News

Marketing now crucial for SMEs says #1 Bestselling Business Author

With the pandemic under control in many countries and restrictions on businesses easing, now is the time for SMEs to become marketing savvy- whether they are continuing to operate in their local area only or looking to expand and export.

“A shortfall in sales, laid squarely and often fairly at the door of the pandemic, cannot be made up in the blink of an eye when a business returns to pick up the pieces”, Says Dee Blick FCIM, an international bestselling author and regular contributor to the Export Hub.

“If a business was slow to embrace marketing before, now they must. If they were marketing aficionados before now is the time to switch up. Marketing has never been more important to accelerate brand recognition and build loyalty. Customers must reconnect and for this to happen it will take more than a hastily assembled flyer or a raft of impersonal emails. Businesses aiming to move beyond survival mode are recognising that every prospect and customer touch point from adverts and blog posts to website, e-blasts and their offers must be authentic, compelling, and relevant. And their messages must reflect any changes in their customers’ buying habits and behaviours not to mention any changes they’ve had to make because of the pandemic not to mention Brexit. Messages must be well thought out and carefully managed. For this to happen marketing must take centre stage and its importance recognised from the top down.”

You are considering exporting but firstly, are you guilty of SUS – Serious Underselling?

What I love about small businesses is their passion and energy. They’ll chat animatedly about their business and their plans. But for too many small business owners their passion and their commitment to delivering fantastic customer service does not make it through to their marketing. They slide into serious underselling without even realising it. So, before you embark on your export plans in earnest, I want you to stop and take notice of what I am sharing here. Because if you are guilty of serious underselling the likelihood is that you will bring this flaw into exporting. The net result is that you are unlikely to succeed. You might just get away with serious underselling in the UK because you have a swell of customers who know, like and trust you and recommend you, but when you are entering a new country with no back story, you are to a large extent, starting from scratch. So, you can’t afford to either consciously (or sub consciously) put marketing on the back burner.

Here are the tell-tale signs of a business guilty of serious underselling:

  1. Their company website is impersonal. The text is lifeless. In fact, if you remove the company name from the pages, you’d be hard pushed to differentiate their content from a competitor’s.
  2. Despite continually improving their services, and lavishing care and attention on their customers, there’s no hint of this in any of their sales communications. You can search high and low for the benefits and ‘reasons why you can trust us…’ but you won’t find them.
  3. Customers are serviced to the hilt and very happy too. But they’re often in the dark about the other products or services the company offers simply because they haven’t been told.
  4. Any adverts that promote the business comprise of little more than a shopping list of services. Or chunks of text are taken from a brochure with a few images added for good measure.
  5. The business has won awards and accreditations, but you’ll not find a trace of these anywhere. Their growing expertise and their hard-earned success are a well-kept secret!

 Here’s how you can cure yourself of serious underselling

This is what customers are looking for from you…

  • Reliability – they want to count on you to deliver a high standard of customer service consistently. They want reassuring you won’t pass them around.
  • Credibility – they want to be sure you are trustworthy. If you say you’ll call back and update them, you will even when you don’t have the full answer
  • Patient and painstaking – they want to be confident you’ll always make the effort to thoroughly understand their needs. You won’t palm them off!
  • Responsiveness – they expect you to be swift to respond to questions, requests, and complaints.
  • Competence – they want to be sure that you have a high level of skill, knowledge, and qualification to offer your products and services to the highest standards.
  • Politeness – they want to be treated in a courteous, welcoming manner
  • Value – they don’t expect you to be the cheapest nor should you be, but they look for good value.

It’s time to take a benefit stock take of your business – simply writing down all the benefits you offer using the pointers above and those below to guide you.

Skills, qualifications, experience

Price strategy

Pro customer service culture and training in your business

Extras you deliver at little or no charge

Your availability and your speed of response

Your adaptability – how you flex and change to meet customers’ needs

What this all adds up to for customers – the experience they get.

