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Write You - Six Essential Principles for Marketing to Women Business Owners
Free Grant Money t good buys, convenient shopping, and also honesty. So in my shop, if you’re not happy with it for any reason, you bring it back.”Every year, Congress allocates billions of dollars in the form of free grant money to aid major projects that would ultimately benefit communities. Allotment for education grants alone reached an estimated $67 billion annually.Free grant money can be availed of from various government agencies. But this free grant money does not come without a price tag. This may sound ironic but free grant money is not exactly for free in the truest sense of the word. With free grant money come obligations, responsibilities and consequences. These are legally binding too because the use of free grant money entails use of public funds which must be properly accounted for. Free grant money is actually your compensation for accomplishing certain obligations. Free grant money is something you have to work for to attain. Free grant money does n Because women are so busy, offering a smaller selection of quality products and services will appeal to WBOs. They want to make the right choice without having to wade through all of the wrong ones. The way to a woman’s heart and purse strings is through trust. Build relationships through education. A consultative sales style works well for women. It’s important for them to have an equal relationship with vendors and service providers who help the WBO learn what she needs to know. If you can educate, advise and service her business without patronizing her, you'll be a star. "I've learned through life and business that preparation avoids unnecessary risks," says Krystyna Bublick, owner of Loveabye.com and Krystyna Virginia Beach Jewelry Creations in Virginia Beach, Va. "Making careful decisions raises my comfort level of success. I'm not afraid of risk, thoughtful risk. Knowledge and expert advice is critical. I know I can not be an expert in all fields, so I build in security by consulting people who are. This minimizes my financial How Much Do You Pay Your Employer To Work For Them? Marketing to women entrepreneurs is not difficult. You just have to follow six easy, but essential, principles.Do you have any idea how much time and money you are spending on your employer? Most people I have run into have absolutely no idea what it costs them to go to work everyday for someone else. Below, I will illustrate what the typical employee spends on their employer each yearFor this article, we have to make certain assumptions on which we can base our calculations. You can adjust these assumptions to fit your situation and come up with your own calculations. I created a little Excel spreadsheet to make the calculations, but you can do it by hand too.Here are the assumptions:Your salary = $40,000 per year (hourly that is about $20.00)You work 40 hours/weekYou have 2 weeks of vacation per yearYou work 5 days per weekIt takes you ½ hour to drive to and from workIt take As of 2004, there are an estimated 10.6 million privately-held firms in the U.S. that are 50% or more women-owned, accounting for nearly half (48%) of all privately-held firms. These firms generate 2.46 trillion in sales and employ 19.1 million people nationwide according to the April 2004 biennial update on women-owned businesses by the Center for Women’s Business Research. The report was based on U.S. Census Bureau data. I’m sure it comes as no surprise to you to learn that selling goods and products to women (especially women business owners) is different than selling to men. If you’d like to do business with this huge segment of the business world, what do you need to know? In my business as a marketing consultant for women entrepreneurs, I've discovered six easy, but essential, principles for doing business with women business owners. They are: - Start small. - Look at the big picture. - Sweat the small stuff. - Less is more, as long as it’s quality. - Build relationships through education. - Stay visible and involved. Now let's look at these principles a little more closely. Start small. Women business owners (WBOs) tend to be very cautious. They make very careful decisions that are well-thought-out. Because of this, WBOs will generally purchase something small or hire a consultant to complete one project before committing to an ongoing relationship and a huge investment. Although this isn’t always cost-effective, it gives them the opportunity to try the product or service before they invest significant dollars. Sally Falkow, branding strategist with Falkow, Inc. in Pasadena, Calif., agrees. “Women business owners have a tendency to 'stick their toes in the water.' Many of the women business owners I deal with are eager to learn about how the Internet can expand their business. But they do it on a gradient. This way they can cope with the new technologies and get one aspect under their belt at a time." Look at the big picture. Studies show that women-owned businesses have a better success rate than those owned by men. Their businesses generally grow slowly and steadily, and they don’t spend money carelessly. For instance, when Jo DeMars, president of DeMars & Associates, Ltd., a dispute resolution firm in Waukesha, Wis., began her business, she borrowed office space, purchased used furniture, and only spent money if she absolutely had to do so. She always paid her bills on time and was very careful about who she hired. “When I got client work, I wouldn’t hire for the position until I had the contract signed,” says DeMars. She now has 27 employees and contracts with Ford Motor Company and Daimler Chrysler in Calif., among others. Looking at the big picture helped her stay on track. Sweat the small stuff. If you get the little stuff right, women will be less concerned about the big stuff. That’s because women are into details. They want to know everything about a product or service before they buy it—-not only how it works and what it costs, but also what kind of support can be expected and how long it will last. Gathering information is an