Top 4 Things To Sell To Make Money Quick

Reading Time: 3 mins

So, you’re in a bit of a financial crunch at the moment. You want to make money quickly, without too much hassle and fuss. But you don’t know what to sell to make a little extra cash to help you out.

Here are four things that you can sell to make money quickly and can help you out of your financial squeeze or even to just get rid of some of your clutter for money.

 

#1 Sell some of your old clothing

You’ve probably seen the adverts for Depop and Vinted on YouTube, encouraging people to move away from fast fashion and trade what clothes they have with others and get money from them to help the environment. You can read more about this in this article by Greenpeace.

However, it can take them a little while to sell, so if you need a cash injection but have nothing you’re willing to sell, a short-term loan could help – sites like GrowingPower.co.uk will have more details on this. Do make sure you think seriously about your finances before taking out a loan though, and do shop around to find the best deal for you.

 

#2 Offer advertising and promotional space on social media accounts or your blog

If you own a blog or a popular social media, offering some space for companies to let and advertise on for a fixed sum might be a good idea to get some extra cash in the door. It’s also good for content and can help your page gain more interest. This is a great, no-hassle way of getting some money, whether it’s advertising brands, other accounts, or even just informative sites that want to get more traffic.

 

#3 Sell your old tech to collectors or services

Selling old mobile phones, tablets, and other devices can be a good way to earn some extra money without putting in much effort. This can be great if you need an extra couple of pounds. However, prices will vary on what you give and what condition it’s in, so you might not get as much as you were hoping for. This can be a quick and easy way to get cash.

 

#4 Sell old CDs, DVDs, and games 

These might have some interest in certain communities if they are rare, but the likelihood is, you are going to need to look up some similar services to what you may have considered for selling your old tech and devices. Prices can, again, vary depending on what you are selling to them, and that can mean that you might not get as much as you hoped. However, something is better than nothing, and it might help you clear some clutter too.

 

A few final thoughts

To conclude, it can be tricky to find cash. However, by selling the right things, you can make a little bit of extra money quickly. By selling old clothes, offering advertising or promotional spaces on your social accounts or blogs, or selling your old tech or DVDs, CDs and games, you can make a little extra money. This can be great if you are a student needing some quick cash, or you just need to clear up some of your clutter.

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

The post Top 4 Things To Sell To Make Money Quick appeared first on MoneyMagpie.

4 small business tips to boost profit

Reading Time: 3 mins

Small businesses face competitive environments and have to deal with constant disruptions. To thrive, small business owners need to create processes that help them increase their profits over time.

According to SEMRush, 66% of small businesses report facing financial challenges, and 43% claim paying expenses on time is the most significant challenge. In the light of such statistics, it’s clear that small businesses need to brainstorm ways of boosting their profits.

Here are 4 ways in which small businesses can increase their ROI and ensure their time is well spent.

 

REVIEW YOUR PRICING STRATEGY

Pricing is a tricky topic, and there’s no single right way to go about it. Any increase in prices will contribute to profits, but it might lead to lower sales volumes. You also risk displeasing your customers, which might lead to lower revenues down the road.

Begin by examining the value drivers your customers adhere to. A good way to do this is to directly ask them what they believe is an expensive, cheap, and borderline expensive price. Placing yourself just below the third category will result in your charging the maximum possible price you can while leaving your customers feeling that they’ve gained something of value.

Make sure you ask your customers clear questions and don’t give them too many options. For instance, if you ask them to rate their feelings on a scale from 1-10, you’ll end up with a mess since people evaluate the emotional impact behind those numbers differently.

Instead, limit them to 3 options, and you’ll gain more clarity. It’s also helpful to review your supplier contracts to check whether you can squeeze any more margin out of them. You don’t want to destroy your supplier relationships, so always pursue a win-win strategy.

 

UNDERSTAND YOUR TIME

Time is all-important for a small business. As an owner, you won’t have much time to deal with tasks, and your resources will be considerably stretched. Managing your time is essential, and this is why you must install a time tracking system.

Have your employees log what they’re spending most of their time on, and you’ll figure out where time leaks occur. For instance, you might find that unscheduled visits and unexpected events account for many challenges since they disrupt your regular workflows.

In such situations, it’s often best to use an online scheduling tool that can help you communicate your availability to customers better. For example, you can reduce cancellations with online scheduling and timely reminders for appointments.

Needless to say, the additional time tracking you’ll implement will rub some of your employees the wrong way. They’re likely to view it as micromanagement. You need to assure them that micromanaging them is the least of your aims and that the entire exercise is about ensuring that your business’ time is well spent.

By accounting for your time better, you’ll be able to spend more time in activities that increase your profit margins.

 

PRIORITIZE MARKETING

Marketing is more important than ever before these days thanks to the intense competition. More businesses are online than ever before, and this means you need to be present across social media and have a credible web presence.

Many small businesses neglect their website design and social media accounts because they believe that foot traffic will remain high no matter what. This might be true for the moment, but there’s no doubt that more consumers are researching products online than ever before.

Neglect social media, and you might be nailing a coffin on your business. Make sure you maintain your brand’s image consistently throughout your online channels and interact with your customers. Consumers prefer dealing with companies that present a human face, so you must come across as personable on your social media accounts.

Prioritize channels that are bringing the best results for you and always measure the key metrics that drive sales.

 

INVEST IN PEOPLE

Your employees are the best resources you have, so make sure they’re happy and cater to their needs. Prioritize recruitment and seek to attract the best candidates possible. It’s helpful to simplify clerical tasks such as expense reporting and payroll to make sure your employees face the least bureaucracy possible.

