Posts tagged business services
Mastering Mobile Marketing Strategies For Engaging Today's Consumers

In today's fast-paced digital landscape, mobile devices have become ubiquitous, shaping the way that consumers interact with brands and consume content. As smartphones and tablets continue to dominate our daily lives, businesses must adapt their marketing strategies to effectively engage with on-the-go consumers. 

HLL x Mastering Mobile Marketing Strategies For Engaging Today's On-the-Go Consumers

Mastering mobile marketing is essential for staying relevant and competitive in an increasingly mobile-centric world. This guide explores key strategies and tactics for marketers to effectively engage today's on-the-go consumers through mobile marketing initiatives.

Understanding the Mobile Consumer Landscape

Mobile devices have revolutionized consumer behavior, granting people unprecedented access to information, purchasing capabilities, and brand interactions on the go. Crafting effective mobile marketing strategies necessitates a deep understanding of the mobile consumer landscape. This section explores key characteristics and preferences of mobile consumers, shedding light on various aspects.

No. 1

Mobile Usage Patterns

Delving into the intricate nuances of how consumers utilize their mobile devices throughout the day is crucial.

Analyzing browsing habits, app usage trends, and shopping behavior offers valuable insights into consumer preferences and tendencies in the mobile realm. Understanding these usage patterns enables marketers to tailor their mobile marketing efforts effectively, ensuring that messages resonate with users at opportune moments.

No. 2

Location-Based Marketing

Location-based services and geotargeting have emerged as powerful tools for delivering personalized, contextually relevant messages to consumers based on their physical whereabouts.

Leveraging location data allows marketers to target consumers with hyper-localized offers, promotions, and notifications, thereby enhancing engagement and driving conversions. By harnessing the power of location-based marketing, brands can establish meaningful connections with consumers in real-time, fostering deeper levels of engagement and loyalty.

No. 3

Mobile Search Behavior

Mobile search engines play a pivotal role in the consumer's journey, serving as a gateway to discovering products, services, and local businesses.

Understanding how consumers interact with mobile search engines, including their search queries, preferences, and intent, is essential for optimizing visibility and driving traffic.By aligning mobile SEO strategies with consumer search behavior, marketers like Click Intelligence can enhance a brand's discoverability and relevance in mobile search results, ultimately driving organic traffic and conversions.

No. 4

App Engagement

Mobile apps have become integral to the consumer experience, offering convenience, personalization, and enhanced functionality.

Exploring the role of mobile apps in consumer engagement and loyalty unveils opportunities for brands to cultivate deeper relationships with their audience. Strategies for driving app downloads, optimizing user experience, and fostering retention are paramount for maximizing app engagement and achieving long-term success in the mobile space.

No. 5

Mobile Commerce Trends

The proliferation of mobile commerce (m-commerce) has transformed the way that consumers shop, ushering in a new era of convenience and accessibility.

Examining emerging trends in mobile commerce and understanding consumer preferences in the mobile shopping experience is essential for brands seeking to capitalize on this burgeoning market. Strategies for optimizing mobile websites, streamlining checkout processes, and leveraging mobile payment solutions can significantly enhance the mobile shopping experience, driving conversions and fostering customer loyalty.

Crafting a Mobile-First Marketing Strategy

In the ever-evolving landscape of digital marketing, adopting a mobile-first mindset is paramount for effectively engaging today's on-the-go consumers. This section elucidates key components of a robust mobile-first marketing strategy, underscoring the importance of optimizing marketing efforts for mobile devices.

No. 1

Responsive Web Design

An indispensable aspect of a mobile-first approach is ensuring that websites are designed responsively to accommodate various screen sizes and resolutions.

Responsive web design principles enable seamless navigation and optimal user experience across desktops, tablets, and smartphones. By prioritizing responsive design, businesses can cater to the diverse preferences and browsing habits of mobile consumers, enhancing accessibility and engagement.

No. 2

Mobile-Friendly Content

Crafting mobile-friendly content is imperative for capturing and retaining the attention of mobile users.

