Please ensure Javascript is enabled for purposes of website accessibility

Unleashing the Power of Local Community Engagement: A Guide to Small Business Success

Running a business is all about finding ways to properly engage your customer base. From your products to your marketing, you want everything to be as narrow as possible. The question isn’t “What does it take for a coffee shop to be successful?” It’s “What does it take for this coffee shop in YOUR town to be successful?

The answer? Let the good people of YOUR town tell you. Modern community engagement is data-driven. As a business owner you need to understand your customer base and be able to use that information to both anticipate their wants and meet their basic needs. 

In this article, we take a look at how you can make your small business flourish by engaging your community. 

READ: How Brands Can Grow Customer Loyalty and Build a Positive Reputation in 2023

Localized marketing strategies

Marketing used to rely very heavily on the “throw things on the wall and see what sticks,” approach. The digital world has changed things. Consumers are now used to having a highly personalized experience with the brands that they frequent. 

You don’t have to be a big business to use data as a way of meeting your customers where they are. There are plenty of data programs out there that provide an affordable and accessible way to understand your shoppers and cater to their desires. 

Taking a look at your sales-related data is a simple way to understand what is working and what is not. Social media can provide an even more granular look at what piques your customer’s interest. Most social media platforms provide analytic tools that will allow you to see how your marketing messages are doing based on a wide range of criteria. 

If you do not feel confident in your ability to comprehend and apply data, there are also professionals available who will consult with your business on a freelance basis. Though not cheap, data-driven consultants provide a valuable service that can be particularly valuable when you are trying to revamp your business. 

READ: How Retail Business Intelligence Drives Customer Experiences and Boosts Sales

Community involvement

Customers value businesses that feel like they are a part of the community. To that end, “market engagement,” is not only about catering your product to the needs of your customers, it is also about catering your brand identity to the wants of the community. 

In other words, ingrain your shop in the lives of the people who use it. Support public initiatives. Cooperate with similar establishments. Contribute to fundraisers. Sponsor town marathons. Set up booths at community events. Do what you can to reach beyond the mere transactional aspect of your relationship with the community. 

Customer relationship management

Customer service is more important than ever. As a small business, you are uniquely positioned to provide a custom and familiar experience to the people that you serve. Get to know regulars. Respond quickly and professionally to phone calls and emails. Be friendly but professional. 

Keep in mind that part of the appeal of small businesses from a community member’s perspective is that they improve upon the faceless and devoid experience of shopping at big-box, international retail conglomerates. People want to feel seen, so use your customer service approach to inject a human element into your business practices. 

READ: 5 Tips for Overcoming Customer Service Obstacles as a Small Business

Collaboration

Market engagement also clues you into the greater business community. In the small business setting, it can be very valuable to have cooperative relationships with other shops in your area. It’s a form of networking. 

Getting to know other business owners can help you better understand the town that you are serving. It can also give you unique insights into the local supply chain, while further improving your ability to provide a unique and bespoke approach to the town you are serving. 

The Bottom line

Local market engagement is an intangible consideration that can have a significant impact on the overall health of your operations. By taking a data-driven approach to how you serve the public, you not only operate more efficiently but also establish yourself as an integral part of the town you serve. 

Community is a vital aspect of small business. By engaging with your market, you will improve sales while also deriving more joy from the process of being a business owner. 

 

Andrew Deen HeadshotAndrew Deen has been a consultant for startups in a number of industries from retail to medical devices and everything in between. He implements lean methodology and is currently writing a book about scaling up business.

Coloradoans are Playing an Important Role in the Global Energy Evolution

Energy powers the world, plain and simple. It’s what keeps our lights on, our homes warm, and provides us with so many daily necessities whether we realize it or not.

When you think of the individuals who have played an important role in energy’s evolution historical figures probably come to mind: Thomas Edison, Ben Franklin, or John Rockefeller. Yet, the story of energy is far from over, leaving room for modern titans like Elon Musk and Bill Gates. But there are countless individuals whose accomplishments within the industry go unnoticed every day. Some of them are even in our own backyard.

Enter Enverus — the leading energy data analytics company headquartered in Austin, Texas, specializing in Software as a Service (SaaS) to support the entire industry. What began as a small idea in one of the founder’s garages back in 1999, is now a global trailblazer in data analytics with offices all over the world, including right here in Colorado with an outpost in Centennial.

Enverus is committed to relentless innovation, growing both in size and worth. In 2020, the company was acquired by private equity firm Hellman & Friedman in a transaction that valued the company at $4.25 billion. It has 1,400 employees worldwide and serves more than 6,000 customers across 50 countries.

But it isn’t Enverus’ products that matter the most, says Enverus CEO Jeff Hughes — it’s the people.

Recently, Hughes made several strategic moves within the leadership team, placing six more individuals at the helm of their respective areas of expertise. Two of those leaders reside in Colorado: Matt Wilcoxson, and Michael Mroz.

Wilcoxson has taken on the role of chief growth officer at Enverus, where he will lead and oversee strategic initiatives designed to help customers with their own transformations, according to Enverus’ announcement. Wilcoxson joined Enverus (then known as Drillinginfo) in 2005 and has served in various sales and leadership roles during his 16-year tenure. He has led Enverus’ global sales efforts, account management and membership development, and has extensive experience in growing new markets and various verticals.

Mroz was named Chief Sales Officer. Mroz previously served as senior vice president of Energy Analytics Sales at Enverus, and joined the company in 2013 as a territory sales manager following Enverus’ acquisition of Transform Software & Services Inc. Prior to Enverus, he worked closely with the Technology teams at Kerr-McGee to drive integrated workflows and introduce new technology to the organization, and as a geologist to advance reservoir characterization for Deepwater discoveries and producing fields.

Mroz will also lead sales for specialty markets like Oil Field Services, Power & Renewables, Financial Markets and Trading & Risk, alongside Co-Chief Sales Officer David Ranucci who leads sales for Oil & Gas Operators. Ranucci has led enterprise software sales teams spanning across all areas of the Energy value chain.

“These incredible individuals will help lead Enverus into the next chapter of success as we help shape the future of energy—the largest market in the world,” Hughes said.

As the energy evolution continues, and companies here in Colorado strive to deliver reliable, cost-effective energy, Enverus will serve as the underlying source of truth for energy. So perhaps it isn’t Edison, Franklin, Rockefeller, or even Musk or Gates we should be thanking. It’s individuals like Wilcoxson and Mroz, and the thousands of others who are helping to ensure energy is delivered to where it’s needed, when its needed.

 

Jon Haubert Hb Legacy Media Co 2 Scaled E1634163833845Jon Haubert is the publisher of ColoradoBiz magazine. Email him at [email protected].