4 Ways to Improve Networking Skills 27

improve networking skills

The following article is a guest post.

One of the most important practices in the modern business landscape concerns relationship management. From customer relationship management, or CRM, to group projects, teamwork is important to companies of just about every shape and size. Networking gives professionals the chance to build contacts within an industry and outside of a given field of expertise. Trade shows, self-help seminars, and business conferences represent a substantial opportunity for growth. Improving networking skills is possible with a few easy approaches.

1. Set Deadlines.

Setting deadlines in calendars is one way to commit to a resource. Many businesses already utilize deadlines for a variety of tasks. Following up with connections from a conference should be a matter of professional courtesy. Using a deadline for a contact on a weekly or monthly basis is just one way to keep in touch. After all, nobody can ever be quite sure when a relationship might come in handy.

2. Use Social Media.

The arrival of mobile Internet connected devices allows workers from all segments of a company to keep pace on developments. Specialized social media accounts, like GovNet and others, even offer steady reminders to keep in touch with contacts achieved at conferences and seminars. Many times these gentle reminders are all that is necessary to drive communication, which means they can be extremely valuable when used correctly.

3. Collaborate.

Sharing information between contacts is one way that networking can pay huge dividends. If a salesperson encounters a need that a relationship can service, asking the customers permission to invite another expert into the fray makes good business sense. The process will pay off in the form of additional referrals as the collaborations grow. Teamwork does not necessarily have to exist inside a single corporate entity. Putting the network to use is the primary reason for the practice in the first place.

4. Offer Meaningful Conversation.

Too often professional contacts are greeted with email blasts or general updates. Making an effort to learn birthdays, spouse names, and other important details can make a huge difference in the process. Success can be one contact away, and massive sales gains can be an email away. Standing out from the crowd is possible with a few notes and some professional skills. Offering up meaningful conversation and communication that makes a difference is just one way to really drive a relationship to the next level. Enhancing the current position through a few emails is a very real possibility.

In the end, improving networking skills should be a priority for employees throughout a company. Not only can the process make a world of difference in personal growth, but it can produce friendships and relationships that last a lifetime. By offering meaningful conversation, offering collaboration, and using social media as an advantage, any type of worker can enhance networking skills. After all, those long hours away from friends and family at trade shows and conferences should produce meaningful gains and enhance personal development. By committing to the process, every worker can become a networking expert.

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Should You Buy an Ecommerce Business? 10

Should You Buy an Ecommerce Business?

If you have the funds to make an investment, but you are not sure which is the best option, a good idea would be investing in an ecommerce business. They represent the businesses of the future, and it is already a known fact that they are very profitable.

With an online business you can choose to build it yourself, but that is not what we are recommending. In our opinion, buying an ecommerce business comes with more advantages and in this article we will talk about some of them.

You won’t have to deal with the tough work.

The first days are the hardest when you decide to start a business by yourself.

First of all, you have to decide exactly what kind of products you want to sell and then find the suppliers for them. You need to create a quality customer service, come up with marketing strategies, develop the site, SEO, and many other things.

But when you buy an online business you won’t have to deal with any of these. A business that has been around for a while already has all these things and this means that you won’t have to deal with them. However, you should make sure that you do a little bit the research before you buy the site. You need to make sure that everything matches your requirements.

Successful business model.

Quitting While You're Ahead! Understanding the Limits of Natural Business Growth

When you are just getting started it is hard to tell whether your business will make it or not.

In some cases, it might even be complicated to come up with a strategy that will sell your products. Nevertheless, this problem does not occur when you are buying an online business.

In this situation, you already know that the business existed for a few years, which means that it generates enough revenue. It also means that the traffic and customers are established already so there is almost no risk.

However, before you buy a website you will need to make sure that the financials are accurate.

You can choose to buy a business from an online marketplace such as Exchange by Shopify. This way, data such as traffic and financial reports will be delivered by the platform, not the seller, so you will know for sure that they are 100% real.

Cross-sell potential.

If you already own an ecommerce business it might be a good move to buy another one. By getting another one you will gain access to additional customers, email addresses and traffic, which could be really helpful for you.

If you analyze the metrics of the business a bit you will be able to tell how to cross-sell existing products. Tools like shopping cart data and Google Analytics should help you determine customer behavior, including the returning rate and how many items per order are there.

Cross promotion between email lists could be a great marketing tool if it is used correctly, and even using “competitive” discount could be a way to make customers move between the two businesses.