fall business strategies

Fall into a New Season of Business

Moving into Autumn means the leaves are changing – and your business may be too! As we enter the fourth quarter of this fiscal year, it is essential to consider what you may need to do differently so that your business finishes strong and is prepared for 2022.

As business owners, we must remain relentless and determined. If you find your business is not achieving what you want, you must be willing to adjust and try out new strategies. Rather than getting wrapped up in how you may have performed in the past three quarters, make this fourth quarter your opportunity to get innovative and try out something different to finish the year strong.

Is your business reaching a new cycle of growth?

According to the National Bureau of Economic Research, we are currently in longest business cycle on record. While this has meant consistent growth for many, it also indicates that we may be nearing the peak of this growth and an upcoming downtick. According to Harvard Business Review, applying a market-creating strategy, focused on generating new markets, will allow your business to maintain its growth even as the business cycle changes.
Rather than relying on strategies that focus solely on outperforming existing rivals, a combination of strategies can allow you to enter a new cycle of growth and maintain that growth in the future. Growing your business requires patience, but it also requires determination and focus. By strategizing and planning for the future, you can grow your business and keep it steady even in the face of an economic downturn.

Are your strategies for reaching potential customers working?

As business owners, we often must think of new ways to reach potential customers that allow our businesses to continue to grow and thrive. But we also cannot forget to maintain our relationships with our current customers.

According to the Small Business Association, you can reach potential new customers, while still nurturing your current customers by applying these 10 strategies:

  • Ask for referrals in active ways when following up with customers
  • Network through organizations and events in your industry and relevant to your customers
  • Offer discounts and incentives for new customers only and track those who redeem the offer to target with future marketing
  • Re-contact old customers, who haven’t recently purchased from you, on a regular basis
  • Improve your website to ensure it is up to date and attractive to new customers
  • Partner with complementary businesses and strategize ways to benefit each other
  • Promote your expertise through industry panels or online workshops
  • Use online reviews to your advantage, such as by linking to them on your website
  • Participate in community events to raise your profile and get your name out
  • Offer “bring a friend” deals to allow regulars to introduce potential new customers

By implementing different strategies, you can allow your business to reach a wider customer base and grow your success. These can allow you to also grow on a consistent basis and maintain a strong loyalty with your current customers. As you enter the 4th quarter and work to finish strong, keep these strategies, and us, in mind!

About the author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.

The Solution to the Problem

Did you ever have someone always come to you with a problem? This could be a friend, a business associate, or a fellow employee. They present a problem or in a conversation say “the problem is” … but what is the missing piece? It is a suggested solution.

I recently spoke with a nurse that was set to meet with her supervisor to discuss issues that related to patient care. Prior to her meeting, our conversation started with – the problem is when they bring the trays up, the coffee spills on the sugar and it’s gross. It bothers me to give this to the patient. Not only are we providing patient care but because meals are cold, we are having to heat them one at a time. This is affecting our capability to provide quality care and impacting the patient’s ability to heal because of unsatisfactory nourishment. She had a laundry list of issues and as I listened, I asked, “What’s the solution?”

The nurse thought about my question and proceeded to offer ways that could improve a patient’s experience and provide solutions to her concerns. Before her meeting with the supervisor, she put a wet condiment packet from a food tray where coffee had spilled in a baggie took it with her to the meeting. The supervisor was unaware of many of her concerns, but what helped her cause was the fact that she provided an example of why it bothered her to serve a patient a try with a condiment that “looked gross” as well as offered solutions. The outcome…. some of her suggestions have been implemented.

An engineering colleague spoke of an entirely different situation where a junior engineer is choosing to not step up to the plate with solutions to work situations. After a number of years of working for him, the junior engineer still comes to him wanting answers to problems he is qualified to solve. The junior engineer has been asked to get his PE, but he says he doesn’t want that responsibility. The lack of drive and the ability to want to problem solve will eventually hurt his career. The senior engineer indicated the junior engineer has the right answer, but doesn’t want to offer the solution. He would rather allow someone else make that decision for him. Many senior engineers will be retiring soon and he told the young engineer that in the not-too-distant future, he would HAVE to make decisions because they wouldn’t be there to ask.

Problems and solutions in two different industries… but very different outcomes.

What steps should you take to become a problem solver?

