Never stop marketing
Never stop marketing There’s a LOT going on in the world right now. This is not a political piece, yet it is diffiult to ignore the world-shaping events happening around us when considering economic forecasts and the future business lanscape. While many companies are still reeling in the aftermath of the pandemic, Putin’s war on Ukraine (which has escelated in recent weeks), has left many economists, world leaders, and us wondering, ‘ what next?’. While the data suggest that we may be heading for a global recession, there are things business owners can do to ensure they are in as strong a posision as possible to weather the storm: Manage your cash flow – In easy or difficult economic times, cash is always king. Cash flow can make or break your company. To get a handle on your company’s cash flow, look at your current cash flow statement daily, and start forecasting (if you aren’t already) with trailing three-, six- and 12-month cash flow forecast charts. Manage your costs – With inflation at a 40-year high, costs are up, and an economic recession is only going to make increasing costs more difficult. Do everything you can now to evaluate your operations and trim the fat so you enter the next recession already lean and mean. Stay on top of receivables – During a recession, everyone struggles. This means your customers might too. Make an effort now to evaluate your clients and their paying habits. Be sure to schedule contract renegotiations whenever possible to close up your pay cycles and shorten your sales outstanding figures. Make data-driven decisions – When times are tough, accuracy is crucial. Even if your instincts as a business owner are good, you need to consult your numbers, look at your company’s financial trends and evaluate forecasts before you make any changes in your business. Last, but not least: Never stop Marketing! – You might guess one way to conserve expenses is to cut back on your marketing budget, however continuing your marketing efforts through difficult times projects your company as a true leader, teaches your current customers they are in good hands, and gives new companies confidence to do business with you. Onwards and upwards! Daniel Gross – CEO All CEO's Thoughts Interviews and Insights Industry News Interviews and Insights Why Black Friday 2022 will differ from before 26 Oct 2022 Why Black Friday 2022 will differ from before Despite current downturns in the economy, evidence shows that the e-commerce industry is picking up and going back to pre-pandemic… Read More Interviews and Insights Interview with Sandra Jardim, Blogger/Founder of MammaBearLove 26 Oct 2022 Interview with Sandra Jardim, Blogger/Founder of MammaBearLove Our October profile is Sandra Jardim, mom to twins Gisela and Alaia and blogger/owner of MammaBearLove. She uses her blog as… Read More Interviews and Insights Interview with Kristin Weixelbaumer, Black Betty Design 14 Sep 2022 Interview with Kristin Weixelbaumer, Black Betty Design Our September profile is Kirstin Weixelbaumer, designer and owner of BlackBettyDesign.com. Founded in 2012, Black Betty aims to create unique and… Read More Prev123Next
Experience – the teacher of all things
Experience – the teacher of all things Harry S. Truman, the 33rd president of the United States once said that the reward of suffering is experience. September is a special month for us as we celebrate AdMarula’s 11th birthday. The past eleven years have certainly provided us with many challenges and opportunities to learn. We have made mistakes, hussled like crazy, solved problems, adapted, celebrated as we growed, cried as we lost clients during Covid, forged incredible business partnerships, helped companies grow, and done it all over again. Here are some of the biggest lessons I’ve learnt so far: 1.Fear is the greatest stopper – when running and building a business you will often find yourself in unchartered waters, having to do things you’ve never done before. Just do it! The fear of doing it is much worse than the actual doing, and you will figure it out along the way. 2. It’s all about relationships – we may live in a tech-centric world, but behind the tech there are still real people who need real connection. The technology will change and come and go, but strong business relationships survive the ebbs and flows of change. 3. You’re only as good as your team – I know this is a bit of a cliché, but that’s because it’s true. No manager or leader can grow without the team to help make this happen. Keep your staff happy and your clients will be happy too. 4. Doing the right thing gets you farther in the long run, but not necessarily in the short run – all industries have grey areas which some businesses chose to explore in order to gain results quicker, but the damage you do to your reputation, relationships and brand will catch up with you in the long run. Do what is right, always. 