Offering training programs and other financial support such as continuing education programs is a good idea if you can afford it. At the very least, make sure you’re doing your best to ensure the workplace is a happy one and that your employees’ needs are being met.

Offer your employees clear career growth paths that will help them remain engaged in the workplace. After all, no one wants to remain stagnant.

 

BETTER PROCESSES FOR GREATER PROFITS

Every business is a collection of processes. The better they are, the greater is your chance of making more money. Focus on these 4 tips, and you’ll hopefully manage to increase your profits and safeguard your business through tough times.

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

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How To Make Money With Microsoft Rewards (3 Steps)

Reading Time: 8 mins

These days, the options for making money are endless. 

From starting an eCommerce website where you sell fashion items to investing in real estate and everything in between.

But, few methods make earning money as easy as the Microsoft Rewards Program does. 

Microsoft Rewards is one of Microsoft’s most popular programs that allows you to earn rewards by using a variety of the company’s products and features. 

It has been running for a long time, and while it has changed over the years (for example, the website’s branding), many people still use the program to make extra money each year. 

With the right commitment, this program can help you earn a ton of points.

You can then redeem these for money by way of gift cards for Microsoft products, as well as other products from Amazon, Target, etc. You can also redeem your points for sweepstakes where you can win awesome prizes. 

If this sounds exciting to you, then read on to discover more about how to make money with Microsoft rewards, and the 3 steps you can take right now to start raking in the points.

 

How Does the Microsoft Rewards Program Work? 

Microsoft rewards work in a very simple way. 

Basically, the program pays you a specified number of points to do any of the following:

  • Browse the web using Microsoft’s search engine, Bing
  • Use Microsoft’s browser, Microsoft Edge to conduct online searches
  • Play Xbox games, download apps, and complete quests
  • Rent and watch Microsoft movies and TV
  • Complete daily activities and fun offers

All you have to do to start earning money is create a free Microsoft account and stay signed in while you accomplish the tasks outlined above. 

In other words, you will be getting paid to do things that you already do – just make sure you do them using Microsoft’s products.

Each point is worth $0.001, which means you need about 5,000 points to earn a $5 gift card.

Racking up Microsoft rewards points is easy when you create a plan and stick to it. In no time at all, you will be able to earn your way toward amazing rewards, such as:

  • Gift Cards
  • Games
  • Movies
  • Sweepstakes
  • Nonprofit Donations

… and much more.

To give you an example of how this works, each search you perform is worth three points, which means that if you commit to performing 50 searches a day, you will accumulate 150 points easily just from this one method. 

Over the course of a year, that amounts to over 50,000 points, or a $50 gift card. 

If you work online, you’re probably conducting this number of searches every day anyway, so why not use Bing, instead of Google, and get a free lunch on Microsoft?

All you have to do is create a schedule that you can follow to ensure that you’re earning every day and consistently working toward your goals. 

You can also team up with everyone at home and work together with your family to earn even more points and hit your targets faster.

But, you can take this a step further and implement other strategies that we will outline later in this article to help you maximize your earnings every year.

 

About Microsoft Rewards Status Levels

Microsoft’s rewards program has two status tiers: 

Level I: This level is basically worthless because of how slowly it earns. Anyone stuck at this level can only earn a maximum of 50 points daily from searches. 

The good news is, achieving Level II status is easy. 

All you need to do is earn at least 500 points in one month, which will be easy to do if you are searching every day. It will only take you 10 days to reach 500 points.

 

Level II: Once you reach Level II, you get to stay there as long as you continue to make 100 searches or more every month. 

All the points you earn in Microsoft’s rewards program count towards your status. 

How To Make Money With Microsoft Rewards (3 Steps)

The best part about being on Level II is that you can earn up to five times more points when using Bing. 

You can also save up to 10% on rewards (e.g. a $100 gift card will cost you 91,000 points, instead of 100,000). 

Furthermore, Level II users get access to pages, emails, and popups with exclusive offers for even more opportunities to earn points.

Note: The rewards program is available across multiple regions in various languages. You can check your “Rewards” page for current offers in your region. 

 

Making Money with Microsoft Rewards in 3 Steps

Microsoft Rewards are the closest you will come to getting free money

Listed below are the three most effective methods you can use to start earning rewards points right now.

 

1. Search with Bing

There are many reliable Google alternatives, one of which is Microsoft’s own search engine, Bing. 

The company rewards you every time you search using Bing, and you can level up even faster by using their browser, Microsoft Edge. 

You get 5 points for each hour spent actively browsing the internet using Microsoft Edge, up to a maximum of 150 points each month. 

Although this doesn’t sound like much, it adds to your total and helps you reach your goals that much sooner. 

You can also search the web using Cortana or through the search box on the Windows 10 taskbar. 

To earn points when using your mobile device, simply set Bing as the default search engine. 

Alternatively, you can use Bing’s app or even Microsoft’s Launcher for Android app. You can earn even more points using the Microsoft Edge app.

However, it’s important to note that not all methods for earning mobile rewards are available in every region.

Here’s a quick summary of how much you can earn each day from browsing: 

  • On the desktop, you can earn up to 150 points (5 points per search)
  • On mobile, you can earn up to 100 points (5 points per search)
  • When using Microsoft Edge as your browser, you get 20 points bonus daily

Earning points every day is easy for someone who already works or spends a lot of time online. 

However, for those who don’t normally conduct this number of searches, you can still earn points easily by visiting the Bing homepage on your desktop and bringing up the “slider” located at the bottom. 

You can then click through the slides, which take you to the trending stories of the day. If you click through these from start to finish, you’ll typically end up with at least 100 points. 

