Our team here at EnterQuest are planning to add
more value to your newsletter in the coming weeks and months to
make it even more relevant to your needs, and we'll keep it free
(and free of interruptions from ads) in the process. Although we
will continue to link you to other practical and mainly free resources
and websites that we like, as well as one or two of our own products.
We're also going to bring back our free half-hour
research service for every subscriber, for the foreseeable future
at least.
So if you're struggling to find information, data
or contacts in a particular market, need help to find or apply for
a grant, or just want to discuss your business idea, all you need
to do is e-mail us at support@enterquest.net and one
of our team will spend up to half an hour helping you with your
quest.
And we guarantee complete confidentiality, as we
won't publish your request in any of our bulletins or get you to
post them on online forums and discussion boards.
This week, we've also selected a useful factsheet
that will be helpful to anyone who's planning or in the process
of developing a logo for their business.
Here's the factsheet:
A Guide to Creating a Business Logo
You've all heard of Yuppies and Dinkys, right? For
a long time, consumers that fall into a particular "group", sharing
a number of social and/or economic attributes, have been classified
with a zippy name, which can be used as a handy label in your marketing
strategy.
Some of the best-known categories come from the
Mosaic classification system, which is a postcode-based means of
dividing the UK's adult population into different "types".
Information solutions company Experian has recently
updated Mosaic using new data from the 2001 census, electoral roll
and Office of National Statistics (ONS) demographics. They've identified
several new demographic groups, reflecting lifestyle changes and
evolving social trends, and now list over 60 different consumer
types.
Ranging from City Adventurers to Motorway Magnets
and Asian Entrepreneurs, this is fresh, up-to-date information on
the social structure of the UK's society.
Learning more about the key social and spending
traits of consumer types is an excellent way to kick off, develop
or improve your marketing strategy. By getting to know your prospects
in terms of where they live, what they do, and what their habits,
problems and pleasures are, you can tailor your sales pitch to make
sure that your business does a better job of meeting their needs
than any of your competitors.
To find out more about the new consumer types identified
by Mosaic UK, click on this link and follow directions to the press
release:
http://217.34.213.209/press_releases.cfm
For hundreds more tips and tactics for boosting
your sales using proven marketing strategies that work no matter
what product or service you sell, check out our UK
Small Business Marketing Bible
Legal
Sales calls and e-mails, the legal way
So your new product's been launched and you want
to follow up with some publicity by e-mail, a telephone campaign
and text messages (SMS).
It's an effective way of letting people know about
your business. But it can be tricky to stay on the right side of
the law, now that the Data Protection Act 1998 and the Privacy and
Electronic Communications Regulations 2003 are in force.
The law says you can only contact customers by e-mail
or SMS if they've specifically opted to join your mailing list,
which means they should have ticked the little box to let the list
owner know they don't mind. At the same time, you need to give them
the chance to ask for their names to be removed. You're still allowed
to contact people by phone, but again, they must be given the opportunity
to have their names taken off your calling list if they ask.
The "soft" opt-in - when people have contacted your
company in the past simply to ask about products, and you've got
their permission to contact them again - means you can e-mail, ring
or message them, as long as you always bear in mind the opt-out
option.
Contacting businesses is a different matter. You're
free to market to small firms (although not sole traders and partnerships),
as long as you stay in line with the Data Protection Act. This means
you have to identify yourself, provide contact details, and allow
your targets to unsubscribe from the list.
But from 25 June, businesses too will be able to
opt out of receiving unsolicited 'cold calls' by registering with
the corporate version of the Telephone Preference Service (TPS).
It's soon going to be against the law to contact any business that
has done this.
The DTI has an explanation of how the Electronic
Communications Regulations may affect your business, available online
at:
http://www.dti.gov.uk/industries/ecommunications/directive_on_privacy
_electronic_communications_200258ec.html
Advice about complying with the TPS system is available
at:
http://www.tpsonline.org.uk/tps
And for an explanation of the Data Protection Act,
follow this link to the Information Commissioner's website:
http://www.informationcommissioner.gov.uk/eventual.aspx?id=87
For hundreds more scenarios, frequently asked questions
and tips on complying with and understanding the laws that apply
to small businesses, check out our new service, the Red Tape BUSTER
IT
There's yet another worm on the loose
Have you heard the one about the Witty worm? We
didn't think so, but you've probably heard of Sasser, Netsky and
Blaster, as these worms were given more media coverage than Witty
has been granted since its arrival in March. But Witty, despite
the fact that it didn't infect nearly as many machines as its better-known
slimy colleagues, is a particularly dangerous breed of worm, and
according to experts, represents the future of these damaging viruses.
Here are a few disturbing facts about Witty:
- Despite only infecting 12,000 machines - hence
the lack of sustained media interest - Witty achieved this in
just 45 minutes.
- It was probably tested before being released
into the wild, because it had no bugs, flaws or other problems
that characterised other viruses like Sasser and Netsky.
- It was the first worm to be released through
a hacker-controlled, or 'bot' network of about 100 already-infected
machines, which made it easy for it to spread quickly.
- It was also the first worm to destroy the hosts
it infected. It worked by permanently destroying random bits of
data in relatively small chunks.
- It exploited a vulnerability in Internet Security
Systems (ISS) machines - but if it had chosen Windows, it would
certainly have been the most destructive worm to date.
