All posts by Steven

Digital Branding

Essential Skills Every Successful Penetration Tester Must Have

Cyber-attacks are one of the fastest-growing threats with the majority of organizations reporting cybercrime. Companies are conscious more than ever before and are considering cybersecurity strategies to protect their businesses from cyber threats. However, it is not enough to respond to these attacks, it is important that they devise strategies like penetration testing and take a proactive approach to protect their business. A penetration testing company ensures hiring the right people for the job so that there can be a proper cybersecurity strategy in place.

 

Following are some essential skills that every successful penetration tester should have:

 

Knowledge of vulnerabilities and tool suites

 

One of the most commonly asked questions when hiring a pen-tester is to determine whether he knows more about modern vulnerabilities. An expert pen-tester should know if a client has a security product that can detect a particular tool. This is a common factor that helps in assessing a candidate for his expertise. Testers should not be helpless when they cannot use modern pen-testing tools. They should not blindly rely on the vulnerability scans. The reported vulnerabilities have known exploit code that can be used to detect system weaknesses. In order to test is a vulnerability exists, they exploit code to leverage and rectify it. Organizations do not just look for exploit writers but pen-testers who know how to modify existing exploits to make them work in specific networks for the purpose of pen-testing.

 

Learning is a continuous process

 

It is not possible for a tester to be an expert in all domains but they should be active learners and develop real-time experiences. Rather than relying on a write-up code from a security firm’s exploit, they should be able to build a virtual machine, obtain the code, and test it themselves. With the help of experience, testers build their muscle memory. Although this skill may not be very helpful in the penetration tests, yet they have the ability to recall their memory to learn new ways.  To become a proficient penetration tester, they can demonstrate continuous learning by sharing videos of their learnings. Videos are a common way to demonstrate expertise and recall all the necessary steps involved in pen-testing.

 

Understanding secure web communications

 

It is extremely important for testers to understand everything from how to register a web domain name to apply it to a cloud IP address and generate certificates for the domain, etc. In addition, they should also understand the web technologies. Web apps are common and pen testers should know how they are built, how to identify input fields, gather information, etc. to exploit the functionality of the app.

 

Writing script or code 

 

Certainly, a tester’s code does not have to be production quality but it can be a plus point if he knows how to code. The main languages that they need for basics are Python, Powershell, Peri, and Bash. besides knowing these languages, they also need to excel keyboard-fu so that they can manipulate data in any format that is required.

 

Soft skills

 

Report writing skills are a must for pen-testers so that they can describe complex issues in ways that even non-technical people can understand. It is important for them to excel in their speaking and writing skills. All these skills add up to their chances of being selected to work for a renowned penetration testing company. Since testers need to work in teams, it also means that everyone needs to know how to set up and tear down an equipment/application. The task of packing up the equipment is not that easy so it may take some time to learn that. As everything moves smoothly, QA teams can manage to achieve their projects in time.

 

Certifications 

 

It is a misconception that pending all time and energy to get certifications will lead to a job in the penetration testing field. Although certifications can be a positive factor, yet they are not a reason to hire. Certifications that pen-testers can acquire include Offensive Security Certification (OSCP/OSCE) or SANS certifications. Also, as penetration testers are there to assist organizations to strengthen their cybersecurity, testers who understand the managerial side of a business are also preferred.

 

The above-mentioned factors are some important aspects that a penetration testing company may consider when hiring penetration testers. Thus, it is crucial for pen-testers to have access to modern tools and expertise in the field so that they can be an active part of the QA team and achieve cybersecurity.

Uncategorized

5 Essential Branding Tips For At-Home Entrepreneurs

The traditional career path is a road less traveled in today’s digital age. The rise of entrepreneurs and the COVID pandemic has changed how professionals view business. Having a marketable idea and launching a business may prove more profitable, and stable, than the normal 9-to-5 grind.

 

However, starting an at-home business and becoming a successful entrepreneur is a bit more challenging than it may seem. One of the most important elements to a successful business is branding.

 

Branding covers the must-haves in business, especially for entrepreneurs launching a business idea from the kitchen table or home office. Your business’ name, logo, colors, vision, mission, and marketing message are all part of strong branding.

 

From ecommerce to mobile apps, branding is all about how to start online business from home. To help, we compiled a few essential branding tips at-home entrepreneurs may find valuable. Let’s dive in!

1. Ensure Your Brand Has A Market

Brands are only as strong as their target market. This means that you will need to identify your target market and ensure the market will want to purchase your product and/or service.

