit organizations, explains.

“Today, our banners feature office and school supplies, back-to-school clothing, accessories, writing instruments, and backpacks. All of these products tie together because we want to be the one-stop shop for all back-to-school needs,” says Joseph. “This also works with brick-and-mortar stores or online B2C sellers. Once a customer comes into your store, you don’t want them to leave. The best promotion is to offer everything they need.”

For example, DollarDays sells backpacks with a per-unit price starting at $3.19. Email campaigns and social media promote the item to draw people to the website. Once prospective customers land on the site for a backpack, they can see all the school supplies they need to fill the backpack—all in one place.

How to Promote Back-to-School Outside of Retail

Many back-to-school promotions center heavily on retail stores and online shops, but many small-business owners can capitalize on students and parents shopping for school-related deals. Ajmal Saleem, owner of Suprex Learning, a startup tutoring company, says the back-to-school promotion is especially important.

“Parents commonly seek our tutoring services during the summer to help their kids keep up their skills during the break; however, back-to-school is an excellent time to offer promotions, and parents are willing to spend the money if you can show them it’s a good investment,” says Saleem. “We offer bulk tutoring packages right before the school year starts. When a parent purchases more hours of tutoring, it not only provides us with sustained business, it helps parents keep their children’s momentum going.”

Even vCalc, a crowdsourced calculator-creation platform, offers back-to-school promotions. The vCalc platform invites people to use math knowledge to solve everyday challenges and to build and share free equations, algorithms, constants and collections.

Kurt Heckman, vCalc’s president, said they ran a student contest last fall that went so well that it’s now an annual back-to-school event. Called Coding for Community, this contest encourages students to use the vCalc platform to create free online calculators for the benefit of their communities. Prize money ranges from $25 for honorable mentions up to $1,000 for two grand-prize winners.

“The results have been surprising. Students have built free calculators that are now being used all over the world,” says Heckman. “This annual contest is a terrific way to get our product into the hands of more students every fall, and it’s now an ongoing part of our back-to-school promotion regimen.”

Check out another blog here: https://blog.dollardays.com/2021/06/21/ideas-for-starting-a-small-business/

5 Red Flags Signaling the Need for a New Wholesale Supplier

Every business owner knows the importance of a quality supplier. The supplier forms the very foundation of the business, providing you with a vast selection of quality merchandise, partially determining your profit margin and ensuring your shelves are always stocked. With the wrong supplier, your business will suffer, and keeping your doors open will feel like a perpetual challenge. Here are some signs that your wholesale supplier isn’t a good fit.

  1. Your profit margin is struggling. Settling on an appropriate profit margin is always a challenge for business. You need to keep prices high enough that your own profits are healthy, but prices need to remain low enough to compete with other businesses in the area. If you’re struggling to find a balance that’s conducive to business success, the problem could be your supplier. If your wholesale supplier is charging too much for merchandise, it will be impossible to maintain healthy profits while ensuring your prices are reasonable for customers. You need a wholesaler who puts your profits first by offering the lowest prices possible on high-quality merchandise.
  2. Your customers are complaining. Have you noticed an increase in customer complaints? If customers are routinely expressing concern over the quality of your merchandise, then you may need to find a new wholesale supplier. A great supplier is one that provides excellent merchandise at fair prices, and if customers are regularly irritated at the lack of quality, then this is a major red flag.
  3. Your shipments are late. To operate a business successfully, you need to streamline your inventory management so supplies are always ordered on time and always arrive when needed. If your shipments arrive late, it throws off countless aspects of business, making it difficult for employees to do their job and leaving a bad impression on customers. A shipment may be late every once in a while if items are out of stock or if weather is bad; however, if your shipments are perpetually arriving late, it may be time to find a new supplier who takes their deadlines seriously.
  4. They’re calling all the shots. As a business, you are the supplier’s customer, and it’s their job to take you seriously. You need a supplier who’s willing to work with you and can continually meet the commitments they’ve signed up for. If they’re routinely out of stock of the items you need, if their pricing is constantly fluctuating, or if their shipments are inconsistent, this is a huge red flag that the supplier isn’t the right fit for your store.
  5. They offer poor customer service.You need a supplier you can communicate with and that’s available to hear your concerns. You need someone who will perpetually be in contact and update you about the status of your orders. If communicating with your wholesaler feels like pulling teeth, then you’ll end up doing more work than necessary to ensure your shipments arrive as expected. It’s time to find a supplier who offers the customer service you need.

