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February 25, 2013 · No comments

Is Your Pricing Strategy On Point?

See why the lowest price may not be the right price.

You’ve worked hard to establish your pricing strategy. You’ve considered your costs and you’ve calculated a profit margin. You’ve studied your competitors and have decided on a price you think will be preferable to customers. Why then, do buyers still seem reluctant to make a purchase from you? Read More

February 22, 2013 · 1 Comment

5 Small Business Lending Options

Funding options, what they mean and what online sellers should know

When it comes to business lending, the terms are many, and they may not always be easy to understand. Small business loans, business funding, working capital and quick cash loans, etc. When it comes to business loans, it’s hard to tell which is which and—more importantly—how do you know which is right for you? Read More

February 18, 2013 · No comments

Competitive Analysis Helps Your Business

Competition can actually drive your business to be better.

It’s long been said that competition in business is a buyer’s best friend. When two or more businesses compete for the same customer, the result can be that consumers benefit in the form of a better price, product or service. While it is true that buyers often prosper from competition among businesses, a deeper look reveals that competition—and competitive analysis—can become a seller’s best friend, too. Read More

February 15, 2013 · 3 Comments

Real Life ‘Storage Wars’ Warrior Shares Secrets

Expert tells us how he got into this sourcing venture, if it's been profitable.

When we wrote our first article about buying storage units at auction, little did we know that the whole field would soon be engulfed in scandal. Recently, Dave Hester, one of the stars of the popular A&E reality show “Storage Wars” alleged the show is fake, that valuable and exotic items are planted in some of the lockers to make things more interesting for viewers, and that the bidding is also rigged. Read More

February 12, 2013 · 3 Comments

Sourcing from Retail Wholesale Suppliers, Part 2

Expert shares ins and out of working with drop shippers, selecting partners.

This is the second of our two-part interview with Jason Prescott, whose forthcoming book Wholesale 101: A Guide to Product Sourcing for Entrepreneurs and Small Business Owners will be published by McGraw-Hill later this year. Prescott manages and, global trade platforms for manufacturers, wholesalers, retailers, importers, discounters and auctioneers. Read More

February 11, 2013 · No comments

Be Ready for Anything with a Business Continuity Plan

Ensure your business keeps running in the event of a disruption or disaster.

Nobody knows when business disruptions might occur, but we do know they happen. Rather than be caught off guard and unprepared, you can develop a business continuity plan that can help guide you if disaster occurs. From relatively contained technology disruptions to full-fledged natural disasters, a business continuity plan can provide you peace of mind and, more important, a plan of action to keep your business running in case events take a turn for the worse. Read More

February 4, 2013 · 1 Comment

Strategies to Improve Your Online Reputation

Be active to keep the chatter about your business positive.

These days, the Internet is where all the word-of-mouth chatter has migrated. Gone are the days when it was only a bit of water cooler mention that might include your business or product name, along with a positive or negative assessment about it. Read More

February 1, 2013 · No comments

Build Your Own Online Store, Part 5

Pick the best keywords for SEO and get your store found.

Want traffic to the new online store you just built? It’s simple! Just find the keywords your customers use to search for your business and weave them into the content on your Web store. There’s no guarantee about how much traffic this will earn you, but doing this is absolutely worth your time. Read More

January 30, 2013 · No comments

5 Ways to Simplify Your Online Business

Follow these steps to improve your results and reduce your stress.

Being in business isn’t easy, but it doesn’t always need to be quite so difficult either. As a business owner, you are rightly entrenched in the details of products, services and the methods that keep the customers coming, and the revenue growing. Read More

January 28, 2013 · 3 Comments

Sourcing from Retail Wholesale Suppliers, Part 1

Author Jason Prescott shares sourcing trends, secrets and strategies.

Jason Prescott is the author of the forthcoming book from McGraw-Hill Wholesale 101: A Guide to Product Sourcing for Entrepreneurs and Small Business Owners. Prescott directs a network of global trade platforms for manufacturers, wholesalers, retailers, importers, discounters and auctioneers, anchored by the websites and Read More

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