Archive for April, 2015

04.8
15

Benefits of Using a Marketing Company to Achieve a Better Partnership

by como ·

Nowadays, various types of businesses are placed in different areas of the world in both the offline and online markets. And every business person should keep in mind that every business has some risk. Depending on the performance, one might gain significant profit or loss, but it has to be positively balanced to prevent bankruptcy – one of the worst things that can occur in this field.

And so it comes to a point where one tries to find strategies on how to earn more. Use of advertisements on television, broadcasting, and print media may have been utilized in this process. Likewise, there might have been some use of websites, events, and several other forms of invitation. All these things are great and broad in scope, but without sufficient data and statistics to prove their effectiveness, one might just be wasting significant amount of money.

To enhance the growth of one’s business, one can make use of the skills of marketing companies. These companies have specialized tools and software that offer concrete, objective data, and not just hearsay information. They help in partner marketing and in creating or updating one’s database.

During the initial stages, they try to identify the business potential. Using Partner Perceptual Mapping (PPM), an analytical tool similar to but better than surveys, they fine tune one’s programs to get better results and greater rewards. This looks deeper into the programs of a partner to know where one can improve. It also gives an accurate idea of what one’s partner is thinking about like the things they consider before going into partnership, such as company and market position, programs and offerings, relevance of ones business to theirs, and many more. The results are immediately seen in the form of a diagram and one is given a chance to compare two partners at the same time. Overall, it facilitates improvements in channel strategy and planning.

Another thing done at the outset is analysis of the partner gap. If one is falling behind, it might be caused by an inefficient partner or that there may be some components missing. Once this is known, one can then try to contact those which are lacking from the system. A marketing company can provide one with ideal partners based on ones needs and competition. They review one’s targets, find those that match, and determine one’s chances of earning through their use. At this stage, the marketing company will communicate with that partner to ones favor. The data services of this marketing company cleanses, improves, and organizes the database of one’s partner to make it of great use in choosing lead channel campaigns.

Partner recruitment would take place wherein marketing companies look for top performing resellers who are currently unsatisfied with their company relations and commission changes. A marketing company is sensitive to these critical happenings. They understand what resellers need and want. And so with their help, one can gain the partnership of such a reseller increasing ones profitability and get significant growth in terms of shares.

As part of their consultancy service, the marketing company would help in forming a better relationship with the partners by various means including; partner development, using interaction centers, and bettering partner communications. Furthermore, there would be maximization of returns through partner co-marketing and partner fund management.

One could definitely benefit a lot of things from using the services of a marketing company. They specialize in partner marketing to help in finding the missing pieces from one’s business. They help enrich the overall working environment with one’s partners. They are capable of implementing data services by updating data which might be forty percent outdated from one’s database. Other than this, their teams are often capable of speaking a variety of different languages and are also culturally aware of how business should be conducted from one part of the country to another. Overall, using a professional marketing company lends vast experience to businesses seeking to gain more through business partnerships, be it locally or globally.

Kathryn Dawson writes articles for Connection 2, channel partner experts who provide with lead generation, telemarketing, email and data services. With this cutting edge sales and marketing company help, you can increase your market share in new territories quickly and cost-effectively by engaging more productively with distributors, resellers, ISVs and systems integrators. Read more about channel partner marketing and integrated marketing programs today.

04.7
15

How to Find a Good Financial Advisor

by como ·

The Secret to Finding a Good Financial Advisor
By Jennifer Black

Questions you should ask a financial advisor when deciding with whom you are going to work.

1.How often do they meet with their clients?

It is important to know how often your financial advisor expects to meet with you. As your personal situation changes you want to ensure that they are willing to meet frequently enough to be able to update your investment portfolio in response to those changes. Advisors will meet with their clients at varying frequencies. If you are planning to meet with your advisor once a year and something were to come up that you thought was important to discuss with them; would they make themselves available to meet with you? You want your advisor to always be working with current information and have full knowledge of your situation at any given time. If your situation does change then it is important to communicate this with your financial advisor.

2.Ask if you can see a sample of a financial plan that they have previously prepared for a client.

