Showing posts with label small business tips. Show all posts
Showing posts with label small business tips. Show all posts

Sunday, August 14, 2011

The Right Way to Admit You Made a Mistake in Business

This isn't my typical "how to" marketing communications article; but it does have to do with business communication and it happens to be especially relevant to me at the moment. Mistakes: we all make them - right? Yet who hasn't run across people in business who find it impossible to admit when they DO make a mistake by deflecting blame elsewhere; don't know how to properly apologize and offer assurances that they will work on the issue that caused the mistake; or simply out and out lie in order to avoid taking responsibility? I know I certainly have. In fact, I once "fired" a customer that was in the liar category. She not only lied when things went wrong - she pointed the finger at my company and its employees. Life is just too short to lose sleep over people like that...

I was recently reminded of the RIGHT way to handle a personal business mistake when I had ads that went out with uncorrected errors for a client. The uncorrected errors were the result of both my own and my graphic designer's carelessness. For me personally, it was a case of too many deadlines crashing in at once (I was about to leave on vacation), too much distraction (children visiting from out of the country), and relying too heavily on my graphic designer to get it right. I'm not blaming my graphic designer. I'm the account executive and art director; I'm the one directing the designer; and I'm the one who should ensure that every communication that goes out for my clients are exactly what they expect.

I knew before the magazines hit the streets that the ads contained errors. There's always that moment when you realize you've made a mistake and this is the moral turning point. It's the time when you either pull up your big girl (or boy) panties and proactively address the situation; start looking around for a scape goat; start working on the cover up lie; or just plain stick your head in the sand and hope nobody discovers what happened. (Of course, I chose to take the proactive approach.)

Regardless of whom the mistake affected (customer; your employer; co-worker, vendor, etc.) or what the consequences were as a result of the mistake, here are some steps to follow the next time YOU screw up royally in business.

Act quickly. An apology seems forced when your mistake becomes known to the entire world. Take the high road - as soon as you realize the mistake, communicate with those who will be affected by it.

When possible, apologize in person. Someone very wise encouraged me to do this many years ago when I was in a similar situation. It's a lot harder than sending an email; but it will speak volumes about the sincerity of your apology and the strength of your character. When the people you need to apologize to are not within close proximity, a phone call is better than email. However, if you need to apologize to a large group, sometimes email really is the best solution.

Explain what happened without blaming others. The full explanation is important, because we can't make positive change unless we understand what truly happened. Try to stick to the facts, especially where other people are concerned. Sometimes the actions of others play into a situation that was ultimately your fault. Accept full responsibility and resist the temptation to point fingers.

Make assurances that you are taking steps to prevent the mistake from happening again. No Mistake is a bad thing if we learn from it and it brings about positive change or growth. If safeguards or systems need to be put into place to minimize the risk of re-occurrence, explain that you have recognized this and are taking action.

Apologize! This seems to be the hardest part for some people. They can explain their mistake and take action to prevent it from happening again, but saying "I'm sorry" is taking off the armor and opening up to... what? What is the worst thing that can happen? Why is it so hard for some people to admit they're not perfect, when everyone knows that NOBODY is perfect? Just say it: I screwed up. I'm so sorry. Please accept my apology. Will you please forgive me? However you choose to say it, you must make yourself vulnerable. I have found that most (not all, but most) people respond graciously to a sincere apology.

If appropriate, make restitution. This is especially important if your mistake affected a customer. You may have personal relationships with long-time customers, but your relationship is still based on doing business together. Perhaps you can't afford to fully recompense your customer the way you would like to; but any gesture is better than none at all.

Ultimately, the act of apologizing - whether in your personal life, or in business - is a healthy dose of self-awareness: awareness of your actions and the effect of those actions on other people. When you can be honest in your assessment of what you did and the undesired effect it had, you will naturally be much less likely to repeat the mistake. Abandon the need to be all knowing and infallible, and you make yourself more available for more genuine relationships and communication with the people you do business with.