This entails creating concise, easily digestible content tailored to the constraints of small screens. Clear calls-to-action, streamlined navigation, and mobile-optimized images and videos are essential elements of mobile-friendly content that facilitate seamless interaction and encourage user engagement.

No. 3

SMS Marketing

SMS (Short Message Service) marketing presents a direct and effective channel for reaching consumers on their mobile devices.

Leveraging SMS marketing enables businesses to deliver targeted promotions, alerts, and reminders directly to consumers' mobile phones, fostering real-time engagement and driving conversions. By capitalizing on the immediacy and ubiquity of SMS communication, businesses can establish direct lines of communication with their audience and deliver personalized messages that resonate.

No. 4

Mobile Advertising

Embracing mobile advertising is pivotal for effectively reaching and engaging mobile audiences.

Various mobile advertising formats, including display ads, native ads, and in-app ads, offer diverse opportunities for capturing consumers' attention and driving conversions. By deploying strategic mobile advertising campaigns, businesses can enhance brand visibility, drive traffic, and generate leads among mobile users, thereby maximizing their marketing ROI.

No. 5

Social Media Marketing

Social media platforms serve as pivotal touchpoints for engaging mobile audiences and driving brand awareness.

Tailoring social media marketing efforts to cater to mobile users involves optimizing content for mobile viewing, leveraging mobile-friendly ad formats, and actively engaging with consumers on mobile platforms. By aligning social media strategies with mobile consumption habits, businesses can foster meaningful interactions, build brand loyalty, and cultivate a loyal community of mobile followers.

Engaging Consumers with Mobile Apps

Mobile apps serve as an indispensable component of a comprehensive mobile marketing strategy, offering unparalleled opportunities for engaging with consumers and fostering brand loyalty. This section delves into effective strategies for leveraging mobile apps to drive engagement and maximize brand impact.

No. 1

Developing a Branded Mobile App

Creating a branded mobile app provides a unique avenue for delivering value to consumers while reinforcing brand loyalty.

By offering exclusive content, rewards, or utilities through the app, businesses can incentivize downloads and foster ongoing engagement with their brand.

No. 2

App Store Optimization (ASO)

App Store Optimization (ASO) is critical for enhancing app visibility and driving downloads.

Optimizing app store listings with relevant keywords, compelling visuals, and positive reviews increases the likelihood of app discovery and encourages users to download and engage with the app.

No. 3

Push Notifications

Push notifications are an effective tool for engaging app users in real-time and driving ongoing interaction.

By delivering personalized messages, updates, and promotions directly to users' devices, businesses can maintain constant communication, encourage app usage, and drive retention.

No. 4

In-App Advertising

Monetizing mobile apps through in-app advertising offers a lucrative revenue stream while ensuring a positive user experience.

Incorporating various ad formats such as banner ads, interstitial ads, and rewarded video ads enables businesses to generate revenue while providing value to users.

No. 5

App Analytics

Leveraging app analytics tools is essential for gaining insights into user behavior, measuring app performance, and optimizing marketing efforts.

By tracking key metrics such as app downloads, user engagement, and retention rates, businesses can identify areas for improvement and refine their mobile marketing strategies for maximum impact.

Measuring Success and Optimizing Campaigns

Measurement and optimization are critical components of any mobile marketing strategy.

The key performance indicators (KPIs) and strategies for measuring success and optimizing mobile marketing campaigns include:

  • Mobile Traffic and Conversions - Tracking metrics such as mobile traffic, bounce rates, and conversion rates to assess the effectiveness of mobile marketing initiatives and identify areas for improvement.

  • App Engagement and Retention - Monitoring app engagement metrics such as session duration, frequency of use, and retention rates to gauge app performance and user satisfaction.

  • Return on Investment (ROI) - Calculating the ROI of mobile marketing campaigns by measuring the revenue generated from mobile channels against the cost of acquisition and campaign expenses.

