Use technology in your business or fail

Thursday, May 29, 2014 10:15

technology in businessIn a previous work life, I used to give presentations on technology and as a way of lightening the tone of what could be a heavy session, I showed a cartoon. The caption read “In a moment of inspiration Dave the repairman connected the air-conditioner to the Internet”.

Now, what’s funny about that you may ask? These days everything from fridges to toasters (yes you can buy one) get the Internet treatment.

Well, at that time the only device connected to the Internet was a computer and then not every computer. The workhorse of computing was called a mini-computer and it looked exactly like an air conditioning unit. Connecting it to the Internet would be impossible; we used to laugh at the absurdity of the cartoon.

How times have changed. I’m older now and the latest trends in technology don’t automatically include me. I have to consciously make myself aware of what is happening and how that impacts what can be produced as a product, offered as a service, or affect the way a business operates.

Unless designing an iPhone app, or working on a new type of web site, many entrepreneurs that I talk to have not included technology in their plans for the business.

That would be a mistake, because undoubtedly your competitors will have built-in the latest technology and it may be the edge that differentiates your business from the others.

5 ways technology can give you an advantage:

  1. Build it into your sales plan. Either by selling on your own web site (eCommerce), or using Amazon or Ebay  who will help you set up a shop within their sites.
  2. Have a plan of using technology to help your marketing and PR. This is increasingly important. You can advertise using Google Ads, place “how to do” videos on YouTube and use social media web sites such as Facebook, Twitter and Linked-in.
  3. Buy a web domain name that describes your activity. It depends on your type of business but whilst “Johnston International” sounds good you’ll only be found on search engines if someone types that name, however have a web site called “handbags.com” or “cookbooks.co.uk” and you’ll be found more often.
  4. Once you have your own domain name use it to have your own email address. There is nothing less professional than using hotmail or gmail as your email address for a business, it screams small-time amateur.
  5. Automate your business processes as much as possible, all the way down the supply chain, from how you order goods or services yourself, to despatch of goods and customer service. Use modern accountancy packages. Communicate with your customers by email, again automated where practical. This is an area that will save you money, speed processes up and free your time.

Don’t use excuses such as I’m too old for all this, I’m more of a people person, I don’t understand and in any case I’m too busy. Your competitors will be eating your lunch.

 

 

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