The Web 2.0 entrepreneurs are always aware of new strategies to sell more, but maybe now the methods used previously, and that generated huge amounts of money on e-commerce transactions, and fail to cause the desired impact.
Today with the rise of social media and new tools to better market a product, there are new more efficient alternative to a sale. This is demonstrated by a study published by Acquisa and developed by Bitkom high-tech company, where he disclosed the recommendations of products through online stores by customers themselves and through social networks.
In figures, one in four Internet users (34%) are encouraged to buy by the recommendations of other customers of an online store, and the same percentage also done using discount vouchers. About 19% trust recommendations from friends and acquaintances in social networks. In conclusion we could say that the personal recommendations of products also play a more effective than conventional advertising, both online and offline, so that social networks become a weapon of greater significance to advertisers.
In this study, and 56% made a purchase motivated by online advertising. Those who are influenced more by these campaigns are young people between 14 and 29 years constitute 67%. Users over 65 are the people who show more timidly and only one in four (27%) are convinced by online advertising.
The effectiveness is lower in the pop-ups (4%), video advertising (6%) and banners (8%). 12% is still influenced by the classic advertising via email, by 11% reacts to the small ads and recommendations on blogs, while 10% of Internet users prefer to use private pages.
After reading this you will have understood that social networks are more important than you thought or you will have confirmed their enormous role in the development of electronic commerce. You’re probably using some of the advertising strategies mentioned in lines behind, but perhaps it is time to improve.
Today, there is a huge craze of Mergers and Acquisitions among the young generation guys of the modernized world and it had archived a huge popularity all over the world due to its technological related developments as well as globalizations and intensively. The Mergers and Acquisitions generally consider as an integral part of the corporate and financial world. This concept is too used by large numbers of Government from different countries and it is well used for the restricting business related organization in an eminent manner.
It is generally found out that the increment in competition in the global arena results in the motivation of the company for taking the company public Mergers and Acquisitions sometimes like a strategic option significantly. With the changing trend, this merger and acquisitions results in the diversification of the varied sectors associated with an economy field. Nowadays large numbers of private companies preferring the public with an IPO for the purpose of raising the company’s data as well as capital advantageous and beneficial also.
It emerges as a best source for getting the huge success in the business with a unique and great financial strategy too as well. It finally led to the overall development of one’s firm in a great way. Hence, a new business company must prefer such Mergers and Acquisitions to get huge success in their business in a short duration of time.
When starting an online business plan, you have a guide to successfully achieve the goal.This guide will help you develop the business objectives and strategies, in addition to providing a better understanding of the market. This guide will also reveal the strengths and weaknesses you have, plus give you a chance to have a more detailed analysis of your competitors.
You can also include financial projections, historical data and growth expectations into your business plan.
Like any good business plan, this should indicate what the audience being addressed and how the product or service will meet or exceed their needs and expectations.
When you organize a business plan, divide it into sections, such as:
1.Financial Summary: The product or service you offer.
2.Market Analysis: research the product or service and how competition is working.
3.Product Positioning: how to make it more prominent position compared with competitors.
4.Market Strategy: How do you sell?
5.Customer Analysis: examines what the customer wants or needs.
6.Financial Analysis: what you need to invest to start the business and keep it as is just beginning.
7.overall business objectives, we hope to achieve one, two and five years.
Once an online business plan has been prepared, it should be in the back of a drawer. Must be a working plan that can be invoked when needed.
The best way to develop a business plan is to do a simple (one or two pages should be all you need).
Certainly one of the best decisions you can make when starting an online business is to create a plan and follow through with this.