  • A/B Testing - Conducting A/B tests to compare different variations of mobile marketing assets, such as ad creatives, landing pages, and messaging, and identifying which performs best.

  • Continuous Optimization - Iterating and optimizing mobile marketing campaigns based on data insights and performance metrics to improve results over time and maximize ROI.

Takeaways

In conclusion, mastering mobile marketing is essential for businesses seeking to engage today's on-the-go consumers and stay competitive in the digital age. By understanding the mobile consumer landscape, adopting a mobile-first mindset, leveraging mobile apps, and measuring success, businesses can create effective mobile marketing strategies that drive engagement, foster brand loyalty, and achieve measurable results. Embracing mobile marketing isn’t just an option, it's a necessity for success in today's mobile-centric world.



Peace of Mind in Business - What Does It Take?

Running a business is stressful—a statement that could possibly be the understatement of the century. After all, companies in your industry would naturally prefer that your business failed because that means one less organization to compete against and potentially swallow up their market share. On top of that, for your business to survive and thrive in today’s competitive digital landscape, you must continually evolve with the market, maintain a coherent strategy, continuously streamline all of your overbearing systems, and never get too attached to creative ideas, specifically ones that do not work.

As a business owner, you have a lot on your mind. You are trying to solve things in your head all day while trying to still remain present with the current day’s demands. This can feel burdensome with so much load to carry on your own. Shutting down mentally can seem almost impossible, and to think that you will ever have a day where you do not have to worry about anything, or that the wheels will someday spin themselves, is a pipe dream. So, you diligently attack your never-ending to-do list with everything you have.

Peace of Mind In Business

@viancasoleil reminding us that it is possible to create a life and business that is a reflection of anything you desire. This includes managing your business in a way that promotes peace of mind.

Fortunately, you can certainly be in control of your business to the point where integrations, software, and contingency planning can give you a sense of security and protect you from security threats that could spell disaster for your business if not implemented.

Additionally, if something goes wrong, your business will remain strong. You will have the luxury of avoiding unnecessary downtime because you have put in effective measures and protections beforehand that will provide reassurance and peace of mind for when you need it.

Here, we will discuss a few ways that we believe are necessary to achieve peace of mind in your business. Giving these items immediate attention will help you avoid unnecessary expenses or challenges in the future.

01

Stated, Definable Goals

Confusion is often the best breeding ground for stress, which is why leaving vital business priorities vague can only cause chaos, no matter how good of a manager or owner you are. It is good to cement your work week, workday, and overall visionary priorities into concrete, executable goals—those that help you move forward with care so you genuinely understand what the next step will be. Integrating that into the time blocks of productivity you use daily will ensure you know what you are doing, and how to build on what you have developed beforehand. This personal example will help your managers conform to your style, and as such, structured approaches to tasks will take root throughout your organization.

02

Proper Documentation & Contractual Management

It is important to make sure you learn about the contract management life cycle before you agree to contracts or embed them into the structural policies and plans of your business. This way, you know that as contracts expire or as you work on your record-keeping and transparency, you will have no administrative deadwood that causes confusion and breeds mistakes. This will also help manager training and employee onboarding, and ensure complex B2B connections are honored at every level.

03

Cybersecurity Is A Growing Concern

Regular cybersecurity training can help you defend against hacking and social engineering methods used by online criminals, says Lumify Learn. Your staff does not have to be negligent or unintelligent to suffer a hack, as even very popular tech brands can come under fire from time to time. Regular backups, password changes, file protections, data encryption, and secure communications will help you avoid a small issue from turning into a system-wide issue. The more you can do that, the more you can rely on your systems to protect you as opposed to wondering where the next threat will come from.

@viancasoleil is the founder of Unna, an interior designer, and a photographer. We are inspired by her calming, island aesthetic which keeps us dreaming of a work-life balance that includes a bungalow beachside and drinks at sunset.

