How to Lead An Online Business

First and foremost, find an idea you love.

Whether it’s ice cream, bean bags, or shirts with funny slogans, find a product or service you’re passionate about selling. I started my career as a marketing executive. One day, I was invited to dinner with Japanese business associates. The dinner was a great success, and afterwards we moved to a Japanese tea house where, following tradition, everyone removed their shoes. I looked down, and I had two different socks on – one with a hole in the big toe. I sat cross-legged for an entire evening, trying to hide my foot. I’m passionate about helping executives avoid such embarrassments by allowing them to buy fine-quality essentials in one convenient place online, and have them delivered to their doorstep. Because wouldn’t it be wonderful if your sock drawer could replenish itself?

Blacksocks Socks on subscription In 1999, in order to rid the world of sock sorrows, we founded Blacksocks and launched the sockscription. We now send socks – and since 2007 we have also been sending underwear – all around the world. To celebrate our anniversary, we have rummaged the archives and dug out a few anecdotes. Would you like to draw your own picture of our story? Never enough socks in your drawer? Never buy socks again, never sort out socks again. You… More…

Keep your Internet presence fresh.

The first version of Blacksocks’ website was launched in 1999. It was a single shot of a washing machine. Customers entered their orders into a slot in the machine, which sent an e-mail directly into my inbox. As the Web has developed, our site has become increasingly sophisticated, with the most recent relaunch this April. We’ve positioned content more intuitively and enhanced visual communication to make for smoother and more enjoyable shopping for Blacksocks clients. Ask yourself, if I were a customer looking at my site, what would I want to be different?

Maintain a human connection with your customer.

No one likes to feel they’re buying products from a machine. Remind your customers that there’s a human face to behind your online business. Humor helps. At Blacksocks, we’re lucky to have a funny story behind the origins of the brand, and no one can take the business of selling socks too seriously anyway – after all, they’re just socks. Incorporating humorous touches into your website’s content will make a virtual transaction feel personal, enhancing the customer experience.

Experiment with social media.

Everyone knows that Facebook has now overtaken Google as the most popular U.S. website, but not everyone is sure how to turn social media into profit. Explore these new distribution channels and marketing concepts. Blacksocks has an active presence on Facebook; Joe and Jane Blacksocks run Twitter accounts on the company’s behalf; and Blacksocks is the official sock sponsor of iweartyourshirt.com, run by two guys who serve as human billboards. We also strive to keep our customers engaged by inviting them to post comments on the Blacksocks site.

Invest in long-term success.

Many budding Web-preneurs give up after only a few months. Be realistic about your goals: it’s extremely unlikely that you’ll achieve financial success immediately, particularly if you’re one person on a shoestring budget. Most decisions, whether they’re for online businesses or brick-and-mortar ones, need to be made within a working time frame of two to five years at least. Think about where your website will be a decade from now. If you’re creating original content, timeless content, content that connects with customers, and you have researched the market your product is aimed at thoroughly, you have the tools you need to create a successful online enterprise.

Additional tips can be found at Blacksocks.com.

Following his studies of economics and business administration at the University of St. Gallen, Paris and Toronto (earning the title of lic. oec. HSG in 1993) Samy Liechti was a marketing and communications consultant for various agencies in Switzerland and abroad, working with numerous prominent brands. Samy Liechti has been Blacksock’s managing director ever since its foundation in the summer of 1999.
 

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