Small business owners are missing out on significant sales opportunity if you do not have ecommerce presence. Online sales continue to grow at double digit rate and are expected to do so for many years to come. Amazon and eBay reported solid online sales for the Black Friday last week. More and more customers are now comfortable buying online, which is why every retailer in the world is trying to set up online presence.
Ecommerce sales have been growing by leaps and bounds in the last 10 years, driven by maturing of Internet technology and changing consumer behavior. Amazon has solidified its position as the behemoth of online sales, just like Wal-Mart did with brick and mortar retail few decades ago. Even traditional brick and mortar retailers, such as Staples, Best Buy, and Wal-Mart itself, have established online operations and are working hard to increase their online sales.
Some people may not agree, but billboards are still relevant in this age of digital advertising. They offer great visibility to businesses in a very cost-effective way. For one thing, they are always there. People do not have to hunt for them. When designed right, they can catch people’s eyes and make lasting impression on their minds.
Wouldn’t it be even more effective if you could take those billboards and make them mobile so that they can be put in front of the people in multiple places? This is exactly putting the company logo and other brand building advertisements on the clothes people wear can do. This is similar to putting Facebook’s “Sponsored Stories” in people’s news page, except the story moves around and gives exposure in front of hundreds of people.
Businesses can incorporate the promotional logo clothing in multiple ways. The most common is giving T-shirts with your corporate logo to visitors and customers at Trade shows and other such places. You can also ask your employees to wear them while they are on duty. They will probably wear them even when they are not working. No matter how you do it placing corporate logo on clothes provides excellent visibility to your business in addition to other benefits described below.
If you run a small to medium sized business (SME) you probably already feel like you’re trying to keep a million plates spinning at once – add international trading in to this and ensuring none of them fall can seem like impossibility. When you take the step to begin trading across borders, it’s understandable to feel like you’re exposing your business to a lot of risk: what the laws of your country may protect your business against, the laws in the company you are trading with may not. Thankfully, banks such as HSBC offer a number of services, from business credit cards to important export services, designed to support SMEs as they grow their business abroad. Let’s look at those services and how they could benefit your business.
Those who are regular readers of this blog know that I am a big supporter of small businesses many of whom feel that they are at a disadvantage when competing with large corporations. I firmly believe that not only can small businesses compete with their larger rivals,but can beat them at their own game. We showed some of the techniques you can use to beat large competitors in earlier post.
In my view large corporations gain advantage against smaller rivals with economies of scale and having better access to capital and business tools. However, the Internet is changing the playing field in favor of small business owners. SohoOS is one promising start-up that aims to level the playing field in the area of business tools. SohoOS shares our vision of helping small business owners effectively compete with and beat their larger rivals who hold unfair advantage.
Do you want to start an online retail store, but are always afraid of effort and money required to do so? I have come across a cheap and elegant solution that has the potential to help you with it. The solution comes from a start-up called Goodsie. I checked out their web site and was very impressed with its functionality and ease of use. You do not need to have computer programming knowledge to use this software, which is a great relief to many of us who do not have that skill or don’t want to deal with that hassle.
While online retail stores have been around for some time, small business owners have been at a disadvantage against their larger rivals due to their lack of skills and money required to build and run online retailing. You can use Amazon or eBay, but you are likely to be drowned out amongst thousands of businesses who are jockeying for the top position. That is why I strongly believe in having your own online store with a unique identity that you can control. Goodsie lets you do that easily.