04

Automation software & AI tools

With the advances in automation and artificial intelligence, simple tasks can now be done with software that promises efficiency, accuracy, and time management. Finding software to fuel your business growth is one of the best things you could do to ensure that you are fully integrated with systems that help manage the day-to-day activities of your business to increase productivity for yourself and your staff. Using software to manage your time, budgets, and projects are effective ways to keep everything all in one place and organized for your team.

Takeaways

These are just a few processes that can be implemented to avoid future battles that can be avoided with intentional integration within your business. With this advice, you are sure to identify and eradicate stress where needed, helping you remain clear, focused, and calm as much as possible so that you can run your business smoothly. Maintaining a business can be easier when systems are being utilized in areas that are fundamental to the success of your business and when they are specifically used to protect you from future threats or liabilities.



Your First Steps as an Entrepreneur

The excitement is there and you cannot wait to introduce your new business to the world, but you are hesitant about whether you will make it.  This blog post is here to assist you toward success.  Whether you are developing a personal brand or offering a product or service, no matter what line of business it is, stay here for your guide to success.

HLL x Your First Steps As An Entrepreneur

It is important to develop cohesive branding for your business, especially at the earliest stages. Using ready-made templates allows you to save time and money. You can also hire an experienced designer to help you with editing the content of the template when needed.


01

Don’t be hasty

It is easy to perhaps feel afraid, anxious, or overwhelmed when jumping into the unknown, especially as an entrepreneur. However, it is important to take your time and be thoughtful about your decisions. Consider researching the market, meeting with potential partners and investors, and understanding your competitive landscape before moving forward.

Do not forget to understand the financial side of things. Have a budget calculated, and plan out how you will fund any unexpected expenses that may arise. By taking a careful approach to launching your business, you can set yourself up for success in the long term.


02

Talk to the old guns in the business

As you consider launching your business, it can be of high value to speak with experienced businessmen and women who have been in the trenches. Connecting with these industry veterans is a great way to gain insight into the business world and understand what it takes to build a successful venture.

Ask questions about their successes, failures, lessons learned, and best practices they have discovered throughout their journey. Doing so will provide insight that can help you make more informed decisions when starting your own company. Additionally, many seasoned entrepreneurs are willing to offer advice and mentorship as you get off the ground. Take advantage of these opportunities whenever possible.

HLL x Your First Steps As An Entrepreneur

Get as much help as you can while saving valuable time and money. Services for your business that you will need like graphic and web design and digital marketing can be outsourced now more than ever at a fraction of the cost.


03

Have a product

Having a product or service that meets customer needs is essential for a successful business. It is important to identify who your target customers are and then determine what type of products or services would be useful to them. Once you have identified the product or service, develop a pricing strategy and create a marketing plan to promote it.

For instance, if you are in the market with titanium piercing jewelry, consider ways to differentiate yourself in the marketplace such as offering special discounts or exclusive services. You will want to take into account any legal considerations such as filing for trademarks or patents if necessary. Taking the time to ensure your product or service is well thought out and desirable in the marketplace can set up your business for success.


04

Be positive and excited

The most important piece of advice for new entrepreneurs is to stay positive and excited about the journey ahead. Although there will be bumps in the road, it is essential to remain focused on success despite any difficulties that arise. Be willing to take risks and learn from your mistakes. Be teachable and accept good advice.

In addition, do not forget to enjoy the process of building your business. This can often be forgotten when starting something new, but it is important to remember why you started in the first place. It may be helpful to write down what got you started so that you may reflect on your plan and dreams, and by doing that, keep you motivated throughout your journey.


Takeaways

In conclusion,  starting a successful business is no easy feat. However, if you take the time to plan ahead and have a well-thought-out strategy in place, you can confidently jump into the deep end of entrepreneurship with success.



Launching A Business Soon? A Detailed Checklist
HLL x A Detailed Checklist: Launching A Business

Marianna Hewitt celebrating International Women’s Day with Oak and Fort, a modern lifestyle brand which is not only woman-founded but also led by women. Since the launch of her flagship product, the Jet Lag Mask, she has been a great force in the wellness and self-care movement, inspiring others with her success.

