Your Questions About And Answers Aboutmarketing Concepts

Mark asks…

benefits of societal marketing concepts of the firm?

admin answers:

Social Marketing is a planned process for influencing change. Social Marketing is a modified term of conventional Product and Service Marketing. With its components of marketing and consumer research, advertising and promotion (including positioning, segmentation, creative strategy, message design and testing, media strategy and planning, and effective tracking), Social Marketing can play a central role in topics like health, environment, and other important issues.
In its most general sense, Social Marketing is a new way of thinking about some very old human endeavours.

Linda asks…

How to sell a marketing concept?

I have a great marketing concept that I think has the potential of interesting a big multinational company (or many), I would like to present it to them, where should I start?
-What would be the best way to approach them?
-How can I protect my idea?

Thanks

admin answers:

You have to do this in person. Start by talking to General Electric. You will have to trust them to protect your idea..

Laura asks…

what are concept of international marketing concepts ?

admin answers:

This site will help you alot… Depeding on what you need!

Maria asks…

In relation to interviews with Marketing Concepts (scottish) in glasgow?

I went for an interview today, vague doesnt begin to cover it!
I was only told what brands the company dealt with, that was it now Ive been told I have a trial day tommorrow with them and I have no idea what Im doing!
Does anyone have any ideas what it could be?

I was thinking I would be at a stand in the middle of a shopping centre trying to get people to sign up for things, am I right?

admin answers:

Hi, i also had an interview with them last week and they’ve asked me to come in next week for training. Same thing happened to me, very vague, no mention of wage structure. There is another thread with people asking similar questions here: http://answers.yahoo.com/question/index?qid=20090701115436AATPM7H

How did you get on with your trial day? I hope it isn’t a commission based job :(

Joseph asks…

Name three International Marketing Concepts??10 marks urgent?

Hii there its my short question plz its urgent .. answer quick and get 10 marks now..

Just name three “international marketing concepts
No explanation is needed

Thanks .

admin answers:

I think ur Q is in wrong-section!

Ruth asks…

what are the basic concepts of makketing? the functions and roles of marketing? the marketing concept?

i want some details for my lecture

admin answers:

Marketing is a social and managerial function associated with the process of researching, developing, promoting, selling, and distributing a product, service, or intellectual property.
Definitions
Marketing, as suggested by the American Marketing Association, is “an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders”.In order to be successful in the marketing world, you must possess two key qualities: patience and consistancy. [1]
Another definition, perhaps simpler and more universal, is this: “Marketing is the ongoing process of moving people closer to making a decision to purchase, use, follow…or conform to someone else’s products, services or values. Simply, if it doesn’t facilitate a “sale” then it’s not marketing.”[2]
Philip Kotler in his earlier books defines as: “Marketing is human activity directed at satisfying needs and wants through exchange processes”. Add to Kotler’s and Norris’ definitions, a response from the Chartered Institute of Marketing (CIM) [3]. The association’s definition claims marketing to be the “management process of anticipating, identifying and satisfying customer requirements profitably”. Thus, operative marketing involves the processes of market research, new product development, product life cycle management, pricing, channel management as well as promotion.
Marketing-”taking actions to define, create, grow, develop, maintain, defend and own markets”.
An approach to business that seeks to identify, anticipate and satisfy customers needs.
Al Ries and Jack Trout defined marketing as simply “war” between competitors.
Prior to the advent of market research, most companies were product-focused, employing teams of salespeople to push their products into or onto the market, regardless of market desire. A market-focused, or customer-focused, organization instead first determines what its potential customers desire, and then builds the product or service. Marketing theory and practice is justified on the belief that customers use a product/service because they have a need, or because a product/service has a perceived benefit.

The word ‘marketing’ has indeed been stretched and over-strained, to notate various kinds of businesses. In fact, most entrepreneurs frame their company name to incude the word ‘marketing’ for only one reason – they are uncertain of the label they should give their company!

Two major aspects of marketing are the recruitment of new customers (acquisition) and the retention and expansion of relationships with existing customers (base management).

Once a marketer has converted the prospective buyer, base management marketing takes over. The process for base management shifts the marketer to building a relationship, nurturing the links, enhancing the benefits that sold the buyer in the first place, and improving the product/service continuously to protect her business from competitive encroachments.

Marketing methods are informed by many of the social sciences, particularly psychology, sociology, and economics. Anthropology is also a small, but growing, influence. Market research underpins these activities. Through advertising, it is also related to many of the creative arts.

For a marketing plan to be successful, the mix of the four “Ps” must reflect the wants and desires of the consumers in the target market. Trying to convince a market segment to buy something they don’t want is extremely expensive and seldom successful. Marketers depend on marketing research, both formal and informal, to determine what consumers want and what they are willing to pay for. Marketers hope that this process will give them a sustainable competitive advantage. Marketing management is the practical application of this process. The offer is also an important addition to the 4P’s theory.
Marketers have 4 main skill sets that they bring to an enterprise:

1. Opportunity Identification
True marketing begins before there is a product to sell. Many people think marketing is just selling whatever comes out of the manufacturing plant. It’s the job of marketing to decide WHAT comes out of the manufacturing plant in the first place. Before a business can make money there must be opportunities for money to be made and it’s marketing’s job to define what those opportunities are. Marketers analyze markets, market gaps, trends, products, competition, and distribution channels to come up with opportunities to make money.

2. Competitive strategy/positioning
Markets consists of groups of competitors competing for a customer’s business. The job of marketing is to decide how to create a defensible sustainable competitive advantage against competitors. Marketers conceive strategies, tactics, and business models to make it hard if not impossible for competition to take away customers from their business.

3. Demand generation/management
It’s the job of marketing to create and sustain demand for a company’s products. Marketers manage demand for a company’s products by influencing the probability and frequency of their customer’s purchase behavior.

4. Sales
The ultimate goal of marketing is to make money for a business. In most companies sales is a different discipline and department from marketing. But in order for salespeople to have any long term success in a company they must be led by marketing. The better job a company does of identifying opportunities, creating a differential sustainable competitive advantage, and generating demand for their products the easier it will be for salespeople to make sales.

Four Ps (marketing mix)
In popular usage, “marketing” is the promotion of products, especially advertising and branding. However, in professional usage the term has a wider meaning that recognizes that marketing is customer centered. Products are often developed to meet the desires of groups of customers or even, in some cases, for specific customers. E. Jerome McCarthy divided marketing into four general sets of activities. His typology has become so universally recognized that his four activity sets, the Four Ps, have passed into the language.

