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Blogging For Your Small Business: What To Know Before You Start

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ValueWalk


If you’re a traditional small business owner, chances are you’ve heard of blogs that can help increase online traffic to your website and social media platforms.

In the highly digital era, where consumers are actively engaging with their favorite brands and companies online, there are several good reasons why a blog could benefit your small business.

It’s true, blogs can help increase your website’s popularity, even with more than six million blogs posted each day, blogging is a key driver of marketing success for both small and large businesses alike.

What’s more, it’s been found that blogs drive 55% more website visitors, and can get up to 97% more inbound links. That’s a lot of traffic for a small business, and whether you’re running a small salon or even a bakery, blogs can help link your customers with your online webshop or even your social media.

Though there are a lot of positives that highlight the good side of publishing blogs, there are some key elements that make up a good blog post, even if you don’t consider yourself a wordsmith of note.

Getting started is perhaps the most difficult part, because what do you write about, better yet, what do your clients want to read about your business or the industry you’re operating in? There’s a lot to consider before jumping right into publishing your blogs, so let’s take a look at some of the things you should know beforehand.

Why Do You Want To Start A Blog?

While keeping customers informed, and growing your email list are key components of starting a blog, it’s good to consider why you want to start a blog in the first place.

Do you want to share information about a new product or service you’re offering, or perhaps you’re looking to change up your marketing tactics a bit, and blogs seem to deliver a positive return on investment? The possibilities are endless, and before you start writing, it’s good to take some time to think about the reasoning behind your blog.

While having a blog can drive web traffic, it becomes almost pointless to put in all the time and effort if your blog doesn’t directly contribute to the bigger picture.

Write For Your Customers

Not all customers enjoy the same thing, even if they support the same brand or shop at the same store, and the same can be said about the information they consume online.

Having a business blog could potentially be about educating people about a new type of product range you are going to offer in the near future. But how do you convey this to your customers? Do you include highly sophisticated academic jargon, or maybe keep it easy and simple by using everyday language to persuade them into pre-ordering this new product?

Writing for your customers, or intended target audience is key to getting people engaged and turning them into paying customers.

Build Your Blog For Multiple Formats

Operating a blog means you will need to think about where you will be publishing all your work. If you already have a website, you can potentially add another tab to your menu where you can display all your blog posts. Even if you do this, how will those who have never heard of your business before even know you have a blog?

It’s important to write for multiple platforms and formats when you publish your blog. For social media, you might need to think of a striking caption that can accompany the post when promoting your new blog post. On other platforms, you might need to include several pieces of media that could help rank your post higher and receive more interaction.

From the hashtags to the time you post, and even to the target audience you intend to reach out to, think of the platform you’re most likely to use to promote your blog and plan a strategy accordingly.

Posting Frequently Is Important

It’s no use in having a blog for your small business if you don’t post regularly. Right from the start, it’s important to plan several blog post ideas and line them up for the weeks or months ahead.

Posting on your blog should be frequent and you should make time to think of some interesting topics you want to cover or talk about. Additionally, you need to consider how long it will take you to complete a blog post.

Maybe you want to interview someone, or include some interesting research but need approval before publishing. These are all important considerations to keep in mind when planning your blogging strategy.

Create Authority And Authenticity

There are millions of blog posts each day, and chances are that whatever you want to write about, or have written before has already been published, multiple times over.

As a small business owner, it can be hard to come up with interesting topics or write about something from a completely different angle.

Make sure that you plan your content, not only for the sake of saving time, but also to ensure you get to research the topic well enough. Through this, you get to establish yourself as an authoritative figure within your industry, but also among your customers.

Make Blogging A Marketing Effort

While you may feel nervous or even anxious to start writing and having people read it, think of how you can incorporate your blogs along with other marketing efforts.

In the beginning, it will take some time for your blog to grow an audience, especially if you’re a new small business, and this could mean you need to partner your blog posts with other marketing efforts.

