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5 Trends That Will Shape Small Business in 2010

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December 8, 2009

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2009 was a pretty wild year in the world of marketing. While social media was building up steam in previous years, it pretty much went mainstream this past year. In fact, many businesses became fatigued from hearing so much about Twitter, Facebook, and social media in general.

As the hype settled and people began to understand how to use and integrate these new platforms, more change was brewing. The evolution that was social media in 2009 set the table for the realization of some significant trends to bubble up into the world of small business in 2010.

The groundwork for some of these trends has been in place for years, but I think we will see small business owners finally start to embrace the following five significant expansions in the New Year.

1) Real time is big time

At some point in 2010, all search results will consist of real-time information, scores, reviews, tweets and all, right there and up to the minute. We’re addicted to up to the minute connection and we want more. It’s kind of like the Meryl Streep line in Postcards from the Edge, “Instant gratification isn't fast enough.”

Most everything we do will be instant. Google Wave wants to introduce real-time collaboration.

An iPhone app called Shazam will tell me the name of the song playing on a coffee shop stereo right now. Oh, and I can buy it on iTunes, right now too.

Another, called Red Laser, will tell me where to get an item from a photo. It will also give me the best price available for the item anywhere, right now, from a bar code scan.

2) Location as plumbing

Imagine standing on a hill overlooking the downtown skyline and pointing the camera on your phone in any direction and getting a full tour of what you are looking at, including restaurant recommendations from friends in your favorite social network.

Walk into a museum, plug in your headphones and point your phone at a painting or sculpture. Then, read about it while a video interview from an expert on the artist loads.

Augmented reality and location aware services have been around for a while. Now that Facebook and Twitter are starting to play with geo-location for tweets and update, enabled by the GPS technology on most every new phone, look out, it’s going to tip.

Location sharing services like Foursquare, Loopt and Google Latitude, are already receiving mainstream media mention. It won’t be long before every rating and review site, such as Yelp! and Insider Pages, build this into the foundation and push coupons and discounts out to you based on location.

Anywhere you go you will be able to locate friends nearby or the location of every Twitter follower in a city you are visiting.

Your location, or that of your customers and prospects, will become another data point in the marketing mix.

3) Filtering gets social

Having access to vast amounts of information in real-time and the stores of data from throughout history are both a good thing and a bit of a curse. While we can now find the answer to just about any query, we are pummeled with so much information that we cannot sift through the good and bad and true and false.

Filtering and aggregating information became a valuable skill in the last few years as tools like RSS readers and search alerts allowed us to subscribe to and collect the information we wanted to read most.

I believe in the coming year another layer of filtering will become just as important as search engine optimization. Look to see search results peppered with recommendations from our social contacts.

When you search for the best attorney in town, a good movie or the best place to get some authentic TexMex, not only will you see the organic search results earned through Google’s algorithm, you’ll also see what your friend Jimmy had to say about such things.

Social search has the ability to eclipse the value of traditional SEO efforts. As more and more information is added to your social graph, I believe recommendations from trusted sources in your networks will carry significantly more impact in some cases than the results that reach the top spots in organic search.

4) Kitchen sink on the cloud

Will desktop applications and computing become a thing of the past? While not completely, 2010 looks like the year that small businesses will truly embrace applications that exist online only.

Entire software suites such as Google Apps and Microsoft Office Live will finally allow document, spreadsheet, database, and presentation software to function as Internet applications at greatly reduced costs and ultimate real time collaboration.

File sharing and storage, including total file backup from tools like Dropbox and Mozy, will become standard in the small business toolbox.

Project, task, scheduling and collaboration of all manners have made a dramatic move to the web with tools like CentralDesktop and Backpack, as remote workers and a global supply chain have dictated. Look for these kinds of tools to be routinely used as client service tools that eliminate the need to drive a few blocks to consult.

Online meeting tools like GoToMeeting, WebEx and even Skype, with video, will continue to allow people to connect in richer ways online.

The sacred cow of the desktop, financial data will finally move online completely as QuickBooks Online. Tools like Freshbooks make it very easy to do bookkeeping online while providing secure access for financial employees and outside accounting resources.