The four Ps are:

Product: The Product management and Product marketing aspects of marketing deal with the specifications of the actual good or service, and how it relates to the end-user’s needs and wants.
Pricing: This refers to the process of setting a price for a product, including discounts.
Promotion: This includes advertising, sales promotion, publicity, and personal selling, and refers to the various methods of promoting the product, brand, or company.
Placement or distribution refers to how the product gets to the customer; for example, point of sale placement or retailing. This fourth P has also sometimes been called Place, referring to “where” a product or service is sold, e.g. In which geographic region or industry, to which segment (young adults, families, business people, women, men, etc.).
These four elements are often referred to as the marketing mix. A marketer can use these variables to craft a marketing plan. The four Ps model is most useful when marketing low value consumer products. Industrial products, services, high value consumer products require adjustments to this model. Services marketing must account for the unique nature of services. Industrial or B2B marketing must account for the long term contractual agreements that are typical in supply chain transactions. Relationship marketing attempts to do this by looking at marketing from a long term relationship perspective rather than individual transactions.
Marketers have 4 main skill sets that they bring to an enterprise:

1. Opportunity Identification
True marketing begins before there is a product to sell. Many people think marketing is just selling whatever comes out of the manufacturing plant. It’s the job of marketing to decide WHAT comes out of the manufacturing plant in the first place. Before a business can make money there must be opportunities for money to be made and it’s marketing’s job to define what those opportunities are. Marketers analyze markets, market gaps, trends, products, competition, and distribution channels to come up with opportunities to make money.

2. Competitive strategy/positioning
Markets consists of groups of competitors competing for a customer’s business. The job of marketing is to decide how to create a defensible sustainable competitive advantage against competitors. Marketers conceive strategies, tactics, and business models to make it hard if not impossible for competition to take away customers from their business.

3. Demand generation/management
It’s the job of marketing to create and sustain demand for a company’s products. Marketers manage demand for a company’s products by influencing the probability and frequency of their customer’s purchase behavior.

4. Sales
The ultimate goal of marketing is to make money for a business. In most companies sales is a different discipline and department from marketing. But in order for salespeople to have any long term success in a company they must be led by marketing. The better job a company does of identifying opportunities, creating a differential sustainable competitive advantage, and generating demand for their products the easier it will be for salespeople to make sales.

Four Ps (marketing mix)
In popular usage, “marketing” is the promotion of products, especially advertising and branding. However, in professional usage the term has a wider meaning that recognizes that marketing is customer centered. Products are often developed to meet the desires of groups of customers or even, in some cases, for specific customers. E. Jerome McCarthy divided marketing into four general sets of activities. His typology has become so universally recognized that his four activity sets, the Four Ps, have passed into the language.

The four Ps are:

Product: The Product management and Product marketing aspects of marketing deal with the specifications of the actual good or service, and how it relates to the end-user’s needs and wants.
Pricing: This refers to the process of setting a price for a product, including discounts.
Promotion: This includes advertising, sales promotion, publicity, and personal selling, and refers to the various methods of promoting the product, brand, or company.
Placement or distribution refers to how the product gets to the customer; for example, point of sale placement or retailing. This fourth P has also sometimes been called Place, referring to “where” a product or service is sold, e.g. In which geographic region or industry, to which segment (young adults, families, business people, women, men, etc.).
These four elements are often referred to as the marketing mix. A marketer can use these variables to craft a marketing plan. The four Ps model is most useful when marketing low value consumer products. Industrial products, services, high value consumer products require adjustments to this model. Services marketing must account for the unique nature of services. Industrial or B2B marketing must account for the long term contractual agreements that are typical in supply chain transactions. Relationship marketing attempts to do this by looking at marketing from a long term relationship perspective rather than individual transactions.

As a counter to this, Morgan, in Riding the Waves of Change (Jossey-Bass, 1988), adds “Perhaps the most significant criticism of the 4 Ps approach, which you should be aware of, is that it unconsciously emphasizes the inside–out view (looking from the company outwards), whereas the essence of marketing should be the outside–in approach”. Even so, having made this important caveat, the 4 Ps offer a memorable and quite workable guide to the major categories of marketing activity, as well as a framework within which these can be used.
As well as the standard four Ps (Product, Pricing, Promotion and Place), services marketing calls upon an extra three, totalling seven and known together as the extended marketing mix. These are:

People: Any person coming into contact with customers can have an impact on overall satisfaction. Whether as part of a supporting service to a product or involved in a total service, people are particularly important because, in the customer’s eyes, they are generally inseparable from the total service. As a result of this, they must be appropriately trained, well motivated and the right type of person. Fellow customers are also sometimes referred to under ‘people’, as they too can affect the customer’s service experience, (e.g., at a sporting event).
Process: This is the process(es) involved in providing a service and the behaviour of people, which can be crucial to customer satisfaction.
Physical evidence: Unlike a product, a service cannot be experienced before it is delivered, which makes it intangible. This, therefore, means that potential customers could perceive greater risk when deciding whether or not to use a service. To reduce the feeling of risk, thus improving the chance for success, it is often vital to offer potential customers the chance to see what a service would be like. This is done by providing physical evidence, such as case studies, or testimonials.

The 8 P’s
As well as the other 7 Packaging has been added to this list by some people. The rationale is that it is very important how the product is presented to the customer, and the packaging is often the first contact that a customer has with a product.

AND THEN THERE WERE 9 “P”‘s…

“PHILOSOPHY” is the potential 9th P of marketing. Products (or services) should reflect the underlying philosophy or ethos of the organization. It should also be clear what the philosophy behind the introduction of the particular product is, as well. In his book, “Meeting Need”, Ian Bruce explains this concept as it relates to marketing for charities. It also applies to other products and services

Customer focus
Most companies today have a customer orientation (also called customer focus). This implies that the company focuses its activities and products on customer needs. Generally there are two ways of doing this: the customer-driven approach and the product innovation approach.

In the consumer-driven approach, consumer wants are the drivers of all strategic marketing decisions. No strategy is pursued until it passes the test of consumer research. Every aspect of a market offering, including the nature of the product itself, is driven by the needs of potential consumers. The starting point is always the consumer. The rationale for this approach is that there is no point spending R&D funds developing products that people will not buy. History attests to many products that were commercial failures in spite of being technological breakthroughs.

The next big thing is a concept in marketing that refers to a product or idea that will allow for a high amount of sales for that product and related products. Marketers believe that by finding or creating the next big thing they will spark a cultural revolution that results in this sales increase.

