Changing consumer attitudes are driving Customer Relationship Management. Fuelled by Internet induced expectations and an even increasing mood of self reliance among customers, companies have to compete in an environment where communication, buying processes, data management, delivery and service are all-important in the battle for longterm, profitable relationships.
Customers now require:
- Control over the buying process (information, comparison,
selection, easy to find, use and respond to)
- The best possible price (including delivery, and without
compromise to brand or product quality)
- The quickest, slickest delivery system (preferably free)
- All payment options (secure)
- Communications designed to suit the particular need
(computerised; complex; caring)
The above apply whatever the form of trading:
- Direct
- Traditional
- Retail
- E-commerce
- Wholesale
- Combination
These attitudes combined with the development of new technology and the growing convergence of a number of 'new - new' and 'emerging - new' communications and distribution technologies such as:
- 'Fixed link' telephony and telemarketing
- Internet and VOIP
- Mobile telephony, SMS etc.
- Digital TV, Cable, Satellite
is leading to an increasing focus on Customer Relationship Management by all types of organisations, as they realise that technological change allows them to re-organise the way that they manage customer relationships and make them more profitable.
Organisations are searching for something far more holistic, consistent and yet dynamic.
To achieve that and a sustainable competitive advantage in Customer Relationship Management means working with the management team, staff and suppliers of the company, where reasonable and cost effective using technology (e.g. intranet, extranet) to help to deliver the actions necessary to maximise performance.
One must:
- Define profitable market sectors and customers
- Understand customers needs and expectations
- Identify profitable product and service propositions
- Create effective, efficient, adaptable, cost effective
infrastructures
Customer Relationship Management is: the customer focussed management of the whole relationship with each customer, in order to measure, create and increase income and reduce costs for each customer and customer segment and thus to generate greater positive lifetime value across the portfolio.
Customer Relationship Management requires the organisation to know the answers to questions such as:
- Which of my customers are profitable or unprofitable?
- Do I know their lifetime value?
- Which of my products and services are they buying and not
buying?
- Have I measured customers' purchase behaviour patterns, their
loyalty/retention/repeat purchase and multiple product
purchases?
- What channel preferences do customers have?
- Who are my most profitable customers and what is their
ranking/grouping by risk, by product service grouping, by
profit, and by revenue?
- What strategies can I use to improve a customer's
profitability profile?
It also requires the organisation to deliver customer value. Customers must feel that
the organisation:
- ‘Understands what I want’
- ‘Communicates with me’
- ‘Provides me with added value’
- ‘Gives me reasons not to switch’
- ‘Treats me as an individual’
To achieve these answers Customer Relationship Management requires focus on both sides of the equation:
- Customer Communications Management
- Process Quality Management
and on three key delivery mechanisms, those of:
- Proposition
- Processes
- People
To be fully effective at Customer Relationship Management an organisation has to position the business unit or enterprise (proposition, processes and people) so that the customer is as the centre of their business. True Customer Relationship Management means that the business has streamlined customer management through the integration of all customer 'touch points', such as marketing, customer service and payment in such a way that true customer satisfaction and loyalty appear to occur effortlessly.
Customer Relationship Management is not a 'fad' it is a business philosophy that helps to increase revenue, reduce costs and to build and retain a loyal customer base.
About the author:
Richard Hill is a director of E-CRM Solutions and has spent many years in seniordirect and interactive marketing roles. E-CRM http://www.e-crm.co.ukhelps you to grow by getting you more customers that stay with you longer. We provide practical solutions that pay for themselves. We help you to make sure that your marketing works.
Friday, July 27, 2007
What Part Do Commodities Play in the Market and in our Shopping?
Commodities are any goods or wares that are up for sale or trade. These things include such things as food, furniture, cars, or anything that is generally manufactured, sold or traded.
Commodities are a part of life! We use them all the time! The coffee on your cupboard, the cereals, the soap, the shampoo, the toothpaste – all of these constitute everyday commodities.
The word commodity comes from the French word commodité. This means ‘benefit’ or ‘profit.’ This too comes from the earlier Latin word commoditas which refers to good quality or propriety. The word commodité is related in meaning to the French word biens. Biens means goods. Many people use goods and commodities interchangeably.
Definition
As a business word, commodities are products that can in fact be worth more to their owner if sold instead of used. For example, you might have a large stock of canned goods that you won’t be able to consume before it expires. It would be better to sell them off instead, since you would benefit more from the sale than from just eating all of them.
In the business world, the most common examples of commodities are oil, chemicals, raw materials, canned goods and other consumer goods that are often bought or sold.
Originally commodities were things that had value. Commodities had to be uniform in their quality and mass produced by different entities to be considered as such. There is an unwritten contract among these producers that their products must be of such standard that they can be at least interchangeably used to some degree. This allows the consumers to, for example, to switch brands of flour when baking without having to agonize too much over the brand of the flour product.
Let us take, for example, producers of powdered milk. Although they belong to different brands with different organizations and process management, they will still be expected to produce a powdered milk brand that is similar, in category. There will be differences in quality, taste and some other attributes. However, when you think of powdered milk, these products will have to fit the bill.
Strictly speaking, commodities will often refer to wholesale or brandless goods. This means that the commodities will come from direct suppliers of these goods and do not go through the process of marketing, and branding.
A good example of this is oil. The supplier in this case does not matter. Oil is assumed to be oil, and that the use of such should not depend on the supplier. That is why, in commodities trading, once you’ve seen one barrel of oil, you’ve seen them all.
Branding
Producers may want to have their products distinguishable from other products. To do this, they employ branding. Branding is the activities engaged to make a product, from a certain producer, stand out from other products of the same kind. Taking the milk example from earlier, we could give one of the producers the name, Moo Milk. It could be told apart from others because of its label, marketing, and container. It might differ a bit from other products in quality.
This will most definitely increase the price of the goods. The upside to this is that the particular product with the best brand name and brand recognition is sure to get a better portion of the market.
About the author:
David Arnold Livingston is a successful business owner
and entrepreneur. He recommends the resource:
For Commodities
Commodities are a part of life! We use them all the time! The coffee on your cupboard, the cereals, the soap, the shampoo, the toothpaste – all of these constitute everyday commodities.
The word commodity comes from the French word commodité. This means ‘benefit’ or ‘profit.’ This too comes from the earlier Latin word commoditas which refers to good quality or propriety. The word commodité is related in meaning to the French word biens. Biens means goods. Many people use goods and commodities interchangeably.
Definition
As a business word, commodities are products that can in fact be worth more to their owner if sold instead of used. For example, you might have a large stock of canned goods that you won’t be able to consume before it expires. It would be better to sell them off instead, since you would benefit more from the sale than from just eating all of them.
In the business world, the most common examples of commodities are oil, chemicals, raw materials, canned goods and other consumer goods that are often bought or sold.
Originally commodities were things that had value. Commodities had to be uniform in their quality and mass produced by different entities to be considered as such. There is an unwritten contract among these producers that their products must be of such standard that they can be at least interchangeably used to some degree. This allows the consumers to, for example, to switch brands of flour when baking without having to agonize too much over the brand of the flour product.
Let us take, for example, producers of powdered milk. Although they belong to different brands with different organizations and process management, they will still be expected to produce a powdered milk brand that is similar, in category. There will be differences in quality, taste and some other attributes. However, when you think of powdered milk, these products will have to fit the bill.
Strictly speaking, commodities will often refer to wholesale or brandless goods. This means that the commodities will come from direct suppliers of these goods and do not go through the process of marketing, and branding.
A good example of this is oil. The supplier in this case does not matter. Oil is assumed to be oil, and that the use of such should not depend on the supplier. That is why, in commodities trading, once you’ve seen one barrel of oil, you’ve seen them all.
Branding
Producers may want to have their products distinguishable from other products. To do this, they employ branding. Branding is the activities engaged to make a product, from a certain producer, stand out from other products of the same kind. Taking the milk example from earlier, we could give one of the producers the name, Moo Milk. It could be told apart from others because of its label, marketing, and container. It might differ a bit from other products in quality.
This will most definitely increase the price of the goods. The upside to this is that the particular product with the best brand name and brand recognition is sure to get a better portion of the market.
About the author:
David Arnold Livingston is a successful business owner
and entrepreneur. He recommends the resource:
For Commodities
E-currency Exchange Trading
I have searched high and low and tried MLM's such as Market America, Quixstar, Trek Alliance and Amway. The business idea works, however people need to sell products and build their downline to be successful. I hated the idea of trying to convince people that Market America, Quixstar and all the other MLM's worked. In fact, that was the hardest thing to do was to convince somebody that these MLM's worked!
I have finally found a system that involves no selling, no downline and and garunteed profits with a little learning involved. I thought this couldn't be true, I actually don't have to sell something and didn't have to build a downline!
Let me explain how it works. There are hundreds of companies on the internet that deal with electronnic funds, such as Netpay, PayPal and INTgold. Currency exchanging is relatively unknown but incredibly lucrative business opportunity. While Currencies are traded all over the world (like with Forex), there are both US-based and offshore trading houses that need your flow of dollars to facilitate their business operations.
This is where you,"The Merchant" comes in. By making funds temporarily avaliable to the Global Exchange Network creates float. The company we work with is able to borrow against this dollar amount and the commissions come back to us. The funds you lend to the network are typically returned in a 24 to 36 hour time frame. For example, by pushing $100 in INTGold to another person in exchange you recieve a fee of $3.50. This process takes about 30 seconds. When the funds come back into your account you make another $1. $4.50 isn't bad for something that takes 15 seconds to do. There are other ways to cycle this money back through the system and reinvest profits to your bottom line. On top of building float, your investment is compounded daily and you easily make gains of .35% off of your investment per day. How much is that? Well if you invested $100 that would be 35 cents per day profits. Now imagine when your investment grows to $1000 and $5000.... even $10,000 your daily profits are easily $35 per day. Remember the best part about this is that is compounded daily!
How much can you start with? You can start with as little as $25.00 I recommend a few hundred dollars until you get to know the system and become more comfortable with the exchange network.
I learned the e-currency exchange network through a group of friends online. It is extremely difficult trying to learn how to do this sitting in chat rooms and reading posts. I finally gave in and purchased a guide that literally enabled me to double my investment in under a month. I am very pleased with my results and I can now kiss those MLM's that require downline building and selling goodbye forever!
About the author:
If you would like to inquire more information about e-currency exchange visit our website at wwww.mazumoney.net
If you have any questions don't hesitate to e-mail us at onlinesupport@mazumoney.net I am very down to earth and would not have any problems speaking to you personally if you request a phone call through our support e-mail.
URL: www.mazumoney.net
E-mail: onlinesupport@mazumoney.net
Please don't hesitate. Take a look at this opportunity, I can garuntee as long as follow the steps to invest properly you will not be sorry!
I have finally found a system that involves no selling, no downline and and garunteed profits with a little learning involved. I thought this couldn't be true, I actually don't have to sell something and didn't have to build a downline!
Let me explain how it works. There are hundreds of companies on the internet that deal with electronnic funds, such as Netpay, PayPal and INTgold. Currency exchanging is relatively unknown but incredibly lucrative business opportunity. While Currencies are traded all over the world (like with Forex), there are both US-based and offshore trading houses that need your flow of dollars to facilitate their business operations.
This is where you,"The Merchant" comes in. By making funds temporarily avaliable to the Global Exchange Network creates float. The company we work with is able to borrow against this dollar amount and the commissions come back to us. The funds you lend to the network are typically returned in a 24 to 36 hour time frame. For example, by pushing $100 in INTGold to another person in exchange you recieve a fee of $3.50. This process takes about 30 seconds. When the funds come back into your account you make another $1. $4.50 isn't bad for something that takes 15 seconds to do. There are other ways to cycle this money back through the system and reinvest profits to your bottom line. On top of building float, your investment is compounded daily and you easily make gains of .35% off of your investment per day. How much is that? Well if you invested $100 that would be 35 cents per day profits. Now imagine when your investment grows to $1000 and $5000.... even $10,000 your daily profits are easily $35 per day. Remember the best part about this is that is compounded daily!
How much can you start with? You can start with as little as $25.00 I recommend a few hundred dollars until you get to know the system and become more comfortable with the exchange network.
I learned the e-currency exchange network through a group of friends online. It is extremely difficult trying to learn how to do this sitting in chat rooms and reading posts. I finally gave in and purchased a guide that literally enabled me to double my investment in under a month. I am very pleased with my results and I can now kiss those MLM's that require downline building and selling goodbye forever!
About the author:
If you would like to inquire more information about e-currency exchange visit our website at wwww.mazumoney.net
If you have any questions don't hesitate to e-mail us at onlinesupport@mazumoney.net I am very down to earth and would not have any problems speaking to you personally if you request a phone call through our support e-mail.
URL: www.mazumoney.net
E-mail: onlinesupport@mazumoney.net
Please don't hesitate. Take a look at this opportunity, I can garuntee as long as follow the steps to invest properly you will not be sorry!
Are You One of the New Disposable Workers?
Part III - American Dream or American Myth?
At the beginning of the 1900’s the industrial revolution was the new engine of the american economy and workers were a disposable commodity. The typical worker lined up at the factory door each morning before dawn hoping to hired on the for the day. Only a few skilled workers (tool and die makers and machine set-up specialists) were “full-time”, and there were no regular raises, holidays, vacations, or benefits. Corporations and “trusts” called the shots and workers took what they could get.
Part of our barbaric “Robber Baron” past you say? Think again. Fast forward 100 years and the working world is beginning to look very much the same. Approximately 25% of our workforce is comprised of temporary workers and that number is projected to grow to 40% by the year 2010! The largest employer in the U.S. is Manpower Inc., a huge “temp” agency trading the latest commodity...your labor. The difference between now and 100 years ago is that its not just the labor of muscle and sweat, it is the labor of skill and specialized knowledge, and includes attorneys, accountants, college professors, scientists, software engineers, and business executives. This growing army of “contingent workers” typically works for 8 to 40% less than their “full-time” counterparts, without benefits, and on an as-needed “just-in-time” basis.
Is this new employment model an evil plot by corporate america to suppress the american worker? Not really. Corporations just do what they are structured to do. They minimize costs (including labor) and maximize profits for their shareholders within the boundaries of the market place and the market for labor is now global. During the last 20 years or so the american corporation has quietly evolved and restructured. In large part they have just adapted to a new global and digital economy. It would not be a stretch to say that we are in the middle of a “new economy” revolution every bit as disruptive as the industrial revolution a hundred years ago and that labor (skilled and professional), especially american labor, is at the short end of the stick.
The old corporate model was rigid and highly structured. It was one of high vertical and horizontal integration, somewhat slow to make and implement decisions, highly controlled, and formally structured. It was also highly unionized with a relatively permanent workforce that enjoyed high wages, pensions, and health insurance (i.e. General Motors and U.S. Steel). This model dominated after WWII when the U.S. dominated the world economy and U.S. corporations faced very little global competition.
However, global competition, free trade, and a digital age required a new model capable of rapid change and maximum flexibility. As corporate america evolved into this new model, american workers experienced “re-engineering”, downsizing, “rightsizing” (after mergers), off-shoring, outsourcing, the death of pensions and the birth of 401K’s, shared healthcare costs, and the rapid rise in population of the just-in-time or “contingent” worker. At the extreme the “new” corporation is “virtual”, with a few key employees and executives at the core and a network partner companies and contingent employees always in flux to meet the demands of a rapidly changing global market.
This new trend of contingent labor has also spread to the public sector and shows no sign of slowing down or stabilizing. Many highly skilled and educated workers have been turned into reluctant “free agents” whose value has been bid down by a global labor market. These workers may think they are entrepreneurs, but they are really just employees without health benefits, no different than the factory worker of a 100 years ago lining up at dawn and hoping to be hired on for the day.