The supplier you choose for your store can greatly improve your ability to operate your business effectively. With the right supplier, you’ll be able to meet your own deadlines more efficiently and remain on top of inventory management. […]

Original article here: http://globalbizcircle.com/wholesale-supplier/

35 Top Experts Share Their Tips for a Winning B2B Content Marketing Strategy

How do I beat the market with content marketing? What consists a great B2B content marketing strategy? How should I proceed with my content marketing efforts? If you’ve been asking yourself these questions lately, you can stop worrying. We gathered for you the best tips from the biggest global experts. Read, learn, and join the success club!

Define Your Audience

“Developing an effective content marketing plan requires you to clearly define your target audience or ‘buyer persona.’ It’s important to remember that you’re not targeting yourself. Once you have a better understanding of your target audience, you can model them based on different buyer personas.”

Shane Barker, Independent Digital Strategist, Sprout Social

Target Creatively

“My main tip for B2B content marketing is to not restrict your options to targeting business publications and influencers; everybody is using B2B publications and networks in the same ways, and it is very hard to be heard above the noise. Remember that everybody who has a business is an individual with a life outside of the office, so you can target these people outside of their business roles, whether through social campaigns or wider awareness or brand exercises. It’s about getting the attention of businesspeople in and outside of the office. I believe that this can generate real success; it feels less like a hard sell to the audience, and you have an opportunity to forge a more naturalistic relationship between a brand and its audience this way.”

Mike Bates, Organic Search Executive, We Are Boutique

Create a Documented Content Marketing Strategy

“Having a documented strategy gets everybody on the same page. One result of this is that your audience is less likely to be confused by inconsistencies in messaging when content creators work without a set of guidelines.”

Ron Seld, Head of Marketing, Start a Fire

Target the Right Stages of the Marketing Funnel

“Try to choose. When you’re creating your content, when you’re designing the strategy for why you’re going to produce a particular piece, decide what it’s going to help with. Point it at the area of the funnel that is in most need of assistance.”

Rand Fishkin, Founder, Moz

Create a Content Calendar

“It is a best practice to create a content calendar so you can plan ahead of major events in the year and create a rhythm of content suitable for your audiences. Regular content generally achieves greater results.”

John Kennedy, Digital Marketing Director, Brands on Digital

Consider Creative Ways to Scale Content Production 

“You’re regularly publishing, blog traffic is increasing, and you’re even seeing a decent amount of conversion. You just need to do more of it. Don’t fret if you can’t justify an increase in headcount because you may be able to tap into other existing resources. Don’t be afraid to republish content that did well in the past. Look at your blog analytics, see what an impact, and republish popular content with a fresh introduction and/or updated links and images. Not only is this now an accepted content strategy practice, it’s a highly effective one that enables you to make the most out of the polished work you put so much time into creating in the first place.”

Sachin Kamdar, CEO, Parse.ly

Market Before You Launch

“Content marketing can be a powerful tool to fuel B2B product launches. Don’t wait until your product hits the market to create quality content assets and deploy campaigns. Prepare the market for your solution by using content marketing to talk about the problem you are solving, explore current (and perhaps inadequate) solutions, and educate them about unknown or unmet needs. Leverage these campaigns to foster a community and build a key contact list you can reach out to when your offering arrives!”

Michael Passanante, Senior Director of Marketing, BESLER Consulting

Monitor Your Competition

“If you’re going to play the content game, play to win. To do so, you need to know your enemies. Monitor competitor activities and make sure you’re on top of the latest trends for your industry and your customers’ industry or industries.”

