If You Believe Everyone is Your Target Market, You’re Really Targeting No One

Posted by: admin on Пятница, Апрель 2nd, 2010

If You Believe Everyone is Your Target Market, You’re Really Targeting No One

There’s an old marketing saying that goes like this “Target everyone and you target no one”. Nothing is truer. How can you develop effective marketing strategies and tools without knowing who you’re talking to?

Keywords:
small business marketing, how to identify your target market

Your target market is the group of people or companies to which your organization aims to sell its products or services. Well, you say, I want to sell to everyone. Why should I pick just one group?

There’s an old marketing saying that goes like this “Target everyone and you target no one”. Nothing is truer. How can you develop effective marketing strategies and tools without knowing who you’re talking to?

Let me explain with a short story. Take two hunters; one has a shotgun, the other a rifle. They’re both hungry and they’re both thinking duck al’orange for supper. Now, I know you don’t normally use a rifle for hunting duck, but this guy does, and who knows why.

Anyway, the ducks fly over the blind, and the guy with the shotgun jumps up and shoots wildly at the whole bunch. He figures he’s got a shotgun; he should be able to hit one of them. But he hasn’t waited until he sees them and he’s shot too soon. He completely misses the whole bunch, and the ducks veer off towards the hunter with the rifle.

The guy with the rifle (who’s seen the whole thing and is laughing to himself) stands quietly watching them fly overhead. He sites the biggest, fattest duck in his scope, holds his breath and fires. He can’t miss, and he gets to eat duck al’orange for supper that night, while the guy with the shotgun goes hungry.

You can think of your marketing the same way. If you just fire wildly at the whole market using a shot-gun effect, you’re liable to miss everyone. But if you research your target market and take aim at it with carefully thought-out marketing strategies, you’re liable to hit your target again and again.

Does it make more sense to you to fire wildly at the whole bunch, taking the chance you’re going to hit something or to take careful aim, one shot at a time? Sure, your target is smaller, but every shot is going to count! Which means, the chances of hitting your target are that much greater.

So how do you go about defining your target market?

You could start by asking questions. Brainstorm. Talk to friends, family, neighbors. Are they interested in your product or service? Would they buy it? Why or why not?

Whether your target market is business to consumer, or business to business, you’ll want to know who your best target is. Get down to the bare-bone details. Who exactly is your target market? You want to know them well.

If your business has a consumer target market, you’ll want to know:
• Are they women, men or both?
• How much money do they earn?
• What do they do for a living?
• What level of education do they have?
• How do they spend their extra cash
• Are they married, single, divorced?
• Do they have children?
• What kind of lifestyle do they lead?
• What are their attitudes and beliefs
• What are their interests?

And, if your target market is business to business you’ll want to know at least:
• Type of industry
• Annual sales
• Number of employees
• Whether they’re stable
• Their location
• Whether their business is seasonal
• Who makes the decisions

Once you’ve finished, you should have a good idea who your target market is. You might even want to go one step further and write a statement defining your ideal target market client.

Here’s an example for a weight loss product. “Our typical client is a young, married mother in her late twenties to mid thirties looking to lose post-pregnancy weight gain.”

Good luck finding your target market. It’ll help you identify marketing strategies that will work, and it’ll focus your marketing message because you’ll know exactly who you’re talking to.

Global Differential Pricing

Posted by: admin on Пятница, Апрель 2nd, 2010

Global Differential Pricing

According to IMS Health, poor countries are projected to account for less than one quarter of pharmaceutical sales in 2002. Of every $100 spent on medicines worldwide – 42 are in the USA, 25 in Europe, 11 in Japan, 7.5 in Latin America and the Caribbean, 5 in China and South East Asia, less than 2 in East Europe and India each, about 1 in Africa and the Commonwealth of Independent States (CIS) each.

Keywords:

In April 2002, the World Health Organization (WHO), the World Trade Organization (WTO), the Norwegian Foreign Ministry, and the US-based Global Health Council held a 3-days workshop about “Pricing and Financing of Essential Drugs” in poor countries. Not surprisingly, the conclusion was:

“… There was broad recognition that differential pricing could play an important role in ensuring access to existing drugs at affordable prices, particularly in the poorest countries, while the patent system would be allowed to continue to play its role in providing incentives for research and development into new drugs.”

