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November 12, 2008
The following article was written by our senior partner before we heard
of "the credit crunch" and "economic downturns"
in the UK and even before the Mervyn King, the Governor of the Bank
of England, started hinting at or admitting that we might be in a recession
and we knew that the British Banks were in problems. Perhaps at Canterhill
we don't earn the same level of income as Mr. King (but we wonder why
when the writing was on the wall and being ignored!) but we do know
business and can forecast for our customers and provide sound advice.
This kind of "backup" is not available from Web Design companies
without our extensive business background. At Canterhill Consulting
the future of our customers is important to us.
May
18, 2008
Are we going to enter a recession in 2008, are house prices going to
drop substantially and are food, oil and gas prices going to continue
to increase? Certainly some industries are already beginning to see
sales slow and none more than those trying to promote what might be
termed as luxury items. What can happen during these periods is that
while many businesses can struggle or fail because they just do not
know how to adjust, others can prosper because they benefit from an
adjustment in thinking by the average man in the street. For example,
during times like this, "do-it-yourself" businesses can actually
flourish because rather than call in outside contractors to do small
jobs around the house, people will visit the local hardware store and
"have a go" themselves.
What is important to the majority of businesses is to keep assessing
their sales and returns on sales to continually compare with previous
results. Certainly, although there may be a lot of "lookers"
on the Internet, it is probable that converting visits to sales is going
to become increasingly difficult and percentage returns are likely to
drop. Therefore, it is even more important to monitor and attempt to
increase the visits to your site. Probably one of the worst things at
the moment is that because this follow up was not previously required
as the economy managed to produce profits for bad managers in spite
of themselves, matters could soon be finding these people out - and
sooner rather than later.
At present, do you know how many hits you have on your site on a regular
basis? Do you actually know what a "hit" is? A "hit"
is a vague term and can cover up a wealth of poor reporting by some
Internet "designers". Most of all, how much does your web
designer actually know about business. It's all very well having a pretty
site with lots of bells and whistles but if it has unnecessary pages
and confusing information then it will be you that eventually suffers
as a consequence. You do need to know how many people visit your site
and how many pages are looked at.
Without confusing the issue too much, here is a quick list of things
to look for:
- Has your Web Designer got a business background and how much can you
really trust his advice. (In general, be careful of part-time web designers.
They're only looking for a bit of extra cash and they don't have to
rely on you to pay the bills.)
- Have you looked at the other sites produced by your web designer?
Is the layout on the other sites the same as yours? If so, this designer
is just churning out sites and yours means nothing to him. Some hosting
sites provide a background program to achieve this and in fact, your
designer knows very little about design and even less about your business.
- Don't allow your site to become stale. A static site shows how interested
you are in your own business - you have nothing new to offer. Most of
all, if you are going to use pictures, make sure they are relevant and
of good quality.
Obviously,
books have been written on the subject and usually by "computer
geeks" trying to sell the fact that anyone can build a web site
rather than by business people who know how to build up the returns
from your investment in the site. If we enter a period of recession
then it won't be a computer expert that will help you out of the possible
consequences. If you need advice or assistance then please feel free
to contact us at sales@canterhill.co.uk
This
short article was written by Peter Blanche, one of our senior partners,
who is an Associate of the Chartered Institute of Bankers and a Fellow
of the Institute of Canadian Bankers. During his banking career, Peter
spent approximately 10 years dealing with bad debts, bankruptcies and
administrations - so he does know a little about what goes wrong with
businesses and why!! |