Operating a new business can be an exciting, but daunting adventure, with several factors to consider before leaping. Statistics show that more than 50% of all small businesses collapse before their fifth anniversary.

Before opening your doors for business, there are various critical stages, from drafting a business strategy and collecting money to building a brand and establishing operations. A detailed checklist ensures you cover all the crucial bases and set yourself up for success.

01

Knowledge or ability

Obtain the required skills and knowledge necessary to succeed in your chosen industry once you decide on the type of business you want to establish. Although it will take time and work, you will have all the information you need to launch your business idea from scratch.

Since it is critical to have a business plan, gathering all of the pertinent reseach will make it that much easier to compile all of the data you need. By creating a business plan, you will determine if your service is in demand and if it is worthwhile to pursue the idea in the first place.

If you have the appropriate expertise, create a business plan independently. Alternatively, you can always seek the assistance of an experienced business consultant.

02

Staffing

Your staff can either grow or destroy your business. Without competent human resources, no company can thrive. Therefore, you must enlist a team of knowledgeable staff who plan to attract the right talent for you company.

Additionally, consider collaborating with a recruiting agency to fill your openings with competent people. Furthermore, several websites make it easier to find the right type of candidates you are looking for.

Enlisting help from a staffing agency might ease your work and save you money. So, it is worth the extra step. You must also factor in training in addition to hiring the right people, so keep this in mind, too.

03

Start-up costs

Estimating your start-up costs is one of the most important variables when starting a new business. It would help if you calculated the whole cost of starting and running your business. For instance, the start-up costs for a manufacturing unit you want to create might be high.

Consider the cost of the land or building, the industrial setup, the acquisition of machinery and equipment, the investment in furniture and office supplies, and a variety of other assets that will require funding. Similarly, a retail business will have start-up costs for construction, interior remodeling, and showroom design.

Once your business is formed, you must consider the operating capital needed to keep it running. You must examine the inventory you maintain on hand, the credit you can provide your customers, and the credit you may receive from suppliers.

However, you should not constantly rely on credit from suppliers, especially if you are a newcomer to the sector. Avoid company debt in excess when you start funding your business as this may hinder your growth in the future.

04

Legal licenses, permits, and insurance

Addressing the legalities of running a business is not the most enjoyable aspect of beginning a retail business, but it is necessary. You must decide on your business structure, ranging from single proprietorship to corporation.

It is typical for merchants to form limited liability corporations to reduce personal risk, but make sure you receive legal counsel before deciding on the best business structure for your specific circumstances.

Before opening a retail business, you should also extensively investigate what licenses and permissions are necessary for your area. Verify federal, state, and municipal government requirements because regulations vary. Some applications take a long process, so start as soon as possible.

05

Competitors

Look into the companies that provide comparable goods or services. You may learn about their target markets and the places they serve.

If they serve a comparable demographic, consider opening stores further away from them or focusing on a different market. You might also join a local chamber of commerce or entrepreneurial group to meet individuals working on similar projects.

06

record-Keeping

Before establishing your company, devise a method for tracking your sales, income, expenditures, and operational costs. With the help of an organization, you may track your expenditures and file your taxes. Consider hiring an accountant or studying software options that can automate some tasks to help you with this.

07

Payment processing systems

Installing payment processing hardware is essential. Buy payment processing equipment such as credit card readers, POS systems, or mobile card readers. Be certain that the equipment is compatible with your payment processor.

There are numerous types of credit card machines, each with its advantages. Countertop, mobile, virtual, and integrated point-of-sale (POS) systems are some of the most frequent credit card terminals. Mobile terminals are ideal for companies that sell on the move, such as during trade exhibits or events.

Takeaways

Starting a new business can be challenging but achievable by implementing the right strategies from the beginning of its inception. Consider adopting this checklist to achieve the best results for your particular venture.

With so many resources available online, you are sure to gather the best tools and resources available. Take advantage of the many advances in technology that will allow you to automate common tasks and processes. This will allow you to free up your time to focus on your business strategy, growth, and expansion.

