Over 10,000 articles, updated daily
6 Must Have Online Personal Branding Strategies
Money Well Spent
Shrek Forever After Storyline
Wholesale Wedding Dresses & Prom Gowns
Wholesale Wedding Dresses: They Benefit Everyone
Alternative Promotional Products
Getting The Most From Promotional Products
Promotional Products For Any Size Of Business
Get The Most Out Of Wholesale Car Dvd
7 Steps To More Clients For Creative Professionals
Why Do 84% Of Creatives And Clients Feel That They're Not Getting The Best Out Of Their Creative Product?
Media Planning For Your Advertising Campaigns
Agoo Apparel Uses The World's Weirdest, Greenest Models
Crank Up The Glam With Wholesale Dresses
Agoo Apparel Use The World's Weirdest, Greenest Models

Digital Signage – Some Common Terms Explained

Posted By: admin on March 1, 2010 in Branding - Comments: No Comments »

MLM & Network Marketing Myths Debunked: We Expose 5 Common MLM & Network Marketing Myths

Posted By: admin on January 5, 2010 in MLM - Comments: Comments Off

“If it works, it works” as the ancient saying goes. That is, unless of course, it does’nt. Network Marketing & MLM opportunities look excellent on paper. We’ve all seen the presentations, wether via an online video presentation or at our kitchen table. We hear impressive terminology like “forced matrix”, “hybrid networking model” and “direct response networking” to get us salivating over potential for a quick net profit, and a long-term residual income. A distributor gets involved, spends time and money hoping to beat the staggering odds stacked against them. And, as with 99% of all network or multi-level marketer, the distributor fails. They lose money, motivation and inevitably drop out of the program.

This begs the question; “Why do people, knowing full well that statistically they will indeed fail, even get involved in the first place?” They bought into the myth, or illusion of MLM success.

Do we suggest that MLM and Network Marketing business models are a scam? Of course not. There are in fact legitimate opportunities out there that offer new and unique products or services to the market. After all, on paper, the math works out. But, in reality, the vast majority will fail within the first three months, regardless of the product or market appetite.

We will now summarize 5 of the most common myths attributed to MLM & Network Marketing in attempt to clarify the massive failure rate that networkers seem destined to endure.

Myth #1: MLM offers a better business opportunity than any other conventional model for amassing a large fortune.

Reality: 99% everyone who invests in MLM ends up losing money. That means that fewer than 1% of all MLM representatives ever earn a profit. With aproximately 13. 3 MLM and network marketing distributors in the US alone, only 130,000 ever make money. And those “gurus” earning a sustainable income at this business are an even smaller percentage still. The fact is that mathematics inevitably limit every MLM opportunity. The MLM Business model itself allows for only a small number of successful distributors. Continuous growth of an MLM company is in fact usually due to the constant number of new enrollees, most of which drop out by the third month. It takes an army of failures to make just one successful distributor.

Myth #2: MLM is simple. Recruiting Friends and relatives ensures you have Life-Time distributors & customers.

Reality: Capitalizing upon personal relationships like friends and family members to build your organization can hinder and even ruin social standing. Simply place, people don’t like being pressured by friends or relatives to buy products or join a business. Naturally, people tend to avoid them and identify them as a salesman, not a friend. This is jokingly referred to as the “NFL” or “No Friends Left” club in MLM & network marketing circles.

Myth #3: MLM & network marketing can be done successfully in your spare time. A few hours of time invested every week can earn a significant supplemental income and will grow exponentially, making further effort unnecessary.

Reality: Earning an income in MLM & network marketing requires extraordinary time commitment. “A few hours a week” inevitably leads to dominating people’s entire life. In MLM, because everyone with a heart beat is a prospect, every waking moment is a potential time for marketing and recruiting. Talent, dedication and salesmanship all require one key element to hone and enhance: time. This is one of the reasons why so many MLM ‘ers jump from program to program, hoping to catch the next wave. They have spent so much time on the phone and keeping up with changing company guidelines that it has really become their life.

Myth #4: MLM & network marketing are the best option for owning your own business and achieving financial independence.

Reality: Distributorship in MLM is not “owning a business”. Most MLM contracts have termination of the distributorship clauses in their Terms & Conditions Agreement. This makes it simple, and perfectly legal, to cancel your distributorship at will, commissions can be withheld and down lines can be taken away arbitrarily. MLM distributors are not “business owners”, but joiners in a rigid duplication system over which they have virtually no control and must adhere to.

Myth #5: Network marketing & MLM’s are the most effective after building a large down line, thus leading to long-term residual income.

Reality: Most assume that success with MLM depends on reselling the opportunity to sign up more distributors and building a massive organization. As a matter of fact, long term residual income lies in a loyal customer base, NOT from the organizations efforts. Translation: in the long term, money can be made from the customers using your product, not from that 99% failure rate we discussed earlier. Personal retailing is where the potential for long term income, not building huge down lines destined to collapse. So of course, the question arises, why even place any more money or effort into recruiting distributors, when the real money is on the retail side?

Is there an alternative? Is there a business model that can turn a 99% Failure Rate into a 99% Success Rate?

Why are some people making an absolute fortune online, while the vast majority are not? Learn How to turn a 99% Failure Rate into a 99% Success Rate! Ex-MLM Guru Richard Morris has done just that!
Click Here to Find Out



About the author: Ron P. Butterfield works full-time as a loss mitigation and forclosure prevention specialist from his home in Lodi, CA.

Four Common Tax Myths All Home Business Owners Should be Aware of

Posted By: admin on in Home Business - Comments: Comments Off

The home office deduction gets a terrible wrap. There are so many rumors out about the home office deduction that you may want to avoid the whole subject. But if you have a home office and aren’t deducting it, you could be missing out on some very valuable tax savings. Let’s take a look at the truth behind the myths about the home office deduction.

Myth Number 1 – The home office deduction is a red flag for an audit.

Twenty years ago, this might have been right, simply because it was unusual. Now, the home business seems to be nearly as well loved as home ownership! Millions of individuals operate some kind of business activity out of their homes. Others telecommute, and deduct their home office expense as an itemized deduction. The home office deduction is no longer an automatic flag for an audit.

The key to avoiding an audit is reasonableness. The IRS uses computer analysis on all tax returns. Any deduction that is excessive on your income and the benchmarks for your industry may be questioned.

Bottom line: Deducting a part of your home expenses as a cost to operate your home-based business is expected!

Myth Number 2 – If I take a home office deduction, I can deduct all the costs of my home.

You deduct a part of your home expenses as a home office expense based on the square footage of your home office space. If you have a 2000 square foot home, and a 200 square foot office, you could deduct 10% of your home expenses.

Unless you operate a day care center, your home office space must be exclusively used for business. Your kitchen will not qualify as home office space simply because you use the table to complete paperwork. If you use the space for personal and business, it does not qualify.

The simplest way to keep track of this is to designate a room or rooms for home office purposes. If you don’t have a complete room to use as office space, use furniture to separate the personal part from the business space.

Of course, there is an exception to this rule. If your business is wholesale or retail and you do not have any other fixed location, you can include any space you use for storage of inventory or product samples as part of your home office. This space does not need to be used exclusively, but must be used regularly, and be suitable for storage.

Bottom line: Calculate the square footage you use exclusively for business and the square footage of your storage space for inventory to determine your home office deduction.

Myth Number 3 – I can only take the home office deduction if I work at home exclusively.

Ancient rule! Congress expanded the home office deduction to allow business owners without any other fixed business location to take a home office deduction regardless of the number of hours they spend at home. If you provide services to customers or clients at their location, you can still qualify for the home office deduction. You simply must use your home office for administrative and management duties.

Bottom line: You can deduct your home office as long as you don’t pay for other office space to run your business.

Myth Number 4 – The home office deduction will make me lose my tax exclusion on the sale of my home.

The rules have changed here, too. If you use 10% of your home for business purposes, you no longer have to recognize 10% of the gain on the sale that could have been excluded if you meet the requirements for the sale of your principal residence.