Clicking down on the search box for the auto-completed trending searches will help you earn the points balance. 

Alternatively, you can conduct your own searches on topics ranging from dog fashion to predictive dialing software. Either way, you’ll earn with each search. 

You can use the same strategy on mobile, as well.

Long story short, when you add all of this up, you can earn up to 1,890 points every week. 

That’s over 7,560 points per month just by switching to Microsoft’s search engine. 

Over the course of a year, you will be able to earn 97,860 points. With that, you can get a $100 Microsoft gift card and still have points left over.

 

2. Complete Fun Offers

How To Make Money With Microsoft Rewards (3 Steps)

Microsoft also allows you to earn points by playing fun games and quizzes on their “Earn” page. 

You will find a ton of opportunities for earning points, including:

  • Doing daily sets
  • Taking quizzes, polls, and surveys
  • Playing trivia games

…and much more. 

These offers are updated daily, which means that there are always opportunities to earn more points anytime you want to. 

The weekly sets are a collection of activities to help you unlock bonuses, and much more. Completing these activities every day creates “streaks” which allow you to earn even more points the longer you continue to play. 

The amount of points you earn with these fun offers varies, with some paying 10 to 20 points, while others can pay 100 points or more. 

The activities also vary in nature. However, for the most part, they are all very easy to complete, and you’ll even earn points for ridiculously simple things such as: 

  • Setting a goal
  • Taking a Microsoft Rewards tour

…and so on. 

An easy way to earn points in Microsoft rewards is to simply check for new daily sets on the rewards page. 

These daily sets average around 40 to 70 points every day and they contain 3 clickable activities which sometimes offer even more points.

If you click on an activity, you will be directed to Bing where you can conduct a quick search for 10 to 20 points. 

Oftentimes, there will be an activity hunt or quiz where you have the opportunity to earn 50 points by answering questions or finding the hidden object. 

If you finish each set every day, you earn a bonus of 150 points every 10 days. The streaks help you earn a lot faster, so it’s a great idea to keep searching every day and doing the daily sets.

Other streaks are as follows: 

Streak 1: 3 days – 45 points

Streak 2: 5 days – 75 points

Streak 3: 7 days – 105 points

Streak 4: 7 days – 105 Points

Streak 5: 7 days – 105 points

Streak 6: 10 Days – 150 points

Every 10 days from that point on – 150 points

That’s easy money, especially when you consider that the points total bonus only increases if your streak continues past 8 days

If you add this up, you can see that it’s a 210-point bonus that you can earn every 30 days for simply completing the daily sets. 

Accounting for the streaks, that’s an extra 405 points, not including the searches on Bing. So, in total, you can earn up to 615 points every month on the daily sets and streaks.

 

That’s all great! But is the Microsoft Rewards Program safe? 

Unlike many other sites that offer to pay you to complete offers, Microsoft’s rewards program doesn’t pose a risk to your personal information since they don’t ask for any of your information, such as your phone number, email, etc. 

This is a huge benefit because it means you can start earning money from their offers without incurring any downsides. 

That’s because the entire program isn’t about Microsoft secretly gathering data on users or performing clandestine customer behavior analysis.

Rather the search engine wants to find ways to boost user numbers so they can compete with Google. 

In other words, they are paying people to help increase their web traffic, which is currently being severely underutilized.

 

3. Earn Points with Xbox Game Pass Quests

With Xbox Game Pass quests, you get to earn points playing the games you love. 

All you need to do is register to be a member of Xbox Game Pass and you can start earning Microsoft rewards points by playing any of the games in the Xbox Game Pass library. 

Each of these games is unique and exciting, with high-quality graphics which makes the entire experience one of the most enjoyable ways to get free money. 

To start amassing points, first, browse current quests in the Game Pass section of your Xbox to discover new quests. 

Alternatively, you can use the Game Pass mobile app to look for new gaming quests every day.

Next, choose the quest that you want to participate in, and when your quest is ready to be turned in, you will receive a notification. 

You can then claim and check your points. Once you hit the threshold, you can redeem your points on the Microsoft Rewards app for Xbox gift cards or use them for in-game content, devices, games, apps accessories, movies, and much more.

 

Conclusion

And that’s it for our article on how to make money with Microsoft rewards.

Anyone looking for easy ways to make money every day from activities you’d be doing anyway, you’ll find tons of value in this post.

If you’d like to take your money-making efforts further, you might look into digital marketing, where you can make money from selling affiliate products, hosting webinars, or becoming a consultant. 

 

Author Bio

Burkhard Berger is the founder of awesomex™. You can follow him on his journey from 0 to 100,000 monthly visitors on www.awesomex.com. His articles include some of the best growth hacking strategies and digital scaling tactics that he has learned from his own successes and failures.

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

 

The post How To Make Money With Microsoft Rewards (3 Steps) appeared first on MoneyMagpie.

Tutoring 101: Earn An Income Being An Online Tutor

Reading Time: 4 mins

In our current world, everything is online. It’s the new way to do things and, to be honest, makes things a lot more convenient with our busy schedules, families, and sometimes simply not wanting to leave to go anywhere.

In addition, people are always learning and trying new things, going to school, or learning a new language. All of this can be daunting, scary, and overly exciting, but what if you need help? Online tutoring is a popular thing too now and lets people from all over the world tutor others.

 

Beginning as a tutor

Working as an online tutor is a legit way to make extra income, with flexible hours, all while helping others. Many people are students or work full-time jobs, or both, but still want to tutor. Or they know and need the extra cash, which is also totally fine and understandable. Naturally, there are different tutoring programs and prices, and people are looking for the best ones.

 

Is online teaching effective?