Product focus
In a product innovation approach, the company pursues product innovation, then tries to develop a market for the product. Product innovation drives the process and marketing research is conducted primarily to ensure that a profitable market segment(s) exists for the innovation. The rationale is that customers may not know what options will be available to them in the future so we should not expect them to tell us what they will buy in the future. It is claimed that if Thomas Edison depended on marketing research he would have produced larger candles rather than inventing light bulbs. Many firms, such as research and development focused companies, successfully focus on product innovation. Many purists doubt whether this is really a form of marketing orientation at all, because of the ex post status of consumer research. Some even question whether it is marketing.

Process focus
Over the last few years it has become evident that innovation of one product, or one service, is seldom cost-effective. The problem is that innovation is expensive and it takes time. By the time a single innovated product (or service) gets to market, competitors are generally catching up. Sometimes they have already trumped it. Sure, there are occasional single product luck-outs, such as the i-Pod; but they are few and far between.

The key to making innovation happen on a reliable and sustainable basis, and profitably taking it to market, is innovating Processes, rather than individual products. Innovating the processes that design, produce and take products (or services) to market builds ongoing competitive advantage and increases returns on both innovation and marketing investments substantially.

It has been suggested that Process should be the 5th “P” of marketing because, when customer-driven process improvement is integrated with the “4 Ps,” marketing success is greatly increased.

The model for ProcessPowered Marketing was developed by Bob Roth, Ph.D. And is found at [5]

Other aspects
An emerging area of study and practice concerns internal marketing, or how employees are trained and managed to deliver the brand in a way that positively impacts the acquisition and retention of customers (employer branding).
Diffusion of innovations research explores how and why people adopt new products, services and ideas.
A relatively new form of marketing uses the Internet and is called internet marketing or more generally e-marketing, affiliate marketing or online marketing. It typically tries to perfect the segmentation strategy used in traditional marketing. It targets its audience more precisely, and is sometimes called personalized marketing or one-to-one marketing.
With consumers’ eroding attention span and willingness to give time to advertising messages, marketers are turning to forms of Permission marketing such as Branded content and Reality marketing.

Advertising and promotions
Businesses need to advertise for the following four main reasons:

To raise customer awareness.
To remind customers about existing facilities.
To persuade customers to switch from rival businesses.
To improve and maintain the image of the business.
The ultimate aim of these points is to attract more customers. The places our business will advertise from depends on three things:

Its audience.
The size of their market.
The size of their advertising budget.
Or the mnemomic AIDA can be used which stands for, Attention, Interest, Desire and Action.

Promotions can be classified into two different groups:-

“Above-the-line” promotion, which is advertising through the media.

“Below-the-line” promotion, includes all other promotions, such as public relations, merchandising, sponsorship, competitions, etc.
Forms of Advertising and their advantages and disadvantages:

Lizzie asks…

What is the relevance of the “Marketing Concept”?

This is for a marketing class and I have marketing concept defined as “the ability to apply segmenting, targeting, marketing and positioning”, but what is the relevance?

admin answers:

To competitively satisfy customers needs and wants

Paul asks…

Do you think that knowing at least some marketing concepts is essential for everybody nowadays? Please explain

this is long question….add more detail! please
thx a lot!!!

admin answers:

Yes… Just as you are marketing yourself to answer your homework (nothing wrong with that). People market themselves to get better jobs and higher pay. We market our company’s products or services to improve and secure our position.

Donald asks…

what are some of the marketing concepts for target? what are some of the philosophies and actions for target?

admin answers:

We are the target,

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Your Questions About And Answers Aboutbrand Marketing Plan

Lisa asks…

If I made a shampoo that can dye your hair, what would you call this shampoo (the brand name)?

I am doing this for our Marketing Plan. This product is fictitous. What brand name can you give for a shampoo that can dye your hair?? I would prefer a classy name but other ideas would be great!
(3 minutes ago )

admin answers:

Foamin’ Color

William asks…

What is the difference between dairy and water ice cream?

Hi everybody!
I’m not an English native speaker and I’m doing a marketing plan about an ice-cream brand.
I have difficulty to distinguish between:
Dairy and water ice-cream
Multi-pack, single portion and take-home ice cream
Could someone plz help me?
Thank you so much!

admin answers:

Are you thinking dairy ice cream (typically just called “ice cream”) versus “water ice”? If so:

Ice cream is made from milk and/or cream, eggs (or chemical thickeners) and flavorings. Varieties are as numerous as the stars and include chocolate, vanilla, coffee, strawberry, caramel swirl, peanut butter….

Water ice is flavored, sweetened water that has been frozen. Usually fruit-flavored

Not to confuse you further, but there is also something in between, called “gelato” or “cream ice” which contains dairy like ice cream, but is very soft and light-flavored, more like water ice.

“single portion” is a container holding as much as you would be expected to eat in a single sitting
“take home” is usually larger multi-serving containers, often pints (16 fluid ounces) and half-gallons (64 fluid ounces)
“multi-pack” can refer to multiple containers packed together, like a restaurant might purchase, or (more often) could also refer to a package of multiple flavors. Either way it’s purchased as a single unit.

Daniel asks…

I want to launch Disposable Razors in a 3rd world country, help me with the plan?

I am able to find a company who got like 40 designs and models in Disposbale Razors. I am looking forward to launch the products in a 3rd world market, where Gillette is the market leader. They will cost 1/4 of Gillette distributor cost. The quality is same and it will be sold under my BRAND name,but remember i dont have big TV and mag advertisment budget.

Please help me with serious ideas and plan. I have never been gone in sales on national level or in such huge thing.

Also remember, we dont have business colleges like usa where I can attend business courses, here people dont help much as they consider I will learn and beat them in future. I am just a young bizman with hardearned money.

SO please help me with few websites that have case studies and please help me with a good market plan.

I thank you all in advance.

anam1@yahoo.com

admin answers:

DON’T DO THIS!!! The last thing you need is to export the idea of conspicuous consumption to a place where having enough to eat is an area of major concern!!!

Donald asks…

What is the name of a person, or firm that will help you come up with a game plan on a business idea?

For example, I have a website, and an idea, and I want to hire somebody to help me market, brand, and expand my idea. what is that persons job title, or their firms job title?

admin answers:

It would help to know what city you are in but in L A is Dial Nine.

Charles asks…

I’m planning to buy a laptop and i’m trying to figure out what’s the best brand in the market today.

I’m planning to buy a laptop and i’m trying to figure out what’s the best brand in the market today. I’m on a budget though ($1000-1250 only) :) . Any suggestions? Thanks!

admin answers:

It will depend on your reuirement.If you are buying it for learning or surfing and all a basic or medium configuration is only needed. If you are a gamer go for an extreme configuration.For 1000$ you’ll get a very good configuration.
Most of the daily heard brand are good. If you want a best configuration with lowest price, go for HCL laptop.
Before buying check service availability in your area.

