The
Electronic Revolution
Will Networking Change?
The
next wave is coming and if we want to succeed in the 21st Century we better
be able to ride that wave! E-Commerce is the topic on everyone's lips
- what does it mean when it comes to building more profitable connections
using networking?
According
to Andersen Consulting in a special marketing supplement for the Toronto
Globe and Mail the best strategy for companies to remain competitive is
to think big, start smart and scale fast!
Statistics
show that Canada is in last place with only a 4.05% share of the global
economy compared to the United States with 36.2%. How can we implement
the strategies suggested?
The
following suggestions will help readers "ride the wave":
Know
your market! Select your market (country) based on the need you perceive
for your product or service. To find out if there is a need connect with
your embassy or consulate in the countries you are targeting. They have
the knowledge and they will happily share - building your business is
why they are there! Go to your local library or World Trade Centre - check
out the National Trade Data Base - this is updated monthly and will be
a wealth of information. You can subscribe and receive information on
line.
Know
your competition! Find out who your competitors are both domestically
and internationally - who do they sell and export to? They probably have
a web page - check it out - do they list their products and services?
Do they have a catalogue - is there an opportunity to join venture? Connect
with the Chamber of Commerce in the country you are targeting - ask for
the membership directory. Use your resources - do you have colleagues
from that country in your existing network - who do they know?
Virtual
Trade Events - Governments are moving towards specialized events that
provide on-line trade shows that participants can log on, meet potential
strategic alliances and joint ventures without having to leave the country.
The problem being encountered by many is how to build the relationship,
when there is no actual face to face meeting with the contacts. The first
and most important ingredient for anyone who is part of one of these events
is to have an easy to navigate web site that provides not only a business
profile, but also insight into the corporate policy of the management.
Companies and individuals need to find common denominators in order to
build a relationship that will eventually build business.
Learn
Virtual Etiquette - Have an attractive front-end for all virtual contacts.
Get an attractive fax cover sheet designed which conveys who you are and
adds credibility even before the contact reads the contents. Record a
warm, friendly and highly professional greeting on your voicemail. Speak
slowly and distinctly - your international colleagues may not have English
as a first language. Get a professional sounding email address - one that
says who you are and what you do.
Become
an articulate communicator - The fact is - you have to show your style
by using words that provide the picture of a successful business person.
Strengthen your vocabulary, improve the tone and quality of your voice.
Get a better on line personality, attitude is everything! Do whatever
it takes to provide the expressive words, exclamation points, asterisks
and underlining techniques that interest and excite your potential client,
customer or partner. Don't use CAPS when emailing - recipients will think
you are yelling and will simply push delete! You will have lost your chance
to build the relationship because virtually, you no longer exist.
Be
Ultra Sensitive to the recipient - Imagine that the person receiving your
email/fax/call has had a bad day - often there are very few clues - but
be aware, sometimes it is better to assume the worst and communicate from
there. Be friendly, misunderstandings occur more often in virtual communications
than they do during an in-person communication. Wait 24 hours before replying
if you find yourself upset by the communication.
Virtually
touch the other person - use their name at least twice in your communication.
You don't have the opportunity to shake hands, smile or make eye contact
- repeating their name is one way to bridge the gap.
Be
succinct and absolutely accurate - Value the other person's time even
more than you do your own. When communicating virtually, you're likely
to be in touch far more often. Try to make your point in 4 sentences.
Check your email for spelling, grammar, - double check for accuracy for
phone, fax and email addresses and instructions. Don't gossip - virtual
privacy is becoming an oxymoron.
Adopt
an end of business day reply policy - For every hour that you don't respond
to a virtual communication, you'll lose 1% of whatever the opportunity
was, whether it's new business, the chance to retain an unhappy customer
or helping an employee do their job well. After 4 days, you don't have
much left. Reply promptly for the best results and the greatest credibility.
The
electronic revolution will change the way we do business - we will need
to become more aware of our entire network, tapping into the resources
and skills of our neighbours, friends and business associates. No longer
will we be able to connect face to face - virtual referrals will become
more important as we grow. On line referral clubs, official matchmaking
associations, relationship building experts and introductions services
will become the next "fast" product.
Donna
Messer is an international speaker, trainer, facilitator and author. Founder
of ConnectUs International, the company designs, develops and delivers
business training programs. ConnectUs also offers a unique matchmaking
service which links businesses to opportunities around the world.
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