5. Are you a problem finder or a problem solver? Most people would rather not solve their problems, it’s sad but true. People would rather ignore them and hope they go away, but by going to the root and solving them you save unbelievable amounts of time, pain, and suffering. So be the guy who solves the problem, not the one who finds them. 6. There is no easy business – at least not what I’ve seen. That said, you CAN make your business simpler, which will make things feel easier. Businesses naturally increase in complexity as they grow, so it’s important to continually look for ways to simplify. Remember: Less is More! Finally, I wish you all a good Heritage Day and may we all use this day to celebrate what makes our country and its people so special. Onwards and upwards! Daniel Gross – CEO All CEO's Thoughts Interviews and Insights Industry News Interviews and Insights Why Black Friday 2022 will differ from before 26 Oct 2022 Why Black Friday 2022 will differ from before Despite current downturns in the economy, evidence shows that the e-commerce industry is picking up and going back to pre-pandemic… Read More CEO's Thoughts Never stop marketing 26 Oct 2022 Never stop marketing There’s a LOT going on in the world right now. This is not a political piece, yet it is diffiult to ignore the world-shaping events… Read More Interviews and Insights Interview with Sandra Jardim, Blogger/Founder of MammaBearLove 26 Oct 2022 Interview with Sandra Jardim, Blogger/Founder of MammaBearLove Our October profile is Sandra Jardim, mom to twins Gisela and Alaia and blogger/owner of MammaBearLove. She uses her blog as… Read More Prev123Next
R10,000 for 10 years – going to those in need
R10,000 for 10 years – going to those in need The best gift we can give as thanks for the past 10 years, is to help those in our community who need it most. In that light we have made two donations of R5,000 each to two local charities: Helderberg Animal Welfare (HART) – who go above and beyond to help abandoned or abused animals in the Helderberg area, and the Imibala Trust who works with children of school-age whose lives are affected by impoverished circumstances. The donations will go towards helping these charities to continue doing the crucial work they do in our community. All CEO's Thoughts Interviews and Insights Industry News Interviews and Insights Why Black Friday 2022 will differ from before 26 Oct 2022 Why Black Friday 2022 will differ from before Despite current downturns in the economy, evidence shows that the e-commerce industry is picking up and going back to pre-pandemic… Read More Interviews and Insights Interview with Sandra Jardim, Blogger/Founder of MammaBearLove 26 Oct 2022 Interview with Sandra Jardim, Blogger/Founder of MammaBearLove Our October profile is Sandra Jardim, mom to twins Gisela and Alaia and blogger/owner of MammaBearLove. She uses her blog as… Read More Interviews and Insights Interview with Kristin Weixelbaumer, Black Betty Design 14 Sep 2022 Interview with Kristin Weixelbaumer, Black Betty Design Our September profile is Kirstin Weixelbaumer, designer and owner of BlackBettyDesign.com. Founded in 2012, Black Betty aims to create unique and… Read More Prev123Next
Interview with Zissy Lewin, Nutreats.co.za
This month we chat to Zissy Lewin, writer, recipe developer, food stylist and MD at Nutreats.co.za, an online resource to healthy living and a digital content creation studio. A firm believer that healthy living is simple and attainable, Nutreats was created to share content that is all encompassing, inspires action, and showcases brands, products and books in a tangible way. With her love for recipe development, food styling and fitness, she gets a kick out of creating high quality food and fitness related content for brands in the health, wellness and lifestyle industry. Describe yourself in 3 words curious, fast, creative What made you decide to start your own business? I had an idea and wanted to see it through. My attitude has always been to just jump in, try things and act on ideas. If it works amazing and if not, you have experience and a good story to tell. Describe the typical Nutreats reader We have such a wonderfully diverse readership, but the common ground is that they have an appreciation for well-researched content. Demographically, our average reader is over 30, South African and loves physical activity, wellness, reading and of course food. How would you describe your content strategy? We always look to create content that leaves our readers with their cups full and has value. Our content strategy looks at healthy living as all-encompassing and this comes out in our content pillars which include mental and physical fitness, food and nutrition, beauty and home, self-growth, and learning. We’ve developed a knack for spotting trends, finding them locally and trying them out before they hit mainstream, sharing with our readers, and becoming a place to go to if you want to know the latest in wellness, food, books and fitness. How do you attract new visitors? Good quality content that is current and has a strong SEO backbone. In addition, we have always put a big focus on people and sharing their stories – whether it’s brands, athletes or people that have a story to share. We’ve always loved that story sharing aspect and it’s exposed us to new audiences and people that become loyal readers. Every great website should have…. An easy to find search button. How do you work with Affiliate Marketing/Advertising? We utilise affiliate marketing for banner ads as well as through shoppable links within articles that allow readers to purchase things we use