Check this site:

http://www.computerwarehousepricelist.com/productlist.asp?ctg=46

HP, Lenovo, Dell, Toshiba, HCL brand are good:

Betty asks…

What’s the best laptop brand in the market today?

I’m planning to buy a laptop come December. What’s the best brand in the market today? What specifications should I consider?

admin answers:

As you can see from the other answers, different people would have different opinions.

I would recommend you to check ProCompare.com. They have a recommendation engine that ranks laptops (and other tech products) based on ratings and reviews from a community of trusted IT professionals. They also have a cool personalization slider that lets you personalize the results based on the criteria that are most important to YOU.

Here is a direct link: http://procompare.com/Find_Products/Notebooks,/Notebooks

You may also want to check cnet: http://reviews.cnet.com/

Hope you’ll find it useful.

Lizzie asks…

How do you think of the name “cheetah” as a brand of motorbike?

how do u feel the name”cheetah” as a motorcycle brand, our company plan to build a new market in Aafrica with our own brand, and urgent need a good name, pls give me some advice about the name of “cheetah”, if you think it is not good, pls tell me why and give me a name that you think is nice.
We will use this brand to promote our motorbike and motorbike components in africa( mainly nigeria). english is not my mother lannguage, therefore I really appreciate your idea.

admin answers:

Personally I’d name it ducati

Susan asks…

Hi Im planning to buy a new 29″ TV , please advice me the best brand in the market?

Hi Im planning to buy a new 29″ Color TV , Please advice me the best brand in all aspects and true value for money other than Onida, as one of my friend bought a 29″ Onida Oxygen TV, within 6 months it started to give problem it has never started till date.The service from the customer care is worst to the core. So please advice the best brand and true value for money in all aspects.

admin answers:

Go for Sony “Wega” flat screen.Expensive but
trouble free and dependable.Personal experience.

Donna asks…

Which brand Laptop you suggest to buy? What will be a good specification for a good system?

I am planning to buy a computer. We are having lots of brands in the market.

admin answers:

I suggest you to buy HP Pavilion dv5t.

The specification for a good system can be seen from the processor, amount of RAM, and you graphics card.

For the processor, look at the frequency (example: 2.5 GHz) and the amount of L2 cache (example: 6MB)

For the amount of RAM, 2 GB should be minimum or standard. 3GB is better.

For the graphics, choose at least the mainstream one, such as ATI Radeon 36xx or nVIDIA GeForce 95xxM and 96xxM.

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Your Questions About And Answers Aboutwebsite Advertising Costs

Nancy asks…

What would be a typical weekly cost for advertising on an athletics website?

-Banner on the site linking to another website. (US dollars)
-Athletics website for a country such as Hong Kong – national team and competition information, clubs information

admin answers:

Well how much do you make on the corner?

John asks…

How to advertise website for little or now cost without joining lists?

I want to find free or low cost advertising. No PPC, have a good website, check it out if you want : http://www.thegiftplaza.com. I am NOT trying to spam on here, just giving you an idea of the type of website I have to get the best advice possible for advertising it and if anyone has any suggestions for it, I am open minded enough to at least listen to them. :-) Please let me know if you have any advice on advertising and only serious replies please!

admin answers:

Getting traffic is a combination of a lot of things. The key to success is to create great content that visitors want to use, search engines will love and other websites will naturally link to. Of course, it’s easier said than done.

You can use pay per click advertising in the search engines to reach audiences looking for your products. You can use Google Adwords http://www.google.com/adwords or Yahoo http://searchmarketing.yahoo.com . PPC is not free, but highly effective in bringing in targeted audience especially for an ecommerce operation.

Here are some shoestring marketing ideas that can help you get the visitors you need at the least cost possible:

1. Create the best content you can with the best products you can possibly offer. Your content is your best advertisement – if visitors love your content, then they will go back and spread the word to others.

2. Make it easy for users to recommend your site. Viral marketing is very important — and easy to tap on the Web. But give your users the tools. Get a Recommend this Site script from websites such as cgiscripts.com and similar directories of scripts. Some even go as far as giving incentives to those who recommend the site to their friends. If only 10 people go to your site, but these 10 people invite 10 more – that’s additional traffic that you get for FREE!

Recommend Site Scripts (various) http://php.resourceindex.com/Complete_Scripts/Website_Promotion/Recommend_Site/
Big Nose Bird Recommend this Site http://bignosebird.com/carchive/birdcast.shtml
CGI Resource Index http://cgi.resourceindex.com/Programs_and_Scripts/Perl/Website_Promotion/Recommend_Site/
Hostscripts http://www.hotscripts.com/PHP/Scripts_and_Programs/Site_Recommendation/index.html

3. Rank well in the search engines (organic search results, not the pay per click). SEs can be a big source of traffic. The key is to create the best content in your niche. If you have good content, other websites will gladly link to you and offer your site as a resource to their audience. Check the on-page factors and be sure to get linked from authority sites in your topic area.

If you are going to read only one piece on search engine optimization, I suggest you read Brett Tabke of WebmasterWorld.com’s “Successful Site in 12 Months with Google Alone: 26 steps to 15k a day.” http://www.webmasterworld.com/forum3/2010.htm

4. Send out press releases. While outfits charge as much as $650 per release, there are free press release submission places on the Web. Press releases allow you to (a) attract media attention; (b) get more back links to your website without sending each website an email request; and (c) get more visibility especially if your press release gets in Google News or Yahoo News.

Http://www.prleap.com/sign_up.html

http://i-newswire.com/

http://www.24-7pressrelease.com/

http://www.pressbox.co.uk/cgi-bin/links/add.cgi

http://www.pr.com/press-releases

http://www.prfree.com/

http://www.clickpress.com/releases/index.shtml

http://www.theopenpress.com/

http://www.przoom.com/

http://www.prweb.com

http://www.newswiretoday.com/

http://www.free-press-release.com/

5. Submit articles. Write articles and submit them to websites accepting author submissions. You get exposure for your business; establishes you as an authority in your field, and allows you to get backlinks for your website. If 50 websites publish your article and it contains a link back to your website, then you easily get 50 links from a single article. The more links you have, the greater your chances for increasing your search engine rankings.

Here is a comprehensive list of where to submit your articles http://answers.yahoo.com/question/;_ylt=AhzreGmnCUicOoyedqypscUjzKIX?qid=1006022407481

6. Improve your conversion. Getting visitors is one thing; getting them to buy your products is a whole different story. Read the article ” How To Sell More on the Web: 30 Tips To Increase Conversion Rates For An Ecommerce Site ” http://www.powerhomebiz.com/092006/ecommerce.htm for tips on how to improve your conversion rates.