What you do need to do, but, is include any depreciation deduction you took in prior years as a taxable capital gain. You still benefit, because your capital gain rate is most likely lower than your ordinary income tax rate. You are able to take the original depreciation deduction at ordinary income tax rates, and bring it back into income when you sell your home at the lower capital gain rate. Your depreciation deduction can also reduce your self-employment taxes.

Bottom line: You can still save taxes overall by taking the home office depreciation deduction each year.

Operating your business from home is a very smart go financially for the new or small business owner. You can save yourself thousands of dollars in rent by operating at home rather than renting business space.

But the cost of housing your business is an expense, and should be treated that way. You would not hesitate to deduct rent expense for your business. Treat your home business expense the same way. The tax money you save can be used to grow your business, or even to fund your family vacation! Talk to your tax preparer if you have more questions, and get ready to take that home office deduction on your next tax return!

Todd Jensen, “The Profit Engineer”, has helped hundreds of business owners make their business more successful and profitable. For tips and strategies on how to boost your business success as well as increase your profits, visit
http://www.theprofitengineer.com or
http://www.freebusinessstartupinfo.com

Most Common Banking Definitions That You Need to be Familiar With

Posted By: admin on in Banking - Comments: Comments Off

Banking definitions to know in a society that needs money to buy many of the necessities of life, banking is a very vital business. It primarily deals with finances and all the instruments related to credit so it is vital to know the vital banking definitions. Banks are the financial institutions that act as the instrument in transferring monetary values from a customer to a seller, merchant, or to another individual. We see a lot of banks and sometimes we may wonder what they have in common and how do they differ from each other. Banks have been differentiated according to their primary functions, the primary functions being acceptance of deposits and loans. The deposits are open to withdrawal and transfer via checks. What are the activities in the bank? * As a payment agent, the banks provide checking accounts that customers use to pay checks. There are also other means to pay like the telegraphic transfer, the automated teller machines or ATM, or the EFTPOS (Electronic Funds Transfer at Point of Sale). * Issuance of debt securities like banknotes, promissory notes, and bonds when banks borrow money from current account deposits. * Issuance of bank drafts and bank checks * Lending of money to customers through mortgages or loans * Provide letters of credit, guarantees, and performances bonds * Acceptance of documents and other items for safekeeping in safety deposit boxes * Payment services that cater to government, businesses, individuals who prefer to transact through the bank instead of non-bank remittance services. * Foreign currency exchange * Inter-bank clearing and settlement of payments regardless of geographical locations * Intermediation for credit Banking is a process that involves a bank and its customer. The bank has been defined previously. The bank’s customer is that individual who keeps an account in the bank and agrees to be covered with the laws that govern banking. The government regulates most commercial banks and they need a license to operate. In order to get a bank license there are requirements like minimum capital, minimum capital ratio, fit-and-proper qualifications for the owners, and board of directors, and the approved business plot. There are some financial entities that are exempted from licensing (some partly, some fully) like the credit unions. What are the types of banks? Since we’re talking about banking definitions, we might as well define the types of banks, there are many and certain banks specialize in specific areas. Retail Banks are banks that deal directly with the individuals or small businesses. There are different banks under this type: * Commercial bank Commercial banks have a variety of services aside from deposits and loans. The banks that fall under this category are the national banks, trust companies, stock savings banks, and industrial banks. Aside from the primary functions, they also handle investments and many facets of savings like time deposits. * Community bank and Community development banks These are financial institutions that are operated locally. They are regulated to provide services and credit within their local jurisdiction, therefore catering to underserved customers. * Savings bank

PART 2 – For part two of this article, head on to Banking Definitions or to learn about other online banks visit http://www.onlinebankingmart.com/ – A well loved banking website that provides you with inside information on all the major banks.

MLM & Network Marketing Myths Debunked: We Expose 5 Common MLM & Network Marketing Myths

Posted By: admin on January 4, 2010 in MLM - Comments: Comments Off

“If it works, it works” as the ancient saying goes. That is, unless of course, it does’nt. Network Marketing & MLM opportunities look excellent on paper. We’ve all seen the presentations, wether via an online video presentation or at our kitchen table. We hear impressive terminology like “forced matrix”, “hybrid networking model” and “direct response networking” to get us salivating over potential for a quick net profit, and a long-term residual income. A distributor gets involved, spends time and money hoping to beat the staggering odds stacked against them. And, as with 99% of all network or multi-level marketer, the distributor fails. They lose money, motivation and inevitably drop out of the program.

This begs the question; “Why do people, knowing full well that statistically they will indeed fail, even get involved in the first place?” They bought into the myth, or illusion of MLM success.

Do we suggest that MLM and Network Marketing business models are a scam? Of course not. There are in fact legitimate opportunities out there that offer new and unique products or services to the market. After all, on paper, the math works out. But, in reality, the vast majority will fail within the first three months, regardless of the product or market appetite.

We will now summarize 5 of the most common myths attributed to MLM & Network Marketing in attempt to clarify the massive failure rate that networkers seem destined to endure.

Myth #1: MLM offers a better business opportunity than any other conventional model for amassing a large fortune.

Reality: 99% everyone who invests in MLM ends up losing money. That means that fewer than 1% of all MLM representatives ever earn a profit. With aproximately 13. 3 MLM and network marketing distributors in the US alone, only 130,000 ever make money. And those “gurus” earning a sustainable income at this business are an even smaller percentage still. The fact is that mathematics inevitably limit every MLM opportunity. The MLM Business model itself allows for only a small number of successful distributors. Continuous growth of an MLM company is in fact usually due to the constant number of new enrollees, most of which drop out by the third month. It takes an army of failures to make just one successful distributor.

Myth #2: MLM is simple. Recruiting Friends and relatives ensures you have Life-Time distributors & customers.

Reality: Capitalizing upon personal relationships like friends and family members to build your organization can hinder and even ruin social standing. Simply place, people don’t like being pressured by friends or relatives to buy products or join a business. Naturally, people tend to avoid them and identify them as a salesman, not a friend. This is jokingly referred to as the “NFL” or “No Friends Left” club in MLM & network marketing circles.

Myth #3: MLM & network marketing can be done successfully in your spare time. A few hours of time invested every week can earn a significant supplemental income and will grow exponentially, making further effort unnecessary.

Reality: Earning an income in MLM & network marketing requires extraordinary time commitment. “A few hours a week” inevitably leads to dominating people’s entire life. In MLM, because everyone with a heart beat is a prospect, every waking moment is a potential time for marketing and recruiting. Talent, dedication and salesmanship all require one key element to hone and enhance: time. This is one of the reasons why so many MLM ‘ers jump from program to program, hoping to catch the next wave. They have spent so much time on the phone and keeping up with changing company guidelines that it has really become their life.

Myth #4: MLM & network marketing are the best option for owning your own business and achieving financial independence.

Reality: Distributorship in MLM is not “owning a business”. Most MLM contracts have termination of the distributorship clauses in their Terms & Conditions Agreement. This makes it simple, and perfectly legal, to cancel your distributorship at will, commissions can be withheld and down lines can be taken away arbitrarily. MLM distributors are not “business owners”, but joiners in a rigid duplication system over which they have virtually no control and must adhere to.

Myth #5: Network marketing & MLM’s are the most effective after building a large down line, thus leading to long-term residual income.

Reality: Most assume that success with MLM depends on reselling the opportunity to sign up more distributors and building a massive organization. As a matter of fact, long term residual income lies in a loyal customer base, NOT from the organizations efforts. Translation: in the long term, money can be made from the customers using your product, not from that 99% failure rate we discussed earlier. Personal retailing is where the potential for long term income, not building huge down lines destined to collapse. So of course, the question arises, why even place any more money or effort into recruiting distributors, when the real money is on the retail side?

Is there an alternative? Is there a business model that can turn a 99% Failure Rate into a 99% Success Rate?

Why are some people making an absolute fortune online, while the vast majority are not? Learn How to turn a 99% Failure Rate into a 99% Success Rate! Ex-MLM Guru Richard Morris has done just that!
Click Here to Find Out



About the author: Ron P. Butterfield works full-time as a loss mitigation and forclosure prevention specialist from his home in Lodi, CA.

Glossary of common terms used during the mortgage process.

