4 Simple Steps for Taking Control of Your Website
Empower your website by maximizing the tools available through web hosting services.
Twenty years ago, a web host served as your website’s publisher. It was where you turned to store your website files to be accessed by browsers, as well as to buy your domain name and get your business email addresses. Today, it is really a tool for establishing your web presence.
Web hosting platforms are more comprehensive than ever before and can serve your business well beyond providing the technology necessary for your website to be viewed online. Many hosting services automate sites to be mobile-responsive and offer email and other collaboration and communication options, like social media integration and file sharing. Web hosting can also automatically submit your site to search engines, improving your SEM and SEO.
If you don’t have a website, or your website is lacking these critical features, it may be time to consider shopping for a web host.
First off, if your business doesn’t have a website, it’s time to get one. According to USA Today, small businesses with websites grow 40% faster than those without, and 41% of small business owners believe their website is the prime revenue driver for their business.
“It used to be overwhelming for a business owner to even think about starting his or her own website, but now you can go out and start to play with a website building tool and really get how easy it will be,” says Jim Ciampaglio, vice president of Indirect Channel at Hostway, a cloud, managed services and web hosting provider.
When you decide to take charge of creating or managing your own website, first consider four initial steps in the process before selecting a provider.
Step 1. Define your goals
Before you create a website or switch your website host, clearly define your goals in doing so. Do you want to have more flexibility when making updates to the site? Do you want to have increased integration with your social media platforms? Or, do you want your site to be more mobile-responsive?
Consider that 78 percent of mobile searches for local business information result in a purchase. To capitalize on this, make sure the web hosting solution you choose has an automated mobility feature so that no matter what template you choose, the scope and scale of the website will resize for the size of screen any visitor uses.
“This can be a good opportunity to do more than launch a new website or redecorate your existing one,” says Ciampaglio. “You can look at how your business can be better served by your site. Maybe you want to start selling online. A business might be looking to evolve their site from a brochure-type website that says ‘Here are my hours, give me a call’ to start processing credit card payment and do more things.”
You will also want to make sure that the web host you choose helps you maximize SEM and SEO by submitting the site to all the major search engines.
Step 2. Move your site
“When you start moving your website over, it sounds very scary, but the only thing that becomes task-oriented is transferring your domain,” says Ciampaglio. “But really, it’s analogous to changing your mailing address at the post office. The IP address needs to be mapped from your old hosting service to your new hosting service. If you have questions while moving from one provider to another, call the web hosting company for guidance.”
WordPress, Drupal and most other off-the-shelf content management systems are highly portable and can be moved from one host to another fairly seamlessly. If your business has a site built on a custom content management system, you will want to check with your host for the best way to move your site.
Step 3. Take the DIY approach to web design
In the past, updating or redesigning your website meant paying a designer. With the website building tools available through web hosting providers, you don’t have to know code to create a beautiful and effective website.
Most providers have drag-and-drop templates in which you can easily paste text and upload images and logos. If you are not design-savvy, industry-specific templates are usually available to make sure your site is not only attractive, but professionally appropriate as well.
Step 4. Check for upgrade opportunities
As your business grows, your needs will change, and so will your website. Make sure the web hosting service you choose allows for upgrades on a fluid basis, and offers the most comprehensive tools to enhance your site.
Setting prices for your product or service involves so much more than a simple equation of earning more than you spend on overhead. Set prices too high, and you could sacrifice volume. Price too low, and you may be leaving money on the table. Gaining the confidence that you are pricing to sell requires a long-term focus on your organization’s goals, along with flexibility to address a fast-changing business environment.
Start by adding value
When setting or changing prices, your focus should not be on short-term earnings, but on the organization’s goals over the long run.
“The key is to focus on increasing your perceived value by adding additional value to the customer experience,” says Charles E. Gaudet II, CEO and founder of Predictable Profits and author of The Predictable Profits Playbook. “Rather than focusing on how you can cut costs and compete on price, find ways to become the most expensive competitor in the industry and still have customers lining up to do business with you.”
