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Showing posts with label Successful. Show all posts
Showing posts with label Successful. Show all posts

Wednesday, July 23, 2014

Successful Marketing For All Starts Business



The basic concepts of effective marketing but is not the product or service. Forget or ignore this fact at your peril. So many marketers worry because they lack a spectacular new product or service to sell, when what they should be doing is focusing on their chosen marketplace first. A marketplace is just a group of people who buy certain types of products or services, and they're reachable through specific media -- specialty magazines, TV ads, email lists, or whatever.

The marketplace will tell you what it wants. For example, golfers want to shave points off their scores in the fastest, easiest way possible. Therefore, they buy all kinds of gadgets so they can show off to their buddies and be heroes out on the links. There are different schools of thought about which type of club can help you lower your score the most. Some people say, "You've got to drive farther," while others say, "Drive for show, putt for go." Whatever your specific school of thought, in the end, it's all about lowering your score and impressing your friends -- and finding a faster, easier, less painful way to get that result even quicker.

These are matters of the heart -- of emotions -- and those who serve the golfing market best are in tune with these matters. Like all the most successful marketers, they start with the marketplace first, paying close attention to the kinds of items that are most appealing. If you focus on those things in your market, then you can be a so-so copywriter and still get wealthy -- because you've homed in on those key areas that you know are red-hot.

If you can't find an unfilled niche that people actually want filled, then look for the most appealing items in the market first -- i.e., those that sell best. If you focus only on trying to sell those types of items, you won't waste your time beating your head against the wall, trying to sell things that only excite or interest you. You'll be alert to what excites your marketplace, and now you can create something even better than what's already out there. This will help you understand your specific niche market and pull you even deeper into that niche, because as I like to say, there's riches in niches.

Always start with the market. I'm repeating that already because it's so important -- and most marketers just don't get it. Look at the people who comprise that market, and note exactly what they're buying. Let the market tell you what direction you should go, and you'll rarely, if ever, spin your wheels trying to sell them something nobody wants to buy. You're going into a market you know is full of eager, rabid buyers. You're going to improve the wheel just enough to make it a little better than what your competitors are offering, and grab some of that market in the process.

It's all about understanding what people want, and then developing products and services that appeal to that specific marketplace. Start with their biggest desires; what does the marketplace want the most? Then develop products and services that give it to them. 

That's one of the reasons I like information marketing. If you sell widgets or anything else you have to manufacture, whether it's a bottle of water or a dining room table, there are certain limitations on how you can market it and how you can go about creating products. But when you're an information marketer, there are all kinds of ways to create information. It could be as audio CDs, DVDs, books, reports, digital media, or any number of other delivery mechanisms.

Wednesday, June 4, 2014

Three Effective Factors Of Successful Business

Many different things that can contribute to a business being successful. With the hundreds and thousands of businesses starting every day, it is very easy for your business to fly under the radar. Let's be honest, it is not easy growing a successful business, but if you use these three factors to your advantage then your business will stand out.

Originality:

Originality is one of the few things that can make your business unique. What makes your business different from the millions of others? If your business isn't original then you are serving no purpose to the market. Coming up with original ideas certainly takes some time, but in the long run it will be worth it.

As a business, you want to be able to offer your customers/viewers something that they can't get anywhere else. You can do this in several ways, but having an original business name and logo is very important. Your name and logo is the face of your company. It provides a label that sticks with your company forever. On top of an original name, original content/products are also important.

Visibility:

Without visibility your original business idea will go to waste, and we wouldn't want that to happen. Luckily, there are some relatively simple ways anyone can promote their business.

Website - A website is one of the most popular ways to promote a business. In fact, some businesses are run strictly through a website. When setting up a website you want to be sure that your content is easy to access and search engine friendly. You want your viewers to be able to find what they are looking for. Stick with a color scheme and let your originality shine through your webpages.

Social Media - Having a social media presence is very crucial in today's age. If you don't have social media accounts for your business, then you are missing out on thousands of potential customers. I would highly suggest at least making a Facebook, Twitter, and Google+ page for your business. They each have a purpose and there is no better way to reach out to large groups of people for free.

Location - If you happen to be opening a storefront business, then location is key. Cheaper isn't always better, especially if that cheap building is right dab in the middle of a dark run down street. Stick with a budget and find a location that will bring you traffic.

Consistency:

Last but not least is consistency. Consistency, consistency, and more consistency. Did I mention consistency? Once you have an original concept and visibility, consistency will keep your business alive. Keep your social media pages alive. Interact with your followers, and don't ignore any questions they may ask. If you are running an online business you also want to keep fresh content on your website. I suggest at least posting some new content each and every day. Quality always comes before quantity though, so be sure not to posts tons of useless content with ads in every other sentence. Nobody likes spam, well unless it comes in a can.