Rich Missey, Director of SEO, Insureon

Turn Down the Sales, Turn on the Value

“Content marketing is only effective to the extent that it meets some need on the part of the audience it is reaching. That seems logical; however, too often, marketers focus too much on what’s important to them (sales!) and too little on bringing value to their audience. Bringing value equals engagement, which, ultimately, will yield sales. It’s not an immediate process, but it’s a powerful one if done well. If not done well, marketers will fail to engage their audience and, worse yet, turn off those they have connected with. Turn down the sales pitch and turn up the value by gaining a clear understanding of who your audience is (very specifically) and what’s important to them and then finding the connection between what you’re selling and what they value and producing content that connects the two.”

Linda Pophal, Owner, Strategic Communications

Engage Other Teams in Content Creation

“Involving multiple teams in content creation opens up your blog to new ideas and perspectives. Someone in HR is much more qualified to write about a new skill requirement, while the production team is better at explaining their new product. Involving the company as a whole in your content will make it more real and more enjoyable for the audience.”

Amanda Dodge, Contributor, Copypress

Write in Conversational Language

“Write the way you would talk to an old friend. You don’t ever have writer’s block in a casual conversation, right? So write the way you would talk. Even better, exaggerate the tone—let yourself be silly. Try to make yourself smile.”

Joshua Nite, Content Marketing Lead, TopRank Marketing

Resonate Your Customer’s Stories

“Make sure you include detailed customer stories in your content marketing mix. Prospects want to know exactly how your product or service affects their day-to-day working life. This approach resonates much more than claims about product features and benefits. If prospects can ‘feel it’ in the content they read, they will consider it and move closer to buying it.”

Christopher Fox, Managing Partner, Syncresis

Go Deep

“B2B readers are proud of their knowledge and rightly so. They have invested their lives, their education, their careers and their time into acquiring professional skills. They love it when people speak to them on their level—a deep level. That’s why the B2B content that you produce should go deep.”

Neil Patel, Co-founder, Crazy Egg

Focus on the Pain

“Understanding customer pain points and their decision-making journey are especially useful, because B2B clients are more savvy about their challenges and often need guidance to help overcome them. Broad-scope content can be a great honey pot and is necessary, but more specific content focused on detailed industry or vertical ‘pain points’ will build more authority amongst customers that take action on your CTAs. Add ‘actionable’ directives that decision makers can apply immediately or a concise picture of benefits they can use to get approval or buy-in from other members in their organization. Solve immediate and common problems with detailed guidance—rinse, repeat.”

Adam Johnson and Justin Brown, Content Managers, Quote Wizard

Use Content That Converts

“Content marketing is not only about increasing visibility, social shares and traffics that look nice in the statistics. In the end, it’s about generating leads and converting them. That is why you must focus on content that helps you push leads down the funnel, content that makes them sign up for newsletters or free trials, and gives you direct contact to them.”

Daniel Slomka, Content and Social Media Specialist, Boost the News

Focus on Relevancy

“The problem businesses have in unattractive industries is they can’t easily brainstorm topics. It’s challenging to develop engaging content that centers on things like office chairs, hearing aids or insurance. As such, the temptation can be to create unrelated content just for the sake of gaining backlinks and traffic. Don’t do this. It’s far more valuable to focus on relevant content, even if it doesn’t have link-bait qualities. While it may not provide the same SEO boost as link-bait articles, do you really want to build a faulty foundation of users who don’t make up your target market?”

Samuel Edwards

Make People’s Life Easier

“Provide value to your audience. Don’t talk about yourself—just give them something you know they’re looking for, something that makes their job easier. This isn’t hard to do, and you should already know what your target clients are looking for. You can use SEO to see what people in your space or businesses in your target audience are searching for, put a list of tools or tips which will help them reach their goals, and do your best to make the content you share as easy to navigate through as possible while spending the time to create high quality ‘11 out of 10’ content.”

