Some people prefer these method :
1. Separate strategy and emotion
Catch The Eyes! Make The Sale!
Business Strategy for Success in Selling T-Shirts!
STOCK LOTS OF T-SHIRTS:
It was about 11 0′ clock in the morning. I was attending to my routine work of garment designing in my workshop. There comes a telephone call from Vijay. He is a young garment retailer selling mostly -T’ shirts, night pants and Bermudas. He used to buy stock lots of these items from exporters.
The international traders when they produce in bulk go for excess production to meet any eventualities. Thus after the selection and inspection of goods for export, the surplus stocks and the rejects will be sold in the local market to retail merchants like Vijay.
RETAILER T- SHIRT SHOP KEEPER:
Vijay has once attended my seminar on -Business Strategy for Success- and now wants my help. He said that he has got a stock of about 4000 numbers of T-shirts. He has taken a temporary shop in the down line of the 10th street on the busy cross cut road of Coimbatore city. The shop is going to be only for 5 days just before the festival of lights.
SELL THEM IN SHORT TIME:
He wants to sell the stocks to a maximum extent in these festive days. He requested me to design a simple strategy to boost the sales in a short time.
I was going there by about 4 o’ clock and studied the situation. The shop was on the main sub street, having good people’s traffic. The display of T-shirts was also nice. Only thing I wanted is that the passerby should be made to turn and see the shop.
CATCH WORD-WATCH WORD:
I asked for a piece of white paper. I suggested a suitable phrase that will make the people to watch and tempt them to move towards the shop. When the potential customers come in, the duty of the salesman has to sell the goods through some scientific proven method. I know that it will happen once the people are drawn inside the shop.
I asked Vijay to make a banner with these words and in straight bold letters with red background. The banner was eye catching and displayed in front of the shop prominently. I was observing the shop for all the consecutive days. Day by day and hour to hour, the shop gathered momentum and the sale was picking up steadily.
I made a quick survey also with the customers who entered the shop. I could under stand that the color, words and size of letters in the banner had their role in pulling the people!
PEOPLE WERE DRAWN:
Needless to say the strategy worked very well and the sale was very good and the event was happy till all the stocks are sold.
What was the catch Phrase that attracted the passerby?
In this festival of lights
-ALL AT YOUR PRICE!-
The people entered into the shop just to know what -our price- is! The salesman has to convince the price quoted is so low that it is everybody’s easy to buy price. Everything happened as desired. It was a good strategy that led to success to the young entrepreneur!
NEXT CALLER IS READY:
After a couple of days, I received a call from -Rasi Furnishings-, a shop owned by a friend of Vijay. He said it was a great success for his friend, Vijay. Now, he wants to make use of a special strategy for the total growth of his home furnishing business.
Let us understand the people and make the people understand our offer!
The author is a keen observer of business activities in his vicinity. This article is a sample drawn from his experiences and knowledge.
He is a business strategist guiding young entrepreneurs. He is writing an e book on -How to get Rich in Any Business*?- with Energo cybernetic strategy of German origin.
Please visit for an “Easy Business Idea”:
AICA Educations strong industry connections have enabled students to be given unique opportunities whilst studying, which can lead to them to finding their ideal jobs when they graduate.
Diploma of Graphic Design student, Stayc Sinclair, has gained invaluable industry experience through a range of freelance work arranged by AICA Education. “Whilst studying Ive worked on design jobs for various organisations, such as designing logos, websites and brochures. The experience has made me more confident to enter the workforce at the completion of my Diploma.”
A well-planned investment strategy is essential before having any investment decisions. A business strategy is generally based upon long run period. Formation of business strategy largely dependent upon the factors such as long-term goals and risk on the investment.
As the return on investment is not always clear, so the investors prepare the strategy so as to face the ongoing challenges in investment. A balanced investment strategy is generally required in the process of investment, which possesses long time period and some risk tolerance.
In the case, when a strategy is aggressive the chance of attaining a higher goal is higher. An efficient strategy can be obtained from portfolio theory, which shows good estimates on risk and return.
Strathclyde Associates Investment Guide: Investment Strategy is usually considered to be more of a branch of finance than economics. It is defined as set of rules, a definite behavior or procedure guiding an investor to choose his investment portfolio. For example, investing in mutual funds has recently emerged as a very favorable investment strategy.
An investment strategy is centered on a risk-return tradeoff for a potential investor. High return investment instruments such as real estate and mutual funds usually have more risks associated with it than low return-low risk investment opportunities. Return on investment can be calculated on past or current investment or on the estimated return on future investment.