7. Post a link to your site for free where it is allowed (always read the Terms of Use). Examples are:

Craigslist http://www.craigslist.com
Google Base http://base.google.com
Classifieds for Free http://www.classifiedsforfree.com/…
Text Link Exchange http://www.txtswap.com/
Recycler.com http://www.recycler.com/
Yahoo Classifieds http://classifieds.yahoo.com/
US Free Ads http://www.usfreeads.com/

Robert asks…

What are some no-cost advertising methods for a website?

I’ve launched my business and my website, and am on a very strict budget. I’ve got the refera-a-friend button already, and even have started a contest for a FREE GIVEAWAY…but I still need to get the word out to people about it. I already do adwords too. Any suggestions? my website is: http://www.ForMemoriesSake.com

admin answers:

Here’s a few FREE ones that will work for you:

Yahoo – https://siteexplorer.search.yahoo.com/submit
Microsoft Live! – http://search.msn.com.my/docs/submit.aspx
Google – http://www.google.com/addurl/?continue=/addurl
Jayde – http://submit2.jayde.com/
GigaBlast – http://gigablast.com/index.php?subPage=addUrl&page=about&
Scrub the Web (Easy Submit Tool) (FREE) –

http://www.scrubtheweb.com/abs/promo.html

Try a good traffic exchange: http://wizardsurf.com/?r=58298 I’m giving away 1,000 credits to people who sign up using my link. Use those credits on website hits, banner impressions, and text ads to promote your website.

Right now get a FREE LIFETIME PRO upgrade!! 500 credit allowance awarded monthly to promote your website – FREE. Advertise 25 Websites / 25 Banners / 25 Text Ads and SO much more!

Support the Traffic Exchange owner, he actively supports and travels to Guatemala to aid of homeless children and build homes. Http://www.rsmm.org

Jenny asks…

How do I cost advertising pop-ups and/or banners on my website?

I’m considering setting up a website giving tourist and cultural information about an area in Italy. I would like to ask local companies there to sponsor the site but have no idea how to work out their fees. Any ideas?

admin answers:

You should consider these “display” ads. What are newspapers, magazines and other publications in your area charging for display ads on a cost per thousand basis. Another words what is their circulation? How many people will have a chance to see the ad.

Now calculate how many visitors you have to your web site. Once you’ve done that you can decide on a price.

Helen asks…

how do you go about advertising your website? Does it cost anything? Where do I start?

admin answers:

You can advertise your website for free, or pay. It’s all up to you. You can optimize your site in a few hours to eventually get onto the first pag of google – depending on your products general popularity. A sub-niche, shouldn’t take long to get on page 1.

Michael asks…

how much do top advertising agencies cost to develop a website?

We are looking for a really good content management system, using xml, maybe some web 2.0 functionality? Thinking Ogilvy & Mather or Euro RSCG?

admin answers:

Advertising agencies developing your website? Most of this stuff is cookie cutter managed these days with personalized look and feel. Try Bluehost.com for starters as the tech support is solid there and they give you a lot of quick plugins, such as wiki or web2.0 functionality, as well as commercial servers.

If you want something a little more advanced, hire a temp php guy to work with your hosting company, or pay them to do it. An ad agency will hose you. John_lewin@yahoo.com for more suggestions.

David asks…

How To Do Cost Per Click Advertising On My Own Website?

Hi, i am about to launch a new website and have space for advertsing, and was wondering how i actually setup the cost per click thing? Please can someone give me instructions. Thanks x

admin answers:

Assuming you want to show advertisement in your site , there are many programs available online from Google , Yahoo etc. Almost in every program , you have to sign up , get approval with your site. Then you will get code there to insert in your site .

Check

http://publisher.yahoo.com

http://google.com/adsense

Mark asks…

What is the average cost for advertising on a website?

admin answers:

Depends on what website and the type of website it is, How many people view the site and how popular it is etc

Thomas asks…

Rate my estimated online advertising costs?

Website Estimated Costs
CNET.com$720/month x 7 = $5,040
Wired.com$720/month x 7 = $5,040
http://www.houseandhome.com/$720/month x 7 = $5,040
http://www.projectorcentral.com/$350/month x 7 = $2,450
http://www.projectorreviews.com/$350/month x 7 = $2,450
Total * $20,020

Sources:

http://www.appraisaltoday.com/ad_specs.htm

http://www.iaei.org/advertise/web_onlinerates.html

* Estimates are adjusted as they are based online advertisement rates from lesser traffic sites. As the required rates were not publicly available.

I would appreciate ppl saying if they think the rates are too high or low, and what they think it should be about.

Also if anyone knows any online advertising rate information, works in the industry, or has the knowledge to make a solid estimate what these companies would charge per month i would appreciate it thanks
CNET and Wired rates should be similar to those of a high traffic site.

House and homes would be a bit lower

The projector review sites would have similar traffic to any review sites that are high on search engines

I am guessimating lol. So if anyone has knowledge of these sort of things SHARE! :)

admin answers:

Its okay.

Nk

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Your Questions About And Answers Aboutmarketing And Business Development Plan

Laura asks…

What do you think of this statement on Bush’s ‘all market power to the Fed’ plan for the economy?

“Mr. Chairman, I have never been opposed to regulation, although my idea of regulation differs from that of many people in Washington. The free market and its forces of supply and demand are the most effective regulator of the private sector, and have never been known to fail absent government intervention. But piling more public sector regulation on the private sector will have a detrimental effect on the health of our financial system and sow the seeds for the next financial meltdown.

What we in Washington should be discussing is increased regulation and scrutiny of public sector regulatory and oversight agencies such as the Federal Reserve Board, the SEC, and others. The Federal Reserve’s actions got us into at least one depression in the last century, and have led to continued cyclical difficulties, including the current economic slowdown.

Back in the 1970s, government-caused inflation reached levels high enough that the Nixon administration decided to implement wage and price controls. Placing blame on greedy speculators, unscrupulous mortgage originators, or panicky investors, is a common reaction on the part of government.

The solution called for, despite the numerous documented failures of government regulation, is always more regulation, more government involvement in and control over the economy, and less free enterprise. Never is the blame placed squarely where it belongs, which is on the shoulders of legislators and regulators whose actions distort the market, prohibiting legitimate market activities and encouraging the development of labyrinthine and opaque financial schemes.