Vincent Magaline, CMO, Rebrandly

Make People Care

“Make sure every single piece of content—email, blog post, what have you—quickly and clearly answers the question, ‘Why do I care?’ This is the key to creating relevance and urgency. Far too many people think making a piece ‘accessible and fun’ means, ‘I can get away with yammering about stuff and amusing myself.’ Nope. Now, granted, that’s not usually B2B’s issue, but if the piece does more to serve your needs than the reader’s or customer’s, then you’re not really helping them at all, and you haven’t created value—and if content has no value, it ain’t content.” 

Terri Trespicio, Co-founder, Lights Camera Expert

Write P.E.A.C. Content

“P.E.A.C. stands for Practical, Entertaining, Awe-Inspiring and Credible. If you can achieve this, you will build up a reputation for yourself as a producer of great content. Not only will your outreach process be easier since your writing will be providing readers with useful and actionable tips, but it will also be more likely that those you outreach to will continue to read your content in the future. As a result, your content will also get more social interactions and more people linking back to it.”

Nadya Khoja, CMO, Venngage

Write Guest Posts & Articles

“To boost your B2B content marketing efforts, use contributed articles. Whatever industry you may be in, there are vertical publications who are looking for content. If you have an idea you can pitch for a contributed article, many times these publications will allow to submit an article that may be published on their site and/or in print. This will help you with content marketing, as well as PR and social media (as you may post the article to your social media channels once it appears). You may link to the article from your site, as well, and perhaps even use it in your customer newsletter.” 

Michelle Garrett, PR Consultant, Garrett Public Relations

Be an Expert

“Carefully plan the topics you are going to present in your content, and make sure they are meaningful to your audience. This is a great approach that allows you to discuss how your product or service can save money, increase the efficiency of production, or streamline tasks. Not only does it provide a chance to introduce your product, it establishes your expert status in the industry. The most important point is to post not only about your own products but other products your target market is sure to find useful. This way, your audience knows you are genuine in your efforts to enhance their business and find you and your company to be trustworthy.”

Daren Low, Founder, Bitcatcha

Give Back to the Community & to the Audience

“Give back to your customers and the causes they believe in. Our strongest content marketing and social media effort to giving back is through Facebook. We have 248,000 followers. For a B2B business that sells 225,000 general merchandise products, this is quite a following. To create such a following, we give back to our community with a different giveaway each month. We also have a program where any of our customers can designate 5% of their purchase dollars to their favorite charity, and [we’ve] created a free wishlist program for nonprofits to get what they need.”

Marc Joseph, CEO and President, DollarDays

Don’t Forget the SEO

“My advice is to remember that content marketing is married to modern SEO. You need to optimize both onshore (native to your website) and offshore (published on social media or by a third-party site) content with your SEO keywords, proper link structure, and rich contextual clues such as keyword-named images. Google’s algorithm has shifted significantly in the past decade to favor sites with the highest-quality and most visited content over those that game the system and use tactics such as keyword cramming or landing pages designed only for SEO. Do your research, and consult with your SEO professional before launching any new content marketing strategies.”

Molly Phillips, Senior Account Manager, Greenroom

Go Video

“Go video. YouTube is more effective than Facebook in generating B2B leads. I’ve long preached the value of video marketing for brands, including B2B. Keep in mind, YouTube is the world’s second largest search engine and is owned by Google, which means greater potential visibility in organic search results. Considering the fact that video also has 5x greater recall than the written word, why tell your complicated B2B story in text when you can tell it with a concise, compelling video?”

Kent Lewis, President and Founder, Anvil Media

Invest in Content-marketing Software

“As companies continue to invest in content marketing, there is a tremendous opportunity for content marketers to focus on content operations. Selecting the right content-marketing platform can help marketers create more and better content in less time. Once my own company started using our content-marketing platform, we found that we saved 74 minutes of staff time per piece of content produced now that we were no longer emailing Word documents around and trying to track it all on a spreadsheet. For the average company, that kind of inefficiency comes with a very real price tag; companies pay an extra $120,000 per year to produce the same volume of content as firms that invested in workflow software, according to a recent Gleanster Research study. Taking a close look at your content operations is more than worth the effort.”

