Quote of the Month

 
"In other words, the best way to get out of trouble is not to get into it in the first place."
 
Ben Bernanke
(1953- )
Chairman of the United States Federal Reserve
In this issue...
The Case for the Web Channel Assessment
Follow up Links
eR News
Signs of the Economy
December 2009

For most of us in the United States and globally the number one topic for the past 18 months has been the economy.  We believe it is safe to say that these turbulent financial times have affected each of us to varying degrees compelling us to assess our budgeting and spending behaviors. We are beginning to see an uptick in business and overall consumer interest.  For example, the number of people shopping on Black Friday this year rose to 195 million from 172 million last year.  Locally, we've seen 150 homes sold in the last 6 months in New Canaan, CT (on target for their yearly sales of 300 homes).  Nationally, we've seen companies who have had hiring freezes begin their employee searches again.  Psychologically, the mood of companies is fairly open, and in general, consumers are feeling more positive.  We're wrapping up Q4 with companies wanting to do business - still being  cautious with their money - but engaging in contracts for the first and second quarters of 2010.    

Questions we advise our clients to ask themselves are centered on assessing their business initiatives and budget allocation.  Are your initiatives aligned with your growth drivers? Are you allocating your budgets accordingly? Are your teams focused on optimizing your initiatives to drive revenue? Our most successful clients are those who regularly assess their technology and web channels to ensure corporate excellence and to maximize their customer satisfaction. This methodology of pursuing excellence and maximizing customer satisfaction is what eRichards calls 'The Delight Factor'™.

If these are questions that you and your company are contemplating, contact eRichards Consulting for  WebChannel and Technology Assessments.  These assessments ensure that your business growth drivers and technology are strategically aligned, capitalizing on your revenue and profitability.  We can make certain that you are getting the most value for your budget.

You know the old Chinese proverb what does not kill you makes you stronger... well, we at eRichards are passionately committed to making each of our clients superheroes through these turbulent times.

The Case for the Web Channel Assessment

Web sites require an assessment every 1 to 2 years, at a minimum.  Firstly, to keep pace with the rapid changes taking place in technology, and secondly, to ensure your customer satisfaction is at an optimum.  Bottom line is this assessment will increase your profitability.

Conducting business today still depends on creating a community that is interested in your products or services. This business process hasn't changed in the past 100 years, but how a company goes about this process has changed dramatically. The internet has added a component - Space... the final frontier. Even though our businesses are now mainstreamed in the internet space - we still need to ATTRACT customers, create a BuZZ, grow TRAFFIC, and increase REVENUE.

When people visit your site, they create traffic that potentially creates revenue in your channel which is open to the public globally 24 x 7. Our assessments research critical information such as what are your customers are buying and what are they leaving behind? We also study how to get your customers to buy more, painlessly, thus exponentially increasing your customer satisfaction. The implementation of our assessment's findings generates the buzz→ the traffic→ the sales→ the profitability. It is a continual loop.  The 'delight factor'™ explores this practice in greater detail. 

What is your story? Can people relate? What are your differentiators? Does your brand clearly define your offering? Is it creating a BuZZ?

Why do an assessment? The needs and purposes of an assessment are many and vary for each client. Fundamentally, the assessment analyzes where you are today, where you want to go, why and how you get there. Also, we look at what might be missing that can capture additional revenue. We make certain the site has the appropriate importance within your organization. We determine whether it is funded correctly and if your web channel team is onboard with your relevant business initiatives.  Is the right technology supporting your web channel?

Most likely, you are not updating to buy fancy new features, you are updating because you want to ensure your market share as a leader and because you want to 'delight'™ your customers.

And best of all - the assessment always pays for itself while increasing your profitability→ revenue→ traffic→ BuZZ. 

Contact eRichards Consulting for a Web Channel Assessment at: 203.944.0816 today and receive a 2 hour consultation FREE!!




eRichards Consulting LLC
A boutique technology firm with giant expertise providing IT solutions, assessments and staffing for our clients with humanity and integrity.

email: dfgebbia@e-richards.com
phone: 1-203-944-0816
web: http://www.e-richards.com 
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eRichards Consulting, LLC. | 4 Corporate Drive | Suite 390 | Shelton | CT | 06484