Jan
16
2012
Wholesalers are often the most ignored part of the supply chain. Most view their business as a break bulk operation, where they get paid only to deal with smaller deliveries and smaller payments.
But anyone who has been following this industry will say this is not the case in the recent past. Some players have recognized the importance of this under-optimized link and are making full efforts to exploit it. Dropshippers are one such breed.
If you are operating your business in the traditional way then odds are that you will soon face extinction. Each and every industry undergoes fundamental transformations over some period of time. For the wholesalers, the time is now. They better get it right or it may be out of business.
But how can one person think so much? Every now and then you see someone coming up with new ways. For instance, many wholesalers have now turned into e-Bay suppliers. The answer is you cant and you dont have to. There is a limit to what one can accomplish. The most important tasks accomplished have been performed by teams.
With forums one gets an opportunity to get the benefit of this team work. We may all be wholesalers but the truth is that our core competencies are different. Some can manage auctions well, while others have a knack of selling, someone may have seamless operations.
It is advisable for the wholesalers to rush in and catch up on the forum bonanza. It is only with internet that wholesalers can be connected with each other and share their ideas. In short, this means receiving “wholesale advice.” Many minds work better than one and there is no reason why a wholesaler should not join a forum. Knowledge grows with sharing. When each one puts in bits and pieces of their experience, the result is much larger than could have been expected even with the wildest guesses.
Tags: Advice, Auctions, Benefit, Bits And Pieces, Bonanza, Break Bulk, Core Competencies, Deliveries, E Bay, Extinction, Fundamental Transformations, Knack, New Ways, Odds, Period Of Time, Seamless Operations, Supply Chain, Truth, Wholesale, Wholesaler, Wholesalers
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Jan
14
2012
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Dec
18
2011
A credit monitoring service is an annual membership service. This service typically gives you immediate access to your credit report from one or all 3 major credit bureaus. You will also receive access to your credit score. This could be the credit bureaus own score or possibly your FICO score. You may want to opt for a service that provides access to your FICO score. This is the score most lenders will use to determine whether to approve your application for a loan or credit card.
As you begin repairing your credit you will be able to monitor your credit score at periodic intervals. This will let you see if the changes you are making are having a positive effect. This can be a great benefit as you will be able to tell immediately what is working and what isn’t. Some of the services even offer tools to let you see what changes will benefit you the most, such as paying off a certain credit card, before you even make such a change.
This can be very beneficial in determining your strategy to repairing your credit.
By combining your credit reports from all 3 credit bureaus, you will easily be able to see the differences in your credit reports between all credit bureaus. Since each credit bureau maintains its own consumer credit database, don’t be surprised to find differences on each one of your credit reports. This is why it’s essential to get a copy of all 3 credit reports because you won’t know which credit agency in advance that a lender might check your credit with.
Alerting is a feature that allows you to receive email notices if any major changes happen to your credit report. Most services allow you to monitor changes from all 3 credit bureaus.
This can be an ideal way to detect Identity Theft. Also, if you are in the process of getting a home loan or auto loan, you will want to know ahead of time if something changes in your credit report that may hinder your approval process.
Many of the credit monitoring services even offer Identity Theft insurance. By being enrolled in their service, you entitled up to ,000 in damages if you are a victim of Identity Theft.
Credit Monitoring as a service then allows you access to your credit report at all 3 credit bureaus, and the ability to see the bureaus own credit score or you FICO score. Alerts can be setup to notify you of significant changes to your credit that could be Identity Theft.
James Nicholson is the author of this article on payment processing.For more information about the best merchant accounts.
Tags: Auto Loan, Benefit, Consumer Credit, Credit, Credit Bureau, Credit Card, Credit Database, Credit Monitoring Service, Credit Monitoring Services, Credit Report, Credit Reports, Credit Score, Fico Score, Home Loan, Identity Theft Insurance, Lenders, Major Credit Bureaus, Membership Service, Monitoring, Periodic Intervals, Repairing Your Credit, Services, Tools
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Dec
08
2011
Are you having difficulty connecting with your target market? Do you not seem to be getting the message across that you intended? Read my article and learn a method that will help you stop wasting money on marketing that isn’t getting the desired response.