If you’re offering a customer discount, include a link to your blog when sending out newsletters or campaign emails containing discount codes. Maybe share the blog on social media, and start a thread where customers could win a giveaway if they share the post with their followers.

Make an effort to include blogs with your overarching marketing strategy to help drive traffic and readers.

The Bottom Line

Blogs are truly a traditional yet practical way to help increase awareness and online traffic for your small business, not only in terms of your online presence but for your brand as well.

Starting a blog may sound like a good idea at first, but the content you write and publish should be captivating enough to help drive customer engagement. Making an effort to publish a blog only to get zero reads can be a pointless exercise so it’s important to plan a good marketing strategy around your blog.

All-in-all, there is something special about blogs, and it helps to increase brand awareness, regardless of what type of business you may have the products you sell, or the services you offer. Just be sure to create quality content that your customers will be interested in, and think of ways to include it with other marketing efforts.

If you think you have a good idea, pen it down, and get writing, you’ll be surprised to see how many people end up reading your ideas, even if you think it might be mundane or uninteresting.

Published First on ValueWalk. Read Here.

Featured Image Credit: Photo by Miguel Á. Padriñán; Pexels; Thank you!

Politics

Fintech Kennek raises $12.5M seed round to digitize lending

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Google eyed for $2 billion Anthropic deal after major Amazon play


London-based fintech startup Kennek has raised $12.5 million in seed funding to expand its lending operating system.

According to an Oct. 10 tech.eu report, the round was led by HV Capital and included participation from Dutch Founders Fund, AlbionVC, FFVC, Plug & Play Ventures, and Syndicate One. Kennek offers software-as-a-service tools to help non-bank lenders streamline their operations using open banking, open finance, and payments.

The platform aims to automate time-consuming manual tasks and consolidate fragmented data to simplify lending. Xavier De Pauw, founder of Kennek said:

“Until kennek, lenders had to devote countless hours to menial operational tasks and deal with jumbled and hard-coded data – which makes every other part of lending a headache. As former lenders ourselves, we lived and breathed these frustrations, and built kennek to make them a thing of the past.”

The company said the latest funding round was oversubscribed and closed quickly despite the challenging fundraising environment. The new capital will be used to expand Kennek’s engineering team and strengthen its market position in the UK while exploring expansion into other European markets. Barbod Namini, Partner at lead investor HV Capital, commented on the investment:

“Kennek has developed an ambitious and genuinely unique proposition which we think can be the foundation of the entire alternative lending space. […] It is a complicated market and a solution that brings together all information and stakeholders onto a single platform is highly compelling for both lenders & the ecosystem as a whole.”

The fintech lending space has grown rapidly in recent years, but many lenders still rely on legacy systems and manual processes that limit efficiency and scalability. Kennek aims to leverage open banking and data integration to provide lenders with a more streamlined, automated lending experience.

The seed funding will allow the London-based startup to continue developing its platform and expanding its team to meet demand from non-bank lenders looking to digitize operations. Kennek’s focus on the UK and Europe also comes amid rising adoption of open banking and open finance in the regions.

Featured Image Credit: Photo from Kennek.io; Thank you!

Radek Zielinski

Radek Zielinski is an experienced technology and financial journalist with a passion for cybersecurity and futurology.

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Politics

Fortune 500’s race for generative AI breakthroughs

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Deanna Ritchie


As excitement around generative AI grows, Fortune 500 companies, including Goldman Sachs, are carefully examining the possible applications of this technology. A recent survey of U.S. executives indicated that 60% believe generative AI will substantially impact their businesses in the long term. However, they anticipate a one to two-year timeframe before implementing their initial solutions. This optimism stems from the potential of generative AI to revolutionize various aspects of businesses, from enhancing customer experiences to optimizing internal processes. In the short term, companies will likely focus on pilot projects and experimentation, gradually integrating generative AI into their operations as they witness its positive influence on efficiency and profitability.

