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Showing posts with label SME support. Show all posts
Showing posts with label SME support. Show all posts

Tuesday, 29 January 2013

Divorced on day one - we recommend it!

Hi Janie here again with another guest blog - thanks SIO for letting me revisit you.   

So many folks dream of their own business and in this economic climate many will take the plunge, sometimes as there is no alternative.

Clearly no one wants to have any negatives when starting, but starting a business can be like falling in love with all reason going out the window, blocking others advice out and the all the other daftness we allow at the start of a love affair.

One of the best things you can do for you and your business is get divorced on day one.  You might think that finally I have lost it and started talking nonsense, but I assure you all marbles are firmly in place!

What I suggest every business person should do is stand back from their business and always, always look at the business as another being, a separate thing and never consider the business and yourself as one.  Does not matter if you are the sole person, over 70% of businesses are in that boat. As long as you are emotionally involved you will struggle to make good solid business decisions.  

If you treat your business as your baby or your pet, how can you bring yourself to make hard decisions like cutting back on something or even walking away from something that is not working before it is too late, you cannot.  Divorce from day one and it becomes habit.  When you work for someone else you do not feel you are married to the business, your own business should be exactly the same.

This is not saying do not have passion, you will need bucket loads of that and also perseverance.  Giving your business the best chance is only fair, so don't fall in love, just get professional and tough. Few get rich through self-employment but you can obtain freedom, pleasure and a reasonable living if you get it right.

SEEK IT OUT: Changing the world a stitch at a time
© Danomyte - Fotolia.com

Wednesday, 28 November 2012

Just because you're selling .....

Hi Janie here again with another guest blog - thanks SIO for letting me revisit you. 

Understanding business - unlocking the secrets of business

Just because you're selling today does not mean the person you meet or who sees your shop is buying today.  Often I meet small business owners who are confused by networking and building relationships, they assume pitch and do it enough then you will sell.  You cannot sell to someone who does not want to buy at that moment.  Pressure selling is a way to guarantee they will never buy from you. Coax, inform, keep your brand in the limelight, and remind, this way when they are ready to buy they will remember you.

Always put yourself in their shoes, do you buy a loaf of bread every time you walk past the bakers, of course you don't, and nor will your customers.  Too much pushing and you become like those pesky telephone sales folks reading from the script.  Remember less is more on the pitch but remember brand is key keep it in the public eye using multiple media multiple times.  Look at Marks and Spencer, just think how many ways and where you see their brand - from shop front to tags in the knickers, TV ads to sandwich wrappers - that is keeping a brand in the public eye.  Small or large same applies!

SEEK IT OUT: Changing the world a stitch at a time

© rodolphe trider - Fotolia.com
© Solomin Andrey - Fotolia.com



Friday, 20 July 2012

Marketing what is it?

Selling on-line only, selling through small local craft fairs or a retail giant, marketing is vital for all.  We cannot buy something if we do not know it exists, your potential clients have to first discover your products exists, find a desire or reason to have and finally decide to buy.  A lot of steps to the point of sale, get it wrong and you will simply not sell.

Marketing is…..
  • Marketing is powerful
  • Marketing is cost effective
  • Marketing is essential for growth
  • Marketing is achievable by all
MARKETING IS A MINDSET – YOU MAKE IT HAPPEN
What is marketing? Simple answer everything…….
Marketing takes many forms and can cost from nothing to millions, but it is a vital for every business. Marketing is a journey, with an end, many possible routes and often to be repeated in differing forms. It is many things brought together to achieve one goal.
What is the purpose of marketing? Marketing is all about building…..
  • BUILDING YOUR BRAND (every business has a brand without fail)
  • Building market share
  • Building profits
  • Building product range
  • Building relationships
  • Building reputation
It is not needed for my business, what can I use for a fast track approach, it is only advertising so not right for me, all things I hear and all are wrong, there are no miracle cures and no one can be let off the hook as marketing touches every business from UK PLC to charity, one man bands to multinationals.  The difference is found in the mix of methods, the spend and the repetition but again this varies even with like for like businesses.

Each business uses different techniques in varying ways there is no ‘one fits all’ solution is out there but one thing is proven you MUST use multiple methods of marketing.  Times and economies change fast these days, new likes and dislikes happen overnight, so even if not trend setters we must have our finger on the pulse to some degree.  This is not about fashion trends it is about the trends your clients are following, potential or current.  Lose sight of that and you will soon lose customers to someone who is paying attention not assuming they know or basing ideas on old information.

