Posts Tagged ‘small business’
Consumers are rapidly changing the way that they spend money. Modern consumers want convenience and better prices even more than ever—in fact, they are demanding it—and they know how to get it too. With the rise of the great and magnificent Internet, a plethora of valuable information has made consumers all the wiser. Along with this phenomenon is the increased interest by advertisers to sell their wares on the Internet, as well as build interest in their retail stores among consumers. Now, the newest phenomenon is the rise of the mobile Internet via smart phones and tablets—and this is only the beginning.
Every consumer wants to feel as though they have the upper hand in making purchases. The modern selling market, with an increase in electronic points of purchase, has opened up more choices for consumers. For most products, consumers no longer have to settle for what’s right in front of them. Today’s consumer can shop around, and at his or her convenience. According to a recent “technology business” presentation at the Web 2.0 Summit in San Francisco by Mary Meeker, an expert in the field, the increasing trend toward online business transactions is officially the preferred way for consumers to shop.
Consumers have driven ecommerce to an all time high. Meeker’s presentation put a spotlight on the tremendous growth of ecommerce over the last decade—retail store sales have risen to a height of approximately 6% with a marked depression of -9% at the beginning of 2009. On the other hand, ecommerce experienced a 30% height with a marked depression of -3% during the same beginning period of 2009. During the observed ten year spread this significant difference in percentage of sales was maintained with only a 10% minimum difference for at least six years straight, with ecommerce dominating the market.
Recovery of both systems were nearly parallel by the end of 2009 until the first quarter of 2010, when both systems started to split with ecommerce returning to a dominant height.
Commerce Going Mobile
Consumers have become savvier as the age of the Internet has pressed on. Comparison-shopping has always been a strategic staple of shopping. This may have called for a lot of legwork, then on to comparison-shopping online—today comparison-shopping can be done on mobile devices. In fact, there has been an unprecedented rise in mobile comparison shopping—while in retail stores 52% of consumers were able to find items at a better price online, 51% found items at a better price at another store, and 34% found negative reviews about an item on mobile devices Q3:2011.
Another selling point being used by merchants is giving preferential treatment to mobile users such as mobile user discounts, mobile coupon recognition, and specialized apps or subscriber programs that send out text messages advising consumers of upcoming deals that they can take immediate advantage of. As I am sure you can imagine, this is a seriously meaningful prospect for merchants and advertisers alike. This has also proven to be a “rejuvenator” of “local commerce” as a direct result of these activities.
According t0 Meeker’s report, the skies the limit on this type of mobile growth.
Business Insider: http://www.businessinsider.com
It has long been rumored that the wretched economic state that we are in has very few opportunities for recovery—one of them being a booming private sector. Start-Up businesses can help with the economic recovery system we need. Individuals that are interested in creating their own business can use their natural talents to get started. Some people have a distinct passion that he or she wants to bestow upon the world—and then there are some people that are not really sure what they may want to do.
With all of the ups and downs in the business world today, certain business paths have opened or widened as other businesses have failed. This has created a whole new way to look at business and the way people earn money. One of the factors of this phenomenon includes an increase of e-commerce, with mobile commerce (or m-commerce) climbing right behind. Keeping this in mind, here are a few great ideas for start-up businesses.
Virtual shopping has created a boom in the shipping business. This natural occurrence has made huge profits for shipping businesses. Shopping malls are becoming ghost towns in favor or the virtual mall. This undoubtedly calls for the consistent need for shipping services and supplies. This is a good time to learn more about the shipping business and how to buy into a franchise.
A lot of business owners need an assistant. However, not all of them are able to afford the space, equipment, and supplies he or she will need to complete the job. This is when a Virtual Assistant, also known as a VA, can be most useful. You can be that useful VA that a professional will pay to help him or her to become more successful. You will need to have your own home/office equipment and a connection to the Internet. The commute is none existent and your only steps away from the cafeteria and employee lounge.
Modern students are getting used to a diversified learning atmosphere—including online instruction. Although this has not eliminated in-class instruction, a lot more students expect some part of their course instruction to be online. There is an accepted convenience that makes this a highly desirable aspect of learning today.
Tutoring is an age-old student aide that can now be brought to a plethora of knowledge needy students. If you are a qualified tutor, you can now offer your services online. You can use one of the many communication portals such as video chatting or email to reach your students. Now you can tutor your pupils despite bad weather, personal ailments, or distance.
Now that you know about all of the different ways you can make 2012 your year to make it big in a private business you can talk to your financial advisor about how to get started. Pool your money resources together to make the necessary purchases. If you don’t have enough money as of yet, it will not hurt to find out how much money you will need to raise too make it to your goals—knowledge is power.
Stimulating a Path to Recovery for Job Seekers
The economy has had a deep impact on the way people are doing business. Most economists believe that it will take a flourishing small business market to successfully stimulate the job market in America.
What Job Seekers Need to Know
Those that are looking for a job may find that they may have a better chance gaining employment with an owner of a small business. As a matter of fact, experts say that it will be easier for a worker to find a job with a small business than with a large business right now. Small businesses have been described as those with 1 – 499 employees.
A majority of large businesses, especially those in the public sector, are so overwhelmed with “human capital” that they can afford to let scores of people go at a time. They simply can’t sustain huge amounts of people right now. These businesses maintain a safety net plan that allows for the streamlining of their workforce on a whim. On the other hand small business owners need help and can’t do without some sort of human support for their business. Because they are so small they have to do a lot of work themselves. Small businesses d0 not have a big business budget to hire large amounts of people at a time. However, with a high enough volume of small businesses, more workers can be extracted from the overwhelming unemployed population and put to work. These new hires can help these small businesses to grow – the ultimate goal for any small business owner.
There may also be a substantial governmental gain for small business owners that hire workers right now. President Obama has presented a job proposal to congress this week, the American Jobs Act, which includes a break for small business owners. Those that hire workers will be eligible for huge tax cuts across the board – up to 50%. This is a definite incentive for small business owners to hire. And this could mean a tremendous boost for the economy as well.
Another thing for job seekers to consider is the fact that small businesses tend to hire more people without specialized degrees or higher education. Once you have the appropriate skill and experience, you may find it easier to get into your field of work. Start-ups can be especially tolerant of staff members without advanced degrees. The focus is on getting the job done. If you can handle that, you are sure to be hired and maintain that job.
There is also a trend within the small business sector that grants more opportunities for a highly diversified range of minorities.
Overall, small firms are creating more jobs than any other sector right now. This is also a trend seen during times of higher than normal unemployment rates from large businesses or the public sector.
With all of this said, the time is now for job seekers to look for employment with a smaller firm to have their own personal needs met. You are welcome with open arms.
Small Business Administration: http://www.sba.gov
Yahoo! News: http://www.news.yahoo.com