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Posts Tagged ‘facebook’

Do’s and Don’ts of Running Our Business in Today’s Economy

Friday, June 19th, 2009

In my consulting and coaching work I am being asked a question that is common regardless of industry, business or position.  The question is, “how do I know what action to take in today’s environment?”

We can become immobilized by all of the options available to us- if it is at all helpful I have the following Do’s and Don’ts as a guide:

Do’s

Do -Look At Your Business or Your Leadership through the eyes of another industry to find ways to operate. If you are in retail what can you learn from manufacturing?

Do- Re-connect with your customers about what they want and need. This will help you to re-focus on what your customers truly want rather than what you think they want.

Do- Get people talking. Use the social media tools, twitter, facebook, myspace and linked in are great for creating dialogue.

Do- Reexamine your business model for processes, products, and systems that are no longer working.

Do- Constantly look for ways to add value to your customers, your company, your team and all you connect with. Focus on meaningful and heartfelt interactions.

Don’ts

Don’t-  Stagnate with status quo- sitting back is a ‘wait and see’

Don’t- Stop marketing your product or service. Communicate with your customers now more than ever.

Don’t- Assume your suppliers and vendors are doing fine. Visit in person, pick up the phone, negotiate creative ways to continue doing business.

Don’t- Lose your creativity. Focus now more than ever on new revenue streams, new ways to leverage existing client relationships,

Facebook, Twitter and YouTube Oh My!

Friday, March 20th, 2009

Yesterdays Financial Post stated that Facebook could surpass Google in terms of worldwide unique visitors to their websites by late 2011 or early 2012. Facebook is now considered to be a starting point for more users on the web. 45% of monthly users go directly to Facebook as their starting page, up from 39% a year ago. (RBC Capital Markets)

Social media is definitely taking on a whole new level of interest with the current economic reality.  Could it be that people are using their online time to reach out a little more rather than aimless googling?

Interestingly Google is now driving 64% of Facebooks unique visitors, up from 51% a year ago according to Comscore data.

Facebook and Twitter are now being used as recruiting tools as well, Martin Perelmuter of Speakers Spotlight www.speakers.ca recently hired 2 new staff directly from Facebook.  Erica Ehm of www.yummymummyclub.ca reports that she just hired 2 new staff via Twitter. When I asked her how she did it Erica said:

“I needed to hire 2 new people for my site.
A virtual administrative assistant and a Social Media Administrative Assistant
I posted tweets calling out for submissions. I used twitter becasue my biz in online and I want to find people who already are comfortable in the online virtual world. Got several responses.But there were two women who started retweeting me, chatting with me and taking the time to be involved in YummyMummyClub.ca online even before getting interviews. Their interactivity and self motivation was a big part of why I hired them.”
Social media is the new ‘real time’ connector and we haven’t even touched what Second Life can offer as possibilities. Look for that one in a future post.
Happy weekend and check out my FREE teleseminar on Monday March 30th, 2009 called “5 Ways to Thrive in Today’s Economy” you can sign up here: http://www.cherylcran.com/5waystothriveintodayseconomy.php