5) Fusion boosts offline

While the entire focus of this article to this point has been about changes online, the mantra for 2010 will be the convergence of online and offline for the greatest leverage.

No matter how wired we get as a society and business, there will always be a need for face to fact trust, building engagement. Now that small businesses have moved more online, the smart play will be to find the best ways to fuse the online and offline activates in ways that make the return on both even greater.

While LinkedIn and Facebook may be great places to find prospects and create awareness, they are not always the best platforms to build relationships deep enough to create a sale.

Using these platforms to create awareness for content that resides on your web site or to drive people to events where they can learn and network in person, will become an essential part of the marketing process.

In addition, using online tools such as Twitter and Biznik to further facilitate existing in person relationships, will become another tool that small businesses will add to their competitive arsenal. Now when a member of your sales team meets a prospect at a Chamber of Commerce function, they may follow them on Twitter and invite them to connect on LinkedIn as a matter of process and as a way to more easily communicate, refer and connect, all apart of the trust building cycle.

Elements of these trends have been brewing for some time and adoption of any trend generally happens over time and almost immeasurably. However, now is the time to analyze the impact these ideas may have on your business this year and into the future.

Image credit: prosto photos

John Jantsch is a marketing and digital technology coach, award winning social media publisher and author of Duct Tape Marketing.


What do you think?

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Join the conversation ( 17 )

  • Matt Brown 1 year 13 months and 0 days ago

    Matt Brown

    With the tough economic times and mass lay-offs happening daily, the best and only sure investment you can do is in yourself. Teaching yourself how to make money on your own is the most important thing someone can learn. Nothing beats a financial education.

    http://www.my-home-business-growth-marketing.com

    To your success

    Matt Brown

  • Byron Patrick, CPA.CITP 2 years 0 months and 24 days ago

    Byron Patrick, CPA.CITP

    John, great stuff! Thanks for making it a recognition of trends and not "John's Crystal Ball Predictions for 2010" This stuff is all already in motion and will continue to pickup steam in 2010.

    Regarding the small business's and the recession... I honestly don't think this is a recession. This is a dynamic reorganization of the economy. We don't need to get out of the hole, we need to learn how to function in the new landscape.

    Cloud Computing is a major component of the new landscape. In 2010 we are definitely going to see the integration factor that Earl mentioned. However companies like mine are providing cloud solutions that integrate all of your existing data and applications. These apps don't need to be developed they are already here!

    http://www.simplifiedinnovations.com/

    Anyway, thanks again John for the great post!

    ...does anyone use a phone book anymore, really???

  • J.T. Shaver 2 years 0 months and 28 days ago

    J.T. Shaver

    I have always been a fan of web-based only apps. they offer a flexibility that is unmatched, and have all the same power as desktop software.

  • Earl Rudolfo 2 years 1 months and 1 days ago

    Earl Rudolfo

    Great post John. I agree that real time information and cloud computing apps will be the key technology advances for small businesses going forward in 2010. My feeling is that the adoption of cloud computing by small business will continue to rise in the new year. The early adopters in this space will start or continue looking toward integration of these apps through API or some other means. A few innovative SaaS companies are already positioning themselves to fill this need.

  • Sandi Belisle 2 years 1 months and 5 days ago

    Sandi Belisle

    my computer stuck and did this a bunch of times. Can you fix it for me? So very sorry. Thank you so much for any help you can give me.

  • Sandi Belisle 2 years 1 months and 5 days ago

    Sandi Belisle

    It definitely has been a struggling year for small businesses and the coming year will probably see more of the same and to help with this process, if business would look more towards press releases as another way to reach customers as press releases are at this point, not used to the extent they could be, we would see a much yet greater impact. Press releases can be incorporated much more into web 2.0 marketing or for the webmaster who hasn't had time to master that system, then using press releases in a direct manner. There are MANY websites who offer services free for webmasters who are desitute and struggling. We have created a very new fresh list of press release submission website to truly help these businesses and it can be viewed and used at: http://www.internetmarketingservicessite.com/press-release-submission-list.html We are giving google rankings, pertinent data, alexa ranking and this list will be added to quite frequently to help make an impace on the business world as we feel it is needed.

