Most people have no idea as to how to scale their online business. There is a big gap between a startup and a medium-sized business. Scaling is an art that needs to be done carefully. Acquiring the wrong partner or business deal can have severe consequences. But scaling does not have to be expensive and there are many free and organic methods of scaling an online company. Online businesses have an advantage in that scaling the infrastructure often only requires a new hosting plan for a web site.
Most solopreneurs think that scaling involves acquisitions or significant partnerships. But scale can be on a much smaller level. If you hire a virtual assistant to complete the tasks that you don’t want to do, such as social media or email marketing, then you have effectively scaled. You will now be freed up to do more of what you love to do and can expand the business in whatever direction you see fit. There are many freelancers available on sites such as Upwork who can deliver high-quality work for a very reasonable price. As you build a network of reliable freelancers, you only pay them for specific tasks that need to be done.
A good way to scale is to collaborate with people in your industry. Solopreneurs often fail to see the value of joining forces with other people in the same sector, often preferring to do everything by themselves. But establishing a network of associates within a particular field is ideal for long-term success and effective scaling. They might have skills that you do not possess or have a different way of looking at things. You can link to each other's sites and perhaps even form your own company down the line.
Automation is another great way to scale your business. You can use an automation tool to complete tasks such as social media posting, email marketing, customer support, search engine optimization, and sales. Automation is one of the best ways to increase your output and it can free up your time to focus on the things that really matter. For example, Hootsuite and Buffer are among the better automation tools available in terms of social media management. You can see how your brand is doing across a large variety of social media platforms on one easy dashboard.
Automation is going to be the way forward for online businesses of the 21st century. Those that automate are going to be the most successful. There is an automation tool for all possible tasks, from email marketing to paid advertising models. The trick is to find the automation tools that fit into your lifestyle and business model. Here are 3 of the better automation tools out there.
MailChimp is an email management service that can assist in streamlining email campaigns. MailChimp is a favorite email automation tool for startups and digital nomads. It is known for its ease of use and is the biggest email automation tool out there. Email marketing is still a very lucrative business model. This is because while people may change their social medial platforms, they tend to stick with the same email address. So building up an email list is a great way to keep in touch with potential customers over the long term. Even aside from pure email marketing, it is always a good idea to maintain an email list to keep customers regularly engaged. For example, those who are creating a blog will also need to maintain an email list and MailChimp can assist with this activity.
HootSuite is the perfect platform to automate social media strategies. It can be used to monitor how your business is doing across different social media platforms such as Facebook, Twitter, Instagram, and LinkedIn. You can see how your brand is performing through the simplified HootSuite dashboard. It is also possible to schedule and update posts as well as to create social analytic reports. The ability to schedule posts is a powerful feature that many freelancers and business owners are starting to take advantage of. It can significantly free up time. HootSuite is free for a basic personal subscription, though there are upgraded premium options.
Hubspot is an inbound marketing and sales automation tool that is extremely popular within the online business community. Marketing and sales is a difficult part of any business enterprise, and Hubspot can help to ease the burden. It comes with a free customer relationship management (CRM) system and is free to use. It allows for email marketing and automation, lead generation, analytics, meeting scheduling, customer feedback, and ticketing. Hubspot has a massive online community who are very active and this is a very well-regarded automation tool that can streamline marketing campaigns.