About the author:
John Van Doren is former turnaround and startup executive in the manufacturing sector. His is currently an independent entrepreneur with a website {www.youramericandream.info} devoted to redefining the American Dream in the context of a digital and global economy.
At the beginning of the 1900’s the industrial revolution was the new engine of the american economy and workers were a disposable commodity. The typical worker lined up at the factory door each morning before dawn hoping to hired on the for the day. Only a few skilled workers (tool and die makers and machine set-up specialists) were “full-time”, and there were no regular raises, holidays, vacations, or benefits. Corporations and “trusts” called the shots and workers took what they could get.
Part of our barbaric “Robber Baron” past you say? Think again. Fast forward 100 years and the working world is beginning to look very much the same. Approximately 25% of our workforce is comprised of temporary workers and that number is projected to grow to 40% by the year 2010! The largest employer in the U.S. is Manpower Inc., a huge “temp” agency trading the latest commodity...your labor. The difference between now and 100 years ago is that its not just the labor of muscle and sweat, it is the labor of skill and specialized knowledge, and includes attorneys, accountants, college professors, scientists, software engineers, and business executives. This growing army of “contingent workers” typically works for 8 to 40% less than their “full-time” counterparts, without benefits, and on an as-needed “just-in-time” basis.
Is this new employment model an evil plot by corporate america to suppress the american worker? Not really. Corporations just do what they are structured to do. They minimize costs (including labor) and maximize profits for their shareholders within the boundaries of the market place and the market for labor is now global. During the last 20 years or so the american corporation has quietly evolved and restructured. In large part they have just adapted to a new global and digital economy. It would not be a stretch to say that we are in the middle of a “new economy” revolution every bit as disruptive as the industrial revolution a hundred years ago and that labor (skilled and professional), especially american labor, is at the short end of the stick.
The old corporate model was rigid and highly structured. It was one of high vertical and horizontal integration, somewhat slow to make and implement decisions, highly controlled, and formally structured. It was also highly unionized with a relatively permanent workforce that enjoyed high wages, pensions, and health insurance (i.e. General Motors and U.S. Steel). This model dominated after WWII when the U.S. dominated the world economy and U.S. corporations faced very little global competition.
However, global competition, free trade, and a digital age required a new model capable of rapid change and maximum flexibility. As corporate america evolved into this new model, american workers experienced “re-engineering”, downsizing, “rightsizing” (after mergers), off-shoring, outsourcing, the death of pensions and the birth of 401K’s, shared healthcare costs, and the rapid rise in population of the just-in-time or “contingent” worker. At the extreme the “new” corporation is “virtual”, with a few key employees and executives at the core and a network partner companies and contingent employees always in flux to meet the demands of a rapidly changing global market.
This new trend of contingent labor has also spread to the public sector and shows no sign of slowing down or stabilizing. Many highly skilled and educated workers have been turned into reluctant “free agents” whose value has been bid down by a global labor market. These workers may think they are entrepreneurs, but they are really just employees without health benefits, no different than the factory worker of a 100 years ago lining up at dawn and hoping to be hired on for the day.
About the author:
John Van Doren is former turnaround and startup executive in the manufacturing sector. His is currently an independent entrepreneur with a website {www.youramericandream.info} devoted to redefining the American Dream in the context of a digital and global economy.
What MACD & RSI Mean in Forex Trading?
As a forex trader your main objective must be to become a profitable trader. In order to achieve this goal, it is vital that you learn how to use the widely known technical indicators. These are very useful parameters that will tell you with a high probability what the forex markets are more likely to do in their apparently disordered behavior as observed on the forex charts.
Among these indicators you will find the MACD and RSI; but what’s the meaning of these letters?, you may be asking yourself. Well, here is the answer:
Moving Average Convergence Divergence: MACD is a more detailed method of using moving averages to find trading signals from price charts. Developed by Gerald Appel, the MACD plots the difference between a 26-day exponential moving average and a 12-day exponential moving average. A 9-day moving average is generally used as a trigger line, meaning when the MACD crosses below this trigger it is a bearish signal (time to sell) and when it crosses above it, it's a bullish signal (time to buy).
As with other studies, traders will look to MACD studies to provide early signals or divergences between market prices and a technical indicator. If the MACD turns positive and makes higher lows while prices are still tanking, this could be a strong_buy signal. Conversely, if the MACD makes lower highs while prices are making new highs, this could be a strong bearish divergence and a sell signal.
RSI stands for Relative Strength Index. The RSI measures the markets activity as to whether it is over bought or over sold. It gives a trader an indication as to which way the Market is moving. It is important to note, that this is a leading indicator and thus allows one to see what the market is about to do and then act accordingly. The higher the RSI number, the more over bought it is and conversely the lower the RSI number, the more over sold it is. It is a great leading indicator for the micro and macro reversals in the forex market. By using an RSI on the 1 minute chart set at a period of 18 and overlaid on the bottom of your charts tend to give the best entry signals. This can also be applied to the 5-minute chart as well. The two significant entry numbers are 25 and 75.
About the author:
Adrian Pablo; Forex trader and freelance writer.
>> http://www.1-forex.com
Among these indicators you will find the MACD and RSI; but what’s the meaning of these letters?, you may be asking yourself. Well, here is the answer:
Moving Average Convergence Divergence: MACD is a more detailed method of using moving averages to find trading signals from price charts. Developed by Gerald Appel, the MACD plots the difference between a 26-day exponential moving average and a 12-day exponential moving average. A 9-day moving average is generally used as a trigger line, meaning when the MACD crosses below this trigger it is a bearish signal (time to sell) and when it crosses above it, it's a bullish signal (time to buy).
As with other studies, traders will look to MACD studies to provide early signals or divergences between market prices and a technical indicator. If the MACD turns positive and makes higher lows while prices are still tanking, this could be a strong_buy signal. Conversely, if the MACD makes lower highs while prices are making new highs, this could be a strong bearish divergence and a sell signal.
RSI stands for Relative Strength Index. The RSI measures the markets activity as to whether it is over bought or over sold. It gives a trader an indication as to which way the Market is moving. It is important to note, that this is a leading indicator and thus allows one to see what the market is about to do and then act accordingly. The higher the RSI number, the more over bought it is and conversely the lower the RSI number, the more over sold it is. It is a great leading indicator for the micro and macro reversals in the forex market. By using an RSI on the 1 minute chart set at a period of 18 and overlaid on the bottom of your charts tend to give the best entry signals. This can also be applied to the 5-minute chart as well. The two significant entry numbers are 25 and 75.
About the author:
Adrian Pablo; Forex trader and freelance writer.
>> http://www.1-forex.com
Alternative Business Client Gifts
(ARA) - It is customary for businesses to give gifts of appreciation to their clients and employees during the holiday season; one that says a lot about a company’s values, makes a real difference in the world and honors clients and employees is a gift to a charity in the customer’s name.
Dan Guzman, a broker in the Dow Jones futures pit at the Chicago Board of Trade, had great success with this concept, last year, when he decided it was time to show the public that traders not only have hearts, they understand others don’t have it so good. He suggested that his co-workers offer their support for the work of Heifer International, a nonprofit organization that provides farm animals to poor families in 48 countries around the world. He was overwhelmed at the generosity of the approximately 30 traders in the Dow pit who gave -- they collected $15,000.
“I call it the Dow challenge,” says Guzman. “The money you raise isn’t the most important thing. What’s important is the awareness you raise.”
Guzman learned of Heifer when reading about poor children spending all their waking hours hunting for food. He imagined his own nine-year-old in that situation and his heart broke. “It felt great presenting the check to Heifer International’s Chicago regional director, Rosemary Larson, on the trading room floor. I knew lives would be forever changed for the better,” says Guzman.
Bob Stiller, CEO of Green Mountain Coffee Roasters, had a similar experience. “I first became aware of Heifer International and the work they are doing to end world hunger when I received their gift catalog. I thought the symbolic gift of animals was a great idea and over the years personally used them to honor my friends and business colleagues. Last year, my office coffee division used the animal gifts for their best customers. The life-affirming gifts were well received by our customers, who told us this gift reflected our company’s core values,” says Stiller.
Heifer International is leading a response to the alternative business-to-business giving trend by creating its first “Most Important Gift Catalog in the World,” for businesses. Heifer makes it easy for businesses to convey their gift by offering special cards and a new book, called “One World, One Family” as fulfillment pieces. The book’s beautiful photos tell a story of lives that are changed through partnerships with Heifer International. To order this catalog, call (800) 696-1918, or go to www.heifer.org/business. To learn more about Heifer, the leader in world hunger solutions, visit www.heifer.org
Courtesy of ARA Content
About the author:
Courtesy of ARA Content
Dan Guzman, a broker in the Dow Jones futures pit at the Chicago Board of Trade, had great success with this concept, last year, when he decided it was time to show the public that traders not only have hearts, they understand others don’t have it so good. He suggested that his co-workers offer their support for the work of Heifer International, a nonprofit organization that provides farm animals to poor families in 48 countries around the world. He was overwhelmed at the generosity of the approximately 30 traders in the Dow pit who gave -- they collected $15,000.
“I call it the Dow challenge,” says Guzman. “The money you raise isn’t the most important thing. What’s important is the awareness you raise.”
Guzman learned of Heifer when reading about poor children spending all their waking hours hunting for food. He imagined his own nine-year-old in that situation and his heart broke. “It felt great presenting the check to Heifer International’s Chicago regional director, Rosemary Larson, on the trading room floor. I knew lives would be forever changed for the better,” says Guzman.
Bob Stiller, CEO of Green Mountain Coffee Roasters, had a similar experience. “I first became aware of Heifer International and the work they are doing to end world hunger when I received their gift catalog. I thought the symbolic gift of animals was a great idea and over the years personally used them to honor my friends and business colleagues. Last year, my office coffee division used the animal gifts for their best customers. The life-affirming gifts were well received by our customers, who told us this gift reflected our company’s core values,” says Stiller.
Heifer International is leading a response to the alternative business-to-business giving trend by creating its first “Most Important Gift Catalog in the World,” for businesses. Heifer makes it easy for businesses to convey their gift by offering special cards and a new book, called “One World, One Family” as fulfillment pieces. The book’s beautiful photos tell a story of lives that are changed through partnerships with Heifer International. To order this catalog, call (800) 696-1918, or go to www.heifer.org/business. To learn more about Heifer, the leader in world hunger solutions, visit www.heifer.org
Courtesy of ARA Content
About the author:
Courtesy of ARA Content
The Simple Tactic the Internet Gurus use to Turn Time into Money!
Have you ever noticed that some people seem to spend years and waste thousands of dollars trying to make there home business “work” while others seem to just hit the ground running? Do you ever wonder why some people seem to have a sort a magical Midas touch when it comes to making money while others don’t?
I’ll tell you exactly why. Are you ready? Those that make money know that time is money and those that don’t make money have not realized this. That’s really all there is to it.
Let me explain, all business really is is the act of you trading your time for your customers money. If you are effective at doing the tasks that make this transaction happen as efficiently as possibly then you will be perceived as one of those with the mythical Midas touch. If not, then you’re just like most of us. That is, most of us will do the exact opposite.
It seems sort of paradoxical. Why would we spend so much time doing things that aren’t going to help us make money?
Honestly, it’s human nature that holds us back. We don’t know that we’re not doing the tasks that are going to make us money, because we think we are. In essence, we trick ourselves.
Let me explain what the typical online home business entrepreneur does. First, He’ll see an enticing eBook that seems to show some promise then he’ll buy and read it. After that, he’ll try to put some of the theory he’s learned into action.
This my friends, is where he messes up.
He’ll try to put what he’s learned in the book into action without research and without proper preparation. Then when things don’t turn out correct he’ll get discouraged and quit until he finds a next hot eBook title that arouses his interest. Then he buys that one and the whole process cycles again. A year passes and all this guy knows is that he’s spent thousands of dollars and effectively learned nothing concrete.
You see, the typical home business entrepreneur thinks he is doing what’s most effective and will lead to earning the most money by dropping what didn’t work and shifting his resources to the next idea. He thinks eventually he’s going to hit the jackpot and find the diamond in the rough. Ironically, it’s this exact attitude that will ensure that he’ll never find that diamond in rough. You see, in actuality, there is no diamond in the rough.
This is an important point so pay attention, EVERY eBook and every article our typical home business entrepreneur has read had been sold to him in the SAME WAY! He didn’t even notice it! He was too busy learning all his cool new business strategies. Let me repeat the last point for you, all the information that he had learned was different, but the median for its distribution was always the same.
That’s the secret the guru’s don’t tell you. The sales model is ALWAYS the same.
So, here’s the difference between the average home business entrepreneur and the home business entrepreneur with the Midas touch. Those that seem to hit the ground running learn the fundamentals first. They learn basic marketing principle then find something to market and then lastly try all the fancy stuff the guru’s tell them. And well, we already know what average home based business opportunity seeker does.
The gurus are masters of basic marketing principles. So, the most effective use of your time and money from the outset if you’re serious about becoming a successful home business entrepreneur is to master the basics of marketing.
It’s all marketing! Nothing more and nothing less…
About the author:
Daegan Smith is the Ex-NCAA Wrestler Turned Webmaster of
Perfect Home Based Business Opportunities - The Internet's Top Home Based Business Opportunities Free Information Resource!
I’ll tell you exactly why. Are you ready? Those that make money know that time is money and those that don’t make money have not realized this. That’s really all there is to it.
Let me explain, all business really is is the act of you trading your time for your customers money. If you are effective at doing the tasks that make this transaction happen as efficiently as possibly then you will be perceived as one of those with the mythical Midas touch. If not, then you’re just like most of us. That is, most of us will do the exact opposite.
It seems sort of paradoxical. Why would we spend so much time doing things that aren’t going to help us make money?
Honestly, it’s human nature that holds us back. We don’t know that we’re not doing the tasks that are going to make us money, because we think we are. In essence, we trick ourselves.
Let me explain what the typical online home business entrepreneur does. First, He’ll see an enticing eBook that seems to show some promise then he’ll buy and read it. After that, he’ll try to put some of the theory he’s learned into action.
This my friends, is where he messes up.
He’ll try to put what he’s learned in the book into action without research and without proper preparation. Then when things don’t turn out correct he’ll get discouraged and quit until he finds a next hot eBook title that arouses his interest. Then he buys that one and the whole process cycles again. A year passes and all this guy knows is that he’s spent thousands of dollars and effectively learned nothing concrete.
You see, the typical home business entrepreneur thinks he is doing what’s most effective and will lead to earning the most money by dropping what didn’t work and shifting his resources to the next idea. He thinks eventually he’s going to hit the jackpot and find the diamond in the rough. Ironically, it’s this exact attitude that will ensure that he’ll never find that diamond in rough. You see, in actuality, there is no diamond in the rough.
This is an important point so pay attention, EVERY eBook and every article our typical home business entrepreneur has read had been sold to him in the SAME WAY! He didn’t even notice it! He was too busy learning all his cool new business strategies. Let me repeat the last point for you, all the information that he had learned was different, but the median for its distribution was always the same.
That’s the secret the guru’s don’t tell you. The sales model is ALWAYS the same.
So, here’s the difference between the average home business entrepreneur and the home business entrepreneur with the Midas touch. Those that seem to hit the ground running learn the fundamentals first. They learn basic marketing principle then find something to market and then lastly try all the fancy stuff the guru’s tell them. And well, we already know what average home based business opportunity seeker does.
The gurus are masters of basic marketing principles. So, the most effective use of your time and money from the outset if you’re serious about becoming a successful home business entrepreneur is to master the basics of marketing.