People sometimes ask if online tutoring is even effective, or at least ask if it’s as effective as tutoring in person. Several studies show that tutoring online can improve learning outcomes and is actually MORE effective than in person! Vocovison, which focuses mainly on tutoring children, shares how important tutoring is.

It’s far more accepted now that even old people need help – not just kids. With more and more people older than traditional college-age going back to school, this is more true now than it has ever been before. This counts especially for someone attending class and not quite getting it or needing extra help. Often, it is extremely challenging to get that one-on-one attention in a classroom, especially if you attend a big university.

Online tutoring can also take away the nervousness of meeting someone in person. Not only that, it’s beneficial to the person tutoring, saving them travel time/cost to the potential student’s house and letting them work around their busy schedule.

Online tutoring is undeniably challenging, and the key elements that may be missing online need to be identified, but once this is done, it has the potential to be just as good as in person and, once again, way more convenient for both parties.

 

How to get paid as an online tutor

Another challenge, of course, is money and finding well-paying tutoring jobs. Naturally, how much is acceptable varies from person to person.

Still, there are well-paying online tutoring jobs out there, if you look, that have different ranges to satisfy different individuals. On websites such as Preply, you can always find open requests from qualified people in their specific subject matter communicating with students who are requesting a certain tutor, and you can set your price on your profile.

It works both ways; people can seek each other out. Sometimes someone will not want to make the first move even if it is beneficial to them. Many people have a problem connecting with others and give up quickly because they could not find the thing they needed.

Here you can create a profile with the pay you are requesting, as well as to show what you care about and what you are wanting to tutor in, and let people come to you.

 

How to get started?

To begin, it ‘s at simple as clicking a button that says, “become a tutor.” It’s straightforward, and the web-page explains how to go about things and even goes deeper into what, when, and where.

Students often seek language tutors, but tutors are also teaching in other subjects such as business, JavaScript, or even music! Most of the tutors have higher education degrees such as masters or doctorates and are truly knowledgeable in their area, willing to teach and be productive while able to remain patient. And, depending on what the tutor is teaching, they can make more, especially with computer science or things such as JavaScript.

The good thing is the students requesting a tutor offer what they are willing to pay per hour, so there is no guesswork, and the tutor can pick which position they want to accept. With distance tutoring there are also no overhead costs, so ultimately it’s also a lot cheaper, and tutors are saving money not having to commute who knows how far.

 

Why tutor?

Tutoring can be extremely rewarding and fun. If you have always wanted to be a teacher or want to help someone enhance their skills, tutoring is the route for you. You can create different ways to help your student and watch their progress.

You get the engagement online without having to leave the house. It is extremely high-tech, yet personal, and online tutoring is growing. There is a world of online tutoring services out there, and the best thing to do is just google or research however you prefer to do so, and find out what works for you.

Reading up on the benefits is also a nice idea because it helps focus on the positive aspect of things and takes away a bit of the fear if you haven’t done it before. Many people are used to the traditional ways, but our world is changing, and the online world is becoming more understood and normal. So, dive in and learn!

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

The post Tutoring 101: Earn An Income Being An Online Tutor appeared first on MoneyMagpie.

6 Elements That Make A Memorable Interaction At A Business Event

Reading Time: 5 mins

Networking events are a great place to expand your list of useful contacts and if you are running a business, the people that you meet can help you drive your company forward. The problem is, it’s tough to make an impression at these events because there are so many people there. If there is somebody there that you really want to work with, you need to make sure that they leave with you at the front of their mind. That can be difficult when they have spoken to hundreds of people throughout the day.

The key to performing well at networking events is understanding what makes you memorable. When they leave at the end of the day, what aspects of the interaction do people remember and what makes you stick out from the rest of the crowd? These are the things that make you memorable during a networking event. 

 

Your Pitch 

Before we look at anything else, it’s important to remember that your pitch is always the most important thing. Even though you are not giving a formal pitch, you are still telling people about the business and why they would benefit from working with you. It’s important that you are not pushy and you don’t launch into a full sales pitch because this leaves people with a bad impression. However, you do need to make sure you communicate all of the best things about you and your business in a concise way. So, work on a simple elevator pitch and work this into conversations with potential contacts. If you can demonstrate your value without being overbearing, you can create a memorable pitch. 

However, your pitch will only be memorable to people if it is actually relevant to them, which is why it’s important that you target the right people. Before you attend an event, you need to spend time researching who is going to attend so you can draw up a list of people to speak to. Think about the event itself and who it is aimed at too. For example, if you want to build a network of female entrepreneurs, there are specific networking groups for that. By finding the right event and targeting the right people, you can make sure that your pitch is memorable.

 

Your Handshake 

When you meet a new person, they instantly start making a judgment about you, and that usually begins with your handshake. You might not think it makes much difference but it can actually tell you a lot about a person. If you don’t have a confident handshake, it makes you appear less accomplished and people are less likely to remember you. However, if you come in too strong, it could give the impression that you are a bit of a steamroller and people won’t want to work with you. 

The key to the perfect handshake is to match the pressure applied by the other person. This can take a bit of practice, but once you master the perfect handshake, you can make sure that you don’t give the wrong impression and you start every conversation on a positive note. 

 

Your Conversational Skills 

Although your pitch is important, people will take notice of your general conversational skills. If you have a positive, relaxed interaction with them, they will remember you. If you have a very awkward interaction, they will still remember you but for the wrong reasons, and they certainly won’t contact you again afterwards. So, it’s important to brush up on your conversation skills. 