 

Did you know that the top reason startups fail is no market need? You may have a great business idea, but if there is no market to sell to, it doesn’t matter. How do you identify your market? Here are a few questions to consider:

 

  • What solutions similar to mine are already on the market?
  • Who will buy my product and/or service (buyer personas)?
  • Where does my target market live?
  • Where does my target market live online?
  • How much will my target market be willing to pay?

 

The above questions will get you started. Always think about the market or niche you want to sell to during brand building. This can help shape other aspects of your business.

2. Have Exceptional Brand Positioning In Your Market

Positioning your brand is the next essential branding tip for at-home entrepreneurs. During your target market research, you should have identified your brand’s competition. This is important, and you need to know as much about competitors as possible.

 

What do they offer? What sets your brand apart from the competitors? Why is your brand unique in the market? Find the openings and focus on them. For example, Amazon and Walmart continue to reshape their shipping policies in order to fill gaps and do more business.

3. What’s Your Brand’s Value Proposition

The term “value proposition” may seem antiquated in many ways. But make no mistake, you absolutely need to have a strong value proposition for your brand. What is a value proposition?

 

The value proposition is the value you bring to the customer or end-user. The product and/or service you have probably solves a problem. The problem and the solution to the problem is part of your value proposition. Find it and use it.

 

“A value proposition tells prospects why they should do business with you rather than your competitors, and makes the benefits of your products or services crystal clear from the outset,” Dan Shewan of Wordstream explained.

4. Build Out Core Brand Elements

Having the ground work in place, it is time to build out your brand’s core elements. These are the parts of your brand that customers will see, hear, and read. Brand elements include:

 

  • Brand Perception. Your brand perception is how customers see the brand. And how customers will describe your brand to others. Think about Starbucks. Their brand perception is quality, comfort, hip, community, and sustainable.

 

  • Color Scheme. Colors are very important when it comes to branding. There is actually color psychology that would be worthwhile to look at. Choose your colors wisely.

 

  • You should know the message, colors, and perception you want your customers to have and experience. Take those elements and put them into a well-designed logo. It is critical not to rush this, because it may be your logo for a very long time.

 

  • Brand Tagline. This is an essential branding tip many at-home entrepreneurs forget to employ. Your brand tagline is a short tag that represents your business, and is used for various marketing campaigns. It should be short and clever, like Nike’s “Just Do It.”

5. Maximize Your Online Presence And Optimize

Once you have all of the above sorted out, it is time to maximize your online presence. Develop a website that leverages all your top keywords. Create pages for keywords as well for your website.

 

You should also be blogging and posting on social media daily as a new business. But don’t be spammy. Offer up value and actionable content to entice consumers to check out your brand and evaluate it. Then optimize everything always.

In Conclusion . . .

The above essential branding tips for at-home entrepreneurs is just the tip of the iceberg. However, these tips will get your entrepreneurial journey off to the right start. Create a powerful revenue stream from home and stay in control of your professional future.

Digital Branding

5 eCommerce Marketing Mistakes to Be Aware of in 2020-2021

With all the marketing efforts and spent resources on getting an eCommerce store to sell more, you surely wouldn’t want to repeat the calamitous errors of others. In this post, we’ll introduce you to the 5 things to be on the lookout for, bring up which mistakes not to repeat, give tips, and mention what you should get your hands on for your own online store if you haven’t up to this point.

1. Optimize your product images

If you know at least something about search engine optimization, you’ve most likely heard that page load times matter. A lot.

Not only is a slowly loading page terrible in terms of SEO (hint: Google won’t rank well a backpedaling page that takes forever to open), but it also causes terrible bounce rates. Users hate wasting their time waiting for the page to load. They get angry when this happens and leave the site.

Why am I bringing this up? Images are responsible for slowing down a page in way too many cases. Thus, being a marketing specialist, do what you can to optimize your eCommerce site’s speed. Consider implementing caching tools, perhaps, turn to your developers for this one as the best-fit tools to use will differ from one eCommerce platform to another.

If you fall short of techy background, try starting with manual image compression and opting for progressive image formats (these are, for instance, WebP or JPG). 

Below is a screenshot from a product page on the official Philipp Plein eCommerce store. As you can see, the site uses pictures of “weight-friendly” JPG format in the gallery. Plus, I ran a page speed test with a free tool just for fun, and this product page (although it has 5 high-resolution images in the gallery) loads in as little as 5.2 seconds which isn’t that bad.

Product gallery image type on the Philipp Plein website  Screenshot taken on the official Philipp Plein website

2. Add user-generated content widgets from socials

Using cross-posting as leverage is a wide-used marketing strategy. So why not solve several problems with one action?