Likewise, Hello Lovely Living is here to support you with your business endeavors, so feel free to reach out to us for a free consultation on the many graphic, web, and digital marketing services available.



How To Manage Your Time As A Freelancer
Hello Lovely Living

This month, Marianna Hewitt and Lauren Ireland celebrated their 5th birthday celebration at Upside Pizza in NYC. They have been successful in understanding their customers’ needs since the launch of their flagship product, the Jet Lag Mask, and have since launched many other products. Their nostalgic pop-up events like this one with a Self-Care shop incorporate the iconic Summer Fridays branding to achieve a memorable experience for their customers.

01

Understand Your Customers’ Schedules 

Many freelancers paid by the hour must abide by time clock rules. This often means they are responsible for logging their working hours and dedicating a set amount of time each day to a project. Understand your customer schedules and how it corresponds to your routine. Ensure you are fulfilling your contractual obligations, especially when it is tied to whether you get paid.

02

Stick To A Routine

As a freelancer, you are largely responsible for managing your time. We all have routines, and you know what works best for you. But basic rules like the time you get up, eat, and sleep will help you stick to a routine and avoid you working unusual hours that leave you feeling run-down. Try to work a set amount of hours each day, take regular breaks and create a schedule that will help you stay consistent.

03

Set Boundaries With Clients

Make it clear to your clients when you are available. If you are working with clients outside your time zone, try to find some overlap in your working day where you can connect if needed. Respect your boundaries and ensure your clients know exactly when you are and aren’t reachable. This will also help establish a good working relationship with your customers and give you a clear work-life boundary.

04

Seek Financial Advice

Seeking financial advice can directly tie into the hours you work. If you are having cash flow problems, the earlier you know, the quicker you can explore new avenues for business growth and regain control of your time. The more money you earn is directly tied to the hours you work as a freelancer, so keeping on top of finances avoids spiraling hours to make up for financial losses in the business.

It is also best to pay attention to common personal and business expenses that can easily be prevented by choosing a bank that has no monthly fees, no overdraft fees, and free ATMs. These common expenses can add up, so this decision will be very important to avoid unnecessary expenses down the road. We are impressed with Chime because it checks off all the boxes and makes banking smarter. Earn $100 when you join Chime. Learn more.

HLL x Creative Market x Social Media Template + Themes

Social media template and theme planning and scheduling tools can automate daily tasks that are often time-consuming.

05

Use A Project Management Tool

A project management tool like Asana can help you organize your time and meet your schedule and deadlines. When you are extremely busy, a project management tool can help keep you on track and ensure you can complete your projects to deadline and budget. Project management tools can help you break down large tasks into more manageable ones so that you can be more effective with your time.

06

Make Sure You Switch Off

Managing work-life balance as a freelancer can be challenging. Nonetheless, switching off is an essential part of being effective. Make time for yourself, whether protecting your hour lunch break or ensuring you finish at a reasonable time in the evenings. Do what helps you switch off best, whether that’s playing a video game or going for a run. 

HLL x Creative Market x Social Media Template + Themes

Get social media templates and themes, scheduling tools, and graphic design support to help you be efficient with daily marketing tasks.

07

Invest In Automation

Automation can help you win back vital time as a freelancer. You might invest in social media planning and scheduling, automated email marketing campaigns, or prompts to potential customers that leave their cart on your eCommerce site. You can look at opportunities to automate tasks like sending invoices or payment follow-ups to help you win back time you can spend on other areas of your business.


08

Define A Reminder Schedule For Payments

Spending valuable time chasing your invoices? Setting a reminder payment schedule is vital to appearing professional and saving time. Following up on overdue invoices is stressful and, when done manually, can eat into your working hours. Setting clear reminders and payment deadlines is vital to saving yourself time as a freelancer.


