Tuesday, January 24, 2017

Learn How to Make Money by Buying and Selling Repossessed Houses

Learn How to Make Money by Buying and Selling Repossessed Houses
 by: Mark Jenkins

Most individuals recognise that investing capital in a repossessed house is an excellent system to make money and, what with the economic downturn predicted to carry on through 2011, there will be heaps of openings around. And, in actual fact, buying and selling property is no different to buying and selling any other commodity. One piece of advice, though, don't accept everything you read! Businesses undertaking to find you properties at, say, 70% below market value (BMV) are to be viewed with caution.

As is all too obvious, we are now in a depressed property market, which should be excellent for repossessions.

There will be extra 'distressed' sales around, that is people who find themselves in economic adversity are inclined to give up and stop paying their mortgage, consequently putting an additional repossessed house on the market.

However, there will be a smaller probability of you selling-on your bargain buy, notwithstanding how well you have decorated it. Ultimately, a property is only worth what the consumer is prepared to pay.

Yet, there is still capital to be made, without doubt as the market picks up from 2012 onwards you will be in a better place to sell any well-priced repossessed property you buy this year.

The Buy-to-Let Market

All the latest figures show a growth in the buy-to-let market, which increased by 7% last year (2010). And given the relentless financial pressures it is probable that the figure will rise once again in 2011.

Yet, as with any mushrooming market, prices are being pushed down. Most rents have fallen by 0.3% from the beginning of this year – the typical rent, by the way, is £682 per calendar month. However, monthly rents are still 4% higher than they were at this time last year.

Don't forget that the buy-to-let sector is a lawyer's delight – which is possibly why loans for buy-to-let aren't easy to find. There are some specialised lenders but they are thin on the ground. This doesn't mean that buying a repossessed property to let is out of the question, what it means is that you will need to find a sector-specific.
About The Author
Mark Jenkins is a writer for HouseRepossession.co.uk. Visit us for more guidance on finding repossessed houses for sale and best remortgage deals.
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Sunday, January 22, 2017

Retail Pricing Strategies

Retail Pricing Strategies
 by: Anne Carter

There are a lot of factors that can influence the profitability and a retailer’s bottom line. Setting the right price is a crucial step towards achieving that wanted profit. One of the main objectives of retailers is to make a profit, but figuring out what and how to price products may not be as easy as it seems.

Before you can determine which retail pricing strategy to use in setting the right price for your retail products, you must first know the costs associated with the products. Two key elements in factoring product cost is the cost of goods and the amount of operating expense.

The cost of goods includes the amount paid for the product, plus any shipping or handling expenses. The cost of operating the business, or operating expense, includes overhead, payroll, marketing and office supplies.

Regardless of the pricing strategy used, the retail price of the products should more than cover the cost of obtaining the goods plus the expenses related to operating the business. A retailer simply cannot succeed in business if they continue to sell their products below cost.

Now that you understand what your products actually cost, you should look at how your competition is pricing their products. Retailers will also need to examine their channels of distribution and research what the market is willing to pay.

Many pricing strategies exist and each is used based on particular a set of circumstances. Here are a few of the more popular pricing strategies to consider:

Mark-up Pricing

Markup on cost can be calculated by adding a pre-set (often industry standard) profit margin, or percentage, to the cost of the merchandise. Markup on retail is determined by dividing the dollar markup by retail. Be sure to keep the initial mark-up high enough to cover price reductions, discounts, shrinkage and other anticipated expenses, and still achieve a satisfactory profit. Retailers with a varied product selection can use different mark-ups on each product line.

Vendor Pricing

Manufacturer suggested retail price (MSRP) is a common strategy used by the smaller retail shops to avoid price wars and still maintain a decent profit. Some suppliers have minimum advertised prices but also suggest the retail pricing. By pricing products with the suggested retail prices supplied by the vendor, the retailer is out of the decision-making process. Another issue with using pre-set prices is that it doesn't allow a retailer to have an advantage over the competition.

Competitive Pricing

Consumers have many choices and are generally willing to shop around to receive the best price. Retailers considering a competitive pricing strategy will need to provide outstanding customer service to stand above the competition.

Pricing below competition simply means pricing products lower than the competitor's price. This strategy works well if the retailer negotiates the best prices, reduces costs and develops a marketing strategy to focus on price specials.