It’s all marketing! Nothing more and nothing less…
About the author:
Daegan Smith is the Ex-NCAA Wrestler Turned Webmaster of
Perfect Home Based Business Opportunities - The Internet's Top Home Based Business Opportunities Free Information Resource!
Surviving Tough Times Online
With economic problems dominating the headlines, all
businesses, online and off, need to make the most of every
single customer contact if they hope to stay in business!
Consumers want to hang onto every dollar and only spend
money for things they feel they really "must" have.
To put yourself and your business in the best position to
survive and thrive in the current economy, follow these
simple rules for making every website visitor count.
The first step in making every visitor count involves
knowing exactly what people want from you. The vast
majority of businesses never bother to ask what customers
and visitors want, and therefore, they make fewer sales
than they could with a little research.
Smart online business owners use surveys regularly to stay
in touch with customer needs, tastes, and preferences. It
costs next to nothing to ask a customer what they want and
then simply give it to them. But, it may cost you
everything if you don't take the time to ask first.
Next, businesses hoping to make it in these uncertain
economic times must form alliances with other business
owners who cater to the same audience. Other business
owners have the traffic you need in order to grow your
business.
For this reason, you must constantly look for creative ways
to work with them. The easiest way to profit by working
with other website owners involves endorsing each other's
products to your own lists or, at a minimum, trading links
to funnel traffic back and forth.
Creating traffic from "scratch" rates the slowest and
costliest way to bring customers to your website.
Persuading other people to send targeted traffic your way
puts you on the fast track to profits.
The third step for triumphing in uncertain economic times
entails building one-on-one relationships with your
customers and prospects, even if you have thousands of
them. They must feel as if you are speaking only to them
in all of your communications.
The quickest way to accomplish this involves specializing
in one highly specific area of concern for them. In other
words, no matter what you sell, you'll never succeed as
"Wal-Mart." To succeed, your online business must
completely meet the needs of your customers in one,
specific area.
Time to face facts: the Internet won't go away! In fact,
despite the well publicized "dot bombs" of a couple of
years ago, the Internet forms a more integral part of our
lives than ever.
Even if you feel like your business, your job, or some
other important aspect of your life doesn't depend on the
Internet today, what about tomorrow?
Finally, everyone must stay current at all times with the
ever-changing landscape of the Internet. At some point,
virtually every one of us will find the Internet an
integral part of our business lives.
As effective business people, we must develop the ability
to adapt to change and give customers what they want - not
in months or years -but in the space of hours or days.
About the author:
Jim Edwards is a syndicated newspaper columnist and the co-
author of an amazing new ebook that will teach you how to
use free articles to quickly drive thousands of targeted
visitors to your website or affiliate links...
Simple "Traffic Machine" brings Thousands of NEW visitors to
your website for weeks, even months... without spending a
dime on advertising! ==> http://www.turnwordsintotraffic.com
businesses, online and off, need to make the most of every
single customer contact if they hope to stay in business!
Consumers want to hang onto every dollar and only spend
money for things they feel they really "must" have.
To put yourself and your business in the best position to
survive and thrive in the current economy, follow these
simple rules for making every website visitor count.
The first step in making every visitor count involves
knowing exactly what people want from you. The vast
majority of businesses never bother to ask what customers
and visitors want, and therefore, they make fewer sales
than they could with a little research.
Smart online business owners use surveys regularly to stay
in touch with customer needs, tastes, and preferences. It
costs next to nothing to ask a customer what they want and
then simply give it to them. But, it may cost you
everything if you don't take the time to ask first.
Next, businesses hoping to make it in these uncertain
economic times must form alliances with other business
owners who cater to the same audience. Other business
owners have the traffic you need in order to grow your
business.
For this reason, you must constantly look for creative ways
to work with them. The easiest way to profit by working
with other website owners involves endorsing each other's
products to your own lists or, at a minimum, trading links
to funnel traffic back and forth.
Creating traffic from "scratch" rates the slowest and
costliest way to bring customers to your website.
Persuading other people to send targeted traffic your way
puts you on the fast track to profits.
The third step for triumphing in uncertain economic times
entails building one-on-one relationships with your
customers and prospects, even if you have thousands of
them. They must feel as if you are speaking only to them
in all of your communications.
The quickest way to accomplish this involves specializing
in one highly specific area of concern for them. In other
words, no matter what you sell, you'll never succeed as
"Wal-Mart." To succeed, your online business must
completely meet the needs of your customers in one,
specific area.
Time to face facts: the Internet won't go away! In fact,
despite the well publicized "dot bombs" of a couple of
years ago, the Internet forms a more integral part of our
lives than ever.
Even if you feel like your business, your job, or some
other important aspect of your life doesn't depend on the
Internet today, what about tomorrow?
Finally, everyone must stay current at all times with the
ever-changing landscape of the Internet. At some point,
virtually every one of us will find the Internet an
integral part of our business lives.
As effective business people, we must develop the ability
to adapt to change and give customers what they want - not
in months or years -but in the space of hours or days.
About the author:
Jim Edwards is a syndicated newspaper columnist and the co-
author of an amazing new ebook that will teach you how to
use free articles to quickly drive thousands of targeted
visitors to your website or affiliate links...
Simple "Traffic Machine" brings Thousands of NEW visitors to
your website for weeks, even months... without spending a
dime on advertising! ==> http://www.turnwordsintotraffic.com
THE Secret Weapon For Gaining Wealth
Recently a friend of mine was talking about all the opportunities that seem to come her way without her even searching for them. For example, someone tells her about a house she can buy as a rental property investment. Next thing you know, someone else tells her about another one. Then, she’s at a spa one day talking to the spa owner and now she’s investing in owning a spa.
What is it that causes such things to happen to one person and not another?
I asked her what the secret was. Can you believe it? The secret was so simple. It was GIVING.
Think about times in your life when you have been in your greatest flow of positive energy. During those times I bet you will remember that you were in a very generous state of mind, giving freely in various aspects.
I once read a Proverb that said, “If you want friends, show yourself friendly.” I now know that the reciprocal effect of everything is the same. If you want money, give money, if you want love, give love, and so on.
The other day, I gave money to an organization when I really didn’t feel like I could afford it. Because I had not used up my 10% tithe amount for the month, I decided I had better keep my financial integrity in tact and give the money. It’s unbelievable in a way, but the next thing I knew I had a check in the mail from previous work I had done and forgotten that I had not been paid. I got a new client in my life coaching business, who called me from having seen some of my work. And, I was able to get into a training program I wanted as a result of the other person’s generosity!
Here is something that may catch your attention. Jennifer is a newly graduated college student who has a heart for health organizations. She joined the Team In Training efforts of the Leukemia and Lymphoma Foundation and is training to run the marathon in San Francisco this year.
What will she get in return?
Some of what she will get is:
Physical fitness.
Encouragement and support from family and friends.
Admiration from people who can imagine how hard that training is.
Fabulous training she can carry with her throughout her life.
Warmth from knowing she has honored a person who is living with and battling Leukemia
More than we can imagine right now.
What will you get in return for going to Jennifer’s Team In Training link http://www.active.com/donations/fundraise_public.cfm?key=tntgaJFedero and giving toward the cause? I don’t know. What I do know is you will be richly rewarded in some unexpected way.
If you want friends, give friendship; if you want love, give love; if you want money, give money.
About the author:
Juanita Bellavance, the author of this article is known for understanding what a client needs to succeed. She can look at what’s missing and lead a client into seeing for themselves their own power over it. Because of this realization of their power, people have a shift in belief level. And that shift ignites them into action! Visit Juanita at: www.surefireonlinetradingsuccess.comContact her at: results@assuredsuccesslifecoach.com
What is it that causes such things to happen to one person and not another?
I asked her what the secret was. Can you believe it? The secret was so simple. It was GIVING.
Think about times in your life when you have been in your greatest flow of positive energy. During those times I bet you will remember that you were in a very generous state of mind, giving freely in various aspects.
I once read a Proverb that said, “If you want friends, show yourself friendly.” I now know that the reciprocal effect of everything is the same. If you want money, give money, if you want love, give love, and so on.
The other day, I gave money to an organization when I really didn’t feel like I could afford it. Because I had not used up my 10% tithe amount for the month, I decided I had better keep my financial integrity in tact and give the money. It’s unbelievable in a way, but the next thing I knew I had a check in the mail from previous work I had done and forgotten that I had not been paid. I got a new client in my life coaching business, who called me from having seen some of my work. And, I was able to get into a training program I wanted as a result of the other person’s generosity!
Here is something that may catch your attention. Jennifer is a newly graduated college student who has a heart for health organizations. She joined the Team In Training efforts of the Leukemia and Lymphoma Foundation and is training to run the marathon in San Francisco this year.
What will she get in return?
Some of what she will get is:
Physical fitness.
Encouragement and support from family and friends.
Admiration from people who can imagine how hard that training is.
Fabulous training she can carry with her throughout her life.
Warmth from knowing she has honored a person who is living with and battling Leukemia
More than we can imagine right now.
What will you get in return for going to Jennifer’s Team In Training link http://www.active.com/donations/fundraise_public.cfm?key=tntgaJFedero and giving toward the cause? I don’t know. What I do know is you will be richly rewarded in some unexpected way.
If you want friends, give friendship; if you want love, give love; if you want money, give money.
About the author:
Juanita Bellavance, the author of this article is known for understanding what a client needs to succeed. She can look at what’s missing and lead a client into seeing for themselves their own power over it. Because of this realization of their power, people have a shift in belief level. And that shift ignites them into action! Visit Juanita at: www.surefireonlinetradingsuccess.comContact her at: results@assuredsuccesslifecoach.com
ECOMMERCE SOLUTIONS…THE CALL OF THE TIME
There really is no doubting the impact of Information Technology on our lives. And a significant example of this is the application of ecommerce in business. Conducting business transactions has been changed to a great extent. Just what are ecommerce or e-commerce solutions? Ecommerce or e-commerce is the purchasing or selling of goods or services as well as the transfer of funds in any way by means of electronic communications in inter-company and intra-company business dealings. Moreover, ecommerce solution is also a key to conduct business by means of technology through the internet. There are actually four types of ecommerce existing today and these are the following: business to consumer ecommerce, business to business ecommerce, consumer to business ecommerce and the consumer to consumer ecommerce.
The business to consumer ecommerce involves businesses selling products and services to various individual customers. This kind of ecommerce is also known as online trading and auctions. On the other hand, the business to business ecommerce involves the transactions commencing between companies in which they sell to other businesses. This type of ecommerce also includes a transfer of well thought-out messages with other business partners over private networks or internet in order to create and transform business processes. Moreover, the business to business ecommerce is deemed toward the improvement as well as the simplification of the various business processes inside a company. This type of ecommerce is also geared toward the maximization of the efficiency when it comes to the many transactions that a company engages into. Likewise, the business to business ecommerce is designed to achieve a quicker and flawless transaction that is controlled. Aside from that, business to business ecommerce is also effective in maintaining limited inventory as well as efficient enough to perform product refill and many more.
The consumer to business ecommerce is actually considered an unusual internet trend. Examples for this type of ecommerce are those individuals who for example are looking for hotels but have limited budget. What they do is that they place an ad on the internet saying that they are looking for a hotel at a rate that are just within their budget and then they also place there their contact numbers or email addresses if ever some hotels are interested. This example simply shows the marvelous capability of the internet to bring people together and create a cyber market wherein various people can transact their business.
On the other hand, the consumer to consumer ecommerce is considered to be the internet’s equivalent of an advertising market. This is where individual web users are allowed to put their ad for other consumers to react to. The advantage of this type of ecommerce is that people are able to save on advertising and then their ads are much faster and are easily reached by an unlimited number of customers like themselves.
About the author:
Jinky C. Mesias is a lover of simple things and of nature. She spends most of her time reading and writing poetry.
For comments and suggestions about the article kindly visit web placements
The business to consumer ecommerce involves businesses selling products and services to various individual customers. This kind of ecommerce is also known as online trading and auctions. On the other hand, the business to business ecommerce involves the transactions commencing between companies in which they sell to other businesses. This type of ecommerce also includes a transfer of well thought-out messages with other business partners over private networks or internet in order to create and transform business processes. Moreover, the business to business ecommerce is deemed toward the improvement as well as the simplification of the various business processes inside a company. This type of ecommerce is also geared toward the maximization of the efficiency when it comes to the many transactions that a company engages into. Likewise, the business to business ecommerce is designed to achieve a quicker and flawless transaction that is controlled. Aside from that, business to business ecommerce is also effective in maintaining limited inventory as well as efficient enough to perform product refill and many more.
The consumer to business ecommerce is actually considered an unusual internet trend. Examples for this type of ecommerce are those individuals who for example are looking for hotels but have limited budget. What they do is that they place an ad on the internet saying that they are looking for a hotel at a rate that are just within their budget and then they also place there their contact numbers or email addresses if ever some hotels are interested. This example simply shows the marvelous capability of the internet to bring people together and create a cyber market wherein various people can transact their business.
On the other hand, the consumer to consumer ecommerce is considered to be the internet’s equivalent of an advertising market. This is where individual web users are allowed to put their ad for other consumers to react to. The advantage of this type of ecommerce is that people are able to save on advertising and then their ads are much faster and are easily reached by an unlimited number of customers like themselves.
About the author:
Jinky C. Mesias is a lover of simple things and of nature. She spends most of her time reading and writing poetry.
For comments and suggestions about the article kindly visit web placements
SAFELY PROTECT YOUR HOME BASED DREAM OF RETIRING WEALTHY!
The SIMPLE retirement account is awesome if you own your own business. Any family business applies such as a home based or “brick and mortar” real estate rental and investment business, car-wash, gas station, restaurant, etcetera, can sponsor the SIMPLE IRA. Like the SEP-IRA, the SIMPLE IRA is company-sponsored. As a small business owner, for 2003 for instance you could have matched each employee's pay up to 3 percent or $8,000, whichever is less.
That adds up to a lot of money when it is a profitable business and family members are employees. SIMPLE IRA contributions are fully deductible when you put the money in the account but you will have to pay taxes on any profits you make on the stock when you retire. In addition to a SIMPLE IRA accounts, individuals and home based small businesses have an additional option to sock away money toward future retirement educational needs through educational IRAs.
Small businesses, which cannot afford to sponsor a 401(k) or 403(b), can also offer employees basic retirement plans established for the benefit of their employees. Sole proprietors also now also can open individual 401(k) plans. Examine the options and pick the one that maximizes your long-range savings goal. And don't wait. Take advantage of compound earnings and start socking away cash now for tomorrow.
About the author:
ABOUT THE AUTHOR: Dr. Scott Brown, Ph.D., a.k.a. “The Wallet Doctor”, is a successful futures trader, real estate investor, and stock investor. Dr. Brown holds a Ph.D. in finance from the University of South Carolina and a Master in International Management from the prestigious American Graduate School of International Business a.k.a. Thunderbird. His 1998 articles in Technical Analysis of Stocks and Commodities were prophetic in predicting an impending stock market crash. He has helped many people become profitable investors teaching them to look out over many years to spot stocks that are low and primed for rise in the new bull market. His second article met with approval by Dr. Bob Shiller of Yale University. Dr. Shiller is the economist that Alan Greenspan most highly regards who coined the term “Irrational Exuberance.” In 1998 he was shouting out to the world to “get out” of the stock market but now he is shouting to everyone that it is time to “get in!” The Wallet Doctor is not only sought after for investment advice and coaching in stock investing but also in futures trading and real estate investing. He also teaches investing in Spanish and Portuguese. For more information visit Dr. Brown’s site at www.BonanzaBase.comor sign up for his investment tips at www.WalletDoctor.com
That adds up to a lot of money when it is a profitable business and family members are employees. SIMPLE IRA contributions are fully deductible when you put the money in the account but you will have to pay taxes on any profits you make on the stock when you retire. In addition to a SIMPLE IRA accounts, individuals and home based small businesses have an additional option to sock away money toward future retirement educational needs through educational IRAs.
