Showing posts with label business. Show all posts
Top 10 Ways to Choose a Broker
Brokers today seem to be popping up like weeds. Especially on the internet we see a proliferation of financial brokerages, each one claiming to be the leader in the field. Websites compete with the most outstanding graphics, bright colors display constantly changing data while ticker tape numbers go flitting across the page bringing live stock prices to the viewer.
How is a trader to choose among the multitudes of brokers peddling their wares? There are definitely ways to pluck the roses from the thorns and here are the important things to keep in mind before opening an account and plunking down your money:
Speak to friends and family for referrals. Never go into contract without getting prior feedback from others.
Do your own research and due diligence. Compare brokers. Read reviews such as etoro review to see the differences between brokers.
Ensure that the broker is properly registered with a bona fide financial regulator.The major regulators are the National Futures Association (NFA) or Commodity Futures Trading Commission (CFTC) if they’re based in the US and the Financial Service Authority (FSA) if based in the UK.Many brokerages have been forced to close down because of fraud and you certainly don’t want to become a victim of a scam.
Once you have decided on a broker, go into the site and check the features offered by the firm. Decide which features are important to you.
Open a demo account. This gives you the opportunity to experiment with virtual money and allows you to practice trading without the fear of losing funds. It also gives you a feeling of how well the brokerage handles trades.
Try out the customer service. See how quickly they respond and how efficient they are.
If they don’t know the answer to your question, do they offer to get back to you with a response or to have someone more knowledgeable return your call? Customer service can be of vital importance to you somewhere down the road.
Don’t be afraid to ask questions. How much leverage are you allowed? What are the margin requirements? How wide are the spreads? Does it cost anything to open an account? What is the commission? Although the answers to these questions often appear on the site, they are not always obvious to the newbie trader.
Understand fully the platform used for trades. The trading platform is the investor’s gateway to the markets and traders should make sure the platform and all software is easy to use, visually pleasing, has a variety of technical and/or fundamental analysis tools.Tradesshould be entered and exited with ease.
Start out with the minimum amount of deposit required. You want to tread water a bit before plunging in.
Monitor your account carefully for several months before making a decision to stay with this broker. If you’re not happy, close the account and move on to another one.
Sourcing Balloons At Wholesale Prices
A gift shop can be an enjoyable and profitable business that only requires the bare minimum of start up costs and overheads. Although you could open a traditional storefront, this is not necessary. It is possible to be fairly successful, while running your business from home. However, for your gift shop to get off the ground, you will require a few essential items of equipment. These are as follows:
Stock
For a gift shop, balloons are an excellent product to sell. However, you will need to purchase weights, glue and string as well. You should buy your stock from a wholesaler, not from a different shop that has marked the price up already. You can locate suppliers of wholesale balloons on the web, or in the telephone directory. Make sure that you compare the prices of different suppliers, prior to purchasing anything. Also, you can find suppliers by attending the Balloon Artists Convention, which takes place every year.
Vehicle for Deliveries
Balloons that are inflated occupy a great deal of space. Thus, to transport them to customers, you will have to purchase a big delivery vehicle. Also, you might have to transport tanks to inflate the balloons with. Several gift shop owners use an SUV (or big van) that has the back seats taken out. Your vehicle ought to display a sign on its’ side with your telephone number. This will allow you to advertise your shop, while you are on the move. Your sign can be painted professionally or (for a more cost effective alternative) it could be stuck on magnetically. An additional cost is that you need to insure your vehicle for commercial purposes.
Effective Marketing
If your gift shop is to attract customers and be a success, you need to have a marketing strategy. You could use a website, business cards, fliers or telephone book listings to advertise your shop. Also, you can attract customers by personally visiting businesses that might use wholesale balloons, like banks, schools and car lots. However, there are cities like Houston that have laws banning outdoor balloon advertising. Hence, always know the laws in your locale, prior to approaching businesses.
Equipment for Your Office
Whether your shop is offline or online, you will need office equipment. Firstly, and most importantly, you need a telephone. Your business telephone number ought to be a cell phone number, or redirected to your cell phone. This way, you can still take orders, whilst making deliveries. Also, think about getting a fax machine. You will require a PC, with an Internet connection and printer. This will enable you to monitor stock and financial details, print receipts and process orders by credit card.
Helium Tanks
Gift shops need helium for inflating balloons. Helium weighs less than air, so the balloons will float and not drop to the ground. Wholesale suppliers can provide you with helium tanks. Finally, you will require a helium/air 60/40 regulator, as endorsed by the International Balloon Institute. This regulator is hooked to the tanks that fill the balloons.