Prestige pricing, or pricing above competition, may be considered when location, exclusivity or unique customer service can justify higher prices. Retailers that stock high-quality merchandise that isn't available at any other location may be quite successful in pricing their products above competitors.

Psychological Pricing

Psychological pricing is used when prices are set to a certain level where the consumer perceives the price to be fair. The most common method is odd-pricing using figures that end in 5, 7 or 9. It is believed that consumers tend to round down a price of $9.95 to $9, rather than $10.

Other Pricing Strategies

Keystone pricing is not used as often as it once was. Doubling the cost paid for merchandise was once the rule of pricing products, but very few products these days allow a retailer to keystone the product price.

Multiple pricing is a method which involves selling more than one product for one price, such as three items for $1.00. Not only is this strategy great for markdowns or sales events, but retailers have noticed consumers tend to purchase in larger amounts where the multiple pricing strategy is used.

Discount pricing and price reductions are a natural part of retailing. Discounting can include coupons, rebates, seasonal prices and other promotional markdowns.

Merchandise priced below cost is referred to as loss leaders. Although retailers make no profit on these discounted items, the hope is consumers will purchase other products at higher margins during their visit to the store.

As you develop the best pricing model for your retail business, understand the ideal pricing strategy will depend on more than costs. It also depends on good pricing practices.

It is difficult to say which component of pricing is more important than another. Just keep in mind, the right product price is the price the consumer is willing to pay, while providing a profit to the retailer.
About The Author
The author recommends Sqwishland Retail for wholesale bulk toys supplies like squishy toy capsules.
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Thursday, January 19, 2017

Customer Database and its Role in the Expansion of your Business

Customer Database and its Role in the Expansion of your Business
 by: Steve Shankar

A customer database is a very important asset for any type and size of business and it plays a great role in its successful handling. It is basically a great marketing tool that can be used to empower your business and helps in reaping great benefits. A database maintains daily records and keeps track of your customers. Now-a-day, many business houses are offering customer centric services and as a result maintaining such a database has become more important. A database for your customers helps to save time and energy. You don’t have to be the owner of a large business house to enjoy the power of databases. They can be easily customized according to the size and type of your business. Keeping track of your customers will help you to know about their interests and so a database serves as a direct marketing tool. Databases must always be handled by an experienced staff.

When you use a database, you can record and retrieve data at your own will. The data may include the names and addresses of your customers along with their designations date of birth, anniversaries, telephone numbers, email addresses etc. To build your strategy of customer relationship, you can send birthday and anniversary wishes to your customers through phones or on their mails. By doing so, you can make a good link with your customers, which indirectly helps in the expansion of your business. You can give them special offers on their anniversaries and birthdays. This way, you can build a good rapport with your customers. Such marketing strategies are very important to survive the tough business competition. When the number of competitors increases, you should always try to retain the existing customers. It is very important to please and satisfy them and this is where a user database can be of immense help. A database also enables you to promote specific products to specific customers. You can also find out your most profitable customer with the help of a database.

There are many database programs that are marketed by different software development companies. You can also use them to store information about your clients and employees.
About The Author
I am The webmaster at www.alphasoftware.com -- An database management company, Our goal at Alpha Software is to provide you with exceptional software along with outstanding customer service. If you have any questions, suggestions, comments or issues with your experience here, please tell us.
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Saturday, January 14, 2017

A Helpful Guide to find Business Investors

A Helpful Guide to find Business Investors
 by: Jacklin Jonse

New or budding entrepreneurs in any country have a great impact on their respective nation’s economies. Through their new and advanced skill of leading a company, various jobs can be created and enormous wealth too can be generated. However, many of the entrepreneurs’ ideas have become successful because of the financial and professional assistance of Angel Networks. Now you might be thinking what is an angel network? It is a large group of business investors, which finances various highly potential businesses for a period of 3 - 5 years in general, though it can be increased as per circumstances.

Who are Business Investors?

Business investors are people who have massive finances available with them, and they only invest it in profitable ventures, Early Stage Venture or strong business plan. And, most of the leading investors not only provide financial assistance but also offer their business contacts, share their experiences and help a business to grow with their extraordinary business skills. Therefore, most of the investors, who are in the field of Investors Business since a very long time often chose to invest their money in industries and other fields they have experiences of, such as agriculture & food processing, education, healthcare, IT products & services, travel, tourism & hospitality etc. And, it eventually makes them a valuable resource for the venture they put their money in and increases the chance of the business getting successful in a very short period of time.

