It’s a big weekend in Hollywood. The Academy Awards is a huge event that costs millions of dollars. So what is the value for the players involved? And better yet, how does this translate to your small business?

In just about any industry there are awards and recognition to be won. An Oscar isn’t just a shiny trophy that will sit on a mantle gathering dust. It commands respect for the winner, along with more opportunities and significantly higher pay. It implies a level of quality not found in the “everyday” actor. Not only that, but it provides that extra few minutes to make them a household name – after all, who could forget Adrien Brody’s first win (and unexpected kiss with Halle Berry!)

The same goes for your business. No matter what your specialty, it’s likely that there is an award out there that conveys your talent and reliability to potential customers. Awards are like testimonials, but much stronger since they are backed up by an objective third party.

Not only can awards provide incentive to your customers, but they also have an impact on your ability to hire great staff. As an example, since being included as one of the Best Companies to Work For in BC, we now receive more job applications, giving us a bigger pool for high-quality hiring. People want to be part of something successful.

Not sure where to start looking for award-winning possibilities? Try searching online with keywords including your industry and “awards”. You’ll likely be surprised at the opportunities out there!

Is the location of your small business important to your customers? If so, your online marketing efforts need to include optimization of your website for local search.

Not sure what local search is? A great example is Google Local. When you do a search for a local business on Google (i.e. “dog walker Seattle”), on the search results page you’ll see a list of local businesses beside a little map. They are businesses that have been submitted to Google Local who are relevant to your search.

Here are some great ways to optimize your site for local search:

1.    Submit to Local Search Engines
We already mentioned Google Local, but there are many more and some may be more popular in your area than others. Consider the following:

• Google Local
• Yahoo! Local
• Yelp
• Yellowpages.com
• Local.com

2.    Include Your Contact Information on Every Page
This is easier than it sounds. Just create a site-wide footer for your pages and include your address.
CityMax.com User Tip: Create your page footer by going to ‘Edit Site’ > ‘Page Footer’.

3.    Use Geo-Descriptive Keywords
When researching your keywords, make sure to see what people are searching locally, then use those keywords on your website. Make sure to include them in your title and description tags.

When you make a website that’s optimized for local search, it’s easier to get your business to the top of the search engines – simply based on your location! As a bonus suggestion, consider getting a localized domain name to compliment your existing one.

Last week, we introduced you to the new online business being launched by CityMax.com staff – also known as the E3 venture (Employee Entrepreneur Experience). We determined the company bylaws and discussed what kind of business had the best chance to grow.

This week, we looked at a variety of products to sell, from event tickets to tennis rackets, and finally voted them down to the top three. After a bit of discussion, we may have reached a decision. Check out our criteria below – what would you have voted for?

1. High-end Pens

• We determined that these were easy to sell in bulk quantities, with a 2-3% markup for each pen
• High online search volume for custom pens, as well as the top manufacturers
• Very easy to ship
• However, due to our lack of any existing relationship with a supplier this product earned few votes in the final evaluation

2. Car Wax

• An extremely expensive product that generates repeat customers
• High online search volume indicating great demand
• Easy to ship
• Market is largest in the USA
• High margins
• Better sold in high volume
• Easily branded
• Manufacturing - possibly homemade, which would mean not scalable and a low production rate
• It is a product our staff feel they can get behind
• Potentially a strong product, if supplier issues are clarified

3. Baseball Bats

• One of our members has developed a potential relationship with a supplier
• High online search volume
• Great market opportunity for Little League teams, semi-pros, beer league teams, trophies
• Free drop-shipping
• Easy to out-source production
• Small order sizes possible – no inventory back up
• Fully customizable: baseball bats can be branded easily
• High agreement among board members (CityMax.com staff)

After some debate, the E3 group reached a consensus - custom baseball bats appear to be our best option. Up next week: we research market opportunities and our competition to see if our business model is viable.

Stay tuned…

If you’re familiar with CityMax.com, you already know we’ve got entrepreneur fever. Our website builder is the heart of thousands of successful businesses (just take a look at our amazing Homepreneur finalists), and we’ve been around for over 10 years. But so what, you might ask?

Well, two weeks ago we decided to put our money where our collective mouth is. We decided to start an online venture.

Why?  To show that anyone can do it, and hopefully learn a few things along the way.

Every CityMax.com team member will help run our new small business. Each week, the entire company (all 34 of us) will meet as a board and vote to determine our next course of action – from our operational name, to the look of our website, to marketing. And you’ll get to follow along right here!

Week 1: We drafted and approved our company bylaws. Boring but essential, and very democratic.