ongoing process for women. How are you dressed? Did you shine your shoes? Were you genuine and honest? Have you done what you said you would do? Do you send professional follow-up notes? Does your office run smooth as silk? All this makes a difference for women. “As a woman business owner, I not only look for this in my vendors, but at Rowena’s we only hire people who are detail minded. In a retail and wholesale foods business like ours, focusing on details is absolutely essential,” says Rowena Fullinwider, president of Rowena’s, a gourmet cake and foods company in Norfolk, Va. Less is more, as long as it’s quality. Women business owners often have an overflowing plate. They usually work many long hours building their businesses, while also taking care of children, a husband, parents and pets; volunteering for charities; and managing the family’s social calendar. So they don’t have time to spend lots of time researching and analyzing everything they buy. As a business owner who sells mostly to women, Sandra Weaver of Fragrant Expressions at Dayton Farmer’s Market in Dayton, Va., agrees wholeheartedly with this idea. “This is true not just for women business owners but for all women. I have spent a lot of time researching what women need so I can help them feel they can give themselves permission to nurture and express themselves in healthy and appropriate ways,” she says. “Women don’t have a lot of time to shop. They want good buys, convenient shopping, and also honesty. So in my shop, if you’re not happy with it for any reason, you bring it back.” Because women are so busy, offering a smaller selection of quality products and services will appeal to WBOs. They want to make the right choice without having to wade through all of the wrong ones. The way to a woman’s heart and purse strings is through trust. Build relationships through education. A consultative sales style works well for women. It’s important for them to have an equal relationship with vendors and service providers who help the WBO learn what she needs to know. If you can educate, advise and service her business without patronizing her, you'll be a star. "I've learned through life and business that preparation avoids unnecessary risks," says Krystyna Bublick, owner of Loveabye.com and Krystyna Virginia Beach Jewelry Creations in Virginia Beach, Va. "Making careful decisions raises my comfort level of success. I'm not afraid of risk, thoughtful risk. Knowledge and expert advice is critical. I know I can not be an expert in all fields, so I build in security by consulting people who are. This minimizes my financial How to Differentiate Your Business olved.The Power of Business Positioning!Rules of Business Positioning1. Differentiation is a business imperative today, not only in terms of a company’s success, but also for its continuing survival.2. Truly understanding how and why you and your business are better than the competitions’ is essential to true business success.3. Succinctly and effectively communicating your value proposition to customers and substantiating your claims will drive your business.The Power of PositioningThe often-used phrases such as “…saving time and money…” are no longer enough to attract a potential buyer. Today’s effective salesperson must offer compelling claims and proof to substantiate them.* * *Differentiation in the context of business is what a company can hang its hat on that no other business ca Now let's look at these principles a little more closely. Start small. Women business owners (WBOs) tend to be very cautious. They make very careful decisions that are well-thought-out. Because of this, WBOs will generally purchase something small or hire a consultant to complete one project before committing to an ongoing relationship and a huge investment. Although this isn’t always cost-effective, it gives them the opportunity to try the product or service before they invest significant dollars. Sally Falkow, branding strategist with Falkow, Inc. in Pasadena, Calif., agrees. “Women business owners have a tendency to 'stick their toes in the water.' Many of the women business owners I deal with are eager to learn about how the Internet can expand their business. But they do it on a gradient. This way they can cope with the new technologies and get one aspect under their belt at a time." Look at the big picture. Studies show that women-owned businesses have a better success rate than those owned by men. Their businesses generally grow slowly and steadily, and they don’t spend money carelessly. For instance, when Jo DeMars, president of DeMars & Associates, Ltd., a dispute resolution firm in Waukesha, Wis., began her business, she borrowed office space, purchased used furniture, and only spent money if she absolutely had to do so. She always paid her bills on time and was very careful about who she hired. “When I got client work, I wouldn’t hire for the position until I had the contract signed,” says DeMars. She now has 27 employees and contracts with Ford Motor Company and Daimler Chrysler in Calif., among others. Looking at the big picture helped her stay on track. Sweat the small stuff. If you get the little stuff right, women will be less concerned about the big stuff. That’s because women are into details. They want to know everything about a product or service before they buy it—-not only how it works and what it costs, but also what kind of support can be expected and how long it will last. Gathering information is an ongoing process for women. How are you dressed? Did you shine your shoes? Were you genuine and honest? Have you done what you said you would do? Do you send professional follow-up notes? Does your office run smooth as silk? All this makes a difference for women. “As a woman business owner, I not only look for this in my vendors, but at Rowena’s we only hire people who are detail minded. In a retail and wholesale foods business like ours, focusing on details is absolutely essential,” says Rowena Fullinwider, president of Rowena’s, a gourmet cake and foods company in Norfolk, Va. Less is more, as long as it’s quality. Women business owners often have an overflowing plate. They usually