The 80 experts, who attended the workshop, proposed to reconcile these two, apparently contradictory, aspirations by introducing different prices for drugs in low-income and rich countries. This could be achieved bilaterally, between companies and purchasers, patent holders and manufacturers, global suppliers and countries – or through a market mechanism.

According to IMS Health, poor countries are projected to account for less than one quarter of pharmaceutical sales in 2002. Of every $100 spent on medicines worldwide – 42 are in the USA, 25 in Europe, 11 in Japan, 7.5 in Latin America and the Caribbean, 5 in China and South East Asia, less than 2 in East Europe and India each, about 1 in Africa and the Commonwealth of Independent States (CIS) each.

Vaccines, contraceptives, and condoms are already subject to cross-border differential pricing. Lately, drug companies, were forced to introduce multi-tiered pricing following court decisions, or agreements with the authorities. Brazilians and South Africans, for instance, pay a fraction of the price paid in the West for their anti-retroviral AIDS medication.

Even so, the price of a typical treatment is not affordable. Foreign donors, private foundations – such as the Bill and Melissa Gates Foundation – and international organizations had to step in to cover the shortfall.

The experts acknowledged the risk that branded drugs sold cheaply in a poor country might end up being smuggled into and consumed in a much richer ones. Less likely, industrialized countries may also impose price controls, using poor country prices as benchmarks. Other participants, including dominant NGO’s, such as Oxfam and Medecins Sans Frontieres, rooted for a reform of the TRIPS agreement – or the manufacturing of generic alternatives to branded drugs.

The “health safeguards” built into the Trade-related Aspects of Intellectual Property Rights (TRIPS) convention allow for compulsory licensing – manufacturing a drug without the patent holder’s permission – and for parallel imports – importing a drug from another country where it is sold at a lower price – in case of an health emergency.

Aware of the existence of this Damocles sword, the European Union and the trans-national pharmaceutical lobby have come out last May in favor of “global tiered pricing”.

In its 2001 Human Development Report (HDR), the United Nations Development Program (UNDP) called to introduce differential rich versus poor country pricing for “essential high-tech products” as well. The Health GAP Coalition commented on the report:

“On the issue of differential pricing, the Report notes that, while an effective global market would encourage different prices in different countries for products such as pharmaceuticals, the current system does not. With high-tech products, where the main cost to the seller is usually research rather than production, such tiered pricing could lead to an identical product being sold in poor countries for just one-tenth-or one-hundredth- the price in Europe or the United States.

But drug companies and other technology producers fear that knowledge about such discounting could lead to a demand for lower prices in rich countries as well. They have tended to set global prices that are unaffordable for the citizens of poor countries (as with many AIDS drugs).

‘Part of the battle to establish differential pricing must be won through consumer education. The citizens of rich countries must understand that it is only fair for people in developing countries to pay less for medicines and other critical technology products.’ – stated Ms. Sukaki Fukuda-Parr” the lead author of the Report.

Public declarations issued in Havana, Cuba, in San Jose, Costa Rica in the late 1990’s touted the benefits of free online scholarship for developing countries. The WHO and the Open Society Institute initiated HINARI – Health InterNetwork Access to Research Initiative. Peter Suber, the publisher of the “Free Online Scholarship” newsletter, summarizes the initiative thus:

“Under the program, the world’s six largest publishers of biomedical journals have agreed to three-tiered pricing. For countries in the lowest tier (GNP per capita below $1k), online subscriptions are free of charge. For countries in the middle tier (GNP per capita between $1k and $3k), online subscriptions will be discounted by an amount to be decided this June. Countries in the top tier pay full price.

The six participating publishers are Blackwell Synergy, Elsevier Science Direct, Harcourt IDEAL, Springer Link, Wiley Interscience, and Wolters Kluwer. The subscriptions are given to universities and research institutions, not to individuals. But they are identical in scope to the subscriptions received by institutions paying the full price.”

Of 500 bottom-tier eligible institutions, more than 200 have already signed up. Additional publishers have joined this 3-5 years program and most biomedical journals are already on offer. Mid-tier pricing will be declared by January next year. HINARI will probably be expanded to cover other scientific disciplines.

Authors from developing countries also benefit from the spread of free online scholarship coupled with differential pricing. “Best of Science”, for example, a free, peer-reviewed, online science journal subsists on fees paid by the authors. It charges authors from developing countries less.