Last week: We began talking about what kind of business we should start. To figure out the “right product”, the team started floating ideas against a boatload of questions that any new business owner should ask:

• Is it easily shipped? (The best products are those that can be packaged or shipped affordably and safely)
• Is it scalable? How are you going to manage increased shipping/sales if you go from 1 sale daily to 400?
• Does it encourage repeat customers?
• Do you have a secure product supply? A long-term relationship with key suppliers?
• Can product delivery/production be outsourced?
• Is it easy to access/local?
• Does it have high margins per item (actual dollars, not percentage)? What is the likelihood of making money on every sale, factoring order size, shipping costs, etc.
• Is the product line brandable?
• Are people searching for what you are selling?
• Do you believe in what you are selling?

Now that we’ve got a few guiding factors to help us decide our business model, it’s time to brainstorm and see what we come up with. Next week – we choose our product and begin competitive market research. Stay tuned!

The judges made their final tallies and have declared Marco Barberini of OvernightPetTags.com our Homepreneur of the Year!

Marco’s vision, story, and growing success stood out from an impressive group of finalists. The 24-year old former gas station employee from a tiny Michigan town began his CityMax.com site in 2006 with no HTML experience. In 2007, he ended up quitting his job to focus on his business and has now tagged over 32,000 pets!

In an interview, Marco said: “A few years ago, my wife Heather and I realized we were tired of working paycheck to paycheck and started focusing on Overnight Pet Tags. We built out our site with CityMax.com and eventually started ranking in the search engines. Our online sales have increased by 100% each year and our dream is to tag every pet in the United States.”

OvernightPetTags.com is currently generating $6,000 - $8,000 in monthly online revenue and, according to Marco, requires only 7 to 10 hours of his time each week.

As Homepreneur of the Year, Marco is the winner of a $10,000 prize package, including a round-trip flight to Vancouver, Canada, three days in a beautiful luxury hotel, the Red Carpet treatment, a day of 1-on-1 expert consultation at CityMax.com HQ, and a complete redesign of his website. He’ll also receive a life-time subscription to CityMax.com for himself and five small businesses of his choosing.

Our two runner-up winners are:
Meredith Patterson (MeredithPatterson.com), an enterprising musical theatre and TV actress who has appeared on All My Children.

Michael and Mary Ferrari (UnusualThreads.com), a retired couple who are generating millions of dollars annually with their online celebrity fashions business.

Our runner-ups will each receive a custom redesign and website makeover ($1,000 value), plus a lifetime subscription to CityMax.com for themselves and three small businesses of their choosing.

Congratulations again to all of our inspiring winners!

If you know someone you’d like to nominate for Homepreneur of the Year (online home-based business, please email homepreneur@citymax.com.

It’s the end of January and looking back on last year, most small business website owners are glad that it’s over! The even better news is that if you survived, there are many ways that your business can come back bigger and better than ever.

Here’s how:

Review Your Product Offering
After a rough economic year, is your product/service still in high demand? If not, is there something you can do to make it so? Or, is there another opportunity that might work better for you?

Expand Your Reach
How far and wide are you spreading the word about your products/services? If your only form of advertising is in the yellow pages, start exploring more opportunities. With search engines and social media, there’s no reason more people shouldn’t be talking about you.

Streamline Expenses
When’s the last time you took a good look at where your money is being spent? Carefully go over your numbers and see where you can cut back. For example, try trading in your long distance phone package for Skype.

Build New Relationships
Sometimes talking to new contacts can really provide you with ideas for or insights to your business. Whether it’s chatting up a potential supplier or finding a business mentor, open up those channels to freshen your approach to your business.

Listen to Customers
You customers make your business, so if there’s something they’re piping up about, listen and let them know you’re doing so! If something’s not working for them, chances are that same something might be a roadblock for other potential customers.

To stay competitive, you and your business need to be dynamic and able to change with the market. By getting in the habit of reviewing and planning each year, you help ensure that you stay ahead of the game.

2009 is wrapping up, and what better occasion to take a fresh look at your online business! As we march into the New Year, it’s time to figure out what is and isn’t working. Here are five tips that should help you create a more profitable 2010:

1. Focus on Customer Service
No matter how fantastic your product, it’s not what your customer will be talking about if your service stinks. By building a great relationship with your customers, you keep them happy, loyal, and talking about you with their friends. Evaluate all of your points of contact, from emails, phone messages, web contact, and even how you interact face to face – then make sure you’re going above and beyond.

2. Ask Clients for Referrals
Now that you’ll be offering top notch customer service, encourage your customers to tell their friends about you. People are much more likely to trust a company recommended by friends and it’s as simple as adding a line to your email signature (ie. Happy with our products? Recommend us to a friend!).

Tip: With your CityMax.com small business website, you can add a “Recommend Website” page, which allows your visitors to send an email recommendation to their friends.