The latest regulatory plan from the Treasury Department, with the potential to turn the Federal Reserve into a super-regulator overseeing state-chartered banks and bank holding companies, and acting as a guarantor of market stability, is another in a long line of half-baked government responses to financial difficulty. Recession after recession has not impressed upon government leaders the reality that the Federal Reserve’s monetary policy activities are what lead to market instability.

The business cycle, contrary to what Secretary Paulson and others seem to believe, is not endemic to the free market. It is always and everywhere the result of monetary inflation and subsequent malinvestment, which when it is discovered must of necessity be liquidated in order for a true recovery to occur. Delaying the liquidation will only prolong the crisis and ensure that the next crisis will be more severe.

Every government intervention will result in a distortion of the market and a subsequent shock somewhere down the line in the future. It is about time that we recognize the failure of government intervention, get our hands out of the private sector, and for once allow the market to function.
–Ron Paul, Before the Joint Economic Committee, April 2, 2008: Hearing on “The Economic Outlook”

admin answers:

I thought I was reading Reagan. Wow!

Exactly what we need.

Betty asks…

if you are a business man/woman, can you please answer only 6 questions, it would really help me!?

please help! this is for a skool project, and i don’t know any entrepreneurs
if you can answer in detail, that would be awesome :D
here are the questions:

1. What business are you in, how did it come to be, where is it today, and where is it headed in the future?

2. What products/services do you sell, what customers or markets are you targeting, is the business retail, service, etc., what industry will your company compete in, and will your company compete locally, nationally, etc.?

3. Who is the owner of the company and what is the structure of the company including lenders, stockholders, partners, etc.?

4. What are the company’s products, services, features, benefits, and pricing?

5. How does your company, your products, and your services compare to competitors and competing products and services?

6. What are your research and development plans to improve your products and services and to ensure continued competitiveness?

thanks!!! i’ll give you 10 points

admin answers:

I’ll give it my best shot here….might not know all of the answers but I’ll try!

1. I have a home business in network marketing. I market a health and wellness product through Direct Sales. It came to be when the President and CEO of the company, partnered with Dr. Earl Mindell, Pharmacist, Master Herbalist and world’s leading Nutritionist. It is a 12 year old debt free company, and our goal is to reach a billion dollars in sales in the next 3 years.

2. The only product I sell is Himalayan Goji Juice which is a functional fruit juice. Our market is wide open because the product is beneficial to anyone, including babies. My largest market by far is the baby boomers. They are looking for health and anti-aging, this is especially beneficial for them because it is an adaptogen, so it works on all auto-immune deficiencies. Athletes are finding this cuts their recovery time in half while giving them extra energy and stamina. It’s important for those looking for prevention of disease as well. We are in 22 countries now and opening in 20 more this year.

3. There are 3 owners of the company. Ray Faltinsky is a Yale law school grad, he is the President and CEO. Kevin Fournier is the Co-Founder in charge of finances, and Dr. Mindell is the one who brought the product to the western world. He worked with Rick Handell who is a scientist, to find a way to process the product while preserving its DNA.
We were originally financed by Wall Street’s Anson Bearde, but have been debt free for a very long time.

4. As I mentioned, I market only one product. It is the only food on earth that contains 4 natural polysaccharides. It helps to heal on the molecular level. It is full of antioxidants, flavenoids, 21 trace minerals and much more. It rapidly changes the blood from acidic to alkaline by removing bacteria, free radicals, fungus, and acid from the blood stream. It doesn’t “cure” anything, what it does is flushes out the receptor cells allowing the DNA to communicate with each other. The price works out to $6/day.

5. Our juice doesn’t compare to other functional fruit juices because of the 4 natural polysaccharides. Many have tried to copy it, but because we have the patent pending, they will never be able to copy the processing. 11 years of research went into perfecting this and as a result, there are over 78 clinical studies published on pubmed.org listing the benefits. It is the only functional fruit juice on the market with medical and scientific validation. Others charge the same amount per bottle or even more, but do not have the same effects.

6. Research and development are ongoing, even though we already have the Spectral Signature on every bottle, meaning that any Doctor or Scientist can break down the ingredients in any bottle and find that the 4 polysaccharides are in every berry in every bottle. There are over 2 lbs of berries in each bottle.

I hope I answered some of your questions. I have had several home based businesses over the years, but nothing can compare to this one and it’s compensation plan. We have a cutting edge compensation plan and the representatives are the number one priority.

Charles asks…

Is this a good career plan?

Well i’m 18 and just on a gap year at the moment but i plan on going home, becoming a qualified accountant so that i can travel and i hear the pay isn’t bad either. Then i want to (depending on the market) get into property development as i have an estate agent friend who can guide me in the right direction. Or/and set up a business, probably property development though.

It’s not that i’m desperate to be rich and that’s my only goal in life but people always say marry a rich man and its like.. or.. i could do it myself :) Thanks.

admin answers:

Good that you’re not looking to marry rich men for money. Right now, it seems that most women are trying to marry rich men or get pregnant and get money from child support or the gov’t.

Donna asks…

are you a business man?

if you can answer in detail, that would be awesome :D
here are the questions:

1. What business are you in, how did it come to be, where is it today, and where is it headed in the future?

2. What products/services do you sell, what customers or markets are you targeting, is the business retail, service, etc., what industry will your company compete in, and will your company compete locally, nationally, etc.?

3. Who is the owner of the company and what is the structure of the company including lenders, stockholders, partners, etc.?

4. What are the company’s products, services, features, benefits, and pricing?

5. How does your company, your products, and your services compare to competitors and competing products and services?

6. What are your research and development plans to improve your products and services and to ensure continued competitiveness?

thanks!!! i’ll give you 10 points

admin answers:

I would be happy to answer your questions if you email me. I don’t want to answer it in a public forum, and I would also appreciate knowing what the information is for.

Donald asks…

I am 18, attempting to set up a business, Advice and help needed please !!!?

Me and 3 of my friends have dreamed about setting our own company up for the past few years…Property Development, now we all know abit more about construction, building and how a company works, and now have some money in the bank (not a great deal at this stage), but basically we want some more information as to how to go about it, and how to approach people, i have been told that what we need is a mentor, where will i find a person that is going to be willing to help me really. Legal costs/planning, i am quite confident i can put together a really good business plan as i have looked at lots of outstanding examples, has anybody any advice. I know the market isn’t exactly holding a strong structure at the moment, does that mean we should back off or what?
Thanks a lot, can anybody advise please?

admin answers:

Same answer as before – wait. It’s not easy to set up a business and much less in an industry such as property development. If i were you, i think you and your friends should work for a property development company so you can learn what goes behind the scenes first hand and gather knowledge and experience. A good business plan is still all theory and without practical experience your knowledge counts for naught.

