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by Terry Brock

It really is quite easy. You can blow it on the Internet by having the
wrong assumptions. Perhaps we can learn what to do by looking at what not
to do. Here are some ideas that will help a company to go out of business
on the Internet fast.
Five really cool ways to blow it online
1. Have a really slow website that has lots and lots of graphics showing
what you think are really cool. After all, you tried it on your really fast
T3 or T1 line at the office and it loaded fast. Why don't those pesky
customers just upgrade their crummy ole' 28K modems to what is really
"cool?" Just who do they think they are, the ones who pay the bills?
2. Don't leave any contact information on your website to avoid the remote
possibility that customers could contact a live human being with a real
question. You get to avoid all the calls and inquiries from customers if
you carefully hide any reference to where you are and your phone number.
This is a really neat strategy that lots of software companies followed just
before they went out of business. It is also really aggravating to
customers. And if any of them every happen to get through to you on the
phone, just remember the classic, customer-endearing acronym used by support
personnel "Read the Freakin' Manual." Customers will really remember
that! After all, if they have a question, they should be the one to answer
it.
3. Realize that the Internet changes everything so the only thing that
matters is the Internet. Live in your own world and ignore everything
else. Don't listen to their feedback. Instead, go ahead and make your
plans regardless of what others say or do. After all, if you're in
technology you already know everything that needs to be done, right?
4. If things look bad in the economy, assume that the Internet is finished
and cease all your efforts online. The Internet must have just been a blimp
on the screen, right?
You don't have to blow it online. By rethinking some of the hype that
occurred in recent years and focusing on sound business principles you can
succeed online today and in the future.
George Colombo in his new book, Capturing Customers.com says that the
Internet should be part of the solution. The old ways of reaching customers
is still valid. We have to look at the Internet as another channel by which
we reach customers. It is another technology like phones, fax, radio or TV.
Actually, the Internet has lots of features from each of those communication
tools. Remember that the Internet doesn't change the way people want human
care and interaction. The Internet is simply another way to reach
customers. It is a very important tool and should be used properly.
You can use the technology of your website to get feedback from people. Use
forms. Call them on the phone. I remember Scott Cook, formerly with
Intuit, which makes Quicken, told me that he would make it a regular
practice to get on the phone personally and talk to customers every week.
He's ask them what they like and don't like about the product. The power of
Quicken and its place in the market came about as a result of this and other
sound business principles. No matter what your business, don't forget the
importance of that personal contact via phone or in person with real, live
customers.
This is the time to grow in today's economy. Economic cycles have been
with us throughout history. Think of them like the change of seasons. We
are entering a Winter time now but Springtime is just around the corner.
Prepare now for the great opportunities. Think back long ago when things
were going strong (you remember, about a year ago?). We heard about the
dramatic growth in companies and how their stock prices had done so well.
Then we wished that we had invested in those companies years ago. Well,
today is the "years ago" time to invest for the future! Look for value and
sound principles. A dose of reality: Just as the dot coms learned that you
can't build a business on stock price and hype alone, the market should
learn now that doom and gloom aren't reality either.
Wisdom from the ages has often said to now keep all your eggs in one basket.
Andrew Carnegie modified that by saying, "Keep all your eggs in one basket.
Then watch that basket very closely." I think what the great industrialist
meant was to focus. He did have many "baskets" going during his life. He
focused on one thing at a time and made that enormously successful. Focus
with laser beam intensity on one project at a time and complete that
successfully. Then move on to other projects. You'll also do better on the
subsequent projects as you gain from a better knowledge base, experience and
confidence level from past successes.
There are enormous opportunities now. It is a time for rethinking the
strategic role that technology will play in your business future.
It is actually very good that the river of venture capital cash has slowed.
Now the cash has to come from serving customers---that means from sales.
Now, there's a concept! I think that in the long run most of us will be
better off if we have to figure out early on how to serve customers and not
worry about having someone fund huge amounts of venture money.
Think bootstrapping. This builds lots of critical skills. It is too easy
to get fat and happy when cash is sloshing around too easily.
So we don't have to blow it online or offline. Instead, now is the time to
marshal your forces and move forward.
Terry Brock is an internationally recognized professional speaker,
consultant and author in the fields of business productivity, technology and
marketing. His is a syndicated columnist for Biz Journals across America
and can be reached at 407-363-0505 or by e-mail at terry@terrybrock.com

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