3. Learn to Delegate
Have too much on your plate? As a small business owner, it can be hard to let others do work for you, but learning to share your workload will help you accomplish a lot more. Consider what you do in a week and identify the things that don’t NEED to be done by you, then pass them on to others. If you don’t have staff, you may want to try outsourcing some of that extra work. For example, if you need content written for your website, consider using a service like Textbroker.

4. Ditch Broken Systems
Sometimes in business we set up processes that end up not being so successful… yet we keep on using them for years. Now is the time to make a move. Is your sales method not effective for closing deals? Is one of your products just not selling no matter what you do? Is your software constantly crashing? Out with the old and in with the new. Find something that works better – you’ll end up saving a lot of time and frustration.

5. Set Realistic Goals
If you’re not already setting goals, now is a great time to start. By setting goals, you not only have something to strive for, but you also have something to celebrate once it is accomplished. Make sure that any goal you set is realistic or you may end up just frustrating yourself.

These five resolutions should make a positive impact on your business, but don’t forget to take care of yourself! Work-life balance is just as important to your business’ health, so as a bonus resolution, make sure to also set personal time as a priority.

Wendy Lau of BlueWonderCloth.com, our Small Business Makeover winner, made the trek down to our offices last week to meet the CityMax.com team and give her online presence a shot in the arm.

Nine years ago, Wendy started selling environmentally friendly cleaning products online as a part-time distributor. She quickly grew to the point where she actually bought out the original owner four years ago and now runs the entire business!

We were excited to meet Wendy, who’s been with CityMax.com since we were just three people huddled in a tiny office. She’s already had some serious success, but Wendy told us she now wants to “make more and do less.” Sounds like our kind of challenge!

Our experts sat down with her and talked custom re-design, local search marketing, and search engine optimization for her site. Wendy even got to check out our daily huddle and meet our two dogs. All in all, it was a great start to the makeover - stay tuned to see what Wendy’s finished makeover looks like!

You know about Facebook already. Maybe you have a dusty Twitter account. So why do you need to use these tools for help your business?

As a small business website owner, here are three great reasons why you should stay plugged in.

1.  Instantly connect with your audience

Imagine if you could immediately locate new customers around the world. Through social media, it’s easy to see who the key players in your industry are (find someone high profile, then take a peek at their Twitter followers or Facebook Fans) and it’s likely that people engaged with these brands are either your customer, or otherwise relevant to your business.

Just as important, you can find the people who are already excited about your product (e.g. customers, distributors), celebrate them, and let them know what other great stuff is in the pipeline. The people who champion your brand can quickly become your greatest asset. Social media is all about the strongest form of marketing there is: word-of-mouth.

2. Play to your strengths: bigger is not necessarily better

Social media levels the playing field for small businesses. While big companies lumber, you are agile. Two of the biggest complaints customers have are: 1) automated phone systems, and 2) delayed email responses. The nature of today’s technology allows you to respond instantly to potential customers who want answers now.

Offering better customer interactions online with an actual person (you) builds your brand’s personality. Creating relationships is the backbone of social media and is something that most large, monolithic companies have difficulty doing, but individuals are terrific at. (Caveat - some large companies CAN get it right. Southwestern Airlines’ customer service on Twitter is an excellent example: http://rationalsecurity.typepad.com/blog/2008/04/off-topic-south.html)

3. If you don’t reach the masses online, someone else will

Just because you aren’t using social media yet, it doesn’t mean your customers aren’t. They may already be singing your brand’s praises (or complaining loudly) on Twitter, Yelp, or any of the countless review sites online. If you aren’t a part of the conversation, you are leaving the door open for a competitor to swoop in. Being present and vocal will help you monitor and manage your brand online.

Small and large businesses alike are spreading their message and expanding their customer base online, and you don’t want miss out.  It is cheap to implement: the most popular applications are free, and the only cost is your time.

How should you begin?

Jump in! Without being familiar with the platform, you may not yet know what you are trying to achieve. That is fine: as you learn Twitter, Facebook, or the latest social media tool, the reality of your objectives will become clear.

Think big. Your average customer may result in a $100 purchase, but being mentioned by a top blog could transform your brand into an overnight success. That is the immediacy of the internet – and the nature of social media. Good luck!

Presenting the finalists for 2009 Homepreneur of the Year! We were overwhelmed by the amount of amazing entries, and thank you all for your submissions. You have some truly incredible small business website success stories and made it hard to pick just eight finalists!

From the Pet Tag Prince to Grandma Cuddles, these finalists come in all shapes, sizes, and ages! Now it’s up to you. Check out their stories on the voting page and help us choose who should be the Homepreneur (home-based business owner) of the Year!