No business can thrive without: originality, visibility, and consistency. No matter what kind of business you may be running, putting these factors.

Sunday, February 2, 2014

5 Key With Successful Incentive Travel Program

Although we have written volumes about the value of travel incentives, it is important to remember how many business objectives and return on investment initiatives are actually achieved when these programs are implemented correctly. Incentive travel is vital to maximizing relationships and profitability with your three key audiences: customers, channel sales affiliates, and employees. Increased customer loyalty, higher sales revenues and reduced employee turnover are the three prominent goals that travel incentives can achieve for you.

Executing a successful program however is extremely difficult. Melissa Van Dyke, President of the Incentive Research Foundation, has drawn on 20 years of expertise and feedback from industry executives to compile five keys to success for incentive travel programs in a recent issue of The Meeting Magazines.

1. Communication is key

When asked about what could lead a program to fail, the most common response was substandard communication efforts. This has been our experience as well. Too often marketing the program effectively and allocating a proper budget to do so takes a low priority in the overall travel incentive program budget. Poor timing, an already stretched budget and mundane emails to promote a program are all recipes for disaster. Many companies incorrectly expect a few text-heavy emails devoid of enthusiasm or exciting imagery to suffice.
 
Communication must be a top priority, not an afterthought, to properly motivate and achieve incremental performance and participant buy in. Understanding the exact steps the participants must take to receive the trip, their progress and standings in relation to others and how close they are to ultimately winning the prize need to be clearly communicated as the program progresses. Crystal clear communication is only the beginning however.

These communication pieces must also be inspiring and eye-catching. The communication channels must vary to catch the attention of even the most mobile sales person. The majority of the world has an attention deficit disorder in this age of instant gratification, social media and information overload. It is imperative to break through with compelling graphics, crafty language, strategic deployment and proper communication medium selection.
 
2. Visible management is a must

Management must ensure that their best producers feel like their efforts are recognized, appreciated, and valued. Top performers don't typically expect or crave a formal award ceremony, but they are appreciative when managers show up on site at events and interact with them in meaningful ways.

3. Culture is crucial

The program should be a direct reflection of your corporate culture. Just as the branding and marketing collateral of your company should fit the values of your organization, so should the incentive travel programs. A young, conservative company's trip should differ greatly from that of a conservative firm comprised of older individuals.

4. Fairness is fundamental

To properly motivate participants, rules should be easy to understand and perceived as fair. The way the brain processes perceived unfairness is similar to the way it reacts to a threat to one's life. Your contest should be challenging, yet fair and clearly communicated.

5. Lead with location
The biggest draw of your incentive travel program will be the location, plain and simple. Selecting a destination that resonates with your target audience is crucial. Emphasizing the great qualities of your destination should be obvious, but many fail to realize that this is aspect of the trip that speaks to participants the loudest. While management speaks in dollars and cents, participants have their eyes on the prize and respond to visual imagery and descriptive language about the destination.

Does your current incentive travel program address all five keys to success adequately? Do you see room to improve?

Don't have a program in place but are thinking of implementing one? Does your company possess the resources to address all 5 keys in-house.

Tuesday, July 9, 2013

Top Successful Business Keep Customers Happiness

Any successful business, you'll find a common theme. It isn't an expensive ad campaign or having a flashy product (although those things certainly help); ultimately what it comes down to is taking good care of the customer.

Let's take for example the tanning industry. This is an industry that is built on face- to- face interaction and direct sales to customers. The model for many tanning salons has customers returning on a frequent basis. This is a great model for return business and referrals which can be enhanced by taking care of the customer.

What most retailers don't know is that if a customer has a bad experience they are very likely to share this information with friends and family. Some studies estimate that a negative experience will be retold nine to fifteen times. That in itself is quite astounding, but this factor can be multiplied exponentially through review sites like Yelp and Google Local.

So is the answer just to keep customers happy? Yes it is, but there are several factors that lead to a customer's happiness. A properly trained staff that is polite and friendly can really go a long way to making customers happy. Additionally, ensuring that tanning beds are working and providing tanning lotions also enhance the retail experience.

Where many tanning salons can really shine is in their tanning booths. At an initial glance this looks like a costly and time consuming process, but it doesn't have to be. Many salons have found amazing success by using modular tanning walls. Modular construction fabricates all the walls, doors and other components off site and then ships them to the salon where there are assembled incredibly quick. These modular salon walls not only look amazing; they also can be moved or reconfigured quite easily.