But differential pricing is unlikely to be confined to scholarly journals. Already, voices in developing countries demand tiered pricing for Western textbooks sold in emerging economies. Quoted in the Free Online Scholarship newsletter, Lai Ting-ming of the Taipei Times criticized, on March 26, 2002 “western publishers for selling textbooks to third world students at first world prices. There is a ‘textbook pricing crisis’ in developing countries, which is most commonly solved by illicit photocopying.”

Touchingly, the issue of the dispossessed within rich country societies was raised by two African Special Rapporteurs in a report submitted last year to the UN sub-Commission on Human Rights and titled “Globalization and its Impact on the Full Enjoyment of Human Rights”. It said:

” … The emphasis on R & D investment conveniently omits mention of the fact that some of the financing for this research comes from public sources; how then can it be justifiably argued that the benefits that derive from such investment should accrue primarily to private interests? Lastly, the focus on differential pricing between (rich and poor) countries omits consideration of the fact that there are many people within developed countries who are also unable to afford the same drugs. This may be on account of an inaccessible or inhospitable health care system (in terms of cost or an absence of adequate social welfare mechanisms), or because of racial, gender, sexual orientation or other forms of discrimination.”

Differential pricing is often confused with dynamic pricing.

Bob Gressens of Moai Technologies and Christopher Brousseau of Accenture define dynamic pricing, in their paper “The Value Propositions of Dynamic Pricing in Business-to-Business E-Commerce” as: “… The buying and selling of goods and services in markets where prices are free to move in response to supply and demand conditions.”

This is usually done through auctions or requests for quotes or tenders. Dynamic pricing is most often used in the liquidation of surplus inventories and for e-sourcing.

Nor is differential pricing entirely identical with non-linear pricing. In the real world, prices are rarely fixed. Some prices vary with usage – “pay per view” in the cable TV industry, or “pay per print” in scholarly online reference. Other prices combine a fixed element (e.g., a subscription fee) with a variable element (e.g., payment per broadband usage). Volume discounts, sales, cross-selling, three for the price of two – are all examples of non-linear pricing. Non-linear pricing is about charging different prices to different consumers – but within the same market.

Hal Varian of the School of Information Management and Systems at the University of California in Berkeley summarizes the treatment of “Price Discrimination” in A. C. Pigou’s seminal 1920 tome, “The Economics of Welfare”:

“First-degree price discrimination means that the producer sells different units of output for different prices and these prices may differ from person to person. This is sometimes known as the case of perfect price discrimination.

Second-degree price discrimination means that the producer sells different units of output for different prices, but every individual who buys the same amount of the good pays the same price. Thus prices depend on the amount of the good purchased, but not on who does the purchasing. A common example of this sort of pricing is volume discounts.

Third-degree price discrimination occurs when the producer sells output to different people for different prices, but every unit of output sold to a given person sells for the same price. This is the most common form of price discrimination, and examples include senior citizens’ discounts, student discounts, and so on.”

Varian evaluates the contribution of each of these practices to economic efficiency in a 1996 article published in “First Monday”:

“First-degree price discrimination yields a fully efficient outcome, in the sense of maximizing consumer plus producer surplus.

Second-degree price discrimination generally provides an efficient amount of the good to the largest consumers, but smaller consumers may receive inefficiently low amounts. Nevertheless, they will be better off than if they did not participate in the market. If differential pricing is not allowed, groups with small willingness to pay may not be served at all.

Third-degree price discrimination increases welfare when it encourages a sufficiently large increase in output. If output doesn’t increase, total welfare will fall. As in the case of second-degree price discrimination, third-degree price discrimination is a good thing for niche markets that would not otherwise be served under a uniform pricing policy.

The key issue is whether the output of goods and services is increased or decreased by differential pricing.”

Strictly speaking, global differential pricing is none of the above. It involves charging different prices in different markets, in accordance with the purchasing power of the local clientele (i.e., their willingness and ability to pay) – or in deference to their political and legal clout.

Differential prices are not set by supply and demand and, therefore, do not fluctuate. All the consumers within each market are charged the same – prices vary only across markets. They are determined by the manufacturer in each and every market separately in accordance with local conditions.