Robert asks…

Would a capital investment company invest in me?

I am in the process of developing a business plan for a new and innovative business that my market research proves has exceptional potential for growth within a market that remains largely untapped. Initially I considered building the business up from home operating as a sole proprietor, but quickly realised that this would take too long and that I would be at risk of losing the opportunity.

I have decided that I will be approaching a capital investment company, seeking enough financing to accelerate the development of the business so that we can take it to a market leading position within a specific time frame.

While I believe in my business plan without question, I understand that investors are not only investing in a sustainable and ultimately profitable business venture, but an individual. I am 20 years old and have no experience in business, though I do have qualifications relevant to the field that I intend to operate in.

While the investment is absolutely essential this business idea, just as critical will be the advice, knowledge and resources of a business minded investor who has already been through the process of building successful companies.

Assuming that I have a sound business plan, will the fact that I have no experience in business hinder my application for finance?

admin answers:

The odds are not zero but they can be very low if you don’t have what they are looking for. They depend on you and your business venture. VCs are looking for the combination of a compelling product/technology and the technical and managerial talent to make it a reality. It is often more about the team and your ability to build a business around either a new technology, product(s) or a powerful business model that it is a specific idea.

VCs primarily invest in great management teams and/or exceptional technologists. So, if you don’t have the background and/or track record of success, I strongly recommend you get it before pitching your idea. Generally, you need to be either a successful entrepreneur, have several years of senior corporate experience in the right area for your venture or be an expert in the field of your products/business model. Your age isn’t really the issue. If you are an expert in the field, it is not a problem.

Ruth asks…

What should i do to prepare for business school?

i plan to enter business right after i get some work experience. currently im a junior in college majoring in Human organizational development. my degree simply deals with how to solve problems in organizations, interaction with people and groups. i have courses in macro and micro economics as well as the economics of money and banking. i have courses in organizational theory and group theory. i plan to take some business related courses elsewhere(my schedule is tight here) during the summer to gain more knowledge(accounting, marketing, entrepreneurship). i would like to get an entry level finance jobs(just to get my feet wet and i’ve learned that a lot of companies will train you). also, my degree reguires me to complete an internship. i was thinking
D.C., San Francisco(number one on my lilst), and New York. Does it matter to where i take business related courses during summer. I was thinking at a community college(more affordable) . When should i prepare & take the Gmat

admin answers:

Load up on the gmat……………..that and your GPA are prime for B school……………..

Michael asks…

What major in commerce should i take if i want to work in China in the future?

I’m chinese, migrated to Australia with my parents when i was 7, i’m 18 now and just finnished high school, speak fluent chinese but lack some writing skills. i plan on going to either Melbourne uni or Monash uni to study commerce degree and possibly work in china after i graduate and gained few yrs of work exp in Australia. however, im not sure wheather melb or monash would give me a better chance of gaining a work oppotunity in china. Melbourne uni offers ACCOUNTING,ACTUARIAL STUDIES,ECONOMICS,FINANCE,MARKETING and MANAGMENT as commerce majors, whereas Monash offers ASIAN DEVELOPMENT AND TRANSITION,ECONOMETRICS AND BUSINESS STATISTICS and INTERNATIONAL COMMERCE and some others. Monash majors seem to target more specifically to my purpose yet Melbourne uni is more well known internationally. if any one could gimme some suggestions as to which uni i should apply for and what types of jobs are lacking in China.

admin answers:

G’day,

Ummm… I dun agree with the first answerer. I’m sure Monash has accounting and other basic business subjects as well. Usually the first year of business courses is the common year, where you study all area of business, inc accounting, economics, statistics, law etc.

I am very sure ppl in China do not give much details abt which uni that you are graduated from, espeically if you have already got work experience in Australia, then move to work in China. I think they may look more into your uni results, rather than the name. Therefore in that regards, since you mentioned that you lack some Chinese writing skills, you might want to look at the uni that offer international business/commerce and also Chinese language. If I’m not mistaken RMIT actually has the course that you may be interested in with business and language. You might want to take double major, or maybe single business degree course with language as just part of the elective.

I believe the key is to study the course in the uni that offer the subjects that you want, not just b’cos of the “name” of the uni only. Most important is the knowledge that you gained from your study.

Hope this helps. Good luck on your study :)

Chris asks…

IFRS VS GAAP Accounting?

1. Candy Company owns only one building that cost $700,000. At December 31, 2008, the remaining useful life of the building is 30 years; the accumulated depreciation on the building is $200,000 so its carrying value is $500,000. Candy Company wishes to revalue the building on the December 31, 2008 balance sheet. The fair value is currently $900,000.
a) Prepare the necessary journal entry to carry the building at fair value. Assume Candy Company accounts for accumulated depreciation by eliminating the accumulated depreciation against the gross carrying amount of the asset and restating the net amount to the revalued amount of the asset.
b) What is the depreciation charge on the building in 2009? After this entry is recorded what are the amounts in the Building and the Accumulated Depreciation- Building accounts.
c) Assume the entry in (b) was posted. At December 31, 2009, Candy estimates that the fair value of the building is now $850,000. What is the amount of the adjustment for the change in fair value? Prepare the journal entry to record this adjustment.
2. New Drugs, Inc., an international corporation, has identified a list of expenditures it believes to be intangible assets.
i. Research on potential pharmaceutical formulas
ii. Development of new pharmaceutical formulas, after feasibility and business plans have been established
iii. Legal fees to patent the newly developed formula
iv. Customer list purchased from a competitor xz
v. Patent purchased from a competitor
vi. Legal fees to defend the purchased patent
vii. Goodwill included in the purchase of Old Drugs, Inc.
viii. Internally developed customer list

a) Which items would be recognized as assets under US GAAP? Which items would be capitalized under IFRS?
b) Which item would not be recognized as an asset under US GAAP or IFRS?
c) Which item would be capitalized under IFRS but not US GAAP?

3. During 2007, a company began researching and developing a new product for market. By June 30, 2008, the company had determined the new product was technologically feasible and developed a business plan includin5g identification of a ready market for the product, and a commitment of resources to ready the product for market. The company has tracked costs of the product as follows:
·Research and development, Jan-June 2008 € 130,000
·Research and development, July-Dec 2008 80,000
·Training costs 15,000
·Legal fees – patent 20,000
·Mass production 120,000
·Marketing launch 75,000
a)What amount will be included in intangible assets on the company’s December 31, 2008 financial statements prepared in accordance with IFRS?
b) What amount will be reported as intangible assets under US GAAP?

