Social Media and The Business World

For kids growing up today they did not know what it was like without MySpace, Facebook, or Twitter. Go back just one decade and it all started with AIM Instant Messenger. However, the big limitation to AIM was it was not beneficial for the business world. That would change soon though as social media evolved very quickly.

AIM allowed you to basically text one another over the computer and you could have running conversations with many people at once. However, it was very limited for business applications. No one would ever do business with the old social media types prior to Facebook and LinkedIn. Now the world has changed and companies must adapt to the new world or risk going out of business.
While AIM was becoming popular so were web-cams. These allow people to see each other and chat at the same time. This is really important in the business world as clients and suppliers can meet face to face to help close the deal.

The major downfall of AIM was the lack of business information. You could not portray what your business was about or anything like it. Now, most people check social media to make sure the business is legitimate and if they cannot be found many will wonder why the company does not use social media.

MySpace allowed you to customize your own web-page with music, pictures, and whatever else you wanted. It took off so fast that AIM was basically left in the dust and it went from being used by almost everyone to being used by almost no one.

That is the thing with technology, it quickly changes and the changes are often severe. MySpace was an innovative creation that really came along at the time where almost everyone was getting high speed internet. This was important because these large media filled web pages would have taken all day to load at slow internet speeds. Each of these improvements allowed businesses to thrive and display information about their products or services offered. MySpace was a huge leap for the business world and everyone in it.

With the new age of social media changing there was soon going to be another player in the game. Facebook came along and competed side by side with MySpace before taking over the lead. Many feel Facebook provides a better interface and it is easier to follow what companies had to offer and could even offer a customer service link that could not be provided before. Now, many can directly send customers to their web sites and hopefully get them to place an order.

Another newcomer is now making a strong impression on people and that is Twitter. People basically say what they are doing in just a few characters and need to make a quick and witty comment in order for people to Tweet it to others. The real benefit to Twitter is you can just make quick comments and do not have to have an elaborate site. Business benefit quite a bit as they can have a saying of the day or another similar idea that will get people talking about their company. Free advertising is the best.

Over the past 10 years social media has really changed how the business world acts. I am sure it will change again soon, but companies must act now and do the best they can with the current resources at hand. The real question to ask would be is it worth it? I would argue it is very worth it and almost essential to business today.

The benefits of social media are many. Business can now access more and more customers for free. All those sites are free and that gets the companies’ name into millions of new homes that would never have been seen before. These sites also allow you to post specials, download coupons, and use other forms of marketing that were not available 10 – 15 years ago. Almost all of the Fortune 500 companies use social media in one way or another. I am sure their marketing departments love the fact these media outlets are free resources to use to promote their goods or services. The only real cost to them is the labor hours incurred in updating their sites.

Not all businesses use social media for the same reason though.Some do it to push sales while others do it to inform the consumers. Many people and companies have their specific reasons to use it.

What are your reasons?

Advanta Business World Mastercard Reviewed

Advanta is a niche credit card provider that targets small businesses and start-ups. Unlike companies such as American Express, or Chase, Advanta does not have credit card offers for consumers (though consumers are more than welcome to apply for Advanta business credit cards as no EIN is needed).

Advanta’s newest card, Advanta Business World Mastercard, is specifically designed to fit the needs of small businesses and start-ups alike. Unlike traditional Advanta offers, which were designed to provide the business owners with lucrative introductory offers, the Advanta World Card is specifically designed to provide the cardholder with the best set of rewards possible.

The Advanta Business Word Mastercard allows you to earn 1 point for each dollar spent with the card. In addition, Advanta offers 50% bonus on the number of points earned to those who pay their bills on time. This is certainly a measure taken by Advanta to encourage holders to pay on time and avoid costly late fees.

The Advanta World Card does not come with any preset spending limit. What it means is that you don’t have to settle for a credit line of $3,000 if your credit score is close to $800. Advanta will offer limits to cardholders based on credit history, so it is necessary to have a good credit score in order to maximize your benefits with the Advanta World Card.

The Advanta Business World card offers unlimited points, so you can keep earning as you spend with your business card. You can redeem your points in cash or towards travel, gift certificates, or merchandize for your business. In addition, there is no annual fee and balance transfer fee for this card, so you can take advantage of all these rewards without having to pay a dime to Advanta upfront.

The Advanta World Mastercard does come with a high variable APR (16.99% at the time of this writing). So it is necessary to avoid parking large balances on your world card.