How? By hooking up user-generated posts to your eCommerce website. You’ll enhance your social presence, grow your audience, enrich social media content, make existing clients who make the posts happier, and give other shoppers some inspiration to get your products.

A great example of such a UGC widget is the “Share How You Wear It” section available on the product pages on the official Reebok website. Clients are allured to make posts on personal social media pages, posts should feature the product that they’ve bought and tag the official @reebok account. If these simple terms are met, the person gets a chance to make it to the gallery.

User-generated content widget with client social media posts on the Reebok website  Screenshot taken on the official Reebok website

3. Get the most of your customer reviews

No matter how hard you try to persuade your potential customers to buy something, the words of those who have already purchased the product are still going to be more convincing. This is why it’s vital to not overlook the reviews that your customers give. Even more so, being a marketer, you should put in some effort to encourage people to leave reviews and to react to them too.

A hint here is to enhance your order delivery confirmation emails or communication. Add a short link to the feedback form on your website’s product page and offer several percent off for the future purchase or some other sort of perk to reward the person if they take the time to write a comment on the product they’ve bought.

From a technical perspective, the feedback section itself can be as fancy as you want. A good idea is to place a review summary prior to the specific client comments, this can assist users who are browsing the item in making quicker conclusions.

To provide you with an example of proper implementation and use of client feedback, here’s how customer reviews look like on the official Maybelline New York website. We see a star rating at the top of the page, the number of reviews (43) takes the user straight to the reviews if clicked. The section has a neat summary, every reviewer’s short personal data, and comments are seen.

Product reviews as seen on the Maybelline New York website  Screenshot taken on the official Maybelline New York website

4. Start using personal product picks

General “recommended products” sections are a deal of the past. Pitching items that the person may actually like and making such product choices based on the user’s earlier shopping carts, bought, and browsed items is a whole new thing. It’s a personal approach that everyone should strive for when communicating with clients, even if it’s done via a page on the web (marketers should be aware of that). And this can substantially grow your average check sizes.

This can be reached by getting a hold of modern personal product page functionality. It’s usually artificial intelligence-based, capable of tracking user behavior, and makes bulls-eye item choices that are displayed to the user.

To show you a neat use of this feature below is the “You may also like” product pick example on the official Fendi website.

“You may also like” personalization block on the Fendi website  Screenshot taken on the official Fendi website

5. Create gift finder sections, seriously

As marketers, you must understand the importance of making it easy to sell things. Putting together various guides, collections, and finders that’ll help users make up their minds as they’re in search of what to present as a gift to someone is a fabulous move. You assist your buyers and sell more.

It is considered good practice to place such “Gift Ideas” in the top menu of the online store. Secondly, it makes sense to break down the suitable items by recipient, occasion, or budget. Thirdly, if gift ideas are gathered as category pages, having on-page filters to simplify the search is nice too.

For some inspiration of what this can be like if handled properly, take a look at how the “Gift Guide for Men” is presented on the official Adidas website. As you can see, the guide is assembled as a separate page, furthermore, users can filter the gifts by size, category, product type, color, etc.

Gift ideas section for men on the official Adidas website  Screenshot taken on the official Adidas website

Final Thoughts

To conclude the above, marketers should be on the lookout for the following five mistakes:

  1. Unoptimized images or other factors that negatively influence page load times.
  2. Missing out on user-generated content via social media.
  3. Not using customer feedback properly (which is a mighty and persuasive tool).
  4. Not having your product picks personalized (and people like individualized shopping experiences).
  5. Not having gift ideas or gift-hunting guides up on the store.

We hope that you’ve found this piece handy! If you have any more often-occurring marketing mistakes in eCommerce in mind, feel free to share them in the comments below.

 

About the Author

Alex Husar

Alex Husar, CTO at Onilab with 8+ years of experience in Magento migration and Salesforce development services. He graduated from the Czech Technical University and obtained a bachelor’s degree in Computer Software Engineering. Alex’s expertise includes both full-stack dev skills and a strong ability to provide project-critical guidance to the whole team.

 

Social media:
https://www.linkedin.com/in/alex-husar
https://twitter.com/AlexHusar1

 

 

Local Branding

How To Leverage Your Shipping Strategy To Enhance Your Brand

Branding in the current landscape goes beyond product differentiation and marketing. It is more about customer experience because it goes a long way in making your brand stand apart. People who get the best experiences are bound to be loyal to your business. They tend to stay and also bring others through word-of-mouth recommendations. So you must go the extra mile to enhance their shopping experiences.
While your products, services, and interactions go a long way, your shipping strategy can also make a difference in your brand’s loyalty. Buyers expect brands to excel in terms of shipping options and fulfillment services, so you must make conscious efforts to deliver on these fronts. Here are some ways to leverage your shipping strategy for enhancing your brand.

