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Tuesday, June 21, 2011

Top 3 Reasons Why You Fail in Online Business | Online Business Failure Reasons

Its stress-free in place of you to start an Online Business and its besides stress-free in place of you to contract barred of it. I am really you maintain heard of citizens making 6 build takings online and citizens who are jumping from products to products and making nothing. You ask why?

Let me ask you a question. Do you alteration products or programs repeatedly? Many online entrepreneurs resolve and in verity solitary folks with the aim of stay on with a artifact or plan kind it eventually.

Clothed in my view, the quantity single goal on why you can fail your online organization is with the aim of you consider it as a hobby. When you consider your online organization as a hobby, you probably earn a “hobby” check.

Online Business is relatively stress-free to start, and besides stress-free to in place of you to contract barred. I pragmatic with the aim of nearly everyone online marketers did not locate in the effort, they purely consider their online organization like a hobby.

Here is a question in place of you. If you are running a multi million cash company, pardon? Will you resolve, how will you run it? I believe, you will take your organization fatally and locate your rotund effort into it, appropriate? The bottom-line is consider your online organization as if its a multi million cash organization, after that in rebuff schedule you will find out 6 build checks flooding your mail box.

The flash goal with the aim of I believe is the lack of support and help. It will be tough in place of someone not including some online awareness to start their own online organization. Its unquestionably an improvement to toil with a team of online entrepreneurs or internet marketers, or to discover from citizens who are already profitable.

When I basic on track, I knew nothing not far off from internet marketing or website on the increase, I exactly knew nothing by the side of all. That did not bring to a halt me from liability online organization, I united a team of contacts who are already in the grassland and began learning from them. They are my mentors, coaches and high-quality contacts. Ever since, my online results progress steadily.

One way in place of you to know more like minded contacts is to attend Internet seminars and conferences. Get to know more such like minded citizens, preliminary building a team and toil mutually.

The third goal, is with the aim of nearly everyone online entrepreneurs consume a fate of their schedule learning not far off from another techniques, methods and knowledge. They either kept back sense or surfing the internet in place of more in turn. Yes, you probably ask what’s abuse with learning and getting more in turn? I say, applying pardon? You maintain learned is the nearly everyone of great consequence.

You can maintain tons of awareness and in turn in your head but if you are not going away to apply them into your online organization, you will in no way find out some results or progress. So what’s the central theme learning everything? You need to finish pardon? You maintain learned, fine pitch, adjust and convalesce on pardon? You liability, and you find out greater results.

These are the 3 highest reasons I believe why citizens gave up halfway into their Online Business. On top of the 3 highest reasons, you need to maintain the appropriate line and determination. These are the things with the aim of you cannot discover, you need to resolve it and kind it a part of you.

I am a fun loving guy that loves life and truly believes in sharing everything that i learn in this exciting industry known as internet marketing, home based business industry.

Online Business Tips


We offer the latest updates on the business circuit from all over the world – including a special focus on the ups and downs of the global online marketing and business strategies.

We also keep a sharp eye on the valued segments of online marketing such as organic marketing, paid strategies as well as the use of social media and networking portals to help launch viral marketing campaigns. We also dabble in news clips from the financial and corporate arena.

Online Commerce : Trends in 2011

Online commerce is faster, cheaper and more convenient than the traditional methods of bartering goods and services. In the near future, the trend is predicted to accelerate blurring the boundaries between “conventional” and “e business software” marketplaces. Online commerce has penetrated markets for quite some time in the form of E Data Interchange. Here is a look at the latest online commerce trends:

  • Drastically increased and accelerated communication. The importance of customer service will increase incredibly in the future. These centers will be the collection of communication tools that ensures two-way communication with the customers through many channels and in real time.
  • Increased use of Social Media. Companies have realized how they can earn money with the help of social media. Social Media is rather used as a customer service channel for successful companies and they use it to build their brands and communities.
  • Without personality business becomes more difficult. Expectations for e-retailers are increasing and they are considered not only as the supplier of products but as partners who solve problems and can be trusted.
  • The increasing role of returning customers. The more times the customer comes back to purchase, the more valuable they are for us. The marketing, logistics and customer service departments have to work together for efficient results.

These are the hottest trends of online commerce pointing to the fact that Online commerce is here to stay and need of the hour!

Starting an online business – Services Through The Internet

Starting an online business is no child’s play. Nowadays an interesting way to earn money online is through service businesses. Instead of selling a product, you are providing work for someone. There is a whole bundle of job waiting for you over the internet. You can develop a website, you can be a freelance proofreader or write for print and online magazines, do research via the internet for others, or arrange the transportation and delivery of goods – the choice is all yours.

