An Efficient Way To Set Up An Online Business
With so many online ventures failing, you may wonder, is it really worth considering setting up an online business? The answer to this is yes: internet based companies are still on the increasing 25 – 30% year on year. Even the economic slow down in recent years has not hindered this increase.
According to an annual report of internet trends by a top market Research Company, almost two third of Internet users in the United States have by now purchased a product or service online. That’s a dramatic increase from 2000. While the hype over the new economy is maybe over, one thing is certain the internet has changed the way we do business. Many companies are now starting to grasp that their very survival may be in jeopardy if they are slow in implementing their internet business model. However the question still remains - is there an efficient way to do business online? Below I have outlined some components crucial to any online venture. While these might not be the only vital components of web based business, understanding them properly will significantly increase your chance of being successful with your online venture. The main component you need is a business plan, one that makes sense and has been fully researched. A recent AT&T report of successful entrepreneurs shows that businesses are more likely to be successful if they have a business plan. With a business plan you get a better picture of your planned venture. So, before starting you online venture, take time and write down what are you are intending to do. Product or Service If you are a brick and mortar company merely attempting to increase your sales of your products or services on the Internet. You at least don’t have to think about what to sell. You can sell nearly any product or service on the internet; there are even incidents of people buying corporate jets online! If you are serious about opening an online business, finding a product or service that suits you should not be very difficult. Knowledge base goods like e-books, how-to-reports and hard to find information do well on the Internet drop-ship items are also plentiful on the net. Thanks to the worldwide customer base of the internet finding a manufacturer for any product that you plan to import to your country or export from your country has become a lot easier. If you have expertise, online services related to web design, travel arrangement etc. are also good areas. Internet gambling is also a very good area to investigate. The look and feel of your website is important as potential customers will decide whether to do business with you or not based on the first impressions of your website, it is vital to have a professional-looking website with enriched content. You can decide what type of website you want according to your situation; there are a vast range of choices. Starting from a completely free website you can spend thousands for a more advanced site. |
Understand SEO (Search Engine Optimization) this is very important, setting up your site so it is fully optimized for search engines is vital. Many companies will offer their services to optimize your site; however it can be done yourself by researching the subject prior to developing the site.
There are many quality portals that permit you to have products and services displayed on a single page web site for free. Many business to business portals offer this kind of services. However, for real time transactions you will still need e-commerce websites. For a small monthly fee you can have the facilities necessary to run a full fledged electronic storefront and build it yourselves from easy to use templates. If you go for this type of services, compare and see who has most of the features for the best price. Shopping carts form an essential part of e-commerce sites, they allow you to accept purchase orders for many products or services. The term "Shopping Cart” is taken from real life shopping terminology to help users understand the actions available to them. Like in a supermarket a person can add items to shopping trolley, or remove items from the trolley or adjust the amount of the items as per requirement before checking out and making a payment. Access to the shopping cart should be clearly evident. There should be numerous entry points to the cart. Add, remove and adjust quantity of the product features should be prominent on the cart page. The article name should have a link to the description of the product. There should be a way of saving items for future purchases. Shipping and other costs should be clearly stated before the payment process starts. Order forms should be simple and clear. All payment options should be explained clearly. Ordering process should be done through a secure server. You know you are on a secure server when the URL of your browser indicates "https:". The s at the end of http stands for "secure". Merchant Account 90 percents of all online retail sales take place through credit card transactions. Even if you already accept credit cards for your offline transactions, that may not be enough. Although, you can take many precautions to reduce online credit card frauds, credit card companies still consider Internet transactions to be riskier than offline transactions. There are numerous merchant account providers on the internet. Carry out some investigating before you sign up with any of them as their terms and conditions vary significantly. It is definitely good to have a merchant account however that does not mean you cannot sell products or services without one! There are numerous other payment options available on the internet. Most popular of them are paypal, e-gold, e-bullion, etc. If you would like to have an efficient online business, remember that old values still count. Proper planning, uncompromising customer service, integrity, hard work and persistence eventually will make your business successful. |
A Few Tips For Day Trading the Stock Market
Day trading the stock market involves the rapid buying and selling of stocks on a day-to-day basis. This technique is used to secure quick profits from the constant changes in stock values, minute to minute, second to second.