Firstly, make sure that you are always polite and you introduce yourself and chat for a while before launching into your pitch. Make sure that the conversation is meaningful and interesting to the person you are talking to. You should already have an idea of what to discuss because you have researched the people you are talking to. Talk about industry-related things so you can engage them and demonstrate your knowledge. During the conversation, make sure that you leave space for them to respond too. People won’t have a good memory of their conversation if you talk and talk without letting them get a word in edgeways.

Eye contact is also incredibly important. Modern technology and a reliance on screens often mean that people don’t make eye contact as much as they normally would. When engaging in conversation, make sure that you maintain eye contact as it shows people you are interested in what they are saying and that you are sincere. Just make sure that you limit eye contact so the situation does not become uncomfortable. If you are not particularly good at holding eye contact, practice in normal conversations outside networking events. Sometimes, it can feel unnatural at first but as you practice more, it will become second nature. 

 

Your Business Card 

If you are talking with somebody and you feel that you would both benefit from further contact in the future, you need to give them your business card. At a networking event, people are going to end up with a lot of business cards, so you need to make yours stand out. Using recycled business cards is a brilliant way to show that you are a socially conscious business owner, which is a priority for many people these days. The design of the business card is important too, so think outside the box. If you go for a boring white business card with your name and contact info on it, you will be forgotten immediately. Make sure you incorporate your branding and create an eye-catching business card. When people are going through their stack of contacts and deciding who to follow up with, your business card will jump out at them and they will immediately remember the interaction they had with you. 

 

Your Etiquette 

Etiquette is very important at networking events. Even though people are there to meet new contacts, that doesn’t mean you can just barge into a conversation with somebody that you are interested in talking to. If people are already engaged in a conversation and you butt in, you come across as rude and the interaction won’t be a positive one. So, make sure that you read the room and try to approach people as they are wrapping up a conversation and introduce yourself. If multiple people are talking, look at the way they are standing to see whether they are open to others joining. If they are in quite a closed circle, not leaving any space, this means that they are in the middle of a discussion and it isn’t a good time to introduce yourself. However, if they have quite an open formation, it’s likely that they are just chatting and they are looking for more people to join the conversation. 

 

Your Follow Up 

Finally, you need to get the follow up right after the event. If you come in with a long email pitch right away, this is going to make you look pushy and put people off. However, don’t make the mistake of waiting too long because somebody else will get in before you. It’s important that you contact them a few days after the event and just send them a simple email saying that it was great to meet them and ask if they want to set up a meeting soon. This shows that you are invested in the relationship but it doesn’t become overbearing.

 

These are the things that make a memorable interaction at a networking event. If you can get all of these elements right, you will see a good return from your next event. 

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

The post 6 Elements That Make A Memorable Interaction At A Business Event appeared first on MoneyMagpie.

Understanding the Benefits of Mobile App for Small Businesses

Reading Time: 5 mins

From the first mobile phone being sold in 1983 for around £2,500, the mobile phone has come a long way to playing a massive part in most people’s lives.

We use it to communicate with loved ones, for social media, taking pictures or video clips, as a diary, music player, for work, for entertainment – we could go on and on about the beneficial features, but we’re sure you know for yourself how invaluable your mobile phone is. Part of this is to do with the apps created for use on it that allow you to interact with businesses online.

From a business perspective, this is a must-have tool providing access to potential customers, so if you’re a small business owner without an app for your small business, this article explains the benefits of having one created for it.

 

Connecting to Customers

Let’s start with some facts: from 2008, the average amount of time spent on our phones has increased from a few minutes a day to three hours. In 2014, mobiles overtook desktop computers to access the internet, and that has been increasing year-on-year. Additionally, 90% of users’ time was spent on apps and not websites. Therefore, you need to seriously consider moving from face-to-face contact with customers and think about having an app to give them a better point of contact.

The first thing you need to do is research. Think about what you use your mobile phone for and the apps that you’ve downloaded. What do you like/dislike about them? Then, look at the apps your competitors have, considering what you like about them or would do differently for your business’s app. You’ll begin to form an idea about what you want for it, so now you’ll need to find a frontend development company that can bring your idea to life. Looking online will allow you to see their work and even look at reviews. It would be good to select a company that has experience of designing apps for businesses in your sector. This is because they’ll know the integral aspects your app will need to provide a robust interface for your customers to use at any time of the day or night, and anywhere they happen.

 

Engaging with Customers

Your business needs to reach out to customers to enable them to engage with it, and having an app enables this. Connecting to customers was once expensive, as it would typically include an advertising campaign, which may involve radio ads, billboard advertising, as well as taking ads out in various printed mediums. Mobile apps have drastically changed this, as has the internet. You want to get as close as you can to your customers, offering them a place to interact with your business, which your app can provide.

Another thing to consider is that, on average, people have around 26 apps on their phone – does that sound a lot? Most of them will not be providing the products or services that you are.  Besides, 26 apps is nothing when you think about how many websites your business’s one competes with, which is millions.

With a mobile app, your business would

  • Be visible at all times for both your customers and potential ones
  • Easy usability, with visible transaction options
  • Set up payments to be made in the app
  • Providing support mechanisms, like online chat facilities via the app

Along with this, you could incorporate more social features to interact with your customers, such as

  • Having a space for customers to leave a review or comment
  • Enabling customers to have favourite items listed for a better shopping experience
  • Providing an easy way for social media integration

 

Promotion

If you have any special offers or promotions for customers, or potential ones, you can have it running via your app.  Push notifications are a considerably invaluable feature because they won’t get caught up in spam folders. It enables you to post timely, location-based, and relevant messages, for the ultimate personalized customer experience.

It’s worth thinking about the way you plan to do this, because you want to reach out to customers in the right way and at the right time, without being overbearing or constantly using pop-ups because this can spoil the shopping experience. For instance, emojis on push notifications have roughly double the opening rates than notifications without them.

