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Entrepreneurs Sales & Marketing

3 Ways to Put Fresh Spins on Old Marketing Concepts

Are you struggling to find a new twist for your advertising or marketing campaigns? Tired of sounding like everyone else and want something new and fresh? Never fear. Here are 3 ways to get those creative juices (and new ideas) flowing.

 

But before I get to those, there are a few things you should do to prime the pump, so to speak. What this does is clear your “conscious” mind so your muse will have an easier time sending messages to it.

 

First, review all the information about your product or service. Then, write down all the benefits (why customers would buy those products or services).

 

Now write down all the concepts you have used before or you’ve seen other people use before. This is an important step. You need to move the old stuff out of the way to make room for the new. Writing those concepts down helps do this.

 

Okay, now you’re ready to start generating some fresh ideas.

 

1. Take another look at testimonials. Testimonials are always great selling tools, but that’s not why I want you to do this. Customers may come up with a key benefit you never thought about before, and that may become the foundation for a new campaign. Scour every testimonial you can get your hands on and see if you can find something new. You might want to even try calling a few customers for quick interviews. (Don’t have testimonials? Now might be a good time to solicit some.)

 

2. Study other ads. Flip through a magazine or turn on the television — except this time focus on the ads and not the content. (I know, I know, this is counter to what you usually do.) Which ads do you like? Why do you like them? Are those ads doing something you can modify for your own campaign?

 

The key word is modify, not copy. I don’t want anyone committing copyright infringement. What I’m talking about is using an existing ad to jump-start your own ideas. Maybe you really like the use of an evocative photo with a single caption. Or the use of repetition in Mastercard’s “Priceless” campaign. Or the idea of turning the “money can’t buy everything” on its head (which is essence of that campaign). Can you use that concept in your campaign?

 

Another resource for great ads is Communication Arts Magazine. Each issue showcases some of the most creative and beautiful ads found anywhere.

 

3. Check out what a completely different industry is doing. For instance, let’s say you sell software products to computer professionals. Techy market, right? So, pick up a yoga magazine. See how that industry communicates with its audience. Now try selling your product using the same language and concepts. Take it a step further and brainstorm ways your software product is similar to doing yoga.

 

Why this works: One definition of creativity is taking two everyday ideas and combing them so they become something original.

 

This is a very powerful way to jolt your own thinking and start your muse down a completely different path, one you might never have discovered before.

 

A variation on this idea is to force a connection with a random object rather than an entire industry. You ask yourself, how is your software program similar to a stuffed dog? Write down everything you can think of, no matter how silly or foolish. Sometimes the foolish ideas are the ones that lead to the great ones.

 

A final note: If at all possible, don’t rush this process. Give your muse some time to ponder and play with these techniques. I know it often seems like ideas pop out into your head out of thin air, but usually that only happens because you’ve given your muse the necessary tools and “incubation time” to make it happen.

 

 

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Entrepreneurs

Charles E Phillips and Social Media

Infor Global Solutions is a leading software company that serves customers across the world in a variety of industries, including machinery, apparel and foot wear, finance, automotive, aerospace and pharmaceutical industries. They are the third largest provider of software applications and solutions and have over 12,000 employees in 40 countries. Infor Global Solutions employs thousands of developers, consultants, and support professionals that work with 70,000 customers worldwide. They bring in billions of dollars in revenue on a yearly basis from clients like Macy’s, Ford Motor Co., Hallmark, Mazda, and RadioShack.

Their customers also include 8 of the top 10 aerospace and pharmaceutical companies. Other target industries include chemicals, state and local governments, consumer packaged goods, retail and food processing.

Originally named Agilisys, Infor Global Solutions began doing business in 2002 in Pennsylvania. Infor’s goal was to build as large a global presence as possible. The company moved its headquarters to Georgia, where they acquired Infor Business Solutions. The name was then changed to Infor Global Solutions. Infor Global Solutions can claim more than 30 acquisitions of other software development companies.

Infor’s software products are used for managing inventories, shipments, and human capital across the supply chain. Some of the services that they provide are asset, human resources, and warehouse management. In addition to the latest software, they also provide technical support and train associates in 20 languages and have a business presence in 194 countries.

Charles E Phillips (CEO profile) joined the company in 2010 and has made noteworthy strides in utilizing social media to make even more connections to its clients and affiliates.

Phillips created an innovate approach to educating Infor Global Solutions’ employees on the positive and wide spread uses of social media. Because of his efforts, the company was recognized with the Open Leaderships Award in 2010 by the Altimeter Group, the leader and global authority on social media use for business applications. Infor Global was awarded for its efforts in educating employees on how to use social media to create open and clear interactions with internal and external business associates.