Goldman Sachs’ Cautious Approach to Implementing Generative AI

In a recent interview, Goldman Sachs CIO Marco Argenti revealed that the firm has not yet implemented any generative AI use cases. Instead, the company focuses on experimentation and setting high standards before adopting the technology. Argenti recognized the desire for outcomes in areas like developer and operational efficiency but emphasized ensuring precision before putting experimental AI use cases into production.

According to Argenti, striking the right balance between driving innovation and maintaining accuracy is crucial for successfully integrating generative AI within the firm. Goldman Sachs intends to continue exploring this emerging technology’s potential benefits and applications while diligently assessing risks to ensure it meets the company’s stringent quality standards.

One possible application for Goldman Sachs is in software development, where the company has observed a 20-40% productivity increase during its trials. The goal is for 1,000 developers to utilize generative AI tools by year’s end. However, Argenti emphasized that a well-defined expectation of return on investment is necessary before fully integrating generative AI into production.

To achieve this, the company plans to implement a systematic and strategic approach to adopting generative AI, ensuring that it complements and enhances the skills of its developers. Additionally, Goldman Sachs intends to evaluate the long-term impact of generative AI on their software development processes and the overall quality of the applications being developed.

Goldman Sachs’ approach to AI implementation goes beyond merely executing models. The firm has created a platform encompassing technical, legal, and compliance assessments to filter out improper content and keep track of all interactions. This comprehensive system ensures seamless integration of artificial intelligence in operations while adhering to regulatory standards and maintaining client confidentiality. Moreover, the platform continuously improves and adapts its algorithms, allowing Goldman Sachs to stay at the forefront of technology and offer its clients the most efficient and secure services.

Featured Image Credit: Photo by Google DeepMind; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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Politics

UK seizes web3 opportunity simplifying crypto regulations

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Deanna Ritchie


As Web3 companies increasingly consider leaving the United States due to regulatory ambiguity, the United Kingdom must simplify its cryptocurrency regulations to attract these businesses. The conservative think tank Policy Exchange recently released a report detailing ten suggestions for improving Web3 regulation in the country. Among the recommendations are reducing liability for token holders in decentralized autonomous organizations (DAOs) and encouraging the Financial Conduct Authority (FCA) to adopt alternative Know Your Customer (KYC) methodologies, such as digital identities and blockchain analytics tools. These suggestions aim to position the UK as a hub for Web3 innovation and attract blockchain-based businesses looking for a more conducive regulatory environment.

Streamlining Cryptocurrency Regulations for Innovation

To make it easier for emerging Web3 companies to navigate existing legal frameworks and contribute to the UK’s digital economy growth, the government must streamline cryptocurrency regulations and adopt forward-looking approaches. By making the regulatory landscape clear and straightforward, the UK can create an environment that fosters innovation, growth, and competitiveness in the global fintech industry.

The Policy Exchange report also recommends not weakening self-hosted wallets or treating proof-of-stake (PoS) services as financial services. This approach aims to protect the fundamental principles of decentralization and user autonomy while strongly emphasizing security and regulatory compliance. By doing so, the UK can nurture an environment that encourages innovation and the continued growth of blockchain technology.

Despite recent strict measures by UK authorities, such as His Majesty’s Treasury and the FCA, toward the digital assets sector, the proposed changes in the Policy Exchange report strive to make the UK a more attractive location for Web3 enterprises. By adopting these suggestions, the UK can demonstrate its commitment to fostering innovation in the rapidly evolving blockchain and cryptocurrency industries while ensuring a robust and transparent regulatory environment.

The ongoing uncertainty surrounding cryptocurrency regulations in various countries has prompted Web3 companies to explore alternative jurisdictions with more precise legal frameworks. As the United States grapples with regulatory ambiguity, the United Kingdom can position itself as a hub for Web3 innovation by simplifying and streamlining its cryptocurrency regulations.

Featured Image Credit: Photo by Jonathan Borba; Pexels; Thank you!

Deanna Ritchie

Managing Editor at ReadWrite

Deanna is the Managing Editor at ReadWrite. Previously she worked as the Editor in Chief for Startup Grind and has over 20+ years of experience in content management and content development.

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