work many long hours building their businesses, while also taking care of children, a husband, parents and pets; volunteering for charities; and managing the family’s social calendar. So they don’t have time to spend lots of time researching and analyzing everything they buy. As a business owner who sells mostly to women, Sandra Weaver of Fragrant Expressions at Dayton Farmer’s Market in Dayton, Va., agrees wholeheartedly with this idea. “This is true not just for women business owners but for all women. I have spent a lot of time researching what women need so I can help them feel they can give themselves permission to nurture and express themselves in healthy and appropriate ways,” she says. “Women don’t have a lot of time to shop. They want good buys, convenient shopping, and also honesty. So in my shop, if you’re not happy with it for any reason, you bring it back.” Because women are so busy, offering a smaller selection of quality products and services will appeal to WBOs. They want to make the right choice without having to wade through all of the wrong ones. The way to a woman’s heart and purse strings is through trust. Build relationships through education. A consultative sales style works well for women. It’s important for them to have an equal relationship with vendors and service providers who help the WBO learn what she needs to know. If you can educate, advise and service her business without patronizing her, you'll be a star. "I've learned through life and business that preparation avoids unnecessary risks," says Krystyna Bublick, owner of Loveabye.com and Krystyna Virginia Beach Jewelry Creations in Virginia Beach, Va. "Making careful decisions raises my comfort level of success. I'm not afraid of risk, thoughtful risk. Knowledge and expert advice is critical. I know I can not be an expert in all fields, so I build in security by consulting people who are. This minimizes my financial Goodbye Yellow Brick Road? t of DeMars & Associates, Ltd., a dispute resolution firm in Waukesha, Wis., began her business, she borrowed office space, purchased used furniture, and only spent money if she absolutely had to do so. She always paid her bills on time and was very careful about who she hired.If you remember the sonic boom of the early “faster-than-the-speed-of-sound” flights, then you may not be taken totally off-guard by the boom created across America during the “faster-than-you-can-say-hippie” employee shortages and knowledge loss expected to occur during the exodus of the baby boomers from the workforce. The start of what may be the largest demographic change to hit the American workforce began last year.The first of the Baby Boomer generation turned 60 years old, and every seven seconds for the next eighteen years another baby boomer will turn 60. With approximately 83 million workers set to retire in the next decade, many employment experts warn that there may not be enough younger American workers to replace those who will retire and that even the massive productivity gains made in the “When I got client work, I wouldn’t hire for the position until I had the contract signed,” says DeMars. She now has 27 employees and contracts with Ford Motor Company and Daimler Chrysler in Calif., among others. Looking at the big picture helped her stay on track. Sweat the small stuff. If you get the little stuff right, women will be less concerned about the big stuff. That’s because women are into details. They want to know everything about a product or service before they buy it—-not only how it works and what it costs, but also what kind of support can be expected and how long it will last. Gathering information is an ongoing process for women. How are you dressed? Did you shine your shoes? Were you genuine and honest? Have you done what you said you would do? Do you send professional follow-up notes? Does your office run smooth as silk? All this makes a difference for women. “As a woman business owner, I not only look for this in my vendors, but at Rowena’s we only hire people who are detail minded. In a retail and wholesale foods business like ours, focusing on details is absolutely essential,” says Rowena Fullinwider, president of Rowena’s, a gourmet cake and foods company in Norfolk, Va. Less is more, as long as it’s quality. Women business owners often have an overflowing plate. They usually work many long hours building their businesses, while also taking care of children, a husband, parents and pets; volunteering for charities; and managing the family’s social calendar. So they don’t have time to spend lots of time researching and analyzing everything they buy. As a business owner who sells mostly to women, Sandra Weaver of Fragrant Expressions at Dayton Farmer’s Market in Dayton, Va., agrees wholeheartedly with this idea. “This is true not just for women business owners but for all women. I have spent a lot of time researching what women need so I can help them feel they can give themselves permission to nurture and express themselves in healthy and appropriate ways,” she says. “Women don’t have a lot of time to shop. They want good buys, convenient shopping, and also honesty. So in my shop, if you’re not happy with it for any reason, you bring it back.” Because women are so busy, offering a smaller selection of quality products and services will appeal to WBOs. They want to make the right choice without having to wade through all of the wrong ones. The way to a woman’s heart and purse strings is through trust. Build relationships through education. A consultative sales style works well for women. It’s important for them to have an equal relationship with vendors and service providers who help the WBO learn what she needs to know. If you can educate, advise and service her business without patronizing her, you'll be a star. "I've learned through life and business that preparation avoids unnecessary risks," says Krystyna Bublick, owner of Loveabye.com and Krystyna Virginia Beach Jewelry Creations in Virginia Beach, Va. "Making careful decisions raises my comfort level of success. I'm not afraid of risk, thoughtful risk. Knowledge and expert advice is critical. I know I can not be an