Chicken Soup for the Entrepreneur's Soul by Jack Canfield, Victor Hansen, Dhlynn McKowen, John & Elizabeth Gardner, Tom Hill, and Kyle Wilson Chicken Soup for the Entrepreneur's Soul is a compilation of short stories from entrepreneurs - both large and small - who share their experiences of success, failure, and courage. This is a fun, light-hearted, enjoyable read. A great book to take in your bag on the road to read when you are in a waiting room, or waiting for the kids to get out of school, or at the soccer game. 59 stories from all types of entrepreneurs from Doris Christoper of Pampered Chef that has over 70,000 consultants, to Sandra Yancey Founder of ewomennetwork.com that has over 200,000 hits daily, to Shelly Hartmann of True Blue Farms in Michigan a blueberry farm that packages over 4.5 million pounds of blueberries, to Judie Missett the founder of Jazzercise that has over 20,000 classes a week. It is an easy and inspiring read.
From Mind to Marketplace by Jayne Seagrave Got an invention or an idea for a product? This book tells the story of how Canadian inventor, Andrew Dewberry and his wife, Jayne Seagrave took his inventions and ideas and turned them into products sold in the marketplace today. In 1996 Andrew invented the Caulk Rite tool, a small plastic device that applies caulk neatly to bathrooms and kitchens. The book gives their first hand account from idea to production to their first sale to getting into major retailers. It's an awesome perspective of their journey, including struggles, mistakes, and frustrations. Each chapter ends with a summary of advice on that step of the process. You can see their products at www.vancouvertool.com.
The Get Started Guide to E-Commerce by Danielle Zilliox This is a good "Where do I begin?" "I am thinking about starting an online store" book. This book is great for the beginner who does not have much web or e-commerce knowledge. I don't necessarily agree with all of her recommendations, however, it is a good book to create a starting point for outlining what you would like your site to offer, using professionals to build your web-site, what e-mail marketing is all about, the basic components of setting up an e-commerce store. You should test your web-site and all if its links on various computers and have your family and friends test it and give their feedback before announcing it to the big wide world. You should make sure to at least submit your site to the top 10 to 15 search engines. She recommends using search engine submit companies that submit your web-site to search engines for you. It is a basic overview book. You will need to read other books to actually execute a live e-commerce site where you will be selling items.
The Girl's Guide to Starting Your Own Business by Caitlin Friedman & Kimberly Yorio If you are thinking about leaving the corporate world behind to start your own business, this is a good book to start this thought process. There is a vast amount of information to wade through when you are thinking of starting a business. Some of the chapters include: What Business is Right for You?, Writing your Business Plan, Getting Your Name and Product Out There, and much more. The Girl's Guide to Starting Your Own Business is for anyone who has a great business concept and it toying with the idea of going out on her own and prefers to be her own boss. This book is for anyone who needs to know where to start. It gets you thinking about many aspects of running a business that you may not have thought of yet. Pick up this book and have a notebook nearby for notes and inspiring thoughts.
Low-Budget Online Marketing for Small Business by Holly Berkley This is 130-page book that just printed it's 2nd edition. I don't agree with everything written in the book, such as I think there are many, many steps to take before paying for placement on search engines. However, this is a quick good read with many helpful suggestions and current relevant information.
What are your primary goals in having a web-site? Sell products online? Drive customers to your retail store to buy products? Do you want them to call you and book an appointment for your service? Determine exactly what action you want your customers to take when they visit your web-site and make sure every page encourages them to take that action.
One of the best ways to drive customers to your web-site is through the wise use and purchase of keywords. Research needs to be done to determine what words your target market of customers use on search engines to find your type of product or service? This is one of the most important steps to take while developing your site and marketing your site.
Creating a web-site of truly valuable content not only gives your site credibility, but also positions your company as an industry expert in your customer's eyes. Think of your home page as being like a magazine cover. You wouldn't subscribe to a magazine that had the same photo and copy on the cover every month, would you ? Update your home page at least monthly, while keeping the core design elements and structure the same as to not confuse your customers.
Get your content, web-site, and ads on other sites. The low-budget way to do this by swapping with other sites. Make sure that the sites that you set up site arrangements with are ones that your respect and have content that you and of which your company can agree. Remember, who you exchange links, content, and ads with reflects directly on your company.
According to a Yankee Group Survey, 72 percent o f the US population is on-line. Of that group, 93 percent regularly check e-mail from home and 85 percent check e-mail from work. Of these users, they would rather receive marketing messages via e-mail versus a phone call or the mail. E-Mail marketing is here to stay and something every company should use. Generating a quality e-mail list takes some time, but in the end, you'll have a captive audience that is truly interested in your product. If you have a storefront, this is the most ideal place to collect e-mail addresses. Just make a nice form on your computer that tells people what information you want and at the top and type "Join our E-Mail List for Exclusive Monthly Offers and Specials". Some companies hand out a coupon on the spot for anyone that signs up on their e-mail list. Personally, I know of several businesses, big and small alike, that just ask for the e-mail address and get it without any offers. However, they have always promptly followed up with a thank you e-mail that did include a coupon or special offer once I was entered into their system.