  • Identify and define the problem. Break apart the situation and identify a root cause of the problem. Document how the process currently flows and identify how the problem is impacting your ability to effectively perform your job.
  • Look at various software tools, operational shifts, and changes in policy that would impact the situation.
  • Offer multiple alternatives that could be modified to determine a best outcome.
  • Evaluate alternatives. Include affected parties to garner feedback and buy in for the solution.
  • Sell your solution to leadership or if you are the business owner affected staff.
  • Implement and reevaluate proposed solutions allowing for feedback and/or modification.

At the end of the day are you going to be a problem solver or a person who doesn’t want to take the responsibility to improve customer service, operations and ultimately help a business be better? I challenge you to evaluate your conversations to see if you can shift your mindset to offer solutions to today’s problems.

About the author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.

Website-Development-Strategy-for-small-business

Website Development Strategy for Small Business

Website-Development-Strategy-for-small-businessStrategy is a key component in the development of a new website. Often business owners will determine they need an updated site or don’t have a website at all. Perhaps new products or product lines have been developed and without the marketing strategy, the website lacks the ability to demonstrate your message and have an effective call to action.

When the Edmiston Group works with a client on a new website, we first determine what the GOAL of the website will be. We ask questions such as “What are your product lines or service offerings? Will you bundle services for a higher price point? How will you utilize social media and third-party testimonials? Why do you do what you do? How does that solve a problem for YOUR customers? Answers to these and many other questions during our initial strategy session will help us design and develop the sitemap and framework for the new website. We ask thought provoking questions that help a business owner determine their unique selling proposition.

Our team recently worked with ATK Design Studios to help them create a new look and tell their story utilizing video and other forms of imagery. Small unique ATK branded design elements were incorporated into the various photos and images and the imagery was locked to help in the prevention of others from copying their photos.

We reviewed website content and assisted in wordsmithing their messaging to provide a better client experience. Linking to their social media sites, particularly YouTube which is owned by Google will also help in their search results.

TESTIMONIAL

“We place emphasis on designing each commercial kitchen with its’ own unique identity. The Edmiston Group grasped that immediately. They saw our passion for communicating each project’s story. We wanted something distinct that reflected our brand. Edmiston Group did a fantastic job of bringing our vision to life. Sincerely a great team to work with.” Terri Kidwell, President – ATK Design Studios.

If your website is in need of a makeover or perhaps you’ve recently changed your product offerings and the website doesn’t reflect the new services, email us or call 724-612-0755 to learn more.

communication-crisis-planning

Communication Crisis Planning

During 2020, businesses were thrust into pandemic mode in communicating with staff, clients, vendors, and their customers. The fluid changes in operations were dictated by the government’s mandates of the current pandemic situation.

According to HubSpot, when a business goes into crisis, it generally falls into one of five categories:
  • Financial – Financial loss such as announcing a bankruptcy or store closures.
  • Personnel – Changes to staff that may affect operations or reputation such as employee furloughs or layoffs.
  • Organizational – An apology for misconduct or wrongdoing as a result of organizational practices.
  • Technological – Technological failure that results in outages causing reduced functionality or functionality loss.
  • Natural – Natural crisis that necessitates an announcement or change of procedure. For example, defining safety precautions in the midst of a health crisis.

By preparing to address how each of these areas will affect your business operations, business owners will be able to quickly to execute a crisis communication plan. Lack of planning for a given situation will leave a business owner trying to figure out in those first critical moments who to notify, what information is needed, how the business will rebound and what long-term effects the crisis has.

For example, because of the pandemic, Christopher & Banks decided to close their brick-and-mortar stores and shift to online operations. Many big box chains reacted similarly. They notified customers via email and other sources of store closings.

Personnel crisis communication occurs when a person affiliated with the company makes statements or takes actions that don’t align with the company’s brand. An organizational crisis occurs when operational procedures aren’t followed. Ellen DeGeneres faced crisis from both personnel and operational fronts in 2020 amidst revelations of a toxic workplace culture and sexual harassment issues regarding senior executives.

How many times does technology and ransomware attacks hit the news? Most recently Microsoft faced backlash for its lack of transparency in a recent hack into their exchange networks exposing millions of businesses to hackers.

We have seen countless news reports over the past year on COVID-related policy changes.

What does this have to do with your business? You may think you’re a small business and these major things won’t happen to you, but in some form or another, they can and often do. As a business owner, preparing for these types of situations will give you the framework to structure your efforts and prepare your contingency plans accordingly. Building a plan that includes communicating with stakeholders, informing employees, and creating adaptive solutions once the crisis has happened will enable you to react quickly.

Being prepared today will enable you to react to adapt and remain open for business tomorrow.

