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Thursday 28 June 2012

How To Turn Freebies Into Sales

You can increase sales and profits by offering freebies to people who buy your main product or service. They increase the over all value of your main offer and in return people feel they're getting more for less.

It's important that you have a high enough profit margin so you can afford to give them away. Some freebies can be created without a lot of expense; like electronic information products. With these type of freebies there's no shipping or physical material costs.

1. FREE COUPON/GIFT CERTIFICATE

Offer potential customers a free coupon or gift certificate for a back end product or service you're selling. This will increase your chances for repeat purchases.

2. FREE BOOKLET/E-BOOK

Offer a free booklet or e-book related to your main product or service. Inform potential customers that it is a limited time offer and it will only be available before a specific date.


3 Ways To Generate Profitable Business Ideas Anyday


All businesses are created first by ideas. Then once you're in  business you need ideas for marketing, advertising, solving problems, product development etc. The difference between success or failure could be one just one idea. Below are three ways to generate profitable business ideas.

1. Communicating regularly with other business people can  generate many ideas. There are many resources online and  offline to meet new business people lie; seminars, chat  rooms, discussion boards, trade shows etc. Sharing your knowledge, asking questions, and taking in new information will stimulate your mind. Your brain will begin to put all this information together to create profitable business ideas.

2. If you're not much of a communicator, try reading. Reading can also stimulate your mind. Read business books, magazines, e-books, web sites, journals, e-zines, newspapers etc. Your brain will generate profitable ideas by absorbing and rearranging this information on a regular basis.

3. Don't have a lot of time to read? You could listen to business audio books, seminars and courses. Listen to them in the car, while you are doing house work, working in the yard, or exercising. Also, tune in business related radio stations. This will help you save time and generate profitable business ideas at the same time.

There are a few extra tips that will help improve these idea generation strategies. Take short breaks to brainstorm about the information you absorbed. Keep a notepad and pen handy to record your ideas so you don't forget them. All businesses need profitable business ideas to stay ahead of competition and survive.


Saturday 16 June 2012

How To Stop The Risk OF E-Banking

Online banking is the practice of making bank transactions or paying via the internet. This allows seamless cash transfers and bill settlement with just a click. The key benefit of this payment platform is the convenience and the fact that one has round the clock access to money, as long as there is internet access. It also eliminates the need to visit the bank for little matters such as balance inquiry, settlement of account and deposit into a third party account.
Online transactions could lead to credit card fraud and stolen financial information, but most financial firms enact necessary Information Technology (IT) infrastructure to ensure that transmission are secured. However, online retailers with poorly secured service platform end up making millions of their customers a juicy target for hackers; who could obtain huge lists of USERNAMES, PASSWORDS and CORRESPONDING FINANCIAL INFORMATION from the foot-prints left behind after each successful online transactions, prevent LOG-IN DATA interception or theft.
It is essential that the following personal security practices be considered to protect one’s online banking information and avoid the risk of being defrauded.