Symbolically, it can be expressed as: Vf/Vi -1 where Vf denotes final investment value and Vi is the initial investment value. (“f” and “i” should be noted as subscripts)
Strathclyde Associates Investment Guide: Return on investment (ROI) is profitable when Vf/Vi-1>0 and the investment is deemed to be unprofitable when the value of final investment is less than that of the initial investment. ROI is calculated to be 1 or 100% when the value of the final investment is twice the value of the initial investment.
Types of investment strategies can be defined as follows: A passive investment strategy attempted to minimize transaction costs.
An active investment strategy guide used to maximize returns based on moves such as proper market timing. This usually mean, “buying in the lows and selling in the highs” or buying investment instruments when they are cheap and selling them off when their price appreciates. This strategy, however, is not very beneficial for small time investors.
Small time investors can adopt the buy and hold investment strategy to invest in equities, which although volatile in nature, give favorable long run returns. Investing in equity markets for small time investors is associated with the investors holding on for very long periods. In the case of real estate, the holding period extends the lifespan of the mortgage. Notably, in case of this strategy, indexing or buying a small proportion of all the shares in market index or a mutual fund is a purely passive variant of the above strategy.
The strategy of value investing, a classic investment strategy propagated by Benjamin Graham simply concentrates on the strategy that an investor buys shares of a company as if he was buying off the whole company without paying any attention to the stock market scenario or any exterior conditions such as the political climate. At the end of the day, if he can buy the stock at less than that its actual future worth to the buyer, the person is said to have discovered a “value investment.”
Investment strategies can also denote the investment strategies a national or federal government should follow to bring about economic growth in a country. This can only be achieved by domestic investment as well as significant FDI (Foreign Direct Investment) flows to particular sectors of countries, especially the less developed ones of Asia and Africa.
In case of India, infrastructural problems, excessive government intervention, rigid labor laws and corruption are stifling the flow of FDI in the critical sectors. Less developed countries such as those in the Asia- Pacific region and Africa can bring about much needed development in these economies.
An investment strategy in mutual funds is probably the best bet for a profitable investment. Mutual funds is defined as a pool of money supplied by different investors and in turn used by the mutual fund company to invest in various assets such as stocks and bonds. However, a detailed research has to be conducted for choosing the mutual fund companies and only those should be considered which have a professional investment manger. This will ensure that the funds get channeled towards the right investments. This also applies for investing in stock markets where a decision to invest should follow a through research about the past and current trends of the stock prices and their Net Asset Values (NAV). Analyses from market researchers about the predicted future trends should also be considered otherwise gains from capital appreciation; capital gain distribution (in case of mutual funds) and dividends might not be realized.
Lastly, investment strategies leading to green investments or investments in renewable sources of energy will be the next big thing in the investment spectrum. From Economy Watch. Economy, Investment & Finance Reports.
Business coaching is essentially about making a meaningful difference to a business by helping business owners to achieve their goals and overcome their weaknesses. It is all about polishing their skills and helping them understand their own potential. Business coaching is something that can be practically applied to any industry and at any level of employment. This growing need for business coaching is responsible for making coaching industry as big and competitive as it is today. Business coaching provides excellent career opportunities to those who believe that teaching is their forte and who have profound understanding of the sensitive business needs of diverse businesses.
While some people prefer to set up their own coaching practice, others choose to become a part of well-established boutique (medium sized coaching service providers) or a large business coaching firm, to impart their coaching skills to business communities. Just like a solo business coaching practice, medium and large business coaching firms also have their own set of pros and cons. If you are an expert business coach and are planning to provide coaching services through a medium or large business coaching firm, make sure that you quickly go through the pros and cons mentioned below:
Finding the right person takes really hard work. People usually go through a lot of disappointing experiences before they actually get to find the right person for them. Though this is not always the case, most people are really thankful for finally meeting someone they can really connect with. Whatever your story might be, having a successful relationship must be something you are really grateful for, as most people are. However, having a relationship sometimes implies a little work.
First of all, you have to change everything about the way you view things, as I suddenly becomes We. Although that might sound pretty romantic at first, when it comes to more serious decisions in life, that We can sometimes get in the way. Though that might sound awful, most people have to face this situation at least once in their life. For example, if you happen to have a job opportunity that requires some personal sacrifice, you might not be able to take it because you are in a relationship.
The business plans conclusion should sum up the opportunity the business represents with language targeted at the specific audience the plan is intended for (for example, investors or lenders). Without going into the detail allowed in the executive summary (a conclusion should be just a paragraph or two), the conclusion can offer a more personal appeal for consideration and funding. However, the conclusion should not depart significantly from the rational and professional tone of the plan. For example, it is never appropriate to write sentences along the lines of I beg of you to invest in this company, It would mean so much to me and my family, and Youd be stupid to not to jump at this opportunity.