About the author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.

person using computer and phone to view social media

How Social Are You?

person using computer and phone to view social media

The key to growing your business is understanding your audience and who your prospective customers are.  With the recent workplace changes, zoom meetings, and virtual cups of coffee how are you connecting with that audience?  Are you reaching out via a newsletter to stay top of mind?  Do you regularly post on social media channels where your customers are?  Are you using postcards and/or snail mail to stay in touch?

Sharing relevant content on your social channels is a great way to keep your audience abreast of industry updates, new products, and/or accomplishments.  This type of information can come directly to your inbox by way of Google Alerts.  If you are unfamiliar with the term or the process to set up an alert, here is a quick how to link

Look for your customer’s pain points.   For example, if a prospect mentions a problem they’re having that you can address, a Google Alert can enable you to quickly get involved in the conversation with a helpful piece of content or insight. If a potential buyer’s company hires a new CEO, key personnel, or expands their business, you should comment on the alert’s trigger event as soon as possible to get on their radar.  Based on your need, these alerts can easily be adjusted.

As it pertains to LinkedIn, make sure your LinkedIn profile is optimized.  Identify the groups where your potential customers are members, follow and participate in discussions.  These discussions can often reveal the current pain points a customer is experiencing.

NURTURE DON’T SELL

When developing online relationships avoid the hard closing tactic and nurture your leads.  Understanding who your leads are is key to your sales process.  Social selling is the process of researching, connecting, and interacting with prospects and customers on social media networks — notably Twitter and LinkedIn, but others certainly fit the bill. Through commenting on, liking, and sharing prospects’ and customers’ posts, salespeople create relationships with buyers and boost their credibility by taking an interest in what they’re discussing.

As you share success stories from current customers, third party validation helps build your credibility with potential buyers and allows prospects to relate to your customers’ experiences.   If you have provided a solution to a problem a potential prospect may be more likely to envision the same solution solving their issue as well.

Likewise, are you monitoring customer satisfaction within your company’s service delivery and addressing any unresolved problems and issues?  How often before hiring a company or service, going to a restaurant, booking travel, etc. do you look at customer reviews?  As a consumer, do you have a better image of the company if they acknowledge the issue and make amends?  Let’s face it, we’re not going to please everyone 100% of the time, but if your company consistently has 2 or 3-star reviews it may be time to look internally.

IF YOU’RE NOT MEASURING YOU’RE NOT MARKETING

Measure your engagement in the form of likes, comments, and shares.  The higher the engagement the more likely the content resonated with your audience. By paying attention to what content gets the most engagement with your audience, you can see what content or conversation topics are of interest to your prospects.   This is a good indication that you should seek out and share more about that topic.

It boils down to this…

  • Know your target market
  • Provide relevant information and nurture prospective leads
  • Track your engagement and provide more like content
  • Develop social relationships that allow you to close the sale

If you are unsure of your audience, their pain points, or how to engage and track performance, contact the Edmiston Group or call 724-612-0755.

About the Author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.  Contact the Edmiston Group today to learn how we can bring fresh ideas to help grow your business.

Man with eight arms holding business tools

How Much Are You Willing to Invest?

You don’t always need to make huge changes in your business to grow. Sometimes, small pivots can be just as effective. Here are some tips to help you understand what it takes to adapt and make incremental adjustments.

Let your personality shine through.  As a business owner, are you involved with the local community or a nonprofit organization?  Have you created a company culture where employees enjoy coming to work and feel valued?  For years, many business owners have kept their personal and company brands separate. But your personal brand could be an asset to your business.

Build your management team.  As your business grows, a business owner can reach capacity.  We start off in business wearing all the hats, but there are only so many hours in a day.  As a business matures, owners must decide if they will begin to invest in key personnel – a good attorney, accountant, marketing support, IT staff, and HR.   Lack of this commitment to move forward will leave a business stuck.  Savvy business owners realize there may not be the budget to bring on senior staff as they outgrow the ability to do it all.  However, a fractional manager brought on as an outside consultant can be most effective. The fractional manager is laser-focused on their skill area and can quickly assess the situation while delivering results.

Invest in marketing. Building a brand requires investing time and resources into creating awareness.  I often hear “I’ve been in business for 4 years and people don’t know we’re here.”  To gain customer awareness, you have to invest in a website that becomes your business’s digital front door and in traditional and social media to communicate with potential customers where they get their information. Not having an internet presence is as bad as a retailer having a bad location and no outdoor signage. No one knows you are there to meet their needs.