To promote your app, you’ll need to work on your app store optimization (ASO) to ensure yours doesn’t get swallowed up by competitors and stands out. This will include how your app is designed and how different it is to those operating in the same market as you. Other things that require consideration are

  • The uniqueness of your app name – how similar are others to yours? You want something that totally stands out.
  • The amount of relevant keywords in your app that are typically used by users and how much they feature in your app. Be careful not to keyword stuff as this can have a detrimental effect on your search engine ranking
  • Your app description. Keep it current and regularly update it. Mention its value and the updates you’ve made to it, as and when you do.
  • Your app ratings. Do you have them? What can you learn from them? If you don’t have any, you can always ask customers to leave a rating or review via an after-sale email or notification.

With more people relying on reviews and ratings, this is an important part of the promotion process. From a business perspective, it can help you refine aspects of your service and acknowledge things that customers like.

 

Added Value

The success of your business will eventually all point to your customers having a meaningful experience. If customers respond to the way you reach out to them, then you want to make sure that your delivery is on par to none. The more you take care of your customers’ experience, in terms of their convenience and needs, the more success you’ll have.

One way of doing this is to provide different points of contact to fit in with their lives. One effective way is to use your app to run a loyalty programme. So the more customers engage with your brand and product or service, the more rewards they’ll receive. Cater these rewards to the products or services they use so that they truly benefit from being loyal to your business.

Use various social media platforms to promote your loyalty programme. Make sure you know what platforms your customers and potential customers are likely to use for maximum impact.

Having an app for your business is as important, if not more so, than having an online presence. However, you need to have an app that will get your business noticed and not blend in with others. Hiring a frontend developer is vital if you’re serious about increasing your business’s exposure and profits. Finding one that will meet your business’s needs is the first step to doing this, and the reasons we’ve set out should make you do this sooner rather than later.

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

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How to Start a Garage Door Business

Reading Time: 4 mins

As your own boss, you have to face various challenges. All of them depend on the kind of business you own and your field of expertise. If you want to be a successful entrepreneur, you have to think about many things and know about the basic rules of a business organization.

If you have a garage door business, good organization is essential to keep everything running smoothly and ensure the best productivity. However, that’s not everything. We’ve contacted a garage door specialist in Portland and asked him for some business insight. Read on to find the most useful tips on how to organize a garage door business and keep it running like a well-oiled machine.

 

Acquire the Skills

To start a garage door business, you need to acquire the necessary construction skills and have at least general knowledge of how garage doors work. If you don’t, it may be helpful to team up with a person who already has experience in the industry – this way, they can take care of the constructing and contracting works, and you will manage the rest.

 

Set Up a System of Order

The system of order can be your first step towards organizing and running a successful garage door business. Start from the very beginning and plan everything – hiring people, finding clients, taking care of marketing, etc. Be certain that you take time to create a plan for each project you have and set realistic goals. Make sure you know what you need to do, how long it will take and which methods you will use.

 

Schedule Your Time

Plan your day, week or month in advance, so you can make the most out of your time. Don’t forget about your important business meetings and appointments with clients and major partners. If you are like most people, your schedule will be busy, especially if you run a full-time job as well as being your own boss. It is wise to prioritize your tasks and mark the most important ones on top of your list.

 

Create a Filing System

A filing system is essential for every business, as it allows the company to have all necessary paperwork in one place. You won’t waste time looking through piles of documents trying to find one specific piece of paper. You will also have easy access to your customer information and other data. It can be helpful to use a combination of electronic file management tools (such as digital storage devices) and paper files.

 

Keep Everything Clean

Keeping your office organized goes hand in hand with cleaning up your workspace regularly. It is necessary to declutter from your office area and clean up any trash or debris around the building. Try not to let your workplace get messy, as it can make you stressed and affect your productivity. Put away all unnecessary items from your desk or office area so you won’t get distracted by them.

 

Use Technology Wisely

If you want to make things easier for yourself, try using smart technology gadgets that can make your work more flexible and efficient. For example, you can install a video surveillance system to protect your property from theft or misuse. The cameras are installed throughout the building, so you can check the recording whenever you want.

Also, don’t forget about various software programs that can help you organize all your data more efficiently. For example, scheduling software can help you plan your work, while accounting software enables you to check your expenses without having to go through piles of documents one by one.

 

Make Your Business Well Visible

In order to get more customers, you need to make your business well-known and provide the best customer service. This can be done by ensuring that your company is easily accessible by your clients and other people who might be interested in your services.

Try to make your company’s website user-friendly and informative, so potential clients will know all the information they need before contacting you. Make sure you have a contact phone number and address available on your site as well. Also, make sure that your personnel is trained in dealing with various customer issues and inquiries.

 

Think About Marketing

If you want your business to grow, you should come up with a few ways of promoting it. You can run advertising campaigns, participate in local events, publish company information in local newspapers or magazines and so on. You can also offer free consultations or use various social media platforms, such as Facebook and Twitter, to attract new clients.

You should always keep an eye on what your competitors are doing, as some of them might come up with great promotional ideas that you can use for your own business.

 

Get Insurance

In case something goes wrong, you should be prepared for all possible outcomes. It is wise to take out a good insurance policy that covers your car, building, equipment and other valuable assets related to the garage door business. If something bad happens, you will have the necessary financial help to get back on track.

Be certain that you take a look at the right insurance policy in detail, so you are aware of the coverage options and indemnity periods. This way, you won’t face any unpleasant surprises when it comes to covering the costs of repairing or replacing damaged items.