Successfully | The Future For New Business
To say that ecommerce is the future for a new business is putting things a little strongly. Ecommerce is one avenue down which a new business might be well advised to go. In actuality, it’s one part of a much larger map – the same map all businesses have always been bound to follow which is nominally known as ‘The Marketplace’.
The simplest way to describe the market, for any business, is like this: it’s where the people most likely to want a business’ products and services spend their time and ultimately their money. So in order to capture the sales it needs to stay alive, a new business has to define its marketplace and follow it.
It is absolutely true to say that more marketplaces are finding more of themselves shifted into the online sphere, or at least replicated there. This is because the generations who do the spending are at least in part represented by what’s called a “digital native”.
Digital natives are anyone who was born in the age when the internet and digital connectivity were commonplace – so in basic terms, anyone who is now around 15 years old, maybe 20. A digital native will automatically look to the online world, usually through a smartphone, to gather information and to make purchases – or at the very least to get the information he or she needs to make a purchase in the “real world”.
It is important, before this discussion goes further, to make a more direct definition of “ecommerce”. Technically speaking, ecommerce is the actual sale of goods and services online – that is, a person has to get into a checkout and use an online payment service or his or her own bank account to transfer funds electronically and complete a transaction.
In reality, though, the idea of ecommerce is probably more wide-ranging. What, for example, of the person who goes into a shop, then calls up that store’s website and asks the sales staff to match its online prices in the flesh? Is that not ecommerce too?
The point is, the real purpose of a modern ecommerce site goes beyond simply selling products or services and leaving things at that. A website is all things to all customers. It’s the place where all the advertising material in the real world, pertinent to the brand owning the site, ends up pointing.
In essence, the real thrust of the future is this. A brand that sells things, any company that will at some point ask prospects to become customers by actively transferring monies from their account to the account of the brand, would be foolish to avoid making that provision in its website. But its site is more than just a shop. It’s a place to be, somewhere where the brand personality, which is technically what makes prospects into customers in the first place, is given the space it needs to express itself.
It’s all about engaging. Consumers want to feel that they are art of something. The website is where they go to do that.
Increase Your Business Sales with Social Brand
With competition in the business world growing fiercer all the time, how can a company rise to the top, get attention, and increase their business sales?
Making a profit in a thriving market can be hard, promotion and marketing can be tough jobs, especially when it comes to bringing in new customers and bringing up profits.
We bring to you a few ways your business can improve their bottom line, through various methods businesses can make more money and increase their brand awareness quickly.
Freebies
Giving something away for nothing is a tried-and-true business tactic.
People love getting something for free, and if it’s something that gets them talking and remembering your company, so much the better.
It doesn’t stop at widgets or trinkets — free shipping and free product support are just two ways that a business can build customer loyalty (and sales).
In addition, a business can potentially market themselves better by sending out products with their brand on it, clothing has proved to be a great tactic and people wear this every day and remember who they are wearing.
Not only does all this benefit business sales but it can draw people in to want a job with your company; saving costs on not having to use external recruiters.
Rewards
Do you want to keep your customers coming back? Reward them for doing business with you!
A great example of this is Adagio Tea’s “cups” rewards program. Customers earn points for buying tea, recommending the company to others, or even mentioning it online and the points can eventually be cashed in for discounts on future purchases.
A tactic like this gets customers talking, engages them with your product, and rewards them for doing business with you — guaranteeing they’ll be back.
Vouchers and discount coupons are also great ways of offering a reward to the loyal customers, make sure you offer these with every purchase, it will put you ahead of the game.
Customer Engagement
To find out what your customers really want, talk to them. Communication is a basic lesson that a lot of businesses tend to forget.
Get on social media platforms online like Twitter, Facebook, and LinkedIn and start spreading the word about your business.
Does your company have job vacancies? Post them on social media sites and get people talking. In the modern age, customers dislike being directly “sold” to, but open up a dialog with them and they will respond.
Going Viral
Some of the most successful commercials and ad promotions on the internet are those that barely mention their products at all.
A video, infographic, or other piece of material that entertains and starts conversations that link on can be a great promotional tool.
If you’re lucky, it may spread like wildfire and get people sharing and driving profits directly to your door.
Tools
Car and truck signage, business cards, brochures, email newsletters, your company’s website, even public art can all be terrific promotional tools.
Does your company already have a main website?