Hence, these days, angel networks are considered a vital source for getting financial support for setting up Early Stage Venture or expanding the existing one.

How much can business investors invest?

In India, there are various groups of investors which are always ready to provide financial assistance up to USD 1 Million to very strong business plans. And, in return they take some interest over the actual amount given to an organization, and exit from the business within a period of 3 - 5 years, by making massive money through an IPO, M&A or strategic sale. However, as Investors Business is a very full of risk, most of the networks invest their money in businesses that possess minimum risk. Therefore, there are certain points listed below, that most of the investors will look into before investing:

• Investors look for the growth potential of a venture or business plan and its market.

• As there is a lot of competition in each and every industry, they will look into the unique selling point of the firm’s products and services.

• Angel networks invest in businesses that have high barriers to entry; therefore, they pay precise attention to the expertise and keep a track record of the organization’s management and team.
About The Author
Jacklin jonse has a 4 long years of career proficiency of working as a content writer. Throughout the years, Ms. Jacklin has been writing content about Starting Small Business and business investors related issue and has offered some of the outstanding contents to our viewers. My favorite business investors site is: http://www.indianangelnetwork.com
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Sunday, January 8, 2017

Tradeshow Tips for the New Exhibitor

Tradeshow Tips for the New Exhibitor
 by: Rob Colbourn

Trade-shows have become more popular in the past decade, both worldwide, and here at home in the UK. Many businesses have found a new niche marketing exclusively to those who utilize trade-shows as a major part of their business model. Having things under control, and an informed idea about what to expect in terms of sales, events, and income are all things that a new exhibitor thinks of first. Here are some tips that might help you in areas that you have not thought of in the past.

Your Business is Your Employees

While many people think of their business as a ‘better mousetrap’ idea, the fact is, especially at trade-shows and exhibitions, that people will judge your business based upon the people you have working your stand. You will need to take the time necessary to train your employees how to act, what to say, and what not to say if you want to represent your business in the best light. Role-playing in order to build good and consistent habits with the the people running your stand is a necessity.

Promote your Stand in Advance

Many people think that a trade-show is the place to find new customers, and while this is true, you don’t want to exclude any current customers. You should try to promote your stand five or six months in advance. You can do this through physical snail mailings, or via email promotional items. An exhibition is a great place to release new products or services to the general public and existing customers as well. If you offer a special discount to existing customers who make purchases or place orders during the show, you will help to increase your overall cash flow for the show.

“No” is an Invitation

We are not talking about high-pressure sales tactics. When you get a definite no from an attendee, think of it as an invitation to move to another customer that might be interested. If the naysayer is willing, you can leave them with a brochure or flier, but it is time to move on. There is no need to push yourself on the public. You go to trade-shows to gain exposure to a large number of people, don’t waste your opportunities.

Schedule Breaks for Everyone

Trade shows or exhibitions can be extremely tiresome, so you need to make sure that you have plenty of people staffing your stand to allow for breaks and rest. The last thing you want is tired, grumpy, or even sick employees misrepresenting your company or products. This is especially true of traveling exhibitions. Travel is stressful, the show is stressful, and if you do not allow for rest, breaks, and some leisure, people will burn out, resulting in a less than optimal presentation to the consumer.

There are plenty of things that you can do to make your trade-show experience a good one. These tips are a starting point, and by no means all encompassing. Each time you attend a show, you should learn from your successes and mistakes and make the appropriate changes for future shows. If you do this, you will be a pro in no time flat.
About The Author
If you have the need for Banner Stands then visit bannerstands.com for great deals and ideas.
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Monday, January 2, 2017

How to Be More Productive

How to Be More Productive
 by: David Jacobson

As an Internet Marketer you understand the amount of work you actually need to do to get your business to succeed. You don't only need to make stuff you need to market them and build significant buzz for them. You must track the product sales you make, the e-mail addresses you receive and your users' information. It is very important to work on your client relationships and keep them in good shape as well as keeping the lines of communication between potential buyers and future clients. In addition to that, it is advisable to work on setting up your own popularity. There are only a finite quantity of hours in the day; how are you supposed to get the whole thing done? Here are a number of suggestions you can use to handle your time better and be more productive during the day.