It is important that you are comfortable with the information that your advisor will provide to you, and that it is furnished in a comprehensive and usable manner. They may not have a sample available, but they would be able to access one that they had fashioned previously for a client, and be able to share it with you by removing all of the client specific information prior to you viewing it. This will help you to understand how they work to help their clients to reach their goals. It will also allow you to see how they track and measure their results, and determine if those results are in line with clients goals. Also, if they can demonstrate how they help with the planning process, it will let you know that they actually do financial “planning”, and not just investing.

3. Ask how the advisor is compensated and how that translates into any costs for you.

There are only a few different ways for advisors to be compensated. The first and most common method is for an advisor to receive a commission in return for their services. A second, newer form of compensation has advisors being paid a fee on a percentage of the clients total assets under management. This fee is charged to the client on an annual basis and is usually somewhere between 1% and 2.5%. This is also more common on some of the stock portfolios that are discretionarily managed. Some advisors believe that this will become the standard for compensation in the future. Most financial institutions offer the same amount of compensation, but there are cases in which some companies will compensate more than others, introducing a possible conflict of interest. It is important to understand how your financial advisor is compensated, so that you will be aware of any suggestions that they make, which may be in their best interests instead of your own. It is also very important for them to know how to speak freely with you about how they are being compensated. The third method of compensation is for an advisor to be paid up front on the investment purchases. This is typically calculated on a percentage basis as well, but is usually a higher percentage, approximately 3% to 5% as a onetime fee. The final method of compensation is a mix of any of the above. Depending on the advisor they may be transitioning between different structures or they may alter the structures depending on your situation. If you have some shorter term money that is being invested, then the commission from the fund company on that purchase will not be the best way to invest that money. They may choose to invest it with the front end fee to prevent a higher cost to you. In any case, you will want to be aware, before entering into this relationship, if and how, any of the above methods will translate into costs for you. For example, will there be a cost for transferring your assets from another advisor? Most advisors will cover the costs incurred during the transfer.

4. Does your advisor have a Certified Financial Planner Designation?

The certified financial planner (CFP) designation is well recognized across Canada. It affirms that your financial planner has taken the complex course on financial planning. More importantly, it ensures that they have been able to demonstrate through success on a test, encompassing a variety of areas, that they understand financial planning, and can apply this knowledge to many different applications. These areas include many aspects of investing, retirement planning, insurance and tax. It shows that your advisor has a broader and higher level of understanding than the average financial advisor.

5. What designations do they have that relate to your situation?

A Certified Financial Planner (CFP) should spend the time to look at your whole situation and help with planning for the future, and for achieving your financial goals.
A Certified Financial Analyst (CFA) typically has more focus on stock picking. They are usually more focused on selecting the investments that go into your portfolio and looking at the analytical side of those investments. They are a better fit if you are looking for someone to recommend certain stocks that they feel are hot. A CFA will usually have less frequent meetings and be more likely to pick up the phone and make a call to recommend purchasing or selling a specific stock.
A Certified Life Underwriter (CLU) has more insurance knowledge and will usually provide more insurance solutions to help you in reaching your goals. They are very good at providing techniques to preserve an estate and passing assets on to beneficiaries. A CLU will generally meet with their clients once a year to review their insurance picture. They will be less involved with investment planning.
All of these designations are well recognized across Canada and each one brings a unique focus on your situation. Your financial needs and the type of relationship you wish to have with your advisor, will help you to determine the necessary credentials for your advisor.

6. Have they done any extra courses and for what reasons?

Ask your prospective advisor why they have done their extra courses and how that pertains to your personal situation. If an advisor has taken a course with a financial focus, that also deals with seniors, you should ask why they have taken this course. What benefits did they achieve? It is fairly easy to take a number of courses and get several new designations. But it is really interesting when you ask the advisor why they took a certain course, and how they perceive that it will add to the services offered to their clients.

7. Who will be meeting with you?

In future meetings will you be meeting with the financial advisor, or with their assistant? It is your personal preference whether or not you wish to meet with someone other than the financial advisor. But, if you want that personal attention and expertise, and you want to work with only one individual, then it is good to know who that person will be, today and in the future.

