Keeping in touch with your customers using technology:

Technology is always an emerging field for long time. In day today life new technologies always invented and they executed or interfaced with different application platforms. This article describes how technology helps or boosts your business at high profit rate. Let’s discuss. he Internet provides those who run direct sales businesses very simple and convenient ways to stay in touch with their client base. So just what are some ways that you can use the technology of the Internet to keep in touch with your customers?

Blogging Arena:

Blogs are nothing but frequently updated journal or diary usually, often hosted by a third party. You can start a blog to keep in touch with your customers. A blog is basically an online journal and a great place to inform people of your business. With your blog, you can include informative articles relating to whatever product you maybe selling, keep your customers informed of product specials that both your company and you personally are offering and allow them to make comments about your posts should they have any questions. Blogger.com is a popular place for many to start blogs. No need to spend money as it is free. Another familiar community is forums are nothing but a public meeting or assembly for open discussion. You could start your own online forum to communicate with your customers. It is really quite simple to start your own message board. You can start different forums to deal with customer questions on specific products, customer complaint issues, product specials and even a forum where you can chat with your customers about any topic. Forums encourage interaction and provide an archive so others can review previous conversations.

Online Discussion groups and Non- spam mailing lists:

Starting an email discussion group like the ones available through yahoo is yet another way that you can keep in touch with your customers. You can make your group available for discussion or use it to release a monthly or even weekly newsletter to inform your customers about your business. A yahoo group and Google groups is a free service and makes it incredibly easy for you to use. Starting a mailing list is yet another way that you can use the Internet to keep your customers informed about the goings on of your business. Just make sure that before you start sending out information about your business to your mailing list that you pay close attention to what would be considered spamming. Do a search on the can spam act. Basically it says you cannot send email to someone without their express permission. These ideas are help to utilizing the convenience offered by these tools is a smart way to build up your business. All the best for your business!

How to make better profits from your business this year?

Dear aspirant readers this article analyze the business point in terms of high profitable tasks and how to relate the financial subjects of every business demands that meets. Here I’ll use some resources for my article keep good and reliable one.

Establish Key Performance Indicators

These Key Performance Indicators should measure a variety of financial areas in your business e.g. value of an average transaction, cost per sale, profit margins, cost per inquiry, the lifetime value of a client etc. In this way you will have some very clear yardsticks or benchmarks on which you can base any future profit enhancement initiatives.

Write down 4 initiatives against each Key Performance Indicator that you and/or your people can do to improve on these figures. Then write down some action steps and delegate these tasks. It is important that these KPI’s are monitored on a regular ongoing basis so that you can assess the performance.

Revisit your Client nurturing program. Make sure that it addresses the following points:

• You will need to have a telephone or email contact with each client at least every two months. This will depend on how frequently they purchase from you.

• Provide value-added services and information which are not directly linked to a sale, from time to time. These could include reports, golf days or 'client only' workshops.

• Make special 'client only' offers every now and then, where you offer them a great deal because they have purchased in the past from you.

• You know that all clients are not the same. Make sure that you have reorganized your clients into 6-star, 5-star, 4-star and 3-star. You should give the 6-star clients the "6-star" treatment.

• On an ongoing basis you need to gather information on who your clients are, what their current needs are and how you can improve your level of service for them.

Come up with ways to make it fun for your customers to do business with you, as well as enjoyable for your team members.

Making it fun is a great way to motivate your staff, as well as getting your customers to buy from you. An example of a fun place to work is Virgin Blue Airlines, based here in Australia. The adventurous Richard Branson is the creator of this “fun factor” for the airline. When you fly Virgin you will notice that they are dramatically different to any other Australian airline company. The bright red corporate colors and the dramatic statements they use, make them stand out from the rest. Their flight attendants always seem to be enjoying themselves as well.

Courtesy: Kristina

All the best for your business and its successes!

What is share market? How to become an good trader?

Definition of shares:

In relation to a company, a security representing a portion of the holder's capital in that company. There are basically two types of shares, namely ordinary shares and preference shares. Ordinary shares give holders the rights of ownership of the company, such as the right to share in the profits of the company by way of dividend, the right to vote in general meeting and to elect and dismiss directors.

In another word a unit of ownership in a corporation and the central core of stock trading. The more shares you own in a corporation, the more ownership you have in that corporation. A stake in a company which confers ownership rights on the holder. Shares are also known as Equities. In finance a share is a unit of account for various financial instruments including stocks, mutual funds, limited partnerships, and REIT's. In British English, the usage of the word share alone to refer solely to stocks is so common that it almost replaces the word stock itself.

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Let’s face it – even after conducting the most thorough analysis, sometimes your stock picks move in the wrong direction. Unfortunately most investors only know how to use stop losses or other “loss minimizing” strategies when that happens. But what if there were a way to “adjust” your trades to actually turn those losing stock picks into winners?…

• Proven methods to pick the right stocks
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For more information about stock market and risk factors you can use the following links

www.InvestmentHouse.com

www.marketwatch.com

www.nasdaq.com

www.nyse.com

www.londonstockexchange.com

www.bseindia.com

Nikkei

This article analysis basic of share market and how to invest in shares etc... conceptual analysis and market based data are updated soon check back the articles for exclusive report