Friday, January 2, 2009

Business Brand Gets New Customers

Good business brand gets new customers. Good business brand means good brand image and good brand awareness. High quality customers choose products based on the brand, not only based on the quality. Invest in business brand is important.

Yesterday I wanted to buy a new perfume. I had never wore perfumes before. When i went to perfume shop, there were many perfume brands, they made me confuse. After looking around, the only one brand i am familiar with was Hugo Boss. Hugo Boss perfume ads were on air last week. Good brand awareness for Hugo Boss.

I decided to visit Hugo Boss perfume counter. After tried some and found the one i liked, i decided to buy it. A good image of Hugo Boss brand had helped me to make the decision. I have bought Hugo Boss suits and satisfy with them. So Hugo Boss brand has a good image on my mind. If Hugo Boss didn't have a good image, i won't make the decision that quick.

Hugo Boss perfume business got a new customer, which is me, because Hugo Boss has a good brand image and brand awareness. As businessmen, we should invest some of our business profits to build our business brand image and increase our business brand awareness. It's not enough to just have a good business idea.

Tuesday, October 14, 2008

Good Business Idea, How to Know?

If we want to invest in business, we need a good business idea. How do we know a business idea is a good business idea or a bad business idea? there are at least three questions to know whether a business idea, a good business idea or a bad business idea:

1. How about the business competition? is it too tight?
if yes, it's not a good business idea. It's because how could we compete with other businessmen who have more experience than us. So we should look for business ideas which have less competitors.

2. Does the business idea have a market to make profit?
if yes, it's a good business idea. If not, it's not a good business or we can create a market for our business idea. But we usually need much capital to create a market.

3. How much is the maximum risk?
If our business idea doesn't perform as we expected, how much money we would lose. If the maximum risk won't make us bankrupt, then it's a good business idea.

Please remember there is no perfect business idea, as long as we believe in our business idea, we should go for it. http://investmenttool.blogspot.com/

Thursday, October 2, 2008

Financial Bailout Plan for Business, Good or Bad

US financial bailout plan for business, good or bad ?

In my view, US financial bailout plan is good for business. Why ? because, as a businessman, we need loans to fund our business ideas, right ? and where do we get the loans ? we get them from the banks.

If banks don't get financial help from US government and bankrupt like WaMu and Lehman Brothers, where will we get loans from ?

So i think financial bailout plan to buy bad mortgage should be accepted and the banks will have funds again to give loans to us.

Any views about Financial Bailout plan ?

http://investtool.blogspot.com/

Saturday, July 12, 2008

2 Ways to Get Customers for Your Business

In business, customers are the king. Without them, how business owners can get profits. There two types of customers, new customers and returned customers. How to attract them ?

Two ways to get customers for business :

1. Advertise your business

No matter how good you business is, if no one knows about your business and products, who would become your business customers. Business advertisement is a good way to attract new or first time customers. There are two types of advertisement, online and offline advertisements.

2. have consistency in your business

Business owners need consistency in their business qualities. This second way is suitable to keep the new customers to be loyal to your business. Without consistency, all advertisements would worthless.

Please do remember there is no perfect business. No matter how hard we try, there are always customers that are unsatisfy. We just need to review our mistakes and try not to do the same mistakes.

Sunday, April 20, 2008

Business Invest Tool

Besides financial market, property and Internet, business is also an Invest Tool. In fact, business is the most common Invest Tool around.

What is Business ?
  • anything that makes us busy to make some profit

Business as Invest Tool :

  • return : high
  • risk : high
  • capital : high

Business as Invest Tool offers high return, it is can be seen from a fact that most of wealthy people in the world are a businessman.

Remember the principle of investing ? high return, high risk ?

This principle also applies to business as Invest Tool. Because this is the most common Invest Tool, the competition is also very tight.

Business needs a lot of capital, in terms of knowledge and money. So if you want to use business as Invest Tool, please prepare yourself at very best.Invest Tool .

Sunday, April 6, 2008

Tips for Food and Beverage Business : Use Caller Id

My tips for Food And Beverage ( F&B ) business that provides a delivery service is use caller id. With caller id on your phone, you are be able to know who your customers are. Steps :
  1. note your customer names and their telephone numbers using caller id on their first orders
  2. input them into your telephone memory
  3. call them by their name when they order for the second time

With this kind of services, you can add a personal touch in your delivery services and you orders would increase eventually. Here is My Favourite Restaurants.

Friday, January 18, 2008

Business Idea

Business Idea store