Lastly, it is important to make a good first impression with salon customers. Many salons choose to transform their lobby into a place that is not only comfortable for their clients but also showcases some of the products they are selling. Placing a friendly staff person in the lobby will ensure the first impression a customer gets of the salon is a good one.

By taking care of the customer through providing great service and a comfortable atmosphere you'll be taking steps to ensure a positive rapport with your customers. If these steps aren't taken, the potential for a damaged reputation that is spread vi rally could have drastic consequences. very important customer's happiness.

Tuesday, June 25, 2013

Honest, Fair and Successful Business


You are best business man. You want more money in the bank. You wish you had more clients. You wish you didn't have to work so hard to make money. You would love your business to be able to run without you. You feel like you are flying by the seat of your pants. You have been doing everything on your own and are scared to let go and give someone else some responsibility.

But deep down inside you really know you need to get some help. You can have all of this. Even if you don't know how. You can start from scratch. You just need to be aware of this thing called accountability. It's all about taking responsibility for your decisions and actions. I'm talking 100% personal responsibility to get the things you want in the paragraph above.

How can I deal with accountability to myself if I don't know how to get what I want?

People can teach you the how.

• Financial planners can make a financial plan for you.
• Attorneys can advise you on what type of business structure you should have.
• Accountants can tell you how to plan for paying taxes.
• Marketing pros can teach you how to market your business.

However, it's not their job to hold you accountable. In fact, accountability is no one Else's job but yours. It's your job. It's about self respect and taking a no excuses approach once people show you the how. It's about implementing. It's about having integrity with yourself. Walking the talk, right?

I want you to accept the consequences of your choices. I don't want you to be a victim (it's not the economy) about what isn't working in your business or with your money.

As a Certified Financial Planner professional, here is my list of 9 things you can do in your financial life. Remember - it's about accountability.

1. Creating an automatic savings plan.
2. Following through on a debt reduction plan
3. Raising prices
4. Blocking off a day to work on business rather than in business
5. Actually hiring people to help you and paying for advice
6. Doing an estate plan. Creating a living trust for your kids
7. Hiring employees and paying them
8. Reinvesting money back into your business
9. Setting aside the correct amount of money to pay taxes

Just remember that you are not perfect. I want you to raise your level of ambition. You can start from scratch, as long as there is accountability to yourself.

Wednesday, April 10, 2013

Four Tips To Start Successful Export Business

Successful Export Business started is certainly not an easy task, given all the competition that is out there. Even if you have chosen to start a business in a niche that is not as exploited as others, you still have to face massive competition. Having said that, the main question is: how do you find buyers for export?

If you want to expand your business horizons by increasing the target market and exporting goods all over the world, then selling your products at an international scale can be very rewarding, both financially and professionally. The secret is to find a buyer to whom you can deliver goods and services on a constant basis, as this will generate a continuous flow of cash. Here you will find several hints and tips on how to find buyers for export:

1. Learn How to Advertise Your Product

In the business world, advertising is everything - it can take your business to the peak of success, or it can lead it to failure in several months' time. Despite the fact that advertising does involve an initial investment, you will likely recover all the invested money within 6-12 months.

The media offers your business the visibility and popularity it needs to stand out from the crowd, to differentiate itself from the competition. By advertising your business in an efficient manner, you will not even have to struggle to find buyers - they will eventually come to you, if your business becomes an authority in its field of activity!

2. Get as Many Business Connections as Possible

Business connections are undoubtedly the fastest, cheapest and most efficient way to advertise your business without spending a fortune on marketing services - basically, these connections spread the word about your products and services (which is basically word of mouth marketing). Business connections can raise brand awareness for your business not only from one country to another, but also from one continent to another.

A great idea is to set up partnerships or joint ventures with foreign organizations that know the local buyers - this way, your business will get the visibility it needs. Nonetheless, this involves thorough market research as this is a long-term investment and there is no room for mistakes!

3. Attend Trade Fairs

Attending trade fairs is an almost guaranteed way to draw the attention of potential buyers, as they offer the exporter the opportunity to display products and services in front of a variety of interested customers. However, these trade fairs do require a certain budget and they are usually categorized by the types of products they display: there are electronics fairs, automotive fairs, fairs with products for babies and children and such. Also, attending a fair requires a well-defined marketing strategy that is aimed at the target market.

4. Buying Agents

This should be a last resort option, as buying agents usually do not come cheap (although this is not a general rule!). Basically, these are people who know the market and the buyers, and they advertise your product or service. They act as intermediaries between the supplier and the buyer, and they not only deal with contacting potential buyers.