For the last few months, the internet has been abuzz with talk about data privacy. From Facebook scandals to updated Privacy Policies to new laws, it’s everywhere!
So it’s perfect timing to get to know your obligations as a business owner, for the data you collect and store for your customers, contacts and website visitors.
- Customers are expecting more transparency and honesty, regardless of the law.
We’re used to asking people to sign up to newsletters and email lists. We might need to tweak how we do it and refine our “consent process”. But the basics stay the same:
People actively send us their details.
But personalized advertising and analytics happened in the background. No questions asked.
Google “email marketing best practices” and you’ll get millions of results.
But also unsurprisingly. The internet is chock full of marketers wanting to tell you how to write can’t-say-no subject lines and make-money-while-you-sleep drip campaigns.
But what about the basic email best practices? You know: how to send emails that are legal and ethical.
Just like you need to have a basic understanding about tax laws and business registration laws, you need to get the gist of how to keep your customers’ details safe and secure.
Understanding your obligations will help you:
- Know what information you can ask for and how to ask for more.
- Deal with any customer requests about their data.
- Vet the tools and services you use to make sure they help you stay compliant.
- Inform your customers if they might be affected by a security breach in any of the systems you use.
Luckily, it doesn’t need to take you all day. It’s just a simple record of the different sources of people’s information, where you store it and what you do with it.
In fact, you can do it with just 7 questions!
Get to know your obligations as a business owner, for the data you collect and store for your customers, contacts and website visitors.
The legal side of business is boring.
Super, incredibly, put-you-to-sleep boring.
So boring this article needs a disclaimer!
But there are very good reasons to stay on the right side of the law – including some you might not expect!
The website had been live for a month and it was all going downhill.
It didn’t start out like this. There were hundreds of hours poured into making everything just right and carefully crafted campaigns sending visitors every day. The first reports showed good revenue and a frankly fantastic sales conversion rate of 3%.
But the next time I looked, it was 2%. Then 1.5%. What was going wrong?
Well, nothing. It was exactly what I expected. But to a stressed-out business owner, these numbers looked terrifying. The site is failing!
Why would two people interpret such obviously bad results so differently?
Reading and understanding the numbers around your shop’s traffic is super important. If you can do this, you can better understand where you should focus your marketing, what parts of your shop could be improved, and make sure you’re seeing real benefits from all your promoting efforts.
There are two sources for this information: Etsy’s built-in Stats and Google Analytics (“Analytics” or just “GA”). They both have their pros and cons, so you’ll most likely continue to use both hand-in-hand to gauge your performance. But when should you use each one?
Love him or hate him, Josh Silverman is one of the big names of 2017. Not a politician or part of the Hollywood elite, but creating controversy nonetheless at a place that’s close to our hearts.
When Silverman stepped in as the new Etsy CEO earlier this year, his mandate was growth. That meant growth for shareholders, but also growth for sellers.
The past few years haven’t been easy, for Etsy or sellers. Despite their increasing Gross Merchandise Sales, 2014 through 2016 saw the average amount spent per buyer and per item fall. More buyers who buy cheaper things for less is not a good outcome for handmade businesses trying to crack a luxury market!
Despite this, sellers as a whole haven’t welcomed Silverman with open arms. They see him representing “big capitalism” and fear the changes he’ll bring will destroy the last vestiges of the Etsy they once knew.
A scary story, perhaps. Let’s take a break for a moment and think about ourselves…