Step one, work out what you do in the way of marketing.  Traditional methods like adverts, be it in a magazine or Google Ads, or less obvious such as business networking, blogging, presenting a pretty show stand or shop window, even telling the girl on the check out at the supermarket what you do.  Sit, think and list all you do may take a while but you will be amazed. 

Next you must learn how to evaluate these methods, often people put too much emphasis on the one method that drives immediate sales, but are there secondary methods driving brand awareness so that your name sticks in the mind of consumers and helps drive sales but in a less obvious way.  Also important, are these methods portraying your business in the correct way and following the ethos of your business or could you make them better, are they good for your business?  Be tough, be honest and be realistic and never decide on a snap decision or head for comfort zone options, as you do not buy from yourself so it is your clients likes, needs, wants, hates etc. you must understand or pander to.

Have you ever heard of Marks and Spencer or M&S?  Stupid question I hear you say, well no it is not, they are a massive high street brand but yet every day they reduce their profits but adding to their costs, why?  Brand awareness, consumers have short memories and soon find alternatives so that is why M & S put the branding on everything from their sandwiches to their knickers as it reinforces the message that they are there, come and buy.  The message is thought through and brand images are tightly controlled to ensure continuity and appropriateness.  So even tiny weeny businesses should look at marketing as something that is intertwined in every aspect of their business every hour of the day, not just a costly or detached segment of running their business.  

Brought to you by the Seek It Out team
 Seek It Out: Changing the world a stitch at a time

Friday, 13 July 2012

(Guest Blog) Social Media – What to write about


This week we welcome the Sewing Directory as a Guest Blogger - huge thanks to them for this informative piece.

Social Media – What to write about

People are always saying you should get onto Facebook and Twitter or set up a blog to help build your business.  Where many people struggle is to know what to say on their social media accounts, most people know you shouldn’t go on about your products all the time, so what should you talk about?

Related products/services
If you sell fabric then why not share projects and tutorials which show people what to do with the fabric they buy from you?  Discuss sewing magazines or books.  All these things are complimentary to your products and will help to engage your followers.  If you have the time try and find projects made up with supplies that you sell so if someone loves the fabric featured they can buy it from you.  Or when posting a link you could say this would look great made up in this fabric (and link to one on your site).

Tips and How to Guides
People always appreciate advice; if you sell beads why not tell people about different storage options, different beading techniques or write a tutorial to share with people.  If you stock art supplies explain the difference between the different types of paint and when best to use them, demonstrate techniques, interview artists to get advice to share with your followers.

Show who is behind the business
People love to know who they are doing business with, maybe profile your company owners and staff on your blog, share pictures of them at shows or in the shop on Facebook.  Let people know about the history of the company, celebrate milestones with them and make them feel a part of your business.   It is a lot easier to relate to a person than to a faceless business.

Industry News & events
Keep an eye on key industry sites and magazines so you can share details of upcoming shows, new products and industry news with your followers.  If people know you are a good source of information they will keep coming back to you.

Your products and offers
Of course it is expected that you will also talk about your products and offers, just be careful to keep it to a minimum so you don’t spam people.   Facebook is ideal for sharing pictures of your new products, blogs give you a place to tell people what is coming soon or just in stock and tempting one liners on Twitter will get people clicking to see more eg. ‘Wow wait until you see what just arrived today...’

Promote others
It’s nice to promote complimentary businesses to yours through your social media, and often they will return the favour therefore getting both of you new fans and hopefully new customers.  For instance if you sell quilting fabrics but not wadding you could tell people about good places to buy wadding.  You could also tell people where to get their quilts long arm quilted and then hopefully when they get customers looking for fabric they will send them your way and hopefully mention you on their social media accounts.

General chat
Social media is all about being social, think about what you would discuss with someone you just met in real life – the weather, what was on TV last night, what is in the news etc.  Personally I think business accounts/blogs should be kept mainly to business but that doesn’t mean there’s no space for a little bit of general chit chat, and ironically those kinds of posts tend to have a good response rate too!

Hopefully the above will give you a few ideas about what content you could use for your updates.  In time you will find what works best for you.  Keep an eye on your stats (follower numbers, views per post on Facebook, Twitter interactions and retweets, page hits on your blog and whether your web stats increase following your posts) to see what gives you the best result. 

This post was written by Fiona Pullen from The SewingDirectory For more social media advice including detailed guides on using Facebook, Twitter and setting up a blog please visit: http://www.thesewingdirectory.co.uk/business-articles/


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