Small businesses, which cannot afford to sponsor a 401(k) or 403(b), can also offer employees basic retirement plans established for the benefit of their employees. Sole proprietors also now also can open individual 401(k) plans. Examine the options and pick the one that maximizes your long-range savings goal. And don't wait. Take advantage of compound earnings and start socking away cash now for tomorrow.
About the author:
ABOUT THE AUTHOR: Dr. Scott Brown, Ph.D., a.k.a. “The Wallet Doctor”, is a successful futures trader, real estate investor, and stock investor. Dr. Brown holds a Ph.D. in finance from the University of South Carolina and a Master in International Management from the prestigious American Graduate School of International Business a.k.a. Thunderbird. His 1998 articles in Technical Analysis of Stocks and Commodities were prophetic in predicting an impending stock market crash. He has helped many people become profitable investors teaching them to look out over many years to spot stocks that are low and primed for rise in the new bull market. His second article met with approval by Dr. Bob Shiller of Yale University. Dr. Shiller is the economist that Alan Greenspan most highly regards who coined the term “Irrational Exuberance.” In 1998 he was shouting out to the world to “get out” of the stock market but now he is shouting to everyone that it is time to “get in!” The Wallet Doctor is not only sought after for investment advice and coaching in stock investing but also in futures trading and real estate investing. He also teaches investing in Spanish and Portuguese. For more information visit Dr. Brown’s site at www.BonanzaBase.comor sign up for his investment tips at www.WalletDoctor.com
Goodbye Multi-Level Marketing and Hello E-currency Exhcange
If you are reading this article you are one of many people who have spent many hours trying to find a work at home business that really does work. Searching for unique ways to make money on the internet. Very few people go on to succeed working from home, and most have failed many of times trying different things.
So how are some people succeeding? The answer is quite simple; they are finding a business that works with their specific strengths and needs. The majority of people today trying to get into the home-based business industry are not salesmen and genius marketers. People fiddle around looking in all the wrong places wasting loads of money on advertising that isn’t working and E-books that promise wealth.
It took me five years to find a business that did not involving selling, building a down-line or that required me to recruit more people. That is when I stumbled across e-currency exchange, the fastest growing online opportunity today.
So what is it then? E-currency exchange allows everyday people just like you and I to build a financial portfolio through a complex system of thousands of people exchanging funds from dollars to electronic currency. There are two sides to the trading system, the portfolio side and the console side.
Initially you create a portfolio that receives 1.5% to 4.0% gains per day on the amount of money in the portfolio. For example, if you put in $1,000 and received gains at a rate of .35%, your profits for one day would be $3.50. This money is compounded daily and grows continuously over time. It is not uncommon for people who initially invest $100 to grow their portfolio value to $1000 in 1 month. It is easy to see that over the course of time you can make substantial gains.
Once you have been in e-currency exchange program for 90 days and your portfolio has grown to a value of $5000, you are able to apply for a console. With a console you can now process requests from people that wish to take their money from e-currency and convert it back to the dollar. As a console holder you receive a percentage of the amount being exchanged as profit. There are literally people lined up in a queue that need these exchanges processed daily. There is such a high demand right now for exchangers that it is a very profitable business for those who are able to console.
The only down-side is learning how to navigate through this e-currency network which is extremely difficult without assistance. Most people try it out for a few days, become frustrated and quit because they simply do not know what they are doing. That is why we have developed a guide that will walk you through everything you need to know! We have everything from personal phone support, to forums, to live chat rooms. There is no selling or recruiting and that is what makes this the perfect business!
About the author:
Learn how I turned a $400 investment into $4,000 over the course of 60 days. For more information and resources check out E-currency Online
So how are some people succeeding? The answer is quite simple; they are finding a business that works with their specific strengths and needs. The majority of people today trying to get into the home-based business industry are not salesmen and genius marketers. People fiddle around looking in all the wrong places wasting loads of money on advertising that isn’t working and E-books that promise wealth.
It took me five years to find a business that did not involving selling, building a down-line or that required me to recruit more people. That is when I stumbled across e-currency exchange, the fastest growing online opportunity today.
So what is it then? E-currency exchange allows everyday people just like you and I to build a financial portfolio through a complex system of thousands of people exchanging funds from dollars to electronic currency. There are two sides to the trading system, the portfolio side and the console side.
Initially you create a portfolio that receives 1.5% to 4.0% gains per day on the amount of money in the portfolio. For example, if you put in $1,000 and received gains at a rate of .35%, your profits for one day would be $3.50. This money is compounded daily and grows continuously over time. It is not uncommon for people who initially invest $100 to grow their portfolio value to $1000 in 1 month. It is easy to see that over the course of time you can make substantial gains.
Once you have been in e-currency exchange program for 90 days and your portfolio has grown to a value of $5000, you are able to apply for a console. With a console you can now process requests from people that wish to take their money from e-currency and convert it back to the dollar. As a console holder you receive a percentage of the amount being exchanged as profit. There are literally people lined up in a queue that need these exchanges processed daily. There is such a high demand right now for exchangers that it is a very profitable business for those who are able to console.
The only down-side is learning how to navigate through this e-currency network which is extremely difficult without assistance. Most people try it out for a few days, become frustrated and quit because they simply do not know what they are doing. That is why we have developed a guide that will walk you through everything you need to know! We have everything from personal phone support, to forums, to live chat rooms. There is no selling or recruiting and that is what makes this the perfect business!
About the author:
Learn how I turned a $400 investment into $4,000 over the course of 60 days. For more information and resources check out E-currency Online
What's the difference between successful businesses and struggling businesses?
Have you ever noticed how some businesses seem to do extremely well, and go from strength to strength, whilst the majority just seem to muddle along?
Since starting my own business I've met many small business owners and what I've noticed is that the vast majority of them seem to just about get by, but few reach the level of success that they're actually capable of. Some of them end up failing altogether, some lurch from project to project, and some do OK, but never really achieve the success or lifestyle they envisioned when they started their business.
On the other hand, I know a handful of extremely successful service business owners, who are making high 6 and 7 figure incomes every year (and rising) - and yet they don't work longer hours, their products and services are not magnitudes better than their competitors and they aren't geniuses!
So what is the difference between the successful businesses and the struggling businesses?
In a word: Marketing
Whilst there can be other factors that affect the ability of a business or practice to be successful, such as the economy, trends, cashflow and product/service quality or innovation, the number one difference between successful high-flying businesses and their struggling counterparts is good marketing.
Here is the lament of one survey respondent which is typical of the angst felt by service business owners who know they do a good job, but who don't understand why they don't have a queue of clients at their door:
"We know our products and services are good - we get great feedback from those clients we've worked with - but we still have trouble getting potential customers to buy in. Our services offer real benefits to clients but we are not as successful as we should be when we see what other companies offer (not as much) and yet are still very successful."
If you offer a quality service or product that produces great results for your customers or clients, and yet you're still struggling to get all the clients that you want or need, or to charge the fees you deserve, you probably have a marketing problem.
What do highly successful business owners do that others do not?
The first thing that they do is to realise that their primary objective is to build their practice or client base. In the words of Michael Gerber (who wrote The E-myth) they "work ON their businesses, not IN their businesses". What this involves is making the time to work on the business - in particular on marketing and product or service development, rather than spending all of their time handling clients, delivering services and dealing with administration.
They also look for areas where they can gain "leverage". Simply put, this means gaining maximum return for every hour they work. Instead of trading hours for pounds or dollars, they find ways to do the work once and get paid for it many times. They find ways to market their services one to many, instead of one to one (thus reducing marketing and sales effort and time). They delegate those activities which take up a lot of time (but which don't add much value in terms of moving the business forward) or which they are not skilled in such as admin, accounting, website maintenance and copywriting.
They also develop a success mindset, understand their strengths and weaknesses, take risks, innovate, hang out with other successful people and build a support network around themselves.
But above all, they learn how to market their businesses and create a marketing system that keeps a steady stream of prospects knocking at the door, without taking up all of their time!
About the author:
Jane Hendry helps professionals, consultants and coaches to create marketing systems that easily and consistently attract their ideal clients. To get your f*ree Attraction Marketing Starter Kit please visit http://www.attractioneers.com
Invest Now for Dividends Later
No matter what age you are or even your level of employment or economic position, it may be a good idea to start preparing now, even in a meager way, for eventual financial security. Some people feel they need every dollar they make to get by from one paycheck to the next. While this may be true for some, there are others who squander significant sums on insignificant things. They could be socking that money away into an investment account that, over time, could lead to huge savings and a comfortable retirement.
It isn’t hard to get started. All you need is $100 to $500 to open an account, and anywhere from $25 to $50 monthly to continue building your stock or mutual fund portfolio. In fact, a young person aged 20 could deposit $2,000 and then not another dime. In forty years he or she might have tens of thousands of dollars. The stock market has followed fairly predictable patterns since its inception in the 1800s in New York City. Although historic events like the Great Depression and several global wars have impacted its activity, the gains and losses remain fairly consistent, with most investors earning a predictable return on their investment.
Of course, no one can predict what the future holds, or whether the pattern will continue. And none of us should invest more money than we can afford to lose—just in case the world economy crashes one of these days. But with steady deposits that continue to compound and earn interest over time, a sensible and prudent investor can substantially increase the amount of money going for retirement or a dream vacation at some future point.
If you are thinking about opening an investment account, do a little online browsing for more information. Visit sites like E-trade or Scott’s Trades to see how the process works. Start reading your newspaper’s financial pages for details about the latest stock prices and market trends. Do a little paper trading by following the daily stock news. Instead of actually purchasing stock, however, work it out on a piece of paper by pretending to buy a certain amount of stock for the specified price and then watching to see how it performs over the following week. Chart your gains or losses to figure out whether your stock deal was successful. If you do this for several months, you will soon learn to understand more about the stock market and how to buy and sell like the pros.
Even if your budget is tight, try to set aside a little money to open an investment account from any windfalls that come your way from job bonuses, inheritances, or cash gifts. Some people set aside their annual job raise, or part of it, as part of their investment strategy. Then, as your budget becomes looser with paid-off bills or grown-up kids, you may be able to start having a standard monthly amount deducted automatically from your paycheck and deposited into your investment account. This could take the form of a Roth IRA (individual retirement account), a money market fund, a mutual fund portfolio, or individual stock shares.
It probably is a good idea to take an investment class at the community college or sign up for a financial planning seminar. Success may be just a few years away if you start now and plan right.
About the author:
You can find more great investment information at http://www.investmentcentral.com
It isn’t hard to get started. All you need is $100 to $500 to open an account, and anywhere from $25 to $50 monthly to continue building your stock or mutual fund portfolio. In fact, a young person aged 20 could deposit $2,000 and then not another dime. In forty years he or she might have tens of thousands of dollars. The stock market has followed fairly predictable patterns since its inception in the 1800s in New York City. Although historic events like the Great Depression and several global wars have impacted its activity, the gains and losses remain fairly consistent, with most investors earning a predictable return on their investment.
Of course, no one can predict what the future holds, or whether the pattern will continue. And none of us should invest more money than we can afford to lose—just in case the world economy crashes one of these days. But with steady deposits that continue to compound and earn interest over time, a sensible and prudent investor can substantially increase the amount of money going for retirement or a dream vacation at some future point.
If you are thinking about opening an investment account, do a little online browsing for more information. Visit sites like E-trade or Scott’s Trades to see how the process works. Start reading your newspaper’s financial pages for details about the latest stock prices and market trends. Do a little paper trading by following the daily stock news. Instead of actually purchasing stock, however, work it out on a piece of paper by pretending to buy a certain amount of stock for the specified price and then watching to see how it performs over the following week. Chart your gains or losses to figure out whether your stock deal was successful. If you do this for several months, you will soon learn to understand more about the stock market and how to buy and sell like the pros.
Even if your budget is tight, try to set aside a little money to open an investment account from any windfalls that come your way from job bonuses, inheritances, or cash gifts. Some people set aside their annual job raise, or part of it, as part of their investment strategy. Then, as your budget becomes looser with paid-off bills or grown-up kids, you may be able to start having a standard monthly amount deducted automatically from your paycheck and deposited into your investment account. This could take the form of a Roth IRA (individual retirement account), a money market fund, a mutual fund portfolio, or individual stock shares.
It probably is a good idea to take an investment class at the community college or sign up for a financial planning seminar. Success may be just a few years away if you start now and plan right.
About the author:
You can find more great investment information at http://www.investmentcentral.com
Which Type of Ebayer Are You?
I realise that this may come as no great revelation to you, it may not even be news. What it is, in fact, is a word which describes most ebayers. And here it is:
Procrastinator!
I think that describes most of us to an extent. You see, I um-and-ah... and generally delay on making decisions. Right now, for example, I'm umming-and-ahhing about finalising my grocery list. And I really need to get out and tidy the back yard….
But I find myself procrastinating once again. There's always an excuse.
Now, I have to admit: this 'procrastination problem' is nowhere near as bad as it used to be, but it's still not right. You see, I've learnt that the less I procrastinate, the more gets done, and the better I do.
What does this have to do with eBay? I'm getting there.
Let me hazard a guess: if you're reading this, I'm betting you've procrastinated on one, two or more of the ideas... and that's bad. Very bad! Because even if you'd tried something, that 'something' would have given you some feedback - even if it was only 'failure' feedback, which can be very useful in itself.
But before you decide to do anything on eBay - even before you decide to procrastinate - you need to make a decision, if that... er... makes sense. A decision on which, I hope you won't procrastinate!
And that which you need to decide is simple: what kind of business you're going to go into. Or, more specifically (to start with), what type of model you'll follow.
See, there are only really two main models of business that you can go into on eBay. The first is where you're selling the same product(s) over and over... and over. .. again. The second relates to buying one-shot items... rare stuff and the like... one-off items that you buy, the onesy-twosy approach. You then resell each individual item in turn for (hopefully) big profits.
You just have to make up your mind which 'model' you're &oing to opt for.
There's pros and cons to each. As always.Let's consider, first of all; the onesy-twosy approach. We'll call this 'Model 1'.
Model 1: The 'Ones And Twos' Approach
This is a perfect part-time approach towards eBay success. You can do it when you want. You can create customers that stay with your forever... apd who will LOVE you. You can virtually see the smiles on your customers' faces as the latest offers arrive.
And you'll get great returns (often) on each item that you auction off. Ten times your money is far from uncommon. Even 20... or even 100 (or more). These are all perfectly attainable returns for your auctions. Not much money invested = great return gotten out.
But there's a downside, too. Your income is more variable and, quite frankly, it's a much more time dependent business model. You'll have to know the market, and as such you'll be the one hunting for 'product' every week. Not that there's anything really wrong with that, especially if you really like what you're trading in.
There's a corollary to all this too...
And that's this: your earnings will probably be capped. Because of the time-dependency factor. And the fact that YOU will virtually 'be the business' so you'll never build a really big business. Probably not, anyway.
So what's the other approach?
Model 2: The “Sell The Same Items Over And Over Again”Approach
This method involves buying a stock of the same item and floggings said item(s) over and over again. Again, there are pros and cons.
The pros? Well, you can build bigger. Once you've got the source of supply, there's not much work thereafter. You just list, then relist. And then go and sunbathe, particularly at this time of the year. What's more you can build BIGGER, because the business can be less dependent on you. Sounds great, huh? Actually, it is.
So what are the downsides?
