Have you felt ripped off by any business lately? Doesn’t matter if it’s big or small. Why should honesty and business go together?
Businesses whether small or large play an important role in society despite the harsh and hostile environment. The small business owner plays a very important role in his or her local community. They provide valuable products and services and employment. Some people say large cities provide the basic social construct or infrastructure and are important to society. But I believe it starts in local communities. So when a local business person is dishonest he or she hurts the local community. Continue reading “Honesty and business – oil and water or strawberries and cream?”
You only have to take a look around in this economy to see how important new ideas are. People who were riding high two or three years ago have suddenly found themselves in trouble. This is not only small business owners but also individuals. I recall about three years ago a successful business woman, admired for her leadership and energy, who told about her long road to success. It was an inspiring talk and had the crowd at the gala dinner event were enthralled. Now, sadly, this same highflyer is without a job. Continue reading “What’s the one most important thing to have when you come up with a new idea?”
These days small businesses rely on other small businesses, freelancers or solopreneurs to provide them with services so they can grow their business.
Pricing your service and estimating the time that it will take are crucial elements in any offer you make.
Shrewd business owners in this economy want to put you on a retainer rather than accept your offer to price jobs or projects separately. The reason for this is simply that they can sqeeze as much out of you as possible for a fixed price. Continue reading “How valuable is your service?”
Over the festive season, I walked down to the rocks near Kalk Bay to show my daughter and son an old fish trap along the coastline. They were amazed. They asked me how old the fish trap, made in the rocks on the water’s edge, was. I really can’t give a precise answer because to my knowledge there is no history of these fish traps around the South African coast. Some romantic historians would put these fish traps in ancient times but this one in particular looked as though it had been made about more than 100 years ago. Continue reading “An old Kalk Bay fish trap reveals a secret to sales”
A physicist who has taken up science communication teamed up with a professor to produce a simple explanation of how the body gets rid of fat. This, they felt was a contribution to the war on obesity. They found that heat is released, especially when you exercise, but that is a by-product of the chemical reaction that takes place in the body when you lose fat, not the conversion of fat. Calculations showed that the lungs are the primary excretory organ for fat. When you lose weight, you need to unlock the carbon stored in fat cells. You release fat as carbon dioxide and water through your lungs. Continue reading “Do you need to put your business on a fat reduction programme?”
While on holiday in the southern peninsula of Cape Town I was told that the metro or municipality is no longer collecting kelp or seaweed from the beaches. For many years the practice on Cape Town beaches was to use tractors with trailers, collect the kelp that had washed up in the storms and take them off the beach. It seems like the seaweed was used in kelp processing and fertiliser operations. Now apparently the City no longer collects the seaweed because environmentalists have found that the seaweed or kelp helps to propagate a host of marine organisms and life on the edges of the coastline. Continue reading “It’s not always new ideas that are winners, old ideas can be powerful too”
The other day entrepreneurs were talking about what they wanted to do in 2015 that was different from the previous year. I was surprised that many of them spoke about wanting to try out new marketing ideas, tools and methods above things like cash flow, staffing issues and cost control. It just goes to show how important marketing is in any economy but particularly so with the uncertainty in the local economy.
Is marketing one of the areas that you will focus on in 2015? If it isn’t don’t dismiss reading further because you may need to market harder in this economy should this uncertainty and low growth continue.
When you look at marketing you can approach it from changing the media you use, using different tools or methods and changing who does your marketing for you. Let’s quickly look at the different media. Many small businesses now rely on social media such as Facebook for an online presence but they also need to advertise in local print and even city magazines. But not enough small business owners try out radio. In one coastal area I know of radio is used to its full effect which helps bring in more customers for these businesses. Social media is fine for keeping prospective customers up to date with what you are doing in your business but you will still need to drive traffic to your Facebook site. Continue reading “Ready for new marketing ideas? Here’s how to do it”
One of the massive fast-food chain stores suffered a loss of 245 pieces of chicken and 63 kg of chips in three days. In two shifts 424 cans of cold drink and 518 cans of juice had disappeared. Management tried to stop the losses by locking the freezers, storerooms and the walk-in coolers. But the stock losses continued. The business hired new supervisors and managers and implemented more stock handling measures. It was an impossible task and eventually the business dismissed all their staff in the particular team at a disciplinary enquiry. The problem was resolved immediately. Continue reading “How much do you value the hard work and honesty of your staff in your small business?”
“Stellenbosch Pinotage” by Agne27 – Own work. Licensed under CC BY-SA 3.0 via Wikimedia Commons
A wine merchant from Somerset West in the Western Cape called me enquiring whether I would like to buy wine from their boutiques wine service. It was a cold call. I didn’t know about the wine merchant and felt that the prices were too high.
Three months later the same wine merchant called me again asking whether I would like to buy their wine. I was again reluctant to buy from them but after I was presented with a special Pinotage I thought I would give them a go. I ordered six bottles of the Pinotage rather than a case of 12 bottles to halve my risk.
The wine merchant told me that they used a small courier company that was excellent and provided personal service. The wine would be delivered three days after I put the full value of the wine and delivery cost in their banking account. Three days went by and the wine wasn’t delivered. To cut the story short, the wine was delivered only three weeks later.
It turns out that this small entrepreneurial wine merchant didn’t have a follow-up system in place to check with me and the courier that the wine had been delivered. After sending a final email in desperation, thinking that I had been ripped off and would lose my money, a representative of the courier company called me to apologise and told me that my wine would be delivered the next day.
When I asked the courier company what had gone wrong, the representative said they had no excuses and the reason had been “negligence” on their part. I was floored by such an honest answer and decided to wait for the wine to arrive the following day.
The wine was delivered the next day but that is not the end of the story. The owner of the boutique wine merchant business called me to apologise after the wine had been delivered, blaming the courier company. It was frustrating to hear from this owner after she had not been available beforehand and had not followed up even after the first three days to find out whether I had received my order.
This whole incident of buying wine from a wine merchant has left a sour taste in my mouth. I won’t be buying from any wine merchant whether online or by telephone in a hurry. Once bitten, twice shy.
Yet the poor service from this small business does highlight an important lesson for other start-ups and small businesses. Customer service is not only about the interface that you have with a small business but also, more importantly, about the whole experience you have.
To deliver that experience, a small business owner needs to ensure not only that their staff or salespeople are friendly but that there are systems in the business that assist fast and cost-effective delivery of product or services. Customers, like myself, want to be helped in the buying process. They want to be informed if deliveries are late. They want to know the reasons why there are problems. And they don’t want hollow apologies and reassurances.
The opportunity that I see in this pathetic customer service from this wine merchant is that it always pays to buy from companies and test their service levels. Competitors in the Western Cape wine merchant marketplace can benefit from weak operators like this by jacking up their own service delivery system.
How could you test your competitors service and gain valuable information and experience from what they do?
Do this, and it might make an important contribution to your sales in this tight market.
Are you challenged to come up with new business ideas or want to start your own small business?
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