09

Get To Grips With tracking your time

Do you know how long it takes you to complete tasks? An accurate picture of your tasks can help you manage your working hours and get the right project timelines. It also ties into your payments. Recording your timelines ensures you set accurate prices for your goods and services. Underestimate your hours, and you risk getting both underpaid and working extra hours to complete pieces of work.


10

Block Off Time

Blocking off chunks of time to focus on specific tasks can help you get into a flow state and manage your workload better. A flow state refers to becoming fully immersed in whatever you are doing. It describes when people achieve their best work with focus and clarity. Giving yourself allocated hours to focus on specific tasks can help you achieve a flow state and make the most of your time. Physically block off hours in your calendar to complete your projects.


11

Document Everything

Document all your workflows and processes. Identifying your business operations can help you identify where you can streamline and template your work. It is also great when your mind is blank, as you can refer back to something you have drafted previously as a prompt. Documentation is great to review as your business scales, as it can be used to train new employees or collaborators quickly and effectively.


12

Give Yourself Buffer Time

Even if it takes you three hours to complete a task, it doesn’t mean you should only give yourself three hours. Buffer time is essential as a freelancer. It protects you on days you feel tired and ill, days your boiler breaks or your internet goes down. You don’t need to cram your working days with constantly focused work. Give yourself some buffer time to protect yourself against life’s unforeseen events. 

If you are questioning the value of buffer time as part of your hourly rate, it is still essential. You and your clients would be much happier if you built in time for fact-checking, proofing, and project revisions.


Takeaways

It can be tough to manage your time as a freelancer. Fortunately, resources like project management software and financial advice can help you manage your time as a small business owner. Sticking to a routine, setting clear client boundaries, and managing your timelines are important resources for working effectively. There are also many chances to automate and save time, including drafting documentation, setting reminder schedules, and investing in automation. Try these tips today and see how it helps you manage your freelance business.



A Discussion: Are Online Digital Marketing Classes The Best Fit For You
HLL x Social Media Marketing

Working your social media marketing business from here—wouldn’t it be lovely? @hellolovelyliving

Before we dive into the world of online digital marketing classes, we should first start with a few questions:

What is digital marketing?

Simply put, digital marketing is any marketing done electronically, be it online or even a digital poster on a sign in a store to reach consumers. Most digital marketing happens on the internet.

What types of digital marketing are there?

There are several types of digital marketing. One familiar type of digital marketing is SEO, or "search engine optimization". This is why when you enter a search query in the google search bar, the first few results are usually advertisements. Another type of digital marketing that people are most familiar with is social media marketing. We have all seen the "sponsored" posts as we scroll through our online news feeds. This is the use of social media platforms to promote a product or service.

there are classes I can take that teach me how to digitally market a particular product or service?

Yes. Traditionally, classes were taken on campus, but as mankind is ever-evolving into a digital world, classes can be taken more commonly online. Additionally, with the ongoing global pandemic where social distancing is not only recommended but mandated in most places, online digital marketing classes are progressively becoming more desirable versus taking a class on campus or through a local public library.

Another amazing benefit of online classes is flexibility

These days, the world is busier than ever. From an economic standpoint, it takes two incomes to financially support a family comfortably. By taking classes online, you are able to set a schedule that works for you to accommodate your daily demands. This allows flexibility in how you manage your time between any lectures that need to be watched, workshops and homework that need to be done, and exams that need to be taken.

Another big benefit that is huge in terms of the decision of whether to take classes online or on campus in a classroom setting is you can work on assignments and read on the go. Say you are on your lunch break at work; by taking your classes online, you can tote your device with you and do your work while you are on your breaks. The point is online classes not only allow for flexibility in scheduling but in how and where you work.

Now, this last point is crucial

Being that we are discussing online digital marketing classes, by taking them online, you are literally able to transfer what you have learned from the classroom to the practical application in real time. You are able to take things learned through the course of your classes and apply them right then to see how they apply as you go. Now, apps like Canva also enable you to create content such as social media posts and videos on the go making it easy to be efficient with your time.