8. Are you the ideal client for the advisor?

Are your financial needs similar to many of their clients? What can they show you that indicates a specialization in your area and that they have other clients in your situation? Has the advisor created any marketing pieces that are client friendly for those clients in your situation, over and above what they offer other clients? Do they really understand your situation? Once you have explained your personal needs and the type of client you are, it should be easy to determine if you are an ideal client for the services they provide.

9. How many clients do they work with?

It is important to know how many clients your prospective advisor works with. Are you one of 100 clients or one of 1000? Based on your assets are you in the top 15%, or the bottom 15% of their clients? These are important things to know. Ask if you are one of their top clients or one of their bottom clients, if will you receive more attention or less attention?

10. Do they have a network of professionals that they trust and can refer you to when you have a need?

It is valuable for an advisor to have a strong network of professional individuals available to their clients, in which they have full trust. Your advisor should know and trust these individuals completely, so that if an issue arises with them, your advisor will be able to go to bat for you.

11. Ask the financial advisor for a list of clients that you can contact.

Are there any clients that have given testimonials and who would be willing to speak to you about the advisor and the services provided? Ask these individuals how they enjoy working with the advisor and their staff. Ask some of the questions that you have asked the advisor, such as, Who do they meet with when they have their meetings, the advisor or an assistant?

12. How does the financial advisor contribute to the community?

Whether or not this is important to you, it is a good question to ask. You will discover if the advisor has given back to the community and if they are doing things over and above the day-to-day job to give back and help others.

13. How do they feel they will best help you and support you in achieving your goals?

This may be a question that you want to ask the advisor in a second meeting, if you have a two meeting process. Ask: How can they bring value to the relationship? What do they feel they can help you with? What will they do to ensure that you achieve your goals?

14. Do they have any tools that they have developed specifically for their clients?

I have touched on this earlier as well. This is really where you can see if a financial advisor is pro-active and if they specialize in a specific area or a specific type of client. An advisor who is pro-active should be creating some tools or have some processes in place to support their clients in their target market. Some of the tools will be used behind the scenes, but should be able to be explained to you, and provided to you during your relationship, to help you achieve your goals and keep you on track.

15. Do they prefer to meet at their office or are they willing to come to your house and why?

It is a great idea to go to the advisor’s office to meet with them initially if you are able to do so. This will allow you to see their office and their working environment; and, it will give you a sense of what type of an advisor they are, and the clients, with which they work. In the same respect, if you do not live close to their office, you should question if they are willing to come to meet with you at your home. If not, you will want to understand why they want to meet only in their office. Likely, they believe that they can provide the best possible service where all of their paperwork and resources are readily available, despite which questions might arise. They may prefer to come to your home once to see your environs and to get a better understanding and feel for the type of client you are. But, if you are unable to get out to meet with them, or if your situation in this regard changes in the future, you will want to know how this will be managed.

16. Do they do financial planning, and if so, do they charge for it?

If you are looking for somebody who is going to look at your overall situation, and who is going to spend the time to help you plan how to meet your goals, you will want an advisor who is proficient at financial planning. If you are looking for a broker whom you simply want to be able to phone to have them place a trade for you, then you will not need financial planning. Understanding whether financial planning is provided is a key component. Be very careful that you are actually getting financial planning when you ask an advisor if they do financial planning. Also, you must understand whether or not there are any fees associated with the planning service. Some advisors may charge an additional fee for the planning on top of everything else that they do, while others will provide you with an actual financial plan at no additional cost.

17. Do they look at the whole picture or only one area?

It is important to know if the prospective advisor has a particular focus. Are they proficient with investments, insurance, financial planning, retirement planning, taxes, and estates? Will this one person be able to take over all of these areas for you? Will you be able to establish a relationship with one solid individual who understands all aspects of your financial situation? Or will they only help you with your investments and have someone else do your taxes, your insurance, your estate planning and retirement planning? Will you need to go out and find the others who do that? It is important to understand if the advisor can look at the whole picture or only one or two areas. You will be able to achieve your goals more quickly if an advisor can service your entire financial portfolio, because each of those areas mentioned, needs to understand and complement the others, while not undermining them, which may occur if various individuals are working on different aspects of your financial plan.