Scott Severson, President, Brandpoint

Create Leaderboards

“The best way to engage a B2B audience with easy repeatable content is to create a ‘power 100’ leaderboard of top influencers in the sector. Update it every week, and you can be sure it will become the de facto standard ranking for your industry sector, bringing everyone to your site and content.”

Toby Beresford, CEO, Rise

Go Where Your Audience is

“You should only focus on social media platforms that you know your audience is using and is generating great results for your business. If Facebook is performing better than Twitter, then shift your time and resources to promoting your content on Facebook. It’s tempting to be on every single platform, but, starting out, focus on the places that will give you the most bang for your buck.”

Kristian Rivera, Digital Marketing Associate, Fit Small Business

Used Paid Promotion on Facebook

“Use social ads as a way to amplify the reach of your content marketing when you push it out through your social channels. A $10 to $20 boost on Facebook can go a long way.”

Sujan Patel, Co-founder, Web Profits

Used Paid Promotion on LinkedIn

“A very cost-effective way to get your B2B content into the right hands is to use LinkedIn sponsored-content ads. You can define your audience by title, industry, company size, company name, age, gender and more. Thousands of people will see your content, so you build brand awareness, but you only pay when someone is interested enough to click through. The average cost is about $5 per click. It’s a great tool for B2B content marketers.”

Judy Schramm, CEO, Pro Resource

Automate Where Possible

“You’re only one person, and you’ve only got 24 hours in a day. Even if you’re highly productive and efficient, automation can help you make even better use of your time by removing bottlenecks and rendering processes infinitely scalable. Automated tools also help your audience—bots might not have the same nuanced touch as a human, but they also never make mistakes like humans do, and they respond far faster.”

Ben Jacobson, Director, Action Packed Media

Contact Industry Influencers

“Did you mention anyone in your article? If so, send them a link to it. Who are the most influential people in your niche? Contact these people and ask what they think about your article. Who knows? They might even decide to share it with their followers!”

Daniel Tolliday, Chief Content Officer, B2B Marketer

Link out to Other Websites

“Link out to authoritative websites when referencing research, studies and reports. Linking out to external sites has three main benefits:

  1. “It’s good for SEO. Linking to authoritative websites can improve your own website authority.
  2. “It’s good for UX. When you reference a report, the reader might want to learn more, and a link to that site will improve their experience.
  3. “It builds credibility. By referencing a study, it shows you know your stuff.

“Another benefit of linking is that you can tag them when sharing your content on social media.”

Steven Macdonald, Digital Marketing Manager, Super Office

Reuse Your Content

“Reuse your content whenever possible to reinforce your message and save time. For example, after you write a blog post, you can use it as an article in your e-newsletter or share it across your social media platforms, or you could take a few of your blog posts that are related to each other and turn them into an infographic. You could even pull a helpful paragraph from a blog post and turn it into a helpful ‘quick tip’ video! By repackaging the same content in different ways, you can generate content that’s a good fit for your brand more efficiently.”

Emily Sidley, Senior Director of Publicity, Three Girls Media

Create e-briefs

“Create an e-brief from your existing materials. Every organization has a sales sheet or case study or even some general statistics they may use in sales presentations. Put all three together and create an e-brief. Make sure to remove sales-y language, use proper citations for statistics, and make the tone expert and informative for your readers.”

Anita O’Malley, CEO, Leadarati

Continue to Promote Your Content After the Initial Push

“Most content creators give the content a push on social media just after publishing and usually see a spike in traffic numbers, which then falls away, and they move on to the next task or piece of content, but only a tiny fraction of their social network ever got to see that content. That’s where social scheduling tools come into play—you should be sharing each piece of content regularly on your social networks. Some fear that over-promoting a piece will irritate their followers, but if you do it properly, you should avoid doing that.”

Alastair McDermott, Technical Director, WebsiteDoctor

Original article here: http://www.boostthenews.com/35-experts-tips-b2b-content-marketing-strategy/