In the world of Netonomics, getting to know your customers can be critical to survival or failure. Building relationships online can be derived from traditional retail marketing strategies.
Your site can build a profile of each customer via questionnaires or tracking their clickstreams. The information is stored in a database and is used to identify patterns of behavior that are transformed into assumptions or rules, used to predict the shopper’s future likes and dislikes. This…Continue
Added by Mike Daley on May 22, 2012 at 11:23am — No Comments
Most businesses need financing. Unless you won the lottery or inherited a fortune most people start a business with either their own funds or a combination of their funds and financing. Even an established business needs financing at one time or another.
Cash flow is different than profits and profits do not guarantee money in the bank. Entrepreneurs need financing for inventory, payroll, expansion, develop and market new products, to enter new markets, marketing, or moving to a new…Continue
Added by Mike Daley on May 22, 2012 at 11:21am — No Comments
If you search for the topic “items to consider when starting a business”, Google will return 19 million choices to click on. Some have sites 50 items listed; some have 5. This does not count the numerous ads for How to Start a Business, Why Start a Business, etc. I think every entrepreneur has advice for the business start up, and your humble author is included in the group!
Let’s assume you have gotten the entrepreneurial spirit. You know there will probably be no vacations or sick…Continue
Added by Mike Daley on May 22, 2012 at 11:18am — No Comments