The Power of Exhibit Marketing by Barry Siskind "According to Trade Show Weekly, there are more than 10,000 annual shows in North America." This is big business and this book goes over the main topics: Before the Show, At the Show, After the Show."Exhibitors who set measurable and quantifiable goals are more successful than those who do not." How do you choose which Trade Shows to exhibit at ? You need to visit those Trade Shows before committing thousands of dollars. You need to visit for hours and hours at a time. You need to walk around and see what kind of transactions are happening, are they happening, is this one of those shows where visitors are just running around collecting information and samples with no orders being written? Talk to exhibitors when they are not busy, especially as they are packing up the last day - this is when I have gotten the best and most valuable information. Also, take out the Trade Show map while you are walking around and put a big X on the spots that are bad - a pole in front of them, a low traffic area, e
Out of all the attendees, how many are your target market and what is your expectation to appeal to them. If there 10,000 attendees at an Apparel Trade Show and you have products for children's apparel and only 2000 of the attendees own children related businesses - that changes the show and planning for you. If you appeal to 10% of those 2000 attendees thats 200 stores. How many of those 200 that are interested will actually write an order at the show ? Industry standards say only 20% of those that stop in your booth will result in actual sales. So, that is 40 orders you could expect to write. So, if you write 40 orders with an average of $1000 then that means this show would generate $40,000 in sales. This is a good starting place to calculate your goals, materials needs, and staffing needs.
Don't give out any materials unless you have collected their business card with all of their information. You can't count on people to follow up with you after a show where they saw 1000 competing exhibitors. You can count on the fact that YOU will follow up with them. Quickly write pertinent information on the back of their cards such as "Moms Rock shirts" - to remind you what products the buyer showed interest in - you are not going to remember all the details of hundreds or thousands of contacts. "If you collected a thousand leads at a show and didn't follow up on them, what use would that be?" Also, if you are repeating an event the next year, send out a reminder postcard with your booth location to all of your contacts one month before the show and two weeks before the show.
This book goes into detail about Trade Shows like no other I have read. It talks about what type of materials you should have to hand out, how many people should be in your booth, that your staff should never sit or eat in the booth, engaging visitors, what opening questions to ask, how set up your booth and displays, how to qualify visitors, how to break away from a non-buying time consumer, post show evaluation and cost analysis. This is a must read for any business even thinking of being an exhibitor at an industry Trade Show.
On Target by Laura Rowley How the world's hottest retailer hit a bull's-eye. If you have ever shopped at Target you probably felt the same way, great merchandise, nice environment, quality products with great design. This book tells of the Target Evolution and Revolution. I loved at the end of each chapter the "Check Out" summary of the principles taught in that chapter. It tells how they remained true to their family focus even when it cost them over a million dollars in sales when they pulled the girlie mags from their shelves. It tells how their philanthropic efforts give back millions directly to their local surrounding communities. It teaches how to take a risk and be first at something and to create your own image and not listen to what is conventionally correct for your segment of the market. They have connected with American culture and their buyers are envied world-wide. Target brings the quality and design at affordable prices.
Search Engine Marketing, Inc. by Mike Moran and Bill Hunt This is the best book I have read in the past year by far ! This is a serious compliment since I read 5-10 books a week. I could not put this one down. These guys really really know their stuff. This is THE most comprehensive book about Search Engine Marketing that has been published to date. I have checked out every book under the sun from the library about web-sites, promoting web-sites, and search engine marketing. This one Rocks ! You could teach a whole semester university class based upon this book. They not only tell you the basics, they tell you the who, whats, and whys. They give you a step-by-step approach to executing a plan on how to increase traffic to your web-site.
Chapter titles include: Why Search Marketing is Important and Difficult, How Search Engines Work, How Search Marketing Works, How Searches Work, Identify Your Web Site's Goals, Measure Your Web Site's Success, Measure Your Search Marketing Success, Define Your Search Marketing Strategy, Sell Your Search Marketing Proposal, Get Your Site Indexed, Choose Your Target Keywords, Optimize Your Content, Attract Links to your Site, Optimize Your Paid Search Program, and Make Search Marketing Operational.
As you read through the above chapter titles you may not even know what it means to "get your site indexed" or "choose your target keywords"... you may be saying "what is that?" and "why is this important to my web-site?". No worries. Mike and Bill explain what these mysterious things are and then give real live examples of these things and then give you instructions on how to apply them to your web-site. If you own a web-site or manage an e-commerce department, this is your must have book of the year ! This should be required reading of any business owners or staff that deals with a web-site in any way for a company.