Posted By: admin on January 3, 2010 in Mortgage - Comments: Comments Off

APR – This stands for Annual Percentage Rate. It enables you to compare the full cost of the mortgage. Rather than just being an interest rate, it includes up front and ongoing costs of taking out a mortgage. The formula for calculating APR is set by Government Regulations and therefore enables direct comparison of the cost of mortgages. Capital and Interest Mortgage – This is when part of your monthly payment contributes to paying off the outstanding mortgage in addition to paying the interest on the mortgage. The payments are structured so that at the end of the term, your mortgage will have been completely paid off. For this reason this type of mortgage is also called a Repayment Mortgage. Capped Rate – This is a mortgage where the lender agrees that the interest charged will never exceed a specific percentage. This deal lasts for a set period of years. After the set period, the rate usually reverts to the lenders standard variable rate. During the capped period, the interest charges can go up and down with the lenders interest rate – but cannot exceed the capped rate. Cashback – An amount, either fixed or a percentage of a mortgage, which you can opt to receive when you complete your mortgage. The lender may well claw back this money through a higher interest rate. CAT marks/standards – CAT stands for Honest Charges, Simple Access and decent Terms. They were made by the Government in an attempt to provide consumers with simple, clear financial products with straightforward, simple to know terms. A CAT mortgage will have no arrangement fees, no redemption fees and will have interest calculated daily. It will also have a minimum loan of just £5000, offer you repayment flexibility and the mortgage should be portable should you go home. Finally, you will not have to buy the lender’s insurance products and there will be no penalties should you find yourself in arrears but can subsequently catch up. Completion – This is end of the house buying process, when the funds are transferred and the keys are handed over. Pleased moving!Contract – A contract is a binding agreement between the buyer and seller. In the context of house buying, after the contract is signed by both the buyer and the seller it is then ‘exchanged’ between the respective solicitors for a set completion date. At that point, the contract is legally binding on both parties. Conveyancing – This is the legal process in which property is bought and sold. You can do it yourself or hire a solicitor or specialised conveyancer to perform the tasks for you. The buying of a freehold is much less complicated than the buying of a leasehold. Discounted Rate – This is where the lender makes a guaranteed reduction off the standard variable rate for an agreed period of time. After the discounted period ends, the mortgage usually moves to the lenders’ standard variable rate. Watch out for redemption penalties that overhang the initial discount period. Early Redemption Charges – Redemption is when the borrower pays off the capital and the interest on the mortgage and thus owns the property outright. Early redemption fees are the charges incurred for paying off the mortgage early, either to buy the house outright, go or re-mortgage. Always question about early redemption charges before you agree a mortgage. Endowment – Endowments are life assurance policies with an investment element designed to pay off the outstanding capital on an interest-only mortgage. There are a few types of endowments, such as ‘with profits’, ‘unitised with profits’ and ‘unit-linked’. In the 1980s, these were sold by salesman who seemly suggested that these policies were “guaranteed” to pay off the mortgage at the end of the term. But, the investment returns on these policies have fallen to below what was previously considered to be the norm. Consequently, many policies are not worth what was originally forecast and may not fully repay the money borrowed at the end of the mortgages’ term. Equity – In housing terminology, equity is the difference between the value of the property and the money owed on the property. So if the property is valued at £200,000 and you owe £150,000 on the mortgage, you have equity of £50,000. If you sold at that moment, you would receive £50,000. Should the value of the home be less than the mortgage outstanding then you have negative equity. Freehold – Owning the freehold means that you own the total rights to the property and the land on which it is built. HLC – This is the Higher Lending Charge (it was previously known as a Mortgage Indemnity Guarantee). It is levied by around three quarters of all lenders on clients who cannot afford to place down a deposit of 10% of the price of the property. In practice it is a type of insurance aimed at protecting the lender should you default on your mortgage when the value of your home is less than the capital you borrowed. The insurance only provides cover for the lender, not you, and typically costs £1,500. Homebuyers Report – A property survey aimed at providing more information than a mortgage valuation but less information than a full structural survey. It will help the borrower to choose whether to buy and help the lender to choose how much to lend. Interest Only Mortgage – This is a mortgage where your monthly repayments only pay the interest on the mortgage. Therefore, at the end of the mortgage you still have to repay the full sum you borrowed. You are advised to have a separate investment vehicle into which you make payments aimed at building up a fund capable of paying off the mortgage capital at the end of the term. Typical investments include ISA’s, a pension or an endowment policy. IFAs – Stands for Independent Financial Advisor. These advisors are regulated by the Financial Services Authority. To be classified as “independent” they have to be able to offer you the full range of products from all financial product providers. They are not entitled to describe themselves as “independent” if they can only offer products from a restricted panel of financial companies. A Financial Advisor can be one man band or work for very large companies. Before they make any recommendation, an IFA must carry out a detailed fact find so they fully know your financial circumstances. They can then make their recommendations to suit your personal circumstances. ISA – An ISA is an Individual Savings Account, which is a tax-free method of owning shares, building up a cash savings account or a life assurance policy. You can use an ISA to build up a capital sum to repay an interest only mortgage. Leasehold – If your property is leasehold, ownership of the property reverts to the Freeholder at a set date. Many houses were originally sold on 999 year leases which means that 999 years after the initial date of the Leasehold, ownership of the property reverts to the Freeholder. Building in multiple occupation such as apartments, are always sold on a leasehold and usually have a much shorter leasehold period – 100 and 125 years is quite common. Often, with a block of apartments, the apartment owners individually own the leaseholds whilst a management company, in which they hold shares, owns the freehold. These days, but, leaseholders who live in the property have the legal right to buy their freehold under terms laid down by UK law. Life Insurance – This can also be called Term Insurance or, when specifically linked to proprty buy, as Mortgage Protection Insurance. It is designed to pay a tax free lump sum in the event of your death to enable your mortgage to be repaid in full. There are a number of variants such as Level Term Life Insurance and Decreasing Term Life Insurance. At the outset you take out insurance for the full sum you have borrowed from your mortgage lender and for the same number of years as you have agreed on your mortgage. These insurance policies do not have any investment or surrender value. The premiums are based on a number of factors – the main ones being the amount of cover you need, your age, health and how many years you want to be insured for. Lock-In Period – This is the minimum period you have agreed to stay with the lender. Depending on the deal, it could be as low as six months up to the whole of the term. Should you wish to repay the mortgage or remortgage during the lock-in period, you will invariably have to pay redemption penalties. Always make sure you know how long you are locked in for with your mortgage. LTV – Literally means Loan to Value. This is a measurement of the mortgage amount against the value of the property or the price that you are really paying. A £157,500 mortgage on a property for which you paid £175,000 would be a LTV of 90%. Lenders tend to charge a Mortgage Indemnity Premium on mortgages with a loan to value of anything about 75%. Some don’t so question about this. MIG – This has now changed its name to HLC. See above. Mortgage – A mortgage is a long-term loan taken out in order to buy a property with repayment secured on that property. So if you don’t keep to the repayment terms, the lender can repossess the property, sell it and retain the money they are owed. Any balance is then paid to you. If the property is sold for less than you owe your lender, you still remain liable to repay the shortfall. Mortgage Advisor – On October 31st 2004 the selling of mortgages in the UK came under the remit of the City watchdog, The Financial Services Authority (FSA). As from that date any person providing mortgage advice had to be registered with the FSA and abide by its rules of conduct, methods of operating and training programmes etc. The objective has been to improve life for the consumer by offering better protection, clear information and access to redress for poor advice. Negative Equity – Negative equity is when the value of your home is less than the amount that you owe on your mortgage plus any other loans secured against it. It can happen very easily if you take out a 100% mortgage or if property prices fall. (Also see Higher Lending Charge)Portable – This is a measure of how simple it is to go a mortgage from one property to another should a property go be required. This is vital if you are moving during your lock-in-period and wish to avoid redemption penalties. Repayment Mortgage – This is the same as a Capital and Interest mortgage – see above. Searches – During the conveyancing process, the buyer has to be sure that the seller has title to the property and identify any matters may affect the prospective owners ownership of the property. For example, whether the property is affected by any proposed road building, whether there are preservation orders affecting the property, is it a listed building and has it been built in accordance with plotting conditions and building regulations. Searches will also show whether there are mines under or close by the property. This information is obtained by the person undertaking the conveyancing from HM Land Registry and the relevant Local Authority. These investigations are collectively known as “Searches”. Self-Certification – Should you have difficulty in providing documentation that “proves” your income to a prospective mortgage lender, you may need a self-certification mortgage. In essence you personally certify what your full income is. If you receive high bonuses, or work seasonally or on commission, or are self-employed this may be your best option. You declare your income plus some evidence that your declaration is reasonable. Ideally lenders want to see as much guaranteed income as possible. To compensate the lender for the increased risk they are taking on a self-certified mortgage, they will charge you a higher rate interest, typically 1% over their standard variable rate. Stamp Duty Land Tax (commonly known simply as Stamp Duty) – You pay Stamp Duty Land Tax on property like houses, flats, other buildings and land. If the buy price is £120,000 or less, you don’t pay any Stamp Duty Land Tax. If the price is more than £120,000, you pay between one and four per cent of the whole buy price, on a sliding scale. Upto £120,000 – No duty payable £120,001 to £250,000 – 1% duty payable*£250,001 to £500,000 – 3% duty payable£500,001 and over – 4% duty payable *If you’re buying a property an area designated by the government as ‘disadvantaged’, you don’t pay any Stamp Duty Land Tax if the buy price is £150,000 or less. Did you know? Stamp Duty was originally introduced by William of Orange when he was King of England. Structural Survey – The most thorough report you can get on the condition of the property you are considering to buy. The surveyor will look in detail at the inside and outside of the property and will tell you if the property is structurally sound. All major and minor defects in the building will also be listed and should tell you what maintenance work may be needed either now or in the future. You should make sure the scope of the survey is agreed in writing before you commission it. Should the survey identify problems, use them to negotiate a reduction in the price before you exchange contracts. Variable Rate – This is when the interest rate you pay on your mortgage can go up or down depending on changes to the lender’s standard variable rate. If you have a variable rate mortgage your monthly mortgage payments will change whenever the lender changes the interest rate. Valuation – This is where a valuer appointed by your proposed lender, visits the property in order to estimate its current value. This value is then used by the lender as a basis for its security and to calculate its Loan to Value Ratio. The borrower never sees the valuation. With some mortgage deals the lender absorbs the cost of the valuation but in many cases the borrower has to pay upfront.