Firstly, there'll be much more price-based competition. It can be quite cutthroat. If there's a big market for what you're selling - and there probably will be if you're going into that market - then there will probably be people already there who will be competing against you. Unless, of course, you've got a truly unique product that no one else has.
Secondly, there'll be lower returns available. Let me explain what I mean. Let's say that you've got a selection of items for resale with 'Model 1'. This means that you might have bought these 'onesy-twosy' items for £40 each. And you might sell them for £120 each, or one for £300, some for £80, and so on. But the point is that you'll be getting an outstanding return on your money.
Well, with the 'other' approach...well, it's a lot less likely that you'll get a big return on your stock investment. You might make 20% on your stock. Invest £500, get back £600... BUT you'll sell more product, and more often. And you can build very big (in eBay terms).
So Which Approach Is For You?
Depends on you, what your free-time situation is like, what you want to achieve from your eBaying, and so on. So you need to know where you're coming from, and where you want to go. If you're short on time, wanting to make money fast, and just want a part-time eBay business, then it's probably best to start with Model 1 (the one-off approach). If you've already gotten some eBay experience under your belt, have more time and are up for the challenge that lies ahead, go for Model 2. Of course, feel free to disagree too!
Here's something else to think about...
Let's say that you start with Model 1. You go along nicely, making some profits. You're still part-time. You can then use that basis to work from, and launch other eBay businesses as you go along. Make sense? You start part-time, build up your knowledge and capital base, and then work from there.
Or how about running two of these side by side? It's totally doable, believe me. But that again will depend on YOU, and it certainly wouldn't be recommended if you were just starting out. And, of course, you'd reed the time to do this. There'd certainly be quite a bit of work involved. It wouldn't be for everyone.
But that would be something, wouldn't it? That way, you'd be spreading your risk - diversifying if you like because you'd have two separate streams of income. You'd build up two individual supply sources, customers, e-mail lists and so on, and you'd be lowering your risk should the worst happen in one of your 'mini businesses' .
Ideally, you'd also trade under separate ID's for the two trading approaches. It might seem a bit strange to your bidders if you're telling them to 'Check your other items!' when they're looking at your stereo equipment. They check your other items and find a bunch of old dolls that you're auctioning in your 'Model l' business! Not a very good idea. So you'd (ideally) want two separate ID's.
But I think I'm getting ahead of myself here. Because, coming back to what I was saying at the start...
None Of This Can Happen if you continue to procrastinate! So what are you waiting for?
You at least need to think about which approach is right for you, in line with your current circumstances, and how maybe you want to see them change too. Just don't procrastinate too long on the path you want to follow.
About the author:
Sign up for my free newsletter and free 7 day e-course 'How to make more money on eBay' at http://www.proebayer.com
Procrastinator!
I think that describes most of us to an extent. You see, I um-and-ah... and generally delay on making decisions. Right now, for example, I'm umming-and-ahhing about finalising my grocery list. And I really need to get out and tidy the back yard….
But I find myself procrastinating once again. There's always an excuse.
Now, I have to admit: this 'procrastination problem' is nowhere near as bad as it used to be, but it's still not right. You see, I've learnt that the less I procrastinate, the more gets done, and the better I do.
What does this have to do with eBay? I'm getting there.
Let me hazard a guess: if you're reading this, I'm betting you've procrastinated on one, two or more of the ideas... and that's bad. Very bad! Because even if you'd tried something, that 'something' would have given you some feedback - even if it was only 'failure' feedback, which can be very useful in itself.
But before you decide to do anything on eBay - even before you decide to procrastinate - you need to make a decision, if that... er... makes sense. A decision on which, I hope you won't procrastinate!
And that which you need to decide is simple: what kind of business you're going to go into. Or, more specifically (to start with), what type of model you'll follow.
See, there are only really two main models of business that you can go into on eBay. The first is where you're selling the same product(s) over and over... and over. .. again. The second relates to buying one-shot items... rare stuff and the like... one-off items that you buy, the onesy-twosy approach. You then resell each individual item in turn for (hopefully) big profits.
You just have to make up your mind which 'model' you're &oing to opt for.
There's pros and cons to each. As always.Let's consider, first of all; the onesy-twosy approach. We'll call this 'Model 1'.
Model 1: The 'Ones And Twos' Approach
This is a perfect part-time approach towards eBay success. You can do it when you want. You can create customers that stay with your forever... apd who will LOVE you. You can virtually see the smiles on your customers' faces as the latest offers arrive.
And you'll get great returns (often) on each item that you auction off. Ten times your money is far from uncommon. Even 20... or even 100 (or more). These are all perfectly attainable returns for your auctions. Not much money invested = great return gotten out.
But there's a downside, too. Your income is more variable and, quite frankly, it's a much more time dependent business model. You'll have to know the market, and as such you'll be the one hunting for 'product' every week. Not that there's anything really wrong with that, especially if you really like what you're trading in.
There's a corollary to all this too...
And that's this: your earnings will probably be capped. Because of the time-dependency factor. And the fact that YOU will virtually 'be the business' so you'll never build a really big business. Probably not, anyway.
So what's the other approach?
Model 2: The “Sell The Same Items Over And Over Again”Approach
This method involves buying a stock of the same item and floggings said item(s) over and over again. Again, there are pros and cons.
The pros? Well, you can build bigger. Once you've got the source of supply, there's not much work thereafter. You just list, then relist. And then go and sunbathe, particularly at this time of the year. What's more you can build BIGGER, because the business can be less dependent on you. Sounds great, huh? Actually, it is.
So what are the downsides?
Firstly, there'll be much more price-based competition. It can be quite cutthroat. If there's a big market for what you're selling - and there probably will be if you're going into that market - then there will probably be people already there who will be competing against you. Unless, of course, you've got a truly unique product that no one else has.
Secondly, there'll be lower returns available. Let me explain what I mean. Let's say that you've got a selection of items for resale with 'Model 1'. This means that you might have bought these 'onesy-twosy' items for £40 each. And you might sell them for £120 each, or one for £300, some for £80, and so on. But the point is that you'll be getting an outstanding return on your money.
Well, with the 'other' approach...well, it's a lot less likely that you'll get a big return on your stock investment. You might make 20% on your stock. Invest £500, get back £600... BUT you'll sell more product, and more often. And you can build very big (in eBay terms).
So Which Approach Is For You?
Depends on you, what your free-time situation is like, what you want to achieve from your eBaying, and so on. So you need to know where you're coming from, and where you want to go. If you're short on time, wanting to make money fast, and just want a part-time eBay business, then it's probably best to start with Model 1 (the one-off approach). If you've already gotten some eBay experience under your belt, have more time and are up for the challenge that lies ahead, go for Model 2. Of course, feel free to disagree too!
Here's something else to think about...
Let's say that you start with Model 1. You go along nicely, making some profits. You're still part-time. You can then use that basis to work from, and launch other eBay businesses as you go along. Make sense? You start part-time, build up your knowledge and capital base, and then work from there.
Or how about running two of these side by side? It's totally doable, believe me. But that again will depend on YOU, and it certainly wouldn't be recommended if you were just starting out. And, of course, you'd reed the time to do this. There'd certainly be quite a bit of work involved. It wouldn't be for everyone.
But that would be something, wouldn't it? That way, you'd be spreading your risk - diversifying if you like because you'd have two separate streams of income. You'd build up two individual supply sources, customers, e-mail lists and so on, and you'd be lowering your risk should the worst happen in one of your 'mini businesses' .
Ideally, you'd also trade under separate ID's for the two trading approaches. It might seem a bit strange to your bidders if you're telling them to 'Check your other items!' when they're looking at your stereo equipment. They check your other items and find a bunch of old dolls that you're auctioning in your 'Model l' business! Not a very good idea. So you'd (ideally) want two separate ID's.
But I think I'm getting ahead of myself here. Because, coming back to what I was saying at the start...
None Of This Can Happen if you continue to procrastinate! So what are you waiting for?
You at least need to think about which approach is right for you, in line with your current circumstances, and how maybe you want to see them change too. Just don't procrastinate too long on the path you want to follow.
About the author:
Sign up for my free newsletter and free 7 day e-course 'How to make more money on eBay' at http://www.proebayer.com
The New Border Patrol - National Registration of the online Seller
The Streamlined Sales and Use Tax Interstate Agreement
Rapid changes in technology have forced changes to uphold the premise of free trade between states and refill the coffers left void by an undermining of the sales tax collection system insitu since the forefathers signed on the dotted line in Philadelphia.
On April 16th, 2005, there is to be a meeting in Washington of the delegates for the Governors and State Legislative Leaders committee to discuss the latest proposed amendments to the Streamlined Sales and Use Tax Act. The participating states are outlined on a NCSL (National Conference State Legislatures) map at this link. Some of the States not participating have no State sales Tax such as Montana. Others have not signed up for a variety of reasons but may sign up at any time in the future.
What is the Streamlined Sales and Use Tax Interstate Agreement and how does it affect you the online Seller and auction platform owner? The National Conference of State Legislators website outlines, in brief, the mission statement for the proposed legislation.Federal Legislation: The Streamlined Sales and Use Tax Act: "The Streamlined Sales and Use Tax Interstate Agreement provides the states with a blueprint to create a simplified sales and use tax collection system that removes the burden and cost from sellers and thus allows justification for Congress to overturn the Bellas Hess and Quill decisions. Legislation has been introduced in Congress, S. 1736 (Senators Enzi & Dorgan) and HR. 3184 (Congressmen Istook & Delahunt), "The Streamlined Sales and Use Tax Act" to give those states that have complied with the Agreement the authority to require out-of-state sellers to collect their sales and use taxes"
Registered in one State - registered in all!
According to the agreement "Each member state shall participate in an online sales and use tax registration system in co-operation with other member states". A seller registering under one State is not required to pay for registration in the member states although they are obligated to collect all sales and use tax due and owing to that member state. Registration is covered on pages 10 and 36 of the outline.
Once implemented, there will be a new border patrol in place - an economic patrol that will ensure the equitable collection of taxes for online trading whether it be Auctions or fixed price sales. The current thrust of some individual states that are pushing thru current legislation to hasten the closing of the loop hole is only the front runner of what is to come.
Those States implementing new rules governing online auctions are setting up for the new border economic patrol. The unwitting Auction platform that will be behooved, by legislation, to provide the individual states with complete lists of all online sales, names of buyers and names of sellers. With lists in hand the states will have no problems enforcing tax collection and payment.
The increased responsibility of the auction platform.
Use taxes, prior, were often not universally collected because of the problem in tracking such purchases. With the advent of new legislation and the cyber age - this will tracking will become a moot issue as the lists will be instantaneously electronically available from the individual auction platforms and Sellers alike and downloaded directly to the state sales tax collecting entities. Since the auction houses, in some States, must be licensed (a growing trend in advance of this proposed legislation), they, by their license, agree to provide the states with all information thus allowing for cross reference between Seller, Buyer and the Auction Platform . The Illinois Statute Is the most comprehensive in this regard. More important is the Civic Federation suggests that Illinois will lose an estimated $295M in revenue if they continue with implementation as the legislation currently stands.
An entire new set of acronyms
The agreement is about to spin off a new round of cyber lingo. "CCPT" which stands for Customer Channel Termination Point translated to: the location where the customer inputs or receives communication. Or "HSP" standing for Home Service Provider. The proposal defines " sales price to equal purchase price" for ease of implementation of Use Tax rules. Prior the Use tax was a rare self reported tax in all states that have such statutes on the books. And, finally, but not last is "TPP ": tangible personal property that can be seen, weighed, measured, felt, touched or even "smelled". Yes the "nose" is an important part of this legislation. Nothing has been left to chance when it comes to collecting taxes. But then, who thought we would be selling a used grilled cheese sandwich with subliminal messages from the Virgin Mary thru the technology now known as cyber space when the premise of free trade was implemented?
No loop holes, no free ride except for the exemptions.
And even the exemptions have a "process" and a "form" not to mention to fact that the Seller is required to keep exact records of those sales and supply the information upon request as a part of their license to operate online.
After outlining the exemptions, the products are defined on page 63 - 75 of the legislation document. From beach capes and coats thru durable medical equipment to special rules for tax during the holiday season. At one point it defines the inability to sell one shoe in one tax season and the other shoe in the other tax season. There is no product or loop hole overlooked in this legislation which is going on three years in the making.
User Names no longer a hedge to privacy
Once this legislation is implemented - the anonymous nature of the net will once and for ever be negated by the myriad of forms the Seller will have to submit for taxes, exemptions, and refunds. The foot tracks in the sand will be very much be made available so that even the smallest online seller will be subject to tax and the tax collection burden will fall even to Grandma selling off her hand made aprons that she once sold to bolster her meager social security pension.
The ease of tracking buyers will make implementation of "user tax" far less complicated than it has ever been and internet trading will not be as attractive as it has in times of olde. This legislation is probably going to even the playing field between the internet and old fashioned "shopping across State lines" at your favorite stores where you drive to pick up the product for cash and the government entities are none the wiser and tracking for "user tax" is improbable if not impossible.
Who is underwriting the cost of implementation?
The old adage of "big brother is watching you" is personified with this legislation. Between the "listing", "packing", "shipping" and procurement of merchandise - I have to wonder where the typical online seller is going to have the time to keep up with this paper trail? It would appear that the Seller is underwriting the cost of tax collection with this legislation by providing all this information at "no cost" to the government entities. The typical full time online seller is already working 14-16 hours a day to watch dwindling profits after "fees". I have to wonder about the economic impact of this impending legislation?
About the author:
Kathleen Johnson founded the Yahoo Group Appraisals and Expert Help group for assisting people with their antique appraisals and merchandising questions several years ago, and she still offers those services today. Kathleen is also under contract to Primedia Inc to Moderate the Allexperts Board at About.inc. For many years she worked as a registered expert on Yahoo Experts, Keen, AskMe and Allexperts. Kathleen continues to write articles on online facilitation but is currently working full time on the iCell.biz auction platform as it goes thru Beta testing.
Rapid changes in technology have forced changes to uphold the premise of free trade between states and refill the coffers left void by an undermining of the sales tax collection system insitu since the forefathers signed on the dotted line in Philadelphia.
On April 16th, 2005, there is to be a meeting in Washington of the delegates for the Governors and State Legislative Leaders committee to discuss the latest proposed amendments to the Streamlined Sales and Use Tax Act. The participating states are outlined on a NCSL (National Conference State Legislatures) map at this link. Some of the States not participating have no State sales Tax such as Montana. Others have not signed up for a variety of reasons but may sign up at any time in the future.
What is the Streamlined Sales and Use Tax Interstate Agreement and how does it affect you the online Seller and auction platform owner? The National Conference of State Legislators website outlines, in brief, the mission statement for the proposed legislation.Federal Legislation: The Streamlined Sales and Use Tax Act: "The Streamlined Sales and Use Tax Interstate Agreement provides the states with a blueprint to create a simplified sales and use tax collection system that removes the burden and cost from sellers and thus allows justification for Congress to overturn the Bellas Hess and Quill decisions. Legislation has been introduced in Congress, S. 1736 (Senators Enzi & Dorgan) and HR. 3184 (Congressmen Istook & Delahunt), "The Streamlined Sales and Use Tax Act" to give those states that have complied with the Agreement the authority to require out-of-state sellers to collect their sales and use taxes"
Registered in one State - registered in all!
According to the agreement "Each member state shall participate in an online sales and use tax registration system in co-operation with other member states". A seller registering under one State is not required to pay for registration in the member states although they are obligated to collect all sales and use tax due and owing to that member state. Registration is covered on pages 10 and 36 of the outline.