In the first few months of the program Infor’s program, social media usage dramatically increased across Twitter, LinkedIn and Yammer. Twitter alone saw an increase of over 300%. Current growth is a 10% per month for each platform.

Infor was highly commended by the Altimeter Group founder Charlene Li. “What really impressed us was [Infor’s] detailed implementation program, which included contests, parties, and incentives to engage people both at the grassroots level and also involve senior executives,” Li stated. Li was also impressed with Infor’s thorough implementation of social media education.

Phillips has made significant improvement at Infor and seen growth in revenue in the millions in part because of the company’s growing online and social media presence. His primary focus has been increasing the company’s global presence innovation and production. Other strategies he has implemented have led to increased efficiency and revenue. Infor Global Solutions headquarters has since moved from Georgia to New York.

Article contributed by Jenna Smith

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Entrepreneurs

Youngest Entrepreneurs of 2012

Article Contributed by Kevin Schweizer

The business ideas of a few entrepreneurs have changed the culture of society since the beginning of time. For example, Mark Zuckerburg had a simple idea for a social media site called Facebook and now many facets of society and life can be connected to Facebook and its social platforms.

Entrepreneurs come in all shapes and sizes but some of the most groundbreaking entrepreneurs of 2012 are some of the youngest we’ve ever seen. Take a look at four entrepreneurs who have been in business since the ages of 10 and have built businesses in industries from art to eco-friendly ecommerce.

Maddie Bradshaw

10 year old Maddie Bradshaw saw her locker in 5th grade and decided she’d like to decorate it in a unique way. Her search for cool locker magnets came up short and M3 Girl Designs was born. Now at the age of 16, this stylish young girl has created SNAP CAPS, interchangeable bottle caps that are used in accessorizing necklaces, bracelets, hair bows and keepers.  Her company that began with $300 dollars now sells over 50,000 necklaces per month. Maddie has recently finished a book and continues to sell SNAP CAPS as she attends school.

Daniel Schlessinger

At the age of 12, Daniel was an Omaha resident who experienced dry skin in the Nebraskan winters. One day, on a whim, he decided to use lip balm as a way to protect his hands from dryness and cracking. It was through this whim that the idea for the company FixMySkin was born.  At the age of 14, Daniel approached chemists and after 50 formulas, found the correct formula for skincare. Now at the age of 18, his company sells LovelySkin and FixMySkin balms with over $60,000 in yearly revenue.

Jeff Owen Hanson

Jeff Owen Hanson has a genetic condition called Neurofibromatosis that results in visual impairment. It was while he was in the hospital for treatment for his condition that he discovered his love and talent for watercolor. At the age of 12, his artwork was abstract with bright colors and in his first year of painting, he sold over 5,000 watercolor note cards and rose over $15,000 for The Children’s Tumor Foundation. Jeff who is now 18 years old creates larger works of art through using acrylics and watercolors and donates proceeds to charities.

Jason Li

Used cell phones, tablets and other electronic devices have quickly become the fastest growing waste in the United States and to combat that waste, Jason created iRe Tron. In 2011, Jason received a $2,000 loan from his father to launch his breakthrough ecommerce business that provides an eco-friendly way to “throw away” old electronics. Jason’s online company buys back used electronics and restores them to be resold on the market or donated.  Jason, who is in high school at the age of 15, says he’d like to make his company a million dollar business by the time he is in college.

It is through these young entrepreneurs that the future of business and society will grow. Beginning businesses at such a young age has lead these breakthrough business owners to be the next generation’s set of role models and leaders.

About the Author

Kevin Schweizer is the Online Marketing Manager for Phone.com, an internet-based company specializing in home and business phone, virtual office and virtual number services. When Kevin isn’t writing, he can be found watching the NFL and learning about medieval castles.

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Entrepreneurs

3 Top Tips For Budding Entrepreneurs To Earn Profits And Eliminate Debt

Article Contributed by Kavin Matthews

At one point of time or the other, all businesses have to go through a phase of low cash flow. Whether you need loans for the expansion of your business or resisting bad business situations, debt is a legitimate business tool. For whatever reason it might be, debt could grow into a serious problem for any business. If your business has accrued a major amount of debt, you could opt for business debt consolidation. With a debt consolidation program, you can combine your high interest bills into a single reasonable payment.

When entrepreneurs start a business, they span an array of industries and dimensions depending on their profit targets and the amount of funds obtainable by them. Settle on your financial objectives and select a business idea that functions for the amount of funds available to you. Online start-up trades are very common among the youngsters. A number of tech-savvy teenagers are taking advantage of the countless opportunities that are available online. However, these youthful entrepreneurs have to face countless challenges while running their online business. Following are a few brilliant tips for budding entrepreneurs to help them earn profits and eliminate their debts.