It is rare that a day trader will remain in a trade over the course of a night into the next day. These trades are entered and exited in a matter of minutes. The main question that most people ask when it comes to day trading is simple: ‘is it necessary to sit at a computer watching the markets ALL day long in order to be a successful day trader?’ The answer is no. It’s not necessary to sit at a computer all day long. There are a number of factors to consider, but generally the rule of day trading is to trade when everyone else is trading. In other words, trade in the morning. As with all financial investments, day trading is risky – in fact, it’s one of the riskiest forms of trading out there. The stock prices rise or fall according to the behaviour of the market, which is entirely unpredictable. Day traders buy and sell shares rapidly in the hopes of gaining profits within the minutes and seconds they own those particular stocks. Simple to do in theory, harder to do in practice. If you are constrained by a small amount of capital, you may not be able to buy large amounts of a stock, but buying only a small amount can add to the risk of a loss. And, obviously, it is impossible to predict with certainty which stocks will result in profits and which in losses. Even the best of traders must learn to accept both outcomes. It’s also important to know that in day trading, it is the number of shares rather than the value of shares that should be the focus. |
If you day trade, you WILL face losses, but even for the more expensive stocks, the loss should be marginal, because prices do not usually fluctuate to an extreme degree over the course of just one day.
The day trading industry deals in a large variety of stocks and shares. Here are just a few: Growth-Buying Shares – shares made from profit, which continue to grow in value. Eventually, these shares will begin to decline in price, and an experienced trader can usually predict the future of this type of share. Small Caps – shares of companies which are on the rise and show no signs of stopping. Although these shares are generally cheap, they are a very risky investment for day traders. You’d be safer to go with large caps and/or mid-caps, which are much more secure and stable thanks to a premium. Unloved Stocks – company stock that has not performed well in the past. Traders buy these shares in the hopes of generating profits if and when the stock rises in value. As with small caps, unloved stocks can be a risky choice for day traders. These examples are NOT your only options when it comes to day trading stocks. The best way to determine which type of stock is right for you is to invest some time for careful research, a knowledge of market patterns, a solid strategy, and a disciplined trading plan. The key to successful day trading is to be prepared. Know as much as possible about the industry before you begin actually trading. You need to learn to trade ONLY when the market gives the right signals, and ONLY when the volume of activity in the market supports a successful day trading coach opportunity. |
Fall Asleep Easier, Sleep Deeper, and Watch Your Body Fat Disappear
I want to take a step away today from my normal discussions about various training techniques or nutrition ideas, and look at another vitally important aspect in your life that plays an important role in your success with your fitness goals. And that aspect is...
How well do you sleep? I've noticed that one of the challenges for many people in their fitness endeavors is getting enough quality sleep each night. In case you didn't already know, the quality and quantity of your sleep each night is VERY important to maintaining an optimal hormonal balance within your body and keeping your metabolism as high as possible. Obviously, this all translates into a leaner you, if you are sleeping well regularly. On the other hand, if you never seem to get enough sleep, or don't sleep well enough to give your body the rest and recuperation it needs, you can count on the fact that this lack of sleep is making you fatter! That's right, the lack of quality sleep creates a fat-storing hormonal mess inside your body. The fact is, the stats show that most people don't get enough sleep regularly, and also don't sleep as soundly as they should. Aside from sleeping disorders, most people simply don't get enough sleep because they have a hard time shutting down their minds at night, which leaves them lying there in bed tossing and turning with thoughts about the stresses of their daily lives shooting through their heads. Does this happen to you? This has actually been a problem for me personally, but I've started to gain control of this with a few secrets I've learned, and now I can usually fall asleep pretty fast each night. Here are some of the tricks I've used to fall asleep easier each night. Some of these you've probably heard before, but others may be new ideas for you. 1. Try not to exercise intensely within about 2 hours or so of your normal bedtime. However, getting regular daily exercise at any other time of the day will help tire you out so that you can fall asleep easier once bed time comes. 2. Don't try to go to sleep hungry. Contrary to popular belief, just because you eat after 6 or 7 pm does not mean it's going to be instantly deposited as blubbery body fat. As a matter of fact, a lot of very lean people that I know eat small meals right before they go to bed each night. A light healthy snack 30-90 minutes before you hit the pillows will help satisfy your hunger and help you fall asleep easier. |
