Tag: Business

  • Why businesses in Zimbabwe must claim their online listings

    Why businesses in Zimbabwe must claim their online listings

    Last month we came across a tweet with a screenshot of a smartphone map app where the LongCheng Plaza in Belvedere’s online listing was marked as Zhing Zhong! For those of you who aren’t familiar with the term Zhing Zhong, it isn’t exactly politically correct. If you do a search for the term, what comes up is the following:

    “cheap, fake or sub-standard products of Asian origin. These kind of products are mainly rejects from mass production in China that are dumped on struggling markets.”

    As far as LongCheng goes, having that listed as their name wasn’t really the best look. Any business or brand that wants to uphold a certain reputation and get the right message across would not want to misrepresented in any way shape of form. Fortunately, in this particular case, the listing was corrected and they were able to save face.

    Now, imagine a situation where someone sets up an online profile using your business name with a custom url (for example Facebook.com/LivingZimbabwe) and makes it look like an official channel used to engage with customers. Once up and running, they can put up whatever content they like and also communicate with current and potential customers and depending on the nature of the content, they could be doing serious damage.

    If the content being put up by someone purporting to be you, it could wreak havoc and see a business spending a lot of time and resources to try and make amends and rebuild their reputation.

    So, what can be done to avert such a crisis? If your business or brand doesn’t already have an online presence, it may be time to build one or at a minimum, claim your brand or business name online. This can be a simple as buying a domain name such as a co.zw, .com or any other suitable extension.

    Other steps that can and probably should be taken include:

    • Setting up a Google My Business (more so for brick and mortar businesses)

    • Establishing a presence on the major social media platforms such as Facebook, Twitter, Google+, Instagram and the list goes on

    Apart from registering a domain name, the good thing about most of the options listed above is that they are free to set up.

    Yes, some may say Zimbabwe is not in that sort of digital space yet. But, the world is becoming increasingly digital and there will be a need to have a presence in this space, not to mention the benefits that come along with it. In a business context, those benefits could include an increase in revenue and brand recognition.

    If you have some time on your hands, listen to the podcast below on a discussion about online reviews for local businesses. It may seem very Western-centric rather Americentric and some features may not be available in Zimbabwe but the ideas discussed can be adapted to fit your purposes.

    One thing to remember is that claiming your identity on the major networks doesn’t necessarily mean you have to be active on all of them. The need to use them may arise in the future and if this does happen you will not have to worry about having brand consistency across the web.

    Are you convinced that you need to take control of your online presence?

  • Lessons in Business From Zimbabwean Entrepreneur Strive Masiyiwa

    Lessons in Business From Zimbabwean Entrepreneur Strive Masiyiwa

    Zimbabwe is one of those places that might be and has been dismissed by some as a lost cause in terms of doing business. It has been described as a country that does not have a conducive environment in which to conduct business for a number of reasons. The International Finance Corporation ranks Zimbabwe at 170 out of 189 countries for it’s ease of doing business so as far as they are concerned, we are pretty much at the bottom.

    Whenever there is a discussion about business in Zimbabwe it is common place to have words and phrases such as corruption, scandal, bribery, mismanagement and misappropriation of funds included in the conversation. This paints a bleak picture that makes the prospect of conducting business in Zimbabwe as being quite a challenge and may even serve as a deterrent.

    That said, there are people who manage to engage in legitimate business activities and some go on to defy the odds and do so without giving in to corrupt practices to realise success. A prime example of someone who has managed to do just that is Strive Masiyiwa. Strive has made most of his money in telecoms and in 2013, Forbes estimated his net worth to be $600 million. Once again, he has managed to amass this wealth whilst saying no to corruption.

    How did he manage to become so successful? That is a question that many have probably asked and one that Strive is answering. His 240,000+ Facebook fans are treated with a regular dose of updates that include stories of how he managed to set up and fund his businesses. The updates also include tips on how to succeed and inspiration for aspiring and current entrepreneurs.

    As you read through and take stock of his updates which are in effect lessons in business, one thing that is clear is that his Christian faith has played and continues to play a pivotal role in his success.

    If you want to know more about how Strive Masiyiwa,

    1. got to where he is today
    2. learn a thing or two to help you realise success,
    follow him on Facebook

    Are there any other incorruptible Zimbabwean business people who you think are worth a mention and have something to share that could help other people realise their desired measure of success?