Once implemented, there will be a new border patrol in place - an economic patrol that will ensure the equitable collection of taxes for online trading whether it be Auctions or fixed price sales. The current thrust of some individual states that are pushing thru current legislation to hasten the closing of the loop hole is only the front runner of what is to come.
Those States implementing new rules governing online auctions are setting up for the new border economic patrol. The unwitting Auction platform that will be behooved, by legislation, to provide the individual states with complete lists of all online sales, names of buyers and names of sellers. With lists in hand the states will have no problems enforcing tax collection and payment.
The increased responsibility of the auction platform.
Use taxes, prior, were often not universally collected because of the problem in tracking such purchases. With the advent of new legislation and the cyber age - this will tracking will become a moot issue as the lists will be instantaneously electronically available from the individual auction platforms and Sellers alike and downloaded directly to the state sales tax collecting entities. Since the auction houses, in some States, must be licensed (a growing trend in advance of this proposed legislation), they, by their license, agree to provide the states with all information thus allowing for cross reference between Seller, Buyer and the Auction Platform . The Illinois Statute Is the most comprehensive in this regard. More important is the Civic Federation suggests that Illinois will lose an estimated $295M in revenue if they continue with implementation as the legislation currently stands.
An entire new set of acronyms
The agreement is about to spin off a new round of cyber lingo. "CCPT" which stands for Customer Channel Termination Point translated to: the location where the customer inputs or receives communication. Or "HSP" standing for Home Service Provider. The proposal defines " sales price to equal purchase price" for ease of implementation of Use Tax rules. Prior the Use tax was a rare self reported tax in all states that have such statutes on the books. And, finally, but not last is "TPP ": tangible personal property that can be seen, weighed, measured, felt, touched or even "smelled". Yes the "nose" is an important part of this legislation. Nothing has been left to chance when it comes to collecting taxes. But then, who thought we would be selling a used grilled cheese sandwich with subliminal messages from the Virgin Mary thru the technology now known as cyber space when the premise of free trade was implemented?
No loop holes, no free ride except for the exemptions.
And even the exemptions have a "process" and a "form" not to mention to fact that the Seller is required to keep exact records of those sales and supply the information upon request as a part of their license to operate online.
After outlining the exemptions, the products are defined on page 63 - 75 of the legislation document. From beach capes and coats thru durable medical equipment to special rules for tax during the holiday season. At one point it defines the inability to sell one shoe in one tax season and the other shoe in the other tax season. There is no product or loop hole overlooked in this legislation which is going on three years in the making.
User Names no longer a hedge to privacy
Once this legislation is implemented - the anonymous nature of the net will once and for ever be negated by the myriad of forms the Seller will have to submit for taxes, exemptions, and refunds. The foot tracks in the sand will be very much be made available so that even the smallest online seller will be subject to tax and the tax collection burden will fall even to Grandma selling off her hand made aprons that she once sold to bolster her meager social security pension.
The ease of tracking buyers will make implementation of "user tax" far less complicated than it has ever been and internet trading will not be as attractive as it has in times of olde. This legislation is probably going to even the playing field between the internet and old fashioned "shopping across State lines" at your favorite stores where you drive to pick up the product for cash and the government entities are none the wiser and tracking for "user tax" is improbable if not impossible.
Who is underwriting the cost of implementation?
The old adage of "big brother is watching you" is personified with this legislation. Between the "listing", "packing", "shipping" and procurement of merchandise - I have to wonder where the typical online seller is going to have the time to keep up with this paper trail? It would appear that the Seller is underwriting the cost of tax collection with this legislation by providing all this information at "no cost" to the government entities. The typical full time online seller is already working 14-16 hours a day to watch dwindling profits after "fees". I have to wonder about the economic impact of this impending legislation?
About the author:
Kathleen Johnson founded the Yahoo Group Appraisals and Expert Help group for assisting people with their antique appraisals and merchandising questions several years ago, and she still offers those services today. Kathleen is also under contract to Primedia Inc to Moderate the Allexperts Board at About.inc. For many years she worked as a registered expert on Yahoo Experts, Keen, AskMe and Allexperts. Kathleen continues to write articles on online facilitation but is currently working full time on the iCell.biz auction platform as it goes thru Beta testing.
Boost Your Income With Financial Spread Betting
About 6 years ago I started to notice that certain friends of mine had quit their jobs but continued to live very luxurious lifestyles - seemingly without doing very much. I thought they must just be using up their savings until I discovered they were all making a fantastic living by spending just a few hours a week doing something I had never heard of before - ï؟½financial spread bettingï؟½
More and more people are now becoming familiar with the phrase ï؟½financial spread bettingï؟½. Once, the sole preserve of City Whiz kids or sophisticated gamblers, financial spread betting is now gaining in popularity as a great way to earn a very sizeable tax-free income without the risk of losing the shirt off your back!
So why is financial spread betting becoming so popular. Well, with a bit of understanding and practice, ordinary people, with no prior experience, can earn enormous sums whilst controlling their risks and limiting their losses. You do not even need a stockbroker or a city dealing account to do get involved. An on-line account is very simple to open and anyone with web access can do it.
Spread betting, aka futures trading, is easy to understand if you stick to a simple index like the FTSE 100 or the DOW JONES.
In basic terms, this is how it works:
When you buy a ï؟½futureï؟½ you take a position on what you think the index (e.g. the FTSE 100, or the DOW ) will be at some future date - e.g. June 2005. Letï؟½s say the FTSE is currently at 5200 and you think it will rise over the next three months as ï؟½terrorist feverï؟½ abates. You would buy the June FTSE at (say) ï؟½10 per point. For every point it rises, you make ï؟½10. If it goes up 100 points, you make ï؟½1000. Of course, if you get it wrong and the index falls by fifty points (say), you lose ï؟½500.00.
You need of course to be very aware of the risks before you get involved. As with any investment or business, you can lose money. If, by nature, you are a timid, cautious person, then it is definitely not for you. But if you have some money to play with, and arenï؟½t risk adverse, then financial spread betting is the one of the best possible ways you can make a great deal of money completely tax freeï؟½ and there are clever ways of limiting your losses so you never lose more than you can afford.
Unlike most businesses, it is possible to get involved with an absolute minimal outlay and take a position without buying a single thing. You do have to ï؟½backï؟½ your position with a certain amount of cash, but this is ï؟½insuranceï؟½ money, NOT stake money.
The best thing is you can try it for free without any risk at all. You can ï؟½dry tradeï؟½ with ï؟½monopolyï؟½ money until you get a feel for how it works and are confident enough to start using real money.
Financial spread betting has become so popular primarily because of the relationship between risk and capital. It is highly leveraged and you can make huge profits with only a limited amount of capital and risk. The fact that there is (unlike with most investments) no stamp duty or tax also helps make it extremely attractive.
So if you are of the right temperament, spread betting can be a very lucrative way of making an amazing income in your spare time. But be warned, if used recklessly or without the correct knowledge it can result in large losses.
About the author:
Gary Anderson.
http://www.spreadbettingsecrets.com
Gary Anderson is the author of ï؟½Betting On A Fortuneï؟½
the best selling book on how to make money from financial
spread betting.
To get a FREE COPY of Garyï؟½s course ï؟½7 Steps To Successful
Spread Bettingï؟½, visit http://www.spreadbettingsecrets.com
More and more people are now becoming familiar with the phrase ï؟½financial spread bettingï؟½. Once, the sole preserve of City Whiz kids or sophisticated gamblers, financial spread betting is now gaining in popularity as a great way to earn a very sizeable tax-free income without the risk of losing the shirt off your back!
So why is financial spread betting becoming so popular. Well, with a bit of understanding and practice, ordinary people, with no prior experience, can earn enormous sums whilst controlling their risks and limiting their losses. You do not even need a stockbroker or a city dealing account to do get involved. An on-line account is very simple to open and anyone with web access can do it.
Spread betting, aka futures trading, is easy to understand if you stick to a simple index like the FTSE 100 or the DOW JONES.
In basic terms, this is how it works:
When you buy a ï؟½futureï؟½ you take a position on what you think the index (e.g. the FTSE 100, or the DOW ) will be at some future date - e.g. June 2005. Letï؟½s say the FTSE is currently at 5200 and you think it will rise over the next three months as ï؟½terrorist feverï؟½ abates. You would buy the June FTSE at (say) ï؟½10 per point. For every point it rises, you make ï؟½10. If it goes up 100 points, you make ï؟½1000. Of course, if you get it wrong and the index falls by fifty points (say), you lose ï؟½500.00.
You need of course to be very aware of the risks before you get involved. As with any investment or business, you can lose money. If, by nature, you are a timid, cautious person, then it is definitely not for you. But if you have some money to play with, and arenï؟½t risk adverse, then financial spread betting is the one of the best possible ways you can make a great deal of money completely tax freeï؟½ and there are clever ways of limiting your losses so you never lose more than you can afford.
Unlike most businesses, it is possible to get involved with an absolute minimal outlay and take a position without buying a single thing. You do have to ï؟½backï؟½ your position with a certain amount of cash, but this is ï؟½insuranceï؟½ money, NOT stake money.
The best thing is you can try it for free without any risk at all. You can ï؟½dry tradeï؟½ with ï؟½monopolyï؟½ money until you get a feel for how it works and are confident enough to start using real money.
Financial spread betting has become so popular primarily because of the relationship between risk and capital. It is highly leveraged and you can make huge profits with only a limited amount of capital and risk. The fact that there is (unlike with most investments) no stamp duty or tax also helps make it extremely attractive.
So if you are of the right temperament, spread betting can be a very lucrative way of making an amazing income in your spare time. But be warned, if used recklessly or without the correct knowledge it can result in large losses.
About the author:
Gary Anderson.
http://www.spreadbettingsecrets.com
Gary Anderson is the author of ï؟½Betting On A Fortuneï؟½
the best selling book on how to make money from financial
spread betting.
To get a FREE COPY of Garyï؟½s course ï؟½7 Steps To Successful
Spread Bettingï؟½, visit http://www.spreadbettingsecrets.com
Identity theft: Safeguarding Can't Hurt
Will we ever get a break? Not right now .In San Diego, police arrested a postal worker for stealing mail and trading it to identity thieves to support his drug habit.
Another arrest involved the hacking of wireless carrier T-MobileUSA's network. According to Fox News, the attacker gained access to a database of 16 million customers including the personel information of the Secret Service agent investigating the break in.
Then there's Choicepoint. When last we left the information giant, criminals broke into their 19 billion records database. Choicepoint now acknowledges previous attacks that date back to the year 2000.
The number of identity theft victims as well as the methods of getting personal information continue to increase sharply. Yet while no 100% guarantees exist online or off, safeguarding can't hurt and one of the best ways for fighting identity theft exist in your own home.
Check your trash.
Going thru your garbage has turned into an exact science and a major goldmine for the identity thieves. The Department of Justice refers to this as "dumpster diving" Check everything you throw away then check it again.
Mark any information including financial statements, driver's license, address and especially your social security # "Sensitive" then shred it. I recommend a crosscut shredder. Throw it away in different garbage cans on different days.
Shred junk mail credit card offers and get taken off the major credit agencies' marketing lists.
If you're not doing it already, get into the habit of taking your mail particulary any bill payments directly to the Post Office. Identity thieves also target mailboxes. They frequently stake out the area and wait for the optimum time. Getting a locked mailbox doesn't hurt either.
Use anti spyware, a firewall and antivirus programs on your computer system. If performing a transaction online make sure the company provides a secure server. They should tell you but if not look for the yellow lock at the bottom of your screen.
Guard your plastic. Examine your credit card statements and request a copy of your credit report. Agencies will send you one free copy per year. If you request more than one, you get charged a fee anywhere from 9 to 20 dollars depending on the credit bureau.
Handle this with care. Eventhough you're doing the right thing in trying to protect yourself, too many inquiries are frowned upon by these agencies and could impact your credit negatively. Joining a credit monitoring company can remove that obstacle.
One caveat.You should exercise vigilance in protecting your credit cards but it's not the total solution that some experts claim. The Federal Trade Commission estimates that 60% of all identity theft cases do NOT involve any existing accounts. Guard your plastic but make guarding your Social security number the top priority.
These methods of protection take on a special significance
due to the identity of the criminals. According to the Better Business Bureau's 2005 Fraud Survey Report, family freinds and neighbors account for half of all identity thieves. You don't want to turn someone you know and love over to the authorities so do your best to eliminate the temptation.
Again, no 100% guarantees exists. You make transactions at the restaurant, corner store, gas station and a host of other places. We all need to deal in this world so there's always a risk factor. Stay vigilant on the things you control and the chances of identity theft can decrease.
Because at all costs you want to avoid what many victims rank as the worst part of identity theft. The nightmare of recovery.
About the author:
Daryl Campbell is a writer and home business owner.Banks say you should check your credit once a year. No problem right? Except it leaves identity thieves the other 364 days to steal it. Get the professionals on your side to watch your back 24/7. How? Go now to => http://digbig.com/4dwsx
Another arrest involved the hacking of wireless carrier T-MobileUSA's network. According to Fox News, the attacker gained access to a database of 16 million customers including the personel information of the Secret Service agent investigating the break in.
Then there's Choicepoint. When last we left the information giant, criminals broke into their 19 billion records database. Choicepoint now acknowledges previous attacks that date back to the year 2000.
The number of identity theft victims as well as the methods of getting personal information continue to increase sharply. Yet while no 100% guarantees exist online or off, safeguarding can't hurt and one of the best ways for fighting identity theft exist in your own home.
Check your trash.
Going thru your garbage has turned into an exact science and a major goldmine for the identity thieves. The Department of Justice refers to this as "dumpster diving" Check everything you throw away then check it again.
Mark any information including financial statements, driver's license, address and especially your social security # "Sensitive" then shred it. I recommend a crosscut shredder. Throw it away in different garbage cans on different days.
Shred junk mail credit card offers and get taken off the major credit agencies' marketing lists.
If you're not doing it already, get into the habit of taking your mail particulary any bill payments directly to the Post Office. Identity thieves also target mailboxes. They frequently stake out the area and wait for the optimum time. Getting a locked mailbox doesn't hurt either.
Use anti spyware, a firewall and antivirus programs on your computer system. If performing a transaction online make sure the company provides a secure server. They should tell you but if not look for the yellow lock at the bottom of your screen.
Guard your plastic. Examine your credit card statements and request a copy of your credit report. Agencies will send you one free copy per year. If you request more than one, you get charged a fee anywhere from 9 to 20 dollars depending on the credit bureau.
Handle this with care. Eventhough you're doing the right thing in trying to protect yourself, too many inquiries are frowned upon by these agencies and could impact your credit negatively. Joining a credit monitoring company can remove that obstacle.
One caveat.You should exercise vigilance in protecting your credit cards but it's not the total solution that some experts claim. The Federal Trade Commission estimates that 60% of all identity theft cases do NOT involve any existing accounts. Guard your plastic but make guarding your Social security number the top priority.
These methods of protection take on a special significance
due to the identity of the criminals. According to the Better Business Bureau's 2005 Fraud Survey Report, family freinds and neighbors account for half of all identity thieves. You don't want to turn someone you know and love over to the authorities so do your best to eliminate the temptation.
Again, no 100% guarantees exists. You make transactions at the restaurant, corner store, gas station and a host of other places. We all need to deal in this world so there's always a risk factor. Stay vigilant on the things you control and the chances of identity theft can decrease.
Because at all costs you want to avoid what many victims rank as the worst part of identity theft. The nightmare of recovery.
About the author:
Daryl Campbell is a writer and home business owner.Banks say you should check your credit once a year. No problem right? Except it leaves identity thieves the other 364 days to steal it. Get the professionals on your side to watch your back 24/7. How? Go now to => http://digbig.com/4dwsx
The Most Popular Subjects People Will Pay For!