A March 2001 WHO/WTO background paper titled “More Equitable Pricing for Essential Drugs” discovered immense variations in the prices of medicines among different national markets. But, surprisingly, these price differences were unrelated to national income.

Even allowing for price differentials, the one-month cost of treatment of Tuberculosis in Tanzania was the equivalent of 500 working hours – compared to 1.4 working hours in Switzerland. The price of medicines in poor countries – from Zimbabwe to India – was clearly higher than one would have expected from income measures such as GDP per capita or average wages. Why didn’t drug prices adjust to reflect indigenous purchasing power?

According to the Paris-based International Chamber of Commerce (ICC), differential pricing is also – perhaps mostly – influenced by other considerations such as: transportation costs, disparate tax and customs regimes, cost of employment, differences in property rights and royalties, local safety and health standards, price controls, quality of internal distribution systems, the size of the order, the size of the market, and so on.

Differential pricing was made possible by the application of mass manufacturing to the knowledge society. Many industries, both emerging ones, like telecommunications, or information technology – and mature ones, like airlines, or pharmaceuticals – defy conventional pricing theory. They involve huge sunk and fixed costs – mainly in research and development and plant.

But the marginal cost of each and every manufactured unit is identical – and vanishingly low. Beyond a certain quantitative threshold returns skyrocket and revenues contribute directly to the bottom line.

Consider software applications. The first units sold cover the enormous fixed and sunk costs of authoring the software and the machine tools used in the manufacturing process. The actual production (”variable” or “marginal”) cost of each unit is a mere few cents – the wholesale price of the diskettes or CD-ROM’s consumed. Thus, after having achieved breakeven, sales revenues translate immediately to gross profits.

This bifurcation – the huge fixed costs versus the negligible marginal costs – vitiates the rule: “set price at marginal cost”. At which marginal cost? To compensate for the sunk and fixed costs, the first “marginal units” must carry a much higher price tag than the last ones.

Hal Varian studied this problem. His conclusions:

“(i) Efficient pricing in such environments will typically involve prices that differ across consumers and type of service; (ii) producers will want to engage in product and service differentiation in order for this differential pricing to be feasible; and, (iii) differential pricing will arise naturally as a result of profit seeking by firms. It follows that differential pricing can generally be expected to contribute to economic efficiency.”

Differential pricing is also the outcome of globalization. As brands become ubiquitous and as the information superhighway renders prices comparable and transparent – different markets react differently to price signals. In impoverished countries, differential pricing was introduced illegally where manufacturers insisted on rigid, rich-world, price lists.

Piracy of intellectual property, for instance, is a form of coercive (and illegal) differential pricing. The existence of thriving rip-off markets proves that, at the right prices, demand is rife (demand elasticity). Both piracy and differential pricing may be spreading to scholarly publishing and other form of intellectual property such as software, films, music, and e-books.

Consumers are divided on the issue of multi-tiered pricing tailored to fit the customer’s purchasing power. Not surprisingly, rich world buyers are apprehensive. They feel that differential pricing is a form of hidden subsidy, or a kind of “third world tax”.

On September 2000, Amazon.com conducted a unique poll – this time among customers – regarding differential pricing (actually, non-linear pricing) – showing different prices to different users on the same book.

Forty two percent of all respondents though it was “discrimination” and “should stop” – but a surprising 31 percent regarded it as “a valid use of data mining”. A quarter said it is “OK, if explained to users”. The comments were telling:

“I work over 80 hours a week. As a small business owner, I may make good money, but does that mean I should be charged more than unmotivated individuals who are broke because they don’t want to work more than 30 hours a week. I don’t think so … Should (preferred) customers disappear in (the) off-line world? Should Gold Cards or Platinum Cards disappear? …

The interesting thing is that discrimination of pricing is very common in the insurance industry – the basis for actuarial work and in airlines – based on load factors. The key is the pricing available to groups of customers with similar profiles … Simple supply and demand, competition from other suppliers should offset … A dangerous policy to implement … As a consumer I don’t necessarily like it, (unless I get a lower price!). However, economically speaking, (think of a monopolist’s MR curve) the ideal is to have each person pay the maximum amount that they are willing to pay.”

