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    Business Marketing Mistakes: 3 Marketing Mistakes Every Business Makes
    Here are a few important marketing mistakes that just about every business manager out there makes, along with a recommended fix that will help you attract more business and get better results from your marketing, regardless of how big or small your marketing budget is.Mistake #1: We think that marketing is something we “do.”“We need to do some marketing.” It’s the first thing you think when you need to boost business. Problem is, when you think of marketing as something you “do,” you’re usually thinking about publicity, direct mail, flyers, email, ads and promotion. Marketing is much more than merely promotion, and it’s r
    companies to re
    Starting a New Business: Do's and Don'ts to Assure Your Success
    Let's start with the good news. You've no doubt heard the statistics: that 9 out of 10 new businesses fail. Well, it turns out that census data show that about 65% of new businesses were still in operation after 4 years. As we dig a little bit deeper, though, the news is more sobering for solo entrepreneurs: Successful businesses tended to be employer firms rather than solo enterprises. And several studies don't even take into account sole proprietorships. A look at the factors contributing to success or failure in these studies, though, can still offer valuable lessons to those determined to succeed.Here are a few do's and do
    "Outsourcing and globalization of manufacturing allows companies to red
    10 Tips for Better Participation in Meetings
    A meeting can be led (or misled) from any chair in the room. Here's how to make sure that you add value to your next meeting.1) Focus on the issue. Avoid stories, jokes, and unrelated issues. These waste time, distract focus, and mislead others. Save the fun for social occasions where it will be appreciated.2) Take a moment to organize your thoughts before speaking. Then express your idea simply, logically, and concisely. People are more receptive to ideas that they understand. Long, complex explanations always work against you.3) Use positive comments in the meeting. Negative comments create defensive reactions that distr
    ng and globalization of manufacturing allows companies to re
    Pareto's Law- Your Formula For Success
    A 'dirt-world' retail business I used to manage had a large turnover, a very high profit, and less than 100 lines. Early in 2001, I was contracted to manage another business. This one carried over 800 different lines, yet had a turnover of only about a sixth of the other business, and a lower profit margin. They both had a comparable amount of traffic and credibility in the market, so how can it be that the results were so different?The explanation starts with Vilfredo Pareto, an Italian economist and political sociologist who lived from 1848 to 1923. He devised the law of the 'trivial many and the critical few', better known as Pareto'
    lization of manufacturing allows companies to re
    Answer The Most Important Brand Positioning Question First
    Too many companies seek to model themselves after a successful company in their industry, paint a red target on them and say, “Let’s go get ‘em!” Then, the sales and marketing team gets to work, figuring out why the competitor is successful, and even set out to emulate their competitor in the marketplace. I’ve seen it happen. It never ends well, or at least they make very little headway. Usually, they waste much of their marketing budget in the pursuit. Trust me when I say this is no way to begin a successful march toward market leadership.In order to avoid the trap, you must identify what your brand position will be. When determining
    facturing allows companies to re
    Career Advice: Winning the Career Game Calls for Putting on a Game Face
    Q. Yesterday I was interviewed for a job that sounds really good. One question stumped me: “What kind of boss do you like to work for?” Caught by surprise, I said, “I like a boss who’s available to answer questions and give me feedback.”How do I prepare for next time?A. Whether you’re interviewing for a job, networking or making a client presentation, you’ve entered a business relationship. And business relationships differ from friendships.So when you enter a business or a sports arena, you put on a uniform and wear your game face. You follow the rules. Long-time successful players (like Diana Taurasi and Michael
    companies to reduce costs, advantages consumers with lower cost goods and servic

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