If you're still having a hard time trying to figure out which niche market to go into, start by simply spending some time asking questions of yourself...What are my favorite hobbies, interests, activities, etc. Or...What are some things I don't know yet but have a burning desire to learn more about?
Start a list and add all your favorites to it.
Here's a list of some of the most popular subjects people are paying for...
• Dating, Seduction, Sex Advice, Relationships
• Losing weight, gaining muscle, looking more attractive
• Health & fitness, cures/reliefs from specific diseases & ailments
• Spying, online privacy and security
• Safety, personal security, and protection of self and loved ones (self defense, home security, scam prevention, etc.)
• How to use computers and the Internet
• Mental influence, persuasion, and dominance
• General self-help, self improvement, personal development, and success
• Hobbies and special interests: cooking, magic, UFO's, metaphysics, becoming more competitive in sports, activities, etc.
• Making money, aside from marketing information: investing, stock market, futures trading, real estate tips, and other related financial information
• And of course, having more control and freedom in their lives!
People are always looking to improve themselves or some area of their lives. They are always trying to find solutions to problems.
There are sites catering to some of the above categories that are already generating thousands of dollars every month. I have personally sold products on some of the above categories and done very well.
Yet, we haven't even begun to tap the true profit potential in these areas yet because there's very little competition in most of these areas, especially when compared to the "how-to marketing" area! The potential to make money from the above special-interest categories is huge - and it's wide open!
Moreover, as more and more people get accustomed to buying digital products, you can easily imagine making insane amounts of money through these topics well into the future.
You could pick any one of the above subjects that you personally have an interest in and run with it.
About the author:
Ian Canaway will help you launch your very own money making website today that's 100% ready to take orders and pull in massive profits for you right now...guaranteed! Visit: http://www.asuccesfullhomebusiness4u.com
Start a list and add all your favorites to it.
Here's a list of some of the most popular subjects people are paying for...
• Dating, Seduction, Sex Advice, Relationships
• Losing weight, gaining muscle, looking more attractive
• Health & fitness, cures/reliefs from specific diseases & ailments
• Spying, online privacy and security
• Safety, personal security, and protection of self and loved ones (self defense, home security, scam prevention, etc.)
• How to use computers and the Internet
• Mental influence, persuasion, and dominance
• General self-help, self improvement, personal development, and success
• Hobbies and special interests: cooking, magic, UFO's, metaphysics, becoming more competitive in sports, activities, etc.
• Making money, aside from marketing information: investing, stock market, futures trading, real estate tips, and other related financial information
• And of course, having more control and freedom in their lives!
People are always looking to improve themselves or some area of their lives. They are always trying to find solutions to problems.
There are sites catering to some of the above categories that are already generating thousands of dollars every month. I have personally sold products on some of the above categories and done very well.
Yet, we haven't even begun to tap the true profit potential in these areas yet because there's very little competition in most of these areas, especially when compared to the "how-to marketing" area! The potential to make money from the above special-interest categories is huge - and it's wide open!
Moreover, as more and more people get accustomed to buying digital products, you can easily imagine making insane amounts of money through these topics well into the future.
You could pick any one of the above subjects that you personally have an interest in and run with it.
About the author:
Ian Canaway will help you launch your very own money making website today that's 100% ready to take orders and pull in massive profits for you right now...guaranteed! Visit: http://www.asuccesfullhomebusiness4u.com
Trends and Profitable Trading In The Forex Markets.
The basis behind using technical analysis is to find trends when looking at the forex charts and be aware of when they first develop so you can ride the trend until it ends. The foreign exchange market is a very strong trending market, lots of ups and downs in short periods of time, and is, therefore, a place where technical analysis can be very effective.
But even considering the great amount of indicators available, there are still many traders every week who still end up buying (being "long") while the currency pair is in a basic downtrend, or selling short when a market is in a uptrend. This is, they end doing things backwards.
If you want to become a profitable forex trader you will need to use as many technical indicators as you want, or create a personalized trading strategy based off a combination of indicators, to recognize the trend. In other words, professional Forex traders try to identify the major trend, the intermediate trend, and the short-term trend and then construct their trades in that direction, based on how long their rules allow them to hold a position.
If the action of the market shows your judgment to be correct, the successful trader 'stays with the market' and endeavors to make the maximum profit on each trade, according to his/her risk-to-reward / equity management rules. If and when the market goes against him/her, the smart trader will take profits and get out. In a narrow market, when prices are not going anywhere to speak of, but move within a narrow range, there is no sense in trying to anticipate when the next BIG movement is going to be - up or down.
In short, if you want to be in good profitable terms with the forex markets you must follow this words of wisdom: “Never argue with the market, or ask it for reasons or explanations”.
About the author:
Adrian Pablo;Forex trader and freelance writer.
>> http://www.1-forex.com
But even considering the great amount of indicators available, there are still many traders every week who still end up buying (being "long") while the currency pair is in a basic downtrend, or selling short when a market is in a uptrend. This is, they end doing things backwards.
If you want to become a profitable forex trader you will need to use as many technical indicators as you want, or create a personalized trading strategy based off a combination of indicators, to recognize the trend. In other words, professional Forex traders try to identify the major trend, the intermediate trend, and the short-term trend and then construct their trades in that direction, based on how long their rules allow them to hold a position.
If the action of the market shows your judgment to be correct, the successful trader 'stays with the market' and endeavors to make the maximum profit on each trade, according to his/her risk-to-reward / equity management rules. If and when the market goes against him/her, the smart trader will take profits and get out. In a narrow market, when prices are not going anywhere to speak of, but move within a narrow range, there is no sense in trying to anticipate when the next BIG movement is going to be - up or down.
In short, if you want to be in good profitable terms with the forex markets you must follow this words of wisdom: “Never argue with the market, or ask it for reasons or explanations”.
About the author:
Adrian Pablo;Forex trader and freelance writer.
>> http://www.1-forex.com
Your Competitors Offer Leasing Finance, you should ask yourself WHY?
The simple answer to this question is that they are offering finance to their customers as a sales, marketing & deal closing tool. It cements their relationships with their customers because leasing finance can usually be offered the same day. The customer is then more likely to return in the future because of the financing is arranged with minimum hassles and no time consuming trips to the bank manager. This type of financing arrangement is known as a “Vendor Program”
Can I Offer Finance to my Customers?
Again, the answer to this question is yes. You can benefit from establishing a relationship / partnership with an appropriate lender and start taking advantage of the sales & marketing opportunities and shortened sales cycle. Your Company, Sales Team and Customers all benefit from a Vendor Program arrangement that can be set up with minimal training and effort on your part.
So now, let us take a look at the benefits in a few more details
Sales Benefits
Finance adds value to your product, by including finance as part of your whole package you make it easier for your customer to buy therefore your sales team will find it easier to close more deals. Deal closing opportunities present themselves via price flexibility, you could discount products & claw back via finance or sell at full price but offer low cost finance. If you have customers who arrange their own finance then you already have the demand for the service, which means that some customers who require finance are probably going elsewhere! Fast finance decisions means that customers are less prone to changes of mind or finding a better deal elsewhere. If you allow others to offer finance facilities you will not be in control of the interest rate & sales could be lost / delayed. Finally, additional Leads can be gained by innovative pricing schemes.
Customer Benefits
You offer, a single point of contact for customers requiring finance for equipment. Quick finance decisions means quick delivery of equipment. Leasing allows customers to upgrade and replace equipment easily with just a simple adjustment in rentals. A near guaranteed acceptance of all finance proposals, start up companies are the more difficult proposals but can be done. Finally there are the tax benefits of leasing, payments are 100% tax deductible, cash and existing credit lines are preserved.
Company Benefits
If you offer finance it presents a barrier to competitors, if it's easy for your customer to keep trading in and trading up with you, your competitors do not get a look-in and as used equipment comes back to the vendor, the second-hand market can be controlled. Vendor maintenance can be made a condition of the leasing, increasing the vendor's profits from maintenance activity. Your company can earn commission on finance deals all for filling in a simple finance proposal form. You can choose whether to earn a commission on any deal because you set the interest rate and best of all any commission earned is 100% profit. Just think what could you do with the commission on finance sales, it could allow you to employ extra salesmen with the profits and generate even higher profits!
If you are NOT offering vendor finance & your competitors are you should ask yourself why Today?
Copyright © Mark Dalton
Eland Business Services Limited
www.ebslfinance.co.uk
About the author:
Mark Dalton is the founder of Eland Business Services Limited. For more information about business finance in the UK please visit www.ebslfinance.co.uk
Can I Offer Finance to my Customers?
Again, the answer to this question is yes. You can benefit from establishing a relationship / partnership with an appropriate lender and start taking advantage of the sales & marketing opportunities and shortened sales cycle. Your Company, Sales Team and Customers all benefit from a Vendor Program arrangement that can be set up with minimal training and effort on your part.
So now, let us take a look at the benefits in a few more details
Sales Benefits
Finance adds value to your product, by including finance as part of your whole package you make it easier for your customer to buy therefore your sales team will find it easier to close more deals. Deal closing opportunities present themselves via price flexibility, you could discount products & claw back via finance or sell at full price but offer low cost finance. If you have customers who arrange their own finance then you already have the demand for the service, which means that some customers who require finance are probably going elsewhere! Fast finance decisions means that customers are less prone to changes of mind or finding a better deal elsewhere. If you allow others to offer finance facilities you will not be in control of the interest rate & sales could be lost / delayed. Finally, additional Leads can be gained by innovative pricing schemes.
Customer Benefits
You offer, a single point of contact for customers requiring finance for equipment. Quick finance decisions means quick delivery of equipment. Leasing allows customers to upgrade and replace equipment easily with just a simple adjustment in rentals. A near guaranteed acceptance of all finance proposals, start up companies are the more difficult proposals but can be done. Finally there are the tax benefits of leasing, payments are 100% tax deductible, cash and existing credit lines are preserved.
Company Benefits
If you offer finance it presents a barrier to competitors, if it's easy for your customer to keep trading in and trading up with you, your competitors do not get a look-in and as used equipment comes back to the vendor, the second-hand market can be controlled. Vendor maintenance can be made a condition of the leasing, increasing the vendor's profits from maintenance activity. Your company can earn commission on finance deals all for filling in a simple finance proposal form. You can choose whether to earn a commission on any deal because you set the interest rate and best of all any commission earned is 100% profit. Just think what could you do with the commission on finance sales, it could allow you to employ extra salesmen with the profits and generate even higher profits!
If you are NOT offering vendor finance & your competitors are you should ask yourself why Today?
Copyright © Mark Dalton
Eland Business Services Limited
www.ebslfinance.co.uk
About the author:
Mark Dalton is the founder of Eland Business Services Limited. For more information about business finance in the UK please visit www.ebslfinance.co.uk
Pink Sheets Discover Disclosure.
Once upon a time in the world of finance there were three kingdoms the most widely recognized was also the most snobbish and wealthiest its subjects were affluent and known worldwide. Its king was NYSE (New York Stock exchange) the king ruled proudly over his subjects.
Every brokerage firm had a stock ticker to provide their customer with trade information on NYSE listed stocks.
The second kingdom was not so well off, it had less subjects and the inhabitants were much poorer than those ruled by NYSE, the king was named AMEX (American Stock Exchange). They could be classified as low middle class.
Now the third kingdom was the largest of all, it’s subjects range from middle class to very poor, this kingdom was ruled by OTC (Over The Counter Market). Some of the subjects of OTC were always looking to migrate to NYSE or Amex to escape the stigma attached to being a resident of OTC.
Some of the stock that at one time traded in the Pink Sheets are well known today such as EDS and many new IPO, as well as bank and insurance companies, but you also had stocks trading for a fraction of a penny.
If you wanted a price on a OTC stock you would call your broker who looked in the pink sheets to see who the market makers were, he would get on the phone to a market maker and ask the person answering the phone for a quote, the person answering the phone then gets the price from a blackboard in the front of the room and give it to the broker making the inquiry, this would take some time.
Market makers had a quote boy in the front of the trading room changing the blackboard every time a trader yelled a different price, this markets were good for 100 shares,
In those days it was possible to buy from one market maker at a price and turn around and sell to another market maker at higher price because the one market maker had no idea what the market was unless he made a phone call. So you always found disparities in the price of a stock.
Along came a knight in shining armor named NASDAQ the NASD Automatic Quotation System, which allow brokers to see the price by computer, it gave the mean market (average market) not the best price, but it was a giant step forward.
These NASDAQ machine did not provide live quotes you had to keep on pressing the enter key in order to see the updated quote.
And eventually all the better stocks were gradually included on the NASDAQ systems leaving the more obscure and unprofitable companies to trade on the pink sheet. And again the NASD decided to sink the pink sheets even further into the land of obscurity by creating the OTC Bulletin Board.
The OTC Bulletin Board started out not requiring much information from the issuer but gradually started requesting more information and now they must have audited financial and must be reporting.
All this left the pink as the only market in total disclosure darkness being the only ones not requiring the issuer to disclose its financial reports.
But on February 15, 2005 a little daylight came into the pinks, on this day a new policy was implemented, this policy requires issuers of newly traded securities to disclose adequate current information to the investing public.
This is only required of those companies which have securities quoted on an unsolicited basis on the pink sheets, and have never been listed on an exchange or quoted on the OTCBB.
If an issuer is quoted on an unsolicited basis, this means that the NASD has not cleared a market maker to enter a quote in the security pursuant to SEC Rule 15c2-11. Instead, a broker is relying on an exemption to the rule in order to display a quotation representing an unsolicited customer order. This exception has been used to trade securities of new issuers without any disclosure to the investing public. To address this situation, in October 2004, Pink Sheets revised their policy for brokers entering unsolicited quotes in a new security that has never been listed on an exchange or quoted on the OTCBB. They now require that prior to publication of an unsolicited quote in the Pink Sheets for such securities the broker must ascertain that the issuer has made adequate current information publicly available on the pink sheets website. The disclosure policy has been a good attempt at creating transparency of the basic information that investors trading in public markets deserve.
Pink Sheets is now extending this requirement to companies that were previously quoted on an unsolicited basis. If the companies did not make the required disclosure by February 15, 2005, they removed their displayed quotation from the website.
This new policy is a big step forward for the Pink Sheets and they should be applauded for it, but I Personally would like to see all companies being required to make complete disclosure.
If a company is unable for whatever reason to disclose their finances and corporate updates to the investing public then they should not be allow to trade on any public market.
These companies operating in total darkness are the vehicles being used by stock manipulators to scam the investing public, even though the Pink Sheets have taken this giant step they must remove all non-disclosing companies from the public market place.
I am not sure the pink Sheets have the authority to do so but SEC does, and the SEC is the agency responsible for protecting the investing public.
Lets congratulate the Pink sheet for this change in policy and hope that they will continue to upgrade their standards, as a direct result of this policy we at Genesis Corporate Advisors are changing our policy of not bringing any company public to the Pink sheets.
Effective immediately we will begin considering candidate for the Pink sheets but our preference will continue to be The OTC Bulletin Board because we want as much transparency as possible.
In order to have viable healthy market you must have willing investors with access to current and accurate information.
For additional information visit: www.genesiscorporateadvisors.com
Email questions to: josephquinones@genesiscorporateadvisors.com
About the author:
Joseph Quinones, President of Genesis Corporate Advisors has spent over 25 years in the securities industry. In 1992 he founded JDQ Financial Group, Inc. and proceeded to build it up from a one man operation to the point where it employed many traders, advised numerous client, and generated millions in revenues.
Every brokerage firm had a stock ticker to provide their customer with trade information on NYSE listed stocks.
The second kingdom was not so well off, it had less subjects and the inhabitants were much poorer than those ruled by NYSE, the king was named AMEX (American Stock Exchange). They could be classified as low middle class.