If not, consider creating a new one immediately, devoted to whatever it is you want to promote, and drive traffic towards it via social media and online marketing.
Use innovative outdoor advertising like QR codes on billboards or promotional posters — they will make customers curious and make it easy to drive traffic to your website.
Give Back
Doing things for the community is a great way to increase your reputation and build customer loyalty.
Give to charities, sponsor special events, or even create instructional materials (like videos) to help others.
Customers will respond to a genuine attempt to give back to the community.
The future is demanding that businesses give back, keep up with the trends and do not fall behind.
Do your research and create new initiatives on your findings that will benefit your business portfolio and benefit your customers; this is where the actual profit grows.
Image courtesy of nuttakit at FreeDigitalPhotos.net
Business Entrepreneurs Style with iPhone 5
The iPhone 5’s highly sophisticated design includes the advanced iOS system. Its features have been upgraded to reach all the needs of professionals. It has been elevated in many areas, like the speed, Google maps, appearance, screen, camera and battery life. The apps for business are increasing in demand by the day.
Uses of iPhone 5 for business entrepreneurs:
Rapid fast: The iPhone 5 has much improved internet speeds on 3G and 4G networks. It’s the fastest when compared with all the other new generation phones. This helps you to accomplish and merge your business deals faster. Its rapid fastness allows the entrepreneurs to make quick decisions within their organizations.
Handy: The iPhone 5 weights about 110- 112 grams, but one doesn’t feel this. It’s so convenient to carry. It’s thinner than its predecessor and is equipped with an A6 processor. It’s easier and comfortable to sketch and text using your thumb, whilst holding it in one hand. Though it is only light, it is sturdy enough to withstand time.
Jabbing design: Though the shape of the iPhone 5 doesn’t differ much, the enhancements are noticeable. The metal backing textures of the iPhone is more elusive. Apart from the delicacy, the new larger, goblet touch screen is much more receptive. The face time HD camera is precise and flawless and the rear cam looks more refined. This helps to capture the business cards accurately.
Long-lasting Charge: The battery of the iPhone5 is designed to be slim and the battery life has been significantly improved when compared to the other products of apple. This helps entrepreneurs in having uninterrupted work.
Interesting Apps: IPhone5 is famous for its plentiful apps. The business apps for the iPhone are outstanding.
Social Networking: The world’s best and famous social networking sites like Facebook, Twitter are free apps for iPhone. Apart from them, iPhone introduces Path, Flipboard and Pinterest into the social networking realm. They help in building the brand awareness of the business. It’s simple to market any product by creating a fan page. As the number of likes increases, so does the profit. It’s all about advertising the merchandise.
Food spotting: This app navigates people in new directions. It spots out the restaurants, hotels and food corners present in all the places within any city. This app for iPhone 5 is beneficial for the professionals who often travel.
Evernote: It is an easy-to-use app that helps you to stay organised with your meetings, ideas and to improve the output of your business. It lets you make notes on stuff related to the home or firm, creates a to-do list, voice remainders etc.
The IPhone 5 costs from $199 – $399 depending on which model you choose, ranging from 16, 32 and 64GB models. So, are you excited to get the iPhone 5 today? But unfortunately, running short of money? Not to worry, opt forPayday loans which fulfil your needs and the money can be repaid after you receive your next pay cheque. Hurry up, get the IPhone5 today and feel the new touch by relishing the extra-ordinary features.
Using Google Places for Business For Your Blog
As site owners and bloggers it’s very important for us to make sure that we are always improving our own online reputations and those of our sites. A blog or any business’ online reputation is often influenced by how well it optimizes the web and social platforms available. There are countless factors that come into play such as creating search engine-friendly content, smoothing out a webpage’s back-end coding structure, and appearing in guest blogs. However, it is important to note for small, hometown businesses that what is online is just as important as word of mouth marketing.
As mobile gains an edge, search engines are pushing for local, location-based results for queries. This way, users are able to utilize on board apps for tracking down a storefront, finding contact info and calling directly from a page, and checking out online reviews. One of the best ways to optimize for this market is to play up Google+ Local and Places.
The Place for Business
Google Places is a way to add business listings to search queries. More likely than not, any given business will already show up in one aspect or another. But like with any other Web-based marketing tactic, it is important for you to take complete control of how people find and view your company. First, Places has companies provide accurate contact information before entering a verification process.
Businesses also have the opportunity to register for AdWords directly through Place’s Business Bungalow, or control panel. AdWords is a pay-per-click service that can help a company’s inorganic search results by pulling up a listing in a query. You’re able to target demographics and adapt keywords to changing markets, but business’ will find these campaigns expensive without natural, organic search results power.