Be transparent

E-commerce branding is all about building trust and transparency because customers do not transact with brands physically. You need to extend transparency in shipping services along with everything else. Providing clear estimates about delivery dates and sharing the tracking information with customers makes the entire process more transparent and trustworthy. It is equally important to be available if customers have any queries and concerns about their orders. Maintaining transparency around your returns policy also matters because most online buyers would review it before buying. There shouldn’t be any hidden costs for product returns, while you must also clarify whether the customers will need to bear return shipping costs.

Match expectations around speed and cost

E-commerce customers expect fast and cost-effective delivery of products at the click of a button. Your business may have the best products and pricing, but shipping speed and costs can make all the difference to the buying decision. It is vital to ensure that the shipping options you offer match the expectations of buyers on these fronts.

According to experts at Shipping Vegas, collaborating with a reliable fulfillment provider is the key because it determines the speed and cost of delivery. It becomes all the more important for international businesses because sending across products with speed, efficiency, and affordability is a challenge.

Showcase your brand

Another measure that you can implement for empowering your brand at the shipping stage is by showcasing it with attractive product packaging. For most customers, receiving a package would be their first in-person experience with your brand, so it should be impressive enough to make your brand memorable.

Including your brand logo, colors, and imagery in the package creates a consistent and cohesive experience for the customers. Custom packaging also creates brand awareness and drives loyalty and retention in the long run. Moreover, it serves as a cost-effective branding initiative as compared to other strategies that often cost a fortune.

When it comes to achieving success in the e-commerce domain, it can be a daunting challenge right now. A business needs to excel with everything, from product quality to pricing and customer servicing and support. Additionally, a strong shipping strategy can keep a brand on top-of-mind for customers in the long run because it serves as the mainstay of the experience you deliver.

Digital BrandingPersonal Branding

What are 3 Instagram tools you need to keep up with trends?

If you use Instagram not just for sharing your images with a close circle of friends, you need more than just the app itself. Having an engaging IG page is a perfect opportunity for a business to attract new audiences and interested clients. Do you know that in 2020 Instagram hashtags work similarly to SEO keywords that help get your content exposed to more people? It takes some time to research these words, but if you know what Instagram hashtag generator to use, you can easily find the best hashtags that work for promotion. 

The point is that discovering new Instagram tools will help you better your content strategy and make the most of your online business. In this article, you will find out more about tested Hashtag finder, Instagram font generator, and Profile analyzer – keep on reading to learn why these tools are useful. 

3 tried and tested Instagram tools you need in 2020

#1 Toolzu Hashtag generator

If you try google hashtag tools, you’re gonna see many options on the web. But when you start using them, you realize that most of the tools are not convenient. 

Toolzu is a handy tool that lists over 12 million hashtags, and new ones are added regularly. This tool lets you discover hashtags by keyword or with the help of AI-algorithms. You can simply paste a link to any post or upload a picture. 

In front of a hashtag, you can see how intense the competition will be if you use it (the graph Difficulty). For example, if a hashtag is used in millions of posts, the content is saturated, and your post will be among the recently added for just a couple of minutes. That’s why it’s worth to include in your set medium and more niche-specific hashtags. 

The main upper hand of using a hashtag generator instead of the in-app search is that you can copy them instantly. The app does not allow you to do that to click on a hashtag and view the content. 

What are other benefits:

  • The option of mentioning 5 keywords per search
  • Looking for hashtags in any languages
  • Deep analytics on hashtags including top posts

If you haven’t been using hashtags because you were lazy to discover them via the app, use the effortless yet effective way – the Toolzu hashtag finder. The 7-days trial period is free of charge. 

#2 Fonts generator by Bigbangram

It is getting more and more trendy to use other than IG default fonts. Bloggers who write long captions tend to organize their texts better – with bold headlines, highlighted words. Hence, an IG copy turns into a meaningful article. It’s also helpful to add various fonts into your bio description and IG name. 

If you think that to type in a different font, you need to hack the IG app; you are mistaken. The only thing you need is a proper Instagram fonts tool, and I recommend you to check the one by Bingbangram. 

You need to insert or type any text in the Latin alphabet, and it will be immediately converted into a style you choose. The library lists dozens of fonts in various moods – classical, romantic, minimalist, gothic, etc. 