Topics: Sales | No Comments »

7 Rules for Social Networking Marketing Effectiveness

Posted by: admin on Пятница, Апрель 2nd, 2010
Relativity2 asked:


The social network is fast becoming the preferred in-sale of Web 2.0. If you are engaged in selling your products or services online, we? abundance that can

What’s the Objective of Your 1st Sales Appointment?

Posted by: admin on Пятница, Апрель 2nd, 2010

What’s the Objective of Your 1st Sales Appointment?

Do you have a defined objective for you 1st appointment? How do you measure it and what tools do you have in place to improve it?
If you’re 1st appointment to proposal ratio is less than 60%, here are some target reasons why and ways to quickly improve it.

Keywords:
sales leadership,sales training,sales performance,sales management training,corporate sales training

Have you defined what you want to happen at the conclusion of your 1st appointment? Only then can you actually set up a proficient sales methodology to achieve the defined objective more times than not. And with a pre-defined objective to your 1st appointment you can (1) set a realistic benchmark of success and (2) measure the outcome. It becomes part of your sales performance scorecard.

What is a 1st appointment to proposal ratio? It’s simply how many times you gain commitment with your prospect to take the next step, as outlined by your sales process.
Depending on your solutions-based product or service and your sales methodology, your ‘Next step’ may be one of the following:

An on-site demonstration
A trial period of your “widget”
A tour of your operations or manufacturing facility
A no-obligation survey
An evaluation and side-by-side comparison, apples to apples
A solution-based evaluation, apples to oranges

Whatever your ‘Gateway’ is, be sure to attach a business rule and definition to it, and then most importantly measure it.
For example, let’s look at a telecommunications company that provides voice, data and wireless services to their customer base. The objective of their first appointment is to gain commitment from their Target prospect to perform a diagnostic survey of their current services as it relates to their overall business imperatives and financial success factors for the current year and bring them back a ‘Blueprint’ of ROI based solutions.

With their 1st appointment objective ‘Gateway’ defined, they come to a decision to measure that gateway by having the target prospect sign a release form that enables them to contact their current service provider and request a specification report around line, data and feature connectivity.
The advantage of defining and measuring the first ‘Gateway’ is that it will provide you with a ‘Reality Mirror’ of how competent you are with the initial phase of your sales process. So if you have set a realistic benchmark company-wide of a 60% 1st Appointment to Proposal ratio and you have individuals below it, you can pro-actively provide them with targeted coaching and support tools to help them achieve the standard benchmark. And that drives more revenue.

If I walk into a sales division and diagnose their 1st appointment to proposal ratio is below 60%, I immediately know up to 5 specifics:

1. They are not calling on the Highest appropriate level of contact
2. They are not calling on the right type of company by industry or application
3. They have not defined a 1st appointment objective (A ‘Gain Commitment’ Gateway)
4. They have ‘no message’ or are poor at communicating the message
5. They are selling their services instead of selling the diagnostic steps in the Process and backing it up with 3rd party validations

The first two factors are directly related with whom you decide to call on.
You probably know who uses your product or service, but you might need some business acumen training to better understand the critical financial success indicators of your prospect parallel to their Front Burner business objectives.

More than often not, a low 1st appointment to proposal ratio is related to a process of not calling on the highest appropriate level of contact. By that I mean understanding the level of responsibility within a company that has the most input into a buying decision. Who has the ‘ownership’? Who is at the ‘need to know’ level? It may be more than one level or title, but it is important to resolve to a top-down selling process.

A top-down selling process will raise your 1st appointment to proposal conversion rates because you are in front of the appropriate person from the start. That person has enough clout to sign on to the next step or to legitimately dismiss the process. If you are dealing with a subordinate level, to the degree of which you are will be the degree your conversion rate will expeditiously decrease.

There was a start-up company in a recently de-regulated industry that had accumulated 300 million dollars in investor money to build a business. Their primary sales distribution channel was a direct sales team. They decided to retain a sales training firm to set up all sales strategies, appropriate processes and training to execute to their revenue goals. Interesting enough, they promoted just the opposite of a top down selling process.

They promoted a strategy and process of initiating contact with business receptionists. That’s right, the nice folks who sit in the lobby to answer and direct all the inbound calls. They felt if you promote yourself to these receptionists, flatter then with brand reference gifts, they would eventually lead you to the right person of authority to look at the sales proposition. After all, they know all the names and extensions, and who has what title.
I guess you could call it a bottom up selling process.