 

A Final Note

A garage door business can seem like an easy step to a better life. However, it can be quite challenging: you will have to take care of construction works and repairs, managing an office, contacting clients, creating a marketing campaign, and figuring out all the paperwork.

Fortunately, all that doesn’t have to be very hard. The first thing that can be helpful is making a plan: this way, you can outline your goals and write down everything you need to achieve them. Apart from that, you can also consider teaming up with someone or hiring a few workers – so you can divide the tasks and focus on your direct responsibilities. Whatever you do, we hope that this article was helpful – and we wish you luck.

 

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How to Plan Out the First Year of Your New Business

Reading Time: 3 mins

Starting a new business is often exciting and daunting in equal measure. With so much to organise, it can often be difficult to know where to start. Whether this is your first startup venture or you are a seasoned entrepreneurial vet, it’s crucial that you get your business off to the best possible start. 

Your first year of business is critical. Success in your first year of business will help to set the right tone for your venture moving forward. Before you launch your business, you will need to ensure that you have a plan in place for the first year with realistic and attainable milestones clearly laid out. When you are putting your plan together, it’s important that you focus on the key components of your operations to ensure that you are set up for success from the outset.  

Let’s take a look at a few things you need to pay close attention to when you are planning out the first year of your new startup.

 

Manage Your Finances Properly

For many new business owners, one of the biggest challenges they face in their first year of business is maintaining their books. Keeping accurate financial records is essential in keeping your business on track towards your goals. Modern small business accounting software packages provide an incredible amount of functionality and integrate directly with the ATO’s system to make it easier for you to fulfil your reporting obligations. With the right systems in place, you will be able to stay in full control of your finances as your business grows. 

 

Create A Solid Business Plan

A business plan is an important document for any startup. Having an effective business plan in place will help to guide you through your first year of business with greater ease. The information contained in your plan will help you with your decision making, forecasting, creating effective marketing campaigns and managing your business more efficiently. Your business plan will also be crucial if you are seeking financing for your new company from the bank or private investors. 

 

Focus On Your Strengths

In the first year of business, finances can often be tight, forcing many entrepreneurs to wear many hats. While you can certainly expect to be busy in your first year, you need to ensure that you don’t spread yourself too thin. Outsource tasks that you are not good at and focus on your strengths. If marketing, accounting and logistics are taking your energy and focus away from the core of your business, you can hire freelancers, use software or outsource these tasks to free up more of your time to spend on the core components of what makes your business unique. 

 

Plan For The Unexpected

One of the main reasons that many businesses fail to survive their first year is a lack of funds. When you are planning your finances, be sure to allow for a contingency fund to cover unforeseen expenses. Upgrading computers, printer repairs, inventory issues, vehicle breakdowns and other issues can all result in an unexpected bill. Having some money stashed away to deal with these issues will help to keep your business running smoothly no matter what surprises pop up during the first year. 

 

Continue Learning And Listening To Ensure Success Moving Forward

Throughout the first year of your new business, you will need to learn on the job, make changes to your plans and adapt to the market as needed. As an entrepreneur, you should always be learning and expanding your knowledge about your industry so you can improve your business. Listen to your customer and your staff and take their feedback on board to make positive changes so you can provide the best possible service to your clients and establish your new business as a true entity in the local market. 

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What Makes a Successful Online Store?

Reading Time: 4 mins

The share of online retail in the developed countries of the world is 10-15%, and this market continues to develop rapidly. The buying process has changed a lot due to mobile devices. Nowadays, you can buy almost everything online: from a regular ballpoint pen to a car. There are online supermarkets where you can order food, online stores selling clothes and shoes, personal computers, home appliances, cosmetics, household and garden products, handicrafts.

Online stores are quite economical to manage and maintain. The owner of such a website does not need to have a physical store, to pay rent, and to bear the cost of wages for a large staff of employees. With this, you can open an online store in just a couple of clicks. It is enough to register a domain, to choose a good hosting and a convenient content management system. But why do some online projects grow and develop, while others do not bring profit at all? What makes a successful online store? Let’s try to find answers to these questions.

 

Online retail – ingredients for success

There is a stereotype that it is easy to do online sales, because online provides access to millions of potential buyers. But without work and a systematic approach, nothing will come of it. Doing business online is, first and foremost, low overhead and a small barrier to entry. But creating a successful online store is not easy. You need to earn the trust of your customers. Consequently, the main goal to be achieved in the process of creating an online store is convenience. Each page of your ecommerce site should be thought out to the smallest detail and be as user-friendly as possible.

Homepage

The homepage is the main page of the online store, the sign, the face of your company. There shouldn’t be a lot of information on it. Everything should be easy to read and clearly understood. A good home page should give you an idea of ​​the online store. During the first few seconds spent on your site, the visitor should understand what products or services you are selling. On the home page, you can also place links to the main sections of the catalog or important products overview, or product categories. In addition, banners with information about discounts, special offers or current promotions can be placed here as well. The homepage also often includes contacts, a feedback form or live chat.

Category pages

Category pages of an online store are analogous to the departments of a physical store, in which goods are laid out on the shelves in a certain sequence. You must make finding the right product as easy and convenient as possible. To do this, you can use infinite scrolling, quick product views, sorting by price, reviews count, bestsellers, etc.

Category pages can contain product photos and brief descriptions, ratings, new items, any other useful information. Anything that will help the buyer to find the products he needs, perhaps compare them and put them in the cart to make a purchase.

Product page

Both for an online hypermarket and for a small online store the product page is a very important page. It should contain information that will not only interest the buyer, but also convince him or her to make a purchase. Therefore, all information that you want to communicate to the buyer about a product or service must be carefully thought out, well-structured and organized in a convenient form.

