Archives for Business Management

How To Know EXACTLY What to Price For Your Products

Wouldn’t it be great if there was some way to know exactly what to price for your products, so you could make the most money? After all, if you price low you’ll make more sales. Price high and you’ll make fewer sales, but each sale will be worth more. You could look at your competition for clues. That’s how most marketers do it. You could ask your customers. You could ask your peers. You could even draw random numbers out of a hat… Do you see where I’m going with this?
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The Truths in Starting a Business

Some people need to build a full time income in their business before they can feel comfortable leaving their jobs. Perhaps they have a family and mortgage, and they need to know their income is solid before taking the plunge to full time. Others have to leave their jobs before they’ll get busy and start their business. For them, they need the ‘sink or swim terror’ to inspire them to take massive action.
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Are You Entering a Niche But With Zero Experience?

Good. Actually, great! Here’s what you do… Start a blog. From day 1, explain that you know nothing about (your new topic, such as cooking) but you’re on a quest to learn (a specific outcome or goal, like how to make the world’s best pancakes) and invite the reader to make the journey with you.
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4 Ways to Build Value by Investing in Your Customers

One of the things all successful small business owners will tell you is that to generate more revenue; it’s either important to find more customers or keep existing customers happy enough to continue buying more. Since small businesses by their nature have a rather limited market reach, it’s more cost efficient and perhaps easier to build value by investing in existing customers. The key is creating and fostering an environment where customers continue to be loyal to your brand, and that’s a worthy investment in the future of your business.
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Finding Opportunities With The Mistakes You Make

One of the most significant traits of a successful person is his or her ability to learn from their mistake and find opportunities when there seemingly aren’t any. While most people will feel, defeated and humiliated by their failure, there is always something to learn from it. The takeaway as we like to call it is all in the way you look at things. If you consider every failure to be part of finding a great opportunity, you will find opportunities which if anything improves your chances of success when you start over.
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