At the same time, I was heading up a direct sales team competing directly with their services in the same geographical area. We followed the sales strategies and processes I am outlining.
Our competitor’s sales cycle was longer and their average revenue per sale was smaller. Two years later, we had grown 509% and were acquired by a national company. That was the goal.
Our competitor filed chapter 11, let everyone go, and liquidated all assets. End of story.

The level of responsibility you decide to call on directly effects your 1st appointment to proposal ratio.
Here are (8) diagnostic tips to improve your ‘1st Appointment to Proposal’ ratio.
1. Employ an ROI-based lead generator system that contains data recognition, classification, and custom extraction specific to your business offering
2. Internally define what the objective of the 1st appointment is; a demo, a site visit, a survey or a proposal, set a benchmark of success and universally measure it.
3. Promote your Product/service offering in a way to provide a measurable soft or hard dollar ROI over time.
4. Call on the ‘Highest appropriate level of contact’ for your offering; one that that has fiscal authority if a proposal make business sense.
5. Use a diagnostic approach in your sales appointment to understand what your Prospect’s business objectives are in the short and long term.
6. Get some ‘Business Acumen’ training to become proficient in understanding how fiscal people measure their business and support your business offering with relevant terms such as ROI, IRR and Payback Period.
7. Don’t sell your product or service on the 1st appointment. Promote ‘the diagnostic steps of your process’ to evaluate the opportunity to increase performance, efficiencies or reduce costs.
8. Utilize a software proposal generator (non-Boiler-plate) that develops custom proposals specific to your Prospect’s required deliverables and how your solutions will facilitate them getting there sooner rather than later. Show examples during your 1st appointment process.
Defining a specific objective for your 1st appointment, setting a realistic benchmark of achievement and measuring the outcome will begin to get you on track to an 80%+ 1st appointment to Proposal ratio.
Then support the sales objective by developing or outsourcing quality tools tied to technology and best practices to allow more of your sales employees to achieve superior benchmark results.

Topics: Sales | No Comments »

Industrial cleaning machines: a constant growing sector

Posted by: admin on Четверг, Апрель 1st, 2010

Industrial cleaning machines: a constant growing sector

The business of cleaning machines and equipping is constantly expanding and Italian products are standing out for quality and competitiveness.

Keywords:
industrial cleaning, Veneto, Verona

Industrial hygiene and cleanliness are fundamental in order to guarantee high quality production. In fact, they provide workers with a better environment thus enhancing productivity and wellness.

Thanks to the decennial experience in the industrial-cleaning sector of its firms, Italy is one of the leading countries with the highest number of machines, produced and distributed within its borders and abroad.

Particularly, the Italian product is very much appreciated in USA and Spain where exports and companies’ investments in industrial sweepers and mechanical vacuum cleaner are at their highest pick.

Just thanks to exports and focused investments on web marketing, these firms are widening their horizons and setting new markets that finally contribute to the growth of both, production and industrial sector.

In these terms, Eureka Srl is a market leader in Italy and worldwide. Thanks to its experience and professionalism in the industrial cleaning sector, Eureka sells and hires out cleaning machines featuring high performances with extremely competitive prices and maintenance costs.

Beside traditional promotion and marketing, more and more Eureka’s investments focus on the Web with a new graphically-intriguing website and an on-line first level promotion on Italian and international search engines (in English and Spanish)

On this regard, you can easily look for its products on the Website, specifically developed to market industrial cleaning machines.

Instant Noodles, Instant Coffee, Instant Internet Connection. The Next Instant – Instant Wealth!

Posted by: admin on Четверг, Апрель 1st, 2010

Instant Noodles, Instant Coffee, Instant Internet Connection. The Next Instant – Instant Wealth!

Convenience. That is the keyword of this century. Everybody demands something to be done more efficiently and quickly. The people that are making the big bucks are the people that help bridge this gap. This is how you can profit from it

Keywords:
Affiliates, make money, clickbank affiliates, clickbank, adwords clickbank, promote products, increase affiliate sales, increase sales, make more affiliate sales, affiliate products, be an affiliate

You can easily meet the needs of instant information simply by being an affiliate with clickbank. Here’s why and how.

It is quick and simple and free! You do not need to pay anything to become an affiliate. You can instantly give instant solutions to people want to be rich instantly! Imagine the potential.