expert in all fields, so I build in security by consulting people who are. This minimizes my financial Cleaning Business Opportunities p>If you are looking for a business venture to get into, then a cleaning business opportunity could be right up your street. In today’s busy world more and more people are turning to hiring house cleaners to take care of their homes. The cleaning business provides several options and opportunities to start and run a successful full or part time business, big or small.People want and need all types of cleaning, from regular full general house cleaners to laundry specialists, carpet and upholstery and janitorial services.The cleaning business is one business which provides a vast array of opportunities to get your foot into the door of the business world.Good general house cleaners are always in demand, with more people following careers rather than staying home, reliable, professional cleaners are worth their weight i “As a woman business owner, I not only look for this in my vendors, but at Rowena’s we only hire people who are detail minded. In a retail and wholesale foods business like ours, focusing on details is absolutely essential,” says Rowena Fullinwider, president of Rowena’s, a gourmet cake and foods company in Norfolk, Va. Less is more, as long as it’s quality. Women business owners often have an overflowing plate. They usually work many long hours building their businesses, while also taking care of children, a husband, parents and pets; volunteering for charities; and managing the family’s social calendar. So they don’t have time to spend lots of time researching and analyzing everything they buy. As a business owner who sells mostly to women, Sandra Weaver of Fragrant Expressions at Dayton Farmer’s Market in Dayton, Va., agrees wholeheartedly with this idea. “This is true not just for women business owners but for all women. I have spent a lot of time researching what women need so I can help them feel they can give themselves permission to nurture and express themselves in healthy and appropriate ways,” she says. “Women don’t have a lot of time to shop. They want good buys, convenient shopping, and also honesty. So in my shop, if you’re not happy with it for any reason, you bring it back.” Because women are so busy, offering a smaller selection of quality products and services will appeal to WBOs. They want to make the right choice without having to wade through all of the wrong ones. The way to a woman’s heart and purse strings is through trust. Build relationships through education. A consultative sales style works well for women. It’s important for them to have an equal relationship with vendors and service providers who help the WBO learn what she needs to know. If you can educate, advise and service her business without patronizing her, you'll be a star. "I've learned through life and business that preparation avoids unnecessary risks," says Krystyna Bublick, owner of Loveabye.com and Krystyna Virginia Beach Jewelry Creations in Virginia Beach, Va. "Making careful decisions raises my comfort level of success. I'm not afraid of risk, thoughtful risk. Knowledge and expert advice is critical. I know I can not be an expert in all fields, so I build in security by consulting people who are. This minimizes my financial The Page Rank 10 Experiment – Can It Live Up To Its Name? t good buys, convenient shopping, and also honesty. So in my shop, if you’re not happy with it for any reason, you bring it back.”This is an update to the original article about the Page Rank 10 Experiment where the page rank 10 web site tries to achieve a Google page rank of 10 within 2 years. The participating site that refers the most traffic to the page rank 10 site gets to keep the page rank 10 site at the end of the contest if it achieves the page rank level of 10.The Page Rank 10 Experiment is continuing to grow, but is it meeting with any success? Ultimately, it seems only logical that the success of this project can be measured but only in one way, the page rank that it actually achieves.The site started on April 20th, 2006 and as of today, January 20, 2007, it is currently showing 2540 back links in Google. New sites continue to sign up as participants in this experiment on a regular basis.One can only wonder what will be the ult Because women are so busy, offering a smaller selection of quality products and services will appeal to WBOs. They want to make the right choice without having to wade through all of the wrong ones. The way to a woman’s heart and purse strings is through trust. Build relationships through education. A consultative sales style works well for women. It’s important for them to have an equal relationship with vendors and service providers who help the WBO learn what she needs to know. If you can educate, advise and service her business without patronizing her, you'll be a star. "I've learned through life and business that preparation avoids unnecessary risks," says Krystyna Bublick, owner of Loveabye.com and Krystyna Virginia Beach Jewelry Creations in Virginia Beach, Va. "Making careful decisions raises my comfort level of success. I'm not afraid of risk, thoughtful risk. Knowledge and expert advice is critical. I know I can not be an expert in all fields, so I build in security by consulting people who are. This minimizes my financial outlay in the long run." Stay visible and involved. Women are loyal creatures. Once you are successful at selling to a woman business owner, you are very likely to keep selling to her for years to come. Of course, this means it often takes a long time to make your first sale. She will need to know that you are always there, but not always there to sell. So get involved with business organizations to which she belongs, like the Chamber of Commerce, National Association of Women Business Owners, BNI, and the Working Women’s Forum or your local women’s group. Be an active member and prove that you do what you say you will do. She’ll begin to trust you and look to you for her buying needs. And once you win her over, you can keep putting those checks in the bank.
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