Know your customer.  It is not enough to be out there in cyberspace, you have to be able to reach the right people. Being where they are is integral to pushing them along the buying continuum so they understand who you are, believe what you offer, and then try your product or services. Marketing is not a cost to a business, it is an investment. Without it, you have no chance to connect with those who you want to buy from you.

Review Your Email Marketing Strategy to be giving valuable information that people want to read.   Make sure to utilize a mobile-friendly template.  “Email marketing should address how you can make [the recipient’s] life better today, even if it is in a small way,” Dave Charest, director of content marketing at Constant Contact. “You can demonstrate urgency by positioning your products and services in a way that addresses new and changing customer needs, not by pushing discounts and products down their throat. Email marketing is all about sharing the information [the recipient] needs in the way they prefer it, which includes tone, length, and time of day.”

Are you ready to invest in your business?  To learn more about these and other marketing strategies, contact the Edmiston Group, or call 724-612-0755.

About the Author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.  Contact the Edmiston Group today to learn how we can bring fresh ideas to help grow your business.

Touch screen smartphone in hand

SHOW YOUR HUMAN SIDE

Are you bringing a human element into your email marketing program?  
Better yet, do you utilize an email program to stay in touch with colleagues, referral sources, employees, and more?

Email marketing is an effective, interactive, and measurable communications tool that allows businesses to reach a large number of customers efficiently. With specific links to areas on the website, calls to action, you can measure your results.  By looking at reports within the email platform, a business owner has effectively developed warm leads and knows who is interested in their company.

Yet, most small business owners and managers who have the best intentions to handle email marketing on their own fail to execute it consistently. They are missing opportunities to increase sales, remain top of mind for their customers, show a human side to the business, and announce new products or services.

List segmentation allows companies to target messaging to a particular area of their list, or reach out to all lists with general newsletter information.  It’s much easier to strategize who your target market is and create the segmented lists when developing a newsletter.  Although labor-intensive on the front end, by taking the time to step through this piece during setup, the email program will yield better results moving forward.

For example, we work with an eye doctor that has multiple offices.  His lists are segmented by office in the event we have a particular message for a given office.  A contractor segments his lists by business, engineering, land developers, and government.  A nonprofit organization has their lists segmented by sponsors, business, and donors.  Think about how your business touches others and the types of clients you serve.

Many companies choose to lean on the Edmiston Group, a company that provides a full suite of marketing services to include: content creation, professional email marketing as a service, strategic marketing guidance, advertising guidance, social media management, and website development services.

Some things to consider in your newsletter include:

  • Show your human side. Are you looking for employees?  A recent newsletter we produced featured a video highlighting an employee interview with the company’s owner as to why the employee liked the company.  We prepared a short video script and the business owner and his team executed.
  • Update company information. Did the company’s hours of operation change in light of the current business climate? Are plans for a customer appreciation sale in the works? Companies keep their customers informed of changes via email.
  • Savings. Special offers are popular content in an email newsletter. The offer could be a phone consultation, a discount, or other forms of a product bundle sale.  The email subject line should announce that the message contains a type of promotion.
  • New Product Offerings. Companies should not assume that loyal customers are keeping abreast of changes and additions to service offerings. Use the email newsletter to announce new products and services so that your customers know what’s available.
  • Relationships and Community Support. Many nonprofit organizations are shifting to virtual events, walks, and other forms of communication to continue to raise awareness for their cause. Be a champion for a nonprofit by utilizing email to spread the word about company partnerships with community organizations or support of charitable causes. The goodwill could inspire people to hire the company, encourage others to pitch in, or spark new opportunities or business relationships.

Email newsletters are shareable and measurable.  People can forward them to friends and family who might need the information. Savvy business owners and managers will take advantage of this communication tool. But they don’t need to do it alone; they can turn to the Edmiston Group for a myriad of marketing services. To learn more and email us or call 724-612-0755.

About the Author: Autumn Edmiston is the CEO and owner of the Edmiston Group. The Edmiston Group is a multifaceted Pittsburgh based marketing consulting firm providing senior-level marketing management services to businesses and non-profit organizations on a short or long-term basis. Core areas of service are business development strategies, website creation and management, social media management, marketing, strategic planning, and public relations. The Edmiston Group has consistently delivered and implemented real-world, proven business marketing ideas and strategies for business.  Contact the Edmiston Group today to learn how we can bring fresh ideas to help grow your business.

lund book crop

COMPASSION IS THE COMPETITIVE EDGE

Leading with Compassion While Delivering Results

Our guest blogger is Karin J. Lund, author, speaker, consultant, and founder of G-Power Global Enterprises. She shares how companies are incorporating compassion into the workplace and the positive impact it is having on productivity, employee engagement, and retention.