It is also fully automated, the statistics are there for you and you don’t even have to lift a finger! It really is an automated cash machine.

How you can profit from it.

Know your product
You need to be somewhat knowledgeable on the product to be able to promote it first. Buy the product yourself and list down all the benefits you can find. If that is really not possible, you should research on the product and read up testimonials and find as much as you can about it.

Traffic
The most vital and pertinent aspect to your success. Not only must you attract a large enough volume of traffic, but also targeted traffic – People interested in the products that you sell and are willing to buy. How do you achieve this? Simply by doing targeted advertising. Advertise only in places where there are targeted audiences. Google adwords is an excellent tool for doing this.

Some Traffic Generators

Article Submission. Just like this article. Endeavor to write a few a day and submit diligently to the various article directories out there. This is a very powerful back link generator and the traffic quality that you will be getting is also very high

Forum posting. Again, this is a very powerful free tool. It allows you to make intelligent comments and let you link to noticed at the same time. When you are familiar with the community enough, you may even blatantly promote your website to them!

Bookkeeping Accounting Software Essential Requirement of the Organization

Posted by: admin on Четверг, Апрель 1st, 2010

Bookkeeping Accounting Software Essential Requirement of the Organization

Account and Finance Critical Activity in the Small Bookkeeping Business. Accounting software is essential for any business as it gives many benefits like maintains all your financial records and helps in completing bookkeeping accounting requirements.

Keywords:
bookkeeping services, bookkeeping business, small business bookkeeping, bookkeeping software, small business bookkeeping software

In the area of Bookkeeping Accounting there are many critical financial activity which has require to compulsory in the small Organization to manage it. So For that Bookkeeping Accounting Software is essential in this time to get fast work. These types of work are very time consuming because of double data entry type of work. A useful benefit to those organizations and their financial staff is the quantity to which financial data maintain in the data base can be queried for financial control purpose.

Bookkeeping services India has own bookkeeping accounting software professional their expertise and experience handling most of the bookkeeping business accounting and financial software solutions:

* QuickBooks
* Peachtree
* Sage Line 50
* Quicken
* MYOB
* IRIS
* LaCerte
* Pro Tax

Financial Statements:
An accountant requires not only guarantee that the financial information is exact but also get any part of the accounting reports to reply bookkeeping accounting queries on the accounts. It is also offer a legal basis for the queries and report the financial statements at daily intervals.

But Financial Power is also required from middle level organization accounting software as the bookkeeper is often the head manager who has most important person understanding of every task. Templates are also required for reading and a perfect acquire of create a set of financial theory for tax purpose is that each inserted record is by other proof.

Accounting Software for small or middle level Business Profit:
Choose your Accounting Software for bookkeeping business but it is thing to do very carefully. Because of prefer your software will meet your most important work and your work running smoothly and improve your profit? There are numbers of bookkeeping accounting software available in the market but you have to find effectiveness, accurate and reliable from it and make your business fast. So be sure when your new business account software will purchase.

Any Bookkeeping Business requires the most important thing is Accounting Services. All process of Business has recorded carefully in day by day. For that Accounting Software is useful software for any Business to keep all your financial records and help to complete your bookkeeping accounting requirements. And generate daily, monthly and yearly reports for give you accurate future planning of your business.

If you are small Bookkeeping Business or large Business, you don’t want to hire personnel for software and want to low cost account software. For that it is best that use a web based software so you don’t worry about changing computers, storing the data and lost of data. And important thing is you can access it at any time.

Robert Smith Associates Public Relations

Posted by: admin on Среда, Март 31st, 2010

paulmajor asked:


We scan over 200 newspapers everyday and once we find topics that fit your expertise we contact the reporter immediately and plan a follow up interview for you. A

Who’s the First Person to Greet Your Customer?

Posted by: admin on Среда, Март 31st, 2010

Who’s the First Person to Greet Your Customer?

Ralph Waldo Emerson said “Life is not so short but that there is always time enough for courtesy.” I spent an interesting hour at the dentist’s office yesterday and the time actually flew. I found it fascinating and almost entertaining watching the young woman at the front desk. I guess I’m accustomed to being greeted by a receptionist with a smile and an attitude that conveys ‘thanks for coming to see us, not them’.