Check out Brand’s Command Center to see how they build a network of positive reviews and incoming news and links to their customers. Even if you aren't looking to improve your branding or online reputation through paid services, the chart below will still give you a good idea of how you can surround yourself and your blogs with positive articles and link building around your sites. Integrating new content, search engine tracking, knowing when/where your band is mentioned and continually building new incoming links are all great ways to improve your brand/blog awareness online.
Local Focal Points
Google+ Local is more of a social media platform than a listing service. However, every scrap of exposure helps in the long run. By creating a business page/profile, you are able to circle up with industry-related companies and connect with consumers just like you would on Facebook, LinkedIn, and Twitter. However, unlike these other social media platforms, Local is Google-friendly. When an everyday user queries a search for a clothing store in their area, for example, results with Local tie-ins increases the chance of upping page rankings. But as mentioned before, it is important for companies to cover all of their bases instead of counting on one service rather than another.
The Rule of Two
For almost every enterprise out there, it is helpful to register both Local profiles and Place listings. The more control you have over your own brand’s positive online exposure the better. In essence, both platforms allow companies to share business NAP info (as in name, address, and phone numbers), company images, comments, and reviews. According to Search Engine Watch, the most important feature out of the two are Google Map listings, an advantage even Web-based businesses can use by adding URLs and consumer ratings.
Whether you are an online blog, personal brand or a land based local business, be sure to take advantage of all the link building and branding opportunities you have at hand to better improve your reach and reputation online.
What is Your Business Model | Authority Site, Niche Sites or Something Else?
A few of you know that I participate in 30 Day Challenge. The idea in brief is to set up semi-authority niche site (what does it mean ?) and compare the achievements with others on 1st November.
The idea is great, but during short “investigation” what niche I should choose and which keywords should I pick out, the basic question appeared: “what kind of site should I create; the authority site or niche site?”
The answer on that question is very important: I don’t have a lot of time to play around with another thin niche site. On the other hand – authority site needs even more effort…
First part of this year clearly show us that we have to really think about our business model –Google Penguin overturned SERPs, Amazon closed down some affiliate programs and turned off some accounts. What’s more – there was a lot of bans in the most lucrative program for niche sites – Google AdSense. And nobody knows why…
Blogosphere was boiling with anger and site owners were shuddering with fear. Do you remember that? Did you lost some traffic or maybe your AdSense account was also banned?
Okay, no more complaints and hassles – lets go to some news and facts.
Last week there was a debate on AdSense Flippers between Steve Scott and Mike Thomas about pros and cons of niche and authority sites. Both of them have their own arguments for and against, but I have the impression that nobody wins this debate…
In this post I want to share with you my point of view about niche and authority sites and my business model. At the end I will ask you about your opinion and your preferences – niche or authority sites?
Niche Sites
Pros:
- easy to set up
- low money investment
- low time investment
- if you have experience it’s almost automatic for you to earn money from it
- you can outsource the whole process
- faster ROI (Return on Investment) –first earnings appear after 1-2 months
Cons:
- in most cases only one source of traffic: Google (you can lost it in minutes)
- in most cases only one source of making money (you can lost it in minutes)
- probably lower ROI
Authority Site
Pros:
- easy to set up
- a lot of possibilities of earning money
- at least few sources of traffic
- your online effort (authority, brand) may be used in the real world
- probably higher ROI
Cons:
- long-term ROI (real money appear after 1-2 years)
- you can’t outsource a lot of tasks related with your authority site
- huge amount of time is needed to establish your authority, social proof and brand
Okay, and how about my business model?
As you know (if you don’t know it, please read section about), I have some websites on Polish market – few dozen niche sites (mostly in financial market) and one vortal (also on financial market). It works very well for me at this moment, but unfortunately a lot of traffic comes from Google. And big brother G. may change some rules in the future and … (uncensored words appeared)
Traffic for my niche site will come from:
- SEO (organic traffic)
- Mailing list (from my authority site and from separate lists)
- Social Media (Twitter, Facebook, other if appropriate)
- CPC Ads (Google AdWords, Facebook Ads)
- Authority site (posts)
The same will be with income– below you can see main sources of income for my future niche sites
Each niche site will earn money on:
2—5 related affiliates programs
My own e-product (probably ebooks or training programs)
Ads in CPC model (Google AdSense or something similar)
Ads in CPM model (only for niche sites with more than 10k page views per month)
I know that this model is very time-consuming and may take about one or even two years to see a results. But it should work. I hope…
Leveraging Twitter For Your Freelance Business
Social media applications such as Twitter can be effectively utilized as a tool for freelancers like yourself to promote your services. In a time when the world is connected through the internet, failing to employ such a simple strategy to connect with your potential and existing clients is a waste of opportunity. Remember that you are promoting to the rest of the world each time you post something in Twitter.
