Date archive for December, 2016

Pricing Guide: MSRP and MAP

by Admin - on Dec 23rd 2016 - Comments Off on Pricing Guide: MSRP and MAP

Online SellerGiven the saturated market today, in addition to the dominance of the online shopping scene, it’s becoming hard to keep track of commodity prices. On one side, you have items that sell for 50% off; on the other, 30% off — but with the same price.

For many customers, this is obviously a confusing scenario, which requires both mindfulness and attention to detail to avoid falling prey to bait-and-switch markups. Businesses selling online are even more unpredictable.

For this reason, the minimum advertised price (MAP) policy and minimum suggested retail price (MSRP) must be stated clearly to preserve the integrity of the product price and the credibility of items sold online.

How MSRP Affect MAP

In plain and simple terms, the MSRP has little to do with MAP when it’s already out in the marketplace.

MSRP is the discounted price available to resellers and retailers when they buy wholesale. So, the reseller may purchase an item for half its price and it will depend on the receiving end (resellers/retailer) to relatively adjust the price based on various market competition factors. Typically, location and target market ratio influences MAP. High-end items for specific target markets can have more than 50% markup.

Online Price Wars

What makes the entire online buying and selling scene so complicated is the diversity of its economy, the complexity of costs, and the demand.

Most, if not all, e-commerce sites will have MAP based on their front-end competitors’ own pricing policies. Generally, these types of online merchants rely on providing discounted rates, which is the primary advantage of online shopping. Since there’s hardly ever a physical store, the MSRP from manufacturers is naturally out of the equation as the providers of the product are often retailers themselves coming from all over the world.

With all these in mind, when dealing with brick and mortar stores or even recurring entrepreneurs, you should have your distinct and independent MAP. This gives identity to the online business and sets it apart from the competition.

Keep in mind that while MSRP still exists, the pricing will automatically be adjusted for online sellers.

Product Quality and Niche Marketing

by Admin - on Dec 22nd 2016 - Comments Off on Product Quality and Niche Marketing

Brand MarketingMarketing is an important part of practically any business. With the growth of competition every day, it would be unwise not to invest in marketing practices that can help you reach your niche.

Here are some tricks on how to market your brand:

The product should sell itself

It doesn’t matter how much you spend on marketing; if your products are simply bad, you will lose customers and have a sorry reputation. On the other hand, properly manufactured, high-quality products that have gone through the recommended reliability testing methods practically sell themselves. When you hear Toyota, you know you’re looking at lasting quality and cost-effective products. That reputation was built on decades of meeting and sometimes surpassing people’s expectations. Toyotas may not be the most exciting cars, but they can run forever while costing less to buy and maintain than competitors, which is what people want when they buy them.

Your marketing should start with the quality of your products. You can gain your customers’ trust by giving them products that don’t give them headaches.

Your marketing should target your niche

When you devise a marketing plan, make sure it is properly targeted towards your niche. To do this, you have to be able to identify your niche first. Demographics are important. But you should also identify their spending habits. As part of your marketing plan, creating a presence on social media requires knowing in which networks your customers are present. Social media can help you narrow down your customers to fit them in a niche.

Establish a physical presence close to your niche, as well. For instance, if your niche involves college students, you can set up booths in colleges for promotional purposes. Potential customers can sample your products and you can also offer giveaways onsite.

Marketing is full of challenges, not the least of which is the expense. To make sure you are not throwing away money for nothing, create great products and pinpoint your niche market.

Downdraft Tables = Solution to Indoor Air Pollution

by Admin - on Dec 19th 2016 - Comments Off on Downdraft Tables = Solution to Indoor Air Pollution

Office EnvironmentWith the numerous advances in technology, you’d think that humanity would prioritize trying to alleviate the environmental problems. The polluted atmosphere calls for a method to sustain cleanliness and it’s a good thing that some manufacturers thought ahead of everybody to craft downdraft tables.

The Power of the Furniture

These specifically designed workstations or tables clean out pollutant from the air. Equipped with a ventilation, it allows the furniture to strain out the pollutants and return clean air to the office space. Getting your employees downdraft tables will surely alter the air quality that you and your employees breathe at work.

