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BizAssist.co.za News Story Archives
A Small Business’ Bread and Butter
By: Sarah Billimore
Date: 2008/10/29
Created specifically for small business owners, the electronic lead exchange program, ‘breadandbutter’ is, quite simply, networking made easy for the busy entrepreneur.
“Often business owners or providers (are) so busy working that they don’t have the time or the inclination to get new business,” explains founding member, Diane de Villiers.
Launched earlier this month, the ‘breadandbutter’ networking platform not only provides a means for members to generate concrete leads for their own business or service, but to promote other small businesses operating in South Africa.
“It’s based on the philosophy that small and micro business owners, professionals and entrepreneurs need a constant source of new business and clients to keep their businesses growing and generating profit – literally their 'bread and butter',” explains Diane.
“We all probably know of someone right now who needs the services of a reputable professional, (be it) a garden landscaper, a builder, a guitar teacher, an event planner, a photographer or accountant, a website designer, a lawyer,” she adds.
The breadandbutter network enables small businesses to help each other and thereby help themselves by exchanging these leads and referrals within the network. The greater the membership, the more opportunities for members, the more leads they will receive for themselves.
A Worthwhile Solution for Small Businesses
With business owners across South Africa looking at ways to tighten their belts, marketing budgets are often the first to be reviewed – despite being vital to new lead generation. “As small business owners, we know that there is never enough budget or time for marketing and it’s really expensive to use the services of marketing agencies and other professionals,” adds Diane.
“There really isn’t a cost effective and worthwhile solution for small businesses and self-promotion and marketing takes up a lot of time and needs dedicated attention and focus - something small business owners may be reluctant or unable to do. There are well over a million small businesses in South Africa with this problem,” she says.
Self-described Internet junkies, Diane de Villiers and breadandbutter co-founder, Jo Pierre Lerm have an innate grasp of the power and potential of the internet and looked for an online application that could bridge the gap. Breadandbutter is the result.
For a fixed monthly fee of R125 per month, the easy to use system is “powered by the natural motivation and hunger of providers” [small business owners] to generate the leads. “Instead of using traditional marketing methods, the breadandbutter network benefits from being connected to a very large group of like-minded people who are all committed to growing their own businesses and share the ethos of helping others. And best of all, there is no need to spend time and money on networking breakfasts or even leave your office - the leads pop into your inbox.”
Positive Early Feedback
“Despite having launched only days ago, we’ve had very positive and enthusiastic feedback from members who are bravely committing to signing up in the very early stages of the network. We were counting on the natural pioneering spirit of fellow South African to make this work and we have not been disappointed,” say Diane and Jo-Pierre.
How it Works
Members post leads as follows:
· They describe the opportunity – e.g. “I want to re-landscape my garden. I particularly want an indigenous garden that is low maintenance. The garden is 1/4 acre and there may be some paving involved.”
· They choose the type of provider from the category and sub-category lists available on the site. E.g. Garden and Home; Garden and Outdoor
· They choose their location e.g. Gauteng, Pretoria
· They indicate a deadline [by when they need the service]
· They indicate a budget
This lead is then matched up with any provider on the site who has indicated that they provide the services requested in the category listings and who offers these services in the location required. Matching providers receive this lead. Providers review the lead/opportunity and choose to accept/decline it.
The “client” [person who posted the lead] then reviews the providers who have agreed to accept the lead. They can review ratings and feedback from previous clients who used their services and are able to interact with providers online or offline. The client then chooses which provider to finally accept and is requested to rate the experience.
Keeping Everyone Honest
“We want to generate genuine leads and we ask that members post leads for a product or service they need right now or refer someone who they know has a real need right now,” adds Diane.
Members evaluate posted leads and are able to use the system’s overt reporting mechanism to report junk leads. “Any member found to be posting bad or junk leads is immediately blocked from the system. A review of all ‘bad’ leads is conducted to ensure that all bad leads are stamped out and that any incorrect reporting of leads is prevented,” she explains.
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Ratings and Reviews
The other party rates all breadandbutter members on their experience. Clients rate providers on their service, professionalism, costs, keeping to deadlines etc. Providers rate clients on their experience too including prompt payment. These ratings are transparent and available to all users when leads are passed – so that as a client you can see whether you are dealing with a reputable professional or someone who constantly lets his/her clients down.
Ideal Breadandbutter Members – providers and clients
Provider members who would most benefit from the network would be micro and small businesses, entrepreneurs, solopreneurs and professionals who provide a service or product to middle market South Africans. An extensive range of services from home and garden, to business services, entertainment, health and wellbeing, weddings and holidays are listed.
“Potential users of the provider services or ‘clients’ can sign up too. The service is 100% free for clients who are able to post their requirements on the site to find the best providers in their area.”
Benefits to Providers
“Provider members get unlimited leads from other members of the network – in other words, as many leads as are posted for the profession and area the member has registered for will be passed to them,” explains Diane.
Notifications of new leads are provided via email. Members choose which category of business they are interested in as well as which area they prefer to work in. We use a portion of the monthly subscription to actively drive leads for the providers chosen line of work to the website. Providers are listed on the breadandbutter business directory.
Benefits to Clients
Clients get a choice of professionals all in one place. There is the ability to check ratings and feedback from previous clients who have used the services of these professionals to ensure that you are engaging with a reputable provider. The service is free to clients.
www.breadandbutter.co.za
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