Images must be of high quality and scalable. There should be a lot of them. Product images on the website of an online store should compensate the buyer for the inability to touch this product, try on clothes, for example, study the material. The description of each product must be unique and, if necessary, contain technical characteristics. It’s great when you have the opportunity to add a video review of a product. In addition, the product page must contain the current price. On this page you can place the buttons “Add to cart”, “Buy”, “Add to wishlist”.

 

A little more marketing

There are many ways to significantly increase your online sales. In each case, you need to check several different methods of promoting a product or service, compare their effectiveness and choose the best one for your ecommerce project. To this end, you have to develop a marketing plan.

When launching new products or promotions, you can use countdown landing pages. You can also provide registered users of your site with coupon codes for various reasons, give discounts for Christmas or birthday. Gamification of the site can give a good result. People love to have fun and earn points by playing a game on the site or by answering questions.

Don’t forget to also set up Google Analytics code. This will help you track ecommerce and measure your performance. Google Analytics reports cover pretty much everything you need. Periodically compare your online store with competitors and try to do more, provide customers with additional service.

 

Is it worth all the effort?

Now you know a little more about how to create a successful online store. It is a tricky job. In order to maximize customer satisfaction, Amazon is launching delivery drones, shops without sellers and mobile assistants. IKEA develops applications that can be used to virtually “try on” furniture from a store to see if it fits into the interior. Give your customer the best and your hard work will be rewarded!

 

About author: Sandra Parker works as Business Developer in TestFort and helps enterprises to accelerate their businesses through custom software development and testing. She loves coding and managing projects.

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Powerful Strategies to Improve Your ECommerce Site

Reading Time: 3 mins

With the rapid development of ecommerce and constant innovations, it’s crucial to stay current with the latest trends and technologies improving business and adjusting strategies. To succeed, an online seller should be revising the regular tools, searching for mistakes and improving.

Software outsourcing company like Qarea might be required to help make smart decisions and take the business to a new level. Even when using outsource software development and relying on professionals, the main aspects and tendencies should be comprehended. Below is a summary of the main aspects to pay attention to when considering powerful strategies to improve the ecommerce site.  

 

Navigation

To make a purchase, the website users should be able to find what they need. It sounds quite obvious and simple but, in reality, does not happen all the time. Try to understand your customer, test the website, get feedback and optimize UX/UI. 

Website testing is to be done frequently and will help improve the experience, based on the feedback received. Better navigation will improve user experience and motivate them to return for their next purchase. It’s not always necessary to have a permanent team to make sure the ecommerce website is functioning properly,  professionals for specific purposes might be hired when there are reasons to outsource.  

 

Speed

Today’s online consumers will not accept an ecommerce site with pages taking too long to load. According to statistics, 1 in 4 users will abandon a website that takes more than 4 seconds to load, and a one-second delay reduces customer satisfaction by 16%. Such numbers make it self-evident that no matter how much traffic you attract, the website will not make sales without a decent speed. 

 

Plan advertisement campaigns

Work on the advertising campaign of the ecommerce store to increase sales. Analyze data to understand your customers better – how and why they come to you, what they look for, what else they might need, what the trends are on the market. This information will help predict users’ behavior, correct mistakes, and plan advertising budgets and options wisely. Analyze where the website visitors stay longer, whether it is the product page, blog, customers’ comments, see what they like, and strengthen it. Understanding customer’s behavior will help you understand where to meet the new ones and which tools to use.

 

Product images and description

Product images are of extreme importance in ecommerce. In an offline store, a customer can see or touch the object, online a picture is the strongest tool to evoke an emotion to make a purchase. Quality images with zoom possibility, 360-degree rotations, and 3D tours fuel customer credence and interest. Remember about the speed factor when placing pictures on the website. They might be amazing but if they load too slow, the client leaves.

Speaking of emotions, keep in mind that a manufacturer’s instructions might be too boring to spark interest or even finish reading. Explain the benefits of the product, why it is worth spending money on, and how it can make life better. Make the most of the opportunity to present the products when someone is already on the website.

Content and website design should be complementary and together constitute a part of a comprehensive e-commerce strategy. 

 

Checkout process

Remember why you started an ecommerce site? Correct, to make sales. Making the purchase simple for the customer is of the utmost importance. Numerous obstacles during checkout make consumers abandon the store. If several steps have to be taken, do make sure clear directions are given. It ‘s preferable to offer different payment methods. Other than Visa or MasterCard, debit cards, PayPal and ApplePay will bring more ecommerce sales.

Baymard Institute calculated 68.06% of the average documented online shopping cart abandonment rate. The value was based on 44 various types of research with the statistics on e-commerce shopping cart abandonment. To make sure the checkout process works perfectly it might be necessary to hire a software outsourcing agency for website testing. 

Tracking abandoned carts and addressing the issue is a key to solving it. With specialist software, it is possible to send friendly reminder emails about the purchase completion. In such cases, an additional discount can motivate. 

 

Upselling and cross-selling

After the customer is satisfied with their online purchase, it is worth continuing communication. It took a great effort to start it, now everyone has to take advantage of the sales on one side and more pleasant shopping on the other. A customer should receive information about similar or complementary products, which the ecommerce platform offers. Upsells and cross-sells might often be improved without any alterations in the software. If it becomes necessary to make a few changes in the software, outsource development might be considered. 

 

Shopping from mobile devices

This might be the top priority. Today a must-have for a successful ecommerce business is not only a responsive website but also an opportunity to shop on smartphones and tablets. Already about 40% of online shopping is from mobile devices and optimization for them will increase sales. 

 

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