Things to think about during the process

Is it convenient to meet with the advisor? Are they able to meet with you at a time of your liking, or did you have to go out of your way to set up the initial meeting? Are you comfortable with them and their staff? Do you get a good feeling from what they do and what they say to you? Do you sense that they have your best interests in mind? Is their office setting efficient and comfortable?

Interview a number of different advisors before you make a change. This will help you to understand what each one does differently, and it will give you a good idea as to how they will help you to determine exactly what your goals might be. You might even come to realize that your present situation is the best for you at the moment. Talking to several potential advisors will help you to develop a path toward the achievement of the goals that are most important to you, and help you to understand who is best to partner with, in order to achieve those valued goal

04.6
15

The marketing scope of 800 numbers

by como ·

If they are implemented correctly, the 800 numbers would prove to be a powerful and efficient marketing tool. They trigger instant brand recognition in the minds of customers if used wisely. Usually the vanity 800 numbers attract the attention spontaneously as they are mnemonic devices that spell out the name of the brand, product, services or even some related aspect of it. The main intention of using such numbers is that they would help to get a connection with customers or potential customers for the business firms. The customers would also like this idea since they don’t have to pay for the calls they make.

When customer want to learn more information about a product or simply to receive customer care support, they would surely don’t want to make a long distance call. People would feel less inclined to call a new business or even the company from which they had already bought a product and experiencing some technical difficulties with it. This would lead to an overall dissatisfaction with the product and the entire company. Here the toll free numbers play an important role. The simple idea behind 800 numbers is that it helps in keeping touch with the clients, friends as well as family.

As we look back, the 800 numbers were initially created by 1967 by AT&T as a method to reduce additional human labor since the operators were overburdened with the number of collect calls that they were made to process daily. The service was called by them as inward wide area telephone services or in short INWATS. The Sheraton hotel chain was the first business to officially adopt the system in 1970. The modern toll free number system was invented by Roy P. Weber which he had named as Data Base Communication Processing Method. Even though the system was slow to catch on, AT&T never anticipated that the toll free number would become an integral part of the marketing strategy for many new as well as established business concerns.

There are many advantages in suing the 800 numbers for your business. Some service providers would offer the option of call tracking which allows salespersons and other involved members to target sales in a particular area. It can also be used to determine where the highest volumes of calls are originating from. Once the company is able to find out that the call volume is high at certain places, they can improvise in many ways for further development of the business. They can focus on more marketing efforts in that particular area. In the same way, if the company finds out that the calls are limited from a particular area; marketing strategies can be improvised for getting more calls. the company can focus on improving commercials, radio spots, TV ads and some other marketing methods in that location. Yet another advantage of 800 numbers is that it can be used to gauge the customer satisfaction and the level of customer support received. This can be done by recording the usage of toll free numbers.

To get more information about 800 Numbers as well as finding more information about Toll Free Number and Fax Services. Please visit our web site at http://www.ringcentral.com/

04.5
15

Whats The Scope Of Network Marketing In India

by como ·

As the menace of the internet is prevailing everywhere around the world, there is record increase seen in the use of the World Wide Web. There is a record increase observed in the use of the internet for the past few years. This has drawn a deep impact on the business sector which has resulted in the ever increasing websites of many different companies around the globe involved in almost all types of business being carried out today in the world. It helps the business companies in growing their business which is always found helpful for business of every nature.

Network marketing allows people to carry out their routine businesses while sitting at home. This has started a new revolution in the business sector. Out of several different of ways doing marketing, online network marketing is becoming very popular in masses. Many companies are performing their marketing campaigns on the internet as it gives the ease to work from any place of your choice. Network marketing has provided mobility to different business which were done before only from a particular or office. In the modern world it is the modern network marketing which is becoming more reliable as compared to traditional marketing methods.

Network marketing gives you the ease to market your product or business to millions of people in just a fraction of a second by a single click. This has started a new trend of having well designed website for your business marketing. A website is just like a window to towards your business for the outer world. There are many modern advancements being carried out in the field of information technology there have been consider able improvements website designing that helps the client in using different types of website. Network marketing helps to keep a track of your growing business from anywhere instead of just sticking to your office at a particular place.

