Robert Wilson replied to the topic Steps to ensure customer satisfaction in the forum General Business Discussion 3 weeks, 5 days ago
To build strong customer relations and earn their loyalty it’s important to ensure that customers remain satisfied. For this you are required to do the following:
1. Target and acquire the right type of customer.
2. Deliver quality customer support.
3. Deliver goods on time.
4. Personalisation and Customisation.
5. Providing better incentives…[Read more]
Robert Wilson replied to the topic What is the best way to market a product or service? in the forum Running Business Profitably 3 weeks, 5 days ago
Today in the world of Internet, where people can’t imagine their day without mobile phones, online marketing is the best way to market your product. It is more affordable also than offline medium and provides global reach. Also it’s easy to track results of online marketing campaigns.
Robert Wilson replied to the topic Ensuring effective E-CRM in the forum General Business Discussion 3 weeks, 5 days ago
It’s great that you are trying to build effective E-CRM practices. It would really help you grow your business. For this, you need to first identify the best prospects and customers for your business and learn about them from various sources. Consumers should be able to have an easy access to information 24*7, try to deliver personalised…[Read more]
Robert Wilson replied to the topic Skills required to be a successful entrepreneur. in the forum General Business Discussion 3 weeks, 5 days ago
To become a successful entrepreneur you need to have great strategic thinking, which means you should know how to decompose a problem and unveil opportunities for growth. Other than this, great networking, communication, and time management skills are important for being a successful entrepreneur.
Robert Wilson replied to the topic Advantages of outsourcing marketing activities in the forum Running Business Profitably 3 weeks, 5 days ago
This problem is faced by many business owners. But according to my personal experience, I would suggest you to outsource marketing activities initially as it leads to cost savings, you can get your job done at a lower cost and at better quality as well because when you outsource from a good company, it brings years of experience and…[Read more]
Robert Wilson replied to the topic Google Analytics Or KISSmetrics in the forum Analytics 1 month, 2 weeks ago
Google Analytics allows you to track many important metrics, covering all aspects. You can monitor the effectiveness of your online marketing strategies, onsite content, user experience, and device functionality. Google Analytics allows you the information needed to improve your website, and make it the best it can be.
Google Analytics is more beneficial because:
It is completely free of charge,
Able to find out how your visitors locate your website,
Able to identify which pages and links your visitors click the most,
Robert Wilson replied to the topic Capital Money in the forum General Business Discussion 1 month, 2 weeks ago
The primary advantage of venture capital financing is an ability for company expansion that would not be possible through bank loans or other methods. This is essential for start-ups with limited operating histories and high upfront costs.
Robert Wilson replied to the topic Investment… Take it or Leave it. What to do? in the forum Funding your Startup 1 month, 2 weeks ago
While closing a VC-led investment this month, I learned to focus on three key factors when searching for investors: domain, demand and delivery.
Recognize first and foremost that you are choosing a partner, not money. People are differentiable, money is not. You need to go in with this mindset and imagine yourself spending significant time with this person.
The first thing to look for is whether your investors are reliable or not.
Robert Wilson replied to the topic Is it Necessary to have a Website before starting a Business? in the forum General Business Discussion 1 month, 2 weeks ago
Today you can have a website for pretty much anything—from crowdfunding campaigns to pet hamster fan pages. But for some reason, many small businesses have been slow to get online, even though websites have been around for over 25 years!
In surveys, many business owners say they don’t have the skills, the time, or the money to build a business website. But a surprising number say that their business doesn’t need a website, either because it’s not required, or because they use social media instead.
Robert Wilson started the topic Business Plan Competitions in the forum General Business Discussion 2 months ago
Suggest some Business Plan Competitions & Idea / Technology Showcase Events
Robert Wilson replied to the topic How do you find your market? in the forum Starting Business 2 months ago
My market is everywhere where the need is. It is very part of world vide cultures so I just need to present in the most common places where people do search for it. Right now Google search is what I am trying to do and I will see if my strategy really does work.
Robert Wilson started the topic Advice on closing and starting up again in the forum Starting Business 2 months ago
So my question is, I would like to close my current sole trader business as it is and start again from scratch. Is this possible as I’m a sole trader?
Robert Wilson replied to the topic What terms are used in the business world? in the forum General Business Discussion 2 months ago
5 Words From The Business World You Should Know
1. DUE DILIGENCE – Refers to a formal investigation of all the nuances of a particular business.
2. RIFLE APPROACH – This is a business strategy, which encourages the employees to focus on specific targets.
3. BALLPARK FIGURE – Before the purchase, an estimate is provided of the future value of the…[Read more]
Robert Wilson started the topic Types of businesses in the forum Startup 2 months ago
What type of businesses are there?
Robert Wilson started the topic Starting a business with siblings. in the forum General Business Discussion 2 months ago
Hi guys, wanted to ask a very important question to see what you all think.
I’m sure many of you have had the same thoughts about going into business with friends and family.
The fact that we are siblings means we can have a disagreement or fall out at any time so need advice from you all before starting.
Robert Wilson started the topic How to calculate the cost of the product? in the forum General Business Discussion 2 months ago
I have recently decided to start a business. I am struggling to work out how to calculate the cost of my product all-inclusive of labour and material cost.