and love. Affiliate marketing is still young in South Africa, and we would love to see more brands adopt it. What have been your highest highs and lowest lows on the journey of building your online business? Nutreats today is very different from what it was when we started out. We started as an online store selling sports nutrition and pivoted to being a hub of wellness and lifestyle content. Making the decision to pivot the entire business was both our lowest low and the highest high. Accepting and acknowledging when something isn’t working is both difficult and freeing. The world is a very different place now from what it was 18 months ago. Has it changed the way you do or think about business? Business before was very location based. Location matters less and it’s opened us up to being able to work with international clients as well as clients around the country. We’ve become more flexible and more focused on the immediate – looking ahead a month or two at a time instead of a year – which works better with the current uncertainty. Content wise, we’ve focused more on the home – things that people can do to enhance their lives within their own space. Where will Nutreats be in 5 years from now? Our vision for Nutreats is to be the best and biggest online wellness and lifestyle destination in South Africa that also has a physical presence in the form of products and events. Find out more at www.nutreats.co.za or follow them on Instagram: https://www.instagram.com/nutreats/
Why affiliate marketing is right for SME’s
As a small or medium enterprise, navigating the digital advertising landscape can be daunting and budgets are likely tight. Small businesses do not always have a dedicated marketing team to promote their business. Affiliate marketing offers a cost-effective, low risk and efficient way to drive more traffic to your business and increase profits. However, while having a terrific affiliate marketing network is a huge advantage for small businesses, you still need to be selective in who you choose. Rather than accepting everyone into your program, it is best to have a vetting process in place. In the same way that an ecommerce search marketing strategy impacts your brand’s visibility, your affiliates also impact your brand image and reputation. This is often where a reputable affiliate network company can help. Not only will they assist in finding publishers relevant to your offer/product, but they will also do all the checks to eliminate illegitimate sites and potential fraudulent traffic. A network should also provide transparent, real-time reporting on your affiliate program, assist with uploading creatives and content, and deal with the invoicing and payment of publishers on your behalf. You can of course run your own inhouse affiliate program, but you will need to allocate resources towards this and make sure you do your homework. Much like the search engine strategies used in ecommerce, affiliate marketing will help increase your product exposure and increase sales. Here’s a rundown of its benefits: Boost brand awareness. Every business’s online goal is to be easily recognized by as many potential buyers as possible. As affiliates drive more traffic to your website, they increase awareness of your brand and its reach. Because affiliates earn a share of your revenue, they have a vested interest in your success, are loyal brand advocates, and help build trust with potential customers. Broaden your targeted audience. Small businesses can tap into the audience of their affiliates and, as a result, expand their brand’s reach. These new audiences might not have been easy to target and identify using other marketing and advertising methods. By selecting affiliates who resonate with your brand, you ensure that the traffic you receive through an affiliate’s link will be targeted to those who find your products or services useful. Up your conversion rates. The ability to track how your business performs enables you to make operational improvements in the future. By collecting data from affiliate marketing tracking, companies can gain essential insights into where their customers come from and why they are buying. Studying and analyzing the rich collection of data helps companies improve conversions by making changes to their website, offering more engaging visual creatives, and identifying which affiliates bring in the most revenue. Save money. When compared to the costs of advertising or other marketing initiatives, affiliate marketing is far more cost-effective. Because it is performance-based, affiliates are only paid when they generate a sale. Businesses set up the commission structure in advance and avoid wasting money on ineffective advertising campaigns. Increase ROI. The performance-based model of affiliate marketing is built for profitability. Businesses are not paying for potential buyers through impressions or clicks, only for closed sales. This is one of the primary reasons small businesses choose to utilize affiliates to promote and sell their products or services. By channeling your promotion efforts through an affiliate program, you are gaining influence and direct access to a receptive, highly targeted audience more likely to buy from your company. Happy selling! The Publisher Team