I like most of all that it is possible to preview how a style will look from a phone screen. There is a simulator, and I advise you to check it if you are looking for a fresh font for your name or bio. 

Try fancy characters for your page – the tool is forever free. 

#3 Profile analyzer by Ingramer

 

Finally, I number 3 on my list is the Analyzer of profiles by Ingramer. This tool will be helpful for those who are growing and looking for some ideas on the accounts of their competitors. Sometimes, spying on strategies of successful accounts helps to get insights. 

What info will you get:

  1. Reals stats, like the engagement rate, to see if the followers are active and the content is interactive
  2. Best-performing content that will help you to get what kind of media your audience consumes better
  3. Top hashtags that you can also try in your captions
  4. Posting schedule that you can consider when deciding what time is better to post to get more interactions

All in all, you need to collect the list of the popular accounts in your niche and paste their names into the Analyzer tool. After, you can use the data to adjust your IG posting and content strategy. 

Conclusion

Having all the mentioned above tools at your fingertips will help you expand the reach of your content, create more eye-grabbing text, and apply some of your competitors’ techniques. You may always apply different techniques to get more followers from Italy and other countries. Services like Toolzu, Ingram, and Bigbangram are widely used by influencers, digital marketers, and business people. Do you want to try them too? Hurry up – more people want to see your content. 

Digital Branding

3 Steps To Improving Your Paid Digital Marketing Campaigns

Digital marketing campaigns are always a delicate balancing act. You want to squeeze as much value out of each dollar you spend. Which is why most of us prefer to use strategies that capitalize upon methods that are more organic and produce a greater return on investment. While approaches such as email marketing can be versatile and simple, sometimes you have to go with a more direct method.  

Paid digital marketing has been known to have something of a negative reputation. However, when done correctly it can be a versatile tool. It can be used to produce swift results, support other marketing efforts, and build engagement. That said, it’s not always easy to know strategies to employ. 

Let’s take a look at a handful of good practices for your paid campaign. What tools can you use to keep your goals on track? Where should you be placing your resources? With some additional effort, you can start to see some serious improvements in your paid practices.      

1. Take Care with Your Keywords

One of the main problems companies tend to come up against during their paid marketing campaigns is ineffectual keywords. Not only can choosing the wrong words or phrases result in poor results, but you’re also going to be spending more money than you need to — especially if you’re using a pay per click (PPC) approach. Therefore, it’s important not only to choose your keywords carefully, but to review them throughout your campaign to make changes where necessary. 

Using a keyword planning tool such as Google Adwords is a good start. But you shouldn’t be relying upon it. The problem here is that your competitors are likely to also be using the same tools, so to simply pick from these lists can find you diluting their effectiveness. Such tools are usually best used as a jumping off point. They give you insights into the keywords that are popular in your niche and among your demographic. Use this data as you would any other analysis, and combine it with your own insights and expertise in the subject to find keywords and phrases that other businesses may not have yet stumbled onto.

Don’t forget that the information you gather during this paid campaign can also inform your more organic marketing later on. When you provide data on successful keywords to an expert in SEO they can use this to help formulate a strategy that improves your rankings. Think of your paid campaign not just as a standalone project, but another tool in your expanding arsenal.    

2. Use Your Socials

Your social media can be one of the most effective marketing tools you have at your disposal. This applies to both organic growth and your paid marketing campaign. There is a lot of discussion surrounding whether paid advertising on social media is effective or not. As always, you can’t expect to throw out some marketing copy on your socials and expect the boost you’re paying for to do all the leg work. Its success comes down to how you use it. 

  • Be Relevant. This is the big one. The audience you’re targeting on social media probably aren’t the same people you’re seeking to gain from other methods. Your analysis should have made that clear. Not only that, but there will also be a disparity between who you’re targeting on Facebook as opposed to who you’ll pinpoint on Instagram. These are all likely to be very different people who respond to separate ideas and approaches. Make certain that the content you present — the images, the text, the product — is relevant to the social channel you’re advertising through. 
  • Have Clear Objectives. On both Facebook and Instagram, you have the opportunity to set preferences for your paid campaign goals. This can be to reach a certain demographic, improve engagements, widen your reach, among others. In order to use these correctly, you need to be specific about what you’re hoping to achieve. The tools that these platforms provide are really useful, but you also have to be vigilant about whether you’re using the right tool to suit your overall objectives.
  • Create a Schedule. Like most marketing tools, social media is a scalpel rather than a grenade. Specify your ads to appear on the schedule that matches your demographics’ period of highest engagement. You should already be using a social media management platform for your regular posts, and the best of these also provide insights into user engagement. Use this data for your paid campaign.    