Kerry O'Malley is President and founder of Marketects, an industrial marketing communications agency based in Houston, TX. For over a decade Marketects has worked with numerous small to mid size manufacturing and industrial service companies and helped them increase brand recognition, move into new markets, and obtain new prospects through creative and targeted marketing communications. Prior to founding Marketects, Ms. O'Malley had a proven track record managing marketing communications in actual manufacturing and industrial service companies. Because of her work on "the other side of the desk" Ms. O'Malley has a no-nonsense approach to marketing and believes she can offer creative solutions to industrial companies, regardless of budget. Her specialties include industrial advertising and P/R campaign management; trade show strategies and display development; web site content development; brand identity consulting and development; and industrial social media marketing management.

About the Author

Read more about industrial marketing strategy on the Marketects blog- http://businessnewsinfo.blogspot.com

Monday, July 25, 2011

Which Social Media Channel Is Right For Your Business?

Social media is growing at a frantic pace and, as fast paced businesses, we need to sing the tune along. So the question is do we go all out and join all social media platforms and try to pile on marketing mileage, or do we need to figure out the best platforms that suits our specific business needs and stay effective? Let's answer this most ignored however highly important question by analyzing some of the most popular social network platforms in terms of their effectiveness as marketing tools.

Facebook

This highest ranking website in the world can apparently draw more prospects to your business by the sheer weight of its huge fan base. A closer look may suggest it to be a great place for consumer interactions, feedback, and some cool brand exposure for your products. And as Facebook fans are more occupied with these interactions they are not easily drawn to your site, and hence you cannot see much increase in website traffic through Facebook promotions. Facebook is also not a search engine's favorite, so you may not see any significant increase in organic traffic on your website. So based on these you may use Facebook to maximize your marketing effectiveness.

Twitter
As Facebook, Twitter also provides similar marketing benefits however it is ranked better when it comes to search engine friendliness. However, the challenge here is to pack maximum effectiveness in those short messages and draw the followers to your business.

YouTube
It delivers your marketing messages in the best possible way, through videos. Though it seems an easy job, the real challenge is to be noticed in the crowd and get more relevant views. Per se YouTube offers excellent brand awareness and tremendous feedback and suggestion platform for your videos. It is also search engine friendly but not as effective a puller to your website. All these make it a mandatory channel for delivering your messages irrespective of the service and products you offer.

LinkedIn

This is more of a personal branding medium. This can help you to showcase the human resource strength of your organization. So the objectives before using this for business reasons should be clearly defined. For solopreneurs, LinkedIn is a wish come true. Not only can they connect with prospects and clients, they can also participate in various group discussions and show off their knowledge.


Every social media site is designed for different needs, creating varied marketing opportunities for businesses. So the point is, to first understand what your products or services requires and then choose the right platform. Let's look at some marketing needs and then choose relevant social media platforms.

  • If your marketing involves lots of customer interactions and feedback then it is highly recommended that you go for Facebook and twitter and you can simply ignore platforms like LinkedIn.

  • If promotional videos form major part of your marketing then undoubtedly YouTube would be the choice, you can then multiply the effect using Facebook and twitter.

  • If you are eyeing some specific sections of professionals, then LinkedIn should be your primary choice and you can spice it up with Facebook and twitter.

  • If your sole objective is to get more traffic to your website then platforms that you could pay less attention to Tumblr, Flickr and LinkedIn. Other social media sites especially StumbleUpon and Digg can rope in much more traffic to your site as they are excellent at it.

  • Similarly, if you want to project an event of yours with pictures and videos then Flickr and Facebook would be a better option to choose and it will also index well in search engines.

Conclusion

The whole point is to first analyze your marketing needs and then finalize on the social channels that can best bring you the results, this surely is a great way to save unnecessary money and effort. So start analyzing and get going.

About the Author

<a target="_new" href="http://www.mybusinessassistant.com">MyBusinessAssistant: A full service virtual assistant company offers a unique Right Shore Virtual Business Center solution to help small businesses increase focus on their core business while reducing overhead expenses.