Say you already have a business or something else that requires marketing of some type. By taking digital marketing classes online, you could theoretically plug in your real-life company or whatever you are marketing into the space where an example is used in the lesson. Then, you tackle two birds with one stone. You gain positive lesson experience for the class and promote the business that you are actively marketing.

Takeaways

It is easy to see how taking digital marketing classes online rather than in a traditional campus setting is the right approach to effectively gain knowledge and experience concurrently. With all of life’s distractions and the business of daily life in a fast-paced world, finding flexibility and something more suited to your individual lifestyle is essential in avoiding burnout. Thankfully, in an environment that is constantly evolving, there is a space for everyone to achieve work-life balance.



Do Home-Based Businesses Need A Financial Advisor?

According to the SBA (Small Business Administration), approximately 50% of all US businesses are home-based. Additionally, reports from the Pew Research Center reveal that 16 million Americans are self-employed. This makes up nearly 30% of the total workforce. The majority of these businesses are sole proprietorships; thus, every decision, be it related to inventory or financial investment, is made without any additional advice or support.  

Unlike large companies, small business owners like sole proprietors do not have a CFO (Chief Financial Officer) to advise them about their company’s financial condition or direction. Thus, home-based businesses struggle to maintain their good standing or fail to grow. What can a home-business owner do in this situation? The answer is simpler than you think: Hire a financial advisor. In this article, we discuss a few points to consider when hiring one.

What does a financial advisor do? 

Generally speaking, financial advisors assist entrepreneurs with deciding the course of action for their revenue earned. However, their role is not limited to financial advice. Rather, there are numerous services that you can select from based on your current and ongoing needs.

  • Debt Management: Creating strategies to pay off debt and avoid the same costs in the future. 

  • Tax Planning: This includes tax return preparation, planning tax-loss harvesting security sales, enhancing tax deductions (and exemptions), using capital gains tax rates wisely, and more. 

  • Insurance & healthcare advice: Providing the best solutions for you and your teams’ healthcare on a long-term basis. 

  • Budgeting: Strategies to meet business goals (both short-term & long-term) within your budget. 

Apart from this, financial advisors can also assist you in retirement and estate planning.

Signs you need a financial advisor

Though you do not need any specific reason to work with a financial advisor, certain signs call for professional assistance. These signs include: 

  • You do not know how and where to invest business earnings.

  • You are frequently losing money on your investment(s).

  • You do not have an estate plan.

  • You are currently struggling with debt payments.

  • You are constantly failing at creating a budget. 

If you have already designated personnel to manage your finances and assist you with business decisions, you do not necessarily need to appoint a new person. Instead, you can connect with a financial advisor business coach to train your already appointed staff. They can help you in deepening your client relationships, and you will be able to envision your business's future growth with just a few helpful insights. 

It is important to note that not all coaches are created equal. Try to find one with a well-developed signature program that aligns with your business goals and objectives. A signature program is a coaching framework that has been refined and perfected over time, providing a structured and effective approach to achieving specific outcomes. With a signature coaching program, a business coach can help you develop new skills, improve your performance, and achieve measurable results, ultimately leading to the success and growth of your business.

How to choose a financial advisor? 

A financial advisor can make or break a business. Therefore, you must practice due diligence when appointing one for your home-based business. Some of the things you need to take into consideration when selecting a financial advisor include: 

  • Is the financial advisor certified? Check the certification of the advisor.

  • What types of services are offered and what are the fees? If they have connections with a prime broker for small and emerging hedge funds, that's better.

  • Understand the financial advisor’s approach and beliefs, and check if it aligns with your goals. 

  • Look for someone who has the appropriate tools and resources to teach you financial freedom.

Takeaways

It does not matter whether you own a small business or a global enterprise; you need a financial advisor or an entire team to help you make the most appropriate financial decisions for your business. Nevertheless, it is good to keep in mind that every financial advisor will have different strengths to bring to the table. Not any one individual receives the same level of training and experience, so you must be vigilant in selecting a professional that is knowledgeable and capable of bringing you positive results.