Set temporary and permanent ambitions for yourself. This means that you have to write a list of everything that you need to do from the money you want to make next year to the quick e-mail that you forgot to write this morning. Write down all you want and should do and then break out that list into categories: right now, short term and long term. Do every one of the things that you should do at this time and then map out a schedule of things that can be done over longer periods of time.

Write a new to-do checklist on a daily basis. You could either write the day's to-do checklist at the end of one day for the next day or every morning as you settle in to get to work. Write out every one of the items that you have to get done before the end of the day. Then, after those, jot down tasks you have to do for one of your short term projects and tasks for one of your long-run projects. Only allow yourself work on those last list items once you have finished all of the things that you need to do that day. When you finish every thing on the list and also the items for your short and long term goals, you can decide whether you want to do more work that day or if you'd like to have some free time for something fun.

Do not forget to allow for time intended for breaks. Most people think that the key to productiveness is dependent upon your ability to force yourself to stay at your desk for lots of hours every single day and not ever allow a break for anything but visiting the bathroom. The basic fact is that people are more productive at when they start working. So let yourself some time for a couple of breaks every day. A great break plan is a quick morning break, a longer lunch break and a short afternoon break. Some men and women like taking a few minutes just to relax after they finish bigger projects on their to-do lists.

There are many ways that you can use to help yourself get more completed each day. The best way to make sure that you get enough completed each day is to know what, exactly; it is that you need to do. If you know what should get done you will be more likely to stay on track and truly get it done!

For more additional information feel free to visit the "http://www.youproblog.com/internet-marketing-2/how-you-can-accomplish-much-more-everyday" page or visit http://twittermarketingstrategy.wikispaces.com/The+Best+Approach+To+Enhance+Your+Website+for+Non-English+Speaking+Online+Visitors

About The Author
professional writer for http://www.youproblog.com/ as well as many other health related newspapers from Canada.
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Saturday, December 31, 2016

Recognizing Achievement with Customized Art and Acrylic Awards

Recognizing Achievement with Customized Art and Acrylic Awards
by john anderson  
2/01/2013 / FaithWriters Advertising

Once you accept the fact, more than obvious when you merely look around you in everyday life, that promotional products really work, it becomes a mere extension of the logical to include more and more items in the list. The usefulness of personalized items is no less evident in the field of achievement recognition. Whether it is recognizing the dedication or effort of an employee, or rewarding the achievement of someone in a sporting event, or some such occasion, a personalized, customized, art and acrylic award is a much better way to show your appreciation than generic off the shelf items.

Custom awards like the ones from Art and Acrylic Awards including memorabilia such as art and acrylic awards, plaques, medallions and so on, are a great way to show the person that their achievement or contribution is appreciated and recognized. Engraved, printed, and personalized awards products can enhance any kind of corporate or other recognition and award program many times over. What better way could there be to recognize the exceptional achievement of an employee, a coworker, or someone else, than with the awarding of a finely crafted and customized acrylic art award. This not only makes a strong statement about your appreciation of their contribution, and makes a bold impact on the recipient, it also lets them know that they and their achievement are important enough to you to deserve a personalized piece of acrylic art.

The advantages of art and acrylic awards range from lighter items, to the facility to personalize and customize each piece. The items can be created and customized according to your design requirements, or can be one from the ordinary stock that is ready to hand. Whichever the case, the recipient of the award is sure to feel that they are truly noticed and appreciated when they receive an acrylic work of art. The range of custom imprinted and personalized acrylic art items available from the stock available at Action Printing Promotional products are the right promotional items not just for your clients but as awards for your colleagues and employees who are sure to feel honored and appreciated in receiving this token for their outstanding work.

The recipient of this acrylic award from your company or organization will be proud to own and display this art given to them as recognition of their exemplary work for the organization. These items are elegant and a lot more distinguished looking than the average typical pieces available off the shelf in most stores. Using these personalized art and acrylic products as awards will make a positive impact on your clients and colleagues and will drive them to achieve better results for your organization in future. They also make a large difference to the image of your organization and the way the employees feel about their work in it. Being given a generic item is not likely to make anyone feel special or particularly appreciated. On the other hand, receiving a customized piece of acrylic art is much more likely to make them feel special and valued within the organization.

Robert Simons is Marketing Director of Action Printing, the Promotional items Superstore. More information can be found at Promotional items.

Article Source: http://www.faithwriters.com-CHRISTIAN WRITERS
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