The huge variety of Internet resources can be divided into two groups – information and commercial. Under the commercial sites should be understood sites that are engaged in the sale of goods, not advertising spaces. This is the key point, because for information and advertising sites it is important only the amount of attracted traffic, and for online shopping are important not just visitors, but also buyers. Therefore, there is a very important question: how to increase the number of customers with a consistently high level of attendance?
Determine the possibilities
Before carrying out activities to increase sales, it is necessary to carry out preliminary calculations and preparatory work. Continue reading
The prospects of small business are connected with the understanding of the fact that it occupies one of two niches in the economy. The first of these is the start of new business areas. The second niche is an aid to the average, but more often big business. In our conditions, about 10-20% of small businesses work in the first niche. In the second niche – 80-90% of small businesses.
In other words, the vast majority of small businesses work as assistants to big business and, accordingly, depend on it. For example, service stations are assistants to car manufacturers and spare parts for them. The sphere of trade is the assistants to the producers of goods. Travel agencies are assistants to tour operators. Continue reading
Free marketing research is a reality accessible to all. The importance of marketing research is that they are the main source of complete and objective information about the market. This information can be relied upon when making decisions, when creating advertising materials, when developing products or services, and in many other cases.
In principle, you can of course conduct business and do all of the above without marketing research, relying only on intuition. Intuition is a good adviser, but it does not give specific figures, but indicates only directions. I really want to know the numbers, because the numbers allow you to cheat everything and plan everything, but you don’t want to spend money on it. Continue reading
The definition of income implies a wide range of applications. In a General sense, income is those funds or tangible assets that were obtained as a result of activities for a certain time period.
Economic benefit should be considered the amount of money received in the form of wages, interest, dividends, payments for the use of factory buildings, equipment, land, other natural resources, revenue and taxes from business activities. From the point of view of economists, the income is means, after payment of taxes which the subject of activity expects to spend for personal consumption and for personal savings. Also under income understand the funds that the subject can spend and it will not affect its economic condition. Receive the income of natural and legal persons and the state. Continue reading
The proper start to your own business is to find a promising idea. A good idea is a guarantee of a successful business. Most businesses go bankrupt in the first year just because they are based on either no idea at all, or the idea has no prospects. 80% of success depends on the idea and another 20% depends on how and by what algoritm it is implemented.
Analysis of the most expensive companies in the world shows that each of them was based on a promising idea. In turn, the analysis of failed startups shows that they were based on an idea that initially had no prospects. All this suggests that you should not take up the first idea and start a business based on it. Continue reading