Internet has opened up numerous job avenues. You could be a virtual assistant and help organizations plan, schedule and manage events. There are in fact a lot of other services you can provide virtually. You can post your resume or bid on projects, and if you are selected, you could work with your client to complete the job, and then get paid – often without ever having to speak to each other.

Starting an online business requires to market your service business as well. Building relationships through business websites will help you to establish yourself as an authority. A website listing your services and other helpful information will give potential customers a better idea of who you are. If you desire frequent interaction or need external motivation, this may not be the career for you.

However, if you like the flexibility and challenges that come from working online, starting an online business can be ideal for you. You can carve out a piece of the ever-growing world of online business ideas.

Benefits of Online Business

With world turning into a global village, we can get the latest news and information from all around the world in just a blink of time – thanks to internet. What is the temptation to attract this group of people in strating an online business?

No wonder, people now prefer to start an online business. Below are the advantages that they can gain from starting an online venture compared to Offline Business.

  • Save Your Money: With just a single Personal Computer or laptop and an internet server, you can head start your own online business. Internet is providing the convenience of business promotion too.
  • Save Your Time: You do not need to travel from your house to your working place anymore. With just a single laptop, you can start your business from the comforts of your house.
  • Save Your Manpower: Laptop and software are very friendly employees! They won’t complain you about low pay packets, long Working Hour or even go on strike.
  • Save Your Effort: Your website will work for you 24 hours per day, 7 days per week. You can meet thousands of your customers in the same time.
  • You Can Work At Any Place And Any Time: You can work anywhere you like. At your own home, restaurant, cafe by just bringing along your personal laptop. You can save your money from renting a high cost office and purchasing the furniture for your office.

Going the internet way can bring you the advantages and surely bring down the risk of starting a online business to the minimal level.

——————

Online business ideas

When you’re interested in working from home, there are a number of online business ideas that can help you to use your skills and experience to make a profit. Online businesses are great way to earn extra income because they offer you flexibility. You can run an online business in addition to an office job or as a full or part time job at home.

There are a lot of other services you can provide. As you explore the various opportunities, you will find that you can pursue through sales or service. If you have a product you want to sell by establishing a website with a shopping cart and payment features. Another way to earn money online is through service businesses. Instead of selling a product, you are providing work for someone. You could be a freelance proofreader or write for print and online magazines, do research via the internet for others, or arrange the transportation and delivery of goods. You can post your resume or bid on projects, and if you are selected, you could work with your client to complete the job, and then get paid.

All you need to do is to market your service business. Building relationships through business websites help you to establish yourself as an authority. If you like the flexibility and challenges that come from working online, you can carve out a niche in the ever-growing world of online business ideas.

—————–

Flexibility and low investment

More and more people are eschewing the corporate life to become their own boss. They dream of starting their own business, pursuing their dreams and having more control of their daily life. They want to set up their own home-based businesses. Some issues like time required to devote to the business, availability during business hours, or weekends and evenings, fund availability though appear simple are crucial and often pose a problem.

Your flexibility should match the needs of the business. Some jobs have greater flexibility than others. For example, Tutors, need to be available when students are not in school that is evenings, weekends and holidays. Though private investigators have flexibility but they need to work strange hours. Medical billing professionals need to be available during weekdays so that they can reach insurance and doctors’ offices.

Another advantage of home based business is that the financial investment is usually less compared to open an office. Some of the would-be entrepreneurs are cash-strapped or do not possess adequate funds to start the business they want. Others prefer to go slow and start a business with low cost investment. Home based business is the ideal solution for all. Though every business require some type of investment, typically time or money would-be entrepreneurs can head start with a small fund too as they can bypass the cost of setting up a office. High flexibility and low investment are the two cornerstones that drive small investors to start their own venture.

Flexibility and low investment

More and more people are eschewing the corporate life to become their own boss. They dream of starting their own business, pursuing their dreams and having more control of their daily life. They want to set up their own home-based businesses. Some issues like time required to devote to the business, availability during business hours, or weekends and evenings, fund availability though appear simple are crucial and often pose a problem.

Your flexibility should match the needs of the business. Some jobs have greater flexibility than others. For example, Tutors, need to be available when students are not in school that is evenings, weekends and holidays. Though private investigators have flexibility but they need to work strange hours. Medical billing professionals need to be available during weekdays so that they can reach insurance and doctors’ offices.