Michael Challiner has 15 years experience in financial services marketing at senior level. Michael now works as the editor of Kings Remortgage Brokers

Futher reading Mortgages Home Page
Futher reading Mortgage Topics

Team Building – A Common Goal

Posted By: admin on January 2, 2010 in Online Business - Comments: Comments Off

We’ve all heard the saying, “There’s no ‘I’ in Team. ” Team building has been a goal of the workplace for many years because of the numerous benefits it brings. Team building is a fantastic way to have fun and energize coworkers, build and strengthen coworker and employer relationships, and improve productivity in the workforce.
With all these fantastic benefits, it’s simple to see why developing collaboration in the office is usually one of the top five business priorities of an employer!
Being part of a fantastic team sounds like fun – but what really makes a team productive and worthwhile? Excellent teams share some common traits:
-Members depend on each other
-Each member believes that his or her opinion is vital
-Every person has a role
-A safe environment exists that allows members to feel comfortable sharing thoughts
-Members can go past setbacks and overcome challenges together
-An ability to effectively cooperate with each other to problem solve
Fortunately, establishing fantastic teamwork in the workplace is not an impossible task. There are many activities and games that specialize in building cooperation and mutual dependence, such as icebreakers and scavenger hunts. In fact, many businesses provide these team building services to other businesses.
If you believe that your workplace could use a small group TLC, consider discussing further with your supervisor or even colleagues. Conduct some research on team building activities and locate service providers. Identify the personality of your workplace and choose which activity would best suit its needs.
While you’re seeking ways to team build as a group, also reckon of actions that you as an individual can take to promote collaboration.
For example, offer help with a task that a coworker appears to be struggling with, or at the next group meeting, question for the opinion of a colleague who is normally silent. Make an effort to practice open and honest communication with your coworkers. There are many opportunities available to demonstrate your commitment to working as a team.
Team building offers many benefits in the workplace that empower employees to make a work environment to which people want to belong; but, don’t let all the hard work overshadow the most vital thing – team work is also about having fun!

Written by Cathy Warschaw, Director of the Warschaw Learning Institute. Offering cds, eBooks and online training for the dental and medical field. Register for our newsletter at http://www.WarschawLearningInstitute.com

MLM & Network Marketing Myths Debunked: We Expose 5 Common MLM & Network Marketing Myths

Posted By: admin on in MLM - Comments: Comments Off

“If it works, it works” as the ancient saying goes. That is, unless of course, it does’nt. Network Marketing & MLM opportunities look excellent on paper. We’ve all seen the presentations, wether via an online video presentation or at our kitchen table. We hear impressive terminology like “forced matrix”, “hybrid networking model” and “direct response networking” to get us salivating over potential for a quick net profit, and a long-term residual income. A distributor gets involved, spends time and money hoping to beat the staggering odds stacked against them. And, as with 99% of all network or multi-level marketer, the distributor fails. They lose money, motivation and inevitably drop out of the program.

This begs the question; “Why do people, knowing full well that statistically they will indeed fail, even get involved in the first place?” They bought into the myth, or illusion of MLM success.

Do we suggest that MLM and Network Marketing business models are a scam? Of course not. There are in fact legitimate opportunities out there that offer new and unique products or services to the market. After all, on paper, the math works out. But, in reality, the vast majority will fail within the first three months, regardless of the product or market appetite.

We will now summarize 5 of the most common myths attributed to MLM & Network Marketing in attempt to clarify the massive failure rate that networkers seem destined to endure.

Myth #1: MLM offers a better business opportunity than any other conventional model for amassing a large fortune.

Reality: 99% everyone who invests in MLM ends up losing money. That means that fewer than 1% of all MLM representatives ever earn a profit. With aproximately 13. 3 MLM and network marketing distributors in the US alone, only 130,000 ever make money. And those “gurus” earning a sustainable income at this business are an even smaller percentage still. The fact is that mathematics inevitably limit every MLM opportunity. The MLM Business model itself allows for only a small number of successful distributors. Continuous growth of an MLM company is in fact usually due to the constant number of new enrollees, most of which drop out by the third month. It takes an army of failures to make just one successful distributor.

Myth #2: MLM is simple. Recruiting Friends and relatives ensures you have Life-Time distributors & customers.

Reality: Capitalizing upon personal relationships like friends and family members to build your organization can hinder and even ruin social standing. Simply place, people don’t like being pressured by friends or relatives to buy products or join a business. Naturally, people tend to avoid them and identify them as a salesman, not a friend. This is jokingly referred to as the “NFL” or “No Friends Left” club in MLM & network marketing circles.

Myth #3: MLM & network marketing can be done successfully in your spare time. A few hours of time invested every week can earn a significant supplemental income and will grow exponentially, making further effort unnecessary.

Reality: Earning an income in MLM & network marketing requires extraordinary time commitment. “A few hours a week” inevitably leads to dominating people’s entire life. In MLM, because everyone with a heart beat is a prospect, every waking moment is a potential time for marketing and recruiting. Talent, dedication and salesmanship all require one key element to hone and enhance: time. This is one of the reasons why so many MLM ‘ers jump from program to program, hoping to catch the next wave. They have spent so much time on the phone and keeping up with changing company guidelines that it has really become their life.

Myth #4: MLM & network marketing are the best option for owning your own business and achieving financial independence.

Reality: Distributorship in MLM is not “owning a business”. Most MLM contracts have termination of the distributorship clauses in their Terms & Conditions Agreement. This makes it simple, and perfectly legal, to cancel your distributorship at will, commissions can be withheld and down lines can be taken away arbitrarily. MLM distributors are not “business owners”, but joiners in a rigid duplication system over which they have virtually no control and must adhere to.