If you have your own brand of any specific type of clothing you can simply make your website with the brand name and advertise it the internet on very nominal charges. By doing so you can reduce the overall cost of your marketing expenses for your product as compared to the traditional method of print media including posters and pamphlets etc. there ha s been observed that many people from almost all age groups are now using network marketing to promote their business while sitting at home especially women and disabled people by making small investments which later on result in huge revenues in a short time span as compared to other types of businesses

04.4
15

The Opportunities In The Student Housing Investment

by como ·

The trend has changed a lot in the past few years when the foreign students have arrived in the country to get the higher education as well. The Student Housing Investment UK has become one of the most reputed and profitable business since the number of students has increased.

The heads at the Knight Frank have suggested that there are considerable opportunities for the ones who are waiting to plunge in this pool of opportunity. The researches have also shown that the students prefer to have better environment for the student accommodation and are willing to pay more in the sector too. The students so forth go for the places that are more comfortable and have better facilities for them even if they are not in the university campus. This calls for a greater chance for the Student Housing Investment UK offers for the students.

The investment returns have also shown positive recommendations for the people who are searching for opportunity of growth in the sector. The sector thus explains a lot of significance for the future yields for the investors. The analysis of September 2013 showed that the returns were around 7.8 percent, which are expected to get better by time. This gives another greater opportunity for the Student Housing Investment UK.

The rental growth that has charged in a great way is expected to go over 3.0 percent that is anticipated to go at least until 2.7 percent. This gives many chances to invest in the part of property that is used by the students. The student accommodation has become a great kind of return in this area. The unavailability of the students has shown a great response in the area as well. The growth in the sector has increased a lot in comparison to the year 2011. The rise in the student market was seen by 13 percent in the recent years that accounts for major investments in the area as well.

The Student Housing Investment UK thus has proven itself a great manifestation as well. The recent growth shows that the yields in the student population will keep on increasing many folds in the sector by a great percentage. The investors have believe in the fact the lack of purposeful buildings for the students and the increased number of students in the hare will also lead to many fantastic opportunities for the students. This is in turn a great revenue and yield building possibility for the investors. This confidence is evidently seen through the construction that is done on the broader level by the biggest construction companies in town and the ones funded by the foreign investors as well.

04.3
15

Project Management – Some Important Facts

by como ·

The skills related to project management are quite important for the project managers for obvious reasons. However, it is interesting that the tools and the methods that these project managers use in their projects might be helpful for everyone. Even small tasks that are not grand enough to be called projects might benefit a lot from the project management methods as they are invaluable when it comes to planning and implementing a project.

Every task that will require some kind of preparation in order for it to succeed and achieve a desired outcome is surely going to be a lot better off when there are some project management methods used in the process of completing the task. Such project management methods may help you with the planning or the managing of all these little tasks that always pop up and especially when there is a complex activity going on.

The term project management is mainly associated with the planning and managing in a certain organization. However, project management can do great goods in unrelated to business tasks and projects such as planning a wedding or moving a house. The project management methods can be used in many places despite the fact that many people think that these methods can be used in very few situations.

The techniques and planning tools that come with project management can be useful for every task where there is a possibility of different outcomes. They are also valid for situations that include high chances of failure and risk of problems and because of that they require assessing options and planning and organizing of the activities or resources which will be needed for the achieving of a successful result.
The projects that can benefit from project management skills and methods may come in various sizes and shapes, from straightforward and small ones to complex and extremely large ones.

In business and organizations, project management can be useful in almost anything, especially when it comes to changing something or introducing someone such as:
– Staffing and management, people.
– Services and products.
– Manufacturing, production and materials.
– Communications and IT.
– Vehicles, equipments and plants.
– Logistics, distribution and storage.
– Premises and buildings.
– Administration, finance, divestment and acquisition.
– Purchasing.
– Marketing, sales and selling.
– Development of human resources and their training.
– Customer service and customer relations.
– Health and safety, quality.
– Professional and legal.
– Research, scientific and technical development.
– Development of new businesses.
– Anything that includes managing or planning in the structure of an organization.

In order for project management to be successful regardless of the scale of the project or task ( be it small or large), several processes have to be followed. These include planning, communication, motivation, monitoring of the progress of the project, its completion and much more.
Also, the techniques of project management are not something that can be used by project managers only they are valuable skills that benefit everyone and anyone can use.