Can a compassionate workplace culture create a competitive edge in your market?
Can productivity and profitability co-exist with a compassionate, culture empowered workplace?
The answer is YES!

This topic is particularly relevant in the midst, of this pandemic environment. Life events and the aftermath of these events are crushing employees legally, financially, and emotionally. Creating an environment where employees and management can express and acknowledge their feelings and support one another in a work environment, and/or a virtual or semi-virtual environment is crucial if you are going to retain employees while maintaining productivity and profitability.

An estimated $75B is lost annually due to the impact of life events and their aftermath in the workplace. Acknowledging and understanding these events and their effect on employees and management is a fundamental step toward creating a compassionate, culture empowered workforce.

We have all experienced major life events and some degree of loss since March 2020 when most of the world locked down in response to the COVID19 pandemic. Our work lives and our personal, professional, family, and parental relationships have all changed. How we eat, socialize, and plan our lives have also changed.

The silver lining is that we have taken time to reconnect with ourselves, our spouses, family, children, friends, and our employees. Our furry friends have enjoyed more attention and love during this time. CEOs and executives have appeared on Zoom screens with their favorite dog or cat sitting on their laps while they spoke to us about the state of the company’s current financial and operating situation. 

How do we come together through this major life event at home and at work?

For many of us, home and work are the same place right now and will be for the foreseeable future. How do managers and coworkers reach out to one another? How do we talk to one another? With millions of Americans dealing with furloughs, job layoffs, or job losses, working on the front line as a medical responder or uncertain school situations, how can we support each other in managing all of these challenging transitions?

The chapters in my book, Compassion is the Competitive Edge: Leading with Compassion while Delivering Results, to be released August 5th provide an opportunity for discussion around the disruption, the impact of life events, and their aftermath in the workplace, and how the workplace can and does impact our life events. This book encourages workplaces to come together as a team in ways you may not have thought possible

By addressing these issues, it provides a starting point for companies focus on creating, expanding, and refining a culture, and process around caring about, and for, co-workers, while contributing to the financial or service success of the organization.

Jack Weiner, CEO of LinkIn, credits his success to a compassionate leadership culture that he feels has provided his company with an “incredible competitive advantage” over any business strategy.

G-Power Global’s mission is to inspire and encourage CEOs and their organizations to create and support a workplace culture that is driven by compassion throughout all verticals of the operation. It has been my goal to encourage the continual creation of workplace environments that employees, management, and new employees support because the culture respects personal and professional values while being vested in the local and global community.

A companion online program to the book called, Your Journey Through the Islands of Grief and Loss, is an interactive, private experience which guides employees and management, as well as individuals, to confront their own personal issues and questions in relation to different aspects around loss and life events and their aftermath. 

The book and will be available through Amazon on August 5th and the online program will be available around the same time on my website www.G-PowerGlobal.com. If you have any questions concerning additional online programs for your company, college/university, or non-profit group you can contact me at [email protected].

If your company or place of business incurs a sudden loss or life event, G-Power Global Enterprises is available to help your team come together following that event.  Leading with compassion is not just the right thing to do. It’s also the best way to support employees so they can feel valued and do their best work. As Ram Dass says, “We’re all just walking each other home.”

Opens the dialogue to create more productive, empowered, non-toxic work atmospheres. Every corporate leader should read this book!

Michelle R. Donovan, best-selling author of The 29% Solution and A Woman’s Way

A must-read for business leaders and supervisory management
This book is a comprehensive prescription for how to live the people value in the workplace.

Fred Bentzel, Managing Partner, 10x Solutions Inc., www.10x-solutions.com

A great tool for both managers and employees in helping build a more cohesive and caring work environment, which can lead to stronger employee retention, engagement and productivity.

Lori Gallagher, Senior HR Consultant

About the Author: KARIN J. LUND, author, speaker, consultant, and founder of the G-Power Global Enterprises. Through educational and professional input, she has authored books, created corporate workshops and online programs that encourage the development of a compassionate, culture empowered workforce that also supports productivity, services, and profitability. As a civilian responder after Hurricane Katrina and 911, Lund experienced first-hand how different kinds of loss impacts management, employees, and entire business and local communities.