Posts Tagged“business”

What if you invented a product, sold it as a unique item among similar, but inferior products for nine years, then suddenly found that someone else was claiming to have invented your product? You’d be pretty angry! Well, that’s exactly what’s happened to Eyal Levy, inventor of the zero-gravity bean bag, the Yogibo. Since 2009, Levy has been selling his product to millions of consumers who needed a comfortable furniture solution that didn’t look like a traditional bean bag. Then came 2018, when John Fiorentino began hawking a similar product, called the Moon Pod, and the Yogibo vs Moon Pod…

Retail is a dynamic industry. With so much to consider, the thought of opening your own retail store can seem quite daunting. But in actuality, there are many moving parts to running a successful business. To succeed as a retailer, you have to be ready and willing to learn every step of the way. A Prime Location A prime spot is the first step to opening a retail store. Make sure you choose a location in a high-traffic area with plenty of walk-in traffic. Your retail location should have ample parking and be accessible by public transportation as well as…

You may consider starting a business for a variety of reasons. Perhaps you suffer from low job satisfaction and would prefer to earn for yourself rather than your employer. Or maybe you’d like to explore new challenges and be your own boss. Regardless, there are multiple avenues to explore, each with their own set of advantages and disadvantages. Of these, the rental business is perhaps the most popular option. Here are some good reasons why. #1 Steady Income After you’ve bought the right property, crunched the numbers, and matched with the right renter, you are almost certainly guaranteed a monthly…

Regardless of whether your business falls within the logistics, manufacturing, sales or medical sectors, having the best equipment that you can afford is always going to aid you in your search for success. Some businesses fail to upgrade their equipment frequently enough and this can lead to slower output and processes, low efficiency and ultimately higher cost to the business. Whilst it is understandable that smaller businesses may not be able to upgrade with as much frequency as a larger scale enterprise, this is not to say that there aren’t some cost-effective options which you can find when seeking to…

We all know the importance of marketing your business in order to attract customers but what about once you have them in the business? Customer retention is equally as important as attracting new customers and this is why along with an outreach marketing project, businesses must also work hard on bringing customers back and increasing their loyalty. This rings even more true for businesses operating withinin the service and retail sector and here are just a few ways which your business can ensure that customers are properly marketed to within the 4 walls of the business, to bring them back…

If you own a business, you know what it takes to remain afloat and in the black. Whether your company is new or has been around for many years, there are several things you need to gain client trust and to improve your bottom line. Increasing Sales The goal of any business is to make money. Even with advancements in technology happening at such a rapid pace, you must keep up with the times in order to maintain a healthy client base and expand. Luckily there are several relatively easy ways to promote growth. For instance, your webpage can help…

When you step back for a moment and take a look at your business operations, are you happy with what you see? In running your company, you have to do everything possible to be outgoing to consumers. Without such efforts, your biz could put a permanent closed sign on its doors sooner than later. So, how can you make your business be more outgoing? Are Your Doing Enough to Promote Your Business? You can never do enough to promote your business. That said you may not be taking advantage of all the promotional opportunities you have in front of you.…

Renting your home out – whether you rent out your entire home or just one guest room – is a very lucrative business. You’ll need to ensure your apartment building or neighborhood allows Airbnb, and you’ll also need to ensure that you have proper home insurance, but once that’s settled, it’s not difficult to turn your home into a holiday rental. You can rent out a portion of your home, a furnished room in your home, or you can rent out your entire home if you are going away on a trip or living elsewhere. Using your home as a…

While many people who create startups focus on consumer businesses, there are those who choose to service other business needs. If you decide that you’d rather focus on helping another business succeed, there are different tactics that you have to keep in mind. Approaching another company involves more than a retail customer in both strategy and delivery. You have to be prepared to fulfill their needs properly and go above and beyond their expectations or run the risk of losing their business to another company who is chomping at the bit to land more clients. Approaching Prospective Clients When you’re…

Marketing has become increasingly important to the bottom line of a business. The more effective a marketing strategy is, the greater chances organizations have of increasing their profits and building their audiences. Yet with the increase in startups launched every year and the continuing discoveries of new marketing mediums, standing out from the competition means going beyond the basics. Through the implementation of unique concepts such as these to be discussed below, small businesses have an increased opportunity to stand out  and beat out the competition. Record Live Social media platforms have created a more personal approach and platform for…