In other words, an effective pricing strategy is one that takes the focus away from price altogether, instead emphasizing the quality of your products and services. If you are able to distinguish your offerings from competitors based on how good they are, rather than how inexpensive they are, price fluctuations will be less likely to impact your customers over the long term.
“Most business owners underestimate the lifetime value of a customer—often significantly,” says Ben Landers, president and CEO of Blue Corona, which creates and executes marketing strategies for businesses. While a low price might entice a first-time customer, it is unlikely to help a business hold on to that customer over the long run.
Discounts are the exception
Of course, there are occasions when offering a discount benefits the organization and strengthens its relationship with customers. When it comes to offering discounts or considering price reductions, small-business owners should ask themselves “What is the long-term value to your customer?” That’s the opinion of Anis Qizilbash, founder of Mindful Sales Training and author of the book Grow Your Sales, Do What You Love.
“When you give the discount without the customer asking or expecting it, it only costs you money,” she says. “In a face-to-face sales scenario, discounting too early leaves the customer feeling like they could have gotten away with more.”
If someone has already purchased from you and knows how much you typically charge, the discount will carry much more value and be seen as an exception, rather than the rule. If you earn a new customer on a discounted price but the next time they come in the full price has returned, chances are they will feel like they are paying too much for something they previously got cheaper and will go elsewhere.
The goal is to make it clear that the discount is an exception to the usual value of your products or services. Part of this is to give a clear length of time for when the discount will be offered.
“A 15% discount for a March special can create a sense of urgency, but the tactic only works if the customer knows the original price,” says Qizilbash.
Another effective approach is to reframe discounts as “rewards” for preferred customers, or encourage increased frequency (e.g., “sign up for auto-ship and take 10% off”). But even in these cases, discounts and freebies should be offered sparingly, keeping the focus on quality, not cost.
Manage price hikes
While price hikes might seem like a completely different approach than discounts, the strategy to managing them is similar: emphasizing the value of your offerings. When you announce that prices will be going up, explain why you are having to raise them and stress that you are doing so chiefly so you can continue offering your services and products at the same high level of quality that your customers expect. For example, if you run a coffee shop, explain that the price of the kind of fresh, high-quality beans you offer has gone up, so the cost of a cup of coffee unfortunately must also go up if you are going to keep selling the best coffee out there.
However you frame the price increase, make sure customers are well aware of it in advance, posting that prices will be going up at least a month before they do. This not only ensures customers won’t feel surprised but allows you to demonstrate that the increase has been carefully deliberated and determined to make long-term business sense—rather than an abrupt attempt to boost revenue.
As with anything else these days, there are several pricing apps on the market. By taking a data analytical approach to pricing, you can maximize your revenue and profits. Depending on your industry, there are many tools that can help you set or revise your pricing.
For B2B service providers, there is Propricer, a software product that organizes cost data, including labor, materials and other direct costs, and allows users to update and revise offers. If you are in a consumer-facing industry, Quosal leverages data and business intelligence to help you create the most advantageous quotes. Feedvisor configures pricing for e-tailers and Amazon sellers.
No matter how you handle pricing decisions in your business, the key to ensuring your products and services are priced to sell is to understand where you are in the market. If you’ve got referral business, loyal customers, well-trained employees and an incredibly well-done website, you can afford to be a bit aggressive on bumping up prices. However, if your marketing is out of date, you are not getting much word-of-mouth business, and your prices are the same or higher than your competitors, you may want to hold off on changing prices and focus instead on improving your customer experience.
This Time Warner Cable Business Class article includes references to websites created and maintained and services provided by third party entities not affiliated in any way with Time Warner Cable Inc. Time Warner Cable provides this information solely for our Business Class customers’ convenience. Time Warner Cable does not control or guarantee the accuracy or completeness of information contained on any third party website nor does it endorse the views expressed or products/services offered by the third parties. All users accessing any website referenced in this newsletter will be subject to the policies of the owners/sponsors of the third party website. Time Warner Cable assumes no responsibility of any kind for damages that might result from use of the third party services or websites. All trademarks remain the property of their respective owners.