Myth #5: Network marketing & MLM’s are the most effective after building a large down line, thus leading to long-term residual income.

Reality: Most assume that success with MLM depends on reselling the opportunity to sign up more distributors and building a massive organization. As a matter of fact, long term residual income lies in a loyal customer base, NOT from the organizations efforts. Translation: in the long term, money can be made from the customers using your product, not from that 99% failure rate we discussed earlier. Personal retailing is where the potential for long term income, not building huge down lines destined to collapse. So of course, the question arises, why even place any more money or effort into recruiting distributors, when the real money is on the retail side?

Is there an alternative? Is there a business model that can turn a 99% Failure Rate into a 99% Success Rate?

Why are some people making an absolute fortune online, while the vast majority are not? Learn How to turn a 99% Failure Rate into a 99% Success Rate! Ex-MLM Guru Richard Morris has done just that!
Click Here to Find Out



About the author: Ron P. Butterfield works full-time as a loss mitigation and forclosure prevention specialist from his home in Lodi, CA.

Adwords, Adsense, SEO – Common Denominator, Keywords

Posted By: admin on in Online Promotion - Comments: Comments Off

If you have just place up a website, you probably all ready have heard words like: keywords, Google Adwords, Google Adsense, and SEO. Adwords, Adsense, SEO have one thing in common – Keywords. How vital are keywords? Very Vital.

Google Adwords

Adwords, be it through Google, Miva, or any pay-per-click search engines, you need keywords. With Adwords, you make a three-line ad – 25 word title, with two 35 word lines of ad copy – then you make your keywords. To get the hits, you have to brainstorm for different keywords that are different but relevant to your target audience. Sound simple? It’s not. It takes time, patience, constant tweaking, and hoping that the product you are selling is not already saturated — to much competition, makes it a small more hard for the novice to make a profit.

Google Adsense

Google Adsense is an advertising program made by Google, and which is beginning to be explored by other search engines, such as Yahoo and MSN – that allows you to place targeted ads on your website. If someone clicks on the ad, you earn a small amount of money. These ads are keyword driven and are relevant to your webpage or website.

Sounds simple? Well, not really. There is more to it than just putting an ad on your website and expecting someone to click on it. What’s involved? Let’s see – color, position, style, to name just a few.

SEO

Search engine optimization – this for me has been a time-consuming process – since I am still learning. SEO is keyword driven – the search engines pull the keywords from your web copy – not, to my surprise, from the meta keywords tag. Granted, I still use the meta keywords tag, but maybe in the near future, I will slowly eliminate the tag from my WebPages…

The search engines do, but, pull information from Meta Description, Meta Title, and the content of your WebPages. Thus, content does reign supreme.

Since content reigns supreme, each page should contain useful content and most importantly, you’re most relevant keywords that you want to emphasize. Secondly, it is best to try and base your keywords around a central theme. I have found that when the keywords diverts away from the main theme – that sends a red flag to search engines. So, if you want to look at your keywords and the density of the keywords on your webpage or WebPages – You can get a quick rundown at: http://www. ranks. nl/tools/spider. html . It’s a free tool, and very helpful.

To conclude, keywords is one of the main ingredients that leads people to your website, product, service and/or ad. …AND, keywords based around your quality content will help with your positioning on your website.

For More Free Resources visit www.greateducationonline.com

Common Work at Home Business Mistakes How to Avoid It?

Posted By: admin on January 1, 2010 in Home Business - Comments: 6 Comments »

A home based business is a fantastic way a person can make an extra income on the side or just get out of the normal grind on the average 9 to 5 job. Millions of people in this country already have an at home at one level or another and are generating billions into the economy. It is no wonder why thousands more a day are getting into the home based business game using informative sites such as happilyhomebased. comHowever not everyone is success full at home based business than others. Sites like happily home based makes getting stated simple, but it still up to each individual owner to ensure their own success. Studies have found a few key mistakes that first time home based business owners make. A few of them are the following:Never get into a home based business on a mere compulsionDo your research. Make excellent use of at home business finders like Happily Home BasedChoose a starter business that you can easily know. If you have small or business experience choose a home business that is cheap to start and simple control to start with. Happily Home Based has a wide selection of Home Based Business Opportunities at many different levels of budget and commitment. If you feel hesitant to take on a home business all by yourself find a partner, a friend, family member, colleague, whatever, to help spread the risk and responsibility out. Don’t bite off more than you can chew, sums it up. Don’t give up so soon. Making home based business from scratch takes time, and you may not get a return on your investment in a matter of weeks. You have to build up reputation and the cliental and money will eventually come in. There’s nothing incorrect with buying an existing business or franchise that can be based at home, in fact, there may be less risk involved if it already has a track record of being successful. But, it can be hard to track down those for sale that can be done from home, if that’s where your heart is, that’s why websites like Home Based Business for Sale are useful. This is one of the most well loved directory sites of its type, featuring home franchise and other home business listings; while providing advice, resources and tools for fledging entrepreneurs. And finally… Yes unfortunately some business will fail. Always remember that a home based business is a business NOT a leisure activity, and if you treat it so you will lose money. But, if you do it properly, research your business at sites like happilyhomebased. com, and you will join the millions of American cashing in on at home businesses.

Grab the largest resource of Home Business Opportunity and change your lifestyle with our Home Based Business Opportunities.

Team Building – Working Together For A Common Goal

Posted By: admin on December 30, 2009 in Online Business - Comments: Comments Off

Team building is what you make of it. You can work well with your co-workers or not. As you build a team in the work place, you will notice how this well oiled machine works.
I remember early in my career when my best friend and I were dishwashers in a country club and we worked so well together that we saved hours worth of payroll. Yes, it was income that we lost, but due to our speed we were paid an hourly wage that was higher than most employees there! We were able to end the night with time left to have fun before curfew.
If you are looking for a way to develop team team work skills, there are a couple of thoughts that have been proven successful time and time again.
It is up to you to choose what kind of team work project you need to incorporate, and how much time, effort, and money you are willing to place into the project. Building team work capacity is one sure fire way to get better production for your employees.
In the past few years, team building has taken off to become one of the largest trends in the business sector–and there are plenty of people who are willing to write about it, including business psychologists and professional consultants. One fantastic book to check out if you are interested in team building is Quick Team Building Activities for Busy Managers: 50 Exercises that get Results in Just 15 Minutes by Brian Cole Miller.
This book offers team building activities to busy managers that do not have time to waste an entire day shaping his or her team. As the title says, this book offers 50 unique exercises that only take 15 minutes to complete. This is a fantastic book if you just want to incorporate one exercise a day.
You may also want to check out Team Building Activities for Every Group by Alanna Jones. This book will help you to find the team work activity that is appropriate for your company.
There are activities that will suit the needs of every type of group. Overall, team work is an essential topic for any company that is looking to expand. By purchasing one of these books you will be taking a step in the right direction. Check out your local bookstore today.
If you would rather teach your employees yourself you may want to pick up a book to read before starting. A fantastic book to start with is The Huge Book of Team Building Games: Trust-Building Activities, Team Spirit Exercises, and Other Fun Things to Do by John Newstrom. This book is among one of the best sellers for people who are looking for an effective corporate team building exercise.

Keith Londrie II is the Webmaster of http://www.my-team-building.info/ A website that specializes in providing information on Team building that you can research on the internet. Please Visit http://www.my-team-building.info/ now!

