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All Posts in "NEW BUSINESS MATH"

Influence of Technologies on Advertising and marketing Items

Technology is advancing in a pretty massive way. In the last century alone we’ve experienced technological innovations and inventions that could have only been dreamt about by these of old. What seemed impossible back within the 60s has now turn into a reality and an integrated part of human life today. Technologies isn’t just offered towards the privileged handful of, now absolutely everyone is now in a position to use them freely for whatever they see fits their lifestyles and personality.

Listed here are the important points on how it affects the more than all item that you would be promoting:

Product introduction is now made easier and easier. The world wide web has impacted how items and solutions are presented for the general public. It really is reviewed and created based on how they want folks to perceive the item and how it really is to become utilised. Feedback is right away provided by the customers and it can be by means of this that item innovation is made and has caused an atmosphere of continuous evolution. It tends to make the interaction between end-users and suppliers additional direct and in sync, taking out the middle man in sales far more often than not hence affecting a lot more of how the product is going to be priced.

Value, the online world permits information on products to be gathered by clientele/customers so simply. This enables the shoppers to produce a comparison of goods and quickly make a … READ MORE ...

by Sofia Benjamin — September 12, 2019 in Economics Business Mathematics

Adapt or Die – Why Your Business Won’t Survive

“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.” – Charles Darwin

I remember a certain case study from back in business school. The narrative revolved around one of the most successful slide rule companies Pickett Eckel, Inc and how they were blindsided by a technological change. At their peak, they were one of the best producers of slide rules, an ancient technology for making calculation that you may have heard of.

Anyone who job involved mathematics or engineering used a slide rule to improve accuracy and to increase the speed of calculations. In the 1960’s, slide rules were the gold standard in computing and they were even used in the Apollo missions to the moon alongside computers with less power than yesterday’s cell phones. At that time, companies in the slide rule industry had already perfected the manufacturing and technology, and they were merely fighting it out for brand preference and market share.

Adapt or Die - Why Your Business Won't Survive — image source

Perhaps they were too comfortable or naive, but it appears that they failed to realize what they offered was not the best slide rules- they offered the best calculators. Though it is extremely complicated to change direction with so much time investment in one direction, it’s necessary for survival. You see customers have always wanted the best and most affordable technology to aid in their everyday lives. For computing into the early 1970’s, slide rules were … READ MORE ...

by Sofia Benjamin — July 16, 2019 in Economics Business Mathematics

Tips To Remember When You Are Purchasing A Two Wheeler Insurance Policy For A Sports Bike

Sport bikes are increasingly finding ownership amongst those who have a passion for adventure and want to enjoy the outdoors. Most people who are proud owners of sports bikes are continually obsessing over performances and constantly debating over speed, engines, etc. with their contemporary bike enthusiasts.

Amongst these discussions, an important aspect of sports bike ownership is also having the right two-wheeler insurance for it.

The category of sports bike generally covers all types of sports bikes and superbikes. These are premium, high end machines and require high maintenance on a regular basis.

Buying an insurance policy for a sports bike or a superbike is must under the Motor Vehicles Act 1988. The insurance plan purchased should have the bandwidth to cover all untoward incidents and accidents. It should also aim to offer cover for the family along with providing personal coverage as well. Any run of the mill two wheeler insurance may not be sufficient to provide adequate cover for motorcycles in this segment. In this category, the higher the premium, the better for the bike and the owner.

There are many insurance companies that you – can choose from online. All prospective plans can be compared online so that you can select the best insurance plan for the bike.

Here is what you should keep in mind when purchasing your insurance policy for your sports bike.

Start with some good old research:

Before purchasing any plan, it is best to … READ MORE ...

by Sofia Benjamin — June 26, 2019 in Finance Business

Make Sure You Get Your Online Business Started On The Right Track By Using These Top 10 Tips

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If you’re just starting an internet business or you’re not quite sure exactly how or where to start, here are 10 top tips to get your online business started as you mean to go on.

1. Find a way to make a living from your passion.

If you can find a way to make a living from your passion, you’ll find the whole process easier and more enjoyable and, ultimately, more successful. You need a lot of time and energy to start and build a successful internet business and you’ll be much more inclined to fully immerse yourself in your work, if it involves doing what you love.

2. Research your market

This is absolutely necessary. Without adequate research, an expensive mistake is quite probable. Even if you are totally absorbed by your topic, others may not be. So, honest research is where you find out if there’s a market and people willing to buy from you.

3. Always write a business plan

Always have a plan. That’s the route to making a business from your passion. First of all you need to have a destination, a dream. Then, to start on the road to success, you need to thoroughly plan all the necessary steps to achieve your dream.

Having a plan for your online business will focus your aim. You’ll find that, when times are difficult, it will reaffirm what you set out to achieve and will keep you on track.

4. Plan your finances as well

What Can a Mortgage Broker Do for Me?

Preparing yourself to make your first home purchase is no easy work. It often takes a lot of your time and energy. And of course, let us not forget that financial aspect. Indeed, it is no easy work, but it is all worth it in the end. Since it is your first time, you have to familiarize yourself with everything that goes with taking out a home.

You have to give careful attention to all the requirements you need to get a loan. There are many requirements, and basically, you can start completing them even before you choose a mortgage lender Midland. Most of the time, the need for each lender is the same; they only vary a bit.

One thing you need to consider as well as to hire a mortgage broker to help you have a more comfortable and smoother transaction. A broker can help you from the start of your process until the deal is closed and sometimes even until you move in. Thus, do not disregard all the help a real estate agent can help you with.

A Broker Can Save You Time

Going places just looking for a property for sale takes a lot of time. You can visit your ideal neighborhoods, but it is not a guarantee that you can view one for purchase immediately. You might have to go back there several times, and when you are a busy person, it is a waste of time. Having an agent can help you … READ MORE ...

by Sofia Benjamin — May 5, 2019 in Finance Business