    Thank you for the opportunity to share our opinions and information.

  • Sandi Belisle 2 years 1 months and 5 days ago

    Sandi Belisle

    It definitely has been a struggling year for small businesses and the coming year will probably see more of the same and to help with this process, if business would look more towards press releases as another way to reach customers as press releases are at this point, not used to the extent they could be, we would see a much yet greater impact. Press releases can be incorporated much more into web 2.0 marketing or for the webmaster who hasn't had time to master that system, then using press releases in a direct manner. There are MANY websites who offer services free for webmasters who are desitute and struggling. We have created a very new fresh list of press release submission website to truly help these businesses and it can be viewed and used at: http://www.internetmarketingservicessite.com/press-release-submission-list.html We are giving google rankings, pertinent data, alexa ranking and this list will be added to quite frequently to help make an impace on the business world as we feel it is needed.

    Thank you for the opportunity to share our opinions and information.

  • Stacey Battat 2 years 1 months and 16 days ago

    Stacey Battat

    Great article about small business and the REAL need to connect both on-line and off-line. I look forward to reading more and will retweet (just learned that now) to the community i am building ONE connection at a time (what's with the automatic anyway?)... Wishing you a year filled with unexpected, wonderful connections - and I welcome those stories in our book series about life-changing moments - www.thinthreads.com!

  • Niem Akhtar 2 years 1 months and 17 days ago

    Niem Akhtar

    So many businesses are realising the potential of social media. I think that in the future we may see a new kind of application or platform that is a convergence of current applications.

  • Daniel Kaneshiro 2 years 1 months and 17 days ago

    Daniel Kaneshiro

    I noticed only item 5 had no links. That is the void my company aims to fill. Where online meets offline at meetsaas.com

  • Kenneth Darryl Brown (Ken@BetterSalesandProfitsNow.com) 2 years 1 months and 18 days ago

    Kenneth Darryl Brown (Ken@BetterSalesandProfitsNow.com)

    Love your article and I agree that Facebook and Linkedin only go so far and can't close the sale. The next step is to conducting online structured networking sessions with business owners. This year, we connected over 625 people! (http://tr.im/zD0r)

  • Troy Nielsen 2 years 1 months and 18 days ago

    Troy Nielsen

    I think that video will be a big part for companies cutting TV Ads. Google is on the move to take marketing to the next level via mobile phones. Small businesses have to adapted to SMART Marketing. Small businesses can't waist time or money in marketing. They need to master internet marketing. Business owners and consumer are increasing their time on the internet. You laser pitch on the internet. Catch the attention on a video.

  • Gabriel Blau 2 years 1 months and 30 days ago

    Gabriel Blau

    I think these are pretty much right on. and I agree with Steven on the Video. at VisibleU (http://www.visibleU.com) we're seeing more clients embrace video, and integrate online and offline marketing. In fact right now our biggest plans for 2010 for our managed clients involve integrating their online and offline marketing.

  • Steven Schlagel 2 years 2 months and 0 days ago

    Steven Schlagel

    Overlooked is the increasing move to video versus text as we get more of our information via mobile devices that make text heavy posts/articles less appealing. I'm encouraging clients to record, record, record and I'm doing the same myself.

    Great post!
    www.my-small-business-mentor.com

  • John Jantsch 2 years 2 months and 5 days ago

    John Jantsch

    Hey Paul - I agree - small business really shouldered a great deal of the weight of pulling this country out of the recession.

    All of sudden it looks pretty good to own your own business.

  • PAUL ROSENFELD 2 years 2 months and 7 days ago

    PAUL ROSENFELD

    Hi John,
    I think these great trends you point out. I've noticed that 2009 was really a breakthrough year not just for social-this-or-that but really for small business. Over the years I've seen small busiiness online applications get very little respect from the mainstream press and technology companies big and small.

    But 2009 was different. Tech company after company have begun launching small business apps or features for them. Twitter, Facebook Pages, Google Local enhancements, etc etc. I think there's finally a realization that small business is willing to pay vs consumers, is a heckuva lot easier to deal with than 'enterprise' and has alot of unmet needs.

    Paul@fanminder.com

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