Creativity and Common Sense in Non-consumer Advertising

Posted By: admin on in Advertising - Comments: Comments Off

by Philip Yaffe “I know that half the money I spend on advertising is wasted. The problem is, I don’t know which half. ” This succinct resume of the advertiser’s dilemma is often attributed to John Wanamaker, the department store pioneer. Some people prefer to give the credit to Henry Ford, the automobile pioneer, or other favorite business giants. Whoever said it first, it is certain that it has been said thousand and thousand of times since. The significance of the observation is nothing small of astounding. These are people whose business is investing and harvesting financial assets, yet when it comes to advertising, they freely admit to wasting at least half of their money! But the observation can be turned on its head. Viewed from this perspective, it means that these same extremely clever and resourceful marketers believe that the power of advertising is so fantastic, even at only 50% effectiveness they still get their money’s worth. This is equally astounding! The value of advertising can most easily be seen with mass marketed products. For example, a breakfast cereal launches a major advertising campaign; within a few days to weeks the sales figures will reflect the impact of the campaign. With technical and industrial products, the picture is not quite so clear. Few people buy a car or a piece of industrial equipment on impulse. They build up to it over a long period of time, so that the cause-and-effect relationship between advertising and sales is virtually impossible to evaluate. Nevertheless, advertising is indispensable. So the question is, can you construct advertising campaigns that will assure the best return on investment (ROI), even when that return cannot be directly measured? The answer is both yes and no. It is “no” if you believe that advertising by nature is more of an art than a science. It is “yes” if you believe that advertising is a combination of both art and science. It is certainly right that advertising has a major “art” component, i. e. that people who have a “feel” for it are likely to produce better, more effective advertising than people who don’t. Unfortunately, this verity has led to the fake conclusion that advertising is predominantly art, i. e. a matter of taste. When advertising is viewed as largely a question of personal preference, the rational component of the exercise takes second importance. Worse, it often degenerates into a kind of pseudoscience of rules and regulations with no scientific justification: — Be positive: no one likes negative advertising — Avoid simple, straightforward headlines; headlines should “tease” readers into the advert — Use huge, bold visuals; people are impressed by pictures — Show the solution, not the problem: this is reassuring to potential buyers — Never write more than 15 – 20 words of body copy; no one reads body copy anyhow — Make payoff lines (slogans) clever and memorable, not explicit and to the point The summation seems to be: Advertising is entertainment. If you can attract attention and give a show, then you will sell. One writer on the subject bluntly stated: “Advertising consists of first hitting people in the face with a pie, then delivering your message. ” It is of course right that you must attract attention before you can deliver your message. But just how seriously is anyone like to take your message while he is wiping whipped cream off his face? Advertising may have elements of show business. But if it is only show business, it will fail. On the other hand, if we are more detached in our analysis — i. e. if we place the art of advertising and the science of advertising into better balance — we many learn some valuable lesions. And gain some valuable commercial leverage. I have done considerably work in pharmaceutical marketing. Doctors are perhaps the most hard targets in the world, because what you “sell” them is thoughts and information, which later on they may or may not turn into prescriptions for their patients. Thus, while the following examples relate specifically to doctors and medicines, the underlying principles are universally valid. Throughout this article, wherever you see the word “doctor”, mentally substitute the name of your potential technical and/or industrial customer and see how well these thoughts fit. Facing the Facts David Ogilvy, one of the most highly regarded gurus of consumer advertising, asserts: “Very few advertisements contain enough factual information to sell the product. There is a ludicrous tradition among copywriters that consumers aren’t interested in facts. Northing could be farther from the truth. ” If this contention is valid for housewives, how much more valid must it be for doctors! Medicine is a serious business. When a doctor reads a medical journal, he is looking for medical information. Otherwise, he would be reading something else. It therefore follows: Advertising in medical journals that gives real medical information is likely to attract more attention and achieve better results than advertising which doesn’t. If this seems self-evident, medical journals bear witness to the opposite. The majority of adverts tend to fall into two categories: 1. Lots of words, but small real information (lack of a focused message). 2. A clever headline, a pleasing picture—and no information at all. The excuse for the first kind of advert is often: “It is a new product; we need to make a personality for it. ” It is hard to imagine how an empty personality, based solely on errant prose, will result in positive promotion. The excuse for the second category of adverts often is: “It is a well known product; this is simply a reminder advert. ” Certainly it makes sense to remind the doctor that a medicine exists. But it makes even more sense to remind him of why he is using it, if he is already using it. Or why he should be using it, if he isn’t. The 80/20 Rule The objection will now be raised: Doesn’t this “art + science” concept of advertising necessitate long body copy? Does it make sense to write long body copy when no one reads it anyhow? Let’s examine this contention in reverse order. For every 100 doctors who read the headline and look at the visual of an advert, let’s say only 20 will really read the body. Does this represent an 80% wastage? Emphatically no. The 80/20 rule is a fundamental tenet of technical and industrial marketing, i. e. in general 80% of sales come from 20% of customers. The same principle applies to advertising. Readers who just look at the headline and visual, then turn the page, at that moment are not the real customers for the product. Those who remain to read the body copy are the real customers for the product. This is the ideal moment to tell them bout it, because this is when they want to know about it. Otherwise, they too are likely to turn the page and an brilliant selling opportunity will be lost. Body is vital, in fact vital, because it is your only real chance to make the sale. But how long should that body copy be? This is like asking how long is a piece of string. You don’t answer this question by counting the number of words. Rather, you consider the value of the words. The best guide is: If the body copy contains one word more than needed to deliver the message, it is probably too long; if it contains one word less than need to deliver the message, it is certainly too small, regardless of how many words are used! Of course, it makes no sense to simply print the prescribing information. As Bill Bernbach, a legendary practitioner of consumer advertising, has written: “Be certain that your advertisement says something to the consumer; that it informs and renders a service. Then be certain that it says what it has to say in a way no one has ever said it before. ” Notice the balance in this advice. First: “Be certain that your advertisement says something to the consumer. ” This is advertising as a science. Determining what you want to say about your product and what you ought to say about it are two different things. This is why most excellent advertising starts with market research. And never lets anything go to press before it has been thoroughly tested. Second: “Be certain that your advertisement says what it has to say in a way that no one has ever said it before. ” This is advertising as an art. How the advert expresses its message, both visually and verbally, can vary dramatically depending on who is saying it. The total impact the advert will achieve intimately depends on the talents of the art director and the copywriter, the so-called “makes” of the business. The Use and Abuse of Creativity Introducing the copywriter and art director into the discussion raises the vexing question of creativity in advertising. “Creativity” is probably one of the most abused and misused words in English or any other language. As we have seen, some people reckon it means hitting people in the face with a pie. We have also seen the dangers of this approach. Surprising and shocking people in order to gain their attention can: — Undermine the credibility of the serious message you are trying to deliver. — Lead to rapid advertising “wear-out”. You can surprise and shock people only once; after that, you are likely to have no effect. Worse, you may have a negative effect! Stripped of mythology, saying what you have to say in a way that it has never before been said simply means: Putting forward the essentials of the message in such a way that they cannot be ignored — on the first exposure and on subsequent exposures. So much emphasis is placed on attracting attention and conveying a message on the first exposure (“pie in the face”), very small thought seems to be given to what will happen, if anything, on the second, third and subsequent exposures. This is the concept of “wear-out”; after how many exposures does the advert stop having any useful impact? The concept of wear-out is closely allied to the thought of repetition. Unlike supermarket adverts, adverts for prescription pharmaceuticals seldom appear only once (“Buy now before supplies run out; Special discount prices, stock up now”). Instead, they usually run for at least several months, and often a year or longer. Right, few doctors read the same advert more than once, but they cannot help seeing it more than once. They will certainly see it much more often than they will see the pharmaceutical representative who visits them. Advertising is the most frequent and most consistent point of contact between the doctor and the company. A truly efficient advert should have impact each and every time it is seen — whether it is read each time or not. This is why the fundamental structure is so vital. And why it is well worth spending the time and energy to get it right, i. e. concept development not only for journal adverts, but also for brochures, mailings, oral presentations, symposia, etc. How do you make advertising with such power and longevity? In general, any advert that communicates the product name and main sell proposition in a flash should continue to work as long as the underlying strategy remains the same. The assumption is, each exposure — even if it is only as long as it takes to turn the page — reinforces previous impressions of the message in the journals, mailings, etc. Adverts that rely on “teaser” headlines or other indirect approaches are more problematical. It is far more likely that the doctor will perceive this kind of advertising as promotion rather than information, and will turn the page with no reinforcement of the selling message. Courage and Conviction A truly effective long-life advert may not always appear smashingly striking at first sight; but, if it is well constructed it will grow and gain strength over time. By contrast, an advert that is extremely striking at first sight — this being its major attribute — may in fact lose power over time. Sometimes overnight. Developing advertisements that sell on first and subsequent exposures admits of no hard and quick rules. Some times it may mean an extremely factual advert that looks nearly like editorial copy; other time it may be an advert with a highly emotional content. It all depends on the nature of the product; the nature of the market, and what thoughts, right or fake, are already in the doctor’s mind. There is more to excellent technical and industrial advertising than meets the eye. Indeed, a superficial analysis is likely to be very misleading, with very expensive consequences. To properly evaluate an advertising campaign, it is necessary to know the underlying strategy and the objectives that strategy is designed to achieve. By way of example, here are the descriptions of three advertising campaigns I produced when I was creative director of a specialized medical advertising agency. You may not fully know the products, but look closely at the description of each advert. 1. Product: Vasodilator Objective: Increase prescriptions by repositioning it as the first product of a new, more effective therapeutic class Headline: “6 Actions on the Blood and the Vessels to Combat Claudication and its Premonitory Symptoms” Visual: 6 symbols in the form of a rectangle representing the 6 modes of action Body copy: factual, moderate length 2. Product: Benzodiazepine Objective: Stabilize leadership position/market share in an anti-benzodiazepine marketing environment Headline: “My Conditions for Prescribing an Anxiolytic to My Patients” Visual: Intelligent, serious-looking general practitioner speaking the headline Body copy: factual, small 3. Beta-2 mimetic bronchodilator Objective: Maximize sales potential by overcoming market prejudice to using oral beta-2 mimetics in the treatment of nocturnal asthma Headline: “Asthma: Night Is the Enemy” Visual: Artist’s impression of the experience of a night-time asthma attack, painted by an asthmatic artist who really suffers such attacks. Body copy: factual; extremely small At first glance the vasodilator and benzodiazepine adverts might appear uninspired, even banal. They are unlikely to win any awards for advertising “creativity”. On the other hand, the asthma advert is exactly the type that could win a creativity award. Despite their superficial differences, fundamentally they are quire similar. All three adverts had very high awareness and credibility scores. One of the so-called “banal” adverts was so well received — and had such an impact on sales — that when we proposed a more “imaginative” version, the product manager, originally unconvinced by it, growled: “If you touch my advert, I will break your arm. ” Conclusion: All three adverts were extremely creative in the real sense of the word, because they: 1. Clearly reflected the nature of the product 2. Precisely addressed the needs of the market 3. Elicited the desired response (won prescriptions) The serious advertiser would do well to bear this functional definition of creativity uppermost in mind. It takes courage to reject an advertising campaign proposal that is striking, cute, amusing, artistic, etc. , in favor of one that doesn’t seem to possess these desirable characteristics. A so-called “unimaginative” campaign that clearly responds to the needs of the market and has the innate capacity to grow and develop (i. e. continue generating sales) is considerably more creative, in the right sense of the word, than one that flashes like a meteor, then dissipates its energy and loses impact before it has had a chance to do its job. Philip Yaffe is a former writer with The Wall Street Journal and international marketing communication consultant. He now teaches courses in persuasive communication in Brussels, Belgium. Because his clients use English as a second or third language, his approach to writing and public speaking is somewhat different from other communication coaches. He is the author of In the “I” of the Storm: the Simple Secrets of Writing & Speaking (Nearly) like a Professional, available from the publisher (storypublishers. be) and Amazon (amazon. com). Contact: phil. yaffe@yahoo. com, phil. yaffe@gmail. com