The World card is not for everyone. Advanta has specifically designed this card to meet the needs of small businesses and start-ups. Consumers are allowed to apply for this card, but it is recommended that you do not park large balances with this card due to this high variable APR.

If you are a small business owner who is looking to save on your everyday purchases, you will want to check this brand new offer from Advanta. With all the rewards and incentives available through Advanta rewards program, the Advanta World can save your business a significant amount in the long run.

The Retailing Strategy of the Business World

The business world is such a complicated place for those who are not aware with its basic principles. Although it is one of the most obvious professions of the world, only few people understand and appreciate its importance to the economy. Business is not just about buying and at the same time selling goods to consumers. It often connotes the idea of providing the needs of your customers in exchange for a specific amount. Moreover it is the legal and appropriate way of using your money.

Almost all humans are considered as prospect buyers or customers, however not all individuals are capable to establish his or her own business company. If you are planning to create your own company you need to consider several things first before setting up your mind. You should not forget that the future of you company depends on your determination and faith in your work.

One of the most important tools in creating your own business is your interest. According to psychologists it is an inborn skill or talent to excel in business. It also proves that not all people are capable of entering the business world. It is the concrete reason why several individuals became successful in life even though they were not able to graduate and earn a business degree. Psychologists often believe that the spirit of being an entrepreneur is innate can be developed through the interaction of the environment.

Determination is also part of the necessary attitudes that must possess if you really want to become successful. You must learn remain strong in time of crisis and trails. It doesn’t matter also if you begin your business in small basis first such as home base business, rather it will greatly depend on how good you are in enhancing your business.

Business strategies are also very important if you really want to experience improvement. It suggests that you need to use different methods to attract and entice your prospect customers. It could be in form or product commercials or packaging of your products. Meanwhile there is a very relevant method used by small scaled businessmen which is already proven to be effective when it comes to marketing.

Retailing is one of the oldest and finest types of business strategy. This type of method is often used to influence their customers with the idea that they can now already purchase expensive goods in lower rates because it can be bought in small amounts. Consumers are then convinced with the idea that they can save and control their budget when they buy in retailing stores because it is much lower compared to its regular amount.

Although the quantity of the item is compromised once it is sold by retailers, consumers are still eager to buy goods because they believe that it is the best way for them to save their money. However consumers are not aware of the idea that they are paying more once they entertain the idea of retailing. In this type of method, retailers are the individuals who can gain much benefit.

8 Stunning Tips To Help You Succeed In The Business World

#1 When starting a business, you need to have a killer presentation. When you start going after business partners and customers for your product or service, they need to be amazed. The first impression is everything. Try to limit you presentation to 3 main points about what your products and services have to offer. In addition, I recommend using visual aids because they can help leave a long-lasting impression to your audience.

#2 In addition, make sure that you allow your audience to ask questions. If you are involved in an MLM opportunity or home business opportunity, chances are that it requires a lot of money to start. If people are not comfortable in asking questions, that will increase more skepticism in their minds. Be sure to acknowledge their concerns and reservations.

#3 Make sure to practice your script religiously. In my opinion, the battle is won before you even give the presentation. I recommend that you try to memorize your presentation by reciting it 10-15 times a day. Depending on the opportunity you join, you will be given a script. If you are not given a script, there are many different resources on the internet to help you make one.

#4 I suggest that you quit with grace. Do not let your dead-end job get in the way of your dreams. To see success, you will have to put your focus on one thing only. That one thing is your business. I believe in risk and reward.

#5 You will have to cut people off. We all know people who are toxic to our lives. They provide no motivation and they always carry negative energy, no matter where they go. You will have to separate yourself from those types of people and attach yourself to people who are positive and carry positive energy.

#6 Do not take defeat personally. You will have to understand that the minute you decide to take your life to the next level by starting a business, you will face many defeats and obstacles. Do not take the defeats personally, you will just have to keep on fighting through the storm. I believe that tough times do not last, tough people do.

#7 Know when to stop talking. After you are done giving your presentation, you must balance the time for you to speak and the time for your audience to speak. When you just keep talking and you do not give other people the chance to express their thoughts as well, they will stop listening to you.

#8 People will say no. When you start trying to sell your products to your audience, some people will say no. Do not try to change their minds. That is the nature of the business world. When you try to sell something to someone and they say no, just pick your head back up and move on to the next person.