3. Go Multimedia

Paid digital advertising has something of a reputation for being boring. That, or suspicious due to it’s overly commercial approach and intentions. The thing is, everyone you are pitching to with your paid campaign will be made immediately aware that these are marketing posts. Therefore you need to give people a fresh reason to engage with your paid marketing content. 

Be varied in your approach and use a mix of media; videos, blogs, podcasts, images. Yes, you are advertising to your demographic, but you should also be using this as an opportunity to provide them with something they consider to be of value.    

Videos are one of the most versatile ways to approach this. It is most frequently at the top of lists of effective marketing tools. Create something entertaining and informative that features your product or service. Demonstrate how what you do makes a difference to your consumers, and give visual and audio cues to engage with your call to action. There is the added benefit that you can make money from YouTube videos, too. By building up enough engagement you can use this passive income to offset your paid marketing costs.      

Wrapping Up

Paid digital marketing may not have been your first choice of approach, but it can produce valuable results. By taking a few additional steps to optimize your keywords, and use the variety of digital tools at your disposal, you can make a significant impact. 

Digital Branding

When Should Your Startup Expand Into New Verticals

Growing a startup into a successful and viable long-term business is the goal of every entrepreneur. Expanding your idea from a single concept into an expansive business with multiple different revenue streams and geographic distribution is a fun and exciting challenge. Exploring new verticals is an excellent way to grow and protect your business from market fluctuations and changes; diversification is the key to success.

Finding the right time to move into a new vertical can be challenging, though. Move too soon and you risk overextending yourself, but move too late and you risk your business stalling. In the following article, we’ll provide you with some advice on how to find the best time to move your business in exciting new directions.

Expanding Vertically

Vertical expansion is the process of moving your business into a new field, with the goal of diversifying your operations, risk, and revenue streams. When executed at the right time and into the right areas, vertical expansion can take your business to a whole new level, complementing and synergising with your existing business operations.

Aaron Babb, Director of Aevum Health had this to say on the importance of expanding his business, even when he was in a comfortable situation – “New verticals relating to new markets or revenue streams are an incredibly powerful business growth technique that allows for expansion without significant additional costs. In a small to medium-sized business often your biggest issues are cashflow. Seeking out and finding new verticals allows for additional revenue once set overheads have already been established boosting business cash flow.” 

Test the Market

As most startup entrepreneurs will know, not every idea is a golden one. Some things appear great on paper, a sure-fire path to success, but once they are moved into the marketplace they fall apart. Testing your idea for vertical movement is important to not only evaluate whether it is a viable idea that the market will accept, but also if the timing is right. 

Gary Vaynerchuck, prolific social media magnate and business advisor has this to say on testing the market “If you’re worried you won’t be able to communicate your idea to the existing market, maybe your idea needs some rethinking.” 

A small market test may demonstrate that while the move is something your customers are ready for, your business isn’t in a place to make the move with the attention and focus required.

Get the Timing Right

Timing is everything when it comes to expanding your business into a new vertical. If you make the move too soon into your startups’ lifecycle then you risk derailing your core concept by spreading your resources too thin. If you make the move too late, though, you risk being too heavily integrated into the core business platform. Keep vertical expansion constantly in your plans, regularly assessing when the best time is to move forward without diverting mission-critical resources, but while you are still small and agile enough to move and adapt into a new area.

Identify the Motivators

One of the most important questions to ask yourself when considering moving your business into a new vertical is why you are doing so? Identifying the motivations behind the move will help you to thoroughly assess whether now is the best time to be making a change.

Tim Ferris, author of the 4 hour work week “The question you should be asking isn’t, “What do I want?” or “What are my goals?” but “What would excite me?”

If the motivation for exploring new business avenues is the wrong thing, then you risk the idea falling flat. Vertical expansion should be done at a time in the business when you have a solid footing in the core business vertical and have maximised your current potential. If the motivation for expanding into a new vertical is because your competitors are doing so or you are just looking for a new challenge then the timing may not be right.

 

Moving your startup into a new vertical will almost certainly be harder than it was launching the idea initially. When a business is just starting it can afford to be much more dynamic in its movements and decisions. It can also afford to make mistakes and recover from them with relative ease. Once a business has been established, pivoting into a new vertical is much more difficult as you have to carefully balance the existing business operations, staff, and customers while trying to launch something new. The cost of failure is much higher, but the benefits of success are too. Identifying the right time to make the move is critically in boosting the chances for a successful expansion.