The furniture is available in different sizes to provide businesses with the freedom to choose and decide. These function for a number of applications as they can clean up construction or welded materials whether used or discarded.

The Office Benefits

Using this furniture will provide the employees all the freedom they need as they won’t feel suffocated, which leads to more productivity. The cleaner atmosphere will bring about employees that perform better and the machines will be more durable with less wear and tear.

The furniture doesn’t only clean out your air, but it also has a filtration system that helps you save up on the energy bill. If you are able to filter all the pollutants away from your company’s machinery, it will be safe from foreign objects that can potentially clog it. Thus, they will perform more efficiently.

These types of table operate on easily preserved filter that you do not need to replace immediately. It can save your company’s expenses freeing you from the hassle of replacing them from time to time.

Downdraft tables have plenty of advantages to offer. They do not only help you save on your energy bill, increase the durability of your machinery, have filters that last for a while, but most of all provide you with a healthier environment.

Improving Field Service in 3 Effective Ways

by Admin - on Dec 15th 2016 - Comments Off on Improving Field Service in 3 Effective Ways

Field ServiceNo matter what your mobile workforce is for, being able to deliver more and increase productivity is one of the most important aspects of a manager’s job. The ability to cover more ground and resolve multiple issues within a day means that you are getting the best performance out of your workers.

How do you do that? What steps should you take to achieve higher metrics and better customer satisfaction ratings?

We have talked to industry experts to help you determine the best possible ways to improve your services. Here are some bits of advice:

1. Do more.

Is it that simple? Many managers are often caught up in endless meetings that they do not have time to monitor and check their teams and projects. Make sure that you prioritise action before checking in with the higher ups. You must close the knowing-doing gap, so your teams can better benefit from your management.

2. Invest in diagnostics and metrics tools.

A reliable, unbiased party you can get to analyse your metrics is a software. Using service management software, UK firms can offer one of the best decisions you will ever make. You will be able to identify gaps and areas for improvement much easier — as well as determine where problems are coming from.

3. Always ask for collaboration.

Whenever teams come up against problems or challenges, allowing them to create their own solutions is one of the best things you can do. Once they have the right tools, it will be easier for them to decide on a solution that they can all get behind. After all, they are the ones who made it.

Improving service delivery is not a one-time action. It is a continuous process that you need to work on as long as you are on the job. Get the right tools and help your people raise their performance.

Burglarproof Your Home with a Remote Garage Door Opener

by Admin - on Dec 5th 2016 - Comments Off on Burglarproof Your Home with a Remote Garage Door Opener

Remote Garage Door OpenerPicture a well-dressed man in tie and suit, buzz-beating the clock and rushing to his car at the garage to avoid being late for a very important appointment. Would he rather open the garage, drive out, step out of the car to close the garage and drive towards the highway – or simply push a button after driving out of the parking space and rev the car up towards the road?

The answer is obvious

Having a garage door opener remote is apparently convenient for many people, as they scratch out the need to go through the hassle of opening and closing the door of the garage. The remote, such as Merlin door remote, works through a radio frequency that enables the transmission of a signal for the garage door to open or close.

Older vs. Modern Remotes

Older models of garage door remotes include tiny switches that activate codes that can either turn the mechanism on or off. Modern remotes, on the other hand, make use of a rolling code technology that works by altering the codes whenever the buttons on the remote are pressed.

Benefits of Using a Garage Door Fitted with a Garage Door Remote

Set forth below are a few benefits of using a garage door equipped with a garage door remote:

1. You can save money – Using an automatic garage door with remote can help you save your money by lessening the chances of your door breaking down because of being mishandled.

2. You are assured of safety and security – An automated garage door is only opened with the use of a remote controller. As such, before anyone can have access to your garage, they have to first seek your consent. However, you have to make sure that the remote is kept away from the prying eyes.

These are only a few perks of having a garage door that comes with a remote. This said, it is wise to automate your garage door with the use of a door remote.