Now the third kingdom was the largest of all, it’s subjects range from middle class to very poor, this kingdom was ruled by OTC (Over The Counter Market). Some of the subjects of OTC were always looking to migrate to NYSE or Amex to escape the stigma attached to being a resident of OTC.
Some of the stock that at one time traded in the Pink Sheets are well known today such as EDS and many new IPO, as well as bank and insurance companies, but you also had stocks trading for a fraction of a penny.
If you wanted a price on a OTC stock you would call your broker who looked in the pink sheets to see who the market makers were, he would get on the phone to a market maker and ask the person answering the phone for a quote, the person answering the phone then gets the price from a blackboard in the front of the room and give it to the broker making the inquiry, this would take some time.
Market makers had a quote boy in the front of the trading room changing the blackboard every time a trader yelled a different price, this markets were good for 100 shares,
In those days it was possible to buy from one market maker at a price and turn around and sell to another market maker at higher price because the one market maker had no idea what the market was unless he made a phone call. So you always found disparities in the price of a stock.
Along came a knight in shining armor named NASDAQ the NASD Automatic Quotation System, which allow brokers to see the price by computer, it gave the mean market (average market) not the best price, but it was a giant step forward.
These NASDAQ machine did not provide live quotes you had to keep on pressing the enter key in order to see the updated quote.
And eventually all the better stocks were gradually included on the NASDAQ systems leaving the more obscure and unprofitable companies to trade on the pink sheet. And again the NASD decided to sink the pink sheets even further into the land of obscurity by creating the OTC Bulletin Board.
The OTC Bulletin Board started out not requiring much information from the issuer but gradually started requesting more information and now they must have audited financial and must be reporting.
All this left the pink as the only market in total disclosure darkness being the only ones not requiring the issuer to disclose its financial reports.
But on February 15, 2005 a little daylight came into the pinks, on this day a new policy was implemented, this policy requires issuers of newly traded securities to disclose adequate current information to the investing public.
This is only required of those companies which have securities quoted on an unsolicited basis on the pink sheets, and have never been listed on an exchange or quoted on the OTCBB.
If an issuer is quoted on an unsolicited basis, this means that the NASD has not cleared a market maker to enter a quote in the security pursuant to SEC Rule 15c2-11. Instead, a broker is relying on an exemption to the rule in order to display a quotation representing an unsolicited customer order. This exception has been used to trade securities of new issuers without any disclosure to the investing public. To address this situation, in October 2004, Pink Sheets revised their policy for brokers entering unsolicited quotes in a new security that has never been listed on an exchange or quoted on the OTCBB. They now require that prior to publication of an unsolicited quote in the Pink Sheets for such securities the broker must ascertain that the issuer has made adequate current information publicly available on the pink sheets website. The disclosure policy has been a good attempt at creating transparency of the basic information that investors trading in public markets deserve.
Pink Sheets is now extending this requirement to companies that were previously quoted on an unsolicited basis. If the companies did not make the required disclosure by February 15, 2005, they removed their displayed quotation from the website.
This new policy is a big step forward for the Pink Sheets and they should be applauded for it, but I Personally would like to see all companies being required to make complete disclosure.
If a company is unable for whatever reason to disclose their finances and corporate updates to the investing public then they should not be allow to trade on any public market.
These companies operating in total darkness are the vehicles being used by stock manipulators to scam the investing public, even though the Pink Sheets have taken this giant step they must remove all non-disclosing companies from the public market place.
I am not sure the pink Sheets have the authority to do so but SEC does, and the SEC is the agency responsible for protecting the investing public.
Lets congratulate the Pink sheet for this change in policy and hope that they will continue to upgrade their standards, as a direct result of this policy we at Genesis Corporate Advisors are changing our policy of not bringing any company public to the Pink sheets.
Effective immediately we will begin considering candidate for the Pink sheets but our preference will continue to be The OTC Bulletin Board because we want as much transparency as possible.
In order to have viable healthy market you must have willing investors with access to current and accurate information.
For additional information visit: www.genesiscorporateadvisors.com
Email questions to: josephquinones@genesiscorporateadvisors.com
About the author:
Joseph Quinones, President of Genesis Corporate Advisors has spent over 25 years in the securities industry. In 1992 he founded JDQ Financial Group, Inc. and proceeded to build it up from a one man operation to the point where it employed many traders, advised numerous client, and generated millions in revenues.
Work from home with e-currency
Are you one of the many people who have spent countless hours searching for unique ways to make money on the internet or trying to make money working at home? Very few people have succeeded at doing so, and most have failed miserably time and time again.
So how are some people succeeding then working online or working from home? The answer is simple; they are finding at business that works with what they already know. The majorities of people today trying to get into the home-based business industry are not salesmen and have never tried to work online before. People fiddle around looking in all the wrong places wasting all there money on advertising for there home business that isn’t working and E-books that promise wealth and riches.
E-currency exchange program allows users to build a financial portfolio through a system of thousands of people exchanging funds from dollars to electronic currency. There are two sides to the e-currency exchange trading system, the portfolio side and the console side.
Users can create a portfolio that will gain 1.5% to 4.0% per day on the amount of money in the portfolio. The money in your portfolio is compounded daily and grows continuously over time. It is not uncommon for people who initially invest $100 to grow their portfolio value to $1000 in 1 month. Once you have been in the e-currency exchange program for a total of 90 days and your portfolio has grown to a value of $5000, you are then able to apply for a console which helps your portfolio grow even at a faster rate. With a console you can now process requests from people that wish to take their money from e-currency and convert it back to the dollar or from the dollar back to e-currency. When you become a console you receive a percentage of the total amount exchanged as profit. Most people then will take that profit and reinvest back into their portfolio helping it grow faster.
The only down-side is learning how to navigate through the e-currency exchange program is extremely difficult without assistance. There are plenty of resources available if one just takes the time to look for them.
About the author:
Learn how I invested $400 into the e-currency exchange program and turned it into $4,000 in 32 days. Visit E-currency Online
So how are some people succeeding then working online or working from home? The answer is simple; they are finding at business that works with what they already know. The majorities of people today trying to get into the home-based business industry are not salesmen and have never tried to work online before. People fiddle around looking in all the wrong places wasting all there money on advertising for there home business that isn’t working and E-books that promise wealth and riches.
E-currency exchange program allows users to build a financial portfolio through a system of thousands of people exchanging funds from dollars to electronic currency. There are two sides to the e-currency exchange trading system, the portfolio side and the console side.
Users can create a portfolio that will gain 1.5% to 4.0% per day on the amount of money in the portfolio. The money in your portfolio is compounded daily and grows continuously over time. It is not uncommon for people who initially invest $100 to grow their portfolio value to $1000 in 1 month. Once you have been in the e-currency exchange program for a total of 90 days and your portfolio has grown to a value of $5000, you are then able to apply for a console which helps your portfolio grow even at a faster rate. With a console you can now process requests from people that wish to take their money from e-currency and convert it back to the dollar or from the dollar back to e-currency. When you become a console you receive a percentage of the total amount exchanged as profit. Most people then will take that profit and reinvest back into their portfolio helping it grow faster.
The only down-side is learning how to navigate through the e-currency exchange program is extremely difficult without assistance. There are plenty of resources available if one just takes the time to look for them.
About the author:
Learn how I invested $400 into the e-currency exchange program and turned it into $4,000 in 32 days. Visit E-currency Online
High Powered Ways To Increase Your Traffic
1. Trade links with other web sites. They should be
related to the subject of your web site. Instead of
trading links, you could also trade banner ads, half
page ads, classified ads, etc.
2. Start an e-zine for your web site. When people
read each issue they'll be reminded to revisit your
web site. They'll see your product ad more than
just once which will increase your orders.
3. Form an online community. It could be an online
message board, e-mail discussion list or chat room.
When people get involved in your community they
will regularly return to communicate with others.
4. Write articles and submit them to e-zines, web
sites and magazines that accept article submissions.
Include your business information and web address
at the end of the article.
5. Give away an electronic freebie with your ad on
it. Allow your visitors to also give the freebie away.
This'll increase your ad exposure and attract people
to your web site at the same time.
6. Combine your products or services into one big
package deal with other businesses offerings. You
could share a web site and advertise the package
deal; which means double the traffic.
7. Submit your freebie to the online directories that
list your particular item or service for free. If you're
offering a free e-zine, submit it to all the free e-zine
directories on the internet.
8. Participate on message boards. Post answers to
other people's questions, ask questions and post
appropriate information. Include your signature file
at the end of all your postings.
9. Exchange classified or sponsor ads with other
free e-zine publishers. If there is a huge subscriber
difference between e-zines, one can run more ads
to make up for it.
10. Post your ad on free advertising areas on the
internet. You can post it on free classified ad sites,
free for all links sites, newsgroups that allow ads,
free yellow page directories, etc.
About the author:
Author Dan Brown has been active in internet marketing for the past 4 years. Dan currently is working with the Zabang search engine introducing their new affiliate program which is due out Sept, 2005. http://www.zabangaffiliate.com/
related to the subject of your web site. Instead of
trading links, you could also trade banner ads, half
page ads, classified ads, etc.
2. Start an e-zine for your web site. When people
read each issue they'll be reminded to revisit your
web site. They'll see your product ad more than
just once which will increase your orders.
3. Form an online community. It could be an online
message board, e-mail discussion list or chat room.
When people get involved in your community they
will regularly return to communicate with others.
4. Write articles and submit them to e-zines, web
sites and magazines that accept article submissions.
Include your business information and web address
at the end of the article.
5. Give away an electronic freebie with your ad on
it. Allow your visitors to also give the freebie away.
This'll increase your ad exposure and attract people
to your web site at the same time.
6. Combine your products or services into one big
package deal with other businesses offerings. You
could share a web site and advertise the package
deal; which means double the traffic.
7. Submit your freebie to the online directories that
list your particular item or service for free. If you're
offering a free e-zine, submit it to all the free e-zine
directories on the internet.
8. Participate on message boards. Post answers to
other people's questions, ask questions and post
appropriate information. Include your signature file
at the end of all your postings.
9. Exchange classified or sponsor ads with other
free e-zine publishers. If there is a huge subscriber
difference between e-zines, one can run more ads
to make up for it.
10. Post your ad on free advertising areas on the
internet. You can post it on free classified ad sites,
free for all links sites, newsgroups that allow ads,
free yellow page directories, etc.
About the author:
Author Dan Brown has been active in internet marketing for the past 4 years. Dan currently is working with the Zabang search engine introducing their new affiliate program which is due out Sept, 2005. http://www.zabangaffiliate.com/
Business card printing: At your service!
Trading of business cards in the business industry is a common and normal practice usually among business owners and corporate executives. This process is one of the marketing tools that show the front line image of every business entities. The cards are being used to create the first contact with the existing customers and the target market at the same time.
It is very important for a business card to achieve printing results that will produce cards that are creative and practical in terms of getting you the inexpensive full color effect. But usually we find it hard to choose what type of services does our business card needs.
Taking consideration of the services offered by different print shops in town, try to prefer the one that have a digital art studio which has extensive graphic design process and printing equipment that are technologically savvy. With this service, it ensures to provide you outputs at the soonest time possible. Thus, from traditional offset printing services to custom printing services, you can rely on the benefits that digital printing technology can provide.
Premium materials are also needed to achieve the desire quality output for your cards. Don’t just settle for a cheaper printing cost if the quality of your business card is compromised. Be wise to pick for the right commercial printing company to do the job for you. Of course professional service of a well-trained team is a vital component for the realization of good and effective business cards. Lot of skills and knowledge are required to accomplish such quality and creative works.
These are but among the few services a commercial printing company offers. Make sure that when you choose the service of a printing company; remember that you are not only to prefer the quality and affordability of the job but most importantly the excellence and perfection it will give for your business card!
About the author:
For additional information and comments about the article you may log on to http://www.mypostcardprinting.com
It is very important for a business card to achieve printing results that will produce cards that are creative and practical in terms of getting you the inexpensive full color effect. But usually we find it hard to choose what type of services does our business card needs.
Taking consideration of the services offered by different print shops in town, try to prefer the one that have a digital art studio which has extensive graphic design process and printing equipment that are technologically savvy. With this service, it ensures to provide you outputs at the soonest time possible. Thus, from traditional offset printing services to custom printing services, you can rely on the benefits that digital printing technology can provide.
Premium materials are also needed to achieve the desire quality output for your cards. Don’t just settle for a cheaper printing cost if the quality of your business card is compromised. Be wise to pick for the right commercial printing company to do the job for you. Of course professional service of a well-trained team is a vital component for the realization of good and effective business cards. Lot of skills and knowledge are required to accomplish such quality and creative works.
These are but among the few services a commercial printing company offers. Make sure that when you choose the service of a printing company; remember that you are not only to prefer the quality and affordability of the job but most importantly the excellence and perfection it will give for your business card!
About the author:
For additional information and comments about the article you may log on to http://www.mypostcardprinting.com
How To Buy a Product or Service With No Money
I have been involved in an age old system of swapping goods and services for no money. The system is called "Barter". The dictionary definition of this is "To trade goods or services without the exchange of money".
I am an Affiliate Marketing Manager and my business is to develop online sales for companies that are either already trading online but need more sales or want to implement an affiliate program and don't know how to or indeed have the time that is required in looking after a huge online sales force.
My story is I wanted to buy a hot tub for the garden and after research found the best one at £2300.00. My wife hit the roof so I went to the firm with my idea. I wrote a simple email offering them the opportunity of me implementing an affiliate program for them for their top of the range hot tub. I didn't really expect a reply but 3 days after the initial email I had the company owner email me to ask for more details.
We chatted extensively on the phone and struck a deal. I would install the affiliate program software, place the affiliate program on the affiliate directories that counted and find super affiliates to start generating sales as quickly as possible. We agreed that I would receive my hot tub when the goals and objectives were met. I achieved them within a month which worked out to around 40 hours work, not a bad deal I thought.
I have since Bartered for a Plasma TV, an MP3 player, 2 Digital Cameras and am now looking for a car.
I have started a online community forum that is specifically for people want to start Bartering or even for people who Barter already view the site here http://www.barterwise.com.
The Barter system is a fantastic opportunity for people to gain what they want by offering what is some surplus stock or some time.
About the author:
Edward Green
http://www.barterwise.com
Barterwise is bringing people together that have something to offer for products or services. Why not join today.
I am an Affiliate Marketing Manager and my business is to develop online sales for companies that are either already trading online but need more sales or want to implement an affiliate program and don't know how to or indeed have the time that is required in looking after a huge online sales force.
My story is I wanted to buy a hot tub for the garden and after research found the best one at £2300.00. My wife hit the roof so I went to the firm with my idea. I wrote a simple email offering them the opportunity of me implementing an affiliate program for them for their top of the range hot tub. I didn't really expect a reply but 3 days after the initial email I had the company owner email me to ask for more details.
We chatted extensively on the phone and struck a deal. I would install the affiliate program software, place the affiliate program on the affiliate directories that counted and find super affiliates to start generating sales as quickly as possible. We agreed that I would receive my hot tub when the goals and objectives were met. I achieved them within a month which worked out to around 40 hours work, not a bad deal I thought.
I have since Bartered for a Plasma TV, an MP3 player, 2 Digital Cameras and am now looking for a car.
I have started a online community forum that is specifically for people want to start Bartering or even for people who Barter already view the site here http://www.barterwise.com.
The Barter system is a fantastic opportunity for people to gain what they want by offering what is some surplus stock or some time.
About the author:
Edward Green
http://www.barterwise.com
Barterwise is bringing people together that have something to offer for products or services. Why not join today.
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