Monthly Archives: February 2017

Internet Business Models

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In 1906, Italian economist Vilfredo Pareto created a mathematical formula to describe the unequal distribution of wealth in his country, noting that 20% of people owned 80% of wealth. Pareto’s Law reminds us to give preference to the 20% that matters and that produces 80% of the results. The 80/20 rule also applies to sales which states that 20% of customers account for 80% of the profits or 20% of products resulting in 80% of total sales. 80/20 This law leads to the pursuit of niche that generates profits, which creates value. The latest practices in intelligence and CRM data have given us the task of identifying each of the products or services that comprise our portfolio in order to filter out those that generate increased sales or higher level of profitability.

But what about the forgotten repertoire of products that are not as defendants?, Is it really a good strategy to dispose of this group of products so popular? If all know the famous Pareto Law, try to sell the most popular and that is where the competition will be tougher. Michael Porter recommends us in the competitive strategies to differentiate ourselves from our competition. One of the ways to differentiate can be focused on selling products or services not so popular, so-called “rare products.” Long Tail Theory in 2004 originated a theory very interesting business models or so-called Long Tail Long Tail. According to this theory, in some areas 50% of sales being generated from products not as popular or rare products.

Changing Your Workspace

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In this particular new spot, there was good lighting, and even though apartment adjoined to the house, it was a wonderful retreat from household chores and responsibilities. It was just wonderful. Over the next few years we have moved several times. Every time after the move and resettlement in a new place, I re- cook your own workspace and work more orderly, efficiently, effectively and successfully. One of the advantages of home-based handmade business is that you can start out small. You can restrict minimal cost, and suitable for any sufficiently comfortable seat in the house. Well, we have prepared a product – but how to sell it? Or rather, how to submit your product to the customers simply do not have the strength of it refuse? About it – in the next section.

How to pack their products with customers like it when the goods are beautifully packaged. Packing as would confirm that they have bought a brand new thing with all the provisions and details instructions. Toys decided to lay in a box with attractive colored pictures that help sell a product, many products are packed in containers which are sometimes more expensive than its contents, and photos often sell better by being inserted into the frame, you can immediately hang on the wall. For more information regarding the limited edition, special care or cleaning conditions, placed on the reverse side. In this sell a product, but also protects it until sold. Nice little gift card – buy goods with them willingly.