Legal BrandingPersonal Branding

Common Mistakes Novice Entrepreneurs Make That Cost Them Big

All too often, hopeful entrepreneurs jump into the world of business, hoping to make it big. Drawn in by the idea of working in a field they’re passionate about, calling the shots, and accumulating wealth, they invest time, energy, and money into a business that fails in just a few short years (or less). Though becoming an entrepreneur comes with risks, you can avoid many pitfalls by learning from others’ mistakes. 

Ignoring Personal Finances

The main objective of starting a business is to generate profits. Be that as it may, it can take months or even years before you’re making enough sales to earn a decent salary. As such, you’ll have to rely on your personal finances to tide you over until you reach your earnings goals. Your personal finances will also be instrumental in helping you to acquire capital from lenders and investors. As such, you will need to take steps to ensure your fiscal health is up to par. This can mean increasing your savings, following the 50 30 20 rule, and/or using a monthly budget template.

Novice entrepreneurs ignore their personal finances and either run out of money or face an uphill battle to get a loan. Preventing this from happening involves several financial management practices. You need to get your debt under control and improve your credit history. From negotiating with creditors and settling accounts to removing inaccuracies from your credit report and utilizing debt consolidation services like those found on MemphisAssociates.com, there are several resources to help you improve your financial status. 

Quitting Their Jobs

You may be dreaming of the day you can march into the office and tell your boss that you quit. If you’re not prepared financially, however, this move could prove detrimental. Novice entrepreneurs leave their full-time jobs behind to make room for their new business without knowing how they’ll cover their expenses. The pressure to turn a profit becomes so overwhelming that it can have physical and emotional consequences. 

Before quitting your job, do thorough research to determine how much it costs to run your business type and cover your household expenses. Once you have this data, you should try to save at least six months’ to a year’s worth of costs to provide protection. This way, if it takes a while for your business to start making sales, you’re not strapped for cash. 

Taking On All Responsibilities

There are many tasks involved in running a successful business, from accounting and marketing to production and customer service. Novice entrepreneurs make the mistake of trying to take on all these responsibilities themselves. Though it may seem like a feasible way to lower overhead costs, it ends up costing them more. 

As each business task requires in-depth knowledge, skills, and experience, tackling things you’re not well-versed in leads to poor results. Not to mention, spreading yourself too thin can lead to emotional overwhelm and a poor work-life balance. Though it does cost to hire employees or outsource essential services, it’s the most effective way to streamline processes, improve customer service, manage assets vs debts, balance your personal and professional life, and grow your business

Using Free or Cheap Tech

No matter what type of business you own, having reliable technology is imperative to your success. Though purchasing hardware and software for your business can be costly, it’s necessary if you’re going to remain in the competition. 

Novice entrepreneurs looking to save money, however, opt for free and cheap tech solutions with limited features and capabilities that leave them behind in the race. It is best to invest in technologies using equipment, personal and business loans to ensure the most efficient products and services for your target customers. 

The life of an entrepreneur is hard enough. So, why make the journey more challenging by making mistakes that you could easily avoid? If you’re going to invest everything you have into building a brand that aligns with your passions while providing for your family, make sure you’re doing so wisely. If you don’t want to find yourself among the millions of people who started a business that failed in the first five years, take the advice above to avoid making a mistake that could cost you big. 

Digital BrandingLegal BrandingSaaS Branding

Keeping Home Improvement Clients Safe and Happy During The Pandemic

Despite the many changes resulting from the national pandemic, the home improvement industry has seen a significant business spike. As more people remain indoors, the desire to create a safe and decent environment to live in has increased. While this is great news for contractors, acquiring new clients still comes with some challenges. 

COVID-19 Fears

Though homeowners understand the importance of keeping up with maintenance and repairs, fear of contracting or spreading the coronavirus causes some hesitation. As such, local home service providers like an Orange County insulation installation contractor or a San Diego County rodent proofing company must develop strategies to put their clients’ minds at ease. Continue reading for some practical solutions. 

Get Educated

Before you can ensure your home service clients that you have their best interests in mind, you must get educated. Learn about COVID-19 in your service area. What are the rules and regulations set forth by the federal and local governments? What recommendations have been provided by the CDC? What are some health and safety practices that other home service providers are using? 

Develop Workplace Safety Procedures

After you’ve done some research on keeping clients and employees safe amid the pandemic, you should develop workplace safety procedures. Here is a look at some things you might consider adding: 

  • All contractors must wear PPE at worksites.
  • Contractors must get screened and tested regularly for COVID-19.
  • Should an employee become sick, they must go home, and quarantine, and clients notified immediately.
  • When possible, contractors should commute separately. 
  • Staff should properly sanitize work areas throughout the workday.
  • Keep onsite crew to a minimum during projects.

