The long days and warm breezes of summer are here at last! Your projects are completed and clients could be heading out of town, en route to vacation. Maybe a client or two will green light new work just after Labor Day? You also may have a vacation scheduled—but what else will you do this summer? While it may be tempting to succumb to a summer siesta, July and August don’t have to result in lost business momentum. You may decide to work fewer hours, but you can still be productive.
This summer, you can choose to be creatively resourceful and move your business forward in key areas, even while many clients and prospects are otherwise engaged. In fact, because many clients and promising prospects who remain on your radar screen may be more available during July and August (when they’re not vacationing), it may be feasible to schedule some client face time. Positive business relationships are a competitive advantage, able to magnify feelings of trust and credibility that can make a difference when you’re on a short list for being hired.
The summer slowdown is also an excellent time to conduct strategic planning. Unless this time of year is a busy one for your organization, you may find the summer months to be conducive to examining your business operations, financial picture, marketing ROI, workflow efficiency and other areas that will get your company organized and operating efficiently. Once Labor Day rolls around, you’ll be happy that you gave yourself a jump start as the busier fall and winter seasons approach. The six strategies suggested below are meant to inspire you to take decisive action during this season and prepare your business to flourish and grow like a garden in summer.
1. Launch a Gratitude Campaign
While technology has enabled us to communicate and connect from any location that supports internet access, virtual and other online conversations cannot replace the power of face2face relationship building. To that end, consider scheduling meet-ups during July and August. The summer months are usually an ideal time to catch up and sit down with your professional contacts in your locale who’ve been especially impactful—clients, colleagues, prospects who were almost clients, your business support team—bookkeeper, accountant, business attorney, internet security expert and website host—plus the referral sources who have been your cheerleaders. Whether you meet over a “power” breakfast buffet, an al fresco lunch, or after-work drinks at a roof top bar, showing those who’ve advanced your success how much you appreciate their support by inviting them to be your guest will display your gratitude.
2. Host an event
Why not celebrate summer by hosting a networking event? Everyone loves a good party and an invitation to a summertime get-together has the potential to make those on your guest list anticipate a good time and happy to RSVP. A weeknight networking meet-and-greet event could be a wonderful way to nurture important relationships and get to know a few people better as well. A prime source for your guest list could be locally based LinkedIn or other social media business connections. You might also invite other colleagues with whom you’ve become friendly, including those you’ve gotten to know at business association events you attend, whether or not you are a dues-paying member. Schedule your reception to begin at 5:30 PM or 6:00 PM and run for two hours. Order three or four light hors d’oeuvres and consider offering guests a gratis glass of sangria (maybe with a limit of one drink per person) until it’s gone—after that, it’s a cash bar for all and the conversation is sure to flow.
3. Offer summer promotions
Summer sales and special offers are common in certain industries and may work well in yours. The goal of your promotion will be to pique the curiosity of clients and prospects and tempt them to do business now, in order to save money. For example, you might offer a promotion where clients can refer someone to you and receive 15%-20% off their next service or product purchase. Depending on your business and behavior of your clients, a summer promotion may or not may not be lucrative in the short-term but may instead persuade a lapsed client to reconsider your services and products or convince a previously reluctant prospect to finally do business with you. If the outcome of your summer promotion succeeds in generating revenue from either current, lapsed, or new clients, you would be wise to tweak the promotion and repeat the campaign during the December holidays or New Year.
4. Assess and refresh the customer experience
So much of client retention is connected to their perception of the experience of doing business with your organization. Life (and business) is about managing expectations—and you can obtain first person insights on how clients feel about the experience you deliver by sending out a four or five question survey. It’s good business to invite clients to express what they appreciate and would like to see more of and as well, let you know what is no longer useful.
Give your survey good visibility—send it with monthly invoices, post it on your website and social media home pages and distribute it by SMS (and simultaneously test client reactions to that format, if you haven’t previously communicated with clients in that fashion!). Be sure to include a response deadline on the survey to encourage quick replies and give yourself enough data to analyze answers and decide what, if any, changes to incorporate.
Your survey can also be a pathway to collecting and amplifying user-generated content, a resource that can be an excellent strategy for gaining brand exposure and showcasing original content. Using the business’s location geotag or a unique but simple hashtag can incentivize customers to share their experiences, delivering authentic social proof and organically expanding the reach of marketing activities.
5. Optimize business operations
How much more revenue might your entity generate or how much more time would you have—for self-care, family time, social activities, or working on the business—if you outsourced one or more operational functions? You may already have a retainer arrangement with a network manager to keep digital operations up and running and providing cybersecurity, but who else might you hire? What would describe the job specs and how many hours per week seem necessary? Also, how much can you afford to pay? Or maybe it would be better to explore tech or artificial intelligence solutions to automate certain functions, whether client invoicing, email marketing, or chat bot responses to prospect inquiries? A worthy goal for any hiring that you do is to promote optimal customer service while minimizing administrative overhead.
6. Get an SBA/SCORE business coach
Rather than attempting to figure out important business decisions by yourself, why not contact the Small Business Association and ask to be put in touch with one of their experts who can help you to address the issues referenced in item #5? Founded in July 1953, the SBA has provided high-quality and comprehensive business development guidance at either no charge or for a modest fee. SCORE, the Service Corps of Retired Executives, was founded in 1964 as a 501(c)(3) not-for-profit organization, is the nation’s largest network of volunteer, expert business mentors and a resource partner of the SBA. The mission of SCORE is to support SMBs, including Freelance professionals, with mentoring and educational workshops.
More than 13,000 active and retired business professionals, all of whom have entrepreneurship or senior-level corporate experience, volunteer their time and contribute their expertise to regularly meet with their SCORE clients to mentor and coach aspiring and established SMB owners. Mentors work with their clients to address issues and communicate best practices related to starting and growing a business, including writing a business plan, developing products, devising marketing strategies, financial management and business financing options, operations and hiring staff. Clients may connect with a SCORE mentor either virtually or face2face. Furthermore, SCORE presents a wide range of services including training, webinars, online workshops, courses on demand, and a library of online resources.
The SBA also supports female entrepreneurs at its Women’s Business Centers and focuses on veterans of both genders at its Veteran’s Business Development Offices, which operate in all 50 states. Members of Native American tribal communities, along with Native Hawaiians and Native Alaskans, may choose to work with the Office of Native American Affairs, which is also an SBA-sponsored program. Outside of the SBA, Native American current or aspiring business owners and Freelance professionals might also investigate The National Center for American Indian Enterprise Development in Mesa, AZ and/or the Native American Development Corporation of Billings, MT.
Thanks for reading,
Kim
Image: ©skynesher/Getty Images