Now use this content to inspire all your communications – website, leaflets, email promotions, reminders to live and lapsed customers, webinars, pod casts and how you communicate on the phone – basically everything! Every time a customer, a prospect or a lapsed customer connects with your business, the magic must happen. It is not enough to claim that when you speak to a person you give it your all. This must happen everywhere.

Then, when you are ready to export, you have a proven marketing communications’ toolkit that can be adapted to mould to the country you are exporting to and the buying culture; one that you know works. Because customers are the same the world over. We might have to tailor and adapt but the fundamentals remain the same.

 

Atradius publishes new economic report on Argentina: 100 days and counting

Trade credit insurer Atradiushas published a new, economic review of Argentina.

The report, entitled Argentina: clock is ticking 100 days after elections, is a useful information tool for any business trading within the country, providing insight into political and economic developments. Publication marks the 100-day milestone of centre-left Peronist Alberto Fernández’s election victory in October, and the subsequent the formation of a new government.

(more…)

The Top 5 Exporting Countries in The World

South Korea – a country rich in entrepreneurs with a significant investment in technology and machinery which has contributed to it becoming the 4th largest economy in Asia with 50% of their GDP comprising exports. Their top five exports are…

(more…)

All aboard for TCI SMEs!

The year 2019 has been special if you’re in the business of Trade Credit Insurance. That’s because 2019 marked the 100th anniversary of Trade Credit…

(more…)

The White Label World Expo UK 27th & 28th November 2019 – ExCel London

The White Label World Expo is the largest event in the UK for professional online sellers to meet white label goods suppliers. Taking place on the 27th & 28th November at ExCel, London, there will be more than 5000 visitors, ready to steal a march on their competition and 300 exhibitors, with new products and their latest innovations. (more…)

Going Global Live is the number one show in Europe for businesses that are looking to expand internationally

Going Global Live is the number one show in Europe for businesses that are looking to expand internationally, export products or set up overseas operations.
(more…)

Biggest Trade Credit challenges identified for 2019 by NCI Brokers, ICBA Broker member Australia

NCI Brokers recently conducted their client survey asking CFOs and Credit Managers to relay their biggest challenges ahead. (more…)

Book your free tickets now to Europe’s Leading Event For Taking Your Business Overseas.

Going Global Live is the number one show in Europe for businesses that are looking to expand internationally, export products or set up overseas operations. (more…)

Confidence in the ability of SMEs willing to export has increased in 2018 to 5%. It was 3% in 2017

Confidence in the ability of SMEs willing to export has increased in 2018 to 5%. It was 3% in 2017. Over 400,000 businesses in the UK are ripe for export and could export (more…)

A financial support package for SMEs has been announced by Secretary of State

A financial support package for SMEs has been announced by Secretary of State for International Trade, Dr Liam Fox. (more…)

British Franchise Association and NatWest Report on International Dimension of Franchising

According to their latest report (2018 Franchise Landscape BFA and NatWest) “One in three UK franchisors also have international operations. A third of franchisors award the master licences or control  the franchising of units outside the UK in addition to their  UK operations. (more…)

It’s Official UK Businesses Are Booming

“Start-ups raised more money in equity investment last year than ever before, new research shows, as foreign investment cash flooded into the country. Data from the research firm Beauhurst, which specialises in tracking growth businesses, shows UK start-ups picked up £8.27bn worth of funding during 2017, more than twice as much as in 2016. (more…)

Forbes magazine describes UK as “The best place in the world to do business”

Two years in a row, Forbes has bestowed this accolade on the UK. (more…)

Norway backs a post Brexit Britain

The CEO of Norwegian’s £753 billion sovereign wealth fund has confirmed that not only will it boost its UK holdings; (more…)

UK Manufacturing Scores high on PMI Index

IHS/Markit has published its monthly Purchasing Managers’ Index (PMI) for manufacturing. This is a measure of business activity which leads official government statistics on the economy. The survey takes data on economic activity straight from businesses, (more…)

You can email us at helpme@theexporthub.com or call us on +44 (0)1279 437 662 or fill out the contact form.

Latest News

Close Bitnami banner
Bitnami