- Unlike Sasser and Netsky, Witty's author is still
at large.
According to the International Computer Science
Institute, Witty represents a new type of malicious code. Very fast
and very destructive, it was written quickly - less than two days
after the vulnerability it thrived on was announced - and written
cleverly so that it could spread fast, randomly, and avoid the firewalls
that we think protect us. And that's not very funny at all.
To read an in-depth article about Witty, go to:
http://www.icsi.berkeley.edu/~nweaver/login_witty.txt
With inboxes stretched to breaking point and spam
filters preventing most things getting through, the future of e-mail
is hanging in the balance. Even Bill Gates himself has questioned
the value of e-mail to today's overloaded information society. He
suggests weblogs could be the best way for businesses to communicate
with their customers in the future. Meanwhile, techies in the US
are calling for new e-mail systems to incorporate instant messa
ging software, RSS and encrypted authenticators, and Yahoo!, Microsoft
and Google are all dipping their toes in these waters with several
tests and new developments on the cards.
To read more about the future of e-mail, go to:
http://www.wired.com/news/print/0,1294,63692,00.html
New
advice on 'cold calling' ...
Earlier in the bulletin, we discussed how to comply
with the law on cold calling. Because of the forthcoming legislative
change on 25 June, the Information Commissioner's Office has updated
its guidance booklet on the new regulations that will apply if you
make sales calls to other businesses. The new guidance also clarifies
the law governing text messages, e-mails and automated telephone
calls.
To download the guidance, go to:
http://www.informationcommissioner.gov.uk/cms/DocumentUploads/Corporate%20Registration%20on%20TPS.pdf
...
but telesales "most annoying" form of marketing
A Canadian research project that assessed how well
- and badly - different forms of marketing are received by consumers
has revealed that telemarketing winds people up more than any other
type. The surveyors asked respondents how intrusive and annoying
different marketing tactics were. After cold calls came website
pop-up ads, closely followed by spam e-mails. The least offensive
marketing ploys, according to the survey, are billboard and press
advertising. It's important to be aware of the potential negative
perceptions of your business that certain types of marketing strategies
might generate, before investing loads of cash into a new campaign.
To read more about the survey, go to:
http://www.prophis.com/pr/how%20annoying%20is%20that.pdf
Worth
a visit
The
long road to Longhorn
Microsoft's announcement that it will extend its
support lifecycle for its business products to 10 years might be
good news if you currently use Windows 2000. Many users of the 2000
application want to avoid switching to XP before the new version
of Windows, codenamed Longhorn, is released (which could happen
in 2006). The extended support phase may mean that Windows 2000
users can rely on sufficient extra support to tide them over until
they a re able to upgrade to Longhorn.
Get in-depth details about Longhorn and its new
features here:
http://www.extremetech.com/slideshow/0,2394,s=200&a=126556,00.asp
Yahoo!
says boo to spyware
Yahoo! has launched a beta version of a new spyware
detector. Anti-Spy scans computers for malicious software; you can
then choose whether you want anything suspicious to be deleted.
Although releasing the version in beta means that we will effectively
be doing Yahoo!'s testing for them, Anti-Spy is free to download
and is a good way of checking that your PC isn't harbouring any
nasties without your knowledge.
To get more details about the beta version of Anti-Spy,
go to:
http://beta.toolbar.yahoo.com/antispyware
Techie
goodies for all the family
If you're one of those non-technical techies, i.e.
the type of person that wants to teach yourself and find your own
way round html, website design and all that sort of IT stuff, then
this site is one of the very best we've come across.
Check out:
http://www.htmlgoodies.com
Personality
test for businesses
There are plenty of personality tests to check whether
you are suited to being an entrepreneur, but what about one that
assesses the personal attributes of your business? This free test
looks at aspects like your business's receptiveness to change and
its image as perceived by outsiders. When all the questions have
been answered, the online report places your business into categories
such as Hunter, Farmer, Hollow and Traditional, and suggests the
proper balance a successful business should have.
Test your business online at:
http://axa4business.mbdev.co.uk/companypersonality
Get
active with Gimpsy
Gimpsy is different from most other web directories,
in that it only lists results that enable you to DO something, and
it tries to ascertain exactly WHAT you want to do in order not to
divert you to lots of irrelevant sites. The homepage lists a series
of active verbs - buy, trade, subscribe, make, learn - and users
simply tell Gimpsy what they want to do. It only accepts sites that
provide an online activity into its directory, and you can al so
specify a local area to maximise the relevance of your results.
Check out:
http://www.gimpsy.com
Worth
a read
We've
recommended the original version of this book before for its practical
guidance and inspirational advice on persevering with your marketing
strategy. It's now been rewritten specifically for entrepreneurs
running businesses from home, and covers how to effectively promote
and publicise your business using creative, low-cost tactics that
are proven to work. Check out:
Just
one word answer
The answer is b) leverage means using borrowed, or 'debt', finance
to generate more money from other sources than the amount borrowed
in the first place.
A business with more debt than equity is considered to be highly
leveraged.
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Good
luck
The EnterQuest Team
This
information is meant as a starting point only. Whilst all reasonable
efforts have been made, the publisher makes no warranties that the
information is accurate and up-to-date and will not be responsible
for any errors or omissions in the information nor any consequences
of any errors or omissions. Professional advice should be sought
where appropriate.