Philip Yaffe is a former writer with The Wall Street Journal and international marketing communication consultant. Now semi-retired, he teaches courses in persuasive communication in Brussels, Belgium. Because his clients use English as a second or third language, his approach to writing and public speaking is somewhat different from other communication coaches. He is the author of In the ?I? of the Storm: the Simple Secrets of Writing & Speaking (Nearly) like a Professional. Contact: phil.yaffe@yahoo.com.

8 Common Mistakes of Internet Marketers

Posted By: admin on December 29, 2009 in Internet - Comments: Comments Off

If you wish to be a successful Internet marketer you will want to avoid these 8 mistakes: 1. Failure to prepare properly. Many Internet marketers are simply bone idle and will not make the effort to prepare properly. Refrain from being overly nervous as if you’ll miss the boat if you do not market your website immediately. Use but many days it takes to setup all the appropriate advertising accounts and advertisements properly. This will make your administration more efficient and enable you to glide through your schedule tasks effortlessly each day. The net result is that your marketing efforts will be far more productive than if you were to take a haphazard approach. 2. Failure to implement an advertising strategy. You must have a plot with well defined goals if you wish to have positive marketing results. Normal 0 fake fake fake MicrosoftInternetExplorer4 Do not try to recreate the wheel. Find out what successful people are doing and do the same. Regarding goals, write them down. When you achieve a goal mark it as “completed” and replace it with another. By doing this very simple step you can monitor your effectiveness and progress. 3. Failure to be professional. Some of the ads on the Internet are of embarrassingly poor quality. Be professional in your business approach and in the design of your ads. If you lack the ability to produce professional ads then find a resource that can. The quality of your website and advertisements is a reflection on you. Also, when dealing with customers always be courteous and professional even when they are not. If you are professional you will shine above the rest and earn customer confidence. 4. Failure to implement and adhere to a disciplined schedule. If you don’t have a realistic schedule in place then you will not be disciplined in marketing your ads properly. Consistency not volume is the key to success in marketing on the Internet. A schedule allows you to be consistent and also forces you to be disciplined. The Internet is not a “get rich quick” environment. It takes hours of dedicated and consistent work. You must be committed to putting in the time if you wish to have excellent marketing results. 5. Failure to utilize the right tools. There are some very innovative tools on the Internet to make the operation of your business more efficient. Many of them are very affordable and they will save you from having fantastic frustration. Some marketers take the approach of being a “penny wise and a pound foolish. ” In saving their pennies they are losing out on making the larger dollars. Don’t ignore the many tools which are available. 6. Failure to build a downline. Your downline is the cornerstone of your business. A downline is your customer list or they can be referrals that join certain advetising programs through you serving as an affiliate. Verious advertising sites offer you some type of compensation for bringing them referrals. Don’t ignore the value of these referrals. Some Internet marketers are so nervous to advertise their product they fail to have an understanding of the larger picture. A huge downline can save you money in your advertising and enbable you to advertise more effectively. When soliciting always get the email address of your customer for future solicitations and sales. 7. Failure to track ads. Much time is wasted on unproductive sites and ads. If you’re not tracking them you will continually work in ignorance. You must have a measure of what is working and what is not. Is the program that you are participating in yielding the desired results? Are your ads well written and effective in drawing customers? You will never have the answers to these vital questions unless you track your ads. You can waste a fantastic deal of time on poor advertising programs and terrible ads if you never track the results. 8. Failure to know the advertising medium. You must know how each type of advertising program works if you’re going to be an effective marketer. Whether you use pay-per-click advertising or membership driven sites like safelists, traffic exchanges and text ad exchanges all have their own personality. Not only do you need to know the mechanics of each but also the general personality of their membership.

Published by

InternetSurvivalGuide.net

Copyright 2009 InternetSurvivalGuide.net
All rights reserved.

Our goal is to provide you with informative articles, educational resources and tools for successful Internet marketing.

MLM & Network Marketing Myths Debunked: We Expose 5 Common MLM & Network Marketing Myths

Posted By: admin on in MLM - Comments: Comments Off

“If it works, it works” as the ancient saying goes. That is, unless of course, it does’nt. Network Marketing & MLM opportunities look excellent on paper. We’ve all seen the presentations, wether via an online video presentation or at our kitchen table. We hear impressive terminology like “forced matrix”, “hybrid networking model” and “direct response networking” to get us salivating over potential for a quick net profit, and a long-term residual income. A distributor gets involved, spends time and money hoping to beat the staggering odds stacked against them. And, as with 99% of all network or multi-level marketer, the distributor fails. They lose money, motivation and inevitably drop out of the program.

This begs the question; “Why do people, knowing full well that statistically they will indeed fail, even get involved in the first place?” They bought into the myth, or illusion of MLM success.