(Image source: Fotolia) |
The content then, is what matters. You can update your existing clients on your latest projects and network with freelancers like yourself. In your Twitter, you may link your followers to your professional blog where they can further explore your work and even better, re-tweet it to their own network. All these can bring you more business in the long run as these people go on to recommend you to potential clients.
Here are five possible ways to make good use of Twitter for your freelance business:
1. Connect With Relevant People
As you would probably agree with me, social networking platforms like Twitter and Facebook have definitely facilitated our access to such opportunities to exchange knowledge and insights to an unprecedented level. To effectively utilize such access, you must first connect with the right people to obtain valuable information from. For instance, following the tweets of designers would update you with some of their latest work, from which you may find inspirations or ideas for your own design.
Besides, there will always be things you can modify and improve about your business, be it the design of your work, marketing strategy or even the capacity of your web server. Twitter, being a great tool to network with people of the same field, is your key to refining your business. This is because freelancers like you are now able to share tips and critique each other’s work and approach. Such online relationships, although casual, can do wonders for you by widening your perspective on how things can be done.
2. Draw People To Your Blog
Twittering is a good way to inform your followers on any updates to your portfolio blog. However, the benefit of using Twitter goes beyond the purpose of simple notifications. Each time your followers get informed about your latest work or design, they may also send out a Tweet after checking out your site. This is especially when your work shows extraordinariness and your followers want to comment and compliment about it.
(Image source: Fotolia) |
Through a networking apparatus like Twitter, your blog gets promoted exponentially. This way, your blog, along with your awesome work, gets free publicity to more prospective clients. Also, supposing you have set up a Twitter account solely for your freelance business(which is advisable), then those who follow your Twitter are likely to be those relevant people you want to associate with your business. Once these people tweet or re-tweet about it, their followers are also the target audience you would want to promote your business to. In this manner, your blog isadvertised freely and specifically to those that matters.
3. Find Prospective Clients
A major component of Twitter is its search function that enables users to search for other users to follow. There, you can search for specific topic or interest and get a list of Twitter accounts for your consideration to follow. If you are looking for prospective clients, then this is great tool for yourself to get acquainted and develop a professional network with other freelancers or potential clients. Strike a conversation by replying to their tweets. It works the other way round as well. Having a Twitter account yourself, people are able to search for you and request to follow your tweets.
Don’t be surprised to receive messages requesting for your freelance services. They might have come across your tweets after combing through potential freelancers on Twitter, saw your work on your site and got impressed. Either that or they might have seen some random tweets of users who were following you and subsequently check out your blog.
In any case, such bi-directional search between yourself and other potential employerswould no doubt open up doors to more opportunities.
4. Establish Your Brand
Once you have a decent number of followers, it becomes a must to update them on your latest work so that they get constant reminder of your business. Focus on your specialty from the various services you provide and your followers will know what to expect from your updates. If, for instance, you’re a freelance web designer who is an expert in doing up creative typography for sites, then perhaps you can emphasize on the font design of your latest works in your tweets.
At the end of the day, it’s all about creating that association between what your business does best and your business brand. Once people can tie your brand to your brand’s selling point (in this case, the typography of web design), then you have established your brand well. As your followers consist of existing clients and potential ones as well, it is crucial to build a good reputation for your business and let the good words get spread throughout the entire network.
5. Be The Expert
If you want to get more referrals to clients through the internet, you need to build a name for yourself. To do that, post insightful updates to your Twitter and give your audience what they want to know. Providing meaningful comments on other’s work as well as your own will impress upon your audience that you’re passionate and serious about what you do. Besides, sharing your thoughts about designs is the first step to getting priceless feedback from other freelancers.
(Image source: Fotolia) |
Not all of us will eventually be considered as experts simply by giving our personal takes on designs and such. But if you managed to get there, your personal work will be taken more seriously. Your followers would be more likely to tweet the work of someone who is deem as the expert or the leader of the field. The end result is that you’ve earned yourself a good reputation, and that’s great because more people will hear of your work. This includes potential clients for your business.