Once you’ve developed new workplace safety procedures, ensure that your crew fully understands what is expected of them. Then, add this information to your company website and social media pages so that potential clients can see what you’re doing to ensure everyone’s well-being. 

Offer Virtual Solutions

While in-person meetings are common during a home improvement project, this practice is risky in the middle of a pandemic. Whether you need to meet with your clients to go over the blueprints and budget or to discuss changes along the way, utilizing digital resources like video conferencing software is highly recommended. You can schedule meetings that provide an in-person vibe without putting anyone in harm’s way.

Project management software is another digital solution that can enhance productivity. Such platforms allow you to communicate with key players from subcontractors to clients, on vital project information. You can delegate tasks, share blueprints, provide a budget, manage teams, and maintain timelines in real-time. It reduces your need for in-person meetings and dramatically reduces everyone’s risk of contracting the coronavirus. 

Ask for Testimonials

Word of mouth remains one of the most effective ways to acquire new clients. The pandemic may have resulted in many people’s social distancing, but they can still spread the word about your home improvement business. Digital branding solutions like positive customer testimonials or reviews go a long way in decreasing your target audience’s fears. 

When you complete a project, ask your clients if they’d be willing to record a video or write a review on your company website. They could talk about their initial fears, how you and your crew accommodated their needs, and their satisfaction with the finished product. As interested parties inquire about your services, the positive testimonials and reviews put their minds at ease. 

If you’re a home service provider who experienced a decline in business during the pandemic, you’re not alone. Though homeowners are interested in keeping their homes safe and comfortable, the fear of the coronavirus causes them to put off much-needed services. If your business will survive these trying times, it is vital to make necessary changes that accommodate your clients’ needs while ensuring their safety. Using strategies such as those provided above, you show your target audience just how committed you are to keeping them safe, which can ultimately grow your business.

Legal Branding

How To Choose An Orange County Personal Injury Lawyer

Have you been involved in an accident that wasn’t your fault? You can easily have fallen over and hurt yourself due to an uneven slab on the sidewalk or from the water on a recently mopped floor with no sign outside.

But how do you get compensation at a time when getting to court is increasingly difficult and we’re all dealing with the implications of the pandemic?

You need to start by choosing a great Orange County personal injury lawyer to fight your case in California State. Here’s everything you need to know about how to find the best personal injury lawyer near me.

1. Do Your Research

Doing your research for a great lawyer might seem daunting but actually, it’s never been easier. Be sure to get on Google and research lawyers who specialize in your specific personal injury case.

But remember lawyers now spend hundreds and thousands of dollars on Search Engine Optimized (SEO) blogs designed to get them to the number 1 ranking on Google. They also spend money on other types of marketing as well such as a great website.

While this is great to see it’s not always good for the user as a law firm could have great content marketing skills that don’t always convert into great legal skills. Remember that Google is just one way of choosing a lawyer and that word of mouth and extensive research on reputable websites is another way.

2. Arrange a Free Consultation

A consultation is the next step after you’ve gathered a shortlist of candidates to be your lawyer.

It may seem that choosing a lawyer is a daunting prospect but during the pandemic, it’s vitally important that you are still able to have a conversation with your potential lawyers to make sure you are on the same wavelength.

Set up a video call using Skype, Zoom, or Facetime. Be sure to ask them what they can do for you and how they will approach specific situations.

Trust your gut instinct and don’t go with a lawyer who you think is going to ignore you or discard your wishes. This is how to attract the best personal injury lawyer for you.

3. No Win-No Fee vs Upfront Fee

No-win-no-fee cases sound like a great deal. If you lose you don’t have to pay any money. But beware. No personal injury lawyer worth their salt would take on a case they thought they were going to lose.

If you’re offered a no-win-no-fee it might be better to look at how much it costs to pay a lawyer upfront as this might be a lot less than the percentage the lawyer takes from your fee at the end of the case.

The costs for the court are always high but in the future, we could see them come down thanks to the rise in Artificial Intelligence (AI) and online courts which can cut costs.

Hiring an Orange County Personal Injury Lawyer? Know What You Want

If you are considering hiring an orange county personal injury lawyer then be sure to be clear about what you want and to get a lawyer who understands your vision.

Consider a no-win-no-fee scenario but don’t be bound by it as paying upfront might be a better option.

If you are interested in reading more about hiring an orange county personal injury lawyer be sure to check out the rest of our site.