1.Be prepared to face the challenges – Running a successful business is never unproblematic. Handling a business is very exhaustive with diverse clients to deal with and customers calling you at every hour of the day. Thus, before you start anything, think whether you actually want to be in the trade or not. You may have a technical bend of mind, but operating a successful business is a totally different thing. With college, work, and all in between, you might soon find yourself toiling 20 hours a day. Think about your goals in life, and take your decisions accordingly. For instance, if you are a member of sporting club, and you want to start a full-time business, you probably can’t manage them both.

2.Make use of all the resources – Often, budding entrepreneurs don’t possess a lot of funds but there are other resources available to them. For instance, if you need to hurriedly take on a photo shoot for a promotion campaign, you could take advantage of your parents’ garage. For few, taking help from friends or family could be a little awkward, but making use of the available resources would be very beneficial for you as a budding entrepreneur. With a bit of understanding and intelligence, a majority of your problems can be lessened by employing the resources available at your fingertips.

3.Build a professional communication network – When you are dealing with customers, you will have to work with established professionals who are placed high up in their individual business hierarchies. Convincing them to take you gravely is the complicated part. Your mantra should be to live locally but to function internationally. Take on the role of a grown-up business professional, and you might be treated like one. Prepare few startling speeches for the times when you need to function locally. Maintain a regular speech and make certain that you can deliver it unflinchingly when required.

About the Author

Kavin Matthews is a financial writer who simply loves to share his knowledge by writing articles. He has written several articles on debt related issues and personal budgeting. To know more, just click on http://www.debtconsolidationcare.com/calculator/

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Entrepreneurs

Facing the Facts of Self-Employment

Article Contributed by Carlo

The majority of people spend the largest part of their life working for a living.  Much of that time is spent working for somebody else.  Today, however, more and more people are choosing the lure of self-employment, which allows you to take control over this major feature of your life.  It sounds great – freedom to set your own hours; nobody telling you what to do; control over your own destiny.  It is great, but some of these factors are over-stated or, at least, the reality behind them is overlooked.  Before you start out on this particular road to freedom, getting some perspective on those concepts is a good idea, as is considering your own strengths and weaknesses.

Myths and Legends

·        Being your own boss means you call the shots, right?  Not exactly; your clients call the shots.  Sometimes work will flood in and sometimes it won’t.  You have to learn how to handle these strange and unpredictable tides and manage your workload.  Most new businesses cannot afford to turn work down, however much they would like to.  Calling the shots may have to wait until you are more established.

·        You’ll certainly be responsible for setting your own hours.  Unlike a regular job these hours could easily extend into the evening or the night.  You may be required to work weekends; lots of them.  Occasionally, you may find that you’ve earned a weekend, can afford to take one and as there’s no work available you’ll have to take it right now.  On a Wednesday.  When the rest of the family is at work or school.  This can be great and it can also lead to divorce, so learning to manage your workload is essential, but it may take some time.

·        The myth that nobody will be telling you what to do should also be exploded before you set out.  You’ll be telling yourself what to do.  You’ll find yourself insisting that you do the accounts, the invoicing, the ordering and the office cleaning.  You’ll be a much harder boss than your former employer, if only because you’ll find it very difficult to take a day off sick.  Learning where the buck stops is an integral part of becoming a boss – even if you are only in charge of yourself.  Getting it right should lead to being other people’s boss in the long term.

Balanced Decisions

Hopefully, despite the above, you’re still planning on running your own business.  These are examples of some of the myths that you’ll need to consider closely, but don’t be put off.  Self-employment offers something that a remarkably few jobs do offer – a real sense of achievement, job satisfaction and can be a hugely rewarding way of life.  At first it can be hard, but as time passes and you learn how to manage some of the above, you’ll find it does become much easier.  There are some factors that you should also consider to smooth the early days – and accounting is one of the big challenges you’ll face early on in the process.

Basic Tools

Keeping your accounts in order is essential.  It is also an area that is overlooked by those new to self-employment.  With the obvious exception of accountants, very few business people have enough experience to feel fully confident in running this side of their business.  Far too many make the mistake of not hiring an accountant from the outset and not using appropriate accounting software.  Online accounting software is an ideal tool for small businesses; allowing you to produce professional invoices and keep accurate and up-to-date records, online software is also flexible and easy to access remotely.  This can save a surprising amount of time and even money.  Simple tools like this are essential and worth the small costs they incur.

About the Author

Carlo is a freelance writer and blogs about business, entrepreneurs and technology covering everything from QuickBooks Online Plus to social media management tools. He loves reading great entrepreneurs biographies and speaking at conferences about how the internet can help small businesses.