Sign Me Up ! by Matt Bluberg & Michael Mayor - A Marketer's Guide to Creating E-Mail Newsletters that Build Relationships and Boost Sales - This is a completely comprehensive and detailed book that is a must read for anyone that is thinking about starting a regular e-mail campaign or already has one in the works and wants to know how to do it right and get great results. These authors really know what they are talking about and will take you from A-Z on the whole process.
Some of the chapters in this book include: Creating E-Mails That People Want to Read, Writing and Managing an E-Mail Newsletter Program, Designing and Formatting E-Mails for Maximum Performance, Building a Large and Responsive E-Mail List, Keeping Your List Clean and Well Maintained, Making Sure Your Messages Make It into the Inbox.
The authors' goal for this books are for you to: Develop a Winning Strategy, Build your Brand, Grow your Business, Connect with Customers and Prospects, Build a Large and Responsive Subscriber Base, and Optimize your e-mail newsletter program using simple yet effective techniques to track results, analyze metrics and monitor deliverability.
The most important starting point is making sure that content is relevant. Know who your audience is and give them information they want and this useful to them and their lifestyles. If you don't know who your audience is, you won't be able to create relevant content. Also, focus on recognition. If your e-mail isn't recognized in an instant, it will be deleted. If you are Hewlett Packard Printers, don't send an e-mail (as they did) saying "A great offer from HP"... HP? Who is that ? Make sure that your "from line" indicates clearly who sent the message.
Building a great list of your target audience is equally important. Obtain e-mail addresses through your web-site, your retail store, conferences, trade-shows, marketing events, forward to a friend e-mails, and cross promotion opportunities with other businesses.
You absolutely need to utilize an e-mail service to manage your e-mail campaign unless you have a Technology Department that can create a custom program for you. There are some great programs out there that have templates for you to use, are user friendly, and cost effective, and even starts their pricing at $10 per month, though for most small businesses the median price seems to be $49.95 if you have a list in the thousands. Click here or on the tab to the left labelled "E-Mail Campaigns" to find out more about different ESPs, E-Mail Service Providers, that are reputable and tried by business owners in our Mega Moms Group.
The Travels of a T-Shirt in the Global Economy by Pietra Rivoli Pietra Rivoli is a business professor at Georgetown University and she was inspired by over 50,000 activists and Georgetown students protesting globalization at the annual meeting of the World Trade Organization in Seattle in 1999. "Who made your t-shirt ?" they yelled. For several years, Pietra Rivoli traveled the world to investigate what was all this commotion about. "This book is a story of people, politics, and markets that create my cotton t-shirt. It is a story about globalization" P. Rivoli. It tells the history of how America has dominated the cotton industry for 200 years and how we are still the #1 producer of cotton in the world. It tells the story of how this raw American cotton goes to China and is spun into yarn. Then this yarn is transformed into t-shirts at factories throughout the third world countries. It explains how politics came to rule the global apparel trade and now is an issue of protest: "Chinese t-shirts vs. American Jobs".
"If a t-shirt is sewn in China from fabric pieces that were cut in Hong Kong, but knit in Malaysia, from yarn that was spun in the United States... Where is our apparel really made?". "It is generally the stitching rather than the knitting, spinning, and cutting that determines where a t-shirt is from." These t-shirts have travelled from country to country end up being sold to the United States for $8.00 per dozen cotton t-shirts. This is an amazing and unbelievable journey.
I particularly enjoyed the last couple of chapters of the book, including, "Where T-Shirts go after the Salvation Army Bin". The journey of these t-shirts is not complete yet ! Moms in their SUVs and mini-vans pull into a local Salvation army loaded down with their black garbage bags filled with clothing that they are tired of, get their tax deduction, and then head right to the mall to fill the void those garbage bags just made. The supply received by the Salvation Army, Goodwill, and charity organizations now so far exceeds the domestic demand for these items that they now sell these extras at a rate of 5 to 7 cents a pound to over 3000 companies that export these shirts to third world countries.
These t-shirts that are now embellished with American Logos like Nike, Adidas, and Reebok and American Sports Teams like the Detroit Lions or the Green Bay Packers and Family Vacation Destinations like Disney, Yellowstone National Park,and Ft. Lauderdale. The clothing is sorted by these American exporters and sold in 1,000 pound bales that may contain up to 3,000 articles of clothing to locations such as: Zambia, Dar Es Salaam, Tanzania. This clothing called mitumba = clothing thrown away by Americans and Europeans have a whole new life.
What a journey ! You will never look at a t-shirt in the same way again after you read this book.
Do have a book you recommend we review ? E-Mail us at: megamomsgroup@timeoutmom.com
www.MotherEntrepreneur.com www.EntrepreneurialMoms.com www.MegaMomsGroup.com Moms In Business