3. Avoid stimulants like caffeine any time after late-afternoon.
4. Try chamomile tea and/or mint tea an hour or two before bed time. These generally have a relaxing effect and can help you calm down at night. I recently found a tea product called "bed time tea", which combines chamomile and mint in the tea bags. I add in just a little touch of raw honey too and this combo really seems to relax me. 5. Try ground nutmeg in capsules an hour or two before bed. Nutmeg is supposed to also have a calming effect on the body. What I've done is buy a couple rounds of whole nutmeg and use a strong coffee grinder to grind them into powder. Then I fill empty capsules with the nutmeg and take a couple each night. Two whole nutmeg rounds will fill a couple dozen capsules, so I store them in a ziplock in the fridge. I'm not totally sure if this helps or not, but it certainly can't hurt, and nutmeg is at least a good source of antioxidants too! 6. Try to clear your mind of daily stresses and things you need to do. This has been my biggest obstacle to overcome in order to fall asleep at night. One thing that helps is to use a note pad to write down what I need to do the next day. That helps me clear my mind and reassure that I won't forget anything, so that I can relax. Instead of thinking about my day, or what I need to do tomorrow, I simply wipe my mind clean, and think about a relaxing place that I enjoy, like a tropical beach, or lying on a hammock in the breeze somewhere. If I can keep my mind on something relaxing like this, and not my daily worries, I fall asleep like a champ! I know there are many other strategies that people use to help fall asleep, but I figured I'd just give you a few of the tricks that have helped me out with conquering this. Whatever you do, please try to keep it natural... taking sleep aid drugs will almost always have adverse side effects. So do yourself a favor and pull the plug on the late-night talk shows or late-night Seinfeld re-runs (although that Kramer does crack me up!), and try to get to sleep a little earlier from now on. Clear your mind, relax, and enjoy some good quality sleep that will keep your body leaner and have you feeling more energy filled during each day. Good luck! |
Life Changing Questions You Can't Afford to Not Ask
'Imagine finally taking off seven coats you've been wearing on top of each other for years and years. You've forgotten that some people consciously choose to live without seven layers of coats on even though most people are living that way.
You remember the possibilities you imagined your life would be when you were a child. You decide to take off the coats and start running joyfully through the spring fields you forgot about. You move into the light where you finally begin to laugh and live feeling inspired every day instead of simply walking around reacting to life, complaining, counting down the days to the next weekend or vacation until you finally die. Start taking off the coats that have layered your soul since you started to grow up. Forget about the negativity of the news. Don't believe negative people telling you that you canít make more money or move to a nicer city or do anything to better your life. Ignore all the forces telling you what you canít do. Close your ears to people who blame their boss, the government, their friends, and their circumstances for what they donít like about their lives. It's time to leave 'em all behind and say 'See ya!' It's time to adopt a new Belief System (yeah, whatever we believe is simply B.S. - just opinions we made up that may or may not actually be true.) It's time to drop all that limited thinking that keeps you stuck on the birth-school-work(paycheck-to-paycheck)-death merry-go-round. It's time to learn the magic of saying YES. Iím going to make YES your new favorite word. Imagine what you want most in life right now. Dream BIG. Think of what your ideal life would look like. See all the tiny details. You have no limitations. You can have exactly what you want. Money is no object. Your time is your own to spend as you like for as long as you wish. Dream BIGGER now. What fills your soul with more joy than youíve ever felt before? Remember the best experience of your life? Start there and make it as amazing as you can. How are you spending your days and nights? Who are you with? What are you doing? What emotions are coming up? What smells are in the air? What are your favorite foods that youíre eating and tasting? What cities and countries are you visiting? What are you wearing? As you reach out to touch your loved ones youíre sharing this life with what sensations run through your hands? -Get as specific as possible. The more specific you are the more youíll get out of doing this. I want you to see, hear, feel, taste and smell every little piece of the life you were born to live. |
As you walk into your dream house how big are the doors? How high are the walls? How much of the square footage is covered in windows? How have you furnished it? How many rooms does it have? How many rooms does your guest house have? How many acres of property do you own? What do you see outside of the windows? A meadow? A stream? The ocean? The sunset?
Is this the most fantastic day of your life? YES, it is. Get more in depth. See how your smile looks. Feel the warmth in your heart and the ease and peace in your spirit. Hear the sounds of the surroundings that feed your soul. Feel the excitement in your bones as you realize that you are actually living in your dream come true. How amazing do you feel right now? You deserve this life donít you? YES, you do.This is no accident. If you are in a human body then you deserve to use it to build the life you truly want to be living. Hundreds of thousands of people are doing it right now. Can't you do it too? YES, you can. You may need some help, guidance and support, but you can and you will create the life of your dreams. YES, it's yours for the taking. YES, you're ready. YES, you will live it now. How do you feel right now? YES, right now at this moment. Imagine feeling this light and warm every day. You're smiling aren't you? If you aren't then you didn't do the exercise above slow enough to absorb it and I invite you to do it again. Feeling is what creates what we have and do. Positive thinking without honest feeling behind it will leave you wondering why nothing's changed. When you learn to consciously create with your feelings you'll start getting better results in your life. Right now you're probably getting results based on your unconscious feelings. The scary part of this is that most people only feel in reaction to what happens to them. I'm teaching you how to create with your feelings instead. This feeling, actually a feeling even lighter and clearer, is the place where my clients learn to live from. If you'd like to learn more about living from an authentic state and read about my Champion Coaching program. This program can support you in experiencing even deeper versions of this ecstatic state. Please re-read this exercise and get precise about what you want. Simply getting conscious about your desires and feeling as if you're already living this way will magnetize it to you. You're creating everyday so you may as well do it consciously to get what you really want. You deserve it, so go for it! |