The way you present yourself, your business, your product, is essential to how the consumer perceives you. You have more influence over how you are perceived than you might think; it’s not all up to your customers to create an opinion or image of yourself.
An excellent way to exert your influence over the impression you make with your customer, especially the first impression, is to do what I call “framing”.
Basically, framing is a method of presenting yourself in a manner that should be undetectable to your subject but should still get across your intended message emphatically.
Scenario:
You are attempting to sell a new line of an internet product. Through extensive market research you have found that your target market’s most desirable benefit they crave from this type of purchase is the lifespan of the product. In order to instill in your customer that the best aspect of your product is in fact its longevity you would frame your advertisements or marketing as such:
“Look no further for the longest-lasting, environmentally friendly, cheap replacements for your ‘product’ needs.”
See what I did there? It might be subtle, but the very first description I used catered to the exact benefit of the product I knew the target market was looking for. Because I chose this as my very first description, the rest of my marketing will be framed by the thought that this product is the best when it comes to lifespan.
Consumers will also understand that my product is beneficial for the environment and also inexpensive, but the most prominent aspect will remain “longest-lasting” simply because it was first.
Negative Framing
Keep in mind that the same principles can be used to frame a person, business, or product in a negative light. Look at the following example:
“My neighbor is noisy, generous, and reliable.”
You may be asking why I used positive terms for negative framing. That’s because if you are too aggressive at negatively framing your competition then it will have an adverse impact on you or your company – people will perceive you to be scheming and deceptive.
Conclusion:
Practice your framing skills – you can do this even by changing your appearance to achieve different or better results and noting them as you see the different reactions to the impression you’re trying to give. Understand what your target market wants and mold your approach around that. And remember, frame your negative competition-bashing around something positive to keep your own business balanced in the eyes of the consumer.
Use this, what I call “framing”, and I guarantee you’ll see better results on all your marketing endeavors.
Tags: Advertisements, Benefit, Consumers, Credibility, Desired Response, Environment, First Impression, Image, Internet Product, Lifespan, Longevity, Market Research, Marketing, Replacements, Target Market, Wasting Money
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Oct
20
2011
How many ways are there to make money on the Internet? From all the opportunities that I have seen, I would venture to guess in the hundreds of thousands. Every website has to have a host. Most businesses on the Web today use a shared server with that host. This simply means they are paying a small fee to share the server that they are on with other businesses. So what is this dedicated server all about?
When you utilize and pay for a dedicated server, you are now the only business that the server now hosts. What this means to you is you are not sharing the bandwidth or space with other businesses. You now have a lot more space for traffic. This is an excellent benefit to have when the whole reason for having a website is to have your site viewed by thousands. Without traffic, you are like a needle in the proverbial haystack. No one will be able to find you. With a dedicated server you now have a lot more bandwidth to bring in the traffic your site requires for monetization.
Now that you have your dedicated server, you can utilize this extra space for affiliate websites. You will be able to link to your business website and create cash flow through ads by adding some content to your smaller websites. Affiliate ads as you know pays you commission as a percentage of the profit if a potential buyer clicks on the link to make a purchase of a product or service that they saw on your website.
A dedicated server by all means costs more than a shared server, but you now have more bandwidth and space to more than make up for the extra fees. Its like having many acres of real estate and you own all the property with many rentals, or perhaps properties for sale. The more space or property you have, the more opportunity to create revenue. Again using Real Estate as an analogy… A Real Estate Developers responsibility is to develop property as profitable as possible. Just as it is up to you how you develop your extra space on the internet.
With a dedicated server you could be the host to other websites. You will need the ability and knowledge to provide such a service, but the profit potential can be tremendously rewarding. By having many websites all hooked up to your dedicated server, you will have many money making properties and total control of each. As they say in Real Estate you are a very large property manager. The better you manage your property the more profit you will make.
You can choose Affiliate Sales, ad revenue, product sales, hosting services to businesses or sole proprietors. Whatever you choose, the World Wide Web has unlimited ways for making money with a Dedicated Server.
Tags: Affiliate Websites, Analogy, Bandwidth, Benefit, Business Website, Cash Flow, Dedicated Server, Extra Fees, Guess, Haystack, How To Make Money, Hundreds Of Thousands, Monetization, Money Internet, Money On The Internet, Opportunity, Real Estate Developers, Traffic, Web Server, Web Today
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