4. Waldrop Airline entered into an agreement to lease equipment from Wilson Company.
a) In each scenario below, identify whether Waldrop would classify the lease as an operating or finance lease under IAS 17.
b) Next, indicate whether the lease would be classified as operating or capital under FASB Statement No. 13.
i. At the end of the lease term, ownership of the equipment will be transferred to Waldrop Airline.
ii. The fair market value of the equipment is expected to be $100,000 at the end of the lease term. Waldrop has the option to buy the equipment at the conclusion of the lease for $20,000.
iii. The equipment has a useful life of 10 years and the term of the lease is 7 years.
iv. The present value of minimum lease payments is $22,300 and the fair value of the leased equipment is $25,000.

5. Vidalia Corp issued €20 million of convertible bonds at 101. The bond is a five-year issue with interest payable annually at a nominal interest rate of 4%. Each bond has a face value of €1,000 and is convertible at any time up to maturity in to 250 ordinary shares. At the date of issue, the prevailing rate for similar debt without convertible options is 6% and the fair value of Vidalia Corp stock is €3.
a) What is the price of similar €20 million non-convertible bonds
b) How will the issue of the convertible bonds be recorded for IFRS?
c) How will the issue of the convertible bonds be recorded for US GAAP?

admin answers:

Is this for your hw assignment or CPA exam?

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Your Questions About And Answers Aboutmarketing Consultancy

Joseph asks…

which are the top consultancies hiring for Fresh M.B.A. marketing+finance in delhi?

admin answers:

Try mafoi

Sandra asks…

Request for Sponsor for Education?

Dear People,
I sadasivuni Phani Priyank,who is studying in Engineering 2nd yr in A.I & Robotics in A.I.U.M.T University affiliated MERIT IIT college in OOTY (India) I got 78% in my First Year .and I need a sponsor to my educational requirements i.e books and material’s and Robotics Training kits fees.Please my parents are unable to pay all these things .If anyone sponsor’s me I ll serve them better .And I’m also good in business Skills as I’m working in part time in Business & Marketing Consultancy for money that is not supporting my Education .So, Whom ever sponsor me for my Education I’ll work under them . Please help me in providing Education at least single pie.
My address is
Sadasivuni Phani Priyank,
mob No:09600141860
email ID: phani.sadasivuni@gmail.com

admin answers:

Good luck

Susan asks…

What is the market size of the global small and mid sized businesses and the US segment?

if you can quote a consultancy or direct me to a url with a proof point (quotable) that will be very helpful

admin answers:

Simply research what share prices are the highest in the US – look on the FTSE and then calculate the Market Cap (Share Price * shares issued) – hope that helps:-)

Maria asks…

Give some guidance to get job in MBA finance?

I have done MBA specialized in finance & HR. My UG degree is engineering (ECE). I try to get job in finance but I get only marketing interview call. I registered all job website but no use. Someone guide me to get job in finance or give me best finance job consultancy in Chennai

admin answers:

Hi Giri,

You might like to try the current job openings in finance available at the link below. I definitely found them to be of use.

Http://myjobs.shine.com/Job-Search/finance/Search.aspx

A tip that helps in letting recruiters find your profile is to keep your profile and resume on job portals updated and to frequently make changes, even if minor. It reflects in recruiters’ searches among the most active candidates and hence increases your online visibility.

Hope this helped.Good luck with your job hunt!

Sandy asks…

What job title should I give myself?

I’m starting a home-based research & consultancy business. My background is in market research and I’ll be developing some research reports on a freelance basis.

I don’t want to give myself a grandiose title like CEO or Managing Director when it’s a one-man operation. Research Consultant perhaps, but that was my title when I was fresh college graduate. Any other ideas?

admin answers:

How ’bout Professional Research Consultant

John asks…

How would I invest directly in share market?

I would like to invest directly in share market without any Brokers ( LIC, ICICI , HDFC….) .I am new to this

What are the step by step procedure .How do I view the up’s and down’s of market and money .

Is there any institute ( Not consultancies ) to learn about investments , share market ….in Bangalore.Moreover , may I know what is the difference between mutual fund , equity fund and ULIP .

Could someone explain in simpler way without any terminologies .Assume , I am a child :)

admin answers:

Investing directly in share market means asking your broker to buy the shares for you in your account. So you will have to open a Demat account with one of the brokerage houses and transfer some funds into your account and then you have to buy some shares which you have sorted out depending on your study and feel. For studying ups and downs of the market and keeping a track of the price movements you need to buy end of the data from some vendor and then study technical analysis to make sense of the data you download everyday. This gives you some direction in either side and a sense which way the market will go.
Buy lots of books on technical analysis and learn the intricacies of this art.
Mutual fund is a fund set up by a company with some minimum amount and then it starts different schemes and collects money from people to invest in that scheme a fund manager manages the scheme and tries to maximise the return on the scheme. Thus investors with small amount can get the advantage of experts managing their money as well as there is diversification of the risk which otherwise would not have been possible with small amounts one invests.
Equity fund is scheme started by mutual fund to invest the collected amount in equities.
ULIP is an insurance scheme which invests a portion as specified of the collected amount in share market for increasing the returns.
I hope something is clear now and you can slowly improve your knowledge by regular study and practice.

David asks…

Service tax or Tin number for real estate consultancy?

We are a newly formed real estate consulting fiirm, our main services would be to provide consultation services to builders/contrators/individuals in the field of real estate

Our services:
a) Agency/Brokerage (Tie up with various builders across (Chennai/Trichy/Madurai/Coimbatore)
b) Business Consulting
c) Research
d) Valuation & advisory
e) Organzational modelling & design (Marketing process)
f) After Investent services
g) Sale & Purchase services (Website Promotion)

I am in process of creating a website. main revenue would be through advertisements from website.

do i need to get a service tax or Tin number as i would be selling advertisement space through website.

admin answers:

Yeah

Chris asks…

I want to become a technical analyst (share). How can I go for it? tell me any courses and placement consultan?

I want to become a technical analyst (share market). How can I go for it? tell me any courses and placement consultancy??

admin answers:

BSE runs a course in Mumbai.You can check the BSE website.

Donald asks…

i have completed my mechanical engineering and MBA in Production andMarketing?

i am an mechanical engineer and also completed my MBA in production and marketing. i need a job. please suggest me which is the best consultancy or openings going on.and also will they take freshers in uae how to apply for that. please help me

admin answers:

May I suggest if there are pharmaceuticals in your state apply to the company and understand many are driven by plant engineering and product production trials. Also I suggest you go after marketing food corporations with manufacturing lines too. You might try employment in firms like Deloitte and other firms of this type. You need to produce one maybe two resumes with language toward the needs of all the above. Good luck

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