Keywords:
sales, marketing, hiring, front desk, receptionist, customer service, dental office

I approached her sliding glass window and stood in back of a gentleman whom I assumed she was helping. After about three minutes, I realized he was waiting for the office manager and she could have acknowledged my presence. I stepped up to the window; she did not say good morning; she did not smile; she just glared at me. I started to speak; she pointed a finger at a clip board with a paper to fill out. I placed the completed sheet in front of her, perhaps expecting a thank you or a smile or at least ‘have a seat; the doctor will see you soon’.

I was so intrigued by her manner that I watched her interaction with the other patients. The man sitting next to me started to tell me that even though he had an appointment he had been waiting a long time. He told me he was extremely dissatisfied with the way the place was run and was starting to regret his association with this office. With a bit of humor, I told him I was watching the receptionist and asked if she had uttered a word to him. He started to laugh, and said, “Come to think of it, not a word!”

The next patient to come in was an older woman with a walker. The receptionist was not at her desk so the woman took a seat and waited for her return. She again pointed at the clip board, took the form, threw her sliding glass door closed and said nothing. The next one was the mailman, who I’m sure she sees daily. Again, not a smile or a hello; she stuck out her hand for the mail and handed him the outgoing mail.

Now my new disgruntled friend and I were sort of enjoying this and decided that maybe she was a mute….and then it happened. A good-looking UPS delivery man came in. Lo and behold, there was a big smile and a voice that was able to say good morning! That was short lived. She treated the rest of the patients in her same rude uncaring manner, a total lack of personality.

To me, the ability to positively interact with the customer, no matter what the business, is most essential. Hire your receptionist with as much thought as you would hire a sales person. Some smart person once said “If today you give a stranger one of your smiles, it might be the only sunshine he sees all day.

Your 6-Step Plan For Press Release Placement

Posted by: admin on Среда, Март 31st, 2010

Your 6-Step Plan For Press Release Placement

There’s a clear way around press release failure and it’s called the pitch. A lot like it sounds a pitch is a fast throw at busy editors about a possible story. If they want to find out more, then you send the press release.

That leads me to a huge pet peeve: Sending out press releases via e-mail to a list of editors. From my experience it’s never – ever – worked. I no longer try it and suggest you don’t either. It’s a waste of your time and all of the editors. Instead:

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press release,press,release,news,letter,small,business

There’s a clear way around press release failure and it’s called the pitch. A lot like it sounds a pitch is a fast throw at busy editors about a possible story. If they want to find out more, then you send the press release.

That leads me to a huge pet peeve: Sending out press releases via e-mail to a list of editors. From my experience it’s never – ever – worked. I no longer try it and suggest you don’t either. It’s a waste of your time and all of the editors. Instead:

1. Focus on a handful of your “dream publications.” For me, I’d like to get into Fortune Small Business, Entrepreneur magazine and the Wall Street Journal. When picking your publications, think of your target audience. What do they read and why do they read it?

2. Pick the section you’d like to appear in. You never know, but chances are you won’t appear on the cover of the publication in your first attempt at placement, instead, focus on sidebars, resource listings and short news sections. Almost all print pubs have them. Look at it as the waiting room for bigger and better stories on the unique products and/or services you offer.

3. Find out who the editor is. Once you have your section, find out who’s in charge of it. You’ll need the person’s name, e-mail address and the most important element of successfully getting placed in the publication . . .

4. Learn what the editor needs. The number one thing you’ll need to know about the editors you’re targeting is the kind of information they want to publish in their sections. There are two ways to do that: You could ask, but then that could open up a can of worms if the editor doesn’t want to get calls – and most don’t. Or, you could compare a few back issues of the publication to find out what they’ve published in the past.

5. Create the pitch. You’ll want to start your pitch by stating your understanding of the editor’s needs. Then list – in clear bullet points – how your news fits his or her requirements. Note: Always leave your phone number in the text of the pitch e-mail to give the editor easy access to you – and your story.

6. Repeat steps 1 through 5 until you get a response. Sound tedious? Maybe. But at least the time you spend on this will reap much better results than sending one release out to thousands of editors – right along with other business people hungry for coverage.

Bottom line: It’s about building relationships with editors. And the only way to build a relationship is to find the need and fill it – consistently and considerately.

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