04.2
15

Success with Anger Management for Teens

by como ·

It must be very difficult to always be positive in every situation, when you are a teenager. Growing up in today’s society is challenging and teenagers are often driven to be defensive. Teenagers are not by nature compassionate people. They are always competing, and jealousy is a huge factor in their lives. The fight to always be number one is an everyday thing in the teenage world. This is sad and unfortunate since these years should be the best years of their lives. Teenagers today are forced to grow up long before they should because of the regular impediments and challenges they face. Some young people handle adversity very well, but others are quick to build a defensive wall around them. When faced with confrontation, many of them lash out angrily and become reckless. Sometimes even to the point of inflicting violence and sometimes even death.

Teens have a tendency to ignore instructions and resist advice, and because of this building an anger management plan for teens is sometimes hard. So in order for anger management for teens to be profitable, the program used with them must be designed so that it will reach the targeted teen without being overbearing. Convincing a teenager that he has a behavioral problem that requires attention may be a challenge but it is essential to make them understand the importance of changing.

Uncontrolled anger can control the life of the people it affects. In the life of a teenager, this could be a disaster. When they have anger difficulties, teenagers tend to yell and scream. They also say hurtful things, push other people around, punch walls and even hurt themselves. It may be hard, but it is important to demonstrate to these people that everyone including them can change. With good anger anger management teens, they can be successful. Teenagers can make the positive changes in their lives that will eventually make their life easier and more enjoyable. When a teen learns to control his anger is definitely a positive change.

Anger management for teens is going to show teenagers how to be self-aware, and how to recognize their feelings in an attempt to understand why they are mad. They will also learn to practice self-control. They will gain the ability to pause a few seconds and think about the repercussions of their reactions before acting. After thinking about their options, teens are taught to make a choice, or pick an option which will bring good results.

Through are taught to review their progress, after acting on their feelings, and see what the outcome of their choice was. These steps could even be considered an effective lesson plan for anger management in teens. If they use this plan each time they are confronted with challenging situations, eventually the teenager will be capable of dealing with confrontations much better.

Teenagers have their likes and dislikes. But directing them to use techniques like exercising, listening to music or journaling might be good advice for teens. You need to understand though that achievement will only be achieved when the teenager himself accepts responsibility for his actions and realizes that he needs to make changes. Using what they like as a distraction may be a good tool in anger management. These could be strategies which teens are willing to try when feeling angry or threatened. Helping a teenager to be good at managing his anger may require many hours of hard work and anxiety, but realizing that your teen is being spared from a future of recklessness and avoidable challenges makes it worth every second.

04.1
15

k Loans A Good Idea Move Or Not

by como ·

The reason people have a 401K retirement plan is so they can fund their older years when they don’t have an income. Many financial planners advise against taking out 401K loans, because it means that you are taking away some of your secure retirement funds.

You can always withdraw funds from your 401K account, but the 401k rule and tax penalties make this a very costly action. If you are considering taking out a 401K loan, make sure it is for an excellent reason and only as a last resort. There are no government rules about the loans but many employers do set restrictions, such as keeping a minimum balance, how may loans you can have at once, and that married employees must get consent from their spouse.

It is the plan administrator who will impose the most conditions on your 401K loans. Most administrators require that you have a valid reason for applying for the loan, and generally will only approve it if it is for one of the following reasons: medical expenses, college tuition fees, deposit for first home buyers, to prevent bankruptcy or eviction because of falling behind with mortgage payments. A 410K loan should not be for day to day expenses.

The good parts of 410K loans are how easy they are to apply for; any interest you pay goes back into your account; interest rates are competitive, even for those who have a bad credit rating; they are risk-free because you are actually borrowing your own money.

The bad parts of 410K loans include some 401k rule limitations on new contributions while the loan is outstanding which affects any employer contributions you may have been receiving; the interest you pay is not tax deductible; there is a relatively short term of the loan compared to other types of loans.

There are several alternatives to a 410K loan available which may be a preferable way to go for these major expenses, which might be worth investigating before you apply. Consider both the good and bad aspects of 410K loans carefully, before you apply.