Another advantage of home based business is that the financial investment is usually less compared to open an office. Some of the would-be entrepreneurs are cash-strapped or do not possess adequate funds to start the business they want. Others prefer to go slow and start a business with low cost investment. Home based business is the ideal solution for all. Though every business require some type of investment, typically time or money would-be entrepreneurs can head start with a small fund too as they can bypass the cost of setting up a office. High flexibility and low investment are the two cornerstones that drive small investors to start their own venture.

Wednesday, April 20, 2011

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What is your outlook for gold prices this year?



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‘Indians Not Looking To Buy Gold’
Kavya Balaji Interviews Ridham Desai



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A Morgan Stanley survey has concluded that India’s gold demand is likely to fall by 16 per cent (base case) in 2011. The Morgan Stanley Alphawise survey suggests that only 37 per cent of consumers are likely to buy gold in 2011. The rest are either unlikely to do so, or unsure. However, Morgan Stanley expects non-discretionary demand (which is half of total demand) to remain intact for the non-intenders of gold. We talked to Ridham Desai, managing director, Morgan Stanley Research to find out more about the report and his outlook for gold.

The report says that high prices deter buyers. If gold prices correct, wouldn’t demand go up?

We believe prices are currently at peak levels and consumer expectations suggest that they do not expect them to go up further. So, they are not looking to buy gold. Of course, if global risk aversion rises, then gold prices will move up. However, that doesn’t seem to be the case currently.

The report says people will prefer bars and coins over jewellery in 2011. Why?

Though jewellery accounts for 75-80 per cent of consumer demand in India, the survey suggests that Indians are looking to buy gold as an investment than for consumption, which in our view is a positive development.

What are the factors determining gold prices in India?

They are a function of global prices + exchange rate (US$ to Rs) + customs duty.

How does gold demand affect the Indian economy as a whole?

Gold seems intricately linked to real rates and deposit growth and, thus, liquidity in the system. Also, its position on household balance sheets and savings pools has implications on savings and consumption behaviour.

What is your outlook for gold prices this year?

Our global metals analyst, Peter Richardson, targets gold prices to close 2011 at $1,400 per ounce (base case).

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ETFs as an Investing Option for Gold

By Damon van der Linde – Exclusive to Gold Investing News

With investors looking for a hedge against a high-inflation environment, gold is currently a hot commodity, and there is more than one way to invest in it. Although owning physical gold like bars and coins can provide the comfort of being able to literally hold an investment in your hands, those same qualities can make it cumbersome and less streamlined for a very active investor. Gold exchange-traded-products, such as exchange-trades-funds (ETFs) are one option for someone who is interested in trading in gold, but does not want to think about issues like storage or collector’s value.

“It’s cheaper, and that’s the main advantage,” said William Rhind, Strategic Director of U.S. Business Development at ETF Securities. “It’s more liquid, there are no premiums or discounts and it’s based on the spot price. You also know exactly what you’re buying and you don’t need to get it assayed.”

The concept of gold ETFs is that an investor purchases shares of a fund from a trading company at spot price, though a broker or financial advisor may charge commissions associated with the purchase or sale of shares. The company will also charge an annual expense ratio. For example, ETF Securities’ current ratio is 0.39 percent per annum.

“It’s not like a futures contract that is based on a promise to deliver a certain amount of gold upon redemption,” said Rhind. “The way that it works is that when you buy the shares, the amount of gold has to be delivered into our vault first before we can issue the shares. Think of the shares as something akin to a vault receipt for a lump of gold.”

ETF Securities designed the first-ever gold ETF in 2003. Currently, the company has two gold products, the Switzerland-based SGOL, and the Singapore-based AGOL, which was launched in January of 2011. As with gold investing in general, gold ETFs have seen a recent surge in popularity. Rhind says that since the fund was created in 2009, SGOL has grown from nothing to about US $1.3 billion, and AGOL has grown to nearly US $60 million since January.

No two ETFs are the same, and investors should look at several factors before buying shares, depending what they are looking for in an investment. If high liquidity is a demand, a big fund is good quality to look for. Different companies also have unique expense ratios. An obvious consideration is whether the fund you invest in is audited regularly and is fully backed by physical gold.

“Every share held by investors is backed by gold, so it doesn’t matter whether investors are buying or selling, those shares are always backed,” says Rhind. “There could never be a situation where there is a share of ETF Securities in issue that is not backed by gold.”

Some investors are also concerned about the physical location where the fund’s gold is being stored, though Rhind says this comes down to personal preference more than anything.

“A lot of it is emotive with gold and some investors like their gold to be stored in certain locations,” said Rhind. If you’re an Asian investor you may feel like your preference would be to have gold stored closer to you in Singapore. If you’re a European investor you might feel more comfortable with it in Switzerland.”

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