Do we suggest that MLM and Network Marketing business models are a scam? Of course not. There are in fact legitimate opportunities out there that offer new and unique products or services to the market. After all, on paper, the math works out. But, in reality, the vast majority will fail within the first three months, regardless of the product or market appetite.

We will now summarize 5 of the most common myths attributed to MLM & Network Marketing in attempt to clarify the massive failure rate that networkers seem destined to endure.

Myth #1: MLM offers a better business opportunity than any other conventional model for amassing a large fortune.

Reality: 99% everyone who invests in MLM ends up losing money. That means that fewer than 1% of all MLM representatives ever earn a profit. With aproximately 13. 3 MLM and network marketing distributors in the US alone, only 130,000 ever make money. And those “gurus” earning a sustainable income at this business are an even smaller percentage still. The fact is that mathematics inevitably limit every MLM opportunity. The MLM Business model itself allows for only a small number of successful distributors. Continuous growth of an MLM company is in fact usually due to the constant number of new enrollees, most of which drop out by the third month. It takes an army of failures to make just one successful distributor.

Myth #2: MLM is simple. Recruiting Friends and relatives ensures you have Life-Time distributors & customers.

Reality: Capitalizing upon personal relationships like friends and family members to build your organization can hinder and even ruin social standing. Simply place, people don’t like being pressured by friends or relatives to buy products or join a business. Naturally, people tend to avoid them and identify them as a salesman, not a friend. This is jokingly referred to as the “NFL” or “No Friends Left” club in MLM & network marketing circles.

Myth #3: MLM & network marketing can be done successfully in your spare time. A few hours of time invested every week can earn a significant supplemental income and will grow exponentially, making further effort unnecessary.

Reality: Earning an income in MLM & network marketing requires extraordinary time commitment. “A few hours a week” inevitably leads to dominating people’s entire life. In MLM, because everyone with a heart beat is a prospect, every waking moment is a potential time for marketing and recruiting. Talent, dedication and salesmanship all require one key element to hone and enhance: time. This is one of the reasons why so many MLM ‘ers jump from program to program, hoping to catch the next wave. They have spent so much time on the phone and keeping up with changing company guidelines that it has really become their life.

Myth #4: MLM & network marketing are the best option for owning your own business and achieving financial independence.

Reality: Distributorship in MLM is not “owning a business”. Most MLM contracts have termination of the distributorship clauses in their Terms & Conditions Agreement. This makes it simple, and perfectly legal, to cancel your distributorship at will, commissions can be withheld and down lines can be taken away arbitrarily. MLM distributors are not “business owners”, but joiners in a rigid duplication system over which they have virtually no control and must adhere to.

Myth #5: Network marketing & MLM’s are the most effective after building a large down line, thus leading to long-term residual income.

Reality: Most assume that success with MLM depends on reselling the opportunity to sign up more distributors and building a massive organization. As a matter of fact, long term residual income lies in a loyal customer base, NOT from the organizations efforts. Translation: in the long term, money can be made from the customers using your product, not from that 99% failure rate we discussed earlier. Personal retailing is where the potential for long term income, not building huge down lines destined to collapse. So of course, the question arises, why even place any more money or effort into recruiting distributors, when the real money is on the retail side?

Is there an alternative? Is there a business model that can turn a 99% Failure Rate into a 99% Success Rate?

Why are some people making an absolute fortune online, while the vast majority are not? Learn How to turn a 99% Failure Rate into a 99% Success Rate! Ex-MLM Guru Richard Morris has done just that!
Click Here to Find Out



About the author: Ron P. Butterfield works full-time as a loss mitigation and forclosure prevention specialist from his home in Lodi, CA.

Team Building: Leadership Strategies to Address Today’s Most Common Team Building Problems

Posted By: admin on December 28, 2009 in Business - Comments: Comments Off

Despite best team building efforts, many organizations are still operating on low power when it comes to producing desired results. They’ve invested time and dollars in events that supposedly help team members bond and function coherently, yet results are small term at best.
So what’s the problem? Every situation is unique, but here are a few possibilities:
• Some or all members don’t want to function as a team. They’ve become accustomed to operating independently and don’t see the value of operating as a whole.
• Team building isn’t linked to business results. Instead the team experienced artificial feel excellent exercises. Although the team has learned about each other’s behavioral styles, motivational profiles, individual strengths, etc. , they have failed to connect their efforts to desired business outcomes.
• There’s no follow-up beyond a one-time event. A successful team building process should be approached strategically, not as a one-time event hoping for the best. It should result in actionable thoughts to help the team and organization achieve their goals. Continued learning, action and reinforcement are critical.
Of all of the potential issues that can negatively affect teambuilding, here are some of the most common impediments to team success in my experience and ways to
overcome them.
Team Building Impediment #1: Fuzzy focus.
In this situation, the team doesn’t really know how to function. Either the team has lost focus on results or members have never been clear of their goals in the first place. Instead, they’ve become too internally fixated on other team members—judging what they’re doing, making assumptions, speculating, back stabbing, finger pointing, etc. Without a clear focus, team members frequently react to events in their immediate environment. They become distracted by other team members or simply respond to whatever issue lands in their lap. There’s no strategic team focus or energy to go forward.
Suggestion: As the leader, you must step in and clarify huge picture goals and expectations. In order to do complete this task effectively, you must communicate the goals in a number ways that appeal to a variety of team members. Some may need a visual representation (e. g. , a roadmap); others may need to know the “why” behind the goals to buy in. Check for clarity. Question the team to articulate their understanding of the overall goals in their own words. Then clarify or right as needed.
Team Building Impediment #2: Lack of leadership.
Leadership is critical to help the team succeed. Without it, team members will resort to their own methods. Some will run as far and quick as they can to prove themselves, pushing boundaries and taking on too much risk. Others will sit idle for as long as they can, performing as small as possible, yet complaining about how much work needs to get done. Some leaders are too busy concentrating on their own political or career agenda. Other leaders just don’t know their role or possess excellent leadership skills.
Suggestion: Conduct regular strategic focus sessions. Strong leaders will help the team focus on the goal (the what) and key strategies (the how). Hold consistent informal one-on-one development meetings with direct reports to gain feedback, uncover distress spots and leverage opportunities. If you need to build leadership skills yourself, make that a priority. If you value your career, find a coach or mentor to help you. Remember, in order to develop others – you must first develop yourself.
Team Building Impediment #3: Stuck in sameness.
The team is stuck in practices that may have been established years ago. They’ve gotten bone idle or stopped trying new approaches. New team members may be frustrated by the apparent lack of openness to new thoughts or ways of operating. Experienced team members defend the way things have always been done.
Suggestion: Identify one aspect of the team that you would be excited to see change come about. Talk with your team to make sure everyone agrees it would be worth it to affect change in that area. Determine what the best possible outcome could be if the team made the change, adopted a new procedure, tried a new approach or do whatever it is you’re suggesting. Then call for thoughts from the team on how to make it happen. Generating excitement about new possibilities makes it simpler for the team to get unstuck.

The most effective teams can maintain best practices while adapting to new environments or organizational changes. They are not content with sameness or status quo. Their best practices include constantly seeking new and better ways to perform their job. They are not content with going through the motions or frivolous exercises that may help increase awareness, but stop there.
Final Thoughts:
It doesn’t matter if Bob is a blue, green or yellow if he can’t connect his self-awareness to results. The same applies at the team level. Team members may find it fascinating to learn more about team members, but be sure to help translate learning into results.
Fantastic team leaders spend time clarifying goals, cultivating their own leadership skills and identifying new ways to achieve fantastic results. Not to be confused with micromanaging, an effective leader will check in from time to time to make sure the organization’s goals and strategies remain clear. At the same time, they help build capability of individual team members versus taking on the work of the team themselves.
Simply opening productive and constructive communication to a greater degree will help leaders increase their effectiveness and their teams function most effectively. Leaders often feel unnecessary pressure to tell everyone on the team what to do. Focus on influencing versus doing.
Team building is a means